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Author Topic: GAS PRICES....WTH :angry:  (Read 9828 times)

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Thenasty

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GAS PRICES....WTH :angry:
« on: March 05, 2011, 10:24:10 am »
In the past 1-2 weeks, it climbed $.65+ and still climbing. It is now $3.25-$3.50 in Northern NJ.  :angry:

I hear that by Summer, it will be around $5.00+ a gallon.  :banghead:

For those who work and drive to work, We should get a RAISE TOO..................
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Re: GAS PRICES....WTH :angry:
« Reply #1 on: March 05, 2011, 11:01:43 am »
We still have relatively cheap prices in NJ so we shouldn't be too upset.  Be glad you're not in California or Hawaii.

EDIT:  Not to mention, the folks in Europe and much of the rest of the world will probably yell at us soon for our super cheap $3.50 gallons :)
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Re: GAS PRICES....WTH :angry:
« Reply #2 on: March 05, 2011, 11:08:49 am »
You want cheaper fuel prices?  Pressure the goverment and your local businesses to support alternative fuel sources. 

If you were driving an electric car you would be paying roughly 10-30 cents a "gallon".  ;)

The fact of the matter is, in terms of oil there are only like three companies in the world that actually pull a substancial amount of crude out of the ground and because they aren't owned by nice guys and aren't based in nice countries, you can pretty much expect gas prices to fluctuate on their whims. 

So the real solution isn't to complain about gas prices, it's to slowly but surely get the country converted over to alternative fuels. 


That being said, the federal goverment could be doing something to pressure the oil companies, but when gas is already 5 times as much in Europe it makes it hard to have any leverage.

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« Last Edit: March 05, 2011, 11:18:49 am by Thenasty »
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Re: GAS PRICES....WTH :angry:
« Reply #4 on: March 05, 2011, 11:18:41 am »
I work for Ford Motor Company. We are currently curtailing production because of the oil prices. Everyone in thier repsective countries need to contact their lawmakers and let them know how the price is affecting you. In the U.S.A., price speculators drive up the price here. A camel farts the wrong way in the middle east and the speculators drive the price up. Speculators dont even take delivery of the oil, they just buy, sell and trade it. A little know fact in Chicago, Illinois U.S.A., not one single oil speculator is a consumer of oil, ie; gasoline. they all use public transportation because they even say they wouldnt want to pay the price for gas. I will try to find a link to the story about the speculators. The U.S.A. gets 90% of its oil from Canada, Gulf of Mexico and South America. i dont know why we let the speculators drive the price up because of middle east turmoil. Those folks have been fighting for 1000 years and they are going to fight for the next 1000 years!

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Re: GAS PRICES....WTH :angry:
« Reply #5 on: March 05, 2011, 02:07:58 pm »
In the U.S.A., price speculators drive up the price here.

A camel farts the wrong way in the middle east and the speculators drive the price up.
The U.S.A. gets 90% of its oil from Canada, Gulf of Mexico and South America.
I dont know why we let the speculators drive the price up because of middle east turmoil.

FINALLY !!
Someone that "gets it"..... I was just explaining this to someone the other night.

The middle east BS is nothing more than an EXCUSE....don't let the news or any of these big companies ---That which is odiferous and causeth plants to grow--- ya.
When stuff like this happens I buy just what I need to get by for a few days, I never fill up when the prices are getting jacked up.
Why give them huge immediate profits over a "just because they can" scenario, buy less and make a point.
 :soapbox:
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Re: GAS PRICES....WTH :angry:
« Reply #6 on: March 05, 2011, 02:09:17 pm »
I support alternative energy where it makes sense, but the electric or hybrid vehicles are a ruse. To make fully electric cars a cost effective solution oil will have to be over $280 a barrel. At $2000 per kilowatt hour for batteries, these cars are just expensive. Currently the price of these vehicles is being subsidized by the combination of tax credits and incentives and the sale of traditional vehicles. It is unlikely that the full hybrid market will be around 5% (maybe as high as 7%) by 2020. Not enough to greatly impact the price or usage of traditional energy.



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Re: GAS PRICES....WTH :angry:
« Reply #7 on: March 05, 2011, 03:25:07 pm »
that's okay, my ridiculous city plans to implement a "no idling" by-law that prohibits running your vehicle for more than a few minutes without moving. some bull plop about clean air.

I say if you want to pay for/supplement my gas, fine, but when I pay for it, I'll burn it all I likes.

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Re: GAS PRICES....WTH :angry:
« Reply #8 on: March 05, 2011, 04:56:08 pm »
that's okay, my ridiculous city plans to implement a "no idling" by-law that prohibits running your vehicle for more than a few minutes without moving. some bull plop about clean air.

Well that's plain ridiculous.... you burn less and pollute less at idle.  ::)
(just another excuse to write you a ticket I guess)
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Re: GAS PRICES....WTH :angry:
« Reply #9 on: March 05, 2011, 06:32:12 pm »
Lol...remember gas prices in 2007/2008 and all the talk about "alternative energy" then the price went down a bit and the talk stopped...we have the technology but obviously not the will as long as certain people are involved ;)
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Re: GAS PRICES....WTH :angry:
« Reply #10 on: March 05, 2011, 09:17:35 pm »
Quote
Well that's plain ridiculous.... you burn less and pollute less at idle. 
(just another excuse to write you a ticket I guess)

well this is from the same city who, when catches you speeding or running a red light, takes your picture and mails you a bill.

saying nothing about the person who might be actually criminally responsible for it (your sister or mother borrows your vehicle for instance)

cops who now don't have to pull cars over, should have the time to reduce city crime to absolute zero. HA!  ::)

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Re: GAS PRICES....WTH :angry:
« Reply #11 on: March 05, 2011, 09:53:32 pm »
We still have relatively cheap prices in NJ so we shouldn't be too upset.  Be glad you're not in California or Hawaii.

EDIT:  Not to mention, the folks in Europe and much of the rest of the world will probably yell at us soon for our super cheap $3.50 gallons :)

heard on the radio yesterday the highest price found in the UK this week was equivalent to £6.75/ $11.20 a gallon, with a fuel duty rise due in a month it'll be close to £7.40/ $12 in some parts
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Re: GAS PRICES....WTH :angry:
« Reply #12 on: March 05, 2011, 11:04:01 pm »
In the U.S.A., price speculators drive up the price here.

A camel farts the wrong way in the middle east and the speculators drive the price up.
The U.S.A. gets 90% of its oil from Canada, Gulf of Mexico and South America.
I dont know why we let the speculators drive the price up because of middle east turmoil.

