Shovelhead

Yup, they guessing at the price that oil might sell for 6 months to a year from now.

swmnkdinthervr

The oil companies only set the price we pay...every year they establish a new record for profits...

johnny5.9

I'm not trying to argue with you because I have thought the same thing. But think of it this way. I have a friend who just moved here from Ireland and he was talking about the really high prices there. But the whole country is about the size of one state. People drive tiny vehicles because they don't have the need to drive large vehicles to transport stuff and they don't drive far because after a couple hours they'd be out of their country. Granted, there are alot of people in this country that have SUV's that could get by without them, I belong to this group. When it comes to large, heavy duty work trucks that's another story. There isn't the same construction growth there and thus tradesman don't need to haul like we do here. I asked my friend what tradesman drive there and he said just little diesel vans (Volkswagen and Mercedes aka Sprinter in US). He also added that there aren't many people in construction over there. Now maybe over years our work environment could adapt to the point that similar vehicles would be feasible but it certainly won't be anytime soon. Everybody that needs their truck to haul and tow just simply couldn't work out of a little diesel Ford Ranger or a van. Also it should be noted that wages are alot higher than here on average. Minimum wage works out to almost $10/hr US in Ireland. If I remember correctly. The US does not have proportionally good income compared to Europe. Keep in mind too that the public transportation systems in Europe are vastly superior to our own making it more practical to do without a personal vehicle altogether. This is just some food for thought and not designed to start a battle.

JeepManIowa

I wish I knew the answer, but I don't.

There are alot of variables to deal with.
Price manipulation by the OPEC countries.
EPA Mandates (good or bad).
Excessive profits in the oil industry
geo-politics
lack of horse parking at the company store.


When somebody does find the answer though, please publish your findings.
The diesel owners of America (DOA) want to know.

rjm022

if only the tree hugging liberals would let us drill in our own country for oil! can't drill in alaska. can't drill off of the coast anymore. they rather have you drive hybrids and hydrogen cars!

wcbcruzer

We'll eventually drill in Alaska. I'm not worried there. They're saving that for later.

kevellis32

I work in the oil fields, and we do drill in alaska, just not to the extent that some people want us too right now. My thought for that reason is that it is one virtually un tapped resource that we want to have just in case, and its frikkin cold. Im up in wyoming right now and its nothing comparable to alaska and at night I just wanna curl up in a ball with all the heaters in my trailer around me.

Totallyrad

IMO, the sad truth is that if we don't find and develop alternative fuels we are doomed, period. Our future generations will suffer more than we do. If I had to make the choice, I would push for green alternatives now. We've had our "industrial revolution" already, most of the rest of the world is still looking toward their's. Most of the developing nations do not regulate emissions, ground water pollution or water pollution in general. Oil will for the most part only become more expensive as the available reserves are depleted and we need to keep our oil deposits in reserve. At this time most of our military cannot move without oil, that's a fact, and I don't want to learn another language.

Hayseed

You know all the trillions spent on Iraq could be paid back in oil. It would be great until the oil companies stamped their large profit on it and still sold the diesel for 3.50 a gallon. Here in WV we have oil wells that are producing and guess what??? we can't sell the oil right now because the refineries have all they can handle...... GO FIGURE THAT ONE OUT!!!!!

rjm022

our country will always run on oil!! it is an oil based economy!!! this green alternative stuff is great-but we will always need and use oil!!!! from chain saws to air planes-we need oil!!!! buy a hybrid and help the planet!!,-while there is 15,000 aircraft in the sky flying, thousands of trains moving at any given time, oil and and oil being consumed!!-but make the working class stiff suffer by making him buy a prius!! have fun strapping a hot water heater to the roof, when you need to buy one!! the bottom line is -they want to raise your taxes!!!!!! the good old usa is the world leader. we need to stay that way. as we say no to no more drilling, no to more coal plants, no to new nuclear plants. china is building hundreds of coal plants to fuel their growth, france is building nuclear plants and russia is laying claims to oil reserves they find. we are going to be hurting real bad in 20 years! the usa regulates pollution and enforces environmental laws more and better than any other industrial nation!!!!!!!!!!!!!!!!!!!!

wcbcruzer

I don't think it's appropriate to justify everyone driving large vehicles because in proportion to the amount of fuel jets and trains use, large vehicles use way less. The population is increasing and so is the demand for oil. Motorists consume a very large portion of the oil supply, so if everyone actually did drive a Prius, we'd see a decrease in demand.

