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Gas Prices Are Insane!!!!!

mrcreosote

Active member
Veteran
As a portly individual, I find the energy expended pedaling uphill produces diminishing returns. This works for me...

15056_0_1_2_flh%201200%20electra%20glide_Image%20credits%20-%20Braunz%20Bombers.jpg


Lose the crappy stock seat and rack, mufflers and cheesy whitewalls and fugly anniversary edition gold cast rims (Harleys don't run right without wire spoked wheels) and there it is in all it's almost stock glory.
I'm old school and green too. (if I keep the full dresser shit off and the sidecar. that stuff makes it like a 56 Olds 88 )

Oh, add highway pegs...chubby people like to lounge in comfort.
The hard bags are to hold the beer and ice.
 

DiscoBiscuit

weed fiend
Veteran
or get a road king - all the gruff w/o the fluff

road king's a little too much bike for me, that's why I superglide

I broke the tricycle jumping a sidewalk.
 

VirginHarvester

Active member
Veteran
.
Fox News told me Obama did it..........

Well, he did, and FOX is correct in that case. Meanwhile, Obama knows why gas is going up but since most of us want to believe it's supply/demand he'll tell you(speech yesterday) that he's doing everything he can to explore energy. Naturally, he says it with a straight face "give me four more years to get the job done", and says it with confidence so you believe him.

The reason gas prices are going up is because he borrowed trillions. Remember TARP where Obama came into office warning us to give him $760 billion to bail out Wallstreet and banks? That's right, the people that were supposed to be trusted to invest our money for us needed the people's money to cover their tracks.

Remember the hopeless stimulus, another $750 billion, it was hastily forced down our throats and an absolute goldmine for wasteful projects, much of which never really produced ANYTHING. Yeah, welcome to the wonderful world of Keynesian economics.

That's $1.5 trillion right there.

How much more has he put on America's credit card in the form of deficit spending?

The trillions in boongoggle deficit spending from Obama has hurt the dollar... It's simply worth less now. Since oil is traded in dollars and the dollar is weaker, the price per barrel goes up. So now, all that extra money we pay for gas is funneled out of our pockets, mostly out of the country. That's how Americans become poorer because of reckless spending.

Has he done anything to reduce speculation in the oil markets, or energy markets in general? Nothing at all, right? Estimates are that's increasing costs by either 22 cents per gallon or 22%, can't remember which. But it's dollars you will no longer have to spend, ever.

Want to keep blaming FOX news?

Wake up. He has to color it as a race for energy efficiency, independence, and discovery so you buy into him for another four years. Basically, in a nutshell, he's lying to you.
 

HempKat

Just A Simple Old Dirt Farmer
Veteran
Obama's talking about gas right now. We're pumping more oil than we have in eight years. We have more rigs drilling than the rest or the world combined. We just signed an agreement with Mexico that will give us an estimated 172 million barrels of oil.

172 million barrels? What's that, a few hours worth?

We're drilling like hell but we don't have that much oil. We use 1/5 the world's supply. We can't drill our way to $2 gas. We need to utilize everything that technology makes feasible. And we need to do it before we run out of oil completely or it'll be so expensive we'll be too broke to invest.

We need an energy policy that isn't oil and coal based.

Plus there's more reason to move away from fossil fuels then just running out. No I don't mean Global Warming altthough that could be another consideration. Global warming and supply aside fossil fuels are harmful to both people and the environment. If we could find a workable green solution then in terms of what is best is to move in that direction. Those wanting to stay where we are now just want to enjoy the ease of using what we're comfortable with or they want to continue reaping the profits they make.
 

HempKat

Just A Simple Old Dirt Farmer
Veteran
Well, he did, and FOX is correct in that case. Meanwhile, Obama knows why gas is going up but since most of us want to believe it's supply/demand he'll tell you(speech yesterday) that he's doing everything he can to explore energy. Naturally, he says it with a straight face "give me four more years to get the job done", and says it with confidence so you believe him.

The reason gas prices are going up is because he borrowed trillions. Remember TARP where Obama came into office warning us to give him $760 billion to bail out Wallstreet and banks? That's right, the people that were supposed to be trusted to invest our money for us needed the people's money to cover their tracks.

