Original Gas Thread: Americans enjoying $4 gallon despite oil oversupply highest in 8 yrs

[Whoozyerdaddy]

Originally posted by: shrumpage

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: PaulNEPats
Time to drill in Alaska.

As a full time Alaskan, i 2nd that.

Me too... Which part are you in? (and I agree... drill drill drill)

South central - Kodiak. Where u at?

Fairbanks.

 

[umbrella39]

How much do you guys up there pay for gas right now? Is it more or less than the 48? Wonders how much it costs in Hawaii? Must be pretty expensive.

 

[hardwareguru84]

Originally posted by: Engineer
Just heard on news that gas jumped another $0.21 today in Lexington, KY. Went from $2.48 to $2.69 per gallon!

*sigh*

Yeah, all the Speedway's here went from $2.59- to $2.79. Now everyone else will bump up to above that. Sigh.

 

[galperi1]

jumped from 2.79 to 2.99 for unleaded in Chicago yesterday

 

[Forsythe]

Did you know it costs about 5-6$ to get out one barrel of crude oil from the ground in the middle east. Where does the additional 56$ come from?
It can't cost that much to refine.

 

[GoPackGo]

Gas just went to $2.69 here YAY.

I am so happy.

When I bought my car it cost only $22.35 to fill now its $40.35.

Come on oil men...can we see $3.009 (can't forget the 9/10 of a cent) by the end of the month? or will it be SOONER

 

[firefaux]

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: PaulNEPats
Time to drill in Alaska.

As a full time Alaskan, i 2nd that.

Me too... Which part are you in? (and I agree... drill drill drill)

South central - Kodiak. Where u at?

Fairbanks.

i expected your conversation to sound more like this:

-which part are you in?
-the area with the trees and snow, where u at?
-the area with the trees and snow, but with some rocks.

ahhhh, alaska.

 

[GoPackGo]

Originally posted by: firefaux

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: PaulNEPats
Time to drill in Alaska.

As a full time Alaskan, i 2nd that.

Me too... Which part are you in? (and I agree... drill drill drill)

South central - Kodiak. Where u at?

Fairbanks.

i expected your conversation to sound more like this:

-which part are you in?
-the area with the trees and snow, where u at?
-the area with the trees and snow, but with some rocks.

ahhhh, alaska.

Alaska is nearly half the area of the continental 48....I say bring out the drills.

 

[dmcowen674]

Originally posted by: galperi1
jumped from 2.79 to 2.99 for unleaded in Chicago yesterday

What are all you guys sad about?

The higher the better.

It will reduce American's dependence on Middle East Oil remember?

 

[GoPackGo]

Originally posted by: dmcowen674

Originally posted by: galperi1
jumped from 2.79 to 2.99 for unleaded in Chicago yesterday

What are all you guys sad about?

The higher the better.

It will reduce American's dependence on Middle East Oil remember?

The only thing it's going to do is lower my dependence on my car.

 

[catnap1972]

Originally posted by: GoPackGo

Originally posted by: dmcowen674

Originally posted by: galperi1
jumped from 2.79 to 2.99 for unleaded in Chicago yesterday

What are all you guys sad about?

The higher the better.

It will reduce American's dependence on Middle East Oil remember?

The only thing it's going to do is lower my dependence on my car.

It'll also reduce your dependence on your wallet (cuz it'll be empty!)

 

[GoPackGo]

Originally posted by: catnap1972

Originally posted by: GoPackGo

Originally posted by: dmcowen674

Originally posted by: galperi1
jumped from 2.79 to 2.99 for unleaded in Chicago yesterday

What are all you guys sad about?

The higher the better.

It will reduce American's dependence on Middle East Oil remember?

The only thing it's going to do is lower my dependence on my car.

It'll also reduce your dependence on your wallet (cuz it'll be empty!)

Sad But True!

 

[Whoozyerdaddy]

Originally posted by: umbrella39
How much do you guys up there pay for gas right now? Is it more or less than the 48? Wonders how much it costs in Hawaii? Must be pretty expensive.

Lately it's been less. Way less than places like California and other large population centers I've been reading about. I paid $2.45 for premium last time I filled up.
We brew our own up here. I saw a sign for regular this morning for $2.33.

Hawaii gas prices are always ridiculous. When I was there in February they were in the $2.80's. I'd bet they're over $3 by now.

 

[GoPackGo]

Originally posted by: Whoozyerdaddy

Originally posted by: umbrella39
How much do you guys up there pay for gas right now? Is it more or less than the 48? Wonders how much it costs in Hawaii? Must be pretty expensive.

Lately it's been less. Way less than places like California and other large population centers I've been reading about. I paid $2.45 for premium last time I filled up.
We brew our own up here. I saw a sign for regular this morning for $2.33.

Hawaii gas prices are always ridiculous. When I was there in February they were in the $2.80's. I'd bet they're over $3 by now.

One can reasonably understand why price would be higher in Hawaii

 

[hardwareguru84]

It depends on the island really, O'ahu usually being the cheapest. In fact, their highest price on honolulugasprices.com is still 7-12 cents CHEAPER than the price all around me. Must be the price cap they instituted?

 

[Whoozyerdaddy]

Originally posted by: GoPackGo

Originally posted by: firefaux

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: Whoozyerdaddy

Originally posted by: shrumpage

Originally posted by: PaulNEPats
Time to drill in Alaska.

