Willing To Pay More For Gas By Not Buying Russian Oil?
- Thread starter Chet
- Start date
David777
Well-known Member
- Location
- Silicon Valley
Here in California gas prices are always highest. Just added 12 gallons of regular at $5.20/gallon, or about $63. Fortunately, I don't need to drive much in the near term but many other working people that drive either due to a long commute or commercial vehicle driving will be painfully slammed. And everyone will be hit by the rise of prices due to transportation costs of goods. Time to cut back and hunker down. The only ones that won't have issues are the !@#$ real estate and financial corps and their armies of speculators that have been driving up housing and rental housing costs skewering all the rest of us.
Alligatorob
SF VIP
I remember the shock of having to pay over $5 to fill my car... long ago.
Don M.
SF VIP
- Location
- central Missouri
I gassed up yesterday at $3.39/Gal. I checked Gas Buddy a few minutes ago, and that same station is up to $3.59 today...a 20 cent increase overnight. I fully expect to see $4/gal. within the next week, or two.
We normally don't drive much, but with these rising prices, we will try to limit our "store" runs, even further, and will NOT be running to the grocery store for a jug of milk....
We normally don't drive much, but with these rising prices, we will try to limit our "store" runs, even further, and will NOT be running to the grocery store for a jug of milk....
carouselsilver
Member
- Location
- Eastern PA
This is reminding me of the 1940s, where people had to ration gasoline.
AnnieA
Well-known Member
- Location
- Down South
Just read that Russian oil is going $20.00 per barrel under what it was selling pre-invasion. Might be a smart move to buy it up low now so they won't have as much in reserve. Any future drilling and refining they do is going to cost wildly more than before the invasion. Most of their refinery tech comes from Europe so as things fail, they won't be able to repair or replace the machinery.
There was an article this morning on my local TV about used cars. (I'm looking for a used Prius) They showed how all the used cars have gone up in price. You use to get a good 2015 for around $12,000.00 Now it's selling for $22,000.00 Same car.
It said dealers are having a hard time getting used cars since they can't even get new cars to sell because of chip shortages. I looked for a used Prius. The only ones available had over 300,000 miles on them & they sold for $15,000.00 the year 2007
New Prius's are going for $35,000.00 & up if you got the cash.
It said dealers are having a hard time getting used cars since they can't even get new cars to sell because of chip shortages. I looked for a used Prius. The only ones available had over 300,000 miles on them & they sold for $15,000.00 the year 2007
New Prius's are going for $35,000.00 & up if you got the cash.
Shero
Senior Member
- Location
- Transient in the Land of Oz
I am willing to pay more for anything if by doing so, it will help Ukraine.
I have visited Russia and I love the country, the people and the history.
Most Russians do not want Putin there, and it is very sad they have to suffer because of him.
I have visited Russia and I love the country, the people and the history.
Most Russians do not want Putin there, and it is very sad they have to suffer because of him.
dseag2
Dallas, TX
- Location
- Dallas, TX
Yep. Used cars have increased in price over 30%. This started with the microchip shortage from China that kept new cars sitting in ports. New cars today are rolling "computers" that require microchips.
I wish I could sell my 2017 car right now and see a profit but I need it for local trips so I'm just putting money into maintaining it. When our lease comes up on our '20 Mazda CX-30 in 2023 we will probably buy it because the negotiated residual will be probably be much lower than what they are selling for now. That's what I did with my '17 Audi A4. I had very low miles on it when the lease was up so my residual to buy it was much lower than market price. I haven't been sorry.
fuzzybuddy
SF VIP
- Location
- The Sticks, Northeast PA.
Nosy Bee 54 has a point. If we don't buy relatively cheap Russian oil, we are going to have to get it from much more expensive sources. We live in an age of a super integrated economy. You can't up the price of a component with upsetting the apple cart. And it's going to affect us in ways we haven't even thought of. I don't think it's a question of our willingness to aid Ukraine. The price of oil has nothing to do with our "willingness", but the dictates of our economy. We are going to have to pay whatever.
hollydolly
SF VIP
- Location
- London England
The FTSE 100 plunged 2.4 per cent to hit a five-month low today as oil surged to $140 a barrel amid a possible ban on crude imports from Russia - before paring back most of its losses by the close of trading.
Miners and oil shares were among the few trading in positive territory, while travel and leisure stocks took the brunt of the market rout - with British Airways owner IAG down more than 7% in early trading.
Shares rallied throughout the afternoon - boosted by oil majors Shell and BP - to end the day 0.18% lower at 6,989.54. Meanwhile, the FTSE 250 was down 0.91% at 19,210.45.
Global oil prices are at their highest level for 14 years, after US Secretary of State Antony Blinken said Joe Biden's administration was speaking with its European allies about the possibility of freezing out Russia, the world's second biggest supplier.
https://www.dailymail.co.uk/news/ar...nges-2-4-cent-oil-price-soars-140-barrel.html
Miners and oil shares were among the few trading in positive territory, while travel and leisure stocks took the brunt of the market rout - with British Airways owner IAG down more than 7% in early trading.
Shares rallied throughout the afternoon - boosted by oil majors Shell and BP - to end the day 0.18% lower at 6,989.54. Meanwhile, the FTSE 250 was down 0.91% at 19,210.45.
