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Old 04-23-2008, 02:12 AM   #1
nabsgood

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Default The Market Today!?
Wow!

DOW down so far 130 points. Crude is up well over $2 for the day at $119 and some cents that are close to $120! Unleaded gas is up 4 cents to $3.02 and all the metal is up quiet a bit. Dollar is again weaker today, and when did the Euro pull $1.60? They are getting extremely close to the UK $1.99! Euro is getting crazy high! I just noticed that. No wonder why BMW and VW are wanting to export more jobs to the US!

Analysts seem like they have no idea what is going on. Some think that Crude will go back down and settle to $80 or $90 a barrel, and some think that it will peak at $125/barrel before it drops. Doesn't seem like it though with how fast oil is going up. There is no news on why it is going up, but it was up well over $1 yesterday and well over $2 today so far. US fuel consumption is down, stock is up, no plants or production going offline, no threats, and just tons of discoveries that usually drop the price a few dollars for at least a week, and prices are just still going sky high!

Now, with me being 19, gas is my #1 worry, and at $3.02 that translates to $3.40/$3.50 at the pump for regular!
What is going on with the market and where is my motorcycle!



I am thinking of selling my Z car because of this crazy fuel prices. It is a project car that is asking at least $10k from me, and what would be the point in having it when I will be paying almost $4/gal for premium and only get 16mpg average! I would never drive the damn thing especially with my income!

What I really need is a motorcycle dammit!
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Old 04-23-2008, 02:52 AM   #2
Savviioor

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http://i8.photobucket.com/albums/a22...t24-02-081.jpg

As you can see, I agree! Approximately 20 kilometers per liter, sexy as hell and more win than... Well, just about anything! [thumbup]
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Old 04-23-2008, 02:57 AM   #3
Ekrbcbvh

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Analysts never know what's going on. That's what they're paid for!
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Old 04-23-2008, 02:57 AM   #4
JosephNF

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Something has to be done about these oil prices - at the executive level because its part of why the US economy in ruins.

Aside from that - just do what I do and stop reading about it online and watching the news, its all gloom and doom and it only takes 10 seconds to get depressed.

I myself am going to be trading in my vehicle for something more fuel efficient.
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Old 04-23-2008, 06:00 AM   #5
jeockammece

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Sports bikes are not exactly the most fuel efficient mode of transportation out there - especially when you consider that you can not carry any cargo, bad weather prevents you from riding, the [expensive] tires need to be replaced regularly, expensive insurance, and simply the danger of riding amongst other much larger vehicles. You would be better off picking up a small hatchback or sedan that has a fuel efficient engine under the hood/bonnet.
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Old 04-23-2008, 07:53 AM   #6
Savviioor

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Sports bikes are not exactly the most fuel efficient mode of transportation out there - especially when you consider that you can not carry any cargo, bad weather prevents you from riding, the [expensive] tires need to be replaced regularly, expensive insurance, and simply the danger of riding amongst other much larger vehicles. You would be better off picking up a small hatchback or sedan that has a fuel efficient engine under the hood/bonnet.
1. You don't have to choose a sports bike, obviously.
2. My bike has a 1:20 usage (liters/km), that's a lot better than most cars I believe.
3. Do people really need a whole lot more stuff than they can fit in a backpack? Larger bikes with those cases attached can easily carry more stuff.
4. Weather would have to be really bad to stop you from riding (really bad = snow).
5. The front tire usually lasts several seasons, my rear tire costs some €150 and lasts a whole year.
6. Insurance is dead cheap! I pay €120 a year for my insurance, I'd pay at least twice as much with a small car.

While a motor isn't always a good alternative for a small car, your arguments certainly don't hold very well either.
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Old 04-23-2008, 09:20 AM   #7
dumadegg

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Analysts seem like they have no idea what is going on. Some think that Crude will go back down and settle to $80 or $90 a barrel, and some think that it will peak at $125/barrel before it drops. Doesn't seem like it though with how fast oil is going up. There is no news on why it is going up, but it was up well over $1 yesterday and well over $2 today so far. US fuel consumption is down, stock is up, no plants or production going offline, no threats,
So the fact that 169,000 barrels per day have been disrupted in Nigerian due 'terrorism' leading Shell to be unable to meet it's contractual obligations there for the next two months isn't considered a threat or oil going offline? As I mentioned in another thread the small dip in US fuel consumption is meaningless along side the crazy rise in consumption in China the last few months.
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Old 04-23-2008, 10:01 AM   #8
jeockammece

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1. You don't have to choose a sports bike, obviously.
2. My bike has a 1:20 usage (liters/km), that's a lot better than most cars I believe.
3. Do people really need a whole lot more stuff than they can fit in a backpack? Larger bikes with those cases attached can easily carry more stuff.
4. Weather would have to be really bad to stop you from riding (really bad = snow).
5. The front tire usually lasts several seasons, my rear tire costs some €150 and lasts a whole year.
6. Insurance is dead cheap! I pay €120 a year for my insurance, I'd pay at least twice as much with a small car.

While a motor isn't always a good alternative for a small car, your arguments certainly don't hold very well either.
I was just stating what other experienced sports bike enthusiasts had suggested to those individuals that were looking into switching over. You also have to remember I am talking about the United States and not the UK - everything is not exactly the same between the two.
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Old 04-23-2008, 02:53 PM   #9
GeraldCortis

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Is it possible to take public transit to work and around town? That's what I do, I take the bus to work. It's only a 5-10 minute bus ride. I only drive when I need to and gas doesn't affect my wallet too much.

