View Full Version : gas prices
jims69camaro
08-29-2005, 06:38 PM
can anyone explain to me why gas prices went up? does anyone know why gas prices need to be $2.50/gallon as opposed to $1.00/gallon like they were a few years ago? is it just the greedy ****s of OPEC, or is there an economical reason? once i heard that OPEC daily profit was in the millions of dollars, i think i lost my mind.
now they're talking about another price increase because the hurricane interrupted the normal flow of oil into our country. i guess louisiana has more going for it than just mardi gras.
further, aren't we supposed to have gas reserves in our country? well, i think now might be a good time to break them open and lower the damn price of gas. i've seen fillups go from $10 +/- up to $36 this week. there has to be a logical explanation other than some sheik wanting to add a wing onto his palace. yes, i know the middle east is low on the scale of our oil providers, but they have enormous pull on the council.
They are supposidly going to break into the oil reserves. Bush has to make a decision today.
i doubt they will. isnt he making a ton of money cuz the oil prices are so high? he is in the oil business crap after all :shrug:
I think someone mentioned on this board that for every $1 gas goes up, he makes $40 million. That's quite the return.
Actually, think about it this way. Thank god we are paying these prices now, cuz a couple years ago when it was $1.60, we were paying like $35 a barrel. Now its $70 a barrel, and average is $2.80. Do the math. That means Bush is pocketing/keeping 40 cents every gallon of gas. Correct?
I liked when it was $.99. Those were the days.
The Fixer
08-29-2005, 07:45 PM
I also saw an article on AOL about the economy in Iraq. They're still paying .$05 (yes, 5 cents!) a gallon there. Even some of the areas rich in oil production are paying $1.50ish a gallon.
GP99GT
08-29-2005, 09:36 PM
Actually, think about it this way. Thank god we are paying these prices now, cuz a couple years ago when it was $1.60, we were paying like $35 a barrel. Now its $70 a barrel, and average is $2.80. Do the math. That means Bush is pocketing/keeping 40 cents every gallon of gas. Correct?
bush doesnt own the entire nations supply of oil...so how would he be pocketing it?
and the nations reserves is about 700 million barrels...we go through a little over a million barrels a day...we'd run out within a few years and prices would go back up.
ar0ck
08-29-2005, 10:46 PM
I blame China & India, their currently the worlds top 2 oil consumers. Even more oil then Americans.
Fasterthanyou
08-29-2005, 11:55 PM
I blame the human race. As much as I like burning fuels it's rather rediculous looking at how we waste it! Think about it, how many of us drive just ourselves around. It's a huge waste. We need to start car pooling again. I've started doing it and it helps a LOT. I drive 1/2 people a day now because we all found ourselves going out to lunch together and it's not much out of the way for me to pick them up in the morning. Besides, when you're in traffic it's sometimes nice to talk to somebody other than the guy cutting you off after using the shoulder as a bonus lane.
Think of it this way, if we start doing that, our consumption would go down 20-25% and we could put that saved fuel into a missle to scare the crap out of China for ******** up our economy. Maybe a little boycot on the imported China goods is in order... They're really ticking me off. They ruined the OSU FSAE team by buying up all the CF.
ar0ck
08-30-2005, 12:15 AM
Time to buy horses!
At least you dont need a lisence for one of them. But I think the price in Food & Care would equal to owning a car.
jims69camaro
08-30-2005, 01:02 AM
i don't go anywhere and i can't afford to put gas in my car. Â*it's insane. Â*i'm not saying to just start using only our reserves, that would be idiotic. Â*but if we subsidized our use with our own reserve, we could at least get their attention. Â*they'd see we weren't buying as much and they'd have to lower their price for us to go back to where we were buying.
they say demand is driving the price up. Â*other than day to day driving, has anyone been doing anything else? Â*i mean, vacationing in florida? Â*visiting relatives in colorado? Â*not with gas at the price it is now, i don't think. Â*the difference between $1.50 and $2.60 (national average) equals $400 +/- extra per year on a typical 15,000 mile usage. Â*i'd rather have the extra $400 than have to fork it over to the oil producing countries.
