A lot of good reasons for it to stay high and almost none for it to go back down.
And of course just wall street fun
Once again, speculators behind sharply rising oil and gasoline prices
WASHINGTON — U.S. demand for oil and refined products — including gasoline — is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes.
Yet oil and gasoline prices are surging.
On Tuesday, oil rose past $106 a barrel and gasoline averaged $3.57 a gallon — thanks again in no small part to rampant financial speculation on top of fears of supply disruptions.
The ostensible reason for the climb of crude prices on the New York Mercantile Exchange, where contracts for future delivery of oil are traded, is growing fear of a military confrontation with Iran in the Persian Gulf’s Strait of Hormuz, through which 20 percent of the world’s oil passes.
Time to start learning how to tune electric vehicles. :ahh
Yeah because extra cost of insurance, registration, going through more tires not to mention initial cost of the bike + gear is going to save you money, when you ride it for 6 months a year.
Feel free to do the math how many miles you’ll need to cover on the bike just to break even.
Pretty sure insurance would be cheap as shit. I wouldnt be going for a brand new busa and id grab a decent helmet and few other things. Dont need super sticky high perf tires, just something decent and as long as it was dry id ride it so the 6 months thing isnt a factor. The gas mileage they i get paid for a month would oay the payment, insurance and probably most of the gas.
I just get tired of people having the misconception that buying a motorcycle will somehow save you money. Frequent tire costs alone eat the gas “savings” not to mention the rest.
Ironically the only bikes that have a slightest chance of offsetting the cost are dirt cheap “girly” 250’s and scooters. :rofl
I get aboyt $345 a month in mileage pay. pretty sure i could break even with payment, gas an insurance on a bike. Actually, im positive. Be a lot cheaper than driving either V8 i own. Even on ethanol.
Secondly it doesn’t matter if you get paid to drive it or comes out of your pocket, the math is the same. Car will still be on the road and require it’s own insurance and reg etc, so bike is extra fee in every single way other than better mpg. Figure out how much you spend a year on gas (Average person is around $1500-$2000, you’re presumably more), divide that by 4 and you will get your early savings just to gas. At $500 a year it will take quite some time to make the initial “investment” back.
No it wont, buying an older Ninja 250 for no more then 2K plus liability insurance (around $120/year) plus helmet and gloves and you have made up for that in about 5-6 years…maybe sooner if gas breaks $5+ a year. Gotta start somewhere Vlad to save money!
However I agree with you if someone goes out and buys a brand new bike with full coverage, then its not even worth it at that point.
gotta agree with nick on this one… while going from a 20 mpg car to a 30mpg is so such a retarded reason to switch cars i think a bike WOULD save money… insurance is like $300 a YEAR, you get what? 50-60mpg? And im not sure how often you need to change tires but I’ve boughten a brand new back tire for a cbr 900 and it was like $67
This. Was looking at a nice gsxr 600 like an 06 i believe with some miles on it but it was like $3100 i believe. Had an exhaust and jet kit. I can use my helmet i got for christmas and some other gear needed. If what i get for gas money from work for the month covers what i need to pay for gas, insirance and payment, thats 100% ok with me. Which i know it will. Rather than spend 40$ in my charger to make the trip once a week to queensbury, 30$ to go to amsterdam, 50$ to go to schenectedy twice a week. I know itll pay for itself and thats fine with me rather than raping myself with a dull knife paying $4.50 a gallon and getting 14mpg.
