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Gas here jumped up 11 cents overnight. What the hell?

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Blue_Roses Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 10:57 PM
Original message
Gas here jumped up 11 cents overnight. What the hell?
Edited on Sun Aug-14-05 11:00 PM by Blue_Roses
Got gas last night and today I drove by the same station and it had jumped 11 cents! :wtf: I felt like I had drifted into the twilight zone. Why is gas so erratically high and doesn't anybody give a shit? This is ridiculous. Exxon, BP, and all the other oil companies are reporting record sales and a jump in their profits. Why can't we get an explanation from ANYBODY in this administration as to what the hell is going on--not that it would be the truth--but at least couldn't they address it...

I know, I know, this is Bush we're talking about, but good grief. Where is the outrage from all these big SUV and Ford 150 truck drivers. :rant:

History will not be kind to this administration.
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niyad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 10:59 PM
Response to Original message
1. supposedly the price of crude is at an all-time high. on the other hand,
bushie's cronies probably needed more spending money
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:04 PM
Response to Original message
2. it's hovering around 2.40 in nashville -- lots of SUVs here
can't imagine people being able to take much more of this. i think people were willing to hunker down a few months ago, given there's lite at the end of the tunnel. but i think we're getting fed up. can't afford to commute. soon it's going affect food prices (produce?), surely.
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Fovea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:52 PM
Response to Reply #2
16. Light at the end of the tunnel?
Goldman Sachs predicts a January crude price of $105/bbl.
If there is light at the end of the tunnel, it is an oncoming train.
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Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:56 PM
Response to Reply #2
20. yeah well, in calif. it's already over $3.00 oer gallon - wait, it'll get
to you soon. thank the repukes for this lame prez!
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-05 09:04 AM
Response to Reply #20
22. Wrong is Right -- i just watched this movie, made in 1982! gas 3.50/gal
failing presidency launches false flag operation. starts war in middle east. it was a B-movie back then and the humor was so flat you got the feeling they were just getting the "word out." remarkably prescient. Sean Connery, Leslie Nielson, Dean Stockwell.

http://www.imdb.com/title/tt0084920/

worth a look.

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niallmac Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:06 PM
Response to Original message
3. Kenny Boy Lay isn't whining about the price of gas.
What'r ya. a dang flag burning commie? :sarcasm:
I should never be allowed to post this far past my bed time.
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LoZoccolo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:08 PM
Response to Original message
4. September crude ended @ $66.86 a barrel after peaking @ $67.10 on friday.
This is both a record close and intraday level. $50 and $60 were considered scary months ago.

As far as the SUV and Ford 150 drivers, I think that they think we'll eventually have cheap oil because of Iraq. I think the fact that we're probably still in a position where we're importing there because of the disruption in supply, or that Iraq was exporting to other countries and satisfying overall demand before we shut that down is too complicated an idea for them to try to understand.
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volitionx Donating Member (86 posts) Send PM | Profile | Ignore Sun Aug-14-05 11:08 PM
Response to Original message
5. Yep...
Gas here is $2.25 a gallon a Costco, and about $2.35 everywhere else. This is Boulder, Colorado.

I've thought exactly the same thing as you--why doesn't Bushbaby do something about this problem? Well, he's Big Oil. I even wrote him an email about it (like that'll help).

Yeah, ExxonMobil posted like 7.8 billion dollars in profit for the last QUARTER, the highest profit of any company in world history, apparently, and prices are still high. Of course they charge that much because THEY CAN.

But you'd think that they could have helped out the situation by taking that huge, bogus energy bill and subsidizing oil costs with our tax money rather than giving energy companies a present.

The U.S. uses about 22 million barrels of oil a day. That's $1,408,000,000 worth a day, at $64 a barrel.

That's about $42,000,000,000 a month. For every use, not just gasoline.

That's about $504,000,000,000 a year. Or, roughly the Defense Budget.

If we nixed the whole defense budget, all oil could be paid for with tax dollars. That's free gas for everyone, free oil for manufacturing, etc.

Here's an interesting fact that most people forget:

If you double your car's gas mileage, you cut your fuel bills in half.

If you get 15 mpg, and ditch that car for one that gets 30 mpg, then your gas will cost you, let's say, $10 a week rather than $20 a week.

It's all up to you.

Also, if gas doubles from $2.40 a gallon to $4.80 a gallon, BUT YOU DOUBLE YOUR CAR'S MILEAGE, you'd be paying exactly what you pay now.

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Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:32 PM
Response to Reply #5
13. Same here in Ft. Myers Fla. gas went up 7 cents overnight/!!
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Windy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:10 PM
Response to Original message
6. 2.60 in Metro Detroit Michigan
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OldLeftieLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:12 PM
Response to Original message
7. It jumped $.25 a gallon in 48 hours
It's closing in on $3 a gallon in Northern VA.

Why aren't the American consumers up in arms about this? Is our spirit so thoroughly broken? I mean, so they let the Iraqi invasion go by, because it's not their ox that's being gored, for the most part.

But, everyone has to buy gas, and everyone's being screwed. So, where is THAT outrage? Boy, when gas was being rationed back in the seventies, you better believe there was outrage.

I can't believe what this country has become.
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volitionx Donating Member (86 posts) Send PM | Profile | Ignore Sun Aug-14-05 11:13 PM
Response to Original message
8. I heard today...
I heard RFK Jr. today on Ring of Fire, and he said that if every car in the U.S. improved its mileage by 7.6 mpg, we'd be 100% FREE OF THE NEED TO IMPORT MIDDLE EASTERN OIL.

