Wednesday, March 16, 2011

Gas...how much is yours today?

Do you think he'll ever change his mind about drilling?  What will have to happen for him to?  Do you remember when he said high gasoline prices would be a good thing?  Do you feel that way?
geeeeeeeeeeeeeeeeZ

40 comments:

beamish said...

An insane $3.35 a gallon for regular unleaded here in St. Louis. $3.70 a gallon across the creek in Illinois.

Do I feed myself corn, or keep feeding corn to my car? Either way, the price is outrageous.

Anyone opposed to domestic and offshore drilling ought not bother running for President in 2012. The backlash against them will be fierce.

Always On Watch said...

The price of gasoline goes up every day here -- a higher price when I come home from work than when I left for work.

Insane.

At least my work commute is short: 5 miles each way -- typically in my little Hyundai, which, once filled up, stays fueled for weeks.

Of course, higher prices for gasoline result in the cost of goods going up, too. How much tighter can I draw my belt?

And don't even get me started on the cost of heating oil! I paid $1500 for my last oil bill (for 2 months to heat this small house during the 2 coldest winter months, with the thermostat set at 68 degrees).

Always On Watch said...

Um, how much fossil is BHO conserving with all his vacations and other doings?

Speedy G said...

Progressives often talk of "Sustainability" and of the Earth in a "Balance". But are they really being "progressive" in uttering these principlles/goals? Lazare Carnot, the father of the science of thermodynamics once stated, "If man wants to progress, he must create new forms of energy of greater and greater densities."

No greater PROGRESSIVE argument AGAINST green "sustainable" energy forms like solar and wind power was ever uttered. And no greater argument FOR nuclear power was ever made.

Common Sense said...

Have to have it so the price is a non-issue for me. Never think about it, sorry.

soapster said...

$3.54 in Minneapolis.

Recommended reading:

http://www.reformation.org/energy-non-crisis.html

Scotty said...

At least my work commute is short: 5 miles each way -- typically in my little Hyundai, which, once filled up, stays fueled for weeks.

Better use some type of fuel additive like, Sta-bil, or dry gas.

The joy of using gasolines tainted with ethonal is that the ethanol creates a lot of moisture in your tank and fuel system. Causing rust thus, damaging your fuel holding and delivery systems.

I strongly recommend EVERYBODY use a fuel stabilizer because of ethanol!!

Advice from your neighborhood, motor head/hot rod builder!

$3.57 Yesterday, here in Florida.

soapster said...

Worth mentioning as well that the oxygenated mandates will soon be kicking in as we move into the summer driving season.

The mandates always seem to cause a noticable spike as well and then drop around labor day when the mandate expires for the season.

Ducky's here said...

Taking the subway more and more. I take the occasional long drive but gas is running me about $40 a week.

Ducky's here said...

Don't worry Farmer, remember the 3 laws of thermodynamics:

1. You can't win

2. You can't break even.

3. You can't get out of the game.

FrogBurger said...

Glad I'm working from home.

He won't drill, he won't do nuclear. Hell the libs prevent you from having fireplaces in CA now b/c it creates fire and CO2 emission.

Plus Obama is too busy with golf and hoops these days. Gotta folloow March Madness you know and make sure he wins his bracket.

Because hopefully he'll get a big kick in the ass in 2012.

Z said...

At the hoity-toity station with full service in a nice area nearby, it's $4.50!!
I can still find it for mid $3.00s....but the traffic is MUCH LESS HERE the last week or two...

If you live in a high-traffic area, have you found your traffic less recently?
Actually, living here in L.A.,I'd pay a bit more for others to stay off the roads :-)

Z said...

