Author Topic: Gasoline & Diesel prices around the world  (Read 751 times)

Offline lazs2

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Gasoline & Diesel prices around the world
« Reply #15 on: June 21, 2005, 08:14:28 AM »
emergency equipment is only the first step.. all of Kalifornia will be converted by the end of the next year..

anyone recall how "unleaded" got started and where?

lazs

Offline straffo

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« Reply #16 on: June 21, 2005, 08:31:59 AM »
Quote
Originally posted by Skuzzy
Oboe is quite right.  My wife commutes 30 miles in each direction.  Right now, gas is at $2.30/gallon U.S. in our area.  She has to fill up the tank about 3 1/2 times a month (Volvo S60 'non-turbo', 18 gallon tank) as most of her commute is in stop and go traffic.
So right now, just on her car, we are spending about $140.00 U.S. per month so she can get to/from work.
Without moving into downtown Dallas, it would be physically impossible to get closer to her job.  And if we did, then my commute would be over 30 miles each direction.

How does that figure compare to your commute?

for my wife : 10 minutes per day
for me : 3 hours per day when the SNCF is not on strike
When there is strike it's from 4 hours to never :(

Offline Saintaw

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« Reply #17 on: June 21, 2005, 08:55:30 AM »
Straffo, since they are on strike at least 3 times a week... :eek:
Saw
Dirty, nasty furriner.

Offline Maverick

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« Reply #18 on: June 21, 2005, 09:41:39 AM »
EPA diesel changes in 94 set up a price increase for large used trucks. The Volvo I have I bought in 94 before the major increase hit. There had already been a smaller one that raised the prices on used trucks by about $4,000 to $5,000 over the previous 6 months.

The reason is the newe emmissions standards that large diesels produced after the 94 mid production year have to meet. The industry isn't sure about the reliability of the new engines with the higher boost and temps they will have to run at. Right now my truck has appreciated over $10,000 from what I paid for it in the year and a half I've had it. Not bad but I'm not considering selling anyhow as that's how I tow our house around the country.

For those feeling the "pinch" at the pumps. I feel your pain. My tanks hold 300 gallons. Of course I get about 2,000 miles befroe I start looking seriously for fuel. I also look on the web for fuel prices and we plan our route accordingly if there is a good buy near to where we want to go. At this time I don't let the tanks get low as I want to fill up at half way. I like having at least 1,000 miles worth of fuel in the tanks if prices spike dramatically. We also have started staying longer at places instead of moving every 3 or 4 days and we use my bike to do all our looking around. This lets the truck sit and conserve the diesel. It's acase of 40 MPG vs 9 MPG (avg).
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Offline Krusher

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« Reply #19 on: June 21, 2005, 10:13:07 AM »
Quote
Originally posted by Skuzzy


How does that figure compare to your commute?



6 miles each way in a honda civic :)

Offline Charon

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« Reply #20 on: June 21, 2005, 11:26:34 AM »
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I have seen the price change 3-4 times in one day, usually for the worst. High in the morning, going slightly lower after the rush hour, and then backup for the afternoon rush hour which is usually higher than the morning rush hour price.


A sophisticated marketing operation can conduct day-part pricing. But you have to be heavy into technology to facilitate multiple price changes automatically from the central office (labor quality issues at the site tend to cause problems otherwise) and it helps to use some sophisticated price modeling tools so you remain at an effective price point throughout the day and don't lose volume to your competition. No statistics, but I bet fairly few operations do this today.

As for ultra low sulfur diesel... going to be an interesting couple of years coming up. A lot of potential supply issues, a lot of potential and currently unresolved liability over the wrong fuel getting into one of the new vehicles... an interesting couple of years. Big oil got ***** slapped by big auto on this one.

Charon

Offline MiloMorai

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« Reply #21 on: June 21, 2005, 11:47:28 AM »
Actually Charon I saw this only a month or two ago.

It does not matter what one does, the others, ie ESSO, Shell, PetroCan, Sunoco, etc, all put their price changes up within minutes of each other and all are the same.

Offline oboe

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« Reply #22 on: June 21, 2005, 11:48:12 AM »
As far as feeling the pinch at the pumps, I am guessing here but I think most people probably do like I do, and buy gas on a oil company credit card.    Since we don't pay cash out of our pockets for fuel anymore, the effect of a large price increase can be spread out.   Its still going to hurt the family budget in the long run (maybe even break it) but like anything else, the fact that you can borrow money to pay puts off the day of reckoning.

I think has to be part of the reason large fuel price increases haven't drastically curtailed consumer spending in other areas.   It might be interesting to see how the average monthly balance carried on oil company credit has changed over the last year or so.

Offline beet1e

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« Reply #23 on: June 21, 2005, 01:05:25 PM »
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Originally posted by oboe
One thing to keep in mind perhaps, is that in the US, real estate development is extremely "spread out" compared to Euro countries, with regard to where people live and work.  
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So even though gas is cheaper in the US than in Europe, we are probably more dependent on our cars than you are.   It will take years of high fuel prices to begin to change the"spread out" real estate development mentality.
Yes, I quite understand that, which is why I find it surprising that the average mileage for a US car is 12,500 (source: US EPA http://www.epa.gov/otaq/consumer/f00013.htm) . That's a little more than the British average annual mileage, but not by much.

Offline Charon

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« Reply #24 on: June 21, 2005, 01:07:30 PM »
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Actually Charon I saw this only a month or two ago.


What's going to be interesting over time is the new diesel sulfur regs. Day-part pricing is a fairly old concept.

Charon

Offline oboe

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« Reply #25 on: June 21, 2005, 01:23:36 PM »
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Originally posted by beet1e
Yes, I quite understand that, which is why I find it surprising that the average mileage for a US car is 12,500 (source: US EPA http://www.epa.gov/otaq/consumer/f00013.htm) . That's a little more than the British average annual mileage, but not by much.


I think the answer to that may be the number of 2 and 3 vehicle families.   Typically each adult in the household has their own vehicle to get to and from work.  Sometimes even the teenagers have their own car.

Offline beet1e

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« Reply #26 on: June 21, 2005, 01:34:46 PM »
Quote
Originally posted by oboe
I think the answer to that may be the number of 2 and 3 vehicle families.   Typically each adult in the household has their own vehicle to get to and from work.  Sometimes even the teenagers have their own car.
That's pretty much the norm here too.

Offline Skydancer

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« Reply #27 on: June 21, 2005, 02:58:40 PM »
Skuzzy my wife commutes about the same as yours and we still pay more per litre! My commute is 12 miles accross city! 24 there and back.

Offline oboe

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« Reply #28 on: June 21, 2005, 03:12:29 PM »
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Originally posted by beet1e
That's pretty much the norm here too.


Hmmm.   Well then I haven't got an answer for you, I guess.  Seems like with more expensive petrol and a better mass transit/public transportation system, the British would drive quite a bit less per year then US drivers do.

I'm stumped.

Offline Vulcan

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« Reply #29 on: June 21, 2005, 03:37:34 PM »
I commute 20 km's each way per day.  I switched to diesel last year, ~30% increase in mileage, ~20% cheaper to buy than petrol.

I worked out my diesel is costing around NZ$1.10 per litre including Road User Charges. (We pay between 80-85c NZ at the pump, plus RUC's of $166 for 5000km).

NZ$1.10 = ~US$0.77