[TR] Gas Tax

Alex&Janet Thomson aljlthomson at charter.net
Tue Dec 15 14:26:38 MST 2015


And then there are us in Connecticut where not only do we have a 25 cent per gallon tax on gasoline (54 cents on diesel) but there is also the 8% gross receipts tax that wholesalers have to pay to the state. Naturally, that gets passed on to the consumer. So when gasoline is at 3.00 per gallon, there will be an additional 24 cents built into the price at the distribution level. The joke is on the consumer because that additional money was  originally designated for road repair, underground tank replacement assistance to filling stations and the like. Too bad the transportation fund gets raided every year by the governor's office and the state legislature. 

Alex Thomson

-----Original Message-----
From: Triumphs [mailto:triumphs-bounces at autox.team.net] On Behalf Of Ann Carletta
Sent: Tuesday, December 15, 2015 2:23 PM
To: triumphs at autox.team.net
Subject: [TR] Gas Tax

A good chunk of the cost per gallon comes from taxes that don't change, regardless of fuel cost.  Pennsylvania has the highest rate of 51.60 cents per gallon (cpg), and is followed closely by New York (45.99 cpg), Hawaii (45.10 cpg), and California (42.35 cpg). On the other end of the spectrum, Alaska has the lowest rate at 12.25 cpg, but New Jersey (14.50 cpg) and South Carolina (16.75 cpg) aren’t far behind. These rates do not include the additional 18.40 cent federal excise tax., So Pennsylvanians pay a 70 cents tax on every gallon and NYers 64.39 while good ole NJ, which is in between the two states adds 32.9 cents to every gallon (and we're full-serve, no self-serve here!). Realize your tax on gas can be as high as 25%!  If you have a 20 gallon tank, you're paying $14.00 in tax every time you fill up in PA!  Once a week brings you to $728 in taxes a year.  


--------------------------------------------
On Tue, 12/15/15, triumphs-request at autox.team.net <triumphs-request at autox.team.net> wrote:

 Subject: Triumphs Digest, Vol 8, Issue 314
 To: triumphs at autox.team.net
 Date: Tuesday, December 15, 2015, 2:00 PM
 
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 When replying, please edit your Subject line so it is more  specific  than "Re: Contents of Triumphs digest..."
 
 
 Today's Topics:
 
    1. Replacing Universal joints on a drive  shaft (Sujit Roy)
    2. Re: Replacing Universal joints on a  drive shaft
       (Alex&Janet Thomson)
    3. Re: value for insurance proposes?
 (David Ljung Madison)
    4. Ruminations (Home Consolidated)
    5. Re: Ruminations (Joe Curry)
    6. Re: Ruminations (Bob Labuz)
    7. Re: Ruminations (David Friedlander)
    8. Re: Ruminations (John Macartney)
    9. Re: Ruminations (Dave)
   10. Re: Ruminations (Dave)
   11. Re: Ruminations (Dave)
   12. Re: Ruminations (Randall)
   13. Re: Ruminations (Jeff Scarbrough)
   14. Re: Ruminations (Bob Labuz)
 
 
 ----------------------------------------------------------------------
 
 Message: 1
 Date: Mon, 14 Dec 2015 14:04:35 -0800
 From: Sujit Roy <triumphstag at gmail.com>
 To: Triumphs <triumphs at autox.team.net>
 Subject: [TR] Replacing Universal joints on a drive shaft
 Message-ID:
     <CANLCLaHO1aRpUq2AZ03-K9-X=0nLUZSzfvHFbeg1Fg4wNYVYVg at mail.gmail.com>
 Content-Type: text/plain; charset="utf-8"
 
 I?ve been fortunate enough to source myself a pair of half  shafts from a  Triumph 2000. These apparently fit a Triumph Stag which I  have. The shafts  come with replicable universal joints, unlike the staked  type currently on  my Stag.
 
 I can get two types of joint GUJ102 without zirk / grease  nipple or GUJ107  with zirk / grease nipple. 2 are required per side.  The problem with
 GUJ107 is once fitted to the car there is no way to get to  the zirk closet  to the hub as it is enclosed by the radius arm.  I?m  aware TR6s have a  similar setup.
 
 So should I get 4 no-zirked type and fit once and forget, or  buy the zirked  type and periodically, which means never in my case, re-  grease by removing  the shaft?
 
 Do the zirked type really need pumping with grease once in a  while?
 
