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RE: Just watch sky rocketing gas prices - 2/19/2008 6:48:02 PM   
kdsub


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quote:

ORIGINAL: Archer

Couldn't have anything to do with speculators driving up the price now could it? Closed over $100 today.
Couldn't have anything to do with the Chavez threats, and the shuffle to rearrange who's going to be sending oil where.

Plenty of explinations for the price going up, but as mentioned earlier overall we're still adjusted for inflation paying about the same for gas as we did well over a decade ago, so gas is really still far ceaper than the market says it should be here in the US.

(NOTE this does not mean I want to see the price driven up just that I understand it is held artificially low in the US in terms of the world market)



Hi Archer

I have read your contention that inflation adjusted prices in 1998 just about equal 2008 prices.

I don’t know about everyone and everywhere but gas is now $3.00 gal here in 2008 and in 1998 it was $1.36 per gallon…  220 percent increase…

My income has increased nowhere near that much in that time… I’ll bet the average person’s income has not either.


Butch

(in reply to Archer)
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RE: Just watch sky rocketing gas prices - 2/21/2008 10:40:23 AM   
spiritd1


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I am sure no one will pay attension but we can control the gas prices. If people would but gas anywhere except from Exxon/Mobile until they come down to $1.50 a gallon they would either go broke or come to accept our terms for gas prices. If Exxon has very low sales for a day or two they will com down, remembering a few years ago when people did't buy gas on sundays the gas prices did come down some. I know it sounds unreal that a big company like Exxon couldn't go with low sales for more than a day or two but I would severly hurt them enough to lower their price. Once Exxon lowers their price others will have to do the same, think about it and get everyone you know to go with this as it will work.

(in reply to Archer)
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RE: Just watch sky rocketing gas prices - 2/21/2008 12:11:42 PM   
Feric


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And did you notice that in 2004, just around the time of the Presidential elections, gas prices fell? In California, gas went down to $1.75 a gallon. After the election, they climbed back up again.

< Message edited by Feric -- 2/21/2008 12:12:00 PM >


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RE: Just watch sky rocketing gas prices - 2/21/2008 2:24:53 PM   
deliciousmorsel


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$3 a gallon is what people will pay. Didn't you get the marketing survey in your e mail? I did.

It takes ten years to build a refinery and get it online. Minimum. Since we've passed Peak Oil, why bother? It's kind of late. What are you going to refine in it?

All you all who bitch about New Orleans? Yes, you need New Orleans. Most of your oil and gas comes in through the port, the deepwater SuperPort right offshore, or Port Fouchon to the west- which used to be onshore, but now sits in a lagoon since Rita. You were subjected to Paris Hilton, or the one before her, so you wouldn't pay attention to the managers of Port Fouchon or Superport telling Congress what would happen if a hurricane took out either one. You got lucky this time. You would have seen $10 a gallon if Fouchon had gone offline.
Oh- we have most of the oil refineries down here too. So there needs to be a city here. And those wetlands to protect your gasoline supply. Including all the stuff we pump offshore in the Gulf.

Reserves. Adding up stated reserves doesn't tell you anything. Countries set their own capacities and can pump what they want because of it. The Middle East's reserves haven't dropped in decades. It's a good time to score cash, before alternative fuels might actually happen. And Venuzuela was the oil boom of the fifties. Working them over again is desperate. I doubt they have the reserves published or we would have invaded them (snickers).

Ethanol! As a corn farmer I rub my hands with glee, hoping that this government backed disaster will pull me out of the hole Rita/ Katrina put me in. A gallon of ethanol takes more energy to manufacture then it will ever put out as fuel. I wouldn't get all excited about it. I am because perhaps this scam will get me back on baseline, but I'm not counting on it long term. Where's the energy to make it coming from?

Winter is a good time to get a good price on last seasons model bicycles. Not a bad thing to own.

< Message edited by deliciousmorsel -- 2/21/2008 2:26:46 PM >

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RE: Just watch sky rocketing gas prices - 2/21/2008 2:34:52 PM   
deliciousmorsel


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Here's a cool peice of trivia- when Benz invented the deisal engine, he designed it to run on vegetable oils. Since deisel was cheaper, they changed the seals in it and used that, but that's the big conversion- the seals. So I am told, and I understand your vegetable oil needs to have any water processed out of it.

