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Author Topic: Gas prices  (Read 628 times)

Offline RAIDER14

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Re: Gas prices
« Reply #15 on: October 15, 2006, 11:51:20 PM »
Quote
Originally posted by mosgood
So what's up with the gas prices?

Miraculously, they go down right before elections...

I know a lot of people very nervous, wondering exactly what we had to sacrifice in the future to pay for this sunny picture the government is trying to portray now.


the arabs that own the majority of the gas stations in the U.S. use any accident in the middle east to raise there prices
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Offline bj229r

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Gas prices
« Reply #16 on: October 16, 2006, 06:41:52 AM »
umm...has ANYone noticed that the price of a barrel of oil has come down, due to less worldwide demand...small point I realize:rolleyes:
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Offline Eagler

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Gas prices
« Reply #17 on: October 16, 2006, 07:59:46 AM »
YES!!! and if you do not vote Republican in NOV - no < $3 a gallon gas for YOU!! LOL
you guys crack me up - is there anything Bush does not control or is to be blamed for (forget about giving him credit for anything good) in your paraniod minds?
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Offline Captain Virgil Hilts

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Gas prices
« Reply #18 on: October 16, 2006, 08:30:42 AM »
Isn't it amusing how people think themselves informed and yet they know nothing of OPEC, and the fact that oil is a commodity like any other commodity? Oil futures are traded constantly, and every time there's a storm, a tanker problem, a terrorist incident, a refinery incident, or OPEC threatens a production decrease the price goes up.

When the U.S. becomes a member of OPEC (right after Hell freezes over), MAYBE the President, whoever he is, MIGHT have some serious major influence over oil prices. Or maybe when we are drilling and processing some real amount of oil to meet at least some real portion of our own demands. So long as morons try to keep the ANWAR and the Gulf of Mexico off limits and make it impossible to build new refineries, we'll be at the mercy of others. You can bet China and Cuba won't hesitate to drill in the Gulf of Mexico given the slightest opportunity.
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Offline lazs2

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Gas prices
« Reply #19 on: October 16, 2006, 08:54:55 AM »
yes.. the global warming "scientists" of the EPA  here in kalifornia decided that putting a deadly poison in the fuel would help even tho it was impossible to remove once it got into the water.

We were charged extra for this poison and now... "oops... big mistake on the whole MTBE thing...  gotta ban it and take it out.."

Now they are charging us extra to not put it in the fuel.

lazs
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Offline Nashwan

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Gas prices
« Reply #20 on: October 16, 2006, 09:29:17 AM »
Whilst it's wrong to claim the US president somehow controls the oil price, it's also wrong to claim he has no influence over it. One of the major factors driving the high oil price is the situation in Iraq, which has both curtailed supply (1.8 million barrels produced a day in 2005 compared to 2.5 million in 2000) and increased fears of even further cutbacks in supply. The US attitude to Iran is also a major factor, with fears of a US attack on Iran helping to drive the price higher.

Quote
So long as morons try to keep the ANWAR and the Gulf of Mexico off limits and make it impossible to build new refineries, we'll be at the mercy of others.


You'll be at the mercy of others because the US simply can't produce enough oil to satisfy its own demand. Even with Anwar and the GoM, the US will still produce millions of barrels a day less than it consumes.
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Offline john9001

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Gas prices
« Reply #21 on: October 16, 2006, 09:40:58 AM »
Quote
Originally posted by Nashwan
Whilst it's wrong to claim the US president somehow controls the oil price, it's also wrong to claim he has no influence over it. One of the major factors driving the high oil price is the situation in Iraq, which has both curtailed supply (1.8 million barrels produced a day in 2005 compared to 2.5 million in 2000) and increased fears of even further cutbacks in supply. The US attitude to Iran is also a major factor, with fears of a US attack on Iran helping to drive the price higher.
 


it's not boosh/USA that is blowing up the oil pipe lines in Iraq, it's the terrorists, keep your "facts" straight.
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Offline Urchin

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Gas prices
« Reply #22 on: October 16, 2006, 10:11:25 AM »
I posted the same thing when gas prices started to plummet, and got about the same response.  

Since I'm a naturally suspicious sort to, I went and DL'd the data for gas prices in the US.  You can find it here .

Just by doing year by year charts in Excel it is pretty easy to see there isn't a correlation between elections and falling gas prices.

2000 (EY) - gas prices rise slightly through October.

2001- gas prices plummet Sept-Dec, then start rising again.

2002 (EY) - gas prices rise slightly through October.

2003 - gas prices shoot up in Aug-early Sept, then fall drastically late Sept-Oct.

2004 (EY) - gas prices rise slightly through October.

2005 - gas prices fall through October.

2006 (EY) - gas prices started falling in August.  

If 2006 is like the other election years, gas prices should start rising slightly about this week.  It doesn't look like it is trending that way, but there is definately a slow down in the decreasing cost of gas.

For the record, I wouldn't take anybody elses word on anything, especially here.  If you are curious, the data is out there - and it doesn't lie.
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Offline lukster

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Gas prices
« Reply #23 on: October 16, 2006, 10:27:44 AM »
Quote
Originally posted by lazs2
yes.. the global warming "scientists" of the EPA  here in kalifornia decided that putting a deadly poison in the fuel would help even tho it was impossible to remove once it got into the water.

We were charged extra for this poison and now... "oops... big mistake on the whole MTBE thing...  gotta ban it and take it out.."

Now they are charging us extra to not put it in the fuel.

lazs


No kiddin'? I hope those responsible are now working at McDonalds.
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Offline Ripsnort

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Gas prices
« Reply #24 on: October 16, 2006, 10:29:35 AM »
We paid 19 cents a gallon!!!











































back in 1968...
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Offline Charon

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Gas prices
« Reply #25 on: October 16, 2006, 10:36:36 AM »
Quote
the arabs that own the majority of the gas stations in the U.S. use any accident in the middle east to raise there prices


Arabs do not own most, or as far as I can tell even many, gas stations in the US. "New Americans" and their families with indian and pakistani roots do manage a number of C-stores and do often operate as dealers though. Also, the poeple that "own" the gas stations typically have little control over the final price, which is largely set by their wholesale prices at the rack and by the guy down the stree in competion.

The guy you're thinking of is the ******* commodities trader that just cut you off in his Mercedes while talking on his cell phone :)

Edit: you can also blame, to some extent, people who shop at Wallmart etc. and who support companies that outsource to India for boosting those economies and their demand for oil.

Charon
« Last Edit: October 16, 2006, 10:39:38 AM by Charon »
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Offline Urchin

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Gas prices
« Reply #26 on: October 16, 2006, 10:43:49 AM »
Don't forget Clinton.  No BJs for oil!
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Offline AWMac

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Gas prices
« Reply #27 on: October 16, 2006, 10:45:32 AM »
When Hillery gets elected gas will be back down to $.19 a gallon, cigs will be $.27 a pack, there will be World of Peace, no terrorism, Muslims hugging Christians, Palestinians hugging Jews, all borders will be open with everyone employed and no Country will be a 3rd World Nation or have a deficet and there will be no child left behind.

Oh and Monica Lewinsky will be the Whitehouse spokesperson.

Welcome to the World of...............






















NOT!!!!


Mac

:rofl
« Last Edit: October 16, 2006, 10:47:33 AM by AWMac »
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