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Oil Prices - AGAIN

billfred

billfred

New member
Ok - I am trying to get a feel for just how much this is impacting everyones life.

For me, I am still driving the same cars and planning the same summer vacations but that may just be because of my profession and region. Anyone else??

I was in Houston the other day and they have a contra-flow lane used only for public transport and people with 2 or more people in the car. The freeways were completely backed up with stop and go traffic and the contra-flow was empty.

I was thinking - damn how high to prices have to go before we change our driving habbits??
 
i just put my brand new duramax up for sale yesterday. had it three months but traveling at least 90 miles a day and 4.50 a gallon is rediculous and i won't do it.
 
I live in the boonies so it's always been a big deal to get anything done so I'm used to planning errands back to back but now I play with the challenge to see if how much I can do for the us personally with my work related travel.

There hasn't been any change in our lives other than discussion as to how bad things could get.
 
velvett said:
I live in the boonies so it's always been a big deal to get anything done so I'm used to planning errands back to back but now I play with the challenge to see if how much I can do for the us personally with my work related travel.

There hasn't been any change in our lives other than discussion as to how bad things could get.
Click to expand...

I was just looking at the futures market and the price of oil is above $135 all the way through 2016. Is that really our future??
 
billfred said:
I was just looking at the futures market and the price of oil is above $135 all the way through 2016. Is that really our future??
Click to expand...

Probably. We should expand our drilling now and stock up on reserves while using the rest of the world's supply. It may cost more at the pump but we can't control that now anyway.
 
billfred said:
Ok - I am trying to get a feel for just how much this is impacting everyones life.

For me, I am still driving the same cars and planning the same summer vacations but that may just be because of my profession and region. Anyone else??

I was in Houston the other day and they have a contra-flow lane used only for public transport and people with 2 or more people in the car. The freeways were completely backed up with stop and go traffic and the contra-flow was empty.

I was thinking - damn how high to prices have to go before we change our driving habbits??
Click to expand...

People always bitch - but rarely does it go past that (think EF x10000000). Freeways were still packed this morning.

People just spend less on beer, cigs, weed and expensive wines, dinners and dates. Oil prices will have to pry those steering wheels from their cold dead hands.

r
 
For me, my motorcycle has become my main mode of transportation. My car gets drivin once or twice a week at most. And thats only if Im golfing or going to the driving range.

I spend maybe $15 a week in gas on my motorcycle. but I also get the benefit of not having to sit in LA traffic.

I have to by 91 octane gas... But I actually still spend less on gas now that when I was buying the cheap stuff for my car a year ago.
 
It isn't like people can just decide not to drive. Remember urban flight? People live in subdivisions and rural areas. They have to drive. It isn't that their complaining is empty.
 
It won't be long and electric cars will be common place. Even the hydrogen generation equipment can be retro fitted to older cars. Necessity is the mother of invention.
 
Well the rest of y'all must be rich :rolleyes:

1. My husband drives a company vehicle. We no longer run the vast majority of errands together that we used to, now he makes detours on his way home and picks up the groceries, pet food, etc.

2. We were planning to install a new furnace in two years but we are desperate for more efficiency so we had to push that up to this year (we have to do the oil tank this year by necessity but I didn't want to have to do the two at the same time). I can't afford to fill the oil tank more than once when it's going to be costing nearly $1,400 a pop to do it. Kept the house at 50 last year, that was real fun.

3. Since the increase in prices has impacted all other utilities, we've cut back in every way possible in the house to try to reduce those bills.

4. We took the two rows of seats out of our minivan, figure that's gotta save at least 150 pounds.

5. We're not changing vacations so much, but we have cut back, dramatically, on our pleasure driving, not taking the long way home, etc. We do plan on going to places where we can avoid driving once we get there.
 
heatherrae said:
It isn't like people can just decide not to drive. Remember urban flight? People live in subdivisions and rural areas. They have to drive. It isn't that their complaining is empty.
Click to expand...

You can car-pool. That was my point about the Houston freeway. If you carpooled with one more person you get access to the fast lane yet even that is too much of an inconvenience for people.
 
BNG said:
It won't be long and electric cars will be common place. Even the hydrogen generation equipment can be retro fitted to older cars. Necessity is the mother of invention.
Click to expand...

Yeah - wait until you see how much it cost to fill those up.
 
