geezer-lock Posted April 8, 2005 Share Posted April 8, 2005 There's a bunch of half wrapped towel heads that are controling the price of crude. <{POST_SNAPBACK}> Not to be PC but those folks don’t use towels to cover their heads. Those are sheets. The proper term is sheet head. The spot price (sometimes called “rack” or “wholesale”) of conventional regular gasoline on the Gulf coast is $1.52 In the Texas Panhandle regular unleaded is $2.17 – $2.28 retail. You can save 10% or more on your purchases if you have access to a “rebate” credit card or a conventional “gas” credit card. Good hunting, geezer Link to comment Share on other sites More sharing options...
Vlad Posted April 8, 2005 Share Posted April 8, 2005 $1.98 for regular 2.25 for premium this morning in NJ at a Wawa gas station. Is anyone really driving any less? The AAA says that in effect Americans dont care and drive just as much. I use about a gas tank every week which means that $0.50 more per gallon is about $300 a year. How much do you spend on primers? Link to comment Share on other sites More sharing options...
cking Posted April 8, 2005 Share Posted April 8, 2005 It just plain old greed! The actually cost of getting a barrel of crude out of the ground has dropped drastically since the 70's to something like 1/3 cost. With advance drilling techingues more oil is available, and more can be gotten out of each well. We tried to break OPEC hold with venzuela oil, and now with Russian oil, and I guess now Alaska. None of these things are going to lower the price. What I would like to see is trace of gallon of gas. How much does gas station make, how much tax, how much delivery from supplier, how much to the refiner, the tanker and final back to how much we paid the well owners. I've never see that published anywhere. Wonder WHY!?!?!? Everybody works on a percentage, so 10% of 2x is more than 1.5x. I think the only thing fixed is tax per gallon per state/county/city. Link to comment Share on other sites More sharing options...
eidechse Posted April 8, 2005 Share Posted April 8, 2005 The lowest around here (north of Seattle) is around $2.21 a gallon, highest is probably $2.59... and that's for the cheap, regular unleaded. Ow. Link to comment Share on other sites More sharing options...
Ron Ankeny Posted April 8, 2005 Share Posted April 8, 2005 Regular gas here is $2.18 a gallon. I love small town Wyoming, but it's 44 miles round trip just to go to the grocery store. Almost all recreation requires a boat load of gasoline, and I can't help to think the tourist industry will suffer this summer. On the flip side, the state has a surplus of funds from the bazillion cubic feet of natural gass they are sucking out of the ground. Link to comment Share on other sites More sharing options...
Flexmoney Posted April 8, 2005 Share Posted April 8, 2005 How much is gas in your area? I voted "regular gas"...but I am not sure I understand the poll. Link to comment Share on other sites More sharing options...
Hank Ellis Posted April 8, 2005 Share Posted April 8, 2005 It's no secret that I work supporting the offshore oil and gas industry. I pay the same at the pump as everyone else. I live 4 miles from the third largest refinery in the U.S. As of this post name brand fuel is $2.20 / gallon. All that said, here's my take on the current energy situation. Demand. Demand is high worldwide. In the US we drive vehicles too large and excessively fuel consuming for our needs. We don't take measures to reduce our other fuel consumption. Low energy lighting, proper home insulation, etc. In short we're energy hogs. Other countries are becoming more industrial / westernized and their energy consumption per capita is going up. Supply. The energy is out there. Getting it is the problem. In the US the blocks from environmental and political groups against drilling is huge. Overcoming these hurdles is long and costly. There's energy off the coasts of California and Florida but the environmental hurdles are too high. The cost of drilling the wells and setting the platforms in 5000 feet of water are massive. In the billions of dollars. No one is going to take a chance on drilling a dry hole when billions are at stake. Let's say that all of the above issues have been addressed and crude is flowing. Crude is just the raw material. It must be refined. No new refinerys have been built in 30 years. What we have is running at full production. Again, everyone wants energy but no one wants a refinery in their back yard. Any glitch in the production process slows down the supply chain. The middle east and south america is doing a decent job of getting the crude out of the ground. They being the good business men they are, put this crude on the open market. Buyers will pay what the market will bear. They have the supply, we have the demand. Right now, others want crude badly and are willing to pay for it. The result is higher prices to the end consumer. My final thoughts, we in the US have to evaluate our energy consumption, resource retrieval, and refining policies as individuals. Every individual who sticks a nozzle in his tank needs to understand the energy process and consider their position. Link to comment Share on other sites More sharing options...
D.Hayden Posted April 8, 2005 Share Posted April 8, 2005 How much is gas in your area?I voted "regular gas"...but I am not sure I understand the poll. <{POST_SNAPBACK}> Whew... thought it was just me... I voted lowest Link to comment Share on other sites More sharing options...
calhunter Posted April 8, 2005 Author Share Posted April 8, 2005 After I screwed up the Poll questions, I found out you can't edit it. Guess I shouldn't try this when I'm half Asleep. Another day another 5 cents. Arco (the Cheapest) $2.519 Link to comment Share on other sites More sharing options...
ErikW Posted April 9, 2005 Share Posted April 9, 2005 If you can't edit the poll, a moderator can. In fact, I added a poll option and voted for it myself. Let us know what the options should be and a mod will edit it. Link to comment Share on other sites More sharing options...
8shooter Posted April 9, 2005 Share Posted April 9, 2005 You Americans don't know how good you have it ...... I paid 108.50 per litre this morning. That equates to about 410 a gallon. Link to comment Share on other sites More sharing options...
Fossil Posted April 9, 2005 Share Posted April 9, 2005 If we feel compelled to compare Gasoline Prices, do not only compare prices between the US and Europe, look at the figures for the following countries: Bahrain $0.82 @ Gallon Kuwait $0.76 @ Gallon Indonesia $0.45 @ Gallon U.A.E $ 0.92 @ Gallon Venezuela $ 0.40 @ Gallon England $ 5.05 @ Gallon Norway $ 4.54 @ Gallon France $ 4.28 @ Gallon Keep in mind that the US is the second largest oil producer in the World. In the US: The average tax per gallon is +/- 31% Cost of Crude Oil per Gallon +/-43% Refining Cost per Gallon +/- 13% Distribution & Marketing +/- 13% Link to comment Share on other sites More sharing options...
calhunter Posted April 9, 2005 Author Share Posted April 9, 2005 If you can't edit the poll, a moderator can. In fact, I added a poll option and voted for it myself. Let us know what the options should be and a mod will edit it. <{POST_SNAPBACK}> Erik, Can you just drop the poll and let it run with replies. I originally was trying to set it up with .10 increments from 2.10 to 3.00+ I swapped them and the poll wound up being my post. Link to comment Share on other sites More sharing options...
D.Hayden Posted April 9, 2005 Share Posted April 9, 2005 If you can't edit the poll, a moderator can. In fact, I added a poll option and voted for it myself. Let us know what the options should be and a mod will edit it. <{POST_SNAPBACK}> Now I want to change my vote! Seriously, I don't understand polls either! Link to comment Share on other sites More sharing options...
Sam Posted April 9, 2005 Share Posted April 9, 2005 The price of gasoline has much less to do with the amout of gasoline in circulation as it does wth the amount of dollars in circulation. Do a google search for "money supply figures, M-3" and you will start to get the picture. It's isn't just gas folks. Metals, lumber, food, housing, everything is having the roof blown off because of the incredible amount of credit creation by the Federal Reserve for the last decade. The "Federal Reserve" is not federal. It is privately owned. And they have no reserves! Our Money is created out of thin air...OK thin paper....and it isn't backed by anything. The problem with Monopoly Money is that it always ends up being printed in excess. The whole situation just proves that John Maynard Keynes, father of modern (socialist) economics was indeed a thief. Link to comment Share on other sites More sharing options...
Ray_Z Posted April 9, 2005 Share Posted April 9, 2005 Numbers numbers numbers. Isen't it interesting that numbers can be controled by a group of shit ( OOPS) sheet heads sitting around a table. They can control the way a whole country lives it's lives. Some of these sheet heads flew planes into buildings, changing the way we feel about the security of our country. Others are able to control the very lives of the people that live in our country from a table in the desert. Look at countrys like England and Australia, just to mention a few. If fuel were more affordable, would they have been able to be the industrial giant the US has been? With more industry could alternate energy sources have been found. Link to comment Share on other sites More sharing options...
