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Anyone capable of discussing gas without politics? Anyone?

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BuckeyeTillIDie;1184500; said:
Gas prices wouldn't be an issue if the asshole car companies would release cars that could get over 100+ MPG. I fail to believe that there isn't the technology to accomplish such a MPG rating now.

I agree. Give us 100mpg cars and I'll be happy
 
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toledoblade.com -- Maumee firm builds prototype of electric vehicle

Like the Alias, the NMG has two wheels in the front for steering, and a wheel in the rear that drives the car. Its fiber-glass body is hand-shaped and is available in a wide variety of colors, and the vehicle retails for $36,000. However, while it can travel at highway speeds, its range is limited to about 30 miles because it relies on more traditional batteries, according to the company's Web site, meyersmotors.com

bilde


Local Alternatives - buy a ZAP Electric Car.
 
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fourteenandoh;1182070; said:
can i ask why? do you think they want to price everyone out of the market and force the world to find alternatives?

thats the whole point now isn't it? of course they don't want to price their goods higher than their customers can afford. so with that in mind, logically if they the producers had the ability to affect price change they would. we know full well they can increase production. so if production could be increased, yet it would have little to no effect on prices... clearly this is not a supply and demand issue. atleast not a supply of oil as it were.

mstevmac;1182929; said:
Gas won't be $5 for a while yet. But I did hear $4.50 by July 4th. I would expect $5 by the end of July/early August.

it'll hit 4.50 around the fourth and some places may see 5. but it won't happen in ohio. after the 4th prices should settle back down to where there are now. with the exception of natural disasters or accidents, the 4th should be about as bad as it will get.

jwinslow;1182931; said:
Crippling the economy, causing oil prices to skyrocket to $7-10+ per gallon. Not a very smart plan.

yep, we are actually going to see our reliance on the trucking industry decrease rapidly over the next 10 years. rail is going to get a huge boost from all of this. trucking is likely going to become a local business.

Sdgobucks;1184195; said:
The reason the economy exploded at the start of WWII, is that the government created demand.

exactly right. during wwII we lost countless aircraft, tanks, ships, light armored vehicles not to mention the new designs that were coming out every other day. you name it, we need millions of units built immediately. we really haven't had a war like that since. more gruesome in the whole betterment for the economy, a massive influx of jobs was created by a couple million american men not actually being in america. this continued after the war ended because so many didn't come back. war in and of itself doesn't spur the economy. large bloody destructive wars spur the economy.
 
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martinss01;1185229; said:
yep, we are actually going to see our reliance on the trucking industry decrease rapidly over the next 10 years. rail is going to get a huge boost from all of this. trucking is likely going to become a local business.

It will be interesting to see how the current rail infrastructure will be able to handle the increasing loads and how much the prices shipping will jump. The cost of rail is absolutely insane right now. There's a 6-month waiting period on new rail and relay rail has tripled in price over the last couple years, and it is becoming increasingly scarce these days. Scrap rail was selling for $150/ton early last year. Now it's upwards of $550/ton.

Obviously, this isn't the largest component of the price, but I'm curious as to just how much the rates are going to jump.
 
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It will be interesting to see how the current rail infrastructure will be able to handle the increasing loads and how much the prices shipping will jump. The cost of rail is absolutely insane right now. There's a 6-month waiting period on new rail and relay rail has tripled in price over the last couple years, and it is becoming increasingly scarce these days. Scrap rail was selling for $150/ton early last year. Now it's upwards of $550/ton.

Obviously, this isn't the largest component of the price, but I'm curious as to just how much the rates are going to jump.
directly tied to metal prices also, which are tied to oil.

youd know better than me but how much more rail capacity do we have?
 
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jimotis4heisman;1185374; said:
directly tied to metal prices also, which are tied to oil.

youd know better than me but how much more rail capacity do we have?

I really don't know how much is available in the existing infrastructure, but it's not enough for the future. Rail freight is supposed to double in the next 25 years. There's no way the capacity is there for that. Trying to upgrade and add to existing lines is going to be extremely expensive, and you can bet the railroads are going to be getting money out of the government to subsidize it.

And the Chinese are buying up steel like crazy. That's one of the main causes for the dwindling supply and spiking prices. The dollar's nosedive doesn't help anything, either.
 
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Interesting how a thread on local gas prices has jumped to the global economy.

BK
I am not sure what you do but if you were able to buy and sell scrap rail at $150 anytime last year you were a magician. P&S and HMS1 were $300 last year and are now at $550 depending on the customer that is buying it.

You are correct on China although I understand the earthquake has slowed down some production. Vietnam and Bangladesh are still buying.

Our shipping costs, rail and ship have gone through the roof as has containers and everything else.

Everything seems to be tied into everything else. With the lower dollar our exports are cheaper and we will be using the all means of transportation to get our goods out fast. The cost of land and living on the coasts are too high for production so much of it will be done in the rust belt. Hence the increased usage and costs.

Oh yeah, gas in bumping up to $4.00 here now, $3.97 at some spots.
 
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the dollars done decent the last month or so. likely it was cause eu reaction this summer. which im assuming will lead to a us reaction. heck not long ago the world propped up the euro, will it happen again?

thats the thing about this stuff its so complicated.
 
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NorthShoreBuck;1185415; said:
BK
I am not sure what you do but if you were able to buy and sell scrap rail at $150 anytime last year you were a magician. P&S and HMS1 were $300 last year and are now at $550 depending on the customer that is buying it.

Perhaps my timing is a bit off when we last got $150.....

Uh, yeah. My memory must be going. Looking back through some old check stubs, we were getting $310 last March and $200 in March 2006.

It doesn't seem that long ago that were getting $150, but I guess it's close to 3 years now.
 
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BK

As the price went up so did the cost. The true margins have essentially stayed the same, Ok maybe we did make a little more on the upslope. I have heard there is a $50 price per ton reduction expected. Not so sure we will see the same in fuel / gas and transportation side.

JO

That was my point, it is complicated and you have to be careful what price you quote. All your costs are increasing and the value of the dollar caused some price swings that were not anticipated.
 
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