Fuel prices around the world.

[JLH4]

I don't much care if it goes to 4 bucks or 5 bucks a gallon, I just roll the cost into what I sell my product for. Over in Europe they pay a lot more than we do and have for years.

and they have better roads and safer bridges too.

 

[Hay Dude]

I have been able to successfully raise most of my contract mowing and snowplowing contracts to recoup most of the current 50-60% increases in fuel and parts. However, fuel inflation and interest rates are on their way up again. It’s a difficult situation.

 

[sd455dan]

MILES! Our Rabbit diesel only got 53 miles
per gallon. My 03 Dodge 2500 diesel driving
55 will get me between 25 to 30 miles per gallon.
Can't see buying a new pickup and have to add
DEF and get 14 to 16 miles per gallon! My old
73 Dodge 318 4 speed 4:11 rear gears 18 miles
per gallon running 75 to 80 miles per hour. I can't
understand why put all the pollution crap on a
vehicle which makes the vehicle burn more gas and
puts out twice as deadly fumes without the crap.
It costs the taxpayer a lot of money for the crap and
the added expense of burning more gas!

willy

and here i thought I had the best MPG with a 2003 Cummins powered RAM.
with a best full tank to empty hand calculated average of 24.4 MPG

If I trusted the overhead LIE O Meter I would have reported 28 MPG.

You may have managed it. If so Very Impressive MPG
My truck is a Quad Cab 3500 4x4 6 speed Manual, H.O. Cummins

 

[5030]

The ONLY time my diesel 1 ton truck leaves the garage is when it's out on farm business and the mileage and fuel and upkeep is a tax write off. Pleasure driving is always in our roller skate that gets 40 mpg.

Same applies to the class 8 diesel tractor trailer in the barn. It only comes out to haul grain to the elevator but then you don't drive a tractor trailer to church anyway. My 3406 NZ gets about 6mpg loaded.

 

[sd455dan]

The ONLY time my diesel 1 ton truck leaves the garage is when it's out on farm business and the mileage and fuel and upkeep is a tax write off. Pleasure driving is always in our roller skate that gets 40 mpg.

Same applies to the class 8 diesel tractor trailer in the barn. It only comes out to haul grain to the elevator but then you don't drive a tractor trailer to church anyway. My 3406 NZ gets about 6mpg loaded.

I hear you . but until we get a commuter car of some sort the RAM averages at least 5 MPG better than anything else for a trip to more distance towns. Don't mind having the extra steel around for safety either with some of these texting inattentive drivers on the roads.

 

[5030]

I hear you . but until we get a commuter car of some sort the RAM averages at least 5 MPG better than anything else for a trip to more distance towns. Don't mind having the extra steel around for safety either with some of these texting inattentive drivers on the roads.

Understandable. I always drive very defensively with the roller skate (Ford Focus). Like riding in a tinfoil go kart. It is comfortable for a small car however and it has a 5 speed so I can play hot rod on the on ramps.

 

[Williy]

Here Diesel was $3.79
reg gas $2.95 H.E.B

willy

 

[sd455dan]

Here Diesel was $3.79
reg gas $2.95 H.E.B

willy

Here Non ethanol premium is $4.50
diesel $3.89

 

[Williy]

Diesel $3.49
Reg gas $2.99

willy

 

[Hay Dude]

Diesel now 4.29/G in the once great state of Pennsylvania. $3.79 in DE.
Wondering if I should take out a student loan for one of my kids college tuition? Better chance I have enough cash to get through this horribly expensive period.
Now with war heaped on top 10% or more inflation, it’s going to get worse.

 

[Diggin It]

Refinery fire/explosion a few days ago didn't help. And there was another one yesterday somewhere.

 

[jyoutz]

Diesel now 4.29/G in the once great state of Pennsylvania. $3.79 in DE.
Wondering if I should take out a student loan for one of my kids college tuition? Better chance I have enough cash to get through this horribly expensive period.
Now with war heaped on top 10% or more inflation, it’s going to get worse.

Unfortunately it’s going to get worse. I place a lot of the blame on Congress permitting oil exports in 2018. Before that, the US cost of oil was based on domestic supplies and only the imported oil was subject to world prices. Now, all of our oil is priced by world demand. Oil companies are happy because profits are up, but consumers in the US are paying for this.

 

[JediCropFarmer]

unfortunately the invasion of Ukraine has significantly increased prices and inflation is going up a lot i suspect a recession is coming sadly

 

[jyoutz]

unfortunately the invasion of Ukraine has significantly increased prices and inflation is going up a lot i suspect a recession is coming sadly

Well we will find out, but recession doesn’t necessarily follow inflation. I recall a strong job market along with horrible inflation in the late 1970s.

 

[rademamj1]

And I also recall an economic period during late 70's under Jimmy Carter, called Stagflation time. Nation in a recessionary period, while interest rates jumped from 6% to 21%. Not an enjoyable experience. And that Stagflation era was triggered by high energy prices, caused by worries of OPEC embargo.

 

[jyoutz]

And I also recall an economic period during late 70's under Jimmy Carter, called Stagflation time. Nation in a recessionary period, while interest rates jumped from 6% to 21%. Not an enjoyable experience. And that Stagflation era was triggered by high energy prices, caused by worries of OPEC embargo.

I recall the high prices and interest rates during that time, but I don’t recall it being hard to find employment during those years.

 

[bmg88201]

If the prices keep going up, I will have to stop buying non-ethanol fuel. I get better mileage and performance but geez it’s getting expensive. I filled up both my cars yesterday and spent $127. Who raises the prices of gas and why is beyond me and out my control but it boils down to GREED !!!!! A lot of folks are struggling right now just trying to get by and increasing gas prices just adds to their burden.

 

[jyoutz]

If the prices keep going up, I will have to stop buying non-ethanol fuel. I get better mileage and performance but geez it’s getting expensive. I filled up both my cars yesterday and spent $127. Who raises the prices of gas and why is beyond me and out my control but it boils down to GREED !!!!! A lot of folks are struggling right now just trying to get by and increasing gas prices just adds to their burden.

Yeah, that stuff is really expensive and has been for a long time. I just buy about 20 gallons per year for the lawnmower and other small engines.

 

[jyoutz]

There is a federal moratorium for drilling and extracting on federal lands...how is NM able to extract while other places are not?

Biden’s Republican critics are wrong about U.S. gas production, experts say

Some Republicans, attacking President Biden, say that increasing U.S. production of fossil fuels would liberate Europe from its dependence on Russian gas. But experts say Biden hasn’t scaled back ener...

www.yahoo.com

 

[Hay Dude]

Unfortunately it’s going to get worse. I place a lot of the blame on Congress permitting oil exports in 2018. Before that, the US cost of oil was based on domestic supplies and only the imported oil was subject to world prices. Now, all of our oil is priced by world demand. Oil companies are happy because profits are up, but consumers in the US are paying for this.

I blame the heavy handed environmentalist bullies.