Why Is Gas So High?

Hubbert predicted peak natural gas back in the early 70's as well.

Link for context, or admit you rely on false narratives. Then shut the fuck up.

Your ignorance of your own religion is not my problem. And we've gone over this before, you have apparently forgotten yet again.

JiggsCasey said:
The irony of you repeating the same material time and time again, yet calling anyone else the "parrot" truly is amusing. You started out so sure of yourself and long-winded.

I only call you a parrot. Others around here appear to have functioning neurons and not be of the order psittaciformes.

JiggsCasey said:
If you link to your claims above, I'll give you the time of day. Otherwise, good game.

Your inability to remember, or find, the information already provided is not my issue. Can you PLEASE bring back someone from your religion with a functioning brain instead of a cut and paste specialist? Please?
 
Nancy Pelosi & Congress raised Federal Gasoline Taxes charged to you at the pump at the end of 2011.

NO kiss, You got that one wrong.

The federal gasoline tax has NOT been raised since 1993, nearly 20 years it has stayed the same, which is 18.4 cents a gallon.

Pelosi didn't even have control of congress in 2011?

Maybe your State has raised their State gasoline tax, but the Federal Gas tax is long over due if we honestly review our infrastructure and the money needed to replace the risky and unsafe things like many old bridges.

Though I am personally starting to believe the oil and gasoline industry and auto makers in the private sector should maintain our roads since they benefit the most monetarily from all the cars sold and gasoline used due to this infrastructure....

Each State's gas tax is much higher than the federal gas tax...on average about 33 cents a gallon/ state.

Fuel taxes in the United States - Wikipedia, the free encyclopedia

The ethanol tax cut reduced the taxes everyone paid at the pump since every gallon of gasoline contained at least 10% ethanol. Congress sunset the ethanol tax cut at the end of 2011. See the sudden gas price reversal & spike since new years in the chart below. That is a direct result of higher taxes per gallon & falling ethanol competition. Gasoline prices continue to spiral as ethanol production has dropped every since this tax hike on new years day.

ch.gaschart


Jan. 25 (Bloomberg) -- Ethanol production in the U.S. fell 0.7 percent to 934,000 barrels a day, the lowest level since Nov. 25, according to an Energy Department report.

The third consecutive weekly drop matches the longest such streak since the period ended Sept. 23. Stockpiles climbed 1.4 percent to 19.8 million barrels, the highest level since the week ended May 27, the department said in a report released today in Washington. Inventories have swelled six straight weeks, the longest streak since Jan. 21, 2011.

Gasoline will rise the entire 45 cents before ethanol becomes competitive enough to compete against gasoline again at the pump. It is good to see Americans willing to shell all that extra hard earned cash at the pump again. :razz:
 
Compete?

I thought blend volumes were mandated.

Mandated, as in guaranteed market.

That is only for 10% of the gasoline supply. We produce enough ethanol to supply 13% to 15% of the gasoline in this country. That means E85 sales were 5% of pump sales & that competition was holding gasoline prices down. Now the ethanol storage has been building & production falling since 1/1/2012. Gasoline demand has increased by 5% since that time.

Ethanol is still replacing 10% of gasoline so it still holds down prices but ending the ethanol tax break will most certainly increase the price by 45 cents at the pump before it is done rising & E85 takes back off. Here is an article that says ethanol is holding down gas prices by 50%. I don't believe it is that much but I do know it is holding it down by at least 25%. Here is how I can prove it.

In the winter the demand for heating-oil/diesel-fuel is high & gasoline is low. That makes gasoline a bi-product from the barrels of crude oil they refine into heating oil. So the gas price dropped below & heating-oil/diesel-fuel would rise above gasoline every winter.

The exact opposite happened every summer.

In the summer the demand for gasoline is high & heating-oil/diesel-fuel is low. That makes heating-oil/diesel-fuel a bi-product from the barrels of crude oil they refine into gasoline. So the heating-oil/diesel-fuel price dropped below & gasoline would rise above heating-oil/diesel-fuel every winter.

Before the big rise in Ethanol production this translated into gasoline being at least 25% higher than diesel-fuel at the pump in the summer & diesel-fuel costing at least 25% more than gasoline in the winter.

Now in the past 3 years gasoline prices never even get as high as diesel-fuel even in the summer. At current prices that means Ethanol is holding Gasoline prices at the pump down by at least a $1 a gallon.
 
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Gas is cheap. When Iran closes the Strait of Hormuz and the middle east is in a region wide war it will be expensive.
 
NO kiss, You got that one wrong.

The federal gasoline tax has NOT been raised since 1993, nearly 20 years it has stayed the same, which is 18.4 cents a gallon.

Pelosi didn't even have control of congress in 2011?

Maybe your State has raised their State gasoline tax, but the Federal Gas tax is long over due if we honestly review our infrastructure and the money needed to replace the risky and unsafe things like many old bridges.

