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Old 03-08-2017, 03:50 PM   #61
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Thanks. I was not aware of these. Looks like they are all larger vehicles in order to justify the higher cost.
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Old 03-08-2017, 04:00 PM   #62
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Right, and it's the right thing to do. You get a lot more payback from a truck that runs 8-12 hours a day, instead of a private vehicle maybe running maybe 1 hour a day.

Plus, that big truck gets something like 3 mpg, it uses a lot of fuel, so any improvement saves a lot of fuel. Improving the mpg of a car that already gets 20-30 mpg doesn't save many gallons per year.

Here's a good interview with Ian Wright:



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Old 03-08-2017, 04:33 PM   #63
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About the original assertion that oil prices will never again reach $100, although this may be true, IMO it would be a very risky bet. Things have a way of refusing to stay within the bounds of an individual's current imagining.

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Old 03-08-2017, 05:06 PM   #64
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Quote:
Originally Posted by haha View Post
About the original assertion that oil prices will never again reach $100, although this may be true, IMO it would be a very risky bet. Things have a way of refusing to stay within the bounds of an individual's current imagining.

Ha
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Old 03-08-2017, 06:13 PM   #65
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"Oil prices will never again reach $100".

Never is a long time. On the other hand, I do not know when it will pick up again. Hence, I do not bet either way. Speaking of investments, right now I have only a bit of the more benign energy stocks, so that I will not forget about this sector. It may be dead money for a while.
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Old 03-08-2017, 06:41 PM   #66
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Quote:
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About the original assertion that oil prices will never again reach $100, although this may be true, IMO it would be a very risky bet. Things have a way of refusing to stay within the bounds of an individual's current imagining.

Ha
Here is a warning it worth to take a look at
IEA warns of potential shortage of global oil supplies in 3 years - MarketWatch
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Old 03-09-2017, 09:26 AM   #67
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That number of 75 mpg applies to a diesel version of the Peugeot 308. I have never driven a diesel car, but that seems awfully good too.
You should count on 45 to 35 mpg.
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