As a farmer, this interests me- that's the big killer expense in your food, energy. To grow it and ship it, also done by deisel trucks.

Everybody DID notice the price of groceries lately, right?

(in reply to deliciousmorsel)
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RE: Just watch sky rocketing gas prices - 2/21/2008 4:29:55 PM   
popeye1250


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From: New Hampshire
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All we have to do is ration gasoline to get the prices down.
You just have the president say that every driver gets 25 gallons of gasoline per week and no more.
Then listen to the oil companies; "Whoa, whoa, there's *plenty* of gasoline to go around!"
But, does anyone in here still think that the federal government actually works for The People?

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RE: Just watch sky rocketing gas prices - 2/21/2008 5:17:20 PM   
Aneirin


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Welcome then to the world of high fuel prices. We have been living with it for years , though for us most of the cost is tax.

It does not help however when something happens in the world and it would seem anything, even things totally unrelated to oil, it is yet another excuse to hike our fuel prices. And there follows a mealy mouthed explanation as to why something unrelated affects oil.

Despite oil companies huge profits from the sale of fuel, they seem ever so trigger fingered with anything that happens in the world.


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RE: Just watch sky rocketing gas prices - 2/21/2008 5:18:28 PM   
Leatherist


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I think it's a beautiful thing-it will spell the death of the oil industry. People will finally be forced to find practical alternatives.

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RE: Just watch sky rocketing gas prices - 2/21/2008 5:27:40 PM   
Aneirin


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Yes, it might'nt be a bad thing if the world's reliance on oil was diminished, even stopped. Think, no oil inspired wars, but I am sure the super powers would find someone to demonstrate their weapons superiority on.Got to think of the arms sales.

But say when the fuel companies cannot find profit in oil anymore, perhaps then they will wheel out all the alternative fuel technologies they have gathered patents for.


_____________________________

Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

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RE: Just watch sky rocketing gas prices - 2/21/2008 5:31:37 PM   
popeye1250


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From: New Hampshire
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quote:

ORIGINAL: Aneirin

Welcome then to the world of high fuel prices. We have been living with it for years , though for us most of the cost is tax.

It does not help however when something happens in the world and it would seem anything, even things totally unrelated to oil, it is yet another excuse to hike our fuel prices. And there follows a mealy mouthed explanation as to why something unrelated affects oil.

Despite oil companies huge profits from the sale of fuel, they seem ever so trigger fingered with anything that happens in the world.



Aneirin, yeah, you guys pay $5 or $6 per gallon for gasoline but at least you guys get something for it.
Free medical and dental, 8 week "holidays", pensions etc.
We get to pay for a huge military that some people think should get involved in the internal problems of foreign countries!

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RE: Just watch sky rocketing gas prices - 2/21/2008 5:36:31 PM   
Sinergy


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quote:

ORIGINAL: thickerdenwater

well since we only have a handful of refineries due to the enviromentalist throwing temper tantrums about even explanding current refineries, you can count on it. We havent built a new refinery to keep up with deman since 1976 or so, and of course the nation taxes the living hell out of the gas as it is. 


[sarcasm]

Yes, if it wasnt for those damn environmentalists stopping you people from building coal building refineries without paying for your carbon output, you people could happily drive your Hummers to your hearts content without worrying about the effect of pouring your crap into the lungs of your grandchildren.

[/sarcasm]

Apres moi, le deluge.

Louis the Fourteenthergy


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RE: Just watch sky rocketing gas prices - 2/21/2008 5:38:10 PM   
Sinergy


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On a related note, I posted elsewhere that my Toyota Yaris gets about 38 miles to the gallon.

CarbonConsciousergy

p.s.  for those playing the home game, this is about the same MPG most hybrids end up getting.


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


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RE: Just watch sky rocketing gas prices - 2/21/2008 5:47:12 PM   
Aneirin


Posts: 6121
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From: Tamaris
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quote:

ORIGINAL: popeye1250

quote:

ORIGINAL: Aneirin

Welcome then to the world of high fuel prices. We have been living with it for years , though for us most of the cost is tax.

It does not help however when something happens in the world and it would seem anything, even things totally unrelated to oil, it is yet another excuse to hike our fuel prices. And there follows a mealy mouthed explanation as to why something unrelated affects oil.

