RV Fuel Issues & Prices - Post 'Em Here!

[Dick_A]

All other fuel threads will be automatically deleted. 🙂

[Gale_Hawkins]

WM gas comes to town at $2.17 per gallon.

[Dick_A]

So Fezz, how did you address the customer in those days?

There is only one correct answer. 🙂

[Fezziwig]

Back when I was a teenager pumping gas at Clarences 66 station (2 pumps!) the independent mom/pops would start "gas wars". They'd cut their prices radically and then when everybody followed suit and the suppliers had to cut the wholesale price they'd fill up their tanks with cheap gas and go back to regular prices. They knew exactly how to play it. A tipoff would be if an independent got a big new tank installed.

pokyjoe48 wrote:
Here in S.E. Id. you pull into a fuel station for diesel, usually where commercial vehicles fuel and prices range from 2.81 to 2.89 a gallon. Then you go by the mom and pop stations and diesel prices there range 2.71 to 2.76 a gallon. What gives with that??? ...

[LindsayRichards]

I think this border dispute between Iraq and Iran will make the oil prices spike. The anti fossil fuel deal in Norway was a bust which will tend to make the prices stabalize I think. Then again if I knew anything about this, I'd be rich.

[SRT]

The gas and diesel prices have remained at the same level for at least a month up here. Had to pay $2.69 a gallon for non-oxygenated gas-91 octane yesterday. I wish Sam's Club would carry the non-oxygenated gasoline.

[pokyjoe48]

Here in S.E. Id. you pull into a fuel station for diesel, usually where commercial vehicles fuel and prices range from 2.81 to 2.89 a gallon. Then you go by the mom and pop stations and diesel prices there range 2.71 to 2.76 a gallon. What gives with that??? You know, I can maybe see a few cents per gallon difference but dang... I drive a commercial vehicle for a living for a major freight company and I have to pay for those products on the shelf just like everyone else does and the prices just get passed on to the consumer. I guess our state reps our to busy with voting themselves pay raises to worry about us little folk that voted them into their fatcat jobs. Sorry I'm ranting, some of us are barely employed or totally UNEMPLOYED and its bothering me.

[SRT]

Paw Paw Festus wrote:
Oil dipped under $70.00 today.

Gee, wonder how long it will take for gas prices to follow....:W

[Paw_Paw_Festus]

Oil dipped under $70.00 today.

[atreis]

Current drilling in ANWR has been profitable at $40 - had to be, else it wouldn't have been done. The easiest oil is being recovered first. As someone else stated, another project needs $65 to be profitable, and that one was done more recently. More difficult to reach oil is more expensive to recover. Obviously, companies are going to recover the easier/cheaper oil first.

Most of the information available is based on estimates of recoverable oil. So, for instance, they'll say there are so many billion barrels available at $40, and so many more at $100, and so many more at higher amounts... So it's hard to find a good link breaking that down nicely. Obviously, once you've gotten all the $40 stuff, you have to move on to $65, and so on, or decrease consumption so that we can live without that oil.

[Bumpyroad]

LindsayRichards wrote:
Wow that is totally different than what I have been reading. I know back when gas prices were very high, congress indicated that their information was ANWR was profitable at $40/bbl.

Ah yes Congress. the experts on oil, car manufacturing, and health care.
bumpy

[LindsayRichards]

http://www.youtube.com/watch?v=hlZZ3J5tkSY

The link above is to a CNN debate from the top two congressional global warming folks. It is very interesting and worth the time.

[Paw_Paw_Festus]

Anyone know what the price of ULS-Diesel is around the Dallas Fortworth area and on down to Houston? And up towards Denver?
Trying to figure out which way to go for Christmas

[Paw_Paw_Festus]

atreis wrote:
- much of the ANWR oil isn't economical (profitable) to recover unless oil is up over $125 a barrel.

Where did you get this figure? With all due respect, I've seen figures like that tossed around all my life. They are always exaggerated.

Big Oil makes trillions of $$ every year. Not just during years when oil is over $100.00
If we open ANWR, trust me, the price of oil will go DOWN, not up. They'll cry and moan that they need $125.+ or whatever to make a profit. But thats all a bunch of balony. If there was a trillion barrels of oil on Mars and you told Exxon Mobile if they'd go get it, you'd buy it for $50.00 a barrel, they'd be making plans build a pipeline to Mars the next day.

You ever seen a Duel Activity Drill Ship?

I can't imagine what it costs to build, much less maintain one of these "economical" drillers but Transocean has what -- NINE of them? Plus the rest of their fleet of Ocean Rigs and drill ships. Dually's are high tech drill and completion rigs that save money. They cost a fortune, but at the end of the day, they save a fortune and a half. It will be the same with ANWR if we decide to drill it. New oil, new jobs, new technology, new independence. But hey, why would we want any of that?

[LindsayRichards]

Wow that is totally different than what I have been reading. I know back when gas prices were very high, congress indicated that their information was ANWR was profitable at $40/bbl. Only 2,000 acres would be affected (of the 19.5 million acres in ANWR) for a resource of 5 to 8 billion bbls. With directional drilling they can go out 8 to 10 miles in each direction. The 2,000 acres is only 70 miles from the existing pipeline it could be moving oil within 3 years. The existing pipeline has an excess capacity of 1.7 million bbls a day and is ready to go once the 70 miles is completed. It is now under congressional ban. I have read in numerous places that the shale oil under present technology developed by Shell Oil (using steam method) yields about 1200 bbls/ acre with the operation completely underground (300 to 1,000 feet). Price breakeven point was reported to be $65/ bbl. Production and testing is banded by congressional mandate even though the Shell facility is built. There have been some big finds (20 to 30 billion bbls) in the Chukchi Sea and we actually sold leases there. It is now been put under a dept of energy no drill zone by Executive order ad part of the polar bear now being listed as endangered (even though it has had a 5 fold increase in number since 1960). Russia is actually drilling there now (So I have read.) Russia is drilling off my state of Florida in assisting Cuba in the Florida straights. There is a congressional ban for US drilling. Our Florida legislature has approved state drilling in the first 10 miles off shore and the tree huggers have tied it up in the courts, but I think this will be happening within a few year. I would much rather see oil and gas drilling further offshore, but that is banded by congressional mandate beyond the state limit.

I have read that the total worldwide pumping capacity about 87 million bbls/day and that prior to the recession demand was about 85 million bbls/day which is pretty close and why the price went up. I am a big believer in natural gas for RV;s. The gasoline engines can be converted over without a huge cost.

Interesting link on the US reserves (even though we are not allowed to recover them.) We have enough fossil fuels to be independent, it is the will to get them that makes us dependant on other countries.

http://www.humanevents.com/article.php?id=34233

[atreis]

There is indeed quite a lot more oil left to be recovered. One of the issues is the cost of recovery - much of the ANWR oil isn't economical (profitable) to recover unless oil is up over $125 a barrel. Oil from shale and offshore oil are also more expensive to recover - offshore isn't quite as bad as ANWR or shale oil but still more than oil that can be recovered from wells on land. There is still plenty of oil there, but we would all do well to consider how much we really want to be paying to get at it.

In terms of oil production increases - that follows from the economy. Oil production dropped quite a lot during the last couple years because consumption dropped. Now it's starting to increase again as the economy starts to recover. That doesn't mean that the "peak" isn't here. Peak oil is about long-term trends.

There are also other concerns to consider, such as the dependence of the US on other, less-stable, and not always friendly, countries and the wars that this dependence can lead to.