transitt Wrote:1: You don't know me, don't claim to. I'm doing just fine, thank you very much. My money is well invested in mutual funds as well as real estate. I can think any damned thing I want about the oil companies. They are hurting the economy, period. I'm not thinking only of myself, but the country as a whole.

Sorry about that. You seemed pretty eager before to claim the eighth circle of hell for the oil executives; I just assumed that your moral high ground was fair game.

And as far as thinking about the country, the price of gasoline will dictate how quickly America moves on to alternative resources for travel. Gasoline has been a remarkable blessing to modern life, but it doesn't appear to be infinitely available. When it becomes more expensive than other energy sources, people will use those other sources. Does the country need greener energy, and less reliance on the Middle East? Then you need higher gas prices.

As for other industries that have large price fluctuations, try any commodity group, including pork, copper, or platinum, and you will see the same fluctuations over time. It's just the way market prices work, in order to ensure that people have a reliable supply.

bubbapt Wrote:

transitt Wrote:1: You don't know me, don't claim to. I'm doing just fine, thank you very much. My money is well invested in mutual funds as well as real estate. I can think any damned thing I want about the oil companies. They are hurting the economy, period. I'm not thinking only of myself, but the country as a whole.

Sorry about that. You seemed pretty eager before to claim the eighth circle of hell for the oil executives; I just assumed that your moral high ground was fair game.

And as far as thinking about the country, the price of gasoline will dictate how quickly America moves on to alternative resources for travel. Gasoline has been a remarkable blessing to modern life, but it doesn't appear to be infinitely available. When it becomes more expensive than other energy sources, people will use those other sources. Does the country need greener energy, and less reliance on the Middle East? Then you need higher gas prices.

As for other industries that have large price fluctuations, try any commodity group, including pork, copper, or platinum, and you will see the same fluctuations over time. It's just the way market prices work, in order to ensure that people have a reliable supply.

Great points.

I also want to point out that this may help to force lifestyle changes for millions of working Americans as well. I know I sound like a broken record, but one way for an individual to reduce the amount of money they spend on fuel is to move closer to their place of work, which for many Americans means moving back into the cities they abandoned after World War II when suburban living and long commutes were made easy by cheap gasoline. If gas does go to $3.50 or $4.00 a gallon, I hope more Americans will consider urban living. God knows our cities could use an influx of professionals and middle class families with children. Hopefully real estate developers will build more and more new residential developments (such as what is going on in Downtown Memphis today) to make them want to back to the cities.

JMSTiger Wrote:

bubbapt Wrote:

transitt Wrote:1: You don't know me, don't claim to. I'm doing just fine, thank you very much. My money is well invested in mutual funds as well as real estate. I can think any damned thing I want about the oil companies. They are hurting the economy, period. I'm not thinking only of myself, but the country as a whole.

Sorry about that. You seemed pretty eager before to claim the eighth circle of hell for the oil executives; I just assumed that your moral high ground was fair game.

And as far as thinking about the country, the price of gasoline will dictate how quickly America moves on to alternative resources for travel. Gasoline has been a remarkable blessing to modern life, but it doesn't appear to be infinitely available. When it becomes more expensive than other energy sources, people will use those other sources. Does the country need greener energy, and less reliance on the Middle East? Then you need higher gas prices.

As for other industries that have large price fluctuations, try any commodity group, including pork, copper, or platinum, and you will see the same fluctuations over time. It's just the way market prices work, in order to ensure that people have a reliable supply.

Great points.

I also want to point out that this may help to force lifestyle changes for millions of working Americans as well. I know I sound like a broken record, but one way for an individual to reduce the amount of money they spend on fuel is to move closer to their place of work, which for many Americans means moving back into the cities they abandoned after World War II when suburban living and long commutes were made easy by cheap gasoline. If gas does go to $3.50 or $4.00 a gallon, I hope more Americans will consider urban living. God knows our cities could use an influx of professionals and middle class families with children. Hopefully real estate developers will build more and more new residential developments (such as what is going on in Downtown Memphis today) to make them want to back to the cities.

