Gas prices going up again!

[georgiabusa_05]

its going to cost as much here soon to fill the busa up as it use to to fill up the car. Really bites.

[Mr Bogus]

BUSH
HOW COME THE PRICE NEVER WENT UP BEFORE WHEN THEY HAD TO DO REFINERY MAINTAINANCE??? DID THEY JUST START DOING MAINTAINANCE ON THESE THINGS IN THE LAST COUPLE OF YEARS?

? THEY ARE FULL OF SHART ...MAKING RECORD PROFITS AND GETTING FAT ON THE WORKING MAN AS USUAL.

I am sure a "New" refinery runs with less down time than one that is 30-50 years old. As refineries went off line for major work, prices did go up.. (katrina shut down a couple of the major refineries, that is why the big jump at that point)

You can complain about oil company profits but here is the alternative:

We keep the price of gas at $2 a gallon

Most Americans will continue to fill up their 8mpg SUV and drive 30 miles just to get a gallon of mile. Just a simple fact.. Most drivers have little or no regard for any type of conservation.

As the demand for petroleum has doubled in the last 10 or so years, refineries are maxed out and have been. If given that $2 gas, we would in fact have stations that are "out of fuel" That is a fact.. Now if you were not around for the "gas lines" of the 70's, you have no idea what 'no gas' is about.. people fighting, crashing and shooting at each other to get gas...

If every US citizen cut back consumption by 10% our dependence on Middle east oil would almost disappear... So instead of blaming oil companies, look at yourself and start conserving a bit.. You can either have all you want at $4 or limited supplies at $2 take your pick..

I spend less than $100 a month on gasoline, it was cheaper for me to move closer to work, walk a bit more each month and of course RIDE THE BIKE

I feel for the people that live 30 miles from work... but it was not my idea to live so far from work...

[99'busa]

 

 

 

 

BUSH
 HOW COME THE PRICE NEVER WENT UP BEFORE WHEN THEY HAD TO DO REFINERY MAINTAINANCE??? DID THEY JUST START DOING MAINTAINANCE ON THESE THINGS IN THE LAST COUPLE OF YEARS?

? THEY ARE FULL OF SHART ...MAKING RECORD PROFITS AND GETTING FAT ON THE WORKING MAN AS USUAL.  

 

 

I am sure a "New" refinery runs with less down time than one that is 30-50 years old.  As refineries went off line for major work, prices did go up.. (katrina shut down a couple of the major refineries, that is why the big jump at that point)

You can complain about oil company profits but here is the alternative:

We keep the price of gas at $2 a gallon

Most Americans will continue to fill up their 8mpg SUV and drive 30 miles just to get a gallon of mile. Just a simple fact.. Most drivers have little or no regard for any type of conservation.

As the demand for petroleum has doubled in the last 10 or so years, refineries are maxed out and have been.  If given that $2 gas, we would in fact have stations that are "out of fuel"   That is a fact.. Now if you were not around for the "gas lines" of the 70's, you have no idea what 'no gas' is about..  people fighting, crashing and shooting at each other to get gas...

If every US citizen cut back consumption by 10% our dependence on Middle east oil would almost disappear...   So instead of blaming oil companies, look at yourself and start conserving a bit.. You can either have all you want at $4 or limited supplies at $2    take your pick..

I spend less than $100 a month on gasoline, it was cheaper for me to move closer to work, walk a bit more each month and of course  RIDE THE BIKE  

 

I feel for the people that live 30 miles from work... but it was not my idea to live so far from work...

+1

America needs to use less fuel (not gonna happen) or build more refinerys. What heppens when we try to do that?

[Robot]

Here's your answer, I need to go to the future to get it, Ill be right back, maybe

[GSXRFANN]

There is no shortage of oil or gas either for that matter! That is what the media is trying to tell people. The oil companies themselves will tell you that they have plenty. They are charging $4 a gallon because they CAN! Our government sure as hell isn't going to do anything to help us.
And I am sure if you look at the majority of people, they have cut their use by 10%. People have really cut back on trips and Sunday rides just because of the price of gas.
We can't afford it. Gas is what is driving the economy to sh$t. Plain and simple, but people want to make it more complicated than it really is. The American people need to wake up and get our government back under control and working FOR us, not AGAINST us!

[johnnycrash]

Gas just took a 33 cent jump here today. It's now $3.45 for 89 octane in most places.

[ks-waterbug]

Oil went up again.... $109.72 a barrel

[shortBoarder]

We can't afford it. Gas is what is driving the economy to sh$t.

No kidding. Here's some figures:

Global consumption is about 86 million barrels / day.

If oil was at $95./barrel, thats $860 million extra A DAY that consumers have to spend/save elsewhere.

At $85./barrel it's $1.7 billion for consumers. A day.

At $65./barrel (remember those days?) it's $3.44 billion.



Last year, oil cost the world $1.2 TRILLION less than is has this year. That's 2% of the GLOBAL GDP.

In other words, that's insane.


You want insane? I'll show you insane.....

Yesterday, a report from Goldman Sachs stated that: "$200 a barrel could be the reality in the not-too-distant future in the case of a "major disruption".

If oil was $200/barrel:

The US would be spending $4 BILLION A DAY on oil, double what we spend now. That's $730 Billion a year, or FOUR TIMES what Bush is dumping into the economy (can't wait for my tax credit check! ooh! what will I buy?) in an attempt to keep the American public placated. Sheesh.

$200/barrel means $8/gallon gas, about $160. to fill up your tank and $1K a month to heat your home. Roughly, we're all going to need a 40% raises in order to stay even with what we're spending now.

Way back when: oil was $25/barrel before the Iraq war.

Have a great Tuesday!

[Southside Playa]

I think several others alluded to it. Our President(that I didn't vote for) and our Government dayum sure aren't sheltering us from the greedy, towel-headed camel-jockies that keep driving the price up on oil.

Bush loves it, why?? Cause him and Tricky-Di*k Cheney will cleanup from their oil stocks & the $$$ Halliburton "Thank You for All those No-Bid Contract" when they rejoin the rest of the civilian world after Nov.

It's funny that people are quick to associate Barack Obama with Farrakhan or even make fun of his name, but he sure seems like a much better option that the di*k-service we are getting right now.

Bush & Family have been in bed with the Arabs for years, and lest not we forget that they are close friends with the Bin Ladens as well.

Sorry for the rant, but enough is enough.

[VaBusa]

I don't enjoy the price of filling up my Mustang, but I also don't try real hard to conserve any. I still drive it like I'm at a race track

so I don't complain to anyone but myself

Having said that, I'm looking forward to putting a lot of miles on the Busa this summer; 45-50 mpg is nice

[Mr Bogus]

There is no shortage of oil or gas either for that matter! That is what the media is trying to tell people. The oil companies themselves will tell you that they have plenty. They are charging $4 a gallon because they CAN! Our government sure as hell isn't going to do anything to help us.
And I am sure if you look at the majority of people, they have cut their use by 10%. People have really cut back on trips and Sunday rides just because of the price of gas.
We can't afford it. Gas is what is driving the economy to sh$t. Plain and simple, but people want to make it more complicated than it really is. The American people need to wake up and get our government back under control and working FOR us, not AGAINST us!

You need to dig a bit deeper... there is not "real time" shortage as the price keeps it that way..

This is not a "local market" or even a "national market" issue, it is "International"

Crude oil production has peaked
Demand for crude is going up
Prices have not peaked due to the above issue
USA has no further ability to refine any more product than we are now..
Refined gas prices are going up because of production limits (supply vs demand)

To many people have their head in the sand about this issue because the solution is painful.. you have to cut back on "frivolous" use of energy...

As far as I am concerned, gas can be $6 a gallon, it will assure me that I will have all I want, when I want it.. Travel abroad or even into Mx... it is not like that


TAX CREDIT CHECK: now thats funny, wait till you see what that costs you.. although it feels good at first, the Govt does not have that money, it must "borrow" and pay "interest" on that money.. (wonder who has to pay it back?) but that is a different economic debate.

[DocDrop]

Regular went from $3.02 yesturday morning to $3.18 by lunch, tell me someone is not getting there pockets fatter. How can a gas station change a price when they have not filled there tanks up yet. The price should stay the same until they get fuel at the higher price.

. I just don't understand there thinking, i guess thats why im not a milllion oh wait a billionare like they are.

[skoti]

There is no shortage of oil or gas either for that matter! That is what the media is trying to tell people. The oil companies themselves will tell you that they have plenty. They are charging $4 a gallon because they CAN! Our government sure as hell isn't going to do anything to help us.
And I am sure if you look at the majority of people, they have cut their use by 10%. People have really cut back on trips and Sunday rides just because of the price of gas.
We can't afford it. Gas is what is driving the economy to sh$t. Plain and simple, but people want to make it more complicated than it really is. The American people need to wake up and get our government back under control and working FOR us, not AGAINST us!

You need to dig a bit deeper... there is not "real time" shortage as the price keeps it that way..

This is not a "local market" or even a "national market" issue, it is "International"

Crude oil production has peaked
Demand for crude is going up
Prices have not peaked due to the above issue
USA has no further ability to refine any more product than we are now..
Refined gas prices are going up because of production limits (supply vs demand)

To many people have their head in the sand about this issue because the solution is painful.. you have to cut back on "frivolous" use of energy...  

As far as I am concerned, gas can be $6 a gallon, it will assure me that I will have all I want, when I want it..    Travel abroad or even into Mx... it is not like that


TAX CREDIT CHECK:    now thats funny, wait till you see what that costs you.. although it feels good at first, the Govt does not have that money, it must "borrow" and pay "interest" on that money.. (wonder who has to pay it back?)   but that is a different economic debate.  

I totally agree up to the last point.

While I agree that stopping the use of frivolous energy can help slow the effects, I don't think it will eliminate it. Companies still need the energy to produce and transport goods and services, and the demand for those services will continue to increase.

In fact, the demand must increase. I've read in some places that the GDP is suppose to grow about 0.8%-1.2% for 2008. You have growth and yet, this is not considered a stronger economy. This is largely tide to the interest, and debt that needs to be paid that you mentioned as a side note.

For example, if you needed to buy a house, you are likely to actually spend 2 or 3 times what you bought it for if you borrow. Meaning, you have to work 2 or 3 times longer to pay it off. Since the debt in the free world as a whole is increasing, the free world has to work harder and harder each year to simply maintain it, never mind pay it off.

Does this bother anyone one else that we have to work harder and harder each year in order to maintain the same quality of life?

Since we need to work harder, we also need to consume more. Of course, we can't be selling any services if nobody is buying. So, we need to turn into terrible consumers as well. Then we produce more goods and services, and at the heart of that production is oil.

Oil is an extremely efficient source of energy in terms of energy in vs. energy out and I think we depend on it a lot more than a lot of people care to see.

My
2 cents.

[shortBoarder]

skoti = best avatar ever

[Demon]

 

 

 

 

BUSH
 HOW COME THE PRICE NEVER WENT UP BEFORE WHEN THEY HAD TO DO REFINERY MAINTAINANCE??? DID THEY JUST START DOING MAINTAINANCE ON THESE THINGS IN THE LAST COUPLE OF YEARS?

? THEY ARE FULL OF SHART ...MAKING RECORD PROFITS AND GETTING FAT ON THE WORKING MAN AS USUAL.  

 

 

I am sure a "New" refinery runs with less down time than one that is 30-50 years old.  As refineries went off line for major work, prices did go up.. (katrina shut down a couple of the major refineries, that is why the big jump at that point)

You can complain about oil company profits but here is the alternative:

We keep the price of gas at $2 a gallon

Most Americans will continue to fill up their 8mpg SUV and drive 30 miles just to get a gallon of mile. Just a simple fact.. Most drivers have little or no regard for any type of conservation.

As the demand for petroleum has doubled in the last 10 or so years, refineries are maxed out and have been.  If given that $2 gas, we would in fact have stations that are "out of fuel"   That is a fact.. Now if you were not around for the "gas lines" of the 70's, you have no idea what 'no gas' is about..  people fighting, crashing and shooting at each other to get gas...

If every US citizen cut back consumption by 10% our dependence on Middle east oil would almost disappear...   So instead of blaming oil companies, look at yourself and start conserving a bit.. You can either have all you want at $4 or limited supplies at $2    take your pick..

I spend less than $100 a month on gasoline, it was cheaper for me to move closer to work, walk a bit more each month and of course  RIDE THE BIKE  

 

I feel for the people that live 30 miles from work... but it was not my idea to live so far from work...

I agree with that point on personal conservation.  It really does start with the individual.  When you purchase a new or used vehicle, do you really take in consideration the MPG?  Most people don't care.

I remember talking to someone from Italy a few months ago about fuel prices.  And from what he was telling me, gas prices are around $4.50 to $5 for the cheap stuff.  And then he explains to me that, this is one of the main reasons you see A LOT of scooters in Italy.  It's a whole lot less to spend on a scooter than a car or definetly a SUV.

Peronally, I'm stuck because I need a new vehicle.  My Chevy Silverado is nearing 12 years of service since I bought it new at the dealership and my family is growing.  Do I purchase a crew cab Silverado or a family car like a Acura TL?  It will most likely be the car (65% sure) based on the fuel cost to operate. Or maybe Suzuki needs to add a sidecar for the busa!

[zukracer]

ok, tax credit check ... what a laugh. You dont get it if you make more than 75K as an individual or 150k as a couple, you get squatola. Funny, if you want to stimulate the economy as it was meant to do, why not give folks that can afford to spend it on something besides a bill

If you listen to the folks that cover the oil industry, they all say its artifically high right now and a major correction is in the cards. At these prices the economy will fail, just plain and simple. Its over 4.40/gal for diesel on long island, 3.39/gal for regular. I make a good living and have little debt compared to the "national average" and its impacting every day life here, I havent a clue how folks who make 20-30k a year get by without public transportation at these costs.

Now what I want to know, why congress is spending millions of dollars investigating why some baseball jock is shooting up when the oil companies are claiming record proffits quarter after quarter and our economy is circling the drain because gas prices are soaring higher and higher day after day

Oh yeah, how the fug does a rise in gas prices on the stock exchange trickle down to my gas station within 24hrs

[Mr Bogus]

Oh yeah, how the fug does a rise in gas prices on the stock exchange trickle down to my gas station within 24hrs

because fuel is priced at "current replacement" costs not actual costs..

It does swing both ways to station owners (rarely but happens)

buy 6000G at 3.0325 a gallon.. sell at 3.12.9
Gas prices shoot up 4 cent a gallon over night, I have to jack my prices the same amount or take a bath on my expenses..

On the other rare occasion, if you have crappy timing and buy at 3.09 and gas goes down 10 cents.. I am in trouble this time as I either keep the price up and take the volume beating OR just accept the loss in revenue.. The actual station owner makes more on milk, bread and smokes than they ever make off of fuel... Fuel is just how they get you in the door..

[Mr Bogus]

Where are the "Train" guys...

what does that commercial say? they can move a car 400+ miles on less than 1 gallon of fuel? thats amazing....

I would like to know what the real numbers are that is coast to coast for $20 or less on fuel?

[bigoltool]

So many things have changed in recent years which all drive the cost of oil. The dollar by which crude oil is priced is worth nothing right now, which drives the cost of oil up. We as Americans are using more than ever not just for gas and oil but anything petroleum based. The refineries in the US are running as near capacity as they can (or so they say) and we haven't allowed them to build a new one over 30 years due to environmental concerns. A side effect of the declining dollar has spurred on investors to invest in oil since they are getting more for their Euro, Yen etc. than ever before. The emerging economies of industrial giants like China and India are now using exponentially more oil than they had in the past and will continue to grow as long as we Americans trade with them. The Opec boys have no desire to lay off so they can make the price of oil go wherever they please. This is a seemingly dead end street for a planet addicted to oil. And all the hybrids on the planet are not going to make a dent in it as long as the aforementioned Chinese and Indians dont make similar strides to rein in their use of oil and the pollution they spew into the atmosphere every day. Pretty soon we'll all be driving Prius's and theyll be the ones cavorting around in the SUV's because they just dont give a damn.

[ks-waterbug]

Lots of good stuff.... I agree we need to do something about our oil comsumption as a nation! What that something is, is where it gets kind of grey! This nation needs to wake up and smell the coffee. IF we keep moving are work overseas the situation will only get worse. How someone making min wage can eeeek out a living is beyond me.