gas price thread

[solera ebiker]

About $2.79 /gal. Its going lower, we are getting ready to drill ANWR. Billions of barrels there. Things are looking up!

[markz]

http://www.ibtimes.com/gas-prices-pump- ... ts-1322727

The average U.S. resident actually pays anywhere between $2 and $0.90 less than the actual market value of gasoline because of government subsidies.

In Turkey, where the government finds the fuel tax relatively easy to enforce compared to other taxes, gasoline costs $9.98 at the pump. About 40 percent of the country’s workforce have under-the-table jobs and do not pay taxes, which is why the fuel tax is an important source of revenue that Turkey cannot easily afford to alter.

Norway is a major oil producing country, but the average Norwegian has to shell out $9.97 for a gallon of gas, more than twice the U.S. average. Norway doesn’t subsidize fuel at the pump; instead, it uses oil profits to fund free college education and infrastructure development.

Most Europeans pay a much higher price for gasoline than Americans do, anywhere between $6 and $10 more per gallon.

In oil producing countries in the Middle East like Kuwait and Saudi Arabia, gas is dirt cheap. Saudi Arabians pay only $0.45 a gallon at the pump, while those in Kuwait pay just $0.80.

[solera ebiker]

http://www.ibtimes.com/gas-prices-pump- ... ts-1322727

The average U.S. resident actually pays anywhere between $2 and $0.90 less than the actual market value of gasoline because of government subsidies.

In Turkey, where the government finds the fuel tax relatively easy to enforce compared to other taxes, gasoline costs $9.98 at the pump. About 40 percent of the country’s workforce have under-the-table jobs and do not pay taxes, which is why the fuel tax is an important source of revenue that Turkey cannot easily afford to alter.

Norway is a major oil producing country, but the average Norwegian has to shell out $9.97 for a gallon of gas, more than twice the U.S. average. Norway doesn’t subsidize fuel at the pump; instead, it uses oil profits to fund free college education and infrastructure development.

Most Europeans pay a much higher price for gasoline than Americans do, anywhere between $6 and $10 more per gallon.

In oil producing countries in the Middle East like Kuwait and Saudi Arabia, gas is dirt cheap. Saudi Arabians pay only $0.45 a gallon at the pump, while those in Kuwait pay just $0.80.

Ok, a few enlightening facts; Turkey is a corrupt socialist country, differencce there is, their citizens refuse to voluntarily have taxes withheld from wages, unlike us.

Norway, also socialist, does not provide free college. The government doesnt provide free anything. The people pay exorbitant taxes in their fuel purchases, and then, transfer "their" money to pay the college bill. Its so simple to see its stupid.

Now, Kuwait and the Saudis thereS a set up for you. Those guys are literally swimming in oil. Which they sell on the market, and in turn, they make enough revenue to keep their respective people happy for now.

Signed;

Sgt. Joe Friday
Just the facts, ma'am.

[solera ebiker]

http://www.ibtimes.com/gas-prices-pump- ... ts-1322727

The average U.S. resident actually pays anywhere between $2 and $0.90 less than the actual market value of gasoline because of government subsidies.

No true. The government does not "subsidies" the oil industry. Thats a lie. The tax code allows for certain deductions, depletion allowances, etc., as part of the US Tax Code. In order for you to understand the very nature of how this all comes to being is to simply understand the tax code is at the whim of the current legislative body in power, at the time of enactment. The goverments (Fed., state, local) does however, heavily taxes fuel, albeit not to the extortionist levels a socialistic government like say, Canada does to it people. Its always important to tell the story as it exists, not as some made up tale that gets told to the uninformed. For those who want to know the true cost tomthe end consumer of say a gallon of gasoline, pick up the wall street journal when your at starbucks next time, turn to the section dealing with fuel futures. That will tell you what the oil companies are getting for a gallon nof gas.

You have it completely backwards. The cost of gasoline, exclusive of taxes, is upwards of 1/2 Less of what you pay at the pump here. So, just thknk how other countriesm are screwing their citizenry.

