Gah... time for a gas prices thread I guess - DFWstangs Forums
 
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post #1 of 16 (permalink) Old 10-08-2010, 12:52 AM Thread Starter
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Gah... time for a gas prices thread I guess

i have read through pages and pages of this forum and I have found that every so often a gas prices thread arises. Well here's mine.

from what I have read, it seems to me that the price of gasoline should be lower than what it currently is. speculation is causing some kind of artificial inflation of the price. Do I have that part right? if so, do any of yall foresee something happening that will cause this to stop, and the prices to fall down to where they should be? Just curious i guess. i drive a toyota 4 banger most of the time that gets around 35 mpg (city, its a yaris 4 door) so its really not a huge concern of mine.

though it would be nice to have an extra $25 in my pocket every week.
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post #2 of 16 (permalink) Old 10-08-2010, 01:19 AM
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awd astro pulling a weekend worth of ATV's and gear gets 12mpg!

20% drop in gas prices would put $100 a month in my pocket pretty easily
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post #3 of 16 (permalink) Old 10-08-2010, 05:21 AM
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Up until the last Fed statement you had a nice 4.5% rise in the dollar index which kept a cap on oil prices. Since the Fed statement you've had a 4.9% decline in the index.

Blame speculation all you want but follow the dollar index. Index up, oil prices down, index down, oil prices up.

My guess is we'll see $90/bbl for oil before we see $60/bbl for oil.

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post #4 of 16 (permalink) Old 10-08-2010, 06:17 AM
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Any economic recovery will increase the price of fuel. Id rather pay high fuel prices and everyone have a job than cheap gas and high unemployment. As time goes on the price of fuel will increase might as well get ready for it.

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post #5 of 16 (permalink) Old 10-08-2010, 06:29 AM
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Originally Posted by Ylw 98~~SNAKE~~ View Post
Any economic recovery will increase the price of fuel. Id rather pay high fuel prices and everyone have a job than cheap gas and high unemployment. As time goes on the price of fuel will increase might as well get ready for it.
At least another year of pain. Maybe two.

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post #6 of 16 (permalink) Old 10-08-2010, 06:31 AM
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At least another year of pain. Maybe two.
agreed which is why Im saving my $$$$

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post #7 of 16 (permalink) Old 10-08-2010, 06:50 AM
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agreed which is why Im saving my $$$$
We flattened out this year and actually had a little increase from 2009 but still a little down from 2008. I'm banking on a flat 2011 from this year. We had some clients start to ramp up earlier this year but they've pulled back in the last half of the year and are resetting for a potential recovery in the last half of 2011. Typically we're dead the last 1/2 of December but it looks like I'll be able to take off for Thanksgiving and not really work again until the New Year.

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post #8 of 16 (permalink) Old 10-08-2010, 08:50 AM
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I'm glad my shit runs on e85. It's 1.89 a gallon out by me. I'm curious to to what the increase in e85 will be when gas goes up?

Our government needs our help, they have an addiction. Our government is addicted to our money. Since they always have our best interest at heart it's time we return the favor. We need to have an intervention, for the governments own good of course. It's just irresponsible for us to let people with a known money addiction continue to handle our money. Lets have an intervention now so we can help these sick individuals.
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post #9 of 16 (permalink) Old 10-08-2010, 09:11 AM
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as long as the dollar keeps falling, the price of gas will increase. so saving money will not help, you need to turn that money into gold if you want to hedge against the weakening dollar and increasing gas prices.

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post #10 of 16 (permalink) Old 10-08-2010, 10:00 AM
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I'm glad my shit runs on e85. It's 1.89 a gallon out by me. I'm curious to to what the increase in e85 will be when gas goes up?
It's also 30-40% less efficient than gasoline, which puts it right back up to pump gas prices, buuuut atleast you're getting about 100 octane out of it.

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post #11 of 16 (permalink) Old 10-08-2010, 10:13 AM
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Quote:
Originally Posted by 01WhiteCobra View Post
Up until the last Fed statement you had a nice 4.5% rise in the dollar index which kept a cap on oil prices. Since the Fed statement you've had a 4.9% decline in the index.

Blame speculation all you want but follow the dollar index. Index up, oil prices down, index down, oil prices up.

My guess is we'll see $90/bbl for oil before we see $60/bbl for oil.
Welcome back, stingy poster :P

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post #12 of 16 (permalink) Old 10-08-2010, 10:50 AM Thread Starter
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as long as the dollar keeps falling, the price of gas will increase. so saving money will not help, you need to turn that money into gold if you want to hedge against the weakening dollar and increasing gas prices.
is that your face behind the helmet in that picture? (in sig)
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post #13 of 16 (permalink) Old 10-08-2010, 10:59 AM
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It's also 30-40% less efficient than gasoline, which puts it right back up to pump gas prices, buuuut atleast you're getting about 100 octane out of it.
Kinda what I was thinking 1.89 + 35% = 2.55 and I saw gas this morning for 2.51 at wally world.

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post #14 of 16 (permalink) Old 10-08-2010, 11:45 AM
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is that your face behind the helmet in that picture? (in sig)
nope, I dont know who that is

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post #15 of 16 (permalink) Old 10-08-2010, 01:04 PM
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It's also 30-40% less efficient than gasoline, which puts it right back up to pump gas prices, buuuut atleast you're getting about 100 octane out of it.
My car only makes 600 on pump gas but with e85 I get a little over 800. I haven't even ran a tank of 93 octane through my car. I love the corn! You're right though it doesn't last long, I prob get 10mpg on a good day driving downhill.

Our government needs our help, they have an addiction. Our government is addicted to our money. Since they always have our best interest at heart it's time we return the favor. We need to have an intervention, for the governments own good of course. It's just irresponsible for us to let people with a known money addiction continue to handle our money. Lets have an intervention now so we can help these sick individuals.
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post #16 of 16 (permalink) Old 10-08-2010, 07:05 PM
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Originally Posted by aceman85turbo View Post
awd astro pulling a weekend worth of ATV's and gear gets 12mpg!

20% drop in gas prices would put $100 a month in my pocket pretty easily
Shit, my POS Jeep with a sbc pulling my boat got 14 miles a gallon today going about 60, I was actually happy. Kick it to 70, and it gets about 10 though.

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