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Android287
GenIII
8/30/2005
22:44:38
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 Subject: 3.41 for a gallon of gas WTF!
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WTF! $3.08 for regular
$3.27 for super and
$3.41 for 93 oct.
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GB2000
GenIII
8/30/2005
23:55:33
| RE: 3.41 for a gallon of gas WTF!
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Combine Hurricane Katrina, our extremely greedy government, and the bastards from OPEC and that's what you get.
...and I agree, it freaking SUCKS!
Josh Blackshire - Owner, Ohio Dakotas .NET
Red 98 Dakota Sport - Check it out!
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DAHEMIKOTA
GenII
8/31/2005
00:35:06
| RE: 3.41 for a gallon of gas WTF!
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They will charge it because everyone will buy it. What gets me is the fact that the station owners will raise the price of the gas before THEY buy at the higher price. Thats gouging isn't it? They should have to be required to present a receipt for the high priced gas before they can raise their prices. How would it work if you went to your boss and told him that he was going to have to give you a raise because the price of gas was going up? We should all agree on a couple gas companies to boycot untill they start lowering prices to what we want to pay. Then the others will have to come down to sell their gas. Don't forget, with out us what do they have? Dan
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vern
Dodge Dakota
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8/31/2005
05:49:36
| RE: 3.41 for a gallon of gas WTF!
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ONE DAY ONLY EVERYONE TOGETHER
if everyone would not go to work for one day because of the gas price and/or not buy fuel for one day this would send a strong message to the
goverment and the oil companys that people had enough
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ObieWonDakota
Dodge Dakota
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8/31/2005
07:43:33
| RE: 3.41 for a gallon of gas WTF!
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Vern, I hate to disagree but I don't think that would work. We will eventually need the gas, and they can jack the price even higher when we decide to fill up and we are still stuck. I wish there was another way.
DAHEMIKOTA said "What gets me is the fact that the station owners will raise the price of the gas before THEY buy at the higher price. Thats gouging isn't it?"
I posed that question to the lady who owns the gas station up the road from my house. She said they raise the prices on what they have already bought so they can afford to buy the next load of fuel at that higher price. I don't agree with it, but that is their rationale. At least she is normally 5 to 8 cents cheaper than anyone else in town.
We have three gas stations on another corner in town that all post the same price. When one goes up, the other two follow suit. Oh yeah, that is definitely competition at its finest.
I won't blame just Bush. As I've read on here in other forums and from my own thinking, all politicians are to blame. They ALL get money from oil companies and hold stock in those companies, so why wouldn't they want them to make a huge profit. It only pads their stock accounts. Yes I know Bush's family is in the oil business. This may be a poor analogy, but what if John Kerry became president and all of a sudden the price of ketchup and other condiments skyrocketed. Would we be blaming him because his wife is a Heinz? (yes, ketchup doesn't fuel our cars, but damn I wish it could).
Just my two cents worth; and with inflation, it's probably about 83 cents now.
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ObieWonDakota
Dodge Dakota
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8/31/2005
08:27:25
| RE: 3.41 for a gallon of gas WTF!
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Forgot to add...where I live, gas went up overnight from $2.39 to $2.75.
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Walt_Felix
Dodge Dakota
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8/31/2005
10:12:52
|  RE: 3.41 for a gallon of gas WTF!
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What gets me is the fact that the station owners will raise
the price of the gas before THEY buy at the higher price. Thats gouging isn't
it? They should have to be required to present a receipt for the high priced
gas before they can raise their prices.
It's not like they're buying a load of gas once a week. They are raising the price in the morning and having another load dropped the same afternoon. They have to raise prices before the next load is dropped, or there's no way they would be able to afford to stay in business. I've run a gas station in the past and I can tell you first hand that the retailer's markup is only a few of pennies a gallon at best. There is a reason many gas stations have been converted from repair shops to convenience stores over the last 30 years and almost all the mom and pop stations are gone. There is no money in selling gas. Let's say the retailer makes 5 cents a gallon profit on each gallon sold (and that's a generous number, at times my margin dropped to only a penny or two per gallon), at 5 cents a gallon that retailer makes only $450 profit per 9000 gallon gas load dropped in the ground by the distributor. 9000 gallons is a standard tanker truck. My station required a load dropped each day and on average we made less than $450 profit on each load, it doesn't even cover the cost to keep the station open with electricity, rent, insurance, payroll, taxes, etc... If the retailer raises his price more than a few cents over the wholesale price, their sales volume drops dramatically and they'll make even less profit. Most retailers are working on a very tight margin. If they want to be able to afford the next load, their current retail price has to stay a few pennies above the current wholesale price.
