Oil prices...

[Layne Staley's Sunglasses]

I read an article online about people buying old Geo's and flipping them.

Those bad boys run on 3 cylinders and can get up to 58 mpg on the highway EASY.

[SLCPUNK]

I had one of those about ten years. OMG my friends made fun of me, but back in those days, I'd fill it up for about ten bucks and drive it for friggin two weeks. The brake pads were about 3 inches long....

I got rid of it because I didn't feel it was safe to haul kids around in. They'd just bury us all in it I figured.

[pilferk]

I had one of those about ten years. OMG my friends made fun of me, but back in those days, I'd fill it up for about ten bucks and drive it for friggin two weeks. The brake pads were about 3 inches long....

I got rid of it because I didn't feel it was safe to haul kids around in. They'd just bury us all in it I figured.

Coming from someone who looks at Motor Vehicle Crash data a LOT....they wouldn't have buried you in it.  There wouldn't have been enough left of it to function as a coffin.

The Geo Metros and the old Yugos are infamous for doing passible well in crash test, but pretty much disintegrating in "real world" crashes.

http://www.crashtest.com/geo/index.htm

[Perfect Criminal]

How does the prius do in crash tests?  That thing gets 48 mpg in city and 45 on the highway last I heard.

[SLCPUNK]

I had one of those about ten years. OMG my friends made fun of me, but back in those days, I'd fill it up for about ten bucks and drive it for friggin two weeks. The brake pads were about 3 inches long....

I got rid of it because I didn't feel it was safe to haul kids around in. They'd just bury us all in it I figured.

Coming from someone who looks at Motor Vehicle Crash data a LOT....they wouldn't have buried you in it.  There wouldn't have been enough left of it to function as a coffin.

The Geo Metros and the old Yugos are infamous for doing passible well in crash test, but pretty much disintegrating in "real world" crashes.

http://www.crashtest.com/geo/index.htm

When I drove it, I felt it was only a step up from a motorcycle, in that I wouldn't be using my knees as bumpers. But that was about it. Still a great little car though.

[SLCPUNK]

How does the prius do in crash tests?  That thing gets 48 mpg in city and 45 on the highway last I heard.

Crash Test 2004 - 2008 Toyota Prius IIHS Frontal Impact

[russkwtx]

How does the prius do in crash tests?  That thing gets 48 mpg in city and 45 on the highway last I heard.

Crash Test 2004 - 2008 Toyota Prius IIHS Frontal Impact

Well, we have not had a crash Yet, but I got my wife one in 07 and she regularly gets 55 mpg  (or more). When I drive, I am a bit more, shall we say, impatient, and get only 51-52. Sometimes if I am a real ass I get 49. Still, when we fill it up every 2 weeks or so it costs $20. So I am pleased and the wife just loves the car.

[SLCPUNK]

55 is great.

[Jim Bob]

well gas is around $4.20 in LV 

[Albert S Miller]

My husband and I own a well to do construction company here in the Pacific N.W.. We have an estimated 75 pieces of heavy equipment, 10 truck and trailers, 6 belly, side and end dumps, water trucks, service trucks, and personal company vehicles to fuel up everyday, not including our personal vehicles. Would anyone like to know our monthly fuel & oil expenses lol.  Really it is not funny at all, but this is our survival, and to be honest I am not complaining just venting.  I was just reading all of this and felt like I would share, or maybe I am just wishing we could haul all of our dirt and rocks in a subaru.

[Layne Staley's Sunglasses]

My husband and I own a well to do construction company here in the Pacific N.W.. We have an estimated 75 pieces of heavy equipment, 10 truck and trailers, 6 belly, side and end dumps, water trucks, service trucks, and personal company vehicles to fuel up everyday, not including our personal vehicles. Would anyone like to know our monthly fuel & oil expenses lol.  Really it is not funny at all, but this is our survival, and to be honest I am not complaining just venting.  I was just reading all of this and felt like I would share, or maybe I am just wishing we could haul all of our dirt and rocks in a subaru.

Hahaha, driving ON dirt and rocks is OK in a Subaru!

Hauling dirt and rocks not so much!  I miss my Forester. 

[TAP]

http://www.guardian.co.uk/media/2003/feb/11/iraqandthemedia.news


Mr Murdoch said the price of oil would be the war's main benefit on the world economy.

"The greatest thing to come out of this for the world economy, if you could put it that way, would be $20 a barrel for oil. That's bigger than any tax cut in the any country."

Today a barrel of Brent crude costs $31.68 while US light crude costs $34.53. During the last war on Iraq in 1991, the price of oil doubled to $40 a barrel. A $10 increase in the cost of oil is seen as the equivalent of a 0.2% cut in economic growth in America and Europe.

