Oil & Gas Prices:10-8-04 U.S. Crude over $53 Whitehouse says there will be no impact - Gas prices rising fast towards $3

[Tripleshot]

Originally posted by: dmcowen674

Originally posted by: digitalsm
Its been holding steady at $1.36 around here, or was last I checked.

As for gas only dropping pennies every few months. The price of gas dropped $.15 in less than a week when the war was "over", and before that it would swing $.05-.06 on a weekly basis.

OK, after the war it went from 1.40 to 1.28 here, that is the exception rather than the rule, how do you account for 99% of the rest of the time that they raise the price 10, 15 or 20 cents overnight and it is months to see a few pennies come off. Oh, also there were stations here changing the price 2 and 3 times in one day. Last week watched the local BP station start off in the morning at 1.38, then in the afternoon 1.44, then around 6 Pm it is 1.49. This is not the first time I have seen this station do this as well as others and not just BP, any explanations???

Uh, Greed? Who is running this country now, oil barons? Funny, the supply goes down right when labor day is coming up and people are finishing vacations and planning for 3 day weekend at the lakes.

Vote non oil baron Democrats who do care about your wallet in 2004, not the ratbastards in office now.
:|

 

[digitalsm]

Originally posted by: dmcowen674

Originally posted by: digitalsm
Its been holding steady at $1.36 around here, or was last I checked.

As for gas only dropping pennies every few months. The price of gas dropped $.15 in less than a week when the war was "over", and before that it would swing $.05-.06 on a weekly basis.

OK, after the war it went from 1.40 to 1.28 here, that is the exception rather than the rule, how do you account for 99% of the rest of the time that they raise the price 10, 15 or 20 cents overnight and it is months to see a few pennies come off. Oh, also there were stations here changing the price 2 and 3 times in one day. Last week watched the local BP station start off in the morning at 1.38, then in the afternoon 1.44, then around 6 Pm it is 1.49. This is not the first time I have seen this station do this as well as others and not just BP, any explanations???

Ive never seen a $.10 cent change overnight where I live. Although a couple of stores used to have gas for sale $.05 cheaper certain days of the week. The gas prices around here have never jumped 15 or .20 in a single week let alone a day.

 

[digitalsm]

Originally posted by: Tripleshot

Originally posted by: dmcowen674

Originally posted by: digitalsm
Its been holding steady at $1.36 around here, or was last I checked.

As for gas only dropping pennies every few months. The price of gas dropped $.15 in less than a week when the war was "over", and before that it would swing $.05-.06 on a weekly basis.

OK, after the war it went from 1.40 to 1.28 here, that is the exception rather than the rule, how do you account for 99% of the rest of the time that they raise the price 10, 15 or 20 cents overnight and it is months to see a few pennies come off. Oh, also there were stations here changing the price 2 and 3 times in one day. Last week watched the local BP station start off in the morning at 1.38, then in the afternoon 1.44, then around 6 Pm it is 1.49. This is not the first time I have seen this station do this as well as others and not just BP, any explanations???

Uh, Greed? Who is running this country now, oil barons? Funny, the supply goes down right when labor day is coming up and people are finishing vacations and planning for 3 day weekend at the lakes.

Vote non oil baron Democrats who do care about your wallet in 2004, not the ratbastards in office now.
:|

You honestly believe that if we had a president that had zero ties to the oil industry, that gas would be alot cheaper than it is now? LOL. Considering US gas is by far the cheapest in the world, and could be alot higher, all I can say is LOL.

 

[dmcowen674]

Originally posted by: digitalsm

Originally posted by: dmcowen674

Originally posted by: digitalsm
Its been holding steady at $1.36 around here, or was last I checked.

As for gas only dropping pennies every few months. The price of gas dropped $.15 in less than a week when the war was "over", and before that it would swing $.05-.06 on a weekly basis.

