2nd Gen Non-Engine/Transmission Well fuel is headed towards $5

[hammersley]

Looks like the pickup trend will now be over for good as the cost is escalating through the roof... ... regular gas is 3. 10 here now and this past week I've heard at least 5 news reports from the great AAA folks (who must be the shills for Big Oil) that fuel is expected to top over $4 this summer... ... and with Diesel 40-50 cents more here than gas - I see the $5 as a possibility... ... Our rigs are going to be put "out to pasture!" There is no way the typical person will pay $150 to fill these things up... ... they will be for the uber-rich! To think of all the neat things you can buy for $150 rather than crappy fuel - it boils my BUTT! Oh and please don't give me that crap that it is good for your 401!!!!!

 

[TboneMan]

Let me start by saying I hate paying these prices.



But



For us Gen 2'ers the situation isn't all that bad when you consider some other factors:



Using your per gallon prices (which I agree can/will be occur), a new Dodge pickup with a gas engine will be lucky to see 17 mpg, more likely 16. My 7,200 lb, diesel gets 20 in the same time of driving conditions (daily commute, not towing or loaded as that really wouldn't be fair for the gassers).



$4. 00/16 = $0. 25/mile (Gas)

$4. 50/20 = $0. 225/mile (Diesel)

$5. 00/20 = $0. 25/mile (Diesel at a higher price)



So the cost per mile is still an advantages (however slight) with the 2nd generation trucks. I know for me, shy of a blown engine to broken frame, there are many repairs to my 2001 that I won't do to help keep my truck on the road for another 4-5 years.



That said, since I bought my truck (with 30 miles on the clock when I took delivery) I've driven an average over 20,000 miles per year. In 2008 when fuel pushed the $5. 00 threshold, I drove only 10,870 miles

 

[tempforce]

i heard or read somewhere several years ago, that fuel would be priced to the btu value. or for most people the energy value.

so the more energy value your fuel has, the more you pay per gallon. looks like it's real close to becoming fact... .

 

[hammersley]

I agree BUT

Let me start by saying I hate paying these prices.



But



For us Gen 2'ers the situation isn't all that bad when you consider some other factors:



Using your per gallon prices (which I agree can/will be occur), a new Dodge pickup with a gas engine will be lucky to see 17 mpg, more likely 16. My 7,200 lb, diesel gets 20 in the same time of driving conditions (daily commute, not towing or loaded as that really wouldn't be fair for the gassers).



$4. 00/16 = $0. 25/mile (Gas)

$4. 50/20 = $0. 225/mile (Diesel)

$5. 00/20 = $0. 25/mile (Diesel at a higher price)



So the cost per mile is still an advantages (however slight) with the 2nd generation trucks. I know for me, shy of a blown engine to broken frame, there are many repairs to my 2001 that I won't do to help keep my truck on the road for another 4-5 years.



That said, since I bought my truck (with 30 miles on the clock when I took delivery) I've driven an average over 20,000 miles per year. In 2008 when fuel pushed the $5. 00 threshold, I drove only 10,870 miles

at those $$$ people will NOT CHOOSE these vehicles and all the lifestyles we associate with them will dissappear... not immediately - but it will... .

 

[TboneMan]

at those $$$ people will NOT CHOOSE these vehicles and all the lifestyles we associate with them will dissappear... not immediately - but it will... .

Very true. My fear is that this is the least of our worries from a lifestyle perspective. But that's a more a topic for the "Politics" forum.

 

[Ram4Sam]

Looks like the pickup trend will now be over for good as the cost is escalating through the roof... ... regular gas is 3. 10 here now and this past week I've heard at least 5 news reports from the great AAA folks (who must be the shills for Big Oil) that fuel is expected to top over $4 this summer... ... and with Diesel 40-50 cents more here than gas - I see the $5 as a possibility... ... Our rigs are going to be put "out to pasture!" There is no way the typical person will pay $150 to fill these things up... ... they will be for the uber-rich! To think of all the neat things you can buy for $150 rather than crappy fuel - it boils my BUTT! Oh and please don't give me that crap that it is good for your 401!!!!!

