Re: [MBZ] Diesel/gas prices

2007-11-13 Thread andrew strasfogel
Everybody should just chill.  The price of oil has started falling and
there is no economic basis for it not to retrace all the way back down
to $60/bbl or even less in a matter of months if not weeks.



On Nov 12, 2007 12:10 PM, Christopher McCann [EMAIL PROTECTED] wrote:
 only if the government is spending money it actually has. We are borrowing 
 money from the Fed, which is created by fiat - increasing the money supply. 
 SO MUCH SO that the Fed quit publishing the statistics on the M3 money supply 
 as the growth in it is so high.

 Chris



 Tom Hargrave [EMAIL PROTECTED] wrote: War tends to heat up the economy  
 make it grow because now we need to
 replace of the neat toys that went boom. In other words, war tends to be
 anti-inflationary.

 Thanks,
 Tom Hargrave
 www.kegkits.com
 256-656-1924


 -Original Message-
 From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
 On Behalf Of archer
 Sent: Monday, November 12, 2007 9:22 AM
 To: Mercedes Discussion List
 Subject: Re: [MBZ] Diesel/gas prices

 - Original Message -
 From: Christopher McCann

  the main problem we are seeing right now is the impact of China's Central
  Bank which on Nov 6 announced that it will begin diversifying its reserve
  currencies away from weak ones like the dollar towards strong currencies.
  It was a devastating statement and that date will be one that goes down in

  history as the beginning of the upcoming period of high inflation. The US
  money supply is growing at 20%/ year. We don't have 20% economic
  growth...this is currency inflation by the Federal Reserve...currency
  debasement. When a currency is worth less, foreigners will want more of it

  for the same product. On Nov. 6, the US dollar hit record lows against
  main foreign currencies. Example - You now need $1.10 to buy 1 canadian
  dollar.(!!!). Fed Chairman Bernanke was grilled the following day in
  Congress by Ron Paul and Bernanke admitted that this will only effect
  consumers who buy imported goods - () - well, fuel is imported.
  Yes, it takes months for oil to reach the pump, but
  that does not mean that prices can't be raised now on account of it. (I
  know about the demand for heating oil and harvesting). All these things
  are combining, but the key is the plummeting dollar. We are in for a bad
  ride.
  Chris
 --
 In your opinion will we have government devaluation of the dollar such as
 South American countries have routinely had in the past?

 Do you think we would have been in this situation without the Iraq war?

 Gerry Archer
 '83 300D and 240D


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 Christopher McCann, Squier Park, Kansas City, Missouri
 -1985 300SD, 367K km, Wulf
 -1992 350 Ram Wagon, 58K miles, The Behemoth
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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread R A Bennell
Ah, an optimist!

Randy

-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] Behalf Of andrew strasfogel
Sent: Tuesday, November 13, 2007 3:36 PM
To: Mercedes Discussion List
Subject: Re: [MBZ] Diesel/gas prices


Everybody should just chill.  The price of oil has started falling and
there is no economic basis for it not to retrace all the way back down
to $60/bbl or even less in a matter of months if not weeks.



On Nov 12, 2007 12:10 PM, Christopher McCann [EMAIL PROTECTED] wrote:
 only if the government is spending money it actually has. We are borrowing 
 money from the Fed, which is created
by fiat - increasing the money supply. SO MUCH SO that the Fed quit publishing 
the statistics on the M3 money
supply as the growth in it is so high.

 Chris



 Tom Hargrave [EMAIL PROTECTED] wrote: War tends to heat up the economy  
 make it grow because now we need to
 replace of the neat toys that went boom. In other words, war tends to be
 anti-inflationary.

 Thanks,
 Tom Hargrave
 www.kegkits.com
 256-656-1924


 -Original Message-
 From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
 On Behalf Of archer
 Sent: Monday, November 12, 2007 9:22 AM
 To: Mercedes Discussion List
 Subject: Re: [MBZ] Diesel/gas prices

 - Original Message -
 From: Christopher McCann

  the main problem we are seeing right now is the impact of China's Central
  Bank which on Nov 6 announced that it will begin diversifying its reserve
  currencies away from weak ones like the dollar towards strong currencies.
  It was a devastating statement and that date will be one that goes down in

  history as the beginning of the upcoming period of high inflation. The US
  money supply is growing at 20%/ year. We don't have 20% economic
  growth...this is currency inflation by the Federal Reserve...currency
  debasement. When a currency is worth less, foreigners will want more of it

  for the same product. On Nov. 6, the US dollar hit record lows against
  main foreign currencies. Example - You now need $1.10 to buy 1 canadian
  dollar.(!!!). Fed Chairman Bernanke was grilled the following day in
  Congress by Ron Paul and Bernanke admitted that this will only effect
  consumers who buy imported goods - () - well, fuel is imported.
  Yes, it takes months for oil to reach the pump, but
  that does not mean that prices can't be raised now on account of it. (I
  know about the demand for heating oil and harvesting). All these things
  are combining, but the key is the plummeting dollar. We are in for a bad
  ride.
  Chris
 --
 In your opinion will we have government devaluation of the dollar such as
 South American countries have routinely had in the past?

