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Old 05-16-2008   #1 (permalink)
sdbrit68
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Default gas prices

thisn is getting out of hand

Gas strikes 9th straight record high at $3.787 a gallon: Financial News - Yahoo! Finance

I mean, its easy to bag on OPEC, but if they have the product, and you want it,they have a right to charge what they want.

if memory serves, isnt there a large deposit of oil buried under russia that is just difficult to get too ?

maybe its time we teamed up and helped them excavate it for a reduced price on oil
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Old 05-16-2008   #2 (permalink)
Connman
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$5.00+ by the end of Summer.

Check sites like this: GasBuddy.com - Find Low Gas Prices in the USA and Canada for best prices in your area.
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Old 05-16-2008   #3 (permalink)
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If you want to complain about oil prices, maybe you should see what the legislators have in store for you ... you will really scream if this goes through.

Senators Warn Bill Could Spike Gas $1.50 to $5 a Gallon
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Old 05-16-2008   #4 (permalink)
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its going to take some kind of movement from the people to stop this freight train....something major. Hmmmmmmm, we havent had any riots in a while
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Old 05-16-2008   #5 (permalink)
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I'm buying a bicycle!
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Old 05-16-2008   #6 (permalink)
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duplicate thread, though with the way OPEC is treating us, and EXXOM, MOBIL SHELL CHEVRON BP etc. we should F**** Nuke them all!
$5 is ALL is takes to get a barrel of oil out of the ground in Saudi
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Old 05-16-2008   #7 (permalink)
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Quote:
Originally Posted by capncalyx View Post
its going to take some kind of movement from the people to stop this freight train....something major. Hmmmmmmm, we havent had any riots in a while
Nor have we had any good plagues.
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Old 05-16-2008   #8 (permalink)
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If gas hits $5 per gallon. You just might see me buzzing by on a 49cc moped
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Old 05-16-2008   #9 (permalink)
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Quote:
Originally Posted by sdbrit68 View Post
thisn is getting out of hand

if memory serves, isnt there a large deposit of oil buried under russia that is just difficult to get too ?

maybe its time we teamed up and helped them excavate it for a reduced price on oil
Just as a point to consider.. If you were sitting on a large deposit of oil that everyone wanted, and it became more valuable each day.. Would you be in a hurry to dig it up now when next week its worth that much more?

Its a limited resource, the longer they hold it, the more valuable it becomes.. Probably has something to do with Saudi Arabia telling Bush today, no thanks.. We don't wanna increase production.

Once they use up their supply, they lose their influence in the world... lots of ramifications to think of.
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Old 05-16-2008   #10 (permalink)
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Riding my motorcycle is far less just for pleasure anymore. I already told my wife that, because of the prices, I consider the cycle is now my primary mode of transportation will only use the car when absolutely necessary. It's now all about the math - 48 mpg vs. 28 mpg.

A couple of days ago, I went to get a some groceries and still took the cycle. Fit what I could into the backpack and just balanced the remaining bag in my lap.
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Old 05-16-2008   #11 (permalink)
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Riding my motorcycle is far less just for pleasure anymore. I already told my wife that, because of the prices, I consider the cycle is now my primary mode of transportation will only use the car when absolutely necessary. It's now all about the math - 48 mpg vs. 28 mpg.

A couple of days ago, I went to get a some groceries and still took the cycle. Fit what I could into the backpack and just balanced the remaining bag in my lap.
That's why I got extra large saddle bags for my bike.
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Old 05-16-2008   #12 (permalink)
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Cargo collars are on my immediate shopping list now. Need a little bit longer for the so-desired saddlebags/luggage.
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Old 05-16-2008   #13 (permalink)
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Did no one ever stop to think that maybe the price of gas is so high because people in America are only recently starting to change their driving habits? Or because no new refineries have been built since the 70's? Or because China and India keep demanding more and more energy as their economies start to come online? Or what about the fact that there are simply more people in the US than ever before and they all demand energy. No nuclear power plants have been built recently, same with coal. Everyone is afraid of both for some strange uneducated reason. That just leave natural gas.

