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Gas Prices through the roof


sterling

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At least it's still available. Was it just California, or did the rest of the country push your cars around the block-long lines in 1973 and 1978 just to get some gas? And, what about the odd and even numbered days that determined if you could gas up at all on a particular day? In 1978, my wife and I were lucky enough to have one odd numbered plate car and one even numbered plate car, so we could get some gas on any day! At least my Sumbeam Tiger was a cinch to push in the gas lines! Ohhh, the memories :rolleyes: Kirk.

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$3.05 is the LOWEST price in San Diego County today.

Don't worry though, Bill O'Reilly has been on the "Shame on the Oil Companies" case since last week. Now the Democrats are starting to gripe for political gain also. That's about the time the prices stop rising.

Once again, the protected greedy big oil companies are giving capitalism a bad name...

But if the GOVERNMENT ran the oil business, we'd be paying about $5.00 a gallon right now. $2.50 for real market price + $2.50 government surcharge tax to cover their waste and corruption. frown

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I'm not worried about the current price of gasoline...I am worried about the future availability of gasoline...We are on the edge of losing big if a major disruption in supply should happen...And the disruption could come from anywhere...terrorists...mentally ill world leaders who want to see what would happen if the dropped an A-bomb...mother nature and her hurricanes...Refineries that catch on fire...The list could go and on...Gasoline has had it's day...We can no longer let the big oil producers have so much influence on the future of our world...Alternatives have always been available...But the price of oil has always been too low to justify trying to develop something new...That is all beginning to change...But the fruits of the new technology on the way may come too late to stop another energy crisis from trashing the global economy.

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haha If Phil were telling it, I'd be playing an accordian... which I have never even touched!

I doubt that it makes you all feel better, but I was up in Fairbanks, Delta Junction, and Ft. Greely on Friday. Gas in Fairbanks was $2.98/gal. I topped off in Delta with $3.33/gal, then drove on down the highway alongside the Alaska oil pipeline snaking south through the passes (the pipeline, not me), and fueled up again in Copper Center at $3.13/gal.

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FYI: Our US Senator Debbie Stabenow is introducing a bill to eliminate the FIVE HUNDRED MILLION DOLLAR ANNUAL TAX BREAK given to the oil companies by the government. Why do they need that kind of subsidy when they are making BILLIONS in profit?! mad You have probably heard that EXXON-MOBIL made PROFIT of THIRTY-SIX BILLION DOLLARS in 2005. grumpy

cool chick auntie from the beautiful state of MICHIGAN. laugh

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Tim, I certainly agree with you that more can be done. The US is the largest customer for the Eurasian refineries, while more than 80% of our nation's oil and gas leasefields are not being developed - and they're not all in Alaska. They're in Utah, Wyoming, Colorado, and other states we don't think of as having petroleum resources. Even in the largest state (I'm talking size, not population) where regulations were written in 1998 to penalize producers who bid on leases and never develop the fields, DNR can't get the big companies to produce. Exxon-Mobil has sat on Point Thompson Unit leases for 22 years and have yet to produce a single barrel of oil. The last I read, they have more than 100,000 acres tied up in leaseholds. The penalties are chump change to them and when the leases go up for bid again, they keep outbidding the smaller companies in spite of royalty increases. It's not just ExxonMobil, either. It's BP, ConocoPhillips, Marathon Oil, Shell, the list is pages long. They don't want to give up the leases because they spent so much money on field studies that showed it's not economical to develop there, but they don't want to let someone else try because if they're successful in profiting, the big company will look bad. (waah!) Somehow big business has become too powerful of a monster for laws of the land to control. I don't have a solution. I am absolutely in support of drilling in ANWR, but I can also understand the views of Sierra Club, Greenpeace, and other environmental groups. What is the point in trashing a pristine area when so many other areas have been littered with ugly test sites and test rigs, and nothing more is being done to develop them?

Meanwhile, brace yourself, the price at the pumps will keep rising.

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First of all, remember it's an international oil market. If you think additional oil that is gathered from U.S. territories will be directed at the U.S. market- you're wrong. This is an attempt by the companies to "put a foot in the door" regarding those lands but they would not be so patriotic, I can assure you, to exclusively direct that oil to the United States. I hate to agree with Cartmill, once again!, but another example amongst many of how greed is badly affecting this country's businesses, economy, and individual lives and environment as well. I would be all for drilling for oil in downtown Cleveland if the oil was earmarked for the United States, but that would not be the case at all.

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FYI: Our US Senator Debbie Stabenow is introducing a bill to eliminate the FIVE HUNDRED MILLION DOLLAR ANNUAL TAX BREAK given to the oil companies by the government...

It appears she has support... Bush said that high gasoline prices are ...id automobiles.

I doubt that Congress will go for it. They all get a lot of campaign money from the companies that would be impacted, and you know they're not going to jeopardize their funding even if it is in the best interest of their constituents.

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