If people think gas prices are bad, wait till they see increases in many products that are going to be exported to the booming countries of China and India.
Originally posted by: eos
Originally posted by: sonoma1993
gas around here is $2.90-$2.99 for regular unleaded. What stupid about these prices, is that a barrel of oil right now is around $66, while last spring/summer it was somewhere from $72-$78. Back then we were paying around $3.00 a gallon. So right now, a barrel of oil is $6-$12 cheaper but yet were paying more for the gasoline.
another things, as diesel and gasoline prices continue to rise. Everything we buy at the grocery store is going to increase in price.
NOT STUPID. SUPPLY & DEMAND. CHINA. INDIA. DEMAND. SUPPLY. STOP DRIVING. MOVE CLOSER.
/fake rant
The problem is that this will never happen. There are lots of things that we could do as a society that would be of tremendous benefit to everyone, but in the end, most people are going to do what they feel will be of immediate benefit to them.Originally posted by: patentman
But then again, I am preaching to the wrong crowd here. All you want to hear is what you want to hear. If 51% of americans and politicians would finally come to the realization that oil is not the solution to all of our energy problems, more would get done towards finding a truly alternative and viable solution.
Originally posted by: Rogodin2
There are three things happening here. One is world oil markets releasing support for oil to measured by the dollar (the EU, Iraq, and China), in 74 the United States tied the intinsic worth of oil to the US dollar. Now that the dollar is becoming more and more inflated countries are dropping it as the standard. There is a theory regarding the loss of currency being tied to the gold standard as a catalyst for WW1.
The second thing happening is refinery bottleneck. The price per barrel is not significant in small marginal increases/decreases when refinery output is static (as it is now and will be for the next few years).
It takes many years (7-12) to get refineries online-and katrina wiped out serious refinery output that will take at least 5 years to replace.
The thrid thing happening is that hydrocarbon energy can't meet demand (this is peak oil)-there is a finite amount of oil in the earth-and we've wasted enough of it that with analysis of all major oil fields (which is easy and paid for by the oil companies-and create a nice smokescreen for the public) even using hubbert's gracious model we've hit it.
The two alternatives for living when a gallon of gas is $8.00 is big city living, or rural, suburbia is dead.
Rogo
Originally posted by: dmcowen674
Originally posted by: Rogodin2
There are three things happening here. One is world oil markets releasing support for oil to measured by the dollar (the EU, Iraq, and China), in 74 the United States tied the intinsic worth of oil to the US dollar. Now that the dollar is becoming more and more inflated countries are dropping it as the standard. There is a theory regarding the loss of currency being tied to the gold standard as a catalyst for WW1.
The second thing happening is refinery bottleneck. The price per barrel is not significant in small marginal increases/decreases when refinery output is static (as it is now and will be for the next few years).
It takes many years (7-12) to get refineries online-and katrina wiped out serious refinery output that will take at least 5 years to replace.
The thrid thing happening is that hydrocarbon energy can't meet demand (this is peak oil)-there is a finite amount of oil in the earth-and we've wasted enough of it that with analysis of all major oil fields (which is easy and paid for by the oil companies-and create a nice smokescreen for the public) even using hubbert's gracious model we've hit it.
The two alternatives for living when a gallon of gas is $8.00 is big city living, or rural, suburbia is dead.
Rogo
Your BS doesn't hold any water because oil inventories have been overflowing last 5 years and still overflowing in oil.
Show me gas stations that are out of gasoline and can't get any.
Originally posted by: Chaotic42
The problem is that this will never happen. There are lots of things that we could do as a society that would be of tremendous benefit to everyone, but in the end, most people are going to do what they feel will be of immediate benefit to them.Originally posted by: patentman
But then again, I am preaching to the wrong crowd here. All you want to hear is what you want to hear. If 51% of americans and politicians would finally come to the realization that oil is not the solution to all of our energy problems, more would get done towards finding a truly alternative and viable solution.
Originally posted by: Sinsear
Originally posted by: dmcowen674
Originally posted by: Rogodin2
There are three things happening here. One is world oil markets releasing support for oil to measured by the dollar (the EU, Iraq, and China), in 74 the United States tied the intinsic worth of oil to the US dollar. Now that the dollar is becoming more and more inflated countries are dropping it as the standard. There is a theory regarding the loss of currency being tied to the gold standard as a catalyst for WW1.
The second thing happening is refinery bottleneck. The price per barrel is not significant in small marginal increases/decreases when refinery output is static (as it is now and will be for the next few years).
It takes many years (7-12) to get refineries online-and katrina wiped out serious refinery output that will take at least 5 years to replace.
The thrid thing happening is that hydrocarbon energy can't meet demand (this is peak oil)-there is a finite amount of oil in the earth-and we've wasted enough of it that with analysis of all major oil fields (which is easy and paid for by the oil companies-and create a nice smokescreen for the public) even using hubbert's gracious model we've hit it.
