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$100 a barrel oil

Discussion in 'BBS Hangout: Debate & Discussion' started by olliez, Sep 19, 2007.

  1. pirc1

    pirc1 Member

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    Oh comeon, it is only 96 right now. :p
     
  2. olliez

    olliez Member

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    It was $97 this morning, then fell back.
     
  3. danny317

    danny317 Member

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    $98...

    will hit $100 soon...

    i just bought a bike. will be commuting to work on it. im afraid of how high gas prices will jump plus i can get in some exercise instead of sitting in traffic for 1 hr.
     
  4. Saint Louis

    Saint Louis Member

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    This is like waiting for the heat in Arizona to eventually hit triple digits in the summer. You know it is coming, you just don't know when.
     
  5. rocketsjudoka

    rocketsjudoka Member

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    Even without a $100 / barrel oil its still a good idea to bike more and drive less.
     
  6. pirc1

    pirc1 Member

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    Ya, if they would only put more bike lanes on the streets, it is pretty hard to ride a bike with a cars right next to you.
     
  7. rhester

    rhester Member

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    I did buy a hybrid last year, I really am glad, I am getting 46-48 actual mpg on avg.

    Whoo Hoo :D
     
  8. danny317

    danny317 Member

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    tru that.

    i wish they would extend the hershey park trail to go into downtown. that would be awesome.
     
  9. bnb

    bnb Member

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    If I had shorted oil on Max's advise this summer, I'd have no choice but to walk everwhere....
     
  10. pirc1

    pirc1 Member

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    :D :D
     
  11. MadMax

    MadMax Member

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    :D awesome!!

    hey, i put all sorts of disclaimers out there!!!!
     
  12. Deckard

    Deckard Blade Runner
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    Hey rhester, what did you get?



    D&D. Attempt to be Civil!

    Impeach Bush.
     
  13. Lil Pun

    Lil Pun Member

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    What I do not understand is how oil has quadrupled in less than 4 years? I heard one guy say that it was because from 1985 to the early 2000s that oil was extremely under priced. So what is it? I am confused.
     
  14. SamFisher

    SamFisher Member

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    underpriced? well then a rise in prices should not be surprising right?
     
  15. Invisible Fan

    Invisible Fan Member

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    Growing public acceptance of worldwide peak oil, currently unverified but very real in the minds of investors and consumers
    Tightly integrated oil corporations with small inventory capacities magnify refined gas hiccups out of proportion with real supply
    Worldwide liquidity bubble from low interest rates
    Emergence of the developing world, worldwide growth in the past 8 years unprecedented
    China's temporary oil consumption spike in the mid 2000's when they ran a temporary coal shortage
    Loss of Iraq as a known oil exporter
    Sharply falling value of the dollar gives greater incentive by producers to make less in order to earn more.
    Growing usage of oil and other precious commodities by investors as a proxy for worldwide growth
    ???
    ???
    Profit?
     
  16. rhester

    rhester Member

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    The Honda Civic Hybrid.

    Love it, I went with it based upon a Consumer Report test I read that it came closest to meeting the actual advertised MPG in their testing.

    Mine was listed at 48 city 51 highway

    If you drive the posted speed limits and really watch the heavy foot you can get that easy.

    The only thing I will tell anyone looking is that you can't drive 70 mph and get the mileage. When I drive 60 mph I average right at 50 mpg
    When I drive 65 mph its about 46 mpg, and if you are doing 70 mph on the freeway it will be anywhere from 40-44 mpg.

    In town you get the high mpg when you keep the speed at about 30-35 mph.
    In stop and go traffic I avg. 40-44 mpg depending on how the traffic is moving.

    The car has a computer read out that gives real time mpg and I have checked it for accuracy when I fill up several times and it is spot on.

    So you might be disappointed if you have a heavy foot on the gas pedal.

    The price was in line with what I had budgeted- $21,000-23,000 and I got a $2000 tax rebate which was nice. So the net cost for me was about $19,000
     
  17. Deckard

    Deckard Blade Runner
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    Cool! I looked at them and the only reason we're not going that way is we both have bad backs and the seats just don't cut it for us. If it wasn't for that, I'd seriously consider one. I love Hondas and have an Odyssey van. It has a huge V6 that runs on regular gas, turns on a dime for a 4300+ pound van that seats eight, and the V6 turns off 2 or 3 of the cylinders if they aren't needed, increasing the mileage. We average around 20, but I don't know if that's typical. Damned good for its class.

    I'm looking for a very comfortable sedan that's a hybrid and runs on regular. Still looking. :)




    D&D. Attempt Civility!

    Impeach Bush for Promoting Torture.
     
  18. pirc1

    pirc1 Member

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    Doesn't Toyota have a Camry hybrid now?
     
  19. rocketsjudoka

    rocketsjudoka Member

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    It shouldn't be surprising when you've had a war going on in the country with the second largest proven reserves the last 4 years.
     
  20. olliez

    olliez Member

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    Thanks god oil price is staying sub-100. Even people are already used to $3 gallon, the psychological impact is bigger than the wallet.
     

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