Londo_Jowo
Lifer
Please provide proof of this claim. I find it hard to believe that any US oil company would sell their product at a huge loss.
- Status
Please provide proof of this claim. I find it hard to believe that any US oil company would sell their product at a huge loss.
He has never backed up outrageous claims before - why would expect now?
Best that could happen is that his post gets modified by a Moderator.
He will not get censored for outright deceptions/lies.
Meghan54
Lifer
- Oct 18, 2009
- 11,684
- 5,228
- 136
Hell, I know I'm on his ignore list, but only when I repeatedly asked him how we force the oil companies to produce .50/gal gasoline, like he used to advocate in his sig, which he removed when he just couldn't rationally come up with an answer.
But what do you expect from a thief?
But what do you expect from a thief?
The amazing phenomenon of the oil thugs never seizes to amaze.
Gas went down a whopping 3 cents today.
They always jack it up 30 cents overnight but only take pennies off over weeks.
Gas went down a whopping 3 cents today.
They always jack it up 30 cents overnight but only take pennies off over weeks.
MagickMan
Diamond Member
- Aug 11, 2008
- 7,460
- 3
- 76
He's a lying troll, nothing he says can be taken seriously. The entire basis for this thread is to deceive. :\
Went up $0.30 on Monday; Down already $0.10 last night.
speculation/rumor/gossip - panic at bad news spread by others :thumbsdown:
Yet at Sam's club; the price did not jump at all.
Londo_Jowo
Lifer
Where I live the prices move slowly in both directions the highest spike I've seen is $0.10/gal. It's taken almost 3 months for the price to go up $0.30/gal.
I paid $3.33/gal this morning.
Consider yourself lucky, my last fill-up was @$3.75, most stations around here, (central FL) are around $3.81. Last time it got over $4 I saw people in SUV's and large trucks going around in the summer heat/humidity with the windows down trying to save $$ by not running the AC..
Meghan54
Lifer
- Oct 18, 2009
- 11,684
- 5,228
- 136
Hey Dave,
Since you've obviously have missed my question over and over, since you didn't answer it when you posted your most recent article and replaced the rhetoric quoted below back into your sig (which you quietly removed when I asked this before), I'll ask again.
I have a question......when you say this: "...they should be forced to lower the price", exactly how would you accomplish that? Nationalize all the gas and oil companies in the U.S., something like Venezuela did? Or put price controls on gas and oil prices within the U.S., which completely ignores the world price of gas and oil?
What is your solution? You demand prices get dropped for gasoline, yet I don't see a solution proposed. Outside of government intervention and control of that industry, I don't see how the oil industry will be forced to do a darned thing. And that's what you're advocating, right?
Since you've obviously have missed my question over and over, since you didn't answer it when you posted your most recent article and replaced the rhetoric quoted below back into your sig (which you quietly removed when I asked this before), I'll ask again.
I have a question......when you say this: "...they should be forced to lower the price", exactly how would you accomplish that? Nationalize all the gas and oil companies in the U.S., something like Venezuela did? Or put price controls on gas and oil prices within the U.S., which completely ignores the world price of gas and oil?
What is your solution? You demand prices get dropped for gasoline, yet I don't see a solution proposed. Outside of government intervention and control of that industry, I don't see how the oil industry will be forced to do a darned thing. And that's what you're advocating, right?
Londo_Jowo
Lifer
The main reason it's normally cheaper here is there's 16 refineries within a 100 mile radius of Houston. Relatively no transportation costs and low state gas taxes.
alkemyst
No Lifer
- Feb 13, 2001
- 83,769
- 19
- 81
4-25-2014
http://www.bloomberg.com/news/2014-...won-t-be-getting-any-cheaper-.html?cmpid=yhoo
Keystone Weirdonomics Means Gas Prices Wont Be Getting Any Cheaper
Canadian Prime Minister Stephen Harper missed the signs of growing opposition to the proposed Keystone XL pipeline, Bloomberg reporters describe in a behind-the-scenes investigation today. It took just one phone call with President Obama, on Nov. 10, 2011, to bring him up to speed.
Keystone opposition has been shocking to many Americans, too. The worlds biggest oil consumer relies on some of the worlds cheapest gas prices to power its economy. How could the U.S. possibly turn down a new artery to deliver the stuff, even if it does come with new environmental risks?
The answer is that Keystone isnt meant for U.S. consumption.
In Keystones weirdonomics, the pipeline would actually increase prices of gasoline for much of the country
Keystone would divert crude from Midwest refineries to Gulf Coast refineries, where it would then be shipped to more expensive markets.
Bypassing heartland refineries could drive up prices at home.
The Canadian plan was to use their market power to raise prices in the United States (UNG) and get more money from consumers, Philip Verleger, founder of Colorado-based energy consulting firm PK Verleger LLC, said in an interview. Canadian oil producers like Exxon and Suncor would be the real winners, not American consumers.
