1st time I ever saw diesel for over 5 bucks a gal in the AZ river valley damn what is going on a 25 cent+ jump in 2 days
(https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd6c748xw2pzm8.cloudfront.net%2Fprod%2Fa4404710-83e8-11ec-9636-c5d8efd14004-standard.png?dpr=1&fit=scale-down&quality=highest&source=next&width=700)
(https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd6c748xw2pzm8.cloudfront.net%2Fprod%2F54be2730-83b5-11ec-80d8-63e30d01dfd9-standard.png?dpr=1&fit=scale-down&quality=highest&source=next&width=700)
Seems to be a few industries milking the current situation(s) for every penny of profit they can.
You don't suppose cutting the natural gas supply to Europe by the Russians would upset energy prices?
The gas goes via Poland...
$200 CDN disappeared into my Dodge EcoDiesel the other day...
Can't have someone trying to start WWIII and it not mess with economics...
Happy coaching!
Buswarrior
Here it it is the 1st of May and oil is still over a 100 bucks a barrel no relief for May it will stay high if it doesn't drop in price in May. Summer vacations will be short drives for me.In the US 5 refineries have shut down and the Old Sinclair refinery is shutting down in Houston after a 100 years the way it is going no refineries are going to be around if oil prices drop in the US
Lock those fuel caps folks!
Quote from: Van on May 01, 2022, 07:03:49 AM
Lock those fuel caps folks!
I saw a hay hauler Sat at the smoke shop buy and pay $1300.00 to fill up his rig ,lol diary prices will be up soon when you add that to the price of a ton of hay :^it is already selling for over $300.00 a ton in the field here
Quote from: luvrbus on May 01, 2022, 06:06:43 AM
Here it it is the 1st of May and oil is still over a 100 bucks a barrel no relief for May it will stay high if it doesn't drop in price in May. Summer vacations will be short drives for me.In the US 5 refineries have shut down and the Old Sinclair refinery is shutting down in Houston after a 100 years the way it is going no refineries are going to be around if oil prices drop in the US
I gulped (again) when reading this...
The NW call of the wild is haunting us this year with fuel pricing. When we embark it will be spearheaded by a notion that prices will not get better..., to live in the now...
A portion of the haunt is contemplating on retiring (or at least decreasing) active OTR bus activities to tiny home notion... ???
This raising fuel cost may change some traveling plans in the future. Diesel went up about thirty cents the other day here we are now at $5.30. Gas is still under the four dollar mark.
We will never see $2.50 a gal fuel again I look for it to level off around $4.00 a gal today's inflation has bitten us in the @$# big time
Elections have consequence's,,<<<Dan
Kansas is only $3.80 a gallon :^
Quote from: Dave5Cs on May 01, 2022, 06:01:21 PM
Kansas is only $3.80 a gallon :^
Good price Dave a friend of mine says all the Quick Trips in KS are 5 bucks a gal he lives south of Wichita KS
Yes, 3.80 is gasoline average price. Diesel average is over 5.00
Gas buddy says diesel ranges from $4.65 to $5.35
Lots of room for your fuel to go up yet. Here outside of Vancouver diesel is $2.00 a liter, which is I think around $7.50 a US gallon. It hurts but I don't see any of the coal rollers slowing down any.
Quote from: Bearmtnmartin on May 01, 2022, 08:31:27 PM
Lots of room for your fuel to go up yet. Here outside of Vancouver diesel is $2.00 a liter, which is I think around $7.50 a US gallon. It hurts but I don't see any of the coal rollers slowing down any.
They are still rolling in the US too but prices are passed on to the consumer, I hate to go to the grocery store,shipping has gone through the roof and the prices changes daily
I would expect to eventually see diesel prices back below gasoline prices, but it probably won't happen for another ten years or maybe more. Diesel costs less to produce than gasoline but the recent increases in consumer use (diesel cars) have shifted the balance between production and usage. As more electric cars come online this should shift back to where an artificial pricing structure shifted to balance production with usage is no longer needed, at which point we will see gasoline prices going up faster than diesel prices and they begin to balance out again. But other than a general wobble up and down the trend of prices is generally upwards, following our so called non-existent inflation rate, which shows up rather clearly in housing prices. Nothing new there, that's been going on for centuries and isn't about to stop.
