Gas prices
- Thread starter moto856
- Start date
TwentyThreeMX
PR Founding Father
went to erie sat night... paid 3.99 a few miles into ohio.. got to erie it was 3.29 WTF? never seen that much difference..normally very close maybe 10 cents MAX difference
MotoDad17
PR Founding Father
$4.29 was the cheap stuff in Michigan
Man, if only the Prez had the power to do that, eh? Then he could give you something you
truly deserve.
Oh wait, that's price fixing and sort of socialist, isn't it?
GeorgiePorgie
PR Founding Father
If obama could control Gas prices he'd give it away to all same people who got their Obama phones. We'd pay $8 a gallon and they'd get it fo FREEEEE.
flyin polack
PR Addict
Ovomit said in his campaign that if he had his way that gas would be $6.00/gal. That way more companies would go towards researching alternative energy. He said that if prices stay low...there is no incentive to research alternate fuels...
The heck with what it does to the economy and the working man that has to drive to work...
Interesting historical picture:
http://www.light2dc.com/fueloffuture.htm
http://www.light2dc.com/fueloffuture.htm
John250
PR Founding Father
He is on his way there........give him 3 and 1/2 more years!
GeorgiePorgie
PR Founding Father
<iframe width="640" height="360" src="http://www.youtube.com/embed/m1yir-p68xM" frameborder="0" allowfullscreen></iframe>
hershey
PR Elite
On a stock car with out a factory mandate to run higher octane you WILL get worse gas mileage, end of story.
Higher octane burns cooler AND slower. That is how it stops predetonation. High compression motors and forced induction motors either have the timing retarded or require higher octane to eliminate detonation problems. The reason racing motors use it you ask? It gives them the ability to run higher compression AND advanced timing resulting in more power.
Higher octane burns cooler AND slower. That is how it stops predetonation. High compression motors and forced induction motors either have the timing retarded or require higher octane to eliminate detonation problems. The reason racing motors use it you ask? It gives them the ability to run higher compression AND advanced timing resulting in more power.
GeorgiePorgie
PR Founding Father
Nothing is under $4.01 where I'm at.
This will be the new norm. This is what happens. They jack the hell out of it, then come down........jack the hell out of it. Then people gripe, then people get over it. Then people expect it to be 3.89 for a deal and fill up the cars and gascans for the deal of a price 3.89.
I bet it's going to get around 4.15 by July 4th, then go down to about 3.70 and nobody will complain anymore because 3.70 is a deal. It doesn't seem like fuel has anything to do with supply and demand.
This will be the new norm. This is what happens. They jack the hell out of it, then come down........jack the hell out of it. Then people gripe, then people get over it. Then people expect it to be 3.89 for a deal and fill up the cars and gascans for the deal of a price 3.89.
I bet it's going to get around 4.15 by July 4th, then go down to about 3.70 and nobody will complain anymore because 3.70 is a deal. It doesn't seem like fuel has anything to do with supply and demand.
stangbro01
PR Addict
Just got back from vacation, gas is $3.19 in myrtle Beach and the same in Florida, makes no sense, good thing we started fracking in Ohio for higher prices.
TimSr90
PR Addict
Its all supply and demand, but demand is being manipulated by government regulation in every step of the process in order to increase prices to artificially reduce demand. Profit margin has remained at a steady 8-15% for years. "Tax margin" has remained between 35 and 50%. This does not include the income taxes on the 15% profit margins.
Here is a prime example. About a month ago oil companies began paying a federal fine for not including a newly developed "green additive" championed by Obama's adiministration. Even though this additive was never produced in quantity, and cannot be obtained, oil companies are still being fined for not using it. You pay for that!
Another exaple, the percentage of ethanol required in gas has been substantially increased. (15% now?) Ethanol costs about $8 per gallon to make and drives up the price of crops used to make it, and everthing that feeds off those crops. You pay for that!
These are tiny examples. An oil company will make an 8-15% return off stockholders' investements or they will not exist. Every added cost applied to the numerous processes, all heavily regulated, will be added to theprice to maintain that margin. The politicians get a nice cash cow while they get to point at "greedy big oil" to take the blame.
