Journey with Confidence RV GPS App RV Trip Planner RV LIFE Campground Reviews RV Maintenance Take a Speed Test Free 7 Day Trial ×
RV Trip Planning Discussions

Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > iRV2.com General Discussion
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 06-22-2012, 11:44 AM   #71
Senior Member
 
RedneckExpress's Avatar
 
Vintage RV Owners Club
Join Date: Jul 2006
Location: Sauvie Island, OR
Posts: 2,596
Quote:
Originally Posted by DBOL

I hope you have no retirement funds with Oil Co. in them,cause you are getting hurt if you do! HA!
I have at the moment no retirement funds at all as that's still a very long ways away, and until the energy price problems are solved I also have trouble feeling any sorrow for those who might be getting bent over by oil futures dropping.
__________________
'92 Dodge W250 "Dually" Power Wagon
'74
KIT 1106 Kamper Slide-in Truck Camper
'06 Heartland Bighorn 3400RL Fifth wheel
Follow along with me in the The Journey of
RedneckExpress is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 06-22-2012, 11:54 AM   #72
Senior Member
 
Steve N Sal's Avatar
 
Newmar Owners Club
Workhorse Chassis Owner
Join Date: Oct 2007
Location: Michigan
Posts: 5,692
The daughter is in Tennesse and texted me that gas was $2.94/gal. Now that's not bad.
__________________
Steve & Sally / Hudson Our Little Pom / Heidi, Houston & HiTee Forever in our Hearts
04 NEWMAR MACA 3778 W22 / 05 PT Vert
Michigan (Summer) Michigan (Winter For Now)
Steve N Sal is offline   Reply With Quote
Old 06-22-2012, 01:08 PM   #73
Senior Member
 
SPICoaster's Avatar
 
Thor Owners Club
Texas Boomers Club
Ford Super Duty Owner
Join Date: Apr 2011
Location: Temple, Texas
Posts: 289
Unleaded $2.91 in Port Isabel Texas
__________________
Cheers from Central Texas
SPICoaster - 2008 Holiday Rambler Alumascape Suite 5th Wheel
SPICoaster is offline   Reply With Quote
Old 06-23-2012, 04:51 AM   #74
Senior Member
 
Vintage RV Owners Club
Join Date: Aug 2009
Location: Central Florida
Posts: 671
Quote:
Originally Posted by RedneckExpress View Post
and until the energy price problems are solved I also have trouble feeling any sorrow for those who might be getting bent over by oil futures dropping.

Many of those "getting bent over" by the dropping oil futures are retirement funds.... Most of the mutual fund companies invest in "big oil" just as they do many companies... So when big oil takes a hit, so does many peoples retirement funds. It really is a two edged sword ...
__________________
92' Holiday Rambler 1000
The wife, me and two furry kids
If you have it, a truck brought it.
blackf3504dr is offline   Reply With Quote
Old 06-23-2012, 08:01 AM   #75
Senior Member
 
Thor Owners Club
Join Date: Jun 2011
Posts: 2,893
A barrell of oil is at around $80. Ever wonder why gas/diesel is still thru the roof?
Fred1609 is offline   Reply With Quote
Old 06-23-2012, 08:08 AM   #76
Senior Member
 
Martino78's Avatar
 
Join Date: Apr 2012
Posts: 210
Quote:
Originally Posted by Fred1609
A barrell of oil is at around $80. Ever wonder why gas/diesel is still thru the roof?
It's a thing called Gouging. I hate it! I find it funny that when oil drops like this it takes months for the price at the pump to change but if a leader in the middle east farts or a hurricane is forecasted in the gulf prices at the pump change instantly!!! These oil companies make billions of dollars in profit from screwing the consumer.
Martino78 is offline   Reply With Quote
Old 06-23-2012, 10:19 AM   #77
Senior Member
 
Thor Owners Club
Join Date: Aug 2010
Location: Delaware
Posts: 614
Quote:
Originally Posted by Fred1609 View Post
A barrell of oil is at around $80. Ever wonder why gas/diesel is still thru the roof?
Think about it -- at 42 gallons to the barrel, $80 per barrel = $1.90 per gallon, just for the raw crude feedstock to a refinery. Add in refining costs and profits, distribution and marketing costs and profits, and federal and state excise taxes (plus other taxes in some areas) averaging 50-55 cents/gallon, it's not that hard to get to the current average prices of $3.43 for regular gasoline, $3.73 for diesel.