Remember the hopeless stimulus, another $750 billion, it was hastily forced down our throats and an absolute goldmine for wasteful projects, much of which never really produced ANYTHING. Yeah, welcome to the wonderful world of Keynesian economics.

That's $1.5 trillion right there.

How much more has he put on America's credit card in the form of deficit spending?

The trillions in boongoggle deficit spending from Obama has hurt the dollar... It's simply worth less now. Since oil is traded in dollars and the dollar is weaker, the price per barrel goes up. So now, all that extra money we pay for gas is funneled out of our pockets, mostly out of the country. That's how Americans become poorer because of reckless spending.

Has he done anything to reduce speculation in the oil markets, or energy markets in general? Nothing at all, right? Estimates are that's increasing costs by either 22 cents per gallon or 22%, can't remember which. But it's dollars you will no longer have to spend, ever.

Want to keep blaming FOX news?

Wake up. He has to color it as a race for energy efficiency, independence, and discovery so you buy into him for another four years. Basically, in a nutshell, he's lying to you.

If Fox is where you get your info from then you need a new credible source. TARP was/is/and always will be Bushes Baby. It was half spent by the time Obama got elect in Nov. Don't you remember when even though they didn't have to the Bush administration asked Obama to encourage Congress to okay the 2nd half of the money?

The stimulus was Obama's to claim no doubt there but when you try to distort the facts the way you do it just makes it all look like bullshit. The bottom line is the country can't sustain the status quo much longer and neither the Democrats nor the Republicans have or are the answer.
 

mrcreosote

Active member
Veteran
or get a road king - all the gruff w/o the fluff

road king's a little too much bike for me, that's why I superglide

I broke the tricycle jumping a sidewalk.

You know what they say...
Hear no Evo, Speak no Evo, See no Evo.

Half the fun of a shovel-head is picking up the parts that shake loose. Part of the Harley Davidson tradition that has disappeared.
One bag for beer...the other for tools that WILL be needed.

I like to hook up the sidecar and go to shows. I don't enter because it's a daily driver and the winners are all trailer queens, but I like to give all the sweeties that line up rides in the side car.
Their old man has an $ 60k custom but they all want to ride in my rig.
I admit the idea of riding in a lounge chair and playing CD's as opposed to a 4x6" patch on a fender has a certain appeal to some gals.
Too bad Wifey won't let me keep any of em.

No doubt the superglide is more nimble than the E-glide. That 150 lbs. makes a difference. My bike is like a tank especially with the front end adjustable rake set out. Sidecar rigs have a 2 position bottom triple tree, in for standard and a few degree rake in the out position for stability with the sidecar. I just leave it out to lower the bike and it looks better. That behemoth ain't gonna turn on a dime either way.
34 years old and still chuggin away.
I love my baby.
 

ronbo51

Member
Veteran
This could go a few ways. Either things settle down and prices stabilize somewhere near where they are now, or, not. I don't see much room for downward pricing unless the big meltdown occurs and nobody wants oil. It could be argued that a rational, realistic energy policy that isn't based on "algae" might lower prices. Bush tried this after Katrina when he made the Gulf available for drilling, it worked, somewhat. and oil prices tumbled, leaving those long at 4$ a barrel scrambling. But that is not going to happen with this president, this Congress, or even this voting population. We want others to do the hard dirty work of energy exploitation and are completely unrealistic about alternatives, leaving us with our dicks pretty much in our hands. But God help us if the mid east explodes and the insurance carriers tell the fleet owners they can't sail and the whole fragile system implodes. That is the worst case scenario and it could cause gas prices to skyrocket, (just as Obama said he wanted) and the sky is the limit in the new Beyond Thunderdome world.
 

mpd

Lammen Gorthaur
Veteran
Don't worry. Those earth-hugging watermelon green nutballs will have your car filled with fairy dust and unicorn farts. You'll be flyin' in no time at all. I heard that the solar powered car will be along some time in the next 30 years, so you don't have long to wait.

Paid $3.45 a gallon yesterday and it took $51 to fill the tank.
 