Probably the only thing limiting the inflation rate, (sorry, I meant the non-inflation rate) is the immediate effect it has on the economy. Every major spike in prices immediately chills travel and vacation plans, and other uses of disposable income which then ripples through the country's finances and dampens commerce. It seems that recently our decision makers in industry and government have forgotten that and let themselves get carried away with greed. The short term gains result in long term losses that are not sustainable. Overall what's good for the unwashed masses is ultimately good for all.
Jim
But a barrel of crude produces almost twice as much gasoline as diesel fuel.
We are heading out to the 'ol camp ground for a few days. I filled my tank with #2 diesel at $6.19 a gallon -- cheapest price in the county. Ouch! Jack
Hi Jack, hope you and Lorna are well, where's your ole campground? tom...
You all remember all the talk about the great reset when Biden got elected this is a big part of it in my opinion and it's going perfectly as planned they want to destroy the U.S through it's economy and there is no better way then through energy the engine of our country's economy and build back better remember? (really). Of coarse gas companies are seeking profits because the government is going to shut them all down in the name of climate change. I hope the hell someone can prove me wrong. Better order your windmills and solar panels now before they get to pricey for your electric buses.
The sky is falling , the sky is falling, LOL
Quote from: Dave5Cs on May 03, 2022, 08:39:27 AM
The sky is falling , the sky is falling, LOL
Well... we've already been invaded by aliens...
I s'pose y'all've heard about the birds aren't real thing...
Jim
Quote from: Jim Blackwood on May 03, 2022, 08:56:06 AM
Well... we've already been invaded by aliens...
I s'pose y'all've heard about the birds aren't real thing...
Jim
I've got my aluminum foil hat ready to go...
I bet we'll see prices drastically reduce right before the election in 2024 so the current corrupt party in in office can claim credit for it!
;D BK ;D
questionable. oil companies aren't happy with current administration policies. doubt they will be interested in helping, but never know what may happen in 2 years.
Quote from: chessie4905 on May 03, 2022, 10:06:47 AM
questionable. oil companies aren't happy with current administration policies. doubt they will be interested in helping, but never know what may happen in 2 years.
WHAT policies we have a political professor from Berkley CA running our energy dept that is dumber than a box of rocks
You know s*** happens and the guy at the top doesn't have much ability to do positive things, however they can really fuck things up and hey the whole world is dealing with a $#!% show right now. It's not just one thing...
Quote from: Utahclaimjumper on May 01, 2022, 02:13:52 PM
Elections have consequence's,,<<<Dan
What, do you think presidents have some sort of dial in the Oval office that they turn to control fuel prices? If they did they would want to turn it down during election years. There is a certain war that pushed oil and fuel prices way up.
Haven't we all been here before?
A few of the factors this time around:
1) A lot of deregulation has taken place since the last round.
2) China is a major factor
3) The CV19 virus continues to disrupt global trade/production.
4) Ukraine
We might have been able to avoid this if we let Putin walk all over eastern Europe but that would result in an even stronger and bolder Russia to deal with in the future.
What pissed me off is the Saudis could have helped tamp down the rise but didn't want to offend Putin. So they screwed the US instead.
Has anyone looked lately our our debt in the US :^ all we do is spend and print more money,our debt vs GDP really sucks
Speaking of printing money, I'm about to start printing my own!
After all if it's good for the guberment, should be good for me eh?
;D BK ;D
I think they call that crypto currency now days.
Diesel should be around $3.50/gallon. If we get the top three criminals out of office, then the country will be on the right track.