FINALLY !!
Someone that "gets it"..... I was just explaining this to someone the other night.

The middle east BS is nothing more than an EXCUSE....don't let the news or any of these big companies ---That which is odiferous and causeth plants to grow--- ya.
When stuff like this happens I buy just what I need to get by for a few days, I never fill up when the prices are getting jacked up.
Why give them huge immediate profits over a "just because they can" scenario, buy less and make a point.
 :soapbox:

I 'have to get it'. My lively hood is directly tied to the price of oil.

As for the V6 ecoboost, Dearborn Truck Plant cant make enough of them. They havent made a V8 in over a month (Kansas City is making those). So far, rave reviews from all the critics and supposedly GM has something similar on the way.

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Re: GAS PRICES....WTH :angry:
« Reply #13 on: March 06, 2011, 07:02:44 pm »
No matter the cost its always better to pay out the nose for foreign oil & NEVER drill for our own.

It makes certain that when the war shifts from sugar (past) to oil (present) to water (future) WE WIN.

Count yourself lucky that for just a few extra $0.25 or $9.85 per gallon we are able to steal the future of the countries dumb enough to export a non renewable resource. Be thankful we are wealthy enough to NOT use our own, save our future, secure our power & actually have the ability to buy imported oil.

People complain how we have put future American citizen's in debt but truth be told the future generations are the ones with all the wealth. Look at the Saudi's for example, its just a few rich "royals" in Bently's whoring out their own country's resources while sharing NOTHING with its citizens which reside in a country with no true global power/wealth (gold & military).

Notice how the countries that send us their oil have no real gold reserves or military?

Canada, Mexico, Saudi where are your fighter jets, aircraft carriers, bajillion nukes, military, oil reserves, space satellites, forced assisted democracies & untapped oil fields/waters? You might have a few but you aint got ---steaming pile of meadow muffin--- on us my friends  >:D

So next time you ---smurfette--- about gas prices just know each gallon you pay for ensures your grandkids can go to Whole Foods driving a hummer (while working @ Monsanto LOL)

Look @ Baku got for selling their future to rich Americans



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Re: GAS PRICES....WTH :angry:
« Reply #14 on: March 06, 2011, 10:50:08 pm »
So next time you ---smurfette--- about gas prices just know each gallon you pay for ensures your grandkids can go to Whole Foods driving a hummer (while working @ Monsanto LOL)

Isnt that an oxymoron statement? Whole Foods/monsanto since monsanto is a big seed manufacturer that changes the bio-genetics of the seeds?

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Re: GAS PRICES....WTH :angry:
« Reply #15 on: March 07, 2011, 02:51:41 am »
I love people saying its soo smart to buy electric cars, cos it's cheat to drive cos of no gas needed  ::)
Still gotta plug it into a socket when you get home, and raise the electrics bill ALOT! :D

Either way

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Re: GAS PRICES....WTH :angry:
« Reply #16 on: March 07, 2011, 04:03:02 am »
The appartment I live at has outlets to plug your car in during the winter(you know being ccccannnnadddda) I'm guessing its part of the buildings electrical...

So...

I guess I could plug in for free. :D

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Re: GAS PRICES....WTH :angry:
« Reply #17 on: March 07, 2011, 06:01:15 am »
The appartment I live at has outlets to plug your car in during the winter(you know being ccccannnnadddda) I'm guessing its part of the buildings electrical...

So...

I guess I could plug in for free. :D

Sure can! :P

Btw, im in norway.. Pretty much the same freeze up here! =D

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Re: GAS PRICES....WTH :angry:
« Reply #18 on: March 07, 2011, 06:02:08 pm »
... your grandkids can go to Whole Foods driving a hummer...

Will it be classic car restoration?  ;D :laugh2:

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Re: GAS PRICES....WTH :angry:
« Reply #19 on: March 07, 2011, 07:03:43 pm »
So next time you ---smurfette--- about gas prices just know each gallon you pay for ensures your grandkids can go to Whole Foods driving a hummer (while working @ Monsanto LOL)

Isnt that an oxymoron statement? Whole Foods/monsanto since monsanto is a big seed manufacturer that changes the bio-genetics of the seeds?

Fordman

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Good point Dillion, lets assume Chevy reissues Hummers in the future  :angel:
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Re: GAS PRICES....WTH :angry:
« Reply #20 on: March 07, 2011, 08:23:45 pm »
GM sold the Hummer Brand a couple of years ago...

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Re: GAS PRICES....WTH :angry:
« Reply #21 on: March 07, 2011, 09:24:41 pm »
Sold it, or scrapped it all together?

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Re: GAS PRICES....WTH :angry:
« Reply #22 on: March 07, 2011, 10:09:48 pm »
Wow, I was wrong.  First time for everything right?

http://articles.latimes.com/2010/feb/25/opinion/la-ed-hummer26-2010feb26

Looks like GM tried to sell it to China (I thought they did) but they didnt complete the sell, and then they scrapped it.

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Re: GAS PRICES....WTH :angry:
« Reply #23 on: March 07, 2011, 10:20:10 pm »
:) Everyone gets their slice of humble pie.

Hummer, Pontiac and Saturn were all discontinued in that same event. I had thought Saab was discontinued, but recently they re-opened up a showroom in Calgary (Hyatt, for the locals).

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Re: GAS PRICES....WTH :angry:
« Reply #24 on: March 07, 2011, 11:23:38 pm »
The thing that bugs me the most as a consumer in the whole oil/gas pricing scheme, is that gas prices INCREASE in pretty much lock-step with increasing crude oil prices, but they almost never DECREASE at the same time or rate.  It always takes longer for prices to come down...ALWAYS.  The price of crude could drop to $80/barrel tomorrow and the price at the pump would take 2+ weeks to come down to comparable levels...probably more.


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Re: GAS PRICES....WTH :angry:
« Reply #25 on: March 07, 2011, 11:26:24 pm »
Oh, and while I don't believe that hybrids are teh solution to our energy prices, I do think they can help reduce the demand for some consumers / demographics.  That said, we just bought a hybrid SUV just before gas prices shot up.  We didn't replace our car specifically to get a hybrid to 'save money', rather we were in the market for a new SUV, and my wife wanted to explore hybrid options.  Not only will the hybrid not save me any $$ monthly on fuel, it will take approximately 70k miles to offset the additional cost of the hybrid vs the non-hybrid model of the SUV we bought (Lexus RX450h vs RX350).