Despite oil companies huge profits from the sale of fuel, they seem ever so trigger fingered with anything that happens in the world.



Aneirin, yeah, you guys pay $5 or $6 per gallon for gasoline but at least you guys get something for it.
Free medical and dental, 8 week "holidays", pensions etc.
We get to pay for a huge military that some people think should get involved in the internal problems of foreign countries!



'Get something for it', you reckon? No more than twenty days vacation per year for the vast majority of workers.

A medical service which is falling apart where war veterans have to go public so they may get the treatment they deserve and have paid for via taxation.

A dental service where now you are lucky if you can find an NHS dentist and even luckier if you are on their books, a very precarious place.

And the pension, hmmm, those on the state pension are on the poverty line, those of us who are not quite there yet have the prospect of poverty to look forward to. Either that, or there will be no pension due to governmental screw ups.

Sure, everyone can save for a private pension, what the government would prefer, but rising fuel prices, food prices, housing costs etc,lower wages etc kind of leaves not much left to pay into a personal pension, something which in itself is fraught with worry as pension plans fail due to mismanaged speculation on the stock market, causing the government to bail them out with tax payers funds if they are lucky.

No, it is not so nice over here either, maybe it is our misguided dependance on oil that has screwed us all.


_____________________________

Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

(in reply to popeye1250)
Profile   Post #: 33
RE: Just watch sky rocketing gas prices - 2/21/2008 5:57:20 PM   
Sinergy


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Joined: 4/26/2004
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quote:

ORIGINAL: Aneirin

No, it is not so nice over here either, maybe it is our misguided dependance on oil that has screwed us all.



You miss the most important part, Aneirin.

People think that all of these problems resulted because of the Liberal Menace.

Most of the time I wonder how life can exist in a mind that small.

Sinergy


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


(in reply to Aneirin)
Profile   Post #: 34
RE: Just watch sky rocketing gas prices - 2/21/2008 5:59:35 PM   
Sinergy


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Joined: 4/26/2004
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quote:

ORIGINAL: Sinergy

People think that all of these problems resulted because of the Liberal Menace.



I personally consider myself a "progressive" and not a "liberal."

I was only a Democrat to vote against Jane Harmon.  Now I am back in the "independant" fold.

I think what is done today should be predicated on what is best for people who will inherit this planet after I am gone.

Sinergy


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


(in reply to Sinergy)
Profile   Post #: 35
RE: Just watch sky rocketing gas prices - 2/21/2008 7:23:56 PM   
TheGorenSociety


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Just wait  with us passing peak oil,  the price will only go higher and not just for fuel. A client of mine just told me, he is going out of business due to cost of raw materials. He makes plastic bottles and he cannot just change where he gets raw materials easily. A ten percent increase wipes out most of his margins. I understand his predicament. Fuel cost will  stop a service economy dead in it's tracks. It might not effect the big companies as much but small business will close and to boot they run most of the economy. This is just the beginning of  a global cascade of events to a meltdown to beat all other meltdowns combined.   If the Arabs have their way  they will see the price of fuel exceed 20 dollars a gallon . They believe their oil is worth more then gold is trading at per ounce on the market today .Of course I will get flamed and castigated over this response. However having worked in several different industries over the last ten years I have seen a steady decline of big oil investment in infrastructure  & consolidation of assets outside the USA .This is about greed  pure and simple. In the end, we all  continue to pay through the nose. Big oil is trying to buy up all the interests in alternative energy  so they can remain in the game.The oil market has never been a free market, rest assured it is controlled every step of the way. They did the exact same thing during the 73 embargo and just put all of that technology into moth balls.Just like the  auto industry, they have trampled or destroyed any one trying to make a more economical transportation. So, either we have to go our own way and create our own transportation, modify our current transportation or accept what happens.I and those I know have chosen to make our own destiny, we make our own fuel and are creating a sustainable life.

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RE: Just watch sky rocketing gas prices - 2/21/2008 8:10:34 PM   
Archer


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quote:

ORIGINAL: kdsub

quote:

ORIGINAL: Archer

Couldn't have anything to do with speculators driving up the price now could it? Closed over $100 today.
Couldn't have anything to do with the Chavez threats, and the shuffle to rearrange who's going to be sending oil where.

