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Posted: Tue May 27, 2008 8:22 am
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Aspiring Musician
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Gas is still under $4 a gallon in Iowa, but I'm not too optimistic about that with summer travel season arriving.

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Posted: Tue May 27, 2008 8:45 am
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Hey, here in Europe, the price is over 2$ per litre!
OK? Quit complaining!


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Posted: Tue May 27, 2008 9:03 am
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Moan, Moan, Moan :twisted:

Did I do it right ?

Is the tone just right ?

Can I has a cheeseburger now ?

Gil 8)

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Posted: Tue May 27, 2008 9:51 am
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Location: I won't know until I get there.
JPD wrote:
Has anyone seen the email going around the internet with the Saudi prince and his riches from oil wealth ?...He has 10 BMW`s, 2 Rolls royces and an Audi made from silver...not silver paint...Silver, as in the metal...Nice to know where our gas money goes....Greed, thats all it is. It cost about 3 cents to refine a gallon of oil, the rest is all tax.


Ya gotta be careful about internet emails:

http://www.snopes.com/photos/automobiles/silveraudi.asp

But I agree with the greed accusation. You probably saw the recent news story about Exxon posting their second highest profit ever, yet their stock price actually dropped because investors thought it wasn't good enough.

At the station I frequent, the price was $4.05 last Thursday; Friday morning it was $4.11. The past few days I've started to see SUVs and larger pick-ups along the road with "For Sale" signs in the window. Yeah, Good Luck with that.

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Posted: Tue May 27, 2008 9:54 am
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Location: metro Chicago USA
$4.11 per gallon is about the least around metro Chicago. Much of the price is specilatours making a gob on futures.

Trying to keep personal driving down to 400 gallons per year, as old Jeep get poop mileage.


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Posted: Tue May 27, 2008 11:07 am
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Location: South Georgia
Highest price in my area that I've seen so far is about $3.85. My Lincoln gets about 20 mpg in the city and about 30 mpg on the highway, that's about average though. Joy ridin' has been outta the question for the last few years, matter of fact, my car has some cobwebs hanging from the under carriage (seriously) because of all the downtime it's been getting.

Oh well, what can ya do? :?

Been seriously giving a motorcycle a lot of thought lately.


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Posted: Tue May 27, 2008 11:31 am
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in Egypt its under a dollar a gallon


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Posted: Tue May 27, 2008 12:24 pm
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Location: Planet Earth
Ya but most places in Europe have no oil of their own. There is
enough oil in the U.S. they just wont let them dril for it. One
of the larget oil discoverys in the last 20 years has been found
in an area of the gulf. Test wells have been very good but they
can not tap due to regulations and Florida will not allow. I believe
the largest supllier of oil to the U.S. is Canada then Mexico
followed by Venesualia which just kicked all the oil companys out
and took the wells over themselfs


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Posted: Tue May 27, 2008 1:21 pm
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Highbinder wrote:
Deal with it. Other parts of the world have had it a lot worse for a considerable while longer, perhaps its time the US started thinking about conservation? Get rid of all those gas guzzlers and maybe start buying cars which'll deal with the situation better?


Deal with it is fine, but today's prices have nothing to do with supply and demand. Supply still exceeds demand.

European gas prices are higher then the States because European nations tend to tax gasoline heavily, not because it costs more in Europe to buy and refine.

Oil was $28 per bbl. before Bush started his war and Cheney let the oil companies write the bill outlining American energy policy. Today's prices are more about percieved unstability in supply, speculators using the futures market to drive up prices, the current U.S. administrations refusal to fund alternative energy projects and an extremely weak U.S. dollar....the currency oil is traded in.

I remember the gas shortage of the 70's and we knew problems were coming but did nothing to lessen the worlds dependence on oil. That gas shortage turned out to be a great big lie. This one will too. Once we've been gouged to the point that the futures market starts dropping, oil prices will stabilize again.

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Posted: Tue May 27, 2008 1:37 pm
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Quote:
I remember the gas shortage of the 70's and we knew problems were coming but did nothing to lessen the worlds dependence on oil. That gas shortage turned out to be a great big lie. This one will too. Once we've been gouged to the point that the futures market starts dropping, oil prices will stabilize again.


That shortage was a direct result of Carter's socialistic price controls. Congress had several oil executives in a hearing last week to discuss the high prices for oil and gas. Be aware that this same thing could happen again if we get a democrat president in office having the backing of a democrat controlled Congress.

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Posted: Tue May 27, 2008 1:41 pm
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Warpfield wrote:
Quote:
I remember the gas shortage of the 70's and we knew problems were coming but did nothing to lessen the worlds dependence on oil. That gas shortage turned out to be a great big lie. This one will too. Once we've been gouged to the point that the futures market starts dropping, oil prices will stabilize again.


That shortage was a direct result of Carter's socialistic price controls. Congress had several oil executives in a hearing last week to discuss the high prices for oil and gas. Be aware that this same thing could happen again if we get a democrat president in office having the backing of a democrat controlled Congress.


