Gas

[RubberFrog]

Re: Gas

Bro Ho,
I saw the title and all I could think was that my gas definately goes off like a rocket!

 

[Bob_VT]

Re: Gas

We need to say that we will drill Anwar & offshore both sides, even if it is a bluff.....
I'd wager OPEC would up production to stymie that & the price would fall.....​

Why bother to bluff? Just do it!

 

[Vlad D Impeller]

Re: Gas

I guess its good for some to know that ethanol production is being subsidised with our tax dollars, so that we can pay more for our meat/poultry and milk whilst getting less miles per gallon.
In the old days this sort of thing was called making sacrifices, lets not forget that the country is still at war and eventually it must be paid for.
I seem to recall a once very popular young President telling us " Ask not what your country can do for you, but what you can do for your country".
It is my belief that we are paying a miniscule price for our endeavors.

 

[jay_merrill]

Re: Gas

My vote is to keep buying middle east oil. At the rate OPEC is going, they are going to cause a world wide recession and the proverbial joke will be on them as oil sales decline. In the mean time, the world is using up their only asset of any consequence. If you look at the economies of most middle eastern countries, they have very little going for them other than oil & gas production.

That said, let's use up their reserves first and save ours for later. By that time, we will have finally become serious about alternative energy sources and we can fill in the gaps with domestic and non-middle east production. We will also resolve much of the terrorism problem by doing this because there will be no islamic petro dollars to fund Osama Bin Hidin and the boys.

 

[ocb_dave_ocb]

Re: Gas

Gas was $2.89 approx. 1 week ago here in Caryville, This week it was up to $3.14 that is for the cheap stuff, my gas is costing me $3.38 a gallon, at 22 gallons a week.. Im gonna have to start driving the wifes car.

 

[SgtMaj]

Re: Gas

Another can of worms here..........

The farmer will only get about 30 cents from that 6 dollar loaf of bread.

Right, and then the American bakery get's about $2, the American trucking company that brought the flour to the American bakery got another $1.50, the American mill got $1, and the American trucking company that took it from the American farmer to the American mill got another $1.20... I'm fine with that.

SgtMaj

 

[SgtMaj]

Re: Gas

That sound's great until we start adding in $3/doz eggs, $4lb hamburger, $5gal milk and virtually everything else in the grocery store or resturant.

Why do our farmers deserve acess profits from the ethanol scam? Sure they work very hard an take large financial risks, but so do a lot of other businesses, that don't get the government subsidies, that farming and ethanol concerns get.

Most farmers have enjoyed good harvests and good prices for several years now, so it's not like we need another "Farm Aid" concert to help them get by.

Doubt eggs will get that high, hamburger and milk, maybe... but again, that's FINE with me. I'll tell you what the farmers haven't done... they have blown up anything other than the odd stump. You don't see too many farmers trying to hurt america and americans in any way, shape, or form that they can.

By the way, farmers haven't enjoyed good prices... if you elimate the farm subsidies, you'd be paying twice what you're complaining about right now. Not that I'm saying the subsidies are good, they aren't. They are a form of socialism and every time they increase, we get that much closer to a communist government. But that would be politics, and we're not here to discuss politics. But I would like for you to explain why you think exxon and shell and BP and other big oil exectuives deserve excess profits from the gas scam.

By the way, ethanol is cheaper than gas... anyone who doesn't think so, needs to take a trip to Brazil. Sure, they do have the luxury of growing high-yield sugar cane, but we can grow plenty of sugar beets.

 

[Haut Medoc]

Re: Gas

Funny you should mention Exxon......
The punitive damage award appeal has finally made it to the Supreme Court, & will be heard this or next month......
Justice Alito owns Exxon stock & has recused himself from the case.....
A split court would in effect uphold the judgement.....
I fro one, would like to see some closure here.....​

 

[beezee28]

Re: Gas

I think in the future the price will go up, at the present the price of eggs /doz is now just below $2.00 and milk is under $4.00. I went food shoppiong in wally world the other day and the price of apple juice (the value brand) has gone up from $1.89 to $2.50. All this is because of transportation cost and related directly to the cost of gasoline or diesel in this case.

 

[Caveman Charlie]

Re: Gas

I think in the future the price will go up, at the present the price of eggs /doz is now just below $2.00 and milk is under $4.00. I went food shoppiong in wally world the other day and the price of apple juice (the value brand) has gone up from $1.89 to $2.50. All this is because of transportation cost and related directly to the cost of gasoline or diesel in this case.

Right, so the thing is the price of food going up is not entirely to blame on ethanol. A lot of the blame has to go to the high price of gasoline. Even if there was no ethanol the price of food would still be increasing because of the price of gas.

 

[JB]

Re: Gas

As hard as it may be I have to smile a bit at this thread.

Back about 1974 or so I was, among other things, editor of my company's Field Engineering Newsletter. I remember a FE writing to me complaining that his mileage allowance ($.11/mi) wasn't enough to cover the cost of operating his personal vehicle. He stated that he had deliberately bought an economy vehicle.. .get this. . .a Chebby wagon that got 11mpg, and that he was having to pay over $.40/gal for his gas. What would he do if gas went to (gasp) $50/gal???? At that time, I think, crude was about $12./bbl.