Also, you can blame the Saudi's all you want but most of our oil doesn't even come from the middle east. The majority of imported oil comes from our neighbors to the north and the south.

Also, we have plenty of oil on our own lands but the enviromental wacko's wont let us drill for any of it in Alaska or the peoples republic of Kalifornia. Not that it would matter much anyways because we still don't have the refining capacity to bring the price down.

Quote:
Originally Posted by V2K_CCTX
$5 is ALL is takes to get a barrel of oil out of the ground in Saudi
mmk... how much does it cost to take that barrel, pipe it to the shipyard where it's then loaded on a tanker, sailed halfway around the world, unloaded, piped to a refinery, undergoes several processes, piped back into tanks, unloaded onto trucks, driven to your gas station, taxed heavily, and then sold to you?
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Old 05-16-2008   #14 (permalink)
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It doesnt cost 3.99 gal for gas.........
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Old 05-16-2008   #15 (permalink)
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It doesnt cost 3.99 gal for gas.........
And you came to this conclusion how?
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Old 05-16-2008   #16 (permalink)
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Originally Posted by Connman View Post
$5.00+ by the end of Summer.
They said that last year about $4 a gallon. That's only just now getting to that point in some places (it's still at $3.89 for regular here). I don't see it going over $4.29 a gallon this season except in a few stations where the high volume creates enough demand for it.
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Old 05-16-2008   #17 (permalink)
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Quote:
Originally Posted by 87handmedown View Post
Did no one ever stop to think that maybe the price of gas is so high because people in America are only recently starting to change their driving habits? Or because no new refineries have been built since the 70's? Or because China and India keep demanding more and more energy as their economies start to come online?
We touched on this a bit in the other thread, not here :}

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Also, we have plenty of oil on our own lands but the enviromental wacko's wont let us drill for any of it in Alaska or the peoples republic of Kalifornia. Not that it would matter much anyways
Being one of the environmental wackos... it wouldn't do ay good, your right. But for a different reason.. The amount of oil available would hardly make a dent in one day of consumtion, and would take years to come online... I fully expect all the available oil to be used, but wackos like me can't calmly sit and watch as corporations tear up landscapes and habitats that have been formed over the ages, for the sake of padding their pockets.. If it was a choice of humanity surviving and the deer being happy.. Hey.. Survival has to have precedence.. But man will be here regardless.. Taking the short term easy way out, and doing long term damage to many other species... that just doesn't balance to me :} soo.. If reverance for life makes me a wacko.. I accept :}

And I can't comment on production costs.. Way out of my leve of knowledge
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Old 05-16-2008   #18 (permalink)
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And you came to this conclusion how?
Look at oil companies profits?

On a side note: 93 Octane at my local Shell station is $4.20 per gallon.
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Old 05-16-2008   #19 (permalink)
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OPEC is an oil cartel. In our traditional economics, cartels are illegal, but OPEC is international. If you really want to do something about it, develop alternate fuels, and I'm talking about realistic alternatives, not ethanol or some **** like that. (Alternatives incl. Biodiesel, Electric, or some combination of both or whatever)

If we had imposed say... a 50 cents, or even $1 tax on each gallon of gas (Gas still would have been cheaper than it is today), and then sent all that revenue towards developing and building the infrastructure to use biofuels, then we wouldn't be having these high gas prices now, because oil would be in competition with the alternative fuels... hell, we might even be off oil by now, and we wouldn't rely so much on the middle east. We would also be more self sufficient, and would in general have more power in the world.
Furthermore, we would be putting out less greenhouse gasses.

Of course, having the courage to encourage a $.50 - $1 tax on oil is a risky proposition which requires long term thinking. It takes a strong politician to do this, but more importantly, it requires Americans to accept a temporary price increase for huge long term gain.
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Old 05-16-2008   #20 (permalink)
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I guess it makes perfect sense to "TAX" people to fund research for private enterprise who will then be making even more profit when they sell the power back to us.
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