(06-16-2022 01:08 PM)BearcatMan Wrote:  

(06-16-2022 12:17 PM)otown Wrote:  

(06-16-2022 11:11 AM)BearcatMan Wrote:  

(06-15-2022 04:02 PM)otown Wrote:  Your numbers are off a little. Model S starts at $91k with tax credit. Ford focus not in production anymore. Anything close to 40mpg is either hybrid or full EV as well. Those are not in the mid $20's. A car in the mid $20's has mpg in the mid 20s as well. Maintenence is not bad, in fact very few moving parts so really no real maintence. My battery has no degradation over the past 5 years and has a very solid unlimited mile long term warranty. Car insurance is actually same price as my focus for some strange reason.

So gas savings of $12k per year X 5 years is about $60k......so it's being equal. However, everyone is different, you like to pay cash....... but someone financing won't really feel the monetary difference. So with that being said, much rather drive a Tesla S.

That is kind of wild considering the difference in price...you'd have to think all of the cooked in safe-driving features bring that down a ton.

Not really. I used to have a fun weekend car about 8 years ago, an Audi R8. Insurance for that exotic was not that far off, but the premium was not listed as a primary car and was low mileage.

So...not a daily commuter as was stated in the initial analogy which I thought you were referring to?

No, the tesla is just as cheap for insurance. I was just talking about how I was also surprised at an exotic insurance.

It’s Biden fault, just wait until you can’t get gas at all…

(06-19-2022 07:06 AM)JHS55 Wrote:  It’s Biden fault, just wait until you can’t get gas at all…

(06-15-2022 04:02 PM)otown Wrote:  

(06-15-2022 02:42 PM)BearcatMan Wrote:  

(06-15-2022 02:25 PM)otown Wrote:  

(06-15-2022 01:55 PM)BearcatMan Wrote:  

(06-15-2022 01:42 PM)UofMemphis Wrote:  they lost me at 68k

I love the dummies who buy a Tesla or Rivian and think we're the idiots for buying a gas vehicle for half the price with the same creature comforts and utility and a gas vs. electricity break-even point of like 20 years.

I was spending over $400 a month back in 2014 commuting in a Ford Focus that got 40 mpg. I commute 70 miles to work each way highway driving. Bought a Tesla model S in 2014 and traded it in for a new model S in 2018. I love the car. I am grandfathered into free supercharging and my work has a charger so I essentially do not even have to pay for electricity to charge it.

Everyone is different. If I was driving the ford focus with current gas prices, I would be paying over $1000 a month in gas. So for me, the break even point actually was the day I drove the tesla off the lot, not in 20 years.

A 70 mile commute is ludicrous, but that's just me.

So using your example for a person looking at new cars (rather than with a trade-in and a grandfathered sweetheart deal), a Ford Focus runs in the mid $20k range new, and a new Model S is running $110,000 (minus $7,000 tax credit). In order to make up that difference with free charging, you're looking at needing to use that Model S for 7 years or so before you see a savings, and that is without any maintenance, the much higher insurance charges, etc. to factor in. That's why I made the comment...and if you actually have to pay for charging like any new switch-over, you're looking at a break even of a decade at least vs. a car running at a $50,000 retail with comparable amenities. Considering the life of most batteries in cars being around 7-10 years nowadays if you're lucky, you're going to be chasing your tail...even moreso with 37,000 miles on the odo every year just from your commute. The Model 3 has a much better payoff calendar, but even then, you're looking at 4-5 years to see any savings at all.

Like you said, everyone is different about money. I have paid for my last two vehicles in cash, so I am absolutely not the target demo for their "you save money by switching" marketing piece.

Your numbers are off a little. Model S starts at $91k with tax credit. Ford focus not in production anymore. Anything close to 40mpg is either hybrid or full EV as well. Those are not in the mid $20's. A car in the mid $20's has mpg in the mid 20s as well. Maintenence is not bad, in fact very few moving parts so really no real maintence. My battery has no degradation over the past 5 years and has a very solid unlimited mile long term warranty. Car insurance is actually same price as my focus for some strange reason.

So gas savings of $12k per year X 5 years is about $60k......so it's being equal. However, everyone is different, you like to pay cash....... but someone financing won't really feel the monetary difference. So with that being said, much rather drive a Tesla S.

I have a 2016 Honda Accord 4 cylinder. If I drive 65 on the interstate instead of the speed limit which is 70 I get 40mpg. My average city driving is around 35 mpg.

People are complaining about the high gas prices but nobody is slowing down on the interstate.

I live in the Binghamton, NY area and paid $4.67 for gas today. The local independent stations are ranging 4.65-4.85 while the bigger chains are $4.85-4.99 minus their 10-15 cent card membership discounts.

