Aces High Bulletin Board

General Forums => The O' Club => Topic started by: angelsandair on June 11, 2008, 01:25:09 AM

Title: So, why are gas prices so high?
Post by: angelsandair on June 11, 2008, 01:25:09 AM
I heard its cuz the hippies wont let us drill for oil in Alaska and the Gulf of Mexico. And China and Cuba are drilling in the Gulf and the Atlantic and sucking OUR oil reserves dry. This is all because of our Congress from what I've heard. They've made it where WE cant drill in our own country and our own waters, but China AND Cuba, both known for not caring at all about enviromental situations are drilling there. Why dont we just kick em out? Why dont we just drill for oil in our own country. Because democrats and Congress wont let us. This is getting out of hand... I swear....
Title: Re: So, why are gas prices so high?
Post by: ramzey on June 11, 2008, 01:39:18 AM
O blame illegals :noid
Title: Re: So, why are gas prices so high?
Post by: rpm on June 11, 2008, 02:19:51 AM
Gas is expensive?
http://www.youtube.com/watch?v=8EWwrK0VQkY (http://www.youtube.com/watch?v=8EWwrK0VQkY)
Title: Re: So, why are gas prices so high?
Post by: Nilsen on June 11, 2008, 03:31:20 AM
Gas is still very cheap. Even here were we have some of the highest prices (three time what you guys pay) it is cheap.
Title: Re: So, why are gas prices so high?
Post by: DiabloTX on June 11, 2008, 04:02:05 AM
****ing hippies!  We have global warming as well because of all the ****ing weed they smoke has partially blocked out the atmosphere causing a greenhouse affect!  It's called a 'green'house for a reason!  ****damn hippes, all deserve to die!   ****damn hippies!!!!!!!!!!!!!111!!!!eleventyone!!!!!!1111!11!!!!111111..............!
Title: Re: So, why are gas prices so high?
Post by: AWwrgwy on June 11, 2008, 04:04:12 AM
Speculation.  Remember the good old days when OPEC controlled prices?


wrngway
Title: Re: So, why are gas prices so high?
Post by: Hap on June 11, 2008, 05:20:16 AM
Oil execs needing to buy more Cuban cigars, Dom Perignon, and, er, entertainment.

Basically the same stuff many O'Club members would do with the jack.

Oh, toss in some mansions, cars, vacations, and never have to work again after this gig sort of thing too.
Title: Re: So, why are gas prices so high?
Post by: NavyOne1978 on June 11, 2008, 05:43:29 AM
its a conspiracy man, the government is trying to break everyone so they can roll in and impose martial law and control the masses..

 :noid :lol :lol :lol :lol :noid
Title: Re: So, why are gas prices so high?
Post by: moot on June 11, 2008, 05:52:02 AM
Angels there's some good posts in the other threads where your question is answered as well as it's most likely to be in here..  In the 'Windfall tax' thread, and in others before it.  The simplest and least questionable factor is that the US dollar is shrinking.
Title: Re: So, why are gas prices so high?
Post by: Excel1 on June 11, 2008, 05:56:54 AM
Gas is still very cheap. Even here were we have some of the highest prices (three time what you guys pay) it is cheap.

i'm guessing you don't need to spend much of your income on fuel?

it only appears to be cheap if you don't need to buy it, or buy much of it. if you depend on affordable fuel prices to earn your living...commercial fisherman, truckdriver or whatever, or have to spend a large chunk of your income to commute long distances it probably wont seem so cheap.
http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10515651 (http://www.nzherald.co.nz/section/2/story.cfm?c_id=2&objectid=10515651)

Title: Re: So, why are gas prices so high?
Post by: AKIron on June 11, 2008, 09:47:15 AM
Many are prediciting the price won't stop increasing until it hits between $7-$10/gal. This should make the Global Warming Alarmists happy since oil use will decline. Probably see a lot more motorcycles/scooters on the road. Have to admit I won't miss seeing those giant SUVs barreling down the road while the driver is looking at the mirror putting on makeup.
Title: Re: So, why are gas prices so high?
Post by: Airhead on June 11, 2008, 09:58:10 AM
Luckily I live about a mile from my job, so I walk to and from work unless I've been reading the O'Club and am running late. The guys that will get pounded are the commuters, but I haven't noticed an increase in carpooling (the traffic reports still show a backlog at the Bay Bridge every day) although I understand BART ridership is up slightly.
Title: Re: So, why are gas prices so high?
Post by: Shamus on June 11, 2008, 10:11:12 AM
Demand is dropping quite substantially in the U.S., however the Chinese government is able to take the monstrous number of excess trade dollars that it accumulates and keep gas prices a couple of bucks lower than we pay so world demand keeps increasing.

Too bad "free" trade with them is a one way street, it would be nice if we could ship some SUV's over there, but they require that most autos be built in country, I wonder when that protectionism is going to devastate their economy like we are told it would ours.

shamus     
Title: Re: So, why are gas prices so high?
Post by: xNOVAx on June 11, 2008, 10:28:55 AM
Luckily I live about a mile from my job, so I walk to and from work unless I've been reading the O'Club and am running late. The guys that will get pounded are the commuters, but I haven't noticed an increase in carpooling (the traffic reports still show a backlog at the Bay Bridge every day) although I understand BART ridership is up slightly.

Hey Airhead, What part of the Bay do you live in? I'm about a mile from work myself and just take the bus.. 15 minute ride..  :aok
Title: Re: So, why are gas prices so high?
Post by: Angus on June 11, 2008, 10:32:05 AM
Did anyone think that we may run out of gas one day?
Title: Re: So, why are gas prices so high?
Post by: AKIron on June 11, 2008, 10:33:12 AM
Demand is dropping quite substantially in the U.S., however the Chinese government is able to take the monstrous number of excess trade dollars that it accumulates and keep gas prices a couple of bucks lower than we pay so world demand keeps increasing.

Too bad "free" trade with them is a one way street, it would be nice if we could ship some SUV's over there, but they require that most autos be built in country, I wonder when that protectionism is going to devastate their economy like we are told it would ours.

shamus     

When it comes to natural resources like our oil I'm all for protecting it. It should never be more profitable to export our oil than to sell it domestically. Of course that isn't really our problem right now but it could be as we become less dependent on oil as we surely must.
Title: Re: So, why are gas prices so high?
Post by: NavyOne1978 on June 11, 2008, 10:33:21 AM
we'll run out eventually.... but until then lots of people will live in denial....
Title: Re: So, why are gas prices so high?
Post by: Bodhi on June 11, 2008, 11:07:13 AM
we'll run out eventually.... but until then lots of people will live in denial....

Perhaps, but just maybe you could not believe the hype and realize that this price spike has less to do with supply and demand and more to do with greedy investors driving up prices as well as the continued deficit spending the US government has used to finance it's social nonsense which is driving the dollar down. 

But hell, man, be a sheep and follow the hype.
Title: Re: So, why are gas prices so high?
Post by: lasersailor184 on June 11, 2008, 11:25:17 AM
Taxes aside, the gas in europe isn't any more expensive than here in America.  But of course, it's often easier to throw a heroin addict into cold turkey withdrawal than it is to take away tax money from a socialist.
Title: Re: So, why are gas prices so high?
Post by: Bodhi on June 11, 2008, 03:19:46 PM
Taxes aside, the gas in europe isn't any more expensive than here in America.  But of course, it's often easier to throw a heroin addict into cold turkey withdrawal than it is to take away tax money from a socialist.

so sadly true.
Title: Re: So, why are gas prices so high?
Post by: Gh0stFT on June 11, 2008, 05:38:59 PM
Gas is still very cheap. Even here were we have some of the highest prices (three time what you guys pay) it is cheap.

must be something very powerfull,
US. gas prices averaged $3.45 a gallon. That compares to over $8 a gallon here (Europe).
The difference is staggering and they whine about!  :rofl
But hey it works, we still drive cars ;)
Title: Re: So, why are gas prices so high?
Post by: crockett on June 11, 2008, 09:13:22 PM
I heard its cuz the hippies wont let us drill for oil in Alaska and the Gulf of Mexico. And China and Cuba are drilling in the Gulf and the Atlantic and sucking OUR oil reserves dry. This is all because of our Congress from what I've heard. They've made it where WE cant drill in our own country and our own waters, but China AND Cuba, both known for not caring at all about enviromental situations are drilling there. Why dont we just kick em out? Why dont we just drill for oil in our own country. Because democrats and Congress wont let us. This is getting out of hand... I swear....

We don't have a lack of oil.. We have a lack of refined product. Drilling in Alaska has little to do with anything other than right wingers loving to play the blame game.
Title: Re: So, why are gas prices so high?
Post by: Captain Virgil Hilts on June 11, 2008, 09:15:04 PM
We don't have a lack of oil.. We have a lack of refined product. Drilling in Alaska has little to do with anything other than right wingers loving to play the blame game.

