Topic: Bad news for our forum members in Hawaii (Read 5721 times)

Jack Morris · « **on:** August 25, 2005, 02:44:53 pm »

http://biz.yahoo.com/fool/050825/112499214615.html?.v=1

Can we say OUCH? Stupid price controls, and darn those greedy refiners, trying to make a profit.

AlienLXIX · « **Reply #1 on:** August 26, 2005, 02:19:05 am »

Hey something has GOT to be done! We get RAPED by the gas co.s here. Even on base we are paying $2.58! Kerist, I have to get my mom to take me to Costco just so I can get $0.05 cheeper gas! Oh and out side of the bases the gass is anywhere from $0.10 to $0.25 more! WTF is all that? You know what they tell us? It costs more because they have to ship it over . . . UHHHH OK bite me but why doesn't the middle of the mainland have to pay our prices? Don't you have to deliver it to them too?

:soap:OH and don't get me started on the freaking numb-nuts out there with their blinged out SUV gas hogs! WTF do you NEED something like that? Do you even go off-roading with your "Hummer"? Gurrrrrrrrrr

Capt. Mike · « **Reply #2 on:** August 26, 2005, 05:26:13 am »

Alien, we've been paying $2.49 to 2.65 here in NE...it's not necessarily the cost of shipping..how much is your state taxing gasoline to pad thier pockets? Heck, even the base here is no lower than the local economy...

Open ANWAR, let offshore drilling happen, more nuke plants, etc.....

Mike

Jack Morris · « **Reply #3 on:** August 26, 2005, 08:15:29 am »

2.50 plus in Austin, and usually TX has less expensive gas (One of the benefits of having those huge sprawling refineries nearby). I would say that the refiners are getting theirs while they can. Unless China and India gobble up more oil like they started to do last year this time, the refiners know that it is time for a short dip until the cold weather snap starts appearing.

It's weird how if you pay attention to maritime companies that you can see the India/China effect before it breaks major news. Look at the 4th QTR on some of these companies.

http://finance.yahoo.com/q/bc?s=FRO&t=1y 36 to 64.

http://finance.yahoo.com/q/bc?s=EXM&t=1y 22 to 65.

http://finance.yahoo.com/q/bc?s=GMR&t=1y 28 to almost 50.

Then we have our refiners:

http://finance.yahoo.com/q/bc?s=VLO&t=1y

Not much of a bounce for VLO, but if you notice they had a split in 4th QTR, and splits are great when the company still keeps on soaring.

http://finance.yahoo.com/q/bc?s=PCO&t=1y

Not much activity there either, except 1st QTR like Valero.

Moral of the story? Look at your shippers first before they get to the producers and you can usually tell when oil or other commodities are going to jump UP.

Jack Morris · « **Reply #4 on:** August 26, 2005, 08:16:28 am »

And yes Alien, I totally agree with you on SUVs. I'm wondering if some well to do Americans are on crack since they drive those thuings and do not tow anything, and have no passengers.

Dracho · « **Reply #5 on:** August 26, 2005, 08:46:14 am »

Our gas in Oklahoma is $2.46 per gallon. .67 of that is tax.

Before you say, "But Oh the roads would be crappy", that tax does not go to roads, it dumps into the general fund. Some politicians are tying to get ANOTHER fuel tax of .05 to fix our roads and bridges. Excuse me? The first fuel tax is SUPPOSED to fix roads and bridges.

Sorry, when 1/3 of the price of a product is taxes, and the people put up with it, complaining about it being expensive is going to fall on deaf ears.

The rest of us are on a budget, and the cost of fuel is HURTING, but it's not hurting the politicians who have it artificially inflated. Do you realize gas is taxed higher than luxuries were under the luxury tax?

Sirgod · « **Reply #6 on:** August 26, 2005, 08:51:42 am »

Quote from: Dracho on August 26, 2005, 08:46:14 am

Our gas in Oklahoma is $2.46 per gallon. .67 of that is tax.

