So that you can have cheaper prices 10-15 years from now? Cool, let's get started pisssing away the environment then!
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| Well, It looks like the cost diff is up to 30%... http://www.lostjeeps.com/forum/phpBB3/viewtopic.php?f=5&t=30616 |
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| Author: | DarbyWalters [ Sun Mar 16, 2008 11:21 pm ] |
| Post subject: | Well, It looks like the cost diff is up to 30%... |
For now it looks like our advantage in mpg has been negated by fuel costs...it is up to 30% diffence now...I still like the drive of the CRD better than the 3.7L...and I think it will swing back the other way soon enuff. |
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| Author: | geordi [ Sun Mar 16, 2008 11:58 pm ] |
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It will have to. The truckers won't put up with this BS for long. One friend of mine who does short hauls in Ky said that his rig has to do 4 runs in a day for the truck to be profitable, if it only makes 3, the business is in the hole $90 on that rig. The problem... That 4th run only means it is in the black by $10 each day. This is not a sustainable situation, period. Fuel prices or whatever, something is gonna have to give, and I suspect its gonna be messy when it does. |
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| Author: | RTStabler51 [ Mon Mar 17, 2008 12:02 am ] |
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I wish they'd tell the commie pinkos to STFU and build more refineries and drill off the coast and Alaska! |
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| Author: | geordi [ Mon Mar 17, 2008 12:12 am ] |
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So that you can have cheaper prices 10-15 years from now? Cool, let's get started pisssing away the environment then!
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| Author: | Bonehead [ Mon Mar 17, 2008 12:26 am ] |
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| Author: | DarbyWalters [ Mon Mar 17, 2008 1:09 am ] |
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Let's keep it civil in here! There are many reasons for the price rise... The days of cheap fuel are over...we in the US had a longer ride than most. Whoever is to blame, it is the individual that will most likely have to figure out their own personal situation. I added a 50cc 2 stroke to the mix...120+ mpg...it has raised my combined city mpg to well over 32mpg (varies until I get more fillups/time on both). The scoot only costs me $.026 per mile to operate at todays fuel prices. The CRD is about $.181. I figured the return of my investment was better than the stock market. |
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| Author: | Endurance [ Mon Mar 17, 2008 1:10 am ] |
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I cant stress it enough, europe europe europe. They are laughing about our fuel prices here and are setting a good example at the same time. Funny thing is, the people that complain the most drive a $50k Yukon that gets 12mpg instead of a $22k Jetta TDI that gets 50mpg. |
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| Author: | Threeweight [ Mon Mar 17, 2008 2:05 am ] |
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From those commie pinko's at The Economist magazine... 
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| Author: | Reflex [ Mon Mar 17, 2008 3:39 am ] |
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I'm not sure about you guys, but out here RUG is $3.50 and diesel is $3.99, which means its still a savings overall. It would have to be $4.55 to negate the diesel advantage, which is still a ways off I hope... |
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| Author: | Joe Romas [ Mon Mar 17, 2008 7:21 am ] |
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Reflex wrote: I'm not sure about you guys, but out here RUG is $3.50 and diesel is $3.99, which means its still a savings overall. It would have to be $4.55 to negate the diesel advantage, which is still a ways off I hope...
I rarely agree with you but here the price for RUL is $3.39 and highest Diesel was $4.19 so 1.30 times $3.39 is $4.407 So yes we're not there yet! Additionally my difference between my 3 past Cherokees with the 4.0L gassers in my driving is about 40% better 
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| Author: | fastRob [ Mon Mar 17, 2008 9:51 am ] |
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DarbyWalters wrote: .......................................................................I added a 50cc 2 stroke to the mix...120+ mpg...it has raised my combined city mpg to well over 32mpg (varies until I get more fillups/time on both). The scoot only costs me $.026 per mile to operate at todays fuel prices. The CRD is about $.181. I figured the return of my investment was better than the stock market.