Crypto currency seems to be not legal currency, not even a credit card. Why should there be another currency? A lot of people, on the other side of this issue, think we should bring back gold and silver backed currency, no matter how cumbersome that makes things. Can you hold a crypto coin in you pocket, even tho one of those might be worth $40,000 one day and a lot less another day...
Ha if crypto seems funky try NFTs !
There's plenty that both the US and Canadian administrations could have done to ensure lower priced fuel in North America. Its not like the raw material is in short supply in either country. The fact that prices are as high here as they are is 110% the fault of the current crop of nitwits in Washington, DC and Ottawa.
"The sky is falling , the sky is falling, LOL"
Actually IT IS!!
Unfortunatley.
Diesel hit $2.19 a liter at a truck stop near my house today. about $6.50 us per us gallon.
I have bud who does major electrical contracting and he is no longer doing any fixed price bids; but moving to material/labor billing to be paid after the fact.
The cost of electrical components like circuit breakers has gone up 60% at this point and there is no idea when they can make progress (after a nationwide conference call with a well known major brand) on the back log.
The backlog goes from the small normally household size stuff to major breakers and other electrical components for an entire building.
If you can't power it, no sense building the building. All of this is a result of the worldwide impact of Covid. He thinks it will take a decade to recover.
I needed a Bosch fuel regulator for a 944 Porsche. I was surprised that no one had it in stock. I was told Bosch ceased production due to CV19 shutdown and certain things are still not back in production.
Global trade and just-in-time supply lines leave little wiggle room for disruptions.
Covid 19 is said to be unusual in that it mutates to evade natural defenses quickly. Fortunately the mutations that spread the best are also the less deadly ones. Makes sense. Kind of hard to spread something when your dead.
And the issue of free money, causing working age young adults to stay home, mass early retirements earlier than normal, long years of low interest rates, soaring deficit....list goes on. Think of it as giving back our stimulus payments. You can't double the minimum wage without current disastrous results. Government is running out of sandbags to hold the dice. Hang on.
Quote from: chessie4905 on May 05, 2022, 04:36:54 AM
And the issue of free money, causing working age young adults to stay home, mass early retirements earlier than normal, long years of low interest rates, soaring deficit....list goes on. Think of it as giving back our stimulus payments. You can't double the minimum wage without current disastrous results. Government is running out of sandbags to hold the dice. Hang on.
Yep anyone remember the 70's-80's with way higher interest rates at 18 to 22% and fuel was high and there were gas wars at stations, food was high priced and everyone was predicting the fall of the country. I had two spec homes for sale in California with interest rates on loans way up there and had them sit for a year before I had to drop the prices to get rid of them and buy down the interest rates to do it.
So as for Washington this is nothing new next time you vote don't vote ANY of the same people in and maybe it will change.
I will never disparage anyone's pay who works an honest day and note, the minimum wage had gotten much smaller as it was never indexed to inflation.
Workers could actually afford to work for lower wages if things like the ridiculous cost of health care, the nutty cost of all forms of insurance, various fines&fees, and of course horrid student loans are put in check.
But those guys have great lobbyists compared to most business much less their employs so guess who gets to take the hit on this.
The real problem as I see it, is that politics follows the money more than ever before, and the middle class just ain't got much.
Until it does things are not likely to improve.
LOL have you purchased toilet paper or paper towels lately it is stupid in price and I ask why ?.They tried the interest rate increases to slow inflation under Carter didn't work then and not going to work now ,we are in for a rough time for next few years,LOL Buddy the std poddle of Sonjas diet is changing a friggn bag of food cost me 70 bucks it doubled in price n 6 months for 22 lbs
QuoteLOL have you purchased toilet paper or paper towels lately it is stupid in price and I ask why ?
Clifford, some countries you eat only with the right hand and wipe with the left. Screw toilet paper. LOL
And in spite of all else, Shell Oil reports record profits of $9.1 billion in 1st quarter.
But no, of course oil companies aren't price gouging at all...
Quote from: richard5933 on May 05, 2022, 09:19:25 AM
And in spite of all else, Shell Oil reports record profits of $9.1 billion in 1st quarter.
