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Post by passinthru on Jan 20, 2011 5:58:15 GMT -5
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Post by allhunter on Jan 20, 2011 7:54:34 GMT -5
O im with ya its costing me like 70 bucks to fill my truck. im a high school kid i cant afford that im trying to save for college. its bs
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Post by 3212 on Jan 20, 2011 8:49:17 GMT -5
Check out Gasbuddy on the internet.
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Post by allhunter on Jan 20, 2011 13:42:23 GMT -5
Check out Gasbuddy on the internet. I have that app on my phone works great |
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buckfever
Basket Rack
NObama 2012!!!
Posts: 248
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