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Author Topic: Record high Gasoline Prices AGAIN  (Read 2550 times)
doug494
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« Reply #20 on: June 09, 2013, 10:34:33 AM »

Gas prices are high because they can be high.  Through the mountains of regulations and restrictions, we now have government sponsored monopolies.  This is not free market economics at work.  This is quasi-nationalized industry, insulated from normal market corrections.

Honestly, what industry in their right mind would build a pipeline across the nation if the could build a refinery closer to the source?

Obviously one that cannot feasibly build a refinery and can force the approval for the pipe.  All due to governmental policies.
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Fox Creek
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« Reply #21 on: June 09, 2013, 12:07:05 PM »

Gas prices are high because they can be high.  Through the mountains of regulations and restrictions, we now have government sponsored monopolies.  This is not free market economics at work.  This is quasi-nationalized industry, insulated from normal market corrections.

Honestly, what industry in their right mind would build a pipeline across the nation if the could build a refinery closer to the source?

Obviously one that cannot feasibly build a refinery and can force the approval for the pipe.  All due to governmental policies.

    Well said !

    Bluebee. When you pull up to the pump and see high prices,  Bluebee thinks, " darn oil companies are gouging! I'm angry! evil oil! friggin conservatives!"

    When I pull up to the pumps, I think, " darn regulations, restrictions and bloody taxes! Friggin liberal government!"   
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buzzbee
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« Reply #22 on: June 09, 2013, 01:53:21 PM »

I wonder why no outrage paying a dollar for 12 oz of generic water and much more for"branded" water?     Smiley
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sterling
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« Reply #23 on: June 09, 2013, 06:27:48 PM »

Elections have consequences. High gas prices is just one small one.
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Better.to.Bee.than.not
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« Reply #24 on: June 09, 2013, 11:07:31 PM »

I wonder why no outrage paying a dollar for 12 oz of generic water and much more for"branded" water?     Smiley

No one 'needs' to buy bottles of water (so far) to be effective in the world. it is a choice if they do or do not....it is freedom to allow them to if they wish and people to supply it if they do wish. totally different imo...though I see what you are attempting to say, and do not disagree.
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Better.to.Bee.than.not
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« Reply #25 on: June 09, 2013, 11:09:52 PM »

Elections have consequences. High gas prices is just one small one.

and by small you surely mean compared to all the other colossal things done and being done in comparison......but still not really small at all.
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kingbee
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« Reply #26 on: June 10, 2013, 08:17:37 AM »

... 
If you genuinely want to learn a little something about how markets... are manipulated then you might want to read this piece.   

http://www.cnn.com/2012/02/28/opinion/sanders-gas-speculation


omg Blue, you left out the fact that Senator Sanders is a SELF described Marxist.  We had this lesson earlier and we all agreed that Marxist believe that any lie or crime is good as long as it furthers the overall goal of advancing Marxist Socialism.

Here is your President promising to raise energy prices before the fact. 

Obama: My Plan Makes Electricity Rates Skyrocket


Above is your President's Energy Secretary after the fact saying that gas prices are to LOW.  Who are you waiting on Blue?  Goldilocks so she can set gas prices just right?
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kingbee
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« Reply #27 on: June 10, 2013, 11:43:51 AM »

....
the paychecks the drillers get make the UAW look like a bunch of paupers!

Quote
No... the paychecks oil field workers deposit ...and the amount of time [in which] rough necks preform ...this work, ...make the UAW look like a bunch of paralytic narcoleptics by comparison.

Quote
...as a percentage basis, oil profits are fairly low....liberals seem to just want to look at the profit number itself...

The last quotation is an accurate assessment.  However the reasons for its accurate went unsaid.  This is the reason.  Liberals for the most part are opposed to any profit, of any type, from any work or endeavor, at anytime, going to anyone, with the possible exception of the soft porn flicks made in Hollywood.  In this case liberals want the Federal and State Governments to step in, fund, buy, distribute, and produce these soft porn films so that the local boards of education can be more easily forced to screen these soft porn movies to little school kids, CUT & PRINT!
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sterling
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« Reply #28 on: June 10, 2013, 06:40:19 PM »

Elections have consequences. High gas prices is just one small one.

and by small you surely mean compared to all the other colossal things done and being done in comparison......but still not really small at all.
By small I mean only a little part of a big picture of troubled economic times. I have heavy equipment that has to have fuel to work and the price of off road fuel is $3.699 on good days some days more. Each piece can burn around 60 gallons a day. That cuts into the profits big.
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Geoff
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« Reply #29 on: June 10, 2013, 08:13:56 PM »

  Well folks you are lucky, Downunder with currency  conversions we are paying the equivalent of $5.80 US a gallon.
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iddee
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« Reply #30 on: June 10, 2013, 08:48:36 PM »

Geoff, how about taking the O'bummer down there. He would be happy with those prices and we could go back to the old prices here.
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kingbee
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« Reply #31 on: June 11, 2013, 12:45:12 PM »


I wonder why no outrage paying a dollar for 12 oz of generic water and much

more for "branded" water?     


