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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: dr_gonz]
    #4955899 - 11/19/05 01:31 PM (18 years, 4 months ago)

Quote:

dr_gonz said:
I just paid $2.10 a gallon. FUCK

I know the news says the the price of oil per barrel is rising, :blah: :blah:, but that's not a good enough answer.

Our president/vice president are so deep into the oil industry that they wouldn't dare grant the funding of a vehicle that ran on vegetable oil (hemp fuel).




For one $2.10 isn't that bad when you look at the rest of the country.  I am paying our six month low now at $2.18.  The current President and Vice President have no power to set oil prices.  The prices are set by quantity and demand.  We set demand and OPEC (middle East) sets prices since they have the majority of the oil supply.  If Bush had an oil pump on the white house lawn he couldn't really do anything to bring prices down or up because he would have a very small fraction of the oil supply.  The real problem would not be who is selling oil in regards to the U.S suppliers but the Petroleum companies like Chevron and B.P, Exxon etc.  They are the ones who buy and refine the oil and make the majority of the $.  They have been making record setting profits off these times of rising energy costs.  Bush has been lobbying for the oil companies to reduce their PROFITS so that the countries economy doesn't take a hit for the companies getting rich.  Veggie oil really isn't a realistic mean of energy for cars, hydrogen and other means prove to be much better and would release water.  This would have to be done by car malefactor's though, because we have the technology already which just need to implanted it and I doubt the oil companies want to lose business.  It also mean replacing every gas station with a hydro station which is billions of $.  Just what I think take it for whatever.

WB


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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: starptv23]
    #4955926 - 11/19/05 01:36 PM (18 years, 4 months ago)

Quote:

starptv23 said:
gas jumped 10 cents here in 5 hours...frinkin war..




I live in an area affected by the hurricane in New Orleans and after it hit gas went up to $3.30 a gallon here.

WB


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Edited by WhiteBunny (11/19/05 01:47 PM)

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OfflineMicrocosmatrix
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Re: Why are gas prices so high? [Re: WhiteBunny]
    #4955937 - 11/19/05 01:40 PM (18 years, 4 months ago)

Quote:


For one $2.10 isn't that bad when you look at the rest of the country.




It was very bad 8 months ago when this thread was made

in 1998, just 7 years ago, unleaded gas was 99 cents a gallon at the local racetrac station


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:orly:


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InvisiblePrisoner#1
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Re: Why are gas prices so high? [Re: WhiteBunny]
    #4955959 - 11/19/05 01:44 PM (18 years, 4 months ago)

Quote:

WhiteBunny said:
The prices are set by quantity and demand.





dont believe everything that economics class has taught you, chicken for an
example runs $4 a pound in Georgia, we are the largest producer of chicken in
the world, producing more than most countries, I traveled to Chicago and found
chicken for $1,19 per pound, most of that chicken was shipped from Georgia,
according to the packaging it was processed in gainsville, ga.

given the expense of trucking and the fact that the demand for chicken in most
larger cities is about equal that pricing is a little off the scale for a state
that actualy has the higest production.

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OfflineMushroomMonster
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4955968 - 11/19/05 01:45 PM (18 years, 4 months ago)

It's 2.49 here and thats the lowest its been in months, stop whining.

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OfflineMicrocosmatrix
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4955977 - 11/19/05 01:46 PM (18 years, 4 months ago)

$4 a pound for chicken? I call shenanigans


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:orly:


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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4955990 - 11/19/05 01:49 PM (18 years, 4 months ago)

Quote:

Prisoner#1 said:
Quote:

WhiteBunny said:
The prices are set by quantity and demand.





dont believe everything that economics class has taught you, chicken for an
example runs $4 a pound in Georgia, we are the largest producer of chicken in
the world, producing more than most countries, I traveled to Chicago and found
chicken for $1,19 per pound, most of that chicken was shipped from Georgia,
according to the packaging it was processed in gainsville, ga.

given the expense of trucking and the fact that the demand for chicken in most
larger cities is about equal that pricing is a little off the scale for a state
that actualy has the higest production.




very true I remember that year paying .88 cents a gallon it was great!!!

WB


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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4956028 - 11/19/05 01:56 PM (18 years, 4 months ago)

Quote:

Prisoner#1 said:
Quote:

WhiteBunny said:
The prices are set by quantity and demand.





dont believe everything that economics class has taught you, chicken for an
example runs $4 a pound in Georgia, we are the largest producer of chicken in
the world, producing more than most countries, I traveled to Chicago and found
chicken for $1,19 per pound, most of that chicken was shipped from Georgia,
according to the packaging it was processed in gainsville, ga.

given the expense of trucking and the fact that the demand for chicken in most
larger cities is about equal that pricing is a little off the scale for a state
that actually has the highest production.




well speculating that the chicken is exactly the same, they can afford to give Chicago for example getter prices if they sell 5 times as much of the product. It follows the same reason why places like Wal-Mart is able to beat just about every store on prices because of sear quantity of products being sold.

WB


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InvisibletrendalM
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Re: Why are gas prices so high? [Re: WhiteBunny]
    #4956055 - 11/19/05 02:01 PM (18 years, 4 months ago)

It follows the same reason why places like Wal-Mart is able to beat just about every store on prices because of sear quantity of products being sold.

