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Interesting Gas Price Stats

no doubt that's where we're headed...


perfect example is how in the 60's, 70's, even 80's, inspection was about safety... now it doesn't matter if you have fuggin brake lights.. but god forbid it doesn't pass emmisions...


as a body guy, f*ck the EPA...
 
A few months ago,there was a commercial on TV that was a "quiz",and it asked "Where do you think most of our oil comes from"?..the choices of answers were:
A. Saudi Arabia
B.Mexico
C.Russia
D.Canada
E.United States..

The answer ?..
"United States"...

So--if this is true,then why does OPEC cutting production (or simply threatening to!) drive up oil prices HERE,if we are using mostly our own "home grown" oil?...for that matter,why does how much China or India use matter,if we are supposedly using our OWN oil?...(I digress,the stock market "speculators" are responsible ?)...

I noticed the commercial only ran maybe a month,then vanished...probably because many other americans are wondering the same thing as I am,and asked why?..

I can see us being taxed out of owning a vehicle due to "carbon taxes" and excessively high inspection fees,anal emission tests,and anything else they can think up to get older "muscle cars" and "gas hogs" off the roads..and it probably wont be that far in the future...I say we should all rise up and refuse to "obey" these "laws" ,who are they to say what we can drive,when its supposed to be a free country?.."free" as long as we can afford to pay their ransoms I guess...
 
The key may be in the refining...our refineries can't keep up yet nobody can build one because of the EPA
This articles also says that they are too expensive to build....there is also the thought that they have no incentive to build refineries because more refineries means more supply and lower prices...I dunno...

http://www.factcheck.org/2008/05/us-oil-refining-capability/
 
The crude oil market is traded on a global level, so if oil producing nations have a reduction in oil production then the whole market suffers. The President doesn't have any control on that regardless on what you may think of him. If you were to look back on those numbers and make an attempt to remember what the last President did you would recall Bush hemmoraging oil from our oil reserves to try to put the gas prices at bay. What that did is create a vacuum at the reserve level. Had Bush not used our reserves like a bunch of frat boys on a keg our current President would've had more breathing room to reduce our at pump cost.
 
scooter122983 said:
The crude oil market is traded on a global level, so if oil producing nations have a reduction in oil production then the whole market suffers. .
Click to expand...


this Bob.... OPEC controls the price of oil, whether we use ours, or Tazmania's......
 
Chief Brody said:
in 2008...are you kidding...it hasn't dropped below 2.00 in 9 years....
Click to expand...

Diesel went back down to about $1.85 here in NJ after the '08 election. Gas was about $1.40.

From your source.

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMA_EPM0_PTC_SNJ_DPG&f=M



I also agree w/ Chief. Our biggest problem is the Feds, especially the EPA, having such strict regulations that we haven't built a new refinery in over 30 years. We've lost almost 60% of the refineries that we had in the '70s. As a result, the few remaining are always running at capacity and if there's ever a hiccup it causes a major supply shortage.

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=8_NA_8O0_NUS_C&f=A

Notice our production capacity has remained virtually unchanged over the past 30 years?
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=8_NA_8D0_NUS_4&f=A

Fewer refineries trying to maintain the same output and falling behind increasing demand.
 
diesel4me said:
A few months ago,there was a commercial on TV that was a "quiz",and it asked "Where do you think most of our oil comes from"?..the choices of answers were:
A. Saudi Arabia
B.Mexico
C.Russia
D.Canada
E.United States..

The answer ?..
"United States"...

So--if this is true,then why does OPEC cutting production (or simply threatening to!) drive up oil prices HERE,if we are using mostly our own "home grown" oil?...for that matter,why does how much China or India use matter,if we are supposedly using our OWN oil?...(I digress,the stock market "speculators" are responsible ?)...

I noticed the commercial only ran maybe a month,then vanished...probably because many other americans are wondering the same thing as I am,and asked why?..

I can see us being taxed out of owning a vehicle due to "carbon taxes" and excessively high inspection fees,anal emission tests,and anything else they can think up to get older "muscle cars" and "gas hogs" off the roads..and it probably wont be that far in the future...I say we should all rise up and refuse to "obey" these "laws" ,who are they to say what we can drive,when its supposed to be a free country?.."free" as long as we can afford to pay their ransoms I guess...
Click to expand...


Commercials don't tell the truth for one thing.

If it asked about oil, we import over 70%. If it asked about "energy" then it includes things like coal and NG and the answer would be the US.
 
Maybe we should start a co-op like hippies do, but with a refinery. Get one running, then start more co-ops.

