Time to rant, screw big oil and/or their retailers

[Jesda]

Originally Posted by Stingroo

I'd kind of agree with dirt cheap here.

But I also agree that the government does need to step in and do something and cap oil prices in some way. They can do it to every other utility. Is gas not a utility? You might not get unlimited monthly use, but it sure as hell is one in my book.

Government's agenda is to raise the cost of fuel, not lower it, as evidenced by European taxes, to force us into rolling trashbins and public buses.

[Stingroo]

True, unfortunately.

Victory is yours, Jesda.

[submariner409]

Has it occurred to anyone that oil prices are carefully watched and compared to inventories and demand by a particularly scummy sort of Wall Street speculator, the Futures dealer ?? That's the cause of your oil pricing, not Big Oil. Yes, Big Oil receives the benefit of T. Boone Pickens' and George Soros' hedge betting, but the futures guys are the problem, and were the major players last year, too. We're headed there again, and OBamBam will try to bail it all out again so he still looks good.

[bolide]

LOL...Sunoco 94...$1.13 a liter, 4 liters to a gallon and the Canadian dollar close to par...you do the math!!1

[bolide]

Ooops...3.78 liters to a gallon....still???!!!

[Eric Kahn]

Reg unleaded and diesel, $2.69 down the street from me on the way home from work

[orconn]

Sub is right about the commodities futures speculators affecting the price we pay for oil and gas. If this were not the case we would be paying a lot less at the present time due to the steep drop in worldwide demand expeienced over the last year and a half. But price controls are not the answer. Our young friends who did not experience the "Stag Flation" of the nineteen seventies brought on by the price control attempts of the Nixon and Carter administrations. Price control or price capping does not work it just defers cost rises until they cannot be held at bay any longer. In a capitalist economy profits from higher demand and prices are the incentive for higher levels of exploration and more efficient production techniques and management controls. On an inflation adjusted basis we have encountered some of the lowest gas and oil prices that have occurred during the history of the petroleum industry. In the last ten years it has not been increased gas prices that have been the culprit but but declining middle class buying power that has been the culprit. But the average American was able to over consume due to cheap and irresponsble credit ...... that is until the shit hit the fan!

[ga_etc]

I just gave $2.75 a gallon for Shell 93 octane a few mins ago. Last week 93 was $2.55ish. Last week it was $47 to fill up, tonight $55. I dare say the fact that it is the end of the year and the holidays are coming up and everyone will be traveling has a factor in this too.

[Shonkenstein]

Just wait till the Chinese get tired of buying our debt and you start wiping you’re a$$ with twenties cause they’re worth less than the cost of three and a half squares of Charmin….

[GailyBedight]

If you think its bad now just wait, with our mounting debt the dollar is going to continue to fall against other currencies. As the dollar is worth less the price of crude is going to rise. Need to get Pelosi and the CA politicians to allow offshore drilling and put some people to work and increase our domestic supplies.

[Duke7010]

Don't hold back. Tell us how you really feel.

[hardrockcamaro@mac.c]

It's currently running $7.00 USD per US gallon here.

And there are people running around in 6L AMG Mercedes, Range rovers and all sorts. Bottom line, if you can afford to buy a new or newish car with a large engine you can clearly afford to put fuel in it.


The days of cheap fuel are over. It will get a *lot* worse than this over the next 5 years and as time rolls on worse and worse...

[Stingroo]

Originally Posted by hardrockcamaro@mac.c

It's currently running $7.00 USD per US gallon here.

And there are people running around in 6L AMG Mercedes, Range rovers and all sorts. Bottom line, if you can afford to buy a new or newish car with a large engine you can clearly afford to put fuel in it.


The days of cheap fuel are over. It will get a *lot* worse than this over the next 5 years and as time rolls on worse and worse...

Well, I don't know about the situation in the UK, so I won't comment, but over here, it WOULD be a lot better if we drilled for our own oil. I don't see why we're letting the reserves off the coast of FL just sit and do nothing, when it could be beneficial to our economy. Plus, if we really wanted to "stop supporting terrorists", wouldn't this be the "right" thing to do there as well? I don't understand our government sometimes, there are contradictions at every turn, inconsistencies in every situation.

It sickens me, honestly.

[stuckey]

Alaska can fuel the US for the next 700 years and probably longer with the push for eco friendly tin cans with wheels on them, but drilling around polar bears is a big no no and tree huggers every where would go APE SH!T. I'm 27 years old and can remember being 16 so eleven years ago and paying 0.89 a gallon for regular in my T/A. I could see today with the cost of living increases and all that jazz gas maybe being at the 1.60 a gallon or even the 2.00 mark but what has gone on for the past few years and appears to be coming back now is ridiculous.

[Stingroo]

Originally Posted by stuckey

Alaska can fuel the US for the next 700 years and probably longer with the push for eco friendly tin cans with wheels on them, but drilling around polar bears is a big no no and tree huggers every where would go APE SH!T. I'm 27 years old and can remember being 16 so eleven years ago and paying 0.89 a gallon for regular in my T/A. I could see today with the cost of living increases and all that jazz gas maybe being at the 1.60 a gallon or even the 2.00 mark but what has gone on for the past few years and appears to be coming back now is ridiculous.

The cheapest I remember gas was the summer of 2001. It was $1.05 a gallon, and every "Super Tuesday" the Mobil station by my house knocked 6 cents off, making it .99

I had a paper route that year for our small town weekly paper, and I remember advertising that for the price of 1 gallon of gas, you could get three WEEKS of news. (It actually worked, when I got the paper route, it had 21 customers on it, and when I left because I moved, it had 57, and covered so much area that the kid who took it over couldn't handle it, and it got split into two routes.)

Good times...