Though I am personally starting to believe the oil and gasoline industry and auto makers in the private sector should maintain our roads since they benefit the most monetarily from all the cars sold and gasoline used due to this infrastructure....

Each State's gas tax is much higher than the federal gas tax...on average about 33 cents a gallon/ state.

Fuel taxes in the United States - Wikipedia, the free encyclopedia

The ethanol tax cut reduced the taxes everyone paid at the pump since every gallon of gasoline contained at least 10% ethanol. Congress sunset the ethanol tax cut at the end of 2011. See the sudden gas price reversal & spike since new years in the chart below. That is a direct result of higher taxes per gallon & falling ethanol competition. Gasoline prices continue to spiral as ethanol production has dropped every since this tax hike on new years day.

ch.gaschart


Jan. 25 (Bloomberg) -- Ethanol production in the U.S. fell 0.7 percent to 934,000 barrels a day, the lowest level since Nov. 25, according to an Energy Department report.

The third consecutive weekly drop matches the longest such streak since the period ended Sept. 23. Stockpiles climbed 1.4 percent to 19.8 million barrels, the highest level since the week ended May 27, the department said in a report released today in Washington. Inventories have swelled six straight weeks, the longest streak since Jan. 21, 2011.

Gasoline will rise the entire 45 cents before ethanol becomes competitive enough to compete against gasoline again at the pump. It is good to see Americans willing to shell all that extra hard earned cash at the pump again. :razz:
E85 around here has risen to within 20 cents of regular. Yep. that's right. half the power for almost the same price! You better hope you're really saving the planet to justify THAT stupidity.
 
E85 around here has risen to within 20 cents of regular. Yep. that's right. half the power for almost the same price! You better hope you're really saving the planet to justify THAT stupidity.

I have been running E85 for 10 years but now have switched to burning regular gas since the first of the year. There is no mileage increase on regular gas. I did a 250 mile test last week & was within 0.5-mpg.
 
E85 around here has risen to within 20 cents of regular. Yep. that's right. half the power for almost the same price! You better hope you're really saving the planet to justify THAT stupidity.

I have been running E85 for 10 years but now have switched to burning regular gas since the first of the year. There is no mileage increase on regular gas. I did a 250 mile test last week & was within 0.5-mpg.
strange.... on my 300 mile trips I notice significantly less mpg with only 10% ethanol. about 60 miles less over the same route.
 
Why are we exporting 20% of ethanol production?

Isn't that counter-intuitive to the original purpose of the scheme?

Why isn't agriculture vilified for exporting ethanol, but the petroleum industry is downright castigated if they export refined product.
 
The dollar is getting kick to the curb.

The dollar is not being recognized in china, russia, iran, brazil and soon to be more. We print money and thus produces a weaker dollar.

In economics, if you print more money to chase fewer goods...it only weakens the dollar.

When the dollar weakens, the average American will be paying more for every life necessity..food clothes and entertainment. That means higher interest rates.
 
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Why Is Gas So High?

Because Obama personally demanded that the Texas refineries follow the law and clean up thier refineries that they had twenty years and trillions of profit dollars to accomplish. And to make things worse Obama recently visited Washington state and by remarkable co-incidence a fire started at the Bellingham refinery when he was here.

It is and always has been Obama's fault. There is no denying it.
 
Why Is Gas So High?

Because Obama personally demanded that the Texas refineries follow the law and clean up thier refineries that they had twenty years and trillions of profit dollars to accomplish. And to make things worse Obama recently visited Washington state and by remarkable co-incidence a fire started at the Bellingham refinery when he was here.

It is and always has been Obama's fault. There is no denying it.
Vetoing the Keystone XL pipeline couldn't have had any effect, could it?

Noooooooooo....
 
Again, Fritzy, how can it have an effect when we are exporting gasoline? You are like a stuck record, repeating the same thing, no matter how irrelevant.
 
Gas prices are high because it was one of obama's campaign promises. Energy prices would skyrocket and gas should to up to $8.00 to $10.00 a gallon.
 
because your dumb as country is controled compeled to do what ever isreal tells it to do, and insists on putting santions on iran when most sensible people will tell you they control the straits of humoze (sorry about the spelling) and would kick you butts if you tried to stop them.
 
because your dumb as country is controled compeled to do what ever isreal tells it to do, and insists on putting santions on iran when most sensible people will tell you they control the straits of humoze (sorry about the spelling) and would kick you butts if you tried to stop them.
How stands that 4th most powerful military in the world: Iraq? Circa 1991 of course.
 
Deisel, self-serve, fix a flat.
Jumper cables, 5% cash back.

[ame=http://www.youtube.com/watch?v=t34KBrek2_U]5% Cashback at Gas Stations - Discover Card Commercial - YouTube[/ame]
 

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