# The "Oil Prices" thread. **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [March 10, 2008, 10:44am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739 "2008-03-10T10:44:58Z")\ **Posts on this page:** 20\ **Page:** 86
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [January 12, 2015, 11:37am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1701 "2015-01-12T11:37:31Z")
I just drove 3,110 miles across the country for under $300 in gas. With 500hp running 93 (or 91 in states that didn’t have it.) and cruising at 80-95 MPH depending on state and speed limit :bigtup: ---
**Author:** ![Tbirdsc1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tbirdsc1/32/7487_2.png) [@Tbirdsc1](https://forums.speedlife.net/u/Tbirdsc1)\ **Post date:** [January 12, 2015, 11:38am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1702 "2015-01-12T11:38:55Z")
> [@boardjnky4](#): > > I’m still fixin’ to get a pickup in the next year or so. The current conditions help that. Of course, not sure what the long-term holds, but I need the larger vehicle to be able to travel with my boat a little bit more. > > But more importantly, these gas prices are going to result in MANY more hours on my boat this summer. 6 gallons per hour isn’t gonna be so bad at $2/gallon. Put your order in now for the '17 Raptor…lol :tup: ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [January 12, 2015, 11:50am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1703 "2015-01-12T11:50:47Z")
I paid under $3 for 93 and loved it. The US fracking has just destroyed the gas market. With cheap oil, I wonder how the ISIS black market is going with them selling barrels since the normal markets are crashing down as well. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [January 12, 2015, 11:56am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1704 "2015-01-12T11:56:30Z")
> [@Tbirdsc1](#): > > Put your order in now for the '17 Raptor…lol :tup: boy would I love to … pockets aren’t that deep though. Actually probably looking at something mid-size like a Frontier/Tacome/Canyon/Colorado… OR a used F-150/Sierra (which leaves room for a 3rd car in the driveway). Honestly, I’m VERY undecided on what I am going to do (obviously). All I know is that I need to get something with a tow capacity in the 7,000+ range. The more capacity, the better I’ll feel with it on the highway. After towing a 24ft boat up the mountains in an 08 F-250 6.4L Diesel (with a ton of aftermarket upgrades), I am just really feeling terribly about towing my boat with a Honda Pilot. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [January 12, 2015, 12:22pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1705 "2015-01-12T12:22:37Z")
we put $25 in gas in a rental that we have to return empty… have to drive 150 miles in the next 18 hours now… first world problems / cheap gas problems ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [January 12, 2015, 12:27pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1706 "2015-01-12T12:27:18Z")
my favorite chart today: ![http://www.bloomberg.com/image/i4W2YOzoccF4.jpg](http://www.bloomberg.com/image/i4W2YOzoccF4.jpg) ---
**Author:** ![rugsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rugsr/32/7474_2.png) [@rugsr](https://forums.speedlife.net/u/rugsr)\ **Post date:** [January 12, 2015, 1:35pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1707 "2015-01-12T13:35:22Z")
Lol at Saudia Arabia…but im sure they have enough $ to cover themselves for a few yrs - - - Updated - - - > [@ProgRocker](#): > > I’m going to buy a generator and and run it even when I DO have power. 👏 ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [January 15, 2015, 5:45pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1708 "2015-01-15T17:45:05Z")
> **[Why OPEC Is Talking Oil Down, Not Up, After 48% Selloff](https://www.bloomberg.com/news/articles/2015-01-09/why-opec-is-talking-oil-down-not-up-after-48-selloff)** > > If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. i subrscribe to the above view. OPEC trying to skim the high cost producers off the market which will take months to correct. the more speculative companies and governments are already adjusting and it is having a notable affect up here in Canada. the boom province of alberta is scared as shit… > **[Alberta recession? The mindset is already setting in: Kathleen Petty | CBC News](http://www.cbc.ca/news/canada/calgary/alberta-recession-the-mindset-is-already-setting-in-1.2900940)** > > For a decade now, Alberta has been the promised land, economically speaking, Kathleen Petty writes, but that looks like it's about to change. When even the premier says Albertans have been living above their means, you know there is trouble coming. ---
**Author:** ![jay\_g](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jay_g/32/111288_2.png) [@jay\_g](https://forums.speedlife.net/u/jay_g)\ **Post date:** [January 16, 2015, 5:41am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1709 "2015-01-16T05:41:57Z")
We do a lot of business with companies that are involved with oil. Our insulation covers are on oil/gas rings all over the world. When the cost of oil goes down then nothing new is being built. Soon we will start to feel the effects of this. Local mechanical shops who build parts, pipe skids, pump stations…are starting to slow down. ---
**Author:** ![Carnut](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carnut/32/7590_2.png) [@Carnut](https://forums.speedlife.net/u/Carnut)\ **Post date:** [January 16, 2015, 10:38am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1710 "2015-01-16T10:38:43Z")
$826.4 billion [SIZE=3]I wonder when someone will decide to use real weapons. Russia is hurting just as much.[/SIZE] ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [January 16, 2015, 11:09am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1711 "2015-01-16T11:09:11Z")
who is going to use weapons against whom for what result? ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [January 16, 2015, 11:10am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1712 "2015-01-16T11:10:55Z")
