What happend to diesel prices in the last 4 days?
08-04-2005, 11:57 AM
#31
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EIA oil import figures by country
Originally posted by Stingerpup
That is all well and good, but we don't buy most of our petrolum from the Middle East.
That is one of those untruths that people are always pushing. Blame the Arabs for this, blame the Arabs for that.
The US imports most of it's crude from South America. If you want to get angry at someone, get angry at them.
And the oil companies who actually set the price that fuel sells for, plus the state/federal taxes on every gallon you purchase.
That is all well and good, but we don't buy most of our petrolum from the Middle East.
That is one of those untruths that people are always pushing. Blame the Arabs for this, blame the Arabs for that.
The US imports most of it's crude from South America. If you want to get angry at someone, get angry at them.
And the oil companies who actually set the price that fuel sells for, plus the state/federal taxes on every gallon you purchase.
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country May-05 Apr-05 YTD 2005 May-04 Jan - May 2004
--------------------------------------------------------------------------------
MEXICO 1,748 1,541 1,559 1,666 1,583
CANADA 1,722 1,676 1,586 1,646 1,601
SAUDI ARABIA 1,430 1,449 1,512 1,493 1,374
VENEZUELA 1,273 1,391 1,336 1,371 1,336
NIGERIA 1,111 1,130 1,046 1,189 1,087
IRAQ 588 542 536 674 661
ANGOLA 341 365 436 384 319
ECUADOR 238 240 289 271 200
KUWAIT 213 164 186 273 226
UNITED KINGDOM 194 256 219 250 254
RUSSIA 185 464 280 142 86
ALGERIA 152 232 175 234 195
NORWAY 117 137 128 206 174
COLOMBIA 116 183 126 173 152
BRAZIL 115 36 54 16 50
08-04-2005, 12:02 PM
#32
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Dramatic spikes in fuel prices are typically caused by refinery or pipeline problems. Looks like there was a refinery problem in El Segundo:
http://www.latimes.com/business/la-f...lines-business
http://www.latimes.com/business/la-f...lines-business
08-04-2005, 12:02 PM
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Originally posted by Buckshotmckee
Umm? I thought we had the biggest producer of crude in our possession, Iraq? We had Kuwait in our back pocket a few years ago? Even if we don't get most of our oil from the arabs, I think maybe they OWE us a little something for all we've done for them? Anybody agree?
O'ya, fuel is up through the roof in my part of the state as well, I saw $2.98 last night.
Umm? I thought we had the biggest producer of crude in our possession, Iraq? We had Kuwait in our back pocket a few years ago? Even if we don't get most of our oil from the arabs, I think maybe they OWE us a little something for all we've done for them? Anybody agree?
O'ya, fuel is up through the roof in my part of the state as well, I saw $2.98 last night.
When I hear Iraqi kids pledging allegiance I'll agree Iraq is in our posession.
08-04-2005, 12:25 PM
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Originally posted by Jonesboro
Dramatic spikes in fuel prices are typically caused by refinery or pipeline problems. Looks like there was a refinery problem in El Segundo:
http://www.latimes.com/business/la-f...lines-business
Dramatic spikes in fuel prices are typically caused by refinery or pipeline problems. Looks like there was a refinery problem in El Segundo:
http://www.latimes.com/business/la-f...lines-business
I sware these stupid idiots at the refinery's they always let something burn or break just to make a quick buck. Well they better fix it in that week and a halh they talked about and drop price's or I got a size 12 that will modivate.
08-04-2005, 03:46 PM
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It's partially our own freakin' fault. Look around your house and count the number of items you own that were made in China. We buy their stuff, they build the stuff. To build the stuff, they need energy and they increase the demand for oil and contribute to a lower supply. Add that to the other countries that are developing manufacturing economies that are energy-dependent, the lack of refining facilities in the USA, the restrictions on exploration and production and various other factors. It leads to a big headache.
08-04-2005, 08:32 PM
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Re: EIA oil import figures by country
Originally posted by billyrae
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country May-05 Apr-05 YTD 2005 May-04 Jan - May 2004
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country May-05 Apr-05 YTD 2005 May-04 Jan - May 2004
Another page on that same web site says that less than 46% of hour imports come from OPEC countries. So, those numbers you show are the raw numbers, not total percentage from different oil exporting nations.
First 5 months of 2005: 13,190 thousand barrels per day, of which 5,516 are from OPEC. That's just under 42% by my calculations. Of that 5,516....2,316 come from the Middle East, which is 41% of that 42%.
