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5 dollar gas...are we ready?

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Re: 5 dollar gas...are we ready?

I'd be more curious to see the split based on GDP rather than population. See who squeezes the most money out of each barrel they use.
 
Re: 5 dollar gas...are we ready?

This is how I approach it as well. I don't try and play the gas price game. You're going to wind up winning and losing unless you really know how to game the system. But then again, you'd be spending so much time on it that the cost savings just wouldn't be worth it.

I only look for two right turns when I need gas. :)
 
Re: 5 dollar gas...are we ready?

Why do you think that frivolous usage of oil by US consumers does not affect the world market? The US uses 22% of the world's oil production (despite having 4% of the world's population), and 70% of our usage is in transportation, so the single largest user of oil in the world (by far) is the US automobile driver.
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yada yada yada. Isn't US consumption down? So why are prices going up? Middle East and Hurricanes not soccer moms
 
Re: 5 dollar gas...are we ready?

the highest we saw in our drive across the country $4.82 in Idaho. diesel. most were in the $4.25 - $4.50 range.
 
Re: 5 dollar gas...are we ready?

Typically not worth it for me to worry about price shopping. Maximum amount of gas I will take is between 15-16 gallons, 93 octane. I usually get 20-25 mpg. So even if I find a station that is $0.05 cheaper than another, it would need to be less than 4-5 miles further, otherwise I'm not saving. I'll take convenience over saving up to $1.00.

That said, I am glad that I'm now paying ~$.25 less per gallon now down in Florida. * New York and their stupid taxes.
 
Re: 5 dollar gas...are we ready?

Typically not worth it for me to worry about price shopping. Maximum amount of gas I will take is between 15-16 gallons, 93 octane. I usually get 20-25 mpg. So even if I find a station that is $0.05 cheaper than another, it would need to be less than 4-5 miles further, otherwise I'm not saving. I'll take convenience over saving up to $1.00.

That said, I am glad that I'm now paying ~$.25 less per gallon now down in Florida. * New York and their stupid taxes.

Sadly, with the hills and all, it was actually cheaper for me to go to Bennington to get gas around the time I graduated college; the total amount of savings was actually worth the trip. You have to love hyper-miling. :)

But yeah, I wouldn't have expected you to drive to the Akwesasne reservation just to save on gas. Granted, in 2008 it was worth it for me to go to the Oneidas, but now that they've decided to pretty much mimic the Syracuse prices, it isn't worth it any longer.

The trick is, with getting cheap gas at a place, is to plan your trip around it. Sure, I could have gone to Plattsburgh's Wal-Mart, but instead I'd go to Ticonderoga, and then skip over to West Addison VT on the way back where the gas was cheap. In fact, I'll still remember, and I wish I had gotten a picture of it at the time but don't think I had a camera phone at the time, there was a line out to the state highway (the general store only has one island with a pump on each side), and every single car in that line had New York plates. Not a SINGLE Vermonter.
 
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Re: 5 dollar gas...are we ready?

the highest we saw in our drive across the country $4.82 in Idaho. diesel. most were in the $4.25 - $4.50 range.

I was watching a Youtube video where a couple drove the entire length of I-90 (I'm talking Boston to Seattle), and one of the gas stations (I think Montana, MAYBE Idaho) had premium around $5/gallon. :eek:
 
Re: 5 dollar gas...are we ready?

I'd be more curious to see the split based on GDP rather than population. See who squeezes the most money out of each barrel they use.

A lot of the reason is that the USA is relatively less densely populated than most industrialized countries. A lot of travel between population centers.
 
Re: 5 dollar gas...are we ready?

A lot of the reason is that the USA is relatively less densely populated than most industrialized countries. A lot of travel between population centers.

How much of that is the result of the distance between the population centers as opposed to the distribution of population within those population centers. European cities are going to have much higher population density within those cities than a comparable US city (either in terms of geographic footprint or population size).
 
Re: 5 dollar gas...are we ready?

Ok, I did the research, here are the results:

  1. GDP/BBL Country..........................GDP
  2. $2.62…..Switzerland......................$636,100
  3. $2.36…..Denmark..........................$333,200
  4. $2.19…..Norway...........................$483,700
  5. $1.55…..Australia........................$1,488,000
  6. $1.53…..Sweden...........................$538,200
  7. $1.51…..Austria..........................$419,200
  8. $1.49…..France...........................$2,776,000
  9. $1.49…..United Kingdom...................$2,418,000
  10. $1.44…..Italy............................$2,199,000
  11. $1.43…..Germany..........................$3,577,000
  12. $1.32…..Japan............................$5,869,000
  13. $1.23…..Brazil...........................$2,493,000
  14. $1.23…..Finland..........................$266,600
  15. $1.20…..Turkey...........................$778,100
  16. $1.11…..Colombia.........................$328,400
  17. $1.04…..Spain............................$1,494,000
  18. $0.91…..Poland...........................$513,800
  19. $0.84…..Russia...........................$1,850,000
  20. $0.83…..Netherlands......................$840,400
  21. $0.82…..Belgium..........................$513,400
  22. $0.82…..Greece...........................$303,100
  23. $0.79…..United States....................$15,090,000
  24. $0.79…..Canada...........................$1,737,000
  25. $0.78…..China............................$7,298,000
  26. $0.74…..South Africa.....................$408,100
  27. $0.72…..Argentina........................$447,600
  28. $0.66…..United Arab Emirates.............$360,100
  29. $0.65…..Indonesia........................$845,700
  30. $0.56…..Mexico...........................$1,155,000
  31. $0.53…..India............................$1,676,000
  32. $0.51…..South Korea......................$1,116,000
  33. $0.50…..Malaysia.........................$278,700
  34. $0.47…..Taiwan...........................$466,800
  35. $0.42…..Venezuela........................$315,800
  36. $0.35…..Thailand.........................$345,600
  37. $0.26…..Iran.............................$482,400
  38. $0.24…..Singapore........................$259,800
  39. $0.22…..Saudi Arabia.....................$577,600

BBL%2520vs%2520GDP.png


GDP%2520vs%2520GDP%2520per%2520BBL.png


Make of it what you will.

Edit: Source is the CIA World Factbook for both oil consumption and GDP.
 
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Re: 5 dollar gas...are we ready?

Oil just plunged $3 in the span of 20 minutes. Rumblings of a possible SPR release, though White House denies it. Could be a fat finger as well.
 
Re: 5 dollar gas...are we ready?

Oil just plunged $3 in the span of 20 minutes. Rumblings of a possible SPR release, though White House denies it. Could be a fat finger as well.

Brent didn't go down. The spread is nearing $21 (it was $18 earlier today). Perhaps the White House put in another anti-infrastructure policy.
 
Re: 5 dollar gas...are we ready?

Brent didn't go down. The spread is nearing $21 (it was $18 earlier today). Perhaps the White House put in another anti-infrastructure policy.

Nope, Brent took it in the shorts too.

(That post oughta draw some comments.)
 
Re: 5 dollar gas...are we ready?

Isn't that nice, too bad your survival in the city depends on oil and its cost affects you every day

and even then you pay the difference in housing costs... city utopianism is nothing more than a smug fantasy for those already in the urban center.
 
Re: 5 dollar gas...are we ready?

Oil just plunged $3 in the span of 20 minutes. Rumblings of a possible SPR release, though White House denies it. Could be a fat finger as well.

or just a thin trading day (Jewish holiday) with an outsized order to execute. Someone unwinding a position perhaps?
 
Re: 5 dollar gas...are we ready?

or just a thin trading day (Jewish holiday) with an outsized order to execute. Someone unwinding a position perhaps?

Brent (NOT Hoven) crude has also declined in price down to below $114, and the spread has returned to $18/bbl. It looks like the consumers were unhappy with a ~$4/gallon average.

BTW, in case anyone is interested (and if you're reading this thread you probably are), here's the site I use to track both WTI and Brent: http://www.oil-price.net/
 
Re: 5 dollar gas...are we ready?

Here's a thought for pipelines and their corresponding right-of-way: Why couldn't we use rights-of-way that already exist, such as interstate highways? You'd have to do this with the highways where they're on the ground instead of elevated (with a possible consideration when it comes to bridges where the highway is elevated), and there is an actual median instead of a Jersey barrier or guard rail on the pavement, but I would think it's possible. You'd have right of way containing at least 25 feet on each side of the pipeline and it's fairly easily accessible, given you already have many state and U.S. highways running parallel to the interstates in case traffic must be shut down to deal with a serious problem.

This wouldn't be the first time the country has recycled infrastructure, as the railroad companies used the Erie Canal right-of-way to build some tracks in the past (at least along the mule promenade), but both still remained in use.
 
Re: 5 dollar gas...are we ready?

Here's a thought for pipelines and their corresponding right-of-way: Why couldn't we use rights-of-way that already exist, such as interstate highways? You'd have to do this with the highways where they're on the ground instead of elevated (with a possible consideration when it comes to bridges where the highway is elevated), and there is an actual median instead of a Jersey barrier or guard rail on the pavement, but I would think it's possible. You'd have right of way containing at least 25 feet on each side of the pipeline and it's fairly easily accessible, given you already have many state and U.S. highways running parallel to the interstates in case traffic must be shut down to deal with a serious problem.

This wouldn't be the first time the country has recycled infrastructure, as the railroad companies used the Erie Canal right-of-way to build some tracks in the past (at least along the mule promenade), but both still remained in use.

It would work to a point, you would still have to bypass any major population enters. In addition, the outcry from the first accident where a family was roasted in their car because of an impact with the pipeline resulting in a fire would be a PR disaster.
 
Re: 5 dollar gas...are we ready?

Here's a thought for pipelines and their corresponding right-of-way: Why couldn't we use rights-of-way that already exist, such as interstate highways? You'd have to do this with the highways where they're on the ground instead of elevated (with a possible consideration when it comes to bridges where the highway is elevated), and there is an actual median instead of a Jersey barrier or guard rail on the pavement, but I would think it's possible. You'd have right of way containing at least 25 feet on each side of the pipeline and it's fairly easily accessible, given you already have many state and U.S. highways running parallel to the interstates in case traffic must be shut down to deal with a serious problem.

This wouldn't be the first time the country has recycled infrastructure, as the railroad companies used the Erie Canal right-of-way to build some tracks in the past (at least along the mule promenade), but both still remained in use.

It's possible, but I don't know if could be deemed practical. Either you'd have to bury the pipes within the split highway medians, or build barriers between the traffic and the medians. Either one would be a major disruption to traffic, and draw the ire of our short-minded populace, therefore making it politically impractical.
 
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