Looks like I might get a free Cummins
#17
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What I don't understand is the price differences in different parts of the country. State taxes would account for some of the difference, but a dollar or more per gal.
It's a supply and demand thing... The oil companies supply it, so they can demand whatever the **** they want for it.
#19
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Unfortunately Domestic Oil Companies don't control prices
We now import around 420,000,000 gallons per day of oil equivalent in the US. That’s about 70% of what we need to operate all our stuff. That means we are at the mercy of the foreign oil producers (not just OPEC) and the market manipulators. Most domestic oil companies are just along for the ride. (Although, if you have any crude reserves at all right now it’s a pretty good ride).
Environmental regulations have resulted in fewer refineries and tens of different fuel blends. Production shortages and pipeline logistics amplify the current crude prices. Crude alone is approaching $1.00 per gallon.
But it’s still a bargain. Oil companies will suck crude oil from thousands of feet below the ground, boil, clean it, blend additives to it, store it, and deliver it directly into your vehicle at $1.60 per gallon. Coca Cola takes water and adds sugar and sells it to us for $1.60 per liter.
Maybe this round of increases will lure some more of the gasser drivers over from the “dark side of The Force.”
How’s that for a rant?
Gordonville
Environmental regulations have resulted in fewer refineries and tens of different fuel blends. Production shortages and pipeline logistics amplify the current crude prices. Crude alone is approaching $1.00 per gallon.
But it’s still a bargain. Oil companies will suck crude oil from thousands of feet below the ground, boil, clean it, blend additives to it, store it, and deliver it directly into your vehicle at $1.60 per gallon. Coca Cola takes water and adds sugar and sells it to us for $1.60 per liter.
Maybe this round of increases will lure some more of the gasser drivers over from the “dark side of The Force.”
How’s that for a rant?
Gordonville
#20
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Re: Unfortunately Domestic Oil Companies don't control prices
Originally posted by Gordonville
We now import around 420,000,000 gallons per day of oil equivalent in the US. That’s about 70% of what we need to operate all our stuff. That means we are at the mercy of the foreign oil producers (not just OPEC) and the market manipulators. Most domestic oil companies are just along for the ride. (Although, if you have any crude reserves at all right now it’s a pretty good ride).
Environmental regulations have resulted in fewer refineries and tens of different fuel blends. Production shortages and pipeline logistics amplify the current crude prices. Crude alone is approaching $1.00 per gallon.
But it’s still a bargain. Oil companies will suck crude oil from thousands of feet below the ground, boil, clean it, blend additives to it, store it, and deliver it directly into your vehicle at $1.60 per gallon. Coca Cola takes water and adds sugar and sells it to us for $1.60 per liter.
Maybe this round of increases will lure some more of the gasser drivers over from the “dark side of The Force.”
How’s that for a rant?
Gordonville
We now import around 420,000,000 gallons per day of oil equivalent in the US. That’s about 70% of what we need to operate all our stuff. That means we are at the mercy of the foreign oil producers (not just OPEC) and the market manipulators. Most domestic oil companies are just along for the ride. (Although, if you have any crude reserves at all right now it’s a pretty good ride).
Environmental regulations have resulted in fewer refineries and tens of different fuel blends. Production shortages and pipeline logistics amplify the current crude prices. Crude alone is approaching $1.00 per gallon.
But it’s still a bargain. Oil companies will suck crude oil from thousands of feet below the ground, boil, clean it, blend additives to it, store it, and deliver it directly into your vehicle at $1.60 per gallon. Coca Cola takes water and adds sugar and sells it to us for $1.60 per liter.
Maybe this round of increases will lure some more of the gasser drivers over from the “dark side of The Force.”
How’s that for a rant?
Gordonville
In my personal opinion, alternative fuel vehicles (hydrogen, fuel cell technology, etc) won't take off until our governments can figure out how to make the change and still get the tax revenue. Our economies are still driven by manufacture, importation, refining and distribution of petroleum. And, don't forget the special interest groups. American (and Canadian) oil producers may only be along for the ride, but that ride is a wild one on the way up due to world events and the other issues you mentioned. And Big Oil in Texas (your President's home state) is a pretty powerful lobby (neck and neck with the pharmaceutical lobby - which makes you pay twice as much as we do for prescription drugs developed and manufactured by American corporations - go figure that one - and nothing changes no matter how many times the story hits 60 Minutes)!
Sorry for the replying rant.
#21
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You're right about the energy lobby
They are powerful, and it's going to take alot to turn the ship. Alternative fuels would radically change the function of the economy and it doesn't appear that anyone is ready to make that move yet.
As far as the $1.00/gallon crude thing goes: A barrel of crude is 42 gallons not 55 gallons like the drums we are familiar with. It's a unit of measurement that has been around for sometime. An extra 13 gallons would be welcomed, but you only get 42 with the purchase of a barrel.
The rant continues.
As far as the $1.00/gallon crude thing goes: A barrel of crude is 42 gallons not 55 gallons like the drums we are familiar with. It's a unit of measurement that has been around for sometime. An extra 13 gallons would be welcomed, but you only get 42 with the purchase of a barrel.
The rant continues.
#22
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I'm sure a barrel is the same amount as a year previously. Canada trades off a longer patent right for a lower price, and thereby limits newer drugs. Also, lower pricing from this system limits R&D by Canada's own drug companies. Either way, not something that affects fuel prices.
I-75 and I-95 go through this state. Being the largest State East of the MS River, that would amount to a lot of trucking miles up and down the State. My point being, I don't accept supply and demand being a reason for the price of fuel variance. If "Big Oil", on the other hand, were gouging on prices it should be across the board.
Ed
I-75 and I-95 go through this state. Being the largest State East of the MS River, that would amount to a lot of trucking miles up and down the State. My point being, I don't accept supply and demand being a reason for the price of fuel variance. If "Big Oil", on the other hand, were gouging on prices it should be across the board.
Ed
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Re: Unfortunately Domestic Oil Companies don't control prices
Originally posted by Gordonville
Crude alone is approaching $1.00 per gallon.
Crude alone is approaching $1.00 per gallon.
Dan
#26
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Just filled up in Boise today for $2.149. Most stations are posting around $2.229. This is about $0.15 more than regular unleaded here. Don't know why.....
100 Proof
100 Proof
#27
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$2.59 in Redondo Beach Cal. I love it, I can't wait till it goes up to $3.00.......Got up to $78.00 and the pump shut off, i guess max dollar amount on pump. Still had about a little less than a quarter tank to fill it up........In stop and go traffic it's great driving around and watching my mpg meter hover arounf 9 MPG.
#28
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I just filled up at the Flying J and paid $1.59 per gallon. Regular unleaded was $1.89 per gallon. At the local corner gas stations regular is up to $2.09 per gallon. I am really glad when people ask " Does that thing got a Hemi ?" I can say "Of Course Not!".
Jason
Jason
#29
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personally, I'd like to see a VW TDI hybrid! Imagine the mileage...have to get 60+ in town. I think I'd have to have one. And be smiling as I fill up once a month with bio-diesel