connie lingus Posted August 18, 2003 Share Posted August 18, 2003 Greetings! The Fed (central bank) in the US is allowing the dollar to fall below the Euro at a precipitous rate of decline, causing OPEC to want oil to be traded in Euros rather than the Dollar. If this happens gas prices will double overnight! Quote Link to comment Share on other sites More sharing options...
Parabellum Posted August 18, 2003 Share Posted August 18, 2003 Hopefully this won't happen. You can pretty much guarantee riots and some unrest if it does. Americans are already sick of paying so much for gas. I remember just 3 or 4 years ago, 87 Octane gas could be had for as little as $0.97/gallon. Now it's hard to find it for under $1.50/gallon. Quote Link to comment Share on other sites More sharing options...
Pyro_Monty Posted August 18, 2003 Share Posted August 18, 2003 Americans are already sick of paying so much for gas. Ahaha, you're kidding right? Dude, you should try living over here... or anywhere else for that matter. I was watching something about this on CNN this morning... the guy was saying that... oh jeeze, I don't remember - it was seven in the morning! Quote Link to comment Share on other sites More sharing options...
jeffery Posted August 18, 2003 Share Posted August 18, 2003 in new zealand we at $1.08 a liter the usa doller is 58cent {one usa doller equal 1.42 new zealand } 2yr ago we go down to 42usa cent i work in a export venson plant as the dollar go up we lost more work but we get cheap game and import it is all so cheap to fly around the word Quote Link to comment Share on other sites More sharing options...
Parabellum Posted August 18, 2003 Share Posted August 18, 2003 (edited) Americans are already sick of paying so much for gas. Ahaha, you're kidding right? Dude, you should try living over here... or anywhere else for that matter. I was watching something about this on CNN this morning... the guy was saying that... oh jeeze, I don't remember - it was seven in the morning! No, I'm not kidding. America is a little different than other countries. Some Americans drive 100+ miles to/from work every day. Heck, Florida is bigger than some European nations. Americans drive quite a bit, and, I know that my wife and I personally spend $40 - $60/week on gas for the one car that we drive regularly. But the point, really, is not how expensive gas is in comparison to gas in GB or anywhere else. The point is that gas is so much more expensive than it was just a couple of years ago. Gas prices have risen 50% in the past 3 years. Edited August 18, 2003 by Parabellum Quote Link to comment Share on other sites More sharing options...
Pyro_Monty Posted August 18, 2003 Share Posted August 18, 2003 True, but so has the price of everything. The value of money in general has decreased but salaries have increased proportionally. It's just inflation and it's been happening since the dawn of money itself. Besides, with petrol these kinds of changes are not surprising. As any natural raw material nears the end of its supplies it is only expected to increase in value accordingly. Quote Link to comment Share on other sites More sharing options...
Parabellum Posted August 18, 2003 Share Posted August 18, 2003 True, but so has the price of everything. The value of money in general has decreased but salaries have increased proportionally. It's just inflation and it's been happening since the dawn of money itself. Besides, with petrol these kinds of changes are not surprising. As any natural raw material nears the end of its supplies it is only expected to increase in value accordingly. Salaries have not increased in the States, let me tell you. Nor have all prices risen equally with gasoline. Not in the States anyway. Quote Link to comment Share on other sites More sharing options...
BlueRose_76 Posted August 18, 2003 Share Posted August 18, 2003 Meanwhile in Holland: +/- 1,20 Euro/liter 1 liter = 0.22 gallon 1 gallon = 5.46 Euro/ +/- 5.46 USD Nuff said Quote Link to comment Share on other sites More sharing options...
Parabellum Posted August 18, 2003 Share Posted August 18, 2003 Meanwhile in Holland: +/- 1,20 Euro/liter 1 liter = 0.22 gallon 1 gallon = 5.46 Euro/ +/- 5.46 USD Nuff said But what's the average salary there? The average American makes less than $40k per year, and 50% of Americans have less than $1k in assets. We're not as rich as some other folks might be led to believe. Quote Link to comment Share on other sites More sharing options...
