Got Gas? U.S. Economy to Worsen as Gas Prices Skyrocket

Page 117 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

shiner

Lifer
Jul 18, 2000
17,112
1
0
I knew you hate America and now know no doubt you are a 1%er

You're the one who hates this country and wants it to turn into Somalia. Me? I love this country. Even with all its imperfections it is still the greatest country in the world. You should love it to since it gave birth to the Twinkie.

1%? No, but I'm part of the 2%.

As always, my offer to send you on a 1 way trip to Somalia still stands. Just tell me which airport you would like your tickets to be waiting on you.
 

shiner

Lifer
Jul 18, 2000
17,112
1
0
Nice rig.

Thanks....looks even better parked.

DSCF2002.JPG


;)
 

Svnla

Lifer
Nov 10, 2003
17,986
1,388
126
The local Valero gas station's price has been up and down like crazy for the last two weeks. From $3.29 to $3.34 to $3.65 then down to $3.54 today.
 

shadow9d9

Diamond Member
Jul 6, 2004
8,132
2
0
You're the one who hates this country and wants it to turn into Somalia. Me? I love this country. Even with all its imperfections it is still the greatest country in the world. You should love it to since it gave birth to the Twinkie.

1%? No, but I'm part of the 2%.

As always, my offer to send you on a 1 way trip to Somalia still stands. Just tell me which airport you would like your tickets to be waiting on you.

Wrapping yourself in the flag and declaring the country you live in as the greatest in the world just shows how off base you are.

My religion is best because I was born into it.

The rich are great because I am one of them.
 
Oct 30, 2004
11,442
32
91
Do you have to apply for a bank loan before you fill that up? It looks like a lot of fun. Enjoy it before the prices go even higher. Have you thought about selling it while you still can?


If it will make your head explode I'll let you watch me fill this up.

100_0164.JPG
 
Last edited:
Oct 30, 2004
11,442
32
91
The local Valero gas station's price has been up and down like crazy for the last two weeks. From $3.29 to $3.34 to $3.65 then down to $3.54 today.

I just returned from the grocery store and I could swear that between the time I entered and left, the price on the electronic sign at the store's gas station jumped up ten cents.
 

shadow9d9

Diamond Member
Jul 6, 2004
8,132
2
0
Looks like you're jealous that an American is living the American dream. Stop hating Americans.

Is part of the american dream to supply dictators in the ME with endless money so we can gorge ourselves on oil, then getting annoyed when their ignorant and oppressed people attack us, and then start wars and occupations while continue to guzzle oil?
 

chucky2

Lifer
Dec 9, 1999
10,018
37
91
It's the same answer as Everyone buying cheap produce while rich businesspeople exploit poor illegal workers: Yes.
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
Do you have to apply for a bank loan before you fill that up? It looks like a lot of fun. Enjoy it before the prices go even higher. Have you thought about selling it while you still can?
The wealth required for a vehicle like that is such that gas prices are not a substantial part of his income. Gas, like a tax on cigarettes, doesn't track up with your income (as you know), so if he's making $250k/year (isn't that around 2%?) gas just isn't all that relevant. I'm sure that thing guzzles gas like a mother@*#$er, though. High gas prices just really don't matter for the well to do anymore than $7 gallon milk would.
Is part of the american dream to supply dictators in the ME with endless money so we can gorge ourselves on oil, then getting annoyed when their ignorant and oppressed people attack us, and then start wars and occupations while continue to guzzle oil?
Partly, it seems.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Is part of the american dream to supply dictators in the ME with endless money so we can gorge ourselves on oil, then getting annoyed when their ignorant and oppressed people attack us, and then start wars and occupations while continue to guzzle oil?

Maybe we should be drilling for more oil on US soil and working with our ally to the north to get oil from them.
 

HomerJS

Lifer
Feb 6, 2002
38,869
31,957
136
That is funny. Homer now claims that an increase in U.S. field production oil is because of Obama, even when it was going up before he became president. It must be magic or the spew from a partisan hack. Too bad you can't run a car on spew.