[billvon]

Now, Kuwait and the Saudis thereS a set up for you. Those guys are literally swimming in oil. Which they sell on the market, and in turn, they make enough revenue to keep their respective people happy for now.

If Saudi Arabia - a country known for its mistreatment and subjugation of women - is an example of a country that uses its money to "keep their people happy" then I am very glad to be living in a country that doesn't keep people as "happy" as that.

[Chalo]

Now, Kuwait and the Saudis thereS a set up for you. Those guys are literally swimming in oil. Which they sell on the market, and in turn, they make enough revenue to keep their respective people happy for now.

If Saudi Arabia - a country known for its mistreatment and subjugation of women - is an example of a country that uses its money to "keep their people happy" then I am very glad to be living in a country that doesn't keep people as "happy" as that.

Yeah, ask one of the many, many foreign workers they use as servants and service workers how well they're doing in the keeping people happy department. In the meantime, they get to export their externalities (both hideous carbon emissions and political backlash) all over the world at minimal expense to themselves. Saudi is a great example of how not to do things.

[solera ebiker]

Now, Kuwait and the Saudis thereS a set up for you. Those guys are literally swimming in oil. Which they sell on the market, and in turn, they make enough revenue to keep their respective people happy for now.

If Saudi Arabia - a country known for its mistreatment and subjugation of women - is an example of a country that uses its money to "keep their people happy" then I am very glad to be living in a country that doesn't keep people as "happy" as that.

Please focus on the whole sentence, not the part you cull out to make a half baked reply. See "for now.". Recent "advancement ", as far as the Saudis are concerned, they just allowed women to drive cars. Its a slow process, think about our own culture, and how things have changed over the last 100 years in our own country.

They, the Saudis, were basically betowan tribes a mere 50 yrs ago, moving around the desert in tents. Oil, moved them in doors, with flush toilets. To know the history is to be informed.

Signed

Matt Lauer

"click"

[billvon]

So you give kudos to the Saudis because they let their women drive. And their government makes lots off their oil, and gives that money to its people to keep them happy. And that's good. But you are against socialism.

Whatever floats your boat, I guess.

[solera ebiker]

So you give kudos to the Saudis because they let their women drive. And their government makes lots off their oil, and gives that money to its people to keep them happy. And that's good. But you are against socialism.

Whatever floats your boat, I guess.

No guessing at all. Just the facts. Okay, you made me start another history lesson on you. Saudi Arabia is a monarchy. Socialism is what the EU is, and we see how thats working out. The EU has had a history of just doing dumb stuff. Twice, we had to spill our blood to bail em out.

Those who don't learn from their mistakes, tend to repeat them... did Al Gore take ccredit for that statement yet?

Currently, we have you tree huggers on the run. That alone is a warm feeling. Getting ready to drill ANWR, that will set you guys back decades. Last estimates were several billion bbls. I don't expet you to like it, but it would nice. Then again, really does it matter. Nope.

[The fingers]

Regular $2.809, Supreme $3.009 per gallon.

[billvon]

Just the facts.

You seem to have a bit of an allergy to facts.

Okay, you made me start another history lesson on you. Saudi Arabia is a monarchy. Socialism is what the EU is, and we see how thats working out. The EU has had a history of just doing dumb stuff. Twice, we had to spill our blood to bail em out.

A civics class might help you here.

Monarchy vs democracy vs a democratic republic are SYSTEMS OF GOVERNMENT. They determine how a country is governed - how laws are created and modified, how leaders gain power and how they are selected, how change is effected when needed.

Capitalism vs socialism are ECONOMIC SYSTEMS. They are methods of apportioning and valuing resources, like oil, labor and real estate.
They are not the same things as a system of government. Saying that Saudi Arabia is a monarchy, and that's unlike the EU which is socialist, is like saying that ebikes are red and that's unlike regular bikes which are fast.

Those who don't learn from their mistakes, tend to repeat them... did Al Gore take ccredit for that statement yet?

Not sure why you have this bromance thing going with Gore. You talk about him a lot.

