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RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/5/2011 10:08:49 AM   
EternalHoH


Posts: 791
Joined: 5/30/2010
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quote:

ORIGINAL: pahunkboy

When i worked at a gas station- our mark up was .08  -.10 a gallon.  back then gas was  $1.31




Today, very few gas station owners set the street price. Most have lost control of that to wholesalers when they sign the branding contract.

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Profile   Post #: 41
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/5/2011 11:18:29 AM   
truckinslave


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Joined: 6/16/2004
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quote:

ORIGINAL: EternalHoH

Funny how there are laws against price gouging at the pumps, but no laws against price gouging via the futures markets.
[/quot]

if you think those (evil) speculators are just picking money up off the sidewalk, why don't you buy an oil contract?

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RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/5/2011 11:29:46 AM   
EternalHoH


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Innocent people who are not gaming the system are getting robbed by the futures casino, and your answer is telling them to place a bet?

Nice try, asshole.

(in reply to truckinslave)
Profile   Post #: 43
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/5/2011 9:24:43 PM   
SexyBossyBBW


Posts: 1693
Joined: 2/25/2010
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quote:

Why?  Everyone knows that a one or two day boycott would simply result in more gas being bought when it's over.  If I were a station owner, I'd be tempted to jack prices UP during the boycott because consumers would not be able to sit out a price increase then!
Apparently, not everyone knows, though you may be right.   I don't have any stats saying a two day boycott around the US would make any difference.

As for myself, I buy less gas nowadays, because I make less trips to the mall, and miscellaneous places to shop.   Work, visiting family, and transporting the little one, are the only things I absolutely have to do.     M

< Message edited by SexyBossyBBW -- 3/5/2011 9:26:17 PM >

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Profile   Post #: 44
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/5/2011 10:05:55 PM   
hlen5


Posts: 5890
Joined: 3/2/2008
Status: offline 		I just paid $50 for a tankfull of gas. I've only done that one other time when prices went up so high the last. I would sooooo love to get a hybrid car. I'd love to live off the grid too.

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Profile   Post #: 45
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/6/2011 7:50:35 PM   
Marini


Posts: 3629
Joined: 2/14/2010
Status: offline 		Gas prices are predicted to continue to rise.
More than likely you will be paying more for gas, than less the next time you fill up.

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Profile   Post #: 46
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/6/2011 10:03:46 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		~FR

To have a real financial impact, you’d have to figure out how to get people to keep their cars off the road for the whole day — cutting actual consumption. Of course, you’d also have to shut down ambulance services, police cars, fire trucks, delivery vans, etc. And don’t forget all those other gas-powered devices: Every landscaping crew would have to take a holiday on one of the busiest days of the year.

But suppose that, through some magical force of nature, you managed to shut down every gasoline-powered vehicle and device for one day. Let’s look at how much money would be involved and what would happen to it:

Based on current demand of about 386 million gallons a day, at $3 a gallon, the total value of gasoline sold daily in the U.S. comes to almost $1.2 billion. But that’s the total retail value — the pot of money that’s divvied up along a chain of oil producers, pipeline operators, refiners, wholesalers, truckers and retailers. Let’s follow the chain and see who gets to keep what.
................

An interesting read.

The way to hurt Oil?

Why not, instead, make May 15 “Fuel Economy Awareness Day” — urging drivers to check the mileage they’re getting and review suggestions for improving it? Better yet, make May 15 “Shop For A Higher Mileage Car Day.”

Because the only way we’re going to have any impact on demand — and price — is to reduce the amount of gasoline consumed per person. And the best way to do that is to improve the efficiency of cars on U.S. roads. If you doubled your average mileage, you would cut consumption in half.

Now that would put a big crimp in gasoline sales and almost certainly send pump prices tumbling.

http://www.msnbc.msn.com/id/18492185/

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Profile   Post #: 47
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 3:21:16 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
People are getting robbed

quote:


Interior appeals oil drilling ruling



The Obama administration has fired another shot in the fight over the speed with which the Interior Department is — or isn’t — letting oil drillers resume work in the Gulf of Mexico after last year’s Deepwater Horizon explosion and oil spill....

... Earlier in February, the judge held the department in contempt, citing its “dismissive conduct” in blocking offshore drilling during last year’s spill.

The delay in issuing permits since last year’s Gulf oil spill is “increasingly inexcusable,” Feldman wrote.


http://www.politico.com/news/stories/0311/50703.html

quote:

ORIGINAL: EternalHoH


Innocent people who are not gaming the system are getting robbed by the futures casino, and your answer is telling them to place a bet?

Nice try, asshole.




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(in reply to EternalHoH)
Profile   Post #: 48
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 4:16:50 AM   
EternalHoH


Posts: 791
Joined: 5/30/2010
Status: offline 		You could speed up drilling all you want, you could open up all undrilled area to drilling, and you could embrace all those green fads you want, and NONE OF IT solves 90% of the problem overnight as RETURNING previously-existing regulations to the futures market does.

What good does drilling more, drilling faster do when the incremental output from that is manipulated in the futures markets too?

Its never has been about the actual supply of oil.  Its has always been about INVESTOR demand driven by a crisis trigger, not refinery demand

September 22, 2008 was the day of the record $25 spike in oil prices in a 24 hr period.  It was the first trading day (monday) after Bernanke & Paulson ran to congress saying they needed $800 billion or we wouldnt have an economy the following week.  But its good to know that if we had been doing that extra drilling all along, it would have resulted in only a $24.50 record price increase instead.

