View Full Version : Are you using more gas now that prices are down?
scarab71
12-18-2008, 06:16 PM
Gas just closed at around 36 dollars a barrel today and I was wondering if you any of you guys are using more, alot more or about the same amount of gas as when it was high? (excluding boating fuel :D)
stylishskier
12-18-2008, 06:49 PM
Gas just closed at around 36 dollars a barrel today and I was wondering if you any of you guys are using more, alot more or about the same amount of gas as when it was high? (excluding boating fuel :D)
less... boating season has been over with for a while and I just have a standard commute now... not driving around to different projects... I have been drinking more though :cheers:
transomstand
12-18-2008, 06:52 PM
I use about the same, but lately, when I drive by a gas station, I get this wierd feeling "Wow, gas is cheap, I should go somewhere":confused:
The Gas taxes are coming!!!!
National & State!
stylishskier
12-18-2008, 07:08 PM
I use about the same, but lately, when I drive by a gas station, I get this wierd feeling "Wow, gas is cheap, I should go somewhere":confused:
I drove to CT this past weekend to visit my buddy from college but woulda gone whether gas was 4 or 2... Avenged Sevenfold at the chevy theater, CT river is flooding like crazy:eek:
Rigaud
12-18-2008, 08:59 PM
The Gas taxes are coming!!!!
National & State!
You guy's don't have them yet?????:eek: We get taxed up here right up are a*s like you wouldn't beleive. Take a look at what I listed below based on pump price by the litre on December 6th, 2008.
And since it's frozen with snow here and no snowmobile this year, I'm using a lot less fuel. I work from my shop at home and can be up to 5-6 days without even getting in my car or truck.
31,32¢ = Value of gasoline at Bloomberg on the eve.
05,178¢ = Gross profit per litre for refining after conversion in Canadian $$$.
---------------------------------------------------
36,5¢ per litre for « OSP » set at the ramp by Shell or Petro Canada for Montréal
09,4¢ per litre for the service station owner.
10¢ per litre for the Federal exise Tax
15,2¢ per litre Provicial Fuel Tax
01,5¢ per litre Transports Tax
----------------------------------------------------
72,2¢ per litre (Sub-total before TPS & TVQ) Provincial and federal sales tax.
03,6¢ per litre for TPS
05,7¢ per litre for TVQ
-----------------------------------------------------
81,9¢ per litre @ the Pump.
Without any taxes we would pay maybe $0.47/L ($1.78 US Gallon) but instead we get nailed with $074.9/L ($2.83 US Gallon):mad:
JP Love
12-18-2008, 09:15 PM
Tu es anglais ou français Rigaud??
Rigaud
12-18-2008, 09:21 PM
Tu es anglais ou français Rigaud??
Francais, but went to English school. ;)
DoktorC
12-18-2008, 09:26 PM
Gas just closed at around 36 dollars a barrel today and I was wondering if you any of you guys are using more, alot more or about the same amount of gas as when it was high? (excluding boating fuel :D)
Not only do I drive more...I drive more WFO :).
king gill
12-18-2008, 09:40 PM
NO not really usin more,just more apt to gettin it when i need it instead of pushing it off till later...But if I was still boating I'd be burnin it up for shizzle:thumbsup:
Denny <><
12-18-2008, 09:48 PM
NO. If I conserve now I can burn more on the water this summer!!!
JP Love
12-18-2008, 09:48 PM
For boating YES......................No problemo :thumbsup:
Little Jon
12-18-2008, 11:09 PM
IF anything, it seems as if i have driven less lol
bigshrimpin
12-18-2008, 11:26 PM
I'm driving less cause I work downtown. $36 dollar oil reminds me of an article I read in August 2005.
http://www.forbes.com/business/feeds/afx/2005/08/30/afx2195813.html
AFX News Limited
Oil price bubble about to burst, says business guru Forbes
08.30.2005, 05:20 AM
SYDNEY (AFX) - Oil prices are set to crash from this week's record highs as a speculative market bubble bursts with an impact that could make the hi-tech bust of 2000 'look like a picnic', business publisher Steve Forbes has predicted.