Global oil prices are at their highest level for 14 years, after US Secretary of State Antony Blinken said Joe Biden's administration was speaking with its European allies about the possibility of freezing out Russia, the world's second biggest supplier.
https://www.dailymail.co.uk/news/ar...nges-2-4-cent-oil-price-soars-140-barrel.html
squatting dog
We don't have as far to go, as we've already been
- Location
- Arkansas, and also Florida
So, now folks will be lining up to get into an electric car. Hre in the United States, the power grid isn't even capable of handling a few hot or cold months most years. How's it going to charge 100s of millions of cars?
Packerjohn
Packerjohn
- Location
- Canada
No use complaining about the high price of gasoline. Just be happy that there is gas to put in your vehicle. All you seniors should remember back in the early 80s (ya, I know that was 40 years ago) when in the US vehicles were lined up for blocks just to get fuel. Some gas stations ran out. There were stories of gun violence against some folks that tried to jump the lineup. So, I'm saying it's not bad now however, who knows about the future? Happy Motoring!
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Don M.
SF VIP
- Location
- central Missouri
I'm amazed at the news that we have been buying oil from Russia....that just doesn't make good sense. It appears that there has been a decline in U.S. production, in the past couple of years, due to "environmental" concerns, etc. However, we should be questioning which is more "toxic"....pollution, or supporting a dictator?
I expect a "review" of our governments positions on fossil fuels in the very near future.....that IF those Clowns in Washington can start learning to work together for the nations good....probably wishful thinking.
I expect a "review" of our governments positions on fossil fuels in the very near future.....that IF those Clowns in Washington can start learning to work together for the nations good....probably wishful thinking.
I don't know people not exactly buying cars now with financial ease. Auto loans reaching record levels. Even with high gas it's still cheaper to pay for that than a new electric car. And yes the grid is not capable which has been proven in places like California during heat waves and fire season where entire grids or turned off or in places like Texas after the big freeze. Throw in natural disasters electric grids and availability aren't there for total reliance.
I'm willing to pay more, but I think Europe is much more dependent on Russian oil than we are. If I'm not mistaken, we get a lot of our oil from Canada. And we still are big producers and exporters here in the US. Was listening to his show about it on the radio this morning, click Listen in the link if you are interested in hearing the podcast.
https://www.wnycstudios.org/podcast...ce-russia-complicates-putins-invasion-ukraine
Amen!
Nosy Bee-54
Senior Member
All the energy boycott talk based on emotions will certainly cause substantial pain on many levels. There is hope that the rubble rousers and louder voices will not get their way. True leaders will be the ones with cooler heads.
"But Dutch Prime Minister Mark Rutte warned forcing a boycott now would have "enormous consequences".
And in Germany, Chancellor Olaf Scholz cautioned against banning Russian oil and gas."
The UK gets less than 5% of its gas from Russia - but for EU countries the figure is about 40%.
Mr Rutte told the news conference the change would have to be "diligent and not overnight", combined with a faster uptake of renewable energy.
An immediate change would "basically undermine supply chains the world over, particularly in Europe," he said, adding: "It would also have an impact on Ukraine itself."
https://www.bbc.com/news/uk-60642926
"But Dutch Prime Minister Mark Rutte warned forcing a boycott now would have "enormous consequences".
And in Germany, Chancellor Olaf Scholz cautioned against banning Russian oil and gas."
The UK gets less than 5% of its gas from Russia - but for EU countries the figure is about 40%.
Mr Rutte told the news conference the change would have to be "diligent and not overnight", combined with a faster uptake of renewable energy.
An immediate change would "basically undermine supply chains the world over, particularly in Europe," he said, adding: "It would also have an impact on Ukraine itself."
https://www.bbc.com/news/uk-60642926
That says it all @Nosy Bee-54. We're all complicit. In everything.
No one gets outta here unscathed.
No one gets outta here unscathed.
FastTrax
Well-known Member
www.kendrickoil.com/what-does-the-law-say-about-using-off-road-diesel-on-public-roads/
https://talk.newagtalk.com/forums/thread-view.asp?tid=149913&DisplayType=nested
1. DOT checks on the Interstates focusing on red diesel fuel violations will more than likely start to increase.
2. Gas cans, plastic hoses, manual suction pumps, fish tank pumps with portable AC power supplies and slammers to remove locking gas caps will be flying off the shelves in short order.
3. Combination and key locking gas caps will be scarce as hens teeth as well.
https://talk.newagtalk.com/forums/thread-view.asp?tid=149913&DisplayType=nested
1. DOT checks on the Interstates focusing on red diesel fuel violations will more than likely start to increase.
2. Gas cans, plastic hoses, manual suction pumps, fish tank pumps with portable AC power supplies and slammers to remove locking gas caps will be flying off the shelves in short order.
3. Combination and key locking gas caps will be scarce as hens teeth as well.
I remember locking gas caps from the first energy crisis of the 1970s. Many don't realize that's when the external cap cover and interior release came from. I still might have one in a sealed pack. Like many other things by the time they're readily available their need is gone.
Don M.
SF VIP
- Location
- central Missouri
As these fuel prices continue to rise, so too does the probability of vehicles being "raided" for their fuel. Anyone who has to park their vehicles outdoors overnight may find themselves targeted. The theft of catalytic converters has risen sharply in the past couple of years, and I suspect fuel thefts will soon be an issue in many of the cities.