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Old 04-23-2007, 08:40 AM  
Donger Donger is offline
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!

Last edited by Donger; 10-10-2014 at 01:43 PM..
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Old 04-23-2007, 09:46 AM   #31
sd4chiefs sd4chiefs is offline
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Originally Posted by Donger
So, what are you doing to combat the prices, if that's what you are pissed about?
If you can't beat them, join them.

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Old 04-23-2007, 09:48 AM   #32
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Old 04-23-2007, 09:51 AM   #33
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Originally Posted by NewChief
As someone who does quite a bit of traveling to see family, gas prices are really killing me. Every time I go see my mother, or we go see my wife's family, we're spending around $120 in gas alone.
Video phones?
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Old 04-23-2007, 09:52 AM   #34
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I'd like to see the Govt go into the Refinery business soon.


Buy American.
Fill up with Ethynol or BioD.


Now, the arsehole petroleum companies are trying to get in on the monies for renewable fuels, by refining a small amount of animal fat....which will take huge sums of money intended for the Biofuel industry......which creates alot of good rural jobs, as well as the other obvious products.
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Old 04-23-2007, 09:53 AM   #35
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Originally Posted by kepp
Video phones?
Heh. We've actually talked about it. There's still some things we have to go down there for, though.
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Old 04-23-2007, 09:54 AM   #36
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Originally Posted by Iowanian
I'd like to see the Govt go into the Refinery business soon.


Buy American.
Fill up with Ethynol or BioD.
I don't see that happening until the oil business gets out the government, which won't happen any time soon.
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Old 04-23-2007, 10:02 AM   #37
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Old 04-23-2007, 10:10 AM   #38
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Damn.....$3.24 in Northern Cali. Obviously thats not as bad as San Francisco....but still.
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Old 04-23-2007, 10:21 AM   #39
Donger Donger is offline
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Quote:
Originally Posted by Valiant
No I am saying DEMAND was down last year and early this year and they cut it to keep their profit levels high... They forced the price hike, on us when the market did not call for it...

Americans were not using as much gas and dropping the price of it..
Actually demand has continued to increase annually.

http://tonto.eia.doe.gov/oog/info/tw...ne.html#demand
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Old 04-23-2007, 10:44 AM   #40
Valiant Valiant is offline
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Quote:
Originally Posted by Donger
Actually demand has continued to increase annually.

http://tonto.eia.doe.gov/oog/info/tw...ne.html#demand

Actually your site just verifies everything I have typed already...

Those charts show demand was down last year and early this year, and they kept on raising the prices and cutting supply... It's JUST NOW starting to go back up in April as should the price for supply and demand since summer is coming...

But they created a false demand earlier in the year buy cutting supply to keep the prices higher...

It is what I typed earlier before you got off on your supply and demand tangent...
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Old 04-23-2007, 10:48 AM   #41
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Quote:
Originally Posted by Valiant
Actually your site just verifies everything I have typed already...

Those charts show demand was down last year and early this year, and they kept on raising the prices and cutting supply... It's JUST NOW starting to go back up in April as should the price for supply and demand since summer is coming...

But they created a false demand earlier in the year buy cutting supply to keep the prices higher...

It is what I typed earlier before you got off on your supply and demand tangent...
Demand varies by season. People drive more in the spring and summer months. Therefore, demand increases during those months.

You said, "DEMAND was down last year and early this year." If you are referring to seasonal demand changes, yes, demand was down last winter and early this year as compared to last summer. But that happens every year. If you look at the demand curves on the last graphic in that link, however, you'll see that overall demand is in fact up when compared to previous years.
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Old 04-23-2007, 10:49 AM   #42
Calcountry Calcountry is offline
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Quote:
Originally Posted by Donger
So, what are you doing to combat the prices, if that's what you are pissed about?
Everyone still idles there Yukon's at the McDonalds rather than go in.

So donger, the question I have for you is, "Do you believe in the Peak Oil theory?"
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Old 04-23-2007, 10:52 AM   #43
Calcountry Calcountry is offline
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Quote:
Originally Posted by Iowanian
I'd like to see the Govt go into the Refinery business soon.


Buy American.
Fill up with Ethynol or BioD.


Now, the arsehole petroleum companies are trying to get in on the monies for renewable fuels, by refining a small amount of animal fat....which will take huge sums of money intended for the Biofuel industry......which creates alot of good rural jobs, as well as the other obvious products.
We could produce a lot more oil if the Government would let us.

Don't worry, the Chinese will be along soon to drill off our coasts.
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Old 04-23-2007, 10:54 AM   #44
Donger Donger is offline
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Quote:
Originally Posted by bunnytrdr
Everyone still idles there Yukon's at the McDonalds rather than go in.

So donger, the question I have for you is, "Do you believe in the Peak Oil theory?"
I honestly don't know enough about the theory to believe or not believe it.
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Old 04-23-2007, 10:55 AM   #45
Calcountry Calcountry is offline
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Originally Posted by Valiant
"As recently as August, investors were selling oil refiners on concern an economic slowdown would slash fuel demand in the U.S., the world's largest energy market. During seven weeks last August and September, Valero shares fell 29 percent, wiping out $12 billion in market value."


But we cut production to start to drive the demand back up so we did not lose any money... And we are going to tell you now that their is more demand for it, even though every day more and more people are buying more fuel efficient vehicles...
BTW, VLO recovered all of that market cap.
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