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 > Rising fuel, will it be any different this time?

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ferndaleflyer

everywhere

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Posted: 03/08/22 08:46pm Link  |  Print  |  Notify Moderator

I have several oil and gas leases. Explain to me why my oil production check for 3 wells went down $160 last check while the pump price is going up way faster than it should. Somewhere down the line someone is making a killing.

dedmiston

Coast to Coast

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Posted: 03/08/22 08:48pm Link  |  Print  |  Notify Moderator

agesilaus wrote:

Well gas not diesel is $7 a gallon in Cali


Fake news. It’s bad, but not that bad.

San Luis Obispo is the worst in the state except for remote spots like Death Valley. It’s about $6/gal in SLO.

Not that I’m defending the insanity, but the rumors aren’t true (yet).


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rlw999

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Posted: 03/08/22 08:49pm Link  |  Print  |  Notify Moderator

rk911 wrote:

agesilaus wrote:

...But DC has some official advice, buy a Tesla...


i thought she said "Prius". [emoticon]


Either one is a good idea for a daily driver -- we have both, an EV (not a Tesla) that I use for the daily commute, and a 45mpg Hybrid (not a Prius) that we use for long trips when we don't take the RV.

Not having to pay for gas for the daily commute sure helps take the sting out of high fuel prices when we do take the RV out, we've got a 2000 mile trip planned next month and are preparing for $6/gallon gas.

rlw999

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Posted: 03/08/22 08:52pm Link  |  Print  |  Notify Moderator

ferndaleflyer wrote:

I have several oil and gas leases. Explain to me why my oil production check for 3 wells went down $160 last check while the pump price is going up way faster than it should. Somewhere down the line someone is making a killing.


Kind of how prices at the gas station go up as soon as crude prices go up -- while the gas they've had in their tanks for 2 days didn't come from that expensive crude, and the gasoline that they'll get tomorrow didn't get refined from that expensive crude. And oddly, when crude gets cheaper, prices don't come down as fast as they went up. Someone's making that profit.

NamMedevac 70

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Posted: 03/09/22 03:45am Link  |  Print  |  Notify Moderator

Some economists predict $200 oil by end of month so if true it will bite most of you

Latest news from bing news summaries is ever increasing high cost of nickel and predicted soon shortages of EV battery quality nickel (Russia) will continue to drive up the cost of EV vehicles along with the ever increasing cost of auto gas.

Enjoy the future everyone.

docsouce

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Posted: 03/09/22 05:13am Link  |  Print  |  Notify Moderator

DW and I were talking about our upcoming trip out west later this Summer. We'll go as far as half of our "road trip" fund will take us.
I used $8 per gallon for gas,$50 per night for campground and $20 per day for food to figure our daily expenses. These numbers are high ( I hope) and should bring us to the west side of North Dakota,then we'll see what things look like. My concern is gas supply. Right now we aren't seeing any shortages but if we start seeing gas shortages this will really add a wild card to the deck.

* This post was edited 03/09/22 05:30am by docsouce *


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ChuckSteed

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Posted: 03/09/22 05:38am Link  |  Print  |  Notify Moderator

You might have a tough time finding $50 a nite CG out west

RetiredRealtorRick

St. Augustine Beach, FL

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Posted: 03/09/22 05:45am Link  |  Print  |  Notify Moderator

Seems like 'we're' preventing any and all oil production in the Arctic National Wildlife Refuge. For the love of Pete, it's ONLY a 19.8 million acre site but 'we' oppose drilling on just 2000 acres (about 1/100 of one percent of the Refuge)... that's 1/100th OF 1%.

The US hasn't opened a new refinery since 1975 and about 36 have been forced to close since 1980 due to too many rules and regulations.

Oh yes, and Covid is certainly to blame for just about everything (I ran out of Cheerios this morning -- I blame Covid).

[emoticon]


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[email protected]

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Posted: 03/09/22 06:53am Link  |  Print  |  Notify Moderator

When we sold our diesel motor home and went back to a fiver, I had several offers to sell my Fiesta hatchback since it was set up for the tow vehicle. I almost did a couple of times since used car prices are so high. BUT I didn't------now I have to figure out how to mount my fiver hitch on the roof without scratching the paint. The Fiesta gets 40 mpg. It will pull it right??[emoticon]


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schlep1967

Harrisburg, PA

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Posted: 03/09/22 07:56am Link  |  Print  |  Notify Moderator

[email protected] wrote:

When we sold our diesel motor home and went back to a fiver, I had several offers to sell my Fiesta hatchback since it was set up for the tow vehicle. I almost did a couple of times since used car prices are so high. BUT I didn't------now I have to figure out how to mount my fiver hitch on the roof without scratching the paint. The Fiesta gets 40 mpg. It will pull it right??[emoticon]

It will pull it downhill and stop it going uphill. Plan your trip carefully....


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