[xj] Saved $ on fuel!

XJ
1

Guess which station I filled up at today…

http://www.jag-lovers.org/snaps/snap_view.php3?id=1212626374&n4=

Costco – savior of the Common Man (who can still afford $4/gal).
;]
Thus endeth my depressing research into local fuel pricing.–
Alex
79xj6L SII (BRG + wires)
86xj6 SIII (Black)
61 Sprite MkII (Red)
Menlo Park, Calif.

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2

In reply to a message from Cannara sent Thu 5 Jun 2008:

That’s one thing we have in common. Cosco is the place to go
around here for gas also. It’s a little out of the way, but it’s
cheaper by far. I might have to start getting my Techron in a can.–
The original message included these comments:

Guess which station I filled up at today…
http://www.jag-lovers.org/snaps/snap_view.php3?id=1212626374&n4=
Costco – savior of the Common Man (who can still afford $4/gal).
;]
Thus endeth my depressing research into local fuel pricing.

Alex
79xj6L SII (BRG + wires)
86xj6 SIII (Black)
61 Sprite MkII (Red)
Menlo Park, Calif.

–
Jim Legge '85 SIII XJ '96 LR Disco
Washington, DC, United States
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3

In reply to a message from James Legge sent Thu 5 Jun 2008:

Oops ! That’s at least two things we have in common ! (Jag
content) ;^)–
The original message included these comments:

That’s one thing we have in common. Cosco is the place to go

Costco – savior of the Common Man (who can still afford $4/gal).
Alex
79xj6L SII (BRG + wires)
86xj6 SIII (Black)
61 Sprite MkII (Red)
Menlo Park, Calif.

–
Jim Legge '85 SIII XJ '96 LR Disco
Washington, DC, United States
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4

James Legge wrote:

In reply to a message from Cannara sent Thu 5 Jun 2008:

That’s one thing we have in common. Cosco is the place to go
around here for gas also. It’s a little out of the way, but it’s
cheaper by far. I might have to start getting my Techron in a can.

Here’s a site that can tell you where in your zip code the least
expensive gas is. It’s updated frequently… maybe daily. Alas, I
believe it’s U.S. only.

http://tinyurl.com/9pck8

BT

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5

Costco is 300 yards out of the way on my normal drive home, so very convenient for me.

Saved .7c a gallon by getting my gas at Costco, so its well worth joining IMHO.

All you have to do is go to: www.gaspricewatch.com and it will show you the prices in your
area. Never seen anyone even close to Costco’s prices.

JoeOn 5 Jun 2008 at 15:20, James Legge wrote:

In reply to a message from Cannara sent Thu 5 Jun 2008:

That’s one thing we have in common. Cosco is the place to go
around here for gas also. It’s a little out of the way, but it’s
cheaper by far. I might have to start getting my Techron in a can.

The original message included these comments:

Guess which station I filled up at today…
http://www.jag-lovers.org/snaps/snap_view.php3?id=1212626374&n4=
Costco – savior of the Common Man (who can still afford $4/gal).
;]
Thus endeth my depressing research into local fuel pricing.

Alex

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6

One problem with the site below (the MSN site) is that it does not show Costco stores.

JoeOn 5 Jun 2008 at 9:46, Bill Thom wrote:

Here’s a site that can tell you where in your zip code the least
expensive gas is. It’s updated frequently… maybe daily. Alas, I
believe it’s U.S. only.

http://tinyurl.com/9pck8

BT

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7

In reply to a message from Cannara sent Thu 5 Jun 2008:

Alex - As I am sure you will agree, there are many dedicated Jaguar
owners here in Oregon and that Oregon is truly a beautiful state.
(So much for Jag content.) You might not be aware, however, that
Oregon is one of just two states in the USA that does not permit an
individual to pump their own gas - I believe New Jersey is the
other state.

This fact does not seem to affect fuel prices, but it does affect
the paint job around the fillers as kids pumping gas do not
normally care if the nozzle is still dripping gasoline when removed
from the filler!–
The original message included these comments:

Thus endeth my depressing research into local fuel pricing.

