Gas Thread:8-22-07 Gas stations owners file lawsuit alleging price fixing by Saudi owned Refiners in U.S.

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WiseOldDude

Senior member
Feb 13, 2005
702
0
0
I guarantee you the gas terminals (da place with the great big tanks) are full to the top. The shortage now, as after Katrina is manufactured and solely for the purpose of raising the price well over $3. When the price get to where they want it, no more shortage.

And with an oil whore in the Whitehorse there ain't a damn thing that can be done about it.
 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: WiseOldDude
I guarantee you the gas terminals (da place with the great big tanks) are full to the top. The shortage now, as after Katrina is manufactured and solely for the purpose of raising the price well over $3. When the price get to where they want it, no more shortage.

And with an oil whore in the Whitehorse there ain't a damn thing that can be done about it.

Well the problem seems to be with ethanol, not oil. The tankes are having to be scrubbed clean so they can hold ethanol. Ethanol apparently does not appear to like pipelines either as it picks up condensation which it bonds fairly easily with.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: charrison
Originally posted by: WiseOldDude
I guarantee you the gas terminals (da place with the great big tanks) are full to the top. The shortage now, as after Katrina is manufactured and solely for the purpose of raising the price well over $3. When the price get to where they want it, no more shortage.

And with an oil whore in the Whitehorse there ain't a damn thing that can be done about it.

Well the problem seems to be with ethanol, not oil. The tankes are having to be scrubbed clean so they can hold ethanol. Ethanol apparently does not appear to like pipelines either as it picks up condensation which it bonds fairly easily with.

You have to kidding again.

You do realize that the entire system has been configured for Ethanol since the late 70's??? :confused:

As part of our ongoing strategy to expand distribution capabilities nationwide, we purchased a 45 percent interest in eight petroleum products terminals in the southeastern United States.
 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: dmcowen674
Originally posted by: charrison
Originally posted by: WiseOldDude
I guarantee you the gas terminals (da place with the great big tanks) are full to the top. The shortage now, as after Katrina is manufactured and solely for the purpose of raising the price well over $3. When the price get to where they want it, no more shortage.

And with an oil whore in the Whitehorse there ain't a damn thing that can be done about it.

Well the problem seems to be with ethanol, not oil. The tankes are having to be scrubbed clean so they can hold ethanol. Ethanol apparently does not appear to like pipelines either as it picks up condensation which it bonds fairly easily with.

You have to kidding again.

You do realize that the entire system has been configured for Ethanol since the late 70's??? :confused:

As part of our ongoing strategy to expand distribution capabilities nationwide, we purchased a 45 percent interest in eight petroleum products terminals in the southeastern United States.

Replace entire with some and you are probably right.
 

LcarsSystem

Senior member
Mar 13, 2006
691
0
0
Originally posted by: marvdmartian
Ya know, I hear about $4 a gallon in Cali, and I feel for you guys, I really do! I would likely buy a horse if I had to pay that sort of money for gasoline!! :frown:

However, has anyone in California approached their state legislators, and suggested maybe a tax break is due on gasoline, to help out the price gouged consumer? I was stationed in Cali, from 82 to 90, and lived there an addition 2 years until I moved out of the state, and I remember the good old days of cheap gasoline in California. When I first moved to Modesto in 88, the AM/PM mini mart Arco station down the street had regular leaded gasoline for 52 cents a gallon, regular unleaded gasoline for 63 cents a gallon, and super unleaded for 75 cents a gallon!

Then LA had a big quake in late 88 or early 89 (don't remember), and the Loma Prieta quake hit the SF Bay area in 89, and the government of California decided that in order to help pay for all the billions in damages they had to fix, they were going to add 25 cents a gallon to the price of gasoline, "but only until the earthquake damage is paid off, then we'll take that extra tax off". Who wants to bet that 17 years later, that extra quarter tax is still being assessed on gasoline, even tho that earthquake damage has been paid for 5 time over?? Gosh, why would the government do that? Maybe because there's millions of gallons of gas sold in the state every year, and that money is just too good for them to resist NOT collecting it???

Let's face it, governments will stick it to you one way or the other, and the California legislature is no exception. And chances are that if you forced them to remove that gas tax, they'd nail you some other way (increase the sales tax, most likely) before too long. Add to that the fact that "sin taxes" on cigarettes, booze and gasoline are some of the BEST revenue makers for any government to make money with, and we get stuck with it, time and time again.

Sadly, we keep voting for these dishonest thieves every couple years, don't we?? :roll:


We have too many problems with our state budget as it is, I can't imagine what a tax break would do to setting us back even further, that and Arnold totally sucks.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
4-22-2006 Now Bush Says We Should Be Using Hydrogen-Powered Cars

WEST SACRAMENTO, Calif. - President Bush had an Earth Day message for drivers worried about soaring gasoline prices: The nation must move more quickly toward widespread use of hydrogen-powered cars.

Bush, who was met by handful of protesters, checked out several fuel cell vehicles and a hydrogen fueling station. "It's important what we're doing here because we got a real problem when it comes to oil," he said.

