Fuel is $3.84/gal !!!!!
03-14-2008, 02:59 PM
#46
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IMO it is simply profit taking, the rest is BS sugar coating to make comsumers swallow it better.... 
Heard of any oil companies going broke? How about their stock prices? Dividends? Ever hear of Enron and the energy shortage crunch that evaporated when that company did?
Jim
Heard of any oil companies going broke? How about their stock prices? Dividends? Ever hear of Enron and the energy shortage crunch that evaporated when that company did?
Jim
03-14-2008, 04:29 PM
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The overall price of fuel on the rise is due primarily to nothing that is happening in the States. It is the dramatic rise of fuel usage in China and developing 3rd world countries that is putting a crunch on oil supplies. The cost of diesel in relation to the cost of gas is screwed up because of localized (statesides) fuel processing limitations. They ain't set up to make what the demand is. Also the federally mandated low sulpher requirements of modern diesel add to these processing linmitations.
If you are counting on biodiesel bailing us out of this perdicerment; forget it. Just with what we have seen in ethanol... our move toward ethanol production has not made a dent in gas prices, but sure has a dramatic effect on food prices. Expect the same with biodiesel.
If you are counting on biodiesel bailing us out of this perdicerment; forget it. Just with what we have seen in ethanol... our move toward ethanol production has not made a dent in gas prices, but sure has a dramatic effect on food prices. Expect the same with biodiesel.
03-14-2008, 07:18 PM
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here in san diego i think its 4.08.havnt filled up in a few weeks.i got a 1/4 tank left and im taking the girlfriend to mexico saturday for lobster tacos and a diesel fuel run.0.75 a liter i think.with mex auto insurance, the fuel to get there and back, i hope it will be worth it.anyone in cal, arizona, nm, or texas doing this?
03-14-2008, 08:32 PM
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All currency is related right? The US dollar is representative of a certain piece of Gold. Our dollar falls is shown as the cost of gold increasing, each US dollar buys less and less gold.... while the Euro still buys the same amount of gold it did a year ago, so does the Canadian Dollar, and the Pound.
The Pound is 1.55 to 1 USD. Oil is a commodity just like Gold- when the item you are paying with has less value, you need more of it to get the same thing...costs go up. The latest hikes making $4.00 a gallon is because the US Dollar dropped in value again! You have to look at all the facts before you make an educated decision- if you're not looking at all the facts, your decision is uneducated. People are like sheep (and commonly referred to as such) They are in general lazy (too lazy to put the effort in to really analyze and understand a situation) and follow the one who bleets the loudest. "Oil Companies are greedy, look how much money they took in" is an uneducated statement because the facts are not reflected and it's the loudest thing you hear now, when the ever popular "Bush lied, people died" chant isn't being pandered.
Tate- in the past year since the Alberta Royalty increase the US dollar has decreased in value substantially and the Canadian has strengthened in relation, so the value of the oil in the tar sands has increased- it's not such a large royalty increase after the fact, and with the world demand for oil increasing collecting the tar sands is more profitable. They're even gasifying coal tailings in PA because it's NOW cost effective.
When you have people that think a certain company or companies are making too much profit that simply becomes wealth redistribution- the belief that everyone should have enough to get by and if you have more than that you should give it to those who do not. That's what Obama plans to do if elected for those who make more than $80K a year, take some of your income and give it to those who make less than you. In any other country we'd call that Socialism or Communism.... in this country we pretend it's helping the middle class and call it right and just keep complaining about the cost of gasoline.....
The Pound is 1.55 to 1 USD. Oil is a commodity just like Gold- when the item you are paying with has less value, you need more of it to get the same thing...costs go up. The latest hikes making $4.00 a gallon is because the US Dollar dropped in value again! You have to look at all the facts before you make an educated decision- if you're not looking at all the facts, your decision is uneducated. People are like sheep (and commonly referred to as such) They are in general lazy (too lazy to put the effort in to really analyze and understand a situation) and follow the one who bleets the loudest. "Oil Companies are greedy, look how much money they took in" is an uneducated statement because the facts are not reflected and it's the loudest thing you hear now, when the ever popular "Bush lied, people died" chant isn't being pandered.
Tate- in the past year since the Alberta Royalty increase the US dollar has decreased in value substantially and the Canadian has strengthened in relation, so the value of the oil in the tar sands has increased- it's not such a large royalty increase after the fact, and with the world demand for oil increasing collecting the tar sands is more profitable. They're even gasifying coal tailings in PA because it's NOW cost effective.
When you have people that think a certain company or companies are making too much profit that simply becomes wealth redistribution- the belief that everyone should have enough to get by and if you have more than that you should give it to those who do not. That's what Obama plans to do if elected for those who make more than $80K a year, take some of your income and give it to those who make less than you. In any other country we'd call that Socialism or Communism.... in this country we pretend it's helping the middle class and call it right and just keep complaining about the cost of gasoline.....
The overall price of fuel on the rise is due primarily to nothing that is happening in the States. It is the dramatic rise of fuel usage in China and developing 3rd world countries that is putting a crunch on oil supplies. The cost of diesel in relation to the cost of gas is screwed up because of localized (statesides) fuel processing limitations. They ain't set up to make what the demand is. Also the federally mandated low sulpher requirements of modern diesel add to these processing linmitations.
If you are counting on biodiesel bailing us out of this perdicerment; forget it. Just with what we have seen in ethanol... our move toward ethanol production has not made a dent in gas prices, but sure has a dramatic effect on food prices. Expect the same with biodiesel.
If you are counting on biodiesel bailing us out of this perdicerment; forget it. Just with what we have seen in ethanol... our move toward ethanol production has not made a dent in gas prices, but sure has a dramatic effect on food prices. Expect the same with biodiesel.
Finally some people who understand a thing about this situation....like i have said in ALL of my posts related to this topic....there are MORE issues than just simple greedy price increases by oil companies....
like i said i could explain some more of how i feel it is going, but the above two people hit two of the reasons RIGHT ON THE HEAD....CHINA IS KILLING US...that is one major reason, they are sucking up oil so fast that it puts a huge strain on the world market...but they dont care because thier ecomony unlike ours is BOOMING and they can afford the prices they in reality are driving..another is the cost to refine this new ulsd (and that topic has MAJOR ISSUES wraped up in it) short verson, there is the cost to refine it as such (ulsd) then the assoicated costs with what do you do now with all this exsis sulfer you gotta ship it, store it, process it into something usefull (yea right) did you know there are what people call "SULFER MOUNTAINS" this is a situation becomming more and more serious in third world countries...look it up....oil companies are paying out the nose to have this sulfer shiped to third world countries and dumping it there causing a "mountain" of sulfer that just sits there..gotta pay off the countries, the shippers, etc, etc...all because we need to produce this ulsd....and envoiornmentalist and your neighborhood doesnt want to look at a sulfer mountain in there country side.
i love the fact someone understands the "GOLD STANDARD" that is hurting big time, but hey what do most care about it...rigth your dollar still buys something here...lol...lol people only care about the dollars value when you go else where, what they dont realize or care to pay enough attention to is that we IMPORT way more than we EXPORT now and weather we are here or in another country our dollar is now WEAK....
lastly....JUSTME----your killing me with that oboma insert....that is TO FUNNY and SO TRUE!!!!!!!!!!!!!!!!!!!!!!!!!!!! socialism and communism 101 here we come!!!!!!!!!!!!!!!!!!! lol
off the soap box....
NCA
03-15-2008, 12:41 PM
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Gees, here we go with the politics. Last time I checked Socialism and Communism were pretty different. I think a lot of us were trying to keep politics out of it because this is not the right forum for it, and according to some you the US has nothing to do with it.
China this and China that, sure they're buying a lot oil. But they just didn't start buying. They've been buying a lot, over the past several years. Not just this year. The fuel increase I'm talking about is the almost $2/gallon spike since May'07. A couple people here make it seem soooo complicated, that us laymans couldn't possibly understand.
Speaking of communism how does it feel to have China being the second largest holder in the US treasury debt at over $400 billion, second behind Japan at $600 Billion. Thanks "W" for selling us out and thanks a lot for the communist money that we're getting in May. Maybe I can go to Wallyworld and buy more cheap Chinese crap...or I could probably use it to fill up my truck.
China this and China that, sure they're buying a lot oil. But they just didn't start buying. They've been buying a lot, over the past several years. Not just this year. The fuel increase I'm talking about is the almost $2/gallon spike since May'07. A couple people here make it seem soooo complicated, that us laymans couldn't possibly understand.
