Gas Prices up to what?

High gas prices are not going away any time soon. Don't forget the weakening dollar equates to higher prices too. Plus, there's always a crank up for the summer driving season. And then there's the whole "peak oil" matter about how the supplies are just not going to be there as demand increases, and increases, and increases. And even with recent buzz over ethanol, Brazil and more domestic drilling, apparently that won't do much for the long term either. Time for mandatory improvements with mpg perhaps? How about solar panels on every roof too? Nothing much happening that I can see except a lot of money to be made still with oil. A LOT. Check out stocks like HP, RIG, DO, NE.

When we get crude to $200 by 2010, the estimate is $6 a gallon. Probably stop at $150 for a bit along the way in 2009. Heck, maybe even 2008, since we already made $126.
 
Sorry a litte off topic: I've been thinking of a scooter, I figure if prices stay around $3-4 dollars a gallon it would pay for its self in a ~4 years, even when factoring in insurance. If gas goes up, maybe 2-3 years.. More and more, 80mpg sounds better for little runs to the grocery store.
 
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Premium Gas Myth

J Kincaid mentioned the premium myth. Here is an article from the Quiktrip Corp about that myth. Its pretty cool how a convenient store company will tell you the truth about premium gas. Its not like they would make more money if people bought premium.

http://www.quiktrip.com/gasoline/myth.asp

I just bought a 03' 4runner for storm chasing and it costs over $70 to fill it up. I am still happy I bought the 4runner though. Its a sweet chase vehicle, but I must admit I am having to adjust to 20mpg vs. 33mpg I used to get in my old Hyundai Elantra.
 
Quiktrip is the best gas station on the planet, in my opinion. Their prices are not inflated, their product is awesome (never a ping from it), and they have everything you need in one spot. The only trouble with them is they are so wildly popular that people in KC do not get their gas anywhere else, so even though there are a lot of them, they are constantly packed. I end up getting gas at Costco too, just because there is what amounts to a good break for members.

A bike really isn't a bad idea ...

I have heard that property values in city centers are on the rise now due to fuel. Suburban homes, already feeling the crunch from a bad housing market, are now devaluing due to commute distance. I'm glad I bought the place I did now ... it's literally five minutes from downtown.
 
Sorry a litte off topic: I've been thinking of a scooter, I figure if prices stay around $3-4 dollars a gallon it would pay for its self in a ~4 years, even when factoring in insurance. If gas goes up, maybe 2-3 years.. More and more, 80mpg sounds better for little runs to the grocery store.

I will buy a 12 pack of the beer of choice for the first chaser to post a video of a CHASER on a scooter in a hail storm!! Remember that a 12 pack of beer is NOT worth dying over!!!! I need to be able to see a computer getting data!

This is a challange!!!
 
Buying premium gas is a waste of your money. It doesn't give you better gas mileage or make your car run any better...


Actually the LS2 motor in my GTO specifically requires 93 octane. It will run on a lower grade, but the computer will adjust the timing to prevent pinging. I bought it when gas prices were considerably less than what they are now. It still gets better mileage than what my V6 Ranger achieved. As long as I can afford to drive the damn thing, I'm keeping it.
 
I don't know, i as just in AR, TN and MS this weekend. Prices down there are 40 cents cheaper then here in chicago area! Its all about taxes on the gas! That counts for some of the price!
 
A while back a few of my online friends did some checks with difference in premium vs unleaded. They actually got better gas mileage with the premium with the 04+ ford F150's. So price wise they broke a bit better than even in miles per dollar. That being said, I run a performance tuner in my F150 so I have to run the good stuff. Seriously speaking, the price difference between the grades isn't that bad, maybe $4 more for my truck. And $4 isn't anything when it cost almost $100 to fill up from empty.
 
I am beginning to seriously consider purchasing an older 4 cylinder, 5 speed econo car, i.e. Corolla, Civic, Sentra etc. here in the next few weeks for my long distance chases. Here is my reasoning behind that.
My daily driver and current chase vehicle is a 1998 Subaru Forester, which I bought in February. With a 4 cylinder and 4 speed auto it's getting 25 mpg on long highway trips, which is pretty good considering it's an AWD suv. It costs me right around $50 to fill up the 16 gallon tank at $3.55 a gallon (currently the average price here in eastern Colorado/western Kansas, give or take five cents) and with a typical range in the 300 to 350 mile range, a typical 900 mile chase will cost me right around $150 in gas, or $75 if somebody rides along with me.
Now, if I picked up an old 4 cylinder 5 speed Civic, for example, I could get an older one in relatively decent shape for well under $2k. I would only take out liability on it, which would be dirt cheap for a 10+ year old economy car, even with me being an 18 year old male driver. And where its so old, if it gets beat up by hail, oh well, who cares.
If I was getting 35 mpg with that, figuring a 350 mile range on a 10 gallon tank, I would only be shelling out $35 per fillup instead of $50, and a typical 900 mile chase would set me back a 'mere' $105, or $52 if someone rides with me and we split costs, an average savings of $45 for solo chases and $23 for non-solo chases.
If I chased solo five times and non-solo five times the rest of this chase season (say from today to September), if I was driving my Forester @ 25mpg, it would cost me $750 and $375 in gas, respectivley, for a total of $1,125 in gas.
If I was driving the example Civic @ 35 mpg, it would cost me $525 and $260, respectively, for a total of $785 in gas, resulting in a not insignificant $340 in savings over driving the Forester. If I give $2k for the car, the car will have paid for between 7/8ths and 1/4th of itself in one chase season, and if gas stays in the general neighborhood of $3.50 to $4.00 for the next few years, it will have completely paid for itself in fuel savings in 6 chase seasons. However, in the unfortunate likelihood that gas goes higher than that, the car could very well pay for itself in fuel savings in as little as 3 chase seasons.:eek:
Not to mention I will be putting significantly less wear and tear on my Forester, which I've already put 6,000 miles on in he 3 months I've owned it:o

It really is a very practical proposition when you think about it. The trick is to find one that's been very well maintenanced - otherwise, the costs of keeping it on the road may vastly outweigh the fuel savings. I'm scouring Craigslist like a hawk, taking my time looking for the proverbial little old lady who can't drive her immaculately maintained old 4 cylinder Corolla/Civic/Cavalier anymore and wants it out of her driveway for a song...:D
 
I wouldn't recommend a Sentra... I have one and it seems to be built pretty crappily and I have had a few problems. Not with chasing jsut maintenence issues here and there. I do get fairly decent mileage when things are in working order but as you say I would think unless it was EXTREMELY well maintained the maintenence cost would outweigh the fuel savings.
 
A bike really isn't a bad idea.

I bought a one-owner 1988 Honda Shadow VT1100C back in 2002. Granted, an 1100 isn't the most economical displacement (and it does require premium gas), but the bike will get between 40-50mpg if I lay off the throttle. I use it around town a bunch when weather permits and my working van isn't required; a couple of different-sized backpacks are perfect for light shopping and errand running. Breaking it down, I can make about 100 miles on $10 worth of premium, while the van would require about $36 worth of regular for the same distance.

Now if I can just get the other drivers to see it a little better...
 
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