What's also funny is I never said or hinted that. In case u didn't know Obama wasn't in office until Jan 09. My point was Obama has done nothing to stifle oil production like the rabies infected GOP attack dogs are claiming.
 
Last edited:

shiner

Lifer
Jul 18, 2000
17,112
1
0
Wrapping yourself in the flag and declaring the country you live in as the greatest in the world just shows how off base you are.

My religion is best because I was born into it.

The rich are great because I am one of them.

Yeah, because loving your country is a bad thing. Show me a country that has done more for its citizenry and the world than the United States. Do we have our flaws, sure, but you cannot deny the fact that the United States has been a force for good in the world. Do we fuck up and do stupid self serving shit? Sure, but so does everyone else.
 

shiner

Lifer
Jul 18, 2000
17,112
1
0
Do you have to apply for a bank loan before you fill that up? It looks like a lot of fun. Enjoy it before the prices go even higher. Have you thought about selling it while you still can?

No and no. My wife owns her own home health/health care supply business that does very well and I have a good job that most of the time I enjoy.

Here is the part that will kill Dave, my family owns oil and gas wells as well as a petroleum products distribution business and a propane business.

Has Dave's head exploded yet? :D



We are very fortunate to have the life we do.
 

monovillage

Diamond Member
Jul 3, 2008
8,444
1
0
I hate to rain on your delusion but...

as mention in an article earlier


Oil production.
us-oil-prod-2000-to-2011.bmp

Notice how it has been steadily climbing since 2008. So much for blame Obama. Republicans are keeping up the manta of drill baby drill. They forget to tell people we are participants in the world oil market. US production isn't the problem either.

Here's the problem, something I've been bitching about for over 5 years, speculators. That 1% who do nothing but make money off money and don't product an actual product.

Found out only 1/3 of participants on the oil commodities market are actual end users of oil. The other 2/3s are banks and oil contract speculators. These people smell blood because of tensions in the Middle East buying up oil futures/contracts driving up the price. The real end users of oil are forced to get in in an attempt to limit their future costs due to rising contract prices. Meanwhile the oil companies take advantage twice by their extra profit on those contracts and by raising gas prices in advance of the added cost of oil.

Meanwhile who gets screwed by this, middle class and poorer people. Great scam where the 1% can siphon off money from the 99%.

We need to get non end users of oil out of the commodities market.

BTW - Anyone mention how Republicans are in favor of Isreal attacking Iran now which could raise the price of gas to $7/gal.


OK
 

The-Noid

Diamond Member
Nov 16, 2005
3,117
4
76
Oil getting woodshedded today. @ 1:55ET
April Brent @ 121.66 (Lows of Day) -$2.50
April WTI @ 106.47 (Lows of Day) -$2.05

Dollar also down on day. Spec unwind or imminent margin increase?

Edit: Story circulating that IAEA will be allowed back into Iran. Story posted at about 1:51ET.
 
Last edited:

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,396
8,559
126
Maybe we should be drilling for more oil on US soil and working with our ally to the north to get oil from them.

there are more rigs working the US right now than in the rest of the world combined.

so there really isn't that much more to do.

also, the southern extension for the pipeline from cushing to houston is being built (doesn't require further permits, apparently) and it is widely expected by anyone with a whit of intelligence that the cross border portion will be approved sometime after the election.

edit: i see you've posted part of that.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally Posted by WhipperSnapper
Do you have to apply for a bank loan before you fill that up? It looks like a lot of fun. Enjoy it before the prices go even higher. Have you thought about selling it while you still can?


No and no. My wife owns her own home health/health care supply business that does very well and I have a good job that most of the time I enjoy.

Here is the part that will kill Dave, my family owns oil and gas wells as well as a petroleum products distribution business and a propane business.

Has Dave's head exploded yet? :D

We are very fortunate to have the life we do.

No it hasn't exploded. You are just another 1%er that has come out of the closet as many have recently.

Based on your posts and obvious hatred towards me over the years the 1% is not a surprise.