I don't see how anyone could feel good about five dollar per gallon fuel but you never know... . I have been driving long enough to have paid as low as sixteen cents per gallon and as high as five dollars per gallon. But I am done worrying and anguishing about the price of fuel like you are talking about, it doesn't help or change anything. If and when I can't afford to fill the tank, I will worry about it then. In the meantime, I am going to enjoy the ride... .



Sam

 

[rrl989]

There are many people who are happy that fuel prices skyrocket, just not us. Doesn't really matter how much diesel costs, it's everyone one else that has to pay more as the cost is passed on. I cut back on all the local businesses as I spend more at the pump. WTF has changed since the last fuel crisis in the USA ?... nothing. I just pay more now. After the next crisis, soon the norm will be $4. 59 a gallon and 15% unemployment. After we're all pushed into econo boxes, they will make gas $10 gallon and we'll still be complaining about the prices of fuel.

 

[EGroeneveld]

This is interesting, when I bought my 2005 Dodge, Diesel was about $2. 30 in January 2005, it doubled over a couple of years to a high of 4. 89 during the summer of 2008. I'm still driving. I don't have unlimited funds but the more I spend on diesel the LESS I spend on eating out, coffee, home improvements, truck parts, camping trips, vacations, etc... and the more we drive my wife's hybrid. We also end up camping closer to home. I'd rather put the money in other places then the fuel tank.



Thankfully we can deal with it but many cannot.



I'll continue to drive my pickup, I don't care I feel safer and its the only way to haul trailers and stuff. Luckily my work is only a 6 mile commute.

 

[DBottles]

Greed has a bad way of effecting the world, look at where we are today. $5. oo a gallon fuel prices is why the world economy collapsed. Oil companys know where the price break point is today. The u. s. Economy can not handle $4. 00 plus, we will never recover from that. I worry more about life than just about driving my diesel truck. Like it i do. I also like to eat. Oil company greed, we have seen just the beginning of its bad effects.

 

[Quilbilly brian]

the reason I bought a Diesel over a gas heavy duty truck was that with a diesel engine you have alternative fuels you can use with some modifications. What happened to Natural Gas!! Well if you live in Utah they have multiple outlets to fill up with natural gas. Here on the coast in Washington state we have very few and the same is true in Idaho, Montana and Oregon. The same goes with Bio diesel.
Today I saw $3. 45 per gal and that was on the Rez. Why is diesel so High??? One reason they say is the war effort uses lots of diesel.
Most of your consumer commodities are transported with diesel Trucks. T Boon Pickens promised these trucks would be all converted to Natural Gas. . Well Im waiting T Boon Pickens.
The diesel truck market has taken off in the last decade and this is not lost on the oil companies. I know my usual trip to Montana to hunt and hang out with my brother now run me $600 to $800 a trip. . I dont see those trip happening again if these prices keep rising.
I am happy that some say the price be damned they are still going to drive drive drive. Some of us are not as $$$$$rich so many of us will take vacations camping and hunting closer to home. Those diesel prices paid by trucking companies are passed on to the rest of us as consumers... Solution. . Get rich or stay home. .

 

[dkoldno7]

fuel

I,ll be dammed If I'll let wall street or the fuel co. adjust my retirement or my life! What goes around always comes around! The greedy wall street folk will get there reward in the end ! just my 2ct.

 

[Quilbilly brian]

I just wish the Oil companys would pull it our of my rear end

 

[Jim Brewer]

Sheesh guys, you know you *can* hedge against rising fuel costs. I've owned USO for quite awhile and, although it's not done all that well this year, if oil spikes, I'll get a piece of the action. Looks like USL might have been a good buy as well.

Airlines buy fuel futures all the time to hedge against price fluctuation. There's no reason you can't too.

If you really hate oil companies, buy their stock and laugh at them on the way to deposit your dividend check.

