[SEL] OT PA trip & fuel costs

[Tom Smith]

"The BIG question is, why did the price
remain flat over a twenty year period? If your number is correct,
then the price of gasoline, when adjusted to the consumer price
index, actually DROPPED 56%. How many other commodities decreased in
cost by more than half?"

Accurate observation Rob but not exactly what people suffering from 
high energy costs want to hear.

I know from personal experience that the longer we draw from a 
non-renewable the less there is and the harder it is to find what's 
left. The easy reserves are found and developed first and what's left 
is deeper in the earth, deeper water, tighter rock etc all costing 
significantly more to develope technology that wasn't around 10 or 
even 5 years ago. We are producing reserves from shale that a few 
years ago we just drilled through to get to the good stuff, but it 
ain't cheap.


On Tue, 5 Jun 2007 20:55:14 -0700
  Rob Skinner <rskinner at rustyiron.com> wrote:
> On Jun 5, 2007, at 8:05 PM, Tony & Jackie wrote:
> 
>> I remember in 1999-2000 gas around here was in the neighborhood of
>> $1.00 per gallon.  Gas is now over three times that price.  I hardly
>> think the number of cars on the road nor amount of gas consumed has
>> TRIPLED in the last 7 years.  I'd also like to know why gas goes up
>> in 10-20 cent jumps, but never drops more than 1-2 cents at
>> once.  Fluctuations should go both ways, should they not?
> 
> Hi Tony,
> I remember that gasoline was just breaking a buck a gallon back in  
> 1979 when I started driving.  The BIG question is, why did the price 
> 
> remain flat over a twenty year period?  If your number is correct,  
> then the price of gasoline, when adjusted to the consumer price  
> index, actually DROPPED 56%.  How many other commodities decreased 
>in  
> cost by more than half?
> 
>> I run my VW Jetta diesel on used motor oil (or used cooking oil) and
>> get 43 MPG.
> 
> I'm curious about this. What do you do to turn the used oil into  
> usable fuel.  Cost of raw materials?  Man hours?
> 
> Thanks,
> Rob
> 
> 
> 
> 
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