"I understand the folks here, as well as in other parts of the country are paying high gas prices," Bush said. "We're going to have a tough summer."
 

catnap1972

Platinum Member
Aug 10, 2000
2,607
0
76
Originally posted by: dmcowen674
4-22-2006 Now Bush Says We Should Be Using Hydrogen-Powered Cars

WEST SACRAMENTO, Calif. - President Bush had an Earth Day message for drivers worried about soaring gasoline prices: The nation must move more quickly toward widespread use of hydrogen-powered cars.

Bush, who was met by handful of protesters, checked out several fuel cell vehicles and a hydrogen fueling station. "It's important what we're doing here because we got a real problem when it comes to oil," he said.

Yeah--the poor oil companies are teetering on the brink of bankruptcy as it is :roll:

"I understand the folks here, as well as in other parts of the country are paying high gas prices," Bush said. "We're going to have a tough summer."

Who's "we"? He'll be eating steak while the rest of us will be eating dirt.

Or is he finally admitting that the GOP is in a steaming pile of poop and will be out in the gutter come November?

 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
No stations left in California under $3 many areas are over $4

Californians say they like the higher prices.

4-23-2006 Gas price average tops $3 in California

The average price for a gallon of regular gas in California hit $3.015 Thursday

California on Thursday became the first state in the continental USA to see average gasoline prices go above $3 a gallon in 2006, while the price at the pump in Los Angeles hit an all-time high.

Alfredo Zapata, who owns a personal-training business in Los Angeles, says he thinks people are getting used to the higher prices.

"A lot of people like to talk about it, but for the most part, the show must go on," Zapata, 43, says.


 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
i can already see it impacting places around here, we have A LOT less traffic at my place of work(retail company) because no one wants to drive anywhere (hence, no one spends money anywhere)
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: BriGy86
i can already see it impacting places around here, we have A LOT less traffic at my place of work(retail company) because no one wants to drive anywhere (hence, no one spends money anywhere)

Really?

The resident Republicans in here say that's not possible and can't be happening.

You see the articles with people saying they like the higher prices.

Who is lying???
 

BoomerD

No Lifer
Feb 26, 2006
66,570
14,972
146
Originally posted by: marvdmartian

Then LA had a big quake in late 88 or early 89 (don't remember), and the Loma Prieta quake hit the SF Bay area in 89, and the government of California decided that in order to help pay for all the billions in damages they had to fix, they were going to add 25 cents a gallon to the price of gasoline, "but only until the earthquake damage is paid off, then we'll take that extra tax off". Who wants to bet that 17 years later, that extra quarter tax is still being assessed on gasoline, even tho that earthquake damage has been paid for 5 time over?? Gosh, why would the government do that? Maybe because there's millions of gallons of gas sold in the state every year, and that money is just too good for them to resist NOT collecting it???

Actually Marv, they NEVER did add that 25 cent tax. It was voted down time after time...they DID however add .25% to the sales tax rate for a couple of years...but that DID finally end a while back.
It's been suggested several times that the collection of state taxes be suspended during these price spikes, and so far, it's been shot down, by Democrat and Republican governors both...I haven't seen any rush by the feds to suspend THEIR taxes on gasoline either...

 

BoomerD

No Lifer
Feb 26, 2006
66,570
14,972
146
Yep, use Gasbuddy.com, and you'll see that many places are still under $3.00, but I doubt they will stay there long. By Memorial Day, (If things keep going at the rate they are, we'll be looking at $3.50/ gal EASY...maybe more.
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: dmcowen674
Originally posted by: BriGy86
i can already see it impacting places around here, we have A LOT less traffic at my place of work(retail company) because no one wants to drive anywhere (hence, no one spends money anywhere)

Really?

The resident Republicans in here say that's not possible and can't be happening.

You see the articles with people saying they like the higher prices.

Who is lying???

im going to assume you agree with my point of view (let me know if im wrong)

why would anyone like the high gas prices?

and as far as "the resident republicans", not all of them think alike, just keep in mind that there are exceptions to everything
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: BriGy86
Originally posted by: dmcowen674
Originally posted by: BriGy86
i can already see it impacting places around here, we have A LOT less traffic at my place of work(retail company) because no one wants to drive anywhere (hence, no one spends money anywhere)

Really?

The resident Republicans in here say that's not possible and can't be happening.

You see the articles with people saying they like the higher prices.

Who is lying???

im going to assume you agree with my point of view (let me know if im wrong)

why would anyone like the high gas prices?

and as far as "the resident republicans", not all of them think alike, just keep in mind that there are exceptions to everything

You assumed wrong.

The Republicans insist that the higher prices make the Economy stronger.

It's working for Exxon.

Maybe the Republicans think Exxon will "trickle down" their profits like they believe the rich trickle down thier tax breaks??? <shrugs>
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Whoozyerdaddy
No stations in California under $3, Californians say they like the higher prices.

Once again... dave is FOS
But like I said earlier... why let reality get in the way of a hysterical dmcowan674 post?

Bahahahaha you linked to a site that typically behind in it's prices.

