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09-25-2011, 09:22 AM
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#15
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Senior Member
iRV2 No Limits Club
Join Date: May 2011
Location: Tempe, AZ
Posts: 1,833
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Quote:
Originally Posted by Elkhartjim
You are referring to the oil traders, right?
Oil is a commodity traded each business day just like gold, silver, pork bellies, etc. Actually, its the buyer that sets the price not the seller. Bid vs ask price.
Now if anyone wants to really get on a price kick-I recently read that ink for our inkjet printers cost $5400.00 per gallon.
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You mean YOUR inkjet printers. You couldn't give me one of those ink thirsty, jam prone pieces of...junk.
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09-25-2011, 09:36 AM
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#16
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Senior Member
Workhorse Chassis Owner
Join Date: Nov 2003
Location: Mesa, AZ USA
Posts: 1,806
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Why is it that any discussion of gas prices causes so many to turn their brains off?
__________________
Wretched excess is just barely enough.
2002 Itasca Suncruiser - WH Chassis - 35U - 2006 Jeep Liberty
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09-25-2011, 09:38 AM
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#17
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Senior Member
Join Date: Aug 2011
Posts: 693
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Jim
Ink could cost $5400 a gallon as you state but I would guess i would never purchase more then 1 gallon in my lifetime at work printing reports weekly for my job.
I do however need to drive to work and even with my 4 cly. daily driver @ 30 plus MPG it still uses about 18 gallons per week. So I do not think ink is such a bad deal when 1 gallon ink will last a lifetime for most people.
Anyway if you make your living as an oil trader or have family that do, then I am happy for you . I however am still unhappy for myself and everyone else that is paying too much at the pump.
__________________
GRV We love to Roam
2013 Georgetown
2022 ENTEGRA - EMBLEM - 36T
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09-25-2011, 09:53 AM
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#18
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Senior Member
National RV Owners Club Workhorse Chassis Owner Ford Super Duty Owner Carolina Campers
Join Date: Aug 2011
Posts: 2,266
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Oil prices are heavily influenced by production, and production is controlled by cartels who seek to keep per-barrel prices as high as possible without causing consumer revolt in the form of alternative energy and fuel efficiency. Even so, worldwide demand continues to rise, so limiting supply is a great way to keep prices high.
Prices start to fall? Turn back the spigot to reduce supply till they rise again. Prices high enough to cause complaints? Turn the spigot up a bit till prices fall back into the zone.
Even if we Americans continue along the path of fuel efficiency and alternative energy, the rest of the world is still going to demand more and more oil. The cartels are in a golden position as long as demand doesn't outstrip their ability to produce.
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09-25-2011, 10:16 AM
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#19
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Senior Member
Join Date: Feb 2011
Posts: 514
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Gas sells for 6-8 dollars a gallon in England. $13.00 a gallon in Norway Iam sure EU is way ahead of us in price. They laugh at us when we complain about U.S. gas prices. Of course those prices reflect taxes that there governments add to the price of oil.
Be aware those prices may be coming to a theater near you !! Watch for it cause its coming..That will put me off the road for sure. Think I'll use the moho to store my lawn tools in
__________________
Don and Maxine McQueen
1996 Damon Intruder
F53 Chassis 33 ft
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09-25-2011, 03:10 PM
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#20
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Senior Member
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,854
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Quote:
Originally Posted by melvonnar
Last time oil was $80 dollars a barrel; gas was $1.50 a gallon
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How can that be? There are 42 gallons in a barrel of oil. $1.50/gallon x 42 gallons = $63 per barrel of gasoline recovered at $1.50/gallon, not even allowing for taxes, refining and distribution costs, profits, etc.
I believe you're thinking of when oil fell to almost $30/bbl during the 2008-2009 recession. It's nowhere near that level today.
Rusty
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09-25-2011, 03:37 PM
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#21
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Senior Member
Newmar Owners Club
Join Date: Apr 2010
Posts: 460
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Quote:
Originally Posted by melvonnar
Last time oil was $80 dollars a barrel; gas was $1.50 a gallon
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Last time gasoline was $1.50/gallon the US Dollar was worth about $.75, now it's worth about $.35.
My 2 cents worth is now worth about 4 pesos.
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09-25-2011, 03:55 PM
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#22
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Senior Member
Join Date: Nov 2009
Posts: 1,365
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Quote:
Originally Posted by Bill Adams
I will be happily filling up our van with $2.999 fuel later this morning. I guess the oil company's plans to get us used to high prices is working as I am pretty dang thrilled to be paying less than $3/gallon for a change.
