I guess we can't complain too much then. 7.50 a gallon.

 

I've always thought they were just pushing prices up to find the tipping point. I have a feeling that 3 bucks a gallon might just be it. When it goes up 10-15 cents a day (per hour?), it seems awfully fishy to me, but there have been folks posting here that have made some very good posts about the industry that almost sound plausible. (no offense to any of those who posted). If we take notice, the price rise suddenly slowed way down right after Congress made noises about gathering the IRS records for Big Oil.

Realistically, however, we ARE headed for a time when gas will be a very expensive commodity, and we will get caught in the vise. We've been lulled into a false sense of comfort by cheap gas for so long, we're hooked on the stuff. It hasn't been attractive to develop alternative energy, but that day is closer every time they push the prices farther up our backsides.

This country (the US) is wasteful and greedy. How many big SUVs and gas hogs do you see driving down the road with only ONE occupant? I'm not ragging on SUVs; I'm just glad I don't have to mortgage my house to fill the tank on one.

 

It basically shows that the majority of people Don't Care

$ 1.09 L or $4.36 Cdn per US gallon

All that has to be done is for a few million people to park their vehicle and stop buying fuel all together (PLUS let the oil companies know personally by letter,phone, e-mail or outright gathering to protest and the oil companies will take notice.


Up here on hwy #2 I drive 55 mph or 90 kph when the maximum is 110 kph (65 mph) and I get passed by people doing 130 kph or 140 kph in their Large Light trucks and Suv's.

People don't seem to care how much it costs, they still waste it.

 

i my self have family that lost it all due to the oil crash from years past, but when the boom was on i also saw them getting filthy rich and not saveing a penny. now these family members are recovered from the oil crash and they even agree that fuel (oil) should not be any where near$76.00 a barrel. it is all a big eye poker just like when i was a kid in the 70's THERE IS NO NEED FOR THESE OUTRAGES GAS PRICES!!!JUST MY 2 CENTS!!!

 

The other thing that gets me is the latest price of oil is supposed to be the speculated price for January 2009.

The gasoline that is being presently delivered is supposed to have been made based on the price of oil for February of 2006.

I can't remember what that speculated price was for that month.

No matter what answer the oil companies give for any of the questions one has had about why the price of gasoline is so high at any given time in the past,they always seem to negate it and then add another reason.

 

my dad just told me a hydrogen plant went down in the southeast, he had to dispatch his crew there this weekend to get it going........what does this have to do with the price of fuel? nothing, but i am sure some oil company or wall street trader will hear about it and use it as an excuse to raise prices again.

so.....how is this world economy doing everyone? fuel, steel, copper, concrete etc etc... i love how everything has skyrocketed in price so recently, but wages havn't!

 

Here is something that just came up in the news today. You be the judge on the validity of it:

Oil companies make $8.xx profit for every $100 that they earn. Yahoo makes 12.xx on every $100, Microsoft 25.xx, ect, ect. (I'm quoting from memory so, don't crucify me for inaccuracy but, I'm close). Many companies have a greater profit margin than oil companies but no one is sounding the alarm on them.

I don't work in the oil industry or any affilliated industry. Could 'Big Oil' be making record profits because they are selling a HUGE amout of fuel? I look around at my friend's and neighbor's driveways and see pick-ups and SUVs. I have two SUVs and a pick-up myself! I have a Toyota that gets 32-35 MPG that I drive to work but, I'm like a flea on the road compared to the vehicles I share the road with everyday.

 

I complain about the profit of Banks, Cable Companies, Phone Companies as well.

I detest monopolies.

 

I'm just now trying to understand oil prices, alternative energy sources, markets and so forth. I'm no brain-trust for sure.

In the oil game: Who has the monopoly?

 

bf250, if the hydrogen unit was part of a refinery, it could be a very big deal for that refinery. Refineries take stuff heavier than motor oil and hydrocrack it in an atmosphere of high temperature, high pressure, high concentrations of hydrogen, and a catalyst to make gasoline. Hydrocracking takes low cost products and turns it into high cost products.

