Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Formula for converting crude to gas.

General discussions of the systemic, societal and civilisational effects of depletion.
Post a reply

Formula for converting crude to gas.

Unread postby allenwrench » Sun 08 Jun 2008, 08:10:20

On the news they said our $4 average gas prices reflect $90 a barrel crude. And for gas prices to catch up to $138 crude gas needs to go to $6 a gallon. Is all that true?

Is there a formula to convert crude to gas prices?

How high would crude have to go to put gas at $10 a gallon?
User avatar
allenwrench
Tar Sands
Tar Sands
 
Posts: 862
Joined: Wed 23 Apr 2008, 03:00:00
Top

Re: Formula for converting crude to gas.

Unread postby Cashmere » Sun 08 Jun 2008, 11:02:07

Don't forget that there is a glut of gasoline on the market because the demand is for diesel.
Massive Human Dieoff <b>must</b> occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where <b>you</b> live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
User avatar
Cashmere
Heavy Crude
Heavy Crude
 
Posts: 1882
Joined: Thu 27 Mar 2008, 03:00:00
Top

Re: Formula for converting crude to gas.

Unread postby SoylentGreen » Sun 08 Jun 2008, 11:27:08

$6 US by end of August, more if Isreal nukes Iran before that.
User avatar
SoylentGreen
Peat
Peat
 
Posts: 165
Joined: Sun 25 May 2008, 03:00:00
Top

Re: Formula for converting crude to gas.

Unread postby Munqi » Sun 08 Jun 2008, 11:55:13

Cashmere wrote:Don't forget that there is a glut of gasoline on the market because the demand is for diesel.




Why is it that diesel is cheaper than gasoline then? Atleast thats the case in Finland.
User avatar
Munqi
Lignite
Lignite
 
Posts: 288
Joined: Sun 04 May 2008, 03:00:00
Location: Finland
Top

Re: Formula for converting crude to gas.

Unread postby Gerben » Sun 08 Jun 2008, 14:35:25

Why is it that diesel is cheaper than gasoline then? Atleast thats the case in Finland.

Because you pay less taxes on diesel.
User avatar
Gerben
Tar Sands
Tar Sands
 
Posts: 629
Joined: Wed 07 Mar 2007, 04:00:00
Location: Holland, Belgica Foederata (Republic of the Seven United Netherlands)
Top
Post a reply

Return to Peak Oil Discussion

Who is online

Users browsing this forum: No registered users and 29 guests