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Registered
Join Date: May 2004
Location: Central Coast California
Posts: 1,299
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Quote:
Originally Posted by speeder
I got used to paying $4.50 a gallon and really didn't mind it that much. This is pretty weird. (Reason I didn't mind is because I don't drive that much, miles-wise). Now it's $1.69 in L.A. and there aren't even any lines at the stations.
The thing that will keep oil cheap in the near future is the global depression/recession, demand is just WAY down. Everything is cheap right now. My question is why is diesel still ~$1.00 more a gallon than regular unleaded?? Used to be cheaper than gas.
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That will be a huge factor in prolonging recession too. Everything important in the production, distribution and harvesting sector is diesel powered.It adds big bucks to the cost of food and the cost of transporting all goods to markets.
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'68 911 2.2 "E" PMO Carbs, Electromotive Crankfire Ignition, Adjustable Spring Plates, turbo tie rods, Bilsteins, headers, MB911 muffler...
"The sea merely lies in wait for the innocent but it stalks the unwary."
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