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Re: GAS PRICES....WTH :angry:
« Reply #27 on: March 08, 2011, 01:31:29 am »
I love people saying its soo smart to buy electric cars, cos it's cheat to drive cos of no gas needed  ::)
Still gotta plug it into a socket when you get home, and raise the electrics bill ALOT! :D

Either way

People miss a few points about electric. The energy it takes to charge your batteries is a lot less per kilometer than to burn petrol in an internal combustion engine, which are normally no more than about 30% efficient. About 70% of your petrol is turned into heat which goes straight out the exhaust! Even if the power plant is coal powered, you will be putting out less pollution than with petrol. As well, the pollution that is put out is concentrated in one area- not filling up your whole city.

The other thing to remember is that power plants have to keep running, and therefore keep producing electricity, even when there's low demand. In those periods, the price to the consumer is dropped (normally in the small hours of the morning). Guess when most people would be charging their cars?

I can't remember the exact cost to 'fill up' the Tesla, but I think it's something like 5 - 10 bucks. Talking of which, they are releasing their Model S next year (",)

http://www.wptz.com/automotive/27111800/detail.html

Oh, and those of you in the states? relax, price of gas there is still heaps less than most other places in the world. I just noticed today that 98 octane here in Brisbane, Australia is $1.65 a litre. That's $6.27 a gallon...


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Re: GAS PRICES....WTH :angry:
« Reply #28 on: March 08, 2011, 05:37:03 am »
Prices in Norway allso rise, and we produce our own petrol right off our coast..
Prices for 98 octane just tipped 14 NOK ($2,51 with todays exchange rate) a couple weeks ago.

Converted to per gallon that should be $9,5

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Re: GAS PRICES....WTH :angry:
« Reply #29 on: March 08, 2011, 10:29:12 am »
I was under the impression that electric cars only get about 100km/charge?

My car gets about 700 km/tank. If it's only costing me $7 to charge once, and it's taking 7 times the amount of charges to equal a tank of gas, that's 49$ worth of electricity. That's roughly what it costs to fill my car up with gasoline, anyways?

Are these numbers wrong?

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Re: GAS PRICES....WTH :angry:
« Reply #30 on: March 08, 2011, 10:44:47 am »

I'd like to know how we could expect an aging and already insufficient power grid to take on the added load of charging automobiles.  Places like California have had to resort to rolling blackouts for a long time now.  Places with seasonal demand for home air conditioning (like New England) are starting to have issues all summer.  What is going to happen to the grid when people start plugging cars in to charge overnight?  Cities and states don't want to spend the money to ramp up the grid because it is invisible capital expense but if they don't get on this soon all these plug in electrics are nothing more than a pipe dream.

What happens when we have a power outage?  Your internet and VOIP phone are dead as are your refrigerators and possibly heat/cooking.  You have limited time on your cell phone.  Now we're talking about being unable to drive because we can't charge the car?  Are we going to start keeping gas tanks on site specifically for backup generators to charge the cars we no longer want running on gas?

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Re: GAS PRICES....WTH :angry:
« Reply #31 on: March 08, 2011, 02:56:17 pm »
We still have relatively cheap prices in NJ so we shouldn't be too upset.  Be glad you're not in California or Hawaii.

EDIT:  Not to mention, the folks in Europe and much of the rest of the world will probably yell at us soon for our super cheap $3.50 gallons :)

heard on the radio yesterday the highest price found in the UK this week was equivalent to £6.75/ $11.20 a gallon, with a fuel duty rise due in a month it'll be close to £7.40/ $12 in some parts

fuel prices in the uk are a killer

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Re: GAS PRICES....WTH :angry:
« Reply #32 on: March 08, 2011, 03:02:11 pm »
We still have relatively cheap prices in NJ so we shouldn't be too upset.  Be glad you're not in California or Hawaii.

EDIT:  Not to mention, the folks in Europe and much of the rest of the world will probably yell at us soon for our super cheap $3.50 gallons :)

heard on the radio yesterday the highest price found in the UK this week was equivalent to £6.75/ $11.20 a gallon, with a fuel duty rise due in a month it'll be close to £7.40/ $12 in some parts

fuel prices in the uk are a killer

Did you even read my post?  :-\

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Re: GAS PRICES....WTH :angry:
« Reply #33 on: March 08, 2011, 04:55:58 pm »
We still have relatively cheap prices in NJ so we shouldn't be too upset.  Be glad you're not in California or Hawaii.

EDIT:  Not to mention, the folks in Europe and much of the rest of the world will probably yell at us soon for our super cheap $3.50 gallons :)

heard on the radio yesterday the highest price found in the UK this week was equivalent to £6.75/ $11.20 a gallon, with a fuel duty rise due in a month it'll be close to £7.40/ $12 in some parts

fuel prices in the uk are a killer

The UK has a different tax structure that causes fuel to cost so much.  Plus, they import most of their fuel and I imagine they can go from the southern tip to the northern tip on a tank of gas.

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Re: GAS PRICES....WTH :angry:
« Reply #34 on: March 09, 2011, 11:37:53 am »
Quote
Oh, and those of you in the states? relax, price of gas there is still heaps less than most other places in the world. I just noticed today that 98 octane here in Brisbane, Australia is $1.65 a litre. That's $6.27 a gallon...

Am I reading this right? 98 octane!? The highest octane rating you can get here in CA is 91. I think they only sell 98 octane at racing places.

I'd like to know how we could expect an aging and already insufficient power grid to take on the added load of charging automobiles.  Places like California have had to resort to rolling blackouts for a long time now.  Places with seasonal demand for home air conditioning (like New England) are starting to have issues all summer.  What is going to happen to the grid when people start plugging cars in to charge overnight?  Cities and states don't want to spend the money to ramp up the grid because it is invisible capital expense but if they don't get on this soon all these plug in electrics are nothing more than a pipe dream.

What happens when we have a power outage?  Your internet and VOIP phone are dead as are your refrigerators and possibly heat/cooking.  You have limited time on your cell phone.  Now we're talking about being unable to drive because we can't charge the car?  Are we going to start keeping gas tanks on site specifically for backup generators to charge the cars we no longer want running on gas?

Thats a very good point.  :applaud:
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Re: GAS PRICES....WTH :angry:
« Reply #35 on: March 09, 2011, 12:04:51 pm »

I'd like to know how we could expect an aging and already insufficient power grid to take on the added load of charging automobiles.  Places like California have had to resort to rolling blackouts for a long time now.  Places with seasonal demand for home air conditioning (like New England) are starting to have issues all summer.  What is going to happen to the grid when people start plugging cars in to charge overnight?  Cities and states don't want to spend the money to ramp up the grid because it is invisible capital expense but if they don't get on this soon all these plug in electrics are nothing more than a pipe dream.