Mr Murdoch's comments come just a week after he told Fortune magazine in the US that war could fuel an economic boom.

"We're keeping our heads down, managing the businesses, keeping our profits up. Who knows what the future holds? I have a pretty optimistic medium and long-term view but things are going to be pretty sticky until we get Iraq behind us. But once it's behind us, the whole world will benefit from cheaper oil which will be a bigger stimulus than anything else," he told Fortune.

Mr Murdoch believes there is no doubt that President Bush will be re-elected if he wins the war with Iraq and the US economy remains healthy.

"He will either go down in history as a very great president or he'll crash and burn. I'm optimistic it will be the former by a ratio of two to one," the Australian-born media magnate who now holds US citizenship told The Bulletin.

[SLCPUNK]

"He will either go down in history as a very great president or he'll crash and burn.

How ironic.

[Doc Emmett Brown]

'This Modern World' comic  http://www.salon.com/comics/tomo/2008/06/03/tomo/.  That 80's hair is killing me.

[AxlsMainMan]

Gas price record above $4.02, oil slips

Price at the pump heads higher after breaking the $4 barrier; oil softens after record-breaking rally.

NEW YORK (CNNMoney.com) -- Gas prices set another record above $4.02 a gallon Monday, while crude oil prices eased following a massive spike in the previous session.

The national average price for a gallon of gasoline climbed to a record $4.023 a gallon, which is more than 10% higher than $3.692 a month ago and nearly 29% higher than the $3.091 average a year ago, according to the AAA figures.

The average price is $4 a gallon or more in 22 states and the District of Columbia, according to the survey. California pays the most for gasoline, averaging $4.45 a gallon, followed by Connecticut at $4.32 and Alaska at $4.30. Other states above $4 are Hawaii, Illinois, Massachusetts, Maine, Michigan, Nevada, New York, Oregon, Rhode Island, Washington and West Virginia.

Missouri has the lowest average price at $3.83, followed by South Carolina at $3.83.

Gasoline prices in the survey have risen for 32 of the past 34 days, setting records on 30 of those days.

The price of diesel fuel, used by truckers hauling goods across the country, rose 1.1 cent to $4.773 a gallon. That's just under 2 cents below the all-time high set May 30.

Meanwhile, light, sweet crude for July delivery fell $2.66 to $135.90 a barrel in pre-market trading on the New York Mercantile Exchange.

On Friday, the contract shot up nearly $11 - the largest single-day jump on record - to settle at a record $138.54 a barrel.

"In this current emotionally-charged market, high prices have now become the justification for high prices," said oil industry analyst Stephen Schork in a research note published Monday.

"Crude oil may go to $150, it may even go to $200," Schork said. But he warns that the oil market is being driven by a "mania" and is showing signs of a price bubble.

"When this bubble pops, this mania will end the same way all manias before it did, i.e. crashing and giving back all of the accrued gains," he said.

Friday's rally was fueled by a combination of geopolitical jitters, the dollar's decline and a report from Morgan Stanley predicting oil could reach $150 a barrel by July 4.

Last week's runup in crude prices helped push the Dow Jones industrial average down nearly 400 points Friday. Many investors see higher gas prices crimping household budgets, damping consumer spending and undermining the economy.

Stocks opened moderately higher Monday as investors hoped to recover from last week's losses.

http://money.cnn.com/2008/06/09/markets/oil/?postversion=2008060909

_________________________________________________________

Pretty sad when it's only around 5 cents a litre in Saudi Arabia

[Smoking Guns]

More evidence that has anything to do with Supply and Demand or a weak dollar but bullshit fear and profit boosting.

[SLCPUNK]

Again, speculation is the effect, not the cause.

[Smoking Guns]

Again, speculation is the effect, not the cause.

Speculation is the effect of high profits cause by prior speculation?  The cause of increased barrel prices NOW is speculation of shit that ISN'T happening. 

[SLCPUNK]

The cause of increased barrel prices NOW is speculation of shit that ISN'T happening....

Based on what happens in currency markets, in particular our dollar, and middle east tensions (policy). That drives speculation.

You are putting the cart ahead of the horse.

[Smoking Guns]

The cause of increased barrel prices NOW is speculation of shit that ISN'T happening....

Based on what happens in currency markets, in particular our dollar, and middle east tensions (policy). That drives speculation.

You are putting the cart ahead of the horse.

What has happend i the middle east in the 6 years we have been there that affected Oil?  That excuse is tired.  When the lebanese fought israel last year, gas was $1.87.  That was tension, oh I forgot, there is no oil in Israel.  Oops.  The Dollar has been getting stronger lately, so there goes that theory.  There hasn't been a hurricane in over a year.  Again, there goes that excuse.  Yet, the higher the barrel price, the higher the profit, now there is an answer!!!