Carter's socialistic price controls? Maybe you remember Nixon's price freeze in the early 70's? Oh yeah, that couldn't have been socialistic, he was a republican after all.

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"is that a real poncho...i mean
Is that a mexican poncho
Or is that a sears poncho?
Hmmm...no foolin ...." FZ


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Post subject:
Posted: Tue May 27, 2008 1:41 pm
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cryingstrat wrote:
Highbinder wrote:
Deal with it. Other parts of the world have had it a lot worse for a considerable while longer, perhaps its time the US started thinking about conservation? Get rid of all those gas guzzlers and maybe start buying cars which'll deal with the situation better?


Deal with it is fine, but today's prices have nothing to do with supply and demand. Supply still exceeds demand.

European gas prices are higher then the States because European nations tend to tax gasoline heavily, not because it costs more in Europe to buy and refine.

Oil was $28 per bbl. before Bush started his war and Cheney let the oil companies write the bill outlining American energy policy. Today's prices are more about percieved unstability in supply, speculators using the futures market to drive up prices, the current U.S. administrations refusal to fund alternative energy projects and an extremely weak U.S. dollar....the currency oil is traded in.

I remember the gas shortage of the 70's and we knew problems were coming but did nothing to lessen the worlds dependence on oil. That gas shortage turned out to be a great big lie. This one will too. Once we've been gouged to the point that the futures market starts dropping, oil prices will stabilize again.


Long live the 'American Dream'? :roll:


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Posted: Tue May 27, 2008 1:52 pm
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cryingstrat wrote:
Warpfield wrote:
Quote:
I remember the gas shortage of the 70's and we knew problems were coming but did nothing to lessen the worlds dependence on oil. That gas shortage turned out to be a great big lie. This one will too. Once we've been gouged to the point that the futures market starts dropping, oil prices will stabilize again.


That shortage was a direct result of Carter's socialistic price controls. Congress had several oil executives in a hearing last week to discuss the high prices for oil and gas. Be aware that this same thing could happen again if we get a democrat president in office having the backing of a democrat controlled Congress.


Carter's socialistic price controls? Maybe you remember Nixon's price freeze in the early 70's? Oh yeah, that couldn't have been socialistic, he was a republican after all.


There are two kinds of Repubicans, big government and small government. Nixon and both Bush's are big government Republicans whereas Reagan was a small government Republican. Personally, I am an old school Reagan conservative who doesn't particularly think Bush has done that good a job in office. What differentiates a big government Republican from a Democrat, are the social issues. As a side note, I believe McCain is leaning more toward being a big government Republican, which is making me lean toward Bob Barr.

Incidentially, Nixon's price fixes were only to last a finite period, 90 days for example and, they encompassed both wages and prices. The second one was a disaster. Carter's was on fuel and lasted until Reagan lifted it.

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Posted: Tue May 27, 2008 2:04 pm
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Warpfield wrote:
cryingstrat wrote:
Warpfield wrote:
Quote:
I remember the gas shortage of the 70's and we knew problems were coming but did nothing to lessen the worlds dependence on oil. That gas shortage turned out to be a great big lie. This one will too. Once we've been gouged to the point that the futures market starts dropping, oil prices will stabilize again.


That shortage was a direct result of Carter's socialistic price controls. Congress had several oil executives in a hearing last week to discuss the high prices for oil and gas. Be aware that this same thing could happen again if we get a democrat president in office having the backing of a democrat controlled Congress.


Carter's socialistic price controls? Maybe you remember Nixon's price freeze in the early 70's? Oh yeah, that couldn't have been socialistic, he was a republican after all.


There are two kinds of Repubicans, big government and small government. Nixon and both Bush's are big government Republicans whereas Reagan was a small government Republican. Personally, I am an old school Reagan conservative who doesn't particularly think Bush has done that good a job in office. What differentiates a big government Republican from a Democrat, are the social issues. As a side note, I believe McCain is leaning more toward being a big government Republican, which is making me lean toward Bob Barr.

Incidentially, Nixon's price fixes were only to last a finite period, 90 days for example and, they encompassed both wages and prices. The second one was a disaster. Carter's was on fuel and lasted until Reagan lifted it.


Dude, I'm all for Bob Barr. This government needs a Libertarian enema!

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"is that a real poncho...i mean
Is that a mexican poncho
Or is that a sears poncho?
Hmmm...no foolin ...." FZ


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Post subject:
Posted: Tue May 27, 2008 3:34 pm
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Aspiring Musician
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Joined: Sun Feb 24, 2008 10:37 am
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Location: Scotland
Mr Bill wrote:
Hello Orvilleowner,

I'm with highbinder on this,
way to many gas guzzlers
out there.

I'm thinking over in Scotland
they're paying about $8 a gal.

Cheers.


Heh heh exactly. Round these parts its at 109p per litre, thats 9.40$ per gallon if my sums are right.


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