What happens when we have a power outage?  Your internet and VOIP phone are dead as are your refrigerators and possibly heat/cooking.  You have limited time on your cell phone.  Now we're talking about being unable to drive because we can't charge the car?  Are we going to start keeping gas tanks on site specifically for backup generators to charge the cars we no longer want running on gas?

The grid in the USA could handle a reasonable number of people charging their electric cars at night.  Electricity discounts during off hours are available to residential customers in many regions already and have been standard (and even required) for commercial customers for years, so you could take advantage of this, and it would naturally encourage people to charge their cars at night, which they'd probably largely do anyway, when there is excess capacity available.

The grid is already a little strained in the day especially during peak heating and cooling seasons; this is a known problem.  It will need upgrades no matter what, and programs to do so are in place.  There are also some nifty ideas being floated around about using the battery capacity in electric vehicles (since it's actually pretty huge) to offset peak (and I mean PEAK - like for less than an hour during the day) electricity demand.  And before someone runs off on a tirade about how that means your car may not be fully charged, participation would be optional and encouraged via compensation, and the amount of draw-down on the batteries we're talking is only a few percent.  It's enough to make a huge difference when you've got several hundred thousand cars to do it with, but it's so little that you'd barely notice.

As for what to do when the power is out, well, you should have at least 100 miles on a charge (that's CURRENT vehicles - it's only going to go up).  I get 350-400 on a gas tank, but I'm not likely to fill it up every evening like I would be apt to plug my car in since filling up a gas tank requires a trip to the gas station while I can plug my car in to charge at home.  If I had to guess, I'd say I average about 200-250 miles "reserve" on my tank at any moment and that's only because I rarely let it get below 1/3 full; I know many many people who don't fill up until the light comes on, so their numbers would be lower.  Given that the gas station's pumps are unlikely to work in a city wide power outage, I'm not sure that's something worth throwing a fuss over.

Electrics aren't great for everyone.  If you routinely drive more than ~75 miles in one trip where you would be unable to charge, they're probably not a good option for you right now.  I realize this describes a good chunk of the population.  The other chunk is also quite sizable.  There's a reason we already have several types of vehicles (small cars, vans, light trucks, big trucks, busses, etc.).  Electric passenger cars just augment the selection.


And yes, heat engines (especially those running an otto cycle i.e. gasoline engines) are generally woefully inefficient.  The saving grace is that gasoline is cheap and extremely energy dense, so you can waste a lot of its energy as heat and still get a lot of useful energy i.e. propulsion.  Diesel cycles are a bit better.

The cycle that is run in a heat driven power plant (coal, solar thermal, nuclear, some natural gas) can be a bit better (look up a rankine cycle).  The real gains are caused by economies of scale, especially in the waste product (e.g. environmentally hazardous gasses): it's practical to put some amazing pollution controls on a commercial scale power plant, but economically impractical to do so on a car.

Electric cars also enable you to decouple the generation medium from the vehicle.  That is, you can have a "nuclear powered car".  Obviously nobody would ever put a nuclear reactor on a car, but nonetheless you can have most of the benefits of a nuclear power plant when it comes to powering your car.  Right now, petroleum fuels are so cheap in the USA that this isn't a huge deal, but if the cost of oil keeps going up, it could become quite nice.  Coal is plentiful, available in the USA, and cheap (if environmentally questionable).

Once the electricity is produced, the distribution and battery storage is reasonably efficient all the way to the motor of e.g. a car.  Typical losses in battery charging/discharging, conversion, and motor heat loss should add up to around 25-30%, assuming a reasonably efficient motor and VFD, giving you an efficiency of ~70-75% excluding grid transmission losses which will vary heavily with where you are and grid load.  These losses have been trending down for the past 20-30 years.  I remember designing SMPSes just ~10 years ago and having literature tell me that 70% efficiency was good.  Now, if I'm not hitting 85%+ at design load, I'm a little unhappy if there isn't some oddball factor causing it.

Quote
Oh, and those of you in the states? relax, price of gas there is still heaps less than most other places in the world. I just noticed today that 98 octane here in Brisbane, Australia is $1.65 a litre. That's $6.27 a gallon...

Am I reading this right? 98 octane!? The highest octane rating you can get here in CA is 91. I think they only sell 98 octane at racing places.
Europeans use a different system of measuring the "octane" rating of gasoline than we use here in the states.  There are two established methods.  One gives a higher number (RON) than the other (MON).  In the states, we average the two results: the (R+M)/2 method you see referenced on labels.  The Europeans use the higher number only.  98 octane in Europe should be about like 93 in the states, which I can get at any quality gas station in the Midwest.  CA numbers are sometimes lower due to pollution control additives.

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Re: GAS PRICES....WTH :angry:
« Reply #36 on: March 09, 2011, 12:40:43 pm »
Thanks for the interesting read MonMotha. Ah, ok cool, that makes sense. Yeah, they got rid of 93 octane here in CA around 2001 due to the air standards. The most we can get at a regular gas station is 91. They have specialty stations in hickey places that do a lot of racing etc. At least in San Diego.
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Re: GAS PRICES....WTH :angry:
« Reply #37 on: March 09, 2011, 01:11:42 pm »
The grid in the USA could handle a reasonable number of people charging their electric cars at night.

The local grids are not up to this.  Not here, anyway, and not in an awful lot of places.  The weather this winter also made it abundantly clear how easy it is to end up with outages lasting several days.  A developer has been trying to build an office park by my house for years but can't because the grid cannot handle the load he would require.  The local grid is old and the load has outgrown its original design by a large margin.  Note that we have the same issues with central sewer and water.  We are actually at a point now where expansion of any type just can't happen until capacity increases and the utility companies are holding the state gov't hostage until they cough up chunks of subsidy that elected officials aren't going to provide.


Quote
Electricity discounts during off hours are available to residential customers in many regions already and have been standard (and even required) for commercial customers for years, so you could take advantage of this, and it would naturally encourage people to charge their cars at night, which they'd probably largely do anyway, when there is excess capacity available.

Once people start plugging in their cars at night there won't be excess capacity.  No excess, no discount.  I would be surprised if that didn't become premium time using the same lever that gas stations use.  You have to get to work regardless of fuel cost.


