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Is F-150 Still King?


 
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  #106 (permalink)  
Old 03-01-2008, 07:50 AM
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Saw a Shell station yesterday selling diesel at $4.199/gal.

I did not stop.
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  #107 (permalink)  
Old 03-01-2008, 10:01 AM
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I thought oil was sold in 42 gallon bbl?
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  #108 (permalink)  
Old 03-01-2008, 11:19 AM
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Quote:
Originally Posted by FARM69
I thought oil was sold in 42 gallon bbl?
............... on 2'nd thought ,I think your right,that make's it $2.45 at the well head,not $2.14 as I posted before,now add the $0.57 for all the taxe's and your at $3.02 before shipping ,refineing and all the rest of the expence's to get it to us,if it turn's out that Global warming is not going to happen are they going to lower the EPA standard's so we get our MPG back???go here, http://www.nationalpost.com/opinion/...html?id=332289
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  #109 (permalink)  
Old 03-01-2008, 11:32 AM
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Quote:
Originally Posted by locked up
Eastern Shore of Md 3.75 a gallon. Has gone up 50 cents in 2 weeks...WTF..This is out of control!!


I agree with you there....
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  #110 (permalink)  
Old 03-04-2008, 07:33 AM
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Ok back on 2/12 here in Wake Forest, NC (just north of Raleigh) diesel was $3.339 for quite a while. On 2/26 it JUMPED to $3.599 and regular gas was $2.899 and also JUMPED to $ 3.159 !! Now, yesterday (03/03) regular gas came DOWN one whole penny @ $3.149 while diesel JUMPED to $3.699!! Holy Crap!
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  #111 (permalink)  
Old 03-04-2008, 10:16 AM
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I here ya. My local station has gone from $3.49 to $3.89 in less than 2 weeks while gas has gone down a nickel.
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  #112 (permalink)  
Old 03-04-2008, 11:34 AM
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Sorry up front for the long post but, this article was in the local newspaper. "Rising Diesel Cost Burning Up Truckers’ Pay."
Raleigh, N.C. — The price of oil hit a record high Monday – over $103 a barrel. The cost of diesel fuel, used to transport the nation's goods, is also gushing at $3.67 a gallon nationally.
"By the time the end of the day comes, we might make a few dollars," said Don Proulx, owner of G & H Hauling. Proulx's small trucking business has been hit hard by the rising cost of diesel fuel. "If he (a trucker) had to drive any distance, at $3.75 a gallon for fuel, he just can't make any money," he said. The price of diesel has also put the brakes on his brother's trucking business. "You park them (trucks) when you have to and run them when you can," Ron Proulx said. The cost of diesel has doubled over the past four years, causing take-home pay for truckers to plummet. "I know, I myself have not received a paycheck from my company in over three months. It's either pay me or pay the other employees," Ron Proulx said. The slumping dollar and tension in the oil-rich Middle East have been among the factors in crude's rise. “I think the market is simply convinced that oil is becoming scarce, and we are still seeing increases in world demand, not just our country. But emerging economies like China and India are rapidly using more energy and therefore more oil,” economist Mike Walden said. With the overall economy slowing, trucking companies are facing tough decisions. "If the price doesn't come down, I'm going to have to shut down," Ron Proulx said. The average U.S. price of a gallon of gasoline stood at $3.17 Monday, according to AAA and the Oil Price Information Service. A month ago, the average price of regular gas was $2.96. A year ago, it was $2.37. The Energy Department expects gas prices to peak at a record level near $3.40 this spring, and some analysts predict pump prices could rise to nearly $4 a gallon when the busy summer driving season arrives.
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  #113 (permalink)  
Old 03-04-2008, 10:44 PM
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Ouch, this is very painful but not sure where or if there is a limit to make me get rid of my truck, but I am driving less.
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  #114 (permalink)  
Old 03-05-2008, 07:31 AM
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Ok here's an update! On 2/12 diesel was $3.339. On 2/26 it JUMPED to $3.599 and regular gas was $2.899 and also JUMPED to $ 3.159 !! On 03/03 regular gas came DOWN one whole penny @ $3.149 while diesel JUMPED to $3.699!! Yesterday 03/04 diesel went DOWN 5 cents to $3.619! What the heck is going on here? Geezzz.... Follow the bouncing dollar!!
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  #115 (permalink)  
Old 03-05-2008, 10:03 AM
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And then we read about this!!!!..http://www.jacksonville.com/tu-onlin...53977052.shtml
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  #116 (permalink)  
Old 03-05-2008, 11:01 AM
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Quote:
Originally Posted by poppie
That's been going on for a while (gouging)....fortunately people are starting to catch on. It'll be a pleasure watching Big Oil get taxed clear off this planet after the '08 elections...they're already sweating bullets and shaking in their boots.

Big Oil actually took their first financial loss in a while a couple quarters ago which proved to them that gas IS a flexible stock, and that America has woken up and started cutting back.
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  #117 (permalink)  
Old 03-05-2008, 11:28 AM
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Quote:
Originally Posted by High_HP
That's been going on for a while (gouging)....fortunately people are starting to catch on. It'll be a pleasure watching Big Oil get taxed clear off this planet after the '08 elections...they're already sweating bullets and shaking in their boots.

Big Oil actually took their first financial loss in a while a couple quarters ago which proved to them that gas IS a flexible stock, and that America has woken up and started cutting back.
...problem is ,this was not big oil,this is a local truck stop owned by local people who cheated folk's,BTW,big oil never pay's taxe's,we do,it's a pass it on type of tax,carefull what you wish for,it will cost you more in the end when they pass the windfall profit's tax on to us in higher yet fuel price's,same a trucker's passing the higher diesel price's on with fuel surcharges,the guy at the end of the line get's stuck with the bill.
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Last edited by poppie : 03-05-2008 at 11:29 AM. Reason: left out a word
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  #118 (permalink)  
Old 03-06-2008, 08:43 AM
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FYI...Oil Advances to Record $105.97 as Dollar Drops to All-Time Low. Interesting article in bloomberg.

http://www.bloomberg.com/apps/news?p...d=aOW6mzz__AbA
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  #119 (permalink)  
Old 03-06-2008, 09:00 AM
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Quote:
Originally Posted by High_HP
That's been going on for a while (gouging)....fortunately people are starting to catch on. It'll be a pleasure watching Big Oil get taxed clear off this planet after the '08 elections...they're already sweating bullets and shaking in their boots.

Big Oil actually took their first financial loss in a while a couple quarters ago which proved to them that gas IS a flexible stock, and that America has woken up and started cutting back.
Taxing them more will surely lower fuel prices.

More taxes is never the answer.

Mike
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  #120 (permalink)  
Old 03-06-2008, 10:12 AM
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Quote:
Originally Posted by High_HP
That's been going on for a while (gouging)....fortunately people are starting to catch on. It'll be a pleasure watching Big Oil get taxed clear off this planet after the '08 elections...they're already sweating bullets and shaking in their boots.

Big Oil actually took their first financial loss in a while a couple quarters ago which proved to them that gas IS a flexible stock, and that America has woken up and started cutting back.
Taxed off the planet? HUH? Now trust me I am not a fan of the big oil companies! One thing is for sure though, if the oil companies get taxed big time they will just pass it all on to us the consumers! Taxing just makes things much worse! So the oil company gets taxed more, which would lower there profits even more, what would be there response? To lower prices? Heck no, they would climb even higher! Do you want higher fuel prices? Explain to me how taxing the oil companies will lower the price of oil.........
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