View Full Version : Why is gas so damn high?!
MC_jr
05-11-2004, 07:40 PM
Its never been a really big problem for my area, but in the last week its jumped nearly 30cents. WTF is going on? I havent followed the news to closesly and everytime someone brings this up they all have different so called reason. Is there one certain reasons? Gas here just hit 2.00 for regular, I know thats cheaper then what some of you guys in california pay but its still a ton. Im afraid to go anywhere cause it cost me $5 in gas to get there and back, hardly worth it.
Supply and demand. They cut gas production driving the price per gallon up. ;)
Down here even the cheap shit is 2.20. Fuck before I went to work it was 2.15 after I got off it changed again. I swear it's time to trade the truck in and get a Toyota Prius.
ShadyMilkman
05-12-2004, 02:23 AM
Just wait kids... it's only gonna get worse as we grow older. Petrolium fuels will be primarily phased out within our lifetimes so it's going to be an interesting ride...
The Steve
05-12-2004, 01:30 PM
Number one reason the prices go up this time of year is to make up for the lack of heating oil money that is lost when people do not use it to heat up their houses or in other words people do not use as much of the other petroleum based refinery products during the summer months and that forces them to raise the one that does make money during summer. That is the truth you won't hear because they don't want to let you in on how they keep their profits the same all year. It is not supply and demand. It is all about keeping the $$ consistently coming in all year.
SAiNTVrs
05-12-2004, 02:19 PM
Steve, where u get that info, thats pretty interesting.
Number one reason the prices go up this time of year is to make up for the lack of heating oil money that is lost when people do not use it to heat up their houses or in other words people do not use as much of the other petroleum based refinery products during the summer months and that forces them to raise the one that does make money during summer. That is the truth you won't hear because they don't want to let you in on how they keep their profits the same all year. It is not supply and demand. It is all about keeping the $$ consistently coming in all year.
Uhhhh, what you just described is the 'supply and demand' effect. The only unfortunate thing is the petrol companies have too much control over the market. It needs some kind of federal regulation.
syntax
05-12-2004, 02:47 PM
Number one reason the prices go up this time of year is to make up for the lack of heating oil money that is lost when people do not use it to heat up their houses or in other words people do not use as much of the other petroleum based refinery products during the summer months and that forces them to raise the one that does make money during summer. That is the truth you won't hear because they don't want to let you in on how they keep their profits the same all year. It is not supply and demand. It is all about keeping the $$ consistently coming in all year.
that's the best explanation i've heard of the whole damn situation. go figure, greedy bastards behind it. true or not, still greedy bastards are behind it getting their cut.
I think I'm going to trade my truck in for that new, Toyota Prius.
dero84
05-12-2004, 03:09 PM
2.41 a gallon for 91 is ghey, I reccomend running lots of marvel mystery oil with your gas as it is cheaper than gas and is a good lubricant. somebody told me resetting the ecu after you get gas gets you better gas milage? Even drivin a CRX is killin my pockets with these lame gas prices...
mitsueclipse725
05-12-2004, 03:34 PM
the main reason gas prices have risen is because of the damn liberals. the liberals have made such a big deal about the conflict in the middle east and the "danger" that the oil supply will be cut off that prices are shooting through the roof. my .02.
ShadyMilkman
05-12-2004, 05:59 PM
Uhhhh, what you just described is the 'supply and demand' effect. The only unfortunate thing is the petrol companies have too much control over the market. It needs some kind of federal regulation.
First off, we can't federally regulate something that doesn't come from us. *cough* unless you take it from someone else and make it yours. *cough*
Secondly, Liberals are not the cause of the world's problems; Conservatives are not the cause of the world's problems. People that don't know what the fuck they're talking about and don't take the time to find out yet make broad assumptions anyway (yes that means you slick) are the cause of the world's problems (Oh, that and pissed off desert folk with too much pride and skewed beliefs on how human existance should worK).
First off, we can't federally regulate something that doesn't come from us. *cough* unless you take it from someone else and make it yours. *cough*
Already been done. Washington has imposed federal regulations mostly designed to make gas cleaner-burning. As far as price, you're probably right. Especially since the government reaps the benefits with the gas tax.