DarbyWalters, Please explain the addition of 2 stroke oil, is that to a scooter or the CRD? R |
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| Author: | retmil46 [ Mon Mar 17, 2008 10:35 am ] |
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From what I've seen on the other forums over the weekend, one other reason for the price disparity between RUG and diesel, and why crude and gas inventories are going up while diesel and distillate inventories are going down, is that we're exporting diesel in the midst of all this. Europe has less need for gas, being close to 50% diesel, so their excess gets dumped on our market. Along with lower demand thanks to the economy, and current crude prices only giving refiners a little over $2/barrel profit on gas, that's why refinery capacity is throttled back to the low 80's percentage wise - our refineries are still geared primarily toward gas - and gas inventories continue to go up. At the same time, the profit margin on a barrel of diesel is over $20. It's in greater demand over in Europe where it can fetch a higher price, and our diesel is somewhat cheaper than their domestic production. End result is a good bit of our diesel inventory ends up getting bought by European traders and exported to Europe. I've seen several reports on other forums from people in the Southeast that live near large scale biodiesel refineries. When talking with their delivery drivers about where their product was being shipped, the lion's share of their output was destined for the nearest port and shipment to Europe. |
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| Author: | bhysjulien [ Mon Mar 17, 2008 1:48 pm ] |
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On our recent trip to ND I spoke with several friends that work in the oil field. For those that didn't know ND is going through an oil boom because of the high fuel prices. Anyway, they have found a pool of oil in ND called the Bakken reserve (sp?). It is supposed to have the same amount of oil in it as Saudi Arabia. It is also supposed to be sweet crude. They are also looking at building 2 refineries in the state so they don't have to build a pipeline or ship it long distances. I have no idea how accurate any of this is. This is what I was told by the guys in the field. |
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| Author: | Pote [ Mon Mar 17, 2008 3:12 pm ] |
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sorry double tap post |
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| Author: | Pote [ Mon Mar 17, 2008 3:14 pm ] |
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bhysjulien wrote: On our recent trip to ND I spoke with several friends that work in the oil field. For those that didn't know ND is going through an oil boom because of the high fuel prices. Anyway, they have found a pool of oil in ND called the Bakken reserve (sp?). It is supposed to have the same amount of oil in it as Saudi Arabia. It is also supposed to be sweet crude. They are also looking at building 2 refineries in the state so they don't have to build a pipeline or ship it long distances. I have no idea how accurate any of this is. This is what I was told by the guys in the field.
http://www.nextenergynews.com/news1/nex ... 2.13s.html MAN O MAN...SOUNDS PROMISING FOR SURE!!!! COME ON ND, SD AND MONTANA...be the oil heroes of the century!!!! |
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| Author: | vtdog [ Mon Mar 17, 2008 3:21 pm ] |
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I know this will not make anyone feel better, but I was just in Sweden and noted that the approx cost of a gallon of diesel worked out to about $ 8.10 /per gallon. My local shop jumped up from 3.79 to 4.01 in the week I was away. |
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| Author: | ATXKJ [ Mon Mar 17, 2008 3:26 pm ] |
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also about $100/barrel - shale oil starts being viable http://www.fossil.energy.gov/programs/reserves/publications/Pubs-NPR/40010-373.pdf ~a trillion barrel reserve - |
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| Author: | chrispitude [ Mon Mar 17, 2008 7:16 pm ] |
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Northeastern PA RUG: $3.17/gal #2: $4.09/gal These are the cheapest prices I could find within 30 miles of my house. - Chris |
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| Author: | Endurance [ Mon Mar 17, 2008 7:55 pm ] |
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chrispitude wrote: Northeastern PA
RUG: $3.17/gal #2: $4.09/gal These are the cheapest prices I could find within 30 miles of my house. - Chris 
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| Author: | retmil46 [ Tue Mar 18, 2008 3:07 am ] |
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bhysjulien wrote: On our recent trip to ND I spoke with several friends that work in the oil field. For those that didn't know ND is going through an oil boom because of the high fuel prices. Anyway, they have found a pool of oil in ND called the Bakken reserve (sp?). It is supposed to have the same amount of oil in it as Saudi Arabia. It is also supposed to be sweet crude. They are also looking at building 2 refineries in the state so they don't have to build a pipeline or ship it long distances. I have no idea how accurate any of this is. This is what I was told by the guys in the field.
Well, paint me with red and white stripes and call me a barber pole - apparently those guys you talked with weren't BS'ing you. Did a Google search on the Bakken Formation, and found reports from the NDGS and USGS that backs it up. Oil companies are already buying up land for the mineral rights in ND, MT, and Canada over this formation. One oil company is already planning 300 wells in MT alone. And from looking at the data, if you throw in the Canadian side as well, the estimates go up to 400 to 500 billion barrels - two Saudi Arabia's. Now the real question - how much is recoverable, and what price does crude have to be at for it to be economical? |
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