Tonight's news....................
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Tonight's news....................
Its been here for a while already 111. a litre x 4 - 4.44 Gallon :eek:
Around here we in the mid threes
I filled up Friday @ $3.21 thinking it would take the normal .20 to .30 weekend jump. Today it was $3.17. Go figure.
ya gota remember its bush and Chaney's fault there are the oil people isn't that right allen
The whole program was well under way before they ever got involved. I think there is a definite control of pricing North America wide but I really don't know of a way to solve it other than price controls(Goodby free market?). There are so many times that the crude oil price and the price of fuel make no sense except to those making record profits.
high energy prices effect everyone , just think if you have to heat your house for 2/3's of the year or more.
They saw you coming,pro,,and reversed the trend for the weekend...:LOL:Quote:
Originally Posted by pro70z28
I think I'll pull in from the back way next time. :LOL::LOL:Quote:
Originally Posted by lamin8r
The next town over is $3.39. :eek: I don't drive that many miles in a week, so a few cents one way or the other isn't a real big deal, I just like to play the game. Prices swing back & forth so fast, it's like trying to beat the stock market. :whacked:
Gary, maybe you should drive more so the demand in Coal City goes up and your guys there can match prices with Morris---of course its lots higher a little further noth but settles back a few cents by here--last few days main stations around here $3.55
And yes we fill up when we go to Grandma Dee's!!!!
I guess we'll see, half the time the predictions are wrong, but nobody brags about when they're wrong, only when they're right, so the wrongs fade from notice more often.
I don't know if Al is joking about the need for "price controls" or not, but maybe a history lesson is in order. Here's a chart showing the inflation adjusted (if anyone is unfamiliar that means what an old pricing point would look like if expressed in today's less valuable dollar)price of gasoline since 1918. There are a couple interesting things to notice when you take an almost 100 year overview.
We did price controls in the 1970s, started by Nixon, carried on by Ford, and Carter administrations/congresses. You'll note that the chart indicates the fastest and highest previous price spike is in that period.......so much for the actual outcomes from price controls. The dramatic drop off of that spike was when Reagan removed the controls and free market conditions took back pricing.
Another thing to think about are the four highest peaks on the chart each happen to be at a time when Government was most active in trying to shape market pricing and choose winners and losers in the private economy. The beginning of the chart is during the Wilson administration, the second F. D. Roosevelt, the third as noted above, and the fourth in the last 5 or so years. Government as solution? Hmmmmm
Reminds me of:
Those who forget history are doomed to repeat it.
Oh yeah, my personal favorite:
We're from the Government and we're here to help!!!!
It's often difficult to analyse situations when you're in the middle of them because of all the incoming data that can be distractive........thus the old saying: You can't see the forrest for the trees.
We have been setting ourselves up for higher prices on gasoline for over 40 years. If for no other reason (though there are many) than transportation costs as a result of environmental regulations (some of which are good, others not so much). We haven't built a new gasoline refinery in this country since 1976. There's been one proposed/promised in Arizona for at least a decade but it appears to be the project on the perpetual horizon. All of our improvement in productivity has been at existing refineries, some of which are getting quite old. To wit, two old refineries have closed in the last couple years because they just couldn't be upgraded cost effectively. We had that Keystone XL discussion on another thread where it was noted, part of the reason for it to go down to Texas was that's where the refineries with the equipment/technology to process that type of crude are. Pipelines are very cost competive means of transportation compared to all the other available methods. We're getting to the point where nearly all our refineries are at/near sea ports........for a reason. However, that means that inland markets need to be on a pipeline route from the refineries that produce enough product, or on a pipeline from a sea port dock that can handle finished product. And here is where regulations start to creep in. You won't see the costs broken out on a receipt or a corner sign because it's too dificult to jump through those hoops, but the added cost will be there. Just one for instance. There's something called the Jones act that requires vessels from one U.S. port going to another use only U.S. registered vessels, with high majority U.S. crews. These cost a lot more to operate (surprise), and that extra cost gets buried in the price of whatever is transported. Outcome? You'll start seeing finished fuel product being imported while finished product from, let's say a Texas refinery, will be exported. Of course some politicians, and their media lap dogs, will throw stones as the evil oil companies over this, and most of the uninformed sheeple in our country will believe it because it APPEARS true (just like the "record profits" distraction) all the while not exposing the government caused, underlying sources of the problem.
