Gas Prices!!

[ben93085]

It's pretty horrible that i'm trilled to have $2.19 a gallon gas, but, whatever. I'm just happy. I think i will go for a drive tommorow (havn't done that in like a year and a half.....)

So, how are gas prices in your area now? And how long do you think this will last?

[establish_1980]

Same really, $2.17 a gallon here in San Antonio, TX. I just wonder how long it will stay this cheap. Also I heard its a 1.99 around the TX costal cities

[espy]

I filled up for less than $30 today.. I was ecstatic!

[Animematt55]

they look like they are rising again......They are still to high to me.
I think they lowered because of recent elections....now that they are almost over....back into the pocket of the admin.

[EmberAlchemist0]

Around here it's still a little high if you ask me. Our local gas station is charging $2.35 a gallon.

[ben93085]

I'm wetting myself here, because it's down from like $2.85. Filled the car up for 35 bucks. I think I might go for that drive right now......it's feels nice outside....

[Depression]

My car likes the premium juice. And it gets crap for MPG. I'm happy with the lowered prices, but not exactly thrilled.

[Alice Catherine]

...meh...
$3.29 at the nearest Shell.

[Warabit]

still about $2.59 around here. I wish it would go down to $1.99. I would cry with happyness!

[Suiko Eiji]

We're down in the $2.20 range here, too; I saw $2.09 last night on the way home... I probably should have filled up then.

they look like they are rising again......

They'll probably spike again on the whole around Thanksgiving and Christmas but with the price of oil continuing to drop, price should drop likewise, providing production remains constant.

They are still to high to me.
I think they lowered because of recent elections....now that they are almost over....back into the pocket of the admin.

I think that's retarded. It's not like oil isn't a completely market-controlled commoditity. Of course, I bet in most areas prices would drop between $0.20 to $1.00 per gallon if the government would stop taxing it.

[EmberAlchemist0]

...meh...
$3.29 at the nearest Shell.

Whoa!! That's a little high. Where the heck is gas that high? O_o;

Gas will probably rise back in price around the holidays then go back down again. It always seems times of the year people travel most the prices goes up. >_< That's just the way it is.

[animeotaku99]

I still think it hs something to do with the midterm elections. I don't care what people think our government has more controll over it then just the taxes.
I'd like to see a study that rates the price of gas to the president was in term. SO we can see what prices where like when poepl like G.H.W> Bush and CLinton where in office. With points market for mid-east conflicts

[JoeStrummer]

1.09 a litre in Canada, so about 4 dollars a gallon

[Alice Catherine]

Whoa!! That's a little high. Where the heck is gas that high? O_o;


Pennsylvania.
Of course, Shell gouges their prices, and my dad doesn't mind going to the Sunoco around a mile farther where the prices are 2.89.

[Animematt55]

Pennsylvania.
Of course, Shell gouges their prices, and my dad doesn't mind going to the Sunoco around a mile farther where the prices are 2.89.
all i can say is...try to buy american.

[Evil_Koala]

$2.07 *****es.

[jedisolo]

$1.99 here.

[Suiko Eiji]

I still think it hs something to do with the midterm elections. I don't care what people think our government has more controll over it then just the taxes.
I'd like to see a study that rates the price of gas to the president was in term. SO we can see what prices where like when poepl like G.H.W> Bush and CLinton where in office. With points market for mid-east conflicts

Here's what I can remember off of the top of my head:

On our current buying scale from OPEC has only existed since the 1970s (or very late 1960s), which saw the first energy crisis where OPEC severely cut production in 1973 and 1977(?) - that's Nixon and Carter for the Presidential Scorecard folks at home. If we're linking to Mid-East wars, one could blame this on US support for Israel when they kicked the snot out of all of their neighbors in the Six Day War (1967) and Yom Kippur War (1973). Carter? Who knows. Prices didn't drop again until 1982, where they averaged towards $3.50 - $4.00/gallon, I believe, adjusted for inflation. Prices remained pretty steady through the 80s and 90s until OPEC yet again cut production. There might have been a temporary, small spike due to Iraq invading Kuwait in 1990 but prices returned to normal ca. 1991. Prices jump in the 1990s (Clinton) because an industrializing India and China continue buying more and more oil, also from OPEC. Supply is limited and price controls are set by OPEC so they can make the most profit and provide to the most number of customers.

If production is cut, demand remains constant, price remains constant. This is economic fact.

What does this show? Basically, Adminstrations have little control on how the price of gas is at the pump. But there is another thing to look at - since we've been purchasing much of our oil from foreign sources (1970s), there have been 7 different Presidents, heavily skewed 5-2 in favor of Republicans; in fact, since 1900 there have only been 7 Democratic Presidents, most of which had thier own crisises to manage that may skew the importance of gasoline prices.

Since you believe government has more effect over gas prices - let's look at where the oil, and ultimately, gas, comes from. There are natural reserves in our own country that can sustain reletively short-run usage. They're left untapped. Why? It's not popular but then again, neither are high prices. Also, there have been no new refining methods built since the 1970s. Why does this matter? Look what happened when Huricane Katrina took out refining capacity on the Gulf Coast. Prices shot up because production received yet another cut, in the form of oil refining. I don't like looking to government for the answer and it should be for something of the utmost importance and crisis but there is one thing that they can do: make it easier to harvest our own energy. Drill more of our own oil - for us - and shift electrical power from originating from oil and instead, originating from nuclear. Again, government should make it easier for companies to build nuclear plants to meet this need.

So, yes, government is directly related for taxation increasing the cost of gasoline/oil, but they are also indirectly reflective of those same prices by setting up barriers to foreign oil dependence. I know I've ruffled quite a few feathers with this one, so I'll bow out for now.

[hiei_kurama27]

It was $1.99 for a couple days. Right now it is $2.18.

[HELLFISH88]

Here's what I can remember off of the top of my head:

On our current buying scale from OPEC has only existed since the 1970s (or very late 1960s), which saw the first energy crisis where OPEC severely cut production in 1973 and 1977(?) - that's Nixon and Carter for the Presidential Scorecard folks at home. If we're linking to Mid-East wars, one could blame this on US support for Israel when they kicked the snot out of all of their neighbors in the Six Day War (1967) and Yom Kippur War (1973). Carter? Who knows. Prices didn't drop again until 1982, where they averaged towards $3.50 - $4.00/gallon, I believe, adjusted for inflation. Prices remained pretty steady through the 80s and 90s until OPEC yet again cut production. There might have been a temporary, small spike due to Iraq invading Kuwait in 1990 but prices returned to normal ca. 1991. Prices jump in the 1990s (Clinton) because an industrializing India and China continue buying more and more oil, also from OPEC. Supply is limited and price controls are set by OPEC so they can make the most profit and provide to the most number of customers.

If production is cut, demand remains constant, price remains constant. This is economic fact.

What does this show? Basically, Adminstrations have little control on how the price of gas is at the pump. But there is another thing to look at - since we've been purchasing much of our oil from foreign sources (1970s), there have been 7 different Presidents, heavily skewed 5-2 in favor of Republicans; in fact, since 1900 there have only been 7 Democratic Presidents, most of which had thier own crisises to manage that may skew the importance of gasoline prices.

Since you believe government has more effect over gas prices - let's look at where the oil, and ultimately, gas, comes from. There are natural reserves in our own country that can sustain reletively short-run usage. They're left untapped. Why? It's not popular but then again, neither are high prices. Also, there have been no new refining methods built since the 1970s. Why does this matter? Look what happened when Huricane Katrina took out refining capacity on the Gulf Coast. Prices shot up because production received yet another cut, in the form of oil refining. I don't like looking to government for the answer and it should be for something of the utmost importance and crisis but there is one thing that they can do: make it easier to harvest our own energy. Drill more of our own oil - for us - and shift electrical power from originating from oil and instead, originating from nuclear. Again, government should make it easier for companies to build nuclear plants to meet this need.

So, yes, government is directly related for taxation increasing the cost of gasoline/oil, but they are also indirectly reflective of those same prices by setting up barriers to foreign oil dependence. I know I've ruffled quite a few feathers with this one, so I'll bow out for now.



OWNED!

ABSOLUTLEY OWNED.

Good job with that one.

[Powatanner]

man! You Texas guys are lucky!

Here in my part of VA, it goes from $3.10 all the way up to $4.30!!! It's true! And I'm not even at driving age yet! So it's gonna get higher by the time i get to drive! :'( Sometimes Life can be at it's most cruel...

