08-20-2015, 09:56 PM | #1 |
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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...
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08-20-2015, 10:08 PM | #2 | |
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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.
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08-20-2015, 10:36 PM | #3 |
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08-20-2015, 10:49 PM | #4 |
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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.
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08-20-2015, 10:57 PM | #5 | |
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08-20-2015, 11:28 PM | #6 |
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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.. |
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08-20-2015, 11:34 PM | #7 |
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summer blend is more expensive to produce then the winter blend too. you will see a 50 cent swing downward by the new year
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08-21-2015, 02:16 AM | #12 |
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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 |
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08-21-2015, 04:28 AM | #13 | |
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All the best.
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08-21-2015, 06:30 AM | #15 | |
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All the best.
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08-21-2015, 07:05 AM | #16 |
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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
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08-21-2015, 07:49 AM | #17 | |
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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/
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08-21-2015, 08:02 AM | #18 |
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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!
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08-21-2015, 08:02 AM | #19 | |
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08-21-2015, 08:08 AM | #20 | |
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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 |
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08-21-2015, 08:13 AM | #21 | |
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