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Gas prices reach all-time highFollow

#1 May 22 2007 at 5:25 AM Rating: Excellent
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Even adjusted for inflation, gasoline prices have reached an all time high in the United States.
The Trib wrote:
At $3.21.9 per gallon, the average price of regular-grade gasoline in the United States today reached an all-time high, matching, after inflation is taken into account, a peak reached in the early 1980s.
No serious point aside from that, now when people say "Yeah, but if you compare it to the late 70's...", it's still higher.
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#2 May 22 2007 at 5:30 AM Rating: Good
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Despite the fact that there have been a number of studies done to show that increases in gas prices have nothing to do with limited refinery capacity or the events of hurricane katrina I am blind in my faith that it is merely the reult of supply and demand in our free market system!

Everything is alright. Or so I am told!
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#3 May 22 2007 at 5:35 AM Rating: Good
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Aww, pickles. Smiley: mad
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#4 May 22 2007 at 5:37 AM Rating: Decent
$3.29 as of this morning at the station down the block from me in Des Moines. I suppose over 10 billion in profit just isn't enough money.

Got me looking at a hybrid pretty intensely.

Edited, May 22nd 2007 8:39am by Kaelesh
#5 May 22 2007 at 5:45 AM Rating: Good
Unless you haven't had to make car payments for a LONG time, or have an EXTREMLY ineffiencient gas guzzler, buying a new car just to save money on gas is generally not a smart financial move.

Buying a new hybrid car just to save money on gas can be even worse. The cost of ownership can be the same or higher as normal vehicles.

Edmund's research results Because it's always good to post the first link you find on Google!

Personally, if my car wasn't almost paid off, (i.e. if I still owed $9K + on it) I would sell it and buy a Honda Fit, but since I only owe $2k on my car, it doesn't make sense to lock myself into longer payments, when I'll be done with my car payments in a couple of months.

Edited, May 22nd 2007 9:48am by Frakkor
#6 May 22 2007 at 5:48 AM Rating: Decent
Mr.Katie has been researching a company that switches motors from gas to hydrogen. All in all it would cost us about 3K or so but we are thinking it would be worth it. He and some guys he works with have been tinkering in the garage with creating an engine that runs off of hydrogen. So far it's on a small scale but they are doing it.
#7 May 22 2007 at 5:49 AM Rating: Good
You could buy a lot of gas for 3K. How long would you have to drive the hydrogen vehicle to start seeing the benifit of lower fuel costs?

What about maintenance to the enginge? If something needed to be replaced/fixed, how expensive are the parts? How quickly can it be repaired?



Edited, May 22nd 2007 9:50am by Frakkor
#8 May 22 2007 at 5:51 AM Rating: Decent
Mr.Katie being a mechanic by profession would decrease the amount of money we'd have to pay to fix any break downs. Seeing as it would pretty much run off of distilled water I'd say we'd make our money back in a very short time.



Also on the topic of cost, can you really put a price on the environment? Being able to run an efficient engine with out adding more harmful gases to the environment is awesome in my thoughts.

Edited, May 22nd 2007 8:58am by Katie
#9 May 22 2007 at 5:56 AM Rating: Decent
Frakkor wrote:
Unless you haven't had to make car payments for a LONG time, or have an EXTREMLY ineffiencient gas guzzler, buying a new car just to save money on gas is generally not a smart financial move.

Buying a new hybrid car just to save money on gas can be even worse. The cost of ownership can be the same or higher as normal vehicles.

Edmund's research results Because it's always good to post the first link you find on Google!

Personally, if my car wasn't almost paid off, (i.e. if I still owed $9K + on it) I would sell it and buy a Honda Fit, but since I only owe $2k on my car, it doesn't make sense to lock myself into longer payments, when I'll be done with my car payments in a couple of months.

Edited, May 22nd 2007 9:48am by Frakkor


Currently, I don't even own a car and The wife-to-be and myself are shopping for a new one to replace her worn to hell 96' Cavalier (long since payed for). We drive an extra 400 miles every other weekend and the cost of gas is starting to equal a new car payment.

I'll take 50 mpg to 25 anyday of the week.
#10 May 22 2007 at 5:58 AM Rating: Good
I bet it's longer than you think. How much is a gallon of distilled water in Texas. In MI, it's about $2.19, only about $1.00 cheaper than a gallon of gas. Considering an inital investment of $3,000, that's a hell of a lot of water you have to run to be able to break even on the change.

Especially, being an experimental engine, even given that your husband is a mechanic, there will still be considerable cost in parts and labor.

I'm not trying to discourage you on the deal, just trying to make a point, that trying to go green to save money, doesn't always save as much as you would like, or think.


My car is a flex fuel vehicle, I'd love to run E85 in it all of the time, but my gas mileage on E85 is about 15 - 20% less than on regular gas (the energy output of ethanol is less than gasoline). Since E85 doesn't cost 15 - 20% less (until gas reaches about $4.50), I'll continue to run gasoline.
#11 May 22 2007 at 5:59 AM Rating: Decent
Unless we can learn to breathe money, I think the cost is minimal.
#12 May 22 2007 at 6:00 AM Rating: Good
Kaelesh wrote:
Frakkor wrote:
Unless you haven't had to make car payments for a LONG time, or have an EXTREMLY ineffiencient gas guzzler, buying a new car just to save money on gas is generally not a smart financial move.

