$3.37 Gas & $3.58 Diesel - Thrilled.

[Western]

If you think this is the answer big scale you are dreaming. They will just raise the prices on it also. Big oil and the speculators will work there way into the CNG thing when it takes off and it will be the same old story.

It works on small scale like you and very few others are using but gas and diesel still power 99.99% of the vehicles running. As soon as that starts to change we will be paying out the wazoo for CNG and NG to heat our homes.

There is no good answer. Someone will always make money off of fuel in one form or another.

Chris

Good point, I remember when diesel was cheaper than gas. Only people that used it was truckers and farmers pretty much.

 

[2manyrocks]

Wouldn't it be just a real kick in the teeth if in hindsight it turns out that pumping all this liquidity into the financial system to revive the economy was then used to speculate in oil and then higher oil prices wrecked the recovery....

Then I vaguely remember something about long wave theory that attempted to explain the largest swings in the business cycle as being a generational thing. With our last bad one in the 1930's, guess we would be the next generation in the long wave cycle.

 

[Diamondpilot]

Good point, I remember when diesel was cheaper than gas. Only people that used it was truckers and farmers pretty much.

Yep. When I got my first diesel truck it was $0.20 per gallon cheaper. Now that diesel trucks and a few cars are gaining popularity its $0.40 per gallon more.

Interesting thing is my dad has the same size home I do. He heats with natural gas. My neighbor has about the same size home also, heats with electricity. I heat with propane. We have compared bills from June to June, 12 months. I bet we were within 5% of each other. They have this figured out.

Another example is I have a 2006 F-350 diesel. It averages 17mpg. My uncle has the same exact truck but with the V-10 and gets 12mpg. Diesel is $3.95 today and gas is $3.55. If you do the math my truck cost $0.24 per mile to drive. His truck cost $0.29 per mile. Very close and when you consider I paid $8000 more up front for my truck than he did plus the cost of simple thins like oil changes he is way ahead. My oil changes done myself is $60, his is $25.

Chris

 

[Mpking]

Just saw diesel at $4.17/gallon today

 

[devildog1]

Route 67 Truck Stop down the road Diesel is $4.08, and at the Mobil 500 feet away It's $4.27!!!! Whew, what a ride coming this year!
DevilDog

 

[JB4310]

Interesting thing is my dad has the same size home I do. He heats with natural gas. My neighbor has about the same size home also, heats with electricity. I heat with propane. We have compared bills from June to June, 12 months. I bet we were within 5% of each other. They have this figured out.
Chris

Yes they, "Big Energy" which rules the world have it figured out
Not just my own paranoia, there was a special documentary on TV recently about it.

If you compared those heating bills with someone like me using oil, it would be way higher. At one time oil was the cheapest. I'm thinking of converting to natural gas, but of course when everyone switchs to gas, it will go up.

Route 67 Truck Stop down the road Diesel is $4.08, and at the Mobil 500 feet away It's $4.27!!!! Whew, what a ride coming this year!
DevilDog

Tell me about it! I'm calculating fuel consumption now by MPD instead of MPG, that's Miles Per Dollar. I was hauling heavy the other day and only getting 8 MPG on the over head, so I figured at $4.00 per gallon, that's only 2 Miles Per Dollar

Gonna have to start a fuel surcharge.

JB.

 

[2manyrocks]

Remembering back 30-40 years ago, we used to not have the traffic we have now. Seems like our traffic has doubled about every five years.

We went through a cycle of bigger vehicles in the 1970's and then on a crash diet of small cars in the late 70's and early 80's. It seems like our vehicles have gotten progressively bigger.

My 2004 Mazda truck is bigger and doesn't get the same MPG that I got in my 1992 B2200, for example.

I have no idea how much gas we're burning now compared to the 1970's. Looks like to me we should reduce the EPA restrictions on small diesels if that's what it takes to get vehicles with better MPG ratings.

 

[groundcover]

I told a guy at the the gas station a while back that I was going to convert my Dodge Cummins to whale oil , America's first renewable resource !

He looked at me kinda stupid and said " you hunt whale?" go figure !

 

[conkyy]

And it keeps going up.

 

[Western]

Actually today, oil got up to $107 per barrel, but closed down to $104.

That was after a report was released that our oil supplies have been rising.