How much is your gas price?

Discussion in 'The Lounge' started by BoredOutOfMyMind, Feb 24, 2011.

  1. hrlow2

    hrlow2 MajorGeek

    Just went to $4.09 per gallon here. For regular.
     
  2. Caliban

    Caliban I don't need no steenkin' title!

  3. Fred_G

    Fred_G Heat packin' geek

    But Rikky, we are required to pay taxes. Look at the US debt. Exxon made a profit. Neither system is ideal, but which one actually produces wealth and grows the economy, and which one just takes, and spends much, much more than it takes in?

    My thoughts are why do we look down at 'big oil's' profits, while ignoring the massive mistakes and mis-spending the government makes?

    Like in my link above, we give $2 Billion to Brazil to subsidize their oil exploration. While we have oil platform leaving the Gulf to go overseas to drill, because they are not allowed to drill here.
     
  4. Fred_G

    Fred_G Heat packin' geek

    "Hope your enjoying your Sunday Fred,you have the perfect excuse to stay at your computer and argue with me and avoid all that nasty sunshine now"

    Heck no. It is cloudy, and might rain here. I am just killing time until the indoor gun range opens... :-D And I don't see it as an argument, just civil discussion.

    :cool :guns

    Sadly, I do need to get gas today. :cry
     
  5. Rikky

    Rikky Wile E. Coyote - One of a kind

    Really? During these discussions I print out avatar and throw darts into it!

    :-D
     
  6. Fred_G

    Fred_G Heat packin' geek


    :-D:-D Big Ink and Big Paper thanks you. :-D:-D Of course, if you were to print out my avatar, I would have to charge you a VAT. ;)
     
  7. oma

    oma MajorGeek

    Currently a liter of gas is $1.36 Cdn. here. :cry

    If I'm not mistaken that's $5.1408 a USA gallon (3.78 liters) ouch!!

    And that being the Cdn $ being at approx. $1.05 US

    Glad our car is a measly Toyota Echo purchased in Nov 1999 and still going strong. :cool *knock wood*
     
  8. TimW

    TimW MajorGeeks Administrator - Jedi Malware Expert Staff Member

    Too damn much!!! We need to go hang some of these CEO's and their colleagues!!! People are starting to pinch pennies just to get by and these A$$ holes are raking in the profits!! Where is the reason for this other than speculators and oil companies just wanting to strip us blind!!!
     
  9. bdelapp

    bdelapp Specialist

    Tim, you are correct. ;)
    But even worse than the CEO's, our government officials :puke are openly welcoming any market segment to 'reap' (****) extreme profits to catalyze the sogging manure which is the base of our economy.

    I've worn both the jackass and donkey hats in past years and say with historical confidence that both parties intend to let this pillage and **** of the common taxpayer continue.

    Rather than 'actually create real jobs for millions and stimulate the economy, this is the easy way to contribute to 'improving the numbers' short term, so to speak.

    Look at the increases in price, e.g. of your groceries, natural gas, propane and nearly every product you can name.

    Our government is 'allowing' this price gouging in the name of recovery.
     
  10. TimW

    TimW MajorGeeks Administrator - Jedi Malware Expert Staff Member

    Big oil is in too many legislators pockets!!!! It's not government for the people, it's government for the corporations.
     
  11. bdelapp

    bdelapp Specialist

    And as Clinton found out whilst searching beneath the sand with his head, 'SMALL BUSINESS' powers this country.
    This country has the BEST politicans money can buy.
     
  12. Fred_G

    Fred_G Heat packin' geek

    Wow, lynching CEO's? Now that sounds a bit harsh. Why can't Big Oil drill more here in the states? :major
     
  13. LauraR

    LauraR MajorGeeks Super-Duper Administrator Staff Member

    Seriously, Tim?

    What I want to know is when it became a hanging offense for people to make a profit??? rolleyes

    Do I want to pay $4.00 a gallon for gas? No. But I don't want to pay $4 a gallon for milk either.

    We live in a market economy. We always have...at least in the US. I suppose I can understand the need to vilify someone (at least on an emotional level), but the fact is, there are some businesses out there that are still making a profit. That is not a crime. Nor should it be. There is inflation in every single industry right now.
     
  14. bigfurrykid

    bigfurrykid Sergeant

    $3.99 here in Pennsylvania. Going to have to start driving the Chevy more than the Jeep.

    Jeep gets 15 to 16 mpg around town, while the old Chevy still gets about 20 mpg.
     
  15. Fred_G

    Fred_G Heat packin' geek

    OK, we 'lynch' some peeps. Now, when you do that, who will take their place? Gubment whipped fools, or people who can make a profit? If we kill the successful, do we then elevate the unsuccessful?

    Go mediocracy! I am aiming for the center of the curve! Maybe if I am not happy, I will just call Tim, see if he has any rope left.

    Really Tim, lynching? This is supposed to be civil discourse?

    Lynching, violence to solve social problems... Disgusting to me. I don't roll that way. Can't speak for anyone else.

    There is no emoticon for how I feel.
     
  16. BoredOutOfMyMind

    BoredOutOfMyMind Picabo, ICU

    Dairy farmers are almost bankrupt due to the cost of fuel now in California. They decided that to avoid particulates, a "new blend" of diesel needed to be introduced. Now we have shortages and this has driven "the market price higher."

    We have 27 blends of fuel in Califonia and nationally we have not built a single new petro refinery since the Valero in 1976. Politics are killing the country and

    ~nevermind~
     
  17. BoredOutOfMyMind

    BoredOutOfMyMind Picabo, ICU

    $.4.45 for 86 octane Chevron (free car wash with 10 gallons) today.
     
  18. Fred_G

    Fred_G Heat packin' geek

    BOOMM, ever wonder why milk prices are gubment controlled? I think we would do a whole lot better with less gubment.

    Just my personal conspiracy theory. ;)
     
  19. Fred_G

    Fred_G Heat packin' geek

    Just out of curiosity, how do you define the common taxpayer?

    Like this? http://money.cnn.com/2011/04/14/pf/taxes/who_pays_income_taxes/index.htm

    Or this? http://www.heritage.org/budgetchartbook/top10-percent-income-earners

    http://www.taxfoundation.org/news/show/250.html

    I wonder if our government even expects us to recover.
     
  20. BILLMCC66

    BILLMCC66 Bionic Belgian

    At current exchange rates we are paying just over $7 per US gallon, and it hurts.:banghead
     
  21. bdelapp

    bdelapp Specialist

    If I may answer your last question first, I believe our government is conciously using this economic collapse as a tool to condition us to the realities of the 'world economy'.
    I could write for pages on the effects of this intended NWE, but I won't.
    It suffices to say, the American standard of living for most will be forced back to something similiar the late 70s to mid 80s.
    My 3 children, even with their bachelor degrees will never earn the money their mother and I did.
    Hmmm... the common taxpayer. Being from Indiana I would say the CT is is/was one who has worked his/her whole life, whether a secondary education or a fixture at one company, eventaully falling into the high 30s to mid 50k range gross with a combined he/she direct income of $70/90k.
    Bought houses, raised famillies, wanted to retire, likely in the same house which they have paid off, using small company retirements/401ks and SS to fund it.
    As for the magizine and news reports and predictions, and I find some of the articles written to be informative and some completely out in left field.
    The later due to the fact that our governement and those who are sucked along in the great black hole it creates are so far removed from reality as to think they do right.
    I nearly puked a few years back when Bush said he had no idea gas was over $3 per gallon.
    Part of our investments at the time was a local restaurant where I sat chatting with friends over coffee. There were possibly 50 people in the dining room having breakfast, coffee and generally gearing up for the day.
    It was a sad sight indeed to see the faces and reaction of these hard working people as they watched our president rip away a huge chunk of faith they had for him, because he had completely lost touch with the common folks.
    The looks on their faces were as if a close family member had passed.
     
