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Diesel prices in U.S. top $6 a gallon for first time

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111–120 of 194 posts

Re: Diesel prices in U.S. top $6 a gallon for first time

#111
post #93
post #77

Earlier quoted context omitted.

Europeans don't drive half as much as Americans.

Because fuel is so expensive.

And because driving is slower and less convenient than public transit there. Seriously in Berlin, Paris or London I would prefer the public transit options in nearly all of my trips.

Re: Diesel prices in U.S. top $6 a gallon for first time

#112

Lately I've been making a conscious effort to flip my coordinate system around on inflation. Instead of tracking cost increases of fuel, I try to conceptualize prices for all things in equivalent fuel or metered energy. The fed can overlook energy and food in their "preferred metric of inflation", but that's 90% of what I care about as an individual. Very interesting to track your purchasing power in MWh

[deleted]

Re: Diesel prices in U.S. top $6 a gallon for first time

#113
post #68

Earlier quoted context omitted.

You can't trade in for a used EV that likely wouldn't cost you anything and would save you money?

No if you actually do the math it’s not worth it.

In what way is it not worth it? I'm genuinely curious.

I used to be dead-set-against electric cars but I just bought one and am loving it. The maths is staggering. It's secondhand though as I don't believe new ones are worth it.

Re: Diesel prices in U.S. top $6 a gallon for first time

#114

It seems one way Iran fights the US asymmetrically is by harming the Federal financial picture with endlessly higher rates + borrowing costs. If this keeps happening month-after-month, year-after-year, we're really going to feel the squeeze. Treasury has already tried to reassure markets and failed Add to this other trade war nonsense...

Iran said publicly that driving up costs in the USA to effect the coming elections is their strategy.

Re: Diesel prices in U.S. top $6 a gallon for first time

#115
post #61

Remember when the common knowledge was that war was good for the economy?

Rule of Acquisition number 34: War is good for business. Rule of Acquisition number 35: Peace is good for business.

* https://memory-alpha.fandom.com/wiki/Rules_of_Acquisition

Really wish I had a better memory so I could memorize these as a lot of them would be really fun as everyday quips.

Re: Diesel prices in U.S. top $6 a gallon for first time

#116
post #43

Earlier quoted context omitted.

I'd be more than willing to go electric if someone sends me the cash to get an electric, because if I could replace my diesel-guzzling 11yo I would.

You can't trade in for a used EV that likely wouldn't cost you anything and would save you money?

I just checked 2015 diesel vehicles on my local craigslist (I refuse to use facebook, though I know that is where most cars are these days). A bunch of trucks for $15k-30k, and a few VWs for $15k. So then I search for electric cars from $10k-$15k and found nothing at all! YMMV in your local areas, but you will likely find the same: in the price range of a 11 year old diesel you will find nothing: EVs were still rare niches 11 years ago.

I did find a few eGolfs and leafs for $5k-8k, but in my experience if a car is that cheap there is a reason for that, so I assume they are unacceptable. There is a chance OP has a diesel truck because he needs a truck which in turn means they wouldn't work even new (the F150 lightning perhaps would)

Re: Diesel prices in U.S. top $6 a gallon for first time

#118
post #103
post #43

Earlier quoted context omitted.

I'd be more than willing to go electric if someone sends me the cash to get an electric, because if I could replace my diesel-guzzling 11yo I would.

I've just bought my first electric car. It's a 3 year old Skoda Enyaq Sportline Plus. It's lost 60% of its value, has only done 57k miles and has a battery state of health of 97.4%. I paid £22k. I still maintain that new cars, especially new electric cars, are not worth the money but secondhand ones are a bargain now... relatively speaking.

If one cannot afford a new EV, they should buy used. If one would like a new EV and can afford one, they should do so. EVs will not maintain their value because of the rate of technology innovation and deployment rates. The value is in TCO savings from using electricity for fuel over fossil fuels.

If one can make due with an ebike instead of an EV, certainly, that is of course an option that should be considered.

The world’s 280 million electric bikes and mopeds are cutting demand for oil far more than electric cars - https://theconversation.com/the-worlds-280-million-electric-... - November 16th, 2026

Re: Diesel prices in U.S. top $6 a gallon for first time

#119

If oil starts ruining the financial picture on top of just the...global welfare of every living human picture, then maybe, just maybe people will actually give up their addiction.

Unfortunately it's not as black and white as that. The alternatives here in the UK are limited. It's basically ICE or electric.

We have a staggering number of people that live in apartments so charging is out of the question except at public charging points and the cheapest I've seen is £0.40/kWh. Most of the fast chargers are £0.92/kWh.

When I get my home charger fitted I'll be paying 6.9p/kWh between midnight and 6am but I have a driveway.

Not everyone can give up ICE cars. The logistics don't add up for many people plus the entire world runs on diesel - every truck, earth-mover, factory etc. relies on diesel in some fashion.

Re: Diesel prices in U.S. top $6 a gallon for first time

#120
post #80

Earlier quoted context omitted.

It’s a simple calculation though and not talked about enough. USA went to war in Iraq 25 years ago thanks to the oilmen in charge at that time. For all the political bluster about Iran and gas prices, $100 oil makes them hugely more profit than $60 oil. Of course producers and shareholders of American oil companies want that extra free money. They’re not pumping oil out of the ground and keeping it at a low price jus…

I think that is a contributor, but the root cause of the Iran war was Netanyahu goading a simple person into it. The US military and intelligence community knew the risk of this, told everyone not to do it, and they did it anyway. (if one is some combination of unsophisticated, irrational, and vain, and in a position of power, they will eventually be exploited by someone more rational and sophisticated, imho)

I don't even really understand Israel's game plan here. Iran took a lot of damage but now they control the strait, they have a lot of leverage. Hard to know how it's going to shake out, but how is Israel better off now?
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