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Thread: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

  1. #161
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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by AliHajiSheik View Post
    With the interest rates so low, I'm just going to take out a mortgage to fund my gas purchases.
    I suggest you go for a fixed-rate mortgage rather than an ARM.
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by Diogenes View Post
    You have an interesting, if somewhat wierd, idea of just who is "the little guy" ...
    Oh yeah?

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by SMTA View Post
    Every decision made has some alternative cost attached to it.

    There are available reserves in the US, but we cannot allow companies to just race in and drill.

    There are safety, environmental, and transportation issues (to name a few) that need to be addressed first.

    The current fracking issues have yet to be completely identified, and issues continue to arise.

    Sure there are safety issues, environmental, and transportation issues. But when the Federal Government has lands and has decreased contracts and caused the process of imposing bureaucratic red tape all to stymie growth and deter more output from Federal Lands. While imposing more regulations yet stating there is nothing they can do offset any process. Then IMO the Fed is absolutely outright lying to the American Public that there is nothing they can do.

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by MMC View Post
    Sure there are safety issues, environmental, and transportation issues. But when the Federal Government has lands and has decreased contracts and caused the process of imposing bureaucratic red tape all to stymie growth and deter more output from Federal Lands. While imposing more regulations yet stating there is nothing they can do offset any process. Then IMO the Fed is absolutely outright lying to the American Public that there is nothing they can do.
    Has it occurred to you that rising prices might merely be gas suppliers raising their profits.........After all, the price of "oil" has been pretty stagnant for sometime now and what would be the purpose of drilling for more oil in the midst of a worldwide oil glut ?.......

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by Bonzai View Post
    Has it occurred to you that rising prices might merely be gas suppliers raising their profits.........After all, the price of "oil" has been pretty stagnant for sometime now and what would be the purpose of drilling for more oil in the midst of a worldwide oil glut ?.......
    Well, we have up what are the cause for these Gas Prices and why they are so high now.

    allowing America's oil and natural gas producers to explore our vast oil reserves would absolutely quell concerns about future oil production, increase international spare capacity, and bring down the price of gasoline.....snip~

    Also Ttwtt put up a link with Car and Driver.....that addresses much of that issue. As well as over supply and demand.

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by LiberalAvenger View Post
    Oh yeah?
    This may constitute a response in a Tex Avery cartoon, but here? Not so much.

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by MMC View Post
    Well, we have up what are the cause for these Gas Prices and why they are so high now.

    allowing America's oil and natural gas producers to explore our vast oil reserves would absolutely quell concerns about future oil production, increase international spare capacity, and bring down the price of gasoline.....snip~

    Also Ttwtt put up a link with Car and Driver.....that addresses much of that issue. As well as over supply and demand.
    Except that there is absolutely no proof that the supply of oil is related to the price of gas: As I already stated: THere is a worldwide oil GLUT and the price of oil has been relatively stagnant.............Shouldn't you be explaining why gas prices aren't dropping ?...............

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by Bonzai View Post
    Except that there is absolutely no proof that the supply of oil is related to the price of gas: As I already stated: THere is a worldwide oil GLUT and the price of oil has been relatively stagnant.............Shouldn't you be explaining why gas prices aren't dropping ?...............
    According to South Jersey AAA spokesman Rich Bradley, the most recent spike in gas prices stems partly from a refinery closure in Saint Croix resulting in one million barrels of crude oil sitting idle, combined with slowdowns at 25 percent of U.S. refineries for scheduled maintenance work.

    “Gas companies are also switching over from a winter blend to a summer blend, so there’s just not a lot of fuel out there, which is driving up cost,” said Bradley. “Also, there’s still the remnants of the disruption caused by (Superstorm) Sandy — that’s going to be less and less each day, but it’s still a factor.”.....snip~

    Well that and what Triple A was saying.....huh?

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by OpportunityCost View Post
    This may constitute a response in a Tex Avery cartoon, but here? Not so much.
    It's what you are worth.

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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by MMC View Post
    According to South Jersey AAA spokesman Rich Bradley, the most recent spike in gas prices stems partly from a refinery closure in Saint Croix resulting in one million barrels of crude oil sitting idle, combined with slowdowns at 25 percent of U.S. refineries for scheduled maintenance work.

    “Gas companies are also switching over from a winter blend to a summer blend, so there’s just not a lot of fuel out there, which is driving up cost,” said Bradley. “Also, there’s still the remnants of the disruption caused by (Superstorm) Sandy — that’s going to be less and less each day, but it’s still a factor.”.....snip~

    Well that and what Triple A was saying.....huh?
    So you go with the theory that it's seasonal and weather related.............Hardly a reason to push the panic button and have a firesale of oil leases, which something tells me would only benefit a handful of companies and in no way, shape, or form the American consumer...............

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