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Old 05-15-2008, 10:40 PM   #91
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Re: F... gas prices

i don't think im that old, and can remember gas for about .60, or so
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Old 05-16-2008, 12:26 PM   #92
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Re: F... gas prices

Well, the Senate voted AGAIN to keep us dependant on foreign oil.

President Bush is leaving Israel to go speak to the Saudis about oil prices, not that they'll listen or feel sorry for us.




Newsmax.com - Senate Blocks ANWR Oil Exploration



Senate Blocks ANWR Oil Exploration

Wednesday, May 14, 2008 3:17 PM

By: E. Ralph Hostetter Article Font Size






The U.S. Senate voted on Tuesday, May 13, to block oil exploration in the Arctic National Wildlife Refuge (ANWR) and the offshore areas of the Pacific and Atlantic coasts.

It is indeed remarkable how quickly the U.S. Senate can organize a negative vote when the issue is of such magnitude and importance to the economy and welfare of the nation.

To reverse the damage this vote has done to America’s energy independence will take months of endless hearings, making certain that every dissident is heard.

The National Center for Policy Analysis also on Tuesday, identified the U.S. Congress as the responsible party for the high price of gasoline and summed it up in this manner: “Over the last 28 years, Democrats in Congress and a few Republicans have again and again opposed our drilling for oil in Alaska’s ANWR; during the past 31 years Congress has repeatedly prevented us from building any new oil refineries; most recently congressional Democrats defeated and discouraged any bill that would let us drill in the deep sea, 100 miles out.”

Equally damaging to energy independence is the envirocrat crowd who manage to capture the moral high ground of environmental issues and use it to advance their own political agenda.


The dominant media has a stable of such envirocrats ready at the call to make statements that for some reason or other seem to be accepted at face value by the Democrat majority and a few Republicans in Congress.

The Daily News-Miner of Fairbanks, Alaska, was quick to find such a person, and in an interview, reporter R.A. Dillon quoted Arctic Coordinator for the Northern Alaska Environmental Center Pam Miller as saying the vote against drilling in ANWR was a resounding show of support for protecting the refuge for future generations.


That’s it. That’s all it takes to intimidate the majority in Congress for the foreseeable future.


No recognition is given to how little of the ANWR reserve is brought into play for the entire development of the oil drilling site that would yield 1 million barrels of oil a day from its billions of barrels in reserve.

The footprint, so to speak, that is necessary for full development of a drilling operation to deliver the 1 million barrels is a mere 2,000 acres.

This tiny footprint represents one one-hundred thousandths (0.0001) of the total area of ANWR's 19 million acres. This is equivalent to one large farm in a state about the size of South Carolina.

Procedures used in modern day development of oil fields are environmentally safe and have been accepted as such.

Apparently all the presidential candidates have expressed their opposition to development of ANWR.

Sen. John McCain, R-Ariz., announced on May 13 that he had missed the vote in the U.S. Senate, but had he been there, he would have voted against further exploration in ANWR.

It would appear as though the majority of present day politicians have no concept of the energy source of 90 percent of America's transport vehicles.

In recent years they seem content to joust with windmills and chase ethanol rainbows.

Their ethanol dream has contributed to the destabilization of grain markets around the world. Some nations that were exporters of grain, especially rice, have now stopped the practice.

Food riots, in some instances causing death, are shown daily in TV news broadcasts.

Subsidies supporting the continued expansion of ethanol production remain in play.

The mandate of Congress to produce more billions of gallons of ethanol by the year 2020 is still on the books.

Crude oil topped $127 per barrel this week.

In January 2001, President George W. Bush was sworn into the office. The price of oil at that time was about $30 per barrel.

Today, petroleum is more than four times that figure. Gasoline prices are over $4 per gallon in many parts of the country.

Those who talked about $4 gasoline some months ago are now elevating their sights to $5 per gallon and above.

Americans usually react only when they are being hurt to a point where they alone are feeling the pain.