New York State implemented a gas tax holiday, as did my home county, and gas fell 24 cents the day it took effect and then gas prices rose 31 cents the following day.

A drastic swing despite the Federal administration allowing more American drilling increasing supply and lowering dependence on foreign imports, OPEC began to increase production to pre-pandemic levels and thus more supply, the US opened its reserves multiple times the past six months increasing supply, and crude prices are $10 a barrel lower this weekend than when the gas tax holiday began yet prices are 20-25 cents higher since June 1st.

Prices are fluctuating un-connected to demand, supply, taxes, or crude price... which means it's just corporate greed trying to hide under the guise of Ukrainian uncertainty and post pandemic inflation.

(06-19-2022 02:11 PM)IceJus10 Wrote:  I live in the Binghamton, NY area and paid $4.67 for gas today. The local independent stations are ranging 4.65-4.85 while the bigger chains are $4.85-4.99 minus their 10-15 cent card membership discounts.

New York State implemented a gas tax holiday, as did my home county, and gas fell 24 cents the day it took effect and then gas prices rose 31 cents the following day.

A drastic swing despite the Federal administration allowing more American drilling increasing supply and lowering dependence on foreign imports, OPEC began to increase production to pre-pandemic levels and thus more supply, the US opened its reserves multiple times the past six months increasing supply, and crude prices are $10 a barrel lower this weekend than when the gas tax holiday began yet prices are 20-25 cents higher since June 1st.

Prices are fluctuating un-connected to demand, supply, taxes, or crude price... which means it's just corporate greed trying to hide under the guise of Ukrainian uncertainty and post pandemic inflation.

You clearly are not understanding how things work with regards to gas prices.

(06-19-2022 02:11 PM)IceJus10 Wrote:  I live in the Binghamton, NY area and paid $4.67 for gas today. The local independent stations are ranging 4.65-4.85 while the bigger chains are $4.85-4.99 minus their 10-15 cent card membership discounts.

New York State implemented a gas tax holiday, as did my home county, and gas fell 24 cents the day it took effect and then gas prices rose 31 cents the following day.

A drastic swing despite the Federal administration allowing more American drilling increasing supply and lowering dependence on foreign imports, OPEC began to increase production to pre-pandemic levels and thus more supply, the US opened its reserves multiple times the past six months increasing supply, and crude prices are $10 a barrel lower this weekend than when the gas tax holiday began yet prices are 20-25 cents higher since June 1st.

Prices are fluctuating un-connected to demand, supply, taxes, or crude price... which means it's just corporate greed trying to hide under the guise of Ukrainian uncertainty and post pandemic inflation.

I'm going to go out on a limb and say you have never worked in Oil and Gas. The Feds have not allowed more drilling. That's completely false. The Fed has allowed leases but killed/stalled all the permits and revised the function of the NEPA process. From day 1 of the Biden admin it has been this way. Through the SEC and "private" ESG shenanigans the admin has completely throttled access to capital. FERC has completely revised how they have issued NG permits for 40 years.

I cannot think of a more complete, multi-faceted assault on oil/gas production in this country then what has been happening for the past 16 months.

And still as Biden begs the Saudis/OPEC for more production his own Energy Sec says they intend to "end fossil fuels".

As for "Corporate Greed" and "price gouging". Do you know how often Oil/Gas companies are sued for price gouging? -- all the time. You know how often any of the suit have any merit? -- never.

IRVING, Texas – April 29, 2022 – Exxon Mobil Corporation today announced estimated first-quarter 2022 earnings of $5.5 billion, or $1.28 per share assuming dilution.


https://corporate.exxonmobil.com/News/Ne...22-results

IRVING, Texas – April 30, 2021 – Exxon Mobil Corporation today announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution

https://corporate.exxonmobil.com/News/Ne...arter-2021

(06-20-2022 02:37 PM)58-56 Wrote:  IRVING, Texas – April 29, 2022 – Exxon Mobil Corporation today announced estimated first-quarter 2022 earnings of $5.5 billion, or $1.28 per share assuming dilution.


https://corporate.exxonmobil.com/News/Ne...22-results

IRVING, Texas – April 30, 2021 – Exxon Mobil Corporation today announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution

https://corporate.exxonmobil.com/News/Ne...arter-2021

Since you're using earnings as your barometer, Apple has earned over 3 times what Exxon has earned at 121 billion versus 37 billion for Exxon and Microsoft more then double. So what's your point? Earnings are not profit and tell us very little in comparison to profit.

https://companiesmarketcap.com/most-prof...companies/

(06-20-2022 08:11 PM)sfink16 Wrote:  

