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#1 |
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Insane Collector
Join Date: Sep 2003
Location: Stony Brook, N.Y.
Age: 100
Posts: 1,648
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Well, no storms, no pipeline problems, no new middle east threats, no oil shortages and yet we are now being told that the latest price increases are because the refineries are running at full capicity and there are no new refineries being built. Why aren't there any new ones being built? We are spending $1,000,000 per hour on a war, surely there must be some spare change left over for a refinery or two? How about this, take a one time $10.00 assessment from every taxpayer and use the money to build a few new ones. After the new refineries go on line, you could recoup your $10.00 with one fill up.
Could it be that the OPEC along with the big oil companies are driving the price up because their puppets in the White House now appear to have a short shelf life? |
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#2 |
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First Kup Red Belt
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How much is gas why you all live? In Socal for the low-end grade it is about $3.50
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Private Pilot Single Engine 03/09/2007 Private Pilot Multi Engine 05/26/2007 Instrument Rated 10/20/2007 Commercial Multi Engine 12/11/2007 Commercial Single Engine 01/21/2008 Last edited by knma'91; 05-08-2007 at 02:03 PM. |
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#3 |
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Insane Collector
Join Date: Sep 2003
Location: Stony Brook, N.Y.
Age: 100
Posts: 1,648
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#4 |
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Senior Collector
Join Date: Jul 2005
Posts: 497
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You can build all the new refineries you want but the price of crude is still going through the roof.
World wide demand for crude is rapidly expanding and the hard and fast laws of economics (Supply and Demand) means it will continue to increase. Add to that the falling value of the U.S. Dollar. If you were China would you want to hold on to dollars that are devaluing? No, you buy commodities with them! To all those who lease or own pick up trucks and SUVs, it is time to bail out of them! |
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#5 |
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Insane Collector
Join Date: Sep 2003
Location: Stony Brook, N.Y.
Age: 100
Posts: 1,648
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So the "not enough refinery" excuse is just another BS excuse? Why am I not surprised. Somebody should tell that to the analyists, they swear this is the reason. We have to cut back so "Communist China" can motorize itself ? I would buy your supply and demand theory except that there is plenty of supply unless OPEC decides to cut back production to drive up the price. Perhaps our war efforts are directed at the wrong countries. Wipe out OPEC and watch how the price nose dives after every oil producer scrambles to flood the market with their oil to make up lost profit. The demand does not exceed supply if you eliminate OPEC production controls.
Last edited by STEVEJ; 05-08-2007 at 02:30 PM. |
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#6 |
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i need more space
Join Date: Sep 2006
Posts: 6,856
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its about $3.43 here in north california for the big players such as chevron, 76 and shell. i still remember me 5 years ago visiting colleges in socal and seeing prices for $0.98
like i always say, the lust for money runs the world. as consumers we pay for the brunt of their greed. even that thread on ryanair, one day someone will pay for their greed and its going to be the consumers one way or another. so who killed the electric car? gee i wonder, now instead we see this backward techonology hybrid crap on the roads. sorry if any of you own one but if you think of it, its pretty much the only thing i know of that has gone backwards in tech. and all you large SUV owners, i have nothing to say to you.
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Last edited by B-16707; 05-08-2007 at 02:49 PM. |
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#7 |
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Fleet Growing
Join Date: Apr 2007
Location: KGSP
Posts: 325
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whoa down here in greenville, south carolina you can get it for about $2.95
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boeing 767-400 no other way to fly... MOST WANTED website: www.freewebs.com/boeing737s |
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#8 |
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ЛЭТ Су-37
Join Date: Mar 2005
Location: Somewhere near MCO.
Age: 20
Posts: 1,288
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In Orlando, I thought we were starting to get it bad, it's $2.819 per gallon at the Sams Club near where I live. Ah, just like it was one year ago. Only that I have a more fuel efficient car now than I did then.