Increases at the pump could range from 25 cents to 40 cents a gallon, depending on how regional refineries respond to paying $20 to $30 more per 42-gallon barrel for Canadian crude oil.
KXL will divert Tar Sands oil now supplying Midwest refineries, so it can be sold at higher prices to the Gulf Coast and export markets. These additional costs (estimated to total $24 billion) will suppress other spending and will therefore cost jobs.
Theres much at stake over Obamas Keystone decision, which the administration again delayed last week. Building the pipeline would create 3,900 temporary construction jobs (50 permanent jobs) and contribute $3.4 billion in economic growth. It would also add to the threat of climate change by speeding up production of oil-sands crude, which is about 17 percent more carbon-intensive than the conventional barrel.
One thing thats not at stake: cheaper gas prices.
http://www.bloomberg.com/news/2014-...won-t-be-getting-any-cheaper-.html?cmpid=yhoo
Keystone Weirdonomics Means Gas Prices Wont Be Getting Any Cheaper
Canadian Prime Minister Stephen Harper missed the signs of growing opposition to the proposed Keystone XL pipeline, Bloomberg reporters describe in a behind-the-scenes investigation today. It took just one phone call with President Obama, on Nov. 10, 2011, to bring him up to speed.
Keystone opposition has been shocking to many Americans, too. The worlds biggest oil consumer relies on some of the worlds cheapest gas prices to power its economy. How could the U.S. possibly turn down a new artery to deliver the stuff, even if it does come with new environmental risks?
The answer is that Keystone isnt meant for U.S. consumption.
In Keystones weirdonomics, the pipeline would actually increase prices of gasoline for much of the country
Keystone would divert crude from Midwest refineries to Gulf Coast refineries, where it would then be shipped to more expensive markets.
Bypassing heartland refineries could drive up prices at home.
The Canadian plan was to use their market power to raise prices in the United States (UNG) and get more money from consumers, Philip Verleger, founder of Colorado-based energy consulting firm PK Verleger LLC, said in an interview. Canadian oil producers like Exxon and Suncor would be the real winners, not American consumers.
Increases at the pump could range from 25 cents to 40 cents a gallon, depending on how regional refineries respond to paying $20 to $30 more per 42-gallon barrel for Canadian crude oil.
KXL will divert Tar Sands oil now supplying Midwest refineries, so it can be sold at higher prices to the Gulf Coast and export markets. These additional costs (estimated to total $24 billion) will suppress other spending and will therefore cost jobs.
Theres much at stake over Obamas Keystone decision, which the administration again delayed last week. Building the pipeline would create 3,900 temporary construction jobs (50 permanent jobs) and contribute $3.4 billion in economic growth. It would also add to the threat of climate change by speeding up production of oil-sands crude, which is about 17 percent more carbon-intensive than the conventional barrel.
One thing thats not at stake: cheaper gas prices.
gas prices in the Boston area have jumped 17c in about a week and a half to $3.65 by me, one station has $3.68 listed, so I assume all the others will adjust by the time I finish this sentence.
master_shake_
Diamond Member
- May 22, 2012
- 6,425
- 292
- 121
MtnMan
Diamond Member
- Jul 27, 2004
- 9,420
- 8,823
- 136
The amount of gas is fictional, the board room decides how much is available, and if profits are down, hold some back, jack the price and screw the public, again.
shady28
Platinum Member
- Apr 11, 2004
- 2,520
- 397
- 126
Originally Posted by Zaap 
I couldn't tell you what gas costs here currently.
Filled my tank in January. Driven 2300 miles since. Still at half a tank.
Plug-in hybrid FTW!
I'm never wasting money with a gas-wasting non-hybrid ever again.
Obviously a Big Wheel
I couldn't tell you what gas costs here currently.
Filled my tank in January. Driven 2300 miles since. Still at half a tank.
Plug-in hybrid FTW!
I'm never wasting money with a gas-wasting non-hybrid ever again.
Obviously a Big Wheel
IIRC "Mythbusters" did a test and rolling down the windows didn't increase drag enough to decrease MPG more than running the AC does. Keep in mind cars have a fairly powerful AC system in place, it has to overcome hot interiors, hot dashboards, and still cool effectively. I drove a 1,8L Escort for awhile, clicking the AC button was almost like an extra E-brake LOL, I had to turn it off on on-ramps, it was that bad..
Like I said these thugs should be charged as criminals.
4-27-2014
http://247wallst.com/energy-business/2014/04/27/gasoline-price-hikes-maintain-upward-pace/
Gasoline Price Hikes Maintain Upward Pace
In the past four weeks, U.S. [COLOR=#0033ff !important][FONT=inherit !important][COLOR=#0033FF ! important][FONT=inherit ! important]crude [/FONT][COLOR=#0033FF ! important][FONT=inherit ! important]oil[/FONT][/COLOR][/FONT][/COLOR][/COLOR] inventories have risen by a total of more than 15 million barrels.
As of the April 18, U.S. commercial crude stockpiles totaled nearly 398 million barrels, the highest level ever recorded since the Energy Information Administration began keeping weekly records in 1982 and may be at a level not seen in monthly records since 1931.
But costs are also rising because many Gulf Coast refineries added capability over the past several years to refine cheaper, lower grade crude oil. The light crudes that come from North Dakota and Texas are more costly because they take less effort to refine into gasoline. The heavier, more sour crudes from Saudi Arabia and Venezuela are much cheaper and can be refined more cheaply into diesel fuel which commands a premium price both in the U.S. and abroad.
Refiners are also able to export refined products while producers cannot export crude. To get around that restriction, some integrated oil companies have begun to process crude into condensate products that meet the definition of a refined product and may thus be exported.
This has kept the supply of gasoline in the U.S. relatively tight and contributed to the higher gasoline prices.
Crude oil inventories wont fall until refiners have some incentive to process the lighter U.S. crudes. And incentives generally are defined as higher prices for the refined products or lower prices for the feedstock. So far, neither has occurred.
4-27-2014
http://247wallst.com/energy-business/2014/04/27/gasoline-price-hikes-maintain-upward-pace/
Gasoline Price Hikes Maintain Upward Pace
In the past four weeks, U.S. [COLOR=#0033ff !important][FONT=inherit !important][COLOR=#0033FF ! important][FONT=inherit ! important]crude [/FONT][COLOR=#0033FF ! important][FONT=inherit ! important]oil[/FONT][/COLOR][/FONT][/COLOR][/COLOR] inventories have risen by a total of more than 15 million barrels.
As of the April 18, U.S. commercial crude stockpiles totaled nearly 398 million barrels, the highest level ever recorded since the Energy Information Administration began keeping weekly records in 1982 and may be at a level not seen in monthly records since 1931.
But costs are also rising because many Gulf Coast refineries added capability over the past several years to refine cheaper, lower grade crude oil. The light crudes that come from North Dakota and Texas are more costly because they take less effort to refine into gasoline. The heavier, more sour crudes from Saudi Arabia and Venezuela are much cheaper and can be refined more cheaply into diesel fuel which commands a premium price both in the U.S. and abroad.
Refiners are also able to export refined products while producers cannot export crude. To get around that restriction, some integrated oil companies have begun to process crude into condensate products that meet the definition of a refined product and may thus be exported.
This has kept the supply of gasoline in the U.S. relatively tight and contributed to the higher gasoline prices.
Crude oil inventories wont fall until refiners have some incentive to process the lighter U.S. crudes. And incentives generally are defined as higher prices for the refined products or lower prices for the feedstock. So far, neither has occurred.
i suppose we will pay much more thanks to our foolish government which ruins our economy
The number one thing is we are subsidizing Latin America.
Americans are paying Latin Americans to drive.
They get gas for 25 cents a gallon because Americans are paying close to $4
4-28-2014
http://wallstcheatsheet.com/persona...rices-could-go-up-this-summer.html/?a=viewall
4 Reasons Why Gas Prices Could Go Up This Summer
Exports are up about 25 percent over the past year alone.
Gasoline exports in particular have been on the rise. In January 2014, according to the EIA, the U.S. exported 529,000 barrels of finished gasoline per day. Compare this against the 100,000 to 200,000 barrels exported per day exported between 1995 and 2009. Moreover, Energy Security Analysis, Inc., estimates that the U.S. will become a net exporter of gasoline as early as next year.
We think theres definitely an impact on gasoline prices, especially coming from the exports to Latin America, John Galante, an analyst with Energy Security Analysis Inc., told NPR.
If there were no pull coming from Latin America, then prices would be really favorable in the U.S.
Americans are paying Latin Americans to drive.
They get gas for 25 cents a gallon because Americans are paying close to $4
4-28-2014
http://wallstcheatsheet.com/persona...rices-could-go-up-this-summer.html/?a=viewall
4 Reasons Why Gas Prices Could Go Up This Summer
Exports are up about 25 percent over the past year alone.
Gasoline exports in particular have been on the rise. In January 2014, according to the EIA, the U.S. exported 529,000 barrels of finished gasoline per day. Compare this against the 100,000 to 200,000 barrels exported per day exported between 1995 and 2009. Moreover, Energy Security Analysis, Inc., estimates that the U.S. will become a net exporter of gasoline as early as next year.
We think theres definitely an impact on gasoline prices, especially coming from the exports to Latin America, John Galante, an analyst with Energy Security Analysis Inc., told NPR.
If there were no pull coming from Latin America, then prices would be really favorable in the U.S.
- Status
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