Anybody else get robbed...

[SteelCore]

...at the pump lately? Took over 50USD to fill my 15gallon tank. reg. unleaded was 3.38, the pricey stuff was 3.57 or somesuch...
http://news.nationalgeographic.com/news/2005/08/images/050830_gas_prices.jpg

http://debbielynn.files.wordpress.com/2006/07/gas-prices.jpg

http://www.20minutestolessstress.com/gas%20prices.jpg

http://www.juliofernandez.us/blog/uploaded_images/gas-727575.gif

New energy policy, anyone? ;)

[texlurch]

And Exxon just reported their highest 1st quarter revenues ever.

[SteelCore]

http://history.boisestate.edu/westciv/medieval/trails/vikings/redbay2.jpg
<>Insert audio clip of Led Zeppelin's "Immigrant Song" here<>
http://64.23.109.127/content/film/BloodVikings2w.jpg
They did a number on Europe's robber barons about a thou years ago. Vikings don't attack the poor, cause they had no gold! Time to loot the looters!

http://www.bbc.co.uk/wiltshire/content/images/2005/08/25/vikings_3763_400x300.jpg

[Bulletboy]

$3.49 for regular.. :(

[Woodman in MO]

Was 2.89 here this morning....

[tanstaafl4y]

FWIW: 2.79-3.13 for 87 octane in southwest Virginia
Behold my google-fu

[texlurch]

Apparently, we're not suffering enough....


http://news.yahoo.com/s/nm/20070516/pl_nm/usa_congress_gasoline_dc



Record profits not withstanding.....

[iocane]

Big oil companies are always being accused of rigging oil prices. Now how exactly would one go about rigging oil prices. They would need to make laws that keep any competetion from building oil refineries or drilling for more oil. Big oil really could be rigging oil prices. Interesting thing is the politicians bashing the oil companies would have to be in on it. Prices are bound to keep rising anyway. Oil companies are for it. Enviromental groups are for it. Politicians are for it. So we are shafted.

[Optimus Prime]

And that's why I haven't even driven my car for almost two weeks now... besides, bikes are so much more fun! And it's free to operate!

[texlurch]

Big oil companies are always being accused of rigging oil prices. Now how exactly would one go about rigging oil prices. .


Not OIL prices, GAS prices.

And Uncle Sam has added about 2/3 of the cost in taxes, so when the price on the fuel goes up, Govt.'s cut goes up as well.

My favorite is when the price of a barrel of oil jumps up due to "speculation on the worlds market", and then the pump price goes up the next day; even though they are refining and selling oil they bought probably 3-6 months ago!

Just makes my trigger finger twitch when I see "record prices at the pumps" and then the next paragraph is "oil company reports record profits". :2pistol::America:

[okie shooter]

Not OIL prices, GAS prices.

And Uncle Sam has added about 2/3 of the cost in taxes, so when the price on the fuel goes up, Govt.'s cut goes up as well.



If you look at a pump and such, the goverment does take a big chunk of the money in taxes, but its per gallon for the most part, thus the higher the cost, they gov. dont get more, and in the longrun they get less, due to reduced consumption. not sure if it makes sence but thats now it goes.

[texlurch]

All the more reason that the oil companies are making more, if the taxes are by the gallon...

Looks like I'll be riding my bike more.. it get's 50 mpg when I take it easy and burns regular.....

[Optimus Prime]

my bike has gotten around 500 mpg... put it on the rack on the car to get it to some trails a couple times...

[okie shooter]

There hasnt been a refinary built in this country since 1976, I watched the history channel on showing a news reel from the 1930's about a gas station owner up the road here, building a back yard refinary to make gas for his service stations. He said it was due to the cost of refineing was so expensive, he just went to the producers and refined his own.

Can you imagine even building a refinary these days, I imagine it takes years. I read that in 1995 we imported 17 million gallons of gasoline a day, now its 36 million gallons, thus its a huge gasoline shortage, not really a oil shortage. The forces to make refinaries more profitable will have to happen or a economic crash to reduce demand.

[Tread_Head]

Depending on the state you live in, you pay approx. 45-90 cents a gallon in tax. I wish they would advertise THAT fact at the pumps. Maybe it's time the government took the hit and had to budget THIER money more wisely.

[Woodman in MO]

I think it is kinda funny how people look at oil prices for this, but I was paying $20 to get an iol change in my car in 1997 and I still pay $20 to get my oil changed. Even though oil is a lot more expensive.

[weasel_master]

I'm happy my car gets 45 mpg.

