US Starts Summer Driving Season With Gasoline Surplus

Oh thanks for depressing the hell out of me!

Let me depress you guys further with the fact that when I bought a new Renault Dauphine in Montreal back in the early 1960's, gas was 35 cents per Imperial gallon. i was able to drive from Montreal to Ottawa and back for a dollar and change. A Mercedes 300Sl Gullwing sold for around C$12,500 at about the same time. The Renault cost me C$1,600. I also recall that a new small split level bungalow could also be bought for around C$12,500 and a Rolls Royce sedan was around C$14,000.

"Mercedes 300Sl Gullwing sold for around C$12,500" It's about time I get busy building the "wayback machine"

Inflation, Enn. Don't forget you would not have been earning anything like as much as you do now.

I remember in the 90's when I think gas was $0.85 - $0.95. It was around the time I got my license during the Clinton administration

0to60, I hope you realize Clinton had nothing to do with those gas prices.

The demand for fuel seems to be decreasing as prices keep soaring and more people are curbing their driving habits and seeking fuel effiency. This is Good!

Now if they would only lower the prices to get rid of all the inventory. I highly doubt it though.

wow! 4 dollars for regular! what state is that in anyway?

Can you do the Hula?

I dont know but on the airbase here in Germany it's about $3.65 and off base about 10.00 for plus....

I just put in gas at $3.95 a gallon at 76, in Southern California...blaaah, and it was the cheaper of the stations.

Anyone else realize that it is relatively economical to drive a premium fueled vehicle nowdays? The cost used to be ~10% more per gallon, now the difference is less. In Iowa, premium is usually $.10 per gallon more expensive than regular. Ethanol, OTOH, is subsidized, so it is usually $.05 cheaper than regular.

Please correct me if I'm wrong. Even though its subsidized,ethanol is still more expensive to produce,thus raising fuel prices.

Not sure what angle you are talking about in regards to being more expensive, but for the consumer, it is cheaper. I think you are talking about the cost to produce, perhaps?

For instance, a typical pricing scheme will be:
Regular 87 octane= $3.15/gal
Ethanol 89 octane= $3.10/gal (subsidized)
Premium 91+ octane= $3.20/gal

These are made up prices, as I am not sure what today's local fuel costs exactly. Gas stations will vary a cent or two between grades sometimes, i.e. not always a $.05 difference, sometimes $.06, other times $.04.

if you don't know what actual gas prices are, you don't actually drive a car.
as a matter of fact, all your posts show that.
it would be ok, but you try to pass yourself off as someone with at least some driving experience.
when are you going to get your driving license? 2 or 3 years is my guess.

I'm clearly messing with the wrong guy! :lol:

A trillion barrels of oil is sitting in Canada.

The USA has 200 years worth of oil sitting in Alaska.

We're stuck here paying this outrageous gas tax.

For people it's just money out of their pockets.

yeah, but we have to save it for a rainy day, we will use up foreign oil first.....

By the time "we" get to use the Alaskan oil, the US will be no longer. Either way, it will only bring war to this land. (not to get political).

Sorry Shredmo but I have to disagree with you...

simmonsdp,
Ideally, I do like your plan. I was a lil' drunk when I said what I did. What I meant is, if we use all the worlds oil first, then are the only ones with oil left, other countries will want it badly. I deserved to get deboosted, whereas you deserve boost for your comment.

Summer driving season? As opposed to the summer non-driving season?