SOLO2.ORG Ultimate Autocross

Welcome to SOLO2.ORG Ultimate Autocross Sign in | Join | Latest Posts | My Posts | Help
in Search

Gas/Diesel Prices 2008 : How high will it go?!

Last post 7 hours, 37 minutes ago by Phil. 31 replies.
Page 1 of 3 (32 items)   1 2 3 Next >
Sort Posts: Previous Next
  •  05-30-2008, 2:01 PM 132846

    Gas/Diesel Prices 2008 : How high will it go?!

    I'm trying to get an idea of what we could be in for.  Gas and Diesel prices are rising and there seems to be no plateau.  I suspect it could keep going until we match the price paid for fuel in Europe.

    Current Diesel Price $USD / Gallon

    USA (St. Louis, MO) = $4.69
    UK (Average) = $8.43

    Can someone check my math on the UK $/gallon.  Sources report that Diesel is 112.5p (GBP Pence) / liter.  With current USD/GBP conversion and assuming 3.8L/gallon, I get $8.43.  That is CRAZY!  My economic stimulus check is going to be wasted on fuel!


     


    James Elterman
    Nukabe / P&L Motorsports / Nitto Time Attack Impreza STi
    www.ShimmySideways.com
    Tune your Subaru at P&L Motorsports
  •  05-30-2008, 2:35 PM 132847 in reply to 132846

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    This year?  I think we might hit close to $5 for 93. 


    Christopher

    23 STU 2006 Black STi "Ballz"
    AutoADD
    I found one I like.
  •  05-30-2008, 3:39 PM 132848 in reply to 132846

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    JamesE:

    USA (St. Louis, MO) = $4.69
    UK (Average) = $8.43

    Can someone check my math on the UK $/gallon.  Sources report that Diesel is 112.5p (GBP Pence) / liter.  With current USD/GBP conversion and assuming 3.8L/gallon, I get $8.43.  That is CRAZY!  My economic stimulus check is going to be wasted on fuel! 

    Yup, it's $8.61 according to this article:

    http://www.washingtonpost.com/wp-dyn/content/article/2008/05/27/AR2008052702640.html?referrer=emailarticle

     


    Jey Ping
    1998 Subaru Legacy Wagon EJ257 Hybrid Turbo
    1993 Cadillac Fleetwood Brougham
    2003 Chevrolet Tahoe LT
  •  05-30-2008, 4:22 PM 132849 in reply to 132848

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    That's $8.61 for gas, and $9.56 for diesel.  Indifferent

    James Elterman
    Nukabe / P&L Motorsports / Nitto Time Attack Impreza STi
    www.ShimmySideways.com
    Tune your Subaru at P&L Motorsports
  •  05-31-2008, 9:04 PM 132859 in reply to 132846

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    My guess,,,,,,,,Regular / National Average  $4.30 Gal. at the peak of the summer. Then it will retreat about a dollar - for a while.  HOWEVER, if ANYTHING happens - ANYWHERE, it will be seen as an excuse to keep it higher / longer. When the speculitive bubble bursts, some people / funds will loose some money but the individual who begins to chase the price now will be the ones hurt the most. The guys "in the know" have already made their money, or will shortly. But I predict the price will NEVER fall below $3.00 Gal. ever again. If nothing "happens", I predict a steadier price at about $5.00 in 2 years, and gradeully rising ~10% a year. (If nothing happens!!)
    Mike Byington
    28 Year Member, SCCA
    Solo, Rallycross, RoadRally,
    National Flag & Comm
    2008 National Rallycross "SR" Champion
    "Drivers have races, Workers have enduros."
  •  05-31-2008, 11:32 PM 132860 in reply to 132859

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    The news had a story on the truckers protest in London yesterday.  The price of diesel was $10.30Gal USD.
    Larry Kronemeyer
    O3 MINI Cooper S

  •  06-01-2008, 4:23 PM 132862 in reply to 132860

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    When comparing gas prices with European countries, most of the difference is probably from taxes. Some countries finance most of their road construction and maintenance from gas taxes. Which IMHO makes sense, because the people using the roads are paying for them. Here in the US, the roads are paid from other taxes. You're paying for them, one way or another.


