Gas Prices Again?

  • Mike W
    MN/Anoka/Ham lake
    Posts: 13292
    #1273587

    So whats going on with gas prices again? Up 20 cents over night. Thought last I heard they where supposed to be going down.

    Thought I even heard one politician say she was even going to get them back under $2.

    Ralph Wiggum
    Maple Grove, MN
    Posts: 11764
    #991046

    What, you don’t like having to swipe your card twice to get a full tank?

    Brian Klawitter
    Keymaster
    Minnesota/Wisconsin Mississippi River
    Posts: 59992
    #991049

    I started turning into the station this morning an saw the $3.85 and turned back out. Got to work 10 minutes early.

    The low fuel light isn’t on so I’m waiting.

    Brian Klawitter
    Keymaster
    Minnesota/Wisconsin Mississippi River
    Posts: 59992
    #991051

    Quote:


    Thought I even heard one politician say she was even going to get them back under $2


    IF I could actually make that happen, I think I could get elected (or anyone else.) What people won’t say to get elected.
    With out a plan made public, this totally discredits the person making these claims.

    herb
    6ft under
    Posts: 3242
    #991053

    The hurricane is expected to shut down a refinery or three.

    big_g
    Isle, MN
    Posts: 22386
    #991054

    Quote:


    The hurricane is expected to shut down a refinery or three.


    so if it doesn’t, will it get really cheap as they give us our inflated price back ??? I always thought it took weeks for price increases because of natural disasters ?? not true I guess..??? now the weatherman is affecting the price at the pump overnight

    broncosguy
    Blaine, MN
    Posts: 2106
    #991058

    Quote:


    Quote:


    The hurricane is expected to shut down a refinery or three.


    now the weatherman is affecting the price at the pump overnight


    Great the weather man is wrong 50% of the time also.

    sgt._rock
    Rochester, MN
    Posts: 2517
    #991059

    Labor Day is coming. Last big travel day for them to stick it to us. I’m staying home so my truck can stay on empty.

    Brian Klawitter
    Keymaster
    Minnesota/Wisconsin Mississippi River
    Posts: 59992
    #991065

    The FW had a little gas last night. If the weatherman can drive prices up, she should be able to bring them down again.

    arklite881south
    Posts: 5660
    #991069

    Must be from our booming economy. If you recall correctly that was the common Oil executives pressured answer they gave America a few years back when $4.00 gas broke the back of families budgets. Discretionary income was depleted enough in a credit driven system to cause defaults within the housing market both on the personal and business front. Though the banking industry lined their pockets in the previous cycle a new age allowed them to quickly forget of past years record setting profits then demanding the same taxpaying citizens that funded their robust bonus checks to then bail them out when times aren’t so easy. Government threw money to banks without stipulating the need to actualy lend this money to everyday America which would continue to sustain a credit driven economy. Instead the banking industry sat on the money advertising low rates that the vast population will rarely benefit from. Funny how nobody is held accountable anymore and our glaring lack of leadership doesn’t scare many. America was said to be in the midst of a economic fury while it continued to exceed the supply and demand curve for oil driving up prices to back breaking levels. Poor Oil execs. fight to stay profitable while serving bologne sandies to their children who didn’t have shoes for school. Funny how our politicians answer to fixing a broken economic cycle when pressed rarely includes the obvious flat tax of pumped gas, my 15 year old daughter can cleary understand. Possibly if Economics 101 is explained in high school and also to world leaders we could clear the fog that has overcomes government offices. Now were led to applaud a budget that regardless of it’s overall effective nature, is simply completed on time. Gas remains without a question the flat tax that continues to deplete average American household checkbooks for which there is no answer. Change is always hard, but rarely comes from the status qou man. We’re in desperate need of a man that is willing to color outside the lines and bring America back for all to be proud of.

