Gas prices going up

[cranny]

They have shot up in recent weeks, I think they said the national average for the cheap stuff is around $2.72 a gallon. So what should people make of this?
Absolutely nothing. First of all, people should spend time complaining about things they can actually do something about. Second, the price of gasoline is artificially high. Not because oil companies are conspiring to jack up the price, but because government is doing everything in its power to keep the price of gas high.
For instance, we could drill for more oil. More oil domestically produced would reduce our dependence on foreign sources of energy. But the leftist enviro-crazies won't allow that. Drilling in ANWR? Forget it. Then you have the issue of refining the oil into gasoline. Not one single refinery has been built in the last 30 years.
The result: the refineries we do have are running at full capacity. They can't produce enough gasoline to keep up with demand, so the price shoots up in the summer. It also doesn't help that those refineries have to produce several different blends to appease the environmentalists around the country. Then there's taxes. People don't notice because it's rolled into the price of a gallon of gas, but between federal, state and local taxes, the government is taking 40-50 cents a gallon. So just remember....as you fill up your SUV this summer and pay $3.50 a gallon, the silent hand of government is what is causing the price to be so high. No other reason.

 

[hamstershaver]

it seems to go up 5 cents a day

 

[Smurfy]

I thought it was going up because they are changing the additives in it.

 

[HiDnGoD]

They have shot up in recent weeks, I think they said the national average for the cheap stuff is around $2.72 a gallon. So what should people make of this?
Absolutely nothing. First of all, people should spend time complaining about things they can actually do something about. Second, the price of gasoline is artificially high. Not because oil companies are conspiring to jack up the price, but because government is doing everything in its power to keep the price of gas high.
For instance, we could drill for more oil. More oil domestically produced would reduce our dependence on foreign sources of energy. But the leftist enviro-crazies won't allow that. Drilling in ANWR? Forget it. Then you have the issue of refining the oil into gasoline. Not one single refinery has been built in the last 30 years.
The result: the refineries we do have are running at full capacity. They can't produce enough gasoline to keep up with demand, so the price shoots up in the summer. It also doesn't help that those refineries have to produce several different blends to appease the environmentalists around the country. Then there's taxes. People don't notice because it's rolled into the price of a gallon of gas, but between federal, state and local taxes, the government is taking 40-50 cents a gallon. So just remember....as you fill up your SUV this summer and pay $3.50 a gallon, the silent hand of government is what is causing the price to be so high. No other reason.

Their are predictions that our gas, in Canada, will hit $1.50 per liter this summer. That's around $5.37 U.S.D. per gallon.

 

[biteme]

It's a scam. I'll never believe otherwise.

 

[Sanel27]

Damn, today it took me about $60 to fill up my Mustang............and damn V8 sucks up gass like Needto drinks beers......................need refill every other day lol

and BTW: its about 3.29 for premium here in NY, and thats in cheap areas

 

[velvett]

Their are predictions that our gas, in Canada, will hit $1.50 per liter this summer. That's around $5.37 U.S.D. per gallon.

Unfortunately the price of gas in the US and outside the US (Canada, Europe, etc) can't be compared to the US because the tax on the gas is calculated differently and for different reasons.

But that's a whole 'nother thread.

Gas from what I can tell has gone up about 65 cents a gallon in the past 4/5 months.

I can bitch about it but I can't change it.

But I can bitch about the comparisions betwen liters and gallons......

 

[eat big]

Ask pintoca how much a liter of gas costs. More than a gallon I think.

 

[velvett]

Ask pintoca how much a liter of gas costs. More than a gallon I think.

Do some research as to how much of cost is taxes and where those tax dollars go - then do the same thing for gas in the US.

 

[Cutiebaby]

It is too high! Although it always goes down in may for memorial day..We shall see

 

[velvett]

They have shot up in recent weeks, I think they said the national average for the cheap stuff is around $2.72 a gallon. So what should people make of this?
Absolutely nothing. First of all, people should spend time complaining about things they can actually do something about. Second, the price of gasoline is artificially high. Not because oil companies are conspiring to jack up the price, but because government is doing everything in its power to keep the price of gas high.
For instance, we could drill for more oil. More oil domestically produced would reduce our dependence on foreign sources of energy. But the leftist enviro-crazies won't allow that. Drilling in ANWR? Forget it. Then you have the issue of refining the oil into gasoline. Not one single refinery has been built in the last 30 years.
The result: the refineries we do have are running at full capacity. They can't produce enough gasoline to keep up with demand, so the price shoots up in the summer. It also doesn't help that those refineries have to produce several different blends to appease the environmentalists around the country. Then there's taxes. People don't notice because it's rolled into the price of a gallon of gas, but between federal, state and local taxes, the government is taking 40-50 cents a gallon. So just remember....as you fill up your SUV this summer and pay $3.50 a gallon, the silent hand of government is what is causing the price to be so high. No other reason.

Gotta pay those salaries and those pensions..