The Steve
05-13-2004, 06:06 AM
Nino- When anyone talks of supply and demand referring to oil usage they say the price is going up due to increased demand. What I explained is the exact opposite. Prices go up when demand drops because these companies want to keep making the same amount of money. They feed us the line of supply and demand because well honestly we are all gullible enough to belive it.
on the second note. Of course the oil companies have control of the market. Thats business plain and simple. It is the goal of any business to be able to control cost vs sell. If you can do that effectively a business will succeed. They are dam good at it. Whether you like it or not thats how the game is played.
lastly I have a family member who works for an unnamed oil company and he tells it straight.
The Steve
05-13-2004, 06:08 AM
Already been done. Washington has imposed federal regulations mostly designed to make gas cleaner-burning. As far as price, you're probably right. Especially since the government reaps the benefits with the gas tax.
Sorry to burst your bubble but the cleaner burning gas applies to american refineries. the regulations remain enforceable only to US companies.
And No one can blame liberals or conservatives. all are at fault to some extent. Thats life deal with it and stop passing blame. Then maybe they will all work together to get this crap fixed!
i dont know why everyone is pissing bout the gas prices...iwhen i moved back from germany last november i was frekin happy to pay such cheep prices...and i still am.
over there its 1 euro a liter..or about $4USD a gal. ya the guys that had trucks were piss that they shiped them over...
91LudeSi
05-13-2004, 09:35 PM
glad i drive 2 pos hondas
Every one who has gas under 2.20 for 87, can't say shit.
P-P-Puddin Head
05-13-2004, 10:03 PM
Hehehe...it just started costing over $2/gal here......
For PREMIUM 93 OCTANE!!!
Nino- When anyone talks of supply and demand referring to oil usage they say the price is going up due to increased demand. What I explained is the exact opposite. Prices go up when demand drops because these companies want to keep making the same amount of money. They feed us the line of supply and demand because well honestly we are all gullible enough to belive it. Exactly; what you were talking about was a company trying to equalize their TCO (or total cost of overhead for those who don't know), which is usually determined from, you guessed it, either monthly (rare), seasonly (also known as quarterly which is the most common method) or annual reports and analyses (and no I don't mean analysis)... This would explain why they charge more during the summer and less in the winter, as Steve said the companies are trying to make up for lost wages because of less consumer use of a product, not the opposite which would be raising prices due to increased demand. Listen to Steve, he knows what he's talking about.
the main reason gas prices have risen is because of the damn liberals. the liberals have made such a big deal about the conflict in the middle east and the "danger" that the oil supply will be cut off that prices are shooting through the roof. my .02. If you were reading the rest of the thread it was clearly placed before you, I don't know if you're trying to get in good with the conservatives of this board, but please take LT's advice... I can't stand highschool fuck sticks who don't even know the difference between being a liberal or a conservative but still manage to take sides.
Especially since the government reaps the benefits with the gas tax.
Just be glad that we have internal regulations and a system of checks and balances for products and services that are offered domestically (including goods that come from overseas)... Trust me we could be as bad as Europe where gas is charged by the liter, coming to the fine conclusion of around $5 USD for a gallon of gas.
I don't know about you but I'm glad that cartels are outlawed in the US...
And yeah, what Asad said in post #20 :thumbup
max_misawa
05-14-2004, 06:42 AM
The oil industry was regulated until a few years ago.
Just like the utility companies.
"de-regulation will lower prices for the consumer"
And all the stupid fucks in this contry fell for it.
The bottom line is MONEY and all companies want to make more of it!
Max
Well for us california's we get screwed. Cause we can only supply our own gas, the 91 octane crap.
You want to know why its so high? Screw your macroecon crap, some fat white dudes want to get richer.
ya and all the eco fucks wanting more regulations...and the oil co. passing the buck and then some on to us...
Moloko
05-14-2004, 11:25 AM
Gas just hit 1.93 for 87 here in PA. Time to buy that diesel rabbit..
