Get This....$200.00/barrell for crude oil

Not going to argue with you but you say Al Gore thinks gas should be $3.50 a gallon. Maybe... But when he was in office it was well below a $1.00 a gallon. Maybe thinking and doing are 2 different things. Not going to get into a political pissing match. But at least when he was in office I could afford to go to work. Not being a Dem or Rep but an AMERICAN.
 
Dirtslinger

Crude oil from outside of the united states is transported and pumped by petroleum powered equipment. It still takes Natural gas or propane to refine petroleum into gasoline. I don't know what these cost's are, but there are cost's

Gasoline has more BTU's then ethanol but if your going to compare cost you look at the cost per each BTU.

The need to have a high compression ratio for ethanol is a myth. With today's computers they have no way to know what is running through them. They just look at how well the combustion process is working and adjust to it.

Ethanol is not just made with corn. It's made with corn, corn cellulose, soy beans, sugar, and several other waste products. Ethanol is made with a number of things thrown away right now.

All of these things help make up for deficit in cost to petroleum.

If there was no tax incentive there would be no filling stations or distillery's. They would just now begin building because it's just now reaching the point where there is enough profit to make it worthwhile.
 
Dirtslinger said:
You are all blaming Bush for high gas prices (didn't know the US gov't set world oil prices and was responsible for the price of gas in China or anywhere else)
Who do you think (Gore) will side with-you or the oil industry?
You blame government for high gas prices, then you expect the same government to "fix" the problem.
Regulating prices of an open market is not the job of government. Go back and read the function of government in the Constitution.
Oil companies made only a 10% profit and you all want govrnment to stop it.
I hope no one else who owns a business makes more than a 10% profit-or makes more than 10% profit on stocks and bonds.
We may have to get the government to stop it.
Stop blaming the govrnment for all your problems and then asking them to fix everything. You're only like a dog chasing its tail.
Cheap gas isn't a right as many seem to feel.
Stop whining and complaining and expecting someone else to help you.
Try helping yourself once. You might find when you aren't so reliant on others, things will change.
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I have not mentioned Bush (on this thread) for being the culprit behind the price of gas. But cronyism and personal ties to industry certainly would influence me,you,or anyone else in office to look the other way. Your a liar if you say it isn't so. Be a man.. call a spade a spade, and realize that George doesn't want to do anything about this, nor will he ask congress to help. I'm not blaming the govt. for high oil prices, I'm blaming them for not doing anything to help. We still haven't seen any report regarding Georges "looking into" Oil company profits as was promised a few months ago. Glad you have a crystal ball and can tell me what Gore would be doing right now. For the record, I've never said he would have been better in office, just different. Anything different right now would be a blessing.

So if its not the job of the government to regulate this industry then please explain to me why congress is now trying to pass legislation to regulate the phone and ISP providers on how much they can charge. Why are there laws prohibiting telemarketers? There are many other examples of government regulating industries. Why is there a food and drug administration? Are you now going to tell me those examples are not government regulation of industry? Sure appears to me that the government is telling them what to do. I'm not 100% for govt. regulations of the oil industry. Hell the govt. can't do anything right anyway. But I am for them doing something, like mandatory conservation....as I mentioned earlier. Heck, anything is better than nothing, and thats what they are doing...nothing.

I don't blame the government for all my problems. I've broken my arm and shoulder in the last year, have you heard me once blame that on George or our government. The only thing I blame the government of is quite simple....DOING NOTHING...this administration is world-wide famous for it. (go ahead, now tell me how George single-handedly rid the world of terror. Guess what, bombs are still going off all over the world and if the terrorist wanted they could be right back in this country with no problem at all. Don't beleive it, the Government can't even stop the poor Mexicans from pouring over our borders, you think a well funded terrorist would have any problem?)

Never thought or said cheap gas is a right, not blaming the government for all my problems. Not asking the govt. to set world prices for oil, Not saying Gore would have been any better. I'm certainly not reliant on others (ask anyone who knows me), and I darn sure know that things aren't gonna change. I'm not financially strapped and can afford to drive as much or as little as I want. There are others not as fortunate who cannot. I liken them alot to the thousands in New Orleans that George turned a deaf ear and blind eye to last summer.

Now, what was the point of your post?
 