Well, I've put my husband's beloved truck up for sale.

tried to trade it in and no dealer will give us anything remotely reasonable, not even carmax.

probably will trade it in if we cant sell it within 3-4 months. Paying 180 a week in gas right now, it just keeps going up.

that shows you right there that people are not buying these trucks anymore.

he has to have a truck of some sort. but at least we will try and get a regular cab stick shift to save gas. he still feels like he needs 4 wheel drive. uuuugh. I cant get him to relent on that.

I started grocery shopping on a budget ; and Im really careful how i drive my car - it has 350 hp but it has a fuel saver mode where I can get 25-30 mpg if i watch it and not gun it or drive fast.

There is no possible way we can drive any less. There is no public transportation in KC and we have to get to work. I drive to work, tanning on my lunch break and grocery store on sundays. thats it. we hang out with friends that live nearby. lol.

vacations. well, we are staycationing this year except a vegas trip. Not because of gas but because 2007's emergency fund was drained :worried:

Im going to quit tanning next. lol!
 
cindylou said:
Well, I've put my husband's beloved truck up for sale.

tried to trade it in and no dealer will give us anything remotely reasonable, not even carmax.

probably will trade it in if we cant sell it within 3-4 months. Paying 180 a week in gas right now, it just keeps going up.

that shows you right there that people are not buying these trucks anymore.

he has to have a truck of some sort. but at least we will try and get a regular cab stick shift to save gas. he still feels like he needs 4 wheel drive. uuuugh. I cant get him to relent on that.

I started grocery shopping on a budget ; and Im really careful how i drive my car - it has 350 hp but it has a fuel saver mode where I can get 25-30 mpg if i watch it and not gun it or drive fast.

There is no possible way we can drive any less. There is no public transportation in KC and we have to get to work. I drive to work, tanning on my lunch break and grocery store on sundays. thats it. we hang out with friends that live nearby. lol.

vacations. well, we are staycationing this year except a vegas trip. Not because of gas but because 2007's emergency fund was drained :worried:

Im going to quit tanning next. lol!
Click to expand...

That is funny about the 4X4 - in general they are used about 5% of the time but are a must have. I think it is like an extension of the penis thing.
 
musclemom said:
2. We were planning to install a new furnace in two years but we are desperate for more efficiency so we had to push that up to this year (we have to do the oil tank this year by necessity but I didn't want to have to do the two at the same time). I can't afford to fill the oil tank more than once when it's going to be costing nearly $1,400 a pop to do it. Kept the house at 50 last year, that was real fun.
Click to expand...

We did that 2-3 years ago and switched the hot water heater to oil from LP and the chance in efficiency had been huge not to mention the pleasure of dropping the gas company that would penalize you for not using x amount of gas per month/year.

You also need to make sure your home is properly insulated and check all your windows and doors for wear and leaks.
 
Here is something that is starting to become worrisome - refineries are still only running at 87% capacity even though we are coming up on peak driving / demand season.

Is this because that is all the bbls they can access or do they just not want to process bbls at these prices/margins??
 
billfred said:
Here is something that is starting to become worrisome - refineries are still only running at 87% capacity even though we are coming up on peak driving / demand season.

Is this because that is all the bbls they can access or do they just not want to process bbls at these prices/margins??
Click to expand...

I'm sure if you call your local refinery - you can get a mega complex answer to that.

Refineries never run at 100%. There are numerous technical reasons, beyond the scope of most EFers (including this nancy).

r
 
Razorguns said:
I'm sure if you call your local refinery - you can get a mega complex answer to that.

Refineries never run at 100%. There are numerous technical reasons, beyond the scope of most EFers (including this nancy).

r
Click to expand...

yeah but they usually run about 95% this time of year.
 
I'm selling my GMC. :bawling: Just to be safe. Prices could get way higher. Sooner or later its going to affect the entire economy.
 
pin said:
I'm selling my GMC. :bawling: Just to be safe. Prices could get way higher. Sooner or later its going to affect the entire economy.
Click to expand...
That's what I'm sweating over, the knowledge that this isn't a temporary situation, that there is no hope in hell of this getting better. I'm looking at expenses and I'm just getting physically ill.

My husband's son comes off child support next year. I was really looking forward to having a little extra cash and actually being able to put money in his pension again, but at this rate that extra $163 a week is just going right the fuck into the oil and gas tanks and that pisses me the fuck off and frustrates me to no end.
 
musclemom said:
That's what I'm sweating over, the knowledge that this isn't a temporary situation, that there is no hope in hell of this getting better. I'm looking at expenses and I'm just getting physically ill.

My husband's son comes off child support next year. I was really looking forward to having a little extra cash and actually being able to put money in his pension again, but at this rate that extra $163 a week is just going right the fuck into the oil and gas tanks and that pisses me the fuck off and frustrates me to no end.
Click to expand...

