mustnt grumble
Junior Member
Just paid 17 flaming quid to fill the bike from empty. A year ago I would struggle to get £12's worth in.
When is it going to end?
When is it going to end?
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Petrol/Gas!
- Thread starter mustnt grumble
- Start date
CanadianFZ6
Member
When we switch to alternate fuels or electric? Seriously, I wouldn't hold your breath. Prices may stablize (temporarily), but I highly doubt they will go down.
mustnt grumble
Junior Member
I see no reason why not. A couple of years ago prices here went up to just under £1 a litre before dropping down to 80 odd pence a few weeks later.
My (limited) understanding of how the oil market works suggests this is absolutely nothing to do with existing stocks running short.
Raid The Revenge
Super Member
You live in London? Hmm....
You want the REAL answer or the FEEL BETTER answer?
FEEL BETTER ANSWER
Prices of fuel will remain about the same, for a while, before slowly going up again. It's all about supply and demand. In the future, our gravity of fuel will be so great that we'll be forced to switch to alternate fuel sources like CanadianFZ6 said. Electric is certainly possible.
REAL WORLD ANSWER
The price of fuel is growing exponentially faster, due to political warfare in the east. Europe is offering a better price to Saudi Arabia, Iraq, Iran and all those third world countries for their oil. Yet, the US demands they deserve a cheaper buyout. Oh wait!! They were refused!! So they found an excuse to declare war on the "Taliban."
In other words, when the war is over, THEN fuel will go down in price. The war is NEVER over. Sorry. That's just how the government does things.
Hey CanadianFZ6!! You fly planes right? How much fuel do you think a F-23 Fighter Jet consumes for one sortie?
Look here:
Oil giants sue Pentagon over jet fuel 'price fix' - Telegraph
Even the oil companies are getting ripped off!! It's that bad.
You want the REAL answer or the FEEL BETTER answer?
FEEL BETTER ANSWER
Prices of fuel will remain about the same, for a while, before slowly going up again. It's all about supply and demand. In the future, our gravity of fuel will be so great that we'll be forced to switch to alternate fuel sources like CanadianFZ6 said. Electric is certainly possible.
REAL WORLD ANSWER
The price of fuel is growing exponentially faster, due to political warfare in the east. Europe is offering a better price to Saudi Arabia, Iraq, Iran and all those third world countries for their oil. Yet, the US demands they deserve a cheaper buyout. Oh wait!! They were refused!! So they found an excuse to declare war on the "Taliban."
In other words, when the war is over, THEN fuel will go down in price. The war is NEVER over. Sorry. That's just how the government does things.
Hey CanadianFZ6!! You fly planes right? How much fuel do you think a F-23 Fighter Jet consumes for one sortie?
Look here:
Oil giants sue Pentagon over jet fuel 'price fix' - Telegraph
Even the oil companies are getting ripped off!! It's that bad.
When is it going to end?
When Obama becomes president.
The price of oil is mostly due to speculation.
Google: oil price speculation
H
HavBlue
You won't be alive.......
when you consume like 1 gallon of fuel every 3 seconds it's hard to blame you for trying a gas-and-go every now and again. even if u are the government.
Avalon786
Member
Prices will never be what they were. Welcome to the begining of the end as we know it...
dickieD
Junior Member
its over 4 dollars in ohio.. and i have heard that its gonna reach 7 dollars a gallon by summer of 09'
Avalon786
Member
I would not be suprised...I'm paying $4.80 for 91. Some places are already at $5...
Tell me about it, I have had my bike just over a year. When I got it £10.00 got me 13 litres. I now get 8 litres for the same lay out, I am gona cry........Just paid 17 flaming quid to fill the bike from empty. A year ago I would struggle to get £12's worth in.
When is it going to end?
Seriously though if we can't create new fuel resources we will have two problems (yeah I know a very simplistic way of veiwing it).
1) We all need to find, purchase and run new vehicles.
2) What are we gona do with all of the engines that only use fossil fuel? Will there be some kind of trade in scrap metal offer?
