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View Full Version : Wow! Oil hits $60/barrel today


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Onefast99gsx
06-27-2005, 04:10 PM
Yeah a guy was in a convenience store the other day saying a similar phrase. "Yeah gas is still cheaper than a gallon of milk." I was like sorry dude, i don't drink 10 gallons of milk a day!

So if we all drive Geo's in the future, will we have a site called GEOStyle ? LOL

Currently trying to find out what hardware/device is need to test the octane level of fuel is. Anyone know? I know dam well what i'm buying of 93 ISN'T 93!!! If i could prove it, i'd sue their ass! I think someone i know has tested fuel before because he's a tech for a snowmobile race circuit. I'll have to get in touch with him.

BTW- You're paying too much for your bottled water. Ours is .99 cents. :-)

Onefast99gsx
06-27-2005, 04:28 PM
I just emailed this to BP now. I'm dead serious about the matter. I put 87 in the car Friday because it doesn't act any different than the supposed labeled 93.


Hello. I am very frustrated over the quality of fuel i'm getting at the BP store in Abbotsford, WI 54405. It is a must that i purchase 93 octane for my turbocharged car. I strongly feel that the 93 oct. that i'm pumping into my car isn't truly 93. I bought a datalogger to attach to my cars dataport and i'm showing very high levels of knock. This amount of knock should not be present if it were truely 93 octane. The 93 is acting like 87 or 89oct. I have never had any problems with BP fuels up until this year with all the energy problems going on. If it isn't truly 93 then it shouldn't be marketed as 93. I would like someone to physically test it. If someone does not, I will have it analyzed by someone that is qualified. If it is not truly 93, I will have it turned over to the state commision. I'm paying about .14 cents more for fuel that i feel i'm not getting.

Thank you.

brently
06-27-2005, 07:17 PM
Low sulfur fuels clog fuel injectors such as Holiday Blue Planet. What do you mean your dad tried ethanol for 1 week? All gasoline we purchase in MN contains 10% (except certain kinds specified for boats, classics, etc.), the highest concentration you can buy is 85% in E85, but that is only for certain FFV vehicles.

oops, forgot to mention he lives in Iowa.

Jana
06-27-2005, 07:24 PM
I've put the E85 in my car (from IA) and I actually didn't notice a difference, car ran great, and seemed to get even better gas mileage.

I shouldn't bitch about the prices either, it was my choice to move out here to BFE, but it still sucks. At least my car gets nearly 40 mpg :D

niterydr
06-27-2005, 07:36 PM
Well whats sweet, is when we are all driving 50mpg commuter cars, the oil suppliers will just slash production so they can maintain the $60/barrel price.
"They" don't care how much they sell, just how much they get for it.
I highly doubt it will get to a point to where there is a 'stockpile' unless the US steps in and throws some of its oil on the market. We'll all just have to suck it up and get use to it.

Jakey
06-27-2005, 08:03 PM
Ethanol is inefficient and has no place at the gas pump. It gets worse mileage, burns hotter, and contains less energy than gasoline per gallon.


N/M, I don't want to start a big argument.

JET
06-27-2005, 10:18 PM
Well whats sweet, is when we are all driving 50mpg commuter cars, the oil suppliers will just slash production so they can maintain the $60/barrel price.
"They" don't care how much they sell, just how much they get for it.
I highly doubt it will get to a point to where there is a 'stockpile' unless the US steps in and throws some of its oil on the market. We'll all just have to suck it up and get use to it.
That isn't true. They are trying to maximize profits. Stats class is your friend :D They want to keep production at a point where they will get a high profit/barrel yet still sell a large quantity. This will yield a large profit. The thing is that they can't get too greedy or it will be more enticing to move to alternative energy sources. They are walking a fine line and OPEC has said that they want to keep oil prices below $60. They must feel that is the breaking point where people will get pissed.

Alternative energy is coming and them bumping up the prices is going to force the issue. Once other energy sources come into the main stream, they are going to watch their countries go down the crapper!

Onefast99gsx
06-28-2005, 12:22 AM
Yep, everytime we talk about about alternative fuels, the price begins to drop some. I really think this whole thing right now is a test. A test to see where it starts to really affect economy. The suits tell us our demand is 86 million barrels a day where only 84 mill is being produced. You just can't listen to them. Alot of this has to be fabricated stories to line their pockets. They come up with these stories that they can't drill anymore but that's b.s. When is the last time they built a new oil rig or tried to drill elsewhere. If they start pumping excessive amount of oil out of the ground they will have to reduce the price because they have a surplus of it. That's definately what the big oil cartel does NOT want. It's not really about keeping up with demand. It's about setting a quota of 84 million/day, sticking to that quota and rationing it off with high gas prices. They don't want to put the effort into drilling more when they can remain rich at the current output. Don't think for a minute that they are reinvesting those billions of dollars back into the industry with alternative methods and sources. They are only a handful of alternatives we have: Nuclear, Coal, Hydrogen, Solar and probably a couple more and how much have those technologies moved forth. It will probably be a decade at least before we see hydrogen gas stations around here.

Enough, i'm off to bed.

JET
06-28-2005, 07:52 AM
They also found a decent sized oil bed in Utah 2 months ago. They estimate it at 1 billion barrels. Nothing huge, but it could help out. There is also a bunch in Alaska that they better start going after. It takes quite a while to get an oil rig up and running though.

Unlikely Hero
06-28-2005, 10:21 AM
Ethanol is accually a better fuel in the sense it runs cooler, theres more oxygen in the fuel so more power out of it as well. The only thing I don't like about it is that it does reduce your gas milage so in a way you dont save really any money in using it. I've been debating if I want to try using the E85 and tuning it with that but I don't want to mess up any seals or what not.
=Jason-