is this a legit reason for high prices?

[C. Babb]

why is it that before 9/11/01 diesel prices were always about $.50 cheaper than regular unleaded gas ... now im paying $2.47 and its costing me $70 to fill up a week .... now that all of the hummers, tanks and semi's are over in Iraq (which mind you, get left over there) that George W. Bush will just make us pay in taxes and at the pump to keep soldiers moving in Iraq? i know it sounds mean ... but where does all the other billions and billions that we pay go? not everyone in congress, CIA, FBI and everything else gets paid $350,000 a year ... where does it go!?!?

[Hillbilly Jim]

You know your post does sound mean ,but where do I get one of those 350,000 dollar a year jobs. Thats a lot more than they pay us poor public servants at any level I have ever heard of.
Just a poor Hillbilly with 7 years of college education.
Hillbilly Jim

[Hillbilly Jim]

Sorry I selled over wrong, you will have to forgive me I went to public schools [state and military]for my education.

[NH2112]

Diesel is always more expensive than gasoline during good economic times, because it's an industrial fuel and when there's more industrial production, more diesel is needed. Gasoline pricing, on the other hand, is more subject to the whims of the driving public. Supply and demand, nothing more, nothing less.

[JD Diesel]

Yeah I want one of those 350,000 jobs to. Me being a public employee I only gets 38,000 and I gots me a real live high school deploma too. :D ;) JD. As far ass fuel costs we is a lot cheaper then other countries. :eek:

[Inspector]

So we have to be at the same price level as they are? I say BS. How about the oil companys plowing some of the big profits that came out of our pockets back into their refinery operations to make them more effiecent instead of letting them go to heck while they go down the road counting the money.
Just ticks me off that we should be like everybody else in the world to justify our exesistance.
Sorry about the steam.
Denny :mad:

[rjschoolcraft]

Gotta get the environmentalists out of the way before more refinerys can be built.

[ZZ]

Just read where crude hit a new record at $65 a barrel today. Any slight excuse moves it on up.

The day is soon coming where some Folk will only be able to drive to work, the grocery store and the Doctor offices.

[Inspector]

Ya know if we could just put a gag on all the analyst for just a week I bet the price would come down. It seems as though as soon as they start just thinking out loud about crude prices they talk themselves into a price raising.
If they would just shut up for a while and see what happens.
Denny :mad:

[NH2112]

Originally posted by Inspector:
Ya know if we could just put a gag on all the analyst for just a week I bet the price would come down. It seems as though as soon as they start just thinking out loud about crude prices they talk themselves into a price raising.
If they would just shut up for a while and see what happens.
Denny :mad: Yeah, it's like when these news anchors and "terrorism experts" start listing infrastructure that's vulnerable to terror attacks, and the ways in which they're vulnerable. I bet the terrorists are all saying "hey, I never thought of THAT!!"

[Paintdude]

Originally posted by ronniejoe:
Gotta get the environmentalists out of the way before more refinerys can be built. This comment always gets me..I hear it repeated alot, must be from TV news..This country can build more refineries if it wishes, were and whenever it wants to..

why build a new refinery, when you can just charge more for the product and make more profit from your exsisting facilities..Good buisness sence, really..

No one in goverments care about our cost of living, they only care about thiers..

[Quack_Addict]

With colder weather coming, I feel for those who heat their homes with fuel oil and propane, especially the elderly.

Once an oil man, always an oil man... I don't think Bush is in any hurry to do anything about lowering fuel prices.

[More Power]

I heard recently that the bulk of the oil coming off Alaska's North Slope is going to Asia, and China in particular. Pres Clinton made that possible.

All of the oil produced in US territories should be coming to the U.S.

Till the current situation changes, I oppose drilling in ANWR.

What can Bush do to lower fuel prices?

Jim

[NH2112]

Maybe he can convince his oil buddies to give it away, or at least sell diesel for $1/gallon, out of the goodness of their hearts tongue.gif

[Paintdude]

You wait for your local schools and municipalities start asking for more TAXES to cover their added expenses...The school here says they will need $30,000 more this school year for fuel in JUST the buses at these prices not higher prices...This doesn't count natural gas.

I do not think this country is being managed very well IMO...

[NH2112]

So how exactly does the gov't manage the economy? All it can do is provide an incentive to spend (by lowering interest rates, for example) or attempt to cut back inflation (by raising rates so there's less money in circulation.) The fact is, the economy is too big and has too much of a life of its own to be "managed" by anyone, be it government, Wall Street, The Trilateral Commission, etc. Basically we're just along for the ride.

