How bout them prices eh?

Author Topic: How bout them prices eh?  (Read 3339 times)

Offline Stacked440

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How bout them prices eh?
« on: May 17, 2007 - 11:02:57 PM »
Gas a little ridiculous now adays? :roflsmiley:  It just hit 3.50 in West Michigan.
-Kyle-
1971 Challenger R/T clone 440/5-spd
1973 Duster - 5.7L Hemi swap project




Offline 71340RT

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Re: How bout them prices eh?
« Reply #1 on: May 17, 2007 - 11:06:10 PM »
I seen it for $3.28 today and it made me sick.


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Offline Finoke

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Re: How bout them prices eh?
« Reply #2 on: May 18, 2007 - 04:10:05 AM »
I should have stuck with my 340 six pak instead of doing a hemi car  :banghead:

Offline moparmaniac59

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Re: How bout them prices eh?
« Reply #3 on: May 18, 2007 - 04:20:15 AM »
I'm waiting to see what prices racing fuel will rise to!!! :22yikes:

                                                Matt B.
Matt

Offline BIGSHCLUNK

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Re: How bout them prices eh?
« Reply #4 on: May 18, 2007 - 06:38:47 AM »
Been averageing 3.39 (regular) in the Milwaukee area. Notice you never hear about a "shortage" anymore??? All the oil companies are in bed together, so there is NO competion. We have 2 tank farms here... they supply EVERY staton in the area.   :villagers:  :swear:  :stomp:  :pullinghair:  :banghead:  :sadwavey:  :horse:
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Offline wiging19

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Re: How bout them prices eh?
« Reply #5 on: May 18, 2007 - 08:24:21 AM »
:roflsmiley: I feel lucky to get $3.42 out here in the Pacific Northwest.  Paying over $3.50 isn't that uncommon here.  We've been having gas spikes like this since 2000.  That is when I started noticing every year around this time the production shifted from winter to summer and they did their maintenance in between that transition.  Of course this is always the month before the highest driving day of spring.  I've been watching the rhetoric the gas companies have given for this: no new factories built in thirty years (no mention of the number of the production facilities closed), increased consumer demand and the average mile per gallon per vehicle declining.

A lot of their actions are very similar to what Enron did to manipulate prices.  Companies like Enron didn’t learn these tools in a vacuum.  It is something that people in the industry do to insure profit.  So is it a surprise the gas companies have been doing this for years.  That regulator’s haven’t found any wrong doing in blatant actions doesn’t mean it wasn’t a plan capacity issue.  They make more money by causing shortages where their costs stay the same and they make more profit for a specific time period.  Unfortunately instead of taking profit for only one or two months a year they’ve gotten greedy to the point it is an obvious problem to the average commuter.  I’m not feeling bad  for the oil companies that there is talk of breaking them up and taxing the profits on this capacity issue.  In my eyes the oil companies deserve some pay back for being too greedy.  It is like the air lines where each doesn’t want to be the one to lower prices first.  So the capacity issue got to the point they had to know they were going to get caught. 

Offline burnt orange

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Re: How bout them prices eh?
« Reply #6 on: May 18, 2007 - 08:24:46 AM »
 :canada:
All conversions done - I paid equivalant of $4.41US this morning to fill up my .....Yaris!!!  :-[

Yes, Yaris. I know, but I have an hour commute each way and, well, I throw on a Dire Straits CD and just go to my happy place. 

Saving the Barracuda for those sunny weekends :jumping:
< ° ) ) >< 

Offline js27

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Re: How bout them prices eh?
« Reply #7 on: May 18, 2007 - 09:48:46 AM »
I filled up last night and paid $ 3.00 a gallon for middle grade here in SC,
JS27
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Offline jeryst

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Re: How bout them prices eh?
« Reply #8 on: May 18, 2007 - 10:34:51 AM »
$299 for lowest grade this morning in western PA.

They either need to remove the oil companies from the stock market (speculation over every camel fart causes prices to rise) or they just need to step in and nationalize the oil companies like other countries are doing. It's a sad thing when the oil companies pump out our oil and sell it to China instead of providing it to us at a cheaper cost like most of the Middle Eastern countries do. I think I read that in the UAE, gas is like $.10/gallon, because they take care of their own citizens first.

That's the problem with this country. It is driven by greed instead of compassion and common sense. It's no wonder so many countries hate us.

Offline 71bigblock

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Re: How bout them prices eh?
« Reply #9 on: May 18, 2007 - 10:40:24 AM »
I know prices are high, but are people driving less?  I think it has to hit $4.00 before people seriously stay home and not think about going out.  Just a thought.   :2cents:

Offline MOPAR FANATIC

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Re: How bout them prices eh?
« Reply #10 on: May 18, 2007 - 10:51:16 AM »
 :pullinghair: 3.39 here in st paul,wait untill next week with memorial day coming guessing 3.75-4.00 a gal.  :swear:
« Last Edit: May 18, 2007 - 12:31:55 PM by MOPAR FANATIC »
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Offline ragtopdodge

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Re: How bout them prices eh?
« Reply #11 on: May 18, 2007 - 10:58:47 AM »
$3.61 for Premium here in Seattle.

Sux, while Exxon Mobil, Chevron, Conoco, etc, are making billions a quarter in NET PROFIT!  ON the backs of us! :swear:

Tons of oil, but the refineries are curiously shutdown for maintainance. :drama:

I need to start commuting by electric car. :burnout:
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Offline ted

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Re: How bout them prices eh?
« Reply #12 on: May 18, 2007 - 12:26:59 PM »
Went to one 2 day show this year and no cruise nights, can't  afford to.
74 cuda, 70 challenger r/t

Offline moparclown

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Re: How bout them prices eh?
« Reply #13 on: May 18, 2007 - 01:50:58 PM »
I just purchased some VP racing fuel at $7.25 a gallon,won't be running the cuda much this year.
I have noticed a lot less cars on the road at night and also last weekend on the highways it was very quiet.

Offline MEK-Dangerfield

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Re: How bout them prices eh?
« Reply #14 on: May 18, 2007 - 04:01:53 PM »
There is ALWAYS an excuse to raise the price of gas. Fear of terrorism in the Middle-east. Fear of refineries not operating at capacity. Fear that our supplies are low. There's a hurricane coming...Oh, me, oh my. All the oil companies made record profits recently. Care to guess why? We are girbils in an experiment.  :dupe:


  Mike

Mike

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