Gas Prices/Gas Shortages

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Nope, fed.gov will not let inflation numbers go up. See, lots of fed.gov programs payouts are based on government generated inflation figures. It is in fed.gov's own interest to diddle the figures and keep the numbers down.

Its been going on since Nixon, was developed into a art form during Clinton, and revised and extended by Bush.

Governments lie.
 
The longer I observe life in these United States the more I am convinced that our irresponsible, lazy, uninformed, and overly aggressive media is doing far more damage than good. The problem is exaggerated during times of duress like terror events and natural disasters.

ROFL. I was just watching "Orwell Rolls in his Grave" which covers this exact topic.
 
Greed, simply greed, huge profits in short periods and the consumer get's it
in the ***. :cuss:
 
Gas was $2.49 three days ago...now $3.00 here!

I wish Bush (or ...fill-in-the-blank) would set a year 2020 deadline that no more gas powered cars were to be made....go Hydrogen or some other source.

Then, tell OPEC to feed all of that (non-commodity) oil to their babies....we don't need it anymore!

Something's gotta give!!

Lex in NC
 
1 US Gal equals 3.785412 Liters

converter6tf.jpg
 
In other words, if you really want expensive fuel, come to Europe.

How many of your brave soldiers have died in the middle east protecting the oil supplies?
 
1 US gallon is 4.54 litres.

You pay 3 US-$ per gallon, which makes it 3/4.54, or something like 66 cents per litre, or 82 Swiss centimes.

However, we pay 1.65 for 95 octane.

In other words, if you really want expensive fuel, come to Europe.
Nope. 1US gal = 3.78 liters.

Works out to about 100 centimes.

You used (I think) the conversion factor for Imperial Gallons.
 
Gas pricing has always bothered me. If they bought the supply that is in their current tanks underground at a certain price then why should it go up before they get the next higher priced supply?
Read my response, several posts up.

That's why.

Mike
 
OK. I merged multiple threads re: Gas prices, and then moved it to L&P.

Mike
 
The price hike is a way of keeping the supplies we have availiable to those who really need it (read: those who will pay) and generally smoothing over the whole crisis.
Thanks, Mike. That's the best whopper of the day.
 
I might be wrong, but didn't there used to be laws regarding PROFITEERING?

Also, and re this I might also be wrong, but how would you like to be the proverbial FLY ON THE WALL of oil company board rooms, where decisions concerning which refineries will be closed are made, this respecting the shortage of REFINERY CAPACITY that we lately are hearing about, being a driving force behind price spikes.

Finally, there is one more thing that I've always been curious about. Fuel prices, believe it or not, go down as well as go up, and sometimes they simply go sideways. When they go up, they move like that proverbial rocket, while when they go down, they move sloooowly.

When one asks about this seeming discrepancy, they are told something about the need for things to "work through the system". Fair enough, but how come working through the system goes much faster re upward movement than it does respecting downward movement?

As a nearby Sunoco station, don't know if it's "company owned" or a private operation, regular grade was priced at 2.50/gallon, rounded off to the nearest whole cent on Monday. Yesterday afternoon, the pump price was 2.60, and this afternoon, it was 2.86. By the way, the above price movements applied to what I strongly suspect was gasoline already in the astation's tanks.
 
In other words, if you really want expensive fuel, come to Europe.
How very true. I was last in Denmark in 1996, and I did some back-of-the-envelope calculations. It was $3.71 or so. At the time, it was $1.18 in the States.

I don't mean to pour salt in the wound, but we've had it easy for a couple of decades when it comes to gas prices. Imagine if they'd kept up with inflation. More than $3.00/gallon,easy. We still have the lowest prices in the 1st World, and people bitch no matter what the price. We've had countless opportunites to switch to alternative fuels and such, but what do I see hundreds of times in my morning commute? 2-ton plus SUVs that get 11 miles/gallon carrying one person each.

I guess it's just easier to whine than change.
 
I just filled my car up on the way home from work. I saw several gas stations change their prices today to as much as $3.20 per gallon. I saw my gas station still at $2.89 and figured I better fill up now.

The gas companies are going to wring us for every last penny!!

Luke
 
it IS a scam...it is gouging and theres nothing anyone can do about it but watch everything that delivered by truck go up too cause they arent going to take a bigger hit on fuel than they already have.

it all is going to trickle down to the low wage factory workers who drive 40 miles to work each day. Im sure bussing from schools will have to be paid from somewhere...taxes? one might say that the increase isnt much but consider that there already are many people barely getting by.


nothing like another jab to the ol economy(gasp)...while we import labor and export jobs. :cuss:
 
Erik F:

I will not presume to dispute the prices you quoted for gasoline in Denmark, where I once, very breifly visited. While I once upon a time lived and worked in Western Europe, England, Holland and West Germany, that was a long time ago.

That having been said, ABSENT THE TAX COMPONENT, INCLUDED IN THE PUMP PRICE, gasoline in Europe might cost less than it does here. In this country, the bulk of the pump price goes to the oil companies and refiners, while in Europe and other places too, the bulk of the price at the pump are taxes, paid to the government.
 
As said we still have it good compared to Europe except yes most of that is taxes.
 
Passed three stations in the Raleigh area on the way home around 5pm: regular was 3.11., 3.01, 3.11. These stations are usually 3-5 cents lower than many other places in Raleigh.
 
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