Why in the world would I want to move back into an urban area in the sorry condition they are in today, not even considering the thought of having to deal with some of the wackos and misfits that live there?

oldmangrizz Wrote:

JMSTiger Wrote:

bubbapt Wrote:

transitt Wrote:1: You don't know me, don't claim to. I'm doing just fine, thank you very much. My money is well invested in mutual funds as well as real estate. I can think any damned thing I want about the oil companies. They are hurting the economy, period. I'm not thinking only of myself, but the country as a whole.

Sorry about that. You seemed pretty eager before to claim the eighth circle of hell for the oil executives; I just assumed that your moral high ground was fair game.

And as far as thinking about the country, the price of gasoline will dictate how quickly America moves on to alternative resources for travel. Gasoline has been a remarkable blessing to modern life, but it doesn't appear to be infinitely available. When it becomes more expensive than other energy sources, people will use those other sources. Does the country need greener energy, and less reliance on the Middle East? Then you need higher gas prices.

As for other industries that have large price fluctuations, try any commodity group, including pork, copper, or platinum, and you will see the same fluctuations over time. It's just the way market prices work, in order to ensure that people have a reliable supply.

Great points.

I also want to point out that this may help to force lifestyle changes for millions of working Americans as well. I know I sound like a broken record, but one way for an individual to reduce the amount of money they spend on fuel is to move closer to their place of work, which for many Americans means moving back into the cities they abandoned after World War II when suburban living and long commutes were made easy by cheap gasoline. If gas does go to $3.50 or $4.00 a gallon, I hope more Americans will consider urban living. God knows our cities could use an influx of professionals and middle class families with children. Hopefully real estate developers will build more and more new residential developments (such as what is going on in Downtown Memphis today) to make them want to back to the cities.

Why in the world would I want to move back into an urban area in the sorry condition they are in today, not even considering the thought of having to deal with some of the wackos and misfits that live there?

Obviously, people with your mindset would never consider living in a city. I am refering to people who are not frightened by such "sorry" places as East Memphis. Say your place of work is near Poplar and Perkins and you currently live in Byhalia. Maybe a "sorry" neighborhood in East Memphis would not be such a terrible idea, especially when you consider how much you would save in reduced gasoline expense.

SCConway Wrote:Sorry folks, no letup in site. "sigh"

Unscrupulous. No other word for it. This trend of enriching certain companies (whether it's oil, radio, contractors such as Halliburton) during the past few years is very suspicious at the least, and if this is what the GOP stands for, and if Republicans support and endorse these actions, I want no part of that party. And, no, I don't agree for a second that this is part of the system, that we have to accept this from our party in order to play the game. Evict this infection of greed that Rove and the present crop of GOP leaders have permitted. And evict the infection of supporters that are more concerned with power than principle.

kabluey Wrote:

SCConway Wrote:Sorry folks, no letup in site. "sigh"

Unscrupulous. No other word for it. This trend of enriching certain companies (whether it's oil, radio, contractors such as Halliburton) during the past few years is very suspicious at the least, and if this is what the GOP stands for, and if Republicans support and endorse these actions, I want no part of that party. And, no, I don't agree for a second that this is part of the system, that we have to accept this from our party in order to play the game. Evict this infection of greed that Rove and the present crop of GOP leaders have permitted. And evict the infection of supporters that are more concerned with power than principle.

Is there a particular price that you have in mind for gasoline? What would you propose to set it at, if you ran the Bureau for Fair Gasoline Prices?

JMSTiger Wrote:

oldmangrizz Wrote:

JMSTiger Wrote:

bubbapt Wrote:

transitt Wrote:1: You don't know me, don't claim to. I'm doing just fine, thank you very much. My money is well invested in mutual funds as well as real estate. I can think any damned thing I want about the oil companies. They are hurting the economy, period. I'm not thinking only of myself, but the country as a whole.

Sorry about that. You seemed pretty eager before to claim the eighth circle of hell for the oil executives; I just assumed that your moral high ground was fair game.

And as far as thinking about the country, the price of gasoline will dictate how quickly America moves on to alternative resources for travel. Gasoline has been a remarkable blessing to modern life, but it doesn't appear to be infinitely available. When it becomes more expensive than other energy sources, people will use those other sources. Does the country need greener energy, and less reliance on the Middle East? Then you need higher gas prices.

