Gas Prices

Biodiesel is become a more popular alternative over the last few years. I seen a show on Spike TV where some guy showed how to make it. Now if I only could remember where he got the equipment from, I know he got the oil from a fast food place :lol:

 

Most of the increase in oil prices was due to price speculators driving the prices up based on anticipating shortfall in supplies in the future due to global conflicts as well as natural disasters (hurricanes etc) and heavy demand during the summer driving season. Now that most of those conditions have not affected the supplies of crude oil, the price speculators have gotten out of the market and the price will go back down to more reasonable levels that are more closely tied to supply and demand and more accurately reflect the cost of production/ distribution.

 

The lowest gas price I have ver seen the past few years was, 18.4 cents per liter at around February 5, 2005. It lasted couple hours and cause a long traffic jam that made its way all the way into the 401.

 

Almost $2, but not quite there yet.

But taken into consideration the high level of living costs in Norway compared to the rest of the world it's not nearly as bad as it sounds.

 

$3.29 per gallon here in nor cali for regular

 

To revive this thread...

I just made some calculations about gasoline prices here in Finland. 95 octane (regular here) average price was 1,353€/litre. Now, how much is that in $ per gallon?
Checking currency exchange: 1 € is about $1,3615.
Now, 1 gallon (US) is 3,7854118 litres.
So, that makes our average 'regular' gasoline price as $ per gallon as high as $6,97. Pricey, eh?

 

Prices have now come down in my area to about $2.68 per gallon.

 

wow notmi $ 7 bucks a gallon ...yipes!!...here in nor cali its about 3.20 a gallon ..when i was a kid in taegu korea px gas was 10 cents a gallon but as my dad pointed out there was no plce to go...our ford wagon was hauled there on a rr flatcar from seoul ..

 

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Peak oil is happening this year , guys you are witnessing an historical occurence ..

The death of cheap gasoline

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I've heard it all before. The same dire precictions were made in the 70s when the first invented "energy crisis" occurred.

 

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peak oil as been around since the club of rome report and follows the work of m. k. hubbert a top geologist at Shell petroleum

the hirsch report was prepared prepared for the U.S. department of energy
here is a short version
http://www.acus.org/docs/051007-Hirsch_ ... uction.pdf

In a speech to the International Petroleum Institute in London in late1999, Dick Cheney, then chairman of the world's largest oil services company, Halliburton, presented the picture of world oil supply and demand to industry insiders.
http://www.peakoil.net/Publications/Che ... il_FCD.pdf

the closest thing to official figures is coming from the international energy agency an U.N. body who collect oil official statistics , go check it and make your own mind

http://omrpublic.iea.org/

It's not even controversial , and it's common knowledge


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Last week we were paying $2.76 a gallon.
Yesterday, on my way home it had jumped to $3.19.9 a gallon.
So much for our 'break' from high gas-prices.

Tim

 

Petrol/diesel

Two years ago I got rid of my car........I've never been so well off for years, No tax, No insurance,No repair bills, No MOT, no fuel price rises....
free bus pass, bus by the house to town every 15 minutes, No "What the **** is that noise" worries.... GREAT!

 

Merlin:
Yeah, but how do you pick-up women without a "flashy" car?!


Tim

 

Stuff a banana down the front of your underpants!

works for me!

 

david - that must be why all your girlfriends look like monkeys...


On holiday in Lincolnshire I was horrified to find that petrol was 99.9p per litre. In Luton it is usually around 95.9p - even as low as 93p if you're really lucky.

Oh, and while in Lincolnshire I visited Boston, New York, and Gibralter. Man, that was a busy afternoon's travelling!

 

Ricky.

Not all, only most!

Boston I had heard of, the others, no.

 

it's under $1 now