OK, after the war it went from 1.40 to 1.28 here, that is the exception rather than the rule, how do you account for 99% of the rest of the time that they raise the price 10, 15 or 20 cents overnight and it is months to see a few pennies come off. Oh, also there were stations here changing the price 2 and 3 times in one day. Last week watched the local BP station start off in the morning at 1.38, then in the afternoon 1.44, then around 6 Pm it is 1.49. This is not the first time I have seen this station do this as well as others and not just BP, any explanations???

Ive never seen a $.10 cent change overnight where I live. Although a couple of stores used to have gas for sale $.05 cheaper certain days of the week. The gas prices around here have never jumped 15 or .20 in a single week let alone a day.

This is from thread on Off Topic, this guy just watched a station raise the price three times in one day today.
Gas prices up 20 cents in like 3 days!

Originally posted by: JC
It's going up faster than just before we invaded Iraq....$1.69 one day, $1.73 the next, then $1.79, now $1.83 this morning and $1.89 this afternoon!?!?!?!?

I'm afraid to drive by the gas station tomorrow...no, wait, I have to GET gas tomorrow

WTF is going on? When will the madness end????

 

[RDWYTruckDriver]

Here in the Portland,Oregon Metro area reg unleaded is anywhere from $1.82 to $1.58 as of today. Luckily, I can fill up at a station near where I work for the $1.58 gal price.

 

[etech]

Dave, did you post my link showing that gasoline prices are still historically inexpensive?



C'mon Dave, you made the statement "I bet the Feds are allowing it just to show that the War was not oil."

I'm taking the bet. Can you prove by any means what you said? If not, why did you say it? Partisan BS?

 

[dmcowen674]

Originally posted by: etech
Dave, did you post my link showing that gasoline prices are still historically inexpensive?



C'mon Dave, you made the statement "I bet the Feds are allowing it just to show that the War was not oil."

I'm taking the bet. Can you prove by any means what you said? If not, why did you say it? Partisan BS?

Why did I say it? I'm not into that Partisan nonsense, only results. Time will tell and we will see how long and how high the prices go up before we see the current President (I don't care if he is Rep or Dem) start speaking up about it and mention releasing reserves to stabilize prices. The last President did just that and strangely enough the prices stopped rising, wonder why???

 

[RDWYTruckDriver]

When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

 

[BarneyFife]

Originally posted by: RDWYTruckDriver
When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

Of course the US pays less than Europe. I don't think we should compare ourselves and say "wow we should be glad". In Germany they have free college tutition and free health care.

 

[BarneyFife]

Originally posted by: Tripleshot

Originally posted by: dmcowen674

Originally posted by: digitalsm
Its been holding steady at $1.36 around here, or was last I checked.

As for gas only dropping pennies every few months. The price of gas dropped $.15 in less than a week when the war was "over", and before that it would swing $.05-.06 on a weekly basis.

OK, after the war it went from 1.40 to 1.28 here, that is the exception rather than the rule, how do you account for 99% of the rest of the time that they raise the price 10, 15 or 20 cents overnight and it is months to see a few pennies come off. Oh, also there were stations here changing the price 2 and 3 times in one day. Last week watched the local BP station start off in the morning at 1.38, then in the afternoon 1.44, then around 6 Pm it is 1.49. This is not the first time I have seen this station do this as well as others and not just BP, any explanations???

Uh, Greed? Who is running this country now, oil barons? Funny, the supply goes down right when labor day is coming up and people are finishing vacations and planning for 3 day weekend at the lakes.

Vote non oil baron Democrats who do care about your wallet in 2004, not the ratbastards in office now.
:|

It's all a mind game by the elite/oil barons. In 1999, gas was around 1.10 in my hood. In 2000 the gas mysteriously jumped to over 2.00, now we consider it cheap when it's at 1.40. We will be going through another phase pretty soon when the American sheep will think gas costing 1.65 is cheap and so on. I can just imagine Bush and Cheney laughing all the way to the bank.

 

[dmcowen674]

It's all a mind game by the elite/oil barons. In 1999, gas was around 1.10 in my hood. In 2000 the gas mysteriously jumped to over 2.00, now we consider it cheap when it's at 1.40. We will be going through another phase pretty soon when the American sheep will think gas costing 1.65 is cheap and so on. I can just imagine Bush and Cheney laughing all the way to the bank.