 Do you think we would have been in this situation without the Iraq war?

 Gerry Archer
 '83 300D and 240D


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 Christopher McCann, Squier Park, Kansas City, Missouri
 -1985 300SD, 367K km, Wulf
 -1992 350 Ram Wagon, 58K miles, The Behemoth
  __
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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread Christopher McCann
OK, Gentleman's bet. We'll see. 

Chris

andrew strasfogel [EMAIL PROTECTED] wrote: Everybody should just chill.  The 
price of oil has started falling and
there is no economic basis for it not to retrace all the way back down
to $60/bbl or even less in a matter of months if not weeks.



On Nov 12, 2007 12:10 PM, Christopher McCann  wrote:
 only if the government is spending money it actually has. We are borrowing 
 money from the Fed, which is created by fiat - increasing the money supply. 
 SO MUCH SO that the Fed quit publishing the statistics on the M3 money supply 
 as the growth in it is so high.

 Chris



 Tom Hargrave  wrote: War tends to heat up the economy  make it grow because 
 now we need to
 replace of the neat toys that went boom. In other words, war tends to be
 anti-inflationary.

 Thanks,
 Tom Hargrave
 www.kegkits.com
 256-656-1924


 -Original Message-
 From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
 On Behalf Of archer
 Sent: Monday, November 12, 2007 9:22 AM
 To: Mercedes Discussion List
 Subject: Re: [MBZ] Diesel/gas prices

 - Original Message -
 From: Christopher McCann

  the main problem we are seeing right now is the impact of China's Central
  Bank which on Nov 6 announced that it will begin diversifying its reserve
  currencies away from weak ones like the dollar towards strong currencies.
  It was a devastating statement and that date will be one that goes down in

  history as the beginning of the upcoming period of high inflation. The US
  money supply is growing at 20%/ year. We don't have 20% economic
  growth...this is currency inflation by the Federal Reserve...currency
  debasement. When a currency is worth less, foreigners will want more of it

  for the same product. On Nov. 6, the US dollar hit record lows against
  main foreign currencies. Example - You now need $1.10 to buy 1 canadian
  dollar.(!!!). Fed Chairman Bernanke was grilled the following day in
  Congress by Ron Paul and Bernanke admitted that this will only effect
  consumers who buy imported goods - () - well, fuel is imported.
  Yes, it takes months for oil to reach the pump, but
  that does not mean that prices can't be raised now on account of it. (I
  know about the demand for heating oil and harvesting). All these things
  are combining, but the key is the plummeting dollar. We are in for a bad
  ride.
  Chris
 --
 In your opinion will we have government devaluation of the dollar such as
 South American countries have routinely had in the past?

 Do you think we would have been in this situation without the Iraq war?

 Gerry Archer
 '83 300D and 240D


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 Christopher McCann, Squier Park, Kansas City, Missouri
 -1985 300SD, 367K km, Wulf
 -1992 350 Ram Wagon, 58K miles, The Behemoth
  __
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Christopher McCann, Squier Park, Kansas City, Missouri 
-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
   
-
Get easy, one-click access to your favorites.  Make Yahoo! your homepage.
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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread Tom Hargrave
Supply and demand rules dictate that the long term trend must rise.

Less Supply + Great Demand = Higher Prices

Tom
www.kegkits.com
 
Original Message
From: Christopher McCann [EMAIL PROTECTED]
Sent: 11/13/07 04:05 PM
To: Mercedes Discussion List mercedes@okiebenz.com
Subject: Re: [MBZ] Diesel/gas prices
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
OK, Gentleman's bet. We'll see. 

Chris

andrew strasfogel [EMAIL PROTECTED] wrote: Everybody should just
chill.  The price of oil has started falling and
there is no economic basis for it not to retrace all the way back down
to $60/bbl or even less in a matter of months if not weeks.



On Nov 12, 2007 12:10 PM, Christopher McCann  wrote:
 only if the government is spending money it actually has. We are
borrowing money from the Fed, which is created by fiat - increasing the
money supply. SO MUCH SO that the Fed quit publishing the statistics on
the M3 money supply as the growth in it is so high.

 Chris



 Tom Hargrave  wrote: War tends to heat up the economy  make it grow
because now we need to
 replace of the neat toys that went boom. In other words, war tends
to be
 anti-inflationary.

