THE PRICE OF GAS !!!

Hi there,, I found this on another site and thought you Guys would get a kick out of it,,,enjoy..

……that’s about right!

It seems like yesterday that the gallons clicked faster than the dollars

you aren’t kidding, with the gulf coast going to get pounded by the hurricane its going to jump even more, the news just said maybe 25 cents a gallon to (reem) prices, this is rediculous.

lol

I just got home from my monthly fishing trip. I used to get to go every weekend, but with high prices of gas, I only get to go once a month now. I wish there was a lake closer than an hour and a half.

That is hands down the best sign I have seen
I almost spit pizza all over the screen with that one

Here is what I have left after filling my truck and boat.

At 100.00 a crack to fill up both van and boat it sure makes fishing close to home seem more reasonable. AND using the kicker motor as much as possible if not the electric trolling motor. No wonder Nate is fishing bass tournaments-use the electric much more than the gass motor.
Thanks, Bill

Bill,
Consider youself lucky at 100.00 for both I have the pleasure of paying 100.00 each . Tha sad thing about the gas prices is we just keep paying it. Acording to the papers and the news I have seen the studys show people havnt slowed down on the driving. Im sure the gas co. will raise it until people slow down and then back it off a little. Them sob’s .

Hurrican Katrina will be just another excuse for the oil companies to keeping gouging. They’re saying this morning the barrel price has hit $70.
These prices just urine me off so bad I can’t stand it.

I agree totally on the gouging. Was able to fish with my brother-in-law over the weekend, wound up within a few feet of where I had been a few weeks ago with my son, the differnce was he had me drive about 70 extra miles to launch a mile or so from where we fished. Earlier, I had traved about 7 miles by boat to get there, cheaper by boat than by car.

dave

Well it has impacted some of us. I haven’t taken a trip all summer mostly because of our new arrivals but I still will not drive to fish until this war profiteering is over and done.

I for one am not looking forward to heating my house this winter.

I just heard on the a la Crosse station that prices are excepted to go up another $1/GALLON tomorrow. So if you are on E I would fill up tonight instead of tomorrow?

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I for one am not looking forward to heating my house this winter.

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I hear you Blue! I had like $300/ month bills last year. If I have to pay $600 I might be moving the fish house down and living in that . Electric Heat may be the way to go this Winter

The local Coop was going to do summer fills for people with fuel oil barrels. They were hoping to do them when the price got back down to $1.85 per gallon. At the time it was $2.14 per. I’m afraid to call and ask what the prices are now. I never got my summer tank fill and I am not looking forward to having the tank topped off.

Thankfully I have a wood burner in the house. I’ll use it if I have to…

That why I went out and got a small 14 ft boat and a little 5.5HP so I could fish the Rum river near my home (its a 2 minute drive). Unfortantly its the section between Princeton and Cambridge and I have not had alot of luck. We went out Saturday and did not get a thing:(

The simplistic response is to place sole blame the Oil Refiners. The primary problem is one of basic supply and demand. With developing countries like India and China bidding up the price of oil while competing for their share with a gas guzzling USA, the oil producing countries strategically control the supply. The US oil companies are passing on the cost to the consumer, which is what might be expected in a capitalistic nation, for they are responsible to their shareholders as well as their work force. Although the noise level of the complaining his risen, driving habits have not appreciably changed yet!

oil company profits are up 40 percent this year over last year. High prices are not so bad for some.

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oil company profits are up 40 percent this year over last year. High prices are not so bad for some.

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Well said. That some can afford the 3.00 a gal.

Both supply and demand of the product and supply/demand of the stocks. It is concieveable to have a situation where the supply of crude is unlimited and the pump price continues to go up.

I read an article a couple months ago when oil was just hitting $50 a barrel. (Can’t remember exactly where… I think it was the wall street journal?) Anyway, the premise of the article was this. The US has a lot of untapped oil reserves. Mainly in Texas and the Gulf region. (Not taking into account Alaska) Even at $50 a barrel it was cheaper to drill it in Saudi Arabia and ship it across the ocean than it was to drill and pump it from our own back year. ( Mainly due to labor and environmental costs.) The article went on to say that oil would need to hit and stabilize at $70 a barrel for it to become profitable to tap this oil supply. Well, it sucks that oil is hitting the $70 mark, but it’s good that good old US oil will start flowing again….

-J.

well said Jon!