Don't worry - Hilary and Oboma both want to re-instate a windfall profit tax on oil companies. That will certainly encourage more drilling and fix the problem.
 
I drive less by planning my errands, I got a little more than half a tank of gas for $30.00 yesterday($4.09/gallon)
Round steak went from $2.99 to $3.59 in the last month. :(
 
billfred said:
Don't worry - Hilary and Oboma both want to re-instate a windfall profit tax on oil companies. That will certainly encourage more drilling and fix the problem.
Click to expand...
IMHO the only thing that would really fix the problem is to stop trading petroleum as a commodity.

Let's be realistic, WallStreet is as much to blame as petroleum conglomerates and the UAE.
 
musclemom said:
IMHO the only thing that would really fix the problem is to stop trading petroleum as a commodity.

Let's be realistic, WallStreet is as much to blame as petroleum conglomerates and the UAE.
Click to expand...

Well - that was kind-of what I am digging at there with the refinery capacity. What if we really are at peak oil and that is it???? What are we going to do when the politicians can't point at the oil traders anymore?
 
billfred said:
That is funny about the 4X4 - in general they are used about 5% of the time but are a must have. I think it is like an extension of the penis thing.
Click to expand...


yep. I've already told him that and it didnt put a dent in his pride. he still wants it. If there was anything I could say to him I would. We never use the 4x4 except when it snows and even then he wont use it so he can slip and slide all over the place.

children. :rolleyes:
 
billfred said:
Well - that was kind-of what I am digging at there with the refinery capacity. What if we really are at peak oil and that is it???? What are we going to do when the politicians can't point at the oil traders anymore?
Click to expand...
The government will step in sooner or later, there's no choice. And I think they have to put the brakes on it soon, I honestly think the point of no return, economically (for America) is somewhere between $6 and $10 a gallon. I just don't see how the economy can handle much beyond that. Europe can handle it, they have the infrastructure and the transportation systems. It will cream us.
 
musclemom said:
The government will step in sooner or later, there's no choice. And I think they have to put the brakes on it soon, I honestly think the point of no return, economically (for America) is somewhere between $6 and $10 a gallon. I just don't see how the economy can handle much beyond that. Europe can handle it, they have the infrastructure and the transportation systems. It will cream us.
Click to expand...

How is the government going to control the price of a world commodity that we do not own??? I mean, I think they need to get something done but we have to be practical on what that is.
 
musclemom said:
The government will step in sooner or later, there's no choice. And I think they have to put the brakes on it soon, I honestly think the point of no return, economically (for America) is somewhere between $6 and $10 a gallon. I just don't see how the economy can handle much beyond that. Europe can handle it, they have the infrastructure and the transportation systems. It will cream us.
Click to expand...

The North American Union baby. Better start learnin Mexican. :mexican:
 
billfred said:
How is the government going to control the price of a world commodity that we do not own??? I mean, I think they need to get something done but we have to be practical on what that is.
Click to expand...
Unfortunately, I don't think it's possible or practical either unless there is some sort of organized action on the parts of multiple governments. And frankly America has been such a shithead to so many countries that nobody is going to do shit that might benefit us.

I'm trying to decide if it's going to turn into a world wide MadMax sort of thing with countries going to war for oil or what, actually. We can't run a war without petroleum, though. And eventually running a war takes back seat to heating your family's home and growing and harvesting crops. So my money is on rationing. And it won't be like what they did in the 70s, it will be quantity based like it was during WWII. Whether you have a 2 hour commute to work will be utterly irrelevant. Personal vehicles will get lowest priority. Highest priority will be to utilities and agriculture. Everything else will fall somewhere in the middle. I don't know what they're going to do about home heating oil.
 
musclemom said:
Unfortunately, I don't think it's possible or practical either unless there is some sort of organized action on the parts of multiple governments. And frankly America has been such a shithead to so many countries that nobody is going to do shit that might benefit us.

I'm trying to decide if it's going to turn into a world wide MadMax sort of thing with countries going to war for oil or what, actually. We can't run a war without petroleum, though. And eventually running a war takes back seat to heating your family's home and growing and harvesting crops. So my money is on rationing. And it won't be like what they did in the 70s, it will be quantity based like it was during WWII. Whether you have a 2 hour commute to work will be utterly irrelevant. Personal vehicles will get lowest priority. Highest priority will be to utilities and agriculture. Everything else will fall somewhere in the middle. I don't know what they're going to do about home heating oil.
Click to expand...