It's too bad that the US dollar is in the slumps. Some parts of me want to blame our current government administration, and some parts of me want to blame the stupidity of many Americans who went out and borrowed too much money to buy things they could not afford. All I can say is that it's a buyer's market right now and I'm taking advantage of it by investing into my mutual funds.
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Old 04-23-2008, 04:18 PM   #10
nabsgood

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Sports bikes are not exactly the most fuel efficient mode of transportation out there - especially when you consider that you can not carry any cargo, bad weather prevents you from riding, the [expensive] tires need to be replaced regularly, expensive insurance, and simply the danger of riding amongst other much larger vehicles. You would be better off picking up a small hatchback or sedan that has a fuel efficient engine under the hood/bonnet.
I will do the same thing that twonha did.

1.) I would mainly consider a Honda Rebel which gets like 70+mpg average. Also, there is a Ninja 250cc sports bike that gets almost the same kind of economy. I am more of a cruiser person, and even the larger onces still get 40 to 50 mpg which is basically unheard of here in the US for even our smallest cars.

2.) All I do is drive myself around town with what is in my pockets. Nothing more, nothing less. Maybe by girlfriend but they do have two seaters and even offer side satchels for storage.

3.) Weather here in the summer is sunny, humid, and hot.

4.) I'm not too worried about tires. I am sure that it would still be cheaper to maintain then my truck.

5.) Insurance is dirt cheap

6.) There is a pretty big danger risk that I am still worried about. Though, 90% of my driving would be no more then 7 miles a way from home with extremely little traffic. Plus I have noticed already this year that biker traffic is crazy! Seems like it has already more then doubled the peak from last year.

No city transport here. I live basically out in the country side. Only public transport that you will find out this far is school buses for the local schools.


Most of my driving is within 7 miles of home. 350 miles a tank, so I spend just over $55. With a Rebel for example, I would only be paying some $15 for 350 miles. $40 savings is pretty huge.
Also with the weather factor, since I am so close to home, even if I have to drive in the rain or something, I know that I am not far from home and will just take a couple of minutes.



Yeah, I do drive to stay away from watching the news, looking up the news on the computer, looking at my porfolio, ect. ect. because it really can get you into a depressed state of mind asap. But it is hard to ignore the cost of fuel at the pump and I have about had it! The $2 range, even like $2.95/gal I am completely fine with. Just this $3/gal really gets my nerves going, my pockets hurting, and it doesn't look like we are going to be in the $2 range anytime soon that is for sure. It looks like we are going to high $4 before we see $2 if we ever do. ($3.39 currently)
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Old 04-23-2008, 06:11 PM   #11
Savviioor

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I was just stating what other experienced sports bike enthusiasts had suggested to those individuals that were looking into switching over. You also have to remember I am talking about the United States and not the UK - everything is not exactly the same between the two.
I speak of prices in euros, and you think I'm in the UK?
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Old 04-24-2008, 11:45 AM   #12
dumadegg

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It's too bad that the US dollar is in the slumps. Some parts of me want to blame our current government administration, and some parts of me want to blame the stupidity of many Americans who went out and borrowed too much money to buy things they could not afford.
You blame the American people for the dollars slump?
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Old 04-24-2008, 11:54 AM   #13
jeockammece

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I speak of prices in euros, and you think I'm in the UK?
For some reason I thought your location stated you were in the UK... Don't bash me too hard over the head.
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Old 04-24-2008, 12:21 PM   #14
dumadegg

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I will do the same thing that twonha did.

1.) I would mainly consider a Honda Rebel which gets like 70+mpg average. Also, there is a Ninja 250cc sports bike that gets almost the same kind of economy. I am more of a cruiser person, and even the larger onces still get 40 to 50 mpg which is basically unheard of here in the US for even our smallest cars.

2.) All I do is drive myself around town with what is in my pockets. Nothing more, nothing less. Maybe by girlfriend but they do have two seaters and even offer side satchels for storage.

3.) Weather here in the summer is sunny, humid, and hot.

4.) I'm not too worried about tires. I am sure that it would still be cheaper to maintain then my truck.

5.) Insurance is dirt cheap

6.) There is a pretty big danger risk that I am still worried about. Though, 90% of my driving would be no more then 7 miles a way from home with extremely little traffic. Plus I have noticed already this year that biker traffic is crazy! Seems like it has already more then doubled the peak from last year.

No city transport here. I live basically out in the country side. Only public transport that you will find out this far is school buses for the local schools.


Most of my driving is within 7 miles of home. 350 miles a tank, so I spend just over $55. With a Rebel for example, I would only be paying some $15 for 350 miles. $40 savings is pretty huge.
Also with the weather factor, since I am so close to home, even if I have to drive in the rain or something, I know that I am not far from home and will just take a couple of minutes.



Yeah, I do drive to stay away from watching the news, looking up the news on the computer, looking at my porfolio, ect. ect. because it really can get you into a depressed state of mind asap. But it is hard to ignore the cost of fuel at the pump and I have about had it! The $2 range, even like $2.95/gal I am completely fine with. Just this $3/gal really gets my nerves going, my pockets hurting, and it doesn't look like we are going to be in the $2 range anytime soon that is for sure. It looks like we are going to high $4 before we see $2 if we ever do. ($3.39 currently)
i ride a gs500e and i average 55 , and aorund 48-50 wringing her out
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Old 04-24-2008, 09:49 PM   #15
Savviioor

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For some reason I thought your location stated you were in the UK... Don't bash me too hard over the head.
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Old 04-24-2008, 10:07 PM   #16
jeockammece

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lol [surrender]
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