 Thanks,
 Tom Hargrave
 www.kegkits.com
 256-656-1924


 -Original Message-
 From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]
 On Behalf Of archer
 Sent: Monday, November 12, 2007 9:22 AM
 To: Mercedes Discussion List
 Subject: Re: [MBZ] Diesel/gas prices

 - Original Message -
 From: Christopher McCann

  the main problem we are seeing right now is the impact of China's
Central
  Bank which on Nov 6 announced that it will begin diversifying its
reserve
  currencies away from weak ones like the dollar towards strong
currencies.
  It was a devastating statement and that date will be one that goes
down in

  history as the beginning of the upcoming period of high inflation.
The US
  money supply is growing at 20%/ year. We don't have 20% economic
  growth...this is currency inflation by the Federal
Reserve...currency
  debasement. When a currency is worth less, foreigners will want more
of it

  for the same product. On Nov. 6, the US dollar hit record lows
against
  main foreign currencies. Example - You now need $1.10 to buy 1
canadian
  dollar.(!!!). Fed Chairman Bernanke was grilled the following day in
  Congress by Ron Paul and Bernanke admitted that this will only
effect
  consumers who buy imported goods - () - well, fuel is
imported.
  Yes, it takes months for oil to reach the pump, but
  that does not mean that prices can't be raised now on account of it.
(I
  know about the demand for heating oil and harvesting). All these
things
  are combining, but the key is the plummeting dollar. We are in for a
bad
  ride.
  Chris
 --
 In your opinion will we have government devaluation of the dollar such
as
 South American countries have routinely had in the past?

 Do you think we would have been in this situation without the Iraq
war?

 Gerry Archer
 '83 300D and 240D


 ___
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 Christopher McCann, Squier Park, Kansas City, Missouri
 -1985 300SD, 367K km, Wulf
 -1992 350 Ram Wagon, 58K miles, The Behemoth
  __
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 Tired of spam?  Yahoo! Mail has the best spam protection around
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Christopher McCann, Squier Park, Kansas City, Missouri 
-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
   
-
Get easy, one-click access to your favorites.  Make Yahoo! your
homepage.
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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread andrew strasfogel
Seriously, everybody guess how much higher China's and India's oil
demand is this year compared to last?

(Hint:  it's a lot less than you think).

On Nov 13, 2007 5:11 PM, Tom Hargrave [EMAIL PROTECTED] wrote:
 Supply and demand rules dictate that the long term trend must rise.

 Less Supply + Great Demand = Higher Prices

 Tom
 www.kegkits.com

 Original Message
 From: Christopher McCann [EMAIL PROTECTED]
 Sent: 11/13/07 04:05 PM
 To: Mercedes Discussion List mercedes@okiebenz.com
 Subject: Re: [MBZ] Diesel/gas prices

 -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
 OK, Gentleman's bet. We'll see.

 Chris

 andrew strasfogel [EMAIL PROTECTED] wrote: Everybody should just
 chill.  The price of oil has started falling and
 there is no economic basis for it not to retrace all the way back down
 to $60/bbl or even less in a matter of months if not weeks.



 On Nov 12, 2007 12:10 PM, Christopher McCann  wrote:
  only if the government is spending money it actually has. We are
 borrowing money from the Fed, which is created by fiat - increasing the
 money supply. SO MUCH SO that the Fed quit publishing the statistics on
 the M3 money supply as the growth in it is so high.
 
  Chris
 
 
 
  Tom Hargrave  wrote: War tends to heat up the economy  make it grow
 because now we need to
  replace of the neat toys that went boom. In other words, war tends
 to be
  anti-inflationary.
 
  Thanks,
  Tom Hargrave
  www.kegkits.com
  256-656-1924
 
 
  -Original Message-
  From: [EMAIL PROTECTED]
 [mailto:[EMAIL PROTECTED]
  On Behalf Of archer
  Sent: Monday, November 12, 2007 9:22 AM
  To: Mercedes Discussion List
  Subject: Re: [MBZ] Diesel/gas prices
 
  - Original Message -
  From: Christopher McCann
 
   the main problem we are seeing right now is the impact of China's
 Central
   Bank which on Nov 6 announced that it will begin diversifying its
 reserve
   currencies away from weak ones like the dollar towards strong
 currencies.
   It was a devastating statement and that date will be one that goes
 down in
 
   history as the beginning of the upcoming period of high inflation.
 The US
   money supply is growing at 20%/ year. We don't have 20% economic
   growth...this is currency inflation by the Federal
 Reserve...currency
   debasement. When a currency is worth less, foreigners will want more
 of it
 
   for the same product. On Nov. 6, the US dollar hit record lows
 against
   main foreign currencies. Example - You now need $1.10 to buy 1
 canadian
   dollar.(!!!). Fed Chairman Bernanke was grilled the following day in
   Congress by Ron Paul and Bernanke admitted that this will only
 effect
   consumers who buy imported goods - () - well, fuel is
 imported.
   Yes, it takes months for oil to reach the pump, but
   that does not mean that prices can't be raised now on account of it.
 (I
   know about the demand for heating oil and harvesting). All these
 things
   are combining, but the key is the plummeting dollar. We are in for a
 bad
   ride.
   Chris
  --
  In your opinion will we have government devaluation of the dollar such
 as
  South American countries have routinely had in the past?
 
  Do you think we would have been in this situation without the Iraq
 war?
 
