Gas prices

Well, here we go again folks. The American public being taken to the cleaners by the oil companies.
I stopped in BSG to get gas yesterday. I was told I would have to wait a few minutes because they were raising the price. I looked everywhere I knew to look and DID NOT see a truck making a delivery. The gas they were raising the price on was already in the tanks. Now I don't claim to be the smartest person in the world, but I just don't understand how gas that was already on hand could have suddenly cost the store more money. When I said something to the clerk she just gave me a blank look and walked away.

The gas in the ground is priced to purchase future tankers. Say they gave 2.20 a gallon and a barrel of oil raised a dollar. Their next tanker would be 2.30 a gallon. They have to pay for the gas at the time they get it.

If that theory was correct how was the very first load of gas delivered to the store paid for??
The gas is paid for when it is bought, true. But then it is sold for a profit. Any way you look at it they are raising the price of gas that has already been paid for at the old price.

I know what you are saying, but where would the extra money come from? And you usually have start up money to buy that first load.

It's always funny to me that oil prices fall but gas prices remain constant for 2-3 weeks afterward..but let the oil price go up..or tensions heat up in the world..or have a natural disaster and gas prices go up that day...I guess it's the price ya pay when the man in charge of the country is an oil man...glad i never voted for him...makes it easier to sleep at night

That's just the way thngs are. And the way they have been. Long before Bush took office. We are being ripped off at the pump and have for years, no matter who is in the White House.

you must have stopped at the Black Diamond, most of the cashiers in there are clueless any how.

That's true..but it has been twice as bad since bush was elected...2001-gas was $1.35 per gallon...now its around $2.40...in 8 years with clinton+inflation gas went from .99 per gallon up to $1.35...so I'd say there is more than enough proof that our current leader is clueless and inept when it comes to leading our country...the funny thing is folks went out and voted for him not once but twice.

It's sad when gas at $2 looks wonderful.
I remember buying gas at $0.99 in college. That was only about 10 years ago.

LOL, I remember it being 27 cents a gallon!!!!!!!

This is hard to say without sounding bad - hope I don't insult anyone.... lol

the time frame where gas went from $0.99 to $2.50 is less than 10 years (and there also wasn't an increase in minimum wage to help the working poor during this time).

I dont know the actual time frame where gas went from $0.27 to $0.99, but it was a much larger stretch of time (barring the 70s oil crisis which did correct).

Inflation in general does not match this increase.

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LOL, I remember it being 27 cents a gallon!!!!!!!

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I remember gas being 24 cents my first summer home from the Army. My how things have changed.

The summer before the oil crisis gas was 32 cents, five years later, it was over a dollar.

Thank you - was pulling that stuff of the top of my head - no hard facts in there. [img]/LDPforum/ubbthreads/images/graemlins/smile.gif[/img]

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That's true..but it has been twice as bad since bush was elected...2001-gas was $1.35 per gallon...now its around $2.40...in 8 years with clinton+inflation gas went from .99 per gallon up to $1.35...so I'd say there is more than enough proof that our current leader is clueless and inept when it comes to leading our country...the funny thing is folks went out and voted for him not once but twice.

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maybe it's not bush's fault it may have something to do with the 911 attacks, or the tsunami disaster, or possibly hurricane katrina, or possibly the fact that all these "environmentalist" don't want to allow us to drill in alaska where he know there is tons of oil. but since you are against bush your probably one of those folks who believe that George W. is behind all of those things.

hahahaha...keep dreamin those conservative republican dreams..and givin the same excuses...911 didn't force us to go to war in Iraq based on the bush administrations lies...and last season there were nearly NO hurricanes...be a sheep and follow the propaganda machine or learn to think for yourself, open your eyes, and see the light.

i thought we were talking about gas prices it's always you liberal weanies that want to start with the war, as for that topic i say grow some balls and fight for our freedom.

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grow some balls and fight for our freedom

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I'd say being a military man, he's done that.

I'm a vet...so i say to you..grow up and quit listening to everything mommy and daddy tell ya and think for yourself...and while you are at it..wipe that snot off your nose and be somebody

oops i forget i'm really sorry about that seriously and i really appreciate what you guys do i wasn't paying attention i thought maybe he was one of those 13 year old punks on here talking about things they only know about what they learn in school id say being there you know more than me it's just that there's so many punks on this board itching for fights, i'm starting to get a little edgy.

dont crack on the vets j10

I'm with you sup-rbeast, j10 is an idiot, he doesnt know all the facts.

I've not been over there...i was out a long time before any of this stuff ever started...but all I'm sayin is that it is easy to see through the lies of this administration...and it's even easier to determine its inability to lead this country.

I agree that he could do better...but everyone puts their own twist on the stories and i definitely appologize about what i said earlier..i really do appreciate the fact that you served..no matter when it was.

True, it is easy, Desert Shield/Storm started over oil, and so did this one in Iraq, Ahghanistan may be a different story though. I was there in 90/91.

yeah but my political science professor said at yesterdays night class that we dont even get or use that much oil in the middle east

If I'm not mistaken right around 47% of our oil comes from here in the USA...17-20% from South America, 10-14% from the middle east..and the rest from other countries such as russia...BTW, concerning Desert Storm, think back to the Prez then...lol...point proven

r u guys for or against drilling in Alaska just wondering, i think it would be great and really bring gas prices down

You are so right. I guess the apple didn't fall far from the tree with them.

I don't think we need to drill in alaska...we need to quit playin politics over oil and the price will fall anyways.