 Also, doing a cross reference to other part numbers of the  zirked type ,  prices vary from $11 to $25 Any recommendations on brand I  found the ones  below.
 
 I also found a cross reference to GMB
 
 
 
 GUJ107 cross references these following parts
 
 Factory Number
 
 ACDelco
    45U0168
 
 BECK/ARNLEY    102-0031
 
 BECK/ARNLEY    102-0106
 
 REO        55P1
 
 
 
 CARRARO            107625
 
 JENSEN 94425
 
 
 
 Regards, Sujit
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 ------------------------------
 
 Message: 2
 Date: Mon, 14 Dec 2015 17:20:09 -0500
 From: "Alex&Janet Thomson" <aljlthomson at charter.net>
 To: "'Sujit Roy'" <triumphstag at gmail.com>,  "'Triumphs'"
     <triumphs at autox.team.net>
 Subject: Re: [TR] Replacing Universal joints on a drive  shaft
 Message-ID:
 <00a801d136bd$97c935c0$c75ba140$@charter.net>
 Content-Type: text/plain; charset="utf-8"
 
 For what it is worth, the original, ?sealed?, non-greaseable  u-joint crosses on my ?81 Toyota diesel pickup were as  smooth as new when I junked the truck after 140,000 miles  and 10 years of use.
 
  
 
 Alex Thomson
 
  
 
 From: Triumphs [mailto:triumphs-bounces at autox.team.net]
 On Behalf Of Sujit Roy
 Sent: Monday, December 14, 2015 5:05 PM
 To: Triumphs
 Subject: [TR] Replacing Universal joints on a drive shaft
 
  
 
 I?ve been fortunate enough to source myself a pair of half  shafts from a Triumph 2000. These apparently fit a Triumph  Stag which I have. The shafts come with replicable universal  joints, unlike the staked type currently on my Stag.  
 
 I can get two types of joint GUJ102 without zirk / grease  nipple or GUJ107 with zirk / grease nipple. 2 are required  per side.  The problem with GUJ107 is once fitted to  the car there is no way to get to the zirk closet to the hub  as it is enclosed by the radius arm.  I?m aware TR6s  have a similar setup.
 
 So should I get 4 no-zirked type and fit once and forget, or  buy the zirked type and periodically, which means never in  my case, re- grease by removing the shaft?
 
 Do the zirked type really need pumping with grease once in a  while?
 
 Also, doing a cross reference to other part numbers of the  zirked type , prices vary from $11 to $25 Any  recommendations on brand I found the ones below. 
 
 I also found a cross reference to GMB
 
  
 
 GUJ107 cross references these following parts
 
 Factory Number
 
 ACDelco
    45U0168
 
 BECK/ARNLEY    102-0031
 
 BECK/ARNLEY    102-0106
 
 REO        55P1
 
  
 
 CARRARO            107625
 
 JENSEN 94425
 
  
 
 Regards, Sujit
 
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 ------------------------------
 
 Message: 3
 Date: Mon, 14 Dec 2015 14:22:29 -0800
 From: David Ljung Madison <team.net at daveola.com>
 To: triumphs at autox.team.net
 Subject: Re: [TR] value for insurance proposes?
 Message-ID: <20151214222229.GL3222 at getdave.com>
 Content-Type: text/plain; charset=us-ascii
 
 
 JonMac says:
 > In my case, my first valuation was based on:
 > 1. What I paid for the car - (which was nothing because  it was a wreck) PLUS  > 2. The value of parts I had bought for it supported by  receipts or a referenced Excel spreadsheet that could be  checked  > 3. The known or likely number of hours work I had done  on the car in my ownership up to a maximum of 500 hours.
 This was multiplied by a very nominal hourly unskilled  labour rate, PLUs  > 4. The value of any work done to the car by a  professional - i.e. a repaint.
 
 This estimate is going to be a bit on the high-side, which  may be  desirable, but might be difficult to convince an insurance  company of  ipso-facto.  For example, if you have a $30k car with  fairly good  paint on it, and you get it repainted for $10k, you probably  *do not*  have a $40k car.  And plenty of work done on the car is  to just fight  entropy and replace things that are breaking, that doesn't  really add  to the cars value, just maintains it.
 
 Let's just hope that the number of us who need to face these  issues  is kept to a minimum.  :)
 
 Dave
 
 
 
 ------------------------------
 
 Message: 4
 Date: Mon, 14 Dec 2015 22:59:21 -0600
 From: Home Consolidated <triumphs at consolidated.net>
 To: Listserv Triumph <triumphs at autox.team.net>
 Subject: [TR] Ruminations
 Message-ID: <CC309723-ED32-4A52-B96D-4F2F0C23C163 at consolidated.net>
 Content-Type: text/plain; charset="us-ascii"
 
 I saw $1.60 per gallon gasoline recently which got me to  thinking.  Has gas ever been this low?
 
 An inflation calculator. http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg
 tells me that a buck sixty today is the same as $0.21 in  1962, $0.27 in 1970, $0.57 in 1980, $0.90 in 1990, and $1.18  in 2000. I never remember gas prices that low. I remember
 $0.14 for a week or so during a local gas war in the early  sixties and $0.35 was about right in the early 70's, before  the first Arab embargo, but otherwise it seems like prices  were always a lot higher.  In 2005 I remember paying  north of $4.00 per on the west coast or $4.88 today. I was  watching an old tv show (1977) and the station sign said
 $0.609 or $2.13 today. 
 
 We must be doing something right. 
 
 Ken Gano 
 
 Sent from my iPad
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 ------------------------------
 
 Message: 5
 Date: Mon, 14 Dec 2015 23:18:19 -0700
 From: "Joe Curry" <spitlist at cox.net>
 To: "'Home Consolidated'" <triumphs at consolidated.net>,  "'Listserv
     Triumph'" <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID: <826796D1AEF648A5B76E4AD84075B59E at Bedroom>
 Content-Type: text/plain; charset="us-ascii"
 
 I can remember when I was in High School when the local  stations regularly  staged "Gas Wars" and one time it got as low as 5 cents a  gallon.  That  would be equivalent to %0 cents per gallon today.
 
  
 
 Joe
 
  
 
   _____  
 
 From: Triumphs [mailto:triumphs-bounces at autox.team.net]
 On Behalf Of Home
 Consolidated
 Sent: Monday, December 14, 2015 9:59 PM
 To: Listserv Triumph
 Subject: [TR] Ruminations
 
  
 
 I saw $1.60 per gallon gasoline recently which got me to  thinking.  Has gas  ever been this low?
 
  
 
 An inflation calculator.
 http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg
 tells me
 that a buck sixty today is the same as $0.21 in 1962, $0.27  in 1970, $0.57  in 1980, $0.90 in 1990, and $1.18 in 2000. I never remember  gas prices that  low. I remember $0.14 for a week or so during a local gas  war in the early  sixties and $0.35 was about right in the early 70's, before  the first Arab  embargo, but otherwise it seems like prices were always a  lot higher.  In
 2005 I remember paying north of $4.00 per on the west coast  or $4.88 today.
 I was watching an old tv show (1977) and the station sign  said $0.609 or
 $2.13 today. 
 
  
 
 We must be doing something right. 
 
  
 
 Ken Gano 
 
 Sent from my iPad
 
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 ------------------------------
 
 Message: 6
 Date: Tue, 15 Dec 2015 09:51:12 -0500
 From: Bob Labuz <yellowtr at adelphia.net>
 To: Joe Curry <spitlist at cox.net>,
 'Listserv Triumph'
     <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID: <567028E0.5050800 at adelphia.net>
 Content-Type: text/plain; charset="windows-1252";  Format="flowed"
 
 Joe,
 
 Another way to look at any price today is this way.
 
 Back when our currency was silver based and a quarter was  about 1/5th of  an oz AG, gas was anywhere from 18 to 25c / gallon. Well if  you were  smart and saved all your dimes, quarters, half dollars and  silver  dollars you could go down to your precious metal dealer and  sell them 5  quarters (1.25) for about 13 to 14 dollars today. So a  quarter could get  you about 3$ good for about 1.5 gallons up here in upstate  NY.  So if  you look at it that way, gas is cheaper today than it was in  the 60's.
 
 Just goes to show you how much our $ has fallen in 50  years.
 
 Now, I was just in northern CA and drove on US 395 CA, and  US 95 Nevada  and I saw prices in the 4.50 to almost 5$ range. This was in  October. 
 Well over double what I saw on I 40 when I got into NM and  TX.
 