Plenty of explinations for the price going up, but as mentioned earlier overall we're still adjusted for inflation paying about the same for gas as we did well over a decade ago, so gas is really still far ceaper than the market says it should be here in the US.

(NOTE this does not mean I want to see the price driven up just that I understand it is held artificially low in the US in terms of the world market)



Hi Archer

I have read your contention that inflation adjusted prices in 1998 just about equal 2008 prices.

I don’t know about everyone and everywhere but gas is now $3.00 gal here in 2008 and in 1998 it was $1.36 per gallon…  220 percent increase…

My income has increased nowhere near that much in that time… I’ll bet the average person’s income has not either.


Butch


Problem is the year 1998 may well have been the cheapest year adjusted for inflation since the 50's.

1955 gas price .29per gallon adjusted for inflation only $1.76.
However adjusted for % of deisposable income it would have to cost $5.17 per gallon to consume the same part of our budgets.

1972 gas price .36 per gallon adjusted for inflation only $1.36
Adjusted for percentage of disposable income $2.66

This marks the Embargo years

1981 gas price $1.38 adjusted for inflation only $2.74
Adjusted as percentage of disposable income $4.30

1998 gas price $1.03 adjusted for inflation only  $1.21
Adjusted for percentage of disposable income $1.35

1998 is really the lowest price anyone has paid for gas in terms of inflation and disposable income since the 1950's.
Now these figurs are in terms of median incomes so they may not hold true for your specific situation.

*figures are from 2006 article Investors Business Daily May 17, 2006*





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RE: Just watch sky rocketing gas prices - 2/21/2008 8:46:44 PM   
thompsonx


Posts: 23322
Joined: 10/1/2006
Status: offline
quote:

ORIGINAL: Archer

quote:

ORIGINAL: kdsub

quote:

ORIGINAL: Archer

Couldn't have anything to do with speculators driving up the price now could it? Closed over $100 today.
Couldn't have anything to do with the Chavez threats, and the shuffle to rearrange who's going to be sending oil where.

Plenty of explinations for the price going up, but as mentioned earlier overall we're still adjusted for inflation paying about the same for gas as we did well over a decade ago, so gas is really still far ceaper than the market says it should be here in the US.

(NOTE this does not mean I want to see the price driven up just that I understand it is held artificially low in the US in terms of the world market)



Hi Archer

I have read your contention that inflation adjusted prices in 1998 just about equal 2008 prices.

I don’t know about everyone and everywhere but gas is now $3.00 gal here in 2008 and in 1998 it was $1.36 per gallon…  220 percent increase…

My income has increased nowhere near that much in that time… I’ll bet the average person’s income has not either.


Butch


Problem is the year 1998 may well have been the cheapest year adjusted for inflation since the 50's.

1955 gas price .29per gallon adjusted for inflation only $1.76.
However adjusted for % of deisposable income it would have to cost $5.17 per gallon to consume the same part of our budgets.

1972 gas price .36 per gallon adjusted for inflation only $1.36
Adjusted for percentage of disposable income $2.66

This marks the Embargo years

1981 gas price $1.38 adjusted for inflation only $2.74
Adjusted as percentage of disposable income $4.30

1998 gas price $1.03 adjusted for inflation only  $1.21
Adjusted for percentage of disposable income $1.35

1998 is really the lowest price anyone has paid for gas in terms of inflation and disposable income since the 1950's.
Now these figurs are in terms of median incomes so they may not hold true for your specific situation.

*figures are from 2006 article Investors Business Daily May 17, 2006*






Archer:
Wouldn't it be fun if you were also to make the above calculations with the mean and the mode as well as the median.  You did know that median means the mid point between two numbers so if you compare the income of Bill Gates with Joe shit the rag man the median income will be in the billions a figure that none of us on cm make nor anyone you know makes (would be my guess)  A little more honesty in your arithmetic would be appreciated by all of us who disagree with your assessment that fuel is cheaper now (adjusted for what ever you want to dream up)than it was in the past.
Was fuel the same price in 1955 as it was in 1969...yup pretty much.  Was fuel the same price in the beginning of 1972 as it was at the end of 1972...not at all.
How many days was fuel $1.03 in 1998?
This would not be the first time you have attempted to "cook" the books with cherry picked numbers.
thompson






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