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Posted: Tue Oct 10, 2006 8:45 am
by Doug@GT
Scooby Tuba wrote:My prediction? They will rise the second week in November! :lol:
To nip this one in the bud without getting political:

http://www.cato-at-liberty.org/2006/10/ ... ne-prices/

d

Posted: Tue Oct 10, 2006 12:12 pm
by Chuck(G)
The price of oil has very little to do with the price of gas.

Consider, for example, the post-Katrina situation. Oil prices were way below where they are today, but gas was higher.

Gasoline is a commodity and there is a futures market for it, just like cocoa. One recent event was that one of the heavyweights, Goldman-Sachs, severely cut the size of their holdings in gasoline futures in their commodities portfolio. This precipitated a market selloff as other funds followed suit. To some extent, it's still going on.

Things will stabilize later this year.

http://raymondjames.com/inv_strat.htm

Posted: Thu Jan 11, 2007 11:03 pm
by Dan Schultz
$2.04 in Evansville, Indiana today.

Posted: Fri Jan 12, 2007 1:38 am
by LoyalTubist
Gasoline prices in Vietnam have been FROZEN for over two years.

94 octane = 12,800 dong per liter. (about $3.10 per gallon)

92 octane = 10,800 dong per liter. (about $2.80 per gallon)

Diesel fuel = 8,400 dong per liter. (about $2.10 per gallon)

Consider that most Vietnamese earn about $1,000 per year. Even expatriates don't earn very much money here--but it doesn't cost much to live.

Gas Prices?

Posted: Fri Jan 12, 2007 8:29 am
by TubaRay
LoyalTubist wrote:Gasoline prices in Vietnam have been FROZEN for over two years.

94 octane = 12,800 dong per liter. (about $3.10 per gallon)

92 octane = 10,800 dong per liter. (about $2.80 per gallon)

Diesel fuel = 8,400 dong per liter. (about $2.10 per gallon)

Consider that most Vietnamese earn about $1,000 per year. Even expatriates don't earn very much money here--but it doesn't cost much to live.
Those are some big dong prices. Sounds big anyway.

Re: Gas Prices?

Posted: Fri Jan 12, 2007 10:37 am
by TubaRay
the elephant wrote:
TubaRay wrote:
LoyalTubist wrote:Gasoline prices in Vietnam have been FROZEN for over two years.

94 octane = 12,800 dong per liter. (about $3.10 per gallon)

92 octane = 10,800 dong per liter. (about $2.80 per gallon)

Diesel fuel = 8,400 dong per liter. (about $2.10 per gallon)

Consider that most Vietnamese earn about $1,000 per year. Even expatriates don't earn very much money here--but it doesn't cost much to live.
Those are some big dong prices. Sounds big anyway.
Living in Vietnam requires that you pack a lot of dong in your pocket.
I guess that's better than carrying a lot of dung in your pocket. Ugh!

Gas Prices?

Posted: Fri Jan 12, 2007 4:48 pm
by TubaRay
Doc wrote: If everyone in Viet Nam has lots of dong in their pockets, I'm not too sure it's a place I want to go... :shock:
I am quite certain I would not want to go there.

Posted: Fri Jan 12, 2007 7:48 pm
by gwwilk
schlepporello wrote:
schlepporello wrote:The best I saw here today was $2.11.

Wayne (who's new Dodge 4x4 Quad-cab pickup has a Hemi)
$2.03 at that same station today. :shock:
There's a price war here in Lincoln, NE today with one chain going down to $1.99, and many others following suit. It won't last long, I'm sure. I filled up for $2.13 this morning on the way to work. :cry:

Re: Gas Prices?

Posted: Fri Jan 12, 2007 8:39 pm
by MartyNeilan
TubaRay wrote:
the elephant wrote:
TubaRay wrote: Those are some big dong prices. Sounds big anyway.
Living in Vietnam requires that you pack a lot of dong in your pocket.
I guess that's better than carrying a lot of dung in your pocket. Ugh!
And I thought charging "an arm and a leg" was too much...

Posted: Fri Jan 12, 2007 9:05 pm
by Dylan King
Want more money for gas?

Image

Still a steal at $625.39.

Posted: Fri Jan 12, 2007 9:45 pm
by KevinMadden
... just filled up..at $2.37 a gallon.... :(

Posted: Sat Jan 13, 2007 3:33 am
by LoyalTubist
Living in Vietnam has its advantages. When I visit Singapore I use these for tips.
Image
Considering it's only about 4 cents US money (about 5 cents in Singapore money), it saves me a lot of money!

Posted: Sun Jan 14, 2007 4:54 pm
by chipster55
The diesel price a couple of blocks from me went from $2.55 to $2.44 this week. That's the lowest it's been since I got my truck in October. It was $2.49 then and the highest was $2.59.

Posted: Sun Jan 14, 2007 7:56 pm
by tubatooter1940
I got gas today from all those spicy shrimp I ate yesterday.
Hariett told me to take it on the road until my body stopped producing so much methane.
I then filled my bike for $2.03 per gallon. I didn't even want to be confined in a car with myself. Oogie! :shock:

Posted: Sun Jan 14, 2007 9:37 pm
by tubaguy9
Well...the middle of the US seems to have the cheapest gas prices compared to you guys...last I saw was at $1.99 :shock: :P

Posted: Sun Jan 14, 2007 11:25 pm
by tubatooter1940
I used to dream of owning only a sailboat and a bicycle. Never could happen. Now I'm too old and portly to ride said bicycle more than a mile or so.
Hurricane Ivan caused the first gas rationing I ever experienced.

Posted: Sun Jan 14, 2007 11:36 pm
by SplatterTone
Bring back the Fiat 600. My dad had a 1964 model; bought it new. It got 41 mpg. It was about 2/3 the size of VW bug. Water-cooled engine in the back. The "heater" was a vent that allow air to pass over the engine radiator into the car.

Image

Posted: Sun Jan 14, 2007 11:42 pm
by Chuck(G)

Posted: Sun Jan 14, 2007 11:44 pm
by KevinMadden
alright whose got a tanker truck? Schlep can drive it.. looks like we're off to Caracas!

Posted: Fri Jan 19, 2007 9:19 pm
by tubatooter1940
My son free lanced in the car business for 20 years off and on. We like big, zoomy, comfy cars. He can find me a servicable Bonneville, Park Avenue or mini-van for five grand, anytime, and it will usually go 100,000 more miles. When I finish with a car, it goes straight to the dump.
Only having to buy liability insurance and no car note I can live with 20 MPG. I also have room for all my horns, guitars, my wife and a huge P.A. system. I always spend $250 for a trailer hitch on any junker I buy. I own an 4 by 8 open trailer and can rent a 4 by 8 covered trailer from U-Haul for $10 a day. That's enough capacity to take the Creekers cross-country non-stop. One drives, one keeps the driver alert and entertained, and the third sleeps in the back.