[Old6.5]

I do not know how or if the govt controls stuff like the economy and/or fuel prices, however both have been in much better shape in the past. I sure feel the hit of fuel prices coming up during our grain harvest. Farmers do not get "fuel surcharges" and the like. O K I'll get down off my soap box now :confused: :mad:

[ 08-24-2005, 04:58 PM: Message edited by: Old6.5 ]

[Paintdude]

Maybe our dollar just aint worth what it used to be..Could it be because of our debt? When I am in debt, the bank seems to think I aint worth as much..

[rjwest]

Long lines at walmarts to by china stuff

Long line of boats bringing oil to china so they can make stuff for Walmart's

Long line of boats bringing stuff from china to usa to ship to Walmarts

long line of trucks/trains to bring the stuff to Walmart's

AS "POGO" said,
WE HAVE MEET THE ENEMY: AND HE IS US

Almost Forgot: Long lines of SUV's each droping one kid off at school while school bus runs around empty....

[NH2112]

Don't forget parents driving the kids to school when it's only a 5-minute walk for them. Or even simple things like combining errands in 1 trip.

[Inspector]

A bigger problem here in the US is that the EPA hasn't allowed permits for new refinerys in quite sometime. Alot of the crude in the States is the heavy high sulphur kind and rifiners are not set up to refine it in large quantities. They are set up for the light crude from the middle east and Venezuela and that has been cheap in the past so they didn't pay to much attention to refining the heavy stuff. At least that is what they would like us to believe.
I believe that the north slope crude also falls into the heavy crude type. Now this may all be just alot of BS but what can we do. Anybody else with any thoughts?
Denny
:mad:

[D-max Man]

This part is for C.Babb,


"now that all of the hummers, tanks and semi's are over in Iraq (which mind you, get left over there) that George W. Bush will just make us pay in taxes and at the pump to keep soldiers moving in Iraq?"That used to be the case but now that equipment will return home. Starting with Desert Storm, the military has returned any equipment that wasn't needed there. I have a 1985 CUVV with the Desert Storm paint job that I purchased in Texas.

This part is for all

As for the rising price of diesel, at least part of that cost is due to the tightening restrictions on diesel emissions. The oil companies are now being forced to remove sulfur from the fuel and that costs money.

Just wait until 2007 when all on hwy. diesels (Big & small) will be required to have a particulate filter. These filters are very expensive and they get plugged up easily. This will cause you to pay more for the diesel option (so the manufacturer can afford to install them and to replace them a couple times under warranty). Just wait until the warranty is over and you get the bill.

[Heartbeat Hauler]

Well the government just anounced that they would be relaxing the standards on fuel. One of those standards was the amount of sulphur in diesel fuel. Supposedly this will speed up the refining process by eliminating special blends to meet individual state requirements. I guess this good, but I'm sure the greenies are gonna start whinnin'. Side note, I think there is a bit of gouging going on, for example, last night on my way home at the station where I get my fuel the price advertised was $2.75, this morning at 09:30 it was $2.89 and 4 hours later it was $3.09. I know they didn't fill their holding tanks 3 times in the past 15 hours so they are making a premium buck on fuel they already paid for. Very smarmy and un-American.
JP

[Dimsdale]

I just love this sort of comment:

"Why build a new refinery, when you can just charge more for the product and make more profit from your exsisting facilities..Good buisness sence, really..

No one in goverments care about our cost of living, they only care about thiers.."

I agree, it seems as though there is little incentive to build new refineries, but the fact is, the EPA controls what is built and not built. The oil companies would much rather have another 100 new and efficient refineries running at 75% capacity than 148 refineries running at 95% capacity. Remember recent price spikes, caused by a refinery fire or maintenance shutdown? If there were more refineries that could take up the slack, there would be no problem. It isn't the supply of crude, it is the ability to refine it as fast as we need to use it.

Add to that the EPA mandated 40 fuel blends, recently and thankfully rescinded for a while by the President, that means that a fuel made for CA cannot be used in Lousiana. That is nuts! Not to mention the added cost to manufacture all that designer fuel that is passed on to you and me.

Drilling in ANWR (1/10 of 1% of it) will not disturb the migration of the caribou or the clouds of mousquitoes that live there. The oil pipeline from Prudhoe proved that. The warmth of the pipeline has actually increased the birth rate of the local caribou! There are huge fields of oil off of CA and FL that we cannot touch for "environmental" and political reasons. This is crap though. Ever hear of spills from oil platforms? Do you know that they are effectively artificial reefs for sealife?

See the following, particularly the last few paragraphs:

********************************
Gibbons supports offshore oil drilling

Congressman says it would help ease high U.S. gasoline prices

THE ASSOCIATED PRESS

RENO -- Rep. Jim Gibbons, R-Nev., is pressing his colleagues to open up waters off California and other coastal states to offshore drilling to help ease the pinch of high gasoline prices.

Gibbons, chairman of the House Subcommittee on Energy and Mineral Resources, made his request Saturday at a field hearing in Port Fourchon, La. -- a day after a federal judge blocked plans to extend leases for oil and gas drilling off the central California coast.

"Great energy resources can be found offshore, and improved technology enables us to tap these vast oil and gas resources in an environmentally safe manner," Gibbons said.

"As oil and natural gas prices continue to rise, we need to broaden our domestic energy production by tapping offshore resources," Gibbons added.

While chemical and oil industry representatives praised Gibbons, environmentalists said it's more important to cut demand for oil and natural gas, and increase use of renewable energy sources.

The federal judge who blocked drilling off the California coast Friday ruled that the Bush administration did not adequately consider possible damage to the ocean and marine life.

The ruling by U.S. District Judge Claudia Wilken came a day after the California Coastal Commission unanimously voted against renewing the leases, setting up a potential legal battle with the federal government.

The federal government and the U.S. energy industry are searching for new sources of oil to counter rising prices and reduce the country's dependence on foreign oil.

Waters off California, Florida and other coastal states are closed to offshore drilling.

The Louisiana field hearing provided "a forum for critical discussion about how to best promote domestic offshore energy exploration while still improving our marine environments and ensuring that nearby communities can reap the benefits of such development," Gibbons said.

About 60 percent of the oil and natural gas yet to be discovered in the United States is located offshore, he said.
************************************

Finally, the oil speculators cause the price to spike everytime an Saudi farts, or a storm is predicted, or a cold winter is feard etc., etc. You don't have to be the President to be profitting from that.

For more info on the permitting problem, read this:

*************************************
Permit for refinery likely to stand, say officials
Yuma Sun, 3/23/2005

Adblock Public comments on the proposed Yuma-area refinery will not likely result in the Environmental Protection Agency revoking the permit, officials said.

On Monday the EPA approved state regulators

[Driveshaft]

glad to be able to be online. here gas went from 2.39 to 2.50 on tuesday with no deliveries made and i mean NONE. wed went to 3.00 and by friday was 3.50 a gallon. do not know about diesel. i am getting my diesel (and gas for generator, before my electricy was restored) from my employer. we had approx. 2000 gal. of gas on tue. and was out by thur. sat. we had a delivery that we went after ourselves to victoria, tx. then a second delivery truck to victoria on saturday, by now we have close to 15000 gal. of gas and are scheduled to get a tanker of offroad fuel and one of onroad fuel picked up tue. in tyler, tx. and delivered to us by our own tankers and trucks hopefully delivered wed. i did notice sat that some local delivery trucks were starting on sat. electricity is slowly being restored and hopefully by wed. the 7th we can start to buy our own with out owing the bossman too much. we are very fortunate here in wayne co. miss. to have been a little further north of the storm. it was still a strong cat. 2 with sustained winds of 110 mph with gust of 120 to 125 mph. i started to see if i could borrow a couple of 500 gal. tanks from someone to haul on my trailer to northeast la. or to tuscaloosa, al. to fill up but now believe the lines at the pumps will be shorter by wed or thur. and we will be able to buy here with in a reasonable time frame. if we can afford it. i am one of the VERY fortunate ones to have sustained only cosmetic damage to my house. i do have a lot of trees damaged. y'all please pray for us and help in any way possible. i am still able to go to work. in fact i worked monday night. i normally work days but the night man was unable to show up.

[Paintdude]

Originally posted by Dimsdale:
I just love this sort of comment:

I do not believe everything I read or a Government person says, but I do know how business operate. All companies want to run everything to the limit(no waste), using all of their capacities,man hours,etc..Running at 75% would only lower the price of fuel, it would be wasteful as far as shareholder return on investment...But of course this is only my opinion...

[Paintdude]

Originally posted by Paintdude:


I do not think this country is being managed very well IMO... Funny how this comment has come true.(look at the date I posted it)....Just lucky I guess..I feel so bad about the loss of life in the Gulf Area..God Bless everyone in the Hurricane area..

[turbovair]

Food for thought:
It costs SaudiArabia $4 to produce one barrel of oil.Saw that on a segment on NBC Nightly News.

[NH2112]

Originally posted by turbovair:
Food for thought:
It costs SaudiArabia $4 to produce one barrel of oil.Saw that on a segment on NBC Nightly News. Well, first of all I don't trust anything I see, read, or hear on any news program. Secondly, production costs don't really have much to do with prices in the destination country - a low standard of living in the producing country or government subsidy of the industry in question will keep production costs low. The "guest workers" (usually Pakistani or Filipino) who do the menial or physical labor in Saudi Arabia aren't very well paid. Lastly, that barrel might cost $4 to produce, but what is OPEC selling it for? $65 or so these days? It looks like the real gouging is taking place far from our shores!