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just paid $3.85 a gallon

alembic76407 said:
and it keep's dropping, it's down to $2.33 a gallon.
Oklahoma is a great place to be poor !!!

Damn!

The oil market here in Iceland is very bad. When the prices go up, they tend to stay there :(

Icelandic oil companies very rarely drop the gas prices, not unless the world market price droppes very significantly. Then they lower the price just a tad, but never enough.

Let's say that the price jumped from $2 to $3 and then goes back down to $2. Here in Iceland they would raise the price immediatly, and then maybe a couple of weeks after the world market price has dropped, they maybe drop the price down to $2.5-$2.6 :(
 
MJ5150 said:
I don't want to be too nosy, but how are you European folks able to afford gas that is $6 and more a gallon? What kind of hourly wages do you make??? For someone in the USA who makes $20 an hour, $3 a gallon here in the USA is spendy.

-Mike

We don't have any dodge or shelbys that have 5 litre engines. For example the car called "smart" -which is pretty popular- has a 698 cc engine and spends only 4.8 litres per 100 km.
 
westland said:
I can speak for Hong Kong ... we drive small cars (and tax the devil out of SUVs) and build our cities up (not out) so we can walk everywhere; and we run a fast and packed Metro train (we even have 'pushers' to crowd the people in during rush hour). Each Metro station has 40 story high-rises built on top of them housing perhaps 100,000 for the station community, with the bottom three levels dedicated to shopping malls. Lifts take people down from their apartments to the metro trains.

Some of this may be because of the extreme popluation density in Hong Kong compared to the US. Hong Kong is approximately 425 square miles and had a 2002 population of approximately 6.8 million people. That's roughly 16,000 people per square acre. The US, by comparison, has a 2005 estimated polulation of 281,421,906 over 3,537,411 square acres, or roughly 80 per square acre. I would assume that the demand for dense urban zones, small cars and urban efficiency is driven simply by necessity, rather than earth-friendly urban planning.
 
AuG said:
I paid 2.79 a gallon last night. :rollno:
Want to cut gas prices down? Don't buy ExxonMobil. Besides I don't like paying some fat jowled exec's 400 million retirement fund, and I would bet that neither do you. AuG

What is the big deal with ExxonMobil?

That retirement fund is small potatoes considering the billions and billions of dollars that passes through the petroleum industry. If he gave it all up and put it towards lowering gas prices, you'd MAYBE see a couple cent drop in price for a few days.

The big problem is still the OPEC cartel. The prices in the US are right about where they should be, if you extrapolate the same ratios and calculations that gave us cheap gas years ago. Proportionately, we should be somewhere between $2.75 and $3.00 a gallon with $70/barrel crude, which is about where we are.

If the government (state AND federal) really cared about high gas prices, they'd slash the ridiculous taxes added on to each gallon of gas. It's the second biggest cost in a gallon (the price of crude is the first). Oil companies only earn about 9 cents per gallon. New York, on the other hand, takes about 40 cents per gallon (including sales tax) and the Fed.gov takes 18.4 cents per gallon just for the privilege of pumping the gas.

The whole thing sucks and I don't like it any more than you do. I DO want to see the oil industry making a profit, though. If they don't, they won't be able to build more refineries which would increase capacity, probably lowering the price in the long run. As long as the environmentalists let them build the facilities.
 
I think you missed my point.
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Eh, he's doing his job and making them profits, which is what the shareholders demand. He must have done a good job. It's Exxon's money and their decision on what to do with it. The package was probably negotiated a long time ago.

I'll buy gas where it's cheapest and save what I can by planning my trips and smart driving. State and Federal government took $180 billion off of Exxon's sales versus the $36 billion profit that Exxon got to keep; we should be upset about that. Exxon isn't supposed to represent us, they're not a charitable organization. They're a company that is supposed to maximize profits for their shareholders. If the package is out of line, the shareholders will hold them accountable. If they think he deserved it, well, they know more about what he did for a living and how effective he was than you or I. However, the government IS supposed to represent us, and they are gouging a heck of a lot more than "Big Oil" or anyone else.

Oprah Winfrey makes $285 million a year for gabbing away on TV for an hour; that mostly comes from advertising, which is passed on from the prices you pay from the companies that pay her. Where's the outrage?
 
Here in the Nation's Capitol I've seeen prices of between 3.05 to 3.15 for premium. I always use that Premium benchmark 'cos when that price goes down it makes filling up my wife's huge minivan less painful.

I would walk a lot more, and in my neighborhood I can. BUT - if you are in a Big Hurry and have to take a 4-year old on the trip wiith you it is much easier to strap her in the car, go, get what you need, strap her back in, then go home.

It's lazy and American, I know, but any of you with small kids know that a shopping trip which will take you 15 minutes by yourself can take MUCH longer with a small child in tow. There are just too many things to see when you walk - dogs and their owners to talk to, bugs to see, friends to chase, all kinds of yucky things to pick up, and then toys and sugary snacks to Demand when you are in the store...

Damn, it's spring, and suddenly I wish I was a kid again.
 
Maybe if gas goes over $4/gallon and stays there, real public transportation changes will occur here in the US. I'm still lucky that I'm able to take a bus to/from work. But, I still need my own car for anything I need to do at night or on weekends because there's limited public transportation service.

I have noticed the weekday buses have been much more packed over the last month. Sure I have to hold my bass in my lap now (I practice during lunch at work) but if more people ride each bus then there's that much less of a chance for a price hike due to soaring gas costs.

Oh yeah, in keeping with the original topic, I paid $3.019/gal the other day to fill up my car. The last time I filled up it was only $2.549/gal. Today, gas is now $3.109. The price has been going up every day for the last two weeks here.
 
Diggler said:
Eh, he's doing his job and making them profits, which is what the shareholders demand. He must have done a good job. It's Exxon's money and their decision on what to do with it. The package was probably negotiated a long time ago.

I'll buy gas where it's cheapest and save what I can by planning my trips and smart driving. State and Federal government took $180 billion off of Exxon's sales versus the $36 billion profit that Exxon got to keep; we should be upset about that. Exxon isn't supposed to represent us, they're not a charitable organization. They're a company that is supposed to maximize profits for their shareholders. If the package is out of line, the shareholders will hold them accountable. If they think he deserved it, well, they know more about what he did for a living and how effective he was than you or I. However, the government IS supposed to represent us, and they are gouging a heck of a lot more than "Big Oil" or anyone else.

Oprah Winfrey makes $285 million a year for gabbing away on TV for an hour; that mostly comes from advertising, which is passed on from the prices you pay from the companies that pay her. Where's the outrage?


Oh Dig, don't get me started on her. :p
My only point was: Nobody needs 400 million to retire. Ridiculous. :scowl:
 
Its above $3.00 here even at the cheap stations.

All in all, I'm only out about $5 extra bucks per tank.... i think. i dunno.

Where my parents live, it would take me 2 or more hours to get anywhere by bus... so i pretty much have to have my truck.

If it gets above $3.50, I will probably take my dad up on his offer to get me a bike... And I'll take him into a nice trek road bike.