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  #226 (permalink)  
Old 05-22-2008
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RON98 price was already about 1.4 euro per liter last year,
crude oil price has jumped but currency exchange is taming it somehow... for how long?
Hiro
ps: next chart shows crude oil price increase; upper curve is price in US$; lower curve is in euro.
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File Type: png oilprice.png (23.4 KB, 27 views)
  #227 (permalink)  
Old 05-22-2008
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When I was traveling through South Carolina to and from Carlisle, it was $3.55
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  #228 (permalink)  
Old 05-22-2008
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€ 0.59 / litre we can only dream of that eh hiro

its €1.6 /L
$6.08 / us gall here atm
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  #229 (permalink)  
Old 05-22-2008
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Originally Posted by baz View Post
€ 0.59 / litre we can only dream of that eh hiro

its €1.6 /L
$6.08 / us gall here atm
yes Baz!
such a nice price would solve all my racing problems this year:
roughly I have to choose between towing my trailer+race car or run the race car on the track...
Hiro
  #230 (permalink)  
Old 05-22-2008
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Originally Posted by Hiro View Post
yes Baz!
such a nice price would solve all my racing problems this year:
roughly I have to choose between towing my trailer+race car or run the race car on the track...
Hiro
Funny thing Hiro, here I can buy C16 racing fuel (117 octane) for about $10.50 per US gallon. But 5 years ago I could buy the same stuff for +/-$5 per gallon! So I think this is what hurts a lot of my friends who travel far to race, now they need to pay 'racing fuel prices' for their towing rigs!
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Jan. 3, 1984 - Jan. 3, 2009, that's 25 years of this damn Opelitis!

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  #231 (permalink)  
Old 05-22-2008
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House passes bill to sue OPEC over oil prices

Suing OPEC doesn't make sense. OPEC's "monopoly" forces world oil trade to be denominated in dollars. If OPEC should move off the dollar peg due to U.S. sanctions, the U.S. economy would be screwed even worse at this point.

Originally Posted by GTJIM View Post
The 'best' way to bring gas prices down is to stop buying it.
I see the only solution being the elimination of the Federal Reserve (a private cartel—NOT part of the U.S. government). Then return to the People/Congress the power to create money. That would immediately end the devaluation of our currency, directly responsible for the escalation of gas prices.
  #232 (permalink)  
Old 05-22-2008
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Originally Posted by RallyBob View Post
Funny thing Hiro, here I can buy C16 racing fuel (117 octane) for about $10.50 per US gallon. But 5 years ago I could buy the same stuff for +/-$5 per gallon! So I think this is what hurts a lot of my friends who travel far to race, now they need to pay 'racing fuel prices' for their towing rigs!

that's still a very good price for 117 octane fuel Bob!
quick math for a GP race week-end here: 100l for towing + 100l on the track = 300 euros...

trying to lower the towing cost using 50% E85,
and trying to setup my Megasquirt to use some 20-25% of E85 in my race car for "club track events",
where actual WOT time is less than during a vintage GP race.

on the other hand I understand that everybody complains about fuel price increase,
here this week we had fisherman blocade because they can't pay their fuel bills anymore,
and expecting much more trouble if truckers join the move...
as we said in France just 40 years ago "spring will be warm" (was the motto of may 1968 riots)
  #233 (permalink)  
Old 05-22-2008
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AN ENGINEERING MASTER PIECE

During the construction phase......

Dubai ,United Arab Emirates








All finished. Notice the size of the palm trees outside.......... Can you guess what it is ???

Remember, this is in the middle of the desert.... The very HOT desert where temperatures get up to 120 degrees.....



Unbelievable!

But true.....

It is a self contained Ski Resort.......................The INSIDE view:


















Why is gasoline $3.50 a gallon for regular unleaded?????? $4.039 here this morning!




So they can ski in the desert, that's why!

Are we stupid or what!
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  #234 (permalink)  
Old 05-23-2008
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Prepare yourself to pay the same amount as we here in Belgium.
7,95 $ / gallon
And if you look outside ; there are not less cars on the road then 2 years ago.

So, can we have now a free ski entrance for a lifetime
  #235 (permalink)  
Old 05-23-2008
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Diesel price at local Gulf, $5.159. So that is about 4.50/gallon for heating oil this winter
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  #236 (permalink)  
Old 05-23-2008
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Originally Posted by PROPEL View Post
House passes bill to sue OPEC over oil prices

Suing OPEC doesn't make sense. OPEC's "monopoly" forces world oil trade to be denominated in dollars. If OPEC should move off the dollar peg due to U.S. sanctions, the U.S. economy would be screwed even worse at this point.



I see the only solution being the elimination of the Federal Reserve (a private cartel—NOT part of the U.S. government). Then return to the People/Congress the power to create money. That would immediately end the devaluation of our currency, directly responsible for the escalation of gas prices.

it could just be all those tanks and humvees running round iraq burning all the oil up thats keeping the price up where you are , here its mostly tax , around 80% of what we pay is tax
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save praying to God for sunday
today we pray to Nike and run like hell

  #237 (permalink)  
Old 05-23-2008
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Lack of ....