    Some question the lack of interest America seems to have come election time over the years. Is it any wonder that quite possibly reasonably intelligent citizens can see through the smoke screen of a broken system. I’ll support and vote for any politician that stands up against big oil, win or lose instead of lines his familes pockets and campaign trail. It is my prediction there will be very few people left in the arena I’d really feel confident to place my families future well being on. Sad….True.

    With this being said America must overcome the inept nature of our leaders to remain prosperous into the future.

    Here is a fishing guides equation for present broken economic cycle. Inflated Oil= Inflated pumped Gas= Inflated retail prices= Deflated Checkbooks=Defaulted Loans=Big Bank hardship=Government Bail without stipulaton=Americas lack of credit=sluggish economic recovery=Long term deficit issue=inevitable Tax hike. Starts with OIL. Stop barking about Baby Boomers SS or Healthcare costs and fix the economic fire to fund it.

    wade_kuehl
    Northwest Iowa
    Posts: 6167
    #991071

    FYI guys, someone hit the notify moderator button for this thread. I don’t see any political attacks or anything out of line myself. Seems to be more of an economic discussion.

    Have a great weekend, everyone.

    Mike W
    MN/Anoka/Ham lake
    Posts: 13292
    #991074

    Quote:


    The FW had a little gas last night. If the weatherman can drive prices up, she should be able to bring them down again.


    That was Brian’s wife that hit the button Wade. He should have some explaining to do when he gets home tonight.

    sandmannd
    Posts: 928
    #991077

    They look for any excuse they can to gouge us. They dropped it a little but then as soon as they heard about a hurricane they up it again. Do they not store any for such events? It’s not like they don’t happen every year. Someone needs to get in office and restrict them from doing this to people.

    Jesse Krook
    Y.M.H.
    Posts: 6403
    #991079

    Quote:


    FYI guys, someone hit the notify moderator button for this thread. I don’t see any political attacks or anything out of line myself. Seems to be more of an economic discussion.

    Have a great weekend, everyone.


    Musta been BK’s FW seeing as he was talking about her natural disaster gas

    sgt._rock
    Rochester, MN
    Posts: 2517
    #991080

    There is a notify moderator button??

    jon_jordan
    St. Paul, Mn
    Posts: 10908
    #991082

    Blaming oil companies for making money in a free economy is not the answer.

    One factor not mentioned is terrorism and war. As long as we are under the economic pressure and uncertainty these factors bring, we will be in the pickle where we are at.

    -J.

    t-ellis
    Colorado Springs, CO
    Posts: 1316
    #991084

    Quote:


    Must be from our booming economy. If you recall correctly that was the common Oil executives pressured answer they gave America a few years back when $4.00 gas broke the back of families budgets. Discretionary income was depleted enough in a credit driven system to cause defaults within the housing market both on the personal and business front. Though the banking industry lined their pockets in the previous cycle a new age allowed them to quickly forget of past years record setting profits then demanding the same taxpaying citizens that funded their robust bonus checks to then bail them out when times aren’t so easy. Government threw money to banks without stipulating the need to actualy lend this money to everyday America which would continue to sustain a credit driven economy. Instead the banking industry sat on the money advertising low rates that the vast population will rarely benefit from. Funny how nobody is held accountable anymore and our glaring lack of leadership doesn’t scare many. America was said to be in the midst of a economic fury while it continued to exceed the supply and demand curve for oil driving up prices to back breaking levels. Poor Oil execs. fight to stay profitable while serving bologne sandies to their children who didn’t have shoes for school. Funny how our politicians answer to fixing a broken economic cycle when pressed rarely includes the obvious flat tax of pumped gas, my 15 year old daughter can cleary understand. Possibly if Economics 101 is explained in high school and also to world leaders we could clear the fog that has overcomes government offices. Now were led to applaud a budget that regardless of it’s overall effective nature, is simply completed on time. Gas remains without a question the flat tax that continues to deplete average American household checkbooks for which there is no answer. Change is always hard, but rarely comes from the status qou man. We’re in desperate need of a man that is willing to color outside the lines and bring America back for all to be proud of.