Then again, really does it matter. Nope.

At the end of the day you're right. Renewables, mainly solar and wind, will continue to expand exponentially, as they have done for the past 10 years or so. Coal will continue to decline, no matter how many politically correct speeches happen and no matter how much political hot air is blown in the coal miner's direction. Fewer people will die as a result, and even to a die hard climate change denier, that's a good thing.

And to bring this back to gas prices, as we switch to more EV's and PHEV's (and continue to improve efficiencies on gas-only vehicles) demand will go down in the developed world. Worldwide, gas demand will flatten, as the competing forces of greater demand from developing countries is offset by less use due to alternatives and higher efficiency. And that's also good overall.

So the future looks OK, provided we can get the deniers, the anti-science types and the uneducated out of the way.

[solera ebiker]

Just the facts.

You seem to have a bit of an allergy to facts.

Okay, you made me start another history lesson on you. Saudi Arabia is a monarchy. Socialism is what the EU is, and we see how thats working out. The EU has had a history of just doing dumb stuff. Twice, we had to spill our blood to bail em out.

A civics class might help you here.

Monarchy vs democracy vs a democratic republic are SYSTEMS OF GOVERNMENT. They determine how a country is governed - how laws are created and modified, how leaders gain power and how they are selected, how change is effected when needed.

Capitalism vs socialism are ECONOMIC SYSTEMS. They are methods of apportioning and valuing resources, like oil, labor and real estate.
They are not the same things as a system of government. Saying that Saudi Arabia is a monarchy, and that's unlike the EU which is socialist, is like saying that ebikes are red and that's unlike regular bikes which are fast.

Those who don't learn from their mistakes, tend to repeat them... did Al Gore take ccredit for that statement yet?

Not sure why you have this bromance thing going with Gore. You talk about him a lot.

Then again, really does it matter. Nope.

At the end of the day you're right. Renewables, mainly solar and wind, will continue to expand exponentially, as they have done for the past 10 years or so. Coal will continue to decline, no matter how many politically correct speeches happen and no matter how much political hot air is blown in the coal miner's direction. Fewer people will die as a result, and even to a die hard climate change denier, that's a good thing.

And to bring this back to gas prices, as we switch to more EV's and PHEV's (and continue to improve efficiencies on gas-only vehicles) demand will go down in the developed world. Worldwide, gas demand will flatten, as the competing forces of greater demand from developing countries is offset by less use due to alternatives and higher efficiency. And that's also good overall.

So the future looks OK, provided we can get the deniers, the anti-science types and the uneducated out of the way.

Wow, you either flunked civics, or your a mellenial that wasnt taught it. Well, you're in luck, i'm here for ya. Google this, Billy, elections in an Monarchy. Or, How in a representative republic, do the people decide their fate.

Now a quick math lesson; when one is doubled, that sum is two. That is exponential. It doesn't amount to squat, but its still double. You can make claims, but then reality steps in and makes you look, well, just wrong. Fact, we have drilled and discovered more gas reserves, than in the short history of our country. Easily another 150 yrs worth of supply. Plans are being drawn to drill ANWR. The greenies will go nuts, but who cares, nobody actually. All the credits for EVs are in real economic terms, the only thing making those jokes viable. You can't even get socialist Bernie elected, why, because your own party submarined him. That, was beautiful. She cut his legs out, and you all just went along.

There will be more drilling on federal lands, discovering more oil and gas over the next decade. I love how your kind, upped the "allowed" number of Bald Eagles to be chopped up by wind mills. Guess you missed that regulation change, huh. Or, those solar farms, like the ones in Nevada, that literally vaporize the birds as they fly into the collector.

All this is just, wait for it, "smoke and mirrors". Man, that was good .

Listen, keep dreaming, I need to light my stove and make some smoke, maybe remote start my SUV to warm it up, before I drive to the mall, to look at RV magazines. Fuel is so cheap, I figure something getting 8 mpg, might drive a greenie or two apathetic.

You have a nice day, all.

