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Midknyte
Posted on Monday, August 07, 2006 - 04:38 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Cr@p! This can't be good...

Indefinite closure removes 8 percent of U.S. production, raises price fears

http://www.msnbc.msn.com/id/14219844/
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Chainsaw
Posted on Monday, August 07, 2006 - 08:26 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

If I burned more than a gallon of gas a week for my commute, I'd be more worried!
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Pwnzor
Posted on Monday, August 07, 2006 - 08:35 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Bah, it's all part of the game. They have us right where they want us and we won't do a damn thing about it. Thank God for motorcycles.

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Court
Posted on Monday, August 07, 2006 - 08:40 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Let me repeat myself . . . Gas will be $5.00+ a gallon by Christmas.

I'm thrilled that finally things like motorcycles and alternative fuels will finally warrant a serious look.

Fact it....at $2.00 a gallon all the talk about emering sources of energy was hogwash...they simply made no sense; they cost more than gasoline.

Now they will and the great American entreprnuers will, once again, be called to lead the battle.

There has neve been a time in history more ripe with opportunity.
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Pwnzor
Posted on Monday, August 07, 2006 - 08:43 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Let me repeat myself . . . Gas will be $5.00+ a gallon by Christmas.

I've been saying $4.00 by Christmas and $5.00 by next summer. How about a gentlemans bet Court? Wager a gallon?



Make that a gallon, FULL SERVE

(Message edited by pwnzor on August 07, 2006)
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Ducxl
Posted on Monday, August 07, 2006 - 09:06 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

i remember the thread "$3.50/gallon by summer". I adjusted my commute from 46 miles roundtrip to 4 miles roundtrip.....Gas on! I'll bicycle to work if need be.I also have everything i now need within a 5 mile radius.But how will other aspects of my life be affected????
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Stretch67
Posted on Monday, August 07, 2006 - 10:22 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I'm planning a trip to Prudhoe Bay next summer.

I hope they get their technical problems fixed so I can ride to Deadhorse without being nearly flattened by a thousand trucks, and so that us visitors in the Deadhorse-Prudhoe shuttle busses can pass thru the BP property to take a dip in the Arctic ocean.

(Message edited by stretch67 on August 07, 2006)
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Mikej
Posted on Tuesday, August 08, 2006 - 12:12 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

22 miles of pipeline doesn't sound all that long.

If gas gets too high I ride the Buell, which I do anyway whenever I can.

If gas gets higher or the weather badder I'll ride a bicycle, in the winter a MTB with studded tires, or here in Wisconsin I may end up on a snowmobile since some folks just about want to give them away these days.

I'm not too sure about $5/gal gas in the next 18 months though. But if it does then all the old tube frame Buells with their 48-58mpg v-twin engines should start to appreciate in value a fair bit I'm thinkin'.

'scuse me now whilst I go scratch my head to think up ways to add an outrigger rear tire for studded/snowchained snowy icy winter commuting on the Buells.
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Buellgirlie
Posted on Tuesday, August 08, 2006 - 01:29 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

this came up at dinner, and my friend said that this is actually a smaller impact than hurricane katrina - sounds like an interesting comparison - though i have no facts to back it up (hey, this IS the internet, right? : )).

then again, pre-katrina, we never had gas over $3....

D
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Skyguy
Posted on Tuesday, August 08, 2006 - 02:50 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I started the $3.50 a gallon by summer thread and was right on the money.

Add another $1.25 for the next summer.
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Heads
Posted on Tuesday, August 08, 2006 - 05:24 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

well over $5 here in oz about time yous caught up
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Bigdaddy
Posted on Tuesday, August 08, 2006 - 07:13 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

$5.00 per gallon means deeply discounted new Suburbans :-)

(I'm still in a holding pattern RT until it happens : ) .)

G2
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Tq_freak
Posted on Tuesday, August 08, 2006 - 08:41 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

The whole thing is a load of cr@p, the US oil that is produced in Alaska is not the same oil we are buying for our gas here in the US. All of that oil goes straight to China and around OPEC and they have nothing to do with the price the US sells it for per barrel to China. What freakn gready OPEC did was see this and raise there price because most people dont realise its different oil and they have the US by the peaches. I understand that yes the oil production as a whole will slow by 8% but why does oil that we could never buy as consumers screw with our price?

