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Gas prices dropping soon?

lacanteen

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Paid $62.00 yesterday for 12 gallons of premium. While regular is coming down, premium is rising. here. The same station has regular at $4.05. Walmart is $3.99 for regular
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LSchicago

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Paid $62.00 yesterday for 12 gallons of premium. While regular is coming down, premium is rising. here. The same station has regular at $4.05. Walmart is $3.99 for regular
A couple stations here are cheaper for premium 93 than 87.
 

sk47

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The country is/was Venezuela.

And by the way the Fed is not printing more money. That’s just an internet thing.

https://www.investopedia.com/are-we-in-for-a-hyperinflation-5093627
Hello; The link you posted is about hyperinflation with a definition of around 1000% a year. No we are not in hyperinflation so far. That said we are in the mist of increasing inflation. I was around in the 70's and 80's, so have seen some inflation cycles. It does not tale 1000% to hurt many of us.
Those who are rich or who can demand salary increases to match inflation do not suffer so much.
 

Bikeman315

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Hello; The link you posted is about hyperinflation with a definition of around 1000% a year. No we are not in hyperinflation so far. That said we are in the mist of increasing inflation. I was around in the 70's and 80's, so have seen some inflation cycles. It does not tale 1000% to hurt many of us.
Those who are rich or who can demand salary increases to match inflation do not suffer so much.
I know, just wanted to put it out there. Hopefully things will get better before they get worse.
 

Bulldog9

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There may or may not be a climate emergency but the war in Ukraine has nothing to do with it. I’ve read nothing to indicate that anyone is tying the two together.

OK, you really need to get your facts in order before posting. And by the way Saudi Arabia is not considered an enemy.

https://www.eia.gov/tools/faqs/faq.php?id=727&t=6

Not long ago I would have called you on this but not today. I’ve learned that modern nuclear plants are extremely safe and very efficient. But I’m afraid the past will prevent nuclear from ever becoming a option again.
My facts are straight. Perhaps 'enemy' is not fair regarding the Saudi, but they are tacitly competitors in the energy and other strategic areas. I only go there 3-4X a year...... What do I know. Point is and was that we have idled our capacity the last year, and we have North American Capacity to offset any loss from the global market, yet we are asking Saudi to increase production, and exploring increasing imports from Venezuela, and Iran has been floated.

There is no tying the two together, and I made no association claimed or not other than the timing. My point was that some politicians in the midst of oil rising to the highest cost in recent history are taking the opportunity to push their religious environmentalist fervor farther.

Nuclear is the best way ahead, and we have much to learn from the South Koreans. Solar and wind can and will never replace coal, oil, or gas and certainly not Nuclear in energy density and output.
 
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Bikeman315

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Point is and was that we have idled our capacity the last year, and we have North American Capacity to offset any loss from the global market, yet we are asking Saudi to increase production, and exploring increasing imports from Venezuela, and Iran has been floated.
The oil industry slowed production due to a lack of demand. The demand rose and production didn't follow. If production cannot be increased to meet the demand then Washington, like it or not, has to look for other means of supply. Maybe when the heads of the oil companies get in front of congress they will sing another tune. It would certainly help to get production up to and hopefully over the pre-Covid levels.

My point was that some politicians in the midst of oil rising to the highest cost in recent history are taking the opportunity to push their religious environmentalist fervor farther.
Politicians always push their agenda's, nothing new there. But given the choice of telling the oil companies to increase production or telling the public to use less gas I doubt many politicians would choose the later.
 

sk47

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Publicly Charging EVs in Ohio Wasn’t All That Cheap and Raised More Questions | Car Bibles

Hello; Just read the above link. It is about a test done by a person who has to charge an EV at public/commercial chargers. No home charging at all. The author rents an apartment and writes articles.

I selected two quotes from the article. There is a lot more information in the article. I think the story is currently relatable as the ICE fuel price was $3.90/ gallon when written.

“After tallying up the costs of running a few EVs around Ohio I should let you know something important here: I paid more to drive electric cars than I would have to use any of my subcompact gas-powered cars.”

“My research showed me that DC fast chargers can induce incredible demand; 20 cars using DC fast charging at once could equal the output of 1,500 homes. That’s more than the number of houses in my little suburban Ohio hamlet.”
 

Bulldog9

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Publicly Charging EVs in Ohio Wasn’t All That Cheap and Raised More Questions | Car Bibles

Hello; Just read the above link. It is about a test done by a person who has to charge an EV at public/commercial chargers. No home charging at all. The author rents an apartment and writes articles.

