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08-07-2007, 06:09 PM #1
For all those bent over by high gas prices
NEW YORK (CNNMoney.com) -- In Saudi Arabia gasoline costs about 45 cents a gallon. In Iran it's 33 cents. Venezuelans pay less than a quarter.
This is what people in these countries are presently paying at the pump (retail, not wholesale) for gas So fuk all the propaganda they feed us, here are the numbers
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and i was happy it dropped to 2.56 here... ....
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08-07-2007, 06:11 PM #3
Thats because here in the US every other person has a damn boat, some people have more vehicles or gas using machines then they have people in the family. Have you ever looked at the mileage on a boat?? The meter tells you how many gallons of fuel you use PER HOUR. At full throttle going 25mphs my friends boat uses 21 gallons of fuel per hour. So until we stop being such gas guzzlers we have no right to bit*h in my opinion.
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08-07-2007, 06:17 PM #4Originally Posted by Renesis
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08-07-2007, 06:24 PM #5
More demand = you make a "shortage on supply" = you charge more money. Businesses are meant to make money it isn't a damn charity.
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twin rotary motor is right...
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08-07-2007, 07:16 PM #7
also a lot of our price is taxes also.
BS on the shortage because we use so much. Shortage. When have you ever gone to a gas station and they were out? There are gas stations on every corner all pumping away. BS to the shortage.
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08-07-2007, 07:16 PM #8
you guys have to understand haow Gas and oil works...it is not all about supply and demand ya know...in those countries it comes outta the ground and is almost ready to be used in cars....that means no cost for refining....also the refineries are a lot closer, you guys in the us and everywhere else get a lot of your gas from US, Canada and and Over Seas, so the transport costs are huge.....also we have a lot of extra tax, that screws you more than anything...in Canada we are one of the leading producers of oil and gas but the companies are american so we have it, ship it to the US and then have to buy it back at higher prices, there are also foreign companies that do the same to the US and everyone....i have worked in the oilfield for 11 years so it aint all supply and demand, cause between canada and the US we would have more than enough for just us two, but it aint that simple....
Any questions....
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Originally Posted by WEBB
good post....
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08-07-2007, 07:22 PM #10
Get an old diesel and convert it to run on old french fries oil!
check out http://www.instructables.com/id/EZ44RHHF4WY1LMC/
Red
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bio deisel.... my company sell palm oil used to make it ...
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08-07-2007, 07:27 PM #12Originally Posted by pewntang
Oh and we totally forgot to mention politics in there before....Bush and his daddy have there hands in a few companies and that doesnt help, also there are alot of shit we never hear about or see that causes prices to rise...also these oil companies are major political supporters and if they arent makin millions either will the politicians...so it is a big screw job from every angle, just have to hope for the best....
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politics
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08-07-2007, 07:38 PM #14
politics r almost inherently evil IMO, this is just one example of the flogging we r getting right now! lets talk about the IRS.........
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08-07-2007, 07:44 PM #15
to be fair, the IRS doesnt have much to do with high gas prices, sure the screw you in every other way...but you can also claim alot of your gas mileage or cost on your income tax, you dont need to own your own business, just a good cpa and reciepts, and reasons that you should get the tax and shit back...trust me i get a lot back for it and i drive a company truck with company gas, lol.....
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yea irs gives you alot of kick backs for company gas...
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08-07-2007, 07:48 PM #17
not just for company, get a good cpa and you can get personal abck too...
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08-07-2007, 08:06 PM #18
i wasnt saying the 2 where intertwined just saying that was another example of how we get flogged out of our hard earned money. im self employed and even with a good accountant its still a pretty high rate, 30%+, they kill the self employed in the USA, it sucks!!
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08-07-2007, 08:08 PM #19Originally Posted by gixxerboy1
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08-07-2007, 08:18 PM #20Originally Posted by Renesis
Dont worry you cant bunch a g-string
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08-07-2007, 08:33 PM #21
(with borat voice) Vaaariy Nice
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08-07-2007, 08:39 PM #22Originally Posted by WEBB
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08-07-2007, 08:42 PM #23
ya sorry bought that....
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08-07-2007, 08:45 PM #24
10-15 years and the shit really hits the fan. Peak oil production. The point where the amount of oil comming out of the ground every year instead of increasing begins to decline. Meanwhile demand is still going up.
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08-07-2007, 09:02 PM #25
what gives you the idea it will be on the decline....every report i have in my office shows a rise and such vast heavy oil reserves up in northern alberta.....it wont be on the decline till i am long gone, and i guarantee it....
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08-07-2007, 09:13 PM #26
so webb, what can be done to make the price less for all? cheaper refinery costs? a new president with less bussiness intrests in oil? what do you think would help?
