Gas is flat out ridiculous.

[PuddingTime]

$15 got me a hair over a quarter tank of gas today. It's freaking $3.45 here....that's...well....I can't even say the words on here w/out editing them.:angry::angry::brick:

[BamaDude06]

Well it could be worse. You could be filling up in Europe.

[UKat]

$15 got me a hair over a quarter tank of gas today. It's freaking $3.45 here....that's...well....I can't even say the words on here w/out editing them.:angry::angry::brick:{Premium here in Owensboro, Ky is 3.42 Puddin..........

[GatorHunter]

Cost me $83 to fill up my wife's Land Cruiser...damn 25 gallon tank...:(

[gatorunvrsty]

Premium's $3.41 here, and shows no signs of letting up anytime soon. They're predicting $4+ by summer.

[Rebel Chuck]

I filled up my 96' Tahoe yesterday for $89.00. This sucks, what the hell are we gonna do!?

[PuddingTime]

Guys.....$3.45 was for 87 octane here. It's $3.65 for premium and $4.09 for diesel in Lexington.

[gatorunvrsty]

Guys.....$3.45 was for 87 octane here. It's $3.65 for premium and $4.09 for diesel in Lexington.

Ouch! :azz: Glad they're making some headway with hydrogen automobiles. I think the Saudis see the writing on the wall; and are trying to get all they can before their product is obsolete.

[PuddingTime]

I know? Which is foolish....if they lower the costs....people will quit, or not quit but ease up, trying to push the green initiative. Which isn't a bad thing, just playing devil's advocate. It's sad. The Reds travel to St. Louis on the 28th, and my bud has some sort of V.I.P. all you can drink deal there set up. He's a Cards fan, so I was gonna drive the 5 hours there, hang out and party for the weekend, and check out the new Busch stadium, since I haven't been there yet. All this gas crap is really making me reconsider.

[Williams-Brice]

I'm a grad student. My stipend is $10,000 a year, and I'm bound by contract to not get another job. I can only hope that my wife ends up buying into my carpooling idea. Otherwise, I won't be able to put any money away until I'm actually out working.

I'm gonna have to buy a bike this summer once I'm generating a little extra income. They'll let me get another job anytime school's not in session.

This whole thing is a mess, but until we stop buying, nothing will change.

[sheluvsbama]

Well it could be worse. You could be filling up in Europe.

Now there is a ray of sunshine in all the storm clouds! :laugh:

[Gator2753]

Well it could be worse. You could be filling up in Europe.

Ill take the gas mileage that most euro cars get though...

[tennesseegirl]

It is 3.15 here on summerville sc

[WarEagle73]

I am a firm capitalist. I believe in the free market system. However, what we have now is not the free market system. The way the system is supposed to work is that if I open up Acme Widget Shop selling widgets for $5.00 each and then someone opens up an ABC Widget Shop down the street and they try to sell them at $4.90 each, I will in turn lower my price to $4.80 and so on. The competition between the two Widget stores keeps the prices in check.

Somewhere down the line this system has broken down in the world of fuel sales. They do not compete with one another. They all raise and lower their price on the same days each week almost as though they all coordinate together. If you drive across town you will see they all charge more in one section wile they all charge less in another.

And surprising as this may sound to some, $12 BILLION in profits for any corporation in a SINGLE QUARTER is absurd. Notice I said profits and not total sales. Profit means that after they paid for the cost of first acquiring and then refining their oil into gas, diesel, engine oil, grease or whatever and they have paid all their employees and covered all other expenses ranging from maintenance on equipment to development of new technology they still came away free and clear with $12 BILLION in pure profit. I'm all for a company getting to best return possible on their investment but we must look at the unique effect the oil companies has on the economy as a whole. It is apparent that the oil companies have established what amounts to a monopoly over the market. The price of fuel touches everything from the price of the food you ate for breakfast, the clothes you are wearing, and the amount you spend on your power bill. Just today we have reports that inflation rose last month at a 17 year high. It doesn't take an Economics professor from Harvard to figure out what is the major cause for this jump. If the price of fuel doesn't abate soon we will see our currently fragile economy slide down the drain.

The real conundrum we face is what will be the solution to this problem. In the short term federal & state taxes can be slashed, summer blend regulations can be eased, and possibly the strategic reserved can be tapped. Long term solutions should include new refineries and better automobile fuel economy regulations along with private sector research and development of gas free autos. The fed's should offer tax incentives to companies to develop these and tax credits to individuals that buy them.

Also, perhaps it might help if instead of congress hauling the big oil CEO's into hearings that accomplish nothing, the President summons them to the White house for private talks to discuss solutions to these problems. We don't need price regulation nor any "windfall" taxes. The prices regulations would only cause gas shortages. Also taxes are not paid by corporations due to the fact they pass all taxes on to the consumer. Really all they do is collect taxes for the government. Thus the "windfall" tax meant to punish big oil would actually only punish you and me. :brick:

[Gator2753]

WE73 for govenor, congress...president!

