Thread: Gas $9 a gallon

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Don, you asked what we may be talking about in the next ten years. I will go out on a limb and say rickshaws. It could be Club Hot Rod Rickshaws Brent could add one more R. If by then we could all move to Florida. Nice weather we could race year around.

Richard[/QUOTE]


Richard, we here in Florida have taken to the streets to protest all of this and do all we can to help!!!!


Don

Originally Posted by TooMany2count

North Dakota: The new Saudi Arabia?

That is interesting, I wish some one on this site had seen Nightline last night on NBC. In the mid to late 1800's Oil City, sprung up like a gold town in the old west. There were so many oil rig's set up you couldn’t go 20 feet in any direction by the looks of the pictures. I did a search on Oil City, Pa. but they didn't have the picture I wanted to see. When the price fell to 10 cents a barrel it was no longer worth it. A guy in that area is getting two barrels a day at $140 a barrel from a set up his grandfather used 100 years ago. The oil still has to be there and they will probably start when the price is so high or levels off to the point that the oil companies would see the benefit of setting up.

Richard

Don, I just hit the button and your post came up I thought scrolling up from the bottom WTH! I thought my computer had been taken over. I was relieved and I think my wife is thinking I'm crazy for laughing. I have a big grin on my face. That is funny.

The democrates want to increase taxes on oil companies, what do you think they will do when taxed? Pay it or pass on the burdon of higher taxes to the pump! If they get taxed the cost of fuel will go even higher.

Originally Posted by ford2custom

I really wonder what discussions all of us will be having 10 years from now relative to our love of the automobile? I bet they are very different from the ones we are having today.

We'll be doing the same thing we are now, driving our hot rods but paying a higher price for fuel. Remember, Europe is paying close to $10 a gallon && the hot rodders over there are still driving thier cars/trucks. They might not be doing it as much as they did 5yrs ago, but they are still cruz'n around in "Old US Iron".....joe

Originally Posted by chevydrivin

The democrates want to increase taxes on oil companies, what do you think they will do when taxed? Pay it or pass on the burdon of higher taxes to the pump! If they get taxed the cost of fuel will go even higher.

You don't have to speculate, this was done before in 1980. It led to a reduction in production and allocation of fuel to the marketplace. Since this is a tax on profits it's more difficult to "pass it on", so they reduce their tax burden in other ways. Once the tax was recinded the production rate went up and the prices went down. Duh! There's an old adage in politics; subsidize what you want to encourage, tax what you want to discourage. Of course politicians will deny the negative outcomes as being the result of their actions, just as they deny their obstruction of expanded exploration and production of our own resources as contributing to today's market problems. However, they are effective scapegoat artists and pass the blame onto "big oil". Sadly they have enough party loyalists they are able to get away with it.

Those who don't remember history are doomed to repeat it........ Don't remember who said that, but it seems like we're caught up in it again......

It's not this party or that party causing problems, it's the whole dang system!!!!!! The oil producing companies are the one's making the big bucks on fuel..... The oil companies are taking care of their stockholders.... As others have also said, if most companies had to operate on the same margin as the oil companies they'd be broke in 6 months...... For a shop to make money, the markup has to run at least 22%, last I heard the oil companies run around 7%....

It's just the old blame game....Peolple just point fingers and don't really want to do a dang thing about the problem.... If this country would voluntarily cut their consumption and encourage (subsidies, less restrictive laws) US oil production the old law of supply and demand would take effect.... It's what controls pricing in other companies, the oil companies could only respond the same way.....




PS---Yes, Uncle Bob, I know that running ethanol in the drag cars doesn't do anything but give me warm fuzzies (and 3 wins, 2 runner-ups this year) but I like warm fuzzies....Heck, I even walk to work---just don't tell anybody it's 20 paces out the back door!!!!!

Dave, Not trying to change the subject but do you have any pictures of your car at the racetrack? Maybe start another thread about racecars if there isn't one here already, and if so try to add some if you can.

Richard

Originally Posted by ford2custom

Dave, Not trying to change the subject but do you have any pictures of your car at the racetrack? Maybe start another thread about racecars if there isn't one here already, and if so try to add some if you can.

Richard

Kewl!! Yeah, if anyone is interested in them, I'd be glad to do up some pics!!! I actually built the Comet in about '97 so it's got a bunch of time on it, the 'Bird has only been running for 3 years now... But yeah, I'll get some more recent shots (everything I have is old film photos) and be glad to post them.....

I have a bunch of pictures of what will be the "next one" in my gallery, it's a '67 Ranchero.... Trying to move up a class or two with it....Build delayed for time and money!!!!

If I have to build a 1200 lb hotrod powered by a hopped up motorcycle engine just to be able to afford to drive it, so be it. They aint stoppin me that easy! Say, that's not a bad idea!

There used to be a company out of Reno Nv. that made a 3/4 size T bucket kit that used a variety of inline 4 cylinder motorcycle engines for power. They didn't sell many.....................but timing is everything. Wonder if they still have the tooling?

The fuel prices are always higher in the U.K. because they have a fantastic public transit system. You can grab a bus or subway ride to almost anywhere in the main population areas. Alot fewer people buy fuel because most of them do not drive to work, or to go out on the town. So they charge more for fuel to those who do drive to even out the profits world wide. But for those who struggle to get by and have a hot rod, Im sorry for your fuel prices!

Originally Posted by Bob Parmenter

There used to be a company out of Reno Nv. that made a 3/4 size T bucket kit that used a variety of inline 4 cylinder motorcycle engines for power. They didn't sell many.....................but timing is everything. Wonder if they still have the tooling?

It's the perfect time for a company like that to make some bux, Bob. If I could build something like that or like the pictures I posted and get 50mpg, I'd use it for an everyday commuter in a minute. The top one is a glass body and tube frame powered by a 1100cc Kawasaki engine. You can still buy plans for it for $100.

Don wrote:

John, I've seen some posts where attendance at some shows is already dropping. I bet there are a lot fewer vendors at Daytona next November, and maybe less cars too.

Don, attendance was down 17% from last year at the NSRA York Nats East. Some may have been due to the hot as hell weather (heat index 103 for 5 days), but I think alot was due to the gas prices/economy. As to the vendors, quite a few from the western states and the southeast were no shows, incuding California Car Cover which has been there almost from inception.

I might have to resurrect my motorcyles from their long term storage and start going to motorcycle events again. The hotrods are becoming kind of expensive to take even on short trips.

Bob wrote:

There used to be a company out of Reno Nv. that made a 3/4 size T bucket kit that used a variety of inline 4 cylinder motorcycle engines for power.

At my age and size, I'm going to need something bigger than 3/4 size. Even the full size are a ltitle tight. To save weight I wonder if they can build them out of papiermache?