The only people who make money on gas sales are the big oil companies and the government. The end retailer makes squat. 50+ cents a gallon is just taxes. Another thing that has driven the price up recently is the price of crude. Over the last couple of years, countries like China and India have increased their oil consumption ten fold. Because of the high demand, it has driven prices of crude to record levels and our government has no control over that.
__________________
Walt Felix
http://www.Walt-n-Ingrid.Com
http://dodgetruckworld.com/waltfelix
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brad
Dodge Dakota
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8/31/2005
10:17:47
| RE: 3.41 for a gallon of gas WTF!
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I live in London Ontario and this morning it went up from .97cents a liter to 1.20 a liter.
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ObieWonDakota
Dodge Dakota
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8/31/2005
10:34:02
| RE: 3.41 for a gallon of gas WTF!
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Walt echoed some of what I said and added more and I have to agree with him.
Just a word to the wise...if you don't have a locking gas cap, it's time to get one.
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Dan M
Dodge Dakota
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8/31/2005
10:48:10
| RE: 3.41 for a gallon of gas WTF!
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A few notes about cracking crude into gasoline.
Hurricane katrina rolling through the gulf dropped gulf crude output. Did you see the oil rig that broke free and was wedged under the bridge??
It takes heat to crack crude. The heat has to come from either electricity or natural gas. Alot of natural gas comes as a biproduct of crude drilling. No crude output, means no gas output. The largest nat gas pipeline in lousiana actually halted shipment due to Katrina. Electricity and natural gas prices are high, therefore increasing the cost of cracking the crude into gasoline. It costs millions of dollars a month to power an gasoline refining plant (a friend used to work for a power company and their largest customer was a gasoline refining plant).
What can we do about it? Little to nothing. Congress is slated to hold meetings in September on the high gas prices. Also, sometime in the future (several years grated) we may be getting crude from ANWR (remember the news about drilling in the Alaska National Wildlife Refuge?).
And, it costs billions of dollars to explore potential crude fields, build the rig to remove it and ship it to refining. This is why there have been no new crude rigs built since the 1970s.
- Dan M
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Justin
Dodge Dakota
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8/31/2005
11:33:59
| RE: 3.41 for a gallon of gas WTF!
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High gas prices sucks, i'll agree with that. but how do you guys blame the government? look i'm no governement lover i hate those filthy bastards! But most of our oil comes from OPEC and they set the price based on the demand
As walt said china and india have become consumers like america...they're swallowing up oil now and they hadn't before. therefore the demand goes up and the price goes up. Bush is tapping into the "reserve" for oil, but that won't help. mainly becuase we don't have the refineries to prepare the oil we will get.
i have no solution for this problem...people say electric but what they don't think about is then we'll just be burning another non-remakeable hydrocarbon resource...COAL....and the price of it will jump and instead of paying 1000$ month for gas it will be 1000$ a month for electric bill to power your car....WE ARE SCREWED!
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Tom Byrne
Dodge Dakota
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8/31/2005
11:37:04
| RE: 3.41 for a gallon of gas WTF!
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Gas will sell for the highest price consumers are willing to pay for it. Most European contries have prices above $5.00 per gallon. The argument that sicne gasoline is an essential commodity and must be price-limited by the government doesn't hold water. What if the government came and told you that the were going to limit the price at which you coukld sell your home? People would be up in arms! Want to get prices down? Consume less.
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Austin
Dodge Dakota
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8/31/2005
11:46:27
| RE: 3.41 for a gallon of gas WTF!
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Wow. I sure am glad I have the cheapest base model Dakota money could buy. A 4 cylinder engine with the stinkin' 15 gallon tank. I've always complained about the small tank in the past, but now I'm glad because a fill-up still hasn't cost me more than 30 bucks yet.
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ObieWonDakota
Dodge Dakota
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8/31/2005
11:53:55
| RE: 3.41 for a gallon of gas WTF!
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Note to Tom Byrne:
Not trying to start an argument, but the reason gas in most European countries is so high is because of socialism. Those high prices include taxes that pay for their medical, dental, etc. If we are going to start paying what Europe is paying, I don't want to ever have to pay for a doctor visit again. The downside is, you don't get to see the doctor of your choice and the waiting list for surgery is very long. I'm basing this on what I have read in history and economic books, plus my time in the Air Force when I was stationed in Europe. If someone can prove me wrong, I'll retract.
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?
Dodge Dakota
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8/31/2005
11:54:34
| RE: 3.41 for a gallon of gas WTF!
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Note for Justin -- OPEC does not set the price..
It is " set " by the A-holes in New York who have
So MUCH money they don't know what to do with
other than create hardship for us ordinary "Joe's".......... It was a MAJOR mistake to put Crude and even Gas ( the fuel )
not ' Natural Gas ' [ although it is as well ]
on the Commodity markets, Tooo many pension funds
and other Rich dummies to fix the price..
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Walt_Felix
Dodge Dakota
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8/31/2005
12:19:31
| RE: 3.41 for a gallon of gas WTF!
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I would say the government it to blame in the aspect, they have done rather little to plan and prepare for this. As being reported by the news, we haven’t built a new refinery since 1976. They’ve allowed environmentalist groups and such to hold up exploration, research and production projects for far too long. Yet, because many in Washington have close ties to the oil industry, they have done little to nothing to push the conservation issue forward either.
Additionally, what alternative fuels and power sources that are available are still mostly cost prohibitive at this point. For example, because of high electricity costs, I’ve researched installing either solar and/or wind power generation for electric power in my home. The problem is a solar system capable of powering my single family home would cost me nearly $40k to install. That’s a lot of money to spend to save on a $150 a month power bill. Even with the tax breaks and low interest loans that are available, it’s still cost prohibitive. As the technology advances and it’s usage increases, the initial cost will come down. But to date, they have made nothing more than a halfhearted effort to promote other power/fuel technologies.
Washington’s failure is greed and a lack of foresight.
__________________
Walt Felix
http://www.Walt-n-Ingrid.Com
http://dodgetruckworld.com/waltfelix
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Tom Byrne
Dodge Dakota
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8/31/2005
15:00:36
| RE: 3.41 for a gallon of gas WTF!
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Correct, much of the reason for high fuel prices in Europe is socialism. Latvia, like most of the ol Soviet bloc, has lower taxes than Western Europe and has gas prices just over $4.00 per gallon. Still Europe's base prices are higher than ours. FYI: How many people know that we purchase more oil from Venezuela than from the entire Middle East. Also, Norway is the fifth largest producer of crude oil. Canada has oil sands, also known as heavy sour crude (as opposed to light sweet crude we are all familiar with). If heavy sour crude was considered, Canada has the second largest oil rserves behind the Saudi's. The problem is that is costs ore to refine heavy sour into gasoline than light sweet.That could change in the near future.
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Jim
Dodge Dakota
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8/31/2005
15:29:09
| RE: 3.41 for a gallon of gas WTF!
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Funny how some of you guys know so much about places in the world you have never been to. I guess "Google smarts" is the new street cred, or FoxNews.com
Anyway, oil prices have been held artificially low in this country for some time. It had to catch up sooner or later. We are the #1 energy hogs on the planet by a long shot. It's actually good if gasoline hits $5-$6/gallon and stays there. That way we will be forced to conserve.
We can't gripe about the Mercantile Exchange when we have had such great benefit from it. You guys go on about the high cost of socialism, this is the true cost of capitalism. Live with it or move. Commodities are traded freely and openly and go to the highest bidder.
Expecting the government to step in and artificially lower the price of gasoline by manipulating market forces is...socialism!!!!
Just remember, in the long run $5+/gallon is a great thing, unfortunately the resulting massive inflation and economic recession might suck for the short term
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?
Dodge Dakota
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8/31/2005
15:48:10
| RE: 3.41 for a gallon of gas WTF!
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You're such a stupid fukk Jim and I deem you.......a HOTDOG!
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Tom Byrne
Dodge Dakota
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8/31/2005
15:50:29
| RE: 3.41 for a gallon of gas WTF!
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Jim, I agree with you. This is a free market. Oil is a traded commodity (I know, I am a trader sitting in Lower Manhattan writing this)
Truth #1: Much of the price of gasoline in Europe is due to taxes.
Truth #2: Even without the taxes, European prices would still be higher than ours.
Truth #3 We are the biggest consuemr of oil
Truth #4: China is now #2 and is increasing consumption at the fastest pace.
The government should not interfere with the pricing of oil, gasoline or anything else.
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CJ
Dodge Dakota
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8/31/2005
15:58:05
| RE: 3.41 for a gallon of gas WTF!
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Hey guys, here me out.
Stop yelling at the gas station owners. My dad owned 3 gas
station slash deli's and its not our fault. Our average margain
was 2, yes 2 cent a freakin gallon. Aka when gas was 2.49 a
gallon, it cost my dad 2.47 to buy it. How do you survive off
that?
My dad has the reports on where the money increase goes, and
its the oil companies. When gas goes up, the oil companies
keep the same gain and percentage no matter what, thus
increasing the price for the gas stations and us, the buyers. The
gas stations arent getting rich, theyre gonig bankrupt, hence the
reason why my dad sold all 3 of them
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