Speaking of communism how does it feel to have China being the second largest holder in the US treasury debt at over $400 billion, second behind Japan at $600 Billion. Thanks "W" for selling us out and thanks a lot for the communist money that we're getting in May. Maybe I can go to Wallyworld and buy more cheap Chinese crap...or I could probably use it to fill up my truck.
03-15-2008, 09:28 PM
#56
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i love the fact someone understands the "GOLD STANDARD" that is hurting big time, but hey what do most care about it...rigth your dollar still buys something here...lol...lol people only care about the dollars value when you go else where, what they dont realize or care to pay enough attention to is that we IMPORT way more than we EXPORT now and weather we are here or in another country our dollar is now WEAK....
under a fiat currency, when you can tell the printers to print more money, and the spenders to spend more of it, you have complete control over the value of the currency.
If you were a wise investor you could potentially make billions from financial shell-games betting on a weak dollar.
The founders had very strong feelings about money and debt. They had seen other governments manipulate the value of currency to support projects the people would not allow. It is very much a hidden tax.
When the govt can manipulate the currency, it is no longer under the control of the people.
If you want to read more about this, check out the gentleman in my .sig
03-15-2008, 09:29 PM
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just made a thread about this...
1.27 a litre cost me 152.00 near empty tank. Oh well, still happy to drive my big truck
Sadly...it would have to be 3 times that to make me consider something smaller....
1.27 a litre cost me 152.00 near empty tank. Oh well, still happy to drive my big truck
Sadly...it would have to be 3 times that to make me consider something smaller....
03-17-2008, 09:39 AM
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If you want to make sure this never happens again we NEED to have the dollar pegged to a standard like gold. This was originally done to keep just this sort of thing from happening. Then we went to whats called a 'fiat' currency back in the 70's.
under a fiat currency, when you can tell the printers to print more money, and the spenders to spend more of it, you have complete control over the value of the currency.
If you were a wise investor you could potentially make billions from financial shell-games betting on a weak dollar.
The founders had very strong feelings about money and debt. They had seen other governments manipulate the value of currency to support projects the people would not allow. It is very much a hidden tax.
When the govt can manipulate the currency, it is no longer under the control of the people.
If you want to read more about this, check out the gentleman in my .sig
under a fiat currency, when you can tell the printers to print more money, and the spenders to spend more of it, you have complete control over the value of the currency.
If you were a wise investor you could potentially make billions from financial shell-games betting on a weak dollar.
The founders had very strong feelings about money and debt. They had seen other governments manipulate the value of currency to support projects the people would not allow. It is very much a hidden tax.
When the govt can manipulate the currency, it is no longer under the control of the people.
If you want to read more about this, check out the gentleman in my .sig
kawi...i love the fact that you support someone...but that guy is a WIERD'O...
smart as a whip and while he is WAYYYYYYYY out there with some of his ideas i think he is on to something with our economy...but again he is a little strange to hear talk and look at on TV..never really liked his debate skills....but back on topicfound it for 3.99 this weekend. most all other places 4.14-4.23
03-17-2008, 10:04 AM
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China this and China that, sure they're buying a lot oil. But they just didn't start buying. They've been buying a lot, over the past several years. Not just this year. The fuel increase I'm talking about is the almost $2/gallon spike since May'07. A couple people here make it seem soooo complicated, that us laymans couldn't possibly understand.
Speaking of communism how does it feel to have China being the second largest holder in the US treasury debt at over $400 billion, second behind Japan at $600 Billion. Thanks "W" for selling us out and thanks a lot for the communist money that we're getting in May. Maybe I can go to Wallyworld and buy more cheap Chinese crap...or I could probably use it to fill up my truck.
03-17-2008, 11:22 AM
#60
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kawi...i love the fact that you support someone...but that guy is a WIERD'O... smart as a whip and while he is WAYYYYYYYY out there with some of his ideas i think he is on to something with our economy...but again he is a little strange to hear talk and look at on TV..never really liked his debate skills....but back on topic
found it for 3.99 this weekend. most all other places 4.14-4.23
smart as a whip and while he is WAYYYYYYYY out there with some of his ideas i think he is on to something with our economy...but again he is a little strange to hear talk and look at on TV..never really liked his debate skills....but back on topicfound it for 3.99 this weekend. most all other places 4.14-4.23
I havent heard any other opinions except 'print more' and 'spend more'.
that sure wont get fuel back down to sane prices.
road fuel is bad enough but imagine each winter up north with 4.50 oil. OMG..
Its 4.15/gal here now.