gas going up again

[saturnknts]

coming home(wichita) tonight and noticed Quiktrip went up 11 cents to $2.39 dillions was still at $2.28 and will be until morning since they dont have attendants 24 hours. of course if you have a card it saves you 2-10 cents a gallon.

so what happened today in the world that caused yet another spike?

[DJay23]

$2.35 here today. ****ing re-cockulous. Something needs to be done by my government to ease the burden on my wallet. They're not doing a good job of that IMO.

[morphius]

$2.35 here today. ****ing re-cockulous. Something needs to be done by my government to ease the burden on my wallet. They're not doing a good job of that IMO.
Yup, probably my number one complaint about the current administration, oil companies record profits, people paying out the butt for gas. Something is obviously not right with that picture.

[Donger]

coming home(wichita) tonight and noticed Quiktrip went up 11 cents to $2.39 dillions was still at $2.28 and will be until morning since they dont have attendants 24 hours. of course if you have a card it saves you 2-10 cents a gallon.

so what happened today in the world that caused yet another spike?

As usual, strong demand, tight supplies and concerns over threats to output.

Saudi Arabia, and some issues with our refineries, while demand is still increasing = higher prices.

[Frazod]

Yup, probably my number one complaint about the current administration, oil companies record profits, people paying out the butt for gas. Something is obviously not right with that picture.

The current administration IS the oil companies. :shake:

[Donger]

$2.35 here today. ****ing re-cockulous. Something needs to be done by my government to ease the burden on my wallet. They're not doing a good job of that IMO.

What would you suggest?

[headsnap]

Something needs to be done by my government to ease the burden on my wallet.

Like, build more refineries? :shrug:

[Donger]

Yup, probably my number one complaint about the current administration, oil companies record profits, people paying out the butt for gas. Something is obviously not right with that picture.

You think the Bush administration has something to do with the price of crude or gasoline?

[headsnap]

As usual, strong demand, tight supplies and concerns over threats to output.

Saudi Arabia, and some issues with our refineries, while demand is still increasing = higher prices.
it's amazing how many people there are that do not understand supply and demand. :shake:

[morphius]

You think the Bush administration has something to do with the price of crude or gasoline?
I think a simple threat of an investigation as to why they are making record profits while people are paying more every week normally scares them well enough to drop the price. So yeah, I think they have some say. It seemed to work really well when Clinton was in office and he played that card. You know, scares investors, price drops, etc, etc.

[Donger]

I think a simple threat of an investigation as to why they are making record profits while people are paying more every week normally scares them well enough to drop the price. So yeah, I think they have some say. It seemed to work really well when Clinton was in office and he played that card. You know, scares investors, price drops, etc, etc.

Umm, I tell you why the oil companies are making record profits. It's simple economics.

While the price of crude has increased dramatically, their production costs have not.

[morphius]

it's amazing how many people there are that do not understand supply and demand. :shake:
I think I understand it, but when it comes to gas I think it is manly BS. Sure there are lots of factors involved, I get it. But I don't remember a gas station around here running out of gas anytime recently either.

[Frazod]

it's amazing how many people there are that do not understand supply and demand. :shake:

We should all understand getting buttf#cked every time we go to the gas station, while oil companies are reporting (as usual) record profits. God forbid these greedy pigs turn some of that profit back around to the consumers.

[morphius]

Umm, I tell you why the oil companies are making record profits. It's simple economics.

While the price of crude has increased dramatically, their production costs have not.
But you are saying that threatening an investigation wouldn't lower the prices as quickly as it did during the Clinton Administration? Sure it wouldn't go as low, but I bet you it would go lower...

[morphius]

We should all understand getting buttf#cked every time we go to the gas station, while oil companies are reporting (as usual) record profits. God forbid these greedy pigs turn some of that profit back around to the consumers.
Exactly! If they are making record profits, they could easily lower the price of gas and still make good profits. "It's simple economics."

[Donger]

I think I understand it, but when it comes to gas I think it is manly BS. Sure there are lots of factors involved, I get it. But I don't remember a gas station around here running out of gas anytime recently either.

And you probably won't. Right now, our remaining refineries are operating at close to 100%. We've not built a new one since 1976, while demand JUST in the US has almost doubled since then. And, on top of that, we've closed about 100 refineries since 1976.

Add that up, and you can rapidly see where we're going. I know its fun to blame the oil companies, but it's hardly all their fault.

[Donger]

Exactly! If they are making record profits, they could easily lower the price of gas and still make good profits. "It's simple economics."