Syncopator Posted August 18, 2003 Share Posted August 18, 2003 (edited) Americans are already sick of paying so much for gas. Hehehe. yeah I get u Parabellum - but it is damn expensive here also. In fact more expensive - but as you rightly point out - less is required for the average journey to work (though that is NOT justification for it being MORE expensive!!!). It still is extortionate. Hence my car being sold off 6 mths ago. Ive had it with car culture. 5 years of not living without and now I do without. More beer money! Woohoo! For example: (quote from Ananova news) The average cost of unleaded fuel is now back to its May 2003 level of more than 75p a litre, according to fleet and fuel management company Arval PHH. The average cost of diesel has also gone up - reflecting the traditional summer rise in fuel prices. The company's statistics showed that in July 2003, the average price of unleaded petrol was 75.37p a litre. The cheapest was to be found in Southend-on-Sea, Essex, at an average price of 70.90p, while the most expensive was at Wick, Caithness, at an average price of 83.70p. 75.37p per litre - which I guess is more than a dollar per litre. Which is about a 1/4 of a gallon - less in fact - so we are paying equiv to about $4.35 approx for a gallon of juice. Probably more as I havent worked that out - just quick approx. You pay $1.50 a gallon. Then think about Road Tax in UK - about £169/annum for a 2.0litre saloon these days. And insurance here is scandalous - about £5-600/annum average with 1 or 2 yrs NCD on an average grouped car in inner city area. plus MOTs in UK. Scandal. Get ripped off each year to the tune of about £350 for new tyres, and some very dodgy garage labour charges - which involves changin a washer and having a cuppa! Walk it - im tellin ye! Edited August 18, 2003 by Syncopator Quote Link to comment Share on other sites More sharing options...
snakebite1967 Posted August 18, 2003 Share Posted August 18, 2003 Id have to agree i breathed a sigh of relief when i finaly traded in my 83 2litre capri that cost me a fortune to keep on the road to numerous v8's and v6's with no annual MOT's and cheaper gas and insurance, tho in recent years its also got very expensive here in canada Quote Link to comment Share on other sites More sharing options...
BlueRose_76 Posted August 18, 2003 Share Posted August 18, 2003 But what's the average salary there? The average American makes less than $40k per year, and 50% of Americans have less than $1k in assets. Here, the average salary, per two-person household, is 25-30.000 EUR per year. And as synacopter already mentioned, im not even talking about road taxes, insurance and parking-costs. I would love to drive a US car, but the costs of a V8 powered and the weight (where the road tax is based on) of a mean looking musclecar is way, way beyond my financial capabilities . Quote Link to comment Share on other sites More sharing options...
Syncopator Posted August 18, 2003 Share Posted August 18, 2003 83 2litre capri Always wanted a Ford Capri....with leapard skin seat covers and furry dice. Man... Quote Link to comment Share on other sites More sharing options...
snakebite1967 Posted August 18, 2003 Share Posted August 18, 2003 (edited) hehe i had a few of them loved capris, always wanted a turbo but could never afford one tho i did own an older JPS player special with recarro seats a racing 5 speed and twin webbers Edited August 18, 2003 by snakebite1967 Quote Link to comment Share on other sites More sharing options...
connie lingus Posted August 18, 2003 Author Share Posted August 18, 2003 Besides, with petrol these kinds of changes are not surprising. As any natural raw material nears the end of its supplies it is only expected to increase in value accordingly. Greetings! Oil shortages are a fraud perpetrated by the OPEC countries and oil corporations. We will never exhaust the oil supply, but those who sell oil will cut production to keep prices high. I really do wish our war in Iraq was about oil! I'd love to seize the oil fields in Saudi too. Quote Link to comment Share on other sites More sharing options...
Syncopator Posted August 19, 2003 Share Posted August 19, 2003 We will never exhaust the oil supply Eh?? What geological breakthrough are you basing that incredulous statement on? Oil is finite. We are consuming it at a logorithmically increasing rate relative to its natural formation. How then do you suggest that we will never exhaust the supply unless we simply stop all usage immediately prior to its exhaustion? Quote Link to comment Share on other sites More sharing options...
Parabellum Posted August 19, 2003 Share Posted August 19, 2003 Whether or not we're going to run out of gas is immaterial for us today; we're not in immediate danger of using up our oil supply. What is relevant is the price-gouging by OPEC. Something must be done to right this situation. I think we all are in agreement that each of us pays too much for gasoline and other petroleum products. Quote Link to comment Share on other sites More sharing options...