Today crude is just under $100/bbl, up 833% and gas is about $3.10/gal, up 775%.

Today Chebbys deliver more like 23mpg, up 209%.

The net is, in inflation adjusted dollars, the new car costs LESS to operate on $3.1 gas than the '74 did on $.40 gas.

When oil prices spiked in the early '70s we went into an economic tailspin, not really because of the cost of energy but because of the hysterical reaction to it. Interest rates shot up, unemployment went up, inflation was in double digits annually. I had to pay thirteen percent on a home mortgage!! It took 7-8 years for us to get our feet back on the ground

The more things change, the more they stay the same.

 

[Kenneth Brown]

Re: Gas

Right, and then the American bakery get's about $2, the American trucking company that brought the flour to the American bakery got another $1.50, the American mill got $1, and the American trucking company that took it from the American farmer to the American mill got another $1.20... I'm fine with that.

SgtMaj

Me too. The problem that I have (and its personal to me as I buy feed to raise livestock that are sold for slaughter) is people gotta quit blaming the dang farmer for everything. If its such a high paying job why aren't there more of them? Sure they get to have lots of big toys. Yes they (kinda) get to set there own scedule. Uh huh, they got plenty of land to hunt and fish on. The also earn their living by the sweat of their brow. In the fall when the harvest comes in its common for them to work 20 hour days for weeks on end. When we cut hay it may be 105 degrees but it ain't gonna load itself. If its 3 am and that momma has a stuck kid who do you think gets to go pull it, hoping both survive but sometimes killing not only the kid/colt but momma too? Thats a years worth of feed gone. That hurts. The people that farm/ranch do it because they love the land. Find somebody else to pick on.

 

[Kenneth Brown]

Re: Gas

Right, and then the American bakery get's about $2, the American trucking company that brought the flour to the American bakery got another $1.50, the American mill got $1, and the American trucking company that took it from the American farmer to the American mill got another $1.20... I'm fine with that.

SgtMaj

By the way- Your maths all wrong. Take $1 from each of those sources above and it'll be about right. That $4 belongs to WalMart.

 

[Scaaty]

Re: Gas

Pretty simple, like everything else. "What do you have left?"
Send us a check fer it...we are broke..but get paid well to tell ya that..

 

[kmk_7110]

Re: Gas

Speaking of gas I got pretty mad yesterday.....

I stopped at the local Stewarts shop to get some gas for my plow truck. The price was $3.18/gallon and yes I kow it has gone up all over town but the extra nickle or so really does not kill me. I just go to this station because it was the closest to home.

I pumped in just $20 until I saw a new sticker on the pump (about 2" x 3" and not anyplace important)..... THIS FUEL CONTAINS 10% ETHANOL What the heck is going on??? I was under the impression (obvious false) that ethanol would reduce the gas price and I am aware it reduces efficiency.

Essentially I bought $18 of gas and $2 of ethanol.

Ethanol does reduce gas prices, its just that they don't put enough into the mix to do a big part. The past week I was in appleton and had to fuel up. 4 gas stations on the same intersection, one was 3.04 for the regular 2.99 for the one step up and 3.18 for the premium, the rest were the other way around and i decided to stop at the one mentioned above. The reason was because the gas that is 3.04 was pure gas with no ethanol the 2.99 had 10% ethanol in it. Needless to say i've been runnin the 10% ethanol for a while cause we can't really find anyplace without it, not that i really look for pure gas because i'll wind up driving father and spending more to find it. My car runs the same either way.

 

[kmk_7110]

Re: Gas

By the way- Your maths all wrong. Take $1 from each of those sources above and it'll be about right. That $4 belongs to WalMart.

I must agree, i work at walmart, and we have nightly meetings when they tell how the store did compared to 1 year ago. Very seldom do they tell us a drop. I remember one certain time the managers said that we were doin pretty good for the week and if we make only 100k tomorrow then we the rest of the week is gravy compared to last year. I was shocked and that was on a Tuesday.

 

[SgtMaj]

Re: Gas

I must agree, i work at walmart, and we have nightly meetings when they tell how the store did compared to 1 year ago. Very seldom do they tell us a drop. I remember one certain time the managers said that we were doin pretty good for the week and if we make only 100k tomorrow then we the rest of the week is gravy compared to last year. I was shocked and that was on a Tuesday.

That's actually not hard to do that kind of volume. Most grocery stores do about 100K a day in sales. While 50% of that typically is markup, their actual profit is about 1%. Still not bad, making $1000/day profit after all the bills are paid.

So Yeah Kenneth's right. Walmart takes the lion's share... but just be glad it's all still staying in the american economy. In my opinion that's one of the problems of our gas prices. If more people consciously made a decision to purchase american products even if they cost more, China wouldn't be economically stable and therefore wouldn't have such high oil demand. It's our money going to China that buys their oil. And it's not just China (though they are one of the larger contributing factors), it's most other countries.

So I guess the bottom line is, if you buy products produced in NAFTA countries, they'll all benefit (reason I say NAFTA countries is because the better the mexican economy, the less immigration problems we have, and the better Canada's economy, the more we export to them, the better for us).

As far as farmers getting blamed for stuff, it might be because I live in flyover country, but apart from the earlier comment, I don't hear much blaming of farmers around here. Mostly just praise.