 Bob
 
 On 12/15/2015 01:18 AM, Joe Curry wrote:
 >
 > I can remember when I was in High School when the local  stations  > regularly staged ?Gas Wars? and one time it got as low  as 5 cents a  > gallon.  That would be equivalent to %0 cents per  gallon today.
 >
 > Joe
 >
 >
 ------------------------------------------------------------------------
 >
 > *From:*Triumphs [mailto:triumphs-bounces at autox.team.net]
 *On Behalf Of
 > *Home Consolidated
 > *Sent:* Monday, December 14, 2015 9:59 PM  > *To:* Listserv Triumph  > *Subject:* [TR] Ruminations  >  > I saw $1.60 per gallon gasoline recently which got me  to thinking. 
 >  Has gas ever been this low?
 >
 > An inflation calculator. 
 > http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg
 tells me
 > that a buck sixty today is the same as $0.21 in 1962,
 $0.27 in 1970,
 > $0.57 in 1980, $0.90 in 1990, and $1.18 in 2000. I  never remember gas  > prices that low. I remember $0.14 for a week or so  during a local gas  > war in the early sixties and $0.35 was about right in  the early 70's,  > before the first Arab embargo, but otherwise it seems  like prices were  > always a lot higher.  In 2005 I remember paying  north of $4.00 per on  > the west coast or $4.88 today. I was watching an old tv  show (1977)  > and the station sign said $0.609 or $2.13 today.
 >
 > We must be doing something right.
 >
 > Ken Gano
 >
 > Sent from my iPad
 >
 >
 >
 > ** triumphs at autox.team.net
 **
 >
 > Donate: http://www.team.net/donate.html  > Archive: http://www.team.net/archive  > Forums: http://www.team.net/forums  > Unsubscribe/Manage: http://autox.team.net/mailman/options/triumphs/yellowtr@adelphia.net
 
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 ------------------------------
 
 Message: 7
 Date: Tue, 15 Dec 2015 10:20:21 -0500
 From: David Friedlander <forzion7 at gmail.com>
 To: Home Consolidated <triumphs at consolidated.net>
 Cc: Listserv Triumph <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID:
     <CAJ1eQwi0gsMix48HY+S52h0phX6mOLkeD+onrnJfb_j3ArX7-g at mail.gmail.com>
 Content-Type: text/plain; charset="utf-8"
 
 Ken;
 
 I 'love' that. In the '73 Arab Oil embargo, we were told of  an 'oil  shortage' which forced the price of gas to double and even  triple in a  matter of weeks. Overnight, the Arab sheikdoms became  billionaires. Here we  are, forty years later and, somehow, we have an oil GLUT!
 Now how can that
 be??
 
 I'd like to asee a history graph showing the price of a  barrel of West  Texas crude vs. the price of a gallon of oil at any given  time? Last time  oil was $38.50/barrel, as it is now, how much was a gallon  of gas? Makes me  think that even if a barrel of oil was FREE, we'd still pay  at least $1.50  gallon, what with all the taxes, fees and whatnot (not to  mention dealing  with the ethanol we didn't ask for).
 
 Dave
 
 On Mon, Dec 14, 2015 at 11:59 PM, Home Consolidated <  triumphs at consolidated.net>
 wrote:
 
 > I saw $1.60 per gallon gasoline recently which got me  to thinking.  Has  > gas ever been this low?
 >
 > An inflation calculator.
 > http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg
 tells
 > me that a buck sixty today is the same as $0.21 in  1962, $0.27 in 1970,  > $0.57 in 1980, $0.90 in 1990, and $1.18 in 2000. I  never remember gas  > prices that low. I remember $0.14 for a week or so  during a local gas war  > in the early sixties and $0.35 was about right in the  early 70's, before  > the first Arab embargo, but otherwise it seems like  prices were always a  > lot higher.  In 2005 I remember paying north of
 $4.00 per on the west coast
 > or $4.88 today. I was watching an old tv show (1977)  and the station sign  > said $0.609 or $2.13 today.
 >
 > We must be doing something right.
 >
 > Ken Gano
 >
 > Sent from my iPad
 >
 >
 > ** triumphs at autox.team.net
 **
 >
 > Donate: http://www.team.net/donate.html  > Archive: http://www.team.net/archive  > Forums: http://www.team.net/forums  > Unsubscribe/Manage:
 > http://autox.team.net/mailman/options/triumphs/forzion7@gmail.com
 >
 >
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 ------------------------------
 
 Message: 8
 Date: Tue, 15 Dec 2015 16:52:54 -0000
 From: "John Macartney" <john.macartney at ukpips.org.uk>
 To: "'Triumph List'" <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID:
 <001001d13759$0b2339d0$2169ad70$@ukpips.org.uk>
 Content-Type: text/plain;    charset="UTF-8"
 
 On the UK lunchtime news today, we were told that inflation  is now half of one percent over the last year - and everyone  is rejoicing at the price of oil at $38 a barrel. Even more  rejoicing that gas is now cheaper than it was per litre in  2005. Still means a gallon here is rocking out at $6.80 :)  Blessings come with strange complexions...
 
