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

[dmcowen674]

Originally Posted by dmcowen674
Exactly and something they should know how to do by now without incompetence and excuses but clearly that is not the case.

Has to be the faulty equipment, installations and incompetent service you provide.

The service business is extremely competitive, if the refineries aren't seeing reliability of their equipment they use another company. If I wasn't providing services that ensure reliability of equipment my company would release me and find someone else who could do the job.

I was relocated to the Houston area and have been promoted twice in the last 4 years. Why would any company do this with someone who is incompetent or not doing their job? They wouldn't, I would have be fired just like you were years ago.

It's in black and white for all to see that is not true.

Your Industry gets rewarded with higher prices and higher profits for having "refinery issues and so called maintenance".

You are spouting 100% bullshit in direct contrast to the articles and News posted.

Of course you do this because you are one of the ones rewarded for being incompetent on purpose.

 

[Charles Kozierok]

You know, Dave, it would be easier to take your claims of others' incompetence seriously if, after 51,000+ posts on this forum, you had figured out how to use the "quote" feature properly.

 

[Londo_Jowo]

Originally Posted by dmcowen674
Exactly and something they should know how to do by now without incompetence and excuses but clearly that is not the case.

Has to be the faulty equipment, installations and incompetent service you provide.




It's in black and white for all to see that is not true.

Your Industry gets rewarded with higher prices and higher profits for having "refinery issues and so called maintenance".

You are spouting 100% bullshit in direct contrast to the articles and News posted.

Of course you do this because you are one of the ones rewarded for being incompetent on purpose.

I work in more than the oil industry. Last year I was part of a sales team for my company and we secured the sale of new internals/overhaul of three steam turbines, new generator/refurbish three existing generator, and new control systems for these generator sets in a South American country. This trip netted $8.5 million in American made components and installation/commissioning service by American technicians.

 

[Londo_Jowo]

Let me post this before McOwned posts his warped opinion on this article.

http://money.cnn.com/2013/02/06/news/economy/gas-prices/

Fortunately for motorists, prices this year are not expected to be as high as last year.

Thanks to an oil and gas production boom in this country, peak gasoline prices are expected to top out somewhere between $3.50 a gallon and $3.90 a gallon this year, Kloza said. Last year's top price was $3.94 a gallon, set in early April.

Average prices for the whole year are expected to be lower, too. Kloza is predicting an average of $3.25 to $3.50 a gallon. That's nice break from last year's average of $3.60 -- which caused U.S. motorists to spend a record $479 billion at the pump.

 

[Charles Kozierok]

I work in more than the oil industry. Last year I was part of a sales team for my company and we secured the sale of new internals/overhaul of three steam turbines, new generator/refurbish three existing generator, and new control systems for these generator sets in a South American country. This trip netted $8.5 million in American made components and installation/commissioning service by American technicians.

Why do you hate America so much?

 

[Engineer]

2-5-2013

http://autos.yahoo.com/blogs/motora...rgest-share-american-income-30-173053970.html

Gas costs claim largest share of American income in 30 years



Americans spent a bigger share of their household income on gasoline in 2012 than at any point in the past 30 years — even though they were driving shorter trips in more fuel-efficient vehicles, with total gasoline sales in 2011 of 134 billion gallons reaching the lowest level since 2001.

Speaks volumes when you're using the lowest amount of gas in over 12 years yet it's the highest percent of household expenses in over 30 years.

 

[Wreckem]

Let me post this before McOwned posts his warped opinion on this article.

http://money.cnn.com/2013/02/06/news/economy/gas-prices/

Ive seen analysts saying Texas could hit a state average of $4 by summer. There is a lot of conflicting info and data out there.

 

[dmcowen674]

Let me post this before McOwned posts his warped opinion on this article.

http://money.cnn.com/2013/02/06/news/economy/gas-prices/

I would say you and Kloza are full retard trolling.

In your very same article shows people already paying well over $5 in LA.

In parts of Los Angeles, drivers are already paying more than $5 a gallon.


"I'm shocked. I don't know what happened," Diana Griffitts, a motorist filling up at a downtown LA station, told CNN. "Just a week ago I paid under $4 a gallon. I'd like an explanation."


Well Diana, we'll try.


Analysts say gas prices are going up for two basic reasons: oil prices are rising, and refineries are shutting down.
====================================================
Again I say when they shut down refineries they should be punished for incompetence not rewarded.

 

[Londo_Jowo]

I would say you and Kloza are full retard trolling.

In your very same article shows people already paying well over $5 in LA.

In parts of Los Angeles, drivers are already paying more than $5 a gallon.


"I'm shocked. I don't know what happened," Diana Griffitts, a motorist filling up at a downtown LA station, told CNN. "Just a week ago I paid under $4 a gallon. I'd like an explanation."


Well Diana, we'll try.


Analysts say gas prices are going up for two basic reasons: oil prices are rising, and refineries are shutting down.
====================================================
Again I say when they shut down refineries they should be punished for incompetence not rewarded.

Have you ever asked why Californians and Chicagoans pay so much for gas? No way it's due to state and local taxes or the required use of specially blended gas that no other state or locality uses.

According to McOwned th refineries should run until they fall apart rather than shut down for maintenance that ensures reliability and increased efficiency as well meet federal laws that requires them to change over to seasonal blended fuels.

 

[Matt1970]

Gas in NY just jumped 25-30 cents in the last week.

