gas prices, huge question (was forum=1)Follow

opps thought i was in out of topic forum must have clicked wrong one. please move me when possible

Lemme get this straight. You are complaining your gas costs you $1.05 Canadian while I am paying $2.85 American???

I was in Montreal last week and was amazed gas was as cheap as it was. I figured it had to do with the amount you produce yourselves, coupled with a possible gov't program of some sort. Our gas prices have actually come DOWN in the past few weeks. I think the highest I have paid for gas at any point was about $3.05 a gallon.

Be VERY HAPPY you pay $1.05. As it was said in an earlier post, the U.S. has very little to do with gas pricing. We are one of the largest consumers, but, gas pricing is pretty much handled and dictated by OPEC. I agree it's ******** that when a possible hurricane is gonna hit the gulf that prices go up. Furthermore it disgusts me when Exxon makes a big press announcement about how profitable they were in the past year.

Gas prices really do need to come down... A LOT. The supposed problem is there is not enough refineries to keep up with the demand. I would figure it would stand to reason that if you wanted to make a lot of money you might, oh I dunno, start a business building and running refineries???

Gas down to 2.64/gallon here this morning....funny, that seems incredibly inexpensive.


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thank you tradelf. i was abount to say $1 per liter vs gallon being times 3.8

$2.47 was the lowest price i have seen in the Shenandoah Valley.

Gas crunch? There is plenty of gas.

Your correct - there isn't a gas crunch but there is enough fear and greed to keep the prices elevated.

Also, it take years if not a decade to build a refinery.

Apparently there is more to the price of gasoline than mere shipping costs (duh).

Market factors abound. If I can get $70 a barrel in the US, what makes you think I will sell to you any cheaper next door? You might pay more just because I have to split off a minor amount and make it available to you. Might not be worth my time otherwise.

Also in the US there are seasonal additives which drive up the price of refining. One reason you have noticed a drop in price in the last week. Some of these seasonal additives are only required in Large Metro areas, one reason why prices have dropped lately. Yes you might pay more in Dallas than in Fresno....

Edited, Aug 31st 2006 at 3:24pm EDT by Dothammer

no no no no no... oil prices are fueled by any excuse to cause war, pine over bad weather, or if one barrel falls off the truck. to me it seems there is no continuity between gas prices and any reason ever given for a price hike. so to me, they can justify any reason to raise gas price and it seems that's what really happens.

big oil exec #1
"i just sneezed. raise the price"
big oil exec#2
"BRILLIANT!"

so you want a conclusive answer as to why oil prices raise and lower like the tides? get a dozen experts on the topic in a room together and you'll get a dozen different reasons. but the one that'll always be true... the little guy has almost no power to affect it. so, unless you can convince the rest of the world to ride bicycles or are worth billions, we're screwed.

and that's how it is right now. and feel free to bash americans. we're the ones going to war over oil and it sickens me. we're affraid countries like india and china will take the oil so we use any excuse we can to bring our troops over. when i say troops i mean sons, daughters, uncles, aunts, moms, dads... to gaurd the american interest in all that oil.

the question you should be asking is WHAT HAPPENED TO THE ELECTRIC CAR? you need to think forward cuz that's how you will move, not backwards.

... sorry but the facts dont support your statement. It is just easier to say things like this becaus epeople will believe it instead of educating the people about what really can drive oil company profits.

#1 The US gets very little oil from the middle east. The vast majority of oil imported into the US comes from Canada, Russia and Mexico.

#2 During the run up to the second Iraq war it was the US that demanded that sanctions agains Iraqs' oil stay in place and there oil stay off the market. It was European nations that wanted the oil on the market. Also once the war started we found out that many of the so-called US allied European nations were violating the previos sanctions and buying Iraqs oil in violation of rules they agreed to enforce.

#3 As we saw recently, the US STRONGLY supports israel whenever they are threatened or attacked. This is contrary to the thinking that the US makes its middle east foreign policy decisions based soley on oil. As we have seen other nations around the world including Europeans are willing to put Israel in harms way in an effort to suck up to oil producing nations.

#4 Oil companies make money when they can pretend there are shortages in oil. Keeping iraqs' oil off the market helps them do that.


Something else that bothers me is that everyone keeps bashing oil companies but noone calls out the environmental lobby. Everyone knows that raw crude is in abundant and record supply. The problem is the capacity to refine that oil. Everytime even the though of building new refineries comes up the environmental lobby uses there political muscle to block the construction. Also because high oil prices fit the environmental agenda, they make sure politicians they can influence dont do anything to curb or investigate oil company pricing practices.


Until both sides of the political isle are held accountable we will continue to be at the mercy of the oil commodities market.

... Umm I never said that. I said you cant just say that we sent them over there for the oil. If you disagree please provide evidence. I provided evidence to the contrary.







... again please provide proof or evidence of this. remember the US demanded that Iraqi oil stay OFF the free market. Which is in direct contrast to the fact that we allegedly need this oil.




... again this is clearly not what i said. Do you feel the need to misquote me because you dont have the facts to debate me. I said the US often takes the side of Israel in disputes much to the dismay of oil producing nations. Which flies directly in the face of people saying oil is the main motivation of US policy in the middle east.




... ROFL. you claim the US is using violence to promote their agenda and you abhore that ... umm what is the difference between that and you threatening people who disagree with you?



... again this shows a complete and total ignorance of the facts. THE US GETS VERY LITTLE OIL FROM THE MIDDLE EAST! With Mexico and Russia both ramping up production to record levels there is very litte need for Iraqi oil. PLEASE REMEMBER THERE IS NO OIL SHORTAGE. And if we do get some oil from there the savings would be marginal at best and doesnt make any sence for that being the primary motivation.



Edited, Sep 1st 2006 at 8:05pm EDT by dracoboars

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