Dabs
~Unpredictable~
Well....I paid $3.03 per gallon yesterday!
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The US is producing so much gasoline, Big Oil can't sell all of it here. So they are exporting record amounts of gasoline to keep the price here artificially high. So much for the CON$ervative crap about refining capacity being so low jacking up prices because no new refineries were built in 30 years.
DRILL, BABY, DRILL
so Big Oil can
EXPORT, BABY, EXPORT
Gasoline: The next big U.S. export - Dec. 5, 2011
NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.
The United States began exporting gas in late 2008. For decades prior, starting in 1960, the country used all the gas it produced here plus had to import gas from places in Europe.
But demand for gas has dropped nearly 10% in recent years. It went from a peak of 9.6 million barrels a day in 2007 to 8.8 million barrels today, according to the EIA.
A conspiracy forum thread imo.
Demand is down because production is down....
^ this...
yes, to cornucopians, rising oil price is all a big conspiracy... a 550% price increase over 12 years has had nothing to do with supply constraints, and is merely the result of artificial suppression of flow rates, keeping the oil in the ground so they can jack the price up. ... you know, by leftists.
where they all met to get their story straight, and how no one has leaked any of it remains quite the mystery.
Don't badmouth oil companies. Republicans get tired of having to apologize.
Don't badmouth oil companies. Republicans get tired of having to apologize.
Oh yeah...let's attack the big bad oil companies. Anything about the following chart strike you as odd?
CARPE DIEM: Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
Pssst....I will give you a hint:
"But the fact is, the gross profit margin for a gallon of gas in America today, is what it has always been, on average, .08 cents per gallon, (2.5% at $3.00 per gallon). Though retail gas prices fluctuate with crude prices and supply vs. demand, the gross profit margin per gallon remains roughly the same at all times. (No evidence of price gouging here.)
However the federal government profits approximately .59 cents per gallon through gasoline taxes, 7 ½ times or 750% that of the oil producers themselves and 20% of the price at the pumps. Pay attention here, Washington liberals are attacking oil companies for their 2.5% gross profit margin, while Washington is profiting 20% per gallon. Democrats answer? Tax some more?"
Who is "gouging" Whom at the Pumps?
Don't badmouth oil companies. Republicans get tired of having to apologize.
Oh yeah...let's attack the big bad oil companies. Anything about the following chart strike you as odd?
CARPE DIEM: Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
Pssst....I will give you a hint:
"But the fact is, the gross profit margin for a gallon of gas in America today, is what it has always been, on average, .08 cents per gallon, (2.5% at $3.00 per gallon). Though retail gas prices fluctuate with crude prices and supply vs. demand, the gross profit margin per gallon remains roughly the same at all times. (No evidence of price gouging here.)
However the federal government profits approximately .59 cents per gallon through gasoline taxes, 7 ½ times or 750% that of the oil producers themselves and 20% of the price at the pumps. Pay attention here, Washington liberals are attacking oil companies for their 2.5% gross profit margin, while Washington is profiting 20% per gallon. Democrats answer? Tax some more?"
Who is "gouging" Whom at the Pumps?
We're only part of the globe when it makes a convenient point for the loony left.I want cheap corn, wheat, oats, etc. but "Big Ag" is exporting grains at a record pace thereby controlling the price we pay for food at the supermarket.
Get a grip. Crude, natural gas, and refined products is a global market.
We're part of the globe.
but but but... capitalism is evil! Government is the font of all that is good in the world!Don't badmouth oil companies. Republicans get tired of having to apologize.
Oh yeah...let's attack the big bad oil companies. Anything about the following chart strike you as odd?
CARPE DIEM: Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
Pssst....I will give you a hint:
"But the fact is, the gross profit margin for a gallon of gas in America today, is what it has always been, on average, .08 cents per gallon, (2.5% at $3.00 per gallon). Though retail gas prices fluctuate with crude prices and supply vs. demand, the gross profit margin per gallon remains roughly the same at all times. (No evidence of price gouging here.)
However the federal government profits approximately .59 cents per gallon through gasoline taxes, 7 ½ times or 750% that of the oil producers themselves and 20% of the price at the pumps. Pay attention here, Washington liberals are attacking oil companies for their 2.5% gross profit margin, while Washington is profiting 20% per gallon. Democrats answer? Tax some more?"
Who is "gouging" Whom at the Pumps?
We're only part of the globe when it makes a convenient point for the loony left.I want cheap corn, wheat, oats, etc. but "Big Ag" is exporting grains at a record pace thereby controlling the price we pay for food at the supermarket.
Get a grip. Crude, natural gas, and refined products is a global market.
We're part of the globe.
Don't badmouth oil companies. Republicans get tired of having to apologize.
Oh yeah...let's attack the big bad oil companies. Anything about the following chart strike you as odd?
