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10-07-2012, 03:28 PM
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#11
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Join Date: Aug 2011
Location: Fort Wayne,IN
Posts: 3,273
Liked 571 Times on 353 Posts Likes Given: 260
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The reason for the sudden spike and shortages on the left coast is due to refinery fires in CA...put a serious damper on production. Less supply and equal demand the price IS going to surge. Its NOT a conspiracy at all. (this time)
__________________
"Those that would trade essential liberty for temporary security deserve neither liberty nor security." - Benjammin Franklin
The 1911: Turning useless trash into good fertilizer for over 100 years!!
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10-07-2012, 04:14 PM
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#12
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Kostriker
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Join Date: Jan 2009
Location: Albuquerque
Posts: 4,273
Liked 540 Times on 311 Posts Likes Given: 999
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Besides the fires, they were also pointing to the lefty push on strict environmental laws in California, modification of refineries on pollution.
Where I am at I pay 3.87 a gallon for the premium, which 91 octane level. I ran the lower versions in the vehicle and that lower octane level was crap!
http://www.foxnews.com/us/2012/10/07/nearly-1000-gallons-stolen-from-california-gas-station-amid-record-prices/
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10-07-2012, 04:21 PM
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#13
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Crazy as an outhouse Rat!
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Join Date: Aug 2011
Location: South of crazy, and North of sane! Somewhere in Texas!
Posts: 11,379
Liked 4931 Times on 2969 Posts Likes Given: 13043
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$3.55 a gallon here for regular unleaded. price has dropped a little over the last couple of weeks. not much, but better than it rising.
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10-07-2012, 05:03 PM
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#14
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Join Date: Apr 2007
Location: Rochester, NY
Posts: 6,973
Liked 1300 Times on 659 Posts Likes Given: 151
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There's no gouging going on now (any more than there has been consistently, if there actually has been any). The rise of gas prices is matching the rise of price of food and other things.
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10-07-2012, 05:20 PM
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#15
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Crusty old fart
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Join Date: Nov 2011
Location: S.Maine
Posts: 436
Liked 152 Times on 86 Posts Likes Given: 103
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Quote:
Originally Posted by bkt
There's no gouging going on now (any more than there has been consistently, if there actually has been any). The rise of gas prices is matching the rise of price of food and other things.
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Yes unfortunately food and everything else is moved by diesel truck in this country and the cost of diesel in this part of the world is over $4.00 per/gal.
Of course there is always " Under my policies energy cost will necessarily skyrocket!" high energy cost equals high everything else!
I believe I heard some obscure unknown Senator say that way back in 2007.
I'm just saying.
I do agree I don't think its price gouging.
__________________
The price of freedom is eternal vigilance.
Last edited by Pasquanel; 10-07-2012 at 05:23 PM.
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10-07-2012, 05:21 PM
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#16
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Join Date: Aug 2012
Location: The greatest country in the world, Texas!
Posts: 581
Liked 194 Times on 137 Posts Likes Given: 82
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It's $3.60 here in OK. Down a few cents from last week. Ridiculous anyway you look at it. That's why I am seriously looking to put a CNG kit on my next new car. Costs quite a bit upfront but with natural gas costing about 20-50% of what gasoline costs it can pay back in a few years.
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10-07-2012, 05:33 PM
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#17
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Join Date: Sep 2011
Posts: 211
Liked 83 Times on 49 Posts Likes Given: 117
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Friday, gas was $4.89 in my area(southern Shasta county, CA) havent been back to town since to see how much more it is this weekend.
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Keep your powder dry boys.
Things are gonna get rough.
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10-07-2012, 06:23 PM
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#18
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Join Date: Dec 2011
Posts: 531
Liked 66 Times on 48 Posts Likes Given: 5
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Quote:
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Originally Posted by trip286
Do you know how much the government and oil companies make in profit? Last I checked, fed was actually profiting more than the companies that produce it. 2004ish.
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That's still true. There is a lot of talk about oil industry profit. For the most part the margins remain the same. As the price is higher on the market the $$ amounts are higher but the percent is still the same.
The govt operates more or less the same way. The higher the price the more they make.
Between refining regulations and taxes, a lot of what we see at the pump goes to the govt.
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10-07-2012, 06:37 PM
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#19
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Join Date: Jan 2009
Location: North Florida
Posts: 2,420
Liked 601 Times on 406 Posts Likes Given: 138
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The oil companies would rather have Romney in power than Obama. The higher gasoline prices go, the more the voters will blame Obama for it. For the oil companies, it is a win-win situation.
I predicted, a year ago, that gasoline would be between 4 and 5 dollars a gallon by the end of October, for that very reason
__________________
"It is better to be too skeptical then too credulous"
Carl Sagan
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10-07-2012, 07:08 PM
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#20
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I'd rather my own son see me die on my feet as a free man, than watch him go, broken, into slavery.
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Join Date: Feb 2011
Location: West, by God, Funroe,Louisiana
Posts: 14,098
Liked 4290 Times on 2579 Posts Likes Given: 46
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Oh just quit already. Obama freaking admitted that his policies would drive energy costs through the roof, and your still keeping this up? You've crossed the line a long time ago of defending your chosen candidate and have gone into just making yourself look bad.
The same thing I told someone else regarding Islam, your defending something that is indefensible. Just give it up already. Now your just being silly.
__________________
Come if you must, but only if you must. For the day you find yourself upon my step, will surely be the night you find peace along Jordan's edge.
I firmly believe that any man's finest hour, the greatest fulfillement of all that he holds dear, is that moment when he has worked his heart out in a good cause, and lies exhausted on the field of battle... Victorious.
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
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