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#31
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In article ,
Dave wrote: Dan wrote: Steve Hix wrote: In article , Matt Whiting wrote: Sliker wrote: On Wed, 30 Apr 2008 08:26:24 -0700 (PDT), BobR wrote: All the complainers have to do is just do the math. At todays price of $120 a barrel, divided by 42 gallons = 2.86 a gallon. In my area, regular is selling for 3:50 a gallon. That leaves 64 cents a gallon to refine it, transport it, leave some profit for the oil company and gas station, and includes the taxes. It's the price of crude that's killing us, not the oil companies. Really? Have you noticed the profits of many of the large oil companies of late? The large absolute values of major energy companies' profits results from the much larger values of their costs of doing business. Try looking at the profits as a percentage of total operational costs. They're down around 10% or so, which is pretty typical for healthy companies in other fields. And a lot lower than many other companies. The U.S. pays a lot less for gasoline than may other countries. I think it's over $18.00 (U.S.) per gallon in Aruba. Dan, U.S. Air Force, retired The oil companies don't own oil wells? The oil companies don't set the taxes paid by customers, for one thing. And in some countries, no, they don't own the wells. |
#32
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Dave wrote:
Dan wrote: Steve Hix wrote: In article , Matt Whiting wrote: Sliker wrote: On Wed, 30 Apr 2008 08:26:24 -0700 (PDT), BobR wrote: All the complainers have to do is just do the math. At todays price of $120 a barrel, divided by 42 gallons = 2.86 a gallon. In my area, regular is selling for 3:50 a gallon. That leaves 64 cents a gallon to refine it, transport it, leave some profit for the oil company and gas station, and includes the taxes. It's the price of crude that's killing us, not the oil companies. Really? Have you noticed the profits of many of the large oil companies of late? The large absolute values of major energy companies' profits results from the much larger values of their costs of doing business. Try looking at the profits as a percentage of total operational costs. They're down around 10% or so, which is pretty typical for healthy companies in other fields. And a lot lower than many other companies. The U.S. pays a lot less for gasoline than may other countries. I think it's over $18.00 (U.S.) per gallon in Aruba. Dan, U.S. Air Force, retired The oil companies don't own oil wells? No many, many of them don't. |
#33
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Dave wrote:
Dan wrote: Steve Hix wrote: In article , Matt Whiting wrote: Sliker wrote: On Wed, 30 Apr 2008 08:26:24 -0700 (PDT), BobR wrote: All the complainers have to do is just do the math. At todays price of $120 a barrel, divided by 42 gallons = 2.86 a gallon. In my area, regular is selling for 3:50 a gallon. That leaves 64 cents a gallon to refine it, transport it, leave some profit for the oil company and gas station, and includes the taxes. It's the price of crude that's killing us, not the oil companies. Really? Have you noticed the profits of many of the large oil companies of late? The large absolute values of major energy companies' profits results from the much larger values of their costs of doing business. Try looking at the profits as a percentage of total operational costs. They're down around 10% or so, which is pretty typical for healthy companies in other fields. And a lot lower than many other companies. The U.S. pays a lot less for gasoline than may other countries. I think it's over $18.00 (U.S.) per gallon in Aruba. Dan, U.S. Air Force, retired The oil companies don't own oil wells? I didn't say one way or the other, did I? Dan, U.S. Air Force, retired |
#34
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On May 2, 10:25*pm, Dan wrote:
Steve Hix wrote: In article , *Matt Whiting wrote: Sliker wrote: On Wed, 30 Apr 2008 08:26:24 -0700 (PDT), BobR wrote: All the complainers have to do is just do the math. At todays price of $120 a barrel, divided by 42 gallons = 2.86 a gallon. In my area, regular is selling for 3:50 a gallon. That leaves 64 cents a gallon to refine it, transport it, leave some profit for the oil company and gas station, and includes the taxes. It's the price of crude that's killing us, not the oil companies. Really? *Have you noticed the profits of many of the large oil companies of late? The large absolute values of major energy companies' profits results from the much larger values of their costs of doing business. Try looking at the profits as a percentage of total operational costs. They're down around 10% or so, which is pretty typical for healthy companies in other fields. * *And a lot lower than many other companies. * *The U.S. pays a lot less for gasoline than may other countries. I think it's over $18.00 (U.S.) per gallon in Aruba. Dan, U.S. Air Force, retired- Hide quoted text - - Show quoted text - And in Venezuala gasoline costs $0.15 a gallon... |
#35
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#36
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On Mon, 05 May 2008 16:52:18 -0500, Gig 601Xl Builder
wrote: wrote: And in Venezuala gasoline costs $0.15 a gallon... Which is exactly the opposite of a tax the government refining it themselves and selling it cheap. Probably worse for their economy in the long run than what happens in Europe. Think about what will happen when that idiot they have running the country finally get ousted and the price goes back to market norms. That'll never happen. The only way to get back to cheap oil is if we took over the oil wells. And the fallout from doing that would be major. Although there are a few countries that have a lot of oil that need their asses kicked big time. That jerk down in Venezuala for one, and those camel riding rag headed idiots in the middle east. The USA is probably the most powerful nation in earth's history that doesn't use it's power to the fullest by it's own choice. The British could fall into that catagory in their past also. You think if someone in this planet's past like Hitler, or fill in the blank, that had our miltary, and nuclear arsenal would be putting up with todays oil prices? Not on your life, and they'd probably control just about all the oil on the planet. But we are the nice guys, so we pay through the nose. |