 Jonmac
 
 
 
 ---
 This email has been checked for viruses by Avast antivirus  software.
 https://www.avast.com/antivirus
 
 
 
 ------------------------------
 
 Message: 9
 Date: Tue, 15 Dec 2015 12:00:00 -0500
 From: Dave <dave1massey at cs.com>
 To: triumphs at consolidated.net,
 triumphs at autox.team.net
 Subject: Re: [TR] Ruminations
 Message-ID: <151a6959645-5fcc-152f2 at webprd-m47.mail.aol.com>
 Content-Type: text/plain; charset="utf-8"
 
 Sure, but I think the $1.60 is an outlier.  Looking at  the GasBuddy site the average price over the last 10 years  has been more like $2.80.  That would be equivalent to
 $0.36 in 1962, $0.46 in 1970, $0.97 in 1980, $1.54 in 1990  and $2.03 in 2000.  Projections are for crude to stay  low for a while but that may turn out to be a year or  two.  Many producers can't make money at the current  rate for crude.
  
 
 Dave Massey
 
 
  
 
  
 
 -----Original Message-----
 From: Home Consolidated <triumphs at consolidated.net>
 To: Listserv Triumph <triumphs at autox.team.net>
 Sent: Mon, Dec 14, 2015 10:59 pm
 Subject: [TR] Ruminations
 
 
 
 I saw $1.60 per gallon gasoline recently which got me to  thinking.  Has gas ever been this low?
 
 
 An inflation calculator. http://inflation-calculator.com/?gclid=CIyppfb83MkCFQuLaQodnV4AOg
 tells me that a buck sixty today is the same as $0.21 in  1962, $0.27 in 1970, $0.57 in 1980, $0.90 in 1990, and $1.18  in 2000. I never remember gas prices that low. I remember
 $0.14 for a week or so during a local gas war in the early  sixties and $0.35 was about right in the early 70's, before  the first Arab embargo, but otherwise it seems like prices  were always a lot higher.  In 2005 I remember paying  north of $4.00 per on the west coast or $4.88 today. I was  watching an old tv show (1977) and the station sign said
 $0.609 or $2.13 today. 
 
 
 We must be doing something right. 
 
 
 Ken Gano 
 
 
 Sent from my iPad
 
 
 ** triumphs at autox.team.net
 **
 
 Donate: http://www.team.net/donate.html
 Archive: http://www.team.net/archive
 Forums: http://www.team.net/forums
 Unsubscribe/Manage: http://autox.team.net/mailman/options/triumphs/dave1massey@cs.com
 
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 ------------------------------
 
 Message: 10
 Date: Tue, 15 Dec 2015 12:02:35 -0500
 From: Dave <dave1massey at cs.com>
 To: triumphs at autox.team.net
 Subject: Re: [TR] Ruminations
 Message-ID: <151a697f713-5fcc-15328 at webprd-m47.mail.aol.com>
 Content-Type: text/plain; charset="utf-8"
 
 Yeah, and another way to look at it is back when Microsoft  stock was $21 and hadn't split yet...
 
 No, a more accurate way to look at it is how many hours do  you have to work at McDonald's to fill your tank?
 
 
 Dave Massey
 
 
  
 
  
 
 -----Original Message-----
 From: Bob Labuz <yellowtr at adelphia.net>
 To: Joe Curry <spitlist at cox.net>;
 'Listserv Triumph' <triumphs at autox.team.net>
 Sent: Tue, Dec 15, 2015 9:00 am
 Subject: Re: [TR] Ruminations
 
 
     
 Joe,
       
       Another way to look at any price today  is this way.
       
