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Old 04-23-2007, 09:40 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 02:43 PM..
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Old 04-20-2011, 03:29 PM   #2596
Brock Brock is offline
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Yeah, there was a rather large (and unexpected) drop in our crude inventories this week. That's the reason for this bump.
LOL, right.
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Old 04-20-2011, 03:30 PM   #2597
Donger Donger is offline
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LOL, right.
And the dollar had a crappy day, too.
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Old 04-20-2011, 05:23 PM   #2598
Baconeater Baconeater is offline
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**** you Donger.
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Old 04-20-2011, 05:24 PM   #2599
BossChief BossChief is offline
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Funny how right after September 11th happened stations were charging 4 bucks a gallon and it was so unheard of that the government stepped in and slapped a bunch of wrists for "price gouging" and now the national average is close to that amount.

Just using Occams Razor one would have to think that George Bush played a big role in that, and possibly still does.

Would someone be kind enough to give little old me a synopsis on the events leading to such a huge rise in gas prices over the last 10 years?
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Old 04-20-2011, 05:37 PM   #2600
BigMeatballDave BigMeatballDave is offline
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Originally Posted by BossChief View Post
Funny how right after September 11th happened stations were charging 4 bucks a gallon and it was so unheard of that the government stepped in and slapped a bunch of wrists for "price gouging" and now the national average is close to that amount.

Just using Occams Razor one would have to think that George Bush played a big role in that, and possibly still does.

Would someone be kind enough to give little old me a synopsis on the events leading to such a huge rise in gas prices over the last 10 years?
Back during the summer of 2000, gas climbed to just over $2/gal. Not sure what the national average was. Anyway, no one blamed Clinton about it. Should we blame Obama for gas prices now?
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Old 04-20-2011, 05:42 PM   #2601
Donger Donger is offline
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**** you Donger.
What did I do?
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Old 04-20-2011, 05:43 PM   #2602
Baconeater Baconeater is offline
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Quote:
Originally Posted by BossChief View Post
Funny how right after September 11th happened stations were charging 4 bucks a gallon and it was so unheard of that the government stepped in and slapped a bunch of wrists for "price gouging" and now the national average is close to that amount.

Just using Occams Razor one would have to think that George Bush played a big role in that, and possibly still does.

Would someone be kind enough to give little old me a synopsis on the events leading to such a huge rise in gas prices over the last 10 years?
Increases in demand, especially from India and China. And then throw in a big pile of greed and you have $4/gallon gas.
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Old 04-20-2011, 05:44 PM   #2603
Baconeater Baconeater is offline
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What did I do?
Somehow, you're a part of this.
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Old 04-20-2011, 05:46 PM   #2604
Donger Donger is offline
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Quote:
Originally Posted by BossChief View Post
Funny how right after September 11th happened stations were charging 4 bucks a gallon and it was so unheard of that the government stepped in and slapped a bunch of wrists for "price gouging" and now the national average is close to that amount.

Just using Occams Razor one would have to think that George Bush played a big role in that, and possibly still does.

Would someone be kind enough to give little old me a synopsis on the events leading to such a huge rise in gas prices over the last 10 years?
I'm not familiar with any price gouging at the retail level after 9/11.

George Bush had/has VERY little to do with gasoline prices. Neither does Obama. About the only thing they can do to influence the price of crude is a release from the SPR or start a war.

Crude has risen (and fallen) over the ten year period. Gasoline is refined from crude oil, hence the price of gasoline is directly related to the price of crude. Crude for various reasons.
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Old 04-20-2011, 05:46 PM   #2605
Donger Donger is offline
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Somehow, you're a part of this.
Oh.
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Old 04-20-2011, 05:49 PM   #2606
Baconeater Baconeater is offline
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I remember hearing about some isolated gouging after 9/11, it wasn't anything widespread.
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Old 04-20-2011, 05:50 PM   #2607
Bwana Bwana is offline
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I hesitate to ask this, but you drive/ride something that requires high octane?
One of my outfits has a supercharger on it, so yes it does.
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Old 04-20-2011, 05:50 PM   #2608
Donger Donger is offline
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I remember hearing about some isolated gouging after 9/11, it wasn't anything widespread.
Hmmm. I don't remember that.

There was also what some called "gouging" after Katrina rolled through. Some stations were charging $6/gallon in the SE.
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Old 04-20-2011, 05:51 PM   #2609
BigMeatballDave BigMeatballDave is offline
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I'm not familiar with any price gouging at the retail level after 9/11.
On 9/11, there were reports of several stations trying to gouge people. Cease and desist orders given out by Cleveland police to some local retailers.
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Old 04-20-2011, 05:52 PM   #2610
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One of my outfits has a supercharger on it, so yes it does.
I figured that you did. I wonder how many people own vehicles that don't require it and buy it anyway because they think that it gets them better power.
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