and the unique thing is, no one knows why the prices have increased so much. Â*that's my whole reason for asking the question. Â*nobody can answer it.
the price of oil increased because they knew we would still buy it even at the higher cost. Why the hell would they lower the price if we are "content" paying what we are now? the entire time gas prices have been rising, there has been no decrease in sales. it doesnt take a moron to figure out the oil companies are going to milk this until its dry.
am actually going to start looking for a nice bike to ride to work (bicycle, not motorcycle) if gas prices keep going up. luckily I'm only about 5 or 6 miles from where I work, so it wouldnt be too bad.
everyone is gonna keep buying oil they know it, plus winter is coming so you gonna have to buy heating oil as well. i wonder how much it is right?
Fasterthanyou
08-30-2005, 02:30 PM
everyone is gonna keep buying oil they know it, plus winter is coming so you gonna have to buy heating oil as well. i wonder how much it is right?
Nat gas :)
jims69camaro
08-30-2005, 04:14 PM
:metoo:
that's what i thought it was. they are just lining their pockets with our hard-earned cash. nice.
NJSPEEDER
08-30-2005, 05:11 PM
it is simple to understand why gas prices go up. how else are you going to make your car move?
if you have a monopoly that controls 88% of teh worlds oil resources(OPEC)you get to pick the price cause you know everyone has to come to you to some degree or another.
i think what they do is ******, but at teh same time it is the same basis that our economy uses to set prices for everything else. so how surprised can we actually be.
the gulf region does contribute about 30% of the oil in the US. so that is gonna effect the price of gas in the next few weeks as well.
later
tim
Fasterthanyou
08-30-2005, 05:44 PM
it is simple to understand why gas prices go up. how else are you going to make your car move?
if you have a monopoly that controls 88% of teh worlds oil resources(OPEC)you get to pick the price cause you know everyone has to come to you to some degree or another.
i think what they do is ******, but at teh same time it is the same basis that our economy uses to set prices for everything else. so how surprised can we actually be.
the gulf region does contribute about 30% of the oil in the US. so that is gonna effect the price of gas in the next few weeks as well.
later
tim
Yeah, that's going to suck and last time I checked there weren't any international monopoly laws meaning we need to get tighter with Canada if we're going to survive the long run. Think about it, Canada is giving a lot to China... we're screwed if they can undercut our prices. Somehow the US coprs need to start buying up stocks of these booming Chinese companies. That way we all profit. Becase as we sit the Chinese are buying up OUR stock. Remember that rummor that Toyota might have enough cash to be the majority stock holder of GM (meaning they own GM)... it's not far from being true.
Theres 2 gas stations right by my house. The one gas station called Royal is at 2.99 for regular. And down the street you will find traffic upon traffic, cuz the Gulf station is still at 2.39 !!!!
2.99 for regualr holy **** batman!
just put 30 bucks of 89 octane in the tank...got me all of 9.5 gallons :evil:
just put 30 bucks of 89 octane in the tank...got me all of 9.5 gallons :evil:
you put 89 in the T/A!?!?! :shock:
*EDIT*
if you paid 30 bucks for 9.5 gallons, you were paying $3.15/gal!!!!!!!
please tell me thats incorrect :shock:
NJSPEEDER
08-30-2005, 09:30 PM
Theres 2 gas stations right by my house. The one gas station called Royal is at 2.99 for regular. And down the street you will find traffic upon traffic, cuz the Gulf station is still at 2.39 !!!!
a lot of that has to do with the gas companies telling the local stations what they are allowed to charge.
tru2chevy's dad manages the absolutely most disgustingly expensive place on earth to buy gas, but he has no say in it and buys his own fuel elsewhere.
later
tim
just put 30 bucks of 89 octane in the tank...got me all of 9.5 gallons :evil:
you put 89 in the T/A!?!?! :shock:
*EDIT*
if you paid 30 bucks for 9.5 gallons, you were paying $3.15/gal!!!!!!!
please tell me thats incorrect :shock:
it'll run on 89 w/o any problems...and yes 3.15 a gallon is correct...it woulda been around 3.30/gal for 93
Fasterthanyou
08-30-2005, 10:15 PM
just put 30 bucks of 89 octane in the tank...got me all of 9.5 gallons :evil:
you put 89 in the T/A!?!?! :shock:
*EDIT*
if you paid 30 bucks for 9.5 gallons, you were paying $3.15/gal!!!!!!!
please tell me thats incorrect :shock:
it'll run on 89 w/o any problems...and yes 3.15 a gallon is correct...it woulda been around 3.30/gal for 93
So that's why you called, lol.
JPiZZiJP
08-31-2005, 04:29 AM
the price of oil increased because they knew we would still buy it even at the higher cost. Why the hell would they lower the price if we are "content" paying what we are now? the entire time gas prices have been rising, there has been no decrease in sales. it doesnt take a moron to figure out the oil companies are going to milk this until its dry.
am actually going to start looking for a nice bike to ride to work (bicycle, not motorcycle) if gas prices keep going up. luckily I'm only about 5 or 6 miles from where I work, so it wouldnt be too bad.
"only about 5 or 6 miles".... dude, 5 or 6 miles on a bike quite the distance, before having to put in a day of work (I speak from experience, used to ride 2 miles on a bike before I put in an 8 hour day)... the ride home is even worse.
JPiZZiJP
08-31-2005, 04:30 AM
just put 30 bucks of 89 octane in the tank...got me all of 9.5 gallons :evil:
you put 89 in the T/A!?!?! :shock:
*EDIT*
if you paid 30 bucks for 9.5 gallons, you were paying $3.15/gal!!!!!!!
please tell me thats incorrect :shock:
it'll run on 89 w/o any problems...and yes 3.15 a gallon is correct...it woulda been around 3.30/gal for 93
j0n, where the hell are you buying your gas from????? The Mobil at the end of my street has 93 for $2.89/gal. If you're buying 89 for $3.15/gal, you're going to the wrong station, buddy.
jims69camaro
08-31-2005, 10:09 AM
this **** is plain out of control.
they can justify any way they want, but it all boils down to them being greedy ****s. i don't buy the "more demand" argument, either. if they can sell to their countrymen for .05/gal, then they don't have to be charging us $3/gal. period.
JPiZZiJP
08-31-2005, 11:09 AM
just put 30 bucks of 89 octane in the tank...got me all of 9.5 gallons :evil:
you put 89 in the T/A!?!?! :shock:
*EDIT*
if you paid 30 bucks for 9.5 gallons, you were paying $3.15/gal!!!!!!!
please tell me thats incorrect :shock:
it'll run on 89 w/o any problems...and yes 3.15 a gallon is correct...it woulda been around 3.30/gal for 93
j0n, where the hell are you buying your gas from????? The Mobil at the end of my street has 93 for $2.89/gal. If you're buying 89 for $3.15/gal, you're going to the wrong station, buddy.
Wow, I take it back... gas stations on my corner just bumped up to $3.15/gal for premium... yikes.
JL8Jeff
08-31-2005, 11:58 AM
They're now saying to expect prices to go up to $4 a gallon very soon thanks to the hurricane. There's no way they can justify these prices when you look at their continued record profits. The gov't needs to step in and stop this price gouging. I'm soooo glad my daily driver is getting 20 mpg right now. The old DD(454SS pickup) got around 11 mpg.
SteveR
08-31-2005, 11:59 AM
It just cost me $42 to fill the Hawk @ 3.02/gal. This sux!!!!!!!!! I wonder how much it would cost to order 55 gallon drums of race gas and leave them in my garage. Looks like a call to Sonoco is in the very near future.
SteveR
08-31-2005, 12:02 PM
They're now saying to expect prices to go up to $4 a gallon very soon thanks to the hurricane. Â*There's no way they can justify these prices when you look at their continued record profits. Â*The gov't needs to step in and stop this price gouging. Â*I'm soooo glad my daily driver is getting 20 mpg right now. Â*The old DD(454SS pickup) got around 11 mpg.
Capitalism at it's finest. Don't expect prices to go down, as long as those fat bitches are making money, **** the public is how it works. We'll be paying European prices soon.......$5/gal. Pretty soon I'll be working just to afford my commute.
Slow Z
08-31-2005, 12:26 PM
Say hello to $4 a gallon gas within a few weeks.
3.37 here so stop crying! :lol:
79CamaroDiva
08-31-2005, 01:23 PM
I saw 3.29 on my way to work in new brunswick this morning, I about **** a brick. Then I found a station for 2.79 and figured I wouldnt find anything lower any time soon, so filled it up. Already called home and said I'm not coming home from school unless I have to.. hopefully it'll go 'back down' to 2.55 or so again soon... what the hell.
Fasterthanyou
08-31-2005, 03:24 PM
Sooooo.... anybody want to guess what the price of gas guzzlers are going to drop down too? I'm guess H2 for a candy bar and everything Dodge/Chrysler offers with a Hemi will be down to around a burger and soft drink.
This is a sad sad day that I pay more for a gallon of gas than a gallon of milk. Now if only I could get my car to run off of milk...
Fastbird
08-31-2005, 04:14 PM
I was literally in shock driving to work this morning. Last night, I filled up on Base for $2.49 for 87 (driving the 99 Celica). This morning on the way to work, what do I see?? Mongans @ Williamstown and Erial Roads: $2.99; Shell @ 534 and 73N: $2.79; Multitudes of other places through Marlton/Mt. Laurel/Pemberton: $2.79-2.99 a gallon, for REGULAR!!!!
If supply and demand is driving up prices, then why in the hell are the oil companies posting record profits like they've been for the past year or so??? Supply and demand my nut.
Absolutely NOTHING justifies a 30 cent hike in a single day. Nothing. I understand that the hurricane is putting strains on the system now, but there's absolutely no way that it can be that much of an effect that fast.
I seriously think it's time for the government to step in, say "piss off" to OPEC, and start to regulate the petroleum industy here in the states.
we got 6 refineries in jersey! WTF! im usually not the one to complaing about gas but still i want it cheaper then ****ing 3 bucks.
Tru2Chevy
08-31-2005, 05:32 PM
On my way home from work at two stations across the street from each other:
Exxon: Mobil:
$2.89 $2.79
$3.05 $2.89
$3.15 $2.95
There is also a Citgo right there that mimic's the prices of the Exxon. I love Shocky's Mobil :)
- Justin
Savage_Messiah
08-31-2005, 05:47 PM
From camarov6:
A local gas station here put a picture of an arm in the price area on regular, a leg on special, and "Your first born child" on premium.
And this was before the 30 cent increase overnight.
Last night - 2.59
Today - 2.87
Savage_Messiah
08-31-2005, 05:47 PM
that's amsterdam, ny btw
Savage_Messiah
08-31-2005, 05:49 PM
wow, the tv just said right outside atlanta is $6.07/gal
well they are running out of gas anyways, so i guess whatever is left the owners are trying to make as much money as possible...******** :evil:
Fastbird
08-31-2005, 05:59 PM
Some of it is blatant gouging, and unless I'm mistaken that was illegal.....
It is illegal but it looks like that no one gives a ****...
running out of gas my ass! the oil companies just make it seem like they're running out so they can say they are...EVEN THOUGH THEY'RE NOT!!! This is ****ing ********! I am officially quitting the human race.
running out of gas my ass! the oil companies just make it seem like they're running out so they can say they are...EVEN THOUGH THEY'RE NOT!!! This is ****ing ********! I am officially quitting the human race.who said oil companies were running out of gas???
http://www.local6.com/news/4911219/detail.html
I have people in florida (daytona area) saying they see lines to the gas stations and doesnt matter what the price is :shrug:
Fasterthanyou
08-31-2005, 06:21 PM
Just got back from the Oldbridge area and thought I was going to stop at Raceway for gas seeins as they're usually the cheapest. Well guess what, nobody was there because across the corner the Shell was cheaper. How's $3.15 for reg at Raceway compared to $2.78 for reg at Shell. It's a no brainer but DAMN, wtf is going on with this country?
One last thing; why is the NJ average gas cost been higher than average when transport costs are so low? Is it really all of those gov't taxes? I sure as hell know it's not the full serve cost! So what gives?
yea shell was the cheapest one when i went out today too. I wonder why? all the small gas stations seemed to be high while companies like shell, exxon and mobile were cheaper.
SteveR
09-01-2005, 07:45 AM
Well I drove by the place I usually get gas and yesterday it was $3.02/gal. Any guess as to what it was this moring?
$3.73!!!!!!!!!!!!!!!!! WTF!!!!!!!!!!!!!!!
foff667
09-01-2005, 08:04 AM
Well I drove by the place I usually get gas and yesterday it was $3.02/gal. Any guess as to what it was this moring?
$3.73!!!!!!!!!!!!!!!!! WTF!!!!!!!!!!!!!!!
:omg:
Slow Z
09-01-2005, 08:13 AM
Be prepared for people to start stealing gas... I bet the sales of siphons tripled within the past few days
Savage_Messiah
09-01-2005, 08:19 AM
time to buy that locking gas cap?
foff667
09-01-2005, 08:33 AM
time to buy that locking gas cap?
i got one on the gtp & the miata has a locking door...its just the wife that has to worry lol
JL8Jeff
09-01-2005, 08:56 AM
Dam, I was gonna get about 5 gallons of gas for the boat this past Monday and forgot. I'm not paying $4 a gallon for gas for the boat unless I'm completely out. Since it gets premixed with 2 stroke oil I don't want to waste it and have it go bad over the winter.
here i bring some good news :roll:
http://i6.photobucket.com/albums/y238/Kingvitali/gas****.jpg Thats far from jersey but still...
foff667
09-01-2005, 12:23 PM
yah i saw the same pick on comcast.net..ouchie those peeps in atl are hurtin
damn gas proces around my house went up again. 3.50 is the highest and 3.09 is the lowest for premium. Surprisigly all the cheap gas stations are Exxon which usually charge a ****load for gas.
um..i think i found a first gas station around here that ran out of gas, one of the Exxons :lol:
Fasterthanyou
09-01-2005, 05:22 PM
Exxon/Mobil are the largest so their prices change slower (generally speaking) and their supply is usually more stable. Places like Raceway gas and Lora's all have small supply chains in comparison. This results in them paying more for the same gas, the only good thing about them is that they have less overhead so USUALLY they're cheaper than the big Exxon/Mobil and Shell/BP's.
As for gas, just keep topping off. Gas prices aren't going to drop so the least you can do is keep the tank full of the cheapest gas. That's what I've been doing for the past week. All my cars are near full, the 2 Hemi's are a royal PITA. I don't think the MDS is doing jack squat for mileage because I'm averaged to 18mpg. I drive like I'm on empty so that 18 is the best these cars will do :( .
I just got 22mpg i was happy as hell. The best thing i didnt even baby it 8) Thats a huge improvmnet from 8ish mpg i used to get when car ran like ****. I fixed it in perfect time!