  Gerry Archer
  '83 300D and 240D
 
 
  ___
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  For used parts email [EMAIL PROTECTED]
 
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  Christopher McCann, Squier Park, Kansas City, Missouri
  -1985 300SD, 367K km, Wulf
  -1992 350 Ram Wagon, 58K miles, The Behemoth
   __
  Do You Yahoo!?
  Tired of spam?  Yahoo! Mail has the best spam protection around
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 Christopher McCann, Squier Park, Kansas City, Missouri
 -1985 300SD, 367K km, Wulf
 -1992 350 Ram Wagon, 58K miles, The Behemoth

 -
 Get easy, one-click access

Re: [MBZ] Diesel/gas prices

2007-11-13 Thread Allan Streib
Tom Hargrave [EMAIL PROTECTED] writes:

 Supply and demand rules dictate that the long term trend must rise.

 Less Supply + Great Demand = Higher Prices

I do recall hearing a report that some big-time financial guru (might
have been Warren Buffet) said that we were in an oil price bubble and
the prices were not justifiable based on current demand and supply and
that there would be a correction.  That was some months ago, maybe
early summer or so?

Allan

-- 
1983 300D
1966 230

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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread andrew strasfogel
I read recently that oil consumption (demand) only grew 1 percent for
China and India. If this is true then we are in one HELLUVA bubble
that could easily burst

Think 1615 Dutch Tulip Craze.

On Nov 13, 2007 5:24 PM, Allan Streib [EMAIL PROTECTED] wrote:
 Tom Hargrave [EMAIL PROTECTED] writes:

  Supply and demand rules dictate that the long term trend must rise.
 
  Less Supply + Great Demand = Higher Prices

 I do recall hearing a report that some big-time financial guru (might
 have been Warren Buffet) said that we were in an oil price bubble and
 the prices were not justifiable based on current demand and supply and
 that there would be a correction.  That was some months ago, maybe
 early summer or so?

 Allan

 --
 1983 300D
 1966 230


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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread Christopher McCann
We could have lower demand and larger supplies and STILL pay more because we 
import it - so you must take the value of the dollar into account...and it has 
been falling for several years and took another big hit with the Chinese 
central bank announcement.

Chris



Allan Streib [EMAIL PROTECTED] wrote: Tom Hargrave  writes:

 Supply and demand rules dictate that the long term trend must rise.

 Less Supply + Great Demand = Higher Prices

I do recall hearing a report that some big-time financial guru (might
have been Warren Buffet) said that we were in an oil price bubble and
the prices were not justifiable based on current demand and supply and
that there would be a correction.  That was some months ago, maybe
early summer or so?

Allan

-- 
1983 300D
1966 230

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Christopher McCann, Squier Park, Kansas City, Missouri 
-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
   
-
Never miss a thing.   Make Yahoo your homepage.
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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread Mitch Haley
andrew strasfogel wrote:
 
 Seriously, everybody guess how much higher China's and India's oil
 demand is this year compared to last?

I would assume it's somewhere near China's claimed 10% GDP growth.

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Re: [MBZ] Diesel/gas prices

2007-11-13 Thread andrew strasfogel
I would have thought that too, but the news article said growth was
closer to1 percent

On 11/13/07, Mitch Haley [EMAIL PROTECTED] wrote:
 andrew strasfogel wrote:
 
  Seriously, everybody guess how much higher China's and India's oil
  demand is this year compared to last?

 I would assume it's somewhere near China's claimed 10% GDP growth.

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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Allan Streib
Gary Hurst [EMAIL PROTECTED] writes:

  i'm not gonna light my furnace till december if at all.  i'm working from
 home.  i've stopped using the washer and dryer.

I hope you're still bathing

Allan
-- 
1983 300D
1966 230

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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Christopher McCann
BioD in Germany is about 1.20 Euro/literso it is not double, unless you use 
the more recent dollar to Euro conversion...but that is not a fair comparison 
because that is a problem with the falling dollar, not with Euro fuel prices.

Chris



Allan Streib [EMAIL PROTECTED] wrote: I have no idea what gasoline and diesel 
fuel prices are in China and  
India.  In Europe, they are roughly double what we pay here, the  
difference largely being due to taxes.

Some oil producing countries (Venezuela, Middle East countries) sell  
at artificially low prices domestically because the government owns  
the production and it makes the citizens happy.


Allan

On Nov 11, 2007, at 1:45 PM, LarryT wrote:

 We've talked about the role Chindia plays in the rise of fuel  
 prices - But
 do BillyBob in China  SallySue in India pay the same price we pay  
 here?
 i.e. $3.00+/gal?

 If not, why not? Supply  demand should be equal everywhere,  
 right?   And if
 yes, I would think $3+/gal. would slow their growth dramatically  
 given the
 standard of living.  or maybe those who can afford to buy cars aren't
 affected by the cost?