You may wonder how I know all of this, my family has had there own service and gas station since the 40's and we get pissed off just as much as everyone else when the price per barrel goes out cause it really screws with the profit margin.
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Court
Posted on Tuesday, August 08, 2006 - 09:40 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Oil's within $2.00 of reacheiving it's record high of $80/bbl.

Bloomberg's analyst's predicting $100 soon.

Who wants to buy my pickup truck?

: )
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Bcordb3
Posted on Tuesday, August 08, 2006 - 09:55 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

The whole thing is a load of cr@p, the US oil that is produced in Alaska is not the same oil we are buying for our gas here in the US. All of that oil goes straight to China

Tg, you are so wrong, most of the Alaskan crude is shipped to the US Westcoast on American tankers, some of the crude is shipped to Panama and pipelined across Panama the picked by American tankers for distribution to US Gulf coast and East coast refineries. A very small percentage is sent foreign.

I know of what I speak.


(Message edited by BCordb3 on August 08, 2006)
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Road_thing
Posted on Tuesday, August 08, 2006 - 09:58 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Ah, the joy (and pain) of Economics 101!

rt
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Road_thing
Posted on Tuesday, August 08, 2006 - 10:03 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Bigdaddy: Gotta love Suburbans! I bought my current one (#4 in a series) in early '04, when gas had just gone through the $2.00 barrier. Invoice minus $500, and they threw in some extras, gratis.

My average mileage since purchase is right at 16.5 mpg. Certainly not "thrifty" but I think reasonable for what you get in terms of carrying and towing capacity.

rt
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Road_thing
Posted on Tuesday, August 08, 2006 - 10:09 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Dora: I think your friend is correct. The current North Slope shutdown will take about 400,000 b/d off line.

According to the US EIA, Katrina/Rita took over half a million b/d off line, and it's not all back on yet.

source: http://tonto.eia.doe.gov/oog/special/eia1_katrina.html

rt
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Darthane
Posted on Tuesday, August 08, 2006 - 11:05 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

<~~truck's getting paid off in another 7-10 months; an economical four-banger is in the works - and it can't happen soon enough to make me happy. However, until then, I continue to enjoy my Firebolt's 53MPG average 'round the city. ; )
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Pwnzor
Posted on Tuesday, August 08, 2006 - 11:16 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Price of gasoline at the pump in Venezuela: $0.14 per liter.

Price of gasoline in China: $1.40 per gallon.

Think about it, they are paying the "same" prices as us for a barrel.



BTW before I get flamed, the info came from ABC news last night, on the radio.

(Message edited by pwnzor on August 08, 2006)
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Midknyte
Posted on Tuesday, August 08, 2006 - 11:19 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I understand that yes the oil production as a whole will slow by 8% but why does oil that we could never buy as consumers screw with our price?

I dunno, but that's the picture they're painting

http://www.news-leader.com/apps/pbcs.dll/article?AID=/20060808/NEWS07/608080386
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Darthane
Posted on Tuesday, August 08, 2006 - 11:23 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

~~~~~~~~~~~~~~~~~
Price of gasoline at the pump in Venezuela: $0.14 per liter.

Price of gasoline in China: $1.40 per gallon.

Think about it, they are paying the "same" prices as us for a barrel.
~~~~~~~~~~~~~~~~~

Heavily subsidized, and/or not as heavily taxed?

The 'vehicle per capita' in those countries is also way, WAY lower than the US, thus demand is correspondingly lower. Quite simply, the average family in the US cannot function without a gasoline-powered vehicle of some sort. OPEC knows this, OPEC is a business, OPEC would be stupid not to capitalize upon this, no matter how much we may despise them for it. The average family in Venezuela or China likely can't even imagine OWNING a gasoline-powered vehicle.
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Vaneo1
Posted on Tuesday, August 08, 2006 - 12:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Is this due to the new, "Americans are fat asses weight loss program" were George W. is saying get on your bike fatass!

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The_new_guy
Posted on Tuesday, August 08, 2006 - 12:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

22 miles of pipeline needs to be replaced all of the sudden? How often do they check these things? Did the corrosion just happen overnight?

