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OT Gas??

  • Thread starter Thread starter 95YellowGTbeasT
  • Start date Start date May 23, 2004
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95YellowGTbeasT

New Member
Mar 4, 2003
605
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0
South Carolina
May 23, 2004
#1
  • May 23, 2004
  • #1
Anyone know if gas prices are every going to go down??


I think its a governemtn sceame to make the economy go up



Nick
 

xr8d302

I bought a 27" monitor to compensate for my lack o
Apr 29, 2004
1,113
0
36
Medicine Hat, AB
May 23, 2004
#2
  • May 23, 2004
  • #2
It's retarded. I wanna go postal
 

Venom351R

Founding Member
Apr 27, 2002
4,548
41
98
MAINE
May 23, 2004
#3
  • May 23, 2004
  • #3
OPEC just cut a deal w/ Iran or Iraq cant remember which but they agreed to start produceing 20 Million more barrels of oil then they currently are. This will take place starting in June but may take a bit longer for it to effect us here in the US.
 

1105

I AM the random post master...bow down
May 3, 2003
3,841
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0
Daytona Bch, FL
May 23, 2004
#4
  • May 23, 2004
  • #4
I dont know whats going on but it needs to stop.
 

ARed1995GT

New Member
Dec 9, 2003
401
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0
Boca Raton, FL
May 23, 2004
#5
  • May 23, 2004
  • #5
i can't wait for the gas prices to increase even more! i love spending $$$ on gas
 
1

1hot5.0

Founding Member
Sep 6, 2002
1,615
0
0
Surprise, Arizona
May 23, 2004
#6
  • May 23, 2004
  • #6
It can't be like this forever.
 

Mrgreen94gt

SIMMA DA NA!!!
Founding Member
Jul 16, 2002
448
0
0
West TN
May 23, 2004
#7
  • May 23, 2004
  • #7
I'm already longing for the days of $1.35 for regular. Hell, the mere thought of $1.15 practically gives me wood.
 

VIPERn94Five-0

Founding Member
Apr 28, 2002
3,352
2
58
Poughkeepsie, NY
May 23, 2004
#8
  • May 23, 2004
  • #8
dude i wish the price of 93 would drop down to $2.00!...its around $2.30 give or take $.05.....i hope it gets better



Anthony
 

GTJake

Founding Member
Oct 28, 2002
3,049
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56
Ann Arbor, MI
May 23, 2004
#9
  • May 23, 2004
  • #9
Striped5.0 said:
OPEC just cut a deal w/ Iran or Iraq cant remember which but they agreed to start produceing 20 Million more barrels of oil then they currently are. This will take place starting in June but may take a bit longer for it to effect us here in the US.
Click to expand...

Pretty sure its Saudi Arabia.

The main problem is U.S refinaries. We get most our oil from Venezula, Canada and other places, but U.S. refinaries are becoming less and less so it's harder to refine the oil. The U.S actually imports gas that has already been refined because they can't do it all themselves.

Jake
 

WhiteDevil

New Member
Feb 4, 2003
2,717
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San Diego
May 23, 2004
#10
  • May 23, 2004
  • #10
91 is 2.59 here in San Diego. I hate this. its such a rip off.
 

JJ95GTID

Active Member
Sep 22, 2003
1,141
4
49
Phoenix, AZ
May 24, 2004
#11
  • May 24, 2004
  • #11
Raising the price of gas by the government would not be a way to improve the economy. In fact just the opposite. By having higer gas prices trucks that ship the products we buy have to spend more on fuel. Then that extra cost is pushed onto the consumer by increasing the price of goods. Has anyone noticed that the price of food has gone up at the grocery store. It has.

91 octane is 2.239 the last time I filled her up.
 

5.0 from 95

Founding Member
Nov 6, 2001
738
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0
Emory, TX
May 24, 2004
#12
  • May 24, 2004
  • #12
In my little corner of Texas, we normally see higher prices than places around us, but it just now hit $2.02 for 93 here. I am thankful.


Paul
 

swingline

New Member
Sep 18, 2003
1,252
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0
TCB - Taking Care of Business
May 24, 2004
#13
  • May 24, 2004
  • #13
JJ95GTID said:
Raising the price of gas by the government would not be a way to improve the economy. In fact just the opposite. By having higer gas prices trucks that ship the products we buy have to spend more on fuel. Then that extra cost is pushed onto the consumer by increasing the price of goods. Has anyone noticed that the price of food has gone up at the grocery store. It has.