What we really need to be focusing on is developing alternative energy. There's a finite supply of all nonrenewable resources, and one day they'll all be gone. We really don't need to be dependent on anyone's oil supply, including our own.

And it isn't just the Bushes that were/are incompetent. In my opinion, they all are, democrat or rebublican.

I agree that Democrats and Republicans alike are incompetent...but for the past 20 years Republican Presidents were sitting when our nation went through wars and recessions...it seems they can't see the forest for the trees when it comes to oil and the defecit. Republican control of Congress and the White House is what has gotten us into the present day mess as well.

Clinton would have had his share of recession were it not for the dot-com explosion of the 90s. And lest we forget, the senate majority was republican during a majority of his presidency. Just further evidence that a big majority, regardless of party, are self-serving and cater to the special interests.

Not been around as long as some BUT IMHO the county is better off with a split goverment becouse when the House Senit and Prez have all been the same party (be they Dems or Reps) things have not went all that smoothly

Its the fundemental principle of our country, checks and balances. When its one party, those checks and balances tend to lose most of their power.

I don't think anybody expects fuel not to suffer inflation. Its going to. Hostilities in the world, sure increase a bit. Natural disasters, if it affects the flow of oil, sure increase a bit, but did none of this things occur in the past? Have there not been natural disasters before? And shouldn't our world, in which things are quicker to transport and produce, help counter some of that?

And like Burrhead said on the gas, I understand if the price they have to pay for the next tanker is going up, that they have to have the money to pay for that, but if they have 200 gallons in their tank and it costs them $1 a gallon to get it, and they turn around and sell for $1.10 then when it goes up to 1.20 for them to get it, there is some money difference, but they will then turn around and sell that for 1.30.....however if the next tanker goes back down to costing them 1.00 a gallon do they lower that price then (since the coming one they have to pay for is cheaper) or do they wait till it gets there? We all know the answer to that, they'll bump it as quick as they can if prices may go up, but lower it as slow as they can.

And rumors or things happening doesn't mean that the gas costs them anymore. If a store buys 200 gallons today, and won't need to have another tanker for a week, but tomorrow there is a rumor that we might be in war in Iran tomorrow, the gas prices will soar right then and there, now by the time next week comes along and they have to order their fuel, the price is still the same for them, do they say oh we charged triple for a week because things 'might get bad', we need to really lower the prices? Absolutely not, because they know they can get by with it.


(And yes using small numbers, easier to explain with)

Bottom line is that the only thing that will ever correct this gas price situation is cheaper alternatives . Conflicts between countries will always occur , politicians will always look to their own interests , governmental regulations put on refineries will up the cost more , the stock market will drive prices and lots will still gouge prices whenever the opportunity presents . It's the 1st Law of Economics , Supply and Demand . As long as we have to have it and continue to use it there will be no change .

On a side note , our states are getting a pretty good cut in most cases . Here are the surrounding state taxes on a gallon of gas

NC ( Where I live ) 30.15
Va 18.1
Ky 17.4
WV 27.0
Tn 21.4
SC 16 .0
Al 18.0
GA 7.5 + 3%

There are alot of if's and but's...but the bottom line is financially our country was better when Clinton was president..Historically, wars have pulled countries out of recession...not even a war has helped bush's economics..folks say the economy is strong...maybe if ya make over 250 grand per year..and there has always been war and strife in the world..but we didn't always have to worry about gas going up 25 cents per gallon in a week because of rumors of it...but then again we haven't always had a greedy self serving oil man callin all the shots either..and to think folks say they elected him because of his morals...gimme a break

Morality is great, but I always have a hard time when someone tells you how moral they are. If someone is moral, their actions speak for them more than their words ever will.

We've seen examples, and heard examples of Bush being human. That's why I always have a hard time when someone tries to appeal to how moral or how high of character they are.

Bush is more than likely more moral than Clinton, but we've seen examples of him being human. Those are overlooked, because well we're all human. Clinton lied to Congress. Does anybody think that Bush didn't? I'm not debating the was it right or was it wrong, but he's a politician, dang near everyone of them lie. He's human, he's flawed and that I accept.

People can blame Clinton for not taking care of things, but it can be turned right around and blamed on Bush 1, or blamed on Carter or blamed on Reagan or blamed on Kennedy, or Nixon, etc etc. Any President gets some good and some bad from previous administrations. To say otherwise is crazy and close-minded.

I can readily admit that Clinton made mistakes. I can readily admit that he lied. I hope that anybody who supports Dubya can admit that he made mistakes and that he most likely lied. At the end of the day, Clintons lie to Congress hurt nobody. You can say him being distracted by that whole thing did, but the direct point is him lying about sexual relations didn't hurt a person. Can anybody say that about Bush and his lies? Justified, maybe, the greater good, that's all subject to debate, but what isn't subject to debate that his lies cost people theif life. Now did his lying help save others in the long run? That's an impossible question to answer. I would dare say that people, at the time Kennedy was in office, would swear that he cost the United States untold lifes lost, we were going to escalate the Cold War, etc etc. In the longrun, nope we didn't lose the Cold War. Trying to be sure what is going to happen is impossible. Maybe he saved us from having another terrorist attack in our countries, maybe he caused the next one to be on a larger scale. That is something none of us can say and be sure about.

The difference between Bush and Clinton as far as morals goes is this:..Bush's campaign put his moral stances at the forefront of everything else...Clinton didn't...Clinton never claimed to have high morals...Bush did...and that lie got him elected both times..and now we are paying the price for it...So, in addition, I label him a hypocrite as well