gas prices...

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I can still get ethanol-free premium here for $3.71 here. Not too bad,but not great either. I think I paid $4.43 for 93 octane in Atlanta back in '08.

I expect a big jump here really quickly!
 
Well, unless people do something drastic, gas prices are heading toward 5 dollars, regardless of what you do.


You know what they say about power and money..
 
Originally Posted By: grampi
Gas prices have jumped anywhere from $.45 to $.60 in just the last 5 days...the dollar hasn't lost that much value in 5 days, it's nothing but pure greed on the part of the oil industry and specualtors...


No this is hope and change....change is all you will have left...I hope
crackmeup2.gif
 
It doesn't cost that much to fill up any of the cars in my stable. I was on 1/2 a tank and filled up last night, $21.

Control what you can. Get a car that uses less fuel.

I think my wife's Altima wouldn't be more than $70 to fill up if you took it down dangerously close to the WALK mark on the gas gauge.

It can't be too expensive yet. I'm still getting passed by single occupant SUVs on the freeway.

Originally Posted By: tgferg67
I'm surprised how many are ok with it costing a c-note to fill up.
 
It's a world market. We are EXPORTING gasoline now. We used to import finished gasoline. Now we export it because they can get more for it selling it to other countries than selling it here.

So oil is shipped here, we refine it and ship some of the gasoline elsewhere.

Also, a number of refineries have gone offline. Weren't we talking about Sunoco getting out of the refinery part of the business? I thought someone would pick up their refineries, but perhaps not.
 
Demand is down. Supply is up. Prices should be low.

Screw the world economy, why aren't we taking care of ourselves?

All the oil produced here should be subject to a HUGE export tax to force the greedy oil jerks to sell it here first.

Our "public servants" are not serving us.
 
Originally Posted By: Whimsey
Supply & demand! If we allow drilling and production for our own plentiful fossil fuel we will drive the world price down. I believe this happened with a previous administration.

Whimsey


We are swimming in supply, so supply and demand have nothing to do with it. And we can produce all we want, but as long as the U.S. exports the fuel we produce, it isn't going to help lower our prices one iota.
 
Here is a video of a segment from last night's NBC Nightly News about gas prices:

http://www.msnbc.msn.com/id/3032619/#46505223

They have an oil trader speaking about the gas prices near the end of the segement. Sure is funny how all he says is that there is "a lot of financial input in the market". He should have come right out and admitted the truth, that speculation and greed are driving up the gas prices and they are using the Iranian situation as an excuse.

Even the newscast says production is up and our consumption is down, so NBC news wonders why the price is so high. Maybe if there is enough media attention it can help to burst the speculators' gas bubble and prices will go back to normal again. Maybe.
 
Originally Posted By: SteveSRT8
Demand is down. Supply is up. Prices should be low.

Screw the world economy, why aren't we taking care of ourselves?

All the oil produced here should be subject to a HUGE export tax to force the greedy oil jerks to sell it here first.

Our "public servants" are not serving us.


True freedom is being told who to sell your product to.
 
Originally Posted By: grampi


We are swimming in supply, so supply and demand have nothing to do with it. And we can produce all we want, but as long as the U.S. exports the fuel we produce, it isn't going to help lower our prices one iota.


It's going to help the Dollar a lot, which in the mid term will fix stuff when "they" figure it out.

Exporting finished product adds value. We're still importing a lot of crude.

With this mild winter, #2 and distillates are due for a crash. IDK about natural gas: if multi-fuel electric utilities are sucking up what's not being used for heat. Noone's discussing the weather or the tankers idling offshore waiting to unload.
 
Originally Posted By: eljefino
Originally Posted By: grampi


We are swimming in supply, so supply and demand have nothing to do with it. And we can produce all we want, but as long as the U.S. exports the fuel we produce, it isn't going to help lower our prices one iota.


It's going to help the Dollar a lot, which in the mid term will fix stuff when "they" figure it out.

Exporting finished product adds value. We're still importing a lot of crude.

With this mild winter, #2 and distillates are due for a crash. IDK about natural gas: if multi-fuel electric utilities are sucking up what's not being used for heat. Noone's discussing the weather or the tankers idling offshore waiting to unload.


Who's Noone?
 
Originally Posted By: D189379
Originally Posted By: SteveSRT8
Demand is down. Supply is up. Prices should be low.

Screw the world economy, why aren't we taking care of ourselves?

All the oil produced here should be subject to a HUGE export tax to force the greedy oil jerks to sell it here first.

Our "public servants" are not serving us.


True freedom is being told who to sell your product to.

Adding export taxes doesn't limit who you can sell too, but it might limit who buys from you...
I think Canada should have an export tax on all raw materials as well to promote value added businesses that actually employ some people.
 
Originally Posted By: eljefino
^ I am not seeing anyone discussing anything potentially positive about fuel prices.


What's positive about prices to discuss?
 
Originally Posted By: lexus114
This is all a big political game, thats all it is. Watch how fast it comes down as we get closer to the election.
smirk.gif



It DID go down fast before last election (2008), but I guess it was not fast enough?
 
Switching to Natural Gas would allow for more stable fuel prices, as Nat Gas needs to be converted to LNG for export. As there is a high barrier to entry for LNG, the US could fuel a whole lot of cars on locally sourced Nat. Gas.

This sort of effort can be accomplished quickly with government support. When I lived in Thailand, the availability of CNG exploded in just a few years with the government encouragement.
 
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