  22. Nedlamar

    Nedlamar MajorGeek

    Here in southern Canada we have reached $1.38 per ltr, the highest it's been since I've been in this country. Still pretty lower by comparison of many countries but I have to say I'm really starting to feel it.
    Maybe with Bin Lamo dead they will stop "projecting" high oil prices.

    Thats what gets me, it's not because the oil has actually gone up, it's because they think it might!
    Good thing other companies don't do that, could you imagine.
    "Yes we apologise but wheat prices may go up so bread is now $8 per loaf"
    Actually didn't Tim hortons just put up coffee prices in case the coffee bean goes up?
     
  23. collinsl

    collinsl MajorGeek

    Here in the UK we are paying about £1.38/litre for regular unleaded petrol (NOT gas, gas is something that is not a liquid or a solid;)) and about £1.40 for diesel. Converted according to today's figure of 1.6685USD in 1 GBP (as provided by google) and assuming there are 3.78 litres in a US gallon (why you had to get different gallons I shall never knowrolleyes) that translates to:

    1.38 x 3.78 = 5.2164 to get £ per US gallon

    5.2164 * 1.6685 = 8.7035634 to get US dollars per US gallon


    therefore a US gallon of regular petrol in the UK costs $8.70 at the moment.

    So if the resources belong to the country they are in what happens to the countries that do not have the resource? Places like Switzerland that have no oil deposits would have to stop having anything made using oil, which these days is pretty much everything.
     
  24. BoredOutOfMyMind

    BoredOutOfMyMind Picabo, ICU

    The profit margin on milk is nowhere near that on Gasoline. Not for the jobber who runs the pumps, but the Big Oil corporation exploiting the jobber and the distributor.
     
  25. Nedlamar

    Nedlamar MajorGeek

    Whoa there Silver, Englishman here, I ask the same question about the gallon, a gallon is 8 pints.... period!
    As for gas, well I tried saying petrol but many people here look at you funny as if you just said "Could you show me where the bidet is, my frog appears to need washing" :-D
     
  26. collinsl

    collinsl MajorGeek

    Problem is, petrol prices are pence (now pounds:cry) per litre not per pint.
     
  27. BILLMCC66

    BILLMCC66 Bionic Belgian

    I was dreaming about when i was 16 or 17 and with my first motorcycle gas was 2 old shillings a gallon that's about $0.14 cents, boy was that a good dream.
     
  28. Nico_Palm

    Nico_Palm Specialist

    $1.35/litre here near the ontario/quebec border

    10 years ago it was 75-80 cents/litre :cry
     
  29. oma

    oma MajorGeek

    That's a lot and feel for you guys out there! Ouch! However, cannot be compared to Western Europe regarding the distances that North American people have to travel to go to work, shopping etc.

    City of Toronto alone is - City 630 km2 (243.2 sq mi) - Urban 1,749 km2 (675.3 sq mi) - Metro 7,125 km2 (2,751 sq mi)
     
  30. lego126

    lego126 DJ's Geeky Dad

    Gas is around $3.85/gal here in East Tennessee, and from what I seen this morning, is has went down a lil.
     
  31. TimW

    TimW MajorGeeks Administrator - Jedi Malware Expert Staff Member

    I didn't say "lynching", Fred, you did. And I was talking figuratively, in case you couldn't figure that out. Big oil is drilling more in the states, but it is predominantly for natural gas, and it is making very concerned citizens who are very worried about what they are putting into the ground " fracturing" that may contaminate ground water.

    There is no oil shortage. But we as citizens are pouring vast amounts of money into the pockets of BIG OIL. And they are laughing all the way to the bank. The oil speculators are having a field day with it.
    That in turn is what is driving the prices of commodities up. I personally think there should be a cap on just how much oil companies can profit. Just like other utilities.
     
  32. bigfurrykid

    bigfurrykid Sergeant

    Just payed another $42 to top-off our Jeep. We were a little low, however. Whenever we drop below 3/4 of a tank we just fill it up.

    If it keeps rising, we are slightly ahead of the game, if no increase, ho harm, no foul.

    We gotta take out the old Chevy and fill that up. We currently have about 1/4 tank of gas in it, so I can imagine, that will run about $40 to $50 to fill it up.

