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Are the ultra high gas prices hurting you?

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Old 01-07.-2008, 08:31 PM   #91
limerickman
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Default Re: Are the ultra high gas prices hurting you?

Crude prices are skirting $143 pb.

Painful.
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morelike hypocrisy.
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Old 02-07.-2008, 05:27 AM   #92
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Default Re: Are the ultra high gas prices hurting you?

Quote:
Originally Posted by limerickman
Crude prices are skirting $143 pb.

Painful.
Just for the record, the increase in fuel prices have hurt everyone to an extent. Even the Amish are being hurt, even though they don't drive cars. The price of feeding a horse had doubled from around $1000/year to $2000/year due to feed corn being used for ethanol. The Amish use a lot of propane and it is much higher too. Anything that has to be transported is higher due to higher deisel fuel prices. I don't think that there is anyone who is not effected by fuel price increases, except maybe some of the Amazon Indian Tribes that have not been contacted yet.
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Old 03-07.-2008, 08:37 PM   #93
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Default Re: Are the ultra high gas prices hurting you?

I wonder what will happen this winter, when demand increases for heating requirements.
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Old 03-07.-2008, 08:56 PM   #94
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Default Re: Are the ultra high gas prices hurting you?

$146 per barrel this morning.
According to the Financial Times.

Pain all round folks.

Better get back to carving out me wooden toothbrush!
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morelike hypocrisy.
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Old 03-07.-2008, 08:59 PM   #95
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Default Re: Are the ultra high gas prices hurting you?

Quote:
Originally Posted by Powerful Pete
I wonder what will happen this winter, when demand increases for heating requirements.


Oddly PP - the price of oil used actually fall coming in to winter.

Oil prices traditional increased during spring/summer because of the US driving season and for the demand for energy for airconditioning in summer.
Demand was always higher from May-August.

Maybe the nature and profile of demand has changed with the introduction of China/India economies and the more traditional demand measurements have become obsolete.
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morelike hypocrisy.
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Old 03-07.-2008, 09:22 PM   #96
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Default Re: Are the ultra high gas prices hurting you?

Quote:
Originally Posted by kdelong
Just for the record, the increase in fuel prices have hurt everyone to an extent. Even the Amish are being hurt, even though they don't drive cars. The price of feeding a horse had doubled from around $1000/year to $2000/year due to feed corn being used for ethanol. The Amish use a lot of propane and it is much higher too. Anything that has to be transported is higher due to higher deisel fuel prices. I don't think that there is anyone who is not effected by fuel price increases, except maybe some of the Amazon Indian Tribes that have not been contacted yet.


Agreed KD :
Practically every price that you can think of is determined by the oil price.
From the cost of raw materials which have oil their component part, to transportation costs (fuel to get product to market) through to the fule that you put in your car to get you to the market to the finished product that contained the oil-based raw material : everything cost is determined by the oil price.

There is one thing nagging away at me when I look at the oil price though.
I was just about old enough to remember 1973/74 oil shock.
I remember sitting in my fathers car as we had to queue at the station to by petrol (gasolene).
Back then - supply was the problem.
These days supply doesn't seem to be a problem.
Even with India/China on board, there are no long queues outside petrol stations.
Supply appears to be fine.
Food for thought.
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morelike hypocrisy.
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Old 03-07.-2008, 10:02 PM   #97
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Default Re: Are the ultra high gas prices hurting you?

Quote:
Originally Posted by limerickman
Oddly PP - the price of oil used actually fall coming in to winter.

Oil prices traditional increased during spring/summer because of the US driving season and for the demand for energy for airconditioning in summer.
Demand was always higher from May-August.

Maybe the nature and profile of demand has changed with the introduction of China/India economies and the more traditional demand measurements have become obsolete.
Didn't realise that. All I know is that most of our heating is courtesy of Algerian methane, but for whatever reason that goes up every winter... and the price never seems to go down in the summer...
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Old 10-07.-2008, 02:54 AM   #98
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Default Re: Are the ultra high gas prices hurting you?

Anyone know how to drive one of these things?


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Old 10-07.-2008, 09:22 PM   #99
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Default Re: Are the ultra high gas prices hurting you?

Why worry? Just ride more! I noticed a major difference since I have begun commuting to work and I only touch my car on the weekend...
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Old 11-07.-2008, 01:56 AM   #100
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Default Re: Are the ultra high gas prices hurting you?

I didn't read all 7 pages of this, so excuse the odd redundancy......

I'm fairly convinced that the old supply/demand explanation for the current mega-spike in oil prices is only a small part of the total picture and that greed and speculation have a LOT more to do with it than they're letting on.
I think this may be part of a 'plan' to get the general public to a point where they start to think of US $ 3.00/gal. as 'cheap'..........
(Adjust price for other locations worldwide, still works the same)

Comparing prices between countries is tricky, because the infrastructures are so different.
In Europe, cars are for the most part luxury toy status symbols and not essential to daily life, at least not for the majority.
Distances tend to be manageably short, cities tend to be designed for people (not cars) and public transport systems tend to be extremly dense and well developed.
In North America, distances are vast and everything is designed around the automobile, from the way roads and whole cities are laid out to the size of packaging of whatever. Cars are a daily necessity for many people.
In many parts of Africa or Asia, only the richest 5% or so of people can even afford a car, which gives the whole issue a totally different face altogether.

Personally, I bike, skate or walk most places, use my car only when I have no other reasonable choice and, oh by the way, cold weather riding is just a question of having the right equipment.........
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