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Old 04-23-2007, 08:40 AM  
Donger Donger is offline
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

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Last edited by Donger; 10-10-2014 at 01:43 PM..
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Old 05-25-2008, 01:43 PM   #736
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Quote:
Originally Posted by Donger View Post
Jet engines don't run on gasoline, silly.
What difference does that make? Whether you're using diesel, jet fuel or gasoline, you're still adding to the demand for oil.
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Old 05-25-2008, 01:43 PM   #737
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Originally Posted by jidar View Post
In the grand scheme of things (88,000,000 bpd currently is world production) it's not that much and they've been working on getting that online for 2 years. This is significantly slower than it needs to be in order to maintain business as usual.
That's one of my problems with peak oil. Choosing not to drill it is not the same as it not existing.
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Old 05-25-2008, 01:44 PM   #738
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What difference does that make? Whether you're using diesel, jet fuel or gasoline, you're still adding to the demand for oil.
Because we were talking about gasoline. I've actually drastically cut back on my traveling.
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Old 05-25-2008, 01:46 PM   #739
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I wonder if one of these is worth a damn?

http://www.runyourcarwithwater.com/?hop=bmt2005
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Old 05-25-2008, 01:55 PM   #740
Baconeater Baconeater is offline
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Originally Posted by Donger View Post
Because we were talking about gasoline. I've actually drastically cut back on my traveling.
Fair enough, but just because someone might be using more jet fuel than gasoline doesn't mean they're not part of the problem.
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Old 05-25-2008, 02:14 PM   #741
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Originally Posted by GoBo View Post
Fair enough, but just because someone might be using more jet fuel than gasoline doesn't mean they're not part of the problem.
I doubt that there are many people in the US who aren't part of the problem.
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Old 05-25-2008, 02:31 PM   #742
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Originally Posted by Bwana View Post
I wonder if one of these is worth a damn?

http://www.runyourcarwithwater.com/?hop=bmt2005
Probably not. Every few years some investor bilks a bunch of people out of money by selling electrolysis systems and trying to make engines run on hydrogen. It works but it's less efficient than gasoline by a wide margin and unreliable. Several times people selling this stuff have been sued or gone to jail for fraud.
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Old 05-25-2008, 02:35 PM   #743
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Probably not. Every few years some investor bilks a bunch of people out of money by selling electrolysis systems and trying to make engines run on hydrogen. It works but it's less efficient than gasoline by a wide margin and unreliable. Several times people selling this stuff have been sued or gone to jail for fraud.
That is why I why I haven't gone for it. I figure I could install the parts in an afternoon out in the shop while downing a tasty brew or two. I live by the golden rule, "If it sounds to good to be true." My gut feeling is, you would have a better chance of messing up your engine than obtaining increased gas mileage and I have no burning desire to run out and buy a new Ford V-10 engine.
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Old 05-25-2008, 02:36 PM   #744
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Quote:
Originally Posted by Bwana View Post
I wonder if one of these is worth a damn?

http://www.runyourcarwithwater.com/?hop=bmt2005
I have no experience with them but I would imagine that if there was anything to them, they would have been on every news report for the last 6 months at least and sold out.

I expect at least one car manufacturer would have it stock on their cars (or at least one model) considering the advantage in sales and advertising it would allow them.
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Old 05-25-2008, 02:40 PM   #745
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I have no experience with them but I would imagine that if there was anything to them, they would have been on every news report for the last 6 months at least and sold out.

I expect at least one car manufacturer would have it stock on their cars (or at least one model) considering the advantage in sales and advertising it would allow them.
That is along the lines of my thought process on the product as well. It would be nice if they did come up with something that worked in the near fugure.
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Old 05-26-2008, 08:29 PM   #746
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$3.935 national average.

(CNN) -- At a time when gas prices are at an all-time high, Americans have curtailed their driving at a historic rate.

Americans are not driving as much as they did a year ago as gas prices skyrocket.

The Department of Transportation said figures from March show the steepest decrease in driving ever recorded.

Compared with March a year earlier, Americans drove an estimated 4.3 percent less -- that's 11 billion fewer miles, the DOT's Federal Highway Administration said Monday, calling it "the sharpest yearly drop for any month in FHWA history." Records have been kept since 1942.

According to AAA, for the first time since 2002, Americans said they were planning to drive less over the Memorial Day weekend than they did the year before.

Tracy and Adam Crews posted on iReport that their annual Memorial Day weekend has traditionally involved camping and fishing.

"Well, due to the continual rise in gas, we felt our only recourse was to nix the idea this year and stay home" in Jacksonville, Florida, they wrote.

Instead, the couple said they "decided to camp out in the backyard. We set the tent up, just finished installing our above ground pool, and cleaned up the grill. ... We have ourselves a campsite! It's been a blast!"

Nakeisha Easterwood of Smyrna, Georgia, said with gas prices on the rise, she sometimes catches rides with friends, and doesn't drive into town more than once a day. "It's crazy," she said.

According to AAA, the national average price for a gallon of regular gas rose to a record $3.936. That compares with an average price per gallon of $3.23 last Memorial Day.

"With it being near $4 a gallon, you definitely have to drive slower and pick and choose when you're going to do it," said Steve Kahn of Roswell, Georgia, at a Memorial Day festival in Atlanta.

Some Americans have turned to public transportation. Ridership increased by 2.1 percent in 2007, in part because of rising gas prices, according to the American Public Transportation Association.

Americans took 10.3 billion trips on public transportation in 2007, the highest level in 50 years, the group said.
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The Energy Information Administration says gas consumption for the first three months of 2008 is estimated to be down about 0.6 percent from the same time period in 2007.

For the summer season, gas consumption is expected to be down 0.4 percent from last year.
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Old 05-26-2008, 08:33 PM   #747
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If we are driving 4.3% less why is the consumption down only 0.6%?
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Old 05-26-2008, 08:41 PM   #748
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Quote:
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If we are driving 4.3% less why is the consumption down only 0.6%?
CNN uses new math.
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Old 05-26-2008, 08:45 PM   #749
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http://www.neatorama.com/2008/05/26/...-to-24-months/

Think that gasoline is expensive at $4 a gallon? Maybe, but apparently that price point isn’t high enough to make Americans change their usual day-to-day driving habit:

If oil hits $200 a barrel, which is the upper end of Goldman Sach’s prediction for prices over the next six months to two years, the gasoline picture changes quite dramatically. At $200 a barrel, crude alone would cost $4.76 a gallon. Add on the costs of refining and distributing as well as taxes, and pump prices could rise to a range of $6 to $7 a gallon.
U.S. drivers haven’t radically changed their behavior, and it is unclear at what price it becomes unprofitable for Americans to go about their usual day-to-day activities, said Eric DeGesero, executive vice president of the Fuel Merchants Association of New Jersey.
"Maybe at $6 or $7 a gallon, it becomes less attractive to go to work," Mr. DeGesero said. "We haven’t hit that point yet, but we might soon."
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Old 05-27-2008, 07:06 AM   #750
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If we are driving 4.3% less why is the consumption down only 0.6%?
More of us are just letting the cars idle in the driveway?
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