Pages

Showing posts with label Oil company bastards. Show all posts
Showing posts with label Oil company bastards. Show all posts

Sunday, 8 April 2012

Gas prices from San Diego to Las Vegas

In Vegas it's $3.89 for the 87 octane,  which is all I buy for my Veloster.
In Primm Nevada, about 15 miles from Vegas it's $4.35
In San Diego its $4.29

There is no reason to pay for 89 or 91 unless you get someone to prove to you that the cheapest gas you can buy will damage your engine. If you have a Ferrari, congrats, and pay for the most expensive gas you can get someone to sell you. If you have a 13.5 to 1 compression racing hemi, yup, you'll need some 110 octane. For all the normal cars sold by the big 5 car makers, GM, Ford, VW, Toyota, Honda, you won't need to waste the money on 91 octane. If you know otherwise, feel free to inform me and the other readers, we would like to know how 87 will damage your engine, and 91 won't.

It turns out that a lot of people are impressed with the horsepower measurements their car can achieve on high octane... hell, my 426 runs strictly on 100 octane low lead avgas, and the hp numbers are cool as hell, but new cars with computers will automatically adjust the timing to keep it from pinging when you use less than the highest octane sold at gas pumps. You don't get the same hp, because the timing is backed off from the most performance settings level, but who needs an extra 20 hp at the grocery store parking lot? When you are driving on the freeway at near the speedlimit? You only need the highest performance abilities from your engine when racing, so stop wasting money on 91 octane. It's your income, waste it anyway you want. 

Read more...

Tuesday, 24 May 2011

Oil price per barrel is down 15%. Gas isn't. Proof that refineries, oil companies, or gas station owners are taking advantage

What ever happened to cause oil to plummet to 37 dollars a barrel 2 years ago? What can't that happen again? Gas was 1.90 a gallon when oil was 37.

When oil tripled in price per barrel, gas didn't.

Makes no sense to me

Read more...

Tuesday, 17 February 2009

Oil Price vs. Gas Price

The reason for the obvious discrepancy between the trends in the cost of a barrel of crude oil and a gallon of gas, it turns out is due to a discrepancy between where our gas comes from and where the crude oil used as the national benchmark is produced.
The price of a barrel of crude oil often quoted in the media comes from West Texas Intermediate. It is set at the New York Mercantile Exchange, according to the Associated Press.Right now, in an unusual market trend, West Texas crude is selling for much less than inferior grades of crude from other places around the world. A severe economic downturn has left U.S. storage facilities brimming with it, sending prices for the premium crude to five-year lows.
The recession in America has dramatically cut demand for crude oil, and inventories are piling up. So prices for West Texas crude have fallen well below what oil costs from places like the North Sea, Saudi Arabia and South America.
That foreign oil sells in some cases for $10 more per barrel - and that doesn't even include shipping.
http://www.dunndailyrecord.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=104695
Vince agrees: http://www.rightsidenews.com/200902163689/editorial/what-we-are-not-told-about-oil-prices.html


I was listenting to AM1070 news radio yesterday and the expert they interviewed said the reason for gas going up steadily, while oil prices have been steady around $34-40 for the past week, is that refineries have forced the price up, by cutting back on production. From the usual 90% to a low 80%. So much for getting cheap gas from cheap oil
http://seekingalpha.com/article/109516-oil-price-vs-gas-price-is-1-a-gallon-realistic

Oil prices have become extraordinarily volatile because the March contract expires Friday. That means anyone in possession of a contract must find a place to store the oil in a few weeks.
That has become more difficult each week, with U.S. crude storage hitting 82-week highs, yet some traders say there is no rational for the volatility of this market.
Crude prices fell another 11 percent last week.
http://www.msnbc.msn.com/id/12400801/

Or read all about it, and get really educated here: http://www.wikinvest.com/concept/Oil_Prices

Read more...

  © Blogger templates The Professional Template by Ourblogtemplates.com 2008

Back to TOP