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Where are you buying gas for $2.99? We are still around $4.00 here in So Cal
__________________
2021 Trail Runner 211rd 25'
2015 GMC Canyon
Mark & Carole Big Bear, Ca. RVM 54
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09-25-2011, 04:15 PM
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#23
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Senior Member
Vintage RV Owners Club
Join Date: May 2011
Location: Port Hadlock, Washington
Posts: 2,855
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Quote:
Originally Posted by RustyJC
How can that be? There are 42 gallons in a barrel of oil. $1.50/gallon x 42 gallons = $63 per barrel of gasoline recovered at $1.50/gallon, not even allowing for taxes, refining and distribution costs, profits, etc.
I believe you're thinking of when oil fell to almost $30/bbl during the 2008-2009 recession. It's nowhere near that level today.
Rusty
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I was thinking the same thing...
And...
Is oil $80.00 a barrel NOW????
Francesca, really confused by the O.P.'s Original Post.......
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09-26-2011, 05:30 AM
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#24
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Senior Member
Solo Rvers Club iRV2 No Limits Club
Join Date: Feb 2011
Location: Yuma County, AZ
Posts: 10,869
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Quote:
Originally Posted by Bill Adams
I will be happily filling up our van with $2.999 fuel later this morning. I guess the oil company's plans to get us used to high prices is working as I am pretty dang thrilled to be paying less than $3/gallon for a change.
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Where is gas $2.999? I paid $3.669 for my last tank and feel lucky to have found that! Most of the gas in Longview, WA was $3.979 last time I went to town on Friday.
__________________
Barb (RVM18) with Morkies Lily & Bebe RIP Sena FMCA#F466348
"Homer" ‘11 Shasta Cynara, pulling "Ranger" '97 Ford Ranger toad
The Journey is Our Destination. Full-timer May 2011 - July 2021
[SIGPIC][/SIGPIC]
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09-26-2011, 06:09 AM
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#25
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Senior Member
Newmar Owners Club Spartan Chassis
Join Date: Nov 2010
Location: Grapevine, TX
Posts: 1,056
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Quote:
Originally Posted by okmunky
Where is gas $2.999? I paid $3.669 for my last tank and feel lucky to have found that! Most of the gas in Longview, WA was $3.979 last time I went to town on Friday.
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Ours isn't 2.99, but regular unleaded is selling for $3.09 a gal here in the Dallas/Ft. Worth area.
__________________
Mike
2021 Coachmen Spirit 2557RB
2018 Ford F-150 3.5L Ecoboost w/Max Tow, Eaz-Lift R3 hitch
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09-26-2011, 06:15 AM
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#26
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Senior Member
Newmar Owners Club Texas Boomers Club Freightliner Owners Club
Join Date: Jul 2008
Location: Don't mess with Texas
Posts: 3,118
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Quote:
Originally Posted by mikelm48
Ours isn't 2.99, but regular unleaded is selling for $3.09 a gal here in the Dallas/Ft. Worth area.
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Yep! Same here in the Houston area and as it should be...we produce it and refine it here.
Now if we can get that pipeline from Canada to Port Arthur, TX, we'll really be cooking or should I say "refining".
__________________
Jim with Judy
2017 Newmar Ventana 4369, 2005 Jeep Wrangler (Rock Crawler), 2016 Jeep Wrangler (Mall Crawler)
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09-26-2011, 06:16 AM
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#27
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Senior Member
Monaco Owners Club
Join Date: Apr 2009
Location: haliburton ontario canada
Posts: 234
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What is diesel a gallon selling for in Texas? Will be heading to Brownsville November.
Thanks
Rebel
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09-26-2011, 06:35 AM
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#28
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Senior Member
Newmar Owners Club Texas Boomers Club Freightliner Owners Club
Join Date: Jul 2008
Location: Don't mess with Texas
Posts: 3,118
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Quote:
Originally Posted by rebelone
What is diesel a gallon selling for in Texas? Will be heading to Brownsville November.
Thanks
Rebel
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In the $3.50's except at the Flying J's, Pilots, etc where its still in the high $3.60's to $3.70's.
I saw a Murphy's yesterday in the Houston area with access for my 38ft with toad for $3.51. Flying J $3.74.
__________________
Jim with Judy
2017 Newmar Ventana 4369, 2005 Jeep Wrangler (Rock Crawler), 2016 Jeep Wrangler (Mall Crawler)
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