    Some question the lack of interest America seems to have come election time over the years. Is it any wonder that quite possibly reasonably intelligent citizens can see through the smoke screen of a broken system. I’ll support and vote for any politician that stands up against big oil, win or lose instead of lines his familes pockets and campaign trail. It is my prediction there will be very few people left in the arena I’d really feel confident to place my families future well being on. Sad….True.

    With this being said America must overcome the inept nature of our leaders to remain prosperous into the future.

    Here is a fishing guides equation for present broken economic cycle. Inflated Oil= Inflated pumped Gas= Inflated retail prices= Deflated Checkbooks=Defaulted Loans=Big Bank hardship=Government Bail without stipulaton=Americas lack of credit=sluggish economic recovery=Long term deficit issue=inevitable Tax hike. Starts with OIL. Stop barking about Baby Boomers SS or Healthcare costs and fix the economic fire to fund it.


    I believe our problem stems more from being a credit driven society and credit being given to those unable to repay the debt than it is from high oil/gas prices. If someone’s “Discretionary income was depleted enough in a credit driven system to cause defaults within the housing market both on the personal and business front” they should not have been given the credit in the first place since default is likely. Just my thoughts.

    joe-winter
    St. Peter, MN
    Posts: 1281
    #991085

    uncertainty in Libya with rebels in control now. this might be “their” excuse for the rise??

    Mike W
    MN/Anoka/Ham lake
    Posts: 13292
    #991086

    Quote:


    Blaming oil companies for making money in a free economy is not the answer.

    One factor not mentioned is terrorism and war. As long as we are under the economic pressure and uncertainty these factors bring, we will be in the pickle where we are at.

    -J.


    Thought witht he way things are going in Libia that prices where supposed to be going down again with access to that oil. Granted it might take a while before this starts to happen. Plenty of time for something else to off set that.

    Mike Stephens
    WI.
    Posts: 1722
    #991087

    It’s just the Labor day thing again.

    mikee
    Aitkin, MN
    Posts: 55
    #991098

    Quote:


    Quote:


    Thought I even heard one politician say she was even going to get them back under $2


    IF I could actually make that happen, I think I could get elected (or anyone else.) What people won’t say to get elected.
    With out a plan made public, this totally discredits the person making these claims.


    That was Michelle Bachman.

    arklite881south
    Posts: 5660
    #991099

    Anyone care to calculate what $4.00 gas adds to monthly expenditures for middle class america versus $2.00 gas. Put a pen to it and tell me a $4.00 spike didn’t or wouldn’t break any economic cycle. Retail goods, Food, Travel…..Heck my daughters bus to go to out of town sporting events have increased far faster than income levels. Rural america is further beatdown. Gas in Ifalls has been at $4.00 all year and Prem is $4.20 presently. One…..ONE simple fill up of my truck cost $50.00 more than it did a short few years ago. Now since we have a two family income my wife…….ALSO drives though I’ve tried to convince her to ride her new horse. As a simple ONE MAN show fishing guide service in Interanational Falls $4.00 gas versus $2.00 gas can and does have a major economic impact on a monthly basis that regardless of your successful nature takes money out of the vast nature of our economy and earmarks that directly toward one or two oil companies. Extend the simple formula to corporate America and I welcome a reviewal of the model that show gas expenditures not taking the front line in overall negative effects in each and every business venture.

    YES…….. agreed “free enterprise” allows big oil’s modern day monopoly or oligopoly dictate a fixed price based soley on their business profit levels with little regard to a nation’s well being. One man may very well applaude the nature in which they burn down a economic system while lining their own pockets. Others may queston whether a 200% increase that effect everyone in only a short span of time might need immediate attention. I’ll line up on side of fixing the flat tax at the gas pump that many believe devoured America’s discretionary incomes and continues to severely hinder any sort of economic recovery.

    BTW this has nothing to do with Dem vs. Rep. This is not any political or religous stance. This is failed economics on a broad playing field.