Before you say, "But Oh the roads would be crappy", that tax does not go to roads, it dumps into the general fund. Some politicians are tying to get ANOTHER fuel tax of .05 to fix our roads and bridges. Excuse me? The first fuel tax is SUPPOSED to fix roads and bridges.

Sorry, when 1/3 of the price of a product is taxes, and the people put up with it, complaining about it being expensive is going to fall on deaf ears.

The rest of us are on a budget, and the cost of fuel is HURTING, but it's not hurting the politicians who have it artificially inflated. Do you realize gas is taxed higher than luxuries were under the luxury tax?

I saw the story on that about two weeks ago. It's one of the worst things tha this state has ever done.

Stephen

Jack Morris · « **Reply #7 on:** August 26, 2005, 09:07:04 am »

Hear, hear Dracho! We have a Rick Perry moneymaker toll road almost complete, WTF? Texas has always been wary of those things. Now if it wasn't enough that his family and friends enriched themselves at taxpayer expense (People were buying plots of land before the announcement of where it waqs going to be and increased their investment 10 fold because the land sale is GUARANTEED

), now they want to get on 290 that cuts across Austin east by west on the southern side. I hope to God that it gets voted DOWN, but they play smart, the new highway is not quite operational, so taxpayers have not felt the pinch yet.

Again our tax dollars that SHOULD be used for roads goes into the crapper, or somebody's pockets.

Dracho · « **Reply #8 on:** August 26, 2005, 09:22:18 am »

At least in Texas, when the toll road is paid for, the booths come down. Here in Oklahoma, we built toll roads, and they were to become free when paid for. But, wait... OOPS! We "forgot" to fund their maintenance (and fuel tax goes into the general fund), so we'll just have to keep them operating as toll roads. Sorry...

Well, WHY DO THE TOLL ROADS HAVE SO MANY FREAKIN" POTHOLES THEN?!?!? Where's the dadburned money going?

If it looks like a turd, and stinks like a turd, you probably don't have to poke it with a stick to figure out the inside is full of crap.

wulf111 · « **Reply #9 on:** August 26, 2005, 09:29:05 am »

if you want to talk about getting raped at the gas pumps it is now $2.69 here in ohio for regular grade on wednesday it was $2.41 the price went up 28 cents in one day and to add salt to the wound it was stated by the ohio energy commision that alot of states are suspending the sales tax on gas but ohio doesnt have sales tax on gas so they couldnt lower it ..... WTF they just passed a bill to raise gas sales tax a few months ago ... the greedy SOB's dont want to do anything about it. they must think we are all stupid or something.

sorry for the rant but i had to vent a litte bit here we are all feeling the pain at the pump lately

Jack Morris · « **Reply #10 on:** August 26, 2005, 09:55:34 am »

Ummmm, Dracho? I don't think they will take the booths down this time, greed is setting in here in Central TX.

I'm sure people will try to block the continuance as they are already feeling the big green money weiner enough with gas prices.

Dracho · « **Reply #11 on:** August 26, 2005, 09:58:53 am »

Well...you guys just passed that silly law that lets private investors build and operate a toll road. Those will never be free.

Jack Morris · « **Reply #12 on:** August 26, 2005, 10:08:46 am »

They will learn one day, they will learn.

Messican highways are toll roads, people use them becaus the free ones SUCK! I get a kick out of hearing Vicky say "This is BS, we pay and STILL get crappy roads." Their version of an interstate highway is a 2 lane P.O.S. that is not even built well, I think they do it on purpose to justify keeping the tolls. You think Americans are greedy? Try going to Messyco.

E_Look · « **Reply #13 on:** August 26, 2005, 11:22:50 am »

Quote from: Jack Morris on August 26, 2005, 08:16:28 am

And yes Alien, I totally agree with you on SUVs. I'm wondering if some well to do Americans are on crack since they drive those thuings and do not tow anything, and have no passengers.

