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OPEC deal collapse sparks price war: ‘$20 oil in 2020 is coming’

Kobota

Senior member
Aug 5, 2003
527
11
81
Suv 's still looking great for Americans. Gas guzzler tax the hell out of anything not making 30mpg.
1583698182937.png
add a zero and maybe people will care.
 

DaaQ

Senior member
Dec 8, 2018
260
139
76
Read the article, where did this graph come from and what is it pertaining to?
 

Sinsear

Diamond Member
Jan 13, 2007
6,435
79
91
The current gas guzzler tax on new vehicles. The f150 gets 28 highway, all lower should be punished harsher.

you should actually look up exactly what vehicles fall under the gas guzzler tax. You’ll probably come to realize an extra zero means nothing to the people purchasing them.
 

UNCjigga

Lifer
Dec 12, 2000
22,532
4,700
136
Driving up to DC, Spotsylvania Sheetz just dropped from $2.15 to $1.99/gallon. Fill er up.
 

Greenman

Lifer
Oct 15, 1999
16,655
2,168
126
Good news! That should bring the price down to $3.75 a gallon here in the land of fruits and nuts.
 

BoomerD

No Lifer
Feb 26, 2006
55,457
3,857
126
The current gas guzzler tax on new vehicles. The f150 gets 28 highway, all lower should be punished harsher.
Fuck that shit. We already pay a gas guzzler tax by using more fuel...and paying more taxes.
 

Fenixgoon

Lifer
Jun 30, 2003
27,121
1,898
126
Fuck that shit. We already pay a gas guzzler tax by using more fuel...and paying more taxes.
the gas tax hasnt been adjusted for inflation in almost 3 decades. perhaps it needs to change with the times.


of course no one wants to pay taxes, but who wants to drive on shitty roads and structurally deficient bridges? gotta pay to play, as in most things in life.
 
Nov 8, 2012
17,656
3,414
126
the gas tax hasnt been adjusted for inflation in almost 3 decades. perhaps it needs to change with the times.


of course no one wants to pay taxes, but who wants to drive on shitty roads and structurally deficient bridges? gotta pay to play, as in most things in life.
As someone that actually works in excise tax (particularly with motor fuels that you are referring to)... they ABSOLUTELY should. That means all your hybrids, Tesla's, etc... need to pay their fair share of it as well as it relates to roads, bridges, pothole, etc... maintenance. So, they need to figure out a way to convert the current tax (based on per gallon of gasoline/diesel) into a price per kwH for electircs.

But yes - I'm in full favor of jacking up that federal rate that hasn't been touched in ~20 years.

I mean, in addition to paying for it on the basis of inflation, it should also be adjusted on the basis of fuel efficiency.
 

Greenman

Lifer
Oct 15, 1999
16,655
2,168
126
No, the F150 does not get 28 highway, link to manufacturer proving so.
Looks like 26 is the top of the charts for the 2020 F150. Took nearly seven seconds to find that piece of information.
Add lumber racks, tool boxes, a dump trailer, and you can get that right down around 10 in no time.
 

BUTCH1

Lifer
Jul 15, 2000
19,392
1,058
126
Looks like 26 is the top of the charts for the 2020 F150. Took nearly seven seconds to find that piece of information.
Add lumber racks, tool boxes, a dump trailer, and you can get that right down around 10 in no time.
Correct, and that 26 in basic V6 trim, how many opt for that?, no one around here. Most are glorified grocery-getters anymore it seems. Not that I give a shit, drive what you want but anyone claiming pickups are Eco-freindly are laughable.
 

dawp

Lifer
Jul 2, 2005
10,312
1,527
126
it may help in the short term but in the long run, not so much after the price goes back up and then some.

it adds to to the volatility in the market and I doubt anyone really wants a more unstable market.
 

GodisanAtheist

Platinum Member
Nov 16, 2006
2,542
1,029
136
Its another Russian plot:

Drive down gas so low that alt fuel sources, shale oil collapse, smaller OPEC countries collapse. Americans buy a bunch of humungo big cars.

Tighten the sprigot and now you've really got everyone by the balls.

Also nukes, so its not like freedom can ride in and liberate the gas.

...
...
...

Only kinda sarcasm.
 

Meghan54

Diamond Member
Oct 18, 2009
9,484
2,293
136
Its another Russian plot:

Drive down gas so low that alt fuel sources, shale oil collapse, smaller OPEC countries collapse. Americans buy a bunch of humungo big cars.

Tighten the sprigot and now you've really got everyone by the balls.

Also nukes, so its not like freedom can ride in and liberate the gas.

...
...
...

Only kinda sarcasm.

I read an article stating just that......that Russia declined at the last moment to rejoin the rest of OPEC in keeping caps on production....and maybe drop the cap even more.

It speculated the real reason Russia back out of the agreement was the same as when SA started its price war a decade ago....to drive the U.S. shale oil production out of business. Didn't work last time, won't this time.

That was the speculation....I'll try to locate the article today.
 
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cytg111

Lifer
Mar 17, 2008
14,358
4,627
136
Just checked my ride ... its ~70mpg ... how the hell you buy anything "newish" today that does 22 or less?
 

dawp

Lifer
Jul 2, 2005
10,312
1,527
126
Just checked my ride ... its ~70mpg ... how the hell you buy anything "newish" today that does 22 or less?
big ass trucks and suvs

I just hope people don't start buying large vehicles with the drop in gas prices as this is temporary the the prices will go up.
 
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