And tell us, who is to blame for not having the refinery capacity to refine said oil?
Title: Re: So, why are gas prices so high?
Post by: Nashwan on June 12, 2008, 07:51:12 AM
Quote
We don't have a lack of oil.. We have a lack of refined product.

Nope, the US has plenty of refined product at the moment. So much, in fact, that refineries have been cutting back because they can't charge enough for gasoline thanks to the glut.

Gasoline stocks earlier this year:
(http://tonto.eia.doe.gov/oog/info/twip/gtstusm.gif)

Refiners margins have also shrunk. In April gasoline cost $3.46. That breaks down to:

Crude oil - $2.52 (72.7%)
Taxes - $0.40 (11.5%)
Distribution - $0.20 (5.8%)
Refining - $0.35 (10%)

There have been times in the past when lack of US refinery capacity pushed up gasoline prices, for example spring 2007 the refiners were getting 88c per gallon of gasoline they produced. No doubt there will be similar shortages again in future, although they could easily be avoided by building a couple of months of gasoline stocks. But the current price of gasoline has nothing to do with shortages of refining capacity, and everything to do with the price of crude oil. With oil at $130 a barrel, enough for a gallon of gasoline costs about $3.10. Add in state and federal taxes of 50c or so per gallon and there isn't much left over for the refiners and retailers.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 16, 2008, 07:52:48 AM
Did anyone think that we may run out of gas one day?

You know that that wont be in yours, mine, nor my children's life time....

There's enough oil in South Dakota and Alaska alone for atleast 100 years for the U.S. Not to mention off the coast, West Texas, California.... If we drilled in America, gas would be very very cheap, but congress (which has been nominated as the worst congress in history) keeps passing laws to keep us from drilling and refining in America. If we refined our own gas in modern refineries and drilled for oil, gas would be a whole lot cheaper. The gas companies only get 4 cents out of each gallon of gas that you buy. Rest is taxes...
Title: Re: So, why are gas prices so high?
Post by: Jappa52 on June 16, 2008, 11:07:07 AM
Gas is still very cheap. Even here were we have some of the highest prices (three time what you guys pay) it is cheap.

Hhhmmmmmm ok, picture living in a state the size of Texas and having a job that requires you to drive hundreds of miles daily for several months out of the year.  Then picture your vehicle holding 25 gallons of this "cheap" fuel and you having to fill up 2-3 times a week for several months.  I guarantee you wouldn't think these prices were still cheap.
Title: Re: So, why are gas prices so high?
Post by: NavyOne1978 on June 16, 2008, 08:17:56 PM
for all the EU and Brit posters out there.. One of the reasons that the gas prces are hurting us more than the higher prices over in EU is simply that our nation is designed, and built for vehicular traffic... with the exception of a few major cities, public transportation is practically non existant..  The distances between major cities is far greater than most of the EU.  And the united states road and interstate system isnt designed for the gas sipping scooters and mopeds that are so common overseas..
And if you take into account that the US is physically bigger than almost all of europe, it makes it a nightmare to put out of pocket all the money required for gas..  Think of driving anywhere from 10-100 miles to work, EVERY DAY...  I used to drive 35 miles myself, and that isnt even considered a long commute..

Also, over 1/2 the vehicles in EU are small diesel cars, with mpg of 35-50, where the average american car runs on gasoline, and gets 20-25 mpg..

Therfore, the "cheaper" gas here hurts our pocketbook equally,if not more than residents of Europe.
Title: Re: So, why are gas prices so high?
Post by: Ack-Ack on June 16, 2008, 08:56:29 PM
Luckily I live about a mile from my job, so I walk to and from work unless I've been reading the O'Club and am running late. The guys that will get pounded are the commuters, but I haven't noticed an increase in carpooling (the traffic reports still show a backlog at the Bay Bridge every day) although I understand BART ridership is up slightly.

I'm lucky as well that I live within 3 blocks of my work, which obviously cuts down on my fuel spending.  If I had to commute everyday to work, I think I would have sold my Jeep by now but as is, I only have to fill up my tank every 3 weeks.  So, at least the increased fuel prices haven't hit my all that much in the wallet.