Forbes said the high oil prices currently dampening the US economy, which peaked at more than 70 usd a barrel yesterday as Hurricane Katrina headed for the US Gulf Coast, would fall to 30-35 usd a barrel within a year.
'I'll make a bold prediction... in 12 months, you're going to see oil down to 35-40 usd a barrel,' he said, according to Agence France-Presse.
'It's a huge bubble, I don't know what's going to pop it but eventually it will pop -- you cannot go against supply and demand, you cannot go against the fundamentals forever.'
The billionaire magazine publisher's comments came as the price of crude eased following US government comments that it could release some of its Strategic Petroleum Reserve (SPR).
The SPR, a 700-mln-barrel stockpile set aside for emergency use, could be used to counter oil shortages caused by Hurricane Katrina's devastation of the Gulf oil industry, which accounts for about a quarter of US output.
Forbes, who unsuccessfully sought Republican nomination in the 1996 and 2000 US Presidential elections, said the US government's constant topping up of the SPR had helped drive up oil prices.
'The speculators know now that no matter what happens to the price of oil, Uncle Sam is there buying almost every day,' he said.
'Stop the buying and in fact throw some of that oil on the open market, boy that would throw it in turmoil and send the price down.'
He said factors such as inflation and increased demand for oil from China and India only accounted for a small part of the price hike from 25-30 usd a barrel three years ago.
'The rest of it is sheer bubble speculation,' Forbes said.
'I'll be blunt, there's hardly a hedge fund in North America that hasn't speculated on oil futures.'
Forbes said the higher the oil price rose, the harder it would eventually crash, creating more pain for hedge fund managers and their clients.
'I don't think it's going to go to 100 usd but if it does the crash is going to be even more spectacular,' he said. 'It will make the hi-tech bubble look like a picnic -- this thing is not going to last.'
whipper
12-19-2008, 12:11 AM
I use the same at the lower price as the higher. The only differance is the big Oil companies are only making single didget Billions a Quarter in stead of Double! Break even is $9 a barrel so anything above 20 bucks a barrel is double proffit margin for EXON and the likes. The stock markets set the price of oil in the futures market. The Dow,Nikkei,Futsee,S&P,UK and Dax go up oil goes up they go down oil goes down. Oil just bounced off 35.90 last hour so who knows how low we can go. Im thinking 12 bucks a barrel like in 1984. It wont stay there long but the drop from 40-12 happen overnight back then so at these levels anything is possable right now with the criminals in the upper finantual world scrambaling not to get cought like the last hedge fund guy!! I trade oil min 30 times a day every day sunday to friday and thats what some are saying in the traders posts I read and contribute to. Obama has a large task at hand. If he doesnt have sure fire way of replacing oil that know one in the world seems to know he will collapse the world econamy in a very short time! Green is evel:reddevil: and a way to make all of us wear head bands and ragged clothes listening to reggy playing bongos!!! Higher oil and consumtion means you can buy your toys and play with your boats and have a bank account. gtheres enough oil to go around for hundreds of years at the very least. The fear that he wants to replace our dependants on oil is scaring the bejeeses out of the millions oil workers and nationals.
Miss Isle
12-19-2008, 12:54 AM
Amazingly enough, I think the last two years has changed my driving habits for the better. I no longer see the need to drive the hour to St. Louis to go shopping, dinner, or just screwing around. Our family seems to get by just fine with the local fare.
sho305
12-19-2008, 01:06 AM
It think we are importing too much oil, unless it stays cheap but it never will again. Its just too much cash leaving the country, however I strongly think you need to be very sensible about what you can do to change that. You just aint going to have electric or hydrogen cars any time soon, so you better work with what you got. I use about the same because I cut way back a few years ago, about when it hit 2.30 here. I quit driving my truck much and started driving a little four banger. Now I am trying to make some money back IMO, and only difference is I fill the car up instead of little at a time. But I don't drive that far so I can and still do stretch it way out. Diesel is still a dollar more, what a rip off. Last Thursday gas went up $.35 here and had not come back that far by yesterday. Just in time for the shopping weekend, its the same old game. I am sure it will go up a dollar come summer if it happens to still be low...and again I'll run my little boat a couple times the whole summer and run the golfcart like crazy. I have too many other better things to buy these days than ripoff gas.
