Gas prices and the RX8
05-01-2008, 03:07 PM
#26
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I'd get a CNG conversion kit for my 8 before I'd sell it because of gas prices.
Gas is high based on rampant speculation driving up the price of futures. Stocks are down, so is the value of the dollar, the only things going up right now in the markets are gold and oil, so people are investing heavily. It will go back down again if the economic situation improves.
We have more oil in our strategic reserves then ever, net oil consumption in America is in fact DOWN for the first time in years, and even though we are not building new refineries, we have been improving and expanding existing ones.
No, this is not an issue of the supply chain.
Gas is high based on rampant speculation driving up the price of futures. Stocks are down, so is the value of the dollar, the only things going up right now in the markets are gold and oil, so people are investing heavily. It will go back down again if the economic situation improves.
We have more oil in our strategic reserves then ever, net oil consumption in America is in fact DOWN for the first time in years, and even though we are not building new refineries, we have been improving and expanding existing ones.
No, this is not an issue of the supply chain.
05-01-2008, 03:11 PM
#29
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I’ve been reading some analyst projections of $200/barrel of oil in the next few years equating to $6-$8/gallon of gas. Is there a point at which you would consider selling your 8 due to fuel costs?
I drive about 16,500 miles per year and get around 18mpg. So at 3.50/gal its not terrible at around $3,206/yr we get to $6, $5,496/yr is another $190/month in gas. I'm thinking it might be time to start looking at something fun but a bit more frugal.
Hopefully the analysts are wrong and it will level off or pull back a bit, I was thinking of a V-8 next time.... Camaro, S5, etc.
I drive about 16,500 miles per year and get around 18mpg. So at 3.50/gal its not terrible at around $3,206/yr we get to $6, $5,496/yr is another $190/month in gas. I'm thinking it might be time to start looking at something fun but a bit more frugal.
Hopefully the analysts are wrong and it will level off or pull back a bit, I was thinking of a V-8 next time.... Camaro, S5, etc.
Just get a beater commuter car and use the Mazda as a weekend cruiser/track ****. Besides, for someone mentioning dreams of buying a used GT-R, I think you making too big of a deal about gas prices
05-01-2008, 03:27 PM
#30
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i don't think we are. regardless we haven't built a refinery in 35 years!!! i'm talkin about the tree huggers that won't allow us to drill in Ahrmwar, or however you spell it, in Alaska. where there's enough oil to last us 300 years, but they won't let us because of an endangered animal, but the thing is, it's natural for species to go extinct.
We're still pumping oil out of Alaska and the Gulf. If new fields are to be opened in Alaska, they need to be opened in a non-destructive way. We went through this in almost 40 years ago with the current Alaskan fields and pipeline. The pipeline as built - after intervention by environmentalists and Congress - was a lot more expensive than the oil companies first wanted, but it's paid off in being reasonably protective. And I don't see any oil companies standing in bread lines because of the extra cost.
They still had a major ecological incident with the Exxon Valdez.
Oil companies would like to seize on the current crunch to chuck the environmental rules, just for the sake of even more profit.
Ken
05-01-2008, 03:51 PM
#32
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Takes gas to make power and takes mo' gas to make mo power
Are there any SPORTS CARS that get significantly better gas mileage??
(when being driven like sports cars)
Are there any SPORTS CARS that get significantly better gas mileage??
(when being driven like sports cars)
05-01-2008, 03:57 PM
#34
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my question is, how high will the gas prices go before the government says enough? we will reach 4.00/gallon before summer, and i'm only 18, and will be enrolling in college so i will be spending too much on gas. and i already spend too much as it is!! but to answer your question, no i am still gonna keep my 8 because i love it too much.
05-01-2008, 04:05 PM
#35
There's no shame in ditching the 8 because of gas prices. When I bought mine I factored in a fudge factor for gas but still, I had no idea it would go up this high in a few years. Luckily I'm in a better position now financially so I'm keeping it and will get the next latest and greatest.
05-01-2008, 04:15 PM
#36
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Yeah dream of a GTR is right, dream only, it would be too costly to buy and own plus gas was just $3.15 last year, hey there is always lotto. I was just putting the question out there to see what other owners were thinking. $3-$4/gallon isn’t a big deal, it’s when we start hitting $6 that I begin to rethink things. Keep in mind food and other prices go up as well with the increase in the cost of oil. So its more than just extra fuel per month, everything gets squeezed. I’m hoping it’s just a bubble and we come down to some realistic prices.
At best I’d keep the 8 for 5 years anyway, I like new stuff too much to hold on to it longer.
If I go two cars the 8 won’t be one of them. One will be a commuter/family friendly sedan and the other will be a 2 seat convertible/coupe. Bike is out of the question as I need to be a “responsible parent” and not kill myself.