I selected two quotes from the article. There is a lot more information in the article. I think the story is currently relatable as the ICE fuel price was $3.90/ gallon when written.

“After tallying up the costs of running a few EVs around Ohio I should let you know something important here: I paid more to drive electric cars than I would have to use any of my subcompact gas-powered cars.”

“My research showed me that DC fast chargers can induce incredible demand; 20 cars using DC fast charging at once could equal the output of 1,500 homes. That’s more than the number of houses in my little suburban Ohio hamlet.”
Few factor in the cost to have a fast charging port/plug installed at your home. Our home would need a completely new electrical panel and a 40 foot 220 cable run to the front of the garage. A $6000 cost, and not worth it. We will eventually put one in, but it will be included into a larger home improvement project. One of the wife's future cars will be electric. I hope never for me.
 

Bikeman315

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Few factor in the cost to have a fast charging port/plug installed at your home. Our home would need a completely new electrical panel and a 40 foot 220 cable run to the front of the garage. A $6000 cost, and not worth it. We will eventually put one in, but it will be included into a larger home improvement project. One of the wife's future cars will be electric. I hope never for me.
While a fast charging port is certainly a worthwhile addition it is not totally necessary. Most folks will charge their car overnight, at cheaper rates. Of course it all depends on usage. For instance, my wife averages less than 200 miles a week. This would require charging 2-3 times a month. We would not need a fast charger.
 

FreePenguin

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I would have a exterior wall charge cord tether type deal on face of garage maybe drill a hole through a brick or replace one brick with a opening/charge cavity.
I like the idea of charging in driveway and not the garage personally.
 

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Bikeman315

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Publicly Charging EVs in Ohio Wasn’t All That Cheap and Raised More Questions | Car Bibles

Hello; Just read the above link. It is about a test done by a person who has to charge an EV at public/commercial chargers. No home charging at all. The author rents an apartment and writes articles.

I selected two quotes from the article. There is a lot more information in the article. I think the story is currently relatable as the ICE fuel price was $3.90/ gallon when written.

“After tallying up the costs of running a few EVs around Ohio I should let you know something important here: I paid more to drive electric cars than I would have to use any of my subcompact gas-powered cars.”

“My research showed me that DC fast chargers can induce incredible demand; 20 cars using DC fast charging at once could equal the output of 1,500 homes. That’s more than the number of houses in my little suburban Ohio hamlet.”
Three issues.

1. Let‘s be real. We are at a point in the EV evolution that charging solely on commercial charger would not be cost effective. No great surprise there. For folks that do not have access to a home charger a hybrid would probably be the best bet.

2. A Fiat 500, really. How about comparing the EV’s with comparable ICE vehicles?

3. His last statement requires a better explanation. What research? Are we talking about”tiny” homes with no heat or ac? I highly doubt his comment as there are just to many variables.
I understand what the writer was trying to convey but his conclusions could be very confusing to the layman.
 

Bikeman315

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I would have a exterior wall charge cord tether type deal on face of garage maybe drill a hole through a brick or replace one brick with a opening/charge cavity.
I like the idea of charging in driveway and not the garage personally.
In your neighborhood? That would be a recipe for disaster. :giggle: :like:
 

sk47

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Three issues.

1. Let‘s be real. We are at a point in the EV evolution that charging solely on commercial charger would not be cost effective. No great surprise there. For folks that do not have access to a home charger a hybrid would probably be the best bet.

2. A Fiat 500, really. How about comparing the EV’s with comparable ICE vehicles?

3. His last statement requires a better explanation. What research? Are we talking about”tiny” homes with no heat or ac? I highly doubt his comment as there are just to many variables.
I understand what the writer was trying to convey but his conclusions could be very confusing to the layman.
Hello; That a renter or home owner who cannot have a home charger the hybrid option has been around for roughly 20 years. Back in 2001 I was shopping for a new car and did look at the hybrids newly out at the time. I passed and got a 2001 Nissan Sentra SE. It is not like the opportunity has been absent.
I get the notion there is some magic in EV's and to a degree hybrids with regard to saving the planet. However much like the 10% corn ethanol mix in gasoline there are some questionable claims floating around. I refer to the Volvo study posted not long ago as an example. The level of "green" surrounding EV's and hybrids is in question.


