crude hits $53 per barrel - Mercedes-Benz Forum

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 18 (permalink) Old 10-07-2004, 02:19 PM Thread Starter
BenzWorld Member
 
djugurba's Avatar
 
Date registered: Oct 2002
Vehicle: '85 300TD
Location: Cape Cod
Posts: 244
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
(Thread Starter)
crude hits $53 per barrel

Holy moly, glad I live in the south. Can't blame this on the hurricanes, folks, as it is right in the same trend line as it was moving prior to the stormy weather. Bad policy, bad diplomacy, bad economics, and bad theory of energy future. Are WV voters going to buy his 'we're pursuing clean coal technology' bs this time?

'85 300TD Pastel Beige
361,500 miles and counting
djugurba is offline  
Sponsored Links
Advertisement
 
post #2 of 18 (permalink) Old 10-07-2004, 09:38 PM
BenzWorld Elite
 
tiggerfink's Avatar
 
Date registered: May 2004
Vehicle: 2004 SL500 2002 SLK320
Location: TN USA
Posts: 1,672
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
RE: crude hits $53 per barrel

TAX is the reason why gas cost so much.


http://www.wtrg.com/prices.htm

2002 SLK320
2004 SL500
tiggerfink is offline  
post #3 of 18 (permalink) Old 10-07-2004, 10:51 PM
BenzWorld Elite
 
wbain's Avatar
 
Date registered: Dec 2003
Vehicle: 1965 220S, 1999 Volvo V70 (wagon), 2006 Ford Crown Vic Police Interceptor, 72 350SL 4 Speed
Location: Near Manassas Va.
Posts: 1,830
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
RE: crude hits $53 per barrel

There are several reasons that oil is so high. There is reduced refining capacity in the US. Several refineries have burned and have not been replaced. There are many different gas additive requirements in the US, called boutique fuels, so the cost of gasoline has risen because of it. Increased demand due to lower mileage trucks and SUV's.

One thing about higher prices, people will drive less and buy more fuel efficient cars. There will also be more oil since drilling will increase due to the higher price.

Near Manassas Va. '65 220S, 2006 Ford Crown Victoria Police Interceptor, '99 Volvo V70, '72 350SL 4 speed

Not part of the in-crowd since 1952. It's BRAKES not breaks. You break a bone, use brakes to stop your car. /rant

http://www.megamanual.com/index.html
http://www.bgsoflex.com/megasquirt.html
wbain is offline  
post #4 of 18 (permalink) Old 10-07-2004, 11:07 PM
BenzWorld Elite
 
tiggerfink's Avatar
 
Date registered: May 2004
Vehicle: 2004 SL500 2002 SLK320
Location: TN USA
Posts: 1,672
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
RE: crude hits $53 per barrel

I understand but gas is about the same cost in the early eighties. In my area, the government is adding about a dollar tax to every gallon. That is why gas cost more in some areas. In my area, premium gas cost about $2.02 at Exxon.


2002 SLK320
2004 SL500
tiggerfink is offline  
post #5 of 18 (permalink) Old 10-08-2004, 06:48 PM Thread Starter
BenzWorld Member
 
djugurba's Avatar
 
Date registered: Oct 2002
Vehicle: '85 300TD
Location: Cape Cod
Posts: 244
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
(Thread Starter)
RE: crude hits $53 per barrel

Quote:
tiggerfink - 10/7/2004 11:38 PM

TAX is the reason why gas cost so much.


http://www.wtrg.com/prices.htm
"Update in Progress. Last update 10/19/2002"
great data... a bit old don't we think? this site makes the case even more clear that W's policies have contributed to this meteoric rise in prices.

'85 300TD Pastel Beige
361,500 miles and counting
djugurba is offline  
post #6 of 18 (permalink) Old 10-08-2004, 06:52 PM
BenzWorld Elite
 
FeelTheLove's Avatar
 
Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Posts: 28,829
Mentioned: 0 Post(s)
Quoted: 8 Post(s)
RE: crude hits $53 per barrel

Going up a buck a day is also pretty unusual for crude. Its a seller's market of historical proportions. I would not be surprised if it hits 60$ at the end of the week. For people who complain about the taxes, do you think those roads you are driving on fix themselves for free? Most transportation taxes are well spent. If I had my way we'd add another dollar to it to pay for a space-shot style program to get off the stuff.
FeelTheLove is offline  
post #7 of 18 (permalink) Old 10-08-2004, 08:20 PM
BenzWorld Member
 
Usual Suspect's Avatar
 
Date registered: Sep 2004
Vehicle: W126
Location: West Coast
Posts: 90
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
RE: crude hits $53 per barrel

Quote:
kvining - 10/8/2004 8:52 PM

Going up a buck a day is also pretty unusual for crude. Its a seller's market of historical proportions. I would not be surprised if it hits 60$ at the end of the week. For people who complain about the taxes, do you think those roads you are driving on fix themselves for free? Most transportation taxes are well spent. If I had my way we'd add another dollar to it to pay for a space-shot style program to get off the stuff.
Hell, I'd pay another 5 or 6 bucks a gallon gladly (I don't drive much) if I knew the money was going to a program that would develop other sources of energy.
Usual Suspect is offline  
post #8 of 18 (permalink) Old 10-08-2004, 09:02 PM
BenzWorld Junior Member
 
w126's Avatar
 
Date registered: Sep 2004
Posts: 40
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
RE: crude hits $53 per barrel

I don't see a rush to buy hybrids. Long live the dinosaur.
w126 is offline  
post #9 of 18 (permalink) Old 10-09-2004, 01:55 PM
BenzWorld Member
 
Plantman's Avatar
 
Date registered: Sep 2004
Vehicle: 1987 SDL 333K
Location: Miami, Florida
Posts: 66
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
RE: crude hits $53 per barrel

Quote:
w126 - 10/8/2004 11:02 PM

I don't see a rush to buy hybrids. Long live the dinosaur.
Go into a local honda dealer and check out the waiting list for the Hybrid Civic. It's a couple of months at least.

As long as the soccer moms can continue to use their credit cards to fill up the needless SUV, they'll be happy.

Our country has had the most forecloures in history as well as bankruptcies over the last 12-18 months.

Oooops! That's another topic. Hijacked my own post.
Plantman is offline  
post #10 of 18 (permalink) Old 10-09-2004, 07:26 PM
BenzWorld Member
 
Date registered: Oct 2003
Vehicle: 2 each 95 E300, 98 E300, 05 E320 wagon
Location: middle GA USA
Posts: 57
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
RE: crude hits $53 per barrel

I feel between here and $100/barrel the big SUV is taking it's last gasp [xx(] and thankfully so. I would support $5/gallon fuel if it went towards a well thought out plan to get off the stuff.

Have ya'll noticed the prices of early 80's 300TD turbo diesel wagons on ebay? They are appreciating pretty good.
engatwork is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Posting Rules  
    You may post new threads
    You may 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 On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome