Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Royal Lounge

Reply
 
Thread Tools Display Modes
Old 04-23-2007, 08:40 AM  
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 
Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
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..
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-16-2007, 10:49 AM   #271
Bowser Bowser is offline
Eff an A, Cotton!!
 
Bowser's Avatar
 

Join Date: Jan 2004
Location: In Transition
Casino cash: $13892
I am convinced that Donger either works for one of the large oil companies, or has a good sum of money tied up with said oil companies. NTTIAWWT, of course.
Posts: 52,460
Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.Bowser is obviously part of the inner Circle.
  Reply With Quote
Old 05-16-2007, 10:52 AM   #272
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
Quote:
Originally Posted by Bowser
I am convinced that Donger either works for one of the large oil companies, or has a good sum of money tied up with said oil companies. NTTIAWWT, of course.
I don't know why you are convinced of that.

Regardless, you are wrong.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-16-2007, 05:36 PM   #273
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
I thought some might find this interesting.

Gasoline FAQs

Regular readers of This Week In Petroleum are used to seeing non-oil-related comments tied to oil markets at the beginning of each issue. However, with the U.S. average retail price for regular gasoline reaching a new record (unadjusted for inflation), it is best to get straight to the facts, as EIA sees them. Judging from the way our phones have been ringing off the hook, there is a high level of interest in gasoline prices. Below are some of the frequently asked questions (FAQs) about gasoline markets addressed to EIA in recent days.

Why are gasoline prices so high?

Gasoline inventories have recently been drawn down at a dramatic rate to bridge the gap between supply and demand (see Figure 4, in the Weekly Petroleum Status Report (WPSR)). Over 12 consecutive weeks during February, March, and April, total gasoline inventories declined by a cumulative total of more than 34 million barrels (15 percent). This is the sharpest decline in gasoline inventories over a consecutive 12-week period in EIA’s recorded historical data. Lower import levels than last year and numerous refinery outages, due to both maintenance and unexpected incidents, have slowed supply growth, while at the same time, demand continues to grow, even with prices around $3 per gallon. While demand growth has slowed somewhat in recent weeks, over the four-week period ending May 11, preliminary data suggests that gasoline demand is still 1.0 percent (or nearly 100,000 barrels per day) greater than year-ago levels

Is there an end in sight or will gasoline prices continue to rise all summer?

Although gasoline inventories are expected to remain lower than normal throughout the summer, high prices have encouraged more supply and inventories have increased slightly the last two weeks. Domestic gasoline production has increased by more than 500,000 barrels per day in the last three weeks and total gasoline imports (including blending components) during the week ending May 11, rose above 1.5 million barrels per day, making that week the fifth highest weekly import volume ever and the highest since last May. Should imports continue at such levels and more domestic refinery capacity come back online, supplies will improve and wholesale prices could come down. However, with gasoline inventories likely to remain low all summer, retail prices are expected to remain close to $3 per gallon during the entire summer season. Prices could rise again towards the end of summer if demand surges, as it often does, in late July and August. However, absent any major petroleum infrastructure problems or overseas disruption in supplies, the average national retail price for regular gasoline is not expected to rise much beyond its present range, although a significant spread in regional price is likely to persist.

What can consumers do to help lower gasoline prices? What about boycotts?

Yesterday (May 15), some consumers heeded a call spread through the Internet to not buy gas that day. However, if these consumers simply shift their gasoline purchases to a different day, while continuing to use the same amount of fuel, no reduction in actual consumption of gasoline will have occurred. While EIA “neither formulates nor advocates any policy conclusions,” (see this statement on EIA’s independence), if prices are high due to supply and demand factors, and consumers cannot directly increase supply, reducing demand is left as the main option for consumers.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-17-2007, 08:03 AM   #274
chasedude chasedude is offline
Supporter
 
chasedude's Avatar
 

Join Date: Sep 2005
Location: St. Joe
Casino cash: $5000
Quote:
Originally Posted by Donger
I thought some might find this interesting.

Gasoline FAQs

Regular readers of This Week In Petroleum are used to seeing non-oil-related comments tied to oil markets at the beginning of each issue. However, with the U.S. average retail price for regular gasoline reaching a new record (unadjusted for inflation), it is best to get straight to the facts, as EIA sees them. Judging from the way our phones have been ringing off the hook, there is a high level of interest in gasoline prices. Below are some of the frequently asked questions (FAQs) about gasoline markets addressed to EIA in recent days.

Why are gasoline prices so high?

Gasoline inventories have recently been drawn down at a dramatic rate to bridge the gap between supply and demand (see Figure 4, in the Weekly Petroleum Status Report (WPSR)). Over 12 consecutive weeks during February, March, and April, total gasoline inventories declined by a cumulative total of more than 34 million barrels (15 percent). This is the sharpest decline in gasoline inventories over a consecutive 12-week period in EIA’s recorded historical data. Lower import levels than last year and numerous refinery outages, due to both maintenance and unexpected incidents, have slowed supply growth, while at the same time, demand continues to grow, even with prices around $3 per gallon. While demand growth has slowed somewhat in recent weeks, over the four-week period ending May 11, preliminary data suggests that gasoline demand is still 1.0 percent (or nearly 100,000 barrels per day) greater than year-ago levels

Is there an end in sight or will gasoline prices continue to rise all summer?

Although gasoline inventories are expected to remain lower than normal throughout the summer, high prices have encouraged more supply and inventories have increased slightly the last two weeks. Domestic gasoline production has increased by more than 500,000 barrels per day in the last three weeks and total gasoline imports (including blending components) during the week ending May 11, rose above 1.5 million barrels per day, making that week the fifth highest weekly import volume ever and the highest since last May. Should imports continue at such levels and more domestic refinery capacity come back online, supplies will improve and wholesale prices could come down. However, with gasoline inventories likely to remain low all summer, retail prices are expected to remain close to $3 per gallon during the entire summer season. Prices could rise again towards the end of summer if demand surges, as it often does, in late July and August. However, absent any major petroleum infrastructure problems or overseas disruption in supplies, the average national retail price for regular gasoline is not expected to rise much beyond its present range, although a significant spread in regional price is likely to persist.

What can consumers do to help lower gasoline prices? What about boycotts?

Yesterday (May 15), some consumers heeded a call spread through the Internet to not buy gas that day. However, if these consumers simply shift their gasoline purchases to a different day, while continuing to use the same amount of fuel, no reduction in actual consumption of gasoline will have occurred. While EIA “neither formulates nor advocates any policy conclusions,” (see this statement on EIA’s independence), if prices are high due to supply and demand factors, and consumers cannot directly increase supply, reducing demand is left as the main option for consumers.
Very informative, thanks for posting Donger.
Posts: 36,278
chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.chasedude wants to die in a aids tree fire.
  Reply With Quote
Old 05-17-2007, 09:02 AM   #275
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
Quote:
Originally Posted by chasedude
Very informative, thanks for posting Donger.
You're welcome.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-23-2007, 11:48 AM   #276
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
Bump
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-25-2007, 07:42 AM   #277
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
Some good news...

Gas prices finally retreat

NEW YORK (CNNMoney.com) -- Gas prices may have finally topped out just ahead of the Memorial Day holiday as a modest decline in the average price ended a streak of 12 days of record highs.

It's unlikely the estimated 32 million drivers who will be hitting the road for the traditional start of the summer driving season will notice the savings, though, as the AAA survey Friday showed prices down only 0.2 cents to $3.225.

That decline will only save 4 cents for someone paying $64.50 to buy 20 gallons of gas. With that drop in price, a car getting 25 miles per gallon can go only 82 feet further, almost the distance from home plate to first base on a baseball diamond.

Still, it's the first time since May 12 that the AAA survey of 85,000 gas stations nationwide did not show a record high, and it's the first retreat in prices since May 9. The national average has now been above $3 a gallon since May 4.

Even with the record prices, AAA is predicting a record number of Americans will be hitting the road during the holiday weekend, with 38.3 million expected to travel 100 miles or more, up 1.7 percent from a year ago. And most of those - 32.1 million - will be driving, according to the motorist group.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-25-2007, 09:21 AM   #278
ottawa_chiefs_fan ottawa_chiefs_fan is online now
Starter
 
ottawa_chiefs_fan's Avatar
 

Join Date: Sep 2006
Location: Ottawa, Canada
Casino cash: $4256
Move to Canada, it's only $1.10 up here.
Posts: 751
ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.ottawa_chiefs_fan must have mowed badgirl's lawn.
  Reply With Quote
Old 05-25-2007, 09:26 AM   #279
Saulbadguy Saulbadguy is offline
When a nightmare becomes real
 
Saulbadguy's Avatar
 

Join Date: Nov 2003
Casino cash: $7062
Quote:
Originally Posted by ottawa_chiefs_fan
Move to Canada, it's only $1.10 up here.
a liter?
__________________
http://www.goemaw.com
Posts: 46,129
Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.Saulbadguy threw an interception on a screen pass.
  Reply With Quote
Old 05-25-2007, 09:51 AM   #280
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
What do you guys think? Do you agree with this number?

"Americans on average say that at $4.38 they would significantly cut back on the amount of driving they do."
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-30-2007, 12:03 PM   #281
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
Web site error rocks global oil markets



NEW YORK (Reuters) - World oil prices jumped briefly on Wednesday after a television station in Tulsa, Oklahoma -- the No. 62 U.S. media market -- posted an erroneous story about a refinery fire on its Web site.

At 10:14 EDT (1414 GMT), CBS affiliate KOTV reported that a lightning strike had caused a fire at an Oklahoma refinery -- sparking a flurry of excitement among energy traders and boosting U.S. crude prices 40 cents.

The refining company announced the story was "completely wrong" and the station withdrew the story.

"All it takes is a screw-up on a Web site to move the market. It just goes to show how tense this market is," said a Houston-based oil trader.

A string of refinery problems in the United States has propelled retail gasoline prices to record highs in recent weeks.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-30-2007, 12:06 PM   #282
BigMeatballDave BigMeatballDave is online now
That's a cancerous meatball!
 
BigMeatballDave's Avatar
 

Join Date: Aug 2000
Casino cash: $11908
Quote:
Originally Posted by ottawa_chiefs_fan
Move to Canada, it's only $1.10 up here.
Nice try...
Posts: 51,669
BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.
  Reply With Quote
Old 05-30-2007, 12:07 PM   #283
BigMeatballDave BigMeatballDave is online now
That's a cancerous meatball!
 
BigMeatballDave's Avatar
 

Join Date: Aug 2000
Casino cash: $11908
Quote:
Originally Posted by Donger
Web site error rocks global oil markets



NEW YORK (Reuters) - World oil prices jumped briefly on Wednesday after a television station in Tulsa, Oklahoma -- the No. 62 U.S. media market -- posted an erroneous story about a refinery fire on its Web site.

At 10:14 EDT (1414 GMT), CBS affiliate KOTV reported that a lightning strike had caused a fire at an Oklahoma refinery -- sparking a flurry of excitement among energy traders and boosting U.S. crude prices 40 cents.

The refining company announced the story was "completely wrong" and the station withdrew the story.

"All it takes is a screw-up on a Web site to move the market. It just goes to show how tense this market is," said a Houston-based oil trader.

A string of refinery problems in the United States has propelled retail gasoline prices to record highs in recent weeks.
Its scary. If a hurricane enters the gulf this year, we might see $4.50.
Posts: 51,669
BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.BigMeatballDave has enough rep power to blowy ou to bits.
  Reply With Quote
Old 05-30-2007, 12:24 PM   #284
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675° N 106.475° W
Casino cash: $850
VARSITY
Quote:
Originally Posted by BigChiefDave
Its scary. If a hurricane enters the gulf this year, we might see $4.50.
After Katrina, the price spiked up $0.50, so if something similar happens this year, ~$3.75 is conceivable.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 77,356
Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
  Reply With Quote
Old 05-30-2007, 12:28 PM   #285
Reerun_KC Reerun_KC is offline
Rock Chalk Jayhawks! KU!!!
 
Reerun_KC's Avatar
 

Join Date: Aug 2005
Location: Kansas Jayhawks
Casino cash: $12142
99 surburban.. 42 gallon tank...

Paid for, cheap insurance.. I can fill it up twice a month for less than a new truck + ins + gas...

even at $5 a gallon, I can fill it up once a month cheaper....
__________________
Quote:
Originally Posted by Cochise View Post
It's not his fault he caught the only curse more powerful than the Madden curse, the curse of having Claynus swing from your nut sack
Quote:
Originally Posted by J Diddy View Post
@ the Cakin Clayton Nutsack Curse
Posts: 45,452
Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Reerun_KC has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 06:59 AM.


This is a test for a client's site.
A new website that shows member-created construction site listings that need fill or have excess fill. Dirt Monkey @ https://DirtMonkey.net
Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.