       Back when our currency was silver based  and a quarter was about      1/5th of an oz  AG, gas was anywhere from 18 to 25c / gallon. Well
     if you were smart and saved all your dimes,  quarters, half dollars      and silver  dollars you could go down to your precious metal  dealer      and sell them 5 quarters (1.25)  for about 13 to 14 dollars today.      So a  quarter could get you about 3$ good for about 1.5 gallons  up      here in upstate NY.  So if you  look at it that way, gas is cheaper  today than it was in the 60's.
       
       Just goes to show you how much our $  has fallen in 50 years.
       
       Now, I was just in northern CA and  drove on US 395 CA, and US 95      Nevada and  I saw prices in the 4.50 to almost 5$ range. This was
     in October. Well over double what I saw on I
 40 when I got into NM      and TX.
       
       Bob
       
 
 
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 ------------------------------
 
 Message: 11
 Date: Tue, 15 Dec 2015 12:08:19 -0500
 From: Dave <dave1massey at cs.com>
 To: triumphs at autox.team.net
 Subject: Re: [TR] Ruminations
 Message-ID: <151a69d3161-5fcc-1539f at webprd-m47.mail.aol.com>
 Content-Type: text/plain; charset="utf-8"
 
 Even if crude was free there are still expenses relating to  transportation, refining, distribution, retailing,  etc.  Those are costs that are not proportional to the  price of crude.  Just because the price of crude has  dropped in half (or doubles) don't expect pump prices to  change that dramatically.
 
  
 
 Dave Massey
 
 
  
 
  
 
 -----Original Message-----
 From: David Friedlander <forzion7 at gmail.com>
 To: Home Consolidated <triumphs at consolidated.net>
 Cc: Listserv Triumph <triumphs at autox.team.net>
 Sent: Tue, Dec 15, 2015 9:56 am
 Subject: Re: [TR] Ruminations
 
 
 
 Ken;
 
 
 I 'love' that. In the '73 Arab Oil embargo, we were told of  an 'oil shortage' which forced the price of gas to double  and even triple in a matter of weeks. Overnight, the Arab  sheikdoms became billionaires. Here we are, forty years  later and, somehow, we have an oil GLUT! Now how can that  be??
 
 
 I'd like to asee a history graph showing the price of a  barrel of West Texas crude vs. the price of a gallon of oil  at any given time? Last time oil was $38.50/barrel, as it is  now, how much was a gallon of gas? Makes me think that even  if a barrel of oil was FREE, we'd still pay at least $1.50  gallon, what with all the taxes, fees and whatnot (not to  mention dealing with the ethanol we didn't ask for).
  
 
 Dave
 
 
 
 
 
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 ------------------------------
 
 Message: 12
 Date: Tue, 15 Dec 2015 09:33:22 -0800
 From: "Randall" <TR3driver at ca.rr.com>
 To: "'David Friedlander'" <forzion7 at gmail.com>,  "'Home Consolidated'"
     <triumphs at consolidated.net>
 Cc: 'Listserv Triumph' <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID: <D4.60.10023.2EE40765 at cdptpa-oedge03>
 Content-Type: text/plain;
 charset="us-ascii"
 
 
 > I 'love' that. In the '73 Arab Oil embargo, we were  told of  > an 'oil shortage' which forced the price of gas to  double and  > even triple in a matter of weeks. Overnight, the Arab  > sheikdoms became billionaires. Here we are, forty years  later  > and, somehow, we have an oil GLUT! Now how can that  be??
 
 Until the 73 oil embargo, there were government controls on  the wholesale price of gasoline.  Evidence suggests (to
 me) that the 73
 shortage was engineered by the oil companies, in order to  break the price controls.  Supposedly there were tanker  trucks lined up  for miles outside the tank farms, because the tank farms  were full!  As I recall, some industry exec even got  quoted as saying we  could have all the gasoline we wanted, for $2/gallon.
 
 The glut has many causes, but I'd say chief among them is  that the oil companies have learned a LOT more since then on  how to  squeeze more oil out of the ground (steam injection, oil  shale, fracking, etc) plus how to squeeze more gasoline from  a barrel of  crude.  High prices no doubt played a part in their  investments in those technologies.
 
 There's also the problem that it takes many years between  going out to hunt for more oil; and actually producing fuel  from that oil.
 It's a big, complicated, expensive (and dangerous) business,  especially for off-shore oil.  When prices go up,  exploration goes way  up.  Then when all those new wells start producing,  there is an over-supply and prices drop.  Eventually  the wells get shut down  because they are too expensive to run (when compared to the  glut prices) and the cycle repeats.
 
