Bad news...gas is going to get expensive - Page 4

Lafourche1 · 12-01-2016, 01:26 PM

To those that think that OPEC cannot influence the price of oil, just remember that they are setting on lakes of it, still to this day. Their wells are shallow wells of less than 7,000 feet (gas is at about 10,000'). They produce through their production casing, sometimes running through 7 5/8", flowing at 10,000 - 60,000 barrels a day from each well.

The oil that is being developed domestically is deeper. Off-shore it is at depths greater than 15,000'. That is expensive to drill. Often these off-shore wells are in 4,000 feet or more of water. That greatly increases the cost and danger as well. Frankly, not a single major oil company has a clue of how to answer another Deep Water Horizon disaster.

Standing next to the rotor table when the well makes that freight train rumbling sound, followed by the drilling string being unloaded into the top of the derrick and into the Gulf is not a fun experience. Even Boots Hansen gets his move on when those things take place.

cellsafemode · 12-01-2016, 02:02 PM

Was there ever any doubt that gas was going to get more expensive as time moves on?

OPEC has been responsible for the LOW gas prices for the last few years. They've been trying to drive non-OPEC oil companies out of business by making oil too cheap for these more expensive methods (or simply oil in countries with more expensive costs of living) to be viable.

Nothing to see here... This is only news if you have ignored what everyone has known for decades and why for the past 30 years so much effort and money has been put into alternatives.

BlkReaper · 12-01-2016, 02:04 PM

Quote:

Originally Posted by nukemustang

its going to go up faster than that... anyone who owns a gas station is looking to make profits immediately... gas here in SC went from $1.81 three days ago to $1.99 this morning.

surprisingly, gas stations don't make the bulk of their money off of gas.

Marty McFlew · 12-01-2016, 02:18 PM

A much lesser % of our gas comes from OPEC as it did in the past. Gasoline may go up a little. Where the scam comes in is you will see motor oil prices go up. Oil manufacturers do this at each opportunity as an excuse to raise prices once the media reports news such as the OPEC cut back. Remember a few years ago when gas spiked to $4 a gallon? Gasoline, oil and even food went up because of the cost of trucking. Soon the prices came down, all except the motor oil prices simply because the news media does not report on motor oil, they do report on gasoline and food prices. Motor oil stays under the radar so that's how they take advantage of us.

SSport16 · 12-01-2016, 03:44 PM

And good thing the US will finally start drilling, fracking, and pulling a boat load of oil, gas, shale oil, etc. from the ground and offshore next year, so we can finally tell OPEC and the rest of bozos where to go and not have to worry about rising prices everytime they say they are cutting production.

Meteorma · 12-01-2016, 04:14 PM

Lol freak out ....oh man

HyperblueSS · 12-01-2016, 06:53 PM

🌽🌽🌽🌽

Johnwon · 12-01-2016, 07:44 PM

If you bought a SS, you can afford a couple extra bucks at the pump or you are living beyond your means. I can't say my lifestyle or driving habits will change at all and I still won't think twice about laying into the throttle when I have the opportunity even if the price of premium goes up a buck or two a gallon.

txferrari · 12-01-2016, 07:51 PM

Haha, I've never once thought about fuel economy when I buy a car. It's the last thing I think about.

*Mr. Wyndham* · 12-01-2016, 08:04 PM

Please keep politics/prejudice out of this conversation....thank you to those of you that have...

Some recent posts have been removed for that reason.

hotlap · 12-01-2016, 08:05 PM

Quote:

Originally Posted by txferrari

Haha, I've never once thought about fuel economy when I buy a car. It's the last thing I think about.

+1

DenverTaco07 · 12-01-2016, 08:08 PM

Quote:

Originally Posted by Mr. Wyndham

Please keep politics/prejudice out of this conversation....thank you to those of you that have...

Some recent posts have been removed for that reason.

Thx,

Ignore list updated.

cigarfan · 12-01-2016, 08:22 PM

Old news, different day. It's up & down. Must be a slow news day.

MuhThugga · 12-01-2016, 08:33 PM

Quote:

Originally Posted by thickstunalex

I remember when I had my Pontiac GTO and filled the tank with 93 at $4/gal. I rang up $70 at the pump. The GTO was also my daily driver, and I drove a lot.

I remember those days. It was getting tough towards the end before the market dropped out and prices tanked.

