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Gas Prices Are Killing Us...Literally

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Gas Prices Are Killing Us...Literally

Old 08-23-05, 11:42 PM
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Gas Prices Are Killing Us...Literally

http://www.msnbc.msn.com/id/9050231/

Our own economy is turning us against each other...What next...
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Old 08-24-05, 05:53 AM
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Seems like Al Queda has won the war with minimun casualties. We are fighting among ourselves and loosing
Time for a piece conference, how big a piece do they want?
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Old 08-24-05, 07:10 AM
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It's comical to think people in the USA are going potty over gas at $2.60. It's presently about £4.05 over here, that's equal to $7.30
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Old 08-24-05, 07:27 AM
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It seems like America is going to do anything possible now to make sure they got a full tank of gas. I used to work at a gas station, and after reading that article im happy I don't anymore.
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Old 08-24-05, 08:32 AM
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Originally Posted by heckflosse
It's comical to think people in the USA are going potty over gas at $2.60. It's presently about £4.05 over here, that's equal to $7.30
Why is gasoline so expensive where you live? A barrel of oil costs the same world wide. Add in refining and distribution, the cost to produce a gallon of gas is within pennies world wide. The rest is profit and taxes.

Where I live in New jersey, gas prices are among the lowest in the USA and I would guess the world. That's because our gas taxes are among the lowest in the country. That's about to change as our state legislators have run our transportation trust fund to the bring of bankruptcy by using loopholes in the fund to take money from it to fund budget gaps. They're planning on adding about 14 cents a gallon after the fall election.

Gas prices have risen about 30% over the past year. So far only transportation costs have been affected. It's only a matter of time before the higher cost of oil used in manufacturing is passed on to the consumer. For individuals on a fixed income there is nothing comical about not having enough money to heat the house or drive to medical appointments. because everything cost more.

If there was a legitimate reason for oil prices to rise then we all just have to adjust to the new reality. But with oil speculators making record profits along side oil companies making record profits watching retired people suffer while the fat cats get fatter makes me sick to my stomach. The major oil companies just reported their second quarter earnings. Up 30 to 45%. Oil companies with dotcom earnings gains! Time to throw up.
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Old 08-24-05, 08:40 AM
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And what is funnier is - guess where alot of this money is going - The Middle East - where there is no money trail. If companies can swindle billions of dollars in advanced countries where every dollar leaves some sort of paper trail, can you only imagine where our oil money is actually ending up. Fund the next 9/11, funding the next suicide trip to the bust station, embassy or random street?

Who knows.
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Old 08-24-05, 08:57 AM
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Has anyone on the forum ever owned/operated a gas station? I'm really interested in hearing how the gas stations set their prices.

It seems to fluxate through the day based loosely on demand. I've noticed that where I live, Tuesday's are the best day of the week to fill up and Thursday's are the worst. My hypothesis for this is that most people get their paychecks on Thursday's and those that are living paycheck to paycheck have to wait until Thursday to fill their tank up. The gas stations gouge those that are living the hardest and are more forgiving to those who have money to fill up whenever the please.

I say gouge because although there is an increase in demand on a given day, the underground tanks are already filled. They already purchased "X" amount of gas at "Y" per gallon and then are picking and choosing when to change the prices. I understand basic supply and demand rules that higher demand at a static supply will cause the seller to raise the price, but over a week's time, they know how much gas they'll sell and don't need to up the price.
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Old 08-24-05, 09:06 AM
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Today I passed a forecourt selling deisel fuel at 98p a litre (£4.41 a gallon). The reason it's so expensive is that about 78% of it goes to the government
Because of the high costs of driving, and our useless public transport, cycling is accepted over here and as a result we have lots of cycle paths, cycle lanes, etc.
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Old 08-24-05, 09:16 AM
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“As the price of gas climbs, people’s values decline,”
That quote is sad.

Not accurate (values had to already be very low to resort to murder for gasoline), but it shows how desperate our society is these days.

I'm at this point willing to say all gas attendants should be issued permits and guns, preferably of sub-machinegun type, such as a steyr TMP. I think the threat of death is the only thing that will keep your garden variety scumbag honest.

Over here I haven't seen much, but I don't use the gas pump, ever...all I do at a gas station is water and snacks.
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Old 08-24-05, 09:18 AM
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Originally Posted by heckflosse
It's comical to think people in the USA are going potty over gas at $2.60. It's presently about £4.05 over here, that's equal to $7.30
Well... duh. If you guys are paying that much, it's for your government welfare and health care programs. We get taxed off gas, but it's for less. Plus, we get gas from different sources. Sure, we get it from the Middle East too, but we still get oil from South America, Africa, and other smaller countries within different continents (though to a much lesser extent than the Middle East).

If Europeans are so upset at paying for such high gas prices, you'd do well to change the nature of how you fund your social programs. Then you'd pay the gas prices we pay, and you can stop sniffing at the Americans at how we pay so little for our oil as opposed to you. We all are paying the same for our barrels of oil. I'd suggest Europeans look into their social programs and their government funding programs to see why you pay so much for your oil and stop being so snide about Americans and our lower gas prices- we fund our social programs in other ways, that's all.

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Old 08-24-05, 09:29 AM
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Koffee...
"If Europeans are so upset " The word he used was comical.
They are used to the high prices, which amounts to a user fee.
Roads are expensive.
We subsidise driving heavily, which amounts to one of those social programs you claim to disdain.

Travelinguy
Every gas crisis has a simple cause, rising demand.
AQ had nothing to do with it, our stupidity did.

TexasGuy
Countries like Saudi Arabia have huge social programs relative to the strength of their economy. Much of that money goes to feed and house people. Groups like AQ scare them more than they scare you.

Guys,
this is just the beginning, world demand is increasing faster than world supply can keep up. It will take years, but eventually demand will be greater than supply, and in a commodity market that means skyrocketing prices. Bikes are about to become real popular.
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Old 08-24-05, 09:30 AM
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Originally Posted by koffee brown
If Europeans are so upset at paying for such high gas prices, you'd do well to change the nature of how you fund your social programs. Then you'd pay the gas prices we pay, and you can stop sniffing at the Americans at how we pay so little for our oil as opposed to you. We all are paying the same for our barrels of oil. I'd suggest Europeans look into their social programs and their government funding programs to see why you pay so much for your oil and stop being so snide about Americans and our lower gas prices- we fund our social programs in other ways, that's all.

Koffee
I would give up public schooling and social welfare in exchange for lower gas prices.
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Old 08-24-05, 09:38 AM
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Originally Posted by BostonFixed
I would give up public schooling and social welfare in exchange for lower gas prices.
No Kidding.
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Old 08-24-05, 09:46 AM
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Originally Posted by TexasGuy
No Kidding.
I never learnd nuttin in public school. Except how to fight.
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Old 08-24-05, 11:00 AM
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Hey, I don't own a car or have childrn, and I'd give up public schooling too!

Still, we could always allocate lottery winnings towards schools in addition to the funding they always get. Just don't do it Illinois style- before lottery, they claimed if we got a lottery, they'd use a part of it to fund education if we'd vote on it, then when people did and the lottery initiative passed, they did give schools money... but then the government said since the schools received money from other sources, they didn't need as much government funding. So the schools got screwed anyway.

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Old 08-24-05, 11:03 AM
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Originally Posted by tom cotter
Why is gasoline so expensive where you live? A barrel of oil costs the same world wide. Add in refining and distribution, the cost to produce a gallon of gas is within pennies world wide. The rest is profit and taxes.

Where I live in New jersey, gas prices are among the lowest in the USA and I would guess the world. That's because our gas taxes are among the lowest in the country. That's about to change as our state legislators have run our transportation trust fund to the bring of bankruptcy by using loopholes in the fund to take money from it to fund budget gaps. They're planning on adding about 14 cents a gallon after the fall election.

Gas prices have risen about 30% over the past year. So far only transportation costs have been affected. It's only a matter of time before the higher cost of oil used in manufacturing is passed on to the consumer. For individuals on a fixed income there is nothing comical about not having enough money to heat the house or drive to medical appointments. because everything cost more.

If there was a legitimate reason for oil prices to rise then we all just have to adjust to the new reality. But with oil speculators making record profits along side oil companies making record profits watching retired people suffer while the fat cats get fatter makes me sick to my stomach. The major oil companies just reported their second quarter earnings. Up 30 to 45%. Oil companies with dotcom earnings gains! Time to throw up.
My dad forwarded this to me a few days ago. Forgive me if it's already been posted. Interesting, if true. I haven't checked the source so I can't vouch for the veracity of this information. I'm also not sure what Americans were paying back in March of this year. I tend to get gas once or twice a month so I usually get sticker shock(more expensive or less) when I get to the pump 'cause I'm too absent-minded to check prices until I need it.


NEW YORK (CNN/Money) - Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. Drivers in some European cities, like Amsterdam and Oslo, are paying nearly 3 times more than those in the U.S.
>
> The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.
>
> In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens, he said. All prices updated March, 2005.
>
>
> Nation City Price in USD Regular/Gallon
> Netherlands Amsterdam $6.48
> Norway Oslo $6.27
> Italy Milan $5.96
> Denmark Copenhagen $5.93
> Belgium Brussels $5.91
> Sweden Stockholm $5.80
> United Kingdom London $5.79
> Germany Frankfurt $5.57
> France Paris $5.54
> Portugal Lisbon $5.35
> Hungary Budapest $4.94
> Luxembourg $4.82
> Croatia Zagreb $4.81
> Ireland Dublin $4.78
> Switzerland Geneva $4.74
> Spain Madrid $4.55
> Japan Tokyo $4.24
> Czech Republic Prague $4.19
> Romania Bucharest $4.09
> Andorra $4.08
> Estonia Tallinn $3.62
> Bulgaria Sofia $3.52
> Brazil Brasilia $3.12
> Cuba Havana $3.03
> Taiwan Taipei $2.84
> Lebanon Beirut $2.63
> South Africa Johannesburg $2.62
> Nicaragua Managua $2.61
> Panama Panama City $2.19
> Russia Moscow $2.10
> Puerto Rico San Juan $1.74
> Saudi Arabia Riyadh $0.91
> Kuwait Kuwait City $0.78
> Egypt Cairo $0.65
> Nigeria Lagos $0.38
> Venezuela Caracas $0.12
>
> Source: air-inc.com
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Old 08-24-05, 11:40 AM
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Originally Posted by late
Koffee...

Guys,
this is just the beginning, world demand is increasing faster than world supply can keep up. It will take years, but eventually demand will be greater than supply, and in a commodity market that means skyrocketing prices. Bikes are about to become real popular.

In the 70's oil experts predicted we would deplete the world's oil supply by the year 2000. Today proven oil reserves are greater than they were in the 70's. Technology combined with higher oil prices make more expensive reserves now feasable.

I don't buy into the increasing world demand for oil is behind the increase in oil prices. For example, the oil gurus point to China as the reason for increased oil competition and the price rise. Yeah, China is using more oil than they did ten years ago, but they're not using substancially more than they used last year. Their total consumption is less than the state of California.

Today oil prices are spiking because a tropical storm MIGHT become a hurricane and MIGHT enter the Gulf Of Mexico. Last year Hurricane Charlie did enter the gulf with no spike in oil prices.

Gas prices increase daily,sometimes several times a day even though the gas in those fuel storage tanks was long paid for.

Oil company profits are out of line with what would be considered reasonable expectation for their industry size and type. We have oil people in the White House. The 2001 meeting to set oil policy for the Bush administration is still secret. No one knows what policies were set at that meeting despite freedom of information lawsuits to unseal the results going as high as the supreme court.

Oil and gasoline prices are at an all time high in this country. At the same time the top elected officers of this country, their friends and family are raking in the dough because of it. Just coincidence? I'd like to think so. But the administration's refusal to release any info relating to oil policies set in 01 doesn't exactly clear the air.

Are oil prices rising because of greed? Have we put the fox in charge of guarding the hen house?

One solution: since the experts, talking heads ,and policy geeks like to point to China as the culprit with higher oil prices and since China's consumption is about that of California, if we could get everyone in California to stop driving and start riding bicycles that should reduce the demand enough to get prices down to where they were. OK Californians, now's your chance to save us from high oil prices. Have fun!
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Old 08-24-05, 11:55 AM
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Originally Posted by koffee brown
Well... duh. If you guys are paying that much, it's for your government welfare and health care programs. We get taxed off gas, but it's for less. Plus, we get gas from different sources. Sure, we get it from the Middle East too, but we still get oil from South America, Africa, and other smaller countries within different continents (though to a much lesser extent than the Middle East).