It's capitalism.

[Donger]

But you are saying that threatening an investigation wouldn't lower the prices as quickly as it did during the Clinton Administration? Sure it wouldn't go as low, but I bet you it would go lower...

Sorry, but I'm not familiar with this investigation. Do you have any other info?

[headsnap]

Add that up, and you can rapidly see where we're going. I know its fun to blame the oil companies, but it's hardly all their fault.

Oil companies aren't free of the blame here, they only deserve a small part of it.

[morphius]

And you probably won't. Right now, our remaining refineries are operating at close to 100%. We've not built a new one since 1976, while demand JUST in the US has almost doubled since then. And, on top of that, we've closed about 100 refineries since 1976.

Add that up, and you can rapidly see where we're going. I know its fun to blame the oil companies, but it's hardly all their fault.
Again, lots of factor's. Them unwilling to use their "record profits" to expand, is my fault how? How is it they have been running at near 100% capacity for the last 5 years, and usage has went up? Wouldn't that mean we were running at more then 100% by now?

[headsnap]

We should all understand getting buttf#cked every time we go to the gas station...

you should have bought a Focus. ROFL

[headsnap]

Again, lots of factor's. Them unwilling to use their "record profits" to expand, is my fault how? How is it they have been running at near 100% capacity for the last 5 years, and usage has went up? Wouldn't that mean we were running at more then 100% by now?

yes we are running at more than 100%.


We IMPORT the rest!

[Chiefs Pantalones]

http://www.crosslink.net/~closeout/vets/mission-accomplished.jpg

ROFL

[morphius]

Sorry, but I'm not familiar with this investigation. Do you have any other info?
Mostly they threatened to look up what was going on with the gas prices and as soon as they started the gas prices oddly started dropping. Other then that, I'm not bored enough to see if I can find you a link.

[Frazod]

you should have bought a Focus. ROFL

If I was smart, I'd have kept my Vibe. It got great mileage. Oh well. I love my Mustang.

But I sure as hell don't mind "settling" for the V6 model now.

[Chiefs Pantalones]

If I was smart, I'd have kept my Vibe. It got great mileage. Oh well. I love my Mustang.

But I sure as hell don't mind "settling" for the V6 model now.

Why don't you give up your Mustang and your Montana autograph, and I'll buy you a Geo Metro.

[Frazod]

I paid $2.45 today.

Then later, I paid a similar amount for half a gallon of milk. Thankfully I only needed half a gallon of milk, and not twenty. Could've been an expensive day otherwise.
Gas will soon be more expensive than milk. Too bad I can't make a gallon of gas last a week.

[Frazod]

Why don't you give up your Mustang and your Montana autograph, and I'll buy you a Geo Metro.

Or I could beat you over the head with the framed autograph, take your Metro for every day use, and drive the Mustang on weekends. :evil:

[Valiant]

As usual, strong demand, tight supplies and concerns over threats to output.

Saudi Arabia, and some issues with our refineries, while demand is still increasing = higher prices.


And the great thing about that... It actually only effects the price of oil by about 10 percent... Need a giant multi-billion(500-800billion) dollar lawsuit to get these companies from rackiteering(sp?)..

[Donger]

Again, lots of factor's. Them unwilling to use their "record profits" to expand, is my fault how? How is it they have been running at near 100% capacity for the last 5 years, and usage has went up? Wouldn't that mean we were running at more then 100% by now?

There are two primary reasons why they do not want to build new refineries. 1. They are extremely expensive to build, and they will not be profitable for many years. 2. Red tape/environmental restrictions/not-in-my-backyard stuff.

As to how they can meet demand (barely), they have gotten more efficient with the refining process since 1976.

[Donger]

And the great thing about that... It actually only effects the price of oil by about 10 percent... Need a giant multi-billion(500-800billion) dollar lawsuit to get these companies from rackiteering(sp?)..

The price of oil (crude) or gasoline? If gas, the cost of crude alone makes up a significant part of the price we pay for a gallon of gas.

[Chiefs Pantalones]

Or I could beat you over the head with the framed autograph, take your Metro for every day use, and drive the Mustang on weekends. :evil:

That would be a popular alternative.

Although, I don't own a Geo Metro...but I have tipped one over before. Those things are light, lol.

C'mon...how about I buy you a Hybrid and you can beat me over the head with the autograph then give me it?

Deal?

