White House Considering Emergency Oil Release



Unarmed Gunman said:
Different state taxes and regulations have a big effect on the regional price differences.
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Even across town? The differences I was questioning were both in the same city, within 10-15 miles of each other, and were of a significant amount per gallon.
 
vgeek said:
$1000 for the conversion kit, tank, and rack would be ideal, at $4 for gas and $1.25 for CNG, the cost would be recovered in 18 months or less. But what turned me off when I was researching it was the lack of stations and the cost of compressors. I saw about the "Phill" system, but people trash talking it on a few of the forums. Say CNG Refueling Compressor DMC-3/200 (3.0Nm3/h) | eBay for example. What is the best way to get the liquefied natural gas to it? Will the gas company leave tanks for you to hook up to it, or do you tie it into the house's supply? I'm guessing it wouldn't be as cost effective to use the house's supply because of the ridiculous gas recovery fees and other surcharges, but it would be more convenient.


Also, from the maps I've seen, why is there such a disparity in price? In Indianapolis there are prices from .88-$2 GGE, is the market that illiquid that the prices vary that much?
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Depends on infrastructure.

Many states have natural gas infrastructure set up so you just plug the compressor into your wall and just pay at the end of every month for the gas you use.

Who is using liquidfied NG to CNG? Every station I've seen just has a low pressure NG line running to it.
 
schockergd said:
Depends on infrastructure.

Many states have natural gas infrastructure set up so you just plug the compressor into your wall and just pay at the end of every month for the gas you use.

Who is using liquidfied NG to CNG? Every station I've seen just has a low pressure NG line running to it.
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I may be mistaken on how it is transported or delivered. I'd assume the compressor would go in the garage or outside, so there is an additional cost of routing piping to the garage. Do you get the $1-1.25 GGE rate from your home utility company, or would it be higher? I figured to get the lower rate you would have to go to a wholesaler or sign some sort of volume agreement with your local dealer.
 
vgeek said:
I may be mistaken on how it is transported or delivered. I'd assume the compressor would go in the garage or outside, so there is an additional cost of routing piping to the garage. Do you get the $1-1.25 GGE rate from your home utility company, or would it be higher? I figured to get the lower rate you would have to go to a wholesaler or sign some sort of volume agreement with your local dealer.
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I'm on a variable rate right now, it costs 80 cents to $1 per GGE excluding the compression costs (electricity) which I am told are quite low. If you used a good deal of natural gas, you could likely get a commercial rate which would be even lower than what my current quote is.

The cost to route the piping is negligible, maybe $250 or so to place it in a garage or some such.
 
I had to write a paper on this once in college and I'm pretty certain that the oil reserves would only fuel this country for a couple days if they were released. Its not like the United States has billions upon billions of oil stacked out in a warehouse somewhere.
 
schockergd said:
I think they've already released quite a bit of it already.

The strategic oil reserve has enough oil to impact the price of gasoline by about 25 cents or so for one week or two. After that it will be higher than before. We don't have THAT much oil in reserve when all things are considered.
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Where did you come up with that nonsense?

Oil reserves in the United States - Wikipedia, the free encyclopedia
Proven oil reserves in the United States are 21 billion barrels (3.3×109 m3), excluding the Strategic Petroleum Reserve. The Institute for Energy Research estimates the total volume of technically recoverable oil reserves in all areas of the United States (including technically recoverable oil from shale) to be 1.442 trillion barrels of oil. [1] Excluding unconventional reserves (ie shale, tar sands, etc), the Energy Information Administration estimates United States technically recoverable oil reserves to be 198 billion barrels. [2]
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The reserves-to-production ratio (R/P) equaled 11.26 years in 2007. The ratio was 11.08 years in 1970. It hit a trough of 8.49 years in 1986 as oil pumped through the Alaska pipeline began to peak.[5]
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marketer23 said:
I had to write a paper on this once in college and I'm pretty certain that the oil reserves would only fuel this country for a couple days if they were released. Its not like the United States has billions upon billions of oil stacked out in a warehouse somewhere.
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This isn't to replace a totally stopped supply line though... Just to bring down the cost of oil to the voters by a few cents... Could last for months or a year that way. (He'd only need until November 6th.)
 
Who cares about gas prices when you have a driver that takes you everywhere?

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