REDICULOUS GAS PRICES!
08-31-2005, 02:26 PM
#21
1.0 BAR
Join Date: Aug 2005
Posts: 602
Re: REDICULOUS GAS PRICES!
gas it the 808 state (hawaii) is 2.80reg 2.99mid prem3.10
i need to buy a moped
its funny though we are supposed to be dependent of "foriegn oil" hurricane hits the gulf and our gas prices go up sounds like a scam!!! i want to call that "price gouging" number i saw on fox news
why cant they deposit the oil at a different port other than mississippi?
hell even in hawaii we have an oil refinery!
i need to buy a moped
its funny though we are supposed to be dependent of "foriegn oil" hurricane hits the gulf and our gas prices go up sounds like a scam!!! i want to call that "price gouging" number i saw on fox news
why cant they deposit the oil at a different port other than mississippi?
hell even in hawaii we have an oil refinery!
08-31-2005, 02:30 PM
#22
3.0 BAR
Join Date: Jan 2005
Posts: 2,877
Re: REDICULOUS GAS PRICES!
Originally Posted by BlackDragon
its mostly cuz of china and their economy. They now how mass industrial power and they are hogging all the god damn oil. Now more countries need oil and the gas company saw this as an oppurtunity to be greedy. They know we need it so what they do..jack up the price. Supply and demand my friend.
china has nothing to do with it being as only a very small fraction of our oil comes from the same place as them. most of our oil comes from the caribbean and south america. we only get ~8% of our oil from the mid-east. even if oil conumption rises 15% and we have to soley rely on our reserves, we have enough oil for 35 years, that shows you oil quantity isnt the problem, turning crude into usable gasoline is where the bottle neck is. the major oil companies know that and they exploit it by not building more refineries and lowering the surplus of gasoline in this country. supply and demand is simple and oil refining companies have mastered it.
08-31-2005, 02:36 PM
#24
3.0 BAR
Join Date: Dec 2003
Posts: 8,155
Re: REDICULOUS GAS PRICES!
Originally Posted by Racintweek
Originally Posted by BlackDragon
its mostly cuz of china and their economy. They now how mass industrial power and they are hogging all the god damn oil. Now more countries need oil and the gas company saw this as an oppurtunity to be greedy. They know we need it so what they do..jack up the price. Supply and demand my friend.
china has nothing to do with it being as only a very small fraction of our oil comes from the same place as them. most of our oil comes from the caribbean and south america. we only get ~8% of our oil from the mid-east. even if oil conumption rises 15% and we have to soley rely on our reserves, we have enough oil for 35 years, that shows you oil quantity isnt the problem, turning crude into usable gasoline is where the bottle neck is. the major oil companies know that and they exploit it by not building more refineries and lowering the surplus of gasoline in this country. supply and demand is simple and oil refining companies have mastered it.
I'll rephrase my saying..china isn't the main reason but its one of the many new problems why its high.
And to tell you the truth i really dont see any reason why we need to drill our own oil. It will be a long as time till its available and it wont last us that long. We should really just reserve it for future war or other important matters.
08-31-2005, 03:02 PM
#27
0.5 BAR
Join Date: Mar 2004
Posts: 66
Re: REDICULOUS GAS PRICES!
americas reserves have about 700million barrels, which would not last the entire US for too long. Prices also come from the oil companies knowing that they can control the prices without much interference from the government (most politicians way is paid by oil <cough>bush<cough> (and i even voted for him...)). oil is also disappearing. at this point, it's getting more costly to find new places to drill, and it's coming to a point where it's not worth the cost to the oil companies. But china does have some to do with it too. if their industrial revolution stumbles or falls, we would definitely see a little bit of a relief in prices.
08-31-2005, 03:15 PM
#28
3.0 BAR
Join Date: Jan 2005
Posts: 2,877
Re: REDICULOUS GAS PRICES!
Originally Posted by Sonny7730
americas reserves have about 700million barrels, which would not last the entire US for too long. Prices also come from the oil companies knowing that they can control the prices without much interference from the government (most politicians way is paid by oil <cough>bush<cough> (and i even voted for him...)). oil is also disappearing. at this point, it's getting more costly to find new places to drill, and it's coming to a point where it's not worth the cost to the oil companies. But china does have some to do with it too. if their industrial revolution stumbles or falls, we would definitely see a little bit of a relief in prices.
if we only have 700million in US reserves then oil would last us way less than you could possibly imagine.700million gallons can be produced in les than 2 weeks. we would be stupid to leave that little in our reserves. yearly WORLD consuption is 30 Billion barrells. oil companies would not control the price of our reserves since the Gov't owns it, the Gov't would ration gasoline as they did in the 70's. and there is not one single reputable source on the entire planet to say how much oil is left underground, its impossible and has been proven many times.
go do some research before you come on here babbling about something you obviously have no clue about
08-31-2005, 03:33 PM
#29
1.5 BAR
Join Date: Jun 2003
Posts: 1,408
Re: REDICULOUS GAS PRICES!
the U.S. PRODUCES HALF of the oil it consumes yearly. If we actually gev a ---- about not being gluttonous pigs we'd probably only have to farm out 20% or so to other countries. This isn't really the problem, as somebody pointed out, It's the REFINERIES that got smashed up by that storm so gas production is supposedly going to drop. I think it's all a bunch of ---- that we're being fed and the oil companies really do run the U.S.
And what the ---- does China have to do with anything? They recycle their own farts over there. They get their oil from Russia anyway....
Wait... didn't Russia invade the Middle East as some point in the 70-90's? Maybe there's a correlation?
And what the ---- does China have to do with anything? They recycle their own farts over there. They get their oil from Russia anyway....
Wait... didn't Russia invade the Middle East as some point in the 70-90's? Maybe there's a correlation?
08-31-2005, 03:43 PM
#30
0.0 BAR
Join Date: Dec 2002
Posts: 0
Re: REDICULOUS GAS PRICES!
Originally Posted by Doofnoil
the U.S. PRODUCES HALF of the oil it consumes yearly. If we actually gev a ---- about not being gluttonous pigs we'd probably only have to farm out 20% or so to other countries. This isn't really the problem, as somebody pointed out, It's the REFINERIES that got smashed up by that storm so gas production is supposedly going to drop. I think it's all a bunch of ---- that we're being fed and the oil companies really do run the U.S.
And what the ---- does China have to do with anything? They recycle their own farts over there. They get their oil from Russia anyway....
Wait... didn't Russia invade the Middle East as some point in the 70-90's? Maybe there's a correlation?
And what the ---- does China have to do with anything? They recycle their own farts over there. They get their oil from Russia anyway....
Wait... didn't Russia invade the Middle East as some point in the 70-90's? Maybe there's a correlation?
they were at war with afganistan & the rebels there. they were trying to extend the iron curtain.
the government, liberal politicions, and various enviromental groups wont allow new refineries in the US.