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My airport: Nowa Warszawa Int'l NWL http://www.freewebs.com/nwlairport PM me if you want Fantasy Flights. If you are interested in Joining BSA, please drop by our forum and make a post. http://s14.invisionfree.com/Bluesphe...ex.php?act=idx |
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#9 |
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Fleet Growing
Join Date: Apr 2007
Location: KGSP
Posts: 325
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we have a sams club in our town, but its on the most crowded road in South Carolina- so not reason to wait when ur car is burning up gas anyway
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boeing 767-400 no other way to fly... MOST WANTED website: www.freewebs.com/boeing737s |
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#10 | |
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MAKE 7 UP YOURS
Join Date: Jul 2006
Location: Torrance, CA
Age: 29
Posts: 1,182
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I agree with you STEVEJ that IF it was lack of refineries, it won't hurt to make a few more using tax payers' money because in long run, it will benefit us all. So that theory is sorta whacked like you mentioned in later msg.
My friends told me that the average gas price in U.S. is like $2.50. That suggests that Californians are the ones SUFFERING the most. Because we, the Californians, have a lot of vehicles compared to few smaller states COMBINED. (sorry to any Wyoming, Idaho, Dakotans etc). The avg price of $2.50 tells me that in other states, it may possibly be lower than $2.00... They are probably trying to stick it to us, 'liberal states.' lol. where i live, LA, it's about $3.60 for unleaded 87 octane... thank goodness i don't own those NEWER, PERFORMANCE CARS that require unleaded 92 octane! (MB, Lexus, BMW to name a few) Only Infiniti G35 u can get by not using 92 octane I heard; but then, why would you own expensive car if you can't afford it in the first place? roflmao! it's like seeing people wait at SAMS or COSTCO GAS in their ESCALADES, NAVIGATORS, MB S550 SL550 CLK550 or AMG or M3, M5, etc. roflmao. isn't that funny? i find it VERY AMUSING Kaitanium, I still saved up those GAS RECEIPT from 2001 - 2002 immediately after 911 attacks. It was $.89 the cheapest here. Those receipts are my living proofs that can be done... But then again, these gas execs, receive record-high bonus etc... good for them and their children... Quote:
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Jason S.W. Airport Diorama Under Construction List of My Collection View Jason's Fleet Newest Arrivals |
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#11 |
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Fleet Growing
Join Date: Apr 2007
Location: KGSP
Posts: 325
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thats so funny jason
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boeing 767-400 no other way to fly... MOST WANTED website: www.freewebs.com/boeing737s |
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#12 | |
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ЛЭТ Су-37
Join Date: Mar 2005
Location: Somewhere near MCO.
Age: 20
Posts: 1,288
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Quote:
At least we don't have it as bad as those in the EU where gas is like 1.39 Euro per liter for gas.
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My airport: Nowa Warszawa Int'l NWL http://www.freewebs.com/nwlairport PM me if you want Fantasy Flights. If you are interested in Joining BSA, please drop by our forum and make a post. http://s14.invisionfree.com/Bluesphe...ex.php?act=idx |
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#13 |
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Fleet Growing
Join Date: Apr 2007
Location: KGSP
Posts: 325
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most of the gas taxes in out town go to-- landscaping the medians on roads and even highways its stupid. half the plants the are planting are dead
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boeing 767-400 no other way to fly... MOST WANTED website: www.freewebs.com/boeing737s |
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#14 |
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Collector
Join Date: Dec 2006
Location: ENGLAND
Posts: 472
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It's about £4 a gallon for diesel round my way. That's about $8 at current exchange rates.
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#15 |
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Diecast Blasphemer
Join Date: Sep 2006
Location: Ceti Alpha V
Age: 52
Posts: 3,402
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Yup, no matter how much we cry about gas prices here, the Euros have it a lot worse. Don't y'all wish you were living in Venezuela, where gas is 28 cents a gallon? Of course, you have to deal with a nutjob, maniac president there...oh, wait, we have that problem, too.
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Steve When you wish upon a star, your dreams could come true. Except if it's a comet heading for Earth, then you and everybody else are pretty much hosed. Unless your wish was death by comet. |
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#16 | |
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MAKE 7 UP YOURS
Join Date: Jul 2006
Location: Torrance, CA
Age: 29
Posts: 1,182
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Quote:
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Jason S.W. Airport Diorama Under Construction List of My Collection View Jason's Fleet Newest Arrivals |
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#17 |
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El Jefe Grande
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I make my own gas with a fill up at Taco Bell,
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More Tupolev planes please, Ty-114, Ty-134, Ty-144 My collection: http://www.diecastaircraftforum.com/...tion-3750.html |
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#18 |
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Diecast Blasphemer
Join Date: Sep 2006
Location: Ceti Alpha V
Age: 52
Posts: 3,402
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Yeah, but I'll bet farting into the gas tank is a pain in the a.ss
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Steve When you wish upon a star, your dreams could come true. Except if it's a comet heading for Earth, then you and everybody else are pretty much hosed. Unless your wish was death by comet. |
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#19 |
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Dr. Diecast I presume?