As for other industries that have large price fluctuations, try any commodity group, including pork, copper, or platinum, and you will see the same fluctuations over time. It's just the way market prices work, in order to ensure that people have a reliable supply.

Great points.

I also want to point out that this may help to force lifestyle changes for millions of working Americans as well. I know I sound like a broken record, but one way for an individual to reduce the amount of money they spend on fuel is to move closer to their place of work, which for many Americans means moving back into the cities they abandoned after World War II when suburban living and long commutes were made easy by cheap gasoline. If gas does go to $3.50 or $4.00 a gallon, I hope more Americans will consider urban living. God knows our cities could use an influx of professionals and middle class families with children. Hopefully real estate developers will build more and more new residential developments (such as what is going on in Downtown Memphis today) to make them want to back to the cities.

Why in the world would I want to move back into an urban area in the sorry condition they are in today, not even considering the thought of having to deal with some of the wackos and misfits that live there?

Obviously, people with your mindset would never consider living in a city. I am refering to people who are not frightened by such "sorry" places as East Memphis. Say your place of work is near Poplar and Perkins and you currently live in Byhalia. Maybe a "sorry" neighborhood in East Memphis would not be such a terrible idea, especially when you consider how much you would save in reduced gasoline expense.

I work, but, thankfully, I could get by without it if I was forced into that position. I probably wouldn't eat meat 7 days a week, though. I cannot imagine the price of gas being so high that I would consider moving back to an urban area (Memphis or any other). So, yes, for me, it would be a terrible idea.

BamaBlazer Wrote:

SCConway Wrote:I think the government should not force people to carry auto insurance. Can't wait to hear this debate. lol

still paying on mine so I have to have full coverage at $120 a month. could buy 3 tanks of gas with that

Not for long. lol

JTiger Wrote:$2.99 at the Citgo near Wolfchase today.


I think I'll stick to my Accord and maybe switch to a Civic for the mileage. What a convenient time for the oil companies to "repair" their refineries during the start of the summer driving season.

Hey, THAT'S not the point. They have to get ready for next winter's FUEL OIL for the East Coast idiots that are still using HEATING OIL/BUNKER FUEL for heating their house ! ! ! The dumb a$$e$ have not converted to Natural Gas, which Canada has LOTS of to pipe to the Neast. They are even building a LNG terminal in Mass-a-2-shts. Besides burning fuel oil is the dirtiest type of fuel there is. And THEY think ecologically/clean/green ... don't kid yourself.

Your fuel/gas would be a whole lot cheaper if you'd give a shin kick to your congressmen/women/senators and tell 'em to DRILL IT/BUILD NEW REFINERIES/DISTRIBUTE IT...AND DO IT NOW!! QUIT THIS DELAYING BS NOW ! !

As a shareholder of Exxon, I say thank you to those in high management.

The Government makes more money on a gallon of gas than the Oil Companies.

They don't want you to drive less any more than they want you to quit smoking.

They make an embarrasing amount of tax revenue on both.

Of course they don't have any shame at all!!!

Federal and state governments have long viewed gasoline taxes as a cash cow. In 2003, for instance, when the average retail price for a gallon of gasoline was $1.56, federal and state taxes averaged about $0.40 a gallon--which amounts to a far higher tax rate, 34 percent, than we pay for almost any other product. (Contrary to popular belief, gasoline taxes do not just pay for the roads we drive on; less than 60% of the gas-tax-funded "Highway Trust Fund" goes toward highways.)


Gas Fumes


[quote]A multitude of factors can affect an individual oil company's profit on gasoline sales. However, data from the U.S. Energy Information Administration (EIA) indicates that when the average price of unleaded regular peaked at about $3 a gallon in the middle of 2006, major companies were making a profit of about 10 cents a gallon on their U.S. refining and marketing operations. Profitability factors include the efficiency of the firm's refining, distribution and marketing system, as well as its source of raw material. In times of rising oil prices, companies that own and produce a considerable portion of the crude oil used in their refineries may benefit more than other companies that must purchase most or all of their supplies on the open market.

Crude oil generally represents the single greatest cost component of gasoline, which explains why gasoline prices rise and fall so quickly with changes in the world price of crude oil. For example, at ConocoPhillips, crude oil costs make up 85 to 90 percent of the total costs of running its refineries. As an international commodity, crude oil is bought and sold 24 hours a day, so its price is changing constantly. In the matter of a day or two, crude oil prices can move up or down by several dollars, depending upon supply and demand factors.

