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Old 12-09-04, 07:01 PM   #1
pilar
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not that i ride because of gas prices but...

http://news.yahoo.com/news?tmpl=stor...pec_meeting_39

[OPEC will cut back on oil production early next year in a bid to stave off a further decline in the world price, Kuwait's oil minister said Thursday.

The comments by Sheikh Ahmad Fahad Al-Ahmad Al Sabah revealed what delegates to the Organization of Petroleum Exporting Countries had agreed in informal discussions ahead of their formal meeting on Friday.

Asked when the cut in production would start, Al Sabah said: "Everyone has committed for next month, maybe to start from February." ]


sweet!
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Old 12-09-04, 08:01 PM   #2
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Originally Posted by pilar
sweet!
well if they cut back then we pay higher prices
like $2.00 a gal isnt high enough
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Old 12-09-04, 08:10 PM   #3
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haha, if they could only accurately represent sarcasm in a smiley form... hell, not that i blame opec. they're the amusment parks that sell bottled water for $5, and americans are the ill-prepared patrons who arent smart enough to sneak in their own water.
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Old 12-09-04, 08:16 PM   #4
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they charge it cause the poeple will pay it
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Old 12-09-04, 08:27 PM   #5
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Originally Posted by pilar
http://news.yahoo.com/news?tmpl=stor...pec_meeting_39

[OPEC will cut back on oil production early next year in a bid to stave off a further decline in the world price, Kuwait's oil minister said Thursday.

The comments by Sheikh Ahmad Fahad Al-Ahmad Al Sabah revealed what delegates to the Organization of Petroleum Exporting Countries had agreed in informal discussions ahead of their formal meeting on Friday.

Asked when the cut in production would start, Al Sabah said: "Everyone has committed for next month, maybe to start from February." ]


sweet!
I guess the Sheikh wants to make another billion dollars like he really needs the money. Insanity.

What gets me folks is that it will have zero effect on SUV purchases in 2005.
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Old 12-10-04, 05:26 AM   #6
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Originally Posted by TechJD
well if they cut back then we pay higher prices
like $2.00 a gal isnt high enough
No, actually, it isn't nearly high enough, judging by the number of behemoths that still roam America's roads - and are in fact still rising in size and popularity.

Hell, even the astronomic prices in Europe aren't high enough considering the rampant proliferation of said vehicles on this side of the pond as well.
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Old 12-10-04, 05:52 AM   #7
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Originally Posted by TechJD
like $2.00 a gal isnt high enough
My heart bleeds for you. 80 pence per litre in the UK.
You can do the math but it's a sight more than $2 per gal (even US Gal )
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Old 12-10-04, 06:17 AM   #8
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Chuckle.
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Old 12-10-04, 09:04 AM   #9
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Who is paying $2 a gal still? Around here prices have gone down a lot lately and currently we are paying $1.75 for Regular and $1.95 for Supreme. My guess is the prices do go back to just over $2 a gal and personally that is fine by me, just ride my bike more.
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Old 12-10-04, 09:13 AM   #10
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Anyone else who can contribute prices from other countries... I keep telling my friends that we may be paying more than we are used to, but we are paying less than any other country that is not in the Middle East...
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Old 12-10-04, 09:48 AM   #11
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There you go:

http://www.energy.ca.gov/gasoline/st...ne_prices.html

http://money.cnn.com/pf/features/lis...ces/price.html

http://www.eia.doe.gov/emeu/international/gas1.html

http://www.1stfamily.com/gasoline/gasoline257.html

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Old 12-10-04, 10:25 AM   #12
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Regular here is ~$1.70 Per Gallon for regular.

Of course we do have the largest refinery in the western hemisphere here on Island.
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Old 12-10-04, 10:34 AM   #13
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About $0.70 per liter here today. That's around $2.70 for a U.S. gallon.
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Old 12-10-04, 10:45 AM   #14
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We are at 1.95 at the cheap stations here in Arizona (Phoenix Metro Area) still. Nice to be a bike commuter over the past two years.
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Old 12-10-04, 10:55 AM   #15
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One of the newspapers here in the Sacramento area did a survey asking people how high prices had to go to spur a change in their driving behavior.

The general response was: "...at $2.50 a gallon, I'll start riding a bike."

Prices in the Sacto area topped out at around $2.30, then headed back down.

Coincidence? No such thing.
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Old 12-10-04, 12:08 PM   #16
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80 pence per litre in the UK. = 5.80 US per gal
but then what does the average car over there get per mile
here I think the average is just above 25 miles per gal

and I remember see a commerical that cars like the mini cooper got like 50 miles per gal back in the 60s

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Old 12-10-04, 12:15 PM   #17
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I am all for gas prices to reflect a true (near) unsubsidized cost - especially as it affects the everyday driver and car manufacturers.

However before cyclists celebrate the increase in gas (really oil) prices keep in mind it will raise the price of everything else from groceries, heating costs and just about everything...

Al
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Old 12-10-04, 12:51 PM   #18
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Originally Posted by MERTON
yeah. but then technology will finally advance in energy production and all will be happy.
and then only the rich will drive cars
we'll end up back like the horse and buggy days
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Old 12-10-04, 03:09 PM   #19
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Quote:
Originally Posted by Grasschopper
Who is paying $2 a gal still? Around here prices have gone down a lot lately and currently we are paying $1.75 for Regular and $1.95 for Supreme. My guess is the prices do go back to just over $2 a gal and personally that is fine by me, just ride my bike more.

Tallahassee FL still is. the lowest regular gas here is 1.90. the highest for regular is around 2.08. the highest it ever went was 2.50 for regular, that was around June or July. i traded in my Ford Explorer in for a 2004 Nissan Sentra....i miss that i cant just throw my bike into the back of the explorer but i dont miss spending $40 a week in gas. hopefully more people will do the same, trade in their big SUV's for cars or less gas consuming smaller trucks. unfortunately, i cant ride my bike to work....it's just not safe. the roads and drivers on the side of town that i work on is chaos. there arent very many bike lanes and most people DRIVE in the bike lane!
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Old 12-10-04, 03:22 PM   #20
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I just returned from Paris.
1.18EUR/Liter = $1.56/L = $5.90/gallon
36.61 L (9.7 gallons) to fill my Peugot cost 43.20 Eur = $57.02

I love my SUV...what else would I use to carry my bikes around in??
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Old 12-10-04, 03:37 PM   #21
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Quote:
Originally Posted by TechJD
well if they cut back then we pay higher prices
like $2.00 a gal isnt high enough
Well judging by the traffic congestion on the roads, and the gas guzzling vehicles being driven, looks like it isn't high enough.
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Old 12-10-04, 09:14 PM   #22
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Originally Posted by powers2b
I just returned from Paris.
1.18EUR/Liter = $1.56/L = $5.90/gallon
36.61 L (9.7 gallons) to fill my Peugot cost 43.20 Eur = $57.02

I love my SUV...what else would I use to carry my bikes around in??

Why people keep comparing the price of gas here to other countries still baffles me. Those countries have TAXES way more than what our taxes are added into the price of gas. What you should be doing if you're going to compare prices is find out what the price of the gas is BEFORE they slap all their surplus taxes on top of it. Then we start to get an idea of what Europeans vs. USA pays for a gallon of gas.

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Old 12-10-04, 09:20 PM   #23
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Start with the price of a barrel of crude?
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Old 12-10-04, 09:29 PM   #24
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Yup, that would be best.

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Old 12-10-04, 09:36 PM   #25
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Yay its called bush is already ****ing up everything ad our relations with oil countrys yay!

damn why why why did bush have to win.
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