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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-05 09:05 AM
Response to Reply #8
23. wow! that's amazing! they could fix that with legislation!
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Union Thug Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:21 PM
Response to Original message
9. I read somewhere that we'll see more outcry after gas exceeds..
3.10/gallon or so. Those are the adjusted numbers for the 1981 per gallon price when things began to get hairy. Not sure I agree (as I think that even at present levels, the reverberations in the economy have yet to slam home -- but they will...).
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Blue_Roses Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:29 PM
Response to Reply #9
10. what is it going to take
for people blinded by this administration to wake the f*** up and see how they are pilaging our country. I want my country back!!!
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shanti Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:31 PM
Response to Original message
11. you expect an honest answer from OIL MEN?
:eyes: they're making money hand over fist, with more to come.
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deadparrot Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:31 PM
Response to Original message
12. Mine actually dropped...a whopping $0.02. nt
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Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:34 PM
Response to Original message
14. You can blame Bush for this - he totally tanked this country
and now he expects support for blowing the shit out of Iran?!!
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Tyranny_R_US Donating Member (988 posts) Send PM | Profile | Ignore Sun Aug-14-05 11:50 PM
Response to Original message
15. *kick*
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bleedingheart Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:53 PM
Response to Original message
17. When we left on vacation gas was $2.28 now it is $2.58 at some stations
so a $0.30 jump in one week....wow...just wow...but I guess the conservatives are happy with the high gas prices cuz they demand the right to have gas guzzling cars and stupid presidents with no progressive thoughts for the future...
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KitchenWitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-14-05 11:54 PM
Response to Original message
18. One station here in Minneapolis has it at $2.699
I got E-85 for $2.299 today!
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musical_soul Donating Member (398 posts) Send PM | Profile | Ignore Sun Aug-14-05 11:55 PM
Response to Original message
19. How high is it going to go?
I fear not being able to buy gas after a while.
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katamaran Donating Member (352 posts) Send PM | Profile | Ignore Mon Aug-15-05 12:23 AM
Response to Original message
21. Forty cents in four days here
Went up from $2.39 to $2.79 (Premium) and $2.19 to $2.59 (Regular) here in SE VA in FOUR DAYS.
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Strelnikov_ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-05 09:27 AM
Response to Original message
24. Peak Oil Has Arrived. Prepare For Rationing Within The Year
The current high prices are the market signal that peak oil is near or has arrived. Specifically,

- The (often) promised increases in production by the world's last swing producer, Saudi Arabia, are not occurring.

- Demand is not being reduced by higher prices (that is why they call it price inelastic, after all).

Oil traders are coming to the conclusion that the tight market (demand ~ peak supply) over the last year may be a chronic condition. Now, couple with that with geopolitics. That is, developing crises in:

- Iran
- Venezuela
- Nigeria
- Insurgency in Saudi Arabia

And mother nature:

- Susceptibility to hurricanes of a significant part of US domestic production.

You have all the ingredients for an oil shock. Remember, the 73 oil shock was a 10% shortfall that resulted in a quadrupling of oil prices.

Considering that just one of the above would result in a 10% or larger shortfall (a couple are Armageddon level events), due to the current market imbalance I think the probability of a massive oil shock in the next year is about 100%.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-05 09:30 AM
Response to Original message
25. 3 bucks a gallon is the magic number, once it hit's that then...
finally people will take notice, but until then, moron* and the ministry of truth will keep feeding us bullshit to keep us driving.

Why just this morning on that paragon of truth MSNBC.com they stated that gas prices should lower after the summer rush, but you know, lower is all relative these days. Lower means 2 or 3 cents, so this way the MSM can yell and scream from the highest mountains that GAS PRICES HAVE DROPPED!

Even though a news release just last week stated that gas prices, pretty much will be either at 2.50 per gallon or higher through 2006.

I have been riding my bike now to work, no excuse not to. And as I ride past all those poor schmucks in their gigantic SUV's a happy smile comes across my face.

On an interesting side note: in the past when I would ride to work, I would get harassed by the endless stream of ignorant assholes that were still trying to prove just how big their dick was, now no harassing and they all give me plenty of room when I ride. Funny how that is, nothing like a little fear to straighten out the lemmings huh?
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movie_girl99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-05 09:59 AM
Response to Original message
26. wtf..in many cases isn't the gas that was in there at night
the same gas that is in the tanks the next morning.Unless they got a tanker over night they paid no more for the gas correct? So why the hell do they do that. I could understand if he got a tanker in overnight and had to pay more for that gas but if not..how can they in good conscience hike it up that much?
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Efilroft Sul Donating Member (827 posts) Send PM | Profile | Ignore Mon Aug-15-05 10:11 AM
Response to Original message
27. Thought this would be of interest to you all
Price per barrel of light, sweet Arabian crude oil -- January 22, 2001 (day after Bush was first inaugurated): $23. Source: http://www.eia.doe.gov/emeu/international/crude1.html

Price per barrel of light, sweet Arabian crude oil -- August 11, 2005: $66.07.
Source: http://www.nymex.com/lsco_fut_cso.aspx

The price of oil per barrel has essentially tripled for us, and W's buddies are getting filthier and richer every day.



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