Will gas prices ever come back down?
03-11-2008, 10:15 PM
#51
Cody, that example just flew out the window. Instead of buying the new truck you could have bought a hybryd. You would have gotten a tax break and probably paid less for the hybryd. Just in case you have not checked they get close to 50 mpg and run on cheap gas where as your truck runs on diesel which is much more expensive. Anyone that trades in a newer vehicle and has negative equity in it is an idiot. Real world example. I drive about 600 a week for my business. I could drive my Trailblazer and it would cost me roughly 372.00 a month in gas. My truck runs roughly 580.00 a month in gas. A difference of 253.00/month or 3,036.00/year. The trailblazer gets much better mileage and uses cheaper gas. I choose to drive the truck because I enjoy driving it.
Just an FYI Cody: You are paying 24.4 cents/gallon of diesel instead of 18.4 cents/gallon on gas.
Here is a link to what states charge per gallon.
http://www.energy.ca.gov/gasoline/st...tate_2002.html
Just an FYI Cody: You are paying 24.4 cents/gallon of diesel instead of 18.4 cents/gallon on gas.
Here is a link to what states charge per gallon.
http://www.energy.ca.gov/gasoline/st...tate_2002.html
Last edited by quicksilverado; 03-11-2008 at 10:22 PM.
03-11-2008, 11:26 PM
#53
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03-12-2008, 02:36 AM
#54
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Vegas has money to burn.
Diesel has gone way up here lately.
so far the highest i have seen 3.89
while super is around 3.39.
it wont be much longer and diesel will hit the 4.00
mark here close to me.
Diesel has gone way up here lately.
so far the highest i have seen 3.89
while super is around 3.39.
it wont be much longer and diesel will hit the 4.00
mark here close to me.
03-12-2008, 03:04 AM
#55
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I watched an old VHS tape, yes TAPE of a Trucks! episode from '04 I believe. It was the Copperhead payoff, the most memorable part of the test-drive is when he pulls out from a Shell station and 87 octane is 1.78/gallon. I think someone is making money off of this situation, normal inflation and our national dollar value could not possibly make up for that kind of spkie in gasoline prices. It's not just gas either, everything has gone up. Just about everything else that anyone spends a dollar on has gone up HUGE. We all get paid the same and products keep going up big, where is the future because the fog is thick right now.
03-16-2008, 11:51 AM
#56
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Everything else has gone up because of the price of delivering the product. Big rigs paying 3.90 to 4.00 per gallon here in Texas.
03-16-2008, 01:45 PM
#57
Cody, that example just flew out the window. Instead of buying the new truck you could have bought a hybryd. You would have gotten a tax break and probably paid less for the hybryd. Just in case you have not checked they get close to 50 mpg and run on cheap gas where as your truck runs on diesel which is much more expensive. Anyone that trades in a newer vehicle and has negative equity in it is an idiot. Real world example. I drive about 600 a week for my business. I could drive my Trailblazer and it would cost me roughly 372.00 a month in gas. My truck runs roughly 580.00 a month in gas. A difference of 253.00/month or 3,036.00/year. The trailblazer gets much better mileage and uses cheaper gas. I choose to drive the truck because I enjoy driving it.
Just an FYI Cody: You are paying 24.4 cents/gallon of diesel instead of 18.4 cents/gallon on gas.
Here is a link to what states charge per gallon.
http://www.energy.ca.gov/gasoline/st...tate_2002.html
Just an FYI Cody: You are paying 24.4 cents/gallon of diesel instead of 18.4 cents/gallon on gas.
Here is a link to what states charge per gallon.
http://www.energy.ca.gov/gasoline/st...tate_2002.html
03-16-2008, 07:44 PM
#58
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Guys, although oil is being used more and more by india and china and the dollar is weaker then it was previously against the Euro/etc...even though oil is traded in dollars(USD).....remember this.
The last few months, the spike in the price of oil is made by investors. We all know how the housing market went in 2000 through 2006. Guess where all the investors are now investing on a 'get rich quick'. I honestly think the price of gas/etc will fall again. How soon, I don't know. We have plenty of gasoline reserves right now, so there is no reason for the price of oil to be so high.
I'm up here in CT and happened to be sitting down at the Maine seafood restraunt near Windsor CT. The guy who owns the local (small) home heating oil company was in the other night. The local people there that sat in the bar area eating(like myself) were asking him why is home heating oil 3.00+/gal. He said the price started going up in JUNE. Think about that for a minute. JUNE...Conn. doesn't need home heating oil on a regular basis until late October if not November. Anyways, all these people are throwing money that way(oil futures(sp?)) to hopefully 'cash in' on the futures(sp?) on Wall Steet. I honestly hope they crash and burn.
The last few months, the spike in the price of oil is made by investors. We all know how the housing market went in 2000 through 2006. Guess where all the investors are now investing on a 'get rich quick'. I honestly think the price of gas/etc will fall again. How soon, I don't know. We have plenty of gasoline reserves right now, so there is no reason for the price of oil to be so high.
I'm up here in CT and happened to be sitting down at the Maine seafood restraunt near Windsor CT. The guy who owns the local (small) home heating oil company was in the other night. The local people there that sat in the bar area eating(like myself) were asking him why is home heating oil 3.00+/gal. He said the price started going up in JUNE. Think about that for a minute. JUNE...Conn. doesn't need home heating oil on a regular basis until late October if not November. Anyways, all these people are throwing money that way(oil futures(sp?)) to hopefully 'cash in' on the futures(sp?) on Wall Steet. I honestly hope they crash and burn.
