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post #1 of 45 (permalink) Old 05-07-2007, 01:46 PM Thread Starter
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it's a good thing i sold my car.

awesome...so i went to fill up my bike today and it was $3.53 for premium. ($3.33 for regular). then i come back to work to find this.

http://money.cnn.com/2007/05/07/news...rss_topstories

Get ready for $4 gasoline
With prices at record high, demand and refining problems could push them much higher. Any relief in sight?
By Steve Hargreaves, CNNMoney.com staff writer
May 7 2007: 1:40 PM EDT

NEW YORK (CNNMoney.com) -- With gas prices near record highs, experts say $4-a-gallon gasoline is just around the corner.

"I think it's going to happen," said Phil Flynn, a senior market analyst at Alaron Trading in Chicago. "Unless things change dramatically, I think we're going to see $4 a gallon."

Already, prices in California average $3.48 a gallon, according to the motorist organization AAA. And one service station in San Francisco was charging $3.95, according to GasBuddy.com, a handy site that lists the cheapest and most expensive gas stations by city and state across the country.

Refinery problems and strong demand are the two main reasons sited for the runup. Prices hit a record high of $3.07 a gallon, according to the Lundberg survey released Sunday.
The bad boys of oil

Refinery output in the U.S. has been below normal for several months now, after fires and other accidents combined with longer than normal maintenance shutdowns, hurting production.

Peter Beutel, an oil analyst at consulting firm Cameron Hanover, noted in a recent report that refineries have not operated above 95 percent capacity since Hurricanes Rita and Katrina in 2005. Before 2005, the refineries, clustered around the Gulf coast and badly damaged in the storms, routinely operated at over 95 percent capacity.

Flynn said gasoline stocks have fallen for the past twelve weeks straight and are now at their lowest level for this time of year since 1956.

This all comes just as the nation gears up for the summer driving season, spurred by vacationing families and students out of school.

Meanwhile, demand has shown no sign of easing. That's despite a nationwide average price of $3.07 a gallon for unleaded regular, a record, according to Trilby Lundberg, publisher of the Lundberg Survey of thousands of stations nationwide.

During the winter months gasoline demand grew at about 2.5 percent, according to the Energy Information Agency. Average demand growth is about 1.5 percent.

"More and more communities are going to see gasoline that approaches or exceeds $4 a gallon," John Kilduff, an energy analyst at Man Financial in New York, said recently. "Where we're currently at with prices, that's a given."
Behind high gas prices: The refinery crunch

But not everyone is so convinced.

Wholesale gasoline prices have fallen 20 cents over the last week and prices for gasoline futures on the New York Mercantile Exchange have lost about the same amount over two weeks, according to Tom Kloza, chief oil analyst at the Oil Price Information Service, which gathers statistics for AAA.

Kloza said gasoline prices as measured by AAA have not yet hit a record, clocking in at $3.04 a gallon Monday, two cents shy of the 2005 record.

"I'm not sure we're going to get there," said Kloza. "I wouldn't be surprised to see our numbers stay the same, or maybe even tick lower."

When inflation is factored in, Lundberg's record of $3.07 still trails the all-time high in March 1981. At the time, gasoline cost $1.35 a gallon - and in today's dollars, that's $3.13 a gallon, said Lundberg.

Also, Americans earn a lot more now than they did in the early 1980s, so by some measures what people spend now on gas is only half of what is used to be.

In 1980, the average American had to work 105 minutes to buy enough gas to drive the average car 100 miles, David Wyss, chief economist at Standard & Poor's, said in a study last year. By 2006, the average American needed to work only 52 minutes, thanks in part to better fuel efficiency but mostly due to higher wages.

It's also worth noting that while $4 gasoline would be a record for American motorists, in Europe it's common due to high taxes. The average price for a gallon of gas in the Netherlands is over $7, and it's over $6 in many European countries.

#910

"if i close my mind in fear, please pry it open. if my face becomes sincere beware.
when i start to come undone, stitch me together.
when you see me stretched remind me of what left this outlaw torn."
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post #2 of 45 (permalink) Old 05-07-2007, 01:54 PM
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Someone wasn't happy that the 40 billion mark wasn't passed (only a bag-lady 39.5 billion) in 2006 and they're going to reach it for 2007... The consumers and the economy be damned.

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post #3 of 45 (permalink) Old 05-07-2007, 01:54 PM
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agg, just filled the cage up today and it ran about $50. makes me sick thinking just a few months ago $32 filled her up.

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post #4 of 45 (permalink) Old 05-07-2007, 01:57 PM
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On an unrelated note, SUVs are bigger, more powerful and sales are better than ever.

