Gasoline-- how much where YOU are??
- Thread starter sdkid
- Start date
IReallyLikePizza2
Known around here
Having no Ethanol is not worth the price increase unless your car calls for Premium. Your car does not care, and other things will break far quicker than your fuel system just from having a little Ethanol in it
Lots of bad information about Ethanol, mostly from people leaving for for way too long, in unmaintained, cheap equipment
Price here
Lots of bad information about Ethanol, mostly from people leaving for for way too long, in unmaintained, cheap equipment
Price here
Fuel charge for airline shipment, increase from 28.25% at Jan, and now is 46.75%, here is FEDEX send to us. For example, the shipment price is 1000usd, and now have to pay 180usd more fuel charge！
I'm skeptical that the hemp diesel "will run on every diesel engine ever manufactured". It might run the engine for a while, but I suspect that on current engines the injectors and all the pollution crap (DPF, EGR valve, etc) will get fouled or damaged without the exact fuel they were designed for. I can believe the hemp diesel would work great in older engines without computers and pollution junk.
I filled up for $3.54 today (regular grade) but admittedly that was at Costco. "Normal" stations seem to be running between $3.75 and $3.89 here currently.
mat200
IPCT Contributor
- Jan 17, 2017
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Gas up folks, .. the Oil Shockwave is still coming ..
Tons of Tankers coming to the USA to fill up, and the USA may not be able to have enough to fill them all up right away
Can't wait for that Keystone XL pipeline project to finish up .. oh no, what do you mean it was Cancelled by Biden ?!?!?
Tons of Tankers coming to the USA to fill up, and the USA may not be able to have enough to fill them all up right away
Can't wait for that Keystone XL pipeline project to finish up .. oh no, what do you mean it was Cancelled by Biden ?!?!?
mat200
IPCT Contributor
- Jan 17, 2017
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Looks like gas buddy will need to adjust their scale on this map soon .. or else it will all be yellow soon
IReallyLikePizza2
Known around here
I don't know much about the oil market, but to me that sounds like alarmist clickbaity news
I could be 100% wrong, though
I could be 100% wrong, though
mat200
IPCT Contributor
- Jan 17, 2017
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Watch the video @IReallyLikePizza2 .. Sal knows shipping well and he's not an alarmist. Been following him since Covid times and he's done a great job of it.
I try to avoid the emotional alarmist stuff as much as I can
IReallyLikePizza2
Known around here
Watched the whole video and it doesn't really make sense, he "quantifies" his statement by showing a chart of how much we typically export and assumes thats the max for some unknown reason. He did not back up any of his statements about how much oil we can load. He says "Maybe we can go to 5mbls a day" but what is that based on? He backed all of that up with nothing and its the main point of the video
He also bases a lot of his points on the infographic in the start of the video, which even he admins is completely uncredited. He also says we export all that fracking oil because we can't refine it (True) and then says if we are pulling oil away from the united states we will see higher gas prices
That point contradicts itself, and oil is a global commodity which is why this is a problem in the first place, so it makes absolutely zero sense that we would see higher oil prices in the USA because of selling more oil. He then says because its a global market. Huh?
Really not much if any info in that video, unless I've completely missed the plot.
Chevron is making good money, but don’t count on them to send you a rebate check
I paid $4.50 for regular at Costco Saturday. Filled the van up even though it had half a tank, just in case. It's a plug-in hybrid so I will get 1,000 miles between fills. The other cars are EV.
IReallyLikePizza2
Known around here
Maybe a dividend check... Well, it would be nice to have some insider information...
From the comments on X... I wonder if this is true, or if Donald is telling the truth when he states "we have more than we need"...
Secretary Wright...
Which is why it makes sense to send as much as we can to other countries. Simple logic.
The US is hedged fairly well against both high and low oil prices. When prices go high, our domestic production sells high, but we pay more at the pump. When prices go low, our domestic production diminishes and is less valuable, but we pay less at the pump. It's the non-producers that are completely at the mercy of the market and supply.
Next time petrol is back at $2.50/gallon, buy oil company stocks. When prices go back you can look at your portfolio go up instead of seeing all your money deplete at the pump.
Pacifica hybrid. Chrysler stopped selling them a couple months ago.
The first hybrid should have been an F150. We're 25 years late on that, and a decade late on a plug-in version.
Next time petrol is back at $2.50/gallon, buy oil company stocks. When prices go back you can look at your portfolio go up instead of seeing all your money deplete at the pump.
Pacifica hybrid. Chrysler stopped selling them a couple months ago.
The first hybrid should have been an F150. We're 25 years late on that, and a decade late on a plug-in version.
mat200
IPCT Contributor
- Jan 17, 2017
- 18,745
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Oil also comes in different quality ..
US is short of the heavy stuff we need
US Fracking produces a lot of the lighter Oil ( and as a result a ton of NatGas .. so US NatGas super cheap compared to what the EU pays )
US refineries need the heavier oil to run their systems
