Gasoline Prices

[Joey D]

It means we need to design oil platforms better and we need to move refineries inland more.

 

[BlackZ28]

Things are getting better in Oklahoma!
From 3.09 > 2.69 > 2.39

 

[Small_Fryz]

I think the US will always have cheaper prices being as they use something like 40% off all gasoline, yet are only 295,734,134 of 6,446,131,400 or 4.5% of the world population.

And having such a huge share in the market you guys can increase and decrease the price a bit too id think.

 

[Arwin]

2)To that same end, consider this: For me to purchase a carton of Florida orange juice, I go to the store and buy it. However, that carton came on a diesel-powered semi-truck that travelled 3,500 miles to get here. If gas prices increase $1.00/gallon (as they have in the past year), that trip costs about $1,000 more to the company. Guess who pays for that? I'll give you a hint: it's not Tropicana. ALL of our domestic goods travel great distances to reach their final destination, as this country is rather large (think: 3,500 miles from London would put you in India...). The bottom line is, as gas prices rise, so does the price of everything else that we buy. This has huge economical implications. People stop buying, companies make less profit, and have to lay off workers.

And this is not the case in Europe? You see, because you have so much land, you also produce more stuff yourself. In the end though, it doesn't matter - it's not as if everything we buy comes from Europe. Our Kiwi fruit comes from New Zealand. Bananas from Nicaragua, etc. This is a global economy and virtually all Western economies are highly dependent on oil. Our electricity bills alone this year will be several hundreds of euros higher. 90% of people drive to work, and they drive about 50 mins on average ... even if the actual distance travelled varies greatly across Europe. In the Netherlands, for instance, often a lot of that is in traffic jams (not exactly fuel efficient - except, maybe, in a Prius).

 

[Small_Fryz]

totally agree Arwin,

Planes, Boats all use fuel. so no matter what your country the prices will go up based on fuel prices, USA may use trucks to transport goods, others use boats/ trains. Not just the USA is effected by this.

 

[RVDNuT374]

Things are getting better in Oklahoma!
From 3.09 > 2.69 > 2.39

Expect that to go back up to $3.09/gal as a new hurricane threatens the Gulf Of Mexico.

 

[RVDNuT374]

Even worse news: Gas prices may skyrocket to $5-6/gal because many major refineries are in Rita's path and because of the strength of Rita, they may be completely wiped out.

 

[Joey D]

Thats a bunch of bull you know that? There is like 1 refinery out of 11 that will be messed up. that means there will be 10 operating. Its just an excuse.

 

[ZAGGIN]

My question is, should the US government try to do something about the price of gasoline? Should president Bush and others be trying to lower the price somehow? Or should we simply accept it and move on?

accept it and move on! if you want better mileage per gallon, either buy a car with a smaller engine, better fuel efficiency - or both!

 

[Joey D]

But what about semis, work trucks, and things like that. That is what is going to hurt the economy due to high prices.

 

[Swift]

But what about semis, work trucks, and things like that. That is what is going to hurt the economy due to high prices.

Thank you. Fuel costs just don't effect the average driver, but almost every industry on the planet.

 

[Famine]

That would require people to see the bigger picture.

They think "Petrol prices going up? Hahaha! I'm glad I'm not driving an SUV at 15mpg. I've got a 40+mpg Fiesta/Saxo/Corsa/Polo. I'm alright."

They don't think "Oh crap. That means all the shipping costs of getting everything I buy from the factory into the shops will go up, leaving me considerably worse off."

 

[Danoff]

But what about semis, work trucks, and things like that. That is what is going to hurt the economy due to high prices.

It's an area that needs a little encouragement for innovation anyway.

 

[Small_Fryz]

I bet people have cars/transport powered by other means, but due to oil companyies and car manufactures these ideas are kept quiet or snuffed out. You cant tell me in 100 years we havnt found another way to power cars..... Now we are starting to see many ideas come out, ideas that inventors have been working on for decades, yet only now are the general public starting to regonise them. Why? one reason could be until now gas was cheaper and easily available so there was no need.

Imagine if some other car came out powered by stuff other than fuel, all the oil companies and many car companies may go out of business and loose lots of money, these guys dont care about the environment when they are making their billion $ a year. You cant tell me its only been in the last 5 years that we were capable of making these cars, we havnt been making these cars cause the oil companies and car manufactures were still reaping in the money and the general public were not demanding a change because most still thought the technology "futuristic". Now we are demanding change and know the tech exists so all of a sudden cars are being made to fit this demand.

No demand no cars being made, costs money to refine new stuff, why do that when what you have is making so much money and the liquid gold controls the world. The oil companies will do what they can to stop hybrid and alternate fuel cars until the demand is just to big or they start to run low on oil.

The power of greed will be our kinds downfall.

Famine how much oil have we consumed since we found it? and is their an estimate of how much is left?

Must be huge seas of oil underground.

 

[a6m5]

I bet people have cars/transport powered by other means, but due to oil companyies and car manufactures these ideas are kept quiet or snuffed out. You cant tell me in 100 years we havnt found another way to power cars..... Now we are starting to see many ideas come out, ideas that inventors have been working on for decades, yet only now are the general public starting to regonise them. Why? one reason could be until now gas was cheaper and easily available so there was no need.

Imagine if some other car came out powered by stuff other than fuel, all the oil companies and many car companies may go out of business and loose lots of money, these guys dont care about the environment when they are making their billion $ a year. You cant tell me its only been in the last 5 years that we were capable of making these cars.

The power of greed will be our kinds downfall.

I know that in the U.S.(and probably the same around the world), auto makers and oil companies will lobby to protect their interest. I don't think those guys are too keen on the idea of development for alternative fuel/energy or public transportation systems.

P.S. Last week, I heard that some oil related bigshot built a mansion/palace that set him back $1billion?

 

[ledhed]

Wait until people cant pay their gas and oil heating bills this winter..then you will hear the howling all the way to Moscow. Hehehehehe .....Wear a sweater .

 

[Danoff]

Imagine if some other car came out powered by stuff other than fuel, all the oil companies and many car companies may go out of business and loose lots of money,

Well then we would define that stuff to be fuel and then it would be fueled by fuel again.

Anyway we have cars powered by ethanol. We have cars powered by the sun. We have cars powered by fuel cells. How many alternative power sources do you need? The issue is that the internal combustion engine has been around a long time - and we have gotten VERY good at making them. So good that the alternatives have some catchup to do before they can compete.

But the more oil prices go up, the less they have to catch up.

 

[Joey D]

Can someone please explain why gas prices suddenly went up like 50 cents since last Thursday? There is no hurricane, there is no disaster, there is nothing I mean nothing I can forsee. So why the hell am I paying 3.09 a gallon. I mean I'll pay it, I would just like to know why.

 

[Danoff]

I mean I'll pay it, I would just like to know why.

Just answered your own question.

 

[FoolKiller]

Can someone please explain why gas prices suddenly went up like 50 cents since last Thursday? There is no hurricane, there is no disaster, there is nothing I mean nothing I can forsee. So why the hell am I paying 3.09 a gallon. I mean I'll pay it, I would just like to know why.

I heard here in KY that it was because Houston suppliers were beginning to restrict amounts until after they were back up and running at 100% again.

I don't know if that is true.

 

[sicbeing]

Basically because you'll buy it, that's why it got higher.

 

[Kylehnat]

I bet people have cars/transport powered by other means, but due to oil companyies and car manufactures these ideas are kept quiet or snuffed out.

Those cars are much more expensive to produce, so they have no marketability.

Oil companies are not fearing the future. Once oil supplies can no longer sustain the world, guess what happens! Oil companies will buy into alternative fuels, and continue amassing their fortunes. These companies aren't run by idiots. They'll keep the oil coming until they can no longer make money on it. Then they'll jump to something else. In 30 years we may be saying "$6/liter for hydrogen??!! I won't pay it! Boy, somebody ought to do something about these greedy hydrogen companies!"

 

[ZAGGIN]

But what about semis, work trucks, and things like that. That is what is going to hurt the economy due to high prices.

you seem to be contradiciting yourself now. in another thread, you failed to see the link between petrol and the economy, whats made you see things differently?

Thank you. Fuel costs just don't effect the average driver, but almost every industry on the planet.

you are correct swift.

i put forward a similar argument in a different thread (about global warming/fossil fuels), but my thoughts were rubbished by others who couldnt see the link between oil/petrol and the economy (money). it doesnt matter whether oil is dwindling, or whether its just increasing in price, we are dependant on it and many of its comodities. the fact that oil prices have rose so high goes someway to prove that we might not be too far from 'peak oil' production.
disasters and crisis' will no doubt increase the value of oil, but our dependance on vehicles that run on petrol, will continue to push up the price of petrol ever higher. if you want lower petrol prices, drive smaller, more efficient vehicles.

you really havent got a leg to stand on if the car parked on your drive has crappy gas mileage - your part of the problem.

 

[Famine]

you really havent got a leg to stand on if the car parked on your drive has crappy gas mileage - your part of the problem.

Who determines what is "crappy" and what isn't?

I used to drive a 50mpg Ford Fiesta. Then again it used as much oil as it did petrol.

Now I drive a Mazda MX-3 V6. On a good, long slog it returns 38mpg. Or, for every 4 miles in the Fiesta I can only do 3 in the Mazda. On a bad day - a short hop to work, or a track day - she'll return roughly 22mpg. Or, for every 2 miles in the Fiesta I can only do 1 in the Mazda. On average it's about 32-34mpg on regular 95RON.

Is that crappy? Who can say where on the fuel economy scale "crappy" appears?

 

[Danoff]

you really havent got a leg to stand on if the car parked on your drive has crappy gas mileage - your part of the problem.

Not if it stays parked in your driveway.

I drive 5 miles to work. My car has significantly lower mileage (30mpg) than some of the alternatives. But I'll bet I use half of the gas they do because I drive less than half as much.

 

[Joey D]

you seem to be contradiciting yourself now. in another thread, you failed to see the link between petrol and the economy, whats made you see things differently?

Show me

 

[a6m5]

I read that Exxon's last quater profits were highest in the corporate history. Here's a link to the story. What a joke.

 

[Swift]

I read that Exxon's last quater profits were highest in the corporate history. Here's a link to the story. What a joke.

hmm...I wonder who's to blame for the higher gas prices? I just don't know.

 

[FoolKiller]

hmm...I wonder who's to blame for the higher gas prices? I just don't know.

My fault. Sorry, guys. Honestly, I didn't mean to do it.











Seriously: George Bush? Terrorists? SUV drivers? Communists?
It's funnier if you watched last week's South Park

 

[Joey D]

Like I said before I accept all the blame because I drive an SUV...bring it!