ErikW Posted April 9, 2005 Share Posted April 9, 2005 Nah, I'll just edit the poll options. I think it's funny that people voted in a poll that doesn't make any sense. U.S. elections are starting to make sense to me now. Link to comment Share on other sites More sharing options...
kimel Posted April 9, 2005 Share Posted April 9, 2005 2.39 a gallon here on Thursday evening, 2.49 a gallon Friday at noon at all the stations (there is never more than 1 cent per gallon difference between all the stations in the area) simultaneously. It will probably be 2.59 a gallon by Sunday. Why the rapid change? Mom's weekend at the local university. There is no collusion at all but gas prices ALWAYS jump 10 to 20 cents per gallon just before all major events where travel is involved (big home football games, Dad's weekend, Mom's weekend, Thanksgiving break, Christmas break, Spring break and Graduation). The price will drop back down on Monday or Tuesday. A few years ago one of the gov of Idaho decided to investigate. The investigation rambled on and then it was noted that the election was coming up. Investigation stopped. "No price fixing found" Gov won re-election with plenty of campaign contributions from the local petroleum wholesalers. Gov moved up from a Explorer to an Excursion that same year as well. Link to comment Share on other sites More sharing options...
D.Hayden Posted April 9, 2005 Share Posted April 9, 2005 You Americans don't know how good you have it ...... I paid 108.50 per litre this morning. That equates to about 410 a gallon. <{POST_SNAPBACK}> 410? 410 what? Link to comment Share on other sites More sharing options...
Hank Ellis Posted April 9, 2005 Share Posted April 9, 2005 Electricity is produced from energy. What we in the US pay is dirt cheap compared to elsewhere. Last October my bride and I went to Roatan, Honduras for a week of blowing bubbles around the reefs. At the resort we stayed at, if we wanted air conditioning there was a $100 USD per week surcharge. Other resorts gave you A/C but the cost was buried in the package price. When we got there we ran into a pair of American friends of ours and they explained the surcharge. Only 70% of the island has electricity. The island is powered by two companies with diesel generators. One is small and the other supplies the large percentage. If you don't care for either of the companies, get your own generator. This is what our resort had. The cost per KWH from the major generator is 3.24 Honduran Lempira = 0.18004 US Dollar. Or about 2.5 times what the average US cost is. The $100 USD surcharge is to cover the increased fuel and maintenance costs for the increased electrical usage. So, think what your electric bill is and multiply it by 2.5. And it gets worse. On the island of Guanaja the rate 3.3 times the US rate. Granted Guanaja is off the beaten path even by Honduran standards. Currency calculator: http://www.oanda.com/convert/classic Bay Islands Voice: http://www.bayislandsvoice.com/issue-v2-6.htm (Article on electric price increase is about halfway down, just above the report of the shootout at the baseball game.) Link to comment Share on other sites More sharing options...
dajarrel Posted April 9, 2005 Share Posted April 9, 2005 I wonder what the actual cost of the gas at the pump is, minus the taxes??? How much of our criticism is due to the oil companies and how much to Uncle Sam and his state and local minions? dj Link to comment Share on other sites More sharing options...
kimel Posted April 9, 2005 Share Posted April 9, 2005 My gas credit card (CFN) breaks it down. I'll have to pay attention when I get the next bill. I do remember that when gas was around $1.50 that the gas cost about 80 cents and the rest of it was taxes. WA and several other states have continued to pile more taxes on gas (WA is looking to add another 12 to 15 cents) so I would not be all that surprised to find that the gas itself is still under a dollar and the rest is taxes. Link to comment Share on other sites More sharing options...
TRG65 Posted April 9, 2005 Share Posted April 9, 2005 The higher gas prices go, the less I care what the weather is when I go out to my motorcycle to go to work or school. It gets almost Twice the mileage of my wife's outback and close to 3 times the mileage of our expedition driving the 1 mile to work or the 3 miles to school through the middle of a very congested college town. But for taking 2 people 2 dogs and enough stuff for Christmas with the in-laws and family, and not killing each other on the 15 hour drive. The expedition is priceless regardless of what gas costs. Here in Northern WV, it is 2.25 for Reg and 2.45 for premium. One place has Wacky Wednesday and gives 0.05 off so that is usually when and where I get gas. Link to comment Share on other sites More sharing options...
Scooter Posted April 9, 2005 Share Posted April 9, 2005 It's at 2.49 at Arco here in Sacramento area. Luckily I can get around 33 mpg out of my Camry for my 150 mile daily commute. I get gas every 3 days. It is still cheaper for me to drive than to move to where I work. Link to comment Share on other sites More sharing options...
texasag93 Posted April 9, 2005 Share Posted April 9, 2005 Saw 2.09 earlier in the week but 2.13 is about the cheapest I have seen lately. Wal Mart usually has the cheapest price in town. I thank the lord that I haven't had to buy but 2 tanks of gas since November. My company has been footing the bill since I have been traveling for the last 5 months. TXAG Link to comment Share on other sites More sharing options...
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