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Old 11-09-2009, 01:42 PM   #26 (permalink)
Master EcoModder
Join Date: May 2009
Location: New Jersey
Posts: 389

2003 Ninja EX250 - '03 Kawasaki Ninja EX250
90 day: 78.57 mpg (US)

Saturn - '99 Saturn SL1 Base
90 day: 47.27 mpg (US)
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I was just thinking about the trends of the past 6 years...

The crude oil price directly reflects gasoline prices at the pump, obviously. Over the past 6 years, there were a few times when the average US price of gasoline at the pump was as high as 6% the cost of a barrel of crude oil. This was when the price of crude was very low, around 32-36$/barrel, but has happened a few other times as well. The lowest margin seems to be about 3%, when prices were high.

I think the high margin at low prices has something to do with the national average $0.45/gal in taxes included in the price (from what i understand, these are taxes that don't fluctuate... IE: its not a %?). So if the price is low, the tax cost becomes more of a % of the total price, and opposite for higher prices.
Doing my part to reduce dependence on OIL
Doing my part to reduce congestion
And enjoying it!

If you have to use your brakes, you are driving too fast!

My 101.5 MPG 2003 Kawasaki Ninja 250

Crude Oil Price Today
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