by 3 people |
Save On Oil
Oil, as they now say is more precious than gold. It powers the fuel economy of the world to a great extent, and has been doing so for decades.
But now, there's a difference.
Oil prices are at a record high. Its a record high even among the previous highs reached by oil prices during the gulf war and other such events in oil producing countries. Its been above $100 per barrel for many months, and as of today, its hovering just below $150 per barrel!
Its pinching consumers all over the world, and especially the USA which is the biggest importer of foreign oil.
But what do we do? Switch to biofuel? Not that easy...Solar energy? Leaps to go in technology...Boycott oil? Move on to public transport? Yeah, if its feasible...
BUT, there's a way out of this oily mess for the average consumer...And you'll have to scroll down further on this lens to know about it!
But now, there's a difference.
Oil prices are at a record high. Its a record high even among the previous highs reached by oil prices during the gulf war and other such events in oil producing countries. Its been above $100 per barrel for many months, and as of today, its hovering just below $150 per barrel!
Its pinching consumers all over the world, and especially the USA which is the biggest importer of foreign oil.
But what do we do? Switch to biofuel? Not that easy...Solar energy? Leaps to go in technology...Boycott oil? Move on to public transport? Yeah, if its feasible...
BUT, there's a way out of this oily mess for the average consumer...And you'll have to scroll down further on this lens to know about it!
Will We Ever Have Cheap Fuel?
cheap fuel
There's a saying that we have in economics. It's that you can make predictions, but never about the future.
The straight answer is that China, in particular, and India continue to grow quickly. This is going to continue to put upward pressure on prices.
The other thing is ... that the relationship between the U.S. and Iran remains uncertain in the near-term. That will continue to make prices volatile.
Of course other things can happen ... but to the extent that there's bad news in what's happening in the Middle East, that will continue to push up prices.
I see the prices (of gasoline and oil) remaining high.
Convert Your Car To Burn Water with Gasoline
The best solution to save oil and your money!
Do You Want To Know RIGHT NOW How You Can Drive Around Using WATER as FUEL and Laugh At Rising Gas Costs, While Reducing Emissions and Preventing Global Warming?
Convert Your Car/Truck to BURN
WATER as well as Gasoline--Double Your Mileage!
Remember, this is the best solution you have at the moment...
Click Here to know it all
Convert Your Car/Truck to BURN
WATER as well as Gasoline--Double Your Mileage!
Remember, this is the best solution you have at the moment...
Click Here to know it all
Oil Price Poll
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Understanding the Fuel Price Economy
books on oil prices and effect on economy
The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel by Stephen Leeb, Glen Strathy
Stephen Leeb shows how hard times can be a boon fo more...0 points
American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21stCentury by Kevin Phillips
From the writer called our "modern-day Tom Pa more...0 points
The Long Emergency: Surviving the End of Oil, Climate Change, and Other Converging Catastrophes of the Twenty-First Century
James Howard Kunstler's <i>The Long Emergenc more...0 points
Tips to Improve Gas Mileage
Increase fuel effeciency
Increase Fuel Efficiency | Increase Gas Mileage | Decrease Fuel Costs | Help the EnvironmentTry these tips to get more bang for your buck at the pump.
- Drive Sensibly
Aggressive driving (speeding, rapid acceleration and braking) wastes gas. It can lower your gas mileage by 33 percent at highway speeds and by 5 percent around town. Sensible driving is also safer for you and others, so you may save more than gas money. - Keep Your Car In Shape
Fixing a car that is noticeably out of tune or has failed an emissions test can improve its gas mileage by an average of 4 percent, though results vary based on the kind of repair and how well it is done.
Fixing a serious maintenance problem, such as a faulty oxygen sensor, can improve your mileage by as much as 40 percent. - Keep Tires Properly Inflated
You can improve your gas mileage by around 3.3 percent by keeping your tires inflated to the proper pressure. Under-inflated tires can lower gas mileage by 0.4 percent for every 1 psi drop in pressure of all four tires. Properly inflated tires are safer and last longer. - Planning and Combine Trips
Combining errands into one trip saves you time and money. Several short trips taken from a cold start can use twice as much fuel as a longer multipurpose trip covering the same distance when the engine is warm. Trip planning ensures that traveling is done when the engine is warmed-up and efficient. - Choose the Right Car
Selecting which vehicle to purchase is the most important fuel economy decision you'll make.
The difference between a car that gets 20 MPG and one that gets 30 MPG amounts to $930 per year (assuming 15,000 miles of driving annually and a fuel cost of $3.72).
That's $4,650 extra in fuel costs over five years!
Check out the most fuel efficient models of 2008 - Remove Excess Weight
Avoid keeping unnecessary items in your vehicle, especially heavy ones. An extra 100 pounds in your vehicle could reduce your MPG by up to 2%. The reduction is based on the percentage of extra weight relative to the vehicle's weight and affects smaller vehicles more than larger ones. - Convert Your Car/Truck to BURN WATER
Utilize the most abundant natural resource on earth, i.e. water...as fuel! No amount of the above gas-saving measures can save as much of your hard earned cash, simply because water is free! Learn the tricks here
Your Oily and Greasy Feedback Here
What do you think about oil/gasoline prices?
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Reply
- poutine poutine Oct 13, 2008 @ 4:22 pm
- I think that the price has been ridiculous for a while,but now it's coming down a bit.
Latest Oil Price Trends
latest oil prices
- Oil price climbs above 77 dollars
- LONDON ? Oil prices rose on Thursday, extending a rally caused by a larger-than-expected drop in US energy stockpiles, traders said. ...
- Saudi Arabia's oil GDP declines 6.4% for year
- A US Energy Information Agency report this month showed oil averaged US$78 a barrel last month. The average oil price last year was more than $90 a barrel. ...
- OPEC oil price eases as cartel keeps output target steady
- Vienna - The oil price of the Organization of the Petroleum Exporting Countries (OPEC) shed 0.56 dollars Tuesday and continued to hover above 71 dollars, ...
- Oil price up as OPEC expects demand to rise
- (Mark Lennihan/Associated Press) Associated Press / December 16, 2009 NEW YORK - Oil prices rose yesterday for the first time in nine days, ...
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