Big Chris
05-15-2004, 09:07 AM
well for the tahoe it cost me about 50 to fill it up and thats only because i fill it up when i have about a 1/4 tank left and i fill that up at costco, but no matter how high the gas goes im not going to get rid of it. SOULUTION TO MY GAS PRICE i got myself another crx and now i have no problem putting gas in it. I also have been looking into a pirus because i think its pretty good and the govt offers you 2k if you actually buy one, its because you got a green thumb.
Please 2.20 is cheap for 87 when i was in HS it was at one point only 1.25 so its going to keep going up like everything else so its no surprise
ideaz
05-15-2004, 01:27 PM
well for the tahoe it cost me about 50 to fill it up and thats only because i fill it up when i have about a 1/4 tank left and i fill that up at costco, but no matter how high the gas goes im not going to get rid of it. SOULUTION TO MY GAS PRICE i got myself another crx and now i have no problem putting gas in it. I also have been looking into a pirus because i think its pretty good and the govt offers you 2k if you actually buy one, its because you got a green thumb.
Please 2.20 is cheap for 87 when i was in HS it was at one point only 1.25 so its going to keep going up like everything else so its no surprise
yeah, i remember when gas was 0.99 for the 87 like 5 years ago
Fenrir
05-15-2004, 01:39 PM
Go to www.google.com
do a search for "Peak oil"
Get creeped out. <_< One guy predicted in 1959 that America would peak it's reserves and have a crisis in 1970 and....well, we all know what happened. Same guy also said the world reserves should last until they peak at 2010 to which it then would be on a steady decline. Indicators of the dire situation would be U.S. invasions of oil producing countries *cough* and, most importantly, price gouging of existing reserves before they go into a decline.
Or you can just not give a fuck and learn to deal with it. Whether I'm driving a car in 10 years at $4 a gallon or riding horseback I'm sure we'll all find a way. As for now; it sucks ass but that's how it goes. OPEC sucks, President Bush stocking up a reserve with bought barrels sucks, the middle eastern situation sucks......
It's a very real problem and it's here to stay.
Project_Lude
05-15-2004, 09:06 PM
I'm payin asbout 1.9 for 91 octane
Gas is still %30 cheaper than it's peak price in the U.S. if inflation is considered.
SexXxYrac3rgirl
05-19-2004, 12:59 PM
sho0t.....here in fairfield, gas is $2.54
williams
05-19-2004, 01:34 PM
Or you can just not give a fuck and learn to deal with it. Whether I'm driving a car in 10 years at $4 a gallon or riding horseback I'm sure we'll all find a way. As for now; it sucks ass but that's how it goes. OPEC sucks, President Bush stocking up a reserve with bought barrels sucks, the middle eastern situation sucks......
It's a very real problem and it's here to stay.
Please show me any evidence that states Bush is bringing oil to the U.S., because I'd like to see this. Better yet, even some evidence that he has "bought barrels". I'd like to see both if you can prove it. Thank you.
The Steve
05-19-2004, 02:15 PM
Please show me any evidence that states Bush is bringing oil to the U.S., because I'd like to see this. Better yet, even some evidence that he has "bought barrels". I'd like to see both if you can prove it. Thank you.
It is common knowledge that the US has an emergency stock of barrels which is stored in a cave in Utah. It is only for emergency purposes and that is why Bush does not want to use it. Clinton tapped into it to try and do what everyone else is saying to bring prices down. It did not change them at all. That theory does not work. Fenir is right when he said they are stock piling barrels however we have been doing it as a country for many years therefore it is not Bush.
Dystopia
05-19-2004, 04:04 PM
ist 2.23 here for regular
ShadyMilkman
05-19-2004, 05:22 PM
87 is $2.46 here... This is bullshit.
Mr Rogers
05-19-2004, 09:47 PM
I'm getting a bike tommorow. ahahaha
G_Fish240
05-19-2004, 10:54 PM
I don't know about you but I'm glad that cartels are outlawed in the US...
And yeah, what Asad said in post #20 :thumbup
OPEC is a cartel that controls the Oil Prices in the USA and around the world, so i guess it really isnt outlawed.....
333racer
05-20-2004, 06:32 PM
i guess i should be happy 87 is still at 2.03
Fenrir
05-20-2004, 07:42 PM
Umm...yea, Bush is doing it.
It's always been our countries policy but Bush is stockpiling an EXCESS amount compared to what we have been doing; something along the lines of 1.8x the amount we've always been doing. WIth barrel prices soaring in at around $44 a pop it doens't make sense to start stockpiling.
But he's the pres and I'm me so, again, whatever happens happens. :angel:
I don't see any catastrophic emergency that requires tapping the US Strategic reserves.
Am i the only one here that thinks higher gass(not desiel) prices are good?
Higher gas prices=less driving due to less money to put into gass=less cars on the road=less traffic which also = less polution.
spry0z
05-21-2004, 06:29 AM
update... 2.49 for 91 octane. =(
rocesm12
05-21-2004, 01:42 PM
92 cents a liter for us canadians. thank god i dont have my old buick anymore, id have to claim bankruptcy
I don't see any catastrophic emergency that requires tapping the US Strategic reserves.
How about a terrorist attack? September 11th gas stations/companies were doubling gas prices and we were able to use that reserve to protect us. Bush is smart for not going into those reserves. We are paying %30 less than the peak gas prices of all time in this country when adjusted for inflation. Instead of tapping into reserves, a few weeks ago Bush spoke with the Saudis and discussed gas prices and pressuring OPEC to raise production. Today the Saudis announced they are going to release more oil and pressure OPEC to raise production. Barrel prices already started to drop slightly thanks to the news. I like gas prices low as the next guy does, but I would rather pay a shade more now and still have oil if there is a real emergency.
To get more exact, barrel prices have fallen almost $2 per barrel since Monday. Also, a few years back near the beginning of Bush's presidency, he pushed along with other Republicans to explore and drill more U.S. lands (god I wish i could remember the name of the place at this moment) for oil that are available and Democrats like John Kerry voted against these.
And if you think Oil prices are going to go down if Bush isn't president, think again. Kerry's party isn't exactly the one that supports Americans using oil and also for us car enthusiasts, their pressure regarding smog regulations aren't very conductive to us.
Fast2Seater
05-21-2004, 09:42 PM
To get more exact, barrel prices have fallen almost $2 per barrel since Monday. Also, a few years back near the beginning of Bush's presidency, he pushed along with other Republicans to explore and drill more U.S. lands (god I wish i could remember the name of the place at this moment) for oil that are available and Democrats like John Kerry voted against these.
Yeah, some place up in Alaska. All the wildlife geeks were all up in arms because of potential damage to the area. Oh well.....
Yeah, some place up in Alaska. All the wildlife geeks were all up in arms because of potential damage to the area. Oh well.....
True, that's one of the places, though there was another that I can't recall as well and tried to find the name of but had little luck. These wildlife fanatics keep raving about how we can't drill for oil on these lands. Keep in mind that our country probably has the cleanest oil drilling and processing of any country that does so. Considering this, if the environmentalists refuse to let us drill on our own land, it forces us to buy from other countries that do not have almost any restrictions on their own and in turn just hurt the environment somewhere else. I do remember Bush and the other Republicans pushing to expand oil drilling in Alaska about a year ago but was shot down by Democrats and activists groups.
New rule number 2: If you can't afford gas, then don't buy it, and shut up.
spry0z
05-22-2004, 02:26 PM
hahah. nice one.
Princess Bitch
05-22-2004, 09:15 PM
http://story.news.yahoo.com/news?tmpl=story&ncid=1756&e=1&u=/040517/480/caps10105171823
check out the gas sign in menlo park..funny as hell
Supermoves
05-26-2004, 10:00 PM
Down here in KC it's 2.09 a gallon. It's predicted it wil rise to 2.35 a gallon before Memorial Day.
Yeah it really pisses me off. I used to fill up from a 1/4 tank to full with only $20.00. Now it's $23.00 to fill up from a half tank to full. Just imagine if i had to fill from almost empty. It would be like over $40.00.
We definitely need to get rid of Bush this next election. :angry:
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