Gas Prices

JPG · Post by **JPG** » Tue Apr 26, 2011 1:35 pm

mrhart wrote:I work in HVAC distribution and I'm watching factories hike prices to account for increases in fuel and copper-metal-alum. This is then passed onto the HVAC dealer and onto the consumer or the small business guy.
We pay more directly at the pump, then we pay more indirectly for goods and services essential to living in the US. Its a way bigger deal than just at the pump. And while we need to control our own lives and be conservative, some things we can't do anything about. Milk and eggs going up? Gotta still have groceries.
I hope this doesn't effect Hostess products:D

I can remember when twinkies were a nickel!;) Oh and gas was less than four nickles a gallon.

Soooo why haven't twinkies gone to a dollar each?

Just a nickle below $4 here. But is slowly dropping(common after a price hike).

mrhart · Post by **mrhart** » Tue Apr 26, 2011 1:49 pm

[quote="JPG40504"]I can remember when twinkies were a nickel!]
Twinkies wont spike until "plastic" does. They are related somehow (I think its the cream filling)
4 nickles??....woooowwww I remember 49 cents maybe

JPG how do I put emoticons in quick replies, I dont see it here..

heathicus · Post by **heathicus** » Tue Apr 26, 2011 4:06 pm

I filled up yesterday for $3.75 at the "cheap" station. It's $3.79 most other stations.

The price of oil is based on two factors: 1) Supply & Demand; 2) Speculation about the future of the supply and demand.

The current speculation is that the demand will continue to rise, but the supply will not rise with it, and may actually decrease. American production is declining. Massive unrest in the middle east could severely disrupt supply. While future demand can be predicted with a great degree of accuracy, future supply, with current world events as they are, can not. Although supply hasn't been affected to date, the speculation that it could is the cause for increased prices. You also have increased production costs thanks to EPA regulations.

The solution to these high gasoline prices is simple. And it doesn't require a Presidential "task force" to figure it out. 1) Ease the regulations that require different blends of gasoline for different areas of the country for different seasons of the year. There This would simplify (and therefore lower the cost of) refining and distribution. 2) Announce that we will increase drilling our own oil right here in America. That will assure the "speculators" that the future supply of oil is not in as much danger as it was before such an announcement. Sure, it may take 5-10 years or so before we actually start seeing that additional supply hit the market, but just to know that it will be coming will have an instant impact on gasoline prices.

Do those two things, and the price of gasoline will drop below $2.00 a gallon again.

heathicus · Post by **heathicus** » Tue Apr 26, 2011 4:18 pm

Oh, and we need to stop turning our food into gasoline (ie ethanol) and so food prices can come down. Currently we're making gasoline AND food more expensive with our energy policy. Makes a lot of sense to me...

pennview · Post by **pennview** » Tue Apr 26, 2011 5:00 pm

Here's another oil-related story that one may hear about or not depending on which news outlets they listen to or read. After spending nearly $4 billion, Shell Oil Company has been denied a drilling permit by the EPA to begin drilling for some 27 billion gallons of oil off the Alaska coast because a boat it uses might pollute the air. According to the EPA's appeal board, Shell did not take emissions from an icebreaking vessel into consideration when calculating so-called greenhouse gases from the project. The closest human habitation to the proposed drilling site is the native Alaskan village of Kaktovik, with a population of 245, 70 miles away.

To me, this makes zero sense, especially when on a good day I can see from my house the smoke plumes from four different coal-fired electric power generating stations. Obviously, some folks in Washington want to see higher oil prices because it makes alternative energy sources look more attractive. But then what do we do on a calm, overcast day?

heathicus · Post by **heathicus** » Tue Apr 26, 2011 5:06 pm

pennview wrote: But then what do we do on a calm, overcast day?

http://www.youtube.com/watch?v=OSJ0CeBYG0s

pennview · Post by **pennview** » Tue Apr 26, 2011 5:09 pm

I don't think my wife has the stamina to keep that up for very long, but I'll check.

JPG · Post by **JPG** » Tue Apr 26, 2011 5:52 pm

mrhart wrote:Twinkies wont spike until "plastic" does. They are related somehow (I think its the cream filling)
4 nickles??....woooowwww I remember 49 cents maybe

JPG how do I put emoticons in quick replies, I dont see it here..

Quick Reply? I have never been successful doing that! Do tell how you are!

If you are editing a previous post, go to 'advanced' to get the smilies menu...

Ya gotta go back more than a half century for 4 nickle gas!:D

joedw00 · Post by **joedw00** » Tue Apr 26, 2011 6:37 pm

$3.59 here, I don't understand how the Quick Trip station on east side of town can charge a different price than a Quick Trip on the west side. You know that they pay the same price. The gas price around here usually goes up, then it will go down a little, then back up plus a few cents. It has been at $3.59 for about two weeks now.

heathicus · Post by **heathicus** » Tue Apr 26, 2011 9:13 pm

joedw00 wrote:$3.59 here, I don't understand how the Quick Trip station on east side of town can charge a different price than a Quick Trip on the west side. You know that they pay the same price. The gas price around here usually goes up, then it will go down a little, then back up plus a few cents. It has been at $3.59 for about two weeks now.

The price at each station (if they are honorable - unlike the one Farmer referenced who raised his price just because the other guy did) depends on the price they had to pay for gas on the day they ordered it for that particular station. It could also be that one station is in location that requires a specific blend of gas that is more expensive than the blend required where the other station is. Throughout the year, there are about 50 different regional/seasonal blends of gasoline that have to be used across the nation.