[KChiefsQT]

I paid $2.88 today. It's getting ridiculous.... I'm gonna have to trade my SUV in for a civic if I want to eat. Between gas prices and housing continuing to rise in California, I'm flipping doomed. Grrrr....

[Frazod]

That would be a popular alternative.

Although, I don't own a Geo Metro...but I have tipped one over before. Those things are light, lol.

C'mon...how about I buy you a Hybrid and you can beat me over the head with the autograph then give me it?

Deal?

How about I just beat you over the head? :$2500:

[Donger]

Thank goodness a Californian showed up. Don't you all feel better now?

No. I want an Hawaiian, damnit.

[Chiefs Pantalones]

How about I just beat you over the head? :$2500:

Ok...deal...

You will give me your autograph...you will!!! One day!!! :p

[Nightfyre]

I suppose donger will say Haliburton's no bid contract in iraq was capitalism too.

[Donger]

I suppose donger will say Haliburton's no bid contract in iraq was capitalism too.

No. That was common sense.

[beavis]

I paid $2.88 today. It's getting ridiculous.... I'm gonna have to trade my SUV in for a civic if I want to eat. Between gas prices and housing continuing to rise in California, I'm flipping doomed. Grrrr....
I'd suggest not living in California.

[Nightfyre]

No. That was common sense.
Maybe for his political and financial certainty. You will never convince me there is no Conflict of interest here. http://www.howbushoperates.info/haliburton.html

[Donger]

Maybe for his political and financial certainty. You will never convince me there is no Conflict of interest here. http://www.howbushoperates.info/haliburton.html

Not as long as you view such websites as truth, no.

[Nightfyre]

http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=23898
Conflict of Interest

CLAIM: “I'll do whatever I have to do to, Sam, to avoid a conflict of interest. I will eliminate the conflict. I can assure you, I've said repeatedly, I will not tolerate or be party to a conflict of interests while I'm vice president. I'll do whatever I have to do to resolve that conflict.”
– Dick Cheney, 8/27/00

FACT: A congressional report found that “the more than 433,000 stock options he possesses ‘is considered among the 'ties' retained in or 'linkages to former employers' that may 'represent a continuing financial interest' in those employers which makes them potential conflicts of interest.”
– CNN, 9/25/03

[sd4chiefs]

If you can't beat them, join them. :)

http://moneycentral.msn.com/investor/charts/chartdl.asp?Symbol=FSESX

[beavis]

If you can't beat them, join them. :)

http://moneycentral.msn.com/investor/charts/chartdl.asp?Symbol=FSESX
Heh, and here I passed on the energy stocks a couple of months ago because I thought they had topped out. :banghead:

[beavis]

Yeah. Not only is the gas expensive, but you're surrounded by Californians. Yech.
That's gotta suck. Damned hippies.

[alanm]

You know we could all go back in time about 100 yrs. And look into a horse and buggy. Probably wouldn't work to well in the big city but here it would fly again. Plenty of grass and hay and oats where I live. I'd just have to reconfigure my garage I guess. :)

[BigMeatballDave]

I heard not long ago that Bush wants to build refineries on closed military bases. Excellent idea, IMO...

[Bob Dole]

Bob Dole filled up for $1.12/gal in Crawford, TX on Saturday.

[Nightfyre]

preferential republican treatment, obviously :p

[ExtremeChief]

Paid $2.29 this morning

[Skip Towne]

Build the refineries in Mexico using local labor at local wages.

[Nightfyre]

Build the refineries in Mexico using local labor at local wages.
outsourcing!!! YAY!!

I think its like the current fad "budgetary diet" of the business world.

[Goapics1]

$2.49 this morning. ****ing ridiculous...............

[Bob Dole]

I heard not long ago that Bush wants to build refineries on closed military bases. Excellent idea, IMO...

That's fine with Bob Dole, since 2 of the proposed base closures (Red River Army Depot and Lone Star Army Ammunition Plant) are within 20 miles of here and the loss of roughly 5000 jobs is going to seriously damage the local economy.

[Dartgod]

Bob Dole filled up for $1.12/gal in Crawford, TX on Saturday.
$1.12?? What did you fill up and with what? 'Cause it sure as hell wasn't gasoline in your car.

[DJay23]

$1.12?? What did you fill up and with what? 'Cause it sure as hell wasn't gasoline in your car.
THis is a guess, but I think that was made up.

Note the location of the cheap gas.

[Dartgod]

THis is a guess, but I think that was made up.

Note the location of the cheap gas.
Haha. I get it now. :doh!:

4321 Dole