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Thread: Oil Slick Stuff

  1. #13981

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    Default Re: Oil Slick Stuff

    EIA Petroleum Status Report
    Released On 8/13/2014 10:30:00 AM For wk8/8, 2014
    Economic Calendar - Bloomberg
    Prior Actual
    Crude oil inventories (weekly change) -1.8 M barrels 1.4 M barrels
    Gasoline (weekly change) -4.4 M barrels -1.2 M barrels
    Distillates (weekly change) -1.8 M barrels -2.4 M barrels



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  3. #13982

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    Default Re: Oil Slick Stuff

    Russia vulnerable as oil prices hit nine-month low on IEA 'glut' warnings

    Stockpile creates extra layer of protection against any possible supply shock from Russia and Iraq


    Oil prices have fallen to a nine-month low as surging supply from Opec and the US floods the market and fresh demand wilts, leading to an “oil glut” in the Atlantic region despite the twin crises in Iraq and Russia.

    The International Energy Agency (IEA) cut its forecast for the rise in global consumption to just 1m barrels a day (b/d) this year due to near recession conditions in Europe and as pervasive weakness in the world economy disappoints.


    This comes as supply rises by a further 300,000 b/d beyond what was already planned. The warning sent Brent crude prices tumbling to $104 a barrel, the lowest this year.

    Russia vulnerable as oil prices hit nine-month low on IEA 'glut' warnings - Telegraph



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  5. #13983

    Default Re: Oil Slick Stuff

    With oil below $100/bbl...gasoline should be below $3.00/gal...

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  7. #13984

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by Buster View Post
    With oil below $100/bbl...gasoline should be below $3.00/gal...
    That would be nice. 87 octane between $3.31 and $3.59 around me.
    May the force be with us.

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  9. #13985

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    Default Re: Oil Slick Stuff

    I just found out I could be saving 20% (or have been paying 25% too much) on my gas.

    I guess I have been buying premium this whole time at $1/gal and could have been buying the cheap stuff at 80c/gal... dang it

    Oh, well, who knows what the cheap stuff would do to my engine
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  11. #13986

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by RealMoneyIssues View Post
    I just found out I could be saving 20% (or have been paying 25% too much) on my gas.

    I guess I have been buying premium this whole time at $1/gal and could have been buying the cheap stuff at 80c/gal... dang it

    Oh, well, who knows what the cheap stuff would do to my engine
    I've always bought the cheap stuff, except when I had A Jeep Grand Wagoneer had to run Mid Grade in that Beast!




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  13. #13987

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut View Post
    I've always bought the cheap stuff, except when I had A Jeep Grand Wagoneer had to run Mid Grade in that Beast!
    I used to give my vehicles a taste of high test once in awhile just to clean them out. That was before gas got so expensive.
    May the force be with us.

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  15. #13988

    Default Re: Oil Slick Stuff

    Contrary to common believe..Engines that are tuned for 87 octane should burn it and engines that are tuned for 91+ octane should burn just that..Adding High octane to low octane engines does nothing for performance or cleans anything...Actually just the opposite will happen..because High octane is a slower burning gas and will carbon up low octane designed engines.

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  17. #13989

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by Buster View Post
    Contrary to common believe..Engines that are tuned for 87 octane should burn it and engines that are tuned for 91+ octane should burn just that..Adding High octane to low octane engines does nothing for performance or cleans anything...Actually just the opposite will happen..because High octane is a slower burning gas and will carbon up low octane designed engines.
    I wouldn't do it today. Did it once in awhile back in the 80's and early 90's.
    May the force be with us.

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  19. #13990

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nasa1974 View Post
    I wouldn't do it today. Did it once in awhile back in the 80's and early 90's.
    Don't get me wrong..You can get most of todays car's ECM's tuned up (reprogrammed) for higher octane for the performance...I was referring to stock set ups..My hummer I had re-tuned for 89 octane and it does show the improvement...GM vehicles are typically under-tuned by 15% to 20%..so there is room for improvement..even Vetts IF YOU CAN IMAGINE.

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  21. #13991

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    Default Re: Oil Slick Stuff

    Quote Originally Posted by nasa1974 View Post
    I used to give my vehicles a taste of high test once in awhile just to clean them out. That was before gas got so expensive.
    That one had Spark Knock on Regular it was a 1982. Hummed like a kitten on Medgrade.



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  23. #13992

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut View Post
    That one had Spark Knock on Regular it was a 1982. Hummed like a kitten on Medgrade.
    That vintage I expect was carbureted instead of EFI, correct me if I'm wrong..and the timing was still pretty simple and engine management was limited..So the timing might of been advanced enough where a higher octane was needed to prevent predetonation. (Knocking or pinging) Ethanoil would have killed an engine like that.

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