BY the way, the Dems are not happy with Obama's inactions lately, too...did you hear?
I don't know what he's doing...I guess that bullying conference wore him out...and maybe he stayed up late at the Motown shindig....
And maybe the trainer he flies in from Chicago 3 times a week wears him out.
I don't think a president doesn't deserve serious R&R but, man, they blasted BUsh constantly for going to his TX ranch with Cabinet members and heads of state there, working most of the time....but he worked! This president's around but, what's he DOING?

http://news.yahoo.com/s/dailycaller/20110228/pl_dailycaller/obamafliesworkouttrainerouttodcoftenincreasescarbonfootprint

FrogBurger said...

The guy is a lazy butt and lacks total courage. HIllary should have won and we would have been better off with her b/c she has cojones while he should wear a tutu.

beamish said...

St. Louis gas prices usually sit at around the national average. We're a hub refinery for the Midwest straight off the tap from the pipeline coming up the Mississippi River. Gas is actually cheaper if you get away from the city (unless you cross over into Illinois to enjoy their crappy roads and higher taxes on gasoline to "fix" those roads)

The joy of using gasolines tainted with ethonal is that the ethanol creates a lot of moisture in your tank and fuel system. Causing rust thus, damaging your fuel holding and delivery systems.

Yep! And, the joys of pinhole leaks forming in the fuel line, spraying pressurised fuel onto the hot upper engine manifold to one day randomly blow you sky high...

Mustang said...

I can provide the breakdown in the cost of a gallon of gas, measured as a percentage of the total costs. Note that government taxation accounts for more than oil company costs. Naturally, crude oil is the lion’s share of the cost of each gallon of gasoline. The breakdown is as follows: Refining, 10.6%; marketing and transportation, 9.1%; taxes, 13%; and crude oil, 67%. Source: Energy Information Service.

The USA consumes 20 million barrels of oil per day, half of that in the form of gasoline used in cars and trucks. This is the cost of doing business. It is the cost we pay as citizens to travel to and from work, the cost of going to the market, or the additive cost of going to a movie. Some say that gasoline is the life’s blood of American economics. I think this is true.

The factors that go into the cost of crude oil include political stability, competition, demand, and inventory. The more there is of something, the cheaper it becomes. The more demand there is for something, the more expensive it becomes. This explains why the oil sheiks formed a cartel, and why they place tight controls on production. The less inventory, the more demand, the higher the price …

Air travel isn’t cheap, either. Why do Europeans and East Asians pay twice the amount we pay? I suspect the answer is that socialist governments levy higher taxes —to punish people for using the product. Another way of saying it is, to control how human beings behave, which is typical.

beamish said...

Geeez... I spoke too soon. Gas just spiked to $3.51 here.

[damn I shoulda filled up yesterday]

beamish said...

Mustang,

Isn't it funny how gas in the ground in tanks at the filling station can't stay the cheaper price they paid for it?

Shouldn't they change the price at the pump after a delivery, not willy-nilly between deliveries?

What exactly does the price of oil being sold in Saudi Arabia right now have to do with the already bought and refined gasoline in the ground at the filling station down the street?

I don't think anyone knows for sure.

Z said...

Mustang, and to think we financed the Sheiks' oil......You should have heard Mr. Z on THAT subject (or maybe you did!?)

Beamish, you make a very good point there...if the oil is already there at the filling station and they paid a certain price for it and mark it up, why mark it up again because the price of their next shipment will be higher?

The news is saying gas prices are dropping, Beamish, so if you're right about St Louis being the bellwether, what the......??

beamish said...

Price gouging while they can get away with it, I suspect.

beamish said...

I linked to this the other day, but it bears a looksee in this thread too:

oil fields are refilling?

Z said...

What a link, Beamish, that IS interesting. It's almost hair raising to consider how much oil we're being told there is IN the continental USA to say nothing of Alaska.
WHY do Democrats constantly revolt at drilling? Even the caribou loved the warm pipes of the Alaska drilling attempts and cozied up to the sites! Remember we'd been told WILD LIFE WILL DIE!? And are Republicans fighting hard enough, letting the public know the ramifications of the good it would do TO start drilling? It's a little late in the game considering refineries need building, etc etc etc, but if not now, WHEN?
Yes, raising prices at filling stations of oil already there IS gouging...and it's free market, I guess. I mean, any store can mark their products up more from day to the other, so I suppose this is legal if not ethical, really.

