Not even 10 years ago

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#4
I think the lowest I ever remember seeing a gas price was .89, long ago (haha, I know I'm young) on a family trip to Florida. When I started driving, 1.30 was high. But what's worse than the fact that it's doubled in 2 years is that morons keep buying giant, gas-guzzling SUVs. Freakin' idiots! Gahhhhh!
 
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#5
Can I ask a question? Why do any of you care what someone else drives and how much gas it takes? If they can afford to pay for the gas and the huge vehicle is their choice, is that not their decision? Just wondering....... [poke]
 
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#7
MyHarley said:
Can I ask a question? Why do any of you care what someone else drives and how much gas it takes? If they can afford to pay for the gas and the huge vehicle is their choice, is that not their decision? Just wondering....... [poke]
Because the more gas they use, the more demand there is for gas, which increases price.
 
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#8
Ahhh, the SUV fuel mileage bashing myth. If you want to bash SUV mileage in general, then you must also bash minivan mileage in general.

Some SUVs get roughly equal mileage to minivans.

Many mid and small SUVs get BETTER mileage than popular minivans.

Ford:
Explorer 15/21 highway
Freestar 16/23 highway
Escape 22/26 highway

Honda:
Odyssey 19/25 highway
 
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#10
Just wondering if maybe the oil and gas companies did not increase production, keep the money to pay off debt and continued to pay low day rates for drilling vessels thereby many drilling vessels sat idle waiting on higher day rates, new construction has not been at a record high as well, therby decreasing the number of drillings vessels available......invest in new processing plants might of been a good idea as well, but yet oil and gas companies still pocketing billions of dollars per quarter, the threat of decreased supply from the Middle East might of held back the oil and gas companies in spending money, other countries with large oil/gas reserves not even involved in war that are dangerous for personnel just might also be hendering the production and drilling.......are any of us really conserving on gas in anything; heating, fireplaces, gas grills, cars, trucks, SUV's, transportation of products that we want, airplanes, riding around for the hell of it, putting the pedal to the metal just because we can, travel for vacations, verting with the A/C blaring.......offering some other thoughts here......... [thumb]
 

Big Daddy

Senior Member
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#11
Kirby said:
Ahhh, the SUV fuel mileage bashing myth. If you want to bash SUV mileage in general, then you must also bash minivan mileage in general.

Some SUVs get roughly equal mileage to minivans.

Many mid and small SUVs get BETTER mileage than popular minivans.

Ford:
Explorer 15/21 highway
Freestar 16/23 highway
Escape 22/26 highway

Honda:
Odyssey 19/25 highway

Not to mention the 540's, the 740's and 750's. I guess you could bash the 98 M roadster as well, I get 28 mpg on the highway if I drive nice. My pickup gets 21 mpg, my 318is got 35 mpg I should have kept it.
 
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#12
foomonkey525i said:
I never said anything about liking minivans... I hate those, too.
LOL!

My point was that the majority of the mid and compact SUVs on the market get the same gas mileage as minivans. So why do people bash SUVs in general for gas mileage but not minivans?
 
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#13
MyHarley said:
Just wondering if maybe the oil and gas companies did not increase production, keep the money to pay off debt and continued to pay low day rates for drilling vessels thereby many drilling vessels sat idle waiting on higher day rates, new construction has not been at a record high as well, therby decreasing the number of drillings vessels available......invest in new processing plants might of been a good idea as well, but yet oil and gas companies still pocketing billions of dollars per quarter, the threat of decreased supply from the Middle East might of held back the oil and gas companies in spending money, other countries with large oil/gas reserves not even involved in war that are dangerous for personnel just might also be hendering the production and drilling.......are any of us really conserving on gas in anything; heating, fireplaces, gas grills, cars, trucks, SUV's, transportation of products that we want, airplanes, riding around for the hell of it, putting the pedal to the metal just because we can, travel for vacations, verting with the A/C blaring.......offering some other thoughts here......... [thumb]
Hey, aren't you the Director of Petroleum Sales? Thought you have some inside stories for us? [:D] Please be gentle on the price of gas!

I just think they are getting people psychologically into fuel cell.
 
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#14
You have to keep in mind that the majority of the increase of fuel today, is not so much the SUV's (this is only a VERY small portion) is the exponential increase of consumtion in China due to the increase of manufacturing. China is also subsidizing the oil at $20 a barrel to help keep up the economic growth.

Edit: China currently is consuming 1/3 of all oil produced in the world right now.
 
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#15
And what the hell is wrong with gas prices. [:)]

Seriously though, anyone that looked at the situations and balance sheets of the oil companies would have been negligent to not invest. There has been a sickening amount of money to be made here and all the sign were fully in line for this. Just pick any big oil company and look!


Chart available at yahoo.com “cvx”

Note the very favorable asset situation of some of the financial reports in the recent past. It’s huge for some—big bucks changing hands.
 

Attachments

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#16
in 000

Left is most recent period

Not bad, how many companies can you find going is this direction.