Quote
The grid is already a little strained in the day especially during peak heating and cooling seasons; this is a known problem.  It will need upgrades no matter what, and programs to do so are in place.  There are also some nifty ideas being floated around about using the battery capacity in electric vehicles (since it's actually pretty huge) to offset peak (and I mean PEAK - like for less than an hour during the day) electricity demand.  And before someone runs off on a tirade about how that means your car may not be fully charged, participation would be optional and encouraged via compensation, and the amount of draw-down on the batteries we're talking is only a few percent.  It's enough to make a huge difference when you've got several hundred thousand cars to do it with, but it's so little that you'd barely notice.

I can't see people doing this without solid demonstrable evidence that it would not reduce the lifespan of their battery array.  Or at least a design where parts of the array are replaceable in a reasonably affordable way.  Right now the batteries are so expensive people talk about replacing the whole vehicle when the battery is shot.


Quote
As for what to do when the power is out, well, you should have at least 100 miles on a charge (that's CURRENT vehicles - it's only going to go up)..

It's also the figure for a full charge.  How many people keep their gas tank 100% full all the time?  Granted, that practice might change when you can refuel in your own driveway, but people are stupid.  It might not.

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Re: GAS PRICES....WTH :angry:
« Reply #38 on: March 09, 2011, 01:32:01 pm »
The grid in the USA could handle a reasonable number of people charging their electric cars at night.

The local grids are not up to this.  Not here, anyway, and not in an awful lot of places.  The weather this winter also made it abundantly clear how easy it is to end up with outages lasting several days.  A developer has been trying to build an office park by my house for years but can't because the grid cannot handle the load he would require.  The local grid is old and the load has outgrown its original design by a large margin.  Note that we have the same issues with central sewer and water.  We are actually at a point now where expansion of any type just can't happen until capacity increases and the utility companies are holding the state gov't hostage until they cough up chunks of subsidy that elected officials aren't going to provide.

Sounds like your city has crumbling infrastructure.  That's common, but by no means always the case.

Quote
Electricity discounts during off hours are available to residential customers in many regions already and have been standard (and even required) for commercial customers for years, so you could take advantage of this, and it would naturally encourage people to charge their cars at night, which they'd probably largely do anyway, when there is excess capacity available.

Once people start plugging in their cars at night there won't be excess capacity.  No excess, no discount.  I would be surprised if that didn't become premium time using the same lever that gas stations use.  You have to get to work regardless of fuel cost.
It is possible that some of the discount may go away.  Smoothing out the load is a good thing from an overall efficiency standpoint, though.  I suspect most people would tend to charge their cars at night whether there's a discount or not.  Subsidies (which have been discussed) may enable the discount to continue even if it doesn't economically make sense simply to keep the load smooth like this.

Quote
The grid is already a little strained in the day especially during peak heating and cooling seasons; this is a known problem.  It will need upgrades no matter what, and programs to do so are in place.  There are also some nifty ideas being floated around about using the battery capacity in electric vehicles (since it's actually pretty huge) to offset peak (and I mean PEAK - like for less than an hour during the day) electricity demand.  And before someone runs off on a tirade about how that means your car may not be fully charged, participation would be optional and encouraged via compensation, and the amount of draw-down on the batteries we're talking is only a few percent.  It's enough to make a huge difference when you've got several hundred thousand cars to do it with, but it's so little that you'd barely notice.

I can't see people doing this without solid demonstrable evidence that it would not reduce the lifespan of their battery array.  Or at least a design where parts of the array are replaceable in a reasonably affordable way.  Right now the batteries are so expensive people talk about replacing the whole vehicle when the battery is shot.
Hence why it's optional.  I can't imagine you'll ever be required to participate.  You can always just buy electricity "for general use" like you do now.  Of course, the discounts may be substantial enough to offset the potential battery replacement costs, especially if you only keep your car ~3 years like the average American.

How much it will impact the life of your batteries depends on the battery tech.  For the Ni-MH batteries used by Toyota, it's certainly something to consider.  They don't like being partially cycled.  They're not nearly as bad as the old Ni-Cd chemistries, but they still don't like shallow cycles.

For Lithium chemistries, it varies.  Traditional Lithium Cobalt chemistries, which I believe the Volt and Leaf are using, don't really mind being cycled much.  They don't like being fully depleted, stored at high temperatures, or charged below freezing.  IIRC, both the Volt and Leaf include a heater (powered by the charger) to warm the battery pack for charging when the outside temp is below freezing.  Deterioration of Lithium Cobalt batteries tends to be related more to time and temperature than any usage patterns, assuming the charger used is good (which it isn't on a lot of consumer electronics - I don't know how good it is on the Volt or Leaf).  I agree that I'd like to see some details on how well the charger treats the battery to know that it won't do much long term harm, but again, it depends on how deep the electricity discount goes.

Newer Lithium chemistries not yet in high volume production make some trade-offs in energy density (so you need more batteries to get the same capacity) in exchange for longevity and power handling (how fast you can charge and discharge them).  This is a decent trade off for vehicles, especially non-tiny ones.  These will likely see used in potential future electric light trucks (e.g. SUVs) and busses.  Railroads are also very interested in these.  Altair Nano has made some rumblings about 20 years to 50% ("traditional" Li-Ion Cobalt chemistries are 3-5 years to 50% but this has improved over the past 5 or so years) and virtually unlimited power handling with the only real downside being approximately half the energy density of a typical laptop battery (which are engineered to be extremely energy dense at the expense of longevity).  The latter advantage of high power handling is cool because it means that, with a sufficiently large motor, you can have killer acceleration, very efficient regenerative braking, and, with a sufficiently large electric hookup, essentially full charges in about the time it takes to fill a typical gas tank.  Low volume production is ramping up.  I'd expect to see volume sufficient for automotive use within 5 years.  I believe they are calling these "Lithium Titanate" chemistries.  See also "Lithium Air" chemistries.

Quote
As for what to do when the power is out, well, you should have at least 100 miles on a charge (that's CURRENT vehicles - it's only going to go up)..

It's also the figure for a full charge.  How many people keep their gas tank 100% full all the time?  Granted, that practice might change when you can refuel in your own driveway, but people are stupid.  It might not.

I guess.  It seems so convenient that I'd figure most people would pull up and plug their car in as part of their typical "park" routine.  The relatively lower "capacity" would seem to encourage this, though I wouldn't otherwise say it's a positive.  Nissan is supposedly offering an extended battery pack to ~200miles typical as an option on the Leaf, but it's quite expensive, and I would guess it takes up part of e.g. the trunk.

