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

Reply
 
Thread Tools Display Modes
Old 04-23-2007, 09:40 AM  
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 
Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
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 02:43 PM..
Posts: 78,176
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 04-26-2007, 08:17 PM   #91
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
VARSITY
Quote:
Originally Posted by munkey
http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx



They already have 4-4.10 listed...not on the map but stilll.
What are you trying to say?
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 78,176
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 04-26-2007, 08:18 PM   #92
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
VARSITY
Quote:
Originally Posted by munkey
Donger -

I can understand your stance on the price of gas if we were in a country like England or Australia...IMO the problem is we live in a "wide open" country that up until last year has seen a product like gasoline inflate astronomically. Blame it on the war or refining...It matters not to me. I can tell you that where I live and work this "inflation" will send us into another depression.

I just purchased a new truck that I'm going to seriously consider selling or even give back to the bank...I bought it based on several factors but the price of gasoline rising over a dollar gallon was not one of them. If gas goes to 4 a gallon and I can't sell it the bank gets to deal with it IMO...

Owell...Freedom isn't free...right?
Like I said earlier, compared to other consumer items, gasoline hasn't risen that much over the last 25 years.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 78,176
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 04-26-2007, 08:19 PM   #93
munkey munkey is offline
Veteran
 
munkey's Avatar
 

Join Date: Aug 2001
Location: Bend Oregon
Casino cash: $6411
Quote:
Originally Posted by Skip Towne
A banker once told me if he gets a repo he is legal to sell it for what he can get and the owner still owes the difference between the sale price and the note value. And the banker doesn't have to try hard to get top dollar.

Very true...BUT the judgement for the difference has no collateral...so what ever.
__________________
"In the time of chimpanzees I was a munkey"
Posts: 3,047
munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.
  Reply With Quote
Old 04-26-2007, 08:20 PM   #94
munkey munkey is offline
Veteran
 
munkey's Avatar
 

Join Date: Aug 2001
Location: Bend Oregon
Casino cash: $6411
Quote:
Originally Posted by Donger
What are you trying to say?
Not the right map...still cheaper here. Not for long I'm afraid.
__________________
"In the time of chimpanzees I was a munkey"
Posts: 3,047
munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.
  Reply With Quote
Old 04-26-2007, 08:22 PM   #95
munkey munkey is offline
Veteran
 
munkey's Avatar
 

Join Date: Aug 2001
Location: Bend Oregon
Casino cash: $6411
Quote:
Originally Posted by Donger
Like I said earlier, compared to other consumer items, gasoline hasn't risen that much over the last 25 years.
Compared to what? Bread? I can make that...
__________________
"In the time of chimpanzees I was a munkey"
Posts: 3,047
munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.munkey must have mowed badgirl's lawn.
  Reply With Quote
Old 04-26-2007, 08:29 PM   #96
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
VARSITY
Quote:
Originally Posted by munkey
Compared to what? Bread? I can make that...
You can make your own gasoline, too.

Anyway, here's a graphic for your viewing pleasure.
Attached Thumbnails
Click image for larger version

Name:	ProfitsGasolinePriceChangeVsOtherItems.gif
Views:	307
Size:	11.9 KB
ID:	68438  
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 78,176
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 04-26-2007, 08:45 PM   #97
Discuss Thrower Discuss Thrower is offline
<3 <3 <3 <3 <3
 
Discuss Thrower's Avatar
 

Join Date: Jun 2006
Location: No, where do YOU live?
Casino cash: $18231
People don't go through Food like they go through gasoline, and it's a slower rate for consumer products...
__________________

- credit goes to BoneKrusher for the pic

Chiefs 2015 Opponents:
Home: CLE, PIT, CHI, DET, AFC East. Away: BAL, CIN, GB, MIN, AFC South
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, AFC East. Away: HOU, IND, ATL, CAR, AFC North
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 13,072
Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.Discuss Thrower 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-26-2007, 08:47 PM   #98
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
VARSITY
Quote:
Originally Posted by J-Town Fan 1988
People don't go through Food like they go through gasoline, and it's a slower rate for consumer products...
Nonsense. The average family goes through something like $700/month in groceries.

I know people don't like it hearing it, but gasoline is still relatively cheap in this country.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?

Last edited by Donger; 04-26-2007 at 08:55 PM..
Posts: 78,176
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 04-26-2007, 08:48 PM   #99
Skip Towne Skip Towne is offline
Supporter
 
Skip Towne's Avatar
 

Join Date: Apr 2001
Location: T-Town
Casino cash: $5000
Quote:
Originally Posted by munkey
Very true...BUT the judgement for the difference has no collateral...so what ever.
Just thought you would like to know "just giving it back to the bank" isn't really a good solution.
Posts: 69,672
Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.
  Reply With Quote
Old 04-27-2007, 05:54 AM   #100
Saggysack Saggysack is offline
MVP
 

Join Date: May 2001
Casino cash: $5000
Exxon's 39 billion in profit last year, the most ever by any company in history. 400 million in a retirement package to Lee Raymond, Exxon CEO. Total profits from all oil companies combined in 2006, 125 Billion.

Yeah, it sure is a supply and demand issue. My ass.
Posts: 11,336
Saggysack has disabled reputation
  Reply With Quote
Old 04-27-2007, 06:09 AM   #101
Braincase Braincase is online now
Captain Nemo
 
Braincase's Avatar
 

Join Date: Aug 2001
Location: Brownbackistan
Casino cash: $7700
I wonder how many years of $40.00 a barrel oil we could get out of OPEC if we pulled out of Iraq and turned Bush and Cheney over to the jihadists? IF we could get 4 years out of that deal, I think it'd about be worth it.
__________________
BrainCase
Posts: 15,116
Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.Braincase is too fat/Omaha.
  Reply With Quote
Old 04-27-2007, 06:47 AM   #102
Slick32 Slick32 is offline
Banned
 

Join Date: Feb 2007
Location: KC
Casino cash: $5000
Gasoline is produced based on supply and demand. That is a cornerstone of American business. In this case there seems to be some collusion with the major oil refineries across the country.

Another situation I feel is pertinent is the fact that we have not built a new refinery in the U.S. for almost 30 years. Either the regulations need to be reviewed to find out which of them needs to be revised or eliminated. Every refinery I've ever been around has hazardous waste and byproducts. There are safe ways to destroy both, but it seems like they are the hanging point when the topic of new facilities arise.

The closest I've heard of a new refinery is one that has been proposed near Cushing, OK.

I have one real question. Why is it that when the price of a barrel of crude oil goes up the price of gas at the pump immediately goes up and when the price of barrel of crude goes down it takes weeks for the price impact to "trickle" down to the consumer.

What makes the whole situation untenable for me is the fact that the major oil companies last year made billions of dollars of profit above their projections. They estimated their profits and exceeded them by as much as 60%.
Posts: 643
Slick32 is a favorite in the douche of the year contest.Slick32 is a favorite in the douche of the year contest.
  Reply With Quote
Old 04-27-2007, 07:36 AM   #103
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
VARSITY
Quote:
Originally Posted by Saggysack
Exxon's 39 billion in profit last year, the most ever by any company in history. 400 million in a retirement package to Lee Raymond, Exxon CEO. Total profits from all oil companies combined in 2006, 125 Billion.

Yeah, it sure is a supply and demand issue. My ass.
Yes, they made a killing.

I suppose you were jumping for joy when they were losing billions when the price of crude was $10 a barrel?
__________________
I think the young people enjoy it when I "get down," verbally, don't you?
Posts: 78,176
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 04-27-2007, 07:47 AM   #104
Donger Donger is offline
"Think BOOM!"
 
Donger's Avatar
 

Join Date: Nov 2003
Location: 33.675 N 106.475 W
Casino cash: $381
VARSITY
Quote:
Originally Posted by Slick32
Gasoline is produced based on supply and demand. That is a cornerstone of American business. In this case there seems to be some collusion with the major oil refineries across the country.

Another situation I feel is pertinent is the fact that we have not built a new refinery in the U.S. for almost 30 years. Either the regulations need to be reviewed to find out which of them needs to be revised or eliminated. Every refinery I've ever been around has hazardous waste and byproducts. There are safe ways to destroy both, but it seems like they are the hanging point when the topic of new facilities arise.

The closest I've heard of a new refinery is one that has been proposed near Cushing, OK.
Correct. There two reasons why the oil companies haven't built one: profit and red tape. A new refinery would be a huge capital expense. Sure, they presently have the cash, but realizing a profit from a new refinery would take years. Also, our government has made building (let alone getting one approved) a refinery an extremely painful process. Environmental regulations, politics, etc. Instead, they have chosen to expand existing refineries to meet demand (and import refined gasoline).

Quote:
Originally Posted by Slick32
I have one real question. Why is it that when the price of a barrel of crude oil goes up the price of gas at the pump immediately goes up and when the price of barrel of crude goes down it takes weeks for the price impact to "trickle" down to the consumer.

What makes the whole situation untenable for me is the fact that the major oil companies last year made billions of dollars of profit above their projections. They estimated their profits and exceeded them by as much as 60%.
The price goes up immediately because the retailers are considering what their replacement costs are going to be. They have to anticipate what that is going to be. For example, if the price of crude is going up and their next shipment needs to be purchased next week, they will start raising their prices in order to not lose money. They often don't raise it enough and actually lose money. Therefore, they try to make some back when prices drop by not dropping their prices as fast.

It all revolves around the price of crude, something that the oil companies do not control. They benefit from high crude prices, however.
__________________
I think the young people enjoy it when I "get down," verbally, don't you?

Last edited by Donger; 04-27-2007 at 08:22 AM..
Posts: 78,176
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 04-27-2007, 07:54 AM   #105
Skip Towne Skip Towne is offline
Supporter
 
Skip Towne's Avatar
 

Join Date: Apr 2001
Location: T-Town
Casino cash: $5000
Why not build refineries in Mexico? Presto! No EPA.
Posts: 69,672
Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.Skip Towne < Tried to steal Andy's chili fries.
  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 09:53 PM.


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.