 Back in the early 80's, I worked for a company that supplied  custom computer navigation systems to the oil industry,  among others.
 When oil prices were up, we always got a bunch of orders,  for systems that would be multiple millions of dollars in  today's money.
 Peanuts really, when compared to the costs of running an oil  exploration ship.  (I was once told that operating  costs for the RV  Shell America were around $10,000 PER HOUR.)  When oil  prices collapsed in 1986, my company withdrew from that  market (closed the  division), as there were simply no more orders coming in at  all.  (Fortunately, they had lots of other work, so I  just changed
 projects.)
 
 Don't get too complacent.  The oil boom/bust cycle is  not dead and prices WILL go back up.  I have no doubt  we'll be paying close to  $5/gallon again.  It's only a question of when  http://www.investopedia.com/articles/investing/100615/will-oil-prices-go-2017.asp
 
 Randall
 
 
 
 ------------------------------
 
 Message: 13
 Date: Tue, 15 Dec 2015 13:44:10 -0500
 From: Jeff Scarbrough <fishplate at gmail.com>
 Cc: Listserv Triumph <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID:
    
 <CAO8Q7CNQdy_5kXoHY2apUv5DYj8w5uiN=yOO4V3Fv3+kbRDnfA at mail.gmail.com>
 Content-Type: text/plain; charset=UTF-8
 
 On Tue, Dec 15, 2015 at 12:33 PM, Randall <TR3driver at ca.rr.com>
 wrote:
 > The glut has many causes, but I'd say chief among them  is that the oil companies have learned a LOT more since then  on how to  > squeeze more oil out of the ground (steam injection,  oil shale, fracking, etc) plus how to squeeze more gasoline  from a barrel of  > crude.
 
 Not to mention overall average gasoline consumption per  mile.  I'm not  sure how that number has changed over the years...doubled?
 tripled?
 
 
 Jeff Scarbrough
 Corrosion Acres, Ga.
 
 
 ------------------------------
 
 Message: 14
 Date: Tue, 15 Dec 2015 13:58:51 -0500
 From: Bob Labuz <yellowtr at adelphia.net>
 To: Jeff Scarbrough <fishplate at gmail.com>,  Triumphs List
     <triumphs at autox.team.net>
 Subject: Re: [TR] Ruminations
 Message-ID: <567062EB.4080701 at adelphia.net>
 Content-Type: text/plain; charset=windows-1252;  format=flowed
 
 Jeff,
 
 Not so sure I agree.
 
 I have made over 30MPG on my 2.2 liter TR3 in the  past.  87MM upgrade  but with the stock 4sp transmission.
 WIth OD, I am sure many have done better.
 
 I average about 25MPG on all my Triumphs, a 3, 4 and 6 just  driving to  car hops etc. No real long range highway mileage. My wife's  4cyl Camry  just averaged about 35MPG on our trip out West. That is real  good, but  hardly twice my 4CYLs Triumphs. And it is fuel infected etc  with many  computers running the show and a 6 speed transmission. The  only computer  available when I drive a Triumph is in my pocket!
 
 The Camry is heavier I am sure and that engine will last for  many more  miles but mileage has not improved as much as one would  expect. I  suspect some of the problem is alcohol and less bang for the  buck in the  power in todays fuels.
 
 Bob
 
   On 12/15/2015 01:44 PM, Jeff Scarbrough wrote:
 > On Tue, Dec 15, 2015 at 12:33 PM, Randall <TR3driver at ca.rr.com>
 wrote:
 >> The glut has many causes, but I'd say chief among  them is that the oil companies have learned a LOT more since  then on how to  >> squeeze more oil out of the ground (steam  injection, oil shale, fracking, etc) plus how to squeeze  more gasoline from a barrel of  >> crude.
 > Not to mention overall average gasoline consumption per  mile.  I'm not  > sure how that number has changed over the  years...doubled? tripled?
 >
 >
 > Jeff Scarbrough
 > Corrosion Acres, Ga.
 >
 > ** triumphs at autox.team.net
 **
 >
 > Donate: http://www.team.net/donate.html  > Archive: http://www.team.net/archive  > Forums: http://www.team.net/forums  > Unsubscribe/Manage: http://autox.team.net/mailman/options/triumphs/yellowtr@adelphia.net
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