#37
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On Fri, 02 May 2008 23:25:14 -0500, Dan wrote:
The U.S. pays a lot less for gasoline than may other countries. I think it's over $18.00 (U.S.) per gallon in Aruba. Dan, U.S. Air Force, retired It would be painful filling up your moped down there. Fortunately, that's about all you need to get around in that place. |
#38
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The imeadiate issue is AVGAS for those engines requiring 100 octane. This
stuff may not be available much longer at any price since its prodiction depends on a single producer of TEL. The EPA has also issued a proposed rule making requiring removal of lead. The immeadiate future of 100LL is looking grimmer by the day. Lead free 100 octane is possible but not with crude oil as the feedstock. Iso-Octane is the laboratory reference for the octane scale as it exhibits exactly '100 octane'. What if you could produce large quantities of Iso-Octane from biomass? There are some small groups trying to do exactly that by genetically engineering microbes to either directly produce Iso-Octane or a convienient precursor that can be refined into lead free 100 octane AVGAS. This is economically reasonable since the total comsumption of 100 octane AVGAS by those high-performance engines that require it a fraction of one percent of all motor fuels. A small biofuel production facility might be able to meet all of North America's 100 octane AVGAS needs. Those engines not needing 100 octane can run aviation grade 92 octane which is essentially 100LL minus the lead. None of this will bring back $1/gal AVGAS but it would be a 100% domestic source not at the mercy of global oil prices. I hope these guys get a move on since I've read predictions of 100LL's demise within 12 months. Bill D "Sliker" wrote in message ... On Mon, 05 May 2008 16:52:18 -0500, Gig 601Xl Builder wrote: wrote: And in Venezuala gasoline costs $0.15 a gallon... Which is exactly the opposite of a tax the government refining it themselves and selling it cheap. Probably worse for their economy in the long run than what happens in Europe. Think about what will happen when that idiot they have running the country finally get ousted and the price goes back to market norms. That'll never happen. The only way to get back to cheap oil is if we took over the oil wells. And the fallout from doing that would be major. Although there are a few countries that have a lot of oil that need their asses kicked big time. That jerk down in Venezuala for one, and those camel riding rag headed idiots in the middle east. The USA is probably the most powerful nation in earth's history that doesn't use it's power to the fullest by it's own choice. The British could fall into that catagory in their past also. You think if someone in this planet's past like Hitler, or fill in the blank, that had our miltary, and nuclear arsenal would be putting up with todays oil prices? Not on your life, and they'd probably control just about all the oil on the planet. But we are the nice guys, so we pay through the nose. |
#39
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![]() "Sliker" wrote in message ... I've got the same engine in my plane, it's an O-320 D2C, but there are other number series with the same compression ratio in the 160hp class. That engine is listed on Peterson's mogas STC site as one that is approved for premium unleaded autofuel. So you shouldn't run into any problems as far as detonation goes, vapor lock is another issue, and is different in each aircraft type. Just the other day a pilot at my local airport said that if the gas has the common 10% ethanol added, it's vapor lock potential goes up a lot. I'm not sure about those facts, but I think it has more to do with fuel system design. Gravity flow systems seem almost immuned to that problem. With wing tanks below the carb, the best setup is to have fuel pumps at the tank "pushing" the fuel to the carb. Rather than the more common setup of the fuel pump in the engine compartment sucking the fuel from the tank. Peterson's website has a good dissertation about homebuilts worth reading, in regards to fuel system design to help prevent vapor lock. On Mon, 28 Apr 2008 21:13:16 -0700, "Stuart & Kathryn Fields" wrote: Well it has happened. Local 100LL is $5.60/ gal and is not expected to decrease. Is there anyone out there using Supreme MoGas in a Lycoming 0320 with 8.5:1 compression? If so what ignition timing changes were needed if any? thanks Stu Fields Sliker: Thanks for the answer. Most of the rest of the responses ignored my question but assumed that I needed either a course in accounting or fossel fuel economics, or some barroom counseling in an attempt to reduce my grief over the increased fuel prices. I looked into the Peterson site and got a bunch of useful info. I've also found several University studies that have looked into alternative fuels to and including 100% ethanol. More studying is required. Somewhere in my excellent memory that I have limited access to, is an anecdote of some guy who has been using MoGas in his Lycoming equipped Stinson for quite a few years. The ethanol aspect was not discussed and his history certainly started before the ethanol additive. For the very near future I will be mixing Supreme with 100LL until the LL runs out. When I switch to 100% Supreme, I will be hovering my helicopter for a few hours and keeping track of the CHT, EGT, MP etc. Thanks again for useful response. stu |
#40
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Stuart & Kathryn Fields wrote:
I looked into the Peterson site and got a bunch of useful info. Stu, did you look at this page on the Peterson site? |
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