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08-19-2008, 06:12 AM #1
Anyone else loosing the gas price lotto??
Every time i fill my car ( which i wait a while watching prices trying to catch it at its lowest ) it seems like the next day the price drops.
This last time i paid $3.89 for gas and now its at $3.66
Im a big gas price lotto
Last edited by qtkitty; 08-19-2008 at 06:12 AM.
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08-19-2008, 07:17 AM #2Registered User
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Ours was actually $3.49 yesterday. Hope it didn't go up cause I need to fill up tonight on the way home.
Debbie
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08-19-2008, 09:13 AM #3
I think it's like: We'll wait till [NAME] fills up, then we'll drop the gas price.
Sheesh.
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08-19-2008, 10:09 AM #4Registered User
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We must try to average it out best we can.
In the long term, oil prices can only go one way in the general trend and that is UP.
http://money.cnn.com/pf/features/lis...bal_gasprices/
It may have blips here and there, but the writing is on the wall as to our future with oil and the rest of the fossil fuels we gobble up.
No doubt some of the increase in crude is due to greed, speculation and hype. And, it may all be true that what we have been told about peak oil is in fact a hoax.
Same as the skeptics that claim global warming is a hoax.
It may all be a conspiracy, just a cruel trick on the consumer to line the pockets of industry with more money...only time will settle this debate
http://www.prisonplanet.com/archives/peak_oil/index.htm
http://www.conspiracyplanet.com/chan...contentid=2097
http://aftermathnews.wordpress.com/2...-and-peak-oil/
http://www.energybulletin.net/4466.html
The top 3 users of crude are the US, China and Japan.
They consume almost 12 billion barrels of crude a year ( 11,987,330,000 barrels) .
Collectively the world uses 31 billion barrels of oil a year (31,015,410,000)
http://www.nationmaster.com/graph/en...il-consumption
If the Peak Oil skeptics think the supply of fossil fuel is limitless and we can keep on burning billions upon billions of barrels a year of crude forever, then they are sadly mistaken.
I always tell the proponents saying peak oil is a conspiracy and think that we have an unlimited amount of oil, natural gas, coal, uranium...actions speak louder than words.
We can look at Hubbert's prediction of the USA's peak.
[ame]http://en.wikipedia.org/wiki/Peak_oil[/ame]
He was exactly right.
We can look at global oil production and see what the general trend is.
Look at the UK and other countries like the US that had been energy exporters in their heyday. Now they are all energy importers.
See:
http://www.oilcrashmovie.com/
We can look at the trend in drilling to see how deep we have to go to find oil. How many big finds are being made?
We can look at the quality of crude being produced.
Is it light sweet crude or high sulfur, heavy, hard to refine crude?
The light sweet is just that 'light' and is on the surface of the oil pool. Whereas the less desirable heavy sulfated crude is on the bottom of the pool. Does the phrase hitting the bottom the barrel mean anything to you?
Lately we have been putting much of our hope in the tar sands of Canada.
When we have to get the oil out of the sand and shale it sounds like we are hitting the bottom of the barrel again. Even talk about getting our gas from refining bitumen coal.
Now, some people say we are saving the light sweet crude for national defense and using the foreign oil and tar sands first. I don't know, I have no inside information about that claim.
We get about 15% of our natural gas from Canada. That 15% amounts to 50% of the natural gas Canada produces. The US sucks down more energy than any other country...no one can come close to us.
Our demands for natural gas are on the rise, just as our demands are for all fossil fuels. Once demand outstrips production we are headed over Hubert's peak in any number of areas besides crude. We can see peak production issues in natural gas, uranium, food or water, just as we will see with crude oil.
It is an easy task to see how much oil is produced in the world. But finding the 'exact peak date' for world oil production is hard to pinpoint. (see peak oil section)
[ame]http://en.wikipedia.org/wiki/Crude_oil[/ame]
For one thing, some countries production are erratic and they are not transparent with their real production and discovery data.
