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Old 03-27-2024, 08:27 AM
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Originally Posted by taz666 View Post
How many times did he replace rod/crank bearings?
Those parts of your motor will last longer on pure ethanol than on pure gasoline, as ethanol has less energy (about 30%) and burns cooler. Not only that it is harder to ignite than gasoline and in the case of fire, easier to extinguish


That is one of the big reasons there is an alcohol class in racing

The reason for the recent spike is conflict in the middle east. But, if you want to see the actual reason for the overall gas prices take a look at the earning reports for every major petroleum company for the last 3 years. Record profits each and everyone. Despite what some believe, no one in the electric car industry or government forced that money on them, they wanted it and the consumers paid it to them.

The price of crude has a lot to do with it and the big producers in the middle east set that. Yes, we can drill for more like we did in 2016 and 2017, but the fact is US drilling rig count took a serious drop in 2017 due to low crude prices and the OPEC nations dropped prices to compete, which made US drilling for high cost recovery crude way less profitable. That drop in rig count then begin to drive the price of crude higher again.Then when Covid started US dropped from 19,400,000 barrels a day in to 16,400,00 barrels a day. A 16% drop.consumption which further dropped the price of crude to a short time low of just $15 a barrel and gasoline prices plunged as a result. It is currently back up to over 19,300,000 barrels a day. The actual drop in crude prices on a monthly average was NOT from 2016 ($40) to 2018 ($70) then late 2020 and covid ($41 per bbl) It actually occurred from 2012 ($110 per bbl) to 2016($40 per bbl). Also crude production isn't a lets produce more now deal, from lets drill for more oil now till the actual result of that increased drilling hitting the refineries takes well over a year and more if for difficult to extraction oil like the Balken.

The OPEC nations produce 34 million barrels of crude a day, the most the US ever produced was 20 million per day. WShich gives OPEC way more control over the price of oil than the US producers even at top production and our government has very little control over any of it. If OPEC wants $75 a barrel, they get it and our producers are not going to think lets be generous and sell for less. LMAO. If you could mine gold for $1000 an ounce what would you sell it for when the world market value is $2191? Why do you think oil is different

Last edited by steelslaver; 03-27-2024 at 09:19 AM.
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