    As for war? I hope HOPE War isn’t the ultimate cause of a failing economic cycle. It is highly doubtful we will ever NOT be at war again. Too many vested interests in foreign land that needs protecting.

    Anyway……I’m guessing we won’t solve this through In Depth Outdoors. Still if we have no fire for success as Americans I believe the spark that once fueled our economy will be further extinguished.

    big_g
    Isle, MN
    Posts: 22386
    #991105

    Totally agree Chris To me, gas is like water… I always like to say, we as a society/world “can’t live without it” and then I am quickly corrected, that I can walk to work… ride a bike…plant my own food by hand… by some, who really must not have a firm grip on reality. EVERYTHING we consume, consumes fuel.(period) Look at it as a couple people controlling all the drinkable/cookable water coming into this country… that is what it is equivalent to, to me anyways. Cripple an economy that is trying to recover & literally overnight…? Absolutely.

    jon_jordan
    St. Paul, Mn
    Posts: 10908
    #991108

    Seems most try to blame gas prices as the reason for a weak economy. I would argue that the weak economy is the cause for high gas prices. Meaning shore up the value of the dollar and gas prices will go down.

    -J.

    a-and-t
    By Rochester,MN
    Posts: 708
    #991123

    Number 1 reason why I am taking a a couple weeks off from fishing? High gas prices. For us instead of the fishing one day and the next day spend money on weekly upkeep of house , cars etc. on the weekend is now an either or option. Gas is higher than 4 bucks a gallon when one considers what the U.S. is spending in The middle east trying to keep oil rich countries in line. An alternative is definitely in our interest. Thats my 2 cents that is worth a little less than it was in the 90’s

    big_g
    Isle, MN
    Posts: 22386
    #991132

    Quote:


    Seems most try to blame gas prices as the reason for a weak economy. I would argue that the weak economy is the cause for high gas prices. Meaning shore up the value of the dollar and gas prices will go down.

    -J.


    There are plenty of reasons for a weak economy. Do you honestly think inflated gas prices will help a weak economy or hurt it ??? Honestly ??? I don’t see any blaming it “for” the economy, just that it hinders any kind of recovery. Maybe some don’t want an economic improvement…at least until Nov 2012….

    drewsdad
    Crosby, MN
    Posts: 3138
    #991137

    The thing that still stews my tomatoes is people screaming about the banks. I don’t like banks; however CONGRESS told the banks loan money to the bad credit risks so they can get a home loan they have no possible chance of repaying. CONGRESS (Barney Frank and Chris Dodd in particular) told the banks to not worry Fannie May and Freddie Mac will back you up. And CONGRESS also told the banks make those risky loans or we will not be happy.

    And Bachman does have a plan. She is going to open drilling up where it is currently closed down. Good luck with that Michelle.

    dd

    jon_jordan
    St. Paul, Mn
    Posts: 10908
    #991138

    Quote:


    And Bachman does have a plan. She is going to open drilling up where it is currently closed down. Good luck with that Michelle.


    Bachman has not released any of her plans for $2 gas.

    As for opening up new oil drilling areas, Obama is planning to do just that.

    http://www.nytimes.com/2010/03/31/science/earth/31energy.html

    Funny, if Bush had proposed this plan, he would have been….

    -J.

    gary_wellman
    South Metro
    Posts: 6057
    #991141

    Gas prices are high because of high regulation of “clean” fuel in Chicago. That is the only reason.
    Ever wonder why fuel is higher in California? That is because of government regulation of “clean” fuel.
    How many oil refineries are in Iowa to supply fuel to Chicago????? Anyone want to guess?

    Our one and only soul problem to gas prices is refining. Our refineries are capped to capacity. Government will not allow new refineries.
    A new refinery takes 12-20 years for turn-key operation.

    We have plenty of oil. Just not the ability to refine it to fuel.

    Want lower gas prices, then we need government to allow more refineries to be built.

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