They're not on crack; they're on snot. You know, you wear ProKeds, they get All Star Converse. You get the All Star Cons, they get Adidas, Puma. You get Nike, they get the ones that blink with lights, etc. Well, they're just showing you they still have got better sneakers than you.

Well, bully for them, as my pair of Buicks even drink a heck of a lot less than their pair of SUVs, whatever make.

Jack Morris · « **Reply #14 on:** August 26, 2005, 11:56:36 am »

Ask and ye shall receive, I'm having pics of antiques to be developed, but am also going to show everyone what kids and adults drive to work in my neighborhood.

I before E EXCEPT after C. I forgot the golden rule on receive, hehehehehehe...

KBF-WillWeasel · « **Reply #15 on:** August 26, 2005, 12:37:47 pm »

Gas in Georgia is like 2.57-2.60ish

Funny thing is we have the lowest tax in the southeast, we repealed it years ago. Tenn and Alabama have lower gas prices, but higher taxes.....

Jack Morris · « **Reply #16 on:** August 26, 2005, 01:09:11 pm »

I drove through GA in 94 on my way to Dothan and the Army's flight medic school, cheapest gas I ever saw. My how things have changed.

SkyFlyer · « **Reply #17 on:** August 26, 2005, 02:07:14 pm »

Cali is like 2.70 for 87 octane. Deisel is over $3.

Bonk · « **Reply #18 on:** August 26, 2005, 02:30:24 pm »

I want to ride my bicycle

Jack Morris · « **Reply #19 on:** August 26, 2005, 03:24:31 pm »

She's a killer queen, dynamite with a laserbeam...

Jack Morris · « **Reply #20 on:** August 26, 2005, 03:39:09 pm »

http://news.yahoo.com/s/ap/20050826/ap_on_bi_ge/oil_inequality

Jack Morris · « **Reply #21 on:** August 26, 2005, 04:01:29 pm »

Hey! I got a problem with that article! The Swiss say we earn thousands more than 36k average? they do not listen to the Dept. of Labor? I guess that blows our analysis of NWAC's salaries out of the water, much less the analysis of raising a family in the U.S., eh?

Sethan · « **Reply #22 on:** August 26, 2005, 08:22:39 pm »

Quote from: Dracho on August 26, 2005, 09:22:18 am

At least in Texas, when the toll road is paid for, the booths come down.

Several city governments just approved making a toll road out of a big chunk of an existing road here - SH121.

Just plain old Punisher · « **Reply #23 on:** August 26, 2005, 08:46:59 pm »

Oh cry me a river, we pay 3.05 in san diego

Dracho · « **Reply #24 on:** August 26, 2005, 09:42:16 pm »

Quote from: Punisher on August 26, 2005, 08:46:59 pm

Oh cry me a river, we pay 3.05 in san diego

Yeah, but you guys are already so poor from making insane house payments that a few more bucks in the hole isn't even noticeable..

IAF Lyrkiller · « **Reply #25 on:** August 26, 2005, 11:16:27 pm »

What we need is more oil refineries, and screw the environmentalist's.

In Dallas, I am starting to change my driving habits and driving slower. most people i see are not.

Jack Morris · « **Reply #26 on:** August 27, 2005, 07:20:33 am »

LMAO @ Dracho's comment.

I hear ya Cayne, I may not go slower, but I can tell you I think about what is a good reason to drive the car nowadays. Those trips to 7-11 just for coffee? Not any more. Grocery trips are once a week, but I've always tried to do that in one shot as H.E.B. always seems to have a crowd, especially on the weekends. Joyriding just to get away and listen to some tunes while driving? That is definitely on hold right now.

Leda has picked up on it too, she visits her friends who live in north Austin much less and talks to them by phone instead.

For some reason though, I see a LOT of people driving around like there is no tomorrow, so I definitely see in Austin what you are seeing in the big D.

Cali is in definite need of more refinery capacity, and I do not understand it as many small petro and gas companies are HQ in Cali. Here is one example.

http://finance.yahoo.com/q/pr?s=ROYL

How about that, HQ in San Diego.

