Gas Prices!!!

[GeddyLee]

We have all groaned about this, especially those of use with Superchargers or SUVs/Trucks.

I went to gas up tonight and it was $3.30 a gallon (93 Octane)!!! DURING WINTER!!!! WTH!!!!

Just cause *****ia is errupting in violence, the oil traders say hey! Lets jack up the price of oil!!! And of course our greedy oil companies immediately jump on the bandwagon and jack up the prices. I mean just last friday I gassed up for only $3.18 a gallon.

When I went home to Louisville just just before Christmas, I drove home on the Friday before Christmas, I gassed up in Evansville IN and it was only $2.98 a gallon (92 Octane) as compared to $3.15 when I came back home to St. Louis. I sware gas prices vary so widely its not even funny. I really think there needs to be more regulation on price control. I mean you can drive from St. Louis County out to Jeffereson County and it costs like 10 cents less a gallon. Just for driving an extra 10-20 miles out of your way. Its crazy.

One day this country is going to implode. We have been spoiled as compared to our European brothren who pay out of the tookus for their petrol. If we hit those kind of numbers here in the States, it will be mayhem.

Just another rant for the night

I feel better now

[UR LOSN]

well, come summer your going to make another rant. should be over 4.00 a gal....

I personally dont care. gas is gas. I did like it when gas was up to 3.89 last summer and race fuel was only 4.99 a gall. I know what I chose. then the price on race fuel went up a buck. thats when I got a little peevd.

[SyntheticShield]

Truthfully, its kinda our own fault. First, we insist on having those huge SUV's that can seat a hundred people, but we just drive around with one person in them and they get like half a mile to the gallon. Im not against SUV's, but holy cow.

Secondly, we didnt scream enough when gas prices when through the roof after Katrina. Yeah, there was some up roar, but after a while we all got comfortable with it and we kept on going. Driving more than ever, consuming more than ever.

Now what I think is going to happen is that if prices continue to rise they are going to force the innovation and ideas to come forth that produce transportation that isnt as dependent on gas. I think that the oil and gas companies are shooting themselves in the foot because they are going to force people out of resentment to look for other ways to get around.

I for one, will be welcoming this. Im not against a company making a profit, I do not agree that there should be a windfall tax but lets get realistic. E85 is not necessarily the answer, but its a step in the right direction because it weans us of the foreign oil and the oil and gas companies have been dragging their feet on that one. As well, there are already other proven ideas out there that they have pretty much just shrugged off.

[GeddyLee]

I would tend agree with your statement Syn, but when the Oil companies buy or make new inventions to steer us away from fossil fuels disappear *wink wink* its one of those "black helicopter" things ya know. They are truly evil. I understand people making a buck, but when a company complains they make 5 BILLION in profit in one quarter only to turn around and make ONLY 2.5 BILLION they say they are losing is that about? Come on!!!

It is no wonder that the top oil execs out there travel with a bodyguard detail. They know what they doing is basically stealing from the American People and give back little or nothing to us. They only take and take. They promise better and more research to help stem the use of fossil fuels but I have to call BUNK on that one. They smile and wink at you and behind your back they are flippin ya the "bird."

And like the other poster stated, I am not going to be surprised if gas hits $4 a gallon. It was pretty bad this summer, and back during Katrina, I only had my GP GT so it was not hurting me to greatly but now with my supercharged GTX I can really feel the difference!!

That is one thing I like about the Cadillac CTS. Even its Direct Injection engine that produces 306hp uses only REGULAR gasoline. I wonder if the new G8's, mainly the GTs are going to reguire premium gas or will they follow their Cadillac counterparts?

Sooner or later, and I am thinking sooner, this will come to head and heads will roll

But for now, like every other fossil fuel addict, I will keep sticking that syringe, the gas pump nossel, into my arm, till something else better comes along.

[GTPluv]

89 octane $2.94
91 octane (our highest octane in Enid) $ 3.15

[UR LOSN]

I am guessing on 4.25 for premium this summer....

[s1795so2]

Driving from my area (Edwardsville, Il) to St. Louis the price of gas drops about 10-15 cents/gallon. its crazy.

[mlambert]

$3.17 for 93 is the cheapest I've found.

I saw $3.35 and went in the opposite direction.

[archemedes]

you'll start seeing vagrants with signs "will work for gas"

[mlambert]

Hahaha! But will be wearing rocawear and new shoes?

[s1795so2]

no they will be wearing a hoody and nike shoes, like me. haha.

[mlambert]

Dude, that actually made me laugh out loud.

[gmboy]

4 bangers FTW!

[Abrasive]

The day before yesterday, gas at the Casey's next door to my shop was $2.84 per gallon. Yesterday it dropped to $2.74, then this morning it was $2.93. LOL! Down 10, up 20.

