Gas prices changed your mind?

[T Bell]

With gas prices reaching $3.29 where I live, I was wondering if anybody changed their mind about their build. I am in limbo. I guess it makes me loose motivation to build a blown, fuel injected, 700 HP motor if I really can't afford to drive it. And I damn sure ain't putting a 6 cyl in it.

[Rick Dorion]

I drive 2000 miles a year. I get about 14 mpg with the current motor(355) and am having a 410 built. If my mileage went to 10 mpg the extra cost would be less than $100 based on gas going up $1.00.

[jannes_z-28]

Over here we pay over $6 per gallon so for me it was an easy choice to go to LS1 power instead of the bigblocks 7mpg in citytraffic. Going on long tours isn't fun (economically) with that kind of mileage.


Jan

[Derek69SS]

I've been planning to get at least 20mpg out of my LT1/4L60 combo since gas was in the $1.75 range. I drive the car a lot, but my 13mpg worn out 400sbc has been hurting the wallet a little bit too much to really enjoy it like I want to.

Honestly though, I'm doing it more for the reliability and performance more than the gas savings

[evilzee28]

Nah, you've got it easy in Britain, petrol's now gone up to £5.00/imp gallon, exchange rate's approx $2.00 to the £, so we pay just under $10/ gallon

[907rs]

I feel for you guys over seas.

[Clockwork]

I don't have a "monster" engine, but being from Canada I still drive as much as possible in our 5 months of nicer weather. $1.50 for 94 up here.

Hey I'm not a lurker anymore!

[XcYZ]

Clockwork, where in Canada are you?

[BC69]

So I watch the Stock Market like wierdly too much for someone my age. But if I were to recap the last couple weeks.

Weeks before Katrina: Crude was sitting between 67-68 and yet investors were shrugging off the crude FINALLY and making some good gains (without letting crude rule the indices) because of other industry and US ECONOMIC Data! The economic data was 90% good!

During Katrina: Crude hit a high just above 70-71...but immediatly went down. The Dow was volitile but nothing extremely low or high. Just a kind of worthless week for any gain or loss.

Now: Crude was as low as 66 yesterday! 66! That is like a month or two low! The gulf oil production capabilities are at 90% unaffected by the hurricane. The DOW has finished 100+ on tuesday and 45+ today. Jobs were created in the economy! Where is inflation? Literally none! Just barely creeping back up, and only because of fuel costs.


There are other factors, but from my point of view the biggest factor in gas prices....Paranoia! Prime time major network news making people afraid and people just EXPECTING It and ACCEPTING IT! Personally I do not see any financial, or economical reasoning for the gas being so high right now. Remember that Crude is being traded for delivery MONTHS in advance, I think (Dont mark my words), but right now we are trading for like November delivery? I know it is advance trading...so the gas technically should not be affected for months.

I just look at the numbers, and get baffled at the prices.

Thanks
Tim

[Clockwork]

Originally Posted by XcYZ

Clockwork, where in Canada are you?

Scott, I am about 5 min from Niagara Falls.

Dean