My link is to an article featuring Lumberg survey:

Gas Prices Climb Sharply, Survey Finds

CAMARILLO, Calif. - Retail gas prices across the country jumped an average of nearly a quarter per gallon in the past two weeks, according to a survey released Sunday.

Self-serve regular averaged $2.91 a gallon, up from $2.67 two weeks ago, said Trilby Lundberg, who publishes the nationwide Lundberg Survey of 7,000 gas stations.

Among the stations surveyed, the lowest average price in the country for regular unleaded was in Boise, Idaho, at $2.54 a gallon.

Drivers in San Diego were paying the most for gas, at an average of $3.12 a gallon for regular.
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: dmcowen674

You assumed wrong.

The Republicans insist that the higher prices make the Economy stronger.

It's working for Exxon.

Maybe the Republicans think Exxon will "trickle down" their profits like they believe the rich trickle down thier tax breaks??? <shrugs>

i ment more along the lines that high gas prices are hurting businesses, not just because it will cost more to ship stuff, but because they will get less customers because people are less willing to drive more.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: BriGy86
Originally posted by: dmcowen674

You assumed wrong.

The Republicans insist that the higher prices make the Economy stronger.

It's working for Exxon.

Maybe the Republicans think Exxon will "trickle down" their profits like they believe the rich trickle down thier tax breaks??? <shrugs>

i ment more along the lines that high gas prices are hurting businesses, not just because it will cost more to ship stuff, but because they will get less customers because people are less willing to drive more.

No, not hurting businesses either.

They have easy excuse to raaise prices for even higher profits.
 
Jun 27, 2005
19,216
1
61
Originally posted by: dmcowen674
Originally posted by: Whoozyerdaddy
No stations in California under $3, Californians say they like the higher prices.

Once again... dave is FOS
But like I said earlier... why let reality get in the way of a hysterical dmcowan674 post?

Bahahahaha you linked to a site that typically behind in it's prices.

My link is to an article featuring Lumberg survey:

Gas Prices Climb Sharply, Survey Finds

CAMARILLO, Calif. - Retail gas prices across the country jumped an average of nearly a quarter per gallon in the past two weeks, according to a survey released Sunday.

Self-serve regular averaged $2.91 a gallon, up from $2.67 two weeks ago, said Trilby Lundberg, who publishes the nationwide Lundberg Survey of 7,000 gas stations.

Among the stations surveyed, the lowest average price in the country for regular unleaded was in Boise, Idaho, at $2.54 a gallon.

Drivers in San Diego were paying the most for gas, at an average of $3.12 a gallon for regular.
Gee Dave, my link (which is actually YOUR link) shows that those prices were reported as long ago as this morning.

1. San Diego is not all of California
2. Average price does not mean that every station is that price (some are higher, some are lower... that's how you get an average)
3. Once again your thread title is BS as proven in your own link.
 

Slew Foot

Lifer
Sep 22, 2005
12,379
96
86
San Diegans pay more for gas since illegal immigrants buy it all up to fuel their lawnmowers. :)

Seriously, if someone stated that illegal immigrants were the cause of high gas prices, you'd see Americans rounding them up like there was no tomorrow to ship them across the border.
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: dmcowen674
Originally posted by: BriGy86
Originally posted by: dmcowen674

You assumed wrong.

The Republicans insist that the higher prices make the Economy stronger.

It's working for Exxon.

Maybe the Republicans think Exxon will "trickle down" their profits like they believe the rich trickle down thier tax breaks??? <shrugs>

i ment more along the lines that high gas prices are hurting businesses, not just because it will cost more to ship stuff, but because they will get less customers because people are less willing to drive more.

No, not hurting businesses either.

They have easy excuse to raaise prices for even higher profits.

i still think it hurts business to a certain extent, i work at an electronics store, and people do not need electronics to live, like food and water, so if our prices go up its not like people will just continue to buy in mass numbers and are willing to pay a little more
 

tw1164

Diamond Member
Dec 8, 1999
3,995
0
76
Bush orders probe into high gas prices

WASHINGTON (AFX) -
US President George W. Bush has asked US authorities to launch inquiries into possible illegal manipulation in the gasoline markets amid concerns over steep prices at the pump in the United States, the White House said.

At Bush's direction, 'the Federal Trade Commission is investigating whether the price of gasoline has been unfairly manipulated in any way since the hurricanes struck last year,' White House spokesman Scott McClellan said, according to Agence France-Presse.

'And also he's directed (the) Department of Energy and Department of Justice to conduct inquiries into possible cheating or illegal manipulation in the gasoline markets,' McClellan said.

'I think you all heard the president say very clearly that we will not tolerate price gouging,' he added.


He heard your cries!
 

Chadder007

Diamond Member
Oct 10, 1999
7,560
0
0
And again.....Congress is looking into the wrong thing. There is no Price "Gouging" and they know it, organized Price "Fixing" is what needs to be investigated.
 

BriGy86

Diamond Member
Sep 10, 2004
4,537
1
91
Originally posted by: Chadder007
And again.....Congress is looking into the wrong thing. There is no Price "Gouging" and they know it, organized Price "Fixing" is what needs to be investigated.

whats the difference?

(really i'd like to know)