Damn! Look at the price of gas!!!

[Times Roman]

I think over the next month light sweet crude will trade to $52/bbl. Since gasoline is highly correlated to this and the crack spread is narrowing you will see sub $2 w/tax for sure. Tax varies but is something around 30 cents/gal (we never see this b/c added in already)

fawk!

$52/bbl.

this is going to destroy the Russian economy

[thegame1431]

on friday oil fell to $57 a barrel which means in my state is should be under $2 a gallon very soon

[Times Roman]

$2.61

[thegame1431]

that is kinda the whole point.... the US and Saudia Arabia are influencing the oil prices down to politically impact Russia and Iran... We need to teach both of those countries a lessen...

[Times Roman]

Canada is becoming an influential oil exporter, with exports to the USA over 3mm barrels a day last month. And they are looking to increase market share, despite price/barrel reductions in crude already in place. This will have a significant impact on world oil prices, putting downward pressure on price for years to come. For OPEC to maintain market share, they too will have to drop the price.

This will impact the fledgling electric car industry, and to a certain extent, the renewable energy industry. Ultimately, this could break the economics backs of Russia, Iran, Saudi Arabia, Venezuela and other countries predominantly supported by oil sales.

Destabilizing Russia could prove disastrous, especially if they begin to sell off nuclear assets to support the elite few.

[lovbyts]

Thus the vicious circle. Gas/oil prices increase to the point to where people finally start cutting back the use and focusing more on renewable energy, new technology and being more green, taking the bus, riding bikes and electric or alternative fuel cars. Then the oil companies drop prices to ease up the burden on the users until they loose focus on the renewable and green products thus causing many to go out of business or bankrupt due to lack of funding until the oil companies gain market shares again and the price of gas/oil will increase again.

Hopefully people at some point will not fall for the same old tricks and continue to advance with new technology.

[Hazard]

$2.35 today

[< <Samson> >]

Just seen 2.33 a block from my house

[Times Roman]

Thus the vicious circle. Gas/oil prices increase to the point to where people finally start cutting back the use and focusing more on renewable energy, new technology and being more green, taking the bus, riding bikes and electric or alternative fuel cars. Then the oil companies drop prices to ease up the burden on the users until they loose focus on the renewable and green products thus causing many to go out of business or bankrupt due to lack of funding until the oil companies gain market shares again and the price of gas/oil will increase again.

Hopefully people at some point will not fall for the same old tricks and continue to advance with new technology.

as long as there is profit to be had, they will continue........
........take away the profit, and the interest in the tech wanes.

[< <Samson> >]

Now, this is getting almost interesting

2.17 at the Sam's Club by my house


I never thought I'd see gas under two & a quarter in my life again.

[lovbyts]

Now, this is getting almost interesting

2.17 at the Sam's Club by my house


I never thought I'd see gas under two & a quarter in my life again.

I think it's about time for me to hit Safeway and use my points to get $1 off. I do this regularly and when I go I take 3, 5 gallon gas cans or we drive both cars so we can use the max 25 gallons at one time.

[ngtmarpete]

Oil's drop in price is not a good thing for the US! If we do not have a correction so then we could look at a slow down in GDP.

[jesse4466]

Oil's drop in price is not a good thing for the US! If we do not have a correction so then we could look at a slow down in GDP.

Stocks are getting crushed.

[Times Roman]

$2.51

[Shol'va]

TR I just filled my tank tonight and the cost here in KC was a whopping 2.13 a gallon and dropping....

[hawk14dl]

Just filled my truck up with diesel. 2.75 / gallon.

I'm loving it

[Times Roman]

TR I just filled my tank tonight and the cost here in KC was a whopping 2.13 a gallon and dropping....

I had em lower the price just for you....

.......tell em Roman sent you!

[Shol'va]

I had em lower the price just for you....

.......tell em Roman sent you!

I did what you said TR and this was their reply....

[RigPig]

3.24 here and that's the cheapest I can remember in a very long time.

[Times Roman]

I did what you said TR and this was their reply....

yes yes yes

hit the road..........

.............after you fill up at the discounted price I set up for you

[< <Samson> >]

Hell has frozen over

1.99

[wmaousley]

Hell has frozen over

1.99

Not yet, Hell, Michigan wont freeze until Saturday with an expected low of 24F

[hawk14dl]

I've seen gas here in Oklahoma as low as 1.75.

