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-   -   News Donger on Suicide Watch: Oil Nears $100 a Barrel (https://chiefsplanet.com/BB/showthread.php?t=190418)

RJ 09-02-2008 05:31 PM
Quote:
Originally Posted by Skip Towne (Post 4971579)
You're confusing next week's gas with last week's gas. How can they keep setting record profits if things aren't confused?

Why should I receive old, stale gas while paying the higher price of the nice, new, fresh gas? And is it fair that next week's customers will be able to pump the fresh gas only because I footed the bill? If it wasn't for me there wouldn't be any new gas cause the station wouldn't have been able to afford to buy it.

I feel like I'm being used here.

Skip Towne 09-02-2008 05:33 PM
Quote:
Originally Posted by RJ (Post 4971611)
Why should I receive old, stale gas while paying the higher price of the nice, new, fresh gas? And is it fair that next week's customers will be able to pump the fresh gas only because I footed the bill? If it wasn't for me there wouldn't be any new gas cause the station wouldn't have been able to afford to buy it.

I feel like I'm being used here.
You'll never be able to set record profits month after month. You don't understand the system.

Frazod 09-02-2008 05:51 PM
1 Attachment(s)
Quote:
Originally Posted by Lzen (Post 4971064)
Greed?
Greed Is Good!

Coach 09-02-2008 06:02 PM
Quote:
Originally Posted by GoBo (Post 4970355)
Gas should be below $3/gal by election time then...
And let's hope it stays there for quite some time. Hate to see that it goes below 3.00 and after the election is over, it spikes up to 3.60 or somewhere in the ball-park figure.

Donger 09-02-2008 06:05 PM
Quote:
Originally Posted by RJ (Post 4971569)
Yes, I see. If next week's gas is going to cost more than this week's gas I need to pay more for my gas this week so the station can pay for next week's shipment.......even though I don't want next week's gas and in fact just want to buy this week's gas. But if the price of crude drops then the price of next week's gas might go down, even though it's the same gas.

Do I have it right?
You have it partially right. Hopefully, my other following posts will help clear it up for you.

Coach 09-02-2008 06:07 PM
Of course, let's also hope that Hurricane Ike doesn't manage to crash the party....

BigMeatballDave 09-02-2008 07:00 PM
Quote:
Originally Posted by Donger (Post 4970497)
That's just silly.
Why? December 2003, gas was 1.25-1.30/gal. Crude was $31/barrel.

http://findarticles.com/p/articles/m...g=artBody;col1

BigMeatballDave 09-02-2008 07:13 PM
3.53 here

C-Mac 09-02-2008 07:21 PM
Quote:
Originally Posted by frazod (Post 4970450)
I always thought anything over a $1.00 a gallon was too much - especially for something a bunch of friggin cavemen pump out of the ground.
.....and especially when it only costs these cavemen $2.00 stinkin' dollars to pump a 55 gallon barrel of crude (less than .04 cents a gallon).

alanm 09-02-2008 07:40 PM
Quote:
Originally Posted by PastorMikH (Post 4970882)
Actually, when oil was $147 a barrel here, gas was $3.99

Now that Crude is under $110 a barrel, gas is still $3.65


Our prices have gone down less than a penny per gallon/dollar per barrel. When the price per barrel was going up, gas prices were jumping close to a nickel per gallon/price per barrel locally.

Oddly, oil was at the $100-$110 a barrel price at the start of 2008 and you could buy gas at just under $3 a gallon locally. Now that oil prices are coming back to that, gas is still over $3.60 a gallon locally.


The price may have come down, but not in proportion to how it went up.
And you're surprised? :eek:

splatbass 09-02-2008 07:57 PM
Quote:
Originally Posted by GoBo (Post 4970355)
Gas should be below $3/gal by election time then...
It's still $4.40 a gallon here. It will not fall to $3 here by the election.

Skip Towne 09-02-2008 07:59 PM
Quote:
Originally Posted by C-Mac (Post 4971990)
.....and especially when it only costs these cavemen $2.00 stinkin' dollars to pump a 55 gallon barrel of crude (less than .04 cents a gallon).
A barrel of oil is 42 gallons. And lifting costs are considerably more than $2. I was a partner in an oil venture and it cost $10,000 to drill each well. And they were only 600 ft deep. West Texas wells are 2 miles deep.

Bugeater 09-02-2008 08:01 PM
Quote:
Originally Posted by splatbass (Post 4972151)
It's still $4.40 a gallon here. It will not fall to $3 here by the election.
Eh, what difference does it make, y'all can't drive very far on that island anyway.

boogblaster 09-02-2008 08:09 PM
Get on the wagon fast ... There're switching to oxygen power soon ... Your air will never be free again .....

jspchief 09-02-2008 09:20 PM
Best thread title ever.

Is it September or October when the government has their annual vote on the bill that bans ANWAR drilling? That's right, they make a decision on this every year. Quite a coincidence that oil prices are plummeting just in time to quiet the outraged masses on this issue.


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