 

[rotohead]

Sheesh guys, you know you *can* hedge against rising fuel costs. I've owned USO for quite awhile and, although it's not done all that well this year, if oil spikes, I'll get a piece of the action. Looks like USL might have been a good buy as well.

Airlines buy fuel futures all the time to hedge against price fluctuation. There's no reason you can't too.

If you really hate oil companies, buy their stock and laugh at them on the way to deposit your dividend check.

Have owned oil company stock for ten years trying to offset the increase in diesel price. It's a nice feel good move that doesn't effect the daily situation. I'm just glad I haven't caved to the temptation to buy a new truck for the past 12 years or so. I'll keep my 98 diesel until my last days. I'm 62 so as long as I'm able to fix it on my own I will be alright. I've been more interested in spending my money on home theater, wood shop, hobby interests (which includes TDR)... since I'm going to be home more I've got stuff to keep me happy in the long run. Less driving, more money in my pocket.

 

[AMink]

The news today said $3. 80 by Memorial Day. As soon as it comes out in print or on the radio, it's like permission to start jacking the prices up. This kind of thing just kills all the little burgs across the country that depend on vacationers. Drill here, drill now? If we started doing that several years ago, we'd be part way there. Now we're not even in the starting blocks. #@$%!

 

[Regcabguy]

Vote with your pocketbook and on the side of common sense at the polls, especially in 2012. Nuke,algae,and solar are viable sources of alternative ,clean energy. Forget the windmills. Drill here,drill now with government oversight not obstructionism. With the exception of the BP folly,we do it cleaner and more efficiently than anywhere.

 

[macdaddy]

$4. 50 a gallon... ... ?



Seems reasonable to me when you consider.....



*What it costs to find the black goo.

*What it costs to build the oil well to get the goo.

*What it costs to transport the goo to a refinery.

*What it costs to make it burn cleaner than natural gas (Govt Mandated)

*What it costs to transport the finished product to a gas station.



Just more bashing on "Big Oil".



The anger should be directed at administrations like Nobama's who would rather send $ 700 billion a year over seas to buy the goo!, rather than tap or own#@$%!



I know let nationalize the oil industry. We Did with health care.



Mac

 

[Tractorat]

*What it costs to find the black goo.

*What it costs to build the oil well to get the goo.

*What it costs to transport the goo to a refinery.

*What it costs to make it burn cleaner than natural gas (Govt Mandated)

*What it costs to transport the finished product to a gas station.

Propaganda from someone who's meal ticket comes from the oil industry.

The majority of the again skyrocketing cost is from the oil sheeks (our buddies), and the speculators on wall street (goldman sacks, etc). But, the oil companies encourage it. The classical story is that the oil companies always operate at a certain profit margin. (maybe they do, maybe they dont). But, 10% of a trillion is much bigger than 10% of a thousand.

 

[Quilbilly brian]

Drilling here and drilling now wont solve our oil dependency problem or drive down the price of diesel or gas. Do you really think the oil companies will lower their price. the Asian demand for crude will keep the price of a barrel of oil high. Dont for an instance think that oil drilled in the US will stay here or keep our prices low. This is what a world economy is all about. We with Diesel engines are sitting better than gassers because our engines can burn alternative fuels. We have to develop those like other countries have. Its a cheap political sound bite to say drill here and drill now. Dont get suckered into their BS. Politicians are ****** to $$$$$ Deisel users need to cooperate and come up with ideas on how to increase production of Bio fuels so that the price will come down.

Oil will never come down due to supply and demand. We need to come up with home grown solutions here. Ok That is enough from me. Im off my soap box. Someone else take over

 

[macdaddy]

Yeah well... ...



Flood the world crude market my tapping into our own and watch what happens. It just happened during the last 18 months when demand went down. Remember Diesel at $2. 25 a gallon? I do!.



Not interested in a huge debate... ...



Regional crack spreads have been down for over a year. We aint making s*** in the downstream biz



Mac