The answer is simple my dear buzzbee.  The Hippy Dippy liberals have convinced our fellow countrymen (especially those with low IQs) that the all powerful, price gouging, multinational, big oil, big chemical, big agricultural, big pharmacy, big energy, not to mention the big defense corporations have poisoned every last  drop of drinking water on Earth  Wink and if we are so foolish as to take even one tiny tinny little sip of this grossly contaminated tap water then all of our babies will be born naked as a Jay Bird.  Buzzy, if Blue Bee has any children I'll bet you a Dollar against a donut that Blue will back me up on this.  Well what about it Blue?  Were you children all born naked?    grin  or were they born wearing an Egal or a Hijab? 

My favorite brand of bottled water was the EVIAN brand.  Before they took it off the shelves I use to get many hours of pleasure by standing in the beverage isle at the Wall-Mart or the Pubic hairs store and pointing out to everyone who came by that the word EVIAN on the label was NAIVE spelled backwards.   lau evil
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kingbee
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« Reply #32 on: June 11, 2013, 04:47:49 PM »

There’s always some excuse for high gas prices ...It usually seems more like
...manipulation than a real supply vs demand problem....

Michigan doesn’t have/need a special summer blend beyond the normal national

summer gas formulation...    



Hold on a minute there Blue.  Michigan has 12 separate fuel formulation zones and each zone may have 12 or more different fuel formulas for each grade of gasoline.  Gasoline formulations are no longer based on the old easy winter easy summer cold or hot start thing left over from the Model T or Muscle Car days.  Now a day your air quality plus the pollution from Illinois Wisconsin Canada etc has more to do with which fuel Obama will allow you to buy and burn than the season of the year.  From May through August there are at least 3 separate formulas in some zones of Michigan, only 1 in others, and I still don't have a full years data since I strongly suspect that the EPA only provides this information to the refinery at the last possible minute in order to cause the gasoline buying public as much heart ache and head aches as humanely possible. 

BTW Blue, just how many oil refineries do you folks up there in Michigan currently have?  Never mind, you only have one small one in Detroit compared to 29 in Texas, and like everything else in Texas most of the Lone Star oil refineries makes the little Marathon refinery in Detroit look like Snuffy Smith's Moonshine still.
http://www.epa.gov/otaq/fuels/gasolinefuels/volatility/standards.htm

Don't sweat the small stuff buddy, just bend them over then gouge and squeeze more rent money out of your tenants.  Isn't that how you say that the oil companies do it?  tongue Sad
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RC
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« Reply #33 on: June 11, 2013, 09:27:36 PM »

kingbee, you tickle the crap outta me!
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BlueBee
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« Reply #34 on: June 11, 2013, 11:03:17 PM »

As I said, I haven't kept up with the fuel formulations.  However if I read your little chart it looks like the entire state of Michigan would be covered ALL summer with 7.0 vapor pressure fuel.  It's pretty silly to believe they would mix up 12 or more formulations when 1 would do. 

BTW…. How many refineries do y'all have in Tennessee. lau
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BlueBee
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« Reply #35 on: June 11, 2013, 11:04:29 PM »

Gasoline was $4.24 yesterday.  If iddee is buying it for $3.23 in dixie, I believe that comes out to a difference of $1.01 cents.  Maybe you and iddee could fill up a tanker, drive it up here, and vacation on all the profit you would make?  Just be careful driving on I696, it’s like the autobahn here... and... it is named after one of your heros:  Walter Reuther.  lau
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kathyp
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« Reply #36 on: June 11, 2013, 11:09:22 PM »

Quote
It's pretty silly to believe they would mix up 12 or more formulations when 1 would do.


they are not making just for themselves.  there are not enough refineries for each state to have them dedicated to their own needs.

 http://www.eia.gov/dnav/pet/pet_pnp_cap1_dcu_nus_a.htm

this chart gives you the number of refineries and the stuff they are making. 
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

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kingbee
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« Reply #37 on: June 12, 2013, 10:15:05 PM »

....

"...I thought most of the country uses a common summer mix"


In that case my friend your thought-er is on the Fritz.

The state of Michigan has 12 separate fuel mixture zones and each zone has a separate fuel formula set according to past air quality, fuel usage, weather patterns, as well as those of your neighbors.  Further more each fuel zone is subdivided into at least 12 one month segments.  For the months of May June July and August Detroit alone has 3 separate formulations.  I am unsure of the number of fuel formulas but it would not surprise me if there were dozens of different formulas.  Late Vegas odds maker Jimmy the Greek could not keep up with all the possible fuel combinations for just Michigan if he had an army of CPAs from the EPA all equipped with abacuses.

Like most left wing ideas, the outdated idea that there is a single gasoline formula for winter and a different gasoline formula for summer is as outdated as the horseless carriage. 
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