Gas vs PSD
Postmaster
Joined: Oct 2006
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From: SE Texas
JL
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Joined: Mar 2007
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From: Pa
Gas (87) is around $2.62gal and diesel around $3.12gal in my area. Straight 87 gas is usually $.10gal more.
Fixed it for you.
Best thing that could happen is to make shure BP pays for the all cleanup and damages caused by the spill.
Postmaster
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From: CA Bay Area
Flying J
FlyingJ at least in CA offers higher diesel prices than competition from smaller truck stops, because they claim that the big parking lots they offer showers and restaurants cost them extra.
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Modular motor junkie
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From: Texas
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They do when they have to fit the bill for the cleanup and claims for what BP did to the gulf. This has become more than just business, this has become an ecological issue. Plus, BP is having the same economic issues that GM did now.
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From: Sunny, Snowy, CO
If we seized BP's assets that are currently in the U.S., we would be no better than Hugo Chavez when he threatens to do it to us, or Castro when he seized U.S. companies in Cuba. It could literally be deemed an act of war, though I doubt Britain would try a Falklands-style move on us...Especially when we had to refuel their ships to get them down there.
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That would be great if they would out of the kindness of their hearts, but BP is denying claims to fishermen because they knew the industry is mostly a cash trade industry and therefore the fishermen have no official "pay" estimates verified by the government. BP has made this whole thing a farce, and their ability/desire to repay those financially affected is right along the lines of their ability/desire to actually clean up the mess. Soon we all will be affected, from higher prices for foods which we are now seeing, to higher taxes to cover the cleanup and claims, to possible toxic rains when the hurricanes hit the gulf and bring the oil and solvents inland.
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Joined: Mar 2007
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From: Pa
You need to shop around. FlyingJ in your state is selling diesel for $2.99
Flying J
FlyingJ at least in CA offers higher diesel prices than competition from smaller truck stops, because they claim that the big parking lots they offer showers and restaurants cost them extra.
Flying J
FlyingJ at least in CA offers higher diesel prices than competition from smaller truck stops, because they claim that the big parking lots they offer showers and restaurants cost them extra.
But BP is denying claims to fishermen because they knew the industry is mostly a cash trade industry and therefore the fishermen have no official "pay" estimates verified by the government.
BP needs to pay for their damages no doubt about, I'm not defending BP just trying to be realistic.
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From: Sunny, Snowy, CO
"Because I don't say it....doesn't mean I ain't thinkin' it"....(Megadeth-Holy Wars)
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Modular motor junkie
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From: Texas
IIRC The road tax is over $1.00 per gallon.
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From: WV
Not saying that bio should not be commercialized, just that it should be commercialized outside the holds of OPEC. Obviously if it is not commercialized it would not be practical, but that does not mean that it has to be governed by an organization that will jack the price through the roof. Willie is a prime example. He did not have to do it through OPEC and yet his bio is still within a dime per gallon of OPEC petro fuel. The cost of producing 100% bio last year for a friend of mine was $.60 a gallon, and that is privately.
Since almost all research on bio related fuel traces back to the US government, it is very unlikely OPEC will have anything to do with it. After all, no one is making bio fuels from sand...
Now sure, the cost will go up when you factor in the fact that commercially the veggie oil will have to be purchased instead of just making a trip to Burger King and getting it by the 55 gallon drum for free, and the cost will have to go up initially to buy the larger equipment, plus the cost of commercial fuel will have to rise as sellers will have to cover the building, pumps, employees, insurance, etc., but the cost of materials other than the base oil will go down as you buy in bulk. All in all, $1.50 per gallon for bio would not be at all unreasonable.
On a related note, the current cost of refining light sweet crude oil into gasoline is about $0.37 per gallon. The transportation is the largest issue, and with veggie, you will have transport them through truck which is incredibility inefficient, then back out using the same methods gas does.
As far as pre-2011s not being able to run pure bio, that is not necessarily true. With a few easy mods this can be performed. Besides, if the 2011s and 2012s can run pure bio which cost $1.50 a gallon, it will drive the price of petroleum based fuels down for those of us who drive older trucks.
BTW, you all remember when a small oil field was "threatened" to be attacked and bombed a couple of years ago? Over night the price of fuel was jacked well over a dollar because of this threat to a small field. Three months ago the Deepwater Horizon blew up which spilled as much as 50,000 gallons of oil into the gulf a day. The cost not only was in the millions of gallons of oil spilled, but also in the cost of cleanup, PR, diving stocks, low sales for BP, etc. Plus, this has hurt the reputation for off shore drilling, threatened the future of one of our nation's primary sources of oil, and has even harmed the reputation of the oil industry as a whole, and yet prices have gone down. It is a scam, the whole thing. If they could get away with it, OPEC would charge $100 a gallon for gasoline.
Don't get me wrong, I think BP should be fined so much they forced to go bankrupt. But I have to give credit were it is due, and they prevented gas prices from sky rockets because of some speculation.
I don't think the oil (and oil drilling) industry had a very "clean" reputation to start with. It ranks right up there with the coal industry as "we don't like it, but we have to do it." However, I doubt that gulf coast drilling has stopped indefinitely. I am almost sure it will continue at some point in the future.
All in all, you are right. Prices are all about supply and demand, and as long as the supply is set by one organization and the demand is mostly non-adjustable, we will always be at the will of those crooked players who are only looking to make as much money as they can off us regardless of the cost economically. Problem is not that supply is low or that demand is high, but rather that the supply is all from one source which gives them an illegal advantage (speaking as a monopoly). Best thing that could happen is for the Government to take over BP, use the stocks to help pay for the cost of the cleanup and claims, and independently operate the company at reasonable prices thus forcing the cost of OPEC fuels down.