View Single Post
Old 05-04-2016, 10:52 AM   #1 (permalink)
Batman Junior
MetroMPG's Avatar
Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
Posts: 21,294

Blackfly - '98 Geo Metro
Team Metro
Last 3: 70.09 mpg (US)

MPGiata - '90 Mazda Miata
90 day: 52.8 mpg (US)

Winter beater Metro - '00 Chevrolet Metro
90 day: 73.57 mpg (US)

Fancy Metro - '14 Mitsubishi Mirage top spec
90 day: 58.53 mpg (US)
Thanks: 3,064
Thanked 5,945 Times in 3,080 Posts
oil / gasoline price watch

Because of the very close relationship between U.S. gas prices and forum activity, I tend to follow news about oil & gasoline price swings. Especially when they're near exremes.

So I thought I'd start this thread for posting interesting tidbits and factoids.

Here's a chart I haven't seen before that helps to illustrate why oil prices crashed in the last year or so. US non-strategic oil stockpiles are through the roof due to the spike in production from fracking/tight oil production in recent years.

Through the winter I kept seeing reports about possibly running out of storage room.

Source: Why oil prices have nowhere left to go but down - MarketWatch

Despite that, U.S. gasoline prices hit a six month high on the weekend.

Talk about mixed signals.

Attached Thumbnails
Click image for larger version

Name:	MW-EL934_oilcha_20160504044803_NS.jpg
Views:	473
Size:	50.3 KB
ID:	20026  
Latest mods test: 15 mods = 15% MPG improvement: A-B test, 2007 Honda Civic 1.8L, 5-speed
Ecodriving test:
Manual vs. automatic transmission MPG showdown: Nissan Micra 1.6L

has launched a forum for the efficient new Mitsubishi Mirage - fuel efficiency info for Geo Metro owners - electric car conversion on a beer budget
  Reply With Quote