Influence of Gas Prices

[Tony007]

Re: Influence of Gas Prices

I'M LOOKING FORWARD TO THE OPPORTUNITY ED !!!

[AntarcticDave]

Re: Influence of Gas Prices

I'm ok at $5 per gallon, but when it passes $6 I'll probably rethink some of my driving. My 47 Cadillac gets 12 mpg, so I will not take more than one distance tour with the club in it. A matter of fact the club has cut down to one driving tour per year, and cut the distances down, since some of the cars (like 1959 - 1960) get 7 mpg. Even so, I notice our registration for thsi year's trip is down from last year.

[Rick]

Re: Influence of Gas Prices

We all Prioritize. 20 years ago I spent my discretionary dollars on flying airplanes at $35 per hour, today it is over $100 per hour so I really don't do that anymore. 15 years ago I spent my discretionary dollars on water skiing at 6 gallons per hour $7 or $8, today it is over $24 per hour at the marina so I really don't do that anymore. 10 years ago I spent my discretionarty dollars on cruising in my small trawler at 4 gallons of diesel per hour $ $ 7 or $8, today it is over $17 per hour so I really don't do that anymore. Yesterday I cruised in my Torch Red Thunderbird with my lovely spouse with the top down (the car, not hers!) in 82 degree sunshine in North Carolina around 45 mph at 2 to 3 gallons per hour $ 8 to $11 , so I really do that ANY CHANCE I GET! The value of the pleasure received is more than worth it!

[007Cruiser]

Re: Influence of Gas Prices

For the first time ever, the average driver in NJ spends more for fuel in a month than the amount of his car payment.

[5bird7]

Re: Influence of Gas Prices

I think our gas bill is our 2nd highest bill - next to the house payment. I really don't want to sit down and calculate it out.

[Bradford]

Re: Influence of Gas Prices

Not really slowing me down yet. I bought my '05 Cashmere April 15, 2005. It was a bad tax day and I needed to remind myself why I worked my ass off all week. At first I didn't drive it that much to keep the miles down. Gradually started driving it more. Today it has 25,000 miles. This is the best time of year to enjoy a convertible in South Florida, so I drive it, if raining or nasty, I drive my Acura TL, have a '67 Mustang convertible I drive some on the weekends, I have no idea it's gas milage, don't drive it enough to car. Leaving for a month long road trip 8th of May, never questioned what car, Thunderbird of course. I just don't look at the pump, put the American Express in before pumping, fill up, take receipt out wad it up and throw it away. I figure I'm getting double miles at the service station balances it out. After my trip, I'm considering making the Savannah meet, would be my first Birdnest gathering. I've let enough life pass me by.

[SixPac]

Re: Influence of Gas Prices

I've never have had to pay $4 ++ for a gallon of premium gas, but it's starting to get close. Filled the Bird up today at $3.829 a gallon for 93 octane. I think that we are still cheaper than most parts of the country.

[007Cruiser]

Re: Influence of Gas Prices

Regular jumped by 8 cents since Tuesday. Now $3.37 at the cheap places.

[steelblue5505]

Re: Influence of Gas Prices

I'll never figure this out. Why is $4.00 + for a gallon of gas thought to be a lot of money, but the same is easily spent on a 16 oz. speciality coffee drink and no one thinks this is too expensive.

[Ediron]

Re: Influence of Gas Prices

The thing I can figure is how gas go's up EVERYDAY.They don't get a deliver everyday to reflect a new price but it still go's up.In six months there will be a big investigation about this and then it will silently go away.I'm not going to invest in the market I'm going to get shares in the local gas station.

[Daktari]

Re: Influence of Gas Prices

Hi there,

I kind of know what you mean when comparing it to the price of a fancy coffee. The main difference being that most of us just drink one coffee at a time and not twenty.

The fact that it is $4.00 x 20 = $80.00 kind of hurts a bit more as it comes all at one time. I always remind myself that my retired parents over in England are having to pay out around $8.oo/gallon and have been doing since I was last there 2 years ago.

That's why my dad drives a turbo diesel VW Golf and gets around 45 m.p.g.

See, it could be worse....