"Supply" is a huge chain of numerous processes and transports, and any interruption in any link will affect all subsequent links. Most of those interruptions or impediments are governmnet induced and include everthing from "environmental" taxation to state taxes, to increases in labor costs on part time station clerks imposed by Obamacare. Until every link in the supply chain is cleaned up, all the crude extarction in the world won't reduce prices if they can't tunr it into fuel and deliver it to your gas tank.
You've been paying for it since at least 2011, as mandated by the Energy Independance and Security Act,
passed in 2007. As championed by GW Bush's push for cellulosic biofuels.
This is not an Obama initiative, it was a Bush initiative and Congress passed the law, neither of those
guys.
There is an EPA rule allowing 15% ethanol, not mandating it. I'm not aware of any stations actually
going to 15%, are you? The infrastructure isn't there as the pumps need to be modified.
Scoob
PR Founding Father
That makes sense, but the question I have is what made the price go up initially from say $2.00-$2.50 to $3.00-$4.00? Was it an initial tax or some sort of regulation that the government put on the supply chain then?
To be honest, we all somewhat have to realize that the price of fuel hasn't followed the cost of inflation over the years. It was actually quite lower than the national inflation rate. I just gave up getting all exctied about it in that it was time...
To be honest, we all somewhat have to realize that the price of fuel hasn't followed the cost of inflation over the years. It was actually quite lower than the national inflation rate. I just gave up getting all exctied about it in that it was time...
Man if I knew that, I'd be rich on all the options contracts I'd bought/sold.
If you figure it out, let me know but please don't tell anybody else.
Scoob
PR Founding Father
LOL! I'm not gonna find out as I'm not gonna look for the answer and I doubt anyone will tell me.
Suddenly I'm a gas price expert. I actually know one but haven't played on his
bocci team since BP left Cleveland. I could ask him but speculating is more fun.
I suppose short term you could cut gas taxes and let the roads and other stuff
they pay for go to hell. Other than that, you'd need to reanimate that free trader
Richard Nixon and impose price controls.
Long term there's stuff you can do but it means stepping on personal property
rights. Not In My Back Yard (NIMBY) will kill these ideas but if we wanted
the country to be energy independent and gas prices to be stable, we'd do
them.
1. Make a nuclear waste depository. Screw the people NIMBYs. Right
now it's in Perry, Oak Harbor, Charlevoix Michigan, freaking everywhere
there's a nuke plant. Just plain stupid to have it in residential neighborhoods.
Tell everybody in Nevada to move their casinos and whorehouses to Utah
and move the waste there. Then mandate a design, like the French did, and
let people build it with siting that is streamlined. The design would
probably come from Barberton so a double win for this area.
2. Figure out a genuine safety standard for drilling for oil/gas (it's really,
really close now) then drill. Anywhere there is oil. Stop making "public
lands" wilderness for instance. Big part of this would be stepping really
hard on private property rights though.
3. Take some of that gas tax and build transit infrastructure that is not
highway and airport. Yes, I'm talking trains. I could go on and
on about my experiences in THE WHOLE REST OF THE WORLD getting
from point A to point B. Only in the US do you have no choice
but to drive your own car. Even Australia so don't give me the big
empty country argument.
4. Tell the wanker NIMBYs up the east coast that we're sorry but
your viewshed is not important and your left wing beliefs are forcing us
to build wind farms here. Yes, wind is barely enough energy to worry
about it but would be nice to kick those green bobbleheads in the "eyeshed".
5. I'm not fond of gas mileage requirements for manufacturers but
can't argue with the long term effectiveness of that sort of rule.
The rules should be changed to encourage more efficient internal
combustion engines -diesel and Atkinson cycle. I'd have bought a
diesel truck already if there was one I could park in a normal parking
space and I didn't need a stepladder to change the oil. Why only
hybrids have Atkinson motors is beyond me. It's a simple freaking
cam change! (for what passes for an Atkinson today).
Sheesh, that enough? Your turn.