Parked Truck - Bought Car To Save Gas Money? - Page 2 - XDTalk Forums - Your HS2000/SA-XD Information Source!

Col Reb · 05-01-2008, 09:08 AM

So what you are saying is after they are taxed they really aren't making astronomical profits

.
Not trying to be difficult but everything that you hear is that it does not cost any more to refine or get it out of the ground as it did say last year. Then why does it cost $1 a gal more than it did last year. Is this just a media issue too?

yeahYeah · 05-01-2008, 09:14 AM

Quote:

Originally Posted by Col Reb

So what you are saying is after they are taxed they really aren't making astronomical profits

.
Not trying to be difficult but everything that you hear is that it does not cost any more to refine or get it out of the ground as it did say last year. Then why does it cost $1 a gal more than it did last year. Is this just a media issue too?

Oil is a globally traded commodity. The oil co's are putting out more $ to buy it. there are like 16 different blends of gas in the US to make the enviro-nuts happy. Refining is much more expensive - our newest refinery is 30+ years old. Granted, i dont like paying 3.50 for gas, but the real issue lies in the US energy policy which puts its faith in ethanol (which has failed) and continues to keep us in the palm of the middle east for our oil. Each time a lunatic in the ME opens his mouth, the price jumps...

Steve_o113 · 05-01-2008, 09:25 AM

The price is up right now because according to big oil (not sure who or what week, but he was quoted saying this on CNN) they kept prices low durring the holiday season to help us out, and now theyv got to make up that money they lost.

Could you imagin if ammo prices double next week because they had a sale this week!

Brickboy240 · 05-01-2008, 11:03 AM

Last time I checked (which was 2 years ago) there were 34 different blends from coast to coast. You are correct though in assuming that this is one of the many reasons gas is so high.

- brickboy240

ScottyT · 05-01-2008, 11:07 AM

We just bought a second car, a cheap beater (that is in surprisingly good condition). Liability only insurance is $175/year, the car was $1,200, and it should save us about $150/month in gas! (those calculations were made at $3.15/gallon, it is now around $3.40, so we should save more than that)

XDConvert9mm · 05-01-2008, 11:12 AM

Quote:

Originally Posted by Col Reb

So what you are saying is after they are taxed they really aren't making astronomical profits

.
Not trying to be difficult but everything that you hear is that it does not cost any more to refine or get it out of the ground as it did say last year. Then why does it cost $1 a gal more than it did last year. Is this just a media issue too?

Also not to hijack, buth there's a thread going about this here.

So....when is the oil market bubble going to pop?

And a story about taxes on XOM here:

Exxon's Q1 Income Taxes Set Record : $9.32 Billion - Seeking Alpha

Cupsz71 · 05-01-2008, 03:07 PM

NP

High gas prices and the reason(s) behind them gives us ALL migranes

**jnclement** · 05-01-2008, 03:50 PM

I wonder how many people on here have retirement funds doing well, due to oil stocks...........

Cupsz71 · 05-01-2008, 05:58 PM

hmmmm xdconvert9mm 1st link won't give me access??? Apparently I'm high enough up the food chain....

XDConvert9mm · 05-01-2008, 08:32 PM

Quote:

Originally Posted by Cupsz71

hmmmm xdconvert9mm 1st link won't give me access??? Apparently I'm high enough up the food chain....

I can hit it right now and I assure you I'm not high on any food chain. It's also floating around in new thread land.

05-01-2008, 09:08 AM	#11
Col Reb XDTalk 100 Member Join Date: Apr 2008 Location: Mississippi Posts: 125	So what you are saying is after they are taxed they really aren't making astronomical profits. Not trying to be difficult but everything that you hear is that it does not cost any more to refine or get it out of the ground as it did say last year. Then why does it cost $1 a gal more than it did last year. Is this just a media issue too?

05-01-2008, 09:25 AM	#13
Steve_o113 XDTalk 100 Member Join Date: Apr 2008 Posts: 355	The price is up right now because according to big oil (not sure who or what week, but he was quoted saying this on CNN) they kept prices low durring the holiday season to help us out, and now theyv got to make up that money they lost. Could you imagin if ammo prices double next week because they had a sale this week! __________________ Stock XD 45 4" Barrel, Black Slide w/ Dark Earth Lower 500 Rounds a counting

05-01-2008, 11:03 AM	#14
Brickboy240 XDTalk 5K Member Join Date: Dec 2004 Location: Houston, TX, USA Posts: 9,805	Last time I checked (which was 2 years ago) there were 34 different blends from coast to coast. You are correct though in assuming that this is one of the many reasons gas is so high. - brickboy240 __________________ The top 25% of wage earners in America pay 86% of all federal income taxes collected. (according to 2007 IRS website data) Es mejor morir a pie que vivir arrodillado Volvo...the Swedish Brick!

05-01-2008, 11:07 AM	#15
ScottyT XDTalk 500 Member Join Date: Mar 2008 Location: Salt Lake City, Utah Posts: 768	We just bought a second car, a cheap beater (that is in surprisingly good condition). Liability only insurance is $175/year, the car was $1,200, and it should save us about $150/month in gas! (those calculations were made at $3.15/gallon, it is now around $3.40, so we should save more than that) __________________ ------------------ XD 45 compact Mosin Nagant M91/30 Remington 870 Express Ruger 10/22 ------------------ "I seek not for power, but to pull it down. I seek not for honor of the world, but for the glory of my God, and the freedom and welfare of my country." - Moroni

05-01-2008, 03:07 PM	#17
Cupsz71 XDTalk 100 Member Join Date: Feb 2008 Location: Central ND. Posts: 167	NP High gas prices and the reason(s) behind them gives us ALL migranes __________________ BASIC MARKSMANSHIP - "If you can't dazzle them with Brilliance.......riddle them with bullets!!" XD9sc w/CT Laser Grips Beretta 92FS Bersa T380 - wifey's Ruger Single Six .22/.22Mag Ruger 10/22 - Marlin Mod#40 (gopher balsters)

05-01-2008, 03:50 PM	#18
jnclement XDTalk 2K Member Join Date: Feb 2005 Location: West Texas Posts: 2,599	I wonder how many people on here have retirement funds doing well, due to oil stocks........... __________________ Contrary to what sells magazines, not all of us are, or want to be SpecOps, SEAL, Recon, Delta, CQB, Ninja, firearm-knife-tactical-death-touch instructors.

05-01-2008, 05:58 PM	#19
Cupsz71 XDTalk 100 Member Join Date: Feb 2008 Location: Central ND. Posts: 167	hmmmm xdconvert9mm 1st link won't give me access??? Apparently I'm high enough up the food chain.... __________________ BASIC MARKSMANSHIP - "If you can't dazzle them with Brilliance.......riddle them with bullets!!" XD9sc w/CT Laser Grips Beretta 92FS Bersa T380 - wifey's Ruger Single Six .22/.22Mag Ruger 10/22 - Marlin Mod#40 (gopher balsters)

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