PDA

View Full Version : Gas prices? Expert says 12-15 per? Wow!


w7wv
05-22-2008, 09:47 AM
A so called expert this AM on the Today Show says we can expect $12-15 per gallon for gas?
Instead of bank robberies it will be filling stations or hi jacking of tankers?
Where is all of this going to end? So many are really hurting with the increases in prices for everything.

W6DCS
05-22-2008, 11:58 AM
Tanker hi-jackings - reminds me of the 70's. At some point it will be 12-15 a gallon, the question is when, could be in the next few years, could take a few decades. Depends on supply/demand, and if someone finally decides to address the issue, and come up with an alternative that is cost effective and works. Fuel is only one of many products made from crude, so if it does increase, most other products will increase because of the fuel to deliver it, fuel used to manufacture it, and of course the packaging, and if any of the contents of the actual item contain a by-product.

Radio
05-22-2008, 07:12 PM
On the way home from work I noted cars lined up in gas stations with prices at $4.05 for regular. Guess they figured the $12 prices would be here in the next day or two. Sure am glad I have a carpool buddy!

N7OQ
05-22-2008, 08:05 PM
Long before it got to this price I would have build a still and would have converted my automobiles over to alcohol. I would only be able to camp with in the distance a tank full would get me there and back. Sure glad I work close to home now.

KB5LJE
05-22-2008, 10:01 PM
Well my office is across the hall from my bed, The wife is out of work in 3 months, My golf cart can make it the grocery store and back on a full charge.

Let the sad times begin and I will save the gas for camping.


Mike

w7wv
05-23-2008, 09:44 AM
A friend just reported Diesel fuel is $5.05 at Clear Lake, CA where he just pulled in for a long weekend.

Vette Racer
05-23-2008, 05:30 PM
You know, I probably shouldn't feel this way (be careful what you wish for and all that) but right now I'd just as soon see it go all the way up to where ever, 20-30??? let this country and the politicians get a taste of things that would be a lot worse than the 20's depression ever thought about being. Then thing's might come back down to reality. I guess you can tell, I'm fed up!!!

N7OQ
05-23-2008, 06:33 PM
You know, I probably shouldn't feel this way (be careful what you wish for and all that) but right now I'd just as soon see it go all the way up to where ever, 20-30??? let this country and the politicians get a taste of things that would be a lot worse than the 20's depression ever thought about being. Then thing's might come back down to reality. I guess you can tell, I'm fed up!!!

Do you really wish that much suffering on this nation? I would not wish this on any nation.

w7wv
05-23-2008, 07:47 PM
I would not want to.
My Father and Mother both lived through it as farming families and in some ways being on family farms they had it better than most.

Vette Racer
05-23-2008, 07:54 PM
Do you really wish that much suffering on this nation? I would not wish this on any nation.You know, I probably don't, but then, I'm sick of all this run up in prices and something has to change, this cannot go on! Either inflation has to follow with income increases or something else has to happen. It cannot continue to go the way it is now. Most of us working people have to keep ourselves in somewhat equal conditions or else.

I guess on the other side, we can spend more time at home talking on our radio's, better get that base station ready and forget the mobile!;)

w7wv
05-23-2008, 08:05 PM
Hey the prices are not helping those of us that are retired on fixed incomes either.:(
I suppose that someone has enough money that this rapid inflation for everything is not hurting them but I don't run in those circles so I don't know any. :D

W6DCS
05-24-2008, 01:41 AM
The high prices don't help anyone. Something needs to be done. We can build all the new refineries we want, drill anywhere there is oil to be found, but at some point our kids or grandkids will be in the same boat we are in now. We need to have an Energy Plan that includes short term and long term fixes. One of the biggest problems with oil prices today is how much they are affected by politics, weather, and demand. It is sad to think crude can jump $1.00 a barrel because someone used the decorator soap in the bathroom instead of the regular bar under the sink.

radiow6lar
05-24-2008, 07:58 PM
The wife and I spent last weekend in the local mountains. Elevation at 6800 ft and with our Golden Passport it was dry camping at $10 per night. I don't mind it a bit as its only about 35 minutes from home. We stayed 4 nights and went over to Big Bear Lake three times. There is water and with my solar and EU2000 we don't hurt for power. Gas for the total trip cost me about $75. The wife asked me how bad that was I said compared to driving and staying in a Motel plus food it was a bargain. So there ya go. Looks like we will be going mostly local most of the rest of this year.