Ding, ding, ding, ding.... we have a Winner!!!

Not just Bush & Cheney laughing though.

 

[da loser]

Originally posted by: BarneyFife

Originally posted by: RDWYTruckDriver
When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

Of course the US pays less than Europe. I don't think we should compare ourselves and say "wow we should be glad". In Germany they have free college tutition and free health care.

free huh? so do german schools let anyone into college? or do they have standardized testing to get in?

[L=eia how gasoline pricing works]http://www.eia.doe.gov/pub/oil_gas/petroleum/feature_articles/2003/gasolinepass/gasolinepass.htm[L]

btw the reason why prices were so cheap during clinton was surprise surprise oil was cheap. i really hope the economy improves before the election and bush gets elected just so you guys realize just how little bush has affected your precious $1 gasolline. although bush didn't help himself by starting a war, but he probably realized he might as well do something rather than roll the dice and see if he can start a war later.

i'm betting jobs aren't back and he will lose, then dean will get all the credit for doing absolutely nothing. funny how doing nothing helps the economy. dumb republicans always think they're smarter than everyone else, so they fvck with the economy and create instability.

then we'll be stuck with free healthcare, ugh. at least i can go get a free triple bypass after eating steaks everyday. yippee

maybe dean will live up to his fiscal responsibility bit and use the good economy wisely and create a surplus.

 

[B00ne]

Originally posted by: BarneyFife

Originally posted by: RDWYTruckDriver
When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

Of course the US pays less than Europe. I don't think we should compare ourselves and say "wow we should be glad". In Germany they have free college tutition and free health care.

If we had free health care, I wonder why $250 are taken from my salary every month (and another 250 from my employer).

We pay $4/gal.

so do german schools let anyone into college?

Anyone that passed the Abitur in Gymnasium. If that what u want to study is very popular(more applicants than places), then UNIs have either a numurus clausus (need a certain grade to get in) and waiting time, or national distribution, based on grades, waiting time, special tests(only for medicine though)

 

[Syringer]

You people are silly if you think an extra $10 a week will hurt someone in a $30-40,000 automobile.

And engine size makes little difference when it comes to gas mileage. The size, shape and weight of the car is what determines the bulk of it. If anything a smaller engine will have to work harder to move the vehicle, requiring a different set of gears which might end up reducing mileage.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: BarneyFife

Originally posted by: RDWYTruckDriver
When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

Of course the US pays less than Europe. I don't think we should compare ourselves and say "wow we should be glad". In Germany they have free college tutition and free health care.

Fifer, besides knowing nothing about economics, I am guessing you probably still live at home with mom and dad while you attend community college studying computers (this is what you said your major is, right?). Have you been to Germany? Have you been in a German hospital? Know of anyone with a degree in Germany who has also studied in the states? Before you spout off with the "free" nonsense, do your homework, bud...

 

[dmcowen674]

Originally posted by: Syringer
You people are silly if you think an extra $10 a week will hurt someone in a $30-40,000 automobile.

And engine size makes little difference when it comes to gas mileage. The size, shape and weight of the car is what determines the bulk of it. If anything a smaller engine will have to work harder to move the vehicle, requiring a different set of gears which might end up reducing mileage.

A lot of the people (ie Soccor Moms etc) got these monstrous vehicles but can barely get by and have a lot of credit card debt. I personally know many and it is not an extra $10. These Gas guzzlers have huge gas tanks, it was costing $35 to fill the tank and now costing $60.

They were not smart getting these Gigantic vehicles and the Manufacturers aren't brilliant for making them either, both are at fault and we all pay. There is no excuse that these women are driving vehicles that get the same if not worse gas mileage of cars built around 1973 when Gas prices shot up on purpose. It was a wake up call and instead this Country took a tranquilizer.