[WarEagle73]

WE73 for govenor, congress...president!


Thank you. However my ultimate goal is complete world domination. :thumpsup:

[SeattleGamecocks]

Thank you. However my ultimate goal is complete world domination. :thumpsup:

gotta start somewhere

[Gator2753]

I am a firm capitalist. I believe in the free market system. However, what we have now is not the free market system. The way the system is supposed to work is that if I open up Acme Widget Shop selling widgets for $5.00 each and then someone opens up an ABC Widget Shop down the street and they try to sell them at $4.90 each, I will in turn lower my price to $4.80 and so on. The competition between the two Widget stores keeps the prices in check.

Somewhere down the line this system has broken down in the world of fuel sales. They do not compete with one another. They all raise and lower their price on the same days each week almost as though they all coordinate together. If you drive across town you will see they all charge more in one section wile they all charge less in another.

And surprising as this may sound to some, $12 BILLION in profits for any corporation in a SINGLE QUARTER is absurd. Notice I said profits and not total sales. Profit means that after they paid for the cost of first acquiring and then refining their oil into gas, diesel, engine oil, grease or whatever and they have paid all their employees and covered all other expenses ranging from maintenance on equipment to development of new technology they still came away free and clear with $12 BILLION in pure profit. I'm all for a company getting to best return possible on their investment but we must look at the unique effect the oil companies has on the economy as a whole. It is apparent that the oil companies have established what amounts to a monopoly over the market. The price of fuel touches everything from the price of the food you ate for breakfast, the clothes you are wearing, and the amount you spend on your power bill. Just today we have reports that inflation rose last month at a 17 year high. It doesn't take an Economics professor from Harvard to figure out what is the major cause for this jump. If the price of fuel doesn't abate soon we will see our currently fragile economy slide down the drain.

The real conundrum we face is what will be the solution to this problem. In the short term federal & state taxes can be slashed, summer blend regulations can be eased, and possibly the strategic reserved can be tapped. Long term solutions should include new refineries and better automobile fuel economy regulations along with private sector research and development of gas free autos. The fed's should offer tax incentives to companies to develop these and tax credits to individuals that buy them.

Also, perhaps it might help if instead of congress hauling the big oil CEO's into hearings that accomplish nothing, the President summons them to the White house for private talks to discuss solutions to these problems. We don't need price regulation nor any "windfall" taxes. The prices regulations would only cause gas shortages. Also taxes are not paid by corporations due to the fact they pass all taxes on to the consumer. Really all they do is collect taxes for the government. Thus the "windfall" tax meant to punish big oil would actually only punish you and me. :brick:

I just want to quote WE73's awesome post so that it makes this page.
Carry on

[WarEagle73]

gotta start somewhere

Your right. I think now is a good time to get things started. When everyone goes to the ballot this November, forget about Obama. Clinton, and McCain. Write in WarEagle73 for Prez!!! I'll set this country on the right track. My first action will be to establish a Div I college football playoff. Once that important matter is settled I'll see to the price of gas, illegal immigration, getting he economy going, and putting Al Gore & Jimmy Cater in a good maximum security mental hospital somewhere in the area of Nome, Alaska.


:thumbs:

[Sabanocchio]

Your right. I think now is a good time to get things started. When everyone goes to the ballot this November, forget about Obama. Clinton, and McCain. Write in WarEagle73 for Prez!!! I'll set this country on the right track. My first action will be to establish a Div I college football playoff. Once that important matter is settled I'll see to the price of gas, illegal immigration, getting he economy going, and putting Al Gore & Jimmy Cater in a good maximum security mental hospital somewhere in the area of Nome, Alaska.


:thumbs:

You have my vote, WE.

[WarEagle73]

You have my vote, WE.


Glad to have you on my side. :thumpsup:

[tennesseegirl]

Me to wareagle!

[GatorBait15]

This is getting out of hand, really depressing as a kid knowing it can get alot worse in 20 years...

[WarEagle73]

This is getting out of hand, really depressing as a kid knowing it can get alot worse in 20 years...



Don't worry. In 20 years I'll be well established as worldwide Emperor and things will be much better.

[SeattleGamecocks]

Don't worry. In 20 years I'll be well established as worldwide Emperor and things will be much better.

I think you have the wrong avatar. Shouldn't it be the Emperor?

[Noah.Dreams]

Actually, gas prices in the USA are too low. Yeah, I know how absurd this sounds from a guy driving a Suburban with a 44 gallon tank.

