Posted by Calnotary on 2/23/11 4:54pm
Msg #373891

Oil prices hit $100 per barrel

It cost me around 10.00 dollars per signing for just gas!

Reply by Calnotary on 2/23/11 4:56pm
Msg #373892

Sorry I forgot the link:


http://news.yahoo.com/s/ap/20110223/ap_on_bi_ge/us_oil_prices

Reply by Shoshana/AZ on 2/23/11 7:06pm
Msg #373907

Either your car is a gas guzzler or you're traveling really far for your signings!

Reply by Linda_H/FL on 2/23/11 7:19pm
Msg #373909

Not necessarily...I get 30mpg - at $3/gal, 3 gal - 90 miles, $9.00 - 45 miles out - not unusual for me - I've clocked as much as 120 miles for a single assignment (think that was my highest).

With gas at $3.38/gal that 45 mile trip just got more expensive - and it's still climbing.

Reply by Calnotary on 2/23/11 7:49pm
Msg #373914

I travel average 60 miles both ways. Plus 9 miles round trip to drop package. Not all my packages gets dropped in my way back home. Since this gentleman got killed a few months ago in a corolla I don't drive my 4
cylinder anymore. I am paying about 2 or 3 dollars more per signing in gas just to drive my bigger/safer vehicle.

What kind of car do you drive Soshana?

Reply by JulieD/KS on 2/23/11 9:10pm
Msg #373924

I drive a Buick Rendezvous and it doesn't get good gas mileage and I don't care. I like being up high and in a bigger, safer vehicle. My b/f drives a Corolla and it scares me to ride in that tin can.

Reply by Shoshana/AZ on 2/23/11 9:46pm
Msg #373931

I drive a 2011 Rav 4. I get 25-26 miles to the gallon. Gas is currently $3.19/gallon and up.

Reply by Shoshana/AZ on 2/23/11 9:51pm
Msg #373932

I am thinking that if they come out with a Rav 4 Hybrid,

I might trade this one in.

Reply by Marian_in_CA on 2/23/11 10:28pm
Msg #373939

Re: I am thinking that if they come out with a Rav 4 Hybrid,

I'm so glad for my 12 year old HOnda Civic... it's old and not very pretty, but the gas mileage is great.

I'm definitely looking at a hybrid in the next few months. Living out in the boonies, it's just going to become necessary, considering the price of CA gas. It'll be $4/gal by next week, I'm sure.

Reply by Shoshana/AZ on 2/23/11 11:19pm
Msg #373945

Re: I am thinking that if they come out with a Rav 4 Hybrid,

My 1998 Rav had 211,000+ miles on it. The mileage was about the same, but the new one is a little bigger.
Having lived in the Bay Area for almost 23 years, it never ceased to amaze me how expensive gas was and the refinery was just up the road in Martinez!

Reply by ikando on 2/24/11 10:10am
Msg #373969

Re: I am thinking that if they come out with a Rav 4 Hybrid,

Too bad the tax incentive to buy a hybrid has passed.

Reply by John Schenk on 2/23/11 7:41pm
Msg #373912

Bought an oil stock today, GLUG @ .031. Float is around 75M shares. Closed @ .0385. Held it for tomorrow. A close tomorrow above .0718 200 day moving average would fuel the move higher. RSI should bust 70 tomorrow. A/S is 500M. O/S is unknown. 77% of O/S issued for purchase of a oil/gas lease in the Permian Basin. I expect O/S has to be close to 300M now in order to fund that purchase. Closed above 100 DMA of .0364. I think it tests the .07s tomorrow. A break above .0718 and it could test the .10s. I'll be all out tomorrow be end of day, and probably flip it at least twice during the day.

Oil prices going up ain't all bad! LOL

JJ

Reply by indaberry/LA on 2/23/11 7:45pm
Msg #373913

On the other side of the coin...means folks around here will be making a living wage again and people will start moving back and buying houses.

Reply by Marian_in_CA on 2/23/11 10:20pm
Msg #373936

I paid $3.85/gal tonight. UGH!! n/m

Reply by Cheryl Meril on 2/24/11 12:19pm
Msg #373993

Gas Will Continue To Rise - Plan Strategy

I hate to be the bearer of bad news, but oil is going to continue to go up to $200 a barrel over the next few months. You may want to plan a strategy now, including selling a gas guzzler while you can for a hybrid, or completely converting to electric vehicles.

I've got it all covered on my end and have ever since I started this business. For any trips outside my jurisdiction, we have Zip Cars with free gas, per our charge of $12/hour. For those within my jurisdiction, electric bicycle covers it. When it rains, there's public transportation for emergencies, or taxis.

Reply by Guy Case on 2/24/11 1:28pm
Msg #374030

Re: Gas Will Continue To Rise - Plan Strategy

What is a Zip Car?

Reply by Linda_H/FL on 2/24/11 1:33pm
Msg #374032

Re: Gas Will Continue To Rise - Plan Strategy

http://www.zipcar.com/

Reply by James Dawson on 2/24/11 12:58pm
Msg #374009

Hold on!!

Left house two hours ago for signing, past neighborhood gas station, $3.67. Just passed it on way back home $3.74

Reply by Linda_H/FL on 2/24/11 1:01pm
Msg #374012

Yep..that happened to us this morning

Heading into town, gas $3.27/gal (at different station than the other day) - on the way home 4 hours later $3.35/gal...

Don't Blink!!

Reply by James Dawson on 2/24/11 1:41pm
Msg #374037

Re: Yep..that happened to us this morning

Yea, I just filled up my tank, figured It was going down any time soon.

Reply by MikeC/NY on 2/24/11 4:54pm
Msg #374068

Re: Hold on!!

Several years ago when the prices were going nuts, I was sitting in line at the pump when the attendant came out and raised the price - on gas that was already in the underground tank! He was either very brave or very stupid, because a LOT of people got upset at that one. It's one thing if there's a tanker delivering gas when that happens, but that stuff in the ground has already been paid for...

Reply by JanetK_CA on 2/24/11 1:42pm
Msg #374038

Heard this am it could get to $5/gal before summer. UGH!! n/m

Reply by MikeC/NY on 2/24/11 5:03pm
Msg #374069

Re: Heard this am it could get to $5/gal before summer. UGH!!

I don't think it will get to $5 in most of the country. Look at the history of gas pricing over the past few years. It will probably crest somewhere over $4, and then gradually drop back into the $3.00 - $3.25 range, and we will never see it lower than that again. That's how they managed to get gas up to a minimum of $2, then $2.50, and now $3 - bump it up outrageously and then let it decline to the price you REALLY want to support, which people will think is a bargain.