BMW X5
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Post Reply
 
Thread Tools Search this Thread
      08-20-2015, 09:56 PM   #1
335twins
Captain
335twins's Avatar
United_States
142
Rep
737
Posts

Drives: 2020 x3 M40i, 2019 M2Comp
Join Date: Mar 2012
Location: AZ

iTrader: (1)

Gas Prices

can someone shine some light why crude oil is at $50 a barrell and gas prices are the same or close to when barrel of oil was $100? wtf is going in here, are we getting band over or what...
Appreciate 0
      08-20-2015, 10:08 PM   #2
chillindrdude
Lieutenant Colonel
chillindrdude's Avatar
1156
Rep
1,726
Posts

Drives: anything with 4 wheels
Join Date: Feb 2015
Location: Virginia

iTrader: (1)

Quote:
Originally Posted by 335twins View Post
can someone shine some light why crude oil is at $50 a barrell and gas prices are the same or close to when barrel of oil was $100? wtf is going in here, are we getting band over or what...
to go from crude to pump gas requires refining.

gas companies have been clamping down on refining output to keep prices high.

for example, i read sunoco recently shut down a refinery (during the high driving summer season) for "unspecified repairs".

so simple supply/demand.

and yes, we are getting bent over. oil companies/execs making record profits. and they still get subsidies / tax break. f-ing bullshit.
__________________
My Trackable Street Car
2016 BMW M4 GTS
Appreciate 0
      08-20-2015, 10:36 PM   #3
N55
ⒸⒺⓇⓉⓘⒻⒾⒺⒹ✬ⓃⒾⓃⒿⒶ
N55's Avatar
United_States
137
Rep
1,475
Posts

Drives: 🚀
Join Date: Nov 2010
Location: Pittsburgh

iTrader: (3)

Garage List
Just paid $3.09 for 93 Octane. 2 Months ago paid $3.29 for 93 Octane.
__________________
2008 335xi E90 - Sold - > 2011 335xi E90 - Sold - > 2012 335IS E92 Crimson Red - SOLD > 2015 M4 Yas Marina Blue SOLD> 2019 McLaren 570s SOLD 2015 Lamborghini Huracan

Appreciate 0
      08-20-2015, 10:49 PM   #4
OneRib
Colonel
United_States
1102
Rep
2,448
Posts

Drives: 2015 AY M3
Join Date: Mar 2013
Location: PA

iTrader: (2)

Also some states are increasing the gas tax. PA did at the beginning of the year. Smart move as people didn't really notice with the lower gas prices. By the time they go up again there won't be anger at the state.
__________________
2013 E92 M3 LMB (gone but not forgotten)
2015 AY F80 M3 ED 7/9/15 Drop off 7/20/15 Redelivery 8/25/15
My AY M3 ED
Appreciate 0
      08-20-2015, 10:57 PM   #5
Swancoat
Lieutenant
136
Rep
504
Posts

Drives: E92 M3
Join Date: May 2009
Location: Houston

iTrader: (0)

Quote:
Originally Posted by chillindrdude View Post
to go from crude to pump gas requires refining.

gas companies have been clamping down on refining output to keep prices high.

for example, i read sunoco recently shut down a refinery (during the high driving summer season) for "unspecified repairs".

so simple supply/demand.

and yes, we are getting bent over. oil companies/execs making record profits. and they still get subsidies / tax break. f-ing bullshit.
Please tell me what oil company is making record profits so I can buy their stock.
Appreciate 0
      08-20-2015, 11:28 PM   #6
chillindrdude
Lieutenant Colonel
chillindrdude's Avatar
1156
Rep
1,726
Posts

Drives: anything with 4 wheels
Join Date: Feb 2015
Location: Virginia

iTrader: (1)

http://www.reuters.com/article/2015/...10U0U620150819

http://www.cnbc.com/2015/08/14/refin...mp-expert.html

Happy now?

Crude prices down nearly 60% since this time last year. But profits only down around 40-50%.

Sounds bad, but considering expenses of R&D, exploration, personnel, it's pretty damn good in perspective. But I guess you have an axe to grind given your smug (sounding) response.

Last edited by chillindrdude; 08-20-2015 at 11:33 PM..
Appreciate 0
      08-20-2015, 11:34 PM   #7
infamousdiz
Major
infamousdiz's Avatar
United_States
597
Rep
1,206
Posts

Drives: (17 X5M)gone 2018M3CS HERE
Join Date: Jun 2014
Location: Connecticut

iTrader: (1)

Quote:
Originally Posted by 335twins View Post
can someone shine some light why crude oil is at $50 a barrell and gas prices are the same or close to when barrel of oil was $100? wtf is going in here, are we getting band over or what...
summer blend is more expensive to produce then the winter blend too. you will see a 50 cent swing downward by the new year
__________________
I didn't know I couldn't do that. But I did know I couldn't do that.
Appreciate 0
      08-20-2015, 11:57 PM   #8
TrAcK TRaP
bOrN To DiE
United_States
413
Rep
1,738
Posts

