AV gas prices

Well it has happened. Local 100LL is $5.60/ gal and is not expected to
decrease. Is there anyone out there using Supreme MoGas in a Lycoming 0320
with 8.5:1 compression? If so what ignition timing changes were needed if
any?

thanks
Stu Fields

On Mon, 28 Apr 2008 21:13:16 -0700, "Stuart & Kathryn Fields"
wrote:

Well it has happened. Local 100LL is $5.60/ gal and is not expected to
decrease. Is there anyone out there using Supreme MoGas in a Lycoming 0320
with 8.5:1 compression? If so what ignition timing changes were needed if
any?

thanks
Stu Fields


bloody hell that is $1 47.9 cents per litre.

how the hell do you get it that cheap?

locally it is $aus1.64 per litre. actually with the last rise it is
probably $1.70 plus.

hey stewie its not $1000 per litre. get a life and go flying.

Stealth (still flying) Pilot

On 29 Apr, 14:24, Stealth Pilot
wrote:
On Mon, 28 Apr 2008 21:13:16 -0700, "Stuart & Kathryn Fields"

wrote:
Well it has happened. *Local 100LL is $5.60/ gal and is not expected to
decrease. *Is there anyone out there using Supreme MoGas in a Lycoming 0320
with 8.5:1 compression? *If so what ignition timing changes were needed if
any?

thanks
Stu Fields

bloody hell that is $1 47.9 cents per litre.

how the hell do you get it that cheap?

locally it is $aus1.64 per litre. actually with the last rise it is
probably $1.70 plus.

hey stewie its not $1000 per litre. get a life and go flying.

Stealth (still flying) Pilot

Swedish government just passed a bill that will put the price of 100LL
at SEK 18 per litre. That is 3 US$ per litre or about 11 US$/gallon. I
heard that US truck drivers are protesting about gasolin prices in the
range of 3-4 $US/gallon. Get a grip, oil is a limited resource and we
all have to pay (much more) for it to appreciate its real value. And
yes, I am still flying, but for how long...

/Lars

On Tue, 29 Apr 2008 06:25:52 -0700, Lars wrote:

tealth (still flying) Pilot

Swedish government just passed a bill that will put the price of 100LL
at SEK 18 per litre. That is 3 US$ per litre or about 11 US$/gallon. I
heard that US truck drivers are protesting about gasolin prices in the
range of 3-4 $US/gallon. Get a grip, oil is a limited resource and we
all have to pay (much more) for it to appreciate its real value. And
yes, I am still flying, but for how long...

/Lars

The problem Lars is the price is artificially inflated to a big degree.
As proof, in the US companies must annually report their profits. Last
year Exxon reported a profit of $4Billion US. Which is the largest profit
of ANY company of ANY product anywhere in the world, including all these
Cartel countries. The problem is one of gouging on the part of certain
companies.
John

Jumpin Jahosaphat wrote:
On Tue, 29 Apr 2008 06:25:52 -0700, Lars wrote:

tealth (still flying) Pilot
Swedish government just passed a bill that will put the price of 100LL
at SEK 18 per litre. That is 3 US$ per litre or about 11 US$/gallon. I
heard that US truck drivers are protesting about gasolin prices in the
range of 3-4 $US/gallon. Get a grip, oil is a limited resource and we
all have to pay (much more) for it to appreciate its real value. And
yes, I am still flying, but for how long...

/Lars

The problem Lars is the price is artificially inflated to a big degree.
As proof, in the US companies must annually report their profits. Last
year Exxon reported a profit of $4Billion US. Which is the largest profit
of ANY company of ANY product anywhere in the world, including all these
Cartel countries. The problem is one of gouging on the part of certain
companies.
John


And in Sweden it is further artificially raised by the government. I'd
just a soon my money go to an oil company rather than a government I can
at least buy stock in an oil company.

That said it is to be expected that if the price of some raw product, in
this case oil, goes up the finished product is going to cost more.

Let's say you sell widgets and on day 1 widg, the raw material of
widgets cost you a $1.00. Your cost to refine widg into widget is $.50.
and you decide you want to make a 50% profit. So you sell your widgets
for $2.25.

Now years later the cost of widg has risen to $3.00 and your cost to
refine has stayed the same (which oil refining hasn't) to $.50. So now a
refined widget costs $3.50 and you wan to make the same 50% on your
money so you have to sell the widget for $5.25.

Jumpin Jahosaphat wrote:
The problem Lars is the price is artificially inflated to a big degree.
As proof, in the US companies must annually report their profits. Last
year Exxon reported a profit of $4Billion US. Which is the largest profit
of ANY company of ANY product anywhere in the world, including all these
Cartel countries. The problem is one of gouging on the part of certain
companies.