Speculators/hedgers have more control of gasoline prices than Obama ever could, as much as I'd like to blame his ass.It's not supply/demand driving prices, consumption is actually down.

Drill baby,drill :moon: there will be war over drilling rights,agenda in the wide open this time.
 

Molson

Member
This week in petroleum, from the Energy Information Administration. Relevant information.

http://www.eia.gov/oog/info/twip/twip_gasoline.html

Demand for gasoline is down. Refineries are closing on the Gulf coast and on the East coast. The Keystone XL pipeline may or may not be built. Turmoil with Iran.

Another interesting article.
Refinery Closures Lead to Rising Gas Prices and Job Losses

There have been several announcements in recent months of refinery closures that will likely impact gasoline supplies (and prices) on the East Coast. Some of those closures have been on the East Coast. Others — such as the Hovensa refinery in the Virgin Islands and some European refineries — supply product to the East Coast.

So why are these refineries closing?

Basically, despite the very popular image of perpetually fat profits for the oil companies, the refining business has been historically poor. If a refinery often operates in the low single digit rates of return — or as has frequently been the case, loses money — oil companies will eventually shut them down. Even if other parts of the business are making money, they won’t keep funding a money loser.

But why do refineries struggle with profitability?

In recent years, demand for gasoline has been down due to high prices in the U.S. As oil prices have climbed, refiners have struggled to pass on all of the increased costs of those higher oil prices to consumers. They would like to sell gasoline for a bit more, but the reduced demand keeps their margins low for the most part. Ultimately some are forced to shut down. That will also mean higher gasoline prices for consumers.

Another from Businessweek... Angry about high gas prices? Blame shuttered oil refineries
 

Skip

Active member
Veteran
Got gas last week at $3.69. Now it's $4.39. That's up 70 cents IN ONE WEEK!

Why?

Iran/Syria situation and the US is exporting millions of gallons of gasoline everyday, keeping our prices high!!!

Yesterday the western powers opened up a "humanitarian" corridor in Syria to Homs. This isn't even being reported by most of the media. They (US, France, UK, Italy) threatened Assad that if he interfered with this action, US warplanes would come in from Turkey to defend the corridor.

They plan to make Homs a "SAFE HAVEN" from Assad's forces...

THIS MEANS WE'VE JUST INVADED SYRIA...

and action against Iran's nuclear program is imminent.
 

DiscoBiscuit

weed fiend
Veteran
Gas/oil is priced globally. If we didn't pay the going rate, somebody would tank it up and sell it elsewhere. If we buy it, it's got to be the good stuff because we don't want high sulfur content to acid rain our bread basket. All that nasty Alaska shit goes somewhere else.

It doesn't necessarily take the evil gub to raise gas prices. If Joe Oil can make more profit selling outside the US, he'll do it because he already paid the mineral rights to pump it out of the ground. Domestic oil is ours until we reap dimes to dollars flipping it to the folks who drill the well and pump the oil.

Retailers are squeezed along with the refineries. I know an Exxon retailer who can't raise the margin w/o affecting his wholesale price. If he sells gas for $.02 more per gallon, the wholesaler will raise the price of his next supply, effectively nullifying the 2 cents. He's forced to raise margin on beer and cigs to make up for it.
 

DiscoBiscuit

weed fiend
Veteran
I bet you don't have the same crazy zoning that requires so much personal transportation. The more gas costs, the less one needs a car, except in 93% of the US.
 
It's actually getting worse, our public transport system was great when it was state run...now its private, routes that don't show profit are cancelled, & companies tend to locate in the middle of nowhere(no PT) or on the outskirts of town for the cheap rent/land... forcing their low paid workers to buy a car, in some cases they wont hire unless you own a car ...not just gas thats expensive, when you add in the road tax, insurance etc it can be crippling
 

Scottish Research

Senior Member
ICMag Donor
Veteran
Prices are currently all based on the following: speculation by commodity traders, and producers limiting production in an effort to dictate price per barrel.

Of course the motivation is always greed.

Higher fuel prices ultimately mean higher food costs etc etc..

If you don't get it yet, just wait.

R.Fortune
 
B

BrnCow

VW diesel Jetta - 46 mpg @70 mph . A chipped one might get above 50mpg..
 
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