YOU are da man with da plan!




< Message edited by EternalHoH -- 3/7/2011 4:44:04 AM >

(in reply to Sanity)
Profile   Post #: 49
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 4:23:19 AM   
Sanity


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From: Nampa, Idaho USA
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Were we to resume or begin drilling in all the places that the Obama regime (and friends)  has us locked out of, or open the Keystone XL pipeline from Canada in a timely fashion, this constant Mideast volatility wouldnt have near the dramatic effect that it does on the futures market.

The futures market in and of itself isnt bad or evil at all, I dont think you understand its purpose or how it works.

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(in reply to EternalHoH)
Profile   Post #: 50
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 4:30:38 AM   
EternalHoH


Posts: 791
Joined: 5/30/2010
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quote:

ORIGINAL: Sanity

The futures market in and of itself isnt bad or evil at all, I dont think you understand its purpose or how it works.



Oh, I completely understand how it works. We need a *healthy* futures market.

YOU seem to be in denial over how its being abused.

It is not a 'raghead' volatility problem.  It is a 'gold-threaded suit' INVESTOR problem.






< Message edited by EternalHoH -- 3/7/2011 5:15:46 AM >

(in reply to Sanity)
Profile   Post #: 51
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 5:25:40 AM   
Aneirin


Posts: 6121
Joined: 3/18/2006
From: Tamaris
Status: offline
quote:

WHY THE FUCK HAS PRICES GONE UP?


Plain old profiteering as always, they know we need it, so we must buy it at their price, we are a captive customer being screwed over by a monopoly.

Anything that happens in the world is a reason to increase prices, but you will notice, never reduce them when the going is good.

We have got to find a viable alternative energy source as soon as possible as this thing really isn't going to change for the better, because if we don't buy, there are plenty of other emmerging economies and countries that will. It is us that will lose out, and our fault for becoming addicted to oil. A product that we had no control nor understanding of how much there actually is and how hard it was going to be to get at.

Our fault.


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Profile   Post #: 52
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 5:34:36 AM   
Sanity


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From: Nampa, Idaho USA
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A few short years ago leftists were constantly screaming that the president of the United States was behind any and every world-wide rise in the price of oil

No one or nothing else could possibly have been to blame.

I guess thats changed?


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Profile   Post #: 53
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 5:36:48 AM   
ArizonaBossMan


Posts: 380
Joined: 2/9/2011
Status: offline 		Imagine GW Bush as president now. There would be constant drumbeat on the price of everything. Do something Do something, the children the children are suffering! Now we get hope and change. What the HELL does that mean? Is anybody alive? We have to suffer through this fool for a bit longer.

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Profile   Post #: 54
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 5:58:37 AM   
EternalHoH


Posts: 791
Joined: 5/30/2010
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quote:

ORIGINAL: Sanity


A few short years ago leftists were constantly screaming that the president of the United States was behind any and every world-wide rise in the price of oil




And those lefties were dumb to do that.

About as dumb as those on the right claiming that "drill baby drill" is the only solution to a regulatory loophole issue.



(in reply to Sanity)
Profile   Post #: 55
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 6:02:19 AM   
RacerJim


Posts: 1583
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quote:

ORIGINAL: Sanity


A few short years ago leftists were constantly screaming that the president of the United States was behind any and every world-wide rise in the price of oil

No one or nothing else could possibly have been to blame.

I guess thats changed?


You noticed that's changed too, huh?


(in reply to Sanity)
Profile   Post #: 56
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 6:05:04 AM   
LillyBoPeep


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quote:

ORIGINAL: hlen5

I'd love to live off the grid too.


same here!!


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Profile   Post #: 57
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 6:06:37 AM   
RacerJim


Posts: 1583
Joined: 1/1/2004
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quote:

ORIGINAL: ArizonaBossMan

Imagine GW Bush as president now. There would be constant drumbeat on the price of everything. Do something Do something, the children the children are suffering! Now we get hope and change. What the HELL does that mean? Is anybody alive? We have to suffer through this fool for a bit longer.

If only Obama was indeed a fool. He isn't. He knows exactly what he's doing. Remember, less than a week before election day 2008 Obama himself said "We are five days away from fundamentally transforming the United States of America."

(in reply to ArizonaBossMan)
Profile   Post #: 58
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 6:09:15 AM   
RacerJim


Posts: 1583
Joined: 1/1/2004
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quote:

ORIGINAL: EternalHoH

quote:

ORIGINAL: Sanity


A few short years ago leftists were constantly screaming that the president of the United States was behind any and every world-wide rise in the price of oil




And those lefties were dumb to do that.

About as dumb as those on the right claiming that "drill baby drill" is the only solution to a regulatory loophole issue.




Please quote someone of import on the right who claims that "drill baby drill" is the ONLY solution.

(in reply to EternalHoH)
Profile   Post #: 59
RE: $4-$5 gallon gas on the way/Gas prices up 28 cents ... - 3/7/2011 6:11:30 AM   
RacerJim


Posts: 1583
Joined: 1/1/2004
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quote:

ORIGINAL: LillyBoPeep

quote:

ORIGINAL: hlen5

I'd love to live off the grid too.


same here!!


More "Hopey-Changey" Kool-Aid.

(in reply to LillyBoPeep)
Profile   Post #: 60
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