Total Assets 93,208,000 81,470,000 77,359,000
Total Liabilities 47,978,000 45,175,000 45,755,000
Net Tangible Assets $45,230,000 $36,295,000 $31,604,000
 
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#17
Bryan330i said:
And what the hell is wrong with gas prices. [:)]

Seriously though, anyone that looked at the situations and balance sheets of the oil companies would have been negligent to not invest. There has been a sickening amount of money to be made here and all the sign were fully in line for this. Just pick any big oil company and look!
Yeah, my dad keeps watching oil and stock prices like a hawk. One monitor is for the desktop, and the other monitor is strictly for this stock and oil tracking program thing.
 

bmwrocks

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#18
I remember waiting in line with my dad during the first "oil crisis" in 1973 (???not sure about the year). The price of gas was like 50 or 60 cents. Then when I got my first car in 1978, I remember the price jumping up to 1.50. Then it settled down for many years as we all know, until now......I am worried about my teenagers (15 and 18) and what the future holds for them in many respects....fuel will be unaffordable for a while as the prices soar higher and higher and then we transition for many many years to an alternate life without oil....I wonder how my kids will even afford their first house with the way real estate is these days.....It's funny how we are in this rut of life that even as things change around us, if you make/have enough cash, we continue our lives as if nothing is wrong, everything's fine........when will this economy fall apart because it can't withstand the price of oil without some serious change.
 
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#19
Eric, I think we have parallel lives. My kids are the same age, I think about the same things. The real estate issue is a huge issue and isn't going to change unless there is a serious bust.

But on the car side I think things will be OK. I think 25 years from now new cars will have lithium ion (or some newer technology) rechargeable batteries, or hydrogen fuel cells. Recharging the batteries or generating hydrogen each night by plugging them into an electrical outlet - electricity generated by the dozens of nuclear plants that WILL be built between 2010 and 2025.

Think Im crazy? Just wait till gas hits $3.50/gal (European prices right now) and we have a shortage - real or imagined.

Read this:

"Probable timetable for building new nuclear plants in this country. The early site permit and the design certification processes can take place independently. Three energy companies applied for early site permits in 2003 and the NRC has already certified several advanced design nuclear reactors, while other safety certifications are pending. Three consortia comprised of energy companies, reactor manufacturers, and architectural/engineering firms formed in 2004 to test the construction and operating license process, with a potential application submittal in the 2008 timeframe. Once the NRC has issued the COL, construction can then begin, and completion schedules range from four to five years.



U.S. energy companies apply for early site permits. In 2003, Exelon, Entergy and Dominion filed for early site permits for new reactors—Dominion at its North Anna power station in Virginia, Exelon at Clinton Station in Illinois, and, Entergy at Grand Gulf Station in Mississippi. Under the early site permit program, an energy company may "bank" an approved site for future use, returning to the NRC at a later date to request a construction and operating license for a pre-approved plant design."
 

epj3

Senior Member
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#20
Kirby said:
Eric, I think we have parallel lives. My kids are the same age, I think about the same things. The real estate issue is a huge issue and isn't going to change unless there is a serious bust.

But on the car side I think things will be OK. I think 25 years from now new cars will have lithium ion (or some newer technology) rechargeable batteries, or hydrogen fuel cells. Recharging the batteries or generating hydrogen each night by plugging them into an electrical outlet - electricity generated by the dozens of nuclear plants that WILL be built between 2010 and 2025.

Think Im crazy? Just wait till gas hits $3.50/gal (European prices right now) and we have a shortage - real or imagined.

Read this:

"Probable timetable for building new nuclear plants in this country. The early site permit and the design certification processes can take place independently. Three energy companies applied for early site permits in 2003 and the NRC has already certified several advanced design nuclear reactors, while other safety certifications are pending. Three consortia comprised of energy companies, reactor manufacturers, and architectural/engineering firms formed in 2004 to test the construction and operating license process, with a potential application submittal in the 2008 timeframe. Once the NRC has issued the COL, construction can then begin, and completion schedules range from four to five years.



U.S. energy companies apply for early site permits. In 2003, Exelon, Entergy and Dominion filed for early site permits for new reactors—Dominion at its North Anna power station in Virginia, Exelon at Clinton Station in Illinois, and, Entergy at Grand Gulf Station in Mississippi. Under the early site permit program, an energy company may "bank" an approved site for future use, returning to the NRC at a later date to request a construction and operating license for a pre-approved plant design."
I think we're still far behind in battery technology. We have yet to come up with a cheap and safe battery that provides a good method for recharging, AND produces electricity on demand. That's why LiON batteries are used in cameras, cellphones, laptops, etc but not in things like flashes, drills, saws, whatever. They aren't good for bursts of electricity, but are good for constant outputs. I don't personally think we will have electric cars - in the sense that it will have a bunch of batteries and electric motor. I think it will be a fuel cell type of thing, that generates electricity to drive an electric motor (kind of like freight trains cept without the diesel).

The university of rochester in california is building the worlds most powerful laser. They think shooting the laser at a target the size of a small pellet or BB will result in a huge release of energy so many times more than what the laser used to fire. I've been kind of following it ever since I first read it in popular science a long time ago.
http://www.llnl.gov/str/JulAug05/VanArsdall.html

If they are successful (or someone comes up with a way to produce electricity in such a way that they get more out than what is put in...), I could definitely see battery and motor electric cars.

And yea the whole cost of living and whatever is awesome for my generation. Along with social security. Pretty sad, the only social security I'll ever see in my life is a little over $200 from what my mom put into social security in her lifetime. (My sister gets a certain amount per month till she's 18). Sigh [rolleyes]
 


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