–
Bruce Hugo '80 XJ6 SIII
St. Helens, OR, United States
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–
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8

In reply to a message from Cannara sent Thu 5 Jun 2008:

my only question would be:

how much gas did you burn searching for the cheapest gas? :-))

Zurdo–
The original message included these comments:

Guess which station I filled up at today…
Costco – savior of the Common Man (who can still afford $4/gal).
Thus endeth my depressing research into local fuel pricing.
Alex

–
1965 3.8 ‘S’ 1984 XJ-6
Florida, United States
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–
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9

joe@joea.com wrote:

One problem with the site below (the MSN site) is that it does not show Costco stores.

Joe

The MSN site gleans its data every night from a matrix of electronic
sources including credit and debit card transactions, and input from
participating retail chains. I guess Costco isn’t one of them (but if
you have reason so suspect that Costco might be the place, you can
monitor them yourself with a phone call… you don’t need a web site to
do it for you).

The GasPriceWatch site gets its input from volunteers who submit what
they see on the price marquees as they drive around. In my zip code
today, there was no price listing later than 3 days ago, all around
$3.15. According to MSN and my own observation, it’s in fact averaging
about $3.72. This bizarre volatility makes the timeliness of MSN much
more important in my view.

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10

In reply to a message from zurdo sent Thu 5 Jun 2008:

If you think that $4/gallon is dear, think of the Brits in Rip-Off
Britain, where it is at least �5.14/gallon (UK).

OK, 1 UK gal = 1.201 US gal.

So this comes out at being equivalent to �4.27/gal (US), or about
$8.55/gal (US).

Out of this cost to the British motorist, we pay about �0.50 on
fuel duty to the government. Then, adding insult to injury, there’s
the mandatory �0.17 on Value Added Tax. The rest is cost/profit to
the producer.

Despite all this, I’m impressed at my Daimler Double Six V12 HE
returning near to 20mpg (UK). I also carry 20lt worth of jerry cans
to fill up with whatever cheap petrol I find on my regular drive
East to West of England every week.

teddykan–
teddykan
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11

Click the “filter” button on the top and eliminate the prices from more than 1 or 2 days time
frame and it will give you a more accurate reading.

MSN is biased in some of their reporting areas. The day I rely on the “Microsoft network” is a
long way aways. I have their supposed real time data input on my Garmin GPS (its free the
first year) and the difference in what they are saying the fuel prices are and what the fuel is
actually selling for is substancial in many cases.

Yes the prices on gaspricewatch are inputted by users, but at least they are accurate and
live data where listed.

If you want to eliminate the cheapest fuel seller in the area then that’s your choice. I prefer to
save at least 7c a gallon on the fuel I buy. Better to buy more Jag parts with you know!

JoeOn 5 Jun 2008 at 10:47, Bill Thom wrote:

The MSN site gleans its data every night from a matrix of electronic
sources including credit and debit card transactions, and input from
participating retail chains. I guess Costco isn’t one of them (but if
you have reason so suspect that Costco might be the place, you can
monitor them yourself with a phone call… you don’t need a web site to
do it for you).

The GasPriceWatch site gets its input from volunteers who submit what
they see on the price marquees as they drive around. In my zip code
today, there was no price listing later than 3 days ago, all around
$3.15. According to MSN and my own observation, it’s in fact averaging
about $3.72. This bizarre volatility makes the timeliness of MSN much
more important in my view.

BT

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12

Close, but not quite, as the duty is per litre, not per gallon. The fuel
duty is �0.5035 per litre, plus VAT, so the total tax is 69.53p per
litre. At current oil prices, the cost of crude is about 37p/litre, and
you don’t get 1 litre of refined gasoline per litre of crude. Then you
need to add in the cost of refining it, the cost of transportation form
the refinery to the local station, you can see that they is very little
left for the oil company.

Here in Canada the profit margin for refiners is about 2%, so they could
earn more money by closing the refineries and buying government bonds.
Not a lot of incentive to continue in that business is there?

Craig

teddykan wrote:>

Out of this cost to the British motorist, we pay about �0.50 on
fuel duty to the government. Then, adding insult to injury, there’s
the mandatory �0.17 on Value Added Tax. The rest is cost/profit to
the producer.

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13

In reply to a message from Craig Talbot sent Thu 5 Jun 2008:

Craig, your point regarding small return on investment is
well taken and is the usual mantra of the oil companies.
Google Exxon/Mobil and take a look at their 2006 annual
report - the most recent year on the net - and you will seen
in the President’s message to stockholders his euphoric
report that the company’s return on investment for that year
was 39%!