In general, crude oil accounts for roughly half of gasoline's price, as shown in the graphic. Other price components include refining, distribution (pipelines and tanker trucks) and marketing (service stations and convenience stores). These so-called "downstream" costs have been falling as companies have made operations more efficient. When gasoline reaches the pump, another major factor comes into play

This increase is just as bogus as the cut last fall that lower gas prices below 2 bucks. With all the merges in the last decade. The petroleum industry is a virtual monoply.

oldmangrizz Wrote:

JMSTiger Wrote:

oldmangrizz Wrote:

JMSTiger Wrote:

bubbapt Wrote:

transitt Wrote:1: You don't know me, don't claim to. I'm doing just fine, thank you very much. My money is well invested in mutual funds as well as real estate. I can think any damned thing I want about the oil companies. They are hurting the economy, period. I'm not thinking only of myself, but the country as a whole.

Sorry about that. You seemed pretty eager before to claim the eighth circle of hell for the oil executives; I just assumed that your moral high ground was fair game.

And as far as thinking about the country, the price of gasoline will dictate how quickly America moves on to alternative resources for travel. Gasoline has been a remarkable blessing to modern life, but it doesn't appear to be infinitely available. When it becomes more expensive than other energy sources, people will use those other sources. Does the country need greener energy, and less reliance on the Middle East? Then you need higher gas prices.

As for other industries that have large price fluctuations, try any commodity group, including pork, copper, or platinum, and you will see the same fluctuations over time. It's just the way market prices work, in order to ensure that people have a reliable supply.

Great points.

I also want to point out that this may help to force lifestyle changes for millions of working Americans as well. I know I sound like a broken record, but one way for an individual to reduce the amount of money they spend on fuel is to move closer to their place of work, which for many Americans means moving back into the cities they abandoned after World War II when suburban living and long commutes were made easy by cheap gasoline. If gas does go to $3.50 or $4.00 a gallon, I hope more Americans will consider urban living. God knows our cities could use an influx of professionals and middle class families with children. Hopefully real estate developers will build more and more new residential developments (such as what is going on in Downtown Memphis today) to make them want to back to the cities.

Why in the world would I want to move back into an urban area in the sorry condition they are in today, not even considering the thought of having to deal with some of the wackos and misfits that live there?

Obviously, people with your mindset would never consider living in a city. I am refering to people who are not frightened by such "sorry" places as East Memphis. Say your place of work is near Poplar and Perkins and you currently live in Byhalia. Maybe a "sorry" neighborhood in East Memphis would not be such a terrible idea, especially when you consider how much you would save in reduced gasoline expense.

I work, but, thankfully, I could get by without it if I was forced into that position. I probably wouldn't eat meat 7 days a week, though. I cannot imagine the price of gas being so high that I would consider moving back to an urban area (Memphis or any other). So, yes, for me, it would be a terrible idea.

To each his own. Your view of living inside a city is similar to my views on living in modern day cookie cutter suburbia. I either want to live in the city, a small town (independent of a large city, not a suburb of a large city) or the country.

Pressed Rat Wrote:This increase is just as bogus as the cut last fall that lower gas prices below 2 bucks. With all the merges in the last decade. The petroleum industry is a virtual monoply.

No new refineries have been built in the US since 1976.

According to this article, you will have to wait another two years before refining capacity is increased. Provided that crude doesn't jump to $100 per barrel, you should see lower gas prices then.

http://money.cnn.com/2007/04/17/news/eco.../index.htm

It's bad. Over $300 for gas for a day of skiing on Pickwick including the drive up and back.

BaylorTigerFan Wrote:It's bad. Over $300 for gas for a day of skiing on Pickwick including the drive up and back.

You burned 100 gallons of gas doing this?

If you drove from New York to LA in a car getting 20 miles per gallon, you'd burn 150 gallons of gas, and spend $450 at $3 per gallon. And that's pretty lousy mileage.

I think the shocking thing here is that you could have burned that kind of gas to travel a couple hundred miles by highway, then burn, what, 50, 75 gallons or so on the lake. I used to ski a lot, and my boat burned about six gallons of gas over a whole day. We might have to refuel once.