Are you worth $6,000 an hour?

 

[eat big]

Gotta pay those salaries and those pensions..

Are you worth $6,000 an hour?

I asked Digger and he said you're wrong.

 

[coldblue1955]

We need electric cars now!

 

[spongebob]

They have shot up in recent weeks, I think they said the national average for the cheap stuff is around $2.72 a gallon. So what should people make of this?
Absolutely nothing. First of all, people should spend time complaining about things they can actually do something about. Second, the price of gasoline is artificially high. Not because oil companies are conspiring to jack up the price, but because government is doing everything in its power to keep the price of gas high.
For instance, we could drill for more oil. More oil domestically produced would reduce our dependence on foreign sources of energy. But the leftist enviro-crazies won't allow that. Drilling in ANWR? Forget it. Then you have the issue of refining the oil into gasoline. Not one single refinery has been built in the last 30 years.
The result: the refineries we do have are running at full capacity. They can't produce enough gasoline to keep up with demand, so the price shoots up in the summer. It also doesn't help that those refineries have to produce several different blends to appease the environmentalists around the country. Then there's taxes. People don't notice because it's rolled into the price of a gallon of gas, but between federal, state and local taxes, the government is taking 40-50 cents a gallon. So just remember....as you fill up your SUV this summer and pay $3.50 a gallon, the silent hand of government is what is causing the price to be so high. No other reason.

lol @ "artificially high". thats funny.
what is the price suppossed to be, considering all the factors that drive it.

im no expert on the exact numbers of proven crude reserves, but i know its over a trillion barrels. i know that canada could potentially have another trillion of unproven sand-oil. now looking at the consumption rates and taking into account proven reserves and where there at and the rates that which we are using those reserves, its only my guess that it is within our strategic plans to use the worlds oil as much as possible before we use our own.

makes sense dont it. if you think oil is an issue now just wait till we start getting down to about half a trillion and less on proven reserves. you aint seen nothing yet. i would prefer to be the last man standing in this case, and its gonna be the one with the oil. its is the greatest resource in effeciency, dollar for dollar, without a doubt. every last drop will be used.

saying that no refineries havent been built in the last 30yrs is somewhat misleading. what that talking point refers to is that no refinery has been built from the ground up in the last 30yrs, but theres been plenty of real capacity built. expansions, retooling, debottle-necking, more effecient refining and new units within refineries. thats what the industry will continue to do.

well most refineries are probably running at about 90 to 95%, give or take, depending on the season. last yr before katrina we were running at about 65% maybe. we havent ran since, 6months idle, till this week. were back up and running. and for the rest of the yr we will not get past 50% production. and we are around the 3rd largest refinery in the US.

very complicated to try and figure all this out, too many factors involved to pinpoint one reason. oil and gasoline(all products for that matter) are sold as futures. so a lot of speculation driving the price, although the factors drive the speculation.

but any talk about a conspiracy, collusion, or companies being crooks is just plain silly.

its very simple, they will sell you the gasoline at whatever price you are willing to pay. if you quit buying, i promise you the price will come down.

remember there are three factors in the supply and demand theory. one is you gotta make a product people will buy. two is people have to act rational, and three is....well i cant remember three. but number two is the important one. people simply arent acting rational. all this bitching and consumption is thru the roof, so whats that tell ya? back to what i said a minute ago, they will charge whatever people are willing to pay for it.

that is why gas is so high.

 

[spongebob]

Gotta pay those salaries and those pensions..

Are you worth $6,000 an hour?

well which came first the chicken or the egg.

 

[spongebob]

and yes as everyone knows, i love high gas prices.

 

[velvett]

well which came first the chicken or the egg.

the chicken

 

[velvett]

I asked Digger and he said you're wrong.

Care to tell me what specifically I've said a lot here.

 

[Jon79]

yes, they don't even want the domestic oil. my family owns some oil wells down south and the oil company is barely even using it. the roalty check are about 1/8th of what they used to be, but they don't want the production

 

[eat big]

Care to tell me what specifically I've said a lot here.

I don't remember. Probably everthing though, Digger knows all.

As far as the CEO of Exxon, obviously he's gonna get crazy money. Did he really do much or was it the market that changed? Probably the market. Katrina cut supplies even shorter a few quarters ago and now the prices are soaring because the supply cann't meet the demand. He was in the right place at the right time.

 

[itlnstln]

Methane is still free where I'm sitting................

 

[big4life]

Gas prices have gone up 50 cents here in my area in the last five weeks. They are setting everyone around here up for $3 a gallon gas for the entire summer.



Don't even think about what it will hit if we have another bad storm season.

 

[nycgirl]

Gas prices have gone up 50 cents here in my area in the last five weeks. They are setting everyone around here up for $3 a gallon gas for the entire summer.

Don't even think about what it will hit if we have another bad storm season.

I heard they expect the hurricanes to come up the East Coast this year.

