$5 Gas around the corner...

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CraigRT

Lifer
Jun 16, 2000
31,440
5
0
I have been paying between $4.50 - $4.75 per gallon (buck 20 or more per liter) for quite some time now. It sucks, especially when you drive a lot like I do.
 

tboo

Diamond Member
Jun 25, 2000
7,626
1
81
Damn. Almost over $4.00 a gallon by me now. Its going to suck this coming summer.
 

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
Looks like the adjusted forecast this morning is peaking around $4.25 or so. Obama is also looking into releasing some of our reserves...which IMO is stupid since we were selling surplus gas on the world market just a couple of months ago. This isn't a supply problem as much as a speculation problem.
 

khon

Golden Member
Jun 8, 2010
1,318
124
106
Yeah gas prices are going up, and guess what, they will continue to go up.

It has been known for decades that this would happen, surely it cannot come as a surprise to anyone ?
 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
Paid $4.29 for premium yesterday. I didn't think I could fit $50 worth of gas in my Camaro.
 

ImpulsE69

Lifer
Jan 8, 2010
14,946
1,077
126
The problem is prices aren't related to supply and demand. They are artificially inflated by creating a demand, and of course speculators driving the prices up. Get ready for a further economic crash while the oil companies and their paid representatives reap massive profits. We cannot take $5.00/gallon gas for very long (at least not in the US). 2008 will look like the golden years if it happens.
 

Saint Nick

Lifer
Jan 21, 2005
17,722
6
81
$4.02 in Omaha, NE! World is ending. Excuse me while I zip around town on my 100mpg shitty moped.
 

LOL_Wut_Axel

Diamond Member
Mar 26, 2011
4,310
8
81
The Nissan Leaf can be had for $28-30k if you take tax credits into account. But it's still a bit more expensive than the similarly sized Prius ($24-29k) and it lacks some of the convenience you get with a hybrid... such as being able to drive more than ~70 miles without having to plug it in for hours to get it juiced back up.

If the only barrier is cost then the base Mitsubishi iMiEV can be had for $18K after tax credits and with a higher trim level for $20K. Add $1K for the 240V home charging station. In terms of hybrids, the base Prius C can be had for $19K and the Two trim can be had for $20K.

So, as far as very fuel/energy efficient cars go, they're not that expensive anymore.

For people mentioning higher maintenance costs for EVs: you're flat-out wrong. They barely have any mechanical parts. Oil needs to be changed, but only every decade. Batteries need to be changed, but only every 8 years to a decade. Since ICE vehicles have more mechanical parts there's a LOT more than can go wrong.
 
Mar 10, 2005
14,647
2
0
Electric cars are stupid. We need the turbo diesels that Europe gets.

A small commuter car with a turbo diesel could easily get 60 mpg. Our useless gasoline engines that spin loud and slow get half that on a good day.

1 - the uk gallon is 4.546 liters, the us gallon is 3.785 liters.
2- the eu test cycle produces different (but still inaccurate) results from the us test cycle.

turbos are not the answer. a turbo increases the volumetric efficiency of an engine, but the only reason you observe any benefit is because you're using the greater airflow to burn more fuel.

what would have a massive impact would be diesel-powered electric drive, just like locomotives have been for ages.
 

LOL_Wut_Axel

Diamond Member
Mar 26, 2011
4,310
8
81
Electric cars are stupid. We need the turbo diesels that Europe gets.

A small commuter car with a turbo diesel could easily get 60 mpg. Our useless gasoline engines that spin loud and slow get half that on a good day.

Good luck getting those passed through emissions.

Also, good luck offsetting the cost when Diesel is more expensive than Regular (87 octane) gas is. Current Diesel cars in the US cost roughly the same as an EV.

And a UK gallon is not the same as a US gallon.
 
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lozina

Lifer
Sep 10, 2001
11,711
8
81
I offset the damage a little bit by investing free money into gold. Gold and oil have a pretty good price correlation. So as the price of oil goes higher, gold typically goes higher as well so then I can sell it later and any profit goes to offsetting the higher gas prices
 

drebo

Diamond Member
Feb 24, 2006
7,034
1
81
We've leveled out about $4.19 here. There are some more expensive stations, but why would you go to them when you can get cheaper down the road a mile?