Also oil production is not an exact science and still requires a little luck. We may find a lucky hit down the road that brings in a gusher to distort some of the figures.
No one knows the exact peak date for world oil production, but we do know that time will come in the not so distant future. But finding the peak is not hard problem once we can look back on it by a few years....but we need some time to do it...again, only time will settle this debate.
"If the public does think briefly about future oil supplies, the question usually asked is, "How long will oil last?" This is the wrong question. Oil will be extracted in some insignificant quantity perhaps 200 years from now. The critical question is: When does the peak of world oil production occur?" ~ Richard C. Duncan
Check out:
Beyond Oil: the view from Hubbert's Peak
by Deffeyes, Kenneth S.
http://www.princeton.edu/hubbert/
The Coming Economic Collapse - how you can thrive when oil costs $200 a barrel
by Leeb, Stephen
A Crude Awakening - the oil crash
Lava Productions AG, Switzerland DVD
http://www.oilcrashmovie.com/
The End of Suburbia - oil depletion and the collapse of the American dream
by Greene, Gregory DVD
http://www.endofsuburbia.com/
High Noon for Natural Gas: the new energy crisis
by Darley, Julian
http://www.highnoon.ws/
The Long Emergency: surviving the converging catastrophes of the twenty-first century
by Kunstler, James Howard
Oil Apocalypse
History channel DVD
Peak Oil Survival: preparation for life after gridcrash
by McBay, Aric
Powerdown: options and actions for a post-carbon world
by Heinberg, Richard
Resource Wars: the new landscape of global conflict
by Klare, Michael T
http://www.amazon.com/Resource-Wars-.../dp/0805055762
A Thousand Barrels a Second: the coming oil break point and the challenges facing an energy dependent world
by Tertzakian, Peter
Twilight in the Desert: the coming Saudi oil shock and the world economy
by Simmons, Matthew R.
Well written book examining 12 of the key Saudi oil fields.
Who Killed the Electric Car?
Sony Pictures Classics release
http://www.sonyclassics.com/whokilledtheelectriccar/
Zoom:the global race to fuel the car of the future
by Iain Carson and Vijay V. Vaitheeswaran.
Also see:
http://www.worldoil.com/INFOCENTER/S...doilproduction
http://hubbert.mines.edu/
http://www.mnforsustain.org/duncan_a...d%20The%20Peak
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08-19-2008, 11:02 AM #5
I like the name gas price lotto, and that's exactly what I do. But, there are a couple of times that I've waited until after work and have had to pay more - sometimes as much as 20 cents! Right now I have about a half a tank and gas is 3.42. I'm really hoping it'll go lower before I have to fill up!
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08-19-2008, 01:58 PM #6
I tell DH when I fill up, so he can get it lower the next day. Seems like I always hit it right before it drops. Sometimes I pass another station that's .05 or .10 lower just after I fill up... picked the wrong one again. Oh well, that's how it goes!
May Groceries $238/250 Pet Supplies $111/125
Coupons $50.08
April Groceries $253/250 Pet Supplies $109/125
Coupons $34
Coupon Saving 2012 $165.61
2011 $376.25
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08-19-2008, 04:11 PM #7
I wish I could say I feel for you, but gas prices here in Southern OR (btw, we have no sales tax here...) is at an all time low for the last 4 months!!! It was $3.97 yesterday!!! It's been running at about $4.25 most of the summer! I do have hope now that we might see gas prices that fall below $3.50 once again... I remember when gas prices were approaching $3.00 and everyone was in an uproar... $3.00 a gallon now would be a blessing! :-)
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08-19-2008, 04:39 PM #8
It's that good 'ol guy Murphy at it again. Gas is down to 3.45 here in Jersey. Hoping it goes down down down.....
Jill, SAHM to Ivy Marie 11/24/08
DH Vic
Mom to Benjita
Coupon addict. Stock only what you use and use what you buy.
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