General Discussion Off-Topic Discussion and Enlightenment

How low will it go?

Thread Tools
 
Search this Thread
 
Old 12-01-2008, 05:48 PM
  #51  
0.0 BAR
 
J-SMITH69's Avatar
 
Join Date: Dec 2002
Posts: 0
Default Re: How low will it go?

Originally Posted by rawr
Have anything to back that up? I get the no one is driving any more or any less as prices were just way overspeculated by retarded traders, but I'm not quite understanding the companies doing less good transportation. That would effect the demand for diesel and k1 more than anything, wouldn't it?
oil is oil.

gasoline is made from oil

speculation is a problem too. but most of it is supply and demand. no one seems to want to talk about oil prices now that prices are low, corresponding with demand
J-SMITH69 is offline  
Old 12-01-2008, 05:59 PM
  #52  
0.0 BAR
 
jinxy's Avatar
 
Join Date: Feb 2005
Posts: 0
Default Re: How low will it go?

Oil is oil but gasoline is gasoline, diesel is diesel and kerosene is kerosene. If there was a high demand for kerosene and diesel then there would be a surplus of gasoline according to your theory unless a majority of the gasoline was being cracked to make kerosene, but that's not the case. Heavier oils that can be used in diesel are more often than not cracked to be used as gasoline. Kerosene and lighter hydrocarbons aren't usually cracked because so much of the oil is wasted when methane and other gaseous hydrocarbons are produced. So, where's the proof that moving goods is the majority of the demand for fuel?


I think speculation was most of the problem. There were a lot of traders heavily leveraging their investments in oil when they got a taste of the price per barrel starting to rise. A lot of guys who got into the market with dollar signs in their eyes and and retarded creditors backing them up, bid the price up far higher than it was actually worth. I really don't think its from moving goods.


jinxy is offline  
Old 12-01-2008, 06:15 PM
  #53  
3.0 BAR
 
CspecRun's Avatar
 
Join Date: Dec 2006
Posts: 1,505
Default Re: How low will it go?

Originally Posted by GhostOfDr.Boost
What kind of car do you drive that's so fun to cruise around in?
A turbocharged one, of course. I understand N/A Mike, though. I enjoy cruising around sometimes myself, and my son never even as much as whimpers when we're riding around. When gas was up $3.50-$4.00 I did cut down on that ---- a good bit. I might would get out and just ride (I'm talkin' 30-40 miles TOPS) once or twice a week. I could afford to do it a lil more now, but I don't for the most parts. I made adjustments back then, and I've just stuck to it....Being the winter season probaly has alot to do with it as well. And yeah, gas has gone down, but everything else is going up. A gallon of milk cost me like $5 and some change yesterday(that was from a gas station, probaly could've got it cheaper from the grocery store). And yes, Dr. Boost, you're right, the company I work for looks to profit greatly from the production of ethanol. It just seems like a good deal for agricultural industry here in this country, instead of just the rich arabs and oil tycoons in this country profitting from the demand for fuel...
CspecRun is offline  
Old 12-01-2008, 07:31 PM
  #54  
1.0 BAR
 
GhostOfDr.Boost's Avatar
 
Join Date: May 2005
Posts: 340
Default Re: How low will it go?

Originally Posted by random-strike
the price of gas has nothing to do with cars.

it has everything to do with all the transportation needs for goods.

no one is driving any more or any less. companies are just moving less goods. if everyone drove metros we'd still use nearly as much gas
Talk to the owners of gas stations. They will tell you they haven't been selling NEARLY as much as they were a year ago. The local stations in town have nothing to do with commercial traffic. People are driving quite a bit less around here so I assume it would be the same way in most other places.
GhostOfDr.Boost is offline  
Old 12-01-2008, 07:33 PM
  #55  
0.5 BAR
 
Big Pipe's Avatar
 
Join Date: Oct 2007
Posts: 96
Default Re: How low will it go?

in st. louis its dropped all the way to $1.33 at some places. thanxgiving weekend it jumped to about $1.60
Big Pipe is offline  
Old 12-01-2008, 08:33 PM
  #56  
0.5 BAR
 
supernewb's Avatar
 
Join Date: Sep 2008
Posts: 118
Default Re: How low will it go?

Originally Posted by CoreyR
no not half. but converting a car to run on ethanol? how practical is that. incase you havent noticed not every car in the world has an OBD1 conversion with a p28 and crome that they can just load up an ethanol based map for. how many companys/model cars actually have the ability to run on ethanol fuels? not many i bet. ethanol is not the answer.

i want a car that runs on urine.
the japanese made a phone you **** on to charge it
if i was not drunk i would post a link
if you don't believe me do what everyone else does to find **** google it
supernewb is offline  
Old 12-02-2008, 12:03 AM
  #57  
0.5 BAR
 
ryandeeznutz503's Avatar
 
Join Date: Dec 2005
Posts: 176
Default Re: How low will it go?

I don't know how reliable source this is.. but someone linked this to me.


http://www.youtube.com/watch?v=sZKU9uXPNqI
ryandeeznutz503 is offline  
Old 12-02-2008, 04:13 AM
  #58  
0.0 BAR
 
Bone1's Avatar
 
Join Date: Jan 2005
Posts: 0
Default Re: How low will it go?

look into fuel contracts

Southwest Airlines did it right.

Also, look at the way diesel is "cracked" in the USA, we are using the less effeicent way as compared to Europe.

Bone1 is offline  
Old 12-10-2008, 01:03 AM
  #59  
0.5 BAR
 
hatchkid91's Avatar
 
Join Date: Aug 2008
Posts: 86
Default Re: How low will it go?

1.25 i give it 4 months be for it start to rise again
hatchkid91 is offline  
Old 12-10-2008, 01:16 AM
  #60  
0.0 BAR
 
CXyD's Avatar
 
Join Date: Dec 2005
Location: Casper Wyo.
Posts: 0
Default Re: How low will it go?

Paying $1.43 for premium in Casper Wyo.
I'm filling all my vehicles up b/c I usually start seeing prices going up at the beginningm of the year.
CXyD is offline  


Quick Reply: How low will it go?



All times are GMT -5. The time now is 03:46 AM.