EdDucks916
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Amidst the summer rush...what will you do?
When gas prices get to $3 or $4 a gallon...
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aj884runner
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Almost that price here in South Western Ontario Canada. It is currently running at about $0.80 per liter. There are about 3.5 liters per US gallon. That works out to $2.80 per gallon. I run the premium in my Runner (Sunoco Ultra 94) and it`s about 90 cents per liter so that works out to $3.15 per gallon. I`ll continue to drive it.
aj884runner said:Almost that price here in South Western Ontario Canada. It is currently running at about $0.80 per liter. There are about 3.5 liters per US gallon. That works out to $2.80 per gallon. I run the premium in my Runner (Sunoco Ultra 94) and it`s about 90 cents per liter so that works out to $3.15 per gallon. I`ll continue to drive it.
Isn't your high price because of taxes just like the europeans? If we get to $3-4 per gallon you will be at $6-7 per gallon.
ToolmanJohn
New member
what about the exchange rate?
If one US gallon is 3.7845 liters, and gas is .90 cents (Canadian) per liter that makes it $3.41/gallon Canadian. At an exchange rate of .728 cents US= 1.00 Dollar Canadian OR $2.48/gallon US dollars at the exchange rate. Premium fuel is $1.91/gallon here in CT at the local Citgo, but I won't buy it. I only use the cheapest grade, 87 octane at $1.72/gal.
aj884runner said:Almost that price here in South Western Ontario Canada. It is currently running at about $0.80 per liter. There are about 3.5 liters per US gallon. That works out to $2.80 per gallon. I run the premium in my Runner (Sunoco Ultra 94) and it`s about 90 cents per liter so that works out to $3.15 per gallon. I`ll continue to drive it.
If one US gallon is 3.7845 liters, and gas is .90 cents (Canadian) per liter that makes it $3.41/gallon Canadian. At an exchange rate of .728 cents US= 1.00 Dollar Canadian OR $2.48/gallon US dollars at the exchange rate. Premium fuel is $1.91/gallon here in CT at the local Citgo, but I won't buy it. I only use the cheapest grade, 87 octane at $1.72/gal.
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aj884runner
New member
I thought the European countries were already at $3.00 per liter
:dunno:
We do have alot of tax on our gas, including a tax on top of the taxes. It all goes into a big pot for health care, welfare, roads etc.
:dunno:
We do have alot of tax on our gas, including a tax on top of the taxes. It all goes into a big pot for health care, welfare, roads etc.
aj884runner
New member
Damn it!
Gas just went up 10 cents a liter here! Now it is almost 90 cents per liter! They`re blaming it the rise in crude oil prices. I think I may have to buy a Toyota Prius for a daily driver. Those are ugly. Reminds me of those mid `80`s Citroen`s, but great on fuel!
Gas just went up 10 cents a liter here! Now it is almost 90 cents per liter! They`re blaming it the rise in crude oil prices. I think I may have to buy a Toyota Prius for a daily driver. Those are ugly. Reminds me of those mid `80`s Citroen`s, but great on fuel!
bulldog-yota
New member
Well what do you guys think of gas prices now? $3 here we come. I just drive less and less these days.
Together my wife and I drive around 30K miles per year, based on a conservative estimate of 18 mpg combined, I figure that every $1.00 increase in gas price equals around $140.00 per month in expense. Some of that mileage is off set by my wifes company at $.30 per mile (not enough). But we all will be paying more for everything we buy at the store, since these increased energy costs will/are passed along to the consumer. What hurts is when you break it down to the cost of a trip. Costs me $3.80 a day to drive round trip to the gym, that is at $1.80 per gallon. If it goes to $2.80 per gallon it will go to $5.60 for a trip to the gym. We now plan all of our errands around these trips.
