02-24-2011, 10:58 AM | #1 |
|
Effect of oil prices on the ZL1
I am curious what everyone thinks. Analysts are going crazy now because of the turmoil in Libya and are claiming that oil prices could reach $240 a barrel which would likely mean a price at the pump of just under $10 per gallon.
I personally think that it is a lot of overreaction at this stage of the game. I do believe oil prices are going to go up significantly due to this, however I'm expecting more in the range of $5 per gallon maybe $6 at most. However the question is that if gas prices do sky rocket, do you think it would effect GM's decision to release the ZL1? Would it stop you from buying one? Personally things would have to get really really bad to stop me.
__________________
MBRP Catback/Magnaflow Resonated X/Airraid V2 CAI/Dash ABL/Interior LEDs/Custom Paint/Jet Coated American Racing LT Headers/High Flow cats/Trifecta Tune |
02-24-2011, 11:04 AM | #2 |
Account Suspended
Drives: nothing Join Date: Nov 2010
Location: a hole
Posts: 17,906
|
We survived it in 2008 so even though high gas prices add to our everyday stuggles we will get through. Anyone who is a big fan and can afford a ZL1 isn't going to take gas prices into consideration so the dealers will still mark the ZL1 way up as planned. As for me if the gas prices climb upto $8.00 per gallon and up, I will just drive 1/2 as much, problem solved.
|
02-24-2011, 11:06 AM | #3 |
Account Suspended
Drives: '11 Mustang GT Premium Join Date: Oct 2010
Location: Kaiserslauthern, Germany
Posts: 1,268
|
There has never been peace in Libya, nor anywhere in the middle east... why would it affect gas prices anymore than usual. It sounds like liberal media "Oh No's" to me for a ratings boost...
|
02-24-2011, 01:46 PM | #4 |
Account Suspended
Drives: nothing Join Date: Nov 2010
Location: a hole
Posts: 17,906
|
|
02-24-2011, 01:50 PM | #5 |
Petro-sexual
|
Every chance they get...
I think people who buy ZL1 don't care about the price of gas, though I see the point. I know it won't matter to me, because this ain't going to be my DD. I drive my truck pretty conservatively as it is, and I'll have $5/gallon gas, but we gotta' do what we gotta' do. I hate regulation, but how much do we have to get raped over stuff like this?
__________________
'20 ZL1 Black "Fury" A10, PDR, Exposed CF Extractor Magnuson Magnum DI TVS2650R // RFBG // Soler 103 // TooHighPSI Port Injection // THPSI Billet Lid // FF // Katech Drop-In // PLM Heat Exchanger // ZLE Cradle bushings // BMR Chassis-Suspension Stuff // aFe Bars // Diode Dynamics LEDs // ACS Composites Guards // CF Dash // Aeroforce // tint // other stuffs |
02-24-2011, 01:52 PM | #6 |
Go Blue!!!!!
Drives: 2012 Cruze LT Join Date: Mar 2009
Location: Indiana
Posts: 23,290
|
|
02-24-2011, 01:56 PM | #7 |
Banned
Drives: 2003 Cobra Convertible Join Date: Feb 2009
Location: CA
Posts: 2,925
|
It has nothing to do with "liberal" or "conservative". It has to do with TV/news media selling a product (air time, commercials, ads, etc.) to bring in money.
|
02-24-2011, 02:00 PM | #8 |
Petro-sexual
|
Please be careful with where this goes I don't know the intent of the message you're quoting, but I'm sure we'll get clarification. This won't get into a political debate though; they never end well. I kinda' see what he might be saying, but leaving "liberal" out would've been better.
__________________
'20 ZL1 Black "Fury" A10, PDR, Exposed CF Extractor Magnuson Magnum DI TVS2650R // RFBG // Soler 103 // TooHighPSI Port Injection // THPSI Billet Lid // FF // Katech Drop-In // PLM Heat Exchanger // ZLE Cradle bushings // BMR Chassis-Suspension Stuff // aFe Bars // Diode Dynamics LEDs // ACS Composites Guards // CF Dash // Aeroforce // tint // other stuffs |
02-24-2011, 02:18 PM | #9 |
Drives: 1998 Z-28 (SOLD) Join Date: Aug 2009
Location: Cordova, TN
Posts: 24
|
Could care less, I am still buying it! I want my V8s so bring on the Dinos!
|
02-24-2011, 02:20 PM | #10 |
|
Yeah to bad the DRILL HERE DRILL NOW group did not win huh
|
02-24-2011, 02:32 PM | #11 | |
Booooosted.
|
Quote:
I'm no conspiracy theorist, nor do I claim to be 'Will Hunting' but simple math is ....... well......... pretty simple. If we had our own oil reserves flowing, we could be independent of foriegn oil. Why have we not been pumping to do this? Media? No, it goes deeper than media. It sure isn't the conservatives. It seems pretty simple to me. We have a ton of ready, willing, and able men and women who would love to get on it. There would be NO shortage of companies willing to get on it. Yet we don't. There is a ton of money to be made in the private sector with alternative energies, and they will be discovered and refined. In the mean time it would be beneficial to us to get some of this debt down by DRILLING......... Less payouts, more taxes to be collected due to more revunue generated HERE in America. Plus MUCH less cost of goods and easier at the pump. It's not the conservatives stopping this. |
|
02-24-2011, 02:38 PM | #12 |
Camaro6 2016-2018
Drives: sometimes Join Date: Mar 2008
Location: Phoenix
Posts: 18,450
|
__________________
|
02-24-2011, 02:38 PM | #13 |
Drives: 2013 ZL1 IOM Vin #169 Join Date: Jan 2011
Location: Maryland
Posts: 1,953
|
The ZL1 will still be produced regardless of the current or future prices of high octane gas.
I will still be purchasing this car regardless of the price of gas next year. When its time to bury me make sure my ZL1 is my casket and it has a full tank of high test, just in case I feel like driving it in the after life . |
02-24-2011, 02:41 PM | #14 | |
Go Blue!!!!!
Drives: 2012 Cruze LT Join Date: Mar 2009
Location: Indiana
Posts: 23,290
|
Quote:
times a FREAKING MILLION!!!!!!!!! |
|
|
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Elite Engineering PCV Oil Catch Cans | Instock | Best Prices with Free Shipping! | JDP Motorsports | V8 Bolt-Ons & Tunes | 137 | 08-13-2014 03:06 PM |
Great Read and Info on Oil Weight | Banshee | Mechanical Maintenance: Break-in / Oil & Fluids / Servicing | 1 | 11-23-2009 09:03 PM |
Major U.S. oil source is tapped | KILLER74Z28 | Off-topic Discussions | 32 | 10-30-2007 09:47 AM |