This really concerns me, In the UK soon only the people claiming benefits will be able to afford to drive.
sideslider
Member
The price of fuel sucks bad!!!!
On the bright side I love bragging to everyone at work that I fill up with premium fuel... and spend about 40-50 dollars a month commuting ....
all that compared to 200 dollars a month in the cage if I where to commute in that ... (of course the cage only gets regular fuel not the good stuff)
:Sport:
The price of fuel sucks bad!!!!
On the bright side I love bragging to everyone at work that I fill up with premium fuel... and spend about 40-50 dollars a month commuting ....
all that compared to 200 dollars a month in the cage if I where to commute in that ... (of course the cage only gets regular fuel not the good stuff)
:Sport:
You could be saving even more money if you didn't use premium. Most of us agree on this forum, as well as the manual that regular unleaded is what's recommended. Hit the search tab, as premium vs regular has been a topic that has beaten to death.
CanadianFZ6
Member
Agreed... my bike(s) run fine on regular unleaded (87 oct)... no need to waste your money on premium....
H
HavBlue
I don't see it as much of a savings when I consider 1,000 gallons of gas will get me somewhere between 48 and 50 thousand miles only to maybe save $200.00. In a one tank offset we're talking $.80. I run premium and the bike has never seen a drop of anything else. This has zero to do with performance.
hunterfz6
Senior Member
Can you please qualify how obama will have anything to do with oil going down? When has any president had anything to do with oil prices? The price of oil is set by speculators who try to predict the future cost of oil and its profit margin. If its true that a president can affect oil prices, then its only for the worse, bush went into iraq for whatever reason, presumably to open up oil resources from them. Only thing that happened is a raise.
grumpy1luvs2eat
Member
Their rules, their game! It isn't going to get any better! GRUMPY
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I read this thread and I became interested in the price of a gallon of regular gasoline vs. the price of silver vs. USD ($ dollars) over the past 20 years or so. I went to doe.gov and kitco.com where I got information about the price of fuel and silver since 1990. I would have gone further but I couldn't easily find the fuel prices past then and didn't want to dig more than a couple of minutes.
I will admit I didn't compile the complete averages because that would have taken way too much time. I just picked a value for that year that was in the middle and representative of the average for that year, so I would be confident in saying that the numbers shown are within several cents of the true average for that year. If you check out the data and feel my numbers are way off let me know, because I'm just trying to make sense of all this too.
Here's what I came up with:
1990 gas $1.15 a gal silver $5.00 oz ratio: .23 oz of silver for 1 gallon gas
1995 gas $1.08 a gal silver $5.30 oz ratio: .204 oz of silver for 1 gallon gas
2000 gas $1.50 a gal silver $5.00 oz ratio: .3 oz of silver for 1 gallon gas
2005 gas $2.45 a gal silver $7.50 oz ratio: .327 oz of silver for 1 gallon gas
current $4.10 a gal silver $17.87 oz ratio: .229 oz of silver for 1 gallon gas
As you can see, gasoline has stayed in a range of about 30%+- what it has been worth since 1990 in terms of silver. (Yea, 1995 was about 38% off the highest price, but you get the idea.) Silver is something that actually has value, unlike our fiat money that they just keep printing off.
But, although the price of gas in terms of silver has stayed somewhere around where it has been, the price to the consumer in dollars has gone up. Why is this? Due to this data I think because our money is worth less. As you can see, compared to 1990, today it takes about 3.57 times more dollars to buy a gallon of gas, but would take almost the same amount of silver. This is because, from the information I gathered about the price of silver, our dollar is worth about 28% of what it used to be worth in 1990. So that makes a 72% value decrease over about 18 years.
So from what I've found, the decrease in the value of our currency is why it is costing more at the pump, not oil companies jacking up prices.
Although it may seem a little outrageous to believe that our dollar has decreased by 72% in value over about 18 years, I don't think there is really any saying that what I just demonstrated was bunk because I took fact numbers and divided them to give a ratio.
What do you think?
I will admit I didn't compile the complete averages because that would have taken way too much time. I just picked a value for that year that was in the middle and representative of the average for that year, so I would be confident in saying that the numbers shown are within several cents of the true average for that year. If you check out the data and feel my numbers are way off let me know, because I'm just trying to make sense of all this too.
Here's what I came up with:
1990 gas $1.15 a gal silver $5.00 oz ratio: .23 oz of silver for 1 gallon gas
1995 gas $1.08 a gal silver $5.30 oz ratio: .204 oz of silver for 1 gallon gas
2000 gas $1.50 a gal silver $5.00 oz ratio: .3 oz of silver for 1 gallon gas
2005 gas $2.45 a gal silver $7.50 oz ratio: .327 oz of silver for 1 gallon gas
current $4.10 a gal silver $17.87 oz ratio: .229 oz of silver for 1 gallon gas
As you can see, gasoline has stayed in a range of about 30%+- what it has been worth since 1990 in terms of silver. (Yea, 1995 was about 38% off the highest price, but you get the idea.) Silver is something that actually has value, unlike our fiat money that they just keep printing off.
But, although the price of gas in terms of silver has stayed somewhere around where it has been, the price to the consumer in dollars has gone up. Why is this? Due to this data I think because our money is worth less. As you can see, compared to 1990, today it takes about 3.57 times more dollars to buy a gallon of gas, but would take almost the same amount of silver. This is because, from the information I gathered about the price of silver, our dollar is worth about 28% of what it used to be worth in 1990. So that makes a 72% value decrease over about 18 years.
So from what I've found, the decrease in the value of our currency is why it is costing more at the pump, not oil companies jacking up prices.
Although it may seem a little outrageous to believe that our dollar has decreased by 72% in value over about 18 years, I don't think there is really any saying that what I just demonstrated was bunk because I took fact numbers and divided them to give a ratio.
What do you think?
Avalon786
Member
I think its true that the Dollar has lost alot of its value! But the rise in prices is due alot in part to speculation isnt it?
Jake
Junior Member
Price of gas is controlled by OPEC, regardless of what all the talking heads say about speculators and "Big Oil". It's not the crude oil that drives up cost, it's the cost of refining the crude oil into a product we call gasoline. Who is doing the vast majority of the refining? OPEC countries.
If you have any doubt on this I suggest you research the cost of gasoline at a pump in Kuwait or Saudi Arabia...
Western countries have become victims of environmental extremist using money to buy politicians who are willing to further their "cause". Environmental laws are such in most western countries that the costs imposed on a company to refine oil would not sustain the business. That's if there aren't laws outright banning any refinery operations. Non-refining countries will continue to pay the refining countries big $$$ for fuel until they start refining much more themselves or have a viable alternative.
Refining: Much more practical in the near-term
Alternative Fuel: Will take longer to implement but necessary in the long-term
IMO we need to start refining now to cover ourselves in the present. You can't worry about tomorrow if you're drowning today. Refine today. While that takes place, we make alternative fuel development a top priority that will take us into the future. In 20 years we can care less about gasoline and dramatically reduce our need to harvest/refine petroleum products.
Jake
If you have any doubt on this I suggest you research the cost of gasoline at a pump in Kuwait or Saudi Arabia...
Western countries have become victims of environmental extremist using money to buy politicians who are willing to further their "cause". Environmental laws are such in most western countries that the costs imposed on a company to refine oil would not sustain the business. That's if there aren't laws outright banning any refinery operations. Non-refining countries will continue to pay the refining countries big $$$ for fuel until they start refining much more themselves or have a viable alternative.
Refining: Much more practical in the near-term
Alternative Fuel: Will take longer to implement but necessary in the long-term
IMO we need to start refining now to cover ourselves in the present. You can't worry about tomorrow if you're drowning today. Refine today. While that takes place, we make alternative fuel development a top priority that will take us into the future. In 20 years we can care less about gasoline and dramatically reduce our need to harvest/refine petroleum products.
Jake
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