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DomAviator -> People Bitching About Gas Prices.... (6/19/2008 8:18:41 AM)
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Just an observation... All day every day I hear people bitching about the price of gas at the pump... Profiteering by the oil companies, Bush cronies raping the public etc... Did anyone ever stop to think how truly fucking CHEAP gasoline is? You are talking about a product that is found on a hit or miss basis by companies that spend small fortunes on geophysical data. They employ an army of geologists, geophysicists, and engineers to possibly find the product. If they do find it, and the formation is actually produceable, then they lose 1/8 right off the top to lease royalties. Then they get a product that is essentially a witches brew of hydrocarbons, sand, mud, salt water, etc.... They have to pull the hydrocarbons out of it, and then truck / tanker / pipeline it to a refinery. As if drilling rigs (particularly offshore) and pipelines arent enough, take a look at a refinery someday! Drive through Pasadena Texas and you will see MILES AND MILES of refineries with I cant even begin to fathom how many hundreds of thousands, if not millions, of feet of welded alloy steel piping that must be maintained, replaced, inspected etc by an army of well paid workers. After all, essentially a refinery is a giant still, where they BOIL and condense volatile hydrocarbons. Want to boil gasoline? Naptha? Benzene? Propane? Octane? Does that sound "smart or safe"? Once they finally ring some gasoline out of a 42 gallon barrel of produced shit (the unusable brine etc which they had to pay to dispose of, and 1/8 of the hydrocarbons which came out of their pockets right at the wellhead) Then they get to store this volatile explosive prone to evaporation product and to ultimately ship it to every little mom and pop station in america with a fleet of trucks, barges, pipelines, tank farms etc all of which cost megabucks to build and maintain. After their product gets marked up a couple of times by various middle men, taxed to shit, and marked up for retail sale - it brings as of yesterdays fill up $3.77 a gallon at the pump... Unbelieveable people will gladly fork over $3.50 for a cup of starbucks coffee but they bitch about a gallon of explosive liquid ripped from the bowels of the earth using billions of dollars of infrastructure and then processed and transported with billions more... You know - If you think gasoline is bad, try buying AvGas or Jet A sometime... Yesterday I dispatched a flight in a Lear, $980.83 fuel burn in the first hour... (1100 pounds per hour at that take off weight / 6 ppg / $5.35 gal for Jet-A) Even a little Cessna 172 burns 9.5 gph at $4.99 a gallon. Yet Im not bitching, the oil companies do an amazing job producing their product for the price they do. I pay $1.49 for 2 liters of Mountain Dew and thats sugar water! It doesnt take an offshore rig, a fleet of helicopters and crew boats, a 200 mile pipeline maintined by teams of divers and ROV's and a multibillion dollar refinery to produce that... Its a sense of entitlement. Why shouldnt the oil industry make money. I charge for my services, why shouldnt they?
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