Can’t help but wonder… Are we actually making progress in the Energy sector? 1. Demand for crude oil not as high as expected 2. PHEV and EV cars making headway as “mainstream” 3. Saudi’s making desperate moves to drive out their competition Are things starting change finally? Maybe our days of wildly profitable oil sector are behind us? - - - Updated - - - > [@theblue](#): > > who is going to use weapons against whom for what result? In theory, Russia could attack the Saudi’s for refusing to cut production and destroying their economy… IN THEORY. All they would need is a targeted attack on their crude oil production systems and oil prices would go back through the roof. It would be pretty extreme though, and it would likely spark WWIII ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [January 16, 2015, 11:35am UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1713 "2015-01-16T11:35:42Z")
is it possible to peg the price of oil or fix it as nations can do with their currency by pegging it to other currencies? because if such a mechanism existed where rather than a supply-side cartel (OPEC) there were a buy-side cartel that fixed their buying price at a price that is viable for native producers (US, Can, Western Europe) it would help fight OPEC’s ability to manipulate the market with production quotas. This already happens informally where suppliers and buyers set price contracts over multiple years. I was reading where some suppiers in Canada had set 5 year sale agreement with their clients on a portion of their production at like $75 a barrel so that even when it was $110 a barrel they were selling for $75 but now that it is $50 they are still getting $75. The net impact was resistance to this current condition. It allows buyers and sellers to more accurately forecast out and remove market sensativity from their business. ---
**Author:** ![95dime](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/95dime/32/7514_2.png) [@95dime](https://forums.speedlife.net/u/95dime)\ **Post date:** [January 16, 2015, 2:34pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1714 "2015-01-16T14:34:01Z")
> [@boardjnky4](#): > > boy would I love to … pockets aren’t that deep though. Actually probably looking at something mid-size like a Frontier/Tacome/Canyon/Colorado… OR a used F-150/Sierra (which leaves room for a 3rd car in the driveway). Honestly, I’m VERY undecided on what I am going to do (obviously). All I know is that I need to get something with a tow capacity in the 7,000+ range. The more capacity, the better I’ll feel with it on the highway. > After towing a 24ft boat up the mountains in an 08 F-250 6.4L Diesel (with a ton of aftermarket upgrades), I am just really feeling terribly about towing my boat with a Honda Pilot. You really should look to the fullsize trucks if you’re wanting a towing capacity of 7000+ lbs. towing that much weight with a midsize truck is not very smart, regardless of what the engine/gearing combo is. that weight will push a midsize truck all over. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [January 16, 2015, 2:45pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1715 "2015-01-16T14:45:42Z")
> [@95dime](#): > > You really should look to the fullsize trucks if you’re wanting a towing capacity of 7000+ lbs. towing that much weight with a midsize truck is not very smart, regardless of what the engine/gearing combo is. that weight will push a midsize truck all over. Yeah, I know. But my wife doesn’t want to drive a full size truck and I don’t want to drive 30 miles a day at 10mpg, so we’re at somewhat of a dilemma. 3 cars is an option, but I’d really rather not maintain 3 vehicles and I don’t have the driveway space for it. ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [January 16, 2015, 2:49pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1716 "2015-01-16T14:49:38Z")
How did I miss all this banter? In b4 petrodollar is no longer honored, oil was the WMD in Iraq. The fallout from oil being this low will be likely be widespread like Jay\_G said. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [January 16, 2015, 3:24pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1717 "2015-01-16T15:24:25Z")
[quote=“jay\_g,post:1709,topic:44739"”] We do a lot of business with companies that are involved with oil. Our insulation covers are on oil/gas rings all over the world. When the cost of oil goes down then nothing new is being built. Soon we will start to feel the effects of this. Local mechanical shops who build parts, pipe skids, pump stations…are starting to slow down. [/quote] While the rest of America has an extra 2 billion a day to spend in the economy ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [January 16, 2015, 3:35pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1718 "2015-01-16T15:35:27Z")
> [@LZ](#): > > While the rest of America has an extra 2 billion a day to spend in the economy ![http://img0.joyreactor.com/pics/comment/gif-Simpsons-tv-shows-tv-512322.gif](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/2/8/28e9e4628d16ed154c17251a13b2a676472976e5.gif) ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [January 16, 2015, 3:38pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1719 "2015-01-16T15:38:26Z")
> [@LZ](#): > > While the rest of America has an extra 2 billion a day to spend in the economy +1 I feel bad for anyone related to oil, but yall have been riding this high for long enough. Time for the rest of us to get some cash in our pockets. ---
**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\ **Post date:** [January 16, 2015, 3:47pm UTC](https://forums.speedlife.net/t/the-oil-prices-thread/44739/1720 "2015-01-16T15:47:52Z")
> [@boardjnky4](#): > > +1 > > I feel bad for anyone related to oil, but yall have been riding this high for long enough. Time for the rest of us to get some cash in our pockets. You guys have heard about “too big to fail” right? 😛 On a more serious note, has anyone considered the USD has been gaining spending power? Isn’t it logical, commodities priced in USD drop as the value of USD climbs? [Previous page](https://forums.speedlife.net/t/the-oil-prices-thread/44739.md?page=85) [Next page](https://forums.speedlife.net/t/the-oil-prices-thread/44739.md?page=87)