Jack Morris · « **Reply #27 on:** August 27, 2005, 07:22:30 am »

I also might add that for the first time since I've been to Mexico, our U.S. average prices have surpassed that criminally, corrupt Mexican company called Pemex in prices of gasoline.

Sarek · « **Reply #28 on:** August 29, 2005, 11:17:17 pm »

It could be, and has been, worse.

Quote

For the price of oil—not in nominal dollars but real, inflation-adjusted dollars—to surpass the record set in January 1981, it would have to be $86.72 per barrel. Last Friday it was $65.35. For headlines about "record" gasoline prices to be accurate, a gallon would have to cost $3.12. Last week the national average reached $2.55—less, in real terms, than in March 1981, when the price in today's dollars was $3.11. Or, for that matter, in 1935, when the price was $2.67. Which explains one of the least mysterious "mysteries" of the moment—why, in spite of "sky-high oil prices" (Fox News) and "skyrocketing" gas prices (CNN), people are, according to AAA, driving more.

http://www.msnbc.msn.com/id/8897401/site/newsweek/

KBF-Crim · « **Reply #29 on:** August 29, 2005, 11:55:54 pm »

"You can have my gas guzzler when you can pry me from the hot smoking wreckage!"

AlienLXIX · « **Reply #30 on:** August 30, 2005, 12:28:13 pm »

Quote from: Punisher NCC-2000 on August 26, 2005, 08:46:59 pm

Oh cry me a river, we pay 3.05 in san diego

Well that's one other reason I hope Ferret never gets stationed there! Sure we'd be near you Pun but damn with that price and the traffic into base?! OH hella NO!

BTW we are now paying $2.89 here.

Hey when is the Feds gonna say that this is the rainy day that they have been saving up oil for?

Jack Morris · « **Reply #31 on:** August 30, 2005, 12:32:12 pm »

@ Aliens post!

AlienLXIX · « **Reply #32 on:** August 30, 2005, 08:01:49 pm »

Jack is laughing at me!

Whaaaaaaa make him stop!

So are you telling me that there is no such thing as oil reserves? That its all a lie? A fairy tail to help the grown ups sleep at night? What?

Jack Morris · « **Reply #33 on:** August 30, 2005, 08:48:02 pm »

I was not laughing at you, I was laughing at the hella no comment and stuff. My apologies.

The fundamental argument for higher oil involves increasing demand and inelastic supply. Increases in consumption, mainly in India and China, are estimated to result in a 5% per year increase for Asia's total consumption. Although there is domestic production of oil, of course, spare capacity rests with OPEC countries, particularly the low-cost producer Saudi Arabia, which is estimated to have a quarter of the world's oil. Saudi Arabia is now pumping 11 million barrels of oil per day, almost full capacity, so every small increase in demand has a big impact on prices. With demand increasing and supply already allocated, the price of oil will continue to climb.

The fundamental argument for lower oil is that there is plenty of oil. Americans consume around 20 million barrels of oil per day. This is a huge amount, but increasing only very gradually, at around 1% per year. Europeans consume around 15 million barrels per day, but growth in European consumption is also relatively stable. Asia now consumes about 18 million bpd (with China alone consuming more than 6 million). Due to technological advances and new discoveries, the world's oil supply, rather than dwindling, actually grows year after year. Supply problems, therefore, are ultimately short term. In response to greater demand, new supply is brought online. And if no new supply comes online, then demand slackens. Some analysts also argue that speculation is currently driving the energy markets. Oil is a bubble, they say, akin to the South Sea bubble, or the Dutch Tulip Mania -- the result of speculation and greed.

AlienLXIX · « **Reply #34 on:** September 02, 2005, 02:00:46 am »

OK with all those words you just threw at me you are basically saying that at some point we are going to see a light at the end of the tunnel?

Oh and is it the end of the tunnel or is it that freaking huge freight train? $:-\$

Jack Morris · « **Reply #35 on:** September 07, 2005, 09:29:40 am »

Light? There is a headlight from the freight train coming right at us, IMO. It's simple math Alien. China has over 1 billion people, and a 5% yearly increase in fuel consumption? OMG, that is millions of users per year!

Let's not leave India out of the mix.

The U.S. has what? 260 million people plus the undocumented people? So for safety's sake let's say 300 million people? A 1% yearly increase is nothing compared to the percentage of China and India.

There is still oil, it's just going to be more expensive to drill it. ANWAR will not be the answer, neither will be IRAQ. When you deal with a unreplenishable commodity, it will run out sooner or later. We might not see it, but the next generation surely will, IMHO.

E_Look · « **Reply #36 on:** September 07, 2005, 10:29:08 am »

Here where we DON'T mock France: we should do as they have and INCREASE our nuclear power plants. I think it is inevitable, so the sooner the better.

AlienLXIX · « **Reply #37 on:** September 09, 2005, 02:58:12 am »

Quote from: E_Look NCC-9091 on September 07, 2005, 10:29:08 am

Here where we DON'T mock France: we should do as they have and INCREASE our nuclear power plants. I think it is inevitable, so the sooner the better.

I have to agree with you on that one even though the thought of 'nuclear' gives me the heebejeebes. Then again where the HEL do we put the slag when it'd done giving us energy? Stupid to bury it as at some point we know something is gonna go really badly wrong and we pay for it big time.

There are alternative options out there. We just have to have the tech to make these alternatives cost effective and more efficient.

More solar, better batteries, geo-thermal, wind, and even trash! Come on lets get our brightest engineering minds on these problems!

E_Look · « **Reply #38 on:** September 09, 2005, 10:47:35 am »

1. Utah.

2. Those other methods will not generate the volume of power the modern world needs. I can't (yet) see any way.

The Postman · « **Reply #39 on:** September 10, 2005, 08:41:57 am »

And in Mass, our educated senators, messieurs Kennedy and Kerry, have taken a NIMBY attitude against the Cape wind project. This project would place windmill towers 6-10 miles off of the coast and generate enough electricity for all of Cape Cod. However it would be near the area of the Kennedy Compound and therefore is unacceptable. I think these are the type of projects we should be developing.

Commander Maxillius · « **Reply #40 on:** September 11, 2005, 06:49:18 pm »

You've got a point about the oil running out. I've decided that my next vehicle will be a hybrid of full electric of some type, because when this car is paid off gas is gonna be over $5/gallon, and I'm telling you it's not going to get any cheaper. Those of us here that are under 40 or so will see the end of the oil. They're predicting 2050, and that was at 1995 usage. Barring any big wars, I think we'll be lucky to have any oil in the ground by 2040, and it's going to become economically useless to any but the upperclass by 2015-2020.

I'm just guessing here, but my generation is in for a bumpy ride, thanks to the wasteful bastards that came before us.

Thanks

Jack Morris · « **Reply #41 on:** September 11, 2005, 10:07:13 pm »

The new Toyota Prius gets 61 mpg in the city. I met an asst. football coach for U.T. at my neighborhood 7/11 and I inquired about his new Prius. He fills up every two weeks, and it's all mostly city downtown driving as U.T. is right by downtown in Austin.

Toyota has already stated they will make all of their models with a hybrid option. Next year's model release will be the hybrid Camry, and I imagine people will be snapping them up as the Camry is still the number one selling sedan in the U.S.

Dracho · « **Reply #42 on:** September 11, 2005, 10:22:50 pm »

Lexus has a hybrid SUV hitting the market in 2006. It gets 35 MPG, which is pretty darned impressive for an SUV (Although those crappy mini-vans people drive to their eco-meetings to berate SUV's don't get very good mileage either). My Tahoe gets 18 MPG on the highway (unless I am towing), and that's better than many mini-vans. My old Z-28 got 28 MPG on the highway.

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Topic: Bad news for our forum members in Hawaii (Read 5721 times) var addthis_config = {"data_track_clickback":true};

Topic: Bad news for our forum members in Hawaii (Read 5721 times)