Next you end up with some sort of a "crisis", and as we've been told by the current operatives in DC............"...never let a crisis go to waste... you can do things you could not do before...". I'm sure we can count on our political class to save us............................right?
I'm thinking I should buy an electric car & force them to build another nuc. plant. :LOL::LOL::LOL:Quote:
Originally Posted by jerry clayton
Hey Jerry lately because of the lost of the D.D'er Astro I have been driving the RV which doesn't pass many gas stations.:eek:Quote:
Originally Posted by jerry clayton
Well it will be acouple of wks before I get the Sonoma I bought going so I can slide back to about 22mpg.Woo-woo.:)
Uncle Bob
There is already a pipe line from the Calgary area down to near Coal City
Also , the another existing pipeline from up there already exists and carries crude down to East St Louis area in Illinois--the Keystone project will allow higher quantities of crude from up that waay down to the gulf for export as crude besides the amount the refineries process.
The Alaska oil is (was) supposed to be only for USA however since no refineries on west coast (California) to process,and the tankers won't fit thru the Panama Canal, its shipped to far east and the oil companies replace it with crude from Venzula which is transported across the Gulf of Mexico to Texas, where the refineries are.
And Gary, the feds just releasted the first permit for a new nuke plant in how many years??? seems we haven't had nuke or refineries during our childrens lifetimes----
I bought alot of oil stock in the 60s so the higher gas goes the more I make. Let gas go to 10.00 a gallon!!!
[QUOTE=jerry clayton;454295]Uncle Bob
The Alaska oil is (was) supposed to be only for USA however since no refineries on west coast (California) to process,and the tankers won't fit thru the Panama Canal, its shipped to far east and the oil companies replace it with crude from Venzula which is transported across the Gulf of Mexico to Texas, where the refineries are.
/QUOTE]
Yeah Jerry, that story has been repeated so many times people think it's true, however it is not. Here in Washington we have refineries that process Alaska crude everyday, and California refineries do as well (though Mexican crude can get there cheaper at times as well). Also, Federal Law prohibits the sale of Alaska crude as export. I've not seen any legislation that reverses that, though if someone does the real research and comes up with the statute reference (not rumor) I'd be happy to learn and correct my comment.
thats a good graph Bob regarding fuel prices, we had a kind of price controll up here once just about killed our oil industry as it was controlled by the East(old history) .
I know our fuel prices here are higher because of extra taxes but the US prices are slowly getting closer to ours.
There's a price war going on here between BP & Shell across the street. It was $3.13 this morning when I got coffee. I could only fit 25 bux in the tank, but hey, it's $3.39 in Morris. :LOL::LOL::LOL:
if we are a net exporter of gasoline how can we need more refinery's ? it all comes down to all the small country's they are selling to. those country's have plenty of oil but no refineries . we buy oil from other country's like buying friends. between our own production plus canada and mexico we dont need middle east oil. but we buy it to keep them happy and not to mention we are using up their resources not ours. :)
Ahhh the price of gasoline - I saw $3.85 at a Getty Station last night and $3.81 this morning in Saratoga Springs at almost every brand. Near me, it's "only" 3.67/3.69. Even the Mass Turnpike stations are $.20-.30 a gallon cheaper then in NY State
Dave come on down to the fingerlakes $3.77
Trouble with the Finger Lakes region are too many winerys to sample and I never quite make it to Ithaca or Watkin's Glen without a BIG smileQuote:
Originally Posted by 53 Willys
You may know what the terms "net exporter......" mean, but I'll bet most people hear/think something different than what it actually means. For those that don't understand it means we export more finished product, which includes diesel and jet fuel, and other petroleum products as well, than we import (which is also to say we still import finished product as well), so it's a plus/minus game. It's a very complex market, and cherry picking one stat out of the entire picture won't give an accurate evaluation to make meaningful decisions on other factors. If that info is accurate, and there is some dispute about that, it would be the result of reduced consumption in our domestic market. With real unemployment being somewhere around 15% people have cut back on fuel consumption along with other consumables. Were we to get some serious job encouraging government and the economy turn around as quickly as it did in the '80s those numbers would swing back to our being a net importer fairly quickly. In which case we end up competing with those that your statement means we're suppling now. Supply/demand, in that instance, working against us. Short term thinking is what gives politicians excessive power to yank us around.Quote:
Originally Posted by shine
Also, I get a kick out of the Libs in the news that also point to this temporary "net exporter....." notion. We are beat to death almost everyday about evil corporations shipping jobs overseas. And then we have the evilest of all corporations, oil companies, keeping jobs in this country to export our own production. But again, if people don't look at the big picture they don't see the fallacy in that kind of reporting.