I saw the CBS report where GM has developed the Hydrogen Car. They want the American Taxpayer to foot the bill in implementing the entire infrastructure change of outfitting all Gas Stations with Hydrogen Pumps as well as footing the bill for producing the Hydrogen, then they said they would sell the cars.

 

[etech]

Originally posted by: dmcowen674

Originally posted by: etech
Dave, did you post my link showing that gasoline prices are still historically inexpensive?



C'mon Dave, you made the statement "I bet the Feds are allowing it just to show that the War was not oil."

I'm taking the bet. Can you prove by any means what you said? If not, why did you say it? Partisan BS?

Why did I say it? I'm not into that Partisan nonsense, only results. Time will tell and we will see how long and how high the prices go up before we see the current President (I don't care if he is Rep or Dem) start speaking up about it and mention releasing reserves to stabilize prices. The last President did just that and strangely enough the prices stopped rising, wonder why???

In other words, you have absolutely no proof of the allegations you made. I would have thought that you, of all the people on this board, would be more careful about doing something like that.

 

[DaiShan]

Originally posted by: xxxxxJohnGaltxxxxx

Originally posted by: BarneyFife

Originally posted by: RDWYTruckDriver
When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

Of course the US pays less than Europe. I don't think we should compare ourselves and say "wow we should be glad". In Germany they have free college tutition and free health care.

Fifer, besides knowing nothing about economics, I am guessing you probably still live at home with mom and dad while you attend community college studying computers (this is what you said your major is, right?). Have you been to Germany? Have you been in a German hospital? Know of anyone with a degree in Germany who has also studied in the states? Before you spout off with the "free" nonsense, do your homework, bud...

More of the same from you, however I am not too cowardly to step up to the plate, I offer the premise of France. Education in france is funded completely by taxes as far as you want to go the public school system is free. You have to take tests to get into college etc, and you take career tests to determine if you should go to college or like a technical school. Now I'm not sure what type of point you sought to make with your abusive comment agains Barney's current place of residence, but you surely did not go on topic.

 

[DaiShan]

Originally posted by: etech

Originally posted by: dmcowen674

Originally posted by: etech
Dave, did you post my link showing that gasoline prices are still historically inexpensive?



C'mon Dave, you made the statement "I bet the Feds are allowing it just to show that the War was not oil."

I'm taking the bet. Can you prove by any means what you said? If not, why did you say it? Partisan BS?

Why did I say it? I'm not into that Partisan nonsense, only results. Time will tell and we will see how long and how high the prices go up before we see the current President (I don't care if he is Rep or Dem) start speaking up about it and mention releasing reserves to stabilize prices. The last President did just that and strangely enough the prices stopped rising, wonder why???

In other words, you have absolutely no proof of the allegations you made. I would have thought that you, of all the people on this board, would be more careful about doing something like that.

Good God you are so overly adversarial when blinded by your partisan rhetoric. I took it as an off handed statement, what proof there is will remain to be seen, probably after bush and his cronies are voted out.

 

[dmcowen674]

Originally posted by: etech

Originally posted by: dmcowen674

Originally posted by: etech
Dave, did you post my link showing that gasoline prices are still historically inexpensive?

C'mon Dave, you made the statement "I bet the Feds are allowing it just to show that the War was not oil."

I'm taking the bet. Can you prove by any means what you said? If not, why did you say it? Partisan BS?

Why did I say it? I'm not into that Partisan nonsense, only results. Time will tell and we will see how long and how high the prices go up before we see the current President (I don't care if he is Rep or Dem) start speaking up about it and mention releasing reserves to stabilize prices. The last President did just that and strangely enough the prices stopped rising, wonder why???

In other words, you have absolutely no proof of the allegations you made. I would have thought that you, of all the people on this board, would be more careful about doing something like that.

You're right about one thing, I am still a person on the outside looking in but I am doing the best I can to get first hand information.

Yes, since I have seen and been victimized by the Political corruption personally in a little Southern State I am no longer afraid to connect the dots and also no longer just a sheep in the pasture. I go to local Commission meetings now, I go to the Capitol of Georgia when there is open meetings on issues such as the State DMCA. I am in touch with many heads of Organizations and Journalists.