At best I’d keep the 8 for 5 years anyway, I like new stuff too much to hold on to it longer.
If I go two cars the 8 won’t be one of them. One will be a commuter/family friendly sedan and the other will be a 2 seat convertible/coupe. Bike is out of the question as I need to be a “responsible parent” and not kill myself.
05-01-2008, 04:31 PM
#38
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I'd get a CNG conversion kit for my 8 before I'd sell it because of gas prices.
Gas is high based on rampant speculation driving up the price of futures. Stocks are down, so is the value of the dollar, the only things going up right now in the markets are gold and oil, so people are investing heavily. It will go back down again if the economic situation improves.
We have more oil in our strategic reserves then ever, net oil consumption in America is in fact DOWN for the first time in years, and even though we are not building new refineries, we have been improving and expanding existing ones.
No, this is not an issue of the supply chain.
Gas is high based on rampant speculation driving up the price of futures. Stocks are down, so is the value of the dollar, the only things going up right now in the markets are gold and oil, so people are investing heavily. It will go back down again if the economic situation improves.
We have more oil in our strategic reserves then ever, net oil consumption in America is in fact DOWN for the first time in years, and even though we are not building new refineries, we have been improving and expanding existing ones.
No, this is not an issue of the supply chain.
I find myself agreeing with you alot. You, sir, are obviously a bright fellow*.
*or lady - depends on your parts.
05-01-2008, 04:53 PM
#39
Good call, that would be my move if I was to switch out.
The shitty milage + my '04 falling apart at the seams pretty much forced me to trade mine in this week. I love this car, but just about everything except my compression has gone to **** on it 
Got a Mini Cooper S though, which is like driving a go-kart that burns rocket fuel. The 32mpg is just a bonus
Got a Mini Cooper S though, which is like driving a go-kart that burns rocket fuel. The 32mpg is just a bonus
05-01-2008, 04:55 PM
#40
Very true, I saw a break down once of what the spectators are adding to the cost of gas and it was absurd something like 30% if I recall correctly.
I'd get a CNG conversion kit for my 8 before I'd sell it because of gas prices.
Gas is high based on rampant speculation driving up the price of futures. Stocks are down, so is the value of the dollar, the only things going up right now in the markets are gold and oil, so people are investing heavily. It will go back down again if the economic situation improves.
We have more oil in our strategic reserves then ever, net oil consumption in America is in fact DOWN for the first time in years, and even though we are not building new refineries, we have been improving and expanding existing ones.
No, this is not an issue of the supply chain.
Gas is high based on rampant speculation driving up the price of futures. Stocks are down, so is the value of the dollar, the only things going up right now in the markets are gold and oil, so people are investing heavily. It will go back down again if the economic situation improves.
We have more oil in our strategic reserves then ever, net oil consumption in America is in fact DOWN for the first time in years, and even though we are not building new refineries, we have been improving and expanding existing ones.
No, this is not an issue of the supply chain.
05-01-2008, 04:55 PM
#41
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i don't think we are. regardless we haven't built a refinery in 35 years!!! i'm talkin about the tree huggers that won't allow us to drill in Ahrmwar, or however you spell it, in Alaska. where there's enough oil to last us 300 years, but they won't let us because of an endangered animal, but the thing is, it's natural for species to go extinct.
Nothing would go extinct by drilliing in anwar. We would only be drilling in a very small part that was originally set aside for drilling. And as for the argument that it will take ten years to see any benifit we would already be receiving the benefits if Clinton had not vetoed it when he was in office.
05-01-2008, 05:18 PM
#43
He's as bad as Can
I drive over 500 miles a week and I had to make a change. My 8 is no longer my DD, I picked up a 2000 Saturn SL single cam 5-speed and just use it to go to work 3-4 times a week. My last tank I got 39 MPG. I used to fill up 2x a week, just cant do that these days.
05-01-2008, 05:57 PM
#44
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Gas is hitting me a bit ... every time I fill up it's a few bucks more. But it's nothing major. I'm only a year into the 8 so the addiction is strong ... I'd pay almost anything!! I might be wasting a bit of money getting sunoco ultra 94 but my 8 sure isn't complaining.
05-01-2008, 06:38 PM
#48
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Pretty good chance the replacement for the current RX8 will have a dual fuel natural gas option.
a V-8 to consume less gas...
05-01-2008, 06:57 PM
#50
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MAN!! gas aitn nothing but a liquid!
Walk if your so worried about gas
Id say ridiculous is 10$ a gallon!!
but thats just me.
WE do pay 6 bucks for a gallon of OJ why not a gallon of gas?
Walk if your so worried about gas
Id say ridiculous is 10$ a gallon!!
but thats just me.
WE do pay 6 bucks for a gallon of OJ why not a gallon of gas?