Results 101 to 125 of 235
Thread: Gas Prices
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04-20-2006, 08:20 AM #101
2.75 yesterday in metro boston. They are only going to get higher, I use these sights to help find the cheapist:
gaspricewatch.com
gasbuddy.com-I find this better for boston
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04-20-2006, 08:32 AM #102
This may explain some of the price increases. $150 million to retire? I quit!
http://money.cnn.com/2006/04/19/news...ex.htm?cnn=yes
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04-20-2006, 09:09 AM #103
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04-20-2006, 09:10 AM #104
It all comes back to Norman Lamont.
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04-20-2006, 09:13 AM #105
Face it, we are no longer the only developed country outside of europe anymore. We are competing with China, India and others for oil. Iraqi oil production was never near full production since the first gulf war. Venezuela is booting out all the American oil companies. The russians stopped flooding the market and threw their oil executives in jail.
Exxon only has a 10% profit margin on its revenues.
It is still cheaper than Pabst Blue Ribbon.
Hopefully this will encourage everybody to drive a four banger.
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04-20-2006, 09:13 AM #106
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04-20-2006, 09:18 AM #107Originally Posted by funkendrenchman
This could be compared to the cost for a Rolls Royce. While the cars are worth quite a bit, it's the fact that they're hand made and only a set number can be produced per year, that really drives the cost up. If they lowered the price, they wouldn't be able to produce cars fast enough to meet demand.
The price for gasoline that is charged at the pump is set to force conservation. What's worse?..having high prices limiting how much you can afford?..or having no gas available? Can you imagine if there were no gasoline available for ambulances or police cars? (Personally, I'd rather see this happen to really get the public involved and force the government's hand). The gas shortages of the 70's taught these companies that it's better to charge high and have gas available than to charge "reasonable" prices and run out of supply.
This is only my personal speculation, but I believe that the oil industry itself is lobbying against the construction of new refineries. What better way to increase profits than to maintain an expense ceiling for production, while raising prices for the consumption of the product?[This Space For Rent]
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04-20-2006, 09:18 AM #108
$3.11 for 85 octane at the West Vail Price Gouger Conoco.
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04-20-2006, 09:20 AM #109Originally Posted by Trackhead
As for fuel inefficient cars driving up prices - come on! America is so dependent on gas, we'd pay nearly any price. Our whole economy is based on transport via trucks.
I paid 2.94 for 87 yesterday in Sacramento.
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04-20-2006, 09:25 AM #110Originally Posted by PNWbrit
I'll start you on your way though: A graph just for you"It is not the result that counts! It is not the result but the spirit! Not what - but how. Not what has been attained - but at what price.
- A. Solzhenitsyn
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04-20-2006, 09:27 AM #111
we have two things going against us in this country.
1. Our country is huge, and our infrastructure was built around the automobile.
2. Somehow most idiots feel a sense of importance by driving a big expensive vehicle.
In europe even the weathlier people can be seen driving inexpensive compact diesels.
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04-20-2006, 09:54 AM #112
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04-20-2006, 09:59 AM #113
Everyone else has listed a whole host of reasons why prices are going up (and I don't disagree that they're part of the problem) but nothing else singly answers the bulk of the price increase to US consumers the way that the fall of the USD against the Euro does. Sure it is a harder concept to grasp but Occam has got this fucking razor and the motherfucker is sharp.
"It is not the result that counts! It is not the result but the spirit! Not what - but how. Not what has been attained - but at what price.
- A. Solzhenitsyn
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04-20-2006, 10:01 AM #114Originally Posted by seatosky
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04-20-2006, 10:09 AM #115
where are the people who have professions in the oil game that can give us some real unbiased/ungoogled info on why gas prices are skyrocketing?
i want to hear from them.
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04-20-2006, 10:12 AM #116
$1.15 CDN/litre here today, which I think roughly equals about $3.83 US/gallon.
Last edited by fridge; 04-20-2006 at 10:14 AM.
Yep, seen this before. Crazy liquor & cheeseburger party got out of control.
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04-20-2006, 10:13 AM #117Originally Posted by BlurredElevens"It is not the result that counts! It is not the result but the spirit! Not what - but how. Not what has been attained - but at what price.
- A. Solzhenitsyn
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04-20-2006, 10:16 AM #118
[QUOTE=skiaholik]I'm sorry but it has nothing to do with chance of making more money. Yes, the markets for gas stations/companies are not perfectly competitive but the firms cannot dictate....QUOTE]
I have to disagree with you here. Theoretically, oil/gas prices would be a function of supply and demand. However, the oil industry is a cartel. What further exacerbates this problem is the extremely strong lobby that the oil giants have in DC...Bottom line, by leveraging political capital, the fallout from misc. current events (i.e. Iraq War), American consumer dependence on oil, and the relative price disparity with the balance of the civilized world, these pricks have decided tip the scales in favor of gererating additional producer surplus. Translated, taking dollars from our pockets to line theirs...Not sure if people recall the hearings that were spun up on Capital Hill after Exxon-Mobil reported historical record profits (for all American businesses, not just oil). Politics at their best...in the end, nothing was accomplished...Bottom line, the average American consumer is apathetic at best.
On a side note, why in the hell is diesel (a virtually unrefined product) the same price as super unleaded??
End of rant...
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04-20-2006, 10:19 AM #119
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04-20-2006, 10:24 AM #120
Staggerlee- That one can likely mostly be spread around a bit between: rising demand (consumer diesel segment), static refining capacity and the conversion to ULSD. The wintertime jump is usually associated with HHO demand and Winterblend D2 creation.
"It is not the result that counts! It is not the result but the spirit! Not what - but how. Not what has been attained - but at what price.
- A. Solzhenitsyn
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04-20-2006, 10:25 AM #121Originally Posted by lemon boy
why hasn't anyone attacked Bush for cashing in the oil from the Iraq war?
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04-20-2006, 12:25 PM #122Originally Posted by BlurredElevens
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04-20-2006, 12:30 PM #123
$45 to fill my tank. Does about 200miles on that. Sigh.
edgDo you realize that you've just posted an admission of ignorance so breathtaking that it disqualifies you from commenting on any political or economic threads from here on out?
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04-20-2006, 12:53 PM #124Originally Posted by funkendrenchmanIn drove this drunken madman and stopped on a dime! Unfortunately the dime was in Mr. Rococo's pocket!
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04-20-2006, 01:00 PM #125
Since 10pm when I posted last night the price has gone up at major stations to around 3.089. I filled up this morning and got a real bargain at 2.959 at a Shell station.
And I repeat: politics, greed and monopoly have replaced the free market. It's been some time since there was anything resembling a real free market.In drove this drunken madman and stopped on a dime! Unfortunately the dime was in Mr. Rococo's pocket!
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