    Again, probably at least 5 mgp better with the old Lumina, than the Grand Cherokee.
     
  33. Caliban

    Caliban I don't need no steenkin' title!

    In these hard times of penny-pinching, keeping the gas (or, as collinsl so eloquently pointed out: "petrol") tanks full is smart. Less evaporation.
     
  34. Rikky

    Rikky Wile E. Coyote - One of a kind

    They provide goods and services in exchange for the oil just like normal?The only thing I'm proposing that's different is that most of the profit should be used to build infrastructure around in the country that has ownership.

    This doesn't happen ATM,most of the profits go to a small group of high profile shareholders.Given, the corruption in the middle east accounts for most of the oil fund mismanagement.
     
  35. Rikky

    Rikky Wile E. Coyote - One of a kind

    But you use more fuel carrying the weight of a full tank around:confused

    I have to disagree I think evaporation is negligible.
     
  36. mjnc

    mjnc MajorGeek

    I just bought gas today at Murphy USA, which is located near, and I believe is operated by, Walmart.

    I get the middle grade, which is 89 octane, and it was $3.98 per gallon.

    Remember that guy in New York who's campaign slogan was "the rent is too damn high!!!"

    I think we need a new universal campaign slogan about gas prices being "too damn high".

    The problem isn't actually lack of supply, it's the speculation, which I, as yet, don't understand.

    According to news reports supported by video clips, there are efforts in Washington to reduce or eliminate
    federal funding for the Commodity Futures Trading Commission.
    Without that oversight, gas prices are expected to rise significantly. :eek :(

    Commodity Futures Trading Commission

     
  37. hrlow2

    hrlow2 MajorGeek

    Went to $4.29 @gal. here yesterday.
     
  38. Rikky

    Rikky Wile E. Coyote - One of a kind


    .....Its open I guess,mythbusters need to step in.
     
  39. BILLMCC66

    BILLMCC66 Bionic Belgian

    have just filled my auto and payed $7.91 per US gallon.
    they pushed the price up again last night, the 11th increase this year and it's only May.
     
  40. mjnc

    mjnc MajorGeek

    On the Rachel Madow Show today, she mentioned 176%, but unfortunately I don't remember
    if that referred to the increase in oil companies profits or the price of crude oil per barrel
    since September 11, 2001. :confused
    Duh, sorry. Another senior moment, I guess. :-o
    Either way, that stinks. :(

    The price of crude oil dropped below $100 a barrel today, May 5, 2011.
    http://www.cbsnews.com/stories/2011/05/05/eveningnews/main20060259.shtml

    Five years ago today, May 5th, 2006, the price of crude oil was $69.97.
    http://www.nyse.tv/crude-oil-price-history.htm

    The United States yearly average cost of crude oil per barrel in 2001 was $28.32,
    when adjusted for inflation.
    http://www.inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp

    Now that Bin Laden is gone, Al-Qaeda is crumbling and the Arab-Muslim world is undergoing
    major changes in moving towards freedom and democracy, what impact will that have on oil
    prices?

    In The News:

    Obama demands Congress slash oil subsidies now

    Congress: Ryan supports ending oil subsidies
     
  41. oneeyejack

    oneeyejack Guest

    3.89 in Oklahoma!! I think we are one of the lowest. Thank you big oil. My wife will be one of the co-owners (100 land owners) of the biggest wind farms in Oklahoma. We will have 3 wind turbines on my wife's farm. Nice little income in our golden years.:)
     
  42. mjnc

    mjnc MajorGeek

    Got it now.

    The Average price of a barrel of oil in the decade Since 9/11 is 176% Higher than the Average price (of a barrel of oil) in the decade Before 9/11.
     
  43. TimW

    TimW MajorGeeks Administrator - Jedi Malware Expert Staff Member

    Could you tell us that one more time? I'm not sure I got it the last 10 times you mentioned it. :-D:-D
     
  44. Speculant

    Speculant The Confused One

    $3.99 a gallon up here. Good thing I don't have a car.
     

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