Fuel Prices

Texman · Posted: Nov 09 2007 Post subject:

JimH � well presented comments.

We are in an area that the median income is in the low five figures (hourly wage of $6-$10), this compounded with high fuel prices depletes disposalable income for wage earners, thus fueling a person�s credit woes.

The US is used to and geared to cheap gas prices, as compared to other countries, such as SmokinJim in Canada at $3.80 per gallon....that price makes us shudder.

With $100 oil we�re probably in for higher fuel prices in the near future.

Kind of hard to pull a BBQ pit with a bicycle.
Smile

Harry Nutczak · Posted: Nov 09 2007 Post subject:

SoEzzy · Posted: Nov 09 2007 Post subject:

Stick with your bio-diesel truck, once you start heading down the road to wood gas cars, your expenses for wood are going to go through the roof, even if you own your own forest.
_________________
Here's a change Robert.

I still work here!

necron 99 · Posted: Nov 09 2007 Post subject:

gncc335 · Joined: 05 Nov 2007 Posts: 22

Harry Nutczak · Posted: Nov 09 2007 Post subject:

Teleking · Posted: Nov 09 2007 Post subject:

http://www.greasecar.com/
_________________
�Franken Smoker�

�The Bride of Franken Smoker�

JimH · Posted: Nov 10 2007 Post subject:

Poppa's PTL Club · Posted: Nov 10 2007 Post subject:

I have a company car and I'm ashamed to say I couldn't care less how much gas costs. I just go where it's most convenient to refill.
_________________
I likes to eat 'da pig!
Acts 11:5-9

necron 99 · Posted: Nov 10 2007 Post subject:

Sa-Mokin · Posted: Nov 10 2007 Post subject:

necron 99 · Posted: Nov 11 2007 Post subject:

Yep, the chemical side of the business is Chevron Phillips - I had some friends who went to work for Chevron in Port Arthur and later Cedar Bayou chemical plants, and that always comes to mind first. It all got kind of funky in the 90's and early oughts - who merged / acquired who, and from which side of the business.

I think Citgo's assets in the USA may not remain Citgo much longer - Lyondell is out now, they've sold their asphalt plants, and other things might get traded in exchange for things forcibly re-negotiated.
_________________
Let's hope SoEzzy can ditch his heavy hand on photos in 2016!

Canadian Bacon · Posted: Nov 11 2007 Post subject:

In Toronto today i paid $1.02 a litre.....= almost $4.00 a gallon. Crying or Very sad

_________________
Horizon Offset (Marshall RD Special)
30 " Electric Masterbuilt(Digital)
Large BGE
Napoleon Legend Gasser
20"& 26" Discada
Two of the fastest Thermapens ever made ... Black& Blue
LIAR #25

necron 99 · Posted: Nov 13 2007 Post subject:

I used to really enjoy John Stossel's "Junk Science" segments - but his "Give me a break" segments are pretty good as well.

http://abcnews.go.com/Video/playerIndex?id=3235669

The price of a gallon of milk is up to $4.49 here - it was $2.00 just a few years ago.
_________________
Let's hope SoEzzy can ditch his heavy hand on photos in 2016!

Poppa's PTL Club · Posted: Nov 13 2007 Post subject:

You have to remember simple market ecomomics, as supply goes down or demand for a product goes up, the prices will increase unless there is an artificial limitation on the price, which will lead to shortages. There are two structural barriers in the way that are likely to keep the prices at this level for a while.

1) It is simply true, there are no new refineries, so there is a limited supply. I see this as an artificially created limitation on supply, as there are environmental policies behind it. I'm not advocating their support or repeal, but the higher gas proces are a natural consequence of the artificially limited supply. It would be nice if we cold all be super "green", but there is a point at which you have to make decisions other than just "being green" (What price are you willing to pay?)

2) Emerging nations (China and India in particular) are developing rapidly and are putting extreme pressure on demand. This is something that's not going to change and will only get worse as these countries demand more and more energy. There's nothing to do about this, it just is what it is.

Bottom line, I think you will be seeing these price increases permanently, IMHO. Again, this is one reason I dropped more than $15k in annual salary to leave a position for one that included a company car; I am just about making that $ up on what I would have been driving otherwise with a personal car and the lower use of our personal vehicle for personal trips (That Jeep with a Hemi is fun, but it also gets about 12 MPG).

It's also another reason, I haven't given any serious thought about catering full time, I have to use my truck to haul the stuff and that's an increasing amount of money I'd have to lay out for each gig. The principles of market demand for BBQ are the same; if you have appropriately priced your product, at some point, people will not be willing to pay more. You will then have to make a decision about whether the price you are paid (profit after your expenses) are worth the effort. I am in the fortunate position of being able to turn down jobs because I don't think it's worth my time to put in the effort for a smaller profit, full timers might take some of those jobs just because they want/need to to increase their overall income. I'm just glad I don't have to make those decisions.
_________________
I likes to eat 'da pig!
Acts 11:5-9

smokemaster · BBQ Fan Joined: 11 Jul 2006 Posts: 281 Location: Europe

I pay $6.91 per gallon for diesel here in Germany. Prices just went up. That's why I drive to Luxembourg and fill up, it's only $5.72 a gallon there.

Be happy your prices folks
_________________
Modified WSM on Wheels
2 - UDS's
WBS

"Beauty Follows Smoke"

Texman · Posted: Nov 14 2007 Post subject:

14� gallon?
World fuel prices.
Nation Price
UK $5.64
HONG KONG $5.62
UK $5.56
GERMANY $5.29
DENMARK $5.08
NORWAY $5.07
NORWAY $4.93
ITALY $4.86
TURKEY $4.85
PORTUGAL $4.80
KOREA $4.71
SWITZERLAND $4.56
KOREA $4.53
AUSTRIA $4.50
CROATIA $4.32
JAPAN $3.84
AUSTRALIA $2.63
CAMBODIA $2.57
TAIWAN $2.47
GEORGIA $2.31
LAOS $1.66
THAILAND $1.60
CHINA $1.54
RUSSIA $1.45
KAZAKHSTAN $1.36
TAJIKISTAN $1.32
AZERBAIJAN $1.15
VENEZUELA $0.14

necron 99 · Posted: Nov 14 2007 Post subject:

With a national oil company, crude oil production that is greater than its refining capacity, and refined product consumption less than its refining capacity, a government can subsidize domestic refined product pricing, with the difference being made up in export income for crude oil and refined products.

When we go to Curacao and Bonaire for scuba trips, we mention the fuel prices are about 50% higher there than at home - and the Dutch tourists tell us they enjoy the significant discount on fuel prices there vs. at home!
_________________
Let's hope SoEzzy can ditch his heavy hand on photos in 2016!

bigdad · BBQ Fan Joined: 03 Apr 2006 Posts: 224 Location: W.pa

And don't forget about the tax heavy back end on those prices . Even in our own country. I think they should post the taxes on the signs along with the price per gallon.
_________________
free is better than cheap!!

Teleking · Posted: Nov 14 2007 Post subject: