Gas Prices Are Insane!!!!!

[THE TROOPER]

i'd rather have an asteroid destroy the earth...then to know it got fucked by the human condition!

 

[Iron_Lion]

do you know why saudi oil is so popular...because you go a short distance thru sand to get it which makes it the easiest and cheapest to get!

Plus you can drain their supply while conserving yours

 

[SpasticGramps]

$10/gal gas in the UK now. Real mess going on there with the potential trucker strike. A cabinet secretary kind of incited panic by telling everyone to run out and stockpile gasoline in "jerry cans" before the strike. Some ignorant lady blew herself up in her house messing around with "jerry cans" of gasoline.

Ministers under pressure to bring in emergency rationing as 999 crews struggle to get hold of fuel The Telegraph

Organisations representing 999 crews warned that lives could be put at risk if the Government does not put the National Emergency Plan for Fuel into action.

The pre-arranged plan, which closes designated forecourts to all but essential vehicles, can be put in place within 24 hours, but so far ministers have refused to consider it.

The number of filling stations which had run dry at some point was said by one trade body to have run into the thousands as demand for petrol rose by 172 per cent and diesel by 77 per cent.

Up to a third of all garages are thought to have run out of one or other type of fuel and retailers said it would take two to three days to clear the backlog even if car owners stop panic buying now.
One fuel industry leader said in a leaked email to the Department of Energy that the country was in the grip of “insanity” which was “self-inflicted” following Government advice to drivers to fill up their tanks, despite a threatened strike by tanker drivers being at least 10 days away.

Francis Maude, the Cabinet Office minister who suggested earlier in the week that motorists should stockpile fuel in “jerry cans” faced calls to resign after a 46-year-old woman suffered 40 per cent burns when petrol ignited as she was pouring it into a container.

Diane Hill remained critically ill in hospital last night, but while David Cameron said his heart went out to her, Eric Pickles, the Communities Secretary, said decanting fuel in a kitchen was not “reasonable”.

In an interview in today’s Daily Telegraph, Mr Pickles insisted the country was in a “stronger position” as a result of ministerial advice on fuel, which had “worked reasonably well”.

Paul Maloney, southern England regional secretary for the GMB union, which represents ambulance drivers, said there had been “widespread” problems getting hold of fuel.

“Crews are telling us that they can't fill their tanks up fully,” he said. “They are going around low on fuel - with half-empty tanks or worse – when they should be full. “Ambulances are having to wait in line, and are being rationed, just like everybody else. There's no special treatment by the garages and little recognition from motorists that it's an ambulance coming in that needs fuel for emergencies.
“The Government needs to introduce emergency measures before the weekend. “Lives will definitely be put at risk going into the weekend, with kids also off school.”

An email from a Department of Health official to the UK Petroleum Industry Association, which was leaked to Sky News, showed the same concerns were shared by the Government. “Ambulances are having to queue for fuel with domestic customers (particularly at Sainsbury’s petrol stations where they are also being limited to £50 of fuel)” it said. “Would you be able to get a message out to retailers that fuel cannot be rationed for ambulances…they should be permitted to fill their tanks as a matter of priority.”

Brian Madderson, chairman of Retail Motor Industry Petrol, which represents 5,500 of the UK’s 8,400 filling stations, said: “The Government has the power to bring in the fuel emergency plan within 24 hours, but they still haven’t discussed any form of emergency rationing with us. You would have thought it would be sensible to do so. I’m staggered they are still failing to engage with us.”

The National Emergency Plan for Fuel was drawn up in 2000 after UK oil refineries were blockaded in a protest against fuel duty. It enables the Government to use powers from the Energy Act 1976 to ration fuel to an agreed list of essential users including emergency workers and doctors.

The Unite union, which represents 2,000 tanker drivers who are threatening to strike, yesterday ruled out any industrial action over Easter after saying it wants to focus on reaching a settlement.
Talks will begin on Monday through the conciliation service Acas, but Mr Cameron said: “The most constructive thing they could do would be to call off the strike entirely. That would ease pressure in the system still further.”

Professor Stephen Glaister, director of the RAC Foundation, said Unite’s decision to hold off on strike action “should give everyone breathing space and ease the pressure at the pumps”.
But there was little sign of the panic letting up yesterday as drivers formed queues of up to half a mile at those filling stations still holding supplies.

In many areas forecourts were rationing drivers to as little as £10 each, while others imposed a minimum spend of £25 to deter those who already have tanks with plenty in reserve.
One garage in Cornwall even refused to serve anyone who was “not local” after the owner decided to turn away holidaymakers in favour of regular customers and account holders.
Ed Balls, the shadow chancellor, accused the Prime Minister of playing "schoolboy political games" by stoking up panic over fuel to try to distract attention from his troubles with Budget tax rises and the scandal over donations to the Tories.

Mr said: "I do think that political games were played. I think the Prime Minister woke up on Monday morning and thought 'I've got the worst weekend I've had in Government'.

"So suddenly, out of the blue, we had Government ministers talking up a strike which wasn't even called - there's no date for this strike.
"It was a political invention, the panic of the last couple of days, and the nation and some people are paying a very, very heavy price for that.”

 

[DiscoBiscuit]

Just saw my first $3.99 sign. Glad I got rid of the gas hog.

 

[SpasticGramps]

Global demand destruction will eventually come into play. IMO it starts significantly when the US starts seeing around $4/gal.

Gas prices staying this high or higher will start sucking the life out of the economy.

 

[still pluggin]

Figures my main hobbies would be trucks and boats. Ugh.

 

[HempKat]

Global demand destruction will eventually come into play. IMO it starts significantly when the US starts seeing around $4/gal.

Gas prices staying this high or higher will start sucking the life out of the economy.

Around my area it's actually been a boon for the car dealerships, they are all holding Midnight Madness type sales events pushing all the fuel efficient cars that haven't been selling and giving away gas cards that will pay your gas for the summer, when you buy the more expensive ones, to sweeten the deal.

What you're talking about probably won't be felt around here until the summer but already people are bitching about how it's starting to feel like they are having to pay to work between gas and insurance.

 

[SpasticGramps]

Around my area it's actually been a boon for the car dealerships, they are all holding Midnight Madness type sales events pushing all the fuel efficient cars that haven't been selling and giving away gas cards that will pay your gas for the summer, when you buy the more expensive ones, to sweeten the deal..

0% interest. 0% down. No credit no problem. Subprime car bubble in the making. We already bailed out GMAC. Now they have changed their name to Ally bank and are doing the same shit. Car manufacturers have been channel stuffing like mad recently.

We'll be bailing them out again soon enough.

 

[BurrZurrKurr]

So glad the Kuwaitis are grateful for all the young men and women that gave their lives to liberate their country, all those strangers from foreign lands that said, "No, Saddam, you cannot subjugate these fine people and steal their wealth and independence". 'Cause the Kuwaitis ARE cutting those countries a deal on the copious amounts of oil they are selling, aren't they? I mean, the Kuwaitis are sitting on more oil than any of them could ever possibly use, and there is NO way they would continue to put the screws to it's customers and gouge the shit outta them for more cash. Right? They'd never do that, right?

 

[SpasticGramps]

So glad the Kuwaitis are grateful for all the young men and women that gave their lives to liberate their country, all those strangers from foreign lands that said, "No, Saddam, you cannot subjugate these fine people and steal their wealth and independence". 'Cause the Kuwaitis ARE cutting those countries a deal on the copious amounts of oil they are selling, aren't they? I mean, the Kuwaitis are sitting on more oil than any of them could ever possibly use, and there is NO way they would continue to put the screws to it's customers and gouge the shit outta them for more cash. Right? They'd never do that, right?

It's a little more complicated than that IMO.