But no, of course oil companies aren't price gouging at all...
Shell is a world wide CO and oil and gasoline is not their only business,blaming the oil co's is not the problem we have, Walmart profits were 39 billion for the same period
Quote from: luvrbus on May 05, 2022, 09:41:25 AM
Shell is a world wide CO and oil and gasoline is not their only business,blaming the oil co's is not the problem we have, Walmart profits were 39 billion for the same period
Please don't confuse Folks with facts. ;D
Are you guys saying that the record profits for the quarter were NOT related to the higher oil prices?
The cost of production didn't shoot up since the start of the Russian invasion, just the market price for one of Shell Oil's prominent products, as well as the subsequent pump price for fuel. Sure, production costs increased but not nearly as steeply as the price they're able to sell their product for.
If you guys are contending that oil companies are not raking in huge profits as a result of the market price increase in oil you're not paying attention.
Good news for me is Diesel just went down to $4.96 a gallon! Going to top off for Fla trip tomorrow. The bad news for "Y'all" as they say around here is Blairsville Ga is not on the way to anything. We all hate the price hike but we need to go DTCERRATO and just hit the start button! Maybe shorter trips, but I am not parking it this summer. I am 65 this summer and not going to get younger waiting for things to get better.
I try to stay out of the political chat, but I do take notes on things. When the current gang took the reins, in my town, gas was $2.26 a gallon, the border was secure as it can get, we were exporting oil and natural gas, there was record job growth and employment in all sectors, races, and sexes.
But we must still be a great country. People are breaking into it every day....!
Quote from: richard5933 on May 05, 2022, 12:28:15 PM
Are you guys saying that the record profits for the quarter were NOT related to the higher oil prices?
The cost of production didn't shoot up since the start of the Russian invasion, just the market price for one of Shell Oil's prominent products, as well as the subsequent pump price for fuel. Sure, production costs increased but not nearly as steeply as the price they're able to sell their product for.
If you guys are contending that oil companies are not raking in huge profits as a result of the market price increase in oil you're not paying attention.
Shell oil profits are mostly from Asia and Africa it would surprise me if 1/2 of their profits was made in the USA,our problem are the idiots in Washington and the clown behind the desk
Quote from: richard5933 on May 05, 2022, 09:19:25 AM
And in spite of all else, Shell Oil reports record profits of $9.1 billion in 1st quarter.
But no, of course oil companies aren't price gouging at all...
Right, they always charge what ever the market will bear but they have to. From the corporate view if you tried to do anything else they would kick you off the board. But oil is a commodity like wheat and corn and those markets are regulated so we don't starve and farmers don't go out of business. No reason why that cannot be done such a vital commodity as oil. Heck we already subsidize the heck out of it. Here in Texas they are rehiring all the guys they laid off back when oil went negative and that will help. Of course they will be exporting a lot of it to make up for Russia.
If Ukraine manages to free its self from Putin it could replace that and more.
And repay the US for all the stuff we sent :)
Quote from: luvrbus on May 05, 2022, 09:41:25 AM
Shell oil profits are mostly from Asia and Africa it would surprise me if 1/2 of their profits was made in the USA,our problem are the idiots in Washington and the clown behind the desk
You kind of argue against yourself here.
I agree that the oil market is a global one. I also agree that lots of their profits come from overseas.
Those both go against your argument that the folks in DC have so much to do with the prices we're paying at the pump.
We're paying those prices at the pump because it's a free market system, because this is a global market, and mainly because right now that global market has scared up oil prices to over $110 last I looked. All those have little to nothing to do with anyone in DC.
Clifford I thought Gary bought Buddies food? :^
Diesel here in my south central area of PA is now $6.29. Bus will stay parked for a while and get maintenance done this summer.
There's no way the corporations are price gouging, they're just charging whatever 'the market' will bear in a system where they've lobbied, bribed, and driven out competition wherever possible to ensure they could always turn the greatest profit possible with the least regulation and responsibilities regardless of the harm caused to society as a whole. Obviously.
