Thanks to good old Mr.bush :notnice: :notnice: our gas prices have gone up how are your V8's doin?

 

Please try to keep the politics out of your post.

As far as gas mileage, mine's just fine... 18/23. Sure, I'd like the gas prices to be lower, but I'd want them to be lower even if they were $1.00 a gallon.

By the way... no one has banned you yet? :scratch:

 

That's what I'm saying.

I'm still waiting on the pics of his supercharger on his V6.

Back on topic, V8 is doing well, getting around 18mpg to work.

 

Whoa!!!!

I've been wondering the cause of the high gas prices for some time now. See and I thought it might have something to do with the fact that India and China are modernizing at an unprecedented rate and, consequently, undergoing a transportation revolution in accordance with their development of contemporary industries. Therefore, The number of automobiles purchased in these countries in the past two years is greater than that of all prior years combined. So, the burgeoning automotive market in India and China has turned them into equally exponential markets for gasoline, thus, dramatically unbalancing the scale of supply and demand out of our favor. Whereas, Previously the U.S. wielded considerable purchasing power as one half of a business transaction, but now with new variables in the form of recent oil buyers, we no longer have much say in the prices we must pay. Now, With multiple mass markets for oil vendors to choose from--rather than just America--OPEC greed leeches are setting crude prices at insane levels, knowing we will have no choice but continue buying.

But thanks to your infinite wisdom, I now have one convienient person to blame it on.

THANKS!!!

 

 

 

THAT was quite a mouthful. . .

 

someone ban that guy!

 

 

stang101 OWNED by anothermustangman
I love blaming all my problems on the person in charge...

My 5.0 is getting around 22mpg on the highway and gas is 2.49 here which I guess isn't bad considering its 2.55 where I work.

 

Hey, you guys got it good. up here in canada were averaging about $1.02/ liter. Thats $4.08 per gallon!

 

Gas prices have been slowly falling here........Down to $2.40 gal. Had been up to $2.60. I topped off everything I have today. That monster in the gulf will surely send the prices up. Hope everyone in its path stays safe.

 

$2.86 for 87 here today.

Good response, AnotherMustang Man.

 

Regular is $2.52 here, and if I drive reasonably I've been getting around 22-24 in general and close to 30 on the highway!



All I did was drop in a K&N replacement air filter, turn off the a/c whenever I can, and keep my foot out of it unless absolutely necessary.....

 

I am starting to lean more that OPEC is not the one driving prices up, there are reports of them pumping oil at maximum capacity, and that they are starting to get large surpluses because supply is higher than demand for CRUDE oil.

Now what with the limited refining capacity in the US there is an apparent shortage of gasoline, couple this with the greedy traders on Wall Street betting on Oil Futures being extremely high, and the fact that somehow gasoline instaneously becomes more expensive in the tanks of the gas stations and I believe it has a lot more to do with Commodities Market Greed

Here is where you can track the actual futures pricing NYMEX Crude Oil

Here is an explanation on how the Crude Oil Prices are set Senate Gas Report

Here is a Aug 5th Article on the Oil Market Crude prices down slightly basically implying that this is a product of the market focus on Oil Futures Trading.

The biggest problem with the prices is that we have to pay whatever it is to use the gas to get to work and whereever else. I anticipate that it will not get better until more refining capacity is made, which is in the works but takes a long time.

But I probably have no clue what I am talking about.

 

Haha, touche. The blurb I posted is from a column I wrote a while back when the limiting factor was crude production rather than refining capacity. The India/China factor is accurate regardless.

But yes, the spontaneous value spike of the already purchased/refined oil has me scratching my head as well.

 

No disagreements with India and China here, at there very least they are fueling market expectations of shortages.

 

Here's another quote from an article today that supports my point "Anan Shihab-Eldin, acting OPEC Secretary-General told an energy conference in Oslo on Tuesday that if economic fundamentals, rather than perceptions of shortages, dominated the oil markets, there could be price stability. "Fundamentals do not justify the current price levels," he said. "Forty dollars a barrel is a floor, but I could see around $50-55", he added. "We want to reassure the market that stock levels are building up."

Oil markets await details of hurricane impact

 

Expect pump prices to be easily 50 cents higher than last week. Right now NYMEX gas is trading up 33 cents. That 33 cents is directly translated to pump prices. GA is usually 60-70 cents above NYMEX gas.

Currently at 239.5 plus 60-70 means:

$3.00 to $3.10 at the pump. It was $2.449 last week.

 

Yep, production is shut down in the Gulf so I guess at least $3.05 for regular within 3 weeks. The tree huggers and SUV haters are lovin it.