First, no one is exactly sure how much "copious" the amounts of oil are in the Middle East. Countries are incentivized to grossly overstate reserves such that their perceived assets are valued higher (allowing them to borrow and leverage more coincidentally). Everyone knows the Saudi's overstate their reserves by at least 30%. A true test coming for the Saudi's will be their ability step up productive capacity in the face of several international supply disruptions that seem inevitable if not at least very likely. That's not so much here or there though.

The main reason why gas prices will remain high is because Middle East countries need very high oil prices to subsidize..... subsidizing everything to keep their people from going to war with them, as is already happening at the neighbors house. Saudi has made it known that $80/barrel is the minimum price they need to keep the peace. They really want $100.

They are basically subsidizing the inflation caused by USD debauchery. It's a negative feedback loop. Inheritably unstable and unsustainable.

We gouge them and they have to gouge us.

Why the Saudis want $100-a-barrel oil

Kuwait is a small piece of the pie. You can't expect them to sell us oil at a discount. They don't live in a vacuum. This is the organic global market place. It's not a charity event.

 

[Bobby Stainless]

Great time for me to buy a Land Cruiser!

 

[BurrZurrKurr]

Kuwait is a small piece of the pie. You can't expect them to sell us oil at a discount. They don't live in a vacuum. This is the organic global market place. It's not a charity event.

Did we charge them to "liberate" them? Was that charity? I call BS on that arrangement.

To this day, the Dutch still go out of their way to thank Canadians for their heroics in freeing the Netherlands - the free drinks, the extra tokes in coffee houses, the parades and the dutiful upkeep of the places where the Cdn. dead lie in final slumber. Wear a red maple leaf in Holland, you are a hero.

What has Kuwait done? They have more fucking money than any 10 3rd world countries put together, more than their whole fucking population could spend in a lifetime in Vegas. Pay it back bitches, show some props.

If a big kid stops the bully from kicking the shit outta ya - a little book carrying or special cupcake once in awhile is only the right thing to do.

My world is black and white - fuck colors, they complicate things.

 

[DiscoBiscuit]

Did we ever figure out why we told Saddam we didn't care whether he invaded Kuwait, only to go to the trouble and expense of expelling him?

 

[Molson]

It's a little more complicated than that IMO.

First, no one is exactly sure how much "copious" the amounts of oil are in the Middle East. Countries are incentivized to grossly overstate reserves such that their perceived assets are valued higher (allowing them to borrow and leverage more coincidentally). Everyone knows the Saudi's overstate their reserves by at least 30%. A true test coming for the Saudi's will be their ability step up productive capacity in the face of several international supply disruptions that seem inevitable if not at least very likely. That's not so much here or there though.

Spot on SpasticGramps. Have to give you props on this one. It's very true that the reserve numbers coming out of the middle east are inaccurate, and have been for some time (and we know this, people in the energy industry aren't retarded).

 

[BurrZurrKurr]

The Saudis could give a rats ass about anyone other than their king(s), their 13,000 princes and their paid porta-potty white wimmins. One of the least democratic countries in the world, but they pay so much graft and own so many oil folks that they could rape babies publicly, and the U.S would send lube. Maybe once the U.S. go in after Iran, a spare nuke or two on those white robed camel molesters would convince them to loosen the pump nozzles, and stop thinking with their wallets. Do we sell them food? Grain? Tie the cost of bread (to them) to the cost of their oil to us. Make our pain their pain. And, if Canada has a shite load of oil sitting in that sand, it would be as economical to use theirs as to pay some sand demons more money for their new gold toilets. I'd rather pay a Canuck the money that might trickle back to me.