Drives: 2011 E92 M3 ZCP
Join Date: Apr 2013
Location: South Jersey

iTrader: (0)

it will be around $1.80 a gallon (regular) soon guys..
Appreciate 0
      08-21-2015, 12:18 AM   #9
1MOREMOD
-
1MOREMOD's Avatar
United_States
11815
Rep
23,187
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Im liking that diesel has held at price cheap as regular for a decent while.
Appreciate 0
      08-21-2015, 12:21 AM   #10
csu87
Banned
2134
Rep
3,555
Posts

Drives: 09 335xi
Join Date: Nov 2013
Location: Northern Colorado

iTrader: (0)

E85 is under $2. Time for you to make the switch
Appreciate 0
      08-21-2015, 12:28 AM   #11
1MOREMOD
-
1MOREMOD's Avatar
United_States
11815
Rep
23,187
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Nah my Mazda sky active lmp2 car does fine on diesel.
Appreciate 0
      08-21-2015, 02:16 AM   #12
ASBSECU E93
Know's a guy that know's a guy...
ASBSECU E93's Avatar
5637
Rep
1,905
Posts

Drives: 2010 335d; 2008 135i
Join Date: Sep 2011
Location: Somewhere over the rainbow

iTrader: (5)

Quote:
Originally Posted by 1MOREMOD View Post
Nah my Mazda sky active lmp2 car does fine on diesel.
My diesel(s) also run fine on Diesel...getting 670 miles per tank on my stage II Jetta...

Having a stage II tune and DPF/AdBlue delete on my Touareg today

FWIW - 93 Oct is $2.28 / Gallon here
__________________
Quote:
Originally Posted by Lups View Post
She stood there. Pointed a finger at me and laughed at me. That damn bitch.
Quote:
Originally Posted by Lups View Post
Poop shit, shit and poop. I'm mildly angry now.
Appreciate 0
      08-21-2015, 04:28 AM   #13
tony20009
Major General
tony20009's Avatar
United_States
1042
Rep
5,660
Posts

Drives: BMW 335i - Coupe
Join Date: Jun 2009
Location: Washington, DC

iTrader: (0)

Quote:
Originally Posted by 335twins View Post
can someone shine some light why crude oil is at $50 a barrell and gas prices are the same or close to when barrel of oil was $100? wtf is going in here, are we getting band over or what...
Is there something you want to know that hasn't been addressed in the popular press?


All the best.
__________________
Cheers,
Tony

------------------------------------------------------------------------------------------
'07, e92 335i, Sparkling Graphite, Coral Leather, Aluminum, 6-speed
Appreciate 0
      08-21-2015, 05:32 AM   #14
F30lolz
I can haz cheezburger?
F30lolz's Avatar
6799
Rep
3,677
Posts

Drives: 14 Sahara/08 335xi/22 Maverick
Join Date: Apr 2015
Location: Miami, FL/Shelbyville, IN

iTrader: (0)

Garage List
Man I remember when I first started driving back in 1994 gas in upstate NY was $1.25 for 93.
__________________
Quote:
Originally Posted by RaptorKTM View Post
Also our E90 330 and 325 will soon have some sort of boost. So there is actually more of a chance to get more hp out of a 330 then a 335 in my opinion
Appreciate 0
      08-21-2015, 06:30 AM   #15
tony20009
Major General
tony20009's Avatar
United_States
1042
Rep
5,660
Posts

Drives: BMW 335i - Coupe
Join Date: Jun 2009
Location: Washington, DC

iTrader: (0)

Quote:
Originally Posted by F30lolz View Post
Man I remember when I first started driving back in 1994 gas in upstate NY was $1.25 for 93.
Just be glad you missed the rationing and long lines of the Oil Crises in the early and late 1970s. People were nearly apoplectic over 50¢/gallon gas, to say nothing of having to wait in long lines to pay that "astronomically high" price for it.







All the best.
__________________
Cheers,
Tony

------------------------------------------------------------------------------------------
'07, e92 335i, Sparkling Graphite, Coral Leather, Aluminum, 6-speed
Appreciate 0
      08-21-2015, 07:05 AM   #16
F30lolz
I can haz cheezburger?
F30lolz's Avatar
6799
Rep
3,677
Posts

Drives: 14 Sahara/08 335xi/22 Maverick
Join Date: Apr 2015
Location: Miami, FL/Shelbyville, IN

iTrader: (0)

Garage List
Quote:
Originally Posted by tony20009 View Post
Just be glad you missed the rationing and long lines of the Oil Crises in the early and late 1970s. People were nearly apoplectic over 50¢/gallon gas, to say nothing of having to wait in long lines to pay that "astronomically high" price for it.







