Fuel prices - What's coming out of YOUR wallet?

Oct 17, 2006 41 Replies

In the west we typically use natural gas or propane for winter heat. The propane usually is cheaper than gasoline, but as many have pointed out it all comes from the same well. In San Diego however, they usually turn on the heat when it gets down to 65º. ;^)

Earle

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The part that applies to the current dip in fuel prices:

"It's the flight of the speculators from the current market that has produced the huge price drop, just as it was a flood of cash from speculators that drove oil prices higher than the fundamentals justified to begin with."

-- "I defer to your plainly more vivid memories of topless women with whips....r" R. H. Draney recalls AFU in the Good Old Days.

Speculators, not unlike the recently-collapsed Amaranth.

-- "I defer to your plainly more vivid memories of topless women with whips....r" R. H. Draney recalls AFU in the Good Old Days.

Sure, worldwide oil prices dropped just because the US is having an election... GWB pulled that lever in the Oval Office and at his command all the oil suppling countries... OPEC, Iran, Venezuela, Mexico, Russia, ect, all dropped their oil prices to help the Republican Party in the fall election.

Sorry, but I find that more than just a bit difficult to believe.

Jeff DeWitt

Matt Macchiarolo wrote:

I never mentioned crude oil prices. I was talking about pump prices.

I'm trying I'm TRYING you come tell him, maybe that will get him in gear.

Wow, that sucks! I have a friend in NS, she tells me she is paying .90 a liter these days.

Yup, I do, it's one of the reasons we left the best coast :)

The two are directly related, go to something like Gasbuddy.com and you can pull up a chart showing gas prices and oil prices superimposed on each other, and they track almost perfectly.

That is virtually ALWAYS the case, a big exception was last year after Katrina when gasoline production and distribution was disrupted, gas prices went up much more than oil did but as the damage was repaired prices came back into line.

Jeff DeWitt

Matt Macchiarolo wrote:

We have been paying $2.02 in southern MD for a couple of weeks now. Most of the summer the RAM has been sitting in the yard while the TJ has been getting some exercise along with the motorcycles. I have been averaging

20.2 MPG on the TJ (4.0L) which compared to the RAM is out standing but any thing compared to a RAM is outstanding.

Coasty

You'd have to ask my dealers, I don't buy the stuff, I just sell them for my dealers.

Those prices there are government controlled and regular was $1.25 a liter when we were there. That 'really' hurt and stopped us from doing a bunch of drives we wanted to do.

Mike

"Coasty" wrote

DANG! How the hell do you get 20 mpg in your TJ? Mine gets 17 on a good day with a tail wind.

Kate

He drives slower than you do :-)

Dave Milne, Scotland

Average speed reads 59 mph, but then it is 6:21 AM so the only once on the roads are the drunks slowly and carefully (relatively) feeling their way home...

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