It seems that having half to a third the available range in a dire emergency (whole city without power; I think you'd have other concerns) is an acceptable tradeoff for approx 1/3 to 1/5th the energy costs (which is what it'll generally work out to at current gas and electricity prices; YMMV with region especially as areas like CA have very expensive electricity).

If you're one of those people who has to have a 4 ton pickup with 600 mile range just in case the zombie apocalypse happens tomorrow with no warning and want to have no other vehicles, I'd guess that an electric car isn't for you right now.  I probably wouldn't keep one as my sole vehicle, but I'd imagine that if someone were to give me a Leaf or Volt right now, I'd use it about 80% of the time (my sole vehicle right now is a mid-size, gas powered sedan), but I'm not planning on purchasing one as the up-front cost is still a bit high for me to justify.  There's always the rental option if you do need a giant vehicle for a weekend or something.  Probably cheaper than owning/leasing one full time if you only need it a few times a year.

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Re: GAS PRICES....WTH :angry:
« Reply #39 on: March 09, 2011, 03:42:48 pm »

I could definitely see things like Zip Cars going full electric.  I see them all the time near my house and they are just about the right size.

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Re: GAS PRICES....WTH :angry:
« Reply #40 on: March 10, 2011, 04:00:45 am »


You're misinterpreting what you read.


No


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Re: GAS PRICES....WTH :angry:
« Reply #41 on: March 10, 2011, 04:02:32 am »
Quote
Oh, and those of you in the states? relax, price of gas there is still heaps less than most other places in the world. I just noticed today that 98 octane here in Brisbane, Australia is $1.65 a litre. That's $6.27 a gallon...

Am I reading this right? 98 octane!? The highest octane rating you can get here in CA is 91. I think they only sell 98 octane at racing places.

I'd like to know how we could expect an aging and already insufficient power grid to take on the added load of charging automobiles.  Places like California have had to resort to rolling blackouts for a long time now.  Places with seasonal demand for home air conditioning (like New England) are starting to have issues all summer.  What is going to happen to the grid when people start plugging cars in to charge overnight?  Cities and states don't want to spend the money to ramp up the grid because it is invisible capital expense but if they don't get on this soon all these plug in electrics are nothing more than a pipe dream.

What happens when we have a power outage?  Your internet and VOIP phone are dead as are your refrigerators and possibly heat/cooking.  You have limited time on your cell phone.  Now we're talking about being unable to drive because we can't charge the car?  Are we going to start keeping gas tanks on site specifically for backup generators to charge the cars we no longer want running on gas?

Thats a very good point.  :applaud:

Australia uses RON. At the pump, you can get 91, 95 and 98. My old VW likes the extra octane (",)


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Re: GAS PRICES....WTH :angry:
« Reply #42 on: March 10, 2011, 04:02:42 am »
I was under the impression that electric cars only get about 100km/charge?

My car gets about 700 km/tank. If it's only costing me $7 to charge once, and it's taking 7 times the amount of charges to equal a tank of gas, that's 49$ worth of electricity. That's roughly what it costs to fill my car up with gasoline, anyways?

Are these numbers wrong?

The Tesla sports car is over 200 MILES per charge...


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Re: GAS PRICES....WTH :angry:
« Reply #43 on: March 10, 2011, 10:39:39 am »
The Tesla sports car is over 200 MILES per charge...


...and costs over a hundred thousand dollars.

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Re: GAS PRICES....WTH :angry:
« Reply #44 on: March 10, 2011, 10:44:27 am »
The Bugatti Veyron gets about 200km/tank average driving speed, but I can't afford a veyron... how is that relevant?

To get a car that can rival low to mid end consumer grade, you kind of have to compare costs of the vehicle, not just economy.

If the car battery is anything like the batteries in my xbox controllers, then I'm not putting much faith in the cycles per lifetime of the car battery, meaning it won't be long before i have to invest 10k or so into another battery.

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Re: GAS PRICES....WTH :angry:
« Reply #45 on: March 10, 2011, 09:55:43 pm »
If the car battery is anything like the batteries in my xbox controllers, then I'm not putting much faith in the cycles per lifetime of the car battery, meaning it won't be long before i have to invest 10k or so into another battery.

The XB360 controller uses Ni-MH batteries and a really cheap, crappy charger.  This is about the worst possible scenario.  They'll die quickly.

The Volt and Leaf are using Li-Ion batteries.  I don't know how good the charger is.  If it's done right, you can cycle it all you want, and it won't matter.  The only thing that will kill them is time and heat.  Articles I've read indicate that GM is limiting the charge/discharge thresholds to 90%/25% in the Volt which should easily double or triple the lifespan of the battery compared to the 100%/5% thresholds you see in consumer electronics.  The cells are also probably engineered for longevity over energy density, if they're thinking about it right.  I don't know how good the charger is, but the articles I've read make it sound fairly intelligent (it probably does columb counting and has full V/I control).  Given the conservative thresholds they've picked, I suspect they put some thought into it.

My biggest concern would be heat in a vehicle application.  We all know how hot a car can get on a sunny day, even without engine heat.  Lithium Ion batteries degrade up to twice as fast at just 100F as they do at 70F.  I'm not sure how or if this has been addressed in the Volt.  It's possible to make some tradeoffs in the design of the battery cells themselves to combat this, and this may have been done in the Volt, the Leaf, or both.

GM is guaranteeing the battery for 8 years or 100,000 miles.  That's a heck of a warranty, so I'd say they at least think they've got things sorted out.  Now, whether neo-GM can survive another 8 years without going bankrupt (again) is anyone's guess.

That said, yeah, they're still too damned expensive.  No way I'm buying a first-gen car based on a new technology from GM (with all their recent history) for $45k+.  I'll give them a few years to work the bugs out and probably bring down prices, too.

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Re: GAS PRICES....WTH :angry:
« Reply #46 on: March 11, 2011, 12:24:20 am »
The Tesla sports car is over 200 MILES per charge...


...and costs over a hundred thousand dollars.

 :dunno

"The standard 4-seat open tourer of 1909 cost $850 (equivalent to $20,709 today). In 1913, the price dropped to $550 (equivalent to $12,181 today), and $440 in 1915 (equivalent to $9,521 today). Sales were 69,762 in 1911; 170,211 in 1912; 202,667 in 1913; 308,162 in 1914; and 501,462 in 1915.
By the 1920s, the price had fallen to $290 (equivalent to $3,289 today) because of increasing efficiencies of assembly line technique and volume."