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-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Christopher McCann
the main problem we are seeing right now is the impact of China's Central Bank 
which on Nov 6 announced that it will begin diversifying its reserve currencies 
away from weak ones like the dollar towards strong currencies. It was a 
devastating statement and that date will be one that goes down in history as 
the beginning of the upcoming period of high inflation. The US money supply is 
growing at 20%/ year. We don't have 20% economic growth...this is currency 
inflation by the Federal Reserve...currency debasement. When a currency is 
worth less, foreigners will want more of it for the same product. On Nov. 6, 
the US dollar hit record lows against main foreign currencies. Example - You 
now need $1.10 to buy 1 canadian dollar.(!!!). Fed Chairman Bernanke was 
grilled the following day in Congress by Ron Paul and Bernanke admitted that 
this will only effect consumers who buy imported goods - () - well, 
fuel is imported. Yes, it takes months for oil to reach the pump, but
 that does not mean that prices can't be raised now on account of it. (I know 
about the demand for heating oil and harvesting). All these things are 
combining, but the key is the plummeting dollar. We are in for a bad ride.

Chris



Tom Hargrave [EMAIL PROTECTED] wrote: The impact China and India have on the 
price of oil is their rapidly
growing manufacturing base, which is growing to support US.

As far as gas prices are concerned, convince our Government to stop
taxing and start subsidising gas and we too can have lower gas prices 
rotten roads  an even worse deficate than we have now.

In other words, gas prices in these countries are being held lower than
actual production cost to help them grow even faster.

Thanks, Tom
256-656-1924

-Original Message-
From: LarryT 
To: Mercedes Discussion List ; The
FerrariList 
Sent: 11/11/07 12:50 PM
Subject: [MBZ] Diesel/gas prices

We've talked about the role Chindia plays in the rise of fuel prices -
But 
do BillyBob in China  SallySue in India pay the same price we pay here?

i.e. $3.00+/gal?

If not, why not? Supply  demand should be equal everywhere, right?
And if 
yes, I would think $3+/gal. would slow their growth dramatically given
the 
standard of living.  or maybe those who can afford to buy cars aren't 
affected by the cost?

What am I missing?

Larry T (67 MGB, 74 911, 78 240D, 91 300D)
www.youroil.net for Oil Analysis and Weber Parts
Test Results http://members.rennlist.com/oil
PORSCHE POSTERS!  youroil.net
Weber Carb Info http://members.rennlist.com/webercarbs
.


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-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Allan Streib
I got my numbers from a page on CNN's web site as a result of a Google
search.  The prices across Europe were not consistent -- Denmark,
Sweden, and Norway were more than double as I recall, with other
countries not that high but still more than what we are paying.

Christopher McCann [EMAIL PROTECTED] writes:

 BioD in Germany is about 1.20 Euro/literso it is not double,
 unless you use the more recent dollar to Euro conversion...but that
 is not a fair comparison because that is a problem with the falling
 dollar, not with Euro fuel prices.

 Chris

-- 
1983 300D
1966 230

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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Christopher McCann
that is the differing tax part, and they do pay way more taxes. But they don't 
pay more for crude. AND BioD is everywhere and the cheapest diesel fuel to be 
had, at least in Germany.

In Germany, sales taxes on diesel cars are higher than gas cars...THAT I cannot 
comprehend. My German friend said, if that weren't the case, then everyone 
would drive diesel. And the problem with that is.? No idea. At least we 
can get a Fed tax credit for a new diesel.

Chris



Allan Streib [EMAIL PROTECTED] wrote: I got my numbers from a page on CNN's 
web site as a result of a Google
search.  The prices across Europe were not consistent -- Denmark,
Sweden, and Norway were more than double as I recall, with other
countries not that high but still more than what we are paying.

Christopher McCann  writes:

 BioD in Germany is about 1.20 Euro/literso it is not double,
 unless you use the more recent dollar to Euro conversion...but that
 is not a fair comparison because that is a problem with the falling
 dollar, not with Euro fuel prices.

 Chris

-- 
1983 300D
1966 230

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Christopher McCann, Squier Park, Kansas City, Missouri 
-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Rich Thomas
You have the answer right there -- more popular so must be taxed more.  
The socialist governments have never seen a tax they don't like, 
especially on things their people like.

--R

Christopher McCann wrote:
 In Germany, sales taxes on diesel cars are higher than gas cars...THAT I 
 cannot comprehend. My German friend said, if that weren't the case, then 
 everyone would drive diesel. And the problem with that is.? No idea. At 
 least we can get a Fed tax credit for a new diesel.

 Chris

   


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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread archer
- Original Message - 
From: Christopher McCann [EMAIL PROTECTED]
 the main problem we are seeing right now is the impact of China's Central 
 Bank which on Nov 6 announced that it will begin diversifying its reserve 
 currencies away from weak ones like the dollar towards strong currencies. 
 It was a devastating statement and that date will be one that goes down in 
 history as the beginning of the upcoming period of high inflation. The US 
 money supply is growing at 20%/ year. We don't have 20% economic 
 growth...this is currency inflation by the Federal Reserve...currency 
 debasement. When a currency is worth less, foreigners will want more of it 
 for the same product. On Nov. 6, the US dollar hit record lows against 
 main foreign currencies. Example - You now need $1.10 to buy 1 canadian 
 dollar.(!!!). Fed Chairman Bernanke was grilled the following day in 
 Congress by Ron Paul and Bernanke admitted that this will only effect 
 consumers who buy imported goods - () - well, fuel is imported. 
 Yes, it takes months for oil to reach the pump, but
 that does not mean that prices can't be raised now on account of it. (I 
 know about the demand for heating oil and harvesting). All these things 
 are combining, but the key is the plummeting dollar. We are in for a bad 
 ride.
 Chris
--
In your opinion will we have government devaluation of the dollar such as 
South American countries have routinely had in the past?

