hacker-pschorr

I just took the 81 for a spin around the block - cost me $30

Damn boost

killingmoon65

These days a fuel tank leak can be more costly than a failed timing belt.

JKelly

If you could see the "conspiracy", then you would realize that the rising price of gas (oil) has 2 sides that are working at the same time. One side has nothing to do with the immediate demand, the other side has everything to do with the immediate demand. If there was any "real" competition within the oil industry, then demand should cause the price to go down, which it is not. Those big bad corporations are screwing us now, and will continue to screw us until they no longer have the control to do so. That control will be taken away with the introduction of new technology that will reduce the necessity and dependence on oil. The "new" technology may be new to the average consumer, but it has been developing and growing in the background for decades. The huge rise in oil/gas prices is the result of big bad corporations timing the market's current need relative to its future need. There is no competition in the oil industry, but another form of competition is rising, so now is the TIME for oil companies (oil producing countries) to screw us.
.....and that is exactly what they are doing.

Adding to this Great Conspiracy: Could it be that the war in Iraq has 2 sides (Freedom and Oil)? ......no, we wouldn't believe that our great country and it's honourable leaders would invade another country just for its oil. It's just a coincidence that we invaded an oil rich country at a TIME when our country is at its peak dependence on it .

If a person really wanted be paid back for the money they are currently spending on gasoline, they would research and invest in the technology that will get rid of the dependence upon it. Since it looks like the war in Iraq is lost, that TIME is probably now.

Abby Normal

Let another Hurricane Katrina shut down GOM production and refieries in Louisiana and you'll have to add $2.00 to the price you are paying now.

944 guy

Lol, I'd gladly fill a 928 up for 50 dollars for the rest of my life
We're paying over 8 USD for premium in holland (currently 1.57 euros per liter). I love how some people cringe at 3 dollars per gallon, makes you wonder what will happen with the US when it goes to 4 bucks, I think the US will fall on its ***

Vilhuer

World economy can take double fuel prices or even higher prices as long as increase is slow. Sudden changes cause large problems.

bd0nalds0n

Dude, we pay more for that for a cup of coffee here. People might bitch, but going from $2 to $3 to almost $4 has done nothing to dent consumption...I think even hybrid sales have slowed. $2 to $3 is a 50% increase; $6 to $7 is a 16% increase. It's about the sticker shock.

bd0nalds0n

It's still supply/demand. When the Asian economies went south in the mid- to late- 90s, oil fell to $8 bbl, and the oil companies got killed. People have short memories. Now that the world economy is sizzling, there's capacity/supply constraints and that drives prices up.

There hasn't been a refinery built in the US since the 70s, and how much is consumption up in the meantime?

Additionally, the highest quality, easiest oil to extract has been extracted. It costs more to drill in a mile of ocean than it did to get oil in Jed Clampett's day. Increasing recovery costs are contributors--just like increased copper prices make replacing the plumbing in your house more expensive.

Let me make sure I get this straight: Higher demand should have resulted in some competition and therefore lower prices, but when the alternative sources show up, the reduced demand for oil due to the siphoning off of some users will result in lower prices. So which is it? All roads should lead to lower prices?

Furthermore, "energy intensity" has been falling in the US for three decades. Our economy is actually less reliant on energy than it used to be. It uses a whole lot less energy to run a day spa and steam milk for your latte than it does to run a steel mill. To say that we have never been more dependent on oil--and that such dependence is a primary motivation to make war-- is misleading

http://www.eia.doe.gov/oiaf/economy/images/figure_2.gif

If part of the nefarious motivation to invade Iraq was to ensure a stable and cheap supply of oil, you're giving our leadership credit for having Machievellian aspirations, yet bungling the execution so badly that the reverse (higher oil prices) occurred? So are they sly or stupid?

In 2003, Iraq contributed 5% of production from the middle east. It's lower now. Are you saying we did it to stabilze supply, or that we planned to stay around long enough to keep it?

http://www.eia.doe.gov/emeu/cabs/pgulf.html

If it's so critical for us to secure either the supply or inventory--and we'd invade another country to do it--, why haven't we made a more concerted effort to dominate? Let's face it--we could level the place with our military might from the comfort of an easy chair using a couple pushbuttons--yet our sons and daughters continue to put themselves in harms way to try to give these people another alternative to the traditional two: despotism and extemism.


Several years ago, AT&T was written off as a company you'd want to invest in--twisted copper wire represented all this expensive infrastructure that was so capital intensive that newer companies didn't have--so AT&T had no hope of competing. Same was eventually said about cable companies. But neither industry is run by idiots. AT&T is now about wireless and broadband, as are to some extent the cable companies.

Like it or not, the energy company of today is going to be the energy company of tomorrow, even as the definition changes. And when the cost of alternative sources of energy becomes cheaper than the current source, you'll see transformation faster than you can imagine. The invisible hand of the market at work.

This forum probably isn't the best place to debate some of these concepts. Perhaps I'm naive, but like Anne Frank I tend to believe that people are basically good at heart, that the world has never been a better place to live than today, that people worldwide have never had a higher standard of living--access to water, food, education, art, entertainment, health care in all of time. Yes, there's much to be discouraged about, and work to be done, but better to be born today than 100 years ago, or 1000.

It's a bummer that you feel so disempowered and disenfranchised by the current system that you sit, cynically waiting to cheer for the bastids to get what's coming to 'em. It's American corporations---and the people who work there at all levels--that make America great, despite the efforts of our bumbling politicians to do otherwise.

Kumbaya.

goodspeed928

$3.48.9
Here in Ct.

FotoVeloce

Oh.. how I remember the days when it was that cheap out here...

$3.59 per on yesterday's fillup...

928SS

bravo!!! someone that can see the other side

928SS

"Like it or not, the energy company of today is going to be the energy company of tomorrow, even as the definition changes. And when the cost of alternative sources of energy becomes cheaper than the current source, you'll see transformation faster than you can imagine. The invisible hand of the market at work."

BP is already doing just that. they are an energy company and if that means wind power or growing corn is feasable they'll be involved.

course, the price of fuel has doubled since dubya has been in office - some feel that he/iraq may have something to do w/it. funny thing is - he made most of his millions from a baseball team! ha! and we get more oil from canada than the ME.

I think iraq was just a boondoggle to disrupt the region/influence the oil cartel and as a way to keep the industrial war complex going. in that regard, it's been an overwelming success.

guess you can take a 928'er out of OT, but ya can't take the OT out of the 928'er! hahaha

C.F.

UK fuel price
Maybachman & Rog100
As I'm sure both of you know , the UK uses the Imperial gallon (well it doesn't anymore , but I still think in gallons) & the USA uses the US gallon.
So , at 0.98 per Ltr in the UK = ( Ltrs x 4.54 = Imp. Gallon ) £0.98 x 4.54 = £4.45 per Imp. Gal.
US Gal is 4/5th's of Imp. gal. (16 fluid ounces v 20 fluid ounces per gal.)
So 4/5th's of £4.45 = £3.56 @ $2.00 per £1.00 = $7.12 per US Gal.

So we pay $7.12 here in the UK , so at almost $4.00 I think you guys should think yourselves lucky

ew928

From now on, I want my soda pop, oil and beer in Imperial Gallons, please.

Can remember a few years back when premium fuel was $1.29.
But my dinky Audi 2.2 liter 5-banger still netted only 21ish MPG in my commute.
Not that much better than my 2.20 rear end 928.
I'll take the 928 over the nice Audi sedan, thankyou.

Maybach_Man

Bar of candy is about 50 pence $1