OMFG!!! Regular gas $3.07

[Whiskey]

the cheapest in town is now at $2.44, as I hear, it's the most it's ever been in town. This is either regular or medium grade "containing the 10% ethanol." The E-85 is still around $1.90

Whiskey

 

[Mr. dB]

I like the higher prices. It keeps many bad drivers and their piece of shit cars off the roads. It actually makes driving more enjoyable.

You've actually noticed a difference? 'Cause I haven't.

 

[gotmilk]

Imagine what heating oil will cost this Winter and how the elderly on limited income will pay for heat.

I broker REBCO sales and I can tell you the gas increase is just bullshit. There's plenty of petroleum available.

The price increase has nothing to do with supply and demand. Just greed and the ability to pull it off.

 

[spongebob]

Imagine what heating oil will cost this Winter and how the elderly on limited income will pay for heat.

I broker REBCO sales and I can tell you the gas increase is just bullshit. There's plenty of petroleum available.

The price increase has nothing to do with supply and demand. Just greed and the ability to pull it off.

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.

and as far as the statement in bold. if people quit buying i gaurentee the price will go down.

 

[75th]

I like the higher prices. It keeps many bad drivers and their piece of shit cars off the roads. It actually makes driving more enjoyable.

LOL I never thought of it like that.

Im wondering if we can develop an exact price to repel old asian ladies from filling up.

 

[gotmilk]

refining capacity is almost at 100%.

The problem lies in shipping. There are not enough oil tankers available to transport what is needed.

I sell my REBCO allocations directly to US based refinaries. I could never find the shipping needed. That's why there is a big push to construct new oil tankers.

 

[musclemuscle]

sounds expensive

 

[redguru]

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?

It and the politics that made it. It blew nuclear fuels dangers way out of proportion, and made the uninformed the disinformed. When Karen Silkwood died she was autopsied by the Los Alamos Labs with the consent of her father, they found the amount of plutonium and plutonium byproducts in her body was withing three tenths of a nanocurie of what the plant had said. Also, she died in a car accident after taken a double dose of Methaqualone (sic) and had fallen asleep at the wheel. Not the big conspiracy portrayed in the movie.

Movies like Silkwood and the China Syndrome fueled the rancor felt by the populace against nuclear power, which is a reason why a vast majority of the baseload power plants in the US are coal-fired. Baseload power plant building is a huge investment in time and money, so a lot of plants built in the last two decades have been "peak load" plants, smaller but fueled normally by fuel oil or natural gas. and are a large percentage of US oil consumption.

 

[spongebob]

The problem lies in shipping. There are not enough oil tankers available to transport what is needed.

I sell my REBCO allocations directly to US based refinaries. I could never find the shipping needed. That's why there is a big push to construct new oil tankers.

i really dont see shipping as a strong factor if any but i dont know. ive never seen it at the refinery side, a shortage of oil to refine.

i mean you could double your shipments, the refineries are about 95% capacity.

 

[spongebob]

It and the politics that made it. It blew nuclear fuels dangers way out of proportion, and made the uninformed the disinformed. When Karen Silkwood died she was autopsied by the Los Alamos Labs with the consent of her father, they found the amount of plutonium and plutonium byproducts in her body was withing three tenths of a nanocurie of what the plant had said. Also, she died in a car accident after taken a double dose of Methaqualone (sic) and had fallen asleep at the wheel. Not the big conspiracy portrayed in the movie.

Movies like Silkwood and the China Syndrome fueled the rancor felt by the populace against nuclear power, which is a reason why a vast majority of the baseload power plants in the US are coal-fired. Baseload power plant building is a huge investment in time and money, so a lot of plants built in the last two decades have been "peak load" plants, smaller but fueled normally by fuel oil or natural gas. and are a large percentage of US oil consumption.

well that and chernobal and three mile island right?

yep, you really cant beat the efficiency of crude oil.