All the best.
I've heard of these stories. Matter of fact, back in 2011/2012 there was a somewhat gas shortage for a week in my area (1.5 hours north of NYC) where there were lines but not as long as above and gas stations had no gas. Kinda stressful when my daily then was a E39 M5
__________________
Quote:
Originally Posted by RaptorKTM View Post
Also our E90 330 and 325 will soon have some sort of boost. So there is actually more of a chance to get more hp out of a 330 then a 335 in my opinion
Appreciate 0
      08-21-2015, 07:49 AM   #17
tony20009
Major General
tony20009's Avatar
United_States
1042
Rep
5,660
Posts

Drives: BMW 335i - Coupe
Join Date: Jun 2009
Location: Washington, DC

iTrader: (0)

Quote:
Originally Posted by F30lolz View Post
I've heard of these stories. Matter of fact, back in 2011/2012 there was a somewhat gas shortage for a week in my area (1.5 hours north of NYC) where there were lines but not as long as above and gas stations had no gas. Kinda stressful when my daily then was a E39 M5
Did you ever sit in the line only to have the station run out just as you got a car or few away from "your turn?"







IIRC, our 1972 (? -- maybe older or newer by a year, don't recall precisely, but it doesn't matter either way) Buick Electra got about 10 mpg if driven "normally" (don't have a heavy foot lest you'll be in single digits, but I don't think it got so bad that it was measured in gallons per mile...LOL) and a 25 gallon fuel tank.

Interestingly, that car was two feet longer than a current 7 Series, weighed about 400lbs more, and had four inches less legroom in the back seat, but had about five inches more shoulder room in the front and back. I found the last detail funny because it means that as Americans have gotten wider, luxury cars have gotten narrower. LOL

All the best.

P.S./Off Topic:
For folks who like to compare car specs: http://www.automobile-catalog.com/
__________________
Cheers,
Tony

------------------------------------------------------------------------------------------
'07, e92 335i, Sparkling Graphite, Coral Leather, Aluminum, 6-speed
Appreciate 0
      08-21-2015, 08:02 AM   #18
1MOREMOD
-
1MOREMOD's Avatar
United_States
11815
Rep
23,187
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Quote:
Originally Posted by ASBSECU E93 View Post
My diesel(s) also run fine on Diesel...getting 670 miles per tank on my stage II Jetta...

Having a stage II tune and DPF/AdBlue delete on my Touareg today

FWIW - 93 Oct is $2.28 / Gallon here
Didn't know you could do a adblue delete. Does it make the thing smoke like a diesel truck with stacks? Damn 2.28 is cheap!
Appreciate 0
      08-21-2015, 08:02 AM   #19
David70
Colonel
United_States
1567
Rep
2,665
Posts

Drives: 06 Z4M Coupe - 13 Cadillac ATS
Join Date: Apr 2012
Location: Cincinnati, OH

iTrader: (1)

Quote:
Originally Posted by chillindrdude View Post
and yes, we are getting bent over. oil companies/execs making record profits. and they still get subsidies / tax break. f-ing bullshit.
Quote:
Originally Posted by chillindrdude View Post

Crude prices down nearly 60% since this time last year. But profits only down around 40-50%.
Record profits that are only down 40-50%? Not following.
__________________
2006 Z4M Coupe - Stromung exhaust, ZHP knob, stubby antenna, clutch delay delete
Appreciate 0
      08-21-2015, 08:08 AM   #20
ASBSECU E93
Know's a guy that know's a guy...
ASBSECU E93's Avatar
5637
Rep
1,905
Posts

Drives: 2010 335d; 2008 135i
Join Date: Sep 2011
Location: Somewhere over the rainbow

iTrader: (5)

Quote:
Originally Posted by 1MOREMOD View Post
Didn't know you could do a adblue delete. Does it make the thing smoke like a diesel truck with stacks? Damn 2.28 is cheap!
Really not that bad, only when it's cold or when you put the hammer down - been DPF free on the Jetta for a year now...

Leaving the cat and muffler canister on the Treg....but she'll be north of 500 lb ft torque, about 300 hp...sub 6 to 60 SUV
Appreciate 0
      08-21-2015, 08:13 AM   #21
ASBSECU E93
Know's a guy that know's a guy...
ASBSECU E93's Avatar
5637
Rep
1,905
Posts

Drives: 2010 335d; 2008 135i
Join Date: Sep 2011
Location: Somewhere over the rainbow

iTrader: (5)

Quote:
Originally Posted by tony20009 View Post
Just be glad you missed the rationing and long lines of the Oil Crises in the early and late 1970s. People were nearly apoplectic over 50¢/gallon gas, to say nothing of having to wait in long lines to pay that "astronomically high" price for it.
I was a young child at this time and my parents owned a 70 Mach1 Mustang with a 351 Cleveland big block. It was a converted dragster, got maybe 12 mpg....

Funny how some events from your early memories are seared into the brain....
Appreciate 1
      08-21-2015, 08:13 AM   #22
1MOREMOD
-
1MOREMOD's Avatar
United_States
11815
Rep
23,187
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Hmm I have x5d with jbd and make around 300/525. We also have a new sportwagen tdi but haven't tuned it yet.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 04:37 AM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST