F... gas prices

[mlmpetert]

Originally Posted by skinsguy

Wait a minute! I'm not just blindly blaming the oil companies. I realize it all starts with OPEC and these stupid speculators that are running up the costs of oil out of fear. But let's not be stupid or naive, oil companies here in America are also making nifty profits. Don't just throw out the "Don't you want American businesses to make money" card. There is a huge difference in this situation. The difference is that this country lives and dies on oil for fuel. Everything hinges on this. Everything. And because these fuel prices have gotten out of hand in such a short amount of time, AMERICAN companies have either had to raise prices sky high on their products, or have gone out of business. It's one thing if the price of oil had naturally risen over a decade or so. I understand that inflation will eventually force all price tags to go higher, but you're talking a way dramatic increase in prices in a short amount of time. Maybe you're well off, making six figures a year or come from a wealthy family; but in the real world, with real people who are struggling to get by, the rising prices of oil is detrimental to those people's livelihood.

I absolutely agree that this county lives and dies on oil and everything hinges on it. But as demand and use of oil grows oil companies are bound to make more profits, I don’t understand why they should be vilified for that when I don’t think they share any of the blame. Its not their faults demand for oil is high and continues to grow and supply isn’t infinite. I am not well off and make nowhere near 6 figures a year, nor do I come from a wealthy or well off family in the least. I consider myself a real person and im very much affected by fuel prices and feel for others like me and you.

Things to blame for oil prices (in my opinion):

OPEC (completely illegal in our country, but they own us as long as we need oil)
Obama Administration’s policies on drilling & leasing
Current Monetary Policy (apparently the dollar aint worth a dollar anymore)
Speculators
Perennial Unrest in the Middle East (wearing my Peace in the Middle East shirt all those years didn’t do shit)
Refinery building restrictions
Lack of alternatives
Danny Snyder
Emerging Market growth aka China aka Foreigners (it turns out other people like oil too)
Summer
Big cars/trucks
Long commutes/lifestyles
Ourselves

[Monkeydad]

Originally Posted by Alvin Walton

My son just sent me a text and told me to fill up. He says its going to jump up by .30 by noon tomorrow.
Thats a huge jump. I hope he's wrong.

Maybe he's planning on blowing something up.

[MTK]

Down to $3.89 in my area today.

Last week in Chicago I saw it at $4.65... wow

[724Skinsfan]

$3.49 down here.

[Monkeydad]

Dropped $0.35 down to $3.70 here...still over $1.00 higher than last Memorial Day.

[firstdown]

Yep, the news said gas is aroun $1.05 more then last year. Drill Baby Drill

[mlmpetert]

At gas pump, 2011 was the year of the big squeeze: Associated Press Business News - MSN Money

I filled up for 2.94 yesterday. Im pretty sure it was the first time all year it was under $ for me.

[firstdown]

In our area it around $3.05 to $3.10.

[Chico23231]

Originally Posted by mlmpetert

At gas pump, 2011 was the year of the big squeeze: Associated Press Business News - MSN Money

I filled up for 2.94 yesterday. Im pretty sure it was the first time all year it was under $ for me.

WTF did you find that? filled up for 3.04 several days and saw 2.99 yesterday. You must be in southside

[mlmpetert]

Kroger by Regency Mall in the West End. You get 3 cents off w/ your Kroger card plus more if you have fuel pionts built up. I never have enough fuel points built up so this was the standard price for anyone w a kroger card.

But i do live in the Richmond City SS and theres an Exxon by my house for 3.01, which is pretty good for a name brand station.

Also i think winter blends are susposed to be cheaper beacuse they have more additives and you get worse mileage.

[Alvin Walton]

$3.08 out here.

[firstdown]

Wow just look at the past post on this thread and see how much gas has jumped and how quick. I paid $3.97 today. The gas prices will change how I use my boat this summer.

[Alvin Walton]

$4.11 last week, now at $3.98.

[firstdown]

Originally Posted by Alvin Walton

$4.11 last week, now at $3.98.

Same Location?

[Chico23231]

Originally Posted by Alvin Walton

$4.11 last week, now at $3.98.

makes sense, last week opening was like over 107 a barrel, dropped bout $4 since.