If I could realize such a return, I’d be buying more Jaguars!–
The original message included these comments:

Here in Canada the profit margin for refiners is about 2%, so they could
earn more money by closing the refineries and buying government bonds.
Not a lot of incentive to continue in that business is there?

–
Bruce Hugo '80 XJ6 SIII
St. Helens, OR, United States
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–
–Support Jag-lovers - Donate at http://www.jag-lovers.org/donate04.php –

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14

In reply to a message from Bruce Hugo sent Thu 5 Jun 2008:

All:

Yes, I have a costco about 15 miles away. so, I have not seen what
their pump price is. And, I haven’t figured out if the costbenefit
is there as I rarely go into that part of our county. Costco has a
membership fee as well. So, possibly I could mix in other shopping
and make it worth a trip. It’s not a very scenic trip either!!!

Alex’s post with the Wikipedia link on Hypwermiling is interesting.
I already did part by raising the tire pressure on our cars to 33
pounds. Perhaps, I will try some more. But, there is a point of
diminishing return. Tire and suspension wear in exchange for fuel
economy??

In respect investment over refining crude, I wouild offer the
following:

You must have a source of money to invest. As long as they can stay
in the black or close to it, the enormous cash flow can be very
tidily invested. If you shut down and rely only on investment
return, you reduce the net. As fuel will sell, it can smooth out
any investment spikes.

Most, if not all property and casualty insurance companies rely on
that concept. Few manage an operating profit. But, if they can stay
close, the cash flow is invested and returns an overall profit so
that dividends can be paid to the stock holders. Not many companys
can survive without dividend payments. I am personaly ware of one
that does!!!

Doing errands in the Jaguar yesterday. I entered an intersection by
making a right turn, I noticed the car approaching from my left was
going faster than I judged him to be going, so I applied a bit of
throttle to ‘‘get the h… out of the way’’. Worked fine and felt
great, except for my mental image of what the inoperative trip
computer read out would have would been!!!

I have a miserable cold or is it allergies, no matter the result is
lousy. Wife and daughter are plying me with electrolyte drinks with
a high content of vitamin C. My entreaties for a mint julep or a
brandy are refused!!

Carl–
The original message included these comments:

Here in Canada the profit margin for refiners is about 2%, so they could
earn more money by closing the refineries and buying government bonds.
Not a lot of incentive to continue in that business is there?

–
Carl Hutchins
Walnut Creek, California, United States
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15

In reply to a message from Cannara sent Thu 5 Jun 2008:

I just filled up at Costco for $4.09 a gallon in NY. I would have
paid $3.89 a gallon in NJ but I did not feel like waiting on line
forever on my way into NYC.–
JASON H
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16

Exxon is probably a poor example, because they are such an integrated
company, with interests in many industries and many companies. The
refining end of the business is very low margin, and that’s all I was
looking at.

Obviously, right now if you’re a producer its a great time to be in
business as prices are high. It hasn’t always been that way, and those
of us in the industry remember the lean times of the mid to late 80’s
when oil was $12 a barrel. In my city many people lost their houses when
they were laid off, and there were whole neighbourhoods that were
basically abandoned. Block after block of houses with no-one living in
them, repossessed by the banks. Oil has always been a boom and bust
industry, you put money away when times are good, because they won’t
always be this good.

Craig

Bruce Hugo wrote:>In reply to a message from Craig Talbot sent Thu 5 Jun 2008:

Craig, your point regarding small return on investment is
well taken and is the usual mantra of the oil companies.
Google Exxon/Mobil and take a look at their 2006 annual
report - the most recent year on the net - and you will seen
in the President’s message to stockholders his euphoric
report that the company’s return on investment for that year
was 39%!

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17

In reply to a message from Craig Talbot sent Thu 5 Jun 2008:

Or clean hydro IPP bonds! We are paying 6.55%…
:slight_smile:
-Chris–
The original message included these comments:

Here in Canada the profit margin for refiners is about 2%, so they could
earn more money by closing the refineries and buying government bonds.

–
Chris Los 1989 V12 Vanden Plas
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18

I always loved the Hess station on Rt. 46 in Mountain Lakes!

