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08-12-2008, 01:03 PM
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#1
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Join Date: May 2006
Location: Midland Park, NJ
Posts: 1,389
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Oil @ $113 why is gas still over $3.50 a gallon
wasnt gas like $2.80 something the last time a barral of oil was $113
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08-12-2008, 01:06 PM
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#2
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Join Date: Jul 2008
Location: North Jersey
Posts: 111
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thank you mr. president! 
i'm sure he's not in 100% cntrol of gas prices, but something definitely needs to be done now. it's come down drastically in the past few weeks yet we're still hanging WELL over $3.50 in most places.
I've found a few remote locations that are selling for 3.65 - 3.59 but they are the no name brand gas stations. Shell is still at 3.73, Sunoco 3.89, Hess 3.77 ... What gives?
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08-12-2008, 01:08 PM
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#3
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Why would the price drop? If I am making a ton of money from my oil sales why would I want to lower the price? To be a nice guy?
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08-12-2008, 01:11 PM
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#4
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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3.53 @ Raceway on Rt 1 in Woodbridge.
__________________
Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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08-12-2008, 01:12 PM
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#5
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Join Date: May 2006
Location: Midland Park, NJ
Posts: 1,389
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Quote:
Originally Posted by WildBillyT
Why would the price drop? If I am making a ton of money from my oil sales why would I want to lower the price? To be a nice guy?
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So your saying big oil companies arent ethical?
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08-12-2008, 01:25 PM
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#6
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by alamantia
So your saying big oil companies arent ethical?
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LOL. Business ethics is an oxymoron.
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08-12-2008, 01:30 PM
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#7
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13 Second Club
Join Date: Oct 2004
Location: Netcong, NJ
Posts: 5,799
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Prices of gas arent dropping because Diesel is still expensive, and it costs alot of money in Diesel fuel to send a tanker to deliver the gas at the gas station. Sounds like a confusing, never-ending cycle... doesn't it? 
__________________
2019 Toyota Tacoma TRD Pro ... M6, Voodoo Blue Fun Machine
1987 Pontiac Trans Am ... 305 TPI, T5, Project Car
Last edited by enRo; 08-12-2008 at 01:31 PM.
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08-12-2008, 01:35 PM
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#8
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Join Date: May 2006
Location: Midland Park, NJ
Posts: 1,389
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Quote:
Originally Posted by WildBillyT
LOL. Business ethics is an oxymoron.
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what did you friggin call me?
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08-12-2008, 02:00 PM
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#9
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Hess was $3.63 for regular, $3.91 for super on rt 23 in wayne/pompton plains. It's been coming down pretty fast.
And I thought it was at $100 a barrel when it started going over $3.00 a gallon for regular? I could be way off though...
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08-12-2008, 02:13 PM
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#10
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Hippy Mod, Bergermeister Meisterberger, Moderator
Join Date: Aug 2004
Location: Ewing
Posts: 6,216
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Quote:
Originally Posted by alamantia
wasnt gas like $2.80 something the last time a barral of oil was $113
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No, gas was still around $2.75 when oil was around $65-70 a barrel. That's why people complaining about it going to $4 a gallon didn't make much sense since oil more than doubled but gas didn't. Gas prices are supply and demand or demand and supply.
__________________
69 Z28 JL8 4 wheel disc brakes - being restored
09 Silverado Z71
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08-12-2008, 02:17 PM
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#11
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11 Second Club
Join Date: Aug 2008
Location: Hagerstown, MD
Posts: 1,567
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gas IS going back down now, no? i only paid 3.99 for 94 instead of 4.21
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00 T/A NBM
04 Silverado SS - Sold 
00 Trans Am WS6 NBM - Sold
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08-12-2008, 03:11 PM
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#12
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Join Date: Aug 2004
Location: Hillsborough, NJ
Posts: 2,630
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It's not going back down because the price never caught up with the jump in crude to begin with. I work for a major oil company during the day and trust me we are making next to nothing on oil this year....luckilly we're also into natural gas, electricity, and retail stores.
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08-12-2008, 03:57 PM
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#13
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Join Date: Dec 2005
Location: Boston/North
Posts: 9,214
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3.55 @ a local Lukoil yesterday. I was surprised to see they were the cheapest around
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Quote:
Originally Posted by BonzoHansen
dumbass.
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08-12-2008, 04:16 PM
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#14
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,368
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its funny because alot of the price of gas is state tax. i have noticed alot of road work/repairs in the past year. but that could be coincidental...
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08-12-2008, 04:55 PM
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#15
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Join Date: Jul 2006
Location: unknown
Posts: 2,776
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Wow gas here in NC heapest ive seen is 3.69 for reg.
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2000 Pewter Trans am, M6, SLP Lid,LS6 intake,Kooks 1 7/8" Long tube header,Classic Chambered Powersticks, hurst,off road X-pipe, Strano springs & Koni's, Monster level 2 clutch, HPtuners wide band tuned and a homemade ram air box sealed off.
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08-12-2008, 05:06 PM
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#16
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,368
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north carolina is usually the cheapest gas in the country IIRC
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08-12-2008, 05:45 PM
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#17
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Banned Camp Director Emeritus
Join Date: Aug 2004
Location: Somerset County
Posts: 8,395
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Quote:
Originally Posted by sweetbmxrider
north carolina is usually the cheapest gas in the country IIRC
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nope, its usually New Jersey.
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Quote:
Originally Posted by baddest434
and 1 more smart ass answer by you and i'm going to reach into this monitor and grab you by the throat
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08-12-2008, 05:47 PM
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#18
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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NJ is usually the cheapest, and I think Georgia is usually the highest IIRC. or California
__________________
Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
Last edited by SteveR; 08-12-2008 at 05:48 PM.
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08-12-2008, 05:50 PM
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#19
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,368
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yeah well that was back when it was 2 something a gallon. my bro was living in duram and it was the cheapest in the country at the time
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08-13-2008, 07:58 AM
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#20
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Join Date: Dec 2005
Location: Central, NJ
Posts: 714
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Quote:
Originally Posted by Ian
nope, its usually New Jersey.
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Just wait til the moron we have for a governor and his cronies push to raise the gas tax to finance the depleted transportation fund...that'll change real fast. They're already talking about it again now that the prices are coming down, and could be as much as .20/gallon. Instead of trimming the waste, they want to stick it to us. We have the least efficient road system in country costing us $2.2 million per mile versus the national average of $128,000 per mile.
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08-13-2008, 08:03 AM
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#21
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Quote:
Originally Posted by slugger27nj
We have the least efficient road system in country costing us $2.2 million per mile versus the national average of $128,000 per mile.
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WOW, and to think, it's all because NJ didnt want to follow the rules. 
__________________
Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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08-13-2008, 08:42 AM
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#22
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Join Date: Aug 2007
Location: Dunellen, NJ
Posts: 259
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Quote:
Originally Posted by HardcoreZ28
I work for a major oil company during the day and trust me we are making next to nothing on oil this year
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And which one of these companies is making next to nothing? I missed it. http://uk.reuters.com/article/busine...25663520080801
My favorite part is where they say that the reason they are making huge profits is because they have nowhere to drill or explore, so there is nothing to invest the profits in (an obvious plug to limit exploration and drilling limitations). To that I have two comments: 1. try investing in alternative fuels; and 2. wow, that must suck. I remember how miserable I was the last time I had too much money and nothing to spend it on. Maybe the remedy for that is to not make so much money? Nah, that would upset the shareholders.
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08-13-2008, 02:40 PM
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#24
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Join Date: Jan 2007
Posts: 5,623
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3.55 here.......if I had a car to put it in
__________________
2000 Tahoe Z71 5.7
1982 Z28 Pacecar 305
1999 S10 
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08-13-2008, 02:42 PM
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#25
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Join Date: Oct 2004
Location: Hillsborough
Posts: 168
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saw 3.50 today in linden nj
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