Gas prices.

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Re: Gas prices.

Postby columbia on Fri Feb 17, 2012 3:25 pm

Rob UK Pen wrote:You think you've got something to complain about.

Average price here in England per gallon is circa £6.50 or $10.29.

:scared:


Bollocks. :pop: :P
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Re: Gas prices.

Postby shafnutz05 on Fri Feb 17, 2012 3:30 pm

$5 by the 4th of July.
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Re: Gas prices.

Postby Malkamaniac on Fri Feb 17, 2012 3:32 pm

This is serious thread necro. I was thrown off hardcore by seeing a kicksave post.
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Re: Gas prices.

Postby newarenanow on Fri Feb 17, 2012 3:34 pm

We need to bomb Iran and take over.
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Re: Gas prices.

Postby viva la ben on Fri Feb 17, 2012 4:15 pm

The price of gas is too damn high!
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Re: Gas prices.

Postby Rob UK Pen on Fri Feb 17, 2012 4:22 pm

columbia wrote:
Rob UK Pen wrote:You think you've got something to complain about.

Average price here in England per gallon is circa £6.50 or $10.29.

:scared:


Bollocks. :pop: :P

:D

Like I said, you think you've got something to complain about.

1 UK gallon = 1.2 US gallons
1 UK gallon = 4.54 litres

Average price per litre is currently £1.43 or $2.26

4.54 x £1.43 = £6.49 or $10.27

http://uk.autoblog.com/2012/02/17/avera ... cord-high/
Last edited by Rob UK Pen on Fri Feb 17, 2012 4:29 pm, edited 1 time in total.
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Re: Gas prices.

Postby columbia on Fri Feb 17, 2012 4:25 pm

I guess the good part is that you don't have much real estate to drive around on. = Shorter road trips.
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Re: Gas prices.

Postby guiner on Fri Feb 17, 2012 4:31 pm

jumped up here in cali too
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Re: Gas prices.

Postby roland on Fri Feb 17, 2012 4:37 pm

viva la ben wrote:The price of gas is too damn high!


new political party?

is it time for me go to change my affiliation from T.R.I.T.D.H Party?
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Re: Gas prices.

Postby Rob UK Pen on Fri Feb 17, 2012 4:51 pm

columbia wrote:I guess the good part is that you don't have much real estate to drive around on. = Shorter road trips.

I wouldn't use the word 'good' as such.

I drive on average 25,000 miles a year - the vast majority for work, which my company pays for, but I'm taxed for the privilege of that.

It costs approx £90 to fill my car up and, at an average of 600 miles per tank, it costs on average £3750 (or $5925) a year in fuel to run my car!

If they didn't pay for my fuel I couldn't / wouldn't do the job I do.

Public transport over here is poor and incredibly expensive - so that's a not an option.

Roads in our towns and cities get terribly congested during rush hours, as do the motorways (interstate / freeway), so plenty of fuel gets 'wasted' stuck in traffic.

The cost of fuel has always been an issue over here, never more so than now. But despite the rising costs people still, generally, put more significance / priority in driving a car over many other things. Hence the petrol companies can still charge what they do / government can still levy extortionate fuel taxes on top of this.
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Re: Gas prices.

Postby roland on Thu Feb 23, 2012 2:21 pm

Gasoline: The new big U.S. export

The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.

The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

http://money.cnn.com/2011/12/05/news/ec ... /index.htm


So supply exceeds demand yet prices are at record highs? Outstanding!
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Re: Gas prices.

Postby Pavel Bure on Thu Feb 23, 2012 2:27 pm

I was looking at one of those "This amount of the price of gas is from tax" stickers yesterday. I remember when the 40+ cents was considered a huge problem and why gas was expensive. I guess the real reason is greed along with the law of supply and demand.
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Re: Gas prices.

Postby Pavel Bure on Thu Feb 23, 2012 2:32 pm

roland wrote:Gasoline: The new big U.S. export

The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.

The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

http://money.cnn.com/2011/12/05/news/ec ... /index.htm


So supply exceeds demand yet prices are at record highs? Outstanding!

