The end of fuel economy in America? - Fuelly Forums

Android Users - Coming Soon! - Migrating from aCar 4.8 to 5.0

Reply
 
Thread Tools Display Modes
 
Old 09-14-2006, 12:52 PM   #1
Senior Member
 
Join Date: Mar 2013
Posts: 169
Country: United States
The end of fuel economy in America?

Quote:
Analyst predicts plunge in gas prices
By Kevin G. Hall

McClatchy Newspapers

WASHINGTON ? The recent sharp drop in the global price of crude oil could mark the start of a massive sell-off that returns gasoline prices to lows not seen since the late 1990s ? perhaps as low as $1.15 a gallon.

"All the hurricane flags are flying" in oil markets, said Philip Verleger, a noted energy consultant who was a lone voice several years ago in warning that oil prices would soar. Now, he says, they appear to be poised for a dramatic plunge.

Crude-oil prices have fallen about $14, or roughly 17 percent, from their July 14 peak of $78.40. After falling seven straight days, they rose slightly Wednesday in trading on the New York Mercantile Exchange, to $63.97, partly in reaction to a government report showing fuel inventories a bit lower than expected. But the overall price drop is expected to continue, and prices could fall much more in the weeks and months ahead.
The how and the why are at the link:
http://seattletimes.nwsource.com/htm...nsumers14.html
__________________

ketel0ne is offline   Reply With Quote
Old 09-14-2006, 01:00 PM   #2
Registered Member
 
omgwtfbyobbq's Avatar
 
Join Date: Jul 2006
Posts: 1,516
Country: United States
Wasn't the introduction of ethanol to replace MTBE what drove the cost of gasoline up? If anything that seems like it's the limiting factor... Not crude.
__________________

__________________
Quote:
Originally Posted by FormulaTwo
I think if i could get that type of FE i would have no problem driving a dildo shaped car.
omgwtfbyobbq is offline   Reply With Quote
Old 09-14-2006, 01:08 PM   #3
Senior Member
 
Join Date: Mar 2013
Posts: 169
Country: United States
Maybe it is all just made up BS?
ketel0ne is offline   Reply With Quote
Old 09-14-2006, 01:27 PM   #4
Registered Member
 
omgwtfbyobbq's Avatar
 
Join Date: Jul 2006
Posts: 1,516
Country: United States
__________________
Quote:
Originally Posted by FormulaTwo
I think if i could get that type of FE i would have no problem driving a dildo shaped car.
omgwtfbyobbq is offline   Reply With Quote
Old 09-14-2006, 02:58 PM   #5
Registered Member
 
Join Date: Aug 2006
Posts: 171
Country: United States
Send a message via AIM to Brian D.
I'm not buying it. I'm still calling this a bit of overexuberance. This is what you get when you mix a (basically) hurricane-less season with the fact that the U.S. just struck a little bit of new oil in the Gulf. Then add in the fact that, seasonally, we tend to get a little bit of a pullback in oil (gas prices) upto and around Labor Day. Driving season is over. Big deal. I say oil heads back up. I doubt if we'll see $3/gal again (sorry, west coast...I know you're all still unfairly up around $3/gal anyway) before the end of the year. It'll creep back up though. -my $.02
__________________
GAS GSLR
Brian D. is offline   Reply With Quote
Old 09-15-2006, 12:14 AM   #6
Registered Member
 
philmcneal's Avatar
 
Join Date: Feb 2006
Posts: 333
Country: Canada
now is the time to buy that fuel efficient car!!! The price is right till another spike kicks in.
__________________
If your reading this, then good for you, your saving some gas because your here.
philmcneal is offline   Reply With Quote
Old 09-15-2006, 05:29 AM   #7
Registered Member
 
ZugyNA's Avatar
 
Join Date: May 2006
Posts: 587
Country: United States
http://www.spectrumcommodities.com/e...charts/cl.html


Down into Dec/Feb/March?

Slowing world economy.

Current admin has given up starting WWIII for now?


But I wouldn't get too complacent though....many oil analysts expect $100 oil eventually. Growing world population...increasing standard of living in China...India...etc? Peak oil?

The writing is on the wall....
__________________
Leading the perpetually ignorant and uninformed into the light of scientific knowledge. Did I really say that?

a new policy....I intend to ignore the nescient...a waste of time and energy.
ZugyNA is offline   Reply With Quote
Old 09-15-2006, 01:17 PM   #8
Registered Member
 
schmeep's Avatar
 
Join Date: Aug 2006
Posts: 65
Country: United States
is it wrong to hope for high oil prices?
__________________
schmeep is offline   Reply With Quote
Old 09-15-2006, 05:12 PM   #9
Senior Member
 
Join Date: Mar 2013
Posts: 169
Country: United States
There are many reasons for long commutes. Our reason is this our house and land would cost over $1 million within 15 miles of our jobs. We commute together and our house and land was less than $150k on the water no less. It would take alot of gas even at $3-5 per gallon in the Yaris (60 miles each way) to make up $850K
ketel0ne is offline   Reply With Quote
Old 09-15-2006, 07:46 PM   #10
Tuggin at the surly bonds
 
Silveredwings's Avatar
 
Join Date: Apr 2006
Posts: 839
Country: United States
Wait...If this is the end to FE in America, when did it begin?
__________________

__________________
Reality is merely an illusion, albeit a very persistent one. - Albert Einstein
Silveredwings is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Incorrect Milage Calcuatlion PatM Fuelly Web Support and Community News 4 07-17-2009 08:21 PM
Missing Fuelup jmonty Fuelly Web Support and Community News 3 05-27-2009 05:10 AM
Pulse and Glide? Pete7874 General Fuel Topics 24 02-26-2009 12:11 PM
All Licensed Drivers terrapin Fuelly Web Support and Community News 0 08-07-2008 10:49 AM
"active" aero grille slats on 06 civic concept MetroMPG General Fuel Topics 21 01-03-2006 01:02 PM

Powered by vBadvanced CMPS v3.2.3


All times are GMT -8. The time now is 05:21 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.