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post #5 of 45 (permalink) Old 05-07-2007, 02:21 PM
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I guess it wouldn't hurt so much if wages went up accordingly with cost of living, but who am I kidding. They never will.

People take these things too seriously!
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post #6 of 45 (permalink) Old 05-07-2007, 02:41 PM
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I guess it wouldn't hurt so much if wages went up accordingly with cost of living, but who am I kidding. They never will.
sure they will, but then to make the cost approach justifiable they have to fire 2 people

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Watching the Cubs lose is the opposite of appreciating a fine wine ó itís like watching a car accident in progress. Itís horrifying, yet gruesomely riveting, and you canít help but watch and sympathize with the poor souls inside.
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coming to CLSB for relationship advice is like asking fat people in mcdonalds about nutrition.
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post #7 of 45 (permalink) Old 05-07-2007, 02:42 PM Thread Starter
d0 work s0n!
 
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Originally Posted by Silentalero View Post
agg, just filled the cage up today and it ran about $50. makes me sick thinking just a few months ago $32 filled her up.
for the bike???!?!? oh wait...

#910

"if i close my mind in fear, please pry it open. if my face becomes sincere beware.
when i start to come undone, stitch me together.
when you see me stretched remind me of what left this outlaw torn."
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post #8 of 45 (permalink) Old 05-07-2007, 02:44 PM
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Gas schmass, i like driving so i don't mind paying these prices. After all, i didn't get a V8 to get good mpg's, whiners.

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Originally Posted by G2G
No one says you have to get drunk everytime you drink.

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Isn't that like having sex and not finishing though?
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post #9 of 45 (permalink) Old 05-07-2007, 02:47 PM
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Gas schmass, i like driving so i don't mind paying these prices. After all, i didn't get a V8 to get good mpg's, whiners.
You must not have a sick commute - Mines about 25 miles each way... Chicago (wrigley) to downers grove and back 5 days a fuggen week. About 20-22 gallons a week of driving

Spending about 65-70 dollars a week in gas......

teets
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post #10 of 45 (permalink) Old 05-07-2007, 02:52 PM
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You must not have a sick commute - Mines about 25 miles each way... Chicago (wrigley) to downers grove and back 5 days a fuggen week. About 20-22 gallons a week of driving

Spending about 65-70 dollars a week in gas......
I fill up twice a week, $55-60 each time. I do a lot of random cruising also..

Quote:
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No one says you have to get drunk everytime you drink.

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Isn't that like having sex and not finishing though?
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post #11 of 45 (permalink) Old 05-07-2007, 02:53 PM Thread Starter
d0 work s0n!
 
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You must not have a sick commute - Mines about 25 miles each way... Chicago (wrigley) to downers grove and back 5 days a fuggen week. About 20-22 gallons a week of driving

Spending about 65-70 dollars a week in gas......
i had a similar commute a few months back to HP from wrigley but i got a new job, thank god. 50 miles a day would have cost me a fortune. even if i could afford it, i sure as shit don't want to pay that much for gas.

#910

"if i close my mind in fear, please pry it open. if my face becomes sincere beware.
when i start to come undone, stitch me together.
when you see me stretched remind me of what left this outlaw torn."
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post #12 of 45 (permalink) Old 05-07-2007, 03:05 PM
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You must not have a sick commute - Mines about 25 miles each way... Chicago (wrigley) to downers grove and back 5 days a fuggen week. About 20-22 gallons a week of driving

Spending about 65-70 dollars a week in gas......
You choose to live where you choose to live. You choose to work where you choose to work. And you choose to drive what you choose to drive.

I spend 65-70 a week on Ben and Jerry's ice cream because I choose to eat what I choose to eat.

"The man who makes me your enemy, it is he who be the guilty one....Here I abandoned peace and desecrated law; fortune it is you I follow. Farewell to treaties. From now on war is our judge!"
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post #13 of 45 (permalink) Old 05-07-2007, 03:08 PM
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My car now has spider webs all over it and bird poop all over the hood. Just like you guys winterize your bikes, I summerize my car. I haven't drivin a half a tank since March.

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"Ride it like you have 30 monthly remaining payments" should keep most people out of trouble.
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post #14 of 45 (permalink) Old 05-07-2007, 03:14 PM
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Ron, get rid of that car and get a stuntbike. Hell, i'll half it with you so we pratice and bust hi fives while doing standups on 41. Come on, i know you want to.

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No one says you have to get drunk everytime you drink.

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Isn't that like having sex and not finishing though?
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post #15 of 45 (permalink) Old 05-07-2007, 03:36 PM
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its all bullshit,

and I love how gas prices go up every friday before the weekend, Every summer when people are out, and EVery fucking holiday.


im getting to the point of boondock saints on petro.

