Originally Posted by chuck65
I owned two "land barges". A 1988 and a 1992 and they were far better on mileage than many other cars I've owned, at least 24 to 25 mpg on the road. In town not horrible maybe 16 mph. I can hear you all now saying you wouldn't be caught dead driving an "old mans car". Would you turn down free ones? Both were my dads cars and he gave me the 1988 after winning $25,000 in the Florida pick four in 1991 and I helped him pick out the 1992. I inherited the 92.
The only problem a had driving the "land barges" was that I had this compelling urge all the time to wear a "sports car hat" hike my pants up around my nipples , wear white shoes and and a white belt to match.
In my humble opinion I think oil has been oversold in the investment markets and we will see prices tumble by this fall at the latest. I predict $3.00 to $3.25 per gallon. I hope the hedge fund managers driving this thing up drown in their oil. Saudi Arabia is meeting this week to discuss the problem and they have said that oil is overpriced. All you have to have is for Saudi Arabia to increase production and for the dollar to go up in value along with decreased demand and it will be the perfect storm for the oil market to drop.
In the mean time I would like to see this country start a project on the scope of the "Manhattan Project" during World War 2 to develop the atom bomb, to further develop the hydrgen cell and mass produce hydrogen and get it to the fuel stations.
Good thread guys.
Chuck, I have this vision of you with your pants hiked up. LMAO.
Doubt if I can get any work done now.
Good post.
Sadly, $3.25 per gallon looks good to us now! But it brings into perspective the mood of today. The mood in the 70's was of doom and the end of life as we knew it. It wasn't true then, and it is not true today. The market will respond, not just because the Saudi's pump more oil, but because the oil industry will recognize when we, the consumers, have had enough.
I think $5.00 diesel and $280 per ton corn will eventually ripple thru the economy and when enough of us are broke and the refineries aren't running at capacity, the prices will fall.
Meanwhile industry will see the signs and the new technologies will develope. I seriously doubt that hydrogen will be the answer but it is a possibility. More likely electric with hybrids "bridging" the way.
roadster with a stick
BTW My dad's 92 Cadillac sedan got 29 MPG. Not all land barges are guzzlers