12-01-2016, 01:26 PM	#43
Lafourche1 Drives: 2019 CLA 450 Mercedes Join Date: May 2016 Location: South Louisiana Posts: 1,107	To those that think that OPEC cannot influence the price of oil, just remember that they are setting on lakes of it, still to this day. Their wells are shallow wells of less than 7,000 feet (gas is at about 10,000'). They produce through their production casing, sometimes running through 7 5/8", flowing at 10,000 - 60,000 barrels a day from each well. The oil that is being developed domestically is deeper. Off-shore it is at depths greater than 15,000'. That is expensive to drill. Often these off-shore wells are in 4,000 feet or more of water. That greatly increases the cost and danger as well. Frankly, not a single major oil company has a clue of how to answer another Deep Water Horizon disaster. Standing next to the rotor table when the well makes that freight train rumbling sound, followed by the drilling string being unloaded into the top of the derrick and into the Gulf is not a fun experience. Even Boots Hansen gets his move on when those things take place. __________________ 2019 Lunar Blue Metallic Mercedes CLS 450 2021 C43 AMG Mercedes Coupe Metallic Cardinal Red 2014 Lincoln MKT EcoBoost (The Bus)

12-01-2016, 03:44 PM	#47
SSport16 Drives: 2016 Garnet Red Camaro 2SS Join Date: Jul 2015 Location: North Carolina Posts: 5,435	And good thing the US will finally start drilling, fracking, and pulling a boat load of oil, gas, shale oil, etc. from the ground and offshore next year, so we can finally tell OPEC and the rest of bozos where to go and not have to worry about rising prices everytime they say they are cutting production. __________________ 2SS Camaro, Garnet Red, Adrenaline Red, NPP, MRC, A8, 5 Split Spoke Bright Silver Wheels (56W) 1100 Status - 7/24/15 (Ordered) 3800 Status - 10/13/15 (Built) 6000 Status - 12/22/15 (Delivered)

12-01-2016, 06:53 PM	#49
HyperblueSS Drives: 2016 Camaro SS M6 Join Date: Jun 2016 Location: Florida..its hot Posts: 111	🌽🌽🌽🌽 Attached Images __________________ 2016 Hyperblue 1SS M6 "If you're not first you're last!"

12-01-2016, 07:51 PM	#51
txferrari Drives: 2016 Z06/7. Join Date: Aug 2014 Location: Katy Posts: 309	Haha, I've never once thought about fuel economy when I buy a car. It's the last thing I think about. __________________ There's only 2 people I trust. One of them is me, the others not you.

12-01-2016, 08:04 PM	#52
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,876 View My Garage	Please keep politics/prejudice out of this conversation....thank you to those of you that have... Some recent posts have been removed for that reason. __________________ *"Keep the faith."* - Fbodfather

12-01-2016, 02:02 PM	#44
cellsafemode Drives: 2016 Camaro 1LT Join Date: Jan 2016 Location: California Posts: 3,491	Was there ever any doubt that gas was going to get more expensive as time moves on? OPEC has been responsible for the LOW gas prices for the last few years. They've been trying to drive non-OPEC oil companies out of business by making oil too cheap for these more expensive methods (or simply oil in countries with more expensive costs of living) to be viable. Nothing to see here... This is only news if you have ignored what everyone has known for decades and why for the past 30 years so much effort and money has been put into alternatives.

12-01-2016, 02:18 PM	#46
Marty McFlew Banned Drives: 17 SuperSport Camaro 6 on the Flo' Join Date: Feb 2016 Location: USA Posts: 1,507	A much lesser % of our gas comes from OPEC as it did in the past. Gasoline may go up a little. Where the scam comes in is you will see motor oil prices go up. Oil manufacturers do this at each opportunity as an excuse to raise prices once the media reports news such as the OPEC cut back. Remember a few years ago when gas spiked to $4 a gallon? Gasoline, oil and even food went up because of the cost of trucking. Soon the prices came down, all except the motor oil prices simply because the news media does not report on motor oil, they do report on gasoline and food prices. Motor oil stays under the radar so that's how they take advantage of us.

12-01-2016, 04:14 PM	#48
Meteorma Drives: Camaro ss Join Date: Nov 2016 Location: Joliet Posts: 87	Lol freak out ....oh man

12-01-2016, 07:44 PM	#50
Johnwon Drives: 2016 Mosaic Black 2SS, NPP, A8. Join Date: Jun 2016 Location: Jacksonville, FL Posts: 285	If you bought a SS, you can afford a couple extra bucks at the pump or you are living beyond your means. I can't say my lifestyle or driving habits will change at all and I still won't think twice about laying into the throttle when I have the opportunity even if the price of premium goes up a buck or two a gallon.

12-01-2016, 08:22 PM	#55
cigarfan Drives: 16' Camaro 2/SS BlackMosaic A/8 NPP Join Date: Jan 2016 Location: SWFL Posts: 112	Old news, different day. It's up & down. Must be a slow news day.

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