Exxon Mobil said its net income for 2007 was $40.6 billion, a record for an
American company.

Royal Dutch Shell made a profit of $27.6 billion last year ($114 billion in
sales sofar this year), the biggest ever for a European company, 1st
quarter profit was $9.08 billion this year.

$89.2 billion in sales for BP, 1st quarter profit of $7.6 billion.

ConocoPhillips $4.14 billion net income for the 1st quarter. Exxon Mobil
and Chevron are both due to report 1st quarter earnings later this week.

They don't call it "black gold" for nut'n...

On Apr 29, 1:23*pm, Darrel Toepfer wrote:
Jumpin Jahosaphat wrote:
The problem Lars is the price is artificially inflated to a big degree.
As proof, in the US companies must annually report their profits. Last
year Exxon reported a profit of $4Billion US. Which is the largest profit
of ANY company of ANY product anywhere in the world, including all these
Cartel countries. The problem is one of gouging on the part of certain
companies.

Exxon Mobil said its net income for 2007 was $40.6 billion, a record for an
American company.

Royal Dutch Shell made a profit of $27.6 billion last year ($114 billion in
sales sofar this year), the biggest ever for a European company, 1st
quarter profit was $9.08 billion this year.

$89.2 billion in sales for BP, 1st quarter profit of $7.6 billion.

ConocoPhillips $4.14 billion net income for the 1st quarter. Exxon Mobil
and Chevron are both due to report 1st quarter earnings later this week.

They don't call it "black gold" for nut'n...

89.2 billion in sales, profit of 7.6 billion - sounds like about a
normal profit for any business. When discussing how much profict a
company makes it should be expressed in percent of gross, not jus the
total amount. Total is meaningless without the underlying gross to
compute the percentage.

Harry K

In article ,
Jumpin Jahosaphat wrote:

On Tue, 29 Apr 2008 06:25:52 -0700, Lars wrote:

tealth (still flying) Pilot

Swedish government just passed a bill that will put the price of 100LL
at SEK 18 per litre. That is 3 US$ per litre or about 11 US$/gallon. I
heard that US truck drivers are protesting about gasolin prices in the
range of 3-4 $US/gallon. Get a grip, oil is a limited resource and we
all have to pay (much more) for it to appreciate its real value. And
yes, I am still flying, but for how long...

/Lars

The problem Lars is the price is artificially inflated to a big degree.

Like with various taxes.

As proof, in the US companies must annually report their profits. Last
year Exxon reported a profit of $4Billion US. Which is the largest profit
of ANY company of ANY product anywhere in the world, including all these
Cartel countries. The problem is one of gouging on the part of certain
companies.
John

Don't be so sure of that.

For starters, look at what companies like that will have to spend in
R&D, developing new field and processes, etc etc etc.

They're not just taking the profits and locking them up in the bank.

If all that profit was returned in gas price reduction it would amount to
about one tenth of a cent per gallon. No one complained all the years they
were loosing money. They also need a large r&d budget to find new oil if the
US politicians weren't so stupid and blocking them from doing their job...


"Steve Hix" wrote in message
...
In article ,
Jumpin Jahosaphat wrote:

On Tue, 29 Apr 2008 06:25:52 -0700, Lars wrote:

tealth (still flying) Pilot

Swedish government just passed a bill that will put the price of 100LL
at SEK 18 per litre. That is 3 US$ per litre or about 11 US$/gallon. I
heard that US truck drivers are protesting about gasolin prices in the
range of 3-4 $US/gallon. Get a grip, oil is a limited resource and we
all have to pay (much more) for it to appreciate its real value. And
yes, I am still flying, but for how long...

/Lars

The problem Lars is the price is artificially inflated to a big degree.

Like with various taxes.

As proof, in the US companies must annually report their profits. Last
year Exxon reported a profit of $4Billion US. Which is the largest profit
of ANY company of ANY product anywhere in the world, including all these
Cartel countries. The problem is one of gouging on the part of certain
companies.
John

Don't be so sure of that.

For starters, look at what companies like that will have to spend in
R&D, developing new field and processes, etc etc etc.

They're not just taking the profits and locking them up in the bank.

"Steve Hix" wrote in message ...

For starters, look at what companies like that will have to spend in
R&D, developing new field and processes, etc etc etc.

They're not just taking the profits and locking them up in the bank.


Profits are stated after all the costs, like R&D, new field developement, etc etc are rolled in...