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08-07-2007, 09:43 PM #27Originally Posted by Doc.Sust
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08-07-2007, 09:50 PM #28Originally Posted by WEBB
the world's 120 largest oilfields produce close to 33 million barrels a day, almost 50% of the world's crude oil supply. The fourteen largest account for over 20%. The average age of these 14 largest fields is 43.5 years. Most of the world's true giants were found decades ago.
You may be seeing a local boom in Canada, but as large oil wells come online in Canada, larger oil wells elsewhere in the world are reaching the end of their useful life.
China and India and the rest of the emerging third world are becoming energy hungry.
Even the U.S. department of Energy puts peak oil at 2037 and that is the most conservative estimate I have read. The popular time-frame is between 2015 and 2025. I hope to not be dead at that point.
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08-07-2007, 09:59 PM #29
you are tlking about oil wells, oil weels have been on the decline for years, but oil reserves as a whole are on the irse, more and more are being found here....Syncrude is estimating an output of 15million bbls a day by 2011....another company estimates it reserves at 600 billion bbls, and that is just a first estimate....they are just one of 15-20 heavy oil producers in northern albverta, yes process plants need to be built to accomidate that but they are being built daily by guys like me....as for china and India, as they need more they are going to have to become more reliant on alternative fuels...my biggest fear is that if they need more and we say no, then we will have all this oil and gas and we will use it to trade but that can be a bad idea, wars are fought over stupid shit like that....i agree it will and is declining slowly but to thing in 10-20 years will be outta oil is not possible....
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08-07-2007, 10:26 PM #30
not outta oil in 10-15 years, the rate oil comes out of the ground worldwide goes up every year. In 10-15 years the rate of oil comming out of the ground will not increase and that will be a problem as it is predicted demand will continue to increase.
The easy oil is gone, not all the oil.
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08-07-2007, 10:50 PM #31
Ok, I understand the supply and demand issues here, but what I can't understand are two things:
1. Gas prices can go up 25 to 50 cents in a single day. God, if that happened in healthcare, real-estate, or retail, people would riot!
2. Since the oil companies are posting record BILLION dollar quarterly profits, why do I go to gas stations that have OLD and Busted gas pumps? It seems to me that they could at least keep the pumps up to date, esp for those who are in wheel chairs or dwarfs. (I'm serious, not joking)
Indymuscleguy
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08-07-2007, 11:09 PM #32
Tell the indian guy running the gas station to update the pumps, he is the guy who owns them not big oil.
Even with the record profits exxon mobil is only taking about 8 cents per gallon. The gov cut is a heck of a lot bigger than that and people are angry with the oil companies.
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08-07-2007, 11:24 PM #33Member
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what i dont understand is why there was a pretty much steady rise in gas prices for decades ( with a few exceptions). but now in the past few years they have been spiking and falling by margins much larger than in the past ? statistically it doesn't seem to fall in line with the previous.. 100 years.. about ????
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08-08-2007, 06:49 AM #34Originally Posted by Kratos
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08-08-2007, 06:51 AM #35Originally Posted by Kratos
Exactly...the companies dont own the pumps, the guy behind the counter does and he makes 99% of his cash off that bag of chips and pop you buy, not the gas you put in your car...the gast stations are a shitty way to make money, but the store attached can make you millions....
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08-08-2007, 06:54 AM #36Originally Posted by Pro_built7
Basically there are more factors now....the govermaent has more fingers in thee pot now and has more to gain than before so they make the prices increase when they feel like it, taxes, weather shutting in refineries is a huge one that causes a huge increase, shit like that will cause major increases....
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08-08-2007, 08:34 AM #37
For those that wanna bitch about gas prices here..move to Europe and see how much they pay!! If you want cheap gas then move to Saudi or Iran or Venezuela. Things work a lot different in those countries. I work in the oil & gas biz and most of you have no idea how much time and money it costs to get 1 barrel of oil or 1 MCF of gas outta the ground. I think the prices are more than reasonable all things considered.
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08-08-2007, 09:45 AM #38
I like my boat, Renasis.
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08-08-2007, 09:56 AM #39
Ok, for us simple minded people. Why is it that in the late 90's gas was just under $1 per gallon and now it is $3-$4 a gallon depending on when they jack it up? I could see if the oil companies were making the same profits as then but they are posting record quarterly profits (4 times a year) of billions, wtf? Profits=after bills are paid Bush has to share alot of this blame since the us pretty much has a say in everything in the world.
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08-08-2007, 10:00 AM #40
In the late 90's, the price of a barrel of oil was around $10, thus cheaper gas. Now the price is over $50/bbl, thus the gas price has to go up. Oil companies do not control the price of oil. It is a commodity and its price is affected by numerous factors: supply, demand, weather, political instability, etc..
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