[bronzebird]

Re: Influence of Gas Prices

The thing I can figure is how gas go's up EVERYDAY.They don't get a deliver everyday to reflect a new price but it still go's up.In six months there will be a big investigation about this and then it will silently go away.I'm not going to invest in the market I'm going to get shares in the local gas station.

Right now with escalating prices the retailer wins. If he fills up a 5,000 gallon tank today at $x and the retail price subsequently goes up he does well. On the other hand if the price drops by 5, 10 or 15˘ a gallon, as has happened in prior months he loses. Here in Loganville the Chevron I deal at was at $3.89 a couple of weeks ago and then it dropped to $3.69 for a few days. I may be wrong but I'm guessing the dealer had to eat that 20˘ a gallon. Now it is back up to $3.93 so if he is still working off the same load of premium he will be okay.

Does this make any sense, or am I confused?

Bronzebird

[Lonestar]

Re: Influence of Gas Prices

I think we have at least one person who works for a major oil company on TBN so maybe they can clear help us out with this topic.

To chime in on Ediron’s post, there will never be any investigation… I mean this has gone on for years and no investigation.

Several months ago a Senate Committee brought in all the CEOs from the top oil companies and frankly the CEOs made the committee look like a bunch of boobs. Any investigate would end with the same result and since many people actually watched the aforementioned meeting, and would watch another on this explosive topic, there will not be one so as to avoid letting the public see how out-classed these committee members are when face-to-face with CEOs from the real world private sector, a world most have never worked in.

To chime in on bronzebird’s post. When you see the price at the pump go up because crude went up that is a rip-off. Let’s say the price of crude today is $112. a barrel. It will take weeks for the $112. a barrel crude to be delivered to the tanks of the retailer in the form of refined gas. Conversely, if the price of crude goes down today that is not reflected in the retail price of gas until that reaches the retailer, if even then. The only thing that at this time causes the price of gas to go down is a drop in demand.

[Monty]

Re: Influence of Gas Prices

My bird has been running a little rough the last few days and was beginning to wonder if I was getting into a COP's problem THIS IS NOT A COP'S POST. That wasn't the problem and I was told probably either moisture in tank or bad gas. I added some moisture control but that didn't work. Then this happened. I manage a trucking company and one of my drivers formerly drove a gasoline dely truck in Houston. He said many times he would go into various stations and their regular unleaded holding tanks would be full and the manager or owner would just tell him to put the regular in either their extra or super unleaded tanks. I usually use either Chevron, Texaco or Shell. Don't remember exactly where I bought this last tank but went down yesterday after work and put in a can of "barely legal octane booster". Today the bird is running just fine. Was wondering if anyone else had experienced this?

[Ediron]

Re: Influence of Gas Prices

I think we have at least one person who works for a major oil company on TBN so maybe they can clear help us out with this topic.

To chime in on Ediron’s post, there will never be any investigation… I mean this has gone on for years and no investigation.

Several months ago a Senate Committee brought in all the CEOs from the top oil companies and frankly the CEOs made the committee look like a bunch of boobs. Any investigate would end with the same result and since many people actually watched the aforementioned meeting, and would watch another on this explosive topic, there will not be one so as to avoid letting the public see how out-classed these committee members are when face-to-face with CEOs from the real world private sector, a world most have never worked in.

To chime in on bronzebird’s post. When you see the price at the pump go up because crude went up that is a rip-off. Let’s say the price of crude today is $112. a barrel. It will take weeks for the $112. a barrel crude to be delivered to the tanks of the retailer in the form of refined gas. Conversely, if the price of crude goes down today that is not reflected in the retail price of gas until that reaches the retailer, if even then. The only thing that at this time causes the price of gas to go down is a drop in demand.

Lonestar ,that's why I said it will silently go away.You read about it and never see any results.Second half about the price of crude is also what I'm saying .The price at stations jumps as fast as the oil prices.I've seen some drop but when the price go's up by .20 in a day or two and backdown by a.05 this is not a loss as it go's back up by .15 three days later.Most of the time if there's a drop it's to attract customers.In S.Fl. it's like your turn Texaco for the low price this week and next week it will be the Shell station.They share the wealth