It's actually gone down a bit in the last couple days.
 

NutBucket

Lifer
Aug 30, 2000
27,151
635
126
How high will gas need to get before ATOT says 'Screw it, I'm buying a bicycle!'
A bicycle for a 25 mile commute wouldn't work well...taking public transit would at least double my commute time. It would have to be pretty damned expensive to get me out of my car.
 
Mar 10, 2005
14,647
2
0
LOL! I regularly fill over $50 into a WRX with these prices. Do you only pump 9 gallons at a time?

pTRU1-8249128_alternate1_reg.jpg
 

airdata

Diamond Member
Jul 11, 2010
4,987
0
0
How high will gas need to get before ATOT says 'Screw it, I'm buying a bicycle!'

I haven't come up w\ a number yet...

Probably when it costs $50 to fill up my honda civic. I'm only 3-4 miles from the office.
 

khon

Golden Member
Jun 8, 2010
1,318
124
106
We cannot take $5.00/gallon gas for very long (at least not in the US). 2008 will look like the golden years if it happens.

You may be right, but honestly that's a massive failure on your part.

Most of Europe has seen gas prices well above $5 for a long time now (~9$ right now in the Netherlands), and guess what, it has had little to no impact on the economy. Also it has been known for a very long time now that gas prices would increase, so it's not like people didn't see this coming.

If you find yourself in a situation where you cannot cope with something that is both predicted and inevitable, then obviously you're doing something wrong.
 
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OverVolt

Lifer
Aug 31, 2002
14,278
89
91
You may be right, but honestly that's a massive failure on your part.

Most of Europe has seen gas prices well above $5 for a long time now, and guess what, it has had little to no impact on the economy. Also it has been known for a very long time now that gas prices would increase, so it's not like people didn't see this coming.

If you find yourself in a situation where you cannot cope with something that is both predicted and inevitable, then obviously you're doing something wrong.

That is a bit wrong. Their society is much more socialistic. Mass transit is far more viable in the UK, you don't need a car in the UK like you need a car in the USA with our big open terrain, highways, and 30mile commutes. Most of the cost is actually taxes, they pay a similar rate for oil as we do here in the USA. It is to dissuade large cars and it is successful, Euro cars are tiny and mass transit use is high.

The USA is too large and open to do the same thing. We are highly vulnerable to high gas prices. I don't know why we took the low gas taxes and went ahead and bought SUVs to compound the vulnerability but we did it anyway.
 

khon

Golden Member
Jun 8, 2010
1,318
124
106
That is a bit wrong. Their society is much more socialistic. Mass transit is far more viable in the UK, you don't need a car in the UK like you need a car in the USA with our big open terrain, highways, and 30mile commutes. Most of the cost is actually taxes, they pay a similar rate for oil as we do here in the USA. It is to dissuade large cars and it is successful, Euro cars are tiny and mass transit use is high.

The USA is too large and open to do the same thing. We are highly vulnerable to high gas prices. I don't know why we took the low gas taxes and went ahead and bought SUVs to compound the vulnerability but we did it anyway.

I know there are differences between the US and Europe, but ultimately we both have to buy gas from the same global market, and if the US cannot afford to pay the global price, then the US has a big problem.

You can explain all you want why it might be more difficult for the US, but what does it matter when its not optional anyway ? The price is going up, and you have to pay.
 

7window

Golden Member
Nov 12, 2009
1,533
1
0
You may be right, but honestly that's a massive failure on your part.

Most of Europe has seen gas prices well above $5 for a long time now (~9$ right now in the Netherlands), and guess what, it has had little to no impact on the economy. Also it has been known for a very long time now that gas prices would increase, so it's not like people didn't see this coming.

If you find yourself in a situation where you cannot cope with something that is both predicted and inevitable, then obviously you're doing something wrong.

Don't bring Europe in this or cOmpare us to them unless you want us to be like them.