[dan-o]

Fixed.

$tinkle, if that's true I want my $5, my dignity and my dreams back!

 

[SlapheadMofo]

do you commute an hour each way, each day? on the T, i hope?

Nay, - I don't work in Boston; just using it as a reference point.
There is a T commuter rail station in the next town over from me though.

 

[$tinkle]

Don't let $tinkle's prose throw you off, he's Ron Paul's ghost writer.

but now that he's out of the race, i'm transitioning into the slot for patrick swayze's future ghost writer. should be there in a couple weeks.

 

[BIGHITR]

Radical foreign countries have already found the way to bring America to it's knees in total financial ruin and kaos. Not by planes into buildings. All it took was raising the rate of light sweet crude over several years by 400%.

 

[DaveW]

Yup your own country's actions had nooooooooothing to do with it.

Seriously are you really that dense?


*edit* way to keep your head in the sand...... Stop blaming others for the problems you create.

 

[DaveW]

how many weeks of $45/wk savings will it take to pay off the motorbike, insurance, and gear?

It'll take even less now as fuel is another 15% higher since I posted that.

 

[Changleen]

Dave, where can I get 98? My scoot will love that sh1t.

 

[Jettj45]

Mine too, but are there super fuel efficient 4wd SUVs out there?

Ford Escape Hybrid gets 45mpg.

 

[DaveW]

Dave, where can I get 98? My scoot will love that sh1t.

Any BP gas station.

 

[ire]

I read this article today and got depressed

 

[N8 v2.0]

Oil hit $119.90 today.... $120/bl by Sept? Pfft... make that by the end of Apr!!

http://money.cnn.com/2008/04/22/markets/oil.ap/index.htm?postversion=2008042212

 

[manimal]

...i just brought home another 600+ rounds of 5.56mm. i may be a rich man when the bottom falls out and my "portfolio" consist of a cache of weapons and ammo instead of worthless stocks

 

[N8 v2.0]

...i just brought home another 600+ rounds of 5.56mm. i may be a rich man when the bottom falls out and my "portfolio" consist of a cache of weapons and ammo instead of worthless stocks

a much better investment would be in 7.62 x 39mm ammo for your AK-47, cuz, "when western civilization melts down, i want an AK-47..."

www.youtube.com/watch?v=KvrG4T2K4sE

 

[ire]

a much better investment would be in 7.62 x 39mm ammo for your AK-47, cuz, "when the western civilization melts down, i want an AK-47..."

www.youtube.com/watch?v=KvrG4T2K4sE

You may get better range with the 5.56, but you can't beat the 7.62 and many guns accept that ammo I have a crate of it

 

[Toshi]

Ford Escape Hybrid gets 45mpg.

no, it doesn't: 2008 Ford Escape Hybrid FWD (AWD only lowers the mileage). mileage figures from fueleconomy.gov.

34 city, 30 mpg hwy, 32 combined.

lthumbsdown:

 

[DaveW]

A sign of what's in store for us all in the future?
http://www.stuff.co.nz/4495585a10.html

I recon this sort of buying behavior will get more common and worse to till it gets close to panic buying as the economic pressures build up on the ordinary consumers.



heh Mad Max here I come!

Yeehaw!!! I'm the Niiiiight Rider!!!! irate2:

 

[Changleen]

Yeah, the 10c gas tax seems like a hard sell right now eh Dave?

Personally I couldn't give a ****, my gas bill is $10 per two weeks for my scoot, but I appreciate the effect it would have on the wider economy.

 

[DaveW]

Of course as much as people harp on about the "10cents regional roading tax" the 10 cents is just the theoretical maximum that regional councils are allowed to apply, NOT what WILL be applied.

It pisses me off the way NZ's pseudo media have hooked onto portraying it as a guaranteed 10 cents a litre when it isn't by any means.

 

[ultraNoob]

You may get better range with the 5.56, but you can't beat the 7.62x51 and many guns accept that ammo I have a crate of it

just a little clarification since the 7.62x39 and 7.62x54R are chambered in far fewer models than the 7.62x51 (nato)

but I agree that the madmax era is coming. hoarding ammo and guns are much easier than hoarding gas.

 

[DaveW]

I Keep my bigger wagon for long trips/load hauling and sh!tty weather days and got a motor bike for most of my getting around.
Fuel bills gone from $60+ a week to about $16!!!!

Oh Noes!!!!
.Pit Steelers. has neg repped me for this post!

Oh great one I grovel in abject terror of your neg repping powers!

 

[Plummit]

Ah, $120 oil.. the good ole days.... Do I hear $225 oil?

The price of oil is likely to hit 150 dollars (Canadian, US) a barrel by 2010 and soar to 225 dollars a barrel by 2012 as supply becomes increasingly tight, a Canadian bank said Thursday.

The CIBC report says the International Energy Agency's current oil production estimates overstate supply by about nine percent, since it wrongly counts natural gas liquids -- which are not viable for transportation fuel -- in its numbers.

Analyst Jeff Rubin in his report noted accelerating depletion rates in many of the world's largest and most mature oil fields. He estimates oil production will hardly grow at all, with average daily production between now and 2012 rising by barely a million barrels per day.

