*Last Time We Saw $4.00 Gal. A Barrel Costed $140.00*

Discussion in 'Energy' started by chesswarsnow, Apr 26, 2011.

  1. chesswarsnow
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    chesswarsnow "SASQUATCH IS WATCHING"

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    Sorry bout that,


    1. Do the math, we are getting screwed.
    2. Last time we saw these outrageous prices at the pump was a while back, and then a barrel of oil costs was 140 a pop!
    3. Seems like we are being gouged, by the tune of 30 dollars a barrel.
    4. I think we should be paying no more that 3.00 a gallon here in America.
    5. Lets raise some *HELL*!!!!!!!!!!!!!!:evil:
    6. What a rip off!!!!!:evil:
    7. Link:Gasoline rises a penny to $3.87 per gallon - Yahoo! News


    "NEW YORK – Gas pump prices have climbed for 35 straight days even though industry surveys show Americans have started to drive less.

    The national average rose by a penny to hit $3.87 per gallon on Tuesday, more than a dollar higher than it was last year. Experts say prices should keep rising for the next few weeks before weaker consumer demand forces prices to drop. "We're going to see prices keep bumping up for three, maybe four weeks," energy analyst Jim Ritterbusch said. Eventually less travel will take its toll, Ritterbusch said.

    "They're going to cut back on spending, and that will push gas prices down," he said. "All that should kick in by June."




    Regards,
    SirJamesofTexas
     
    Last edited: Apr 26, 2011
  2. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    That's an incomplete way of looking at the cost of a gallon of gas.

    Considering the BP oil spill, and the aftermath of excessive costs and underutilized resources, there is likely more overhead allocation being applied to the cost structure. We also have increasing demand from developing countries, whose recoveries are far more robust than ours post 2008.
     
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  3. Old Rocks
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    Old Rocks Diamond Member

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    Not to worry. $5 gas in the works, and you will pay it and just whine.

    Then proceed to curse those fools who are trying to develop alternatives to oil.
     
  4. chesswarsnow
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    chesswarsnow "SASQUATCH IS WATCHING"

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    Sorry bout that,








    1. Thats Bullshit, stop trying to ruin my rant too!
    2. What you own some oil stocks or what?


    Regards,
    SirJamesofTexas
     
  5. RGR
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    RGR VIP Member

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    I recommend using less. Surefire guaranteed to cost you less than the alternative. Then, you aren't screwed anymore. Unless you want to be of course.
     
  6. mudwhistle
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    mudwhistle Diamond Member

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    As Nancy Pelosi says, we need to ween ourselves off of carbon based fuels and begin using more renewable Natural Gas.
     
  7. chesswarsnow
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    chesswarsnow "SASQUATCH IS WATCHING"

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    Sorry bout that,







    1. Sure I think we should be on Natural Gas, but the sad thing is, I'm not in the government.
    2. If I were I would be getting everyone on NG.
    3. Why aren't we hooking up the NG to all non-commercial cars????
    4. Lets do this thing!!!!!!!!!!!
    5. Finally we agree on something!!!!!

    Regards,
    SirJamesofTexas
     
  8. Mr. H.
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    Mr. H. Diamond Member

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    Sometimes, crude markets and refined products markets behave differently.
     
  9. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    It costed? Really?
     
  10. Mr. H.
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    Mr. H. Diamond Member

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    At Costco.
     

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