Believe it or not, over time, retail pump prices really do follow crude oil prices, though the difference varies with market conditions in the short-term, and tends to grow in the long-term, as refining and distribution/marketing costs rise. For explanations, you could start here.
Crabby Mike is offline   Reply With Quote
Old 06-23-2012, 10:24 AM   #78
Senior Member
 
bcbrowne's Avatar
 
Monaco Owners Club
Join Date: Jun 2011
Location: Bloomsdale Missouri
Posts: 122
diesel

Just paid $3.24 a gallon for diesel south of Stlouis Mo.
bcbrowne is offline   Reply With Quote
Old 06-23-2012, 10:59 AM   #79
Senior Member
 
87Rockwood's Avatar
 
Vintage RV Owners Club
Join Date: Apr 2012
Location: Lyons, GA
Posts: 769
Quote:
Originally Posted by Crabby Mike View Post
Think about it -- at 42 gallons to the barrel, $80 per barrel = $1.90 per gallon, just for the raw crude feedstock to a refinery. Add in refining costs and profits, distribution and marketing costs and profits, and federal and state excise taxes (plus other taxes in some areas) averaging 50-55 cents/gallon, it's not that hard to get to the current average prices of $3.43 for regular gasoline, $3.73 for diesel.

Believe it or not, over time, retail pump prices really do follow crude oil prices, though the difference varies with market conditions in the short-term, and tends to grow in the long-term, as refining and distribution/marketing costs rise. For explanations, you could start here.
While true do not think for one minute that gasoline is the only product to come out of that gallon of crude. Kerosine/tar/heating oil/gasoline/and many others.
87Rockwood is offline   Reply With Quote
Old 06-23-2012, 12:23 PM   #80
SRT
Senior Member
 
SRT's Avatar
 
Monaco Owners Club
Join Date: May 2003
Location: Head of the Lakes, Minnesota
Posts: 575
Up here the price of gasoline went up 5-10¢ a gallon while the price of oil dropped to $82 a barrel. Now it is $78 per barrel and gasoline just dropped a penny.
__________________
FMCA# 266040 HRRVC# 84109
2000 32' HR Vacationer w/Banks
'98 Subaru Outback 5 spd toad
SRT is offline   Reply With Quote
Old 06-23-2012, 12:56 PM   #81
Senior Member
 
Thor Owners Club
Join Date: Aug 2010
Location: Delaware
Posts: 614
Quote:
Originally Posted by 87Rockwood View Post
While true do not think for one minute that gasoline is the only product to come out of that gallon of crude. Kerosine/tar/heating oil/gasoline/and many others.
Right, but gasoline is one of the most profitable. If you do all the math, a gallon of crude oil makes a little more than a gallon of products (due to refinery gain -- breaking heavy crude molecules down to lighter products) -- but that means half a gallon or so of gasoline, a quarter-gallon of diesel fuel, etc. You don't get a whole gallon of gasoline PLUS the other products, but rather a partial gallon of each.

Full disclaimer -- I'm a retired energy economist by trade, having worked for both the oil industry (early in my career) and the government. You don't have to believe me about fuel prices -- there's plenty of good info on the web, on the EIA site (U.S. Energy Information Administration (EIA)) and others.
Crabby Mike is offline   Reply With Quote
Old 06-23-2012, 01:03 PM   #82
Senior Member
 
bcbrowne's Avatar
 
Monaco Owners Club
Join Date: Jun 2011
Location: Bloomsdale Missouri
Posts: 122
this is the breakdown of the processing a barrel of crude oil. Gasoline 19.3 Distillate Fuel Oil (Inc. Home Heating and Diesel Fuel) 9.83 Kerosene Type Jet Fuel 4.24 Residual Fuel Oil 2.10 Petroleum Coke 2.10 Liquified Refinery Gases 1.89 Still Gas 1.81 Asphalt and Road Oil 1.13 Petrochemical Feed Supplies 0.97 Lubricants 0.46 Kerosene 0.21 Waxes 0.04 Aviation Fuel 0.04 Other Products 0.34 Processing Gain 2.47
bcbrowne is offline   Reply With Quote
Old 06-23-2012, 01:07 PM   #83
Senior Member
 
Join Date: May 2012
Location: White City, Oregon
Posts: 240
Quote:
Originally Posted by SPICoaster View Post
Unleaded $2.91 in Port Isabel Texas
God don't I wish for here in Southern Oregon. That said, UnLd'ed has dropped 50 cents per gallon in just the past week. That said, we're still 50% higher than your number .....

BUMMER!

fae
fredaevans is offline   Reply With Quote
Old 06-23-2012, 01:12 PM   #84
Senior Member
 
Ramblin's Avatar
 
National RV Owners Club
Workhorse Chassis Owner
Ford Super Duty Owner
Carolina Campers
Join Date: Aug 2011
Posts: 2,266
Quote:
Originally Posted by Fred1609 View Post
A barrell of oil is at around $80. Ever wonder why gas/diesel is still thru the roof?
Because raw material cost is not the most significant factor in price at the pump?
__________________
2002 National Dolphin LX 6356
Workhorse W-22 chassis
Don't believe everything you think.
Ramblin is offline   Reply With Quote
Reply

Tags
fuel



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Featured Campgrounds

Reviews provided by


All times are GMT -6. The time now is 05:07 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.