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post #16 of 45 (permalink) Old 05-07-2007, 03:36 PM
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http://www.evtamerica.com/sco_z20.asp?ID=1

All electric, 45 MPH's and 45 miles on one charge. 8 cents a day to charge it.


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post #17 of 45 (permalink) Old 05-07-2007, 03:42 PM
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You choose to live where you choose to live. You choose to work where you choose to work. And you choose to drive what you choose to drive.

I spend 65-70 a week on Ben and Jerry's ice cream because I choose to eat what I choose to eat.
Yeah, can't argue with that... I could move to Downers but that would be gay. I tried to find a job in the city but I got this one first.

Oh well - guess I have to suck it up!

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post #18 of 45 (permalink) Old 05-07-2007, 03:44 PM
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http://www.evtamerica.com/sco_z20.asp?ID=1

All electric, 45 MPH's and 45 miles on one charge. 8 cents a day to charge it.

I wouldn't be caught dead on that thing.

Quote:
Originally Posted by G2G
No one says you have to get drunk everytime you drink.

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Originally Posted by Snoodles
Isn't that like having sex and not finishing though?
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post #19 of 45 (permalink) Old 05-07-2007, 03:46 PM
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I wouldn't be caught dead on that thing.
Ahh, come on. It's yellow, just like your CBR. Just throw that Mighty Mouse sticker on the fender and call it a day

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post #20 of 45 (permalink) Old 05-07-2007, 03:47 PM
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Yeah, can't argue with that... I could move to Downers but that would be gay. I tried to find a job in the city but I got this one first.

Oh well - guess I have to suck it up!
Hey, I live in Downers
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post #21 of 45 (permalink) Old 05-07-2007, 03:48 PM
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I wouldn't be caught dead on that thing.
I guess looking cool to you is more important than reducing our dependency on foreign oil?

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post #22 of 45 (permalink) Old 05-07-2007, 03:49 PM
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Hey, I live in Downers
downers is nice.

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post #23 of 45 (permalink) Old 05-07-2007, 03:52 PM
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I guess looking cool to you is more important than reducing our dependency on foreign oil?
Actually, if i was given a free one then i'd rock it, just fully geared though, or at least a lid. And that ain't even close to being as sexy as my RR!

Quote:
Originally Posted by G2G
No one says you have to get drunk everytime you drink.

Quote:
Originally Posted by Snoodles
Isn't that like having sex and not finishing though?
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post #24 of 45 (permalink) Old 05-07-2007, 04:02 PM
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for the bike???!?!? oh wait...

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Watching the Cubs lose is the opposite of appreciating a fine wine ó itís like watching a car accident in progress. Itís horrifying, yet gruesomely riveting, and you canít help but watch and sympathize with the poor souls inside.
Quote:
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coming to CLSB for relationship advice is like asking fat people in mcdonalds about nutrition.
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post #25 of 45 (permalink) Old 05-07-2007, 04:08 PM
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Hey, I live in Downers
Sorry, I guess I meant to say living in the 'burbs is gay I'm a city guy.. I like the hustle and bustle. If it makes you feel any better... if I had to live in a suburb of Chicago, Downers Grove would be in my top 5

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post #26 of 45 (permalink) Old 05-07-2007, 04:09 PM
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http://www.evtamerica.com/sco_z20.asp?ID=1

All electric, 45 MPH's and 45 miles on one charge. 8 cents a day to charge it.

I wish the US would sell Honda Wave mopeds. I have a 90CC 4 stroke model in Cambodia. $700 USD brand new. 2 liter gas tank. 5 speed clutchless transmission. You could feed it any cheap gas found in the country side. I asked my uncle when was the last time he changed the oil. He said why would I do that?

I rode that thing carrying YWBs going offroading, up mountains and shiet. But alas that would make too much sense in the US.

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post #27 of 45 (permalink) Old 05-07-2007, 04:14 PM
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Fock the price of gas. I ordered 3 tall cups of Starbucks vanilla lattes and it was $10+ closer to $11.

"The man who makes me your enemy, it is he who be the guilty one....Here I abandoned peace and desecrated law; fortune it is you I follow. Farewell to treaties. From now on war is our judge!"
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post #28 of 45 (permalink) Old 05-07-2007, 04:15 PM
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^ I agree.

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post #29 of 45 (permalink) Old 05-07-2007, 04:18 PM
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I commute from Rogers Park to Hoffman Estates in my gas guzzlin Toyota. I filled up today. It was almost $70 but it's cool because I'm making like $14 an hour.
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post #30 of 45 (permalink) Old 05-07-2007, 04:20 PM
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Fock the price of gas. I ordered 3 tall cups of Starbucks vanilla lattes and it was $10+ closer to $11.

Vanilla lattes taste like crap

teets
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