look at the current energy prices here [ Bloomberg’s energy price index ]

When gasoline first hit $3, we all complained and said consumers can’t afford it… at least I know I DID … did you notice gas went up ? lol well I thought a glimpse of hope was on the horizon but now gas is back over $3, and suddenly it’s no longer on CNBC.

The fact there’s no pushback from consumers (how could we?) that tells me prices will continue to rise even higher even upto “I am Legend”’s $6.95 ?!?!? Gawd help us !

I wish I knew how to engineer green alternatives… Oil tycoons would probably suppress me and kill me off if I was successful… I’d feel like Tesla even (not that I believe I could even keep such great company) …

Unhappy consumers are accusing gas stations of price gouging. Oil company CEOs seem to be pointing fingers at hedge funds. Economists predicted that $3 gasoline would tip the U.S. economy into recession. I hope not but Im afraid we are already there… And most notable for our purposes, oil company shares went absolutely crazy: The S&P energy index rose 24 percent in four months, Im glad I have some investment in this fund.

I personally DO prefer performance appreciation verses dividend annuals…

so where does this leave me ?
what is my Buying Power really ?
what potential do I have to truly capitalize on P/E ratios when all is effected by the energy Index one way or another…

Did you know

Only buy or fill up your car or truck in the early morning when the ground temperature is still cold. Remember that all service stations have their storage tanks buried below ground. The colder the ground the more dense the gasoline, when it gets warmer gasoline expands, so buying in the afternoon or in the evening….your gallon is not exactly a gallon.

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When you’re filling up do not squeeze the trigger of the nozzle to a fast mode. If you look you will see that the trigger has three (3)stages: low, middle, and high. In slow mode you should be pumping on low speed, thereby minimizing the vapors that are created while you are pumping.
All hoses at the pump have a vapor return. If you are pumping on the fast rate, some other liquid that goes to your tank becomes vapor. Those vapors are being sucked up and back into the underground storage tank so you’re getting less worth f! or your money.

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One of the most important tips is to fill up when your gas tank is HALF FULL or HALF EMPTY. The reason for this is, the more gas you have in your tank the less air occupying its empty space. Gasoline evaporates faster than you can imagine. Gasoline storage tanks have an internal floating roof. This roof serves as zero clearance between the gas and the atmosphere, so it minimizes the evaporation. Unlike service stations, every truck loaded is temperature compensated so that every gallon is actually the exact amount.

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Another reminder, if there is a gasoline truck pumping into the storage tanks when you stop to buy gas, DO NOT fill up–most likely the gasoline is being stirred up as the gas is being delivered, and you might pick up some of the dirt that normally settles on the bottom. Hope this will help you get the most value for your money.

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Nothing is more frustrating than the feeling that every time I fill-up the tank, I am sending my money to people who are trying to kill me, my family, and my friends! .

I thought it might be interesting for you to know which oil companies are the best to buy gas from and which major companies import Middle Eastern oil.

These companies import Middle Eastern oil:

Shell…………………….. 205,742,000 barrels
They have Offshore Drills that recently got raided by Nigerian guerrillas!

Chevron/Texaco………144,332,000 barrels

Exxon /Mobil……………130,082,000 barrels

Marathon/Speedway…117,740,000 barrels

Amoco……………………62,231,000 barrels

Citgo gas is from South America, from a Dictator who hates Americans. If you do the math at $30/barrel, these imports amount to over $18 BILLION! (oil is now $90 - $100 a barrel

Here are some large companies that do not import Middle Eastern oil:

Sunoco……………..0 barrels
- although what you are getting may NOT be Sunoco gas

Conoco……………..0 barrels

Sinclair……………..0 barrels

BP/Phillips…………0 barrels
BP owns a big Soviet Union Crude business TNK which is a critical contributor
Hess………………..0 barrels

ARC0………………0 barrels

Here in Jersey, there is also LukOil and that is Russian…

This entry was posted on Friday, February 1st, 2008 at 11:58 am and is filed under Financial TCO/ROI, Paying it Forward. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.