Syncopator Posted August 19, 2003 Share Posted August 19, 2003 we all are in agreement that each of us pays too much for gasoline and other petroleum products Indeed. Quote Link to comment Share on other sites More sharing options...
connie lingus Posted August 19, 2003 Author Share Posted August 19, 2003 We will never exhaust the oil supply Eh?? What geological breakthrough are you basing that incredulous statement on? Oil is finite. We are consuming it at a logorithmically increasing rate relative to its natural formation. How then do you suggest that we will never exhaust the supply unless we simply stop all usage immediately prior to its exhaustion? Greetings! Oil reserves that have been discovered are far from being used up. Oil reserves that are in the sea and in the tundra has yet to be fully utilized. Many more areas are untapped yet. Oil recycling for motor oils and other lubricants yield much but is not used by most countries. Oil shortages are a canard to gouge prices! Quote Link to comment Share on other sites More sharing options...
Marcinko Posted August 19, 2003 Share Posted August 19, 2003 I'm sure that in our scientific state today, we can find other ways to make "fuel". there is tons of coal to be used, just have the problem of cleaning it, cause of sulfur conten, ethanol, nother way to use "less" gasoline. Theres some other ways to, my class discussed all this in Chemistry last year. The "new" gas, i'm guessing will not be cheap, but thats somthing i nor you will probably have to worry about.... least not in this lifetime Quote Link to comment Share on other sites More sharing options...
BlueRose_76 Posted August 19, 2003 Share Posted August 19, 2003 Oil reserves that have been discovered are far from being used up. Oil reserves that are in the sea and in the tundra has yet to be fully utilized. Many more areas are untapped yet. Why arent they fully utilized? Because that will cost too much. All the 'easy' places for winning oil are already taken. By the time they run out they will go for the more expensive options, which makes it more expensive for the end user. I think for the long term, its better to spend more money on research in durable and less consuming vehicles. And take the enviroment into account. Peace man. Quote Link to comment Share on other sites More sharing options...
Parabellum Posted August 19, 2003 Share Posted August 19, 2003 It should be reiterated (in plain English) that a true oil shortage isn't what's raising oil prices. Oil prices are rising because of purposeful price gouging by the oil industry. To be blunt, OPEC has most of the developed world by the horns, and they know it. That's a bit sad to me, because the US has massive oil reserves; our leaders have simply chosen not to use them. I don't doubt for a moment that alternative sources of energy are already in testing and use. Several large cities in the US utilize busses that are powered by a corn-oil blend. The only biproduct is water, and the exhaust smells like popcorn. Why isn't this widespread? Because the powers-that-be are sure to do everything in their power to make sure that this new technology doesn't become available until they can reap maximum profits, at the public's expense. Quote Link to comment Share on other sites More sharing options...
Syncopator Posted August 20, 2003 Share Posted August 20, 2003 Because the powers-that-be are sure to do everything in their power to make sure that this new technology doesn't become available until they can reap maximum profits, at the public's expense. Thats the simple (and correct) answer to this thread. Socio-economic power is what fuels this world. Not science unfortunately. Until a fuel becomes the most profitable to proliferate and trade, it aint ever gonna fuel anything...apart from the imagination. We can only hope the law of the dollar (pound, euro, whatever) comes to a forced end at some distant future point. But that will only be when there is only one man left to do anything about it. Human nature methinks. Quote Link to comment Share on other sites More sharing options...
connie lingus Posted August 20, 2003 Author Share Posted August 20, 2003 I think for the long term, its better to spend more money on research in durable and less consuming vehicles. And take the enviroment into account. Peace man. @BlueRose Let's all sing Cumbaya! Quote Link to comment Share on other sites More sharing options...
Marcinko Posted August 20, 2003 Share Posted August 20, 2003 Greetings, I was told prices in the U.S. are going up, because companys are producing fuel for "winter" not that they are shutting down all production for vehicles, just slowin it down a bit.... thats what i heard, cant belive everything you hear, u guys tell me. the whole greetings thing is a joke, hahaha Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.