Oil & Fuel Dire fuel predictions

Dave___in___CT · Jan 27, 2004

Diesel $1.75 .9 here.... CT

Dave...

DocHeb · Jan 27, 2004

</font><font color="blue" class="small">( I do not understand how we have consistantly been able to enjoy these lower prices )</font>

The price difference between US and other countries is in the amount of taxes on the fuel. For example, in September 2000, gasoline was selling for $4.71 US per gallon in England - of which $3.40 went to taxes. High taxation on gasoline is an attempt at social engineering by taxation.

Interesting site about gas prices - HowStuffWorks - How Gas Prices Work

KiotiJohn · Jan 30, 2004

I spent last winter living in Merida, Yucatan, Mexico where I paid around $2.25/gal USD. I was happy to have my 30mpg Toyota with me! Today I paid $1.64/gal for diesel at a local station in N.E. Florida. Think I'll get a huge drum and fill it up the next time the prices go down but I'll have to be very quick as they will raise them again in only a few days. John

dmccarty · Jan 30, 2004

Yep its the taxes....

Currently the I'm paying 1.59 for diesel. Of which 42 cents is
on taxes. Around Xmass time it was 1.35ish.

At current prices 42 cents is 26 percent of the cost of a gallon of
diesel....

Later,
Dan

DaveNay · Mar 30, 2004

.......still rising........

/forums/images/graemlins/frown.gif /forums/images/graemlins/mad.gif

texbaylea · Mar 30, 2004

I hate the fuel prices too but may be that if they restore some of the tax advantages for domestic production rather than foriegn, we would see the prices come down. PLUS maybe I could get a lease again on my land. It wasn't much, just $100 or so a month, but it helped. Those small wells don't pay for the producers any more.

zuiko · Mar 30, 2004

It would help stabalize gas prices a lot if we could buy the same blend of gas everywhere.

Another interesting thing is CA is ordering a bunch of OTR trucks reprogrammed so they consume MORE fuel at highway speeds than they do now. It's supposed to lower smog emissions.

DaveNay · Mar 30, 2004

Yeah, the reformulated fuels are a big issue in the half dozen or so major cities that require them. Here in the Chicago area (and all of northern Illinois really) the prices are consistently among the top three most expensive in the nation.

Dave

Ledgemere Farm · Mar 31, 2004

I just read that our "friends" at OPEC are going to cut oil production by 1 million barrels /day in April. Get ready. /forums/images/graemlins/shocked.gif /forums/images/graemlins/shocked.gif /forums/images/graemlins/shocked.gif

frank_f15 · Mar 31, 2004

wonder what would happen if we stooped uying thier oil for one week? let them wells fil up and watch how fast the price comes down. this is a very sore sujest with me as i feel that opec and some of our own oil comanies are creating this problem. $$$$$ seems to rule, i guess BILLIONS OF$$$$ is not enough must go for TRILLIONS. OF$$$$$$$. ah whats the point we are going to take it in the shorts not sure this is going to make the cut /forums/images/graemlins/grin.gif sorry moderators!