The end of fuel economy in America?
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https://seattletimes.nwsource.com/htm...nsumers14.html |
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.
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Maybe it is all just made up BS?
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:D
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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
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now is the time to buy that fuel efficient car!!! The price is right till another spike kicks in.
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https://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.... |
is it wrong to hope for high oil prices?
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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
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Wait...If this is the end to FE in America, when did it begin?
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