[nalioth]

This beast has a 40 gallon fuel tank.

http://www.novarata.net/truck/red_dog_02_8x6.jpg

Can you say ~$100 to fill it from empty?

[kevin]

the govmt has been looking at the number of refineries lately because in the 80's-90's a lot of refineries were shut down/closed and others expanded after closing little ones, partly due to the EPA

Now they are thinking it might not be good to just have a small number of large ones because if terrorists blew one up............

[MicroPilot]

Depending on the state you live in, you pay approx. 45-90 cents a gallon in tax. I wish they would advertise THAT fact at the pumps. Maybe it's time the government took the hit and had to budget THIER money more wisely.

I was recently at a smaller mom and pop type filling station and they had stickers on all the pumps showing how much tax was in the price of a gallon of gas. I believe this station was in Arkansas.

[jlpskydive]

I have a friend that ownes a small chain of gas staions and I believe he makes about .02 cents per gallon. The big oil company's posting record profits pisses me off to no end, but we do live in a capitalist society. If we want the prices to come down we need to build new and more efficiant refineries. Get the tree hugging lemmings to let go of the tap and let us drill where the oil is here and we can get the prices and dependance down QUICK!!! E-85 is also going to start to make some great inroads hopefully.

[walt-oxie1]

Don't forget the use of ethanol has contributed as well. It was made manditory that it be used instead of the other additives by a certain date.
The production was not no where near ramped up enough (or possibly could have been) before this went into law and it is now illegal for the other additives to be used. If congress would have allowed a slow transition the market would have not had such a big spike which is now a bottleneck.
With supply and demand.... you know the rest. Don't forget to thank your elected officials as well as big oil for the current fuel prices.
A friend of mine works delivering fuel and has told me of tankers that are coming just outside of US waters and waiting on the price to go up before coming to dock. By manipulating the supply the demand is higher and the price is adjusted from there. This has been going on for years.

[rustypirate]

Also keep in mind that oil prices are based on SPECULATION.

Not what the current market rate is, but on what the rate WILL BE IN THE FUTURE.

The Oil companies are hiking their prices now in anticipation of the shortages they predict when we pull out of Iraq.

[Cavalryman]

Kinda makes me glad that I bought that Honda hybrid a few years ago! :icon_biggrin: 40 mpg, baby! :rockon:

[fal_762x51]

Not what the current market rate is, but on what the rate WILL BE IN THE FUTURE.

I see someone took Econ. 110 also. :wink:

[okie shooter]

Don't forget the use of ethanol has contributed as well. It was made manditory that it be used instead of the other additives by a certain date.


Walt-oxie, do you know why ethnol(among other additives) to reduce tail pipe polution were mandated, its because the us gasoline storage system is pourious, even with gas tank inspection and such, the old additive, MTBE, is nasty stuff, lingers in the ground water for decades, not decaying, and causes all sorts of madies, travels for miles away from the polution site, Heck I am not a chicken little on this, but when they find the stuff migrattes for miles in the ground water, with no real decay when buryed we need to worry aobut it too, unless you want your kids and grand kids to drink it and live with it.

[pigpen]

My truck has one of those flex fuel engines in it. I have never tried putting a whole tank of the eth-gas mix in it yet. The mixed was usually more than regular. If prices go much higher I might have to making up some of my corn-squeezins.

[tanstaafl4y]

This thread needs more pictures

[robocop10mm]

Speculation is the key. Futures traders are the ones causing much of it. Big oil companies are making record profits but their profit margin is less than Walmart. They deal with such huge volumes they will make huge profits.

Kalifornia is also a big part of the problem. They have no refineries. They banned them out of existence years ago. All their gas is refined elsewhere and piped in. I say cut off the flow and make them refinie their own gas. There are 3 new refineries due to come on line next year in Baja that will ease the supply problems a bit. Also, Kalifornia and Florida will not permit drilling off their coasts. The feds need to step up and tell them to shut up.

I use E-85 as much as I can. It is 30 cents a gallon less than regular unleaded (still expensive). I do not drive any more than I have to. I am lucky to have a company car that they fuel up for me. I run errands on the way home in the company car so I do not have to burn my own fuel. My motorcycle gets 46 MPG! It gets used more than the truck.

[tanstaafl4y]

+1 on motorcycles. My old Triumph gets 48-54 MPG...now if only I could keet the 30 year old wiring harness in good working order.

