Re: What have you given up to buy gasoline?

**1er** · 05-12-2008, 10:22 AM

It has to do with there only being around 12 billion barrels of oil left in the earth (ignoring reserves) People may find more, but the likelihood is that they won't for a long time. So if the figures are accurate, we'll be out of oil by 2020

**Evo<^|SiNz|^>** · 05-12-2008, 10:47 AM

Still, I think it's fair to talk about the price of meat and milk in context of the price of gas, because the production and distribution of those products are so heavily dependent on gas and diesel.

Delta*RandyShugart* · 05-12-2008, 12:41 PM

nothing at all....... in Europe they are higher, especially since a lot of the cars i believe also run on Diesel.

**=DdogG=** · 05-12-2008, 01:09 PM

Originally Posted by 1er

It has to do with there only being around 12 billion barrels of oil left in the earth (ignoring reserves) People may find more, but the likelihood is that they won't for a long time. So if the figures are accurate, we'll be out of oil by 2020

Where's your source?

The US is now extracting oil from sand, and there is sail to be more than 1.5 trillion barrels in the one field.

"Oil sands may represent as much as 2/3 of the world's total petroleum resource, with at least 1.7 trillion barrels (270 km³) in the Canadian Athabasca Oil Sands and perhaps 235 billion barrels (37,400,000,000 m³) of extra heavy crude in the Venezuelan Orinoco tar sands [2], compared to 1.75 trillion barrels (278 km³) of conventional oil worldwide, most of it in Saudi Arabia and other Middle-Eastern countries. Between them, the Canadian and Venezuelan deposits contain about 3.6 trillion barrels (422 km³) of oil in place. This is only the remnant of vast petroleum deposits which once totaled as much as 18 trillion barrels (2,100 km³), most of which has escaped or been destroyed by bacteria over the eons."

and http://www.energy.alberta.ca/OilSands/790.asp states another field with 173 billion barrels in Canada.

12 billion barrels would last ~ 6 months....
82.59 million barrels a day in 2004 = 30.2 billion barrels / yr.

**Ryuubi** · 05-12-2008, 11:05 PM

Well i eat out less and i been standing out on the corner a little more. lol jk jk. I been eatin out less and not tryin to spend so much money but some how it happens

**Bunny_NUM** · 05-13-2008, 01:29 AM

Got a higher paying job.

**Switch** · 05-13-2008, 02:17 AM

Originally Posted by CingularDuality

Last year it cost me $40 to fill up, this year $50. <shrug> No big deal...

I started driving in 2000... I could fill up my tank then for less than 15 bucks.
Now it costs 45 (+- depending on the day of the week and the position of the moon and sun and stars) for a fill (a different car, I admit... but from carolla to integra, one small tank to another)

so in 8 years, the cost of gasoline has gone up over 300%... thats pretty significant.

Lets use some numberos to see how this effects the masses:

Average Yearly Wage: 40k
Regular Gas Price: 3.70
Commute to work = 2 tanks (2x13 gallon tanks) per week
96 Dollars a week on fuel
4992 A year on fuel

So if you're making the average 40k a year, 12.5% of your monies are going to the cost of attending work. Thats pretty rough compared to the ~4% of the old price from 8 years ago. Now consider that constitutes 8% of a yearly wage that cannot be spent on a mortgage, debts, investments, education, etc.... These gas prices are alot more than just a <shrug> for plenty of people.

**ScratchMonkey** · 05-18-2008, 04:05 PM

Apparently the price of gold has been relatively flat, if you choose the right currency to measure it:

An interesting graph here.

If we could all get our paychecks denominated in a stable commodity instead of the dwindling greenback, we wouldn't even need a regular raise to stay on top of the economy. For example, imagine getting paid in oil ounces, or platinum grams.

**msdz** · 05-18-2008, 07:38 PM

I have been doing a lot of research on making my own biodiesel since I had recently got a diesel truck. Since doing the research I have seen where people are also making their own fuels for gasoline engine vehicles as well. From corn, sugar, sugar cane, wood, just about any biodegradable product can be converted into a fuel for gasoline cars. It involves basically setting up your own moonshine type still to steep of the fuel. Some plans I had seen can be small enough to brew your own fuel on your stove top(not recommended though). I am thinking of making my own biodiesel processor from a lot of the plans I have seen on the internet. Something small since I do not use much fuel anyway. Most already built biodiesel processors can run from $1,500 on up, reason why I would build my own. It would take a lot of home made biodiesel to offset the price of the already made processors. They even have a Dr. Pepper Biodiesel processor that uses a 2 liter Dr. Pepper bottle, lol.

**Yogi** · 05-19-2008, 09:17 AM

Soda for the most part.

**Lord Van Matre** · 05-19-2008, 03:04 PM

I drive a Taxie (Crown Vic, Police interceptor). I find myself not driving around to look for flags as much as I used to. Just sit in a parking lot and hope they can see me if they need a ride or they remembered the number to call. I am finding more people coming out of the clubs and taking the gamble that they wont get the DUI on the way home. More people are driving drunk from 12:30-2:30 then what used to be out there. I only work 48 hours a week, and i am thinking I got maybe a couple of months left till I have to find a real job to pay the bills. If you have to drive at night, use extream caution because it is getting really bad out there.

**El_Gringo_Grande** · 05-19-2008, 06:46 PM

Originally Posted by Lord Van Matre

I drive a Taxie (Crown Vic, Police interceptor). I find myself not driving around to look for flags as much as I used to. Just sit in a parking lot and hope they can see me if they need a ride or they remembered the number to call. I am finding more people coming out of the clubs and taking the gamble that they wont get the DUI on the way home. More people are driving drunk from 12:30-2:30 then what used to be out there. I only work 48 hours a week, and i am thinking I got maybe a couple of months left till I have to find a real job to pay the bills. If you have to drive at night, use extream caution because it is getting really bad out there.

So I am assuming fairs have gone up significantly? Or are there fewer taxies to be had?

**Lord Van Matre** · 05-20-2008, 03:23 AM

Fairs have not changed. In fact i went to another company that had more business, But lowere rates. So I am losing $65-70 a night on fuel and lower rates over last year at this time. People have always complained of prices in Sacramento, but most driver are working 12 hrs a day 7 days a week just to survive. I just dont go out much so and game alot. Thank god I built my computer last year when I had a real job. I dont think they will change the fairs till next year. They are $4 to jump in and 2.50 a mile. A bargin compaired to 6,000 for a DUI and 3-6 months of classes with no drivers liscense. I would guess 85%-90% of the people that are taking taxies have had a DUI or been VERY close to getting one.

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