 

[Weed-Luver]

The Saudis could give a rats ass about anyone other than their king(s), their 13,000 princes and their paid porta-potty white wimmins. One of the least democratic countries in the world, but they pay so much graft and own so many oil folks that they could rape babies publicly, and the U.S would send lube. Maybe once the U.S. go in after Iran, a spare nuke or two on those white robed camel molesters would convince them to loosen the pump nozzles, and stop thinking with their wallets. Do we sell them food? Grain? Tie the cost of bread (to them) to the cost of their oil to us. Make our pain their pain. And, if Canada has a shite load of oil sitting in that sand, it would be as economical to use theirs as to pay some sand demons more money for their new gold toilets. I'd rather pay a Canuck the money that might trickle back to me.

our 2 top suppliers of oil are canada and mexico.
also, we produce 50% of the oil we use.

 

[SpasticGramps]

The Saudis could give a rats ass about anyone other than their king(s), their 13,000 princes and their paid porta-potty white wimmins. One of the least democratic countries in the world, but they pay so much graft and own so many oil folks that they could rape babies publicly, and the U.S would send lube. Maybe once the U.S. go in after Iran, a spare nuke or two on those white robed camel molesters would convince them to loosen the pump nozzles, and stop thinking with their wallets. Do we sell them food? Grain? Tie the cost of bread (to them) to the cost of their oil to us. Make our pain their pain. And, if Canada has a shite load of oil sitting in that sand, it would be as economical to use theirs as to pay some sand demons more money for their new gold toilets. I'd rather pay a Canuck the money that might trickle back to me.

Lots of great ideas in that post. Trade wars, military occupation, nuking people. The future is bright for us.

In the end the Arabs sit on a lot of global capacity for the black shit that makes the ponzi go round and round. Why do we think we are running around there selling chemical weapons and arms to useful idiots and then having to go protect other countries (kuwait) from aforementioned expendable useful idiots?

Speaking of useful idiots.

 

[BurrZurrKurr]

Lots of great ideas in that post. Trade wars, military occupation, nuking people. The future is bright for us.

In the end the Arabs sit on a lot of global capacity for the black shit that makes the ponzi go round and round. Why do we think we are running around there selling chemical weapons and arms to useful idiots and then having to go protect other countries (kuwait) from aforementioned expendable useful idiots?

Speaking of useful idiots.

I resent the implication - I am not useful.

And I don't really support nuking the sandlot - I'd rather draw and quarter the profiteers that are imbedded so deep in my pockets they resemble lint. "Profit, at any cost", should be on the dollar (and the euro). Once the "big anybody" is allowed to control both the front end and the back end of any resource, the coordinated economic rape is inevitable. Nationalize essential services, take the profit out of medicine, education, water, hydro and oil. Old ladies shouldn't freeze in the winter so a shareholder can get his 7% return annually.

 

[DiscoBiscuit]

Gotta wonder about the claims SA is blue skying their oil reserves. Finance requires proper bookkeeping or banks tend to say no.

 

[Abja Roots]

If you really care about any of this. The best solution is for you to commit suicide or stop reproducing. Your choice. The world is going to hell in a hand basket. Human beings are one of the few creations that don't live in tune with the way they have evolved. Stop building houses in the exposed desert, with AC. Stop living in the mountains with heaters in the winter. You're supposed to migrate. If you don't want to, then don't bitch when you have to trade your time for the wages which allow you to afford that luxury. We're on some whole other tangent right now. Nations, Languages, Brands, Names, Culture. They're all divisive and distracting. It's like living in the Harry Potter universe or some World of Warcraft reality. Prada, Gucci, BMW, American, Italian, etc........Just nonsense we've created. The world is infinite, down to a molecular level or beyond. There are worlds within worlds, within worlds, and within worlds.

I recommend you eat some mushrooms, smoke some DMT, ingest some LSD, take ayahuasca, and find the base of your natural existence.

All of the rest of this is bullshit.

Herb opened the door to my third eye, the rest of that stuff knocked it down.

I'm playing the game that I was born into, and am grateful for all I've been blessed with.

Best wishes to all.

I can't wait until fuel is over $10.00-$15.00/Gallon. People might begin to appreciate the small things in their communities and in their lives.

We definitely should not nuke anybody. Even suggesting that is ignorant.