    Reto
    2005 Lotus Elise, #94 SS
    2005 Nissan Xterra (LSV)
  •  06-01-2008, 6:27 PM 132864 in reply to 132862

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    I agree about the taxes, except, ours do go for roads, just not as much. And as far as maintenance - we just don't do any Embarrassed !
    Mike Byington
    28 Year Member, SCCA
    Solo, Rallycross, RoadRally,
    National Flag & Comm
    2008 National Rallycross "SR" Champion
    "Drivers have races, Workers have enduros."
  •  06-03-2008, 11:51 AM 132882 in reply to 132864

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    The difference is due to taxes.  Most other countries (including most of europe) inlcuded a 60-75% premium tax for gas.  Here is the US, they avoid at all costs increases to our fuel tax.

     

     


    '05 Subaru WRX STi
  •  06-03-2008, 7:18 PM 132890 in reply to 132882

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    Anybody see those adds that Dodge is running about guaranteed gas or diesel for $2.99/gal for 12k miles if you buy a Dodge?  I can't imagine how they police that and see this ploy putting them out of business when diesel is twice that next year.  Almost makes me want to go buy a new truck.

    I guess they give you pre-paid gas cards, but imagine it to be a pain as you'll have to go to certain gas stations.


    04 WRX
    84 RX7 IT7
    99 Expedition
    03 M5
  •  06-04-2008, 6:14 PM 132895 in reply to 132890

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    RX 555:

    Anybody see those adds that Dodge is running about guaranteed gas or diesel for $2.99/gal for 12k miles if you buy a Dodge?  I can't imagine how they police that and see this ploy putting them out of business when diesel is twice that next year.  Almost makes me want to go buy a new truck.

    I guess they give you pre-paid gas cards, but imagine it to be a pain as you'll have to go to certain gas stations.

     I believe you have to pay with a CC and then they reimburse you the difference.  Anyway, I'm sure they'll make their money with a higher interest rate or cost of the vehicle.

     It sure is tough waiting those 2 minutes for the next subway train to come along when you just miss one. 


    Jeff Templeton
    00 Impreza RS-671 PGT
    Special Thanks to:
    Izzy's Custom Cages
    321GoVideo.com
    Solo Performance Specialties
  •  06-06-2008, 1:48 PM 132907 in reply to 132859

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    Like Mike said, it may fall back, but will go up again for sure. It certinly isn't ever going to go back down except on a temporary basis. The fact is we need alternatives. For the time being we can be "less bad" by being more efficient, but fundamental change is going to be required. Simply drilling for more oil and being more efficient will only put the ultimate problem off. The issue goes deeper than the car, which is simply the most visible consumer of oil, as nearly everything we do is dependant on oil in some manner.
    Bryan Sechrist,
    Thanks Jan for the 06,07 Mini codrive
    ES '91 Miata, out of the garage for this season?
    Past Region BoD
    Course Chief
    Novice School Chair
  •  06-06-2008, 7:20 PM 132909 in reply to 132907

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    Company in France is working on a set of city cars that run on compressed air with a range of 100 miles or so per tank!  Saw it on the news this morning.  Going to push it in developing countries, especially India.  If sold in large enough #'s would help curb the oil use and reduce CO2 emissions greatly.

  •  06-07-2008, 11:15 AM 132912 in reply to 132909

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    RandeH:
    Company in France is working on a set of city cars that run on compressed air with a range of 100 miles or so per tank!  Saw it on the news this morning.  Going to push it in developing countries, especially India.  If sold in large enough #'s would help curb the oil use and reduce CO2 emissions greatly.

    It won't matter if the energy used to compress the air is garnered from burning coal or oil Wink  That, as Bryan points out, is the real issue. 


    Jeff Templeton
    00 Impreza RS-671 PGT
    Special Thanks to:
    Izzy's Custom Cages
    321GoVideo.com
    Solo Performance Specialties
  •  06-07-2008, 6:30 PM 132915 in reply to 132912

    Re: Gas/Diesel Prices 2008 : How high will it go?!

    mugwump:

    It won't matter if the energy used to compress the air is garnered from burning coal or oil Wink That, as Bryan points out, is the real issue.

    In India you can always hire a couple of guys off the street to work a manual air pump for a $5 a day each.
    Paul
    2008 VW GTI - wife's black toy
    2004 Subaru WRX Sport Wagon - for sale
    Looking for 1998-2003 Toyota 4Runner
Page 1 of 3 (32 items)   1 2 3 Next >
View as RSS news feed in XML

Powered by Community Server, by Telligent Systems