BALLS!

In the 'good ole days' of Gunboat Diplomancy, when the Empire was threatened by over-charging WOGS to British just hauled off with a couple of Navy ships and lobbed a shell or two into the appropriate capital city ...

Now it would only take a very small nuke in the right place to bring the gougers to their senses.

Neither Obama (nor Clinton!) would do it ... but perhaps McCain is tough enough ??

... or am I under-estimating Hilary.
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Last edited by GTJIM; 05-23-2008 at 09:31 AM.
  #238 (permalink)  
Old 05-23-2008
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Originally Posted by baz View Post
it could just be all those tanks and humvees running round iraq burning all the oil up thats keeping the price up where you are , here its mostly tax , around 80% of what we pay is tax
That is very true in a sense, Baz. But the system works like this...

The U.S. government gets its financial backing by asking the Federal Reserve banking cartel for "money" in order to finance its wars of empire. The Fed then creates this "money" out of thin air (no intrinsic value backing it), LOANS that paper to the government, and then charges the government a usury INTEREST FEE for the privilege. The government has no way to repay the Fed on its own, except by taxing the American people and their future generations.

Meanwhile, all these additional fiat dollars, conjured out of thin air, go into circulation and cause the value of the U.S. monetary unit to depreciate. Inflation means that we get less goods for the same money. And of course, since the price of oil is tied to the devaluing dollar, the situation is exacerbated.

It's a vicious cycle!

War Abroad, Poverty at Home

Last edited by PROPEL; 05-23-2008 at 04:09 PM. Reason: Editorial newslink added
  #239 (permalink)  
Old 05-23-2008
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Ugh. Gassed up my car this morning. I've been driving like a little old lady to try to conserve fuel.

New prices at the pump in New Hartford, Connecticut today:

87 - $4.17
89 - $4.37
93 - $4.47

Diesel is well over $5 per gallon. Heating oil almost there too...

Bob
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'Bei dem Kerl ist Genie und Wahnsinn auch nah beieinander.
Alles würde ich dem nicht nachmachen, aber er bringt einen auf neue Ideen/Sichtweisen'

...that's the nicest thing anyone has said about me all year

Jan. 3, 1984 - Jan. 3, 2009, that's 25 years of this damn Opelitis!

C.R.L. 9/22/69 - 12/8/99
J.M.L. 3/3/43 - 6/15/04
  #240 (permalink)  
Old 05-23-2008
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Higher and higher, apparently!

REUTERS: Think oil prices hurt now? Just wait.

OPEC: Oil market is going 'crazy'

Last edited by PROPEL; 05-23-2008 at 04:11 PM. Reason: OPEC newslink added
  #241 (permalink)  
Old 05-24-2008
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I passed a Mobil station in Canton, CT yesterday (the one just East of the NAPA store, Bob) and saw 93 at $4.66

I picked up my son at school in New Hampshire this week and saw 93 at $3.92...
  #242 (permalink)  
Old 05-24-2008
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Jim, I don't see how provoking a war will solve the oil situation. It just pisses off the rest of the world. We're supposed to be setting a good example. We don't want military powers thinking like that, so we go stop them when they try. Or try to stop them, I should say. Seems like it fails every time now because we won't use the force necessary to get the job done. I predict we will surrender in Iraq soon and let them work it out themselves. So all we accomplished was getting rid of Saddam. Wasn't worth it, huh?
Personally I'd rather we just "claim" Iraq and make it the most formidable military base in the world. And be ready to extend it into Iran. But it won't ever happen. The majority of those citizens don't want to live a peaceful, happy life. It's not how they were brought up, and who are we to change that?
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  #243 (permalink)  
Old 05-24-2008
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Iraq Iran???????

Those two countries on their own had not so much to do with this mess, anyway we could overthrow and occupy those countries and be right back where we are now with the corporations taking over the oil fields and shoving the oil pipe straight up our rears again!!!!!
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  #244 (permalink)  
Old 05-24-2008
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No kidding. I wouldn't expect ANYTHING could bring the price back down. At this point I haven't heard of anyone being angry enough about the price to actually want to do something about it. How many people, really now, have cut their use in half since the price doubled? So, why would an oil company want to reduce the price even if their cost for crude went down?
The price of gas doesn't worry me. It is diesel fuel that gets the job done. The price of everything we need to survive will have to increase as drastically as the cost of the fuel to produce and ship it.
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No Opels were harmed in the filming of this movie.
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  #245 (permalink)  
Old 05-24-2008
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Jeff,
You are absolutely correct about the price of diesel!!!! Those big rigs move damn near everything we need to exist....... Our pain is coming on the horizon!!!
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  #246 (permalink)  
Old 05-24-2008