Do you think we would have been in this situation without the Iraq war?

Gerry Archer
'83 300D and 240D 


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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Gary Hurst
never did much of that to begin with, but i am using the water heater.  it's
really too hard for me to function without hot water or i'd shut that down
as well.

On Nov 12, 2007 9:06 AM, Allan Streib [EMAIL PROTECTED] wrote:

 Gary Hurst [EMAIL PROTECTED] writes:

   i'm not gonna light my furnace till december if at all.  i'm working
 from
  home.  i've stopped using the washer and dryer.

 I hope you're still bathing

 Allan
 --
 1983 300D
 1966 230

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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Gary Hurst
i recall there was some story once about this war being about cheap fuel
prices.  like just about every story about this war, that didn't really work
out.

On Nov 12, 2007 10:22 AM, archer [EMAIL PROTECTED] wrote:

 - Original Message -
 From: Christopher McCann [EMAIL PROTECTED]
  the main problem we are seeing right now is the impact of China's
 Central
  Bank which on Nov 6 announced that it will begin diversifying its
 reserve
  currencies away from weak ones like the dollar towards strong
 currencies.
  It was a devastating statement and that date will be one that goes down
 in
  history as the beginning of the upcoming period of high inflation. The
 US
  money supply is growing at 20%/ year. We don't have 20% economic
  growth...this is currency inflation by the Federal Reserve...currency
  debasement. When a currency is worth less, foreigners will want more of
 it
  for the same product. On Nov. 6, the US dollar hit record lows against
  main foreign currencies. Example - You now need $1.10 to buy 1 canadian
  dollar.(!!!). Fed Chairman Bernanke was grilled the following day in
  Congress by Ron Paul and Bernanke admitted that this will only effect
  consumers who buy imported goods - () - well, fuel is imported.
  Yes, it takes months for oil to reach the pump, but
  that does not mean that prices can't be raised now on account of it. (I
  know about the demand for heating oil and harvesting). All these things
  are combining, but the key is the plummeting dollar. We are in for a bad
  ride.
  Chris
 --
 In your opinion will we have government devaluation of the dollar such as
 South American countries have routinely had in the past?

 Do you think we would have been in this situation without the Iraq war?

 Gerry Archer
 '83 300D and 240D


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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Tom Hargrave
War tends to heat up the economy  make it grow because now we need to
replace of the neat toys that went boom. In other words, war tends to be
anti-inflationary.

Thanks,
Tom Hargrave
www.kegkits.com
256-656-1924
 

-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of archer
Sent: Monday, November 12, 2007 9:22 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Diesel/gas prices

- Original Message - 
From: Christopher McCann [EMAIL PROTECTED]
 the main problem we are seeing right now is the impact of China's Central 
 Bank which on Nov 6 announced that it will begin diversifying its reserve 
 currencies away from weak ones like the dollar towards strong currencies. 
 It was a devastating statement and that date will be one that goes down in

 history as the beginning of the upcoming period of high inflation. The US 
 money supply is growing at 20%/ year. We don't have 20% economic 
 growth...this is currency inflation by the Federal Reserve...currency 
 debasement. When a currency is worth less, foreigners will want more of it

 for the same product. On Nov. 6, the US dollar hit record lows against 
 main foreign currencies. Example - You now need $1.10 to buy 1 canadian 
 dollar.(!!!). Fed Chairman Bernanke was grilled the following day in 
 Congress by Ron Paul and Bernanke admitted that this will only effect 
 consumers who buy imported goods - () - well, fuel is imported. 
 Yes, it takes months for oil to reach the pump, but
 that does not mean that prices can't be raised now on account of it. (I 
 know about the demand for heating oil and harvesting). All these things 
 are combining, but the key is the plummeting dollar. We are in for a bad 
 ride.
 Chris
--
In your opinion will we have government devaluation of the dollar such as 
South American countries have routinely had in the past?

Do you think we would have been in this situation without the Iraq war?

Gerry Archer
'83 300D and 240D 


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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Rich Thomas
Too much sharing of information.

--R

Gary Hurst wrote:
 never did much of that to begin with, but i am using the water heater.  it's
 really too hard for me to function without hot water or i'd shut that down
 as well.

   


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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Christopher McCann
We already have govt devaluation of the dollar. The money supply is growing at 
20% annually. If the economy is not growing at 20% then there is too much money 
chasing too few goods and services and there WILL be inflation. We have gotten 
away with this in the past as the dollar is the world reserve currency...but 
that is changing (see reference to China central bank below). Once the world 
market for dollars shrinks, those dollars will start finding their way back to 
the US and create even more money here, increasing inflation even more.