One thing though that does irk the crap out of me is that I live in El Segundo where Cheveron has one of their research refineries and a private gas station for their employees.  Cheveron employees only have to pay $2.75 a gallon but yet at the Cheveron gas station at the corner, gas is $4.65 for regular unleaded. 

I think I'm working for the wrong company.


ack-ack
Title: Re: So, why are gas prices so high?
Post by: bj229r on June 16, 2008, 09:23:40 PM
Quote
"We are the only country throwing up barriers to producing the energy we own. It's not happening anywhere else in the world," said Richard Ranger, an upstream manager for the American Petroleum Institute, in an interview.

Over half of all U.S. reserves of oil are off limits for drilling. Offshore, it is more than 80%. According to the Energy Information Administration, the U.S. possesses 4.5 billion barrels in proven oil reserves, and undiscovered technically recoverable crude oil reserves are estimated at 10 times that much — 44.5 billion barrels.
link (http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=272501641356045) If we cant drill our way out, we can certainly get close
Title: Re: So, why are gas prices so high?
Post by: wrongwayric on June 17, 2008, 07:42:30 AM
And tell us, who is to blame for not having the refinery capacity to refine said oil?
EPA, Greenpeace, and all the other wackos out there. There was a brand new refinery built out in colorado that came on-line and caught so much flack from the wackos and the EPA that the company that ran it shut it down and built another one in mexico. So instead of producing it here, they now import the finished product and charge more for it.
Title: Re: So, why are gas prices so high?
Post by: Nashwan on June 17, 2008, 08:50:49 AM
The US imports very little refined product from Mexico, about 100,000 barrels a day. That compares to US imports of 1.2 million barrels of crude from Mexico a day. The US actually exports more refined product to Mexico than it imports, with exports running at about 250,000 barrels a day.

Increasing refinery capacity in Mexico makes sense. Mexico is a net oil exporter (about 1.5 million barrels a day) but has less refinery capacity than it needs to meet its own consumption. Mexico consumes about 2 million barrels of product a day, but can refine only 1.5 million. Mexico is in the position of producing crude, exporting it, then having to import the finished product for its own domestic use.

Title: Re: So, why are gas prices so high?
Post by: WWhiskey on June 17, 2008, 10:27:54 AM
The US imports very little refined product from Mexico, about 100,000 barrels a day. That compares to US imports of 1.2 million barrels of crude from Mexico a day. The US actually exports more refined product to Mexico than it imports, with exports running at about 250,000 barrels a day.

Increasing refinery capacity in Mexico makes sense. Mexico is a net oil exporter (about 1.5 million barrels a day) but has less refinery capacity than it needs to meet its own consumption. Mexico consumes about 2 million barrels of product a day, but can refine only 1.5 million. Mexico is in the position of producing crude, exporting it, then having to import the finished product for its own domestic use.



and yet we drive across the border into Mexico in our cars and pickups, to buy gas at 1 dollar cheaper per gallon than in the u.s. so if they have to import refined product where is it coming from that they get it cheaper than we do? our taxes only represent .40 cents of that dollar, and they must have paid transportation cost to move that oil here then send refined product back.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 11:01:35 AM
It's cuz of Congress you guys know that right? Before the democrat congress, gas was much cheaper, we could drill more in the U.S. What people assume isn't even true, that this is all George Bush's fault like everything else, like Katrina, like 9/11....
Title: Re: So, why are gas prices so high?
Post by: Mojava on June 17, 2008, 11:20:43 AM
 You remind me of my wife,  you ask a question then tell me the answer.  What bill did congress pass that raised gas prices?  If you have any specifics you could share about congress being the cause to high gas prices, I would love to see them.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 11:22:36 AM
You remind me of my wife,  you ask a question then tell me the answer.  What bill did congress pass that raised gas prices?  If you have any specifics you could share about congress being the cause to high gas prices, I would love to see them.

Cuz I recently found out, I'll get the link
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 11:30:28 AM
Well, here's the NO Zones in the U.S. where there is a large amount of oil we could be getting and refining.

(http://i253.photobucket.com/albums/hh71/1pLUs44/000000000000000000000000000000gas.jpg)

http://blogs.dailymail.com/donsurber/2007/07/18/worst-congress-ever/

Worst congress ever reporting.