The average citizen may be approaching that point today. Only then will that citizen demand in no uncertain terms that the U.S. Congress do its job to establish energy independence using our own abundant resources.

The struggle for energy independence led by the Congressional minority meets road block after road block from the Democrat leadership in Congress.

House Majority Leader Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., will offer their own energy package later this week.

Their energy packet makes no reference to the production of more oil and gas; instead, it is designed to punish the very companies that do provide our energy. The reason they give is simply this: these companies are making large profits.

Their energy plan will provide for the introduction of a windfall profits tax designed to confiscate the oil company profits. This new tax will no doubt be used by these far left zealots for their own political gain, no doubt for social programs to buy votes in the upcoming elections.

The oil companies must preserve these profits which are desperately needed at the present to build new refineries and to develop new oil fields when the next and hopefully more energy-wise Congress is elected
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Old 05-16-2008, 12:28 PM   #93
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Re: F... gas prices

Also, here in my part of PA, gas jumped from $3.599 to $3.799 in a week!
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Old 05-16-2008, 12:38 PM   #94
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Re: F... gas prices

As much as I hate paying $50 to fill up my tank, this whole crisis is probably a good thing. The only thing that is going to force us to kick our oil addiction is rising oil prices.
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Old 05-16-2008, 12:43 PM   #95
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Re: F... gas prices

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Also, here in my part of PA, gas jumped from $3.599 to $3.799 in a week!
Same here in DC. Its actually $3.79 right now. I'd hate to go into the Capital Hill area and see what all the rich people are paying for gas. Has to be damn near $4.00 for regular.

I love going out in the morning to a $3.63 gas price and coming home to a $3.73 price.

How the price increases in a matter of 8 hours still amazes me.

PLUS...

SGG, what type of car are you driving? I'm driving a Honda Accord and it costs ME damn near $50 to fill my tank. I'd probably slit my wrists if I knew what SUV owners were paying. I'd probably kill to be owning a hybrid right about now.
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Old 05-16-2008, 12:59 PM   #96
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Re: F... gas prices

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SGG, what type of car are you driving? I'm driving a Honda Accord and it costs ME damn near $50 to fill my tank. I'd probably slit my wrists if I knew what SUV owners were paying. I'd probably kill to be owning a hybrid right about now.
I'm driving a 99 Ford Explorer. I'm probably going to buy an Accord soon though. Guess why.
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Old 05-16-2008, 01:09 PM   #97
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Re: F... gas prices

I'm lovin my Accord right now. I can go almost 2 1/2 weeks on a tank of gas.

We've spent approximately $250 this week putting gas in my husband's bread truck. It sucks.
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Old 05-16-2008, 01:10 PM   #98
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Re: F... gas prices

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I'm lovin my Accord right now. I can go almost 2 1/2 weeks on a tank of gas.

We've spent approximately $250 this week putting gas in my husband's bread truck. It sucks.
$250 a week! That's crazy. Presumably he's forced to pass those costs onto consumers?
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Old 05-16-2008, 01:12 PM   #99
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Re: F... gas prices

I think the government shoult make it illegal to trade oil on margin. I think you would see the price drop right away if some of these guys were risking their own hard cash. I think the margin is currently like 5% which is ridiculous.

Futures contract - Wikipedia, the free encyclopedia

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Old 05-16-2008, 01:18 PM   #100
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Re: F... gas prices

I just bought a motorcycle to go back and forth to work,I drive 80 miles round trip,plus my wife works,our gas budget has increased from 350 a month not that long ago to almost 800 a month now,thats a big strain on the budget,not to mention everything else is higher,just hope i survive the idiot drivers out there while I'm cruising on my bike
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Old 05-16-2008, 01:21 PM   #101
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Re: F... gas prices

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$250 a week! That's crazy. Presumably he's forced to pass those costs onto consumers?
Nope. We have to eat it basically, but it is a tax write off.

The way it works is he is an independant distributor who buys the bread from the baking company. An any increase in the cost of bread would come from the shipping costs associated with manufacturing the bread and transporting it from the bakeries to the warehouses.
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Old 05-16-2008, 01:32 PM   #102
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Re: F... gas prices

Folks, get used to the rising gas prices. It is a non-renewable resource, and a relatively rare one at that. We were lucky for a bit when we were one of the few countries guzzling gas down -- but that's changing. With both China and India working towards making themselves more developed, they're using gasoline at an alarming rate. It's all supply and demand -- the problem isn't the Gasoline -- the problem is that we haven't invested in R&D for technologies outside gasoline.

I don't consider myself an environmentalist. I think that you should take simple steps to not ruin the earth and cut down on pollution, but gasoline will only go up (for the most part) from here.

PS -- Like Lady Brave's husband, I work for bread guys fairly regularly. Most of the work I do is for Pepperidge Farm bread. The guys make solid money (20% of each loaf sold / bag of stuffing -- most of them it equals out to a bit more than 100K / yr), but there are a bunch of expenses in that (Truck, Gas, Handheld, etc). Their gas bills are absolutely insane right now. They're still begging me to give them vacations, but a lot of them just want to sit at home without waking up at 2am for a week.
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Old 05-16-2008, 02:02 PM   #103
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Re: F... gas prices

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SGG, what type of car are you driving? I'm driving a Honda Accord and it costs ME damn near $50 to fill my tank. I'd probably slit my wrists if I knew what SUV owners were paying. I'd probably kill to be owning a hybrid right about now.
2003 Mercury Mountaineer - 22 gallon tank, I'm putting in over $70 every time I fill up, which is anywhere from 5 to 10 days per tank, depending on how much driving we're doing. My wife commutes 60+ miles round trip 4 days a week (Telecommutes Fridays), and I'm going to softball 2 nights a week (48 miles round + 67 miles round) in our Civic. So a 12 gallon tank last us roughly a week (the car sits on weekends), so $40/week to keep it full. A good month looks like $370/month for gasoline. Bad month looks like $580/month.

Not looking forward to any summer trips, since we have a baby, the Civic isn't big enough for the 3 of us plus the crap we're hauling...so any time we go more than 300 miles in a weekend, it's another $70+. Twice a month, and we're looking at an extra $150 on top of what we're already paying...

It's funny to think about it now (considering less than 10 years ago, gas was less than $1/gallon), but I think a good median threshold is $2/gallon. Closer to $2.50 in the summer time, while under $2 in the winter time. Especially since salaries are not increasing as fast as the economy is inflating...
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Old 05-16-2008, 02:11 PM   #104
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Re: F... gas prices

Do hybrids really save that much? I am assuming it takes years for them to payoff. Also isn't maintaining them very expensive?
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Old 05-16-2008, 02:25 PM   #105
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Re: F... gas prices

Daseal hit it on the head, the economic growth in China and India is the biggest reason gas prices are going up so much. Many, many more people own cars throughout the world, and many more businesses use fuel throughout the world, than did 10 years ago. That's not going to change, and in fact it's only going to get worse.

You can't fault big oil. Exxon's supply of oil has remained relatively stable, but worldwide demand is driving up price.

Taxing Exxon and others for a "windfall" is quite possibly the dumbest economic idea I've ever heard. Right now, Exxon is stacking up cash, which they're itching to invest. If you tax their windfall profit, you put a damper on their ability to invest. Their investments could really help the US citizens: their first choice would be drilling in protected areas, such as Alaska. Here's where our government needs to face the harsh reality, you can choose between protecting Alaska and forcing your citizens to continue paying escalating gas prices, or you can give relief to your citizens and allow the drilling in Alaska.

Investing in hydrogen and other fuel sources is also wise. But they won't pay off for many years. For the next 5 to 10 years, politicians have a choice to make: our economy (ie our citizens' ability to make ends meet) or the environment.
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