Buying a new hybrid car just to save money on gas can be even worse. The cost of ownership can be the same or higher as normal vehicles.

Edmund's research results Because it's always good to post the first link you find on Google!

Personally, if my car wasn't almost paid off, (i.e. if I still owed $9K + on it) I would sell it and buy a Honda Fit, but since I only owe $2k on my car, it doesn't make sense to lock myself into longer payments, when I'll be done with my car payments in a couple of months.

Edited, May 22nd 2007 9:48am by Frakkor


Currently, I don't even own a car and The wife-to-be and myself are shopping for a new one to replace her worn to hell 96' Cavalier (long since payed for). We drive an extra 400 miles every other weekend and the cost of gas is starting to equal a new car payment.

I'll take 50 mpg to 25 anyday of the week.


Hence the disclaimer at the top. In your case it would be a smart move. I've seen people at work sell a car that was just paid off, bought a new Honda Civic hybrid (for approx $26,000), now have car payments for another 5 years, and are saving about $25 a week in gas money. That to me, is not a smart move.
#13 May 22 2007 at 6:03 AM Rating: Good
The One and Only Katie wrote:
Unless we can learn to breathe money, I think the cost is minimal.


The cost of converting and running your vehicle doesn't change.
#14 May 22 2007 at 6:05 AM Rating: Decent
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Got me looking at a hybrid pretty intensely.


Coming from a left wing nutjob like me this will sound strange but...

Current generation hybrids are a scam. From a real world MPG and emissions standpoint they offer virtually no advantage over less complicated cheaper more feature rich gas powered equivalents. If you were *actually* looking to save money on fuel, and not concerned about image or whatnot, you'd be vastly better off getting a turbodisel. A Jetta TDI gets about the same gas mileage in real world use as a Prius, is far far far more drivable and cheaper to maintain and has a lot more utility.

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#15 May 22 2007 at 6:06 AM Rating: Decent
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Mr.Katie has been researching a company that switches motors from gas to hydrogen. All in all it would cost us about 3K or so but we are thinking it would be worth it. He and some guys he works with have been tinkering in the garage with creating an engine that runs off of hydrogen. So far it's on a small scale but they are doing it.


Tell him I know a guy with a perpetual motion machine he should invest in.

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Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#16 May 22 2007 at 6:15 AM Rating: Excellent
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We have a Prius at work as one of the checkout cars. Aside from an ingrained animosity I have towards that car because it is too damned small, it drives ok. And it does save fuel costs. The main issue we've had with it is that it is a maintenance hog. Particularily the oil system. For some reason that keeps failing at inopertune moments. That, and batteries have a finite lifespan. Eventually that massive battery bank will need swapped out. Thats not going to be cheap.
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#17 May 22 2007 at 6:18 AM Rating: Excellent
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I nearly bought a Civic hybrid, but I couldn't afford the additional cost, even taking into account the savings on gas.

I wish they'd make a hummer the size of a mini cooper. That would be great. Maybe I should just buy a powerwheels. Hmmm...

Nexa
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#18 May 22 2007 at 6:36 AM Rating: Excellent
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I guess I will just continue to suffer economically while enjoying the drive.
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#19 May 22 2007 at 6:48 AM Rating: Excellent
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Frakkor wrote:
I bet it's longer than you think. How much is a gallon of distilled water in Texas. In MI, it's about $2.19, only about $1.00 cheaper than a gallon of gas. Considering an inital investment of $3,000, that's a hell of a lot of water you have to run to be able to break even on the change.

Especially, being an experimental engine, even given that your husband is a mechanic, there will still be considerable cost in parts and labor.

I'm not trying to discourage you on the deal, just trying to make a point, that trying to go green to save money, doesn't always save as much as you would like, or think.


My car is a flex fuel vehicle, I'd love to run E85 in it all of the time, but my gas mileage on E85 is about 15 - 20% less than on regular gas (the energy output of ethanol is less than gasoline). Since E85 doesn't cost 15 - 20% less (until gas reaches about $4.50), I'll continue to run gasoline.


Distilled water can probably be bought in bulk for much cheaper. If you are looking at a jug of distilled water you are paying a lot for packaging. What if you were able to buy 5 gallons at once?

I've always hated the arguement "but gas is cheaper than water!" when people compare gas to a 500mL bottle of water. Compare the gas you pump to the water you get out of your tap by cost, then come try and ***** to me.

Yes, I know what comes out of your tap isn't distilled but buying in bulk would considerably lower the cost.
#20 May 22 2007 at 6:52 AM Rating: Excellent
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I always thought the "Gas is cheaper than [Liquid]" argument was stupid solely because my car doesn't run on cola/milk/orange juice/Windex/etc so the price of those isn't really relevant to me in the context of my car.
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#21 May 22 2007 at 6:58 AM Rating: Good
Nizdaar wrote:
Frakkor wrote:
I bet it's longer than you think. How much is a gallon of distilled water in Texas. In MI, it's about $2.19, only about $1.00 cheaper than a gallon of gas. Considering an inital investment of $3,000, that's a hell of a lot of water you have to run to be able to break even on the change.