More simply said, 17.5% of our petrolum comes from the Middle East, this is information supplied by the Energy Information Administration, so....my reasoning still stands.
08-05-2005, 07:22 PM
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Originally posted by billyrae
Why aren't the big rig drivers complaining. Seems last year when gas got high they blocked freeways here in CA. This year everyone is just accepting it. That's usually the plus with diesel, diesel goes up, prices of goods go up, everyone complains and the government takes notice and regulates. They are all in essence, on our side. Heck, gas could go to $5 a gallon and it wouldn't effect the price of your McDonalds hamburger but raise diesel that much and you'll feel it.
We shoulda taken over them arab countries, thats what I say!
Why aren't the big rig drivers complaining. Seems last year when gas got high they blocked freeways here in CA. This year everyone is just accepting it. That's usually the plus with diesel, diesel goes up, prices of goods go up, everyone complains and the government takes notice and regulates. They are all in essence, on our side. Heck, gas could go to $5 a gallon and it wouldn't effect the price of your McDonalds hamburger but raise diesel that much and you'll feel it.
We shoulda taken over them arab countries, thats what I say!
08-05-2005, 07:27 PM
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Originally posted by Buckshotmckee
Umm? I thought we had the biggest producer of crude in our possession, Iraq? We had Kuwait in our back pocket a few years ago? Even if we don't get most of our oil from the arabs, I think maybe they OWE us a little something for all we've done for them? Anybody agree?
what do they owe us for ? if they had invaded our country because we had weapons of mass destruction ( witch we actually DO have) i surely would'nt think we owed them anything !!
O'ya, fuel is up through the roof in my part of the state as well, I saw $2.98 last night.
Umm? I thought we had the biggest producer of crude in our possession, Iraq? We had Kuwait in our back pocket a few years ago? Even if we don't get most of our oil from the arabs, I think maybe they OWE us a little something for all we've done for them? Anybody agree?
what do they owe us for ? if they had invaded our country because we had weapons of mass destruction ( witch we actually DO have) i surely would'nt think we owed them anything !!
O'ya, fuel is up through the roof in my part of the state as well, I saw $2.98 last night.
08-05-2005, 07:48 PM
#41
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Originally posted by herb
most of the big truckers are now owned and operated by corporations who pass the increased costs off to end users and write off the expenses from their taxes ( thank the present oil exeutive staffed federal govt. we elected for this one) . Independents that are left are in the minority and do have lobbists to take care of them.
most of the big truckers are now owned and operated by corporations who pass the increased costs off to end users and write off the expenses from their taxes ( thank the present oil exeutive staffed federal govt. we elected for this one) . Independents that are left are in the minority and do have lobbists to take care of them.
Don't get me wrong, I'd love to see fuel prices drop.
08-05-2005, 08:29 PM
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Well I guess every day they are gona bend us over just alittle more and more and more. I should have said every halh day. We had a couple of medical aid's today and every time we would go out we would look at the diesel prices. I sas 3 stations move 3 times in one day the new average around here is 2.95 and the highest we saw was 3.11 
IM gona start riding my bike here real soon at this rate.
IM gona start riding my bike here real soon at this rate.
08-06-2005, 01:32 AM
#43
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$3.03 a gallon today, going up .10 cents a day.Diesel is now 10 cents more than premium 
It's obvious they want to hurt us and our economy. The US provides alot of food for the world, I say, take their dinner plate away from them and see how they respond
It's obvious they want to hurt us and our economy. The US provides alot of food for the world, I say, take their dinner plate away from them and see how they respond
08-06-2005, 11:10 AM
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you said it!
Originally posted by Stbentoak
2.45 in Northern IN...... up 20-30 cents in 2 days...... Around a year ago 1.59 here....
We are taking a &%*$ing by these oil companies with their record profits.
But the Gov't turns a blind eye at the fleecing of America.........
2.45 in Northern IN...... up 20-30 cents in 2 days...... Around a year ago 1.59 here....
We are taking a &%*$ing by these oil companies with their record profits.
But the Gov't turns a blind eye at the fleecing of America.........
Another guy said the Arabs owed us for all we have done....well just recently we and others have killed well over 100,000 Iraqis. So I don't think they owe us much.
And we still haven't caught the S.O.B. responsible for 9/11. I support our troops and their families. God Bless 'em. But Bush needs to go.
