lower oil price

Status
Not open for further replies.
simple - drill our own oil and our oil issue will not be affected as much as now.

I won't support without good regulation to prevent oil spill from occur.
 
no that's different story. You're talking about the countries selling crude oil internationally to each other. That kind of thing does not apply to oil producer.

Currently - the crude oil price is at around $100. So we're paying average around $4 per gallon in America because we're buying foreigners' oil.

And Saudis? about $1. with their own oil.

And you think that buying American oil will make it cheaper?!?!

Ok, I don't have the data but I would imagine that it is more cost effective to get oil from Middle east than to get our own oil right here. Maybe Kokonut has the data to "prove" it's cheaper to drill oil here. ;)
 
And you think that buying American oil will make it cheaper?!?!

Ok, I don't have the data but I would imagine that it is more cost effective to get oil from Middle east than to get our own oil right here. Maybe Kokonut has the data to "prove" it's cheaper to drill oil here. ;)

here's a simple data - CNN/Money: Global gas prices

simply look at difference in cost of gas between oil producers and oil consumers.
 
Ok, I find this interesting article.

Jiro, you are SO wrong about Saudi's paying a dollar a gallon... it's 45 cents! LOL!

However, let's look at the whole picture. If you think our gas price is painful, how about other countries paying much more like 9 a gallon?!?!

Why gas in the U.S. is so cheap - May. 1, 2008

But it's quite revealing... the cheapest oil is in countries where they're ruled by dictators and socialists. We shouldn't be associated with them, right? :)

The ones with the highest are developed countries although I am not sure about Eritrea.. never heard of that one!
 
Ok, I find this interesting article.

Jiro, you are SO wrong about Saudi's paying a dollar a gallon... it's 45 cents! LOL!

However, let's look at the whole picture. If you think our gas price is painful, how about other countries paying much more like 9 a gallon?!?!

Why gas in the U.S. is so cheap - May. 1, 2008

But it's quite revealing... the cheapest oil is in countries where they're ruled by dictators and socialists. We shouldn't be associated with them, right? :)

The ones with the highest are developed countries although I am not sure about Eritrea.. never heard of that one!

your source's old - Last Updated: July 15, 2008: 4:24 PM EDT
 
Canada has own oil but their gas price is higher than US.
 
But Jiro, regardless, look at the list - all countries that have cheap oil are socialist or dicator ruled.

Btw, your link is much older than mine - it said, "All prices updated March, 2005."
 
because it's not as subsidized as us.

Yup but our government want to end the subsidies for oil companies and we do own some of oil but not complete because we have to import about nearly 70% of oil from other countries.
 
Ok, why not focus on alternative energy to ween off on oil addiction as Bush said that?

I think it is a good start to look into green energy. However, it poses a logistical problem. I used to be in new car sales (I sold Toyota, Honda, Mitsubishi, Hyundai, and Jeep), and I would get a brand new demo to drive every month. Each month, I would get a different car - the car depended on my ranking in the prior month's sales. I used to want the Toyota Tundra for my demo, but after gas prices skyrocketed, that sissy looking Prius started looking better and better.

When the very first gas scare hit the Atlanta area, people were trying to trade out of their huge gas guzzling SUV's and get a tiny 4 banger.

I made A LOT of money doing this. I no longer do this type of business for personal reasons, although I was very good at it. I remember one sale where someone brought in a humungous Hummer. It was "tricked out" as in, LCD monitors for rear and side views, voice activated GPS, laser guided cruise control, etc. . . all aftermarket.

He wanted a Corolla. The main reason? Gas prices. He freaked out. So did everyone else.

I took his trade at a greatly reduced market value - as it no longer had the market value it did before gas prices went up. I sold him the Corolla for sticker price. He wanted to negotiate the price - I told him there were about 15 other people who wanted that Corolla for the same reason he did. The Prius "lot life" in my area was in a matter of seconds.

There was one Saturday that I made $1,800 take home. I no longer do this, as I said earlier, for personal reasons that I do not wish to discuss here.

The only reason I am mentioning all of this, is just to give you an idea that I know the business a bit. Toyota does not "eff" around with their employees. They want you certified to do everything you do in their company. You have to specifically be trained by Toyota to do what you do for them. This means, you go to "their" school. If you want to be in finance, it does not matter what degree you have, if you were not trained by them, you don't work in finance for them. If you have no degree in finance, but you received training by them, you work in finance.

They are very thorough too.

Anyways, a "new" concept came about, pioneered by several automobile companies, but brought into reality by Honda.

Honda FCX Clarity Overview - Fuel Cell Electric Vehicle - Site

It is absolutely brilliant, except for a logistical problem.

How many people can afford a new car? Where are you going to refuel this car?

When televisions were first invented, only the wealthy could afford them.

edit to add: Oh yeah, I know the trick those salesmen use to justify a $600 a month lease. "Just think ... you are already spending that now on fuel aren't you?"
 
Anyways, a "new" concept came about, pioneered by several automobile companies, but brought into reality by Honda.

Honda FCX Clarity Overview - Fuel Cell Electric Vehicle - Site

It is absolutely brilliant, except for a logistical problem.

How many people can afford a new car? Where are you going to refuel this car?

1. we do not have to buy Honda FCX Clarity. we'll rent it instead like Zip Cars
2. refueling is not an issue because this kind of car is targeted for city/metropolitan area so there will be refueling facilities
3. You will not save much on highway even if you drive Prius
 
1. we do not have to buy Honda FCX Clarity. we'll rent it instead like Zip Cars
2. refueling is not an issue because this kind of car is targeted for city/metropolitan area so there will be refueling facilities
3. You will not save much on highway even if you drive Prius

Umm....That totally depends on what you switch out of and how much you drive.
 