Savage_Messiah
09-01-2005, 05:44 PM
I was ashamed at myself earlier, cuz I stopped at a BP cuz I saw premium was "only" 3.09, so put all of the 16 bucks in my wallet into my tank... that got me like a quarter tank, a little more
damn dude 3.09 is cheap :lol:
JL8Jeff
09-01-2005, 08:42 PM
Woohoo, I just got 3 gallons for the boat and 2-1/2 gallons for the mower at $2.89! I can't believe I'm happy I paid $2.89 but I saw the price when I went by and decided it would be good to have a few extra gallons sitting around in case of an emergency.
camaro2you
09-01-2005, 09:13 PM
damn im lucky i dont have to fill up my completely empty fuel system yet with premium :cry: , every thing has to be primed, fuel lines, fuel pump, carb bowls, the tank has not seen a drop yet. damn
my parents are lucky they got rid of the navigator and got the vette. :lol:
BlueFBird
09-02-2005, 01:26 AM
the news jus said they might go down tomorrow
ProtekYoNutz
09-02-2005, 01:39 AM
its $3.15 for regular down here in glassboro :roll:
Tru2Chevy
09-02-2005, 08:50 AM
Woohoo, I just got 3 gallons for the boat and 2-1/2 gallons for the mower at $2.89! Â*I can't believe I'm happy I paid $2.89 but I saw the price when I went by and decided it would be good to have a few extra gallons sitting around in case of an emergency.
Where did you find that?
- Justin
foff667
09-02-2005, 09:03 AM
that was also yesterday justin...that same place is probably 3.19 now lol
JL8Jeff
09-02-2005, 09:34 AM
Right around the corner from my house. They actually had a tanker there last night making a delivery too. I'm not sure what the price is today though. All of West Trenton was around $3.25 last night and these guys were still $2.89.
Tru2Chevy
09-02-2005, 10:54 AM
Right around the corner from my house. Â*They actually had a tanker there last night making a delivery too. Â*I'm not sure what the price is today though. Â*All of West Trenton was around $3.25 last night and these guys were still $2.89.
The one at Mt. View and Bear Tavern road? I might have to take a ride over there after work....
- Justin
JL8Jeff
09-02-2005, 11:13 AM
Yup. I just went around the circle in Pennington and saw $3.39 and Greg's Deli at the end of Reed Road was at $3.19 today.
Firebird67dude
09-02-2005, 12:05 PM
got 11. suttin gallons last night cost me like 35 dollars or a lil more i dont remember. i was paying $3.19 on 17 north by allendale
PDubs87Z28
09-02-2005, 04:12 PM
In summit the cheapest is $3.05 for regular. I saw 93 for $3.89 :shock:
Brando56894
09-02-2005, 06:29 PM
i think the most expensive here is liek 2.30 or 2.45 for regular.
jims69camaro
09-02-2005, 06:37 PM
first it was the twin towers coming down that made a sharp spike in the gas prices.
then it was the war in afghanistan.
then it was the was in iraq.
now they're blaming it on the hurricane.
when will they run out of excuses to gouge?
Savage_Messiah
09-02-2005, 08:09 PM
When a oil company owner is out of the white house?
deadtrend1
09-02-2005, 08:10 PM
Heard on the radio today someone made a parody of the Bud Light real men of genius songs. Went something like.... "Today we salute you, mr. gas price gas price gouger. We see a disaster, you see a way to rip us off for more money" Forget the actual words but you get the idea.
I haven't put gas in my truck or car at all this week. My car has a 1/4 tank as well as my truck. I just filled up my bike on my lunch break, 10 bucks!! 2.7 gallons it took. It holds 4.1 total. And all the place had left was 93 octane.
I roughly am getting 41 MPG city driving. So, my ass will be planted on that thing as much as i can. Weather looks good for the next few days, and if it doesn't then i luckly work less then 2 miles from my house.
jims69camaro
09-05-2005, 04:51 PM
http://www.inthe00s.com/index.php?PHPSESSID=788b35a26dddd63f2bd0b52c130bef ae&action=dlattach;topic=589.0;id=7825;image
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