I don't purchase gas. But, I know the airline prices suck (yes, I know there are more factors for the increase in airfare prices; I'm just venting).

 

[big4life]

I heard they expect the hurricanes to come up the East Coast this year.

I don't purchase gas. But, I know the airline prices suck (yes, I know there are more factors for the increase in airfare prices; I'm just venting).

I wouldn't be surprised about storms hitting the east coast. SC hasn't been hit hard since Hugo, and that's been 17 years.

 

[nycgirl]

I wouldn't be surprised about storms hitting the east coast. SC hasn't been hit hard since Hugo, and that's been 17 years.

Did Isabel skip SC? It hit VA pretty hard. I think they are still rebuilding sections around the Chesapeake Bay area. There were people here in the D.C. are awithout power for a week.

 

[big4life]

Did Isabel skip SC? It hit VA pretty hard. I think they are still rebuilding sections around the Chesapeake Bay area. There were people here in the D.C. are awithout power for a week.

We have been brushed by several, but Hugo was the last major one to make a direct hit. Most often the Myrtle Beach area will catch the weaker west side of the storms as they hit NC.

 

[fistfullofsteel]

who was the asshole who said that experts are predicting a gallon of regular around $4 by memorial day weekend?

<----------- This asshole did.

I'll tell you what the experts on gas are also saying. They are saying gas will be around $5 a gallon alot sooner than later and stay there. http://new.wavlist.com/movies/273/cpf-laughing.wav

And here is a kicker. Exxon/Mobil had a record profit last here.

 

[spongebob]

ive heard prices will be $10/gal, but what are you gonna do about it?!? uh?? probably bitch and buy more. hahaha

 

[fistfullofsteel]

ive heard prices will be $10/gal, but what are you gonna do about it?!? uh?? probably bitch and buy more. hahaha

get out!!! when, where, who? that would mean a typical car would cost about $160-$200 to fill up. wow.

 

[scout69]

Ya the prices are crazy I have a 4 cylnder neon and it still takes over $20 bucks to fill the tank

 

[guest username]

I just filled up the Tahoe today (it's government issued). $70! Thank God I wasn't paying for it. You guys are. Haha! Oh wait, I pay taxes too.

 

[Cutiebaby]

i am too scared to pay for gas.i went with my dad last night so thankfully he filled my tank for me

 

[biteme]

It's a scam! Goddamn Republicans will do nothing to stop it.

 

[big4life]

In the end it's not what YOU can afford, or are willing to pay for gas, it's what the economy can sustain for a prolonged period without colapsing. My best guess is that it is in the range of $3.50 for a nationwide average, before we have a serious colapse. My company deals with the auto makers, and they are already cutting back on their orders, and planning more extensive shutdowns, add another dollar a gallon to the price of gas, and things could get very bad, very fast.

Keep in mind, this is not taking into account a strong Gulf storm season, or any disruption in the flow of oil from the Mideast.

 

[Beachbum1546]

and yes as everyone knows, i love high gas prices.

Why? Because it keeps your wallet fat. The exact same thing that Velvett posted about the Exxon Chairman.

 

[digimon7068]

Oh well, guess I'll spend more time at home screwing this summer.

 

[coldblue1955]

i need a car anyway.

 

[Hiatussin]

They have shot up in recent weeks, I think they said the national average for the cheap stuff is around $2.72 a gallon. So what should people make of this?
Absolutely nothing. First of all, people should spend time complaining about things they can actually do something about. Second, the price of gasoline is artificially high. Not because oil companies are conspiring to jack up the price, but because government is doing everything in its power to keep the price of gas high.
For instance, we could drill for more oil. More oil domestically produced would reduce our dependence on foreign sources of energy. But the leftist enviro-crazies won't allow that. Drilling in ANWR? Forget it. Then you have the issue of refining the oil into gasoline. Not one single refinery has been built in the last 30 years.
The result: the refineries we do have are running at full capacity. They can't produce enough gasoline to keep up with demand, so the price shoots up in the summer. It also doesn't help that those refineries have to produce several different blends to appease the environmentalists around the country. Then there's taxes. People don't notice because it's rolled into the price of a gallon of gas, but between federal, state and local taxes, the government is taking 40-50 cents a gallon. So just remember....as you fill up your SUV this summer and pay $3.50 a gallon, the silent hand of government is what is causing the price to be so high. No other reason.

The purpose of government is to protect the opulent from the majority.

 

[spongebob]

Why? Because it keeps your wallet fat. The exact same thing that Velvett posted about the Exxon Chairman.

well not fat but it pads it. record profits means small worker bonus my way. plus its good when you own stocks.

all this has been hashed out over and over and over, the american public has the greatest impact on gas prices. if they continue to choose lifestyles and vehicles that support high gas prices and CEO joe and worker sponge benefit, then thats fantastic!!@!

ive said it a dozen times, i didnt hear any bitching 20yrs ago when refineries ran in the red.