There aren't enough refineries to get the gas to the public and they won't build more. Current refineries are operating at something like 110% of capacity.
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Re: Gas prices.

Postby KennyTheKangaroo on Thu Feb 23, 2012 2:45 pm

sunoco just closed a refinery or part of a refinery or something like that in philly. kenny the kangaroo could be mistaken on the details, but refining gas isnt very profitable.
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Re: Gas prices.

Postby Hockeynut! on Thu Feb 23, 2012 4:29 pm

Gasoline: The new big U.S. export

The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.



But, but, but, if the dirty libs would just allow drilling in Alaska we'll be able to buy gas for a nickel a gallon!
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Re: Gas prices.

Postby Froggy on Thu Feb 23, 2012 4:37 pm

The fact that we have this enormous surplus of gas infuriates me because it means we should be:

A)stopping importing of gas from other countries

B)lowering the prices

Not gonna happen as I understand the issues are way more complicated than that.
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Re: Gas prices.

Postby Digitalgypsy66 on Fri Feb 24, 2012 12:08 am

Also, they need to switch the "winter" blend gas which contains butane, to "spring/summer" blend gas that contains a chemical that won't evaporate in the heat.

Hence the price of gas rises.
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Re: Gas prices.

Postby Jopaz on Fri Feb 24, 2012 9:59 am

Digitalgypsy66 wrote:Also, they need to switch the "winter" blend gas which contains butane, to "spring/summer" blend gas that contains a chemical that won't evaporate in the heat.

Hence the price of gas rises.



And this is an environmental policy requirement that could be changed, at least temporarily, to provide price relief this summer. Probably won't happen though, because the environmentalists will be :scared:

There are some refineries near Philly that are closing soon, and it is hard to get permits to build new ones. This also creates a gas supply shortage. We could have a situation eventually where there is plenty of oil but not enough refinery capacity.
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Re: Gas prices.

Postby Guinness on Fri Feb 24, 2012 10:14 am

shafnutz05 wrote:$5 by the 4th of July.


Five.

Five Dollar.

Five Dollar Gas'line.
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Re: Gas prices.

Postby JS© on Fri Feb 24, 2012 11:16 am

I see the majority of the places are now between 3.69 and 3.75. There's a BP in Green Tree that is 3.61.
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Re: Gas prices.

Postby mac5155 on Fri Feb 24, 2012 11:31 am

I filled up @ $3.65 in Bentleyville. just keeps creeping upwards.
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Re: Gas prices.

Postby cheesesteakwithegg on Fri Feb 24, 2012 11:33 am

Sunoco at the top of the Homestead Grays Bridge is at 3.57. It was at 3.49 until the end of the day yesterday.
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Re: Gas prices.

Postby blackjack68 on Fri Feb 24, 2012 11:57 am

$3.43 in South Jersey and someone pumps it for you.
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Re: Gas prices.

Postby Digitalgypsy66 on Fri Feb 24, 2012 12:12 pm

blackjack68 wrote:$3.43 in South Jersey and someone pumps it for you.

Same here, except you pump it yourself, usually next to someone who is smoking or using a cell phone or both. :lol:
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Re: Gas prices.

Postby slappybrown on Fri Feb 24, 2012 12:19 pm

Pavel Bure wrote:
roland wrote:Gasoline: The new big U.S. export

The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.

The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.

http://money.cnn.com/2011/12/05/news/ec ... /index.htm


So supply exceeds demand yet prices are at record highs? Outstanding!

There aren't enough refineries to get the gas to the public and they won't build more. Current refineries are operating at something like 110% of capacity.

Le wat?

But now the country's massive refining infrastructure is producing more gasoline, diesel and jet fuel than the United States needs, freeing it up to be exported to places like Brazil, Mexico and Chile where demand is still strong.

The Wall Street Journal, which reported on the export trend last week, said the United States is on track this year to be a net exporter of refined products for the first time in 62 years.

"We've got plenty of excess refining capacity," said Jonathan Cogan, a spokesman for EIA. "It's a reminder that this is a global oil market, and it's reflected by the movements of products to where they will get the highest prices."


From the article in the very posts you're quoting.
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