bulldog-yota
New member
I hear you. Where I live gas is now hitting $2.50 a gal for 91, which I use. Up in the city, San Francisco, it is well above those levels.Pitbull said:
Pitbull said:
I have the same issue - company mileage reimbursments have started to fall way behind costs because of the rapid increase in gas prices. At present a lot of costs are not being passed on to consumers - a lot of individuals and small businesses are absorbing them - the problem is just waiting to fully impact us I think.
lexusnut
New member
I'd hate for gas prices to go up but I don't really wach prices now. Who cars, we are too small to make those big fat oil guys to drom prices. I listen all bull about shortages and all that crap... Useless.. I was looking at the hybrid, but darn those things are not powerfull any repair is through the roof. Like going to the doctor. I love the power I get from this 4.7 engine I'll wait few years for a really worth hybrid.
independent70
New member
ToolmanJohn your soooo lucky im in ridgefield and gas is 2.63 today at amoco for regular and i think $2.83 for premium!!!
greasefingers
New member
There is nothing like the smell, the noise, and the power of a gasoline/diesel engine. I hate the thought of a hybrid; it makes the short hairs on the back of my neck straighten.
Every year my family spends a week at my relative
Every year my family spends a week at my relative
This supply demand BS does not stand up. There is not a supply problem, just a greed problem by the producers and the refiners. The talk is that we will be competing with China for oil. Give me a break. The average Chinese makes 10 cents an hour compared to the American making say $10.00 per hour. What I am saying is that the average American is 100 times richer then their counter part in China. So if we pay $3.00 per gallon for gas it will have the effect in China of them paying $300.00 per gallon. Even if it was only $30.00 per gallon that is not going to happen, they will be forced to go to alternative energy resources. It's like any other item. If they only make 100, 10 carat diamonds that sell for $100,000 per diamond, I doubt I will be competing for the purchase of that diamond. Don't run out and buy a hybrid too soon.
iFORCE
New member
Pitbull said:
LOL. being chinese... I'm going to answer to this. Yes.. the average american is making more then chinese people... but that's because america doesn't have 1.3 billion people.
The reason why america is fighting with china for oil... is because large [government backed] oil companies are buying up oil companies in n.america so that they can send those oil back to china to be used by the chinese people. what a fantastic idea I think. If china can't produce enough oil for themselves.. why not buy up everyone elses oil companies and direct it all back to china!
China doesn't use their gasoline/crude oil so that they can drive.. they use it to produce other stuff. So that they can sell you almost anything in your house.
As oil supplies become scarce.... demand stay the same.. therefore driving up prices. Classic supply and demand from a first year university course.
iFORCE said:
You right supply and demand and if you can't afford the product the demand will stablize (China can't afford a price war over oil). China is trying to buy the 7th largest oil company that is located in North America. It might be blocked by the US government since we don't want China controling oil distribution. If they let China buy this one and they do any funny stuff it will be the last oil company they buy that the US controls.
iFORCE
New member
If the US company shareholders won't let China buy them.. . China will buy companies from everyone else. China has put a huge amounts of money into Saudi, Africa, Canada, etc. so that they can have the oil rights.
The US needs to admit that China is now a major player in the oil industry... and needs to make room. Otherwise.. China is going to be forced to make that room. China is starting to drill in places where american companies can't.
Gas prices will rise eventually.. just like anything else... but its also not just about how much oil prices are. Its also about supply/demand, scarcity of oil, inflation, refining costs, and taxes. But no matter how much gas is in the near future.. I'd bet over 90% of us would still drive a 4runner. For those of you switching to hybrid cars.. the cost of replacing that battery won't make it that worthwhile.
The US needs to admit that China is now a major player in the oil industry... and needs to make room. Otherwise.. China is going to be forced to make that room. China is starting to drill in places where american companies can't.
Gas prices will rise eventually.. just like anything else... but its also not just about how much oil prices are. Its also about supply/demand, scarcity of oil, inflation, refining costs, and taxes. But no matter how much gas is in the near future.. I'd bet over 90% of us would still drive a 4runner. For those of you switching to hybrid cars.. the cost of replacing that battery won't make it that worthwhile.