I did a thread a while back on a Mathew Simmons lecture I went to. That was his point exactly and he has had meetings with heads of state and the pentagon on that very subect. He said, if we don't do something now, we the next world war will be over oil.

His premise to this is the Middle East does not have any more oil and nobody will believe them so they will just go take over the country as opposed to figuring out an alternative.

See Bush's meeting with SA last week as a prelude to all this.
 
billfred said:
I did a thread a while back on a Mathew Simmons lecture I went to. That was his point exactly and he has had meetings with heads of state and the pentagon on that very subect. He said, if we don't do something now, we the next world war will be over oil.

His premise to this is the Middle East does not have any more oil and nobody will believe them so they will just go take over the country as opposed to figuring out an alternative.

See Bush's meeting with SA last week as a prelude to all this.
Click to expand...
I remember that thread. Can't comment on Bush's meeting one way or the other, don't know anything about it and I have no respect for that talking head.

The fact of life is the oil in the world, like any of it's other resources, is limited. It will be used up some day. Just like potable water. If people do not figure out what the fuck to do before it reaches "critical mass" then we probably will blow each other up out of sheer frustration, which is sad. There's plenty of energy out there, it's just a matter of thinking outside the box. Humans are so locked into the whole combustion engine mentality they can't think of something that goes without making something blow up somewhere, though.
 
Can't stop laughing at all these stupid soccer moms driving their kids at school with a useless Chevy Suburban lol Yeah bitches, you're so cool and your pockets must be so deep lol

So far it had little impact on my life. I drive less 12 miles everyday and with the Yaris we get around 35mpg. We keep the TT for our weekends....
 
Short term solution would be to announce new drillings in Alaska. That alone would make the price drop.
 
pin said:
if it did work i know that shit would gel up in subzero weather. and i ain't goin nowhere.
Click to expand...

I know. You spend hours being a chemist, then 4 months later - your lines are clogged.

r
 
billfred said:
That is funny about the 4X4 - in general they are used about 5% of the time but are a must have. I think it is like an extension of the penis thing.
Click to expand...
fuck that
maybe for you texans but try living in the midwest
a car is worthless without 4 wheel
 
Bino said:
fuck that
maybe for you texans but try living in the midwest
a car is worthless without 4 wheel
Click to expand...

Total bs - 4x4 will help you in mud but does very little for you in the snow on highways. Remember - Texas is big enough where part of it really is in the Midwest.
 
billfred said:
Total bs - 4x4 will help you in mud but does very little for you in the snow on highways. Remember - Texas is big enough where part of it really is in the Midwest.
Click to expand...
but there isn't real midwest climates. also 4 x 4 don't do shit on ice or for stopping. most of my friends who have a 4 x 4 use it for messing around in mud. there are rere occasions in the winter where they mey need it.
 
Peter_North said:
but there isn't real midwest climates. also 4 x 4 don't do shit on ice or for stopping. most of my friends who have a 4 x 4 use it for messing around in mud. there are rere occasions in the winter where they mey need it.
Click to expand...

I hear you on the ice. 4X4 may get you up to speed faster but won't do shit for you slowing down. Really a front wheel drive is all you need for most snow on roads.

As far as climate - I will put Amarrillo Tx climates up against most. It is a cold and WINDY mofo come Jan and Feb and they get plenty of snow as well.
 
billfred said:
Total bs - 4x4 will help you in mud but does very little for you in the snow on highways. Remember - Texas is big enough where part of it really is in the Midwest.
Click to expand...
+1

My husband lived in Canada for a few years, he got around in a VW Beetle, the old kind that had rear wheel drive, a lawnmower engine and basically no heat.

Foul weather driving is about the driver's skills, not the power of the vehicle.
 
I don't think the "trickle down" effect of high oil prices has fully been materialized. Let it get a little higher and wait a few months. Then try this thread again.
 
There could be possible good things from all this such as massive engineering/manufacturing of grand scale to convert to other modes of transportation and other needs. That could result in 100's of thousands of jobs and revitalize the US mfg. base.

That's about as optimistic as I plan on getting today.
 
rsnoble-im-back said:
There could be possible good things from all this such as massive engineering/manufacturing of grand scale to convert to other modes of transportation and other needs. That could result in 100's of thousands of jobs and revitalize the US mfg. base.

That's about as optimistic as I plan on getting today.
Click to expand...

And then we could stop complaining about all the jobs we outsourced because the armpit countries like Mexico are now stuck with huge plants that produce items that we will no longer need. LOL, yes going out on a limb there.
 
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