Ron Paul grilled Bernanke on this last week:

http://youtube.com/watch?v=nj9KHJRRUbQ

I think the war has added to the problem because to pay for it (and other 
things), the gov is borrowing money from the federal reserve. The Fed creates 
this money from nothing (by fiat), the loans it to gov which spends it...then 
they pay interest on it. This creation of money from nothing increases the 
money supply and THAT is the cause of inflation. Higher prices is the EFFECT of 
inflation.

Chris



archer [EMAIL PROTECTED] wrote: - Original Message - 
From: Christopher McCann 
 the main problem we are seeing right now is the impact of China's Central 
 Bank which on Nov 6 announced that it will begin diversifying its reserve 
 currencies away from weak ones like the dollar towards strong currencies. 
 It was a devastating statement and that date will be one that goes down in 
 history as the beginning of the upcoming period of high inflation. The US 
 money supply is growing at 20%/ year. We don't have 20% economic 
 growth...this is currency inflation by the Federal Reserve...currency 
 debasement. When a currency is worth less, foreigners will want more of it 
 for the same product. On Nov. 6, the US dollar hit record lows against 
 main foreign currencies. Example - You now need $1.10 to buy 1 canadian 
 dollar.(!!!). Fed Chairman Bernanke was grilled the following day in 
 Congress by Ron Paul and Bernanke admitted that this will only effect 
 consumers who buy imported goods - () - well, fuel is imported. 
 Yes, it takes months for oil to reach the pump, but
 that does not mean that prices can't be raised now on account of it. (I 
 know about the demand for heating oil and harvesting). All these things 
 are combining, but the key is the plummeting dollar. We are in for a bad 
 ride.
 Chris
--
In your opinion will we have government devaluation of the dollar such as 
South American countries have routinely had in the past?

Do you think we would have been in this situation without the Iraq war?

Gerry Archer
'83 300D and 240D 


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Christopher McCann, Squier Park, Kansas City, Missouri 
-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
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Re: [MBZ] Diesel/gas prices

2007-11-12 Thread Christopher McCann
only if the government is spending money it actually has. We are borrowing 
money from the Fed, which is created by fiat - increasing the money supply. SO 
MUCH SO that the Fed quit publishing the statistics on the M3 money supply as 
the growth in it is so high.

Chris



Tom Hargrave [EMAIL PROTECTED] wrote: War tends to heat up the economy  make 
it grow because now we need to
replace of the neat toys that went boom. In other words, war tends to be
anti-inflationary.

Thanks,
Tom Hargrave
www.kegkits.com
256-656-1924
 

-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of archer
Sent: Monday, November 12, 2007 9:22 AM
To: Mercedes Discussion List
Subject: Re: [MBZ] Diesel/gas prices

- Original Message - 
From: Christopher McCann 
 the main problem we are seeing right now is the impact of China's Central 
 Bank which on Nov 6 announced that it will begin diversifying its reserve 
 currencies away from weak ones like the dollar towards strong currencies. 
 It was a devastating statement and that date will be one that goes down in

 history as the beginning of the upcoming period of high inflation. The US 
 money supply is growing at 20%/ year. We don't have 20% economic 
 growth...this is currency inflation by the Federal Reserve...currency 
 debasement. When a currency is worth less, foreigners will want more of it

 for the same product. On Nov. 6, the US dollar hit record lows against 
 main foreign currencies. Example - You now need $1.10 to buy 1 canadian 
 dollar.(!!!). Fed Chairman Bernanke was grilled the following day in 
 Congress by Ron Paul and Bernanke admitted that this will only effect 
 consumers who buy imported goods - () - well, fuel is imported. 
 Yes, it takes months for oil to reach the pump, but
 that does not mean that prices can't be raised now on account of it. (I 
 know about the demand for heating oil and harvesting). All these things 
 are combining, but the key is the plummeting dollar. We are in for a bad 
 ride.
 Chris
--
In your opinion will we have government devaluation of the dollar such as 
South American countries have routinely had in the past?

Do you think we would have been in this situation without the Iraq war?

Gerry Archer
'83 300D and 240D 


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Christopher McCann, Squier Park, Kansas City, Missouri 
-1985 300SD, 367K km, Wulf
-1992 350 Ram Wagon, 58K miles, The Behemoth
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[MBZ] Diesel/gas prices

2007-11-11 Thread LarryT
We've talked about the role Chindia plays in the rise of fuel prices - But 
do BillyBob in China  SallySue in India pay the same price we pay here? 
i.e. $3.00+/gal?

If not, why not? Supply  demand should be equal everywhere, right?   And if 
yes, I would think $3+/gal. would slow their growth dramatically given the 
standard of living.  or maybe those who can afford to buy cars aren't 
affected by the cost?

What am I missing?