[archemedes]

I wish I could do that with the stuff I sell, but that would be price gouging

[webracin]

Geddy, its funny you should mention this topic.....Here is a rant I posted on my MYSPACE, Jan 13, 2007

Over the years I have found that the Oil Companies can get away with murder. It does not matter which political party is in power, so dont buy into the Cheney/Haliburton hype. This has been going on for alot longer than that.

Just to give you an recent example, think about this. Every time there is a major storm in the Gulf of Mexico, the oil companies jack up the price of oil in anticipation of possible shortages due to damage of the oil rigs or refining capabilities. This is done up to a week in advance of the storm.

Now that oil is not in high demand due to the warm winter, there is a surplus which is driving the price down. As of yesterday, oil is at its lowest price per barrel in 19 months, so why is the price not dropping? Well according to the oil companies it will take about a week for the falling price of oil to affect the price at the pump. This is due to already having about a weeks worth of reserve built up, which was manufactured using the higher price of oil. This I can understand.

What I cant understand is when the storms of the Gulf move in, dont we still have a weeks worth of gas in the reserves? The answer is yes, and the oil companies drive the price up at the pump to MAKE MORE MONEY AND CAPITALIZE ON CATASTROPHIC EVENTS.

The only way to end this chain is to write to your congress person. If 25% of the people in the US flodded Wasington DC with mail about the oil companies, they would have no choice but to listen or loose a vote in the next election, and as tight as the elections are running now, they will listen.

webracin

[a_v_s]

It's $3.34 for premium where I'm at... When I was in Holland a few months back, gas there was about $8 USD per gallon for regular.

[mlambert]

$8 per gallon would totally suck. I fear the GTP would have to sit in the driveway while I got incredible legs riding my Fuji bike instead.

[GS-SC]

guys guys..... please, your blame is in ALL the wrong places.

1. Gas Tax is anywhere from 10-30% of the cost and is the primary factor for gas price variation.

2. due to the tree-hugging piece of shXXts the government hasnt allowed any new refineries since the 1970s (there are over 100 new alcohol refineries THIS YEAR though) how many times has our oil demand multiplied since then?

3. they also wont let the oil companies even LOOK for new oil (china is taking oil from the gulf and we CANT!!!!) this also requires us to buy from Venezuelan dictators who hate america.

I understand your anger, PLEASE DIRECT IT TOWARDS THE CORRECT PARTY!!!

the more regulation the oil companies have the more expensive the oil is. PERIOD this was PROVEN in the 70s. like waiting in line for gas? how about paying 7/gal reg just because bureaucrats on capital hill think that we should.

there IS competition beetween the companies and this is what keeps the companies from taking as much money as they want. its easy to blame the "big bad oil companies" and make up conspiracy theorys but theres just no such thing. lets be realistic, how many people would need to be "in on it" for a big huge conspiracy to work huh?

how about just looking at the taxes? think about your gas being up to 70 cents cheaper, ALWAYS.

and if your worried about running out theres enough oil in alaska alone to run the US for 700 yrs. but WERE NOT "ALLOWED" TO USE IT!!!





"Hitler was able to convince an entire country to exterminate a few MILLION Jews think about what your being convinced to think"

"Theres no such thing as a Non-Profit"

[AlphaBetaBase]

What Syn said is what I've been saying also in regards to our demand for SUVs. Car makers create based on demand and profit. Since our demand was very high for SUVs, they kept making them and still do. They provided the highest profit so they weren't going to stop.

However, I don't believe it an oil company conspiracy but they are involved. Business is supply and demand. But when I heard of the record profit earnings in the billions made me raise an eyebrow. If you're making that much profit, prices could go down. But I don't have enough information to state that is fact.

That's why I'm glad they are looking more towards hybrids and other ways to gain efficiency.

Here is a breakdown of gasoline taxes per state. Federal plus state taxes equate to approx 20% the cost of gas.
Gasoline tax information - Ohio Gas Prices

With things like this, it's usually not one political party's fault but several individual groups trying to take advantage of a situation.

I'm not going to debate on the cause whether it is liberals or conservatives as many theories are based on their personal feelings using only facts that gear towards their belief and ignoring others.

We can drill in other places but the supply will eventually go down. I've heard theories that oil isn't from fossile creatures but from the earth itself so the supply is plenty. Regardless, the supply will deminish.

So...what's the solution? From a business standpoint, we (you and I) need to reduce the demand. Make the vehicles more efficient and actually want these efficient vehicles. The key word is efficient, not us buying 3 cylinder cars with 23 hp. Make V6 engines with 260 hp but get 40 mpg highway. Smell what I'm cookin?

I can see this tread turning ugly pointlessly so I'm going to drop off.