Ducky's here said...

Some say that gasoline is the life’s blood of American economics. I think this is true.
-------------------

Just look at the wink we gave the Saudis to go ahead and occupy Bahrain.

Don't want democracy to get in the way of the oil supply. Same deal in Libya.
Remember when Hussein was making noise about non dollar denominated sales of oil?

Trumps that "freedom and democracy" shine every time. Don't worry, Obama knows to protect the oil supply.

soapster said...

Not just gas prices either. Virtually all commodity prices are up.

QE1 and QE2 will do that.

beamish said...

Just look at the wink we gave the Saudis to go ahead and occupy Bahrain.

"Occupying" a nation of 1.2 million; 9,000 of which are military, with just 1,000 troops?

Even Noam "when I think about it, I cite myself" Chomsky after a crack binge wouldn't call that an "occupation."

Z said...

Beamish "Even Noam "when I think about it, I cite myself" Chomsky after a crack binge wouldn't call that an "occupation."

:-) You take the CAKE!

Mustang said...

What exactly does the price of oil being sold in Saudi Arabia right now have to do with the already bought and refined gasoline in the ground at the filling station down the street?

The answer is, “nothing.” Prices at the pump reflect what the market will bear, which is the highest price one can charge for a commodity, consistent with what people are willing to spend. I think we often over look this reality: capitalism is a two-part process. There is the seller, and the buyer. The seller wants as much as he can get, the buyer wants to purchase that good at the least price. When buyers are convinced that $3.51 is as cheap as he or she is likely to find, then given the need to fill up the tank, that’s what the buyer is willing to spend.

Some people do engage in price gouging, which I define as the unethical application of free market practices. Human beings can be greedy. Now when government does this, as in “sin taxes,” no one blinks an eye because government has the higher purpose of saving mankind from himself. Bleh.

beamish said...

On oil fields refilling from source points deeper in the Earth - seems that the idea that oil is not a "fossil" fuel but rather a natural product of subterranean chemical processes would be too revolutionary... as it implies:

1. Oil is not a finite resource, but something the Earth produces constantly

2. Adds "fuel" to the creation vs. evolution debate

3. Makes antropogenic climate disruption hoaxing that much more bunk

Yeah, we better not try to see if deeper in the Earth lies more oil than we'd know what to do with. People might... panic.

beamish said...

:-) You take the CAKE!

Alas, I can't eat it... :P

word verification: gaspayn

weird

Z said...

"Some people do engage in price gouging, which I define as the unethical application of free market practices. Human beings can be greedy"

You can't have capitalism without Godliness...
That's my hypothesis and I'm stickin' to it!! Got to be ethical, got to care for others, got to be honest, etc etc........:-)

Z said...

http://gollygeeez.blogspot.com/2011/02/money-greed-and-god.html

I've always thought that, at least the last two years or so, and the guy in the link says it better and in more detail and more compellingly.

Anonymous said...

I filled up my car last week. $3.91 a gal. Fortunately I usually only have to fill it up about once every three weeks. Mr. Pris is retired so we don't have the mileage per week we used to have.

However we're the exception. I worry for my kids and my grandson who's university where he attends, is a 40 mile drive.

And more, I worry for my country. This administration is intent on bringing us to our knees. So far they're doing a pretty good job of it. Damn them.

Pris

Sam Huntington said...

I was just reading Leslie’s blog; she has a great video up today about oil availability, cost, and the debt.

I understand that Judge Napolitano sends the communists off their rocker —as do most of the right side of the political spectrum, but you do have to admit the left are a bunch of hypocrites. How does any progressive behavior reflect a genuine concern for the things good Americans value? In that context, why should Obama and his henchmen seek to make us independent of foreign oil?