true but my point has always been we have no shortage of oil . but because china does the price goes up . er have around 25 refineries here in texas. and most are running wide open . i have a friend who works on pump barges. they run 7 days a week . supply and demand has always been king. with developing nations heeding more and more the demand is kicking our butts . unfortunately our gov does not subsidize our fuel. they tax hell out of it.
Just made a 2000 + miles road trip from OK to AZ and back.
Never say gas over 3.20 on I - 40
Diesel anutter story, anywhere frome 3.85 to 4.15
And, yep I was pullin a trailer (loaded) both ways.
Don't get me started.
Pro70Z28---Gary, filled up there at Shell tonight for the $3.13----as we turned off I55 at Reed Road exit the Marthron was $3.59 or 69, don't really remember as it was just a fleeting glance as I made the turn--The 3.49 up here at Bartlett
Hi jerry howve ya been? Gas 3.13 here
I guess some of you west coast folks have forgotten 2007.
I remember seeing it as high as $5.35.
http://www.burbed.com/wp-content/upl...59_5dollar.png
Yes, this really should've been titled 6 dollar a gallon gas is coming! It won't be to much longer before it's here!
I am sooooooo tired of the fairly tale stories of why gas prices are increased.
.............
now that i can agree with .
Don't know who's votes hes going to buy this time. gas here is like on a yo'yo.. Monday 3.45 Tue. 3.35 Wed today 3.29 they do it because they can and I don't believe there is realy another valid reason
Shell & BP across the street are in a price war. BP dropped to $3.13 so Shell did the same. This afternoon BP is $3.11. Too bad my tank is full. By the time I burn off a few gallons they will probably be .30 - .40 higher.Quote:
Originally Posted by jerry clayton
Paid $4.71 last tank full. My little 10 gallon commuter cost $47 bucks to fill. I was glad I wasn't driving the SUV which takes 16 gallons to fill and ruffly go the same distance. That would have been around 75bucks!
Yesterday driving North to Santa Rosa I saw gas for around $4.29 a gallon. I was temperarily estatic, until I remembered a month ago I was bitching about this price! We have a local Chevron Refinery in Richmond that supplies most of the gas locally to Northern California. They had a fire at the refinery so our prices went from around 3.95 a gallon to a high of 4.75 a gallon, and are now just starting to go back down. Somebody said the increase was also related to the "winter mixture", which made me laugh, as last summer the increase was related to the "Summer" mixture! Somewhere some corperate types must be havin a good laugh!
I had to pay $4.79 last weekend when I was out there for the California Hot Rod Reunion!!!!!!!!!go to the last page of the thread about it and take a look at all those oil well/pumps -------------
Makes yah wonder hun?
It's been running around $3.32 here in Texas but I paid $4.49 in Bakersfield last week.
I couldn't even stand to watch the numbers go by on the pump. I just gave the clerk
a $50 and didn't bother counting the change. LOL
did you go over to the coast for the trip back Emmett?