Gas Wars
Postmaster
Joined: Mar 2002
Posts: 2,680
Likes: 1
From: Montreal Canada
Originally Posted by stu37d
Isn't the oil bought and sold as a commodity?
If you buy gas from Exxon, moved in Exxon tankers, from an Exxon operated oil field, then that oil does not change owners. It stays "in house". And if that oil is not offered for sale on the commodities market, then its not going to increase the supply of oil available to traders. And prices remain high, even though there is no shortage.
Originally Posted by Mil1ion
Do you have a link for WM instead of Real ?
http://www.cbc.ca/podcasting/pastpodcasts.html?8#ref8
Try this. Today's programme is not yet up in mp3 format
Last edited by websthes; May 3, 2007 at 08:23 PM.
Postmaster
Joined: Jun 2006
Posts: 2,834
Likes: 3
From: Kzoo
well i think its absolute BULLS*** that gas is this exspensive, it makes me so ANGRY!!! especially when gas is this exspensive and then I bet that ill hear on the news that this oil company and that one have made record breaking profits, When the hell is something going to be done about this to limit the amount of profits these companies can make, and these few companies get richer but it effects the ENTIRE COUNTRY! arrrggg im soo madd!!!!!!
Postmaster
Joined: Mar 2002
Posts: 2,680
Likes: 1
From: Montreal Canada
I lay pipe for a living. How would you feel if it cost you $3/gallon every time you go for a sh it? I'm serious. People pay $4 for a 12 ounce bottle of water. $3 is a good deal. The water has to be made safe to drink. And last week there was a pipe that burst. Why can't we profit from our own negligence like everybody else?
Post Fiend
Joined: Jan 2006
Posts: 5,037
Likes: 9
From: Kasson, Minnesota
It's one thing if there was an alternative to fuel. Fuel is a necessity. So is water, and i agree, $4 for a bottle is outragous too, but I can use tap water and a purifier and drink all I want for a fraction of a cent. That is my alternative instead of buying the bottle water. When I do buy bottled water, I buy the cheap stuff. All tastes the same to me.
But, now it's a fact of life that fuel is and always will be expensive and we will be forced to pay whatever the oil companies want. Ethanol production won't help either, because Ethanol won't be that much cheaper that fuel. Ethanol companies are thinking the same as the oil companies. We need it, and we are going to pay for it.
But, now it's a fact of life that fuel is and always will be expensive and we will be forced to pay whatever the oil companies want. Ethanol production won't help either, because Ethanol won't be that much cheaper that fuel. Ethanol companies are thinking the same as the oil companies. We need it, and we are going to pay for it.
Laughing Gas
Joined: Jan 2004
Posts: 1,142
Likes: 2
From: Denver, CO
Originally Posted by bf250
there is nothing to be mad about.
the companies are there to make money, not to provide a service.
if you really want to be angry about a profit making industry, just look at pharmaceuticals.
the companies are there to make money, not to provide a service.
if you really want to be angry about a profit making industry, just look at pharmaceuticals.
Dont even get me started on drugs and health care. That is not a free market topic, that is all SCREWED up by the government.
New User
Joined: Jan 2008
Posts: 0
Likes: 24
Originally Posted by bf250
there is nothing to be mad about.
the companies are there to make money, not to provide a service.
the companies are there to make money, not to provide a service.
They made money when it was $0.29 gallon in the early 70's.
Now they make MEGA Billions while average people decide if they should buy bread/milk/eggs do they can eat.....or for a tank of Gasoline to try and make money to live longer.
I don't begrudge profit..I begrudge Mega Billions profit for people with Millions & Billions already...getting it off the back of people trying to survive.
It's called: Reasonable Profit to continue doing business.
and don't give me that people should get another job if they can't afford things.
Not ALL jobs pay 100,000's a year...someone has to do the low paying jobs and they too have to survive.
IMO,Mega rich people not partially rich People have lost their way.
I wish they would state exactly where every cent goes out amd where it comes in for their operations... so people can see who is making how much for what they are doing.
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Senior User
Joined: Sep 2004
Posts: 200
Likes: 0
From: Cathedral City
Originally Posted by jake00
can you cite that source please
After doing so I found this Email was bogus and just a variation of one that has been around for 7 years. (or possibly longer)
That being said I wish to apologize to you and the members of this forum for not doing so. Be assured it will NEVER happen again.
At my age I should know better. I can only assume it was frustration on my part that caused me to post it here without checking further.
The frustration of watching gas prices go up at the rate of 8-10 cents per week since January here in Calif.
Gas prices here have gone from $2.20 to $3.50 per gallon in the last 16 weeks. With the summer driving season getting into full swing,
I can easily see them going to $4.00 or more per gallon by the Memorial day weekend. Being retired I only drive 4,000-5,000 miles per year.
So a $60-75 tank of gas (17 gals.) for my Ranger will last me almost a month. I feel sorry for you working stiffs that are filling up once or twice a week,
because of your daily commute. I still feel part of the problem is nothing more than greed on the part of some corporation heads.
Also just because I found this Email is bogus, doesn't mean I've changed my mind. I still think something can/should be done. I just don't know what.
MMNC (SS)(Ret)
Joined: Mar 2004
Posts: 11,606
Likes: 151
From: SE Georgia
In 1998, I got the keys to my first vehicle. I paid $0.93 per gallon. That was in August. By 1999, I was paying $1.25 a gallon.
I filled my truck up yesterday at $3.49 a gallon. This is pure bull*****. That is an increase of $2.56, a increase of ~$0.28 per month. I understand inflation happens. It's a sad fact of life. But inflation doesn't happen that fast.
Big Oil Corporations are getting gouged by the OPEC people, and they in turn gouge us x2. Refining fuel is expensive. But you cannot tell me that a process that has been in place for 100 years can't be streamlined and to the point where costs are minimal.
I especially like it when there is some sort of Middle East incident...some bombing or other stupid fundamentalist deciding he doesn't like that piece of scenery crap. Gas prices will be $3.10 or so and the next day they'll be $3.25...the reason, it cost the gas station more because of the disturbance. B.S. that gas station hasn't even gotten a new shipment yet, but they are charging the new prices using old gas. Isn't that illegal? there is no shortage, just a stock market hit.
I filled my truck up yesterday at $3.49 a gallon. This is pure bull*****. That is an increase of $2.56, a increase of ~$0.28 per month. I understand inflation happens. It's a sad fact of life. But inflation doesn't happen that fast.
Big Oil Corporations are getting gouged by the OPEC people, and they in turn gouge us x2. Refining fuel is expensive. But you cannot tell me that a process that has been in place for 100 years can't be streamlined and to the point where costs are minimal.
I especially like it when there is some sort of Middle East incident...some bombing or other stupid fundamentalist deciding he doesn't like that piece of scenery crap. Gas prices will be $3.10 or so and the next day they'll be $3.25...the reason, it cost the gas station more because of the disturbance. B.S. that gas station hasn't even gotten a new shipment yet, but they are charging the new prices using old gas. Isn't that illegal? there is no shortage, just a stock market hit.
Ford Parts Specialist
Joined: Nov 2006
Posts: 88,826
Likes: 787
From: Simi Valley, CA
Originally Posted by Mil1ion
Biggest reason is the gluttony for fuel in the USA.
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Apr 13, 2006 11:37 AM