Bitter medicine, but reality bites. If you compare gas prices around the world, you'll find prices at $7 a litre 10 years ago.

I know how much you hate economics lesson, but bear with me. If gas prices remain high long enough, there is more incentive for businesses to invest in research and development of alternative fuel systems.

One day, our engines will be propelled by solar energy, or maybe even hydrogen.

The only variable is when.

[WarEagle73]

Actually, gas prices in the USA are too low. Yeah, I know how absurd this sounds from a guy driving a Suburban with a 44 gallon tank.

Bitter medicine, but reality bites. If you compare gas prices around the world, you'll find prices at $7 a litre 10 years ago.

I know how much you hate economics lesson, but bear with me. If gas prices remain high long enough, there is more incentive for businesses to invest in research and development of alternative fuel systems.

One day, our engines will be propelled by solar energy, or maybe even hydrogen.

The only variable is when.


Most of that extraordinary high price can be attributed to taxes. Yes they have had to pay much more for their fuel (due to taxes) than we have for years. But let's compare our economic performance to that of Europe over the last say 10, 20, 30, or 40 years. How much more has our economy grew compared to theirs? Coincidence? I think not.

[zartan]

the oil companies bought and paid for the president long ago. what influence can he possibly hope to have? somehow I don't think W and his paymasters having a secret meeting is going to be of any real benefit to the nation.

[the Paradox]

Thank you. However my ultimate goal is complete world domination. :thumpsup:

Gee Brain, what do you want to do tonight?



RTR

[thethird]

Gas is $2.25 right now at the gas station by my house. After reading some of these posts I guess I really don't have room to bitch.....yet.:ph34r:

[timNem]

Gas is $2.25 right now at the gas station by my house. After reading some of these posts I guess I really don't have room to bitch.....yet.:ph34r:

*calculating shipping costs*

[Tator]

Actually, gas prices in the USA are too low. Yeah, I know how absurd this sounds from a guy driving a Suburban with a 44 gallon tank.

Bitter medicine, but reality bites. If you compare gas prices around the world, you'll find prices at $7 a litre 10 years ago.

I know how much you hate economics lesson, but bear with me. If gas prices remain high long enough, there is more incentive for businesses to invest in research and development of alternative fuel systems.

One day, our engines will be propelled by solar energy, or maybe even hydrogen.

The only variable is when.

First off, I would like to say HOLY RUSTY METAL BATMAN! 44 gallons? You either own an oil company or sleep with someone who does to be able to afford that! :ohmy::laugh:

The thing about gas prices and connecting their increase with increased alternative fuel research is that, even if gas hits $10 a gallon, it'll still be cheaper to produce on the scale needed than anything else. Ethanol is only as low as it is because of huge government subsidies. Basically, we can buy ethanol at a discounted price because we paid for the discount via our taxes.

[Noah.Dreams]

BMW Announces Hydrogen-only 7-series

By David Gluckman

http://static.automobilemag.com/_SiteConfigs/automobilemag_com/images/no_photo_100px.gif (http://www.automobilemag.com/features/news/0804_bmw_hydrogen_only_7_series/photo_01.html)

BMW (http://www.automobilemag.com/new_cars/01/bmw/index.html) has had bi-fuel Hydrogen 7s running on hydrogen and gasoline for a while, but now the company is showing a hydrogen-only version.
The mono-fuel Hydrogen 7 uses the same internal combustion V-12 as its predecessor. Though no numbers have been released, BMW claims performance (http://www.automobilemag.com/features/news/0804_bmw_hydrogen_only_7_series/index.html#) and range are increased compared to the bi-fuel sedan, and emissions are lower since gasoline has been cut from the diet. The
BMW began loaning out Hydrogen 7s in late 2006 and now has almost 100 on the road. The company points out that these are demonstration production vehicles and not prototypes. However, hydrogen vehicles won't be mass produced and sold until an infrastructure is in place to distribute the fuel. And though the vehicle itself has near-zero emissions, pollution won't be out of the picture until an environmentally friendly (http://www.automobilemag.com/features/news/0804_bmw_hydrogen_only_7_series/index.html#) way of producing hydrogen fuel is found.
The Hydrogen 7 mono-fuel will be on display at the 2008 National Hydrogen Association Conference and the 2008 SAE World Congress where the results of emissions testing will be announced.

[Noah.Dreams]

Let's try this again. The good ole USA ain't competing against Europe these days. Asia is the place, my friend.

Which country do you think graduates the most scientists and engineers?

Most of that extraordinary high price can be attributed to taxes. Yes they have had to pay much more for their fuel (due to taxes) than we have for years. But let's compare our economic performance to that of Europe over the last say 10, 20, 30, or 40 years. How much more has our economy grew compared to theirs? Coincidence? I think not.