 

[dmcowen674]

Oil oil and gas gas everywhere but paying up the ass

2-6-2013

http://seekingalpha.com/article/1160431-crude-oil-and-gasoline-stockpiles-both-increase?source=yahoo


Crude Oil And Gasoline Stockpiles Both Increase



This morning's release of energy inventories from the Department of Energy showed that crude oil inventories rose by 2.623 million barrels, which was roughly in line with forecasts for a build of 2.65 million barrels. While the increase was in line with forecasts, actual levels are still well above normal. We started out 2013 above average, but the spread has continued to widen since the start of the year.

 

[Londo_Jowo]

The Gas Industry system is backwards. Instead of getting rewarded for incompetence they should be forced to lower the price thus getting lower profits while they are being incompetent. When they demonstrate the ability to produce the product adequately then they could return to normal profits.

Dave, there's a refinery you can buy in New Jersey. Why don't you buy it and show the oil industry how to run it your way while making a profit.

 

[dmcowen674]

Dave, there's a refinery you can buy in New Jersey.

Why don't you buy it and show the oil industry how to run it your way while making a profit.

Front me the money rich boy and I shirley would.

 

[Londo_Jowo]

Front me the money rich boy and I shirley would.

So are you admitting that your alligator mouth has overloaded your hummingbird ass?

 

[dmcowen674]

Another 30 cent jump today, approaching $5 in Chicago, well over $5 in LA.

Should easily hit $6 in both cities very soon.

Police should be on stand by for riots.

 

[OverVolt]

The price will just come crashing back down later. Always does when they play these types of pricing shenanigans.

I get it that speculators mess with the market but at the end of the day it eventually crashes back down and gas really is getting more expensive as more people want to use it.

 

[klinc]

One of these days hand grenades will be cheaper than petrol bombs

 

[dmcowen674]

2-7-2013

http://finance.yahoo.com/news/why-gasoline-prices-headed-even-110330103.html?l=1

Gasoline prices at the pump have climbed every day for the past 21 days — and they’re not going to let up anytime soon.

On Thursday, the average U.S. price for a gallon of regular gasoline stood at $3.555, making it the most expensive average ever for that day and the highest level since Oct. 26 of last year, according to AAA. See AAA’s Daily Fuel Gauge Report.

“Gas prices increased at a blistering pace over the previous couple of weeks,” said Michael Green, AAA spokesman, adding that the jump of 17.4 cents between Jan. 28 and Feb. 4 marked the largest weekly price spike in nearly two years.

And as the gasoline market set all sorts of milestones, analysts offered more reasons why prices are headed even higher over the next few months.
“This is a very early rise,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. “January has tended to be a quiet month through the years. The rally really began in earnest around Jan. 15.”


Prices saw an “off-season” bottom on Dec. 20 when they averaged $3.219 a gallon, he said, so since that bottom, they’ve rebounded by about 33 cents — “with more increases to come.”

Contributing factors


Consumers haven’t even seen the worst, with a perfect storm of factors driving higher prices.

Typically at this time of year, refineries begin their switch to the more environmentally-friendly summer-blend gasoline and perform maintenance, which “temporarily restricts supply and drives up prices,” he said.


Some refineries have also announced unexpected shutdowns or closings, leading to even tighter refining capacity, said Jeff Lenard, a spokesman at the National Association of Convenience Stores (NACS), a trade group for an industry that sells 80% of the nation’s gasoline.
Reuters Hess Corp.’s Port Reading, N.J. refinery.

Waiting for the peak


Even with all of the factors driving gasoline prices significantly higher, analysts say the cost of the fuel hasn’t peaked yet.

=========================================================================================
Incompetence and Bullshit Bolded

 

[dmcowen674]

The problem, Dave, is that you really don't.

If you think something is "bullshit", the appropriate response is to demonstrate how and why it is "bullshit" using evidence and reasonable arguments.

You don't do this. What you do is demonize anyone who disagrees with you about anything, put them into your pre-selected "demon categories" -- whether they belong there or not -- and then throw a temper tantrum.

You are incapable of discussing any issue without making the other guy a "thug" or a "predator". You accused Shintai of working for the oil industry based on -- nothing.

Looking through your posts, a neutral observer would quickly come to the conclusion that you're a paranoid lunatic.

Charles Kozierok Debate Club Moderator
Elite Member

Join Date: May 2012
Posts: 3,947

Just joined May 2012 and they brought you into the hive eh

 

[Doppel]

Another 30 cent jump today, approaching $5 in Chicago, well over $5 in LA.

Should easily hit $6 in both cities very soon.

Police should be on stand by for riots.

Stop lying.

 

[Londo_Jowo]

I'm expecting gas in the Houston area to start coming back down as several refineries are in the process of starting back up.

 

[werepossum]

Another 30 cent jump today, approaching $5 in Chicago, well over $5 in LA.

Should easily hit $6 in both cities very soon.

Police should be on stand by for riots.

At $6/gallon no one can afford to drive into the city for a riot, and the people already there don't drive. Ergo, no riots.

$3.299 in Chattanooga now; barely a week ago I filled up @ $3.099. $3.419 (for 100% gasoline) at the Midnight Oil where I fuel the bike. One could plot the point of convergence, at which gasoline will be $10/gallon and it will be running in the streets for lack of storage. Bizarre!

 

[WhipperSnapper]

I wonder if the Snowpocalypse in New England will close down a bunch of refineries, resulting in higher gas prices.

 

[Londo_Jowo]

I wonder if the Snowpocalypse in New England will close down a bunch of refineries, resulting in higher gas prices.

I don't think the refineries in the area will be affected. Transport of gas for the next few days are likely to be affected and this may cause local price hikes.

 

[Murloc]

One of these days hand grenades will be cheaper than petrol bombs

don't worry in Europe it's like 8.6 $/gallon and no one uses hand grenades either.