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Current gas price in your area?

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Harrisburg, PA

$3.75.9 per US gallon.

When I was ten, I was allowed to pump gas at my dad's
Amoco Station and it cost 0.14 cents per US gallon.

Wow! 14 cents a gallon of regular gasoline? I wonder when it will take to ever get back to that level again. Another 20 years maybe? I just wish I was living at 22 in 1998 when gasoline wasn't $3 or $4 a gallon.

about $2 per litre

Ok, now I can deal with $2 a gallon. When I was a Freshmen in college in April 2006, I remember students freaking out over paying $2 a gallon for regular gasoline. I think $2 is considered cheap these days than the shit we're paying now. I drive an Impala and before gas was this high $25 will normally do it in my tank. Now I have to pump nearly 15 gallons of gas on $50! Fucking ridiculous.
 
Today it was the highest I have seen it, 3.89/gallon. No, wait, now it's 3.90. No. . . 3.91. . . . 3.92 . . . 3.93 . . .3.94 . . . IT'S OUT OF CONTROL!!! . . .3.95 . . .3.96 . . .:eek:
 
Because all services and products depend on transportation, the increase in gas prices will cause a ripple effect on the prices of everything. The resultant inflation will cause a decrease in the value of the dollar. Because most of our oil comes from off shore, a decrease in the value of the dollar will mean that we will pay more for oil.
 
At the three stations not far from my place:

Chevron: $3.90
Texaco: $3.86
Shell: $3.90

I've been going over to Safeway though and using my club card to get gas at about $3.75.
 
Gas in Calgary is currently about $1.26/litre...I think that's about $5/gallon.

^I'm sorry, but I have to chime in on this. If you're sick of the evil evil oil companies making an enormous profit, INVEST in them! And why aren't oil companies allowed to make a profit? Do you know of any other business that is in just for kicks and just loves to lose money year after year? Didn't think so.

/rant
 
It doesn't cost substantially more money now than before to take oil out of the ground, refine it or market it. It does cost more to transport it since those tankers and fuel trucks also run on diesel and other petroleum based fuels, but in the grand scheme of things it's not much more. Hence, the costs of producing and getting gas to market are not all that much higher than they used to be.

However, if you need gas you'll pay more for it until you can't afford it or decide to use another alternative (driving less, biking more, walking more, getting a more efficient car, etc.). There's really a fixed amount of oil coming out of the ground at any time and being refined into products like gasoline. To give a simple example, if there are 10 people who need 10 gallons of gas (100 total) each, but there's only 90 gallons available, the price will rise until those people have scaled back their demands to 90 gallons.

Higher prices and stable costs mean greater profits for the oil companies.
 
$3.89 out here. I remeber when 20.00 bucks I could almost fill my tank up - and that was a Cadiliac. Heck now 20.00 dont even get me a quarter of a tank.....
 
i don't know what the price is and i don't give a fuck.
finally i get the last laugh
 
OIL COMPANY PROFIT

attachment.php


AT OUR COST

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Their profit should have stayed the same if their cost went up. Why do we have to pay more?
EDIT: Also, notice - 2001-2008 Bush Era.



Pricing is based on supply and demand. World wide demand is going up more than supplies, which pushes the prices up. That is why I feel that we should tax them and use the money to develop new technologies faster and build more mass transit. I'm not saying they should not make a profit. Of course they should, but there is still pleanty of room to tax them. And to clarify, I'm not talking about adding a tax to the price of gas. I'm talking about a direct tax to the oil companies.
 
US Gas Prices vs. Oil Prices


http://bp1.blogger.com/_pMscxxELHEg/SCpu1VVo_-I/AAAAAAAAB-g/7ASOahrZu0c/s1600-h/OilgasPrices.jpg

Note that oil prices (blue) have risen much faster recently than gasoline prices (red).


a lack of refining capacity would keep down the price of oil (because refineries are the demand side of the equation for crude oil), but increase the price of gasoline (refineries are the supply side of the equation for gasoline).

But now the demand for gasoline in the U.S. is falling, while world demand for oil is still strong. So the price of oil has risen sharply (because of global supply and demand, probably not speculation), while the price of gasoline in the U.S. hasn't kept pace as shown on the graph.

Oil Refiners See Profits Sink as Consumption Falls

Note: if you are wondering what could lead to a decline in oil prices, then global oil demand would have to slow or decline. One possibility is that growth in China could slow later this year as the world economy recouple
 
I was in San Fran a little while ago and I saw $4.29 on 19th heading to Golden Gate Park. Average was $3.89. I haven't looked recently, I'm stuck at home anyway.

In England it's something like $9 US when you do the math. It is in fact still cheaper here than in many countries.

When Bush came into office, I knew I should invest in the oil companies. It's probably not too late, either. We are just about to attack Iran, word is it's going to be a missile strike on some training bases not a full out attach (although who wants to bet against the Bush administration hoping it escalates so they can go all-out), but in any case, there are analysts (including the one that predicted last year we'd be up to $4 gas this year) who say $7 gas is a likely possibility.
 
$1.32 per Litre. Insane for an oil producing country.

Let's follow Clinton and Obama's suggestion and renegotiate NAFTA.
 
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