Gas Prices w/o Hurricanes
#1
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Gas Prices w/o Hurricanes
Just curious, is everyone else ramping up like Cali? Premium at the good but not overpriced stations is around $2.90 a gallon here in silicon valley. $3+ a gallon for premium isn't hard to find. We aren't that far away from the highs during the big blows. What's everybody else got?
#6
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Simple......the same old story; supply and demand. Open your wallets up a little more. Not only is oil use...and demand...going up all over the world, ( particularly in China and India ) but here in the U.S. we are coming out of the winter supressed-driving season, driving more miles now with warmer temperatures, and placing more of a demand on still-limited supplies. This why it is imperative that the supply be kept up if we are going to drive as many miles as we want....I personally am in favor of opening up the Alaska drilling zones, building more refineries, and of course, get cracking on alternate fuels like alcohol, propane, diesel, etc......
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#9
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Quit *****ing. In the UK it's around $6.50 when converted.
#10
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But its all relative where you live, the associated living expenses and your salary.
Either way, its something most of us cannot live without. Adjust and get used to it!!!
Either way, its something most of us cannot live without. Adjust and get used to it!!!
#11
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Originally Posted by GSXLEX
We had a mild winter here in the NE particularly NJ and gas prices rose steadily anyway..Im sick of excuses..Big oil should keep it simple..
Q...Why are gas prices going up??
A...Because we are greedy bastards and you cant do anything about it!!
Q...Why are gas prices going up??
A...Because we are greedy bastards and you cant do anything about it!!
The countries fueling ( pun intended ) this world rise in prices, like China and India, are also going to have to have to do their share to help conserve, too...they must realize that their wild, uncontrolled growth in autos and miles driven is making the whole world pay more...including themselves.
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Well that answers that. I have gotten tired trying to think that I have a clue what is going on but after the hurricanes, oil didn't drop much farther than the $60 a barrel range and because driving season is coming up, it has slowly moved back up to the $66 a barrrel range. I guess nobody really wants to tell the truth about all this but anyone fantasizing about $20 or $40 a barrel oil is either lying or stupid. At least it seems like there has been a lot of equalization to Cali prices. Oh, and it won't be that much longer till hurricane season again. And a friend actually got 11 mpg on a tank for his supercharged Rover. He was probably into it very heavy but I don't think he has seen very far into the teens on that thing that he just got at Christmas. A real vehicle for the future.
#13
I recently read an article which said there is almost an additional $10 premium per barrel of crude because of political unrest- the fear that iran may cut oil output in response to UN censorship and rebel activity towards oil production in nigeria. For each dollar increase in the price of a barrel of crude translates into almost ten cents extra per gallon of gas. This speculation is what totally burns me up- the oil commodity traders in the world are bidding higher crude oil prices because of what they think might happen to supplies. To me, that's BS. Don't jack the prices up because you fear some action in the future that might not even take place. I believe the latest data showed crude oil supplies above what they were last year, although gasoline inventories are slightly down compared to the estimates going into the busier summer driving season. In short, the prices are high not totally because of just the supply issue- crude oil supplies are actually up.
#14
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I have one statement......."Walmart out of 1st place.....Mobil/Exxon moves to the top spot" Forbes 500
Go on believing the "supply and demand" theory......What a pretty list
1. Exxon Mobil 6. ConocoPhillips
2. Wal-Mart Stores 7. General Electric
3. General Motors 8. Citigroup
4. Chevron 9. AIG
5. Ford Motor 10. IBM
Go on believing the "supply and demand" theory......What a pretty list
1. Exxon Mobil 6. ConocoPhillips
2. Wal-Mart Stores 7. General Electric
3. General Motors 8. Citigroup
4. Chevron 9. AIG
5. Ford Motor 10. IBM
Last edited by AZDesertGS; 04-03-06 at 04:52 PM.