[Meson]

Prices bottomed out to $2.60 here. It WAS offically an arm and a leg a week ago.

[animeotaku99]

Cant you factor in teh fact that Bush (and Rice?) is a former Oil man? so he may still making money off it. Just Like Cheney is getting money from Haliburton from no bid contracts in the war

[The Million Dollar Prons]

2.70 here.

Arnold Schwarzanager doesn't know how to run a state.

[{NG}Fidel]

Of course those open ended theories that are linked by nothing other than the fact that they were their must be true. I mean it cant be more complicated can it?
Prices here are lowering but still high around 2.20 thats my part of VA.

[Chousho]

WTF! You guys are low. I just paid $2.78 here! RAWR

Of course, if it weren't for the Underground Nazi Hamsters, we'd still have it around $1.25. Darn them!

[Evil_Koala]

man! You Texas guys are lucky!

Here in my part of VA, it goes from $3.10 all the way up to $4.30!!! It's true! And I'm not even at driving age yet! So it's gonna get higher by the time i get to drive! :'( Sometimes Life can be at it's most cruel...

Which further proves that Texas always has been and will always be the best. XD

[Haro!]

I haven't looked and I honestly don't have to.

[ben93085]

I haven't looked and I honestly don't have to.

Are you just that baller, or do you..........walk...........or.....ride a bike everywhere? ::cringes::

[Haro!]

Are you just that baller, or do you..........walk...........or.....ride a bike everywhere? ::cringes::
I'm a baller AND I take the train ^_^

[HELLFISH88]

I'm a baller AND I take the train ^_^


The Subway is THE most gangster mood of transportation EVER created. By far

[Suiko Eiji]

Cant you factor in teh fact that Bush (and Rice?) is a former Oil man? so he may still making money off it. Just Like Cheney is getting money from Haliburton from no bid contracts in the war

Bush was an oil man in the 70s after he graduated from Harvard, using some of the money from his dad's oil companies. Which, if memory serves me - those companies failed. After that, he might have been in and out of the Engergy sector through the 80s but I remember him most as owner of the Houston Astros.

Does Condi own oil stock? It would make sense - they pay great dividends.

Haliburton and "No-Bid Contracts": Haliburton was originally contracted back in 1991, I believe competing with other companies. However, the contract was renewed in 2003 when we thought Saddam Heussein would, yet again, set oil wells and drilling facilities ablaze. Fortunately, that did not happen The military, whom was paying Haliburton's contract, does have a clause in their bidding proccedure that if there is no time for a true competitive bid and/or the service is highly specialized (like putting out oil fires), then there is no bid required. Cheney gets money because he *gasp* owns stock (I also think he used to sit on the board, too, which indicates he owns a "significant number" of shares).

Would it be any more corrupt if I went out and bought tons of shares of Lockheed to take advantage of the F-22s coming into service and thus "profit from the war"?

Oh, and much more back on topic - I paid $2.14 this morning on the way to work.

[ben93085]

I'm a baller AND I take the train ^_^

Ahh, As I figured. I Love driving, but sometimes i wish I lived in a major metropolitain area with a train system. When I visited DC, the metro was the coolest friken thing EVER.

[Suiko Eiji]

Ahh, As I figured. I Love driving, but sometimes i wish I lived in a major metropolitain area with a train system. When I visited DC, the metro was the coolest friken thing EVER.

I have to agree with this; I wish that the "metro" transit system actually covered, well, all of the metro Atlanta area.

[Catalyst-40]

I have to agree with this; I wish that the "metro" transit system actually covered, well, all of the metro Atlanta area.

I wholeheartedly agree. I would really like it if they extended more towards all of Dekalb County. I really wish I had a car :crybaby:.

[Suiko Eiji]

I wholeheartedly agree. I would really like it if they extended more towards all of Dekalb County. I really wish I had a car :crybaby:.

At least you have train stations in Chambodia and Doraville. I presume buses go outwards from there. Us folks on the NW have literally nothing except backed-up traffic on I-75.

[HSaabedra]

Sounds like a similar situation in Texas where the city I commute to everyday is not served by the two major mass transit systems in the Dallas/Fort Worth Metro area. It sucks.

[Old Ape Face]

i think it's 2.40 somthing around here, it's nice to know my needle goes more then half way after putting 20 bucks in it at empty.

[Heat Guy J]

Dropped under $2 here. Was 1.98 yesterday and probably even cheaper today.

[Catalyst-40]

At least you have train stations in Chambodia and Doraville. I presume buses go outwards from there. Us folks on the NW have literally nothing except backed-up traffic on I-75.

Backed-up traffic on I-75, daily?

I would think so too, though I am closest to Indian Creek. The buses there go as far as this Wal-Mart store, the stop being close to 2 miles from where I live to that store!

[Alice Catherine]

This proves how long it's been since I've been out of the house.

It's now 2.42 at the Shell I was talking about.

[Zash]

I'm in Canada...and the prices haven't been this low since 5 years ago...we're paying around 74 cents per litre.....it's not bad i don't think.

[Jon]

It's right under the $2 mark here. It's $1.99 here.

[Old Ape Face]

did anyone say Bush has complete control over gas prices? my dad can't belive that. it would make him the most powerfull person on the planet.

[Haro!]

Ahh, As I figured. I Love driving, but sometimes i wish I lived in a major metropolitain area with a train system. When I visited DC, the metro was the coolest friken thing EVER.
The DC metro is nice but doesn't go anywhere ^_^. Quite the opposite here. It looks kinda crappy I'll admit but 1 or 2 trains and I can get just about anywhere worth going.

[Chousho]

did anyone say Bush has complete control over gas prices? my dad can't belive that. it would make him the most powerfull person on the planet.
Oh, of course. Bush has control over everything. Therefore if anything goes wrong, he can get blamed.

...

What?

[Suiko Eiji]

Oh, of course. Bush has control over everything. Therefore if anything goes wrong, he can get blamed.

...

What?

Sure, if he's blamed when the prices rose, then where's the credit for when they fell?

[Animematt55]

Sure, if he's blamed when the prices rose, then where's the credit for when they fell?
Of course he is only responsible for the bad things...CLinton mad ethe gas prices go down when he put Fox News in its place when he was interviewed.... ;)

[Suiko Eiji]

^I guess that proves CNN is absolutely worthless trash.

[EmberAlchemist0]

Pennsylvania.
Of course, Shell gouges their prices, and my dad doesn't mind going to the Sunoco around a mile farther where the prices are 2.89.

I'm in Pa too but our gas prices around here aren't that high. Right now today the price is around $2.20 at the gas stations in my area.

[Chousho]

Sure, if he's blamed when the prices rose, then where's the credit for when they fell?
My tongue was firmly placed in my cheek.

[animeotaku99]

I'm a baller AND I take the train ^_^
WHat is a baller?

[Suiko Eiji]

My tongue was firmly placed in my cheek.

As was mine, to demonstrate a bit of sarchasm towards those who think the President has control over gasoline prices.

[inuyasha_junkie]

its 89.9 cents a liter in canada

[animeotaku99]

Silly Metric system

[ben93085]

WHat is a baller?

LOL

Baller Son! (http://en.wikipedia.org/wiki/Baller)

[inuyasha_junkie]

Silly Metric system


moohahahahahahaha

[Tenou]

1.09 a litre in Canada, so about 4 dollars a gallonWhere are you living? I'm in NS (we tend to have the highest prices, though we did just start regulating when it hit 120) Anyway on Friday (just before the scheduled change) it was 92.6.

[inuyasha_junkie]

dont you love thee metric system, tenou?

[superplough]

the petrol costs about NZ$1.56 a litre over here

it was up in the NZ$1.80's a couple months ago]

i have no idea how much that works out to in US$ per gallon

[LostCause]

Sydney/AU $1.40 per litre

metric system ftw

[Tenou]

dont you love thee metric system, tenou? What I love is that I'm paying $3.50 CND per gallon while it's pumped, produced and refined in Canada, yet sold for less in the US and then a bunch of Yankees scream that if I'm only paying 92.6, I'm getting off cheap. And the fact that when I buy gas, I have to pay the tax on the gas tax. /sarcasm.

But anyway, the regulation hasn't been as bad as I though it would be. The government seems to be keeping up their end of the deal, we'll just have to wait until the next crisis hits to see if they cave into industry demands.