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Old 06-10-2022, 05:52 PM   #15
RS/SS '10
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Quote:
Originally Posted by SlingShot View Post
So tell us, how the **** are they controlling prices world wide... SMFH


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Old 06-10-2022, 06:24 PM   #16
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Originally Posted by SlingShot View Post
So tell us, how the **** are they controlling prices world wide... SMFH
Good question. For one when we produce our own crude at necessary levels, we are able to flood the market and don’t have to rely on the world market near as much or at all. As was the case in late 2020. When there’s no pressure from US production on the world market to help keep the prices in check, Opec and other producers can do what ever the hell they want to control price, especially when they know the US isn’t going to do anything about it. Remember, we have the most oil reserves in the world contrary to what anyone tells you, AND we have the best technology to safely, and environmentally consciously, extract that oil. Oil and gas is my career, so I do know a thing or two about the industry. Tran don’t like it when we get into this stuff so I’ll leave it at that.

I’m lucky to have a company Silverado 2500 that I’m able to drive as my own, so gas isn’t a huge deal for us right now. My wife lives 2 minutes from work so easy there as well. I’m not planning to drive the new Camaro much at all until I can get some 3M paint protection on it to keep the rock chips at bay on the still very immaculate paint.
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Last edited by Aqua Blue RS/SS; 06-10-2022 at 06:30 PM. Reason: Spelling
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Old 06-10-2022, 10:25 PM   #17
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Originally Posted by Aqua Blue RS/SS View Post
Good question. For one when we produce our own crude at necessary levels, we are able to flood the market and don’t have to rely on the world market near as much or at all. As was the case in late 2020. When there’s no pressure from US production on the world market to help keep the prices in check, Opec and other producers can do what ever the hell they want to control price, especially when they know the US isn’t going to do anything about it.
IMO, it's more complicated. The US had a ban on exporting oil until 2016. We do not have the port capacity and logistics in place to be a world altering exporter regardless of how much reserves we have in the ground, and both infrastructure build out and subsequent transportation costs money. The OPEC nations have the advantage of geographic proximity and decades of infrastructure in place specifically for export. Their extraction costs are also significantly lower, especially Saudi.

American companies/foreign investors are hesitant to build out because OPEC an open the taps, flood the market, and lower prices to the point our exports would not be profitable. Bust cycle results. OPEC cuts the taps again. Boom cycle results. Extraction is a roller coaster because of that and new developments are risky.

My personal opinion is we'll be using existing infrastructure to as near max capacity as maintenance schedules will allow, which is why I see midstream companies as so investable at the moment. They are largely sheltered from the boom/bust cycle, are a great inflation hedge, and strong dividend providers. Just my opinion, and one from an investing standpoint and not a boots on the ground standpoint, but I'm pretty happy with my returns.
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Old 06-11-2022, 09:01 AM   #18
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Y’all are focused on the wrong, shiny thing. None of your petty gas, food, and energy problems mean a thing to them. It’s, “That Insurrection Show” that matters. Orange Man still haunts them and must be stopped at all costs. I’m not sure how $8 gas will make that happen but I’m sure they have a plan.
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Old 06-11-2022, 09:22 AM   #19
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Originally Posted by Moto-Mojo View Post
Y’all are focused on the wrong, shiny thing. None of your petty gas, food, and energy problems mean a thing to them. It’s, “That Insurrection Show” that matters. Orange Man still haunts them and must be stopped at all costs. I’m not sure how $8 gas will make that happen but I’m sure they have a plan.
yup.my V6 camaro will not be driving very far when i can drive a honda that gets 32/44 mpg.im sure once they get the EVs to become more commonplace my electric bill will go up too.
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Old 06-11-2022, 09:30 AM   #20
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Lets go Brandon! FJB!
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Old 06-11-2022, 10:57 AM   #21
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Originally Posted by Moto-Mojo View Post
Y’all are focused on the wrong, shiny thing. None of your petty gas, food, and energy problems mean a thing to them. It’s, “That Insurrection Show” that matters. Orange Man still haunts them and must be stopped at all costs. I’m not sure how $8 gas will make that happen but I’m sure they have a plan.

Exactly. they don't want or care if it's fixed. not part of the plan. if they keeping getting people to look over here, they don't see what going on over there.
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Old 06-11-2022, 12:20 PM   #22
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Originally Posted by Royal Tiger View Post
I’m getting 8mpg on E85 at almost $4/gallon. But god damn it’s fun.
ZL1's get far worse mpg than the v6 and SS's. With E85 mix i see my long term mpg, mostly around town is 10.6mpg
As chibi said too it's taken out only occasionally for enjoyment and to upkeep so the gas doesn't go stale and lube circulation and tire flatspot avoidance.
I have other cars I drive daily and add E85, a few gallons to the fillup, like 1/8th tank up to 1/4 tank when I feel like going out to the E85 station.
I just put in 4gal in my Murano to top it up and a couple gal in the Civic. $4.45 for E85, $6.40 for premium.
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Old 06-11-2022, 08:35 PM   #23
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premium is 5.29 in my area i got fuel from this pump in my truck today.
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Old 06-11-2022, 11:38 PM   #24
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Originally Posted by Arogg View Post
Just paid 6.49 a gallon for premium here in Ny. That was on my way into the city tho. I live in Long island and I think its like 5.70 or so for premium. Luckily, most of my gas is paid for by my company so weather I drive the Camaro or Yukon, i only pay for like every 3rd tank
About the same here in Toronto, we are about $2.20 liter here which is about $8.33 gallon CAD or $6.50 US
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Old 06-12-2022, 12:17 AM   #25
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Quote:
Originally Posted by silversleeper View Post
ZL1's get far worse mpg than the v6 and SS's. With E85 mix i see my long term mpg, mostly around town is 10.6mpg
As chibi said too it's taken out only occasionally for enjoyment and to upkeep so the gas doesn't go stale and lube circulation and tire flatspot avoidance.
I have other cars I drive daily and add E85, a few gallons to the fillup, like 1/8th tank up to 1/4 tank when I feel like going out to the E85 station.
I just put in 4gal in my Murano to top it up and a couple gal in the Civic. $4.45 for E85, $6.40 for premium.
On 93 my cammed SS gets around 11.5 mpg. Obviously there are a ton of variables here, but that is just my around town overall average. I do no highway driving.
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Old 06-12-2022, 07:21 AM   #26
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Took my Bandit to a car show last weekend, and it was $80 for 15 Gallons of Premium. But took 1st Place for "GM Street Machine", so that "Bowling Trophy" was expensive this year.
So What.
Been putting off filling up the Camaro, as that is another $80 or so.
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Old 06-12-2022, 08:09 AM   #27
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Somehow averaging 17-18 mpg per tank while running pump e85. Cruise control everywhere i can safely use it helps a good bit lol its 4/gal compared to 93 coming in between 5.25-5.50/gal so there is some savings
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Old 06-12-2022, 10:44 AM   #28
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Your Bandit looks great Hesster!
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