It really sucks for boating. If it stays under $2 I will run the boat a little more, but still less than 4 yr ago. I need to make some cash back IMO and now most know they can do without; most have credit card bills to pay. I've seen some suburbans sneaking around here, but nothing like what it used to be. Traffic on my street is still depressed, few trucks and used to be tons of trucks around here. They are sitting in driveways all over the place with weeds growing up around them.
On top of that MI wants to have the highest gas tax in the US, I know the worthless ****** will do it too because they are the worst government in the country just check the economy here. They want to run everyone out of this state and doing a good job. You don't see them offering any help to the automakers, just choke whoever is stupid enough to stick around. The automakers, well yeah maybe why nobody here is using gas is because they hear the death bell ringing.
Oh yeah, I cut back on miles too. I have it all figured out where to get what I need local as possible. About once a month or less I go to other places and stock up on food and other items I can't get within 10 miles. I even have the route down to mostly right turns. :)
kuczman
12-19-2008, 01:22 AM
Tu es anglais ou français Rigaud??
Well, this brings memories... I had to go to Montreal on a short notice in '84 I believe. Beautiful city. Parks just like Chicago's (designed by top French architects) but with one major difference. They were full of people: biking, walkin, having picknicks on the grass, pedal boating on the ponds.
What a sight.
Except people in the city. You ask for something in English and they pretend not to understand. Answer in French. If only I did not hear them speak English earlier...
Capt.Insane-o
12-19-2008, 02:47 AM
No.. but I am hoarding boat gas away for the summer, pump premium with 5 gallons of 110 thrown in. I drive about 30 k a year and totalling up my gas reciepts was a horror show.
whipper
12-19-2008, 03:03 AM
WOW I love that Sig Shotgun!!!! what model is that!!:thumbsup:
Capt.Insane-o
12-19-2008, 03:12 AM
Benelli Super Black Eagle II As stated before if sex was a shotgun, it would be this one. Get one before you can't.
kuczman
12-19-2008, 03:12 AM
Would it be because you're not allowed to own one ;)
I meant to ask the same question, it reminds me of my rifled barrel 12ga pump.
kuczman
12-19-2008, 03:24 AM
I have a Winchester and when shooting with slugs, it still brings the range owner running down to see what's being fired ;)
whipper
12-19-2008, 03:44 AM
It think we are importing too much oil, unless it stays cheap but it never will again. Its just too much cash leaving the country, however I strongly think you need to be very sensible about what you can do to change that. You just aint going to have electric or hydrogen cars any time soon, so you better work with what you got. I use about the same because I cut way back a few years ago, about when it hit 2.30 here. I quit driving my truck much and started driving a little four banger. Now I am trying to make some money back IMO, and only difference is I fill the car up instead of little at a time. But I don't drive that far so I can and still do stretch it way out. Diesel is still a dollar more, what a rip off. Last Thursday gas went up $.35 here and had not come back that far by yesterday. Just in time for the shopping weekend, its the same old game. I am sure it will go up a dollar come summer if it happens to still be low...and again I'll run my little boat a couple times the whole summer and run the golfcart like crazy. I have too many other better things to buy these days than ripoff gas.
It really sucks for boating. If it stays under $2 I will run the boat a little more, but still less than 4 yr ago. I need to make some cash back IMO and now most know they can do without; most have credit card bills to pay. I've seen some suburbans sneaking around here, but nothing like what it used to be. Traffic on my street is still depressed, few trucks and used to be tons of trucks around here. They are sitting in driveways all over the place with weeds growing up around them.
On top of that MI wants to have the highest gas tax in the US, I know the worthless ****** will do it too because they are the worst government in the country just check the economy here. They want to run everyone out of this state and doing a good job. You don't see them offering any help to the automakers, just choke whoever is stupid enough to stick around. The automakers, well yeah maybe why nobody here is using gas is because they hear the death bell ringing.