CARPE DIEM: Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
Pssst....I will give you a hint:
"But the fact is, the gross profit margin for a gallon of gas in America today, is what it has always been, on average, .08 cents per gallon, (2.5% at $3.00 per gallon). Though retail gas prices fluctuate with crude prices and supply vs. demand, the gross profit margin per gallon remains roughly the same at all times. (No evidence of price gouging here.)
However the federal government profits approximately .59 cents per gallon through gasoline taxes, 7 ½ times or 750% that of the oil producers themselves and 20% of the price at the pumps. Pay attention here, Washington liberals are attacking oil companies for their 2.5% gross profit margin, while Washington is profiting 20% per gallon. Democrats answer? Tax some more?"
Who is "gouging" Whom at the Pumps?
Exactly the point I was making.
Give the people a real tax break.
Drop the Feds taxes on Gas. For a year or two
Instead they are robbing the Seniors in SSI and Medicare for the last year and now another 2 months or full year.
Dem's are throwing grandma over the cliff
But Repubs are not even making this point or even suggesting that this could be done.
No it's cut the peoples program funding, but never the Governments income.
Never said we weren't. The left only gives a shit about being 'part of the globe' when it seems to provide a political advantage to them. Otherwise, everything happens in the vacuum of their desired situation unaffected by anything else. Other members of the idiot left class constantly remind us of the 'global oil market' in an effort to minimize our contributions to OVERALL SUPPLY as a depressing force to global oil prices. But when it suits them, they flip the case and pretend we're isolated. So it does not matter whether or not Exxon exports or not it's oil or gasoline, it's still in the global market and the more production they do, the more they depress overall prices.We're only part of the globe when it makes a convenient point for the loony left.I want cheap corn, wheat, oats, etc. but "Big Ag" is exporting grains at a record pace thereby controlling the price we pay for food at the supermarket.
Get a grip. Crude, natural gas, and refined products is a global market.
We're part of the globe.
So we're not part of the globe?
No, if you reduce gas taxes, you reduce the cost of gas. You can make up for it by starting to license and charge bicycle riders for the use of the roads they currently enjoy for free at the expense of car owners/users.Oh yeah...let's attack the big bad oil companies. Anything about the following chart strike you as odd?
CARPE DIEM: Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
Pssst....I will give you a hint:
"But the fact is, the gross profit margin for a gallon of gas in America today, is what it has always been, on average, .08 cents per gallon, (2.5% at $3.00 per gallon). Though retail gas prices fluctuate with crude prices and supply vs. demand, the gross profit margin per gallon remains roughly the same at all times. (No evidence of price gouging here.)
However the federal government profits approximately .59 cents per gallon through gasoline taxes, 7 ½ times or 750% that of the oil producers themselves and 20% of the price at the pumps. Pay attention here, Washington liberals are attacking oil companies for their 2.5% gross profit margin, while Washington is profiting 20% per gallon. Democrats answer? Tax some more?"
Who is "gouging" Whom at the Pumps?
Exactly the point I was making.
Give the people a real tax break.
Drop the Feds taxes on Gas. For a year or two
Instead they are robbing the Seniors in SSI and Medicare for the last year and now another 2 months or full year.
Dem's are throwing grandma over the cliff
But Repubs are not even making this point or even suggesting that this could be done.
No it's cut the peoples program funding, but never the Governments income.
You write like you think if you reduce taxes, oil companies will reduce the price of gas. Why would you think that?
I pay $3.44. Don't make me beat you.I bought gas for $2.92 this morning.
Oh yeah...let's attack the big bad oil companies. Anything about the following chart strike you as odd?
CARPE DIEM: Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
Pssst....I will give you a hint:
"But the fact is, the gross profit margin for a gallon of gas in America today, is what it has always been, on average, .08 cents per gallon, (2.5% at $3.00 per gallon). Though retail gas prices fluctuate with crude prices and supply vs. demand, the gross profit margin per gallon remains roughly the same at all times. (No evidence of price gouging here.)
However the federal government profits approximately .59 cents per gallon through gasoline taxes, 7 ½ times or 750% that of the oil producers themselves and 20% of the price at the pumps. Pay attention here, Washington liberals are attacking oil companies for their 2.5% gross profit margin, while Washington is profiting 20% per gallon. Democrats answer? Tax some more?"
Who is "gouging" Whom at the Pumps?
Exactly the point I was making.
Give the people a real tax break.
Drop the Feds taxes on Gas. For a year or two
Instead they are robbing the Seniors in SSI and Medicare for the last year and now another 2 months or full year.
Dem's are throwing grandma over the cliff
But Repubs are not even making this point or even suggesting that this could be done.
No it's cut the peoples program funding, but never the Governments income.
You write like you think if you reduce taxes, oil companies will reduce the price of gas. Why would you think that?
Exxon Mobil said Thursday that it makes relatively little money on gasoline, even as it reported a nearly $11 billion quarterly profit.
Exxon pushes back on gas price anger as profits soar - Apr. 28, 2011