Wondering how modern tankless perform?
In my childhood I had to wait a minute or more to get warm water to the shower.
BMW against short-term measures by the German government
- Thread starter edyvw
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In my childhood I had to wait a minute or more to get warm water to the shower.
I like natural gas and its cheap. But the reason its cheap is that its a byproduct of oil production, and we produce a lot of oil.
If oil gets too cheap (and its getting there now) there will no longer be competitive reasons to keep drilling shale wells, so gas supply might decrease and no longer be cheap. Will take a long time - we still flare a lot - I am talking decades possibly even, but its doubtful it will be this cheap forever.
The issue however is gas is the number one thing used to produce electricity here - so were hosed either way.
If oil gets too cheap (and its getting there now) there will no longer be competitive reasons to keep drilling shale wells, so gas supply might decrease and no longer be cheap. Will take a long time - we still flare a lot - I am talking decades possibly even, but its doubtful it will be this cheap forever.
The issue however is gas is the number one thing used to produce electricity here - so were hosed either way.
It depends on the length of the water line. Mine is in the garage. The closest sink has hot water in about 15 seconds. The longest is closer to a minute.
Given there likely heavily subsidized by the CCP, not likely.
Our home is small and the tankless water heater is close to the kitchen and 2 bathrooms. It takes less than a minute to get hot water. These things are very popular here due to our high energy costs; we will do anything to lower energy use. I would not go back to a tank style. My guess is, they have improved since I installed ours years ago.
I think the installed cost was 3x over a conventional tank water heater and I had a plumber friend do most of the work.
I feel like my tank system takes a similar amount of time. Like you mentioned, the length from the hot water source seems to be more of a factor that the heat source.
edyvw
$50 site donor 2025
Saudis killed fracking 10 years ago by pumping excessive oil, and with that, bankrupting numerous small companies in the US. I think at that time, to break even, they needed the price of the barrel at $75. Could be less today.
People don't understand that it is actually in their interest to have gas above $2.50 for a gallon.
I guess I am really lucky to pay $5!!!!
edyvw
$50 site donor 2025
Well, I would say you guys there are "unique" case.I guess I am really lucky to pay $5!!!!
I did not say anything how much is added in taxes to a price.
Taxes are a component, but they hardly explain why I paid $1 less per gallon not even 2 months ago. Fluctuation is crazy; we just pay and pay.
I pay less attention because I drive the Model 3. But I use the Tundra quite a bit because I like it.
I fill the GS and RX hybrid for wifey once or twice a month. You wonder why hybrids and EVs are so popular here.
It is also important to remember wages tend to be higher here, so gas prices, while steep, may not be quite as bad as they sound.
Unique is spot on; there is no place in the world like Silicon Valley.
Yes, same today, although I have heard the number now is somewhere in the $60 - $65 dollar mark. Its been hovering below $70 recently. The Saudis had been holding 1M BBD off the market to try to push prices up, but they just announced yesterday that they are going to end that again, so possibly look out below.
The difference now is a lot of the small companies have been acquired by much larger companies. Exxon, Chevron and Diamondback all have large shale operations and deep pockets. However at the point its no longer profitable to drill, they don't drill.
West coast has its own problem because its not connected to the rest of the US system. So yours is coming from Canada or middle East. Different dynamics, different transport costs, etc.
edyvw
$50 site donor 2025
I saw that. The first thing I thought was that they were going after fracking.
Yes, big corporations are more resilient to these price oscillations, but everything has limits. On other hand, Saudis run this as family business, they can take a hit in order to gain long term advantage.
Growing up in WNC back in the 1970-1990 our houses were all electric some with a heat pump.
edyvw
$50 site donor 2025
The problem is not only tax on gas. The problem are other expenses that the gas station owner has to absorb, starting with real estate taxes, etc.
Yes, Saudis fund there whole country on oil revenue. They like $95 - $105 per barrel as there target. They can live with $90. If they can't have $90 they will try to run everyone else out of business, and they often can.
edyvw
$50 site donor 2025
I think since we moved to ULSG they are buying a lot from other parts. Before other states moved to ULSG the primary source was South Korea to make up for the lack of refining capacity.
As for crude, I'm not sure what the primary source is, but it adds up.
Depends on water hardness. Annual maintenance can be easy or not.
My point is the fluctuation. Taxes don't change constantly.
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