1. we do not have to buy Honda FCX Clarity. we'll rent it instead like Zip Cars
2. refueling is not an issue because this kind of car is targeted for city/metropolitan area so there will be refueling facilities
3. You will not save much on highway even if you drive Prius

It is $600 a month to "rent" the Clarity.

Re-fueling is an issue because there are currently no available hydrogen pumps outside of a specific suburb in So Cal

like TXgolfer says - depends on what you are switching out of. Also, I can attest to the fact that you WILL save fuel costs with a Prius. Not to mention the tax deduction you get for buying one.
 
I have plans .... somewhere ... of how to convert an engine to run on hydrogen gas. I just could never find the ceramic piston rings needed to make the conversion.


Yes ... you can convert your car to run on .... water. Well, the hydrogen gas from water. That is basically what the Clarity does. It uses hydrogen fuel cells.

Hydrogen ... the most abundant element in the universe. 0 emissions.

Think those oil sheiks will be thrilled about it?

edit: I found the plans I have but I can't share them, they have a copyright and google docs will not let me copy/paste. So I did this:

http://educate-yourself.org/fe/fewaterasfuel28jan02.shtml

that is a review of just one of the plans I have - I have several. It makes hydrogen gas through the use of electrolysis.
 
Umm....That totally depends on what you switch out of and how much you drive.

I said highway speed. Not local road here and Turnpike there. If you were to go on road trip which is mainly highway.... you do not benefit much from Prius.
 
I said highway speed. Not local road here and Turnpike there. If you were to go on road trip which is mainly highway.... you do not benefit much from Prius.

That is actually not completely true (but there is a tiny bit of it that is true). Prius uses a regenerative braking system. In stop and go traffic, which is the majority of time spent on the highway for daily commuters, this regenerative braking device conducts electricity which is then stored in the hybrid engine.

On highway traffic with no braking, you use the 4 cylinder gas powered engine. The Prius has two engines, one gas powered, the other electric. When the battery (which fits under the rear seat) has power, the electric engine is used.

Besides, the gas engine is used to recharge the battery, not to drive the car.
 
It is $600 a month to "rent" the Clarity.
well I didn't say lease a car. I said Zip Car - Car Sharing, an alternative to car rental and car ownership – Zipcar. Definitely not $600 a month to "rent" one.

Re-fueling is an issue because there are currently no available hydrogen pumps outside of a specific suburb in So Cal
most likely not an issue especially for city/metropolitan area like..... NYC, Seattle, Boston, etc. It's not practical for suburb to have one.

like TXgolfer says - depends on what you are switching out of. Also, I can attest to the fact that you WILL save fuel costs with a Prius. Not to mention the tax deduction you get for buying one.
See my post above. I called a rental place to rent Prius for road trip to Florida. The guy told me that I won't benefit much from Prius.

I was puzzled... and thought for a moment - ah-ha! I know why. If you look at Prius' hybrid engineering, you will see that Prius is best used as city car, not highway car. Prius will switch to gas on highway.
 
That is actually not completely true (but there is a tiny bit of it that is true). Prius uses a regenerative braking system. In stop and go traffic, which is the majority of time spent on the highway for daily commuters, this regenerative braking device conducts electricity which is then stored in the hybrid engine.
um...... stop-and-go traffic... on highway? I'm not talking about a bad traffic jam. I'm talking about a normal highway driving like road trip where you will be cruising at around 70mph or so for hours and hours. You will not benefit much from Prius.

Ever wonder why Prius's 51 city & 48 highway MPG as listed in its website are nearly identical?

On highway traffic with no braking, you use the 4 cylinder gas powered engine. The Prius has two engines, one gas powered, the other electric. When the battery (which fits under the rear seat) has power, the electric engine is used.
right. Prius is designed to switch over to gas if it's above 25 mph. Plus - you will be using A/C or radio or whatever which drains power as you're cruising down on highway. Again - you will not benefit much from Prius for highway driving.

Besides, the gas engine is used to recharge the battery, not to drive the car.
incorrect.

Electric Motor is for "low-speed takeoff" and then Gas Engine takes over to give more power. When decelerating/braking, gas engine shuts down and electric motor will receive power from regenerative braking.

Gas Engine will also take over to recharge battery if it's low. That's why you will not benefit much if you do highway driving.
 
um...... stop-and-go traffic... on highway? I'm not talking about a bad traffic jam. I'm talking about a normal highway driving like road trip where you will be cruising at around 70mph or so for hours and hours. You will not benefit much from Prius.

Ever wonder why Prius's 51 city & 48 highway MPG as listed in its website are nearly identical?


right. Prius is designed to switch over to gas if it's above 25 mph. Plus - you will be using A/C or radio or whatever which drains power as you're cruising down on highway. Again - you will not benefit much from Prius for highway driving.


incorrect.

Electric Motor is for "low-speed takeoff" and then Gas Engine takes over to give more power. When decelerating/braking, gas engine shuts down and electric motor will receive power from regenerative braking.

Gas Engine will also take over to recharge battery if it's low. That's why you will not benefit much if you do highway driving.

Ok, when I was selling a Prius, the base model had a sticker price of approx. $20,000

You take any other new car, for that price, and it still will not get the fuel efficiency of a Prius. Maybe, with the exception of one - the smart car.

http://www.edmunds.com/fuel-economy/meet-the-40-mpg-club.html

Looks too tiny for me :lol:

http://www.toyota.com/compare/?modelCode=prius#h_overview
 
Status
Not open for further replies.
Back
Top