Larry T (67 MGB, 74 911, 78 240D, 91 300D)
www.youroil.net for Oil Analysis and Weber Parts
Test Results http://members.rennlist.com/oil
PORSCHE POSTERS!  youroil.net
Weber Carb Info http://members.rennlist.com/webercarbs
.


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Re: [MBZ] Diesel/gas prices

2007-11-11 Thread Allan Streib
I have no idea what gasoline and diesel fuel prices are in China and  
India.  In Europe, they are roughly double what we pay here, the  
difference largely being due to taxes.

Some oil producing countries (Venezuela, Middle East countries) sell  
at artificially low prices domestically because the government owns  
the production and it makes the citizens happy.


Allan

On Nov 11, 2007, at 1:45 PM, LarryT wrote:

 We've talked about the role Chindia plays in the rise of fuel  
 prices - But
 do BillyBob in China  SallySue in India pay the same price we pay  
 here?
 i.e. $3.00+/gal?

 If not, why not? Supply  demand should be equal everywhere,  
 right?   And if
 yes, I would think $3+/gal. would slow their growth dramatically  
 given the
 standard of living.  or maybe those who can afford to buy cars aren't
 affected by the cost?


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Re: [MBZ] Diesel/gas prices

2007-11-11 Thread Tom Hargrave
The impact China and India have on the price of oil is their rapidly
growing manufacturing base, which is growing to support US.

As far as gas prices are concerned, convince our Government to stop
taxing and start subsidising gas and we too can have lower gas prices 
rotten roads  an even worse deficate than we have now.

In other words, gas prices in these countries are being held lower than
actual production cost to help them grow even faster.

Thanks, Tom
256-656-1924

-Original Message-
From: LarryT [EMAIL PROTECTED]
To: Mercedes Discussion List mercedes@okiebenz.com; The
FerrariList [EMAIL PROTECTED]
Sent: 11/11/07 12:50 PM
Subject: [MBZ] Diesel/gas prices

We've talked about the role Chindia plays in the rise of fuel prices -
But 
do BillyBob in China  SallySue in India pay the same price we pay here?

i.e. $3.00+/gal?

If not, why not? Supply  demand should be equal everywhere, right?
And if 
yes, I would think $3+/gal. would slow their growth dramatically given
the 
standard of living.  or maybe those who can afford to buy cars aren't 
affected by the cost?

What am I missing?

Larry T (67 MGB, 74 911, 78 240D, 91 300D)
www.youroil.net for Oil Analysis and Weber Parts
Test Results http://members.rennlist.com/oil
PORSCHE POSTERS!  youroil.net
Weber Carb Info http://members.rennlist.com/webercarbs
.


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Re: [MBZ] Diesel/gas prices

2007-11-11 Thread Mitch Haley

These days, a 42 gallon barrel of crude is about $95. 
I'm stunned that I can still buy gas at the pump, taxes and all, 
for less than $3.20. (but diesel is over $3.50, and kerosene
is more than that) When gas hit $3.20 in the summer of '06, I believe
crude was a bit under $80.

Mitch.



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Re: [MBZ] Diesel/gas prices

2007-11-11 Thread Peter Frederick
Pump prices are somewhat independent of crude prices (there are other 
factors, such as the upcoming demand for home heating oil that will 
push diesel up quite a bit this winter) and low demand due to the end 
of the summer driving season.

That notwithstanding, pump prices will lag from 30 to 60 days changes 
in crude prices, since the crude is paid for essentially when it leaves 
the ground, and it takes a month or two for it to arrive at the 
refinery, get refined, then shipped to the service station.

Prices will go up some more, $3.50 or so for regular is my purely seat 
of the pants estimate, near $4 for diesel in the cold months.

Peter


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Re: [MBZ] Diesel/gas prices

2007-11-11 Thread John Robbins
LarryT wrote:

 What am I missing?

Taxes (see Europe)



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Re: [MBZ] Diesel/gas prices

2007-11-11 Thread Gary Hurst
i'm of the opinion that this is going to end up being a disaster, starting
with regular people who now have to pay $400 a month to heat their home that
they bought and can't afford and another $400 a month to drive their car
that they can't afford either.

i'm not gonna light my furnace till december if at all.  i'm working from
home.  i've stopped using the washer and dryer.  i'm buying just about
everything via mail order.  i'm looking into climate proof housing out of
recycled materials. i'll probably join the recycled fuel crowd as well
before long.



On Nov 11, 2007 5:27 PM, Peter Frederick [EMAIL PROTECTED] wrote:

 Pump prices are somewhat independent of crude prices (there are other
 factors, such as the upcoming demand for home heating oil that will
 push diesel up quite a bit this winter) and low demand due to the end
 of the summer driving season.

 That notwithstanding, pump prices will lag from 30 to 60 days changes
 in crude prices, since the crude is paid for essentially when it leaves
 the ground, and it takes a month or two for it to arrive at the
 refinery, get refined, then shipped to the service station.

 Prices will go up some more, $3.50 or so for regular is my purely seat
 of the pants estimate, near $4 for diesel in the cold months.

 Peter


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