OT Oil Prices down to $1 a barrel!

Discussion in 'Blazers OT Forum' started by magnifier661, Apr 20, 2020.

  1. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I dunno, I'd rather get all gas I think. When they are in all electric mode they are cool, but as hybrids they get super fucking laggy
     
  2. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Oh I didn’t know that
     
  3. riverman

    riverman Writing Team

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    electric wheelchair.jpg
     
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  4. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    You can get used ones for way cheaper
     
  5. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Used what? Tesla?

    I wouldn't touch a used one with a 10 ft pole.
     
  6. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Oh lol
     
  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    IF I were to get one, I'd get the one with full auto-driver. The one where you can have it automatically come to you and shit like that.

    More likely getting a compact SUV next though.
     
  8. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    It would be cool if they could drive off and go charge themself.
     
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  9. e_blazer

    e_blazer Rip City Fan

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    I suggested a guy do that once. He slugged me.
     
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  10. SharpesTriumph

    SharpesTriumph Well-Known Member

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    Having a charger at home isn't that expensive to "fill up"... just a few dollars per fill and you save the time of having to wait around a supercharging station. I'd rather the car charge while I'm sleeping and then I can do whatever I want with my day. Now if you happen to be traveling far or are near a supercharger for something else sure use the "free" fill from an $80k car is a benefit.

    If you have large gas costs in the future one idea is just buy correlating investment in oil 1+1.5+2 years out. Right now its cheap. Then if the price of oil (and gas) go back up your investment made cash to offset rising fuel cost. If oil stays crazy cheap your investment doesnt make money or heck even loses a little but your gas costs will be very cheap.
     
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  11. SharpesTriumph

    SharpesTriumph Well-Known Member

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    Actually just buying the UGA ETF fund might be a way to do this.. or options on that fund... heck I might look at doing this myself its basically like locking in cheap gas prices.
     
  12. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    My longer term plan is to buy a place in Las Vegas while keeping my apartment in LA. That means I'll be driving from LA to Vegas twice a month. So I was wondering if getting a Tesla is cost effective, especially in light of free supercharging over the long term. Autopilot would also be pretty nice for something like that as well.

    Initial thought is no, and its cheaper to get like a $20k gas effective car that's reliable. Need to run the numbers though.
     
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  13. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Going to Vegas 100%. Tesla purposely put super stations on that route in key areas.
     
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  14. SharpesTriumph

    SharpesTriumph Well-Known Member

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    Getting a gas car will be much cheaper. Buy a Tesla if you want to blow money on a luxury toy; not to save money. Twice a month is not crazy miles. Now if your saying you'll put on 60,000 miles a year buying a brand new car and selling it in 12 months can actually be cheaper than a used car. But even there I suspect gas will be cheaper than a Tesla.
     
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  15. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Yeah, I would rather use the money for more house
     
  16. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Cost effective would be buying the apartment right next to yours instead of something in Vegas.

    barfo
     
  17. SharpesTriumph

    SharpesTriumph Well-Known Member

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    Ha, yes the fuel cost would be $0.
     
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  18. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Nah, I can claim Nevada residency (no state income tax) and write off my apartment as a biz expense.

    Mortgage on a house would also be less than rent.
     
  19. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Ok, that's an excellent point.

    barfo
     
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  20. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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