What do you do?

 

[BarneyFife]

Originally posted by: xxxxxJohnGaltxxxxx

Originally posted by: BarneyFife

Originally posted by: RDWYTruckDriver
When I was serving in West Germany in 1984 those people were paying in the $3.00 range for gas then. I don't know what they are paying now but in all the US I think pays less than the average consumer worldwide.

Of course the US pays less than Europe. I don't think we should compare ourselves and say "wow we should be glad". In Germany they have free college tutition and free health care.

Fifer, besides knowing nothing about economics, I am guessing you probably still live at home with mom and dad while you attend community college studying computers (this is what you said your major is, right?). Have you been to Germany? Have you been in a German hospital? Know of anyone with a degree in Germany who has also studied in the states? Before you spout off with the "free" nonsense, do your homework, bud...

Listen Johnny, we know you have a miserable job and life so I'm willing to start a collection plate to get you the medication you need to control all your bitterness. I've been to different parts of Europe (No, I wasn't in some dorky chess club like you) and the people mysteriously live longer than us and they have get this, doctors too. Can you believe that? They have actual doctors. Wow.

 

[XZeroII]

Originally posted by: dmcowen674

It's all a mind game by the elite/oil barons. In 1999, gas was around 1.10 in my hood. In 2000 the gas mysteriously jumped to over 2.00, now we consider it cheap when it's at 1.40. We will be going through another phase pretty soon when the American sheep will think gas costing 1.65 is cheap and so on. I can just imagine Bush and Cheney laughing all the way to the bank.

Ding, ding, ding, ding.... we have a Winner!!!

Not just Bush & Cheney laughing though.

You don't know a thing about economics do you? Prices rise with inflation. Look at the historical chart link earlier in the thread. Everyone always talks about how gas prices always go up, up, up, but if that were true, we would be paying like $5 per gallon right now. I hate paying high gas prices, but they have to go up to keep up with inflation. You are just using the same faulty logic that environmentalists have been using for decades when they would talk about how we would be out of oil by 1980 and how all forests would be gone by 2000. You are assuming that all trend continue, but they don't. I remember back when I first got my licence (around 5 years ago), gas was only around $.99 by me! Just because it costs more now, doesn't mean that it will cost more 5 years from now. In 5 years, it may only cost $1.20 or $1.10 (adjusted for inflation). Gas prices are a market, and thus will fluctuate based on supply and demand. Our gov't MUST control prices. They have to or else the oil cartels will jack the price up incredibly high. You should be thanking our gov't for keeping prices so low. Although this may sound stereotypical, you sound like a typical democrat. You assume that republicans are screwing you over and laughing at you. Well guess what, THAT'S LIFE!!!

 

[etech]

Originally posted by: dmcowen674

Originally posted by: etech

Originally posted by: dmcowen674

Originally posted by: etech
Dave, did you post my link showing that gasoline prices are still historically inexpensive?

C'mon Dave, you made the statement "I bet the Feds are allowing it just to show that the War was not oil."

I'm taking the bet. Can you prove by any means what you said? If not, why did you say it? Partisan BS?

Why did I say it? I'm not into that Partisan nonsense, only results. Time will tell and we will see how long and how high the prices go up before we see the current President (I don't care if he is Rep or Dem) start speaking up about it and mention releasing reserves to stabilize prices. The last President did just that and strangely enough the prices stopped rising, wonder why???

In other words, you have absolutely no proof of the allegations you made. I would have thought that you, of all the people on this board, would be more careful about doing something like that.

You're right about one thing, I am still a person on the outside looking in but I am doing the best I can to get first hand information.

Yes, since I have seen and been victimized by the Political corruption personally in a little Southern State I am no longer afraid to connect the dots and also no longer just a sheep in the pasture. I go to local Commission meetings now, I go to the Capitol of Georgia when there is open meetings on issues such as the State DMCA. I am in touch with many heads of Organizations and Journalists.

What do you do?