I do have one good thing to happen and that is I was moved at work closer to home. I had been paying about $80 per week for gas to get there. Now I pick up a company truck less than a mile away. But I get to ride my restored 1976 Vespa scooter to work at 85 mpg. So for that I can say to the oil companies... :bleh: I will be taking it along on trips to do the run arounds too. Every little bit helps I guess..

Larry

w7wv
05-25-2008, 07:50 AM
Likewise our full timing plans do not call to travel everyday or in long segments. We may only cover 300-500 miles and then stop and stay a a month or more at a time.
Our tow car gets 35-40 reliably so we should be fine.
Yes the budget for fuel has to go up in planning but considering all the other items that have gone up too fuel is just part the total picture.
I can remember years ago planning on full timing in retirement. We estimated then that fuel could hit $1.50 per gallon while we were on the road. :D
Times are changing! And it's like anything else in life we just have to make adjustments.

wana camp
05-27-2008, 08:38 PM
One thought here. If we see (4-5 or 8) oil, with the 08-09 heating season, there wont be a Christmas! or any thing else. I will be buying food and heating fuel ONLY. This will be a Third world Country!
Sorry, but some thing needs to change soon or else.

W6DCS
05-27-2008, 11:09 PM
One thought here. If we see (4-5 or 8) oil, with the 08-09 heating season, there wont be a Christmas! or any thing else. I will be buying food and heating fuel ONLY. This will be a Third world Country!
Sorry, but some thing needs to change soon or else.

There are some that did that last winter, and will probably have be choosing between warmth and heating fuel this winter and a meal. If you think the economy is bad now, wait until that happens. Wages are not keeping up with the increases in what we pay for day to day needs.
I am not on a fixed budget, but I am also salaried so there is no overtime. I know what the DW and I make, and we are in the ever shrinking middle class. To go where we wanted to we budgeted $5, then $6 bucks a gallon for fuel this year, but are starting to look at next year and what it might be then. For those that say sell the RV, take a plane, rent a car, and get a room, all of those are increasing also as their costs have skyrocketed. I will keep RV'ing, but next year probably closer to home, longer stays, less driving, and try to make adjustments in the budget to accommodate the soaring fuel costs.
I was wanting an MKIIG this year, but won't be buying one. I will keep using the radios in my sig until they die, then look for a used rig to replace it with.

Radio
05-28-2008, 08:12 AM
You guys have been great about keeping politics out of this thread.

What a wonderful bunch we have at ORR.net!

Carry on!

w7wv
05-28-2008, 08:49 AM
You know when the first gas crisis hit in my life in the 1970s I took a big loss on our first MH that was about 2 years old.
Seems to me that when gas went up some $.35 we sold it.
The problem is that we like RVing and have always found a way to do it even if it meant sacrificing something else.
We are selling our home that we set up for our retirement so we can travel full time when it does sell.
To me that's a pretty heavy sacrifice to make but we have to do it to accomplish our goals.

W6DCS
05-28-2008, 01:27 PM
I remember the lines, odd/even days, and hope history does not repeat itself, unless of course it would drop the price down a buck or two. I will trim from the budget because there is nothing like setting up camp and just relaxing, no blackberry, no laptop, but of course a radio just in case I feel the need.

N7OQ
05-28-2008, 11:42 PM
It has changed our plans, we have dropped a long trip for more shorter trips this year. The thing that worries me the most is not how much I have to pay for gas,(I can adjust for that ) but how much the truckers have to pay for Diesel. Even if you ride a bike and don't use any gas at all you will still pay with higher, groceries, TV's, radios, clothes etc etc. We should have gotten off this oil thing in the 70's when we had the first fake oil shortage. I really hope we all weather this storm and things get better soon. I'm totally ready for a new source of fuel.

k3mp
05-30-2008, 11:54 AM
Let's talk diesel.... I bought a 2004 Duramax 4 years ago to pull my 5'er....fuel was just a little over 2.50/gal then.just put only 10.08 gallons in the truck last night and it was $50.00, (4.94 gal) that would take me about 100 miles towing can't even get across the state of Pa for less than $100.00 anymore...put almost 40K towing in the 5 years that I have my 5'er, but this year we will take a break and save up for next year...and like most said it will be shorter trips and longer stays...there are many Army Corp of Engineering campgrounds that are great and reasonable..lets enjoy the state and fed parks...you know that the private campgrounds will have to raise rates also...Everyone have a nice summer

wa8yxm
05-30-2008, 07:25 PM
Another expert says we have peaked

And the Government is now investigating to see if there is some shady dealing going on
(DUH, You bet)

KC1BUD
06-06-2008, 11:09 AM
The real sad thing is that if we could drill here in this country, according to the experts, we would have over a 60 year supply without having to import oil. Long enough for them to work on and find alternatives.