Gas prices going up w/ democrat congress

(http://i253.photobucket.com/albums/hh71/1pLUs44/0000000000000moregas.jpg)

(http://i253.photobucket.com/albums/hh71/1pLUs44/0000000000000000chinagas.jpg)
Title: Re: So, why are gas prices so high?
Post by: Mojava on June 17, 2008, 11:52:17 AM
 These pictures prove what exactly?  What  have they done to increase fuel prices, was there a certain bill they have passed in the last few years? By your logic, when the democrats took the majority, gas prices magically increased? I think what your seeing is the result of 4 years of no checks and balances, hell even Sean Hannity talks about how bad the republican congress was. 
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 11:54:45 AM
oh for christs sake... I'll go find up more crud.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 11:58:28 AM
here ya go. http://biz.yahoo.com/ibd/080429/issues.html?.v=1
Title: Re: So, why are gas prices so high?
Post by: AKIron on June 17, 2008, 11:58:52 AM
These pictures prove what exactly?  What  have they done to increase fuel prices, was there a certain bill they have passed in the last few years? By your logic, when the democrats took the majority, gas prices magically increased? I think what your seeing is the result of 4 years of no checks and balances, hell even Sean Hannity talks about how bad the republican congress was. 

Have to agree in principal as I certainly believe it was 8 years of Clinton's foreign policy that led to the terroist threat to world security we face today.
Title: Re: So, why are gas prices so high?
Post by: soda72 on June 17, 2008, 12:04:15 PM
(http://i253.photobucket.com/albums/hh71/1pLUs44/0000000000000moregas.jpg)

 :rofl
Title: Re: So, why are gas prices so high?
Post by: Nashwan on June 17, 2008, 12:47:25 PM
Quote
and yet we drive across the border into Mexico in our cars and pickups, to buy gas at 1 dollar cheaper per gallon than in the u.s. so if they have to import refined product where is it coming from that they get it cheaper than we do? our taxes only represent .40 cents of that dollar, and they must have paid transportation cost to move that oil here then send refined product back.

Mexico subsidises the cost of gasoline. When you fill up in Mexico, the gasoline costs the same, but rather than the government taking money off you in taxes, they actually give you money in subsidies.

Make the most of it, though, there are reports the Mexican government may end the subsidies soon.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 12:49:44 PM
 :noid :noid
Title: Re: So, why are gas prices so high?
Post by: Yknurd on June 17, 2008, 12:50:22 PM
This thread makes me sad.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 17, 2008, 01:13:38 PM
Then start crying.  :O
Title: Re: So, why are gas prices so high?
Post by: Yknurd on June 17, 2008, 01:28:25 PM
Then start crying.  :O

This is what made me sad...

Quote
I heard its cuz the hippies wont let us drill for oil in Alaska and the Gulf of Mexico. And China and Cuba are drilling in the Gulf and the Atlantic and sucking OUR oil reserves dry. This is all because of our Congress from what I've heard. They've made it where WE cant drill in our own country and our own waters, but China AND Cuba, both known for not caring at all about enviromental situations are drilling there. Why dont we just kick em out? Why dont we just drill for oil in our own country. Because democrats and Congress wont let us. This is getting out of hand... I swear....

Poor excuse for the use of the English language and shoddy work of logic.  Somebody isn't paying attention in school.
Title: Re: So, why are gas prices so high?
Post by: Shamus on June 17, 2008, 02:21:42 PM
I heard its cuz the hippies wont let us drill for oil in Alaska and the Gulf of Mexico. And China and Cuba are drilling in the Gulf and the Atlantic and sucking OUR oil reserves dry. This is all because of our Congress from what I've heard. They've made it where WE cant drill in our own country and our own waters, but China AND Cuba, both known for not caring at all about enviromental situations are drilling there. Why dont we just kick em out? Why dont we just drill for oil in our own country. Because democrats and Congress wont let us. This is getting out of hand... I swear....

Ya them darn hippies like Jeb Bush are to blame :lol

shamus
Title: Re: So, why are gas prices so high?
Post by: Ripsnort on June 19, 2008, 04:46:54 PM
China's rapid demand growth was one of the catalysts for oil's surge from $20 six years ago to a record high of nearly $140 a barrel.
Title: Re: So, why are gas prices so high?
Post by: angelsandair on June 19, 2008, 07:15:10 PM


Poor excuse for the use of the English language and shoddy work of logic.  Somebody isn't paying attention in school.

wee doun in tecksaz dont lik al of that gibber-jabber fancee langwage. nouw git goin  :noid


(I can type normally, I'd just rather speed stuff up with "cuz" instead of "because". Just a bit quicker to get to the point.)