Gas Price Update

[Johnnymac]

imagine what $10 gas would provoke in the US...

50 percent of the country probably wouldn't care...they are sycophants. If Trump says $10/gallon gas is good...it's good!!

That's the trouble, the World has to suffer for this BULLSHIT.

"Let's cause to close the formerly completely open Strait of Hormuz, cause chaos and inflate fuel prices and potentially cause a global recession. All self inflicted."

Brilliant 5D chess....

The last tankers that got through the strait before shenanigans have now unloaded.  Within a couple of months the US will start running out of diesel, things will stop moving, tractors run on diesel, stock up on beans and rice now...

Maybe this war isn't just about money and resources but to impact the prices to trigger people to buy EVs instead of ICE vehicles.  Seems a bit extreme but if you have met some EV owners it isn't too far out of character.

[blur911]

imagine what $10 gas would provoke in the US...

50 percent of the country probably wouldn't care...they are sycophants. If Trump says $10/gallon gas is good...it's good!!

That's the trouble, the World has to suffer for this BULLSHIT.

"Let's cause to close the formerly completely open Strait of Hormuz, cause chaos and inflate fuel prices and potentially cause a global recession. All self inflicted."

Brilliant 5D chess....

The last tankers that got through the strait before shenanigans have now unloaded.  Within a couple of months the US will start running out of diesel, things will stop moving, tractors run on diesel, stock up on beans and rice now...

Maybe this war isn't just about money and resources but to impact the prices to trigger people to buy EVs instead of ICE vehicles.  Seems a bit extreme but if you have met some EV owners it isn't too far out of character.

We're talking about Shitler, he's all for oil company profits and pumping and dumping.  Him and his family are making a fortune

[Seafoam]

imagine what $10 gas would provoke in the US...

50 percent of the country probably wouldn't care...they are sycophants. If Trump says $10/gallon gas is good...it's good!!

That's the trouble, the World has to suffer for this BULLSHIT.

"Let's cause to close the formerly completely open Strait of Hormuz, cause chaos and inflate fuel prices and potentially cause a global recession. All self inflicted."

Brilliant 5D chess....

The last tankers that got through the strait before shenanigans have now unloaded.  Within a couple of months the US will start running out of diesel, things will stop moving, tractors run on diesel, stock up on beans and rice now...

Maybe this war isn't just about money and resources but to impact the prices to trigger people to buy EVs instead of ICE vehicles.  Seems a bit extreme but if you have met some EV owners it isn't too far out of character.

We're talking about Shitler, he's all for oil company profits and pumping and dumping.  Him and his family are making a fortune

Agreed fully on that one. I'm sure many have had enough of giving money to the oil companies.There will be few that switch if they can afford it.

[GreatBigAbyss]

Do you think the decisions of the Big 3 domestic automakers to A) stop making cars, and B) reduce investment in EV/Hybrids, will come back to bite them in the ass?  Again?  like it did in 2008/2009?

It's like Ford and GM and Chrysler don't learn their lesson. 

[Johnnymac]

Do you think the decisions of the Big 3 domestic automakers to A) stop making cars, and B) reduce investment in EV/Hybrids, will come back to bite them in the ass?  Again?  like it did in 2008/2009?

It's like Ford and GM and Chrysler don't learn their lesson. 

Literally the only reason they could end up regretting it is if this "war" extends and the price of fuel stay high for an extended period of time.

The reality is that EVs just aren't something a lot of buyers want, at least not yet.  Maybe once they are the same price, offer decent range in all conditions, and the infrastructure is there to support the millions of people who rent their home and don't have access to a charger there.

[GreatBigAbyss]

It could happen.  And even if the Strait of Hormuz were to open fully tomorrow, the oil economy has been shaken for many years.  I expect price of gas to stay high for a few more years at least. 

I still think it's short-sighted thinking from the Big 3.

[Johnnymac]

You might feel differently if you invested billions into vehicles that haven't recouped the cost to develop them.

[GreatBigAbyss]

^^^^But they already invested the money into the platforms.  And then cancelled them.  That money's gone now. 

[Firm]

^^^^But they already invested the money into the platforms.  And then cancelled them.  That money's gone now. 

It's true, but that tends to be how the Big 3 treat innovation...Make the big investment up front, run it just long enough until it starts to get close to being decent, then retreat and drop it. Dust the tech off 10 years later to compete. t's been that way for 40+ years.

[kd]

Glad I bought some oil stocks when the price was in the shitter several months ago.  Ironically, I took some gains from them to buy a more fuel efficient car. 

[GreatBigAbyss]

^^^^But they already invested the money into the platforms.  And then cancelled them.  That money's gone now. 

It's true, but that tends to be how the Big 3 treat innovation...Make the big investment up front, run it just long enough until it starts to get close to being decent, then retreat and drop it. Dust the tech off 10 years later to compete. t's been that way for 40+ years.

It's like they looked at the way Toyota has become so successful and then they decided to do it the complete opposite way. 

Toyota has been continuously improving their hybrid drives over the past 30 years, to the point where it's now fully mature, has been accepted by the buying masses, and is in practically every vehicle that they sell. 

[Firm]

Honestly, having experienced it myself now to some degree, there's an element of the American shareholder's strong desire for immediate short-term results that in too many cases outweighs long-term strategic planning. Japanese companies are the other way, long term sustainable growth is better understood and further prioritized. NGK is a great example, they took decades, but now they absolutely dominate the Spark Plug market, both OE & aftermarket.

[Johnnymac]

^^^^But they already invested the money into the platforms.  And then cancelled them.  That money's gone now. 

It's true, but that tends to be how the Big 3 treat innovation...Make the big investment up front, run it just long enough until it starts to get close to being decent, then retreat and drop it. Dust the tech off 10 years later to compete. t's been that way for 40+ years.

It's like they looked at the way Toyota has become so successful and then they decided to do it the complete opposite way. 

Toyota has been continuously improving their hybrid drives over the past 30 years, to the point where it's now fully mature, has been accepted by the buying masses, and is in practically every vehicle that they sell. 

100% how Toyota has been handling the transition from larger displacement engines to hybrid and some EV/PHEV's mixed in has been a real masterclass in predicting how the buying public will desire their vehicles.  While their current lineup might not have worked back 20 years ago (speaking about the turbo 4 in the bigger stuff, and the hybrid only Camry/RAV4) it is perfect for today's buying public and it clearly shows.