(06-20-2022 02:37 PM)58-56 Wrote:  IRVING, Texas – April 29, 2022 – Exxon Mobil Corporation today announced estimated first-quarter 2022 earnings of $5.5 billion, or $1.28 per share assuming dilution.


https://corporate.exxonmobil.com/News/Ne...22-results

IRVING, Texas – April 30, 2021 – Exxon Mobil Corporation today announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution

https://corporate.exxonmobil.com/News/Ne...arter-2021

Since you're using earnings as your barometer, Apple has earned over 3 times what Exxon has earned at 121 billion versus 37 billion for Exxon and Microsoft more then double. So what's your point? Earnings are not profit and tell us very little in comparison to profit.

https://companiesmarketcap.com/most-prof...companies/

A sign company I used to deal with was constantly being put on hold because they were late pays. They shuffled between the three of us for printing. They wouldn't pay one of us while they paid the other two.

They'd make 60ml in revenue with 61ml debt. Total dirtbags. The perfect example of robbing Peter to pay Paul.

(06-20-2022 08:11 PM)sfink16 Wrote:  

(06-20-2022 02:37 PM)58-56 Wrote:  IRVING, Texas – April 29, 2022 – Exxon Mobil Corporation today announced estimated first-quarter 2022 earnings of $5.5 billion, or $1.28 per share assuming dilution.


https://corporate.exxonmobil.com/News/Ne...22-results

IRVING, Texas – April 30, 2021 – Exxon Mobil Corporation today announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution

https://corporate.exxonmobil.com/News/Ne...arter-2021

Since you're using earnings as your barometer, Apple has earned over 3 times what Exxon has earned at 121 billion versus 37 billion for Exxon and Microsoft more then double. So what's your point? Earnings are not profit and tell us very little in comparison to profit.

https://companiesmarketcap.com/most-prof...companies/

Or you could click the link, and see that Exxon does not use the word "profit" in any context, instead calling net income (not gross income) "earnings." If you feel their usage improper, the linked pages include contact information if you wish to take it up with them.

I checked prices again here yesterday. Still running between $4.55-$4.69 a gallon. What's odd is, prices across the river in Columbus GA are usually 20 to 30 cents higher. But now, they are running in the $4.20 range.

Georgia's gov temporarily dropped all state gas taxes.

(06-20-2022 11:32 PM)TripleA Wrote:  I checked prices again here yesterday. Still running between $4.55-$4.69 a gallon. What's odd is, prices across the river in Columbus GA are usually 20 to 30 cents higher. But now, they are running in the $4.20 range.

Georgia's gov temporarily dropped all state gas taxes.

$4.15 walmart in Horn Lake today. $4.39 walmart in Hernando.

Oil production in the US has continued to increase after dropping during COVID. We are now back up to near historical highs. The following chart shows the historical production trends through February of this year, we are currently producing about 12 million barrels a day. Estimates are that we will be producing nearly 13 million barrels a day by early next year. <a href='https://www.macrotrends.net/2562/us-crude-oil-production-historical-chart'>U.S. Crude Oil Production - Historical Chart</a>

Filled up at Premium in LA County, $6.79/gal. I can afford it but I just wonder for others, this is just insane at this rate what's going on.

$4.99 here in Western Pennsylvania ($5.39 is the highest I've seen at a rural mom and pop).

I drive a 2020 Hyundai Accent that averages around 42 mpg on the highway...I coast down every hill I can find.

Nobody is talking about refining capacity. We have not been able to build a new refinery in a very long time. That can bottle neck gasoline as well.

(06-20-2022 02:37 PM)58-56 Wrote:  IRVING, Texas – April 29, 2022 – Exxon Mobil Corporation today announced estimated first-quarter 2022 earnings of $5.5 billion, or $1.28 per share assuming dilution.


https://corporate.exxonmobil.com/News/Ne...22-results

IRVING, Texas – April 30, 2021 – Exxon Mobil Corporation today announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution

https://corporate.exxonmobil.com/News/Ne...arter-2021

(06-21-2022 02:22 AM)Realignment Wrote:  Filled up at Premium in LA County, $6.79/gal. I can afford it but I just wonder for others, this is just insane at this rate what's going on.

I've seen that for regular unleaded in OC in recent weeks.

(06-21-2022 12:58 PM)MickMack Wrote:  

(06-21-2022 02:22 AM)Realignment Wrote:  Filled up at Premium in LA County, $6.79/gal. I can afford it but I just wonder for others, this is just insane at this rate what's going on.

I've seen that for regular unleaded in OC in recent weeks.

$4.19 in North Georgia Costco.