OMFG!!! Regular gas $3.07

[dahamn]

1.56 for super 93 octane here

BS

 

[spongebob]

Not sure but soon this speculation bubble is going to burst and a lot of people on Wall Street are going to lose thier asses. Futures are running 15-20% above actual cost.

Whoever is paying $3.00 and above for a gallon of gas, try finding out how much of that is Federal, State and Municipal taxes, think you'll find that it's better than 50% of the consumer cost per gallon. If California wouldn't require tens of different mixtures for gasoline depending on municipality, the refineries wouldn't have to change blends all the time, increasing efficiency.

I lay part of the blame of rising fossil fuel costs on the movie Silkwood. Figure out my reasoning why to recieve the bonus plan.

yea .03 to .05 profit margins, refineries are happy as hell. right now its probably running .15 maybe .20 per gallon. thats 87 octane.

refineries dont 'change' blends per se. in other words, its not that big of a deal to increase or decrease certain octanes or blends. usually minor adjustments.

do you blame it on the movie itself or what the movie was about?

 

[spongebob]

there is enough oil to make as much gasoline as you want. but production capacity is reaching its peak.

refining capacity is almost at 100%.

low overheads on crude and gasoline storage, leaving a very unstable market IF anything happens. ie, strikes, problems with production, busted gasoline pipelines, etc etc.

all compounded by the fact that its all traded by day as futures, speculation helps drive prices.

 

[bluepeter]

Very few people can legitimately complain about this.

 

[spongebob]

Very few people can legitimately complain about this.

well you have to define legitimate.

 

[bluepeter]

well you have to define legitimate.

I don't think people that have done nothing to try and address this problem have a right to then complain about it. Not speaking about specific people on this thread, just that my experience is that Joe Complainer drives a Ford Expedition and leaves it idling for 20 minutes in front of the grocery store while the wife picks up milk and bread

 

[DieselGunz]

Holy Shit!!!!!!

 

[gonelifting]

Have'nt filled up in about a week, so it might be different, but it was $2.40/gallon for regular in NJ. Until about a month ago, I was buying the Super for all my cars. I was ignorant until steered the right way. thanks

Ehhh, 15 years of buying Super... damn... lol

 

[Raptorex]

Why haven't we taken over the oil fields in the middle east yet?

 

[Da Man]

so 4 liters to the gallon ?????? wholey shit.. im paying like 9$ per gallon over here then !! my nigga what a shitty place i live in.

Actually its 4.5 litres to the gallon ( don't forget british and american gallons are different measurements.)

so you are paying more that $9 per gallon.