Hot take: gas is too damn cheap

"bhtooefr" (bhtooefr) 12/02/2018 at 17:50 • Filed to: gas prices

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And if I were actually getting gas, I’d probably get 20 cents off that due to fuel points. (I was instead riding my !!!error: Indecipherable SUB-paragraph formatting!!! , because it was actually warm today.)

Spanfeller is a twat > bhtooefr 12/02/2018 at 17:58

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Not sure about the cost.... but it shouldn’t be subsided for personal consumption (only like people who need gas, which is far from the many that use it )

Bman76 (hates WS6 hoods, is on his phone and has 4 burners now) > bhtooefr 12/02/2018 at 17:58

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Don’t worry, it’s about to spike really bad.

NYankee1927 > bhtooefr 12/02/2018 at 17:58

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Come to Cali. I just filled the truck with premium at $3.75 for 34 gallons

fintail > bhtooefr 12/02/2018 at 18:02

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Come to WA, it is more than $1/gallon more here.  Save for diesel, which has been equal to or cheaper than Regular for a little while now.

atfsgeoff > bhtooefr 12/02/2018 at 18:02

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Gas is too cheap?

...

You... do know that this is a car enthusiast site, right?

Spanfeller is a twat > atfsgeoff 12/02/2018 at 18:04

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I sniff bait.

Bait into a conversation about enviromentalism 

atfsgeoff > Spanfeller is a twat 12/02/2018 at 18:05

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Cheap gas will bring about green vehicles more quickly because the more we use, the sooner we run out.

SilentButNotReallyDeadly...killed by G/O Media > bhtooefr 12/02/2018 at 18:08

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In Sydney, Oz over the weekend, 95 octane E10 was AU$1.20 per litre. In my home town, it was AU$1.56.

Diesel is around $1.60 per litre.

There are 3.785 litres to a US gallon. And the US dollar buys 1.36 Ozzie's at the moment.

facw > bhtooefr 12/02/2018 at 18:10

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I do think gas should be much higher, to account for the environmental damage (and of course the fact the current fuel tax is not indexed to inflation or the price of gas, so it is paying for vastly less infrastructure per mile driven) , but it’s not happening under this administration.

For the record though, I paid $ 3.39 (for premium) to fill up today (didn’t actually fill up, gas pump was strangely slow, so I stopped after 5 gallons).

Spamfeller Loves Nazi Clicks > NYankee1927 12/02/2018 at 18:10

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... that’s how much I’m paying in Ohio.

NYankee1927 > Spamfeller Loves Nazi Clicks 12/02/2018 at 18:15

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Yeesh that is not good for the middle of the country

DipodomysDeserti > bhtooefr 12/02/2018 at 18:21

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Pictured, Oppo responding to your post:

Dr. Zoidberg - RIP Oppo > bhtooefr 12/02/2018 at 18:22

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Paid $3.50-something for premium last week.

Spanfeller is a twat > atfsgeoff 12/02/2018 at 18:25

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I mean... did you ever see the BrickleBerry finale?

That might happen. 

Spamfeller Loves Nazi Clicks > NYankee1927 12/02/2018 at 18:27

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It’s the winter formulation bullshit. Nevermind Shell’s scam of charging close to 60 cents more per gallon for 93 because “V-Power NiTRO!!!” which is even more insulting when they’re blending at a minimum of 10% ethanol content around here.

Spanfeller is a twat > DipodomysDeserti 12/02/2018 at 18:46

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I love the woman taking a selfie with the protestors. 

HFV has no HFV. But somehow has 2 motorcycles > bhtooefr 12/02/2018 at 18:50

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Damn. I freaked or yesterday because their “ 88” ethanol crap was at 2.45. Regular 87 is still at 2.60 

HFV has no HFV. But somehow has 2 motorcycles > Spamfeller Loves Nazi Clicks 12/02/2018 at 18:53

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Ew premium should always be ethonal free.

I was looking at Denver Turbo option and almost everything insisted on on Premuim fuel, but hen I remembered that Co has like 85 ethonal garbage. 

Gerry197 > Bman76 (hates WS6 hoods, is on his phone and has 4 burners now) 12/02/2018 at 19:04

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It did, over $4 gallon in several states. But now dropped again most recently. There is no fundamental reason for higher oil prices, it’s down to traders  making trades based a lot on speculation. 

In reality, US frackers will adjust to any sustained oil prices, which was just proven again. And as the world moves to towards electrification, it’s only going to put pressure on oil prices to stay low.

Supreme Chancellor and Glorious Leader SaveTheIntegras > NYankee1927 12/02/2018 at 19:23

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$3.73  for 93 on NJ

wafflesnfalafel > DipodomysDeserti 12/02/2018 at 19:42

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let them eat cake!

wafflesnfalafel > NYankee1927 12/02/2018 at 19:48

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$3.43 for 92 up here and that’s down a dime from last week  

Brickman > bhtooefr 12/02/2018 at 19:56

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I usually dont complain about cheap gas, but I was a bit worried today, It’s 2.06 at my local chevron.

LongbowMkII > NYankee1927 12/02/2018 at 20:38

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What truck requires premium?

AestheticsInMotion > wafflesnfalafel 12/02/2018 at 22:05

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I keep seeing people talk about $2 premium around here and it makes me sad

Bman76 (hates WS6 hoods, is on his phone and has 4 burners now) > Gerry197 12/02/2018 at 22:39

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I just mean Trump’s recent move where he gave several oil companies exemptions to buy oil from Iran without telling OPEC. The sudden drop is the result, due to high supply. However, this has really pissed off OPEC and is more than likely going to cost us dearly when they retaliate.

NYankee1927 > LongbowMkII 12/02/2018 at 23:04

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F150 Ecoboost with tune

NYankee1927 > wafflesnfalafel 12/02/2018 at 23:07

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Yea all these $3.XX seem about normal . If someone bitches about being in the 2’s...

wafflesnfalafel > NYankee1927 12/02/2018 at 23:20

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cool!

duurtlang > bhtooefr 12/03/2018 at 00:56

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Converted to USD and those vintage US gallon things, gasoline is about $6.50 a gallon here. People still buy those hideous SUVs/crossovers, they’re turning into a plague. So fuel is probably still not expensive enough.

This is in Germany though, where a very strong car manufacturers lobby has made sure there are no significant environment taxes other than fuel taxes.

Gerry197 > Bman76 (hates WS6 hoods, is on his phone and has 4 burners now) 12/03/2018 at 02:48

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They can’t retaliate like you think, because cutting production reduces their market share which will be taken by other countries, especially the US which is now pumping more oil than Russia or Saudi Arabia. We are producing more oil now than 12 out of 14 OPEC members.

They need to sell oil to make money, so they can only do so much to “hurt us” in the process of production cuts to raise prices , they need us to keep buying in a potentially shrinking market in the next couple of decades.

They cut production, we increase production and take their market share. They need to lower prices to take those contracts back. It’s really a no win situation for them now that US production has become so efficient in production and costs.

Prices will continue to go up and down on speculation, but don’t expect high prices for very long, the market doesn’t support that.    

Spanfeller is a twat > duurtlang 12/27/2018 at 12:44

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Fuel prices aren't a good measure, the good measure is fuel affordability.