Gas hits $2.38/gallon: Thank you, Mr. President! - Page 5 - XDTalk Forums - Your HS2000/SA-XD Information Source!

SLCDave · 09-26-2006, 06:46 AM

Quote:

Originally Posted by cucamelsmd15

No. I may pay indirectly for oil, but not for gas. I havent bought a gallon of gas since the end of June.

The companies that ship your goods use gas. If gas prices go up, their prices go up. Hence, you have paid for gas.

SLCDave · 09-26-2006, 06:46 AM

Oh, and 85 Octane was $2.71 here last night.

TwoValveKid · 09-26-2006, 07:02 AM

Its really not much of them gouging prices. Techincally the $ of pure profit goes up when your base price goes up as long as volume steadily increases. Amount of volume consumed, in conjunction to higher prices per barrel of crude has pushed the price up. They just didnt give when they could have to help out.

Been listening to boortz too much

Brickboy240 · 09-26-2006, 08:44 AM

Another thing to throw in the mix is that fact that yes, the big oil companies ARE making huge profits with the 3 dollar plus a gallon price hike, but they will need every penny to build new refineries or offshore platforms.

Why? Because the greens have placed so many restrictions and expensive measures they will need to go through to actually get a new refinery or platform up and running. This is a possible explaination of the insane profits they make that everyone is complaining about.

More refineries in the USA along with platforms off the TX/LA coast means less dependence on foreign oil sources in the future.

If the profits made by big oil today ARE used to build new refineries here in the USA and further explore and tap into the huge find that Chevron found in the Gulf of Mexico and this all weens us off mideast oil dependency in the future...there could be a method to the profits madness of today.

The people I speak to in this industry on a regular basis say this is part of their plan. Shell is working on a huge refinery in the Port Arthur, TX area...I have seen this firsthand.

However, the media in its shortsightedness and incompetence on how this industry really works does not report this because it does not fit into their ideaology of hating big oil/big business and demonizing the wealthy CEOs of these companies and its just not glamourous news, period.

- Brickboy240

**Old School** · 09-26-2006, 08:45 AM

SLCDave hit the nail on the head. The cost of oil and fuel affects everything, not just the gas that goes in your tank. Higher prices add things like surcharges to airline tickets and freight charges. Beyond that it, it affects the cost of raw materials, etc.

The falling gas prices are the easy thing to point out. Has someone noted that this is a ploy by Bush and the GOP because of the upcoming elections? Perhaps I missed that conspiracy while reading.

OS

**beardman2** · 09-26-2006, 08:47 AM

Quote:

Originally Posted by one-eyed-fatman

Tommy's rubbed off on you. I don't hate the president. I just think he sucks.

ok you think he sucks. Honestly thats fine by me. But I'd rather just come out and say it than dance around with a different reason to try to convince everyone else he sucks also. Especially when those reasons are questionable.

coastemac · 09-26-2006, 02:00 PM

Well, prices here are down .02 in two days... whoa, big deal. Anyway, down to $2.39 here in Northern Cuba today.

one-eyed-fatman · 09-26-2006, 04:38 PM

Quote:

Originally Posted by beardman2

ok you think he sucks. Honestly thats fine by me. But I'd rather just come out and say it than dance around with a different reason to try to convince everyone else he sucks also. Especially when those reasons are questionable.

I knew I should have added in a funny face.

cucamelsmd15 · 09-26-2006, 05:24 PM

Quote:

Originally Posted by Old School

SLCDave hit the nail on the head. The cost of oil and fuel affects everything, not just the gas that goes in your tank. Higher prices add things like surcharges to airline tickets and freight charges. Beyond that it, it affects the cost of raw materials, etc.

The falling gas prices are the easy thing to point out. Has someone noted that this is a ploy by Bush and the GOP because of the upcoming elections? Perhaps I missed that conspiracy while reading.

OS

Oh, but according to some, the price of gas has no effect on consumer goods?

one-eyed-fatman · 09-26-2006, 05:33 PM

If I fart the price of bread goes up.

09-26-2006, 06:46 AM	#42
SLCDave XDTalk 1K Member Join Date: Dec 2003 Location: Salt Lake City Posts: 1,983	Oh, and 85 Octane was $2.71 here last night. __________________ We in America do not have government by the majority. We have government by the majority who participate. Thomas Jefferson Quis custodiet ipsos custodes?

09-26-2006, 07:02 AM	#43
TwoValveKid XDTalk 100 Member Join Date: Feb 2006 Location: Newport News, VA Posts: 432	Its really not much of them gouging prices. Techincally the $ of pure profit goes up when your base price goes up as long as volume steadily increases. Amount of volume consumed, in conjunction to higher prices per barrel of crude has pushed the price up. They just didnt give when they could have to help out. Been listening to boortz too much __________________ XD 45 service...you know you want one! http://www.xdtalk.com/forums/trading...e-va-area.html

09-26-2006, 08:44 AM	#44
Brickboy240 XDTalk 5K Member Join Date: Dec 2004 Location: Houston, TX, USA Posts: 8,919	Another thing to throw in the mix is that fact that yes, the big oil companies ARE making huge profits with the 3 dollar plus a gallon price hike, but they will need every penny to build new refineries or offshore platforms. Why? Because the greens have placed so many restrictions and expensive measures they will need to go through to actually get a new refinery or platform up and running. This is a possible explaination of the insane profits they make that everyone is complaining about. More refineries in the USA along with platforms off the TX/LA coast means less dependence on foreign oil sources in the future. If the profits made by big oil today ARE used to build new refineries here in the USA and further explore and tap into the huge find that Chevron found in the Gulf of Mexico and this all weens us off mideast oil dependency in the future...there could be a method to the profits madness of today. The people I speak to in this industry on a regular basis say this is part of their plan. Shell is working on a huge refinery in the Port Arthur, TX area...I have seen this firsthand. However, the media in its shortsightedness and incompetence on how this industry really works does not report this because it does not fit into their ideaology of hating big oil/big business and demonizing the wealthy CEOs of these companies and its just not glamourous news, period. - 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!

09-26-2006, 08:45 AM	#45
Old School XDTalk 5K Member Join Date: Dec 2003 Location: Illinois Posts: 7,568	SLCDave hit the nail on the head. The cost of oil and fuel affects everything, not just the gas that goes in your tank. Higher prices add things like surcharges to airline tickets and freight charges. Beyond that it, it affects the cost of raw materials, etc. The falling gas prices are the easy thing to point out. Has someone noted that this is a ploy by Bush and the GOP because of the upcoming elections? Perhaps I missed that conspiracy while reading. OS __________________ Visit www.pistolgear.com for all of your XD needs!

09-26-2006, 02:00 PM	#47
coastemac XDTalk 1K Member Join Date: Aug 2006 Location: Miami Area, Florida Posts: 1,194	Well, prices here are down .02 in two days... whoa, big deal. Anyway, down to $2.39 here in Northern Cuba today. __________________ coastemac U.S. Coast Guard Gunnersmate XD Service Dark Earth .45 ACP (new) XD Sub-Compact Bi-Tone .40 cal Savage Model 10 FP (6X-18X 42mm) Marlin Model 336RC 30-30 Marlin Model 17VS .17 HMR Taurus PT-908 9mm Ruger 22/45 .22lr (and a few others...)

09-26-2006, 05:33 PM	#50
one-eyed-fatman XDTalk 5K Member Join Date: Mar 2004 Posts: 9,953	If I fart the price of bread goes up. __________________ http://home.houston.rr.com/gunpics/images/one%20eye.wav

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