Wall-Mart's low prices come more from the cheapness of their products than from the bulk that they sell. Getting a bunch of Asians to make their cheap wares for a buck an hour goes a LONG way to having incredibly low shelf-prices :wink:

http://www.pbs.org/wgbh/pages/frontline/shows/walmart/view/


--------------------
Once, men turned their thinking over to machines in the hope that this would set them free.
But that only permitted other men with machines to enslave them.

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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: trendal]
    #4956069 - 11/19/05 02:05 PM (18 years, 4 months ago)

Quote:

trendal said:
It follows the same reason why places like Wal-Mart is able to beat just about every store on prices because of sear quantity of products being sold.

Wall-Mart's low prices come more from the cheapness of their products than from the bulk that they sell. Getting a bunch of Asians to make their cheap wares for a buck an hour goes a LONG way to having incredibly low shelf-prices :wink:

http://www.pbs.org/wgbh/pages/frontline/shows/walmart/view/




and I agree but the reason why they are able to buy in such bulk is because they are able to unload (sell it)

WB


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InvisiblePrisoner#1
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Re: Why are gas prices so high? [Re: Microcosmatrix]
    #4956080 - 11/19/05 02:06 PM (18 years, 4 months ago)

Quote:

Microcosmatrix said:
in 1998, just 7 years ago, unleaded gas was 99 cents a gallon at the local racetrac station





in 2001 gas was 84 cents a gallon here

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InvisibletrendalM
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Re: Why are gas prices so high? [Re: WhiteBunny]
    #4956084 - 11/19/05 02:07 PM (18 years, 4 months ago)

That has little or nothing to do with shelf prices though :wink:

If they couldn't unload quite so much, they wouldn't buy quite so much. They could still buy whatever they were buying nice and cheap from the factories over in Asia, though.


--------------------
Once, men turned their thinking over to machines in the hope that this would set them free.
But that only permitted other men with machines to enslave them.

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InvisiblePrisoner#1
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Re: Why are gas prices so high? [Re: Microcosmatrix]
    #4956087 - 11/19/05 02:09 PM (18 years, 4 months ago)

Quote:

Microcosmatrix said:
$4 a pound for chicken? I call shenanigans




it's true, we seem to have the highest prices on poultry, the lowest I've seen is
$3.49 a pound on sale

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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4956098 - 11/19/05 02:12 PM (18 years, 4 months ago)

Quote:

Prisoner#1 said:
Quote:

Microcosmatrix said:
in 1998, just 7 years ago, unleaded gas was 99 cents a gallon at the local racetrac station





in 2001 gas was 84 cents a gallon here




Georgia does lead the nation in gas prices usually though. I remember leaving there and the gas prices were nice.

WB


--------------------

Edited by WhiteBunny (11/19/05 02:30 PM)

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OfflineMicrocosmatrix
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4956166 - 11/19/05 02:28 PM (18 years, 4 months ago)

damn, is that boneless, skinless breasts?

How much are leg quarters?


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Offlinefriggest
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4956179 - 11/19/05 02:31 PM (18 years, 4 months ago)

as a petroleum engineer major in college i can tell you its mostly OPEC and environmental issues. OPEC which includes alot of middle eastern countries plus venuzlua. those guys set alot of the prices. but they send over crude oil. americans themselves have to refine the oil that they send over so we can put it in our gas tanks. the second is environmental issues. there are so many regulations that its hard for new production plants to be opened up. the EPA and NOAA refuses to give permits to drill that could ease the prices.
rita shuttered 27% of the nations capacity to refine crude oil into gasoline, heating oil, and other products. while katrina shutdown 10% of the capacity. this is why prices are so high.

its so wierd. i get to hear both sides of the story. as an immediate family member works for the federal goverment for the national fish and wildlife refuge, and my classes all about oil. anyways i know that the government regulations cause alot of problems. but just look at the enegry policies of the u.s. and see that we are trying to get away from oil and our dependicy on it.

2 fun facts.
exxon makes $0.15 on each barrel of oil.
exxon made 9.9 billion in 3 months. [edit] 9.9 billion in profit i meant.

thats where im gonna be working in a matter of years.
a whoop.

Edited by friggest (11/19/05 02:34 PM)

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InvisiblePrisoner#1
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Re: Why are gas prices so high? [Re: WhiteBunny]
    #4956180 - 11/19/05 02:31 PM (18 years, 4 months ago)

Quote:

WhiteBunny said:
Georgia does lead the nation in gas prices usually though. I remember leaving there and the gas prices were nice.




we used to have the lowest, now we are up there with everyone else

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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: Prisoner#1]
    #4956199 - 11/19/05 02:35 PM (18 years, 4 months ago)

Quote:

Prisoner#1 said:
Quote:

White Bunny said:
Georgia does lead the nation in gas prices usually though. I remember leaving there and the gas prices were nice.




we used to have the lowest, now we are up there with everyone else




I lived there before they did the emissions tests.

WB


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InvisiblePrisoner#1
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Re: Why are gas prices so high? [Re: WhiteBunny]
    #4956209 - 11/19/05 02:36 PM (18 years, 4 months ago)

they still dont do them out where I am

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OfflineWhiteBunny
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Re: Why are gas prices so high? [Re: friggest]
    #4956210 - 11/19/05 02:36 PM (18 years, 4 months ago)

Quote:

friggest said:

2 fun facts.
exxon makes $0.15 on each barrel of oil.
exxon made 9.9 billion in 3 months. [edit] 9.9 billion in profit i meant.



That is why I think that oil companies is were the fat is needed to be trimmed. I don't mind them making a profit just not so much of one.

WB


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