If Europeans are so upset at paying for such high gas prices, you'd do well to change the nature of how you fund your social programs. Then you'd pay the gas prices we pay, and you can stop sniffing at the Americans at how we pay so little for our oil as opposed to you. We all are paying the same for our barrels of oil. I'd suggest Europeans look into their social programs and their government funding programs to see why you pay so much for your oil and stop being so snide about Americans and our lower gas prices- we fund our social programs in other ways, that's all.

Koffee
We've allways been used to high fuel prices so are used to it now. I can't remember the time when it was under 60p litre and I've been driving some years. It will no doubt carry on rising and we'll carry on paying for it. We just grumble and pay the money and the government knows that. The vast majority of people will just keep on whinging and filling their tanks, because that is what us Brits do, anything for a quiet life. There'll be no revolution or civil war over fuel prices.

However I do begrudge the amount of money the govenment takes off me to pay for all the social security scroungers and bogus Asylum Seekers.
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Old 08-24-05, 02:24 PM
  #19  
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Originally Posted by tom cotter
Why is gasoline so expensive where you live? A barrel of oil costs the same world wide. Add in refining and distribution, the cost to produce a gallon of gas is within pennies world wide. The rest is profit and taxes.

Where I live in New jersey, gas prices are among the lowest in the USA and I would guess the world. That's because our gas taxes are among the lowest in the country. That's about to change as our state legislators have run our transportation trust fund to the bring of bankruptcy by using loopholes in the fund to take money from it to fund budget gaps. They're planning on adding about 14 cents a gallon after the fall election.

Gas prices have risen about 30% over the past year. So far only transportation costs have been affected. It's only a matter of time before the higher cost of oil used in manufacturing is passed on to the consumer. For individuals on a fixed income there is nothing comical about not having enough money to heat the house or drive to medical appointments. because everything cost more.

If there was a legitimate reason for oil prices to rise then we all just have to adjust to the new reality. But with oil speculators making record profits along side oil companies making record profits watching retired people suffer while the fat cats get fatter makes me sick to my stomach. The major oil companies just reported their second quarter earnings. Up 30 to 45%. Oil companies with dotcom earnings gains! Time to throw up.
I remember that when I lived in CT years ago. If I was travelling through NJ I would always fioll up because it was so much cheaper. Do they stii have no self service there too? I used to always wonder why gas was cheaper AND they hired someone to actually pump it for you.......





Hey did you know that the Exxon Mobil Corp posted there highest gains ever last quarter. Hmmmmm some one is getting along with this whole thing.
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Old 08-24-05, 02:29 PM
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Gas is expensive...I don't think I'll be buying any anytime soon.
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Old 08-24-05, 02:31 PM
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WE all need to hug a tree
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Old 08-24-05, 02:32 PM
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Originally Posted by BostonFixed
I would give up public schooling and social welfare in exchange for lower gas prices.
In Illinois public schooling is funded mainly from property Taxes...as a property owner, I'd love to see this revenue come from some other fairer source.
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Old 08-24-05, 03:47 PM
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Schools should use Corporate Sponsorships... but Liberals are against that.
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Old 08-24-05, 05:55 PM
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Any time someone starts whining about the gas prices, I remind them that a gallon of Evian water still is more expensive. So is a gallon of Coke, paint, motor oil, beer, and many other liquids we rampantly consume. And, if people are fed up with paying it, I tell them to get on a bike, and usually get scoffed at. The best one was a guy I work with saying "Ride my bike??? I live, like, 6 miles away!!"
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Old 08-24-05, 10:53 PM
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Originally Posted by trekkie820
Any time someone starts whining about the gas prices, I remind them that a gallon of Evian water still is more expensive. So is a gallon of Coke, paint, motor oil, beer, and many other liquids we rampantly consume. And, if people are fed up with paying it, I tell them to get on a bike, and usually get scoffed at. The best one was a guy I work with saying "Ride my bike??? I live, like, 6 miles away!!"
Haha, very true. At the small store I used to work at, a gallon of water costs less than a 20 ounce bottle of Coke.

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