Oh yeah, I cut back on miles too. I have it all figured out where to get what I need local as possible. About once a month or less I go to other places and stock up on food and other items I can't get within 10 miles. I even have the route down to mostly right turns. :)
Im in the same boat so to speech. More or less.I want more cash so I can get rid of any dept dependance and lower fuel costs and less travel does help. Cash is king so Id like to be there some day soon. Im a day trader but see some good longer term investments comming around hear and there. I think the markets will be a good place for some if they arnt desperat. That never works you have to remain focused to proffit. My kids are travelling every weekend 500-1000 miles for compatitions and that realy drains the pocket book! I would rather have less money and give my kids this oportunity than have them sacrificed so I could have more cash though. Idealy i would like both!:smiletest: The strong and savy will survive. The best think a person can do is try to find some ways to invest in there families when times are down like now. It will pay divedends in the days a head. I drive less so my kids can have more. My work is down for two weeks right now. i have to watch what I do. I try to make money buy investing so if push comes to shove there is a way to make money with out my main work at the pulp mill. Ive been trading for 20 years so have a pretty good handle on it now but it can go fast the wrong way and does. What has been said in the past makes more sence than ever now. That is to stick with what you know and do best! Its funny how a simple thread about how your gas consumtion is can bring out major conversations about how people are being effected by the economic turn down. This layoff for me is the first time ever and the first time in 40 years my mill has ever had to do it!! That tells me how bad things realy are. We complained about high oil prices and gas prices but if they get much lower there will be even more major lay offs in the oil industry. Those guys and gals make big bucks that spend it happily. With out there contibutions if oil gets much lower is just another casualty but a big one none the less. If only we can stop the extreems and find a happy medium were steady groath and steady prices for oil and gas can be achieved with out the greed that drives them higher and lower. Ya even lower is fueled buy greed. In the market place new billionaires are being made every week buy those shorting the markets. Momentum of the bears fuel the markets lower. When they take proffits the market will go higher but not untill there objectives are reached. Oil in the UK session right now is still in the 36 range as markets over seas are haveing trouble staying even but are trying to stage a rally higher with hard selling stopping any gains. With friday and the holiday season hear there could be a sell of tommorrow in North America with traders uncirtain to hold over the weekend. As trading thins for the holidays the markets get a bit jittery and volitility resumes with low liquidity. This could exagerate the price action in oil either way depending on News events. I hope every one has a great Christmas and enjoys the savings to be had in fuel right now!:thumbsup: I just wish the grocery stores that jacked up there prices when gas was higher start lower there prices back to wear they were last year at least. :mad: Later James
whipper
12-19-2008, 03:57 AM
Would it be because you're not allowed to own one ;)
I meant to ask the same question, it reminds me of my rifled barrel 12ga pump.
:D Not the case up here near Alaska most of us have many many guns.:thumbsup: Benelli got a love it!! I have an old OMEGA side buy side and a Win 10 gauge my father in law handed down. I always wanted an Auto 12 G though sweet!!
whipper
12-19-2008, 04:21 AM
Comodities are tanking right now in London trading. Oil down to 35 right now. Gold is off 10 bucks. Looks like a sell off,Again. The eur is in free fall mode from an impressive run over the last week is what seems to be fueling the drop.
Rigaud
12-19-2008, 09:34 AM
Well, this brings memories... I had to go to Montreal on a short notice in '84 I believe. Beautiful city. Parks just like Chicago's (designed by top French architects) but with one major difference. They were full of people: biking, walkin, having picknicks on the grass, pedal boating on the ponds.
What a sight.
Except people in the city. You ask for something in English and they pretend not to understand. Answer in French. If only I did not hear them speak English earlier...
Yeah, those years in the 80's plus that year you mention was the pro seperation years where English & french was a big issue. They forced everyone to go to French school who was an immigrant. End result is today you have the original French population who learnt English as a second language at school and can't speak it if their life depended on it. The rest speak and write 3-4 languages or more plus many french speaking young people finally got fed up and are learning English on their own. :rolleyes:
Sorry, didn't mean to get off topic. Loving the prices though for gas, $25 to fill my Honda Civic and 370 miles. Last summer at one point it cost me $60 to fill the little bugger. :mad: And like I mentioned before I don't drive more but less. I plan my route when I go out with the truck & trailer for purchasing and do it once. Cost's less and not on the road as much. :)
jphii
12-19-2008, 09:47 AM
I'm using less, but that's just because I seem to be riding the M/C more. Filled it up last night: $4.25 :eek::eek:
monitornet
12-19-2008, 11:55 AM
I'm much more eager to go get my car tank filled up...but I'm not using gas unnecessarily...because I know that the prices will be rising again soon enough.