Just in recent years they have found big fields in Alaska, Wyoming, and the Dakotas. This does't even count the gulf and both coasts. There is coal and coal shale that can be converted to gasoline that can extend this even further. Why are we in this mess??
What is happening in this country when it comes to energy independence is almost treasonous.

W6DCS
06-06-2008, 04:59 PM
The latest is oil reached a new high, so either I will wake up in the morning and see higher prices or will by Monday. At this rate I won't be buying another rig for the truck this year if at all.

w7wv
06-06-2008, 07:51 PM
Well it's getting there!
Crude went down $3.77 the other day but I guess it was a fluke as it closed today at $139 per barrel setting yet another new record which will result in higher prices yet!
I am going to have to post a guard on my cars and RV pretty quick.
I hear they are using battery powered drills now to drill your locking cap or worse your hose to your tank or the tank itself.:mad:

KC1BUD
06-07-2008, 01:24 AM
Let's talk diesel.... I bought a 2004 Duramax 4 years ago to pull my 5'er....fuel was just a little over 2.50/gal then.just put only 10.08 gallons in the truck last night and it was $50.00, (4.94 gal) that would take me about 100 miles towing can't even get across the state of Pa for less than $100.00 anymore...put almost 40K towing in the 5 years that I have my 5'er, but this year we will take a break and save up for next year...and like most said it will be shorter trips and longer stays...there are many Army Corp of Engineering campgrounds that are great and reasonable..lets enjoy the state and fed parks...you know that the private campgrounds will have to raise rates also...Everyone have a nice summer

Part of the reason that diesel is higher than gasoline is the taxes are higher on diesel. The federal tax on Diesel is 24 cents and the federal tax on gasoline is 18 cents. That doesn't even take into account what the states tax levels are. someone in Washington didn't feel that it was right that diesel owners paid less than those that bought gasoline.

W6DCS
06-07-2008, 02:13 AM
The story I liked on the news was a gas station that raised the price at the pump 4 cents and hour for 10 hours today, for a total of 40 cents. What amazed the media - no fuel trucks delivered, so how come the price of what was already there was increasing.

w7wv
06-07-2008, 08:46 AM
Becuase they know you are coming! :confused:

TXiceman
06-07-2008, 05:59 PM
Tom, I know how you feel. I don't know what is controlling these prices...politicians claim it is the free market at work...I don;t think so...but it is sure messing with the world economy.

Just wait until you get your electric bills this summer to heap onto the already outrageous gasoline and diesel. I want to find a hole and crawl in.

Ken

w7wv
06-08-2008, 09:31 AM
OK, this AM the news says that the national average is just over $4 per gallon.
This is not helping the budget any :eek:

Richard Stouffer
06-08-2008, 09:39 AM
OK, hereís what I think:
There is a price level at which dramatic changes in consumption will begin significantly suppressing demand. I donít know what that number is. We have already cut back on RV trips and we bought a hybrid in January. But thatís not the type of change Iím talking about.
Maybe at $10 a gallon I mothball the RV and make do with one car instead of two and only use it when I canít get where Iím going without mass transportation. Maybe trucking companies will piggyback everything when diesel hit $10 and only use their trucks for local delivery.
But even if that happens all over the U.S. and we cut consumption by 50% it probably wonít be enough. Foreign countries will have to reach the point where they stop subsidizing the cost of oil for their citizens. When that, and a lot of other sensible conservation and good fiscal policy decision are made, we will see the influence of reduced demand.
Thatís one way it could happen, but there is also the chance that somewhere in the not too distant future average investors begin thinking that oil futures are a great way to get rich quick. When everybody starts to believe that, and we all bet the majority of our 401Kís on oil futures, two things will happen. First, there will be a significant, short term increase in the price of oil futures. Then the second phase begins: the speculators who started the run up start to harvest their yields by dumping everything they have into the 401K market. When the 401K investors realize whatís happening they panic and oil futures take a precipitous drop to say $8.00 a barrel. It will make the dot com bust look like a picnic.
So, do what you can to conserve, but also tell everybody you know to buy oil futures.