We thought, a few years back, of creating a Jaglovers Strategic Fuel Reserve,
which could be used to secure long-term, cheap contracts for us all.–
Alex
79xj6L SII (BRG + wires)
86xj6 SIII (Black)
61 Sprite MkII (Red)
Menlo Park, Calif.

JASON H wrote:

In reply to a message from Cannara sent Thu 5 Jun 2008:

I just filled up at Costco for $4.09 a gallon in NY. I would have
paid $3.89 a gallon in NJ but I did not feel like waiting on line
forever on my way into NYC.

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19

Aha, more myths to conquer! Having a friend who’s worked at Exxon since well
before it merged with Mobil, the source of Exxon’s (and others) record profits
are clear, and their execs couldn’t think of a better business to be in. Just
imagine running a company which has made more net profit per quarter than any
other US company, ever…

"2/1/2008 CNNMoney – Exxon Mobil made history on Friday by reporting the
highest quarterly and annual profits ever for a U.S. company, boosted in large
part by soaring crude prices…fourth-quarter net income rose 14% to $11.66
billion, or $2.13 per share. The company earned $10.25 billion, or $1.76 per
share, in the year-ago period. The profit topped Exxon’s previous quarterly
record of $10.7 billion, set in the fourth quarter of 2005, which also was an
all-time high for a U.S. corporation…revenue rose 29.5% from a year ago to
$116.64 billion.

Exxon also set an annual profit record by earning $40.61 billion last year -
or nearly $1,300 per second in 2007. That exceeded its previous record of
$39.5 billion in 2006.

…in its worldwide exploration and production, or “upstream,” business…
Profit rose 32% to $8.2 billion during the quarter… Income in Exxon’s
refining, or ‘downstream’ business rose 15.7% during the quarter to $2.27
billion."

Imagine owning a business in which you make more $ every time your raw
material cost increases!

Personally, I like the “per second” numbers best. My friend is partly
responsible for that, because he has to optimize shipping operations – where
to buy crude or other petro product to load into a ship, and where to deliver
that product to, you guessed it, make the most $.

Some refiners may complain. but Costco is able to sell fuel for $.20 or more
below what Exxon, Shell, etc. retail it for simply because Costoc develops
long-term contracts with refiners. So, if the refiners can make $ from
Costco, they can surely make money from retail stations, especially if owned
by their own brand.

No one in the oil industry needs any sympathy just now.–
Alex
79xj6L SII (BRG + wires)
86xj6 SIII (Black)
61 Sprite MkII (Red)
Menlo Park, Calif.

Craig Talbot wrote:

Close, but not quite, as the duty is per litre, not per gallon. The fuel
duty is �0.5035 per litre, plus VAT, so the total tax is 69.53p per
litre. At current oil prices, the cost of crude is about 37p/litre, and
you don’t get 1 litre of refined gasoline per litre of crude. Then you
need to add in the cost of refining it, the cost of transportation form
the refinery to the local station, you can see that they is very little
left for the oil company.

Here in Canada the profit margin for refiners is about 2%, so they could
earn more money by closing the refineries and buying government bonds.
Not a lot of incentive to continue in that business is there?

Craig

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20

There was just an expose on the news here about Garminized gas prices –
they’re based on credit-card receipts, which are often not uploaded to the
control site until evening. As a result, the news folks driving around this
area were having a great time going to stations taping and showing their
operators what Garmin/MSN said, and all having a great laugh.
;]
Around here, no one beats Costco.–
Alex
79xj6L SII (BRG + wires)
86xj6 SIII (Black)
61 Sprite MkII (Red)
Menlo Park, Calif.

joe@joea.com wrote:

Click the “filter” button on the top and eliminate the prices from more than 1 or 2 days time
frame and it will give you a more accurate reading.

MSN is biased in some of their reporting areas. The day I rely on the “Microsoft network” is a
long way aways. I have their supposed real time data input on my Garmin GPS (its free the
first year) and the difference in what they are saying the fuel prices are and what the fuel is
actually selling for is substancial in many cases.

Yes the prices on gaspricewatch are inputted by users, but at least they are accurate and
live data where listed.

If you want to eliminate the cheapest fuel seller in the area then that’s your choice. I prefer to
save at least 7c a gallon on the fuel I buy. Better to buy more Jag parts with you know!

===================================================
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