Oh, and also there can't be price gouging if there's inflation, a war, or a pandemic either as the concepts are mutually exclusive.
Quote from: pabusnut on May 06, 2022, 08:56:48 AM
Diesel here in my south central area of PA is now $6.29. Bus will stay parked for a while and get maintenance done this summer.
Interesting how different the prices are between parts of the US. I paid $5.20/gal today here in Wisconsin. There is a tax difference, but that would only account for about 1/3 the price difference here. No idea what's behind the rest of it.
Quote from: pabusnut on May 06, 2022, 08:56:48 AM
Diesel here in my south central area of PA is now $6.29. Bus will stay parked for a while and get maintenance done this summer.
We we're thinking the same thing but with the bus fully ready to roll for months now that's exactly what it's doing. 2200 miles into our 3rd AK trip from FL. At 71 who knows what's around the next bend so we chose to find that out by looking through the windshield - besides the shop walls were starting to close in on us.
Quote from: richard5933 on May 06, 2022, 03:25:02 PM
Interesting how different the prices are between parts of the US. I paid $5.20/gal today here in Wisconsin. There is a tax difference, but that would only account for about 1/3 the price difference here. No idea what's behind the rest of it.
5.20/gal is good compared to what we're seeing from FL to middle Canada so far. Tomorrow will be our 1st fill up in SK CA (Gulp!) Best price in the states was $4.88 with a TSD discount.
$6.06 to $6.11 here now. And we're heading to AK. next week. Ouch. 7 to 8 in Canada.
Quote from: chessie4905 on May 06, 2022, 06:40:13 PM
$6.06 to $6.11 here now. And we're heading to AK. next week. Ouch. 7 to 8 in Canada.
Getting acquainted with the gas buddy app. It seems the best way to go. Most everything around us East of & near Regina is over $2/L. Found one station in Whitewood SK @ $186.9/L we'll try out tomorrow.
Where's your destination in AK? Maybe we'll cross paths.
Everywhere, but in Denali pulling a tt. Won't risk a breakdown up there with coach.Will post a picture by we leave.
Are the both of you leaving a little early in the season for that destination??.,.Weather for south Oregon & north California is for a FOOT of snow in the rockies and Cascades in the next two days,,.>>>Dan ( Keep your heaters ready for action.)
Quote from: Utahclaimjumper on May 07, 2022, 01:49:50 PM
Are the both of you leaving a little early in the season for that destination??.,.Weather for south Oregon & north California is for a FOOT of snow in the rockies and Cascades in the next two days,,.>>>Dan ( Keep your heaters ready for action.)
Weather has been awesome all week. We like early travel as we shy away from tourist activities. There is the lowest of RV count on the roads as we've ever experienced probably fuel related. Today a half tank of fuel cost us $500. Canadian. :(
we should be ok, hitting rockies 3rd or 4th week of month. Going up through Minn.- N. Dakota to Winnepeg. Following Yellowhead highway to Dawson creek.
Quote from: chessie4905 on May 08, 2022, 05:34:31 AM
we should be ok, hitting rockies 3rd or 4th week of month. Going up through Minn.- N. Dakota to Winnepeg. Following Yellowhead highway to Dawson creek.
Lots of flooding in Manitoba. The highway out of Emerson to Winnipeg is closed. Detour runs you on 14W till 3N - then we took 13N right into Trans Canada 1W. It was a great run & never saw Winnipeg. We're currently in Saskatoon with friends. It been clear sailing... Lots of bridge repair/reconstruction in the Dakotas on I-29 but no inconvenience.
Chessie4905 If your going thru Saskatoon make sure you plan to stop at my yard. Lots of room and your more than welcome. ( DT CERRATO approved pit stop ) I can PM you all the details. :)
Thanks. I'll mention it to my navigator.
Thanks dtcerrato about the flooding. I'll check Manitoba highway dept on conditions when we get near the border.
The view from Paso One's residence.
:^