 

In the oil game: Who has the monopoly?

~~~~~~~~~~~~~~~~~~~~~~~~

No One I know.

We have Cable and Phone company monopolies up here though.

That's what my comment was directed at ..the last sentence in post #22

 

All you people are brainwashed about SUVs, the favorite target of people, and the News Media. They started to rag on SUVs years and years ago. We have had Explorers, and now have a 05 Tahoe that my wife uses for her business. She drives around town, and gets great mileage for a SUV. I had a 02 Mazda truck, with the 2.3 4 cylinder engine, and an auto trans. It got 17 mpg in the city. My Tahoe gets 15. I have to admit that my wife is an easy driver, and rarely gets on the gas. Even though the Mazda was a 4 cylinder engine, it had to rev like crazy to get going. Freeway speed, the engine was turning over 3,000 rpms. The V-8 engine is only turning about 1800 rpm at speed. We have become a society of PC people, who love to throw rocks at people who don't do what the PC crowd wants.
Ed G

 

Most of the folks I know with the big SUVs are now whining about the cost of fill ups. One of my friends is dumping his paid-for Tahoe and driving a 2001 Saturn, which gets over 30 mpg hiway, so he can drive back and forth to work without losing his shirt.

For me, it has nothing to do with PC. I detest PC thinking in the worst possible way, but common sense tells me that a vehicle that weighs over 2 tons uses more fuel to get up to speed from a dead stop, especially when I consider that the vast majority of them are found on the road (around here) with only one occupant, flying down the road way over the speed limit.

The automakers are being told to raise their corporate fuel economy numbers, and I bet they can't do it if they're selling large numbers of SUVs and big trucks. Big vehicles make sense when carrying lots of passengers, yielding favorable passenger miles per gallon numbers, but when used as single occupant vehicles, they just don't cut it.

Huge difference between 15 mpg city and 26-28 mpg city, which is what a lot of economy cars are getting. Say whatever you want about SUVs , but numbers like that don't lie.

In the end, though, we're all paying for the gas we use. Soon, it won't matter, because the price will be high enough to push people into smaller, more fuel efficient vehicles. That is, if the automakers can give us the vehicles we will need.

 

but it again is that cost ratio thing. i myself would love to also have like a VW diesel that gets great mileage or something else along that line, but i, like many others, can only afford one vehical, and that vehical is going to be my truck. sure, i never use it ALL the time for what its intended purpose is, but to me, its better for my finances and for the enviroment in the long run.

i plan on keeping my truck for 10 years at least, hopefully longer, to me, that is better for the enviroment and fuel savings in the long run. no one ever thinks how much fuel and oil it takes to pump out these little disposable cars people trade up on every few years and disposing of them properly and the little tires that don't seem to last on them half as much as a good truck tire.

an example is my last truck(1995 f350) i had for 7 years until i sold it, it was still running strong, my cousin went through 3 toyotas in that same period, i used and 2 new, now, i am sure they resold the ones she traded in, but i bet they are not running today, my old truck still is. cost for making all those cars in fuel and oil? who knows, but i know factories use a ton of fuel oil to operate.

and of course the auot manufactorers would love to push us into these little cars, they know if anything major happens to them(i.e. wreck, trans, engine) it would be cheaper to buy a new one than replace the parts or people would generally buy a new one anyways. they would love to set it up where people buy a new car every 3 years, how much fuel would that consume then making those cars?

or maybe i am wrong, but to me it makes more sense buying a good quality vehical that will last for years and years than these disposable little eco boxes.

 

when exxon and mobil formed the largest oil company in the history of the world that didn't make the news either. congress and the media were too busy with miss lewinsky to notice. now we're paying 3x as much for gas and it's starting to dawn on people that boycotting one gas station over another isn't the solution when it all comes from the same place.