Another +1 for lack of drilling. for an interesting read google "Not in my backyard"...The hippies and dippies want windfarms and solar but NIMBY

I agree that a lack of refineries is causing "shortages"...the EPA (and whatnot) has made it too "expensive" to build refineries in the US of A. Thinking globally companies will build refineries (and many other chemical manufacturing plants) in countries without all of those pesky environmental laws.

Everybody say we have to protect the environment for our children and childrens children. Well I say let neuter EVERYONE and just quit having children. Lets eliminate the human race. For the next 2 generations we can party like its 1989...somebody pass me the aerosol deodorant and inexpensive refridgerant.

[tanstaafl4y]

I hope my mild sarcasm was evident in the last post

[turbothis]

well here is my bomb to the subject....

i drive a 86 ford long bed with a 46 gallon tank! the good news is lpg is only $1.95. i love my propane. the turbo i put on her makes it fun to drive too.

but the wifes avalanche eats up all that i save!!!!!!!!!!!!!:nonono:

[pidaster]

What's the going cost to swap to lpg?

[turbothis]

lol! best case junk yard parts and tank..........$100?
worst case new parts and tank and official sticker $1500+

legality????..........priceless. lol:America:

[Planning]

total bs;"A friend of mine works delivering fuel and has told me of tankers that are coming just outside of US waters and waiting on the price to go up before coming to dock. By manipulating the supply the demand is higher and the price is adjusted from there. This has been going on for years."
that's why he is a truck driver.........

i spent 36 years in the refiney/chemical business and storing oil or chemicals in ships is not good business.

the reason that ships are sitting out there is there is not enough storage tanks to off load the oil into. there is not enough refineries to refine the oil into gas quick enough to empty the storage tanks.
the shippers make there money by off loading as quick as they can an getting another load. there is no shortage of oil around the world, only the ability to drill for it, transport it, store it and refine it.

if the oil companies were allowed to drill for oil, build more refineries in the united states or more storage facilities, there may be more fuel for everyone. the price is going to be what ever people are willing to pay. if you don't like the price, then don't buy it.....................if enough people don't buy it then the supply will go up and the price will go down. the oil companies don't make money unless the gas is sold.

[turbothis]

i am very curious to what the locals around here will do when it gets over $5 a gallon. there is already tons of scooters and bikes everywhere. i love it!

i want to get an old viet nam cruiser and take my ak around on my back (unloaded of coarse). i will have to find a rice patty hat too. a 6'2" 215 pound viet with an ak on the back, how far can i go before getting pulled over? hahahaha:lolgreen:

[turbothis]

you get the picture.

[SteelCore]

Just makes my trigger finger twitch when I see "record prices at the pumps" and then the next paragraph is "oil company reports record profits".

-->Right there with you. I don't wanna hop in in the political/socio-econ dicsussions here, I just wanna gripe an post pix!

http://cagle.com/news/2004Chappatte/images/gas%20prices.jpg
http://www.diamondvues.com/archives/gas%20prices.jpg

Oh, and during the runningof the Indy 500, gas went up to 3.60 in some places. Back down th 3.29 this morning fer 87 octane.

I want a steam car...it was prefectly viable but marginalized about 70+ years. ago.

[Fido Dog]

I don't notice it really. I still spend the same amount (maybe a couple of bucks more), but just drive more sensibly.

[SteelCore]

"I still spend the same amount (maybe a couple of bucks more), but just drive more sensibly."
-->What, stay at home more? ;)

[M1 Tanker]

excataly. I know my truck costs me $75 to fill it...I do stay at home a lot more :)

It was down to $2.93 here yesterday.

[okie shooter]

Paid 2.86 last Sunday in Sherman Tx, its still 3.04 for the lowest price here in McAlester.

[okie shooter]

I have a friend that bought two vehicles powered by Compressed Natural Gas(CNG)/gasoline that cost about ten to twenty precent more than buying the same single gas fued cars. He pays about a buck a gallon fuel equivlent when he gets to a place he can buy fuel and can only carry about twelve gallons equivleant in the car, and truck both. He is buying a fueling station for his house,(he gets free natural gas due to the well heads on his property) thus after investing 7000 bucks into the gas compressor plus installation he will be able to drive for free, on his buck at least.

[wonderwolf]

Somebody say vikings?


ENTER THE VIKINGS (http://www.youtube.com/watch?v=ApxnAr6pRt0)

[pidaster]

Somebody say vikings?


ENTER THE VIKINGS (http://www.youtube.com/watch?v=ApxnAr6pRt0)

Did I really just lose 2 mins and 24 seconds of my life for that?:wink: