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(Yahoo)   Gas in 6 states tops 4 bucks a gallon, 5 bucks on its way   (news.yahoo.com ) divider line
    More: Obvious, GSPC, Empire State, list of states, mid-February  
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9137 clicks; posted to Main » on 18 Apr 2011 at 1:05 AM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2011-04-18 07:10:50 AM  

neaorin: It's not my fault you don't understand economics. I will set the price of my product to whatever you are willing to pay, even if costs stay (roughly) the same.


Yes, and when everyone involved in an industry conspires to do this all at the same time, it's known as "price-fixing", which is also known as "artificially inflating the price". I now have enough information to conclude that Ender's was correct. I admit, you had me going. Nice one.
 
2011-04-18 07:12:14 AM  
its still 3.50 here. s.c. sucks in so many ways but the gas is cheaper. too bad i don't smoke.
 
2011-04-18 07:15:38 AM  

untaken_name: neaorin: It's not my fault you don't understand economics. I will set the price of my product to whatever you are willing to pay, even if costs stay (roughly) the same.

Yes, and when everyone involved in an industry conspires to do this all at the same time, it's known as "price-fixing", which is also known as "artificially inflating the price". I now have enough information to conclude that Ender's was correct. I admit, you had me going. Nice one.


"oh noes it's teh huge conspiracy" and labelling people trolls is akin to burying your head in the sand. Well done.

Why is there so much easier for people to believe in the conspiracy than there is to check facts about what oil discoveries, look at the demand, and come to a natural conclusion that we're gonna struggle keeping up in the near future?
 
2011-04-18 07:17:16 AM  

Ender's: untaken_name: Eh, he could just be really dumb.

Yeah, he could be. Problem is, I wasn't talking about him. Look who I quoted.


You quoted my RESPONSE to the troll. Do you not know what a troll is? A troll is someone who posts to incite angry responses, not someone who responds to inciting posts. Why would anyone troll one person? That doesn't even make sense. If I WERE going to troll, I would post something that isn't true, which I have never done. I also wouldn't troll as a specific response to someone else's post. Consider the situation. It doesn't make any sense. Just because you're still mad about that thread the other day doesn't mean that I am a troll, guy. Get some perspective. Sorry I hurt your feelings or whatever. Get over it.
 
2011-04-18 07:17:28 AM  
But....if you dont have one of these, you arent a man. You probably have a small cock and women wont love you. You also wont be able to pull tree stumps out of the ground.

image.automotive.com


I actually just bought a pickup. Needed one for work as I drive about 400-700 mi/week for work purposes an get reimbursed at the IRS rate. I got 25.5mpg on my last tank.


www.tacomaworld.com
 
2011-04-18 07:18:15 AM  

cameroncrazy1984: cretinbob: Yeah, but you get paid relatively more and most likely don't commute 50 miles a day like most people. Go fark yourself.

People who commute 50 miles a day are idiots.


You mean "lucky"

/does 120 a day:(
 
2011-04-18 07:19:11 AM  
GO HOPEY MCCHANGE GO!
 
2011-04-18 07:20:55 AM  
Commute to work on a bike.
Commute to work on a motorcycle.
Commute to work walking.


Ok.
What do I do for the other 8 months?

/Meh, I telecommute anyway. But a lot of places get cold...
 
2011-04-18 07:22:21 AM  

neaorin: "oh noes it's teh huge conspiracy" and labelling people trolls is akin to burying your head in the sand. Well done.


Link (new window)

Link (new window)

Link (new window)

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Yep, it's all crazy conspiracy theory. Oil companies would NEVER engage in any unethical or illegal behavior! Oh no! Not them! What-EVER.
 
2011-04-18 07:26:51 AM  

neaorin: "oh noes it's teh huge conspiracy" and labelling people trolls is akin to burying your head in the sand. Well done.


I am racking my brain trying to remember which thread it was from last week. But dude was in there giving it his all. Dang it, where's log_jammin when you need him?
 
2011-04-18 07:27:49 AM  

untaken_name: neaorin: "oh noes it's teh huge conspiracy" and labelling people trolls is akin to burying your head in the sand. Well done.

Link (new window)

Link (new window)

Link (new window)

Link (new window)

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Link (new window)

Yep, it's all crazy conspiracy theory. Oil companies would NEVER engage in any unethical or illegal behavior! Oh no! Not them! What-EVER.


The margin of profit on a gallon of gasoline to the oil companies is about 3-6% In a lot of cases, during price swings, tankers have to stage up outside of ports waiting for prices to to back up or they unload at a loss.

BIC pens, meanwhile cost a pennt to make 12, yet they sell them for $3.29 for a 20-pack. ZOMG conspiracy!
 
2011-04-18 07:34:54 AM  

WhyteRaven74: bannerrefugee: That is the choice you made.

Not everyone gets to choose from the same choices as everyone else. And honestly there are basically two major cities in the US, Chicago and NYC, with worthwhile public transit. Every other major city is pretty well too chicken shiat to make it happen.


Really?!?
Shocking, and I am from South Carolina.
 
2011-04-18 07:37:01 AM  
And in a brilliant move of stupidity, my debit card recently was capped with a $75 limit for gas, so now I have to fill up my truck twice as often to be sure that it will be full.
 
2011-04-18 07:38:08 AM  
I have a hard time taking seriously articles which contain stuff like this, in reference to the oil market:

In a competitive model, the kind Milton Friedman likes to celebrate, companies like Sunoco and Exxon would keep their retail prices as low as possible until costs forced them to raise prices--something that simply doesn't happen.

For the last time:

1. the global demand is ever increasing (just provided a source earlier in the thread)
2. we're producing a lot less conventional oil (even if we haven't peaked globally, the largest fields in the world like Ghawar, Burgan, Cantarell all have)
3. It doesn't really matter that much whether we have peaked or not, what it matters is that we generally believe we are close to peaking - and it makes us willing to pay more to secure a supply.
4. if we have a global steel shortage for example, we open up some more factories and make more steel. We can't just do that with oil - even the oil we DO manage to find lately takes years to get online.
5. Therefore, as an oil company, I'm not gonna sell whatever oil I produce for (production costs) + x%, where x is a fixed value - Not if the world is willing to pay more because of the reasons listed above. It's NOT cost-driven.

That's it.
 
2011-04-18 07:38:19 AM  
I think it's important that people understand that oil companies need to raise prices in order to keep up with the added supply/demand flux. It's not their fault that if they want to keep announcing record-high profit quarters that they have to keep raising the price. If we could all just buy more gas then they get to continue having profit parties every three months. Buy more gas, because record-high profit quarters are necessary, people. They have to do this.

Do you understand how much it costs to pay a Big Oil CEO? You have to maintain his accustomed lifestyle or else he will leave. What would Big Oil be without their multi-million dollar salaries. Nowhere... that's where.

So if you don't want to see the prices raised at the pumps, buy more gas. If we keep them in record-high profits, they won't have to do that. Let's all get SUVs, people; do your part for the economics of Big Oil. Take care of them and they will take care of you.

I don't feel like they are asking much here. We all want record-high profits. It's the dream of every company.
 
2011-04-18 07:38:56 AM  

Ender's: Dang it, where's log_jammin when you need him?


Ta-Da!

This one?
 
2011-04-18 07:43:27 AM  

Hobodeluxe: Hick: Here is an idea. We can pay Brazil to drill, then buy their oil.

you do know oil is a fungible commodity and we pay the same no matter where it comes from right? you think that money exxon gets gets spent here? or that they will pay taxes on it? lol


That's what right-wingers actually believe. They also think gas would be cheaper if "we" were drilling for "our" oil. They actually think the oil companies (that have American-sounding names) are part of some "we".
 
2011-04-18 07:47:01 AM  
I have a 50 mile round trip commute to the office. Distance-wise it's about 75% non-congested highway (yes, in NJ!). The local roads keep my fuel efficiency down to about 35mpg, but I'm still not feeling the $4/gal burn. Plus, I telecommute about 3 days a week so really it's only 100 miles a week.

I know some of people that drive an hour and a half to two each way! Bloody awful.
 