Join Date: Jul 2000
Location: Spokane, WA
Age: 44
Posts: 3,517
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It is not the lack of refineries, it is the age of the refineries. They are requiring maintenance more often so they are not at 100% production near as much as they have been in the past.
President Clinton's administration put a stop to building more refineries years ago (1st term) because he wanted to appear to support the increase in the use of alternative fuels. Speaking of which, anybody know how much energy it takes to produce ethanol and how much energy it returns in exchange? Not near as much as crude oil ! Ethanol is not the answer my friend. Mark my words, we will eventually being using 'Mr Fusion' units on our Hummers, Civics, Porsches, etc. when the crude begins to run out. I have already arranged a third mortgage to invest in said technology. Last edited by N. Eberhard; 05-12-2007 at 04:54 AM. |
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#20 |
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Dr. Diecast I presume?
Join Date: Jul 2000
Location: Spokane, WA
Age: 44
Posts: 3,517
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A lot of folks can't understand how we came to have an oil shortage here in our country. Well, there's a very simple answer. Nobody bothered to check the oil and we just didn't know we were getting low!
The reason for that is purely geographical. Our oil is located in Alaska, California, Coastal Florida, Coastal Louisiana, Kansas, Oklahoma, Pennsylvania and Texas. Unfortunately our dipsticks are located in Washington, DC. |
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#21 |
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Insane Collector
Join Date: Sep 2003
Location: Stony Brook, N.Y.
Age: 100
Posts: 1,648
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Ok, where is there a shortage? When the oil fields were on fire and even after Katrina, when the refineries were putting out at a severely reduced rate, nobody ran out of gas. There has always been enough gas. No matter what we do to reduce consumption, OPEC will just reduce their production rate to either maintain or drive up the price. OPEC will never let the pumps run dry, doesn,t matter how high the price goes if you don't have product to sell you can't rake in those profits.
Last edited by STEVEJ; 05-12-2007 at 10:27 AM. |
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#22 |
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Diecast Blasphemer
Join Date: Sep 2006
Location: Ceti Alpha V
Age: 52
Posts: 3,402
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Problem is, many oilfields around the world are nearing depletion. Within the next 20 years, if no new fields are discovered, we'll be up the brown creek unless we find alternate fuel sources. Ethanol is not the answer, like was stated above, since it takes an enormous amount of corn to produce a gallon of the stuff. The Middle East nations know the gravy train is nearing the end, so they'll continue to squeeze until they can't get another drop or penny. China and India are trying to bring their standard of living up to the First World standards, but with over two billion people combined, that ain't too likely...but they're going to suck up a lot of oil in the meantime.
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Steve When you wish upon a star, your dreams could come true. Except if it's a comet heading for Earth, then you and everybody else are pretty much hosed. Unless your wish was death by comet. |
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#23 |
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El Jefe Grande
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Short answer on gas prices and refinery capacity…liberal democratic tree-huggers! Oil companies would invest their money in building more capacity, but liberal politicians who support the tree-hugger groups in “protecting the environment” stop them. This is the same reason we have not built more nuclear power plants, which produce cheap and reliable (and “Green) energy.
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More Tupolev planes please, Ty-114, Ty-134, Ty-144 My collection: http://www.diecastaircraftforum.com/...tion-3750.html |
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#24 |
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Insane Collector
Join Date: Sep 2003
Location: Stony Brook, N.Y.
Age: 100
Posts: 1,648
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I'll buy that the day I pull up to pump and I'm told "sorry, no gas". When katrina blew away one refinery and another one was down for some maint and the pipeline was being repaired in Alaska the price at the pump went from $2 to 3$ but the pump never went dry.
As for nuclear power plants, I live on Long Island, home of the now famous "Shoram Nuclear Power Plant". The one that was estimated to cost $300 million and ended up costing $2 Billion and never went on line. The cost is now being added onto our electric bills and we pay hands down the highest electric rates in the country. |