Pipe-dream, I know, but it's still fun to think about.
 
eh, ain't been one built in 30 yr's.. thus the prob... :whistle:


besides, the EPA would come slit your throat in the middle of the night...
 
the website said that Arizona has been trying to build one for 7 years and the EPA won't ok the license
 
a bigger question is how many refineries are there in the world? I bet that the ones that we have are probably 95% of them in the world...I bet we produce most of the gas from crude even for other countries :dunno:
 
Gas prices from around the world: Explain these differences in price if gas is a world commodity and supply and demand drives it....Look at Kuwait...third biggest CONSUMER of gas in the world...little tiny kuwait...and only 80 cents

Norway, $9.97/gallon Norway is the only major oil producer with expensive gas. The Scandinavian country doesn't subsidize fuel at the pump, using its oil profits instead for national services, such as free college education and savings for infrastructure improvements.

Malaysia, $2.31/gallon Malaysia is a significant producer of oil and is well located for trading energy by sea. The country's reserves are third highest in the Asia-Pacific region, after China and India.

Iran, $2.16/gallon Iran is the fourth-biggest oil producer and in 2010 had the highest fossil-fuel subsides in the world. In December 2010, Iran began a five-year program to reduce subsidies and bring gas and electricity prices more in line with the international market. The plan was blamed for nationwide inflation surpassing 30 percent.

United Arab Emirates, $1.77 The U.A.E. is the eighth-biggest oil producer in the world. The country subsidizes about 68 percent of the cost of gasoline, as of 2010. Despite its oil wealth, the U.A.E. has long had to import its gasoline because it lacks refining capacity.

Egypt, $1.03/gallon The administration that came to power in August pledged to overhaul the energy industry and curb fuel subsidies. The country still has the fourth-cheapest gas in the world, and prices declined a further 9.3 percent for the quarter.

Kuwait, 80 cents Petroleum accounts for almost half of Kuwait's gross domestic product and 95 percent of its exports and government income. Gas prices aren't felt much by Kuwaitis, who are the third-biggest consumers of gasoline after the U.S. and Canada.

Saudi Arabia, 45 cents/gallon Saudi Arabia, which holds one-fifth of the world's oil reserves, is pursuing wind, solar and nuclear power to help cut in half the crude and natural gas it burns to generate electricity. The country wants to generate a third of its electricity from alternative energy sources within two decades. Saudi Arabia is OPEC's biggest producer and heavily subsidizes the price of gasoline.

Venezuela, 4 cents Dreaming of cheap gas? Fill up in Venezuela, where gas is practically free. Venezuela is a poor country the burns through gas like a rich one.The cost of filling up the 39-gallon tank of a Chevrolet Suburban in Venezuela is $1.56, compared with $137.28 in the United States.
 
regulations and taxes.....

this is why Europe's gas has been at least double what this country has been ever since I was a little kid...

it's probably why they have good mass transit, they've taxed the he!! out of gas since the 70's to build it...
 
Suddenly I wish I had been born in Venezuela !..:eek1:...4 cents a gallon!..:doah:..maybe I should move...(wonder if diesel is even less?)..

Lowest price I recall seeing gas sell for in MA was 33 cents,back around 1966,I was about 8 then--when I could fill a 5 gallon can for less than two bucks and (barely) lug it 1/4 mile home--with enough change left over for two big candy bars and a coke..
 
I remember a kids father in elementary school probably around 1972 brought his slide show from their New Zealand trip...gas was $5.00 a gallon back then..

I still think gas could and should be around $2 here...
 
diesel4me said:
Suddenly I wish I had been born in Venezuela !..:eek1:...4 cents a gallon!..:doah:..maybe I should move...(wonder if diesel is even less?)..

Lowest price I recall seeing gas sell for in MA was 33 cents,back around 1966,I was about 8 then--when I could fill a 5 gallon can for less than two bucks and (barely) lug it 1/4 mile home--with enough change left over for two big candy bars and a coke..
Click to expand...

I remember .23 cent gasoline and a coke, candy bar and bubblegum for a quarter...but...my family's income was about $120 a week...so some of that is relative....some stuff is cheaper today in the conversion....
$25 bought a lot of groceries...house payments...maybe $150 a month

ground beef less than a dollar a pound....bananas 10 cents a pound...canned beans 8 cents...now they are 10 for $10
 
Yeah,our money isn't worth squat like it used to be,that is a factor in the gas prices too..a dollar buys now what a nickel did in the 60's...I agree though,gas could be 2 bucks a gallon and they could still turn a healthy profit,and we'd be better off as a whole because of it..but they wont let that happen..
 
diesel4me said:
Suddenly I wish I had been born in Venezuela
Click to expand...

only one reason to wish that...

carvalho1.png
 
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