2011-04-18 07:48:53 AM  
i.imgur.com
$1.59 for a gallon of gas. Oh, the huge manatee.
 
2011-04-18 07:49:48 AM  

MBrady: Didn't hopey and the dems have total control for two years


Obama campaigned on his desire for $4/gal gas. Can't you at least give the man credit for keeping a campaign promise?
 
2011-04-18 07:54:51 AM  

log_jammin: Ender's: Dang it, where's log_jammin when you need him?

Ta-Da!

This one?


♪♫Like a good neighbor, log_jammin is there♫♪

Dangit, did they delete ALL of his posts from that thread?
 
2011-04-18 07:56:17 AM  
Why don't they just make gas itself free and just have people pay "shipping and handling"?
 
2011-04-18 07:59:27 AM  

log_jammin: This one?


Actually, nope. That wasn't it. It was a thread where he was trolling hard, I said something about it, then everyone kinda caught on.

I remember it because it usually works the other way around for me.
 
2011-04-18 08:00:08 AM  
Now can I bring up that rising fuel costs make the price of goods rise because they are transported by truck? Even the stuff transported by train gets hauled by truck the last bit of the way.
 
2011-04-18 08:06:24 AM  
It's Jimmy Carter all over again...
 
2011-04-18 08:09:39 AM  

hicksfa2: @ThatDarkFellow WIN!

i84.photobucket.com


Yep, total win if you can't remember 2008.

www.majhost.com

/partisan bullcrap is bullcrappy. And partisan.
 
2011-04-18 08:10:25 AM  
If anybody's interested, here's the crude oil financial processing margin. It rarely goes negative but right now it's astronomically high, approaching $30 in the front month.

http://www.bloomberg.com/apps/quote?ticker=CRK321M1:IND
 
2011-04-18 08:11:56 AM  
When gas spiked under Bush the left screamed about how his oil buddies were gaming the system for personal gain, if you even attempted to tell them that was not the case they freaked even more.


Now that Obama is in charge, the same thing is happening they are silent and secretly quite content.

These hypocrites actually want gas to be expensive.
 
2011-04-18 08:12:34 AM  

Weaver95: gee, i'm sure glad we invaded the middle east...it's worked out so well for us!


It worked out very well. Just not for you. Lots of rich people are even richer thanks to the plebs following orders.
 
2011-04-18 08:19:24 AM  

Oznog: The important note is that while the Prius is a rockin' expensive car, so expensive that you can't justify the cost with the fuel savings,


Funny how the price of gas keeps rising, yet people repeat this as an axiom that holds true no matter what fuel costs are.
 
2011-04-18 08:22:20 AM  

Elvis_Bogart: Can't afford gas? Just take Obama's advice and buy a new car!


This. Absolutely the auto manufacturers / banks have a say in setting gas prices.

What better way to boost sales by convincing people to trade in an otherwise completely reliable vehicle?
 
2011-04-18 08:23:15 AM  
As long as gas guzzlers are status symbols to the simple-minded, then we'll keep having overpriced gas because people keep driving up demand.

As for the electrics, yaaa...when they die, or you trade out, what are the recyclers gonna do with the overly toxic nickel batteries? Not to mention how many hybrids I see on highways speeding along above where the gas engine kicks on.

\know it's a problem when I saw the same prices in rural coastal Carolina as I did on the Jersey Turnpike on the trip I'm on
\\at least it's over today...
 
2011-04-18 08:24:32 AM  

cameroncrazy1984: cretinbob: Yeah, but you get paid relatively more and most likely don't commute 50 miles a day like most people. Go fark yourself.

People who commute 50 miles a day are idiots.


1/10. They do this due to the severe job shortage and costs of living in most cases.

Troll harder.
 
2011-04-18 08:26:18 AM  

o5iiawah: I actually just bought a pickup. Needed one for work as I drive about 400-700 mi/week for work purposes an get reimbursed at the IRS rate. I got 25.5mpg on my last tank.


Nice. I drive a Durango. 15 mpg. Downhill.

$3.80 a gallon. $4 last week. Gas is going down!
 
2011-04-18 08:26:30 AM  
It's a speculative bubble. It will burst in a few months at most, and gas will plunge back down to $3 a gallon or lower.

And before you decide to take me to task for making that prediction, read through this thread and think about how the foolish the people who said I was an idiot back then look in retrospect, when just a few months after predicted gas would hit $5 a gallon and stay there, gas prices had fallen to around $2 a gallon.
 
2011-04-18 08:26:49 AM  

elchip: Only $3.79 a gallon here in Real America. Suck it, libs.


How are you going to buy it with no income and Wal-Mart casing out the only commerce you had left? Suck it whateverthecrap you are.
 
2011-04-18 08:28:17 AM  

BearToy: I'm so tired of seeing giant SUVs that seat 20 with the only occupant being the driver racing around town I really do hope gas goes up to $10/gallon. And it's the way they drive as well. They mash the pedal to the floor to open up that big V8 so they can be the first one applying breaks at the last minute at the next red light.


Aaaand this.
 
2011-04-18 08:29:20 AM  
I live on the IA/IL border. Gas on the IL side is about $3.85, while gas on the IA side is about $3.65. We get a tax break here, both IA and IL, on the %10 ethanol blend, which is usually an 89 octane fuel. 50 mile round trip daily commute for me, that's just to and from work, not counting any errands or shopping or such. Even with the 4 cylinder engine in my truck, there's less cash going in the beer fund.
 
2011-04-18 08:29:55 AM  

CmndrFish: cameroncrazy1984: cretinbob: Yeah, but you get paid relatively more and most likely don't commute 50 miles a day like most people. Go fark yourself.

People who commute 50 miles a day are idiots.

This.

The days of the grand suburban sprawl are over, ladies and gents.

I hope you all like apartments, or living in houses next to *gasp* black people! It's OK, though. As soon as you come back here to the real city, you'll wonder why you ever left. Sure, there may be less room down here. You may have to take the bus, or ride a train, or park your car on the street, but I promise you, down here in the real city, we're a friendly bunch. Being able to walk to work is great.

So come on back, the water's juuuuuuuuust fine.

/East Side Milwaukee, represent
//despises big city suburbs, especially Milwaukee's


Milwaukee?!

*chuckling*
 
2011-04-18 08:32:40 AM  
$5 says that the Fed is going to be saying there is no inflation and they can continue to keep interest rates at 0% and continue increasing money supply.

www.meltingpotproject.com

pogoprinciple.files.wordpress.com

Guess what is coming out the other end?
 
2011-04-18 08:34:35 AM  

CmndrFish: puffy999: You mean, the water that comes from the country?

In Milwaukee, the suburbs actually get their water from the city. Comes with the territory of being on a huge lake, I suppose. I know this isn't the norm, but if the Romans could figure it out I'm sure we can too.

Dinner_at_the_Y: Damn Race Baiting A$$hole!!

I can't tell if you're being serious or sarcastic, but let us not be naive enough to forget one of the driving forces behind the white flight in particularly northern US cities.


Anal rape, murder, and getting mugged?
 
2011-04-18 08:37:56 AM  
How come every time gas goes up, everyone is, like, "It's never going to go down, this is it! I just going to keep going up until it's eleventy five dollars a gallon!"

Then it crashes back down. And everyone says, "Whoa, we didn't see that coming!"

And I'm like, "Dude, you can look this stuff up on the internet!"
 
2011-04-18 08:39:45 AM  

Phil Herup: When gas spiked under Bush the left screamed about how his oil buddies were gaming the system for personal gain, if you even attempted to tell them that was not the case they freaked even more.
Now that Obama is in charge, the same thing is happening they are silent and secretly quite content.
These hypocrites actually want gas to be expensive.


When gas prices rose (for whatever reason) under Bush, they rose 150%.
/And nobody is denying (or silent about) current oil companies making record profits under Obama. That part you just made up.
 
2011-04-18 08:40:28 AM  

Mobkey: 1.28/L here, which is 4.85/gallon I believe.

Stop biatching.


I'm assuming you've already converted to dollars? 1.28/L = 5.12/gallon.

Either way, that extra $1 or so is tax.
 
2011-04-18 08:41:38 AM  

Mobkey: 1.28/L here, which is 4.85/gallon I believe.

Stop biatching.


100LL is $4.96 a gallon at KATW. They think fueling a car is expensive? Try a plane.
 
2011-04-18 08:42:09 AM  

TheFlannelAvenger: I live on the IA/IL border. Gas on the IL side is about $3.85, while gas on the IA side is about $3.65. We get a tax break here, both IA and IL, on the %10 ethanol blend, which is usually an 89 octane fuel. 50 mile round trip daily commute for me, that's just to and from work, not counting any errands or shopping or such. Even with the 4 cylinder engine in my truck, there's less cash going in the beer fund.


My round trip commute is 100 miles.

Consider getting a smaller vehicle for the commute. My wife drives our "family car", and I've got an econobox for commuting. It still seats four, and you can put a lot of stuff in it with the back seats folded down (it's a hatchback), and it gets really good gas mileage. Also, if you can, look into telecommuting if at all possible. I telecommute 2 days a week, that alone saves me 40% on my gas costs.

Friend of mine takes his wife's car instead of his truck when gas gets above a certain price. Since she drives less than he does, he saves that way.
 
2011-04-18 08:42:43 AM  

HotSalsaZoot: no clever name here just move along:
My 1989 Nissan Pulsar averages between 28-32 mpg.
Hardly any electronics, so in the event of an EMP attack, I'm still mobile.
Runs like a champ, and although I have had to put money into repairs here and there, it has still be WAY cheaper than something newer.

Hate to tell ya, bunky, but it has a PCM (albeit, primitive) and complies with ODB1. Upon said EMP attack, you're in walking mode.


Hate to tell ya, bunky, but EMP is not going to affect cars to any large degree.

Critical National Infrastructures Report (PDF)

Real World EMP Effects on Motor Vehicles, by Michael Z. Williamson

See the EMPCommission.org links.

Most cars will not even stall. In a test, where cars were subjected to EMP conditions, they tested both with cars turned ON, and cars turned OFF. I quote "No effects were subsequently observed in those automobiles that were not turned on during EMP exposure." NO EFFECTS FOR CARS THAT WERE TURNED OFF during the EMP, they just started right up.

EMP effects on cars that are running: "The most serious effect observed on running automobiles was that the motors in three cars stopped at field strengths of approximately 30 kV/m or above. In an actual EMP exposure, these vehicles would glide to a stop and require the driver to restart them." In other words, 90% of the cars would not even stall if they were running when an EMP happened. There were some further effects, blinking dashboard lights on some cars, etc.., read the report to see them described. Over 20% of cars experienced NO effects while running, not even burnt out radios, and to reiterate, for the cars that were OFF, there were NO effects.

Here's the conclusion of the commission for trucks: "Of the trucks that were not running during EMP exposure, none were subsequently affected during our test. Thirteen of the 18 trucks exhibited a response while running. Most seriously, three of the truck motors stopped. Two could be restarted immediately, but one required towing to a garage for repair. The other 10 trucks that responded exhibited relatively minor temporary responses that did not require driver intervention to correct. Five of the 18 trucks tested did not exhibit any anomalous response up to field strengths of approximately 50 kV/m."

An EMP could cause some cars to stall, which could definitely lead to accidents when the EMP happens. Most cars will run just fine, we will not likely see a breakdown of our auto transportation system from an EMP
 
2011-04-18 08:44:07 AM  
farking speculative pricing when buying commodities, HOW DOES IT farkING WORK?
 
2011-04-18 08:46:03 AM  
lh6.googleusercontent.com

Under my administration, energy prices will necessarily skyrocket.
 
2011-04-18 08:46:04 AM  

Pick: How come every time gas goes up, everyone is, like, "It's never going to go down, this is it! I just going to keep going up until it's eleventy five dollars a gallon!"

Then it crashes back down. And everyone says, "Whoa, we didn't see that coming!"

And I'm like, "Dude, you can look this stuff up on the internet!"


Agreed.
 
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