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What's your gasoline costing?

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14.59DKK/L 😛
So that is ~9.64 $/gallon.

But we bought a house close to my work (400m), so I walk to work and shopping is just another 400m, so we only have one car. Which my wife uses, she has ~20km to work.
 
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Still about 10 cents a kWh…

Only gas we’ve bought in months is for the emergency generator. Think I paid about $3 per gallon then. Most stations seem around 3.50 for reg, $4 for premium now.
 
Red Squirrel said:
Yeah it's crazy. We really get gouged here and always have. What's infuriating is that we have more than enough production to be self sustaining so worldly events should not even affect us but yet it does. Lot of corruption and overall bad policy decision making is involved.
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Gouged ? You just don't understand how the price is set. It's an international market.Sould look that up.
I filled'er up yesterday in Toronto @ 1.75/L. Price may go to $ 2 this week. The large increases over this month are tough for hand to mouth consumers but to me it's a small price to pay to help frustrate Pukin and, by keeping unnecessary verhicles off the road , cleans the air of carbon pollution.
 
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Hard to believe that less than two years ago that oil went to zero....then actually went negative. Yet gasoline remained over $1.00! 🙁

They should have paid me to fill up!!!

Then later I found out some pesky kids in the UK made $650,000,000 shorting OIL and were partially responsible for making it go negative:


 
BoomerD said:
Time to drag this back out...

aeh.jpg
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Two of those companies no longer exist and 76 is a front for the House of Saud.
 
deustroop said:
Gouged ? You just don't understand how the price is set. It's an international market.Sould look that up.
I filled'er up yesterday in Toronto @ 1.75/L. Price may go to $ 2 this week. The large increases over this month are tough for hand to mouth consumers but to me it's a small price to pay to help frustrate Pukin and, by keeping unnecessary verhicles off the road , cleans the air of carbon pollution.
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Russia's oil isn't banned... yet. They are talking about $150 oil if that happens (currently at $115).
 
Around $4.10 here in central MA. I think it was $3.40 the last time I filled up about two weeks ago.

My average cost is $50/month (my work commute is 10 miles, and I don't do much besides grocery shopping on the weekend), so it's not a big deal for me.
 
I paid 4.25 yesterday.. I was not happy. I got gas at Fred Meyer a while back and they had a sticker on the pumps that showed the taxes. Apparently 68 cents per gallon or something...
 
Oil company execs oligarchs are wanting some quick cash so they can purchase all the mega-yachts that Russian Oligarchs are trying to unload before they are seized.

Locally, nothing over $4 (yet). We will be using my diesel more, as even with diesel about 30¢ higher, 50 MPG goes a long way.
 
K1052 said:
They're having trouble finding takers for the cargos. At least a few million bpd sitting on the sidelines now.
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Unintended consequences. 🙁 Our legislators are really nuts for advocating for a full ban on Russian oil and gas. If oil was cheap and inflation tame, then it would be okay. In the current environment, it would spark a recession.

On NBC Nightly News yesterday, they interviewed a few folks at the pump and people said they'd be willing to pay a little more if it meant Russia was taking a financial hit. The problem is it's not just the direct hit from gas prices that consumers DO care about.* But all consumer goods have to be transported from port to the point of sale, so inflation is likely to get hotter soon.

* $4/gallon has always been this mythical psychological barrier in the U.S. where the news will find endless numbers of people complaining about empty wallets. But the all-time record from 2008 would be approx. $5.47 when adjusted for inflation.
 
manly said:
Unintended consequences. 🙁 Our legislators are really nuts for advocating for a full ban on Russian oil and gas. If oil was cheap and inflation tame, then it would be okay. In the current environment, it would spark a recession.
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I can't possibly give a fuck about this. walking more and taking PT seems preposterously convenient compared to Ukrainians worrying about getting shelled by Russians.
 
manly said:
Unintended consequences. 🙁 Our legislators are really nuts for advocating for a full ban on Russian oil and gas. If oil was cheap and inflation tame, then it would be okay. In the current environment, it would spark a recession.

On NBC Nightly News yesterday, they interviewed a few folks at the pump and people said they'd be willing to pay a little more if it meant Russia was taking a financial hit. The problem is it's not just the direct hit from gas prices that consumers DO care about.* But all consumer goods have to be transported from port to the point of sale, so inflation is likely to get hotter soon.

* $4/gallon has always been this mythical psychological barrier in the U.S. where the news will find endless numbers of people complaining about empty wallets. But the all-time record from 2008 would be approx. $5.47 when adjusted for inflation.
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I think in this case the reason for higher energy costs matters a lot in public perception. With the media full of images of Russia shelling civilians there is a sense that these are costs the west is largely willing to bear as essentially a wartime condition. A lot of people were complaining about higher fuel costs before now largely as a result of tighter financial discipline on the part of US shale drillers constraining production in the name of greater profitability but they were not making that connection. This is a lot more straightforward.

The administration is clearly moving to loosen supply from Venezuela and Iran which would help some. US drillers are sitting on tons of exploitable leases but exercising fiscal discipline with how much they expand so as not to be caught in a glut. One thing I really do think is that the valley of low cost fuel we saw from 2014 till COVID isn't likely to return. So once again MPG is going to actually matter to buyers big and small. I expect the move into electrification to substantially accelerate as a result.
 
deustroop said:
Gouged ? You just don't understand how the price is set. It's an international market.Sould look that up.
I filled'er up yesterday in Toronto @ 1.75/L. Price may go to $ 2 this week. The large increases over this month are tough for hand to mouth consumers but to me it's a small price to pay to help frustrate Pukin and, by keeping unnecessary verhicles off the road , cleans the air of carbon pollution.
Click to expand...

I have a general understanding of it but my point is it should not work that way at all. We have enough oil here, we should be building our own refineries and making our own fossil fuel and not relying on the global market at all.

Another way to look at it, if you have solar power and hydro raises their rates, then you should not be affected since you're not on hydro. We should break away from the global market and become self sufficient the same way someone on solar would be self sufficient from the power grid.

One GOOD thing that might come out of this though is it might light a fire under auto makers to start taking EVs more seriously.
 
brianmanahan said:
i was gonna get rid of my tiny cramped honda and get a subaru with a little more room

but now i think i'll keep this uncomfortable 37-mpg-getting thing for another 10 years
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The really insane thing is that mine is currently worth almost exactly what I paid for it 3.5 years ago!

Still I'm thinking the same as you... I'm driving that puppy till the wheels fall off!
 
biostud said:
14.59DKK/L 😛
So that is ~9.64 $/gallon.

But we bought a house close to my work (400m), so I walk to work and shopping is just another 400m, so we only have one car. Which my wife uses, she has ~20km to work.
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Didn't know ATOT has a Dane roaming here, love ur country can't wait to visit again.
 
Red Squirrel said:
I have a general understanding of it but my point is it should not work that way at all. We have enough oil here, we should be building our own refineries and making our own fossil fuel and not relying on the global market at all.

Another way to look at it, if you have solar power and hydro raises their rates, then you should not be affected since you're not on hydro. We should break away from the global market and become self sufficient the same way someone on solar would be self sufficient from the power grid.

One GOOD thing that might come out of this though is it might light a fire under auto makers to start taking EVs more seriously.
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They all already jumped on board one way or the other. But there's only so much speed a company can do. Sometimes, it is real world testing that can then address issues, with fires being one of the major ones.

Generally, the self sufficiency argument falls flat.

Russia might have to operate self-sufficiently for the foreseeable future.
 
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