A useful illustration  ;)


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Re: GAS PRICES....WTH :angry:
« Reply #47 on: March 11, 2011, 01:15:48 am »
Don't forget, the Tesla is cool and fast too..... ;D

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Re: GAS PRICES....WTH :angry:
« Reply #48 on: March 11, 2011, 01:41:59 am »
We have 3 cars in this house...  a Mercedes Bens smart car, imported from Germany, a Toyota Prious, and my Dodge Ram 1500 Hemi...

I get 45 MPH in the Smart car, 49 MPH in the Prious, and 15 in the Dodge..  Each serve their purpose...

I'm all for Electric cars, and Im not worried about the Electrical bill..  I generate about 55 to 65 Kilowatt hours a day with my 9.2 Solar panels I placed on my house.







I built the patio and the installed the Solar panels myself, out of pocket with the tax credits, I'm only out 6.5K...

Sure I might not look so Manly in my smart car... But I can afford to take my wife out a nice dinner when I want, and drive there with a smile on my face....


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Re: GAS PRICES....WTH :angry:
« Reply #49 on: March 11, 2011, 10:29:48 am »
Have you ever had a negative balance on your electricity bill? Apparently in some places electric companies will actually pay you the difference.

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Re: GAS PRICES....WTH :angry:
« Reply #50 on: March 11, 2011, 11:58:17 am »
I just heard that Japan lost its major oil refineries and their nuclear power plants might be temporarily disabled, so for the next month or so they’ll have to import a lot of oil to replace and power their country.

Prices went up at just a threat to supply. Now there is a legitimate supply shortage.

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Re: GAS PRICES....WTH :angry:
« Reply #51 on: March 11, 2011, 12:35:09 pm »
I'd be very surprised if that makes any dent into actual oil supplies. Japan doesn't make a whole lot of oil themselves anyway, only about 3% of their supply, and I'm only aware of one downed power plant. If the oil prices raised because of this, I would gather it was more speculation.

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Re: GAS PRICES....WTH :angry:
« Reply #52 on: March 11, 2011, 01:00:20 pm »
I'd be very surprised if that makes any dent into actual oil supplies. Japan doesn't make a whole lot of oil themselves anyway, only about 3% of their supply, and I'm only aware of one downed power plant. If the oil prices raised because of this, I would gather it was more speculation.


It doesn't matter if it makes a dent or not, it will still drive prices even higher.

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Re: GAS PRICES....WTH :angry:
« Reply #53 on: March 11, 2011, 01:32:01 pm »
Yep, Exactly. No matter what though, there will be no global shortage of oil because a country that barely drills their own oil might not be able to refine their crude for a few months.  ::)

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Re: GAS PRICES....WTH :angry:
« Reply #54 on: March 11, 2011, 02:02:25 pm »
Japan just lost all their oil. Japan needs to replace what they lost, needs it for their normal consumption, and they'll need it to burn oil for electricity while their nuclear power plants are offline.

The supply won't go down because Japan won't be supplying it. The supply will go down because Japan will be buying more than anyone anticipated.

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Re: GAS PRICES....WTH :angry:
« Reply #55 on: March 11, 2011, 02:05:45 pm »
I was under the impression that electric cars only get about 100km/charge?

My car gets about 700 km/tank. If it's only costing me $7 to charge once, and it's taking 7 times the amount of charges to equal a tank of gas, that's 49$ worth of electricity. That's roughly what it costs to fill my car up with gasoline, anyways?

Are these numbers wrong?

Don't forget to factor in the cost of replacing the batteries in 3-5 years, and paying to dispose of the toxic lithium or heavy metals...

(NiMH -- not so bad -- at least it's recyclable.)
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Re: GAS PRICES....WTH :angry:
« Reply #56 on: March 11, 2011, 02:16:34 pm »
Oil is actually undervalued, we the USA help manipulate & subsidize its price by paying off crooked dictators.

You think oil costs a lot now, wait until the "people" are liberated & asking for market value of a non renewable resource.

----------------------------------------------------------------------------------------------------------------------------

Get this.....The US turns $1.00 into $0.03 after just 98 years thanks to the Fed.

Fed dilutes our currency via treasury bills bought by China, Japan, India & the US itself (printing out of thin air, gold/silver standard abandoned long ago).

This causes inflation in the global reserve currency which causes food prices to sharply increase which causes revolts in the countries we pay off to keep oil prices low.

Revolts caused by our inflation cause interruptions in our oil which shrinks our economy & reduces the funds we have to pay off other markets all the while inflation is out of control.

So why not just raise the fed rate 5% like we did last time to stave off inflation, food prices, revolts & increased oil costs?

Because we cant, our national debt is too high & we already spend more than we take in. If we raise the rate 5% we as a country default....

So we just print, sell, ---smurfette--- about oil & hope to god there is a plane nearby to steal & fly to safety when ---steaming pile of meadow muffin--- hits the fan.

So eff your prius, hummer & electric car. The US & UK are civilized only because we can have anything we want & live a standard of life like no one else.

Stock up on ammo, not oil

EDIT: Stock up on Wico leaf 4 ways too

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Re: GAS PRICES....WTH :angry:
« Reply #57 on: March 11, 2011, 02:24:11 pm »
Japan just lost all their oil. Japan needs to replace what they lost, needs it for their normal consumption, and they'll need it to burn oil for electricity while their nuclear power plants are offline.

The supply won't go down because Japan won't be supplying it. The supply will go down because Japan will be buying more than anyone anticipated.

They just lost all their oil, hmmm....haven't read that news story. Got the news story showing the entire oil supply of Japan got misplaced in the earthquake? And how many nuclear power plants you think went down? they have over 50.

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Re: GAS PRICES....WTH :angry:
« Reply #58 on: March 11, 2011, 05:00:58 pm »
Oil is actually undervalued, we the USA help manipulate & subsidize its price by paying off crooked dictators.

You think oil costs a lot now, wait until the "people" are liberated & asking for market value of a non renewable resource.

----------------------------------------------------------------------------------------------------------------------------

Get this.....The US turns $1.00 into $0.03 after just 98 years thanks to the Fed.

Fed dilutes our currency via treasury bills bought by China, Japan, India & the US itself (printing out of thin air, gold/silver standard abandoned long ago).

This causes inflation in the global reserve currency which causes food prices to sharply increase which causes revolts in the countries we pay off to keep oil prices low.

Revolts caused by our inflation cause interruptions in our oil which shrinks our economy & reduces the funds we have to pay off other markets all the while inflation is out of control.