ETC

 

[LordOpie]

Oh Noes!!!!
.Pit Steelers. has neg repped me for this post!

Oh great one I grovel in abject terror of your neg repping powers!

I don't get it. What was so -rep worthy about that post?

 

[$tinkle]

I don't get it. What was so -rep worthy about that post?

and doesn't a -rep from .pitsteelers. result in +rep?

 

[DaveW]

and doesn't a -rep from .pitsteelers. result in +rep?

Nah it's a no score. Personally I recon a neg rep from someone in the red should be scored as a positive rep......... Not that I'm greedy mind.

 

[jimmydean]

Happy Cinco de Mayo!

Supply threats that emerged overseas and a weaker dollar sent light, sweet crude for June delivery to a new trading record of $120.21 a barrel on the New York Mercantile Exchange before futures retreated slightly to trade up $3.46 at $119.78.

 

[N8 v2.0]

Time to get a donky cart Pedro...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aEeB7kuvzu4o&refer=worldwide

 

[Damo]

Word is, it could reach as high as $200 a barrel...

 

[jimmydean]

Time to get a donky cart Pedro...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aEeB7kuvzu4o&refer=worldwide

No way, man! Have you seen the price of grain? It costs more to feed my donkey that it does to fill up my H2.

I blame E85.

 

[N8 v2.0]

Adjusted for inflation, oil is now above the $101.70 peak hit in April 1980, the year after the Iranian revolution.

 

[LordOpie]

Adjusted for inflation...

yippie! Something adjusted to a baseline for a realistic comparison! w00t!

 

[jimmydean]

It's all good now:

Chrysler Offers $2.99 A Gallon Gas Deal

Chrysler announced Monday an offer that caps the price of gasoline at $2.99 a gallon for three years for people who buy or lease new vehicles from Wednesday through June 2. The offer is based on 12,000 miles of driving per year at the vehicle's rated fuel economy.

"It's a way to give (customers) peace of mind," Steven Landry, executive vice president for North American sales, said in a conference call Monday evening. "We want to get everybody through these challenging times."

 

[LordOpie]

It's all good now:

Chrysler Offers $2.99 A Gallon Gas Deal

And the sheeple will eat that crap up. The average person will probably save $1000. They should just spend less and buy a better car. ugh, sheeple.

 

[jimmydean]

Hahaha

Old gas pumps can't handle ever-rising prices

REARDAN, Wash. (AP) - Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials.

The pumps, throwbacks to a bygone era on the American road, are difficult and expensive to upgrade, and replacing them is often out of the question for station owners who are still just scraping by.

Many of the same pumps can only count up to $99.99 for the total sale, preventing owners of some SUVs, vans, trucks and tractor-trailers to fill their tanks all the way.

 

[N8 v2.0]

..you could almost hear the money dump out of commodities today.. esp oil.

Where is the money headed? Real estate? Stocks?

hummm...

Oil prices reverse course
Crude prices sink below $122 as natural gas inventories surge and investors take the profits.

Last Updated: May 15, 2008: 1:11 PM EDT

NEW YORK (AP) -- Oil futures gave up earlier gains and fell Thursday, a move analysts attributed to the expiration of options and to a sharp drop in natural gas prices. Retail gas prices, meanwhile, advanced past $3.77 a gallon.

Options let investors bet whether oil prices will rise or fall in the future. Oil prices can fluctuate wildly on days when options expire, analysts said.

Meanwhile, natural gas prices tumbled after the Energy Department said natural gas inventories rose by 93 billion cubic feet last week, more than analysts had expected.

 

[$tinkle]

stocks.
hp just made a bid on eds for $13B & is UP 7% (34eleventy jillion shares) in 3 days.

i mean, there's a big "WTF?" if i ever saw one.

 

[ohio]

stocks.
hp just made a bid on eds for $13B & is UP 7% (34eleventy jillion shares) in 3 days.

i mean, there's a big "WTF?" if i ever saw one.

Not a bid. A Done deal. EDS stock shot up, HP dipped briefly, bounced hard and will stabilize a touch above last weeks price.

 

[N8 v2.0]

And now today's newz:

Crude jumps above $127
Oil prices gain more than $3 to set a new record high at $127.43 a barrel.

http://money.cnn.com/2008/05/16/markets/oil.ap/index.htm?postversion=2008051608

 

[N8 v2.0]

Saudi King says STFU and HTFU Amerika!!!

http://news.yahoo.com/s/ap/20080516/ap_on_re_mi_ea/bush_mideast

 

[N8 v2.0]

$133.17

 

[N8 v2.0]

Oil is $135/bbl today... but is the oil bubble ready to burst?

Signs had been saying yes for the last month or so..

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/22/ccoil122.xml

The perfect storm that has swept oil prices to $132 a barrel may subside over the coming months as rising crude supply from unexpected corners of the world finally comes on stream, just as the global economic downturn begins to bite.

The forces behind the meteoric price rise this spring are slowly receding. Nigeria has boosted output by 200,000 barrels a day (BPD) this month, making up most of the shortfall caused by rebel attacks on pipelines in April.