Especially, being an experimental engine, even given that your husband is a mechanic, there will still be considerable cost in parts and labor.

I'm not trying to discourage you on the deal, just trying to make a point, that trying to go green to save money, doesn't always save as much as you would like, or think.


My car is a flex fuel vehicle, I'd love to run E85 in it all of the time, but my gas mileage on E85 is about 15 - 20% less than on regular gas (the energy output of ethanol is less than gasoline). Since E85 doesn't cost 15 - 20% less (until gas reaches about $4.50), I'll continue to run gasoline.


Distilled water can probably be bought in bulk for much cheaper. If you are looking at a jug of distilled water you are paying a lot for packaging. What if you were able to buy 5 gallons at once?

I've always hated the arguement "but gas is cheaper than water!" when people compare gas to a 500mL bottle of water. Compare the gas you pump to the water you get out of your tap by cost, then come try and ***** to me.

Yes, I know what comes out of your tap isn't distilled but buying in bulk would considerably lower the cost.


I wasn't arguing that gas is cheaper than water, actually I stated that water is cheaper than gas.

I WAS arguing that spending thousands of dollars to "upgrade" your vehicle to an experimental engine system on the premise of saving money was ridiculous.

Now, if the person you are arguing against, decides to go back and say "it's not the money it's the envrionment, why do you hate the environment?", that just tells me that I win, and I can go eat my lunch with a smile on my face :)
#22 May 22 2007 at 7:02 AM Rating: Decent
Obviously Mr. Katie and his friends have been reading Popular Science way to damn much this month with way to much beer.



#23 May 22 2007 at 7:05 AM Rating: Good
Has anyone considered CNG? I looked into this and if I had a certian class of vehicle, the government would have paid for the conversion. The only con is that there is only 1 CNG refill station in each of the cities around here, so I'd have to install a home-low-volume-overnight refilling station at home. For long trips, the car would just have to run on regular unleaded gas.
#24 May 22 2007 at 7:10 AM Rating: Decent
Frakkor wrote:
Nizdaar wrote:
Frakkor wrote:
I bet it's longer than you think. How much is a gallon of distilled water in Texas. In MI, it's about $2.19, only about $1.00 cheaper than a gallon of gas. Considering an inital investment of $3,000, that's a hell of a lot of water you have to run to be able to break even on the change.

Especially, being an experimental engine, even given that your husband is a mechanic, there will still be considerable cost in parts and labor.

I'm not trying to discourage you on the deal, just trying to make a point, that trying to go green to save money, doesn't always save as much as you would like, or think.


My car is a flex fuel vehicle, I'd love to run E85 in it all of the time, but my gas mileage on E85 is about 15 - 20% less than on regular gas (the energy output of ethanol is less than gasoline). Since E85 doesn't cost 15 - 20% less (until gas reaches about $4.50), I'll continue to run gasoline.


Distilled water can probably be bought in bulk for much cheaper. If you are looking at a jug of distilled water you are paying a lot for packaging. What if you were able to buy 5 gallons at once?

I've always hated the arguement "but gas is cheaper than water!" when people compare gas to a 500mL bottle of water. Compare the gas you pump to the water you get out of your tap by cost, then come try and ***** to me.

Yes, I know what comes out of your tap isn't distilled but buying in bulk would considerably lower the cost.


I wasn't arguing that gas is cheaper than water, actually I stated that water is cheaper than gas.

I WAS arguing that spending thousands of dollars to "upgrade" your vehicle to an experimental engine system on the premise of saving money was ridiculous.

Now, if the person you are arguing against, decides to go back and say "it's not the money it's the envrionment, why do you hate the environment?", that just tells me that I win, and I can go eat my lunch with a smile on my face :)



I for one think it is a bigger issue than most people believe. We recycle and I try to make sure I buy recycled items when I can but this is another larger step that I think more people should make. I would rather pay more and know that I'm doing my part to help the environment than to pay less and ignore the bigger picture.
#25 May 22 2007 at 7:21 AM Rating: Good
This isn't going to help the matter.
#26 May 22 2007 at 7:57 AM Rating: Good
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You guys can't be serious. Paying an extra 30 cents for a gallon isn't breaking any budgets, especially when you consider many people don't bat an eyelash at paying $3.75 for a cup of coffee at Starbucks.

All this talk about gas prices is just so much whining. Curtail your Lotto ticket expenditures and the money you save will more than make up for the price of gasoline.

Moreover, the price of gas is directly tied to the gubbmint's taxes on it. If you did the same to milk, for example, a gallon of Da-iry's wonder elixer would be well over six bucks. Add to it that the Speaker of the House who has been complaining loudly of price gouging, yet steadfastly refuses to allow offshore drilling off California's coast or development of the ANWAR oilfields, it is just silly.

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