Another factor in the rising global oil demand is the emerging industrial countries like China. China is now trying to build its economy and consuming lots of oil doing it (still less than the US, however). Recently in China they have had to wait in long lines to get fuel and the fuel you can purchase is limited. A trucker had to wait 90 minutes and when he got to the pump, he was only able to purchase 25 gallons. I'm sure he was PO'ed.

Now if diesel prices stayed at $3.50/gallon, that's ok I guess. But we all know it's not. It's scary to think where it'll level off. We're now facing an oil price hike equal in magnitude to the hike of 1979.

DMAN99

The price will level out. The very being of our exsistence is food. With me being a farmer I know that the price of corn on avg. over the last 8 yrs on a bushel 2.20 so with the ten years before that the price was 2.80 and when I compare fuel prices the last 8 yrs it avg. 2.00 and the ten before that 0.80. So with that being said and refering back to the top is the price will level out but when? not soon enough IMO It will come down to a depression where were all worried about eating b/c the farmer can't afford to farm. Kinda of grimm but if the gov. don't step in and stop it our way of life is headed for a big change. I use to think that I would pitty my kids if I have them but with me being 23 I think it will come sooner than that maybe even in the next en yrs. So IMOO it is inevitable so have fun why we can and when we can't atleast we'll have good memories.

rjm022

come on! a jet that flies from new york to california creates more pollution than my truck will in a year. now times that by how many flights a day??? (thousands!!) it is nobody's right to tell someone what size vehicle they must drive/own! the ones who tell us that we must "sacrifice" are the ones who won't let us drill for oil in our own country!!!!! you want less foreign dependence on oil??? let us drill!!!! we in america could all drive prius's, it would not do a **** thing!!. with china and india economies growing (faster than ours), with the back bone being oil- look what china has to do with the upcoming olympics- taking cars off of the road, closing down their "old" coal plants-to clean up their air. we could all walk to work- but with china and india continuing to grow, disregarding their responsibility to the environment-our efforts are fruitless-that is if you believe that global warming is all man made and that it is all america's fault!!! remember- our economy is oil driven-just like any industrialized country!! how much are you will to pay for a hybrid chainsaw??? 700.00???, 1,500.00??? when you listen to all the "world's experts"" on global warming-precipitation is never factored in or considered. you know why?? because you can never know where it is raining at any one time!!!!!!!!!!! do you know if it is raining in belfast right now??? istanbul?? rome??? st. louis?? precipitation plays a major role in determining weather- but it is never taken into account-because you can't!!. you may read that dallas is in a three month drought-but cincinnanti has had more rain in a two month period, breaking a hundred year old record! so,what does that mean?? ask al gore- he has all the answers!! (even though he is just a politician that invented the internet!!!)

tabing

I represent that remark. I've worked hard all my life, (in the muddle east, helping to keep to fuel supply lines open), and when I soon retire I'm going to buy a big A. CTD 3500 because it's cool, and I've earned it. I don't plan to haul much of anything except my own fat A., and firewood to heat the house (see, I'm saving diesel that way). Don't care how much diesel costs, (it's gonna come down soon anyway).

rjm022

i congratulate you! spend your money, the way you see fit!! i also remember in the late 70's , early 80's the "experts" were predicting global cooling!! it is amazing how in a short time frame,we have turned that around into global warming!! i wonder how long it will be, before we hear about how all the "air pollution"" caused from the recent california wild fires is causing a greater impact on global warming and how asthma and other illness's has increased ten fold!!!!!! bottom line- it is all about doom and gloom!!!!!!!!!!!!!!!!!