Gas prices changed your mind?

[Musclerodz]

I know of some 6 cyl hot rods that you would think twice about building.

I am watching and waiting as well Scott for a recession. Price of gasoline reaches every nook and cranny of our economic structure. Frankly I think the bastards are pushing right to the edge to see how long we can hold our balance. Then right before we plumit to our doom they will lower the price enough for us to quit complaining and then start the cycle again. When gas jumped from 1.25 to 1.80, I was wishing for 1.50 again. When it jumped to 2.00, i was wishing for 1.75. when it hit 2.50, I was wishing for 2.00. You get the picture? Right now I wish for 2.00-2.25 again.

Mike

[T Bell]

I'm still wishing for .76 again.

[Steve Chryssos]

With high fuel prices, overdrive becomes mandatory. And a higher (lower numerical final drive ratio must be considered. Give up a little E.T. in the name of mpg. Luckily, that results in higher top end speed

Look into reducing curb weight as well. I, for one, will have to convert to fuel injection sooner than later. We'll see more application of LSx engines too. And more turbos than blowers.

What we really need is aftermarket "Direct Injection" technology.
/Steevo

[PaceCarNut]

Dont forget about the greedy gas suppling companys and gas station owners, The day after Katrina hit some gas stations where changing there prices 3 and 4 times a day (quote= "to stay competitive & meet the supply and demand") But as of today Sep. 7 10:49 am EST Crude oil has dropped $6.87 a barrel since the market opened yesterday, And I have not seen any price reductions at the pumps yet here locally. at least there not out there dropping it like they raised it. (every hour on the hour)
So, qreedy owners and price qougers are going to be our next problem. And I wouldnt look for the goverment to jump in anytime soon. After Hillary Clinton hitting 5 news channels within 15 minutes today. The goverment is going to be busy pointing there fingers at to many other things to cover there butt right now.

[jannes_z-28]

That is typical, they raise the price very quickly because of crude oil increases. But they are very slow in lowering the prices.

About 15 years ago we had a similar situation and later when the oilprices did go down our beloved government raised the taxes on gas so the price remained the same. One reason was that we had gotten used to the higher prices so we could keep it that way.

Jan

[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

[Canadian_Hot_Rodder]

Around $4.50/gallon over here and still building the 425HP 350. Can't let the little things in life ruin the fun factor after all...