So why not just raise the fed rate 5% like we did last time to stave off inflation, food prices, revolts & increased oil costs?

Because we cant, our national debt is too high & we already spend more than we take in. If we raise the rate 5% we as a country default....

So we just print, sell, ---smurfette--- about oil & hope to god there is a plane nearby to steal & fly to safety when ---steaming pile of meadow muffin--- hits the fan.

So eff your prius, hummer & electric car. The US & UK are civilized only because we can have anything we want & live a standard of life like no one else.

Stock up on ammo, not oil

EDIT: Stock up on Wico leaf 4 ways too



I thought we got oil from places that we can bully, you know, ones that dont really have a military, like Canada, and a few south american countries.
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Re: GAS PRICES....WTH :angry:
« Reply #59 on: March 11, 2011, 05:37:06 pm »
The world is run by greedy people. They will sell gas for as high as they can possibly get away with. I think that the government should step in, since the increase in prices is not actually related to any thing real. It's all speculation. Other industries wouldn't be able to get away with gouging their prices this way.
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Re: GAS PRICES....WTH :angry:
« Reply #60 on: March 11, 2011, 05:55:13 pm »
I don't want to derail this thread, but the problems in Japan, and how oil supply is increasing the cost per barrel, the Libyan issue has just got more interesting.

Doesn't Libya make up that 2% of oil?

I agree with the solar power comment (nice nid) I bet Nevada Power doesn't know what to do about it.  But in order to change your usage of energy, you also have to change your perspective on how you get energy.

The solar power array (check out that vitamin company across from the Henderson fire station off warm springs - past Sunset Station - the company has a huge array that powers the building) would have to be the option electric car owners would have to look at, to keep in line with costs in power. 
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Re: GAS PRICES....WTH :angry:
« Reply #61 on: March 11, 2011, 07:55:16 pm »
Oil is actually undervalued, we the USA help manipulate & subsidize its price by paying off crooked dictators.

You think oil costs a lot now, wait until the "people" are liberated & asking for market value of a non renewable resource.

----------------------------------------------------------------------------------------------------------------------------

Get this.....The US turns $1.00 into $0.03 after just 98 years thanks to the Fed.

Fed dilutes our currency via treasury bills bought by China, Japan, India & the US itself (printing out of thin air, gold/silver standard abandoned long ago).

This causes inflation in the global reserve currency which causes food prices to sharply increase which causes revolts in the countries we pay off to keep oil prices low.

Revolts caused by our inflation cause interruptions in our oil which shrinks our economy & reduces the funds we have to pay off other markets all the while inflation is out of control.

So why not just raise the fed rate 5% like we did last time to stave off inflation, food prices, revolts & increased oil costs?

Because we cant, our national debt is too high & we already spend more than we take in. If we raise the rate 5% we as a country default....

So we just print, sell, ---smurfette--- about oil & hope to god there is a plane nearby to steal & fly to safety when ---steaming pile of meadow muffin--- hits the fan.

So eff your prius, hummer & electric car. The US & UK are civilized only because we can have anything we want & live a standard of life like no one else.

Stock up on ammo, not oil

EDIT: Stock up on Wico leaf 4 ways too



I thought we got oil from places that we can bully, you know, ones that dont really have a military, like Canada, and a few south american countries.

We buy a culture first, if they dont sell out then we bully it.

Dont agree, tell that to Saddam who decided to trade oil in the Euro & rejected the money we sent Gaddafi. Who is dead, who is alive?

Gaddafi didnt share his winnings & now his people want him out. Obama was all quiet about Egypt until it was obvious it was over & he did the same to Gaddafi. Ever notice how the US doesnt state a stance until once side shines brighter?

ark_ader its not just the % of oil produced, its the type (how efficiently its processed) Libya has better oil (light sweet crude) than the Saudi's

I think of it this way, its like the stock market. Some of that movement is calculated/intentional & some movement is organic reactions.
"George Bush doesn't care about arcade people"

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Re: GAS PRICES....WTH :angry:
« Reply #62 on: March 12, 2011, 06:42:26 pm »
The Tesla sports car is over 200 MILES per charge...


...and costs over a hundred thousand dollars.

 :dunno

"The standard 4-seat open tourer of 1909 cost $850 (equivalent to $20,709 today). In 1913, the price dropped to $550 (equivalent to $12,181 today), and $440 in 1915 (equivalent to $9,521 today). Sales were 69,762 in 1911; 170,211 in 1912; 202,667 in 1913; 308,162 in 1914; and 501,462 in 1915.
By the 1920s, the price had fallen to $290 (equivalent to $3,289 today) because of increasing efficiencies of assembly line technique and volume."

A useful illustration  ;)


Next time I stop by 1920 I'll be sure to pick one up.  Until then what we have are $120,000 Tesla Roadsters.

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Re: GAS PRICES....WTH :angry:
« Reply #63 on: March 12, 2011, 08:54:07 pm »
The Tesla sports car is over 200 MILES per charge...


...and costs over a hundred thousand dollars.

 :dunno

"The standard 4-seat open tourer of 1909 cost $850 (equivalent to $20,709 today). In 1913, the price dropped to $550 (equivalent to $12,181 today), and $440 in 1915 (equivalent to $9,521 today). Sales were 69,762 in 1911; 170,211 in 1912; 202,667 in 1913; 308,162 in 1914; and 501,462 in 1915.
By the 1920s, the price had fallen to $290 (equivalent to $3,289 today) because of increasing efficiencies of assembly line technique and volume."

A useful illustration  ;)


Next time I stop by 1920 I'll be sure to pick one up.  Until then what we have are $120,000 Tesla Roadsters.

You're not one for extrapolation, are you?


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danny_galaga

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Re: GAS PRICES....WTH :angry:
« Reply #64 on: March 12, 2011, 08:58:44 pm »

Regards oil prices, the Japan crisis has actually eased the price of oil. Why? Less anticipated consumption. Industry will be down, therefore in a general sense, less oil will be used. Nuclear power plants offline will be somewhat negated by less customers (damaged, destroyed buildings) and many power stations in Japan (and a lot of the world) are coal fired. Maybe the price of coal will go up slightly.

So breath easy, your petrol prices will stabilise a little and all it took was the destruction of the east coast of Japan...


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Re: GAS PRICES....WTH :angry:
« Reply #65 on: March 14, 2011, 12:37:22 am »
We were driving back from Disneyland to LV and the news reported one gas station with gas fr $4.35 and then another with gas for just 3.65 right across the street.  Wth is up with that?  :dunno