In any case, if it was $2 per gallon, you would have spent $200. If it was only a dollar a gallon, you would have spent $100. At any price, burning that kind of gas is going to dent the pocket. It's your right as an American to buy all the gas you want and use it as you please, but your complaining about it is pretty lame.

bubbapt Wrote:

BaylorTigerFan Wrote:It's bad. Over $300 for gas for a day of skiing on Pickwick including the drive up and back.

You burned 100 gallons of gas doing this?

If you drove from New York to LA in a car getting 20 miles per gallon, you'd burn $150 gallons of gas, and spend $450 at $3 per gallon. And that's pretty lousy mileage.

I think the shocking thing here is that you could have burned that kind of gas to travel a couple hundred miles by highway, then burn, what, 50, 75 gallons or so on the lake. I used to ski a lot, and my boat burned about six gallons of gas over a whole day. We might have to refuel once.

In any case, if it was $2 per gallon, you would have spent $200. If it was only a dollar a gallon, you would have spent $100. At any price, burning that kind of gas is going to dent the pocket. It's your right as an American to buy all the gas you want and use it as you please, but your complaining about it is pretty lame.

I may not be following your math here, but I went from Memphis to Starkville Mississippi this weekend and just filled back up. There and back I did about 400 miles and spent $40 filling up and filled up again for roughly $40 last night (thank God for 10 cents off a Kroger). So it is 1500 miles from NY to LA? BTW, I got about 29 mpg.

uofmcamaro Wrote:

bubbapt Wrote:

BaylorTigerFan Wrote:It's bad. Over $300 for gas for a day of skiing on Pickwick including the drive up and back.

You burned 100 gallons of gas doing this?

If you drove from New York to LA in a car getting 20 miles per gallon, you'd burn 150 gallons of gas, and spend $450 at $3 per gallon. And that's pretty lousy mileage.

I think the shocking thing here is that you could have burned that kind of gas to travel a couple hundred miles by highway, then burn, what, 50, 75 gallons or so on the lake. I used to ski a lot, and my boat burned about six gallons of gas over a whole day. We might have to refuel once.

In any case, if it was $2 per gallon, you would have spent $200. If it was only a dollar a gallon, you would have spent $100. At any price, burning that kind of gas is going to dent the pocket. It's your right as an American to buy all the gas you want and use it as you please, but your complaining about it is pretty lame.

I may not be following your math here, but I went from Memphis to Starkville Mississippi this weekend and just filled back up. There and back I did about 400 miles and spent $40 filling up and filled up again for roughly $40 last night (thank God for 10 cents off a Kroger). So it is 1500 miles from NY to LA? BTW, I got about 29 mpg.

It's about 3,000 miles from NY to LA.

20 miles per gallon x 150 gallons = 3,000 miles.

150 gallons x $3 per gallon = $450.

If you get 30 miles per gallon, then you'll use 100 gallons to get across the US (30x100=3,000). That will only you $300.

He's saying that he used as much gas in one day skiing at Pickwick ($300 worth) to drive nearly across the US.

bubbapt Wrote:

BaylorTigerFan Wrote:It's bad. Over $300 for gas for a day of skiing on Pickwick including the drive up and back.

You burned 100 gallons of gas doing this?

If you drove from New York to LA in a car getting 20 miles per gallon, you'd burn 150 gallons of gas, and spend $450 at $3 per gallon. And that's pretty lousy mileage.

I think the shocking thing here is that you could have burned that kind of gas to travel a couple hundred miles by highway, then burn, what, 50, 75 gallons or so on the lake. I used to ski a lot, and my boat burned about six gallons of gas over a whole day. We might have to refuel once.

In any case, if it was $2 per gallon, you would have spent $200. If it was only a dollar a gallon, you would have spent $100. At any price, burning that kind of gas is going to dent the pocket. It's your right as an American to buy all the gas you want and use it as you please, but your complaining about it is pretty lame.

Ever buy gas at a marina, lol, boats get really bad gas mileage

My family and I walked to the store yesterday to get the few things needed for burgers. We also walked to the bookstore to get some books for the beach next week. Just use those legs baby! Took the car to church this weekend and that's about it.