sho305
12-19-2008, 05:01 PM
Comodities are tanking right now in London trading. Oil down to 35 right now. Gold is off 10 bucks. Looks like a sell off,Again. The eur is in free fall mode from an impressive run over the last week is what seems to be fueling the drop.I only buy on big drops, I can't follow it that closely. I bought some Ford at 1.99, not much though. I saw one guy say demand is going up for gas contrary to other reports, I don't see it being winter here. I do see signs of speculators playing in oil again already, so I would not at all be surprised the price goes up much sooner than expected. There is no controls on trading it, these hedge funds will be getting hungry to hose us real soon.
Rigaud
12-19-2008, 06:09 PM
I only buy on big drops, I can't follow it that closely. I bought some Ford at 1.99, not much though. I saw one guy say demand is going up for gas contrary to other reports, I don't see it being winter here. I do see signs of speculators playing in oil again already, so I would not at all be surprised the price goes up much sooner than expected. There is no controls on trading it, these hedge funds will be getting hungry to hose us real soon.
:reddevil: Speculators :reddevil:
Line them all up against a wall and S%@*%!T (S%@*%!T) them.
JR IN JAX
12-22-2008, 08:00 AM
I hope it stays this low through next Summer, I would like to put a lot more hours on the boat and 'skis this year.
sho305
12-22-2008, 01:36 PM
:reddevil: Speculators :reddevil:
Line them all up against a wall and S%@*%!T (S%@*%!T) them.
People can scream 'free market' all they want and I'm for it too, but I just don't understand how you can let your energy markets be manipulated like this. It causes swings the market can't handle, look at the money we shipped out of the country, and it is a security concern. Do you see anyone connecting oil with this economic downturn? Nobody says much, but just how connected is it? How many people are into debt because of it...and not spending/paying bills? How much of it is from speculators? Natural Gas went near double at the start of last summer, that was all speculation. Now it is pretty cheap unless that guy gets cars burning it. This keeps up and you will need a furnace to heat your house that can burn five different fuels.
On the other hand you can rip off $50 billion and get reported doing it and nobody in the government cares, so what good is the government.....I should not expect much? What a joke this whole situation is, here I thought we had educated people running this country not a bunch of five year old retarts....that are still at work with their blindfolds on. The media does not care either.
Rigaud
12-22-2008, 03:35 PM
People can scream 'free market' all they want and I'm for it too, but I just don't understand how you can let your energy markets be manipulated like this. It causes swings the market can't handle, look at the money we shipped out of the country, and it is a security concern. Do you see anyone connecting oil with this economic downturn? Nobody says much, but just how connected is it? How many people are into debt because of it...and not spending/paying bills? How much of it is from speculators? Natural Gas went near double at the start of last summer, that was all speculation. Now it is pretty cheap unless that guy gets cars burning it. This keeps up and you will need a furnace to heat your house that can burn five different fuels.
On the other hand you can rip off $50 billion and get reported doing it and nobody in the government cares, so what good is the government.....I should not expect much? What a joke this whole situation is, here I thought we had educated people running this country not a bunch of five year old retarts....that are still at work with their blindfolds on. The media does not care either.
Just as an example of what high fuel prices did to us here last year. Diesel and gasoline was close to $6 a gallon U.S. last winter and we had record or near record snowfall in our parts. A huge amount of guy's in snow removal went bankrupt because they spent their entire fuel budget for the season in 30 days or so. Happened to be a bad combination of fuel way too high and mother nature giving it to us non stop. Just North East of Quebec City they recorded 26 feet of snow for the season. :eek:
Food is 3-4 times more expensive, cottage country up North was dead and small mom & pop corner stores barely made a dime. Yeah, I'd say a huge swing like we had last year is a killer on the industry. Planes, trucks and trains all use fuel and we ended up have huge price hikes their too. It's a terrible domino effect and when these things happen too suddenly, well you don't see your boss adjusting your salary accordingly.
Cheers
John
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