Finally, what does Joe Biden or Nancy Pelosi know about patriotism? Probably about as much as some of your leftist commenters here …

Z said...

Sam, more people should read Leslie's blog, thanks for highlighting it here...

Pris, you're so right...Obama's intent on CHANGE and even we didn't know how rotten it would be.
Oh, sorry...I forgot "CHANGE.....AND BLAME BUSH"

Jan said...

"Some people do engage in price gouging, which I define as the unethical application of free market practices. Human beings can be greedy"

Uh-huh..kind of like when the hurricane, Andrew, hit Florida a few years ago. There were a few of those unethical applicators of free market selling a single bottle of water for an exhorbitant price to the poor unfortunate victims dying of thirst.

And, I think they had to pass some kind of law awhile back, during the race season around Talladega because of the price gouging going on there. A room that could be rented for fifty dollars or so a night, at some scrungy motel, suddenly jumped to a couple of hundred...if you could even find one available.

Greed is an understatement..and I wonder if the thought of being ethical ever even enters their mind?

Gas bought for a certain price for resale, should be sold for the same price it would have been sold for at the time. Anything else can't be anything but greed on the seller's part...it's just ridiculous to think otherwise.

Ticker said...

And THE BEAT(ING) GOES ON. Same subject on Jus'Sayin' by Ticker. Different beat but the same old song.

Major said...

Let me ask this...rhetorically of course.

If the rise in oil prices is based on September "futures".....why does my gas price rise in March?

Because this is a FACT. In other words...every...and I mean EVERY gas station retailer is not only committing fraud...but PRICE GOUGING on the flimsy basis of so called "shortages" to justify these price increase.

There is NO shortage of oil....there is NO shortage of gas supplies....there are about 2600 oil laden tankers waiting to gain a port slot to off load their oil.

There are no refinery shutdowns. There are no "natural" disasters that the oil bastards manufacture monthly to justify price increase.

What there is...IS....scumbag speculators sitting once again in Wall Street or Chicago..."trading" on so called Futures that is the same as roulette. The same Boston / NY bastards that gave us AIG, Chase and the meltdown of the housing industry. These same pieces of shit...are once again picking up after 2008...to screw you and me.

Now...they say that each $1.00 increase in a barrel of oil translates into a 2c per gallon increase in gas prices ( bullshit of course ). So...I have to ask this of my local Sunoco dealer....if you bought a tanker load of gas based on 4 month old contracts...why should my gas increase over $1.00 per gallon than what you paid for it?

Think about it kids.

Now that oil is down $7 per barrel over the past few days.....why hasn't gas decreased by .14c per gallon?

Because we're stupid, ignorant cows...sheep...who haven't a damn clue how all this plays out.

Drill baybe drill? Horseshit...there isn't one Exxon. Shell, Mobil scumbag that doesn't have a permanent hard on over fear...the ME in order to plow more of our money into their yachts.

Thousands of Americans have died for Iraqi oil. These low life turds should give it to us as payment for our sacrifice or at least to pay their war debt to us...YA THINK?

Guess what? They're selling it to...CHINA.

We are...the UNITED STATES of dumbasses.

Major said...

"Price gouging while they can get away with it, I suspect...."


You got that GD right. Scumbag....whores that you think your local ( good guys ) gas retailers actually give a rats ass about you.

Go ahead....ask these whores...these GOUGERS why...they charge more on the basis of.....WHAT?

Here in Bozeman.....these folks know that we...CARRY....

Maybe thats the equalizer in Montanna?

Major said...

90% increase in gas prices since the magic scumbag, community organizer, POS, Moron.... asshole..AA fraud.... declared our reserves...our gift from GOD...is off limits in order to satisfy the pagan mooooslims...

Hey...who hates Oooobiebo more than I do?

The world looks for a leader...not a stupid hoop player from a ghetto.

But the asshole know as the POS...goes off on another vacation.

Z said...

Major, I've put up with the language for a while but need you to please calm it down while you're here...thanks very much.