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LPG = Liquified Petrol Gas, it's the lightest fraction that used to be burned on top of a stripper. Lots of cars here run on LPG.
:eek: WOW!!! What kind of strippers do y'all have over there, round here your lucky if you get a lap dance!!!
OK, back to business:
I don't think the conflict in the east has affected petro prices at all, I was actually expecting worst. Locally we have been around $1.30 all summer, now its $1.40. Considering the rath of inflation, its cheap.
What I haven't been able to get out of my head since grade school is that oil is limited resource. We will run out one day, especially at the rate we are going, unless of course the end happens before. Who knows. But I agree, fuel at its present cost is a bargain.
I didn't read all the above posts -- so I'm not sure if any of our north of the border buddies have checked in yet. We were in Newfoundland (visiting the in-laws) earlier this summer -- I noticed mostly small nondescript cars - no sport utes - no big pickups. When I stopped to buy gas - I thought 88 cents not that bad -- except it was for a liter! If its 5 liters per gallon thats $4+... ouch.
I can't bend my head around the 'limited resource' thing, either. A think tank of college students estimated that we (the USA) use 17 million barrels of crude oil daily... just for gas! And that's estimating that 1 in 3 people drive a car. Jeff78, the amount of vehicles that you own makes up for 9 people - I'm sure that their estimate of vehicles in use is low. Think about it... 17million/day = 6.205 billion barrels/year!!! :eek: And that's only the USA. I don't imagine that usage or production is going down. That makes me think that the earth is just a big dirt balloon filled with crude oil... :hat
Gas prices are allways higher overseas becasue of a bunch of socialists taxing hell out of it, to discourage automobiles, which makes the people dependant on THEM to provide adequate transportation, besides most of Europe has rarely is ever left their own city/town, let alone gone seriously overseas....like off the contintent....
so ok, to my story, some 23 years ago in the Sha/Iran crunch, I put an additional junkyard gas tank on my Chevvy 3/4 ton van...making it a 50 galoon capacity, carried a 5 gallon can and 2--2gal cans in the boat, towed clean to Woods Hole ferry from Rockville Maryland....500 miles one way @ 10mpg.....for summer vacation....never stopped once, just for pee on roadside, the station lines were just too silly long to bother with stopping.....
in Martha's Vinyard, the only station on the island had NO lines, of course...
upper classes NEVER wait....
Around here, back in the 70's, a gallon of gas was about 30 percent of the state hourly minimum wage. Today, it's closer to 25 percent. So I guess we're actually better off pricewise. But with the vette, you can't get group of friends to pitch in on gas to go cruisin' together in one car.:nonod:
The worst thing about the gas crunch is the way it forced a lot of people to small imports. Our domestic automakers blew it back then and have never recovered.