So....when is the oil market bubble going to pop? - Page 4 - XDTalk Forums - Your HS2000/SA-XD Information Source!

Son of Norway · 05-02-2008, 03:59 PM

"Red Barchetta" RUSH

Flashback. I went camping a few years ago and one evening the guy in the next campsite over whipped out an acoustic guitar and played a flawless rendition of this song from beginning to end. I damn near cried it was so good. Good times, good times..

We now return you to your regularly scheduled thread topic.

rimfire · 05-02-2008, 05:26 PM

Quote:

Originally Posted by Ride the Lightning

Here's my math:

1990 F-150 (daily driver), 15 mpg pretty much regardless of how I drive it. About $350/month in gas. Paid for.

2000 Camaro SS Convertible, maybe 26 mpg average but doesn't get driven much because of what it is. Probably $100/month in gas. Paid for.

2001 Ford Lightning, lets not discuss mileage. Maybe $10/month in gas. Paid for.

Insurance for the above: $250 (full coverage on all)
Tags/yr for the above: $180

Total cost per month: $725

How am I supposed to save money by getting a more fuel efficient vehicle when I can't make a payment on a nice vehicle for that? Sure, I could get some stripped down POS-mobile, but I've done my time in those. A motorcycle would be nice except that it won't do what I need it to and my daily commute on a bike would be a death sentence.

Well, then I guess you have made your choice and decided to accept the your costs as is. They way I see it you have options available and they dont have to include taking on more debt. Sell one or more of those and buy a used car that gets better mileage - you can keep your F150 and maybe save money on insurance. There are many used models that get as good or better mileage then new models - of course then you would have to change your user ID..

Ride the Lightning · 05-03-2008, 04:45 PM

That's like telling someone to sell their kids to buy a dog, it just ain't right.

You are correct, though. I have made my choice. Do I like gas prices? No, not at all. Less than a decade ago I could put 30 gallons of gas in the F-150, get a Pepsi and candy bar, hand the clerk a $20 bill and get change back. I can live with the price but reserve my first ammendment right to bitch about it all I want.

Gas prices don't dictate my existence, nor do they dictate the existance of most people. The difference is that I pay for my gas as I go and can afford to do so, mainly because I don't see the point in buying a new car every few years just to make myself feel like I'm somebody. Most people just swipe the card and pay 20% interest on it for the rest of their lives. Those are the people that need to look at doing something else for transportation.

BTW, if I sold the Lightning what would I replace it with? There's going to be a toy in the garage regardless, so why get a new toy when I really enjoy the one I have now. I couldn't buy a decent, reliable, comfortable used car for what I could sell the Lightning for anyway. Not that I would ever sell the Lightning. Sparky, if you're listening, this is a purely hypothetical conversation.

**Moose13** · 05-03-2008, 06:47 PM

Lets drill in Alaska (known oil), drill off the coast (known oil) and I believe I heard there was a large quantity that was previously not know about in Montana/South Dakota(?)

xds&chevys · 05-03-2008, 07:03 PM

If we did that we would be using our own resources instead of buying up someone elses, so that when all the oil is gone everywhere else in the world we will still have ours and the rest of the world will just come and take it from us.

**AZXD** · 05-03-2008, 08:04 PM

Quote:

Originally Posted by Ride the Lightning

There's going to be a toy in the garage regardless, so why get a new toy when I really enjoy the one I have now.

There ya go!!
So budget for it. Have you talked to the insurance agent about categorizing it as a recreational vehicle ?? It might save a little $$ for the tank

**AZXD** · 05-03-2008, 08:06 PM

Quote:

Originally Posted by Moose13

Lets drill in Alaska (known oil), drill off the coast (known oil) and I believe I heard there was a large quantity that was previously not know about in Montana/South Dakota(?)

Sounds good,
But a guy was on CNN the other day stating that if they got the go ahead today ... it would be 10-15 years before we had a steady supply.