The pricing of gas has to do with enviromental laws which demand a mixture of approzimately 30 different formulas to meet different state/city requirements, along with “playing the market”. If one company doesn’t buy enough reserves at the right price, they have to raise their price, so the other companies get to follow suit and make their profits.

Looks like this country needs to do what the military did……..One Army, One Fuel. In the Army, EVERYTHING runs of JP8 fuel. All the trucks are diesal and can run this fuel and the helicopters and tanks use this fuel as well, along with all the generators.

It is “silly” to have a refinery miles within Chicago and the refinery cannot supply gas to the city of Chicago because it isn’t the right “mixture” or formula.

I am with Gary big time on the one fuel. If I was a wealthy oil company say from Texas, I would be partying my tail off right now because all of my bought and paid for politicians would say supply and demand blah blah blah. They then take their cut at election time and the system goes around again.

Not every gas company is striking it rich. It is the buying and selling that if done right, will strike you rich. No different than playing the stock market. If you buy at the right time, you are loaded. If you buy at the wrong time, you break even…….(Oil companies don’t loose).

True there are many factors involved in this situation. Refinery capacity, reserves, environment considerations, cost of labor, etc. The ultimate problem is the reliance on foriegn oil, time to develop alternative fuels and cut the umbilicOIL cord! The price of a gallon of gas is getting out of hand, after all, it is darn near as expensive as a pack of cigarettes!

Gary is right about them not losing. Not ever. I would use this analogy. Some would say a decent cost of living increase is 3 percent. The rank and file would be happy to have seen that this year. The people that make 100,000 dollars a year get a much larger cut than the people who are normal wage earners if they both get 3 percent. somebody gets to keep the extra 20 bucks you are paying each fill up. It is not all going elsewhere for supply and demand. I truly believe that the refineries have lots of problems on purpose just like the folks at Enron were caught red handed doing.

Wiskerkev;

When you are in business for yourself, and you have a stronghold on it, you will NEVER allow yourself to loose money.

There is nothing wrong with what the oil companies are doing. The pricing is based on over 30 different formulas for gas and the buying/selling of raw products.

People complain about gas, yet buy a $4 pack of smokes everyday ( $28 bucks a week for smokes ), They buy a “bottle of water”. Did anyone ever really sit down and think about this???? Seriously, think about it. You are going to give somebody $1.50 for 12 oz of water????? You really don’t think it came from some crystal clear spring in the middle of France, do you??? It is just a bottle of water!!!! Say one bottle a day, that comes to $10 a week.

Yep, gas prices suck, no doubt, but it is so minimal to everything else that people blow their money on, it is a mute point to discuss it.

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Wiskerkev;

When you are in business for yourself, and you have a stronghold on it, you will NEVER allow yourself to loose money.

There is nothing wrong with what the oil companies are doing. The pricing is based on over 30 different formulas for gas and the buying/selling of raw products.

People complain about gas, yet buy a $4 pack of smokes everyday ( $28 bucks a week for smokes ), They buy a “bottle of water”. Did anyone ever really sit down and think about this???? Seriously, think about it. You are going to give somebody $1.50 for 12 oz of water????? You really don’t think it came from some crystal clear spring in the middle of France, do you??? It is just a bottle of water!!!! Say one bottle a day, that comes to $10 a week.

Yep, gas prices suck, no doubt, but it is so minimal to everything else that people blow their money on, it is a mute point to discuss it.

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GARY, So what you’re saying is that……spending $100 on five musky baits is “blowing” money? C’mon now, lets not get rediculous!

You all have made some good points here but the reality is that “Supply and Demand” are dictating the price. The huricane obviously will set back prices farther and maybe even into 2006. Currently “heating fuel / diesel” etc are building reserves into the fall for winter demand, but demand is out-weighing supply right now and to get this back under control fuel prices will have to climb until us as consumers start “slowing” down.

Allbeit $70-80 per barrel of oil sounds like it is time for North America to make a stake in the ground and convert Sand Oil into diesel fuel but the reality is that if the USA did start doing this the law of supply and demand will once again take over and the supply will far outweigh demand driving prices to low for USA suppliers. North America has more oil under the ground than all the countries combined over east, the problem is that over east it is as simple is putting a straw into the ground to get oil whereas in North America it requires heating “Oil Sands” to temperatures of 500 degrees or more. This is a much different type of refining and cost prohibited.

To make a long story short, prices will continue to climb, we will have a slight downturn sometime in October, and then come winter “look out”.