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.
Bollocks.
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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.





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.
Bollocks.![]()



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

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

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


roland wrote:Gasoline: The new big U.S. exportThe 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!


Gasoline: The new big U.S. exportThe United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.



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.

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





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

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

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