Dirtslinger said:
People CAN afford to get rid of their Escalades. If they bought something that costs less to buy, they would probably have NO car payment (or very little, since what they trade in is worth far more than what they are buying).
Many people could probably trade them in, pay off their notes and still have a lower car payment-and then burn less gas, saving even more money.
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NO, they can't. When you purchase a car the bank floats you a loan. In the case of an Escalade maybe $30k (I don't know, I'm not a republican I don't drive around in one with a little "W" sticker on the back window) plus your compounded interest. As soon as you sign the papers, depreciation sets in. Your $30k vehicle is now worth $25k. Now lets assume you've driven it for a year. During that first year you are basically paying the interest on the $30k loan. You now have a vehicle worth roughly $22k (if you sold it outright) that you still owe $30k on. Hence the phrase "upside down on your loan". Now you wander off to the car lot and tell them you want to trade it in. Well guess what, they have a whole lot full of SUV's that aren't moving. So, they offer you about $17k trade in. Now, being the good republican that you are, you say, Damn, thats a good deal..I owe almost $30k, you'll give me $17k.....OK I accept your offer. Now you refinance that $13k difference you still owe the bank, into the price of your new $20k Honda/Toyota/VW/ or whatever. Now you are back up to financing over $30k on a vehicle that is worth $15k as soon as you sign the papers. Right back where you started from.. but worse off value wise on your new car. You now have a $15K Honda that you owe over $30k on. The only thing your saving on is your gas bill, but you've just ate over $13K worth of stupidity. And do you really think someone who's been driving an Escalade is gonna downsize to something like a Yugo? Even if you trade it in on an old clunker your still eating the $13k. Guess it makes sense. Sounds like how our country is being ran.
 
Oil supply isn't the problem, anyway. It's a lack of refineries. BP even admitted that they had a large stockpile of oil reserves, so the shut down of the field wasn't going to have an immediate impact. And even better, a good chunk of said oil goes to the West coast. We (the Midwest) get our oil from the Gulf of Mexico.
 
Personally, I am glad to see $3 a gallon gas prices.

Ok, before you think the old cowracer slipped a gear, hear me out. High oil prices is what it will take to get us off the OPEC teat.

Before these high prices hit a couple years ago, nobody ever gave much thought to other fuels. E85 was just an idea, biodiesel was a pipe dream. The reason was that there is no incentive to develop new fuels when oil is so cheap. We guess what, oil aint cheap anymore.

But we as a nation are addicted to oil. And like any addict, we will pay any price to get our fix. We are an oil based economy and any blip in oil prices or supply has a ripple throughout our whole economy. This puts us in the unfavorable situation where we are forced to do business with people in the middle east whom we wouldn't trust over at our house for dinner. Its like the Clayton businessman who has to go to the east side to score some coke.

The current high oil prices are starting hurt bad enough now to make other sources of fuel attractive. Namely ethanol and biodiesel. New ethanol plants arent cheap, but now they can be built and the owners can expect to make money off of them.

We can pump enough oil out of the prudhoe bay to make up what we cant use ethanol for. This means we can finally be energy independent as a nation. We dont have to go hat in hand and practically beg the arabs to sell us oil. If they want to kill each other, fine, what do we care? Wanna see an arab poop his robe? Just mention the words "American Ethanol-Based Economy" to 'em and watch the color drain out of their faces.

The ethanol economy is finally coming. Mark my words, In 5-7 years, we will have our engery independence.

High gas prices are like a rabies shot. Sure it hurts short term, but long term we will be much better for it.

Tim
 
mad daddy said:
One Word Qt Paid 2.89 Tonight Yeah Not Cheap But Better Than 3.09
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I paid the same today! That's great,guess the "experts" were wrong....so far anyway.Hope it at least stabalizes,even though 2.89 or 3.00 is way high,at least a person could budget a little bit better if it would stay at that price.
 
I feel the shark coming closer to land. I bet they have a BIG surge right before the holiday weekend....
 
Just so you guys know. Almost 90% of the Alaskan Pipeline does is not used in the U.S. Due to large amounts of sulfer in the Oil pulled from the bay, the United States Environmental Protection will not allow the oil to be used in the United States. Also since they announced the problems with the pipeline oil has dropped two dollars a gallon. Also didn't they say that oil was going to hit $200 a gallon after Katrina. That never happened.
 
pit2lm said:
Just so you guys know. Almost 90% of the Alaskan Pipeline does is not used in the U.S. Due to large amounts of sulfer in the Oil pulled from the bay, the United States Environmental Protection will not allow the oil to be used in the United States. Also since they announced the problems with the pipeline oil has dropped two dollars a gallon. Also didn't they say that oil was going to hit $200 a gallon after Katrina. That never happened.
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Point well said..and..it will never happen. Why? Because our goverment will get linched..the trucking industry will shut down..and this country will come to a screaming halt(truckers are hammered..as it is now). Plus...the Alaskan stuff...like pit said..doesnt come here..oh no...too much sulfur in it..so we send it too....geus..guess..lol..overseas...does that make sense???
 
Hang on to your hats. Yes, it's $2.83/gallon right now, but I filled up this morning, and talking to the attendant, he said that the gas prices will be jumping up when they run out of the cheaper reserve. Probably in the next week or so. Keep those tanks topped!!!
 
Regular is in the $2.93 to $2.95 range here now. It actually went down a few cents!!

It cost me over 120 bucks to drive from Myrtle Beach,Sc back to Arkansas two weeks ago. That was getting 29 MPG also! :mad:
 
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