To me the Fiat 500 example works. For many a vehicle has the primary use as basic transportation. It is nice when we can have a bit of fun while driving. My 2001 Sentra SE is not fast like a Mustang but is quick enough for spirited driving. It has the 2.0 liter engine I first had in a 1991 SE-R. Good power to weight ratio in a smaller car. My Sentra gets an overall (city/highway/everywhere) average of around 35MPG even at 20+ years. To me the Fiat 500 is a viable option for an EV.

I get the point about possibly 1500 tiny houses but there is an equally ambiguous argument they may be all McMansions. My McMansion notion is not better supported than your tiny home notion. Could be he was referring to average homes. The ability to charge a fleet of EV's that potentially will replace all the ICE's just is not built yet. That is many years or decades away at best if it ever can be done.
 

Gregs24

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While a fast charging port is certainly a worthwhile addition it is not totally necessary. Most folks will charge their car overnight, at cheaper rates. Of course it all depends on usage. For instance, my wife averages less than 200 miles a week. This would require charging 2-3 times a month. We would not need a fast charger.
This is a point missed by many. Loads of 'it'll never work, I can't drive 600 miles in a day, the infrastructure will never cope', etc etc. However for the VAST majority of people that do average mileage (and the US average journey length is little more than the UK), local journeys, etc all find plugging in is easy and convenient. How do I know, because we do it and it works for us. Many others are finding the same. By all means have a PHEV for the occasions you need to do a long journey, but in our case 85% of our miles are electric, which means 85% are not fossil fuel based which is a huge change (our electricity is largely self produced from or PV's)
 

sk47

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This is a point missed by many. Loads of 'it'll never work, I can't drive 600 miles in a day, the infrastructure will never cope', etc etc. However for the VAST majority of people that do average mileage (and the US average journey length is little more than the UK), local journeys, etc all find plugging in is easy and convenient. How do I know, because we do it and it works for us. Many others are finding the same. By all means have a PHEV for the occasions you need to do a long journey, but in our case 85% of our miles are electric, which means 85% are not fossil fuel based which is a huge change (our electricity is largely self produced from or PV's)
Hello; Not a point missed by many. Most, if not all, understand having an EV is fine for those whose lifestyle fits. I for sure do not begrudge anyone having and using a battery vehicle. It is mostly that the option to have something different is being mandated (forced in my view) by poorly considered legislation backed up by anti-fossil fuel policies.

The last bit needs to be addressed. Solar panels are not in reality anywhere close to being in place in sufficient capacity to handle the charging load if most of us had an EV. The electric grid is already under capacity in places for the current loads at times. During some peak times my electric company remotely turns off my water heater. During the warm season it happens pretty much every day. Sure I could spend tens of thousands to install a solar panel system and spend some extra to have battery storage for night time and short winter days.

But I am 74 years old and know I will not live to see the payback for one thing. I have been considering such a system for some time. Over a decade now. Thing is the promised reduced cost of these systems has not happened to a degree needed to make it affordable. On top of that many electric companies have gone to a policy of not allowing a solar panel customer to sell the excess power back thru the grid. They may still take the power but their meters only run one way is my understanding. Point being the various promises about EV's, PHEV's, solar panels and such have not been happening. I first looked at a hybrid car back in 2000 and 2001.

Let me make my point another way. Back when CFL lights first came out i slowly replaced my incandescent lights. As LED lights became less expensive, I began replacing the CFL's. I now only have incandescent in my oven and microwave. Point being the new technology of light bulbs got cheaper and cheaper over time. There was a price point where LED lights made sense and saved electricity. Such has not happened with the hybrids and EV's. They still are a big premium over a suitable ICE.
If an EV or hybrid was the same price as an ICE having one would make more sense. I am retired and over 90% of my driving is under 100 miles in a day. I rarely drive 200 miles in a day any more.
Back when i worked and my father was alive I would often have to make an 800 to 1000 mile round trip to Indianapolis on a weekend and have to drive to work on a Monday morning. Not an EV friendly lifestyle in my past.

I have posted three links lately. Two were about the Volvo study which threw some cold water on the notion an EV is "cleaner" "greener" from the get go than an ICE. Turns out you have to drive an EV around 68,000 miles before you break even with an ICE. After 68,000 miles the EV is some better than an ICE. At least until the battery pack has to be replaced. ( note my 2001 Nissan Sentra is now over 20 years old and is still running fine at 35 MPG overall. No major repairs required. )( Will a battery pack last 20 years?)
Then more recently I find that for those without home charging those folks will wind up paying more to charge an EV than it would cost to run a small ICE at around $3.95/gallon. I rented until I was able to buy my first home at 62 years of age. I fully get what it would mean to be forced into an EV and not have home charging.
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