Signed,

Roy Moore
Next senator from the great state of ALABAMA <Forest Gump.

P.S.

I told you all, I didn't sign that yearbook.

[The fingers]

Regular $2.70, supreme $2.90 per gallon.

[The fingers]

Regular $2.73, supreme $2.98 per gallon.

[FlyingFinn]

In Finland regular is 7.5$ per gallon and supreme around 8.5$. VAT is 24% and income tax is up to 55%.
Car purchase taxes (VAT + cumulative car tax) is around 60%. Ownership taxes and mandatory insurances are about 2000$ a year even if you don’t drive a mile. On top of that you have to have two sets of tires one for summer and one for winter either studded or not. A set of studded tires is 1000$ and they worn out in two years.

[edcastrovalley]

It's $2.499 by my house here in the SF Bay Area and the news said it will be going up to $4.00 soon. I'm surprised this thread hasn't been lighting up!

Of course, I drive all electric so no pain for me.

[The fingers]

Regular $3.26, Supreme $3.48 per gallon.

[LockH]

Bettery-electrics looking more and more "affordable".

[billvon]

Bettery-electrics looking more and more "affordable".

Prices at the historically high gas station at the bottom of the hill in Sorrento Valley:
Regular 3.89
Premium 4.09

[LockH]

^^ I lust. And miss the daze when I used to drive a car to work (so I could afford the gas and the car loan payments, etc.) Errrm... waitasec...

[LockH]

Oil surges toward $70 and stirs dreams of $100
("Western Canadian prices are climbing too, but the rise could be temporary"):
http://www.cbc.ca/news/business/oil-oil ... -1.4626790

Starts:

Three years after the devastating oil price crash, optimism is back in the industry as prices are surging toward $70 US per barrel, and thoughts of $100 return.

The rosy outlook is a far cry from early 2016, when prices dropped below $30 US per barrel.

The enthusiasm has even spread to Alberta, although it is tempered. Prices are climbing on the Prairies, at least for the time being.

First, Bloomberg reported one week ago Saudi officials were pushing to get oil up to $80 a barrel, then Reuters reported some are now talking of hitting the century mark.

BUY! BUY! (Shares in ebike manufacturers...)

[edcastrovalley]

It's $3.69 here by my house here in the SF Bay Area but I was over in Livermore last night where it was $4.09 . These were both for the cheap grade.

The funny thing is I see my last post here two months ago gas was $2.49 per gallon and that's with the current price sitting at $3.69 for a couple weeks now. To me this really shows how volatile gas prices are.

[jimw1960]

I have no idea what the gas price is in Central Texas. I started riding my bike (regular bike, not my ebike) to work most days. I filled my truck a month ago and it is still sitting near full. It could go to $10 a gallon for all I care. In the meantime, I've dropped 10 lbs and am in the best shape I've been in for the past 20 years. My son goes off to college in September, and he's getting a bike, not a car; he doesn't even have a driver's license. After Hurricane Harvey last year, there were huge lines and people fighting over gasoline--didn't affect me one bit as I rode by on my bike and laughed at all the suckers addicted to gasoline. To hell with gas and all the troubles it causes in this world.

[The fingers]

Regular $3.49, supreme $3.74 per gallon.

[edcastrovalley]

I have no idea what the gas price is in Central Texas. I started riding my bike (regular bike, not my ebike) to work most days. I filled my truck a month ago and it is still sitting near full. It could go to $10 a gallon for all I care. In the meantime, I've dropped 10 lbs and am in the best shape I've been in for the past 20 years. My son goes off to college in September, and he's getting a bike, not a car; he doesn't even have a driver's license. After Hurricane Harvey last year, there were huge lines and people fighting over gasoline--didn't affect me one bit as I rode by on my bike and laughed at all the suckers addicted to gasoline. To hell with gas and all the troubles it causes in this world.

That's awesome. I only notice gas prices because I sit at a traffic light next to a gas station that has 8 pumps with hoses on both sides that serves 16 suckers at a time and this station is always full!

At least I'm sitting in an electric like this one.

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