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 1Likes
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1
Post By Karl Bebout
04-20-2020, 12:09 PM
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CC Member
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Join Date: Apr 2016
Location: Phoenix,
AZ
Cobra Make, Engine: Ex owner of a polished Kirkham 427 S/C. Now Cobra-less and driving a mid-engine German hot rod.
Posts: 828
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Not Ranked
Oil price
West Texas Spot price is now negative. Great time to own a Cobra! Heck I may put a second 4 bbl on mine!
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04-20-2020, 04:37 PM
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CC Member
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Join Date: Jan 2011
Cobra Make, Engine: ERA 289 FIA #2114
Posts: 588
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Not Ranked
Webers here I come.
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04-23-2020, 04:51 AM
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CC Member
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Join Date: Dec 2017
Cobra Make, Engine: Unique Fresh 427 S/O
Posts: 171
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Not Ranked
My Cobra is locked up in a Ford dealership's showroom. It is resting patiently for it's reopening. Me, I'm not that patient, but I'm SOL at the moment  |
04-23-2020, 07:36 AM
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CC Member
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Join Date: Aug 2000
Location: Glendale,
AZ
Cobra Make, Engine: SPF 468ci 550HP + 150HP NX Matching Shelby GT500 650HP
Posts: 4,207
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Not Ranked
Premium fuel Tuesday at Sams Club $2.09!
AZ Bob
__________________
AZCOBRA, AZBOBS Plates & JAFMO
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04-23-2020, 02:19 PM
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CC Member
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Join Date: Mar 2014
Location: Hardwick,
VT
Cobra Make, Engine: ERA Slabside BRG 289
Posts: 302
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Not Ranked
Only for the time being. We will pay later!
John
ERA #3010 Slabside 289 BRG
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04-23-2020, 03:36 PM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,457
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Not Ranked
The whole thing the Russians and Saudis did was to force the US shale oil business out of business. That has happened. They need a relatively high price per barrell to be profitable over the cost of extraction. That is no longer the case. Most of the oil we produced that changed us from importer to exporter was shale oil. Now we will be an importer again, and the price of gas will be at the whim of the outside conglomerates. It can switch but shale oil production will take some time and stability to wind up again.
__________________
Cheers,
Tony
CSX4005LA
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04-23-2020, 09:51 PM
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CC Member
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Join Date: May 2006
Location: St. Louisville,
Oh
Cobra Make, Engine: A&C 67 427 cobra SB
Posts: 2,444
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Not Ranked
If oil does not return to a level that the shale oil is profitable to produce, a tariff might be used to level the playing field. If the economy didn't need a lower energy price, I suspect it would have already happened. |
04-30-2020, 03:07 PM
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CC Member
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Join Date: Aug 2017
Cobra Make, Engine:
Posts: 163
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Not Ranked
We are still paying $102 a litre from a $170 in Canada for 94 octane getting ripped off
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04-30-2020, 08:29 PM
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CC Member
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Join Date: Jun 2001
Location: Mesa,
AZ
Cobra Make, Engine: ERA #2119 289FIA
Posts: 5,380
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Not Ranked
"We are still paying $102 a litre from a $170 in Canada for 94 octane getting ripped off"
Just another of many ways our Canadian cousins get to pay for their "FREE MEDICAL" and the other "FREEBIES". I paid $45 for a $20 bottle of Tullamore Dew up there last summer and was told that cigarettes are $20/pack. Income taxes at 58% for the truck driver I talked to and then there's sales tax and VAT etc. etc. etc.
"Tain't no free lunch".
__________________
Karlos
"In the Land of the Pigs, The Butcher is King"
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05-01-2020, 03:53 AM
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CC Member
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Join Date: Mar 2014
Location: Hardwick,
VT
Cobra Make, Engine: ERA Slabside BRG 289
Posts: 302
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Not Ranked
Nothing is free. It's all about control. Once it is here, as it is it never goes away.
John
ERA #3010 Slabside 289 BRG
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05-03-2020, 02:31 PM
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CC Member
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Join Date: Aug 2017
Cobra Make, Engine:
Posts: 163
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Not Ranked
True but unlike my southern friends we do not lose our houses if we get sick, and we know nothing is free
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05-03-2020, 03:12 PM
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Senior Club Cobra Member
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Join Date: May 2001
Location: Florence,
AL
Cobra Make, Engine: RCR GT 40 & 1966 Fairlane 390 5 speed
Posts: 4,511
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Not Ranked
Last week I drove 1602 miles in my Ford Focus and it cost me $68 in gasoline.
And I missed the $1.08 per gallon gas stations.
I paid $1.25 to $1.47
__________________
''Life's tough.....it's even tougher if you're stupid.'' ~ John Wayne
"Happiness Is A Belt-Fed Weapon"
life's goal should be; "to be smarter than inanimate objects"
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05-17-2020, 05:31 PM
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CC Member
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Join Date: Aug 2017
Cobra Make, Engine:
Posts: 163
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Not Ranked
Just to add cigarettes are $10 a pack Canadian, if you are paying 58% income tax you are probably in the 300 k range I'm around 80 and in 18% bracket but you are correct lots of hidden taxes, its a shame we live in the 2 greatest countries in the world we all pay to much taxes for the return
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05-18-2020, 03:57 AM
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CC Member
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Join Date: Mar 2014
Location: Hardwick,
VT
Cobra Make, Engine: ERA Slabside BRG 289
Posts: 302
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Not Ranked
Free Money
We all pay a lot of taxes which helps to support so many who choose not to work. Nothing is free, someone must pay. Just watch what happens with the "free money" when the coronavirus is over.
John
ERA #3010 Slabside 289 BRG
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05-18-2020, 02:59 PM
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CC Member
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Join Date: Aug 2017
Cobra Make, Engine:
Posts: 163
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Not Ranked
Good point
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