I'll tell you what I don't do.
I don't spread unfounded, baseless, inaccurate allegations and lies on the internet.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: DaiShan

More of the same from you, however I am not too cowardly to step up to the plate, I offer the premise of France. Education in france is funded completely by taxes as far as you want to go the public school system is free.

Thanks for stepping up to the plate, Bonds; here comes the pitch:

Given that you offered the premise of France to further your argument and invoke the fallacious "look, they have free stuff" argument, I am going to assume you are knowledgeable about the tax structure in France; are you not? If so, perhaps you could enlighten your fans on a few different taxes:

1.)Taxe d'habition
2.)Taxe foncière
3.) Income Tax
4.) VAT

As I am sure you know, anyone who lives in France pays #1, whether you are just renting a "flat", or whether you own the residence. #2 is paid by home owners. Moreover, if you own your own home, you pay both taxes.

Are you currently renting a home, sir? If so, tuck a nice sized chuck of your disposable income in your bat, Bonds, and we'll come back to that.

#3 speaks for itself.

#4, the French's favorite "hidden tax of all," VAT. More than 20% of all taxes in France is, of course, VAT in nature...last time I checked, the rate was 19.6%, so add that to some of your major purchases each month, calculate the amount you paid in excess of the actual price, then put some more of your disposable income in your proverbial bat.

Since this link is about gas, shall we discuss the cost of a litter of gas in France? How much gas does your car hold, sir? How many times a week do you fill-up? Let's assume you are currently paying $2 a gallon, so we'll double the cost on you and add the difference to your bat, Bonds..you are now ready to hit a home run with all that added weight [your money given to the government to pay for free things] you have in your bat.

As for XXXXXJOHNGALTXXXXX, I pay about $1.60/gallon for a gallon of gas, and I fill up, on average, twice a week (Yea, I know...another dumb American who exercised his freedom of choice and decided I would spend the money "I" earned on a "big, stupid, truck."). Assuming I have a 30-gallon tank, normally, I incur an expense of ~$384.00 a month for gas alone (in America). Now I take my big stinking truck to France, home of the cheese, and I drive the same distance each morning and use the same amount of gas each month. My exacerbated gas expenses are now $960.00. Guess what I could by with the difference? Healthcare, perhaps? But let us not stop there, Bonds.

I own a home, which I rent out, and I am currently renting a townhouse in D.C. Therefore, both #1 and #2 in the above tax plan apply to me. I pay tax for owning my home, as we do in America, but I also pay tax on the place I rent, as does the owner...add another couple hundred to my monthly tax expenses, sir.

My wife recently purchased a chaise and a sofa for our house. The former cost ~ $750 and the latter was ~$2K. Therefore, there goes another $220.00 of my disposable income to Uncle Franc. Granted, they don't have a sales tax, but I would rather pay a measly 4% than an astronomical +16%. Then again, then get "free health care."

I am not sure how much I pay a month for my family PPO plan, but I think it's around $200-$250 twice a month, but I could be wrong. I can go to any doctor I want, get any test I want performed (though I haven't been to the doctor in about 6 years for anything), and get my drugs for cheap. My savings in gas alone covers my healthcare plan.

In short, the socialist countries of this world can keep their "Free" healthcare and public school/college programs; I would rather pay for mine.

I am sure you are thinking, "what about the people who can't afford your PPO premiums; what are they to do?" Well, if you want to throw in an exogenous argument that goes beyond the "free healthcare for all" argument, then, as Bonds would say, batter up. I love talking about the problems of failed welfare-states

 

[etech]

More bad news for gas prices. The power blackout shut down three refineries.

U.S. blackouts shut three Midwest oil refineries

NEW YORK, Aug 15 (Reuters) - The largest blackout in North American history forced three oil refineries in the U.S. Midwest to shut down on Thursday night, threatening already thin fuel stockpiles in the region.
...


Dave, I guess the power blackout is just a government conspriacy to raise gasoline price, sink the economy and get a democrat elected in 2004. Those dastardly neo-cons. /sarcasm off