91 octane is 2.239 the last time I filled her up.
Click to expand...

Also, by having less money in our pockets because of the high gas prices we don't spend as much money on extra goods and services.
 

Venom351R

Founding Member
Apr 27, 2002
4,548
41
98
MAINE
May 24, 2004
#14
  • May 24, 2004
  • #14
WhiteDevil said:
91 is 2.59 here in San Diego. I hate this. its such a rip off.
Click to expand...

well you live in CA, everthing there is a rip off. Cheapest place for 93 Octane here is the mobil up the road from me its $2.19. Its always cheaper then the other 2 mobil's in town that are up to $2.27 for 93.
 

swingline

New Member
Sep 18, 2003
1,252
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0
TCB - Taking Care of Business
May 24, 2004
#15
  • May 24, 2004
  • #15
Man, I wish 93 was $2.19 here (Arkansas).
 

go.rei GT

New Member
Nov 29, 2003
267
0
0
Az
May 24, 2004
#16
  • May 24, 2004
  • #16
GTJake said:
Pretty sure its Saudi Arabia.

The main problem is U.S refinaries.
but U.S. refinaries are becoming less and less so it's harder to refine the oil.

Jake
Click to expand...

You are right in a general sense. It's not that the refinery is the problem, or that there are "less" refineries in the country. There just haven't been any built since 1979 (edit:in Gary, Indiana). My uncle is actually in the process of trying to build one in Az. Now, the reason there haven't been any built in over 20 years is because of corrupt gov. agencies (see "greenie" environmentalists), and a misinformed public (who takes everything the said agencies spew as holy doctrine). I have had the privilege of seeing this first hand, and it is truly surprising, just what a few corrupt people in important positions can influence. My uncle began his project in the early 90's, and there still isn't even broken ground. The policies, regulations, testing, permits, ect. are all ever-changing sometimes as rapidly as on a weekly basis. One can imagine how this affects specifically engineered equipment (and its use) as one of numerous examples of how they stall things. I could go on for pages (did a 19 page paper in school), and it's pretty interesting, but you guys don't want to read it

Oh, and rumors in the industry are $3/gallon before we start to see a drop...lets hope it's only gossip.
 

propellerhead

New Member
Apr 13, 2004
1,541
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0
"but what's with the but shots?"
May 24, 2004
#17
  • May 24, 2004
  • #17
One of my neighbors works for a refinery. He said a lot of the cost increases (not just the recent one but even those from before) are due to environment friendly rules they have to put up with. Each city, each county, each state has its own rules. Like they can't just refine one type of gas for everyone. They have to do it differently for each city/state. Hence, production costs shoot up.

I don't have any more details. This is all I remember from a casual conversation.
 

go.rei GT

New Member
Nov 29, 2003
267
0
0
Az
May 24, 2004
#18
  • May 24, 2004
  • #18
He was right. For example here in Az we have an avg. gas price in the top five in the country. The primary reason for this is because in Maricopa and Pima Counties (has the big cities such as Phoenix, Scottsdale, Mesa ect.) reformulated gas is required. These have the specific additives of either ethanol or MTBE (determined by the time of year). This is much more expensive compared to a fuel without any additives. The primary increase in costs is due to the refinery having to change things on equipment to accomodate different mixtures. Usually there is still a shutdown in order to do this, lowering production, pissing off the public who watches the news that says the govt. is blaming the refineries and the "oil industry." HMM... maybe they should point there finger somewhere else...No the refinery should spend millions to add equipment and be prepared, so there is no stoppage in production. Meanwhile, a new lower regulation for benzene has been issued, so first spend millions to "update" equipment for the new regs. This is a continuous cycle, and why there cannot be a substantial increase in production. Yet, there is always a higher demand=higher prices.
 

95YellowGTbeasT

New Member
Mar 4, 2003
605
1
0
South Carolina
May 24, 2004
#19
  • May 24, 2004
  • #19
well its not bad here its like 1.80 cents a gal but its gay i use to only pay 1.49 a gal for prem.


Lets go drill in alaska boys!!!
 
H

HazMat404

Founding Member
May 24, 2002
1,749
0
36
May 24, 2004
#20
  • May 24, 2004
  • #20
yeah, its around 2.40 for 93 here (some places only have 91 and its still 2.40 ). was in chicago about a week ago and it was like 2.70. im sure its even higher now cause ithink we just had a small hike this weekend. thank god i get a great 16mpg....hahaha
 
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