You guys are missing out

[hawk14dl]

I take that back. Just checked gas buddy and found it for $1.68/gallon.

Same station has diesel for $2.39

[Times Roman]

fawk!!!!!!!!!!

ok, that beats my three of a kind.......

$2.41 - and I thought I was getting a good price

[Buster Brown]

Cheapest in MA has been 2.41...............I remember. 99 cents!

[lovbyts]

Cheapest in MA has been 2.41...............I remember. 99 cents!

I remember .50 cents.

It was nice filling up my 67 Camaro for under $10 with premium.

[optionsdude]

My target for crude is 33.20 per barrel based on a low from 2009. The current bump is from the $55 psychological level after it breaks that maybe a brief pause at 50 and then the 33.2 level should happen, old lows like to be revisited. I'm not saying it WILL go there but it definitely has a higher probability of going to 33.2 before it goes back to 100.

[Hazard]

$1.99/gal in Newark, NJ today.....

[Far from massive]

What is the compression of newer direct injected cars?

Haven't looked into it much do to being able to afford anything remotely new.


About time they started using direct injection though. Shit, it's just so much more efficient.

Lots of direct injection engines are much higher compression than conventional in port injected. The Mazda is 12.5 to 1 if my memory is correct.

They are able to achieve this for several reasons.

First you have to look at what happens when you have too much compression for a given application. What happens in normal combustion, is that the fuel air burns slowly from the point of ignition (plug gap) to the perimeter of the combustion chambers, instead when it knocks/pings etc. the spark plug will fire (ionize the gap) and fuel air will start to burn outward but build up so much heat that the remaining fuel air mixture or some remaining portion thereof will be ignited by the heat/pressure. Most people confuse this knocking/detonation with actual preignition which is where some portion of the air fuel mixture ignites prior to spark and the rest of the fuel air mixture burns spontaneously almost instantly....This is what will cause almost immediate engine damage.

One exception to the immediate damage from true preignition is, "run on" which also results when you turn off the key and the engine continues to run due to hot spots in the combustion chamber, this of course is rarely seen anymore since a car with modern fuel injection does not supply fuel when the key is turned off.

In a direct injected engine they are able to avoid knocking/pinging for several reasons, one by not injecting the fuel until just before the spark occurs there is no possibility of actual detonation, two since the fuel is only added to the hot chamber the size of the droplets, there distribution in the combustion chamber and the rate of evaporation can all be controlled very well in comparison to a conventional port injected engine. In addition to this the absence of fuel in the combustion chamber and intake tract allows variations in valve timing that would not be possible without increasing emissions in a conventional port injected setup.

Some soon to come variations are gasoline "diesels" that is direct injected engines powered by gasoline where the amount of pressure/heat in the chamber is sufficient to cause self ignition of the fuel in the chamber. That is the timing of the fuel injection controls when the combustion takes place just like in a diesel engine. Hyundai already has one in the works with both supercharger and turbocharger using an 18.5 to 1 compression ratio. Of course big companies like GM have been looking at the possibility of this for a while and chosen not to go that path so whether Hyundai ever does go into production and if so whether it is plagued with problems remains to be seen.

But direct injection is here to stay, the only major shortcomings being high cost of production and repair as well as build up of carbon in the intake tract due to no solvents (gasoline) being present in this area. However the first problem will likey decrease as time goes on and the second can be dealt with easily with a decarboning at 50-75K miles

[fitnesstrainer]

1.75 around here. God bless Texas.

[Times Roman]

2.29

[Iceberg]

My state just got hit with .10 tax increase.

[Rwy]

$1.99/gal in Newark, NJ today.....

That is some mutha ****ing ghetto gas!!!

[lovbyts]

That is some mutha ****ing ghetto gas!!!

I just saw on tv news it listed $1.89 at a shell station. They are usually at least $0.10 higher than other local stations.

[bass]

went down to $2.52 in southern cali, going up slowly though!

[hawk14dl]

I saw it at 1.49 I think. It came back up though, 1.59 for e10 at most stations

[Sfla80]

I saw it at 1.49 I think. It came back up though, 1.59 for e10 at most stations

Where r u???

[fitnesstrainer]

So I guess the reason it's so low is one company is trying to put another out of business? Can someone confirm this at all? Like one of the major bodies that controls the gas here is selling theirs super low to put their competitors out of business.

[hawk14dl]

Oklahoma.

I confirmed via gas buddy, there are a few stations selling for 1.57 here