The two alternatives for living when a gallon of gas is $8.00 is big city living, or rural, suburbia is dead.
Rogo
Your BS doesn't hold any water because oil inventories have been overflowing last 5 years and still overflowing in oil.
Show me gas stations that are out of gasoline and can't get any.
I thought we were on the verge of rationing gas Dave? which is it? Is there an excess or do I need to fill my gas cans?
Originally posted by: Skoorb
People piss and whine and continue to buy massive vehicles with lots of horsepower (on average, obviously not the OP) that get 15 mpg, I couldn't care less if their kids can't go to college because they have to drive 5000 lbs to work, too bad for them. I hope gas hits $5 just so that they can really bleed!! Yes!!
Originally posted by: Rogodin2
Quick article
Some of the refinery jitters stem from Valero's announcement that it plans to extend the maintenance period at its 210,000 bpd refinery in Texas by another week.
========================================================
The U.S. military knows about peak oil and has released a document about it's plan. I'll post that tommorow.
Virginia gas stations are going dry.
Originally posted by: Rogodin2
Demand is higher than supply, and since the refineries can't output enouth for the deman the supply side doesn't matter. If the pipeline of sweet crude could meet the demand from refinery output then our prices would be level. Peak oil is all about the crude output-not REF OUTPUT. Your head is up your ass dave.
If this was about the US only then we wouldn't have a problem, but world demand for oil (crude) is rising exponentially (china and india primarily).
The fact that you used 'reserves' as an argument shows your ignorance about the matter of oil supply.
Originally posted by: Rogodin2
Demand is higher than supply, and since the refineries can't output enouth for the deman the supply side doesn't matter. If the pipeline of sweet crude could meet the demand from refinery output then our prices would be level. Peak oil is all about the crude output-not REF OUTPUT. Your head is up your ass dave.
If this was about the US only then we wouldn't have a problem, but world demand for oil (crude) is rising exponentially (china and india primarily).
The fact that you used 'reserves' as an argument shows your ignorance about the matter of oil supply.
Rogo
Originally posted by: 0roo0roo
Originally posted by: foghorn67
Originally posted by: patentman
Originally posted by: foghorn674
I feel it too. I drive an hour each way to work. Drive less? I guess in Clocker's distorted view I should quit my job to conserve fuel. :roll:
Thats your problem right there. If you do the math, you could by a more expensive place closer to your job, and not lose money. It never ceases to amaze me that people don;t grasp the economic principals of commuting. If you live more than 12 miles away from your job, it does not make economic sene to commute in, except perhaps by rail. So, if you want the big house in the burbs, quit complaining about how much it costs you to drive to work or get a new job.
I am personally happy that gas prices are what they are. If anything, they drive American corporations and the government to realize that a viable alternative to oil is needed. Moreover, once that alternative is found, we can tell leave all the countries in the middle east to kill themselves.
Would you get your quotes right???? I never said this.
And who the hell is foghorn674?
actually the math works the other way around. people commute because they can buy a nicer bigger house in the suburbs even when the gas/commute costs are taken into account. its a perfectly rational decision, even with 3 dollar gas.
Originally posted by: Fritzo
Originally posted by: Rogodin2
Demand is higher than supply, and since the refineries can't output enouth for the deman the supply side doesn't matter. If the pipeline of sweet crude could meet the demand from refinery output then our prices would be level. Peak oil is all about the crude output-not REF OUTPUT. Your head is up your ass dave.
If this was about the US only then we wouldn't have a problem, but world demand for oil (crude) is rising exponentially (china and india primarily).
The fact that you used 'reserves' as an argument shows your ignorance about the matter of oil supply.
Rogo
WTF happened to the surplus we had from the warm January? If we had a normal January, would they be charging $6/gallon for gas now?
Something's fishy here.
Originally posted by: Sphexi
Up here in Victoria it's up to 1.225 per litre, which is something like $3.80USD per gallon. So keep down the complaining
Originally posted by: MustISO
Originally posted by: Red Dawn
The pisser is that Exxon and the rest will post record profits this quarter:disgust:
I don't know if they were record profits but they have all posted profits so far. Up from last year.
Gas is $3.03 here (or it was last night). I keep reading about inventories being higher than last year but gas is still going up. I guess the Govt. gave up the whole investigation into the price gauging.
I for one am not going out unless I have to. Travel to work and that's it. Maybe once a week to a restaurant. It certainly won't help anything but I'd love to see more people driving less.
P.S.
I hate BS like this:
work closer
live closer
work longer fewer days a week
telecommute
ride a scooter
bike
carpool
Not always an option for people. Some people could do maybe one of those things.
And when people bring up other countries. They pay what they pay, we pay what we pay, our gas has increased in price quite rapidly over a few years. I'm sure those countries would love it if gas prices went up 100% in a few years.