As a full time Alaskan, i 2nd that.

Me too... Which part are you in? (and I agree... drill drill drill)

South central - Kodiak. Where u at?

Fairbanks.

i expected your conversation to sound more like this:

-which part are you in?
-the area with the trees and snow, where u at?
-the area with the trees and snow, but with some rocks.

ahhhh, alaska.

Alaska is nearly half the area of the continental 48....I say bring out the drills.

More like 20%... but still. It's a very, very, very, big place. On Saturday the GF and I are driving to Valdez. Averaging 70mph it'll take 6-7 hours. And that's only driving across half the state. If you drive from Deadhorse (AKA Prudhoe Bay) to Anchorage it's a 13-15 hour drive.

 

[msparish]

Originally posted by: Forsythe
Did you know it costs about 5-6$ to get out one barrel of crude oil from the ground in the middle east. Where does the additional 56$ come from?
It can't cost that much to refine.

Supply and demand. Why in the world would you sell it for 6 bucks if you can sell every barrel at 10 times the price? Because the supply is limited, buying it is like an auction, with the oil going to the highest bidders.

 

[dmcowen674]

Originally posted by: catnap1972

Originally posted by: GoPackGo

Originally posted by: dmcowen674

Originally posted by: galperi1
jumped from 2.79 to 2.99 for unleaded in Chicago yesterday

What are all you guys sad about?

The higher the better.

It will reduce American's dependence on Middle East Oil remember?

The only thing it's going to do is lower my dependence on my car.

It'll also reduce your dependence on your wallet (cuz it'll be empty!)

Only if you are not rich.

 

[shrumpage]

gas here is $2.65 - it all has to be shipped in because we live on an island.

 

[dmcowen674]

8-17-2005 High gas prices widen divide between rich and poor

Though the current price spike is unlikely to generate stagflation or bring back WIN (Whip Inflation Now) buttons, it is being keenly felt by low-income workers, who spend a larger portion of their income on necessities such as food and fuel. For someone who drives 15,000 miles a year and gets 20 miles per gallon, a 60-cent jump means an extra $450 a year at the gas pump.

Though that might not seem like such a big deal to those in the more comfortable classes, it's far from trivial for workers already struggling with soaring costs for housing and health care.

Consider the cruel calculus of rising fuel prices faced by low- and moderate-income workers in high-priced communities. Many have been forced in recent years to commute longer distances because of rising housing costs. Now, they have to pay more to commute.

Rising fuel prices will have some impact on overall spending patterns. Money that goes into tanking up is money not spent at Best Buy, Wal-Mart or Starbucks. Energy-consuming industries such as airlines and trucking will suffer.

But the biggest impact of rising costs might be social rather than economic. They will accentuate the growing divisions between those eking out a living and those who find themselves well-off.

 

[dmcowen674]

Very cool.

While waiting to get to a Gas pump the price changed from $2.69 to $2.99 :thumbsup:

$45 to fill my tank

Was $80 a week to go to work, now $180 Woo hooo income going down according to Republican plan.

 

[catnap1972]

Originally posted by: dmcowen674
8-17-2005 High gas prices widen divide between rich and poor

Though the current price spike is unlikely to generate stagflation or bring back WIN (Whip Inflation Now) buttons, it is being keenly felt by low-income workers, who spend a larger portion of their income on necessities such as food and fuel. For someone who drives 15,000 miles a year and gets 20 miles per gallon, a 60-cent jump means an extra $450 a year at the gas pump.

Though that might not seem like such a big deal to those in the more comfortable classes, it's far from trivial for workers already struggling with soaring costs for housing and health care.

Consider the cruel calculus of rising fuel prices faced by low- and moderate-income workers in high-priced communities. Many have been forced in recent years to commute longer distances because of rising housing costs. Now, they have to pay more to commute.

Rising fuel prices will have some impact on overall spending patterns. Money that goes into tanking up is money not spent at Best Buy, Wal-Mart or Starbucks. Energy-consuming industries such as airlines and trucking will suffer.

But the biggest impact of rising costs might be social rather than economic. They will accentuate the growing divisions between those eking out a living and those who find themselves well-off.

"Blah--let em eat cake.

Not as if they contribute anything to society anway. If these worthless ingrates don't like it here, they can move to Iraq or something."

new RW party platform:

MAKING A NEW AMERICA FOR THE RICH--ONE GALLON AT A TIME!

 

[dmcowen674]

Originally posted by: catnap1972

MAKING A NEW AMERICA FOR THE RICH--ONE GALLON AT A TIME!

:thumbsup:

 

[RichPLS]

NO ELECTRIC CARS ON HORIZION!

Until the cars can be made complicated enough to keep the dealer's auto-shops in business.

The idea of an "real" electric motor is unrealistic, since an electric motor is generally much smpler than a gasoline engine.

There are so many things that can go wrong with a gasoline engine . . . I mean to say, that a gasoline engine really keeps a lot of people busy.

economics-stupid-simple

 

[RichPLS]

Gas was 88.9 cents per gallon in Georgia last January 2002
Today it is over $2.60 per gallon...

Lets see 3 years = 300% increase

Obviously there is no money in fuel