Gregg
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Darthane
Posted on Tuesday, August 08, 2006 - 12:21 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Of course not - which would also explain why it needs to be replaced 'all of a sudden'.

I doubt very much that they check pipe wall thickness every day or even every week. They may not even check it every month...thus, they found a small leak, which triggered a possibly impromptu wall check, and voila.

I'm finding it very difficult to get upset about gasoline prices anymore. Get as economical a vehicle as you can (obviously most of us here already have on, albeit not necessarily the most practical one), or accept the fact that a larger vehicle used for work/hauling is simply going to cost more (oh, say it isn't so!).

We in the US actually have it DAMNED GOOD when it comes to gas prices. Most European markets cost twice as much as a gallon here, it's roughly $4 a gallon in Ontario (last time I went), and about the same in Japan when I was there.

In other words, suck it up. ; )
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Pwnzor
Posted on Tuesday, August 08, 2006 - 01:26 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

If I posted my Chevron bill there would be a string of heart attacks on BadWeb.

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Kdan
Posted on Tuesday, August 08, 2006 - 01:31 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

It's SKYGUY's FAULT!. He started the $3.50 /gallon thread by summer.
I got rid of my pickup and moved 4 miles from work. My Honda Element only gets used for trips and hauling chilluns and boats. If I can fund a Dnepr or Ural side car unit, then I can get reduce the mileage in the car even further. It's not going down folks. Adaptation is the only method of survival.
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Skyguy
Posted on Tuesday, August 08, 2006 - 01:46 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Suck it up? I don't think so. It is more than clear that the American public is being manipulated at the pumps.

It would be an easier pill to swallow if the USA was setup with the same level of public transportation that the EU enjoys.

But no, we have a large network of public roads that require the use of an automobile for almost anything involving getting around.

It's all a game.
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Pwnzor
Posted on Tuesday, August 08, 2006 - 01:57 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

at the beginning of this thread, Pwnzor said, "Bah, it's all part of the game. They have us right where they want us and we won't do a damn thing about it. Thank God for motorcycles. "

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Darthane
Posted on Tuesday, August 08, 2006 - 01:57 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Quite honestly, working in the auto industry, it sickens me to see how little effort seems to go into investigating alternative fuel systems or even simply building more efficient cars (on the American corporate front). I know quite a few people that work in powertrain development and are involved in hydrogen fuel cell, hybrid, etc. research and they all seem to view it as either 1) and exercise in futility or 2) a joke to begin with.

When Toyota came out with the Prius they actually sold them at a loss for the first few years, banking on them becoming popular enough to be viable from a profit standpoint. Of course, it certainly didn't hurt that at the same time they were kicking the American manufacturers every which way from Sunday on the sales front (aside from trucks, the last bastion of the Big Three). Nowadays I see those things everywhere, and am seriously considering making one my next car. I've a couple friends and an uncle who own them and they all rave about them. My uncle could afford any vehicle he wanted, and he drives a Prius. None of the American manufacturers even field an alternative to it, though they are certainly seeing the error of their ways now and scrambling to catch up (story of their lives for the last decade in particular).

America as a whole is still stuck in the 'bigger/more is better' mindset, and that shines through in our vehicle selection better than almost anywhere else.

How many people do you know with oversized pickup trucks and SUVs that you've never seen anything larger than a suitcase in? That have hitches on their vehicles but have never and will never pull a trailer of any sort? Hard tonneau covers that they don't even know how to remove? A massive V8-powered sportscar just because it's 'cool'?

They're the reason I have little sympathy when it comes to gas prices. I'm guilty of it myself - as the payments on my truck (which gets used to haul large and/or heavy object quite frequently, or I wouldn't own it) near the end, my first thoughts for a new car were along the lines of, 'it's gotta be something fun, nothing less than 300HP!'. 350Z, SRT/4 Neon, Charger, BMW M, etc, etc. Over the last month or so I've turned around and decided that I don't need anything like that (I've got a Buell for thrill-seeking) and I just want something economical and preferably aesthetically pleasing. I've started looking at Ions, Calibers, Scions, and the like. ; )

Notice of hypocrisy: I will own a Viper sometime within the next decade. ; )
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