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PostPosted: Fri May 16, 2008 11:35 am 
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We are going to get screwed again...
http://www.khou.com/topstories/stories/khou080516_jj_oilprices.107515d1f.html

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PostPosted: Fri May 16, 2008 4:28 pm 
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The artical states that the average is $3.73/gal, looks loke they will have to drop the price here in So.Cal.

Diesel is what pisses me off, how can it be more then gas?

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PostPosted: Fri May 16, 2008 7:46 pm 
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And the refinery co.s are still turning out BILLIONS in PROFITS! Maybe they could profit a little less and lower the prices.

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PostPosted: Mon Jun 16, 2008 3:28 pm 
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da LUV masta
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Location: Sonora, CA
rondog wrote:
And the refinery co.s are still turning out BILLIONS in PROFITS! Maybe they could profit a little less and lower the prices.

I think they'd profit a little bit more if they'd lower prices. Then again, their production is down, and yet profits are up. If y'all have oil stocks, sell 'em. The cheapest gas station has the longest lines.

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PostPosted: Mon Jun 16, 2008 9:44 pm 
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Luvrv8 wrote:

Diesel is what pisses me off, how can it be more then gas?


They blame it on the new "ultra low sulfur" diesel. I guess it costs alot to get all that sulfur out so you can get less fuel mileage. :roll:


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PostPosted: Mon Jun 16, 2008 10:50 pm 
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Just a few cents under $140.00 a barrel today.

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PostPosted: Thu Jun 19, 2008 11:17 pm 
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I wonder how long this'll/can go on for. Well, I guess the only upside is that LUV's will be worth a little more...

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PostPosted: Thu Jun 19, 2008 11:20 pm 
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Came down a little. $131 and change today.

I don't follow this, I just happen to hear it on the radio while trying to get a traffic report.
This is L.A. we do have traffic.... sometimes :lol: :roll:

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PostPosted: Fri Jun 20, 2008 2:01 am 
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Location: Sand Bernardino, CA
rondog wrote:
And the refinery co.s are still turning out BILLIONS in PROFITS! Maybe they could profit a little less and lower the prices.


Which is what makes me think there's more to the picture that we're not seeing.

But I'm a conspiracy theorist. :)


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PostPosted: Mon Jun 23, 2008 7:13 pm 
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Location: Auburn, CA
We need to get a bunch of engineers together and come out with a carb for the Luv,
so it gets 50 miles to the gallon. 8)

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PostPosted: Mon Jun 23, 2008 7:21 pm 
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I think I read about one somewhere :lol:

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75 Luv, 350 V8, TH350, Camaro rearend. New 1975 Luv Step side. Stock for now.
Grandmaster of the "Shade Tree" way.. I can't see the yard for all the cars. Come on down and we will sit on the porch and watch the grass grow.


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PostPosted: Mon Jun 23, 2008 8:49 pm 
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You probably did...

Vapor feedback is an old trick, I've also got a thread here somewhere on my $5 'alcohol injection'. (It's a vacuum operated bubbler...)

http://www.eagle-research.com/

All sorts of stuff on ebay for 'hydrogen injection' but most of it is actually HHO (Brown's gas)...

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PostPosted: Tue Jun 24, 2008 4:50 pm 
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Something's fishy: Experts say price of gas should be $2 a gallon, not $4
04:32 PM CDT on Monday, June 23, 2008

By MIKE GOLDFEIN / WFAA-TV

WASHINGTON — Americans are furious about the high price of gas, and this isn't going to make you feel any better.

http://www.khou.com/topstories/stories/ ... 7cb6e0.jpg

AP

A number of oil industry experts told a Congressional panel Monday that oil speculators are to blame for gasoline prices reaching dizzying records.

By some estimates, a gallon of unleaded regular should be priced at $2 a gallon, not $4.

Basically, the experts say, there isn't a supply problem; there's plenty of oil.

Speculators now account for 70 percent of crude oil trading on New York's commodities exchange. The price of a barrel of oil, which rose to almost $138 on Monday, does not reflect market fundamentals.

Oil analysts told the House Energy Subcommittee on Oversight and Investigations that what Americans are paying at the pump has been bid up to twice its actual value.

"We can produce oil profitably at less than half the current price levels," said Fadel Gheit, a senior oil analyst at Oppenheimer & Co.

"Today, index speculators are the 800-pound gorilla that dominates futures markets," added Michael Masters of Masters Capital Management.

In effect, people and companies with no interest in using oil have purchased vast quantities of it — on paper, at least.

One solution now being considered by lawmakers: "When you buy an oil futures contract, you should have some place to put the oil," said Rep. Michael Burgess (R-Texas).

Another response is to close loopholes that make it easier to speculate on oil.

But could regulatory measures like these work? One expert told the congressional panel it could cut the price of oil in half.

Congress is moving ahead on rules that would place limits on speculators. Some experts said the price at the pump would drop within days with tighter controls.

=======================================================================================

People have a right to make money, but this hit us all.

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75 Luv, 350 V8, TH350, Camaro rearend. New 1975 Luv Step side. Stock for now.
Grandmaster of the "Shade Tree" way.. I can't see the yard for all the cars. Come on down and we will sit on the porch and watch the grass grow.


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PostPosted: Tue Jun 24, 2008 5:01 pm 
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Tighten the controls!!! Tighten the controls now!!!

I went to Lovecraft today. The are in L.A. and make conversion kits to run my diesel pick up on waste veg. oil.

I'm still researching, I will probably build my own system for my truck. I hoped to really be sold on theirs and have them do it all. But wasn't exactly what I was looking for.

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PostPosted: Tue Jun 24, 2008 9:16 pm 
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I have not had a diesel for a couple of years, but there are some great sites on WVO and VO and DYI BioDiesel . Great stuff... I still have links. I am on those sites but have not posted for a long time... I am PapaG almost every where. I am like that itch that never goes away... VW TDI diesels mostly. Wish I still had my 97 Passat TDI

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75 Luv, 350 V8, TH350, Camaro rearend. New 1975 Luv Step side. Stock for now.
Grandmaster of the "Shade Tree" way.. I can't see the yard for all the cars. Come on down and we will sit on the porch and watch the grass grow.


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