Hey its only 2.90 here in phoenix

 

I filled up Thursday at 2.29. Saturday morning it was 2.35 at the same gas station. Saw a few 2.50's in Austin yesterday as well.

 

In Idaho its 2.859 - 2.959 for fuel...

Just think of it this way... Move the decimal over (right) one place and that is the price of 10 gallons of fuel...

So 10 gallons is... 28.59 - 29.59... Ughhh...

 

We belly laughed when England and Europe was bitchin' about $4/gal fuels. That was when oil was $10/bbl. We've finally joined the rest of the world. Only exceptions are the oil producing countries of Mexico and Venezuela, where prices are kept low by government edict.

The latest highway bill just signed, with the tax breaks for the major oil companies designed to spur additional drilling in the USA, do you think it will happen?

Good article to view http://www.economist.com/agenda/Prin...ory_ID=4268274

 

I don't think the tax breaks will spur new drilling but will allow the use of newer technologies to recover oil in existing wells that weren't economical beforehand.
It's still just a band-aid short term fix though, petroleum is a finite resource that is bound to become uneconomical to extract. The only real solution is to develop energy from renewable sources.

 

i know fuel here in alabama isnt as high as other places,but,i bought my first diesel pickup 2 years and 6 months ago.diesel was 1.26 gallon then.now its hit 2.53 gallon...the price has doubled in just 2.5 years!...........all the talk about supply demand,refinineries and such,,bull,,,,if the big companies werent posting record profits every quarter,then it might hold water.but as it is,if they are making more and more profit every quarter,then you are getting it in the rear.plain and simple.we all fully expect prices to go up,but not at this rate,its profiteering,plain and simple,,,,,,,,,,,,,,,,bama

 

Well everyone I just paid 87 cents a litre or $3.29 Cdn or ~ $2.63 US for a USD gallon. ($90.00 CDn ~ $72.00 USD) for 3/4 tank.

Gas is running $1.04 Litre or $3.93 C or $3.14 USD.

The best price was at the local Husky station and the next best at Flying J - about 1/2 cent more expensive.

BTW, VP Cheney is visting the Alberta Tar sands next week to scout out the oil.

I wonder if Canada, should charge extra tarrif on oil to the US until the US pays the $4B in illegal softwood tarrifs owed to Canada. Of course this would be unfair for the avearge US person to pay for Government policy.......

Oh well oil will go up and we will drive. How far, who knows

Take care
Regards

 

i was in wally world this morning and diesel was cheaper then gas.only 2 cents but still cheaper.239.9 for diesel and 241.9 for regular

 

I wouldn't hold your breath for the US to make good on any of the "promises" or other monies owed to foreign counrties. (let us find out there is oil in Canada and there might be a new occupation in the works).
We do what we want, when we want, to whomever we want to, then sit back and wonder why most of the world HATES us?

Simple fact is that we easily forget history and what we have done to our fellow HUMANS, because up until now, we have been allowed to........

 

I drive a Freightliner Columbia at work . The other day I was fueling and the pump cut out at only $400 before the tanks were full .

 

Yea, my Amex cuts off at $80.00 at the Flying Js. I stopped at some other station - cannot remeber the name - and it ciut of at 50.00. A real pain in the butt.

cheers f

 

What? Yeah, right. The ex-CEO of Halliburton didn't know about the 2nd largest oil reserve outside of Saudi?

 

Actually, the tar sands is claimed to be the largest deposit of oil anywhere. It just costs like "heck" to extract the crude from the sand. And, it is not light sweet crude.

And, we still import oil from the middle east for the eastern part of the country because it is "cheaper" to ship it in than send it across country. Would you beleive it ....

Info

http://www.answers.com/topic/athabasca-oil-sands

It is estimated that the Athabasca Oil Sands deposit contains 174.5 billion barrels (28 kmĀ³) of oil. This is as much as one third of the world's total oil deposits (a similar amount is in the Venezuelan Orinoco tar sands field). Current production from Athabasca deposits yields over 155,000 barrels (25,000 mĀ³) of oil per day with an increase to 280,000 barrels (45,000 mĀ³) per day by 2010 at a cost of $4,000,000,000 expected. This is still just a fraction of the 84 million barrels (13,000,000 mĀ³) of oil produced daily around the world.

Although not proven, and not even considered within the oil industry, according to the Alberta Energy and Utilities Board, the Athabasca tar sands is the largest oil deposit in the world, with a claimed estimation of 1.6 trillion barrels (254 kmĀ³) of oil, of which at most 315 billion barrels (50 kmĀ³) are claimed to be recoverable by the oil companies given current technology. Syncrude

http://www.syncrude.com/who_we_are/01_06.html , one of the oil companies involved in mining the tar sands, states that the entire tar sand deposit is twice the size of Lake Ontario. It is estimated the Venezuelan Orinoco tar sands deposit is slightly larger than Athabasca (see tar sands article). See [1] (http://www.energybulletin.net/4385.html) for more accurate estimations of about 174.5 billion barrels (28 kmĀ³).



cheers

 

I don't know how much the tar sands will help considering how much energy it takes to recover the oil but one thing I know for sure is I wouldn't want to live by the mining area.
I drove though the heart of the area in a trip though Alberta a few weeks ago. The land was torn up and black as far as you could see with ten story shovels lining the horizon. The rivers I crossed in the area were running black...

 

One day, and it won't be long, and we will let the Arabs drink their oil while we live, self-sustained, on what we produce. Have faith in the USA; we will overcome.