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Soaring Gas Prices

Mister_T

Forum Relic
Premium Member
Over here in SoCal, we are a few cents shy of paying $3.50 for regular. A new record high. It's been the same thing year after year. Gas prices soar to a new unbelievable amount due to "refinery problems" or "terrorism" or "war with Iran" or "hurricanes" and then and the end of the business year these same gas companies are posting record breaking profits.
:computer:

Does anyone else see a pattern? Is anyone else sick of this? Am I missing something? Am I ignorant about this matter? Are you sick of me asking questions yet? :p
 

The Seeker

Once upon a time....
Gas just jumped to $3.20 here in So. Ohio, which I'm sure is a record. There blaming the high prices on "refinery disruptions" which are causing supply problems. Whatever!!! If gas prices are this high now, I hate to see what will happen if a major hurricane hits the Gulf again or terrorists blow up oil refineries.
 
M

Majikthise

Guest
Gas is at 2.95 here in Mass.

New types of gas formulations and additives are a huge cause of high base prices on fuel. In other words, the EPA isn't helping any to keep prices under control. I work on engines for a living and see on a daily basis the damage these additives do to electronic injection and especially carburated systems all in the name of this carbon footprint crap.
Gasoline producers have to balance the cost of fuel based not only on the market but also meeting emissions standards set down by the EPA. Everyone wants cleaner fuel but are unwilling to pay for the cost of chemical additives and processes required to make it. Blaming "The Man" is just all the rage. :rolleyes:
 

Prometheus

Semper Perconctor
$3.20, here, which is the highest I've ever seen it.

How high do you think it will have to get before people just say. "Screw it." and use bikes?
 

Jaymes

The cake is a lie
$3.20, here, which is the highest I've ever seen it.

How high do you think it will have to get before people just say. "Screw it." and use bikes?
For some of us that just isn't an option. As much as I'd like to be a machine, I can't bike 30 miles to school every day. :( It's not even practical for me to bike 15 miles to the grocery store.
 

Aqualung

Tasty
Gas follows the same laws of supply and demand as everything else. People drive more in the summer, especially long distances, so it's easy to charge people more.
 

Shadow Wolf

Certified People sTabber & Business Owner
According to my boss at the gas station I used to work at;
"Gas prices at set by the stock market's current price for oil, and a gas station charges just enough to refill the fuel supplies."
It does make since that you have to charge enough to refill the supplies, and keep it as low as possibly to draw in customers.
With the large oil deposit being discovered in China, gas should be droping, not rising.
Gas was around 2.90 only a few days ago, and now sits at 3.40 at some places. Someone's gotta be making a profit.
 

Reverend Rick

Frubal Whore
Premium Member
Supply and demand. Most people are not changing their driving habits. Until we say, enough is enough and just quit driving so much, the gasoline prices will be what the market will bare.

Our love affair with our automobiles is just as much the problem as the oil companies greed.

People say, I have to go to the grocery or to school. How many times do you go to the store a month? Could you stock up and go to the store less? Car pooling or simply moving closer to school or work may be the answer. You might not like the answer, but either move closer to your job or change jobs.

Some times the best paying job is not the best job when you take into consideration your driving time, car payment, maintenance, insurance, gasoline, and higher taxes from the better job.

The sad fact is, many define themselves by how much they make and what they drive.

Every green idea sounds wonderful by principle, but ethanol emits worse emissions, raises food costs and produces less gas mileage. My work truck gets 20 MPG with normal gasoline and 13 MPG with ethanol. More expense and worse emissions at the pump as well as raising the corn prices for animal feed, and just about every food product for humans.

It is the same for the squiggly light bulbs. I hope you never throw one in the trash because they contain mercury in them.

I am all for treating our planet with respect. I'm an old hippy who has recycled all my life and plant trees every year, but some of these so called green ideas are ignorant and well meaning folks follow the stupid ideas doing the wrong things for the right reasons.

We need to quit being sheep and start thinking things through for ourselves instead of being misled by people who are interested in making a profit more than helping the planet.
 

Jaymes

The cake is a lie
I still don't buy that it's supply and demand. Not with oil CEOs making the disgusting amount of money they do every year. I'm not suggesting that they should make nothing, but I also think it's ridiculous for them to milk every penny they can out of gas when they know so many people have no choice but to buy it.
It is the same for the squiggly light bulbs. I hope you never throw one in the trash because they contain mercury in them.
Let's conveniently ignore that incandescent bulbs produce almost twice the amount of mercury as CFL bulbs through power plants. :rolleyes: For someone who's already recycling it shouldn't be an issue to recycle the bulb, as well, which can either be done at the local recycling facility or at the store it was bought.
 

wizanda

One Accepts All Religious Texts
Premium Member
Pro 21:17
(17) He that loveth pleasure shall be a poor man: he that loveth wine and oil shall not be rich.
 

SoyLeche

meh...
Over here in SoCal, we are a few cents shy of paying $3.50 for regular. A new record high. It's been the same thing year after year. Gas prices soar to a new unbelievable amount due to "refinery problems" or "terrorism" or "war with Iran" or "hurricanes" and then and the end of the business year these same gas companies are posting record breaking profits.
:computer:

Does anyone else see a pattern? Is anyone else sick of this? Am I missing something? Am I ignorant about this matter? Are you sick of me asking questions yet? :p
In case you were wondering, Exxon makes a profit of somewhere between 5 and 7 cents per gallon of gas they sell. The government probably gets at least 5 times that amount per gallon.
 

Mister_T

Forum Relic
Premium Member
According to my boss at the gas station I used to work at;
"Gas prices at set by the stock market's current price for oil, and a gas station charges just enough to refill the fuel supplies."
It does make since that you have to charge enough to refill the supplies, and keep it as low as possibly to draw in customers.
With the large oil deposit being discovered in China, gas should be droping, not rising.
Gas was around 2.90 only a few days ago, and now sits at 3.40 at some places. Someone's gotta be making a profit.
Somebody is indeed making a profit. The past three years, gas companies have had record breaking profits. Three years ago I was paying around $1.90 a gallon. Now I'm paying 3.53 a gallon. Every year gas goes up to a new, outstanding price and every year gas companies are reporting a new, outstanding record breaking profit. It doesn't take a rocket scientist to see what's going on.

Every time the U.S. has a dissagreement with Ira n, oil price shoot up because of "fear." It's a big, stinking, load of horse manure. With all of this profit gas companies are experiencing, you'd think they would use that money fix their refinery "problems" after three years.

And peoples disgust with oil companies has nothing to do with "hating the man." :rolleyes:
It has to do with the monopolization and obvious exploitation of a product that has no real alternative.
 

Mister_T

Forum Relic
Premium Member
You should try British prices, they are nearer $9 gallon.
Ouch. :sorry1:

Although I will say that Europeans have more fuel efficient cars (something that Americans should be doing more of). And the option of mass transit is wide spread. Mass transit is not an option for the majority of Americans.
 
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