KEVWYO · 05-03-2008, 10:06 PM

Doesn't sound like the bubble will ever pop if things like this keep happening:

LAGOS (Reuters) - Royal Dutch Shell shut down more of its production in Nigeria after a fresh militant attack on Saturday on a flowstation in the restive Niger Delta, where local militants have stepped up a campaign of violence.

Shell shuts more Nigerian oil after rebel attack | International | Reuters

bigun · 05-04-2008, 05:36 AM

There is still alot of coal lying around that could be converted to oil for alot less than we pay Achmed.

Ride the Lightning · 05-04-2008, 02:42 PM

Quote:

Originally Posted by AZXD

There ya go!!
So budget for it. Have you talked to the insurance agent about categorizing it as a recreational vehicle ?? It might save a little $$ for the tank

Budget for what?

It costs more to insure it as a play toy and the coverage isn't nearly as good.

05-03-2008, 06:47 PM	#34
Moose13 XDTalk 500 Member Join Date: May 2007 Location: Martinsburg, WV Posts: 787	Lets drill in Alaska (known oil), drill off the coast (known oil) and I believe I heard there was a large quantity that was previously not know about in Montana/South Dakota(?) __________________ XD 45ACP Compact State's Brady Rating - T-37 WEST VIRGINIA 6

05-03-2008, 07:03 PM	#35
xds&chevys XDTalk 100 Member Join Date: Apr 2008 Location: Kansas City MO area Posts: 195	If we did that we would be using our own resources instead of buying up someone elses, so that when all the oil is gone everywhere else in the world we will still have ours and the rest of the world will just come and take it from us. __________________ Better to carry a gun and never need it than to need it one time and not have it. *Truth is treason in the empire of lies--Dr. Ron Paul In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then it costs nothing to be a Patriot.--*Mark Twain www.ronpaul2008.com/

05-03-2008, 10:06 PM	#38
KEVWYO XDTalk 1K Member Join Date: Apr 2007 Location: Oregon Posts: 1,650	Doesn't sound like the bubble will ever pop if things like this keep happening: LAGOS (Reuters) - Royal Dutch Shell shut down more of its production in Nigeria after a fresh militant attack on Saturday on a flowstation in the restive Niger Delta, where local militants have stepped up a campaign of violence. Shell shuts more Nigerian oil after rebel attack \| International \| Reuters __________________ trik396: So I guess judging by my IQ score back in high school, I'm close to 8 idiots combined.... Always underestimating your potential. HEY TRIK ... YOU'RE STILL MY FAVORITE "SPECIAL" PERSON!

05-04-2008, 05:36 AM	#39
bigun XDTalk 2K Member Join Date: Jul 2005 Location: Southern Iowa Posts: 2,357	There is still alot of coal lying around that could be converted to oil for alot less than we pay Achmed. __________________ Remington Rand 1911A1, Kimber Pro CDP 2, Kimber Custom Target, Ruger mark2 Govt model with Bushnell Holo site, Beretta 92D 9mm, Kahr K-40, Coming soon Kimber Warrior or Springfield Operator.

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05-03-2008, 04:45 PM	#33
Ride the Lightning XDTalk 500 Member Join Date: Feb 2008 Posts: 763	That's like telling someone to sell their kids to buy a dog, it just ain't right. You are correct, though. I have made my choice. Do I like gas prices? No, not at all. Less than a decade ago I could put 30 gallons of gas in the F-150, get a Pepsi and candy bar, hand the clerk a $20 bill and get change back. I can live with the price but reserve my first ammendment right to bitch about it all I want. Gas prices don't dictate my existence, nor do they dictate the existance of most people. The difference is that I pay for my gas as I go and can afford to do so, mainly because I don't see the point in buying a new car every few years just to make myself feel like I'm somebody. Most people just swipe the card and pay 20% interest on it for the rest of their lives. Those are the people that need to look at doing something else for transportation. BTW, if I sold the Lightning what would I replace it with? There's going to be a toy in the garage regardless, so why get a new toy when I really enjoy the one I have now. I couldn't buy a decent, reliable, comfortable used car for what I could sell the Lightning for anyway. Not that I would ever sell the Lightning. Sparky, if you're listening, this is a purely hypothetical conversation.