Ack Gas prices

[MarkM]

Sorry you are way off base with this, Europe by default does not have any (to speak of) oil reserves so we have to import all of it and it still comes into our countries cheaply our goverments add to this cost by way of taxation. The US however has oil reserves and for years, no make that decades, the US goverment has set the level of taxation very very low. the need for huge engined vehicles in the US is not needed and as a result of this current crisis I have seen the news about the incentives to US vehicle makers to make the engines more efficient. That said the US currently is complaining about a base price rising per barrel which effects the pump price since a higher base price will mean not an increase in taxaction but a total raise...start to complain when you have to pay sensible taxation rates like the rest of the world...even those with huge oil reserves. The US has for whatever reason never made the taxation high enough. Plus they will not sign up to any of the Pollution restriction treatys despite the output of pollution in the US is just behind that of India and perhaps China.

[Lohman446]

I would be willing to bet that the average American pays more in gas taxes over a year (because of more use) than the average European. I don't know where to look that up but you do understand what I'm saying I'm sure .10 / gallon tax for 100 gallons is more tax than .40 / gallon for 10 - obviously numbers for illustration only.

[shartley]

Sorry you are way off base with this, Europe by default does not have any (to speak of) oil reserves so we have to import all of it and it still comes into our countries cheaply our goverments add to this cost by way of taxation. The US however has oil reserves and for years, no make that decades, the US goverment has set the level of taxation very very low. the need for huge engined vehicles in the US is not needed and as a result of this current crisis I have seen the news about the incentives to US vehicle makers to make the engines more efficient. That said the US currently is complaining about a base price rising per barrel which effects the pump price since a higher base price will mean not an increase in taxaction but a total raise...start to complain when you have to pay sensible taxation rates like the rest of the world...even those with huge oil reserves. The US has for whatever reason never made the taxation high enough. Plus they will not sign up to any of the Pollution restriction treatys despite the output of pollution in the US is just behind that of India and perhaps China.

[quik]

Wow 3.65 here.

Thats a lot of clam.

[Load SM5]

Want cheaper gas? Go drop kick an environmentalist. It's the main reason why we can't drill in new locations and set up new refineries. The Pres. is supposed to announce he's releasing the oil reserves today. Big deal, it still has to be refined and with our weakened capability (even more so now) it'll be a good while before we see any benefit. Hell Atlanta is about to run out of gas in just over a week because the pipeline going in is damaged and they have to use a special type of gas to meet environmental laws. I drive 45 minutes each way to work and at this point I'd let them throw an oil field up in my living room if I thought it would help. Right now gas here is 2.50 or so for the mid grade stuff but they say it'll go up another .20 in the next few days.

[MarkM]

I had already said taxation was the major cause of our high prices

I really don't undstand how you can equate a transport system dismantling to your high gas prices...it has an added cost granted but how would that translate to my high prices? Actually I do know why we have the high prices it is our taxation...about number 3 in Europe for the highest AFAIK.

[Pacifist_Farmer]

I don't usually chime in on discussions like this cause they don't solve anything and they just lead to people blaming everyone else for their problems. But here we go...

What's wrong with the gas prices? They aren't making any more oil. Shouldn't we learn to be a little less dependent on the stuff, some day its gonna come back to bite us in the butt. I won't complain if I'm paying 8 dollars a gallon, its a privledge.

What I don't like is the thought that some jerk is getting rich of the $3/gallon I'm going to put in my car this afternoon.

It's not the environmentalists fault you pay more at the pump. If anything initiatives which go to keep the air cleaner are saving you money on health insurance. I find the idea of "drop kicking" an environmentalist, absolutely retarded. I am not a granola eating hemp wearing hippy, but I do think that poking some more holes in the earth to suck out some oil is not the solution to an energy crisis, in fact it hurts more than anything else, because we become complacent in the thought that there is still plenty left for everyone.

Sure the gas price here is $3.00, but at least you don't have to wait in line for your ration of fuel.

[bleachit]

Nuke OPEC.


I love the way they arbitrarily lower production/raise gas prices so they can make $75 billion as opposed to just $70 billion.... There is no oil shortages... as my Macro Economics teacher in High School said, people are not waiting in lines at the gas pumps, there is no government rationing of fuel... OPEC just sits down, decides they want to make a few more million dollars a day and "reduces" oil production... what a joke.


like i said, Nuke OPEC

[WenULiVeUdiE]

Nuke OPEC

OPEC has nothing to do with the high gas prices from major companies(I am not refering to Katrina's events). Large oil companies have long term contracts to buy a set amount of oil for a set period of time for a set price. BP isn't paying $65 a barrel or what ever the current price is.

[PyRo]

Heating oil prices worry me more though. It is going to be a rough winter with high vehicle cas prices as well as home heating fuel prices.

I have a solution to high heating oil prices

Ever split about 6 cords of wood with an axe and a sledgehammer?
I work for a landscaping company so just had them drop a couple oak trees at my house. The boss is more than happy to cut it into small pieces and drop it because he would normally pay $200 or so to dump it. That's about six chords of oak between both piles. It won't heat the house all winter since we can't have someone home building a fire all the time but it should make a serious dent in the heating bill. If you went to buy all that wood pre-split though it would probably run you $500-$700 though.

[bleachit]

OPEC has nothing to do with the high gas prices from major companies(I am not refering to Katrina's events). Large oil companies have long term contracts to buy a set amount of oil for a set period of time for a set price. BP isn't paying $65 a barrel or what ever the current price is.

if thats the case, then why is it that every time OPEC raises gas prices the gas at the pump rises instantaneously? greedy bastards...

[PyRo]

Gas is going up for several reasons.
1. China and India are industrializing and buying up gas. The only solutions are to somehow stop the industrialization over there or increase oil production.
2. Refinaries having problems this isn't as big a problem as everyone things although a couple new refianaries wouldn't hurt anything.
3. People are afriad because of the war in Iraq, hurricanes, etc.
4. OPEC being jerks.
5. Price gouging. Yesturday I filled up and missed paying $2.65 by ten minutes (I paid $2.71). Why it went up I don't know, they didn't get a delievery. This morning I go by the same station which is now getting $3.09 and I know they didn't get a delivery last night. I'm guessing that the gas being delivered now really does cost that much. The stations that did get a delivery last night are charging about $3.50 a gallon. The stations that didn't are charging between $2.75 and $3.25. Basically some stations were forced to raise their price, the others just followed suit but are lowballing the other guy to attract more buisness. The person in my example is making a profit of atleast $0.60 a gallon.

[lord1234]

my solution: Buy a moped....I currently have 2(recieved free actually) Motobecane 50V Mobylette's sitting in my basement...need a little TLC, but 100mpg is greeeeat.

[Pacifist_Farmer]

I was reading something on the intertron the other day that said the owner of a gas station makes approx. $.01 on every gallon sold....discuss

(this is mind you the owner/operator, not shell, mobil, etc.)

[Lohman446]

I was reading something on the intertron the other day that said the owner of a gas station makes approx. $.01 on every gallon sold....discuss

(this is mind you the owner/operator, not shell, mobil, etc.)

Is that makes, as in clears in profit after all overhead is paid on the building, lights, pumps, bank notes, wages, insurance etc. Thats pretty good if its after overhead profits.... I mean, think how many thousands of gallons a station pumps in a day