Gas Prices Set Record - Page 2

wtm442 · #21 (**permalink**) 05-19-2008, 04:04 PM

I just doubled the value of my daily driver (Gran Marquis) by filling the tank. $65.

Thankfully I only put about 2000 miles on it a year, now that I no longer travel 60 miles per day to get to work!

Ron61 · #22 (**permalink**) 05-20-2008, 03:44 AM

Quick, sell it before you use any of the gas. I saw them advertising on TV that if you bought a new Dodge I believe it was that you got gas for $2.99 a gallon. But that was after you drove over 12,000 miles per year.

Ron

392cobra · #23 (**permalink**) 05-20-2008, 08:00 AM

Quote:

Originally Posted by wtm442

I just doubled the value of my daily driver (Gran Marquis) by filling the tank. $65.

Thankfully I only put about 2000 miles on it a year, now that I no longer travel 60 miles per day to get to work!

The price of scap metal has to be helping it's "value" too.

Ron61 · #24 (**permalink**) 05-20-2008, 08:11 AM

Warren,

Out here they will give you $1K to let them crush it.

Ron

wtm442 · #25 (**permalink**) 05-20-2008, 11:45 AM

Quote:

Originally Posted by 392cobra

The price of scap metal has to be helping it's "value" too.

Quote:

Originally Posted by Ron61

Warren, Out here they will give you $1K to let them crush it.

Ron

I only paid $2K for the 98 Merc about 5 years ago, with a new set of Michelin tires. Blue book was about $6K at that time.

But its only just broken it at 130K miles. The last two Lincoln Town cars I've owned were "retired" with 180K and 220K miles on the odometer.

Now, they give you between $350 and $500 for scrap value in these parts, but I'd empty the gas tank and fry the motor first. Nothing better than a cinder block on the gas pedal and head for the hills before it blows up. I've done it to one car, and observered maybe a dozen "sacrifices" to the auto God of scrap metal.

The price of gas on Martha's Vineyard is about $4.55 for unleaded. Some premium prices close to $5.00

Time for another vacation.

427sharpe · #26 (**permalink**) 05-21-2008, 09:11 PM

Gas is at $4/gallon (premium) here in Dallas area as of today....filled up our Explorer with regular......$74 and it had about 1/8th of a tank left. My '66 GT350 uses premium....$80 / tank!

I am re-thinking my plan for building a 40-42 gallon tank for the Cobra for long distance rides. Guess I should though..gas aint going down anytime soon!
A friend with some land bought 4 large fuel tanks....5k gallons each, I think. He filled them little by little over about year. He's still using gas at under $2 a gallon! Anybody got a backhoe???

LoBelly · #27 (**permalink**) 05-21-2008, 10:33 PM

Unleaded hit $1.63/litre here yesterday

there are 3.78 litres in a US Gallon so thats a bit over $6.16 (AUD) or $6.50 USD (95c exchange rate)

about a year or so ago the increases in petrol (gas) prices meant public transport became so popular I had to let trains go by because they were so full and car-parks in Melbourne were dropping prices.

Got the Bug · #28 (**permalink**) 05-21-2008, 11:03 PM

Jim Cramer was on the NBC Nightly news tonight talking about $6.00 dollar a gallon gas in the US by the end of the summer. Sucks. It's either speculation or demand...time will tell.

427 S/O · #29 (**permalink**) 05-23-2008, 08:21 AM

The US House of Representatives recently passed legislation the would let the government sue members of OPEC!, that along with bringing the oil execs to capitol is ludicrous!. You guys contact your law makers and givem' hell. Face time is all they want! Come election time most of the ones who voted against drilling and against opening restricted area's and building new refineries, will be gone..I hope.

It seems the phrase ' we can't drill our way out' has caught on with our law makers and I'll betcha' they can't explain why we can not!!. IMO...if they vote to open drilling and building new refineries, that alone will have a huge impact and move prices down.

4RE KLR · #30 (**permalink**) 05-23-2008, 08:59 AM

$4.73 for diesel

They are talking $7.00 a gallon by Christmas of this year.

Hmm. $7.00 a gallon would only cost about $235.00 to fill up the truck.

I think if this happens we will will skate right by the Government worrying about hiding the recession word from us. It will be a full blown Depression. It ain't over yet folks

Silverback51 · #31 (**permalink**) 05-23-2008, 09:05 AM

I seen my first $5.00 a gallon diesel on the way to work this morning.

4RE KLR · #32 (**permalink**) 05-23-2008, 09:56 AM

Yea, the lawn guy was complaining this week, that it took $26.00 to fill up his lawn mower.

I am still amazed at just how much groceries have gone up. While at the store they had several items marked as not for sale. When I asked what was going on they told us they were having computer problems and the correct price would not ring up on the register. Before we left I noticed some of the signs had been removed. The prices had gone up as much as 30% on some of the items from what they were marked before. This all happened in while we were at the store over about twenty minutes.

wtm442 · #33 (**permalink**) 05-23-2008, 02:28 PM

Saw a sign for diesel at $4.95 a gallon.

Ronbo · #34 (**permalink**) 05-23-2008, 11:45 PM

Since we're already there I say we start filling tankers with Iraq's oil...

427sharpe · #35 (**permalink**) 05-24-2008, 07:03 PM

Ya know Ronbo....I don't see why it's such a bad idea for the Iraqi gov't to subsidize some of the costs we carry for their defense! Certainly we could work out a reparations schedule easily enough. Only hitch would be all the lefties screaming 'SEE! It really WAS all about oil!'. I can live with the noise.

It is amazing how much history is repeating right now...and we seem like the Weimar Republic.

trularin · #36 (**permalink**) 05-25-2008, 07:12 AM

This thread could run for the life of CC.

4RE KLR · #37 (**permalink**) 05-25-2008, 08:24 AM

I don't think it was about the oil to begin with. I could be wrong though. But I see no problem in them paying us back for what Americans have spent saving their butts.

Of coarse there is no way to repay the families of those that died saving their butts.

Fuel went up twice at the same station yesterday. That does not count what it was when they opened.

I can tell you one thing though, we went out for lunch yesterday. The restaurant was vacant at high noon. The prices had gone up three to four dollars per plate. The service was wonderful, they had NO ONE else to wait on.

4RE KLR · #38 (**permalink**) 05-25-2008, 08:25 AM

Tru,
This sound familiar?

Energy fears looming, new survivalists prepare (AP) : Yahoo! Green

Ron61 · #39 (**permalink**) 05-25-2008, 10:27 AM

Steve,

I think there may be a lot of truth to some of that. I was over at the shooting range the other day and Jeff told me the gun and ammunition sales have almost doubled in the past two months.
The motorcycle and bicycle sales in Redding have gone out of sight and there is now a waiting list for a motorcycle that is large enough to be legal on the freeway. And just like the Shelby cars, a $8K motorcycle now runs around $17K when you can get one. Two motorcycle shops sold everything they had in one week.

Ron

Rick Parker · #40 (**permalink**) 05-25-2008, 01:40 PM

I live in an area where Dairy, Poultry, Corn, and Almonds are the heart of farming. For about the last 18 months there has been an Ethenol plant being built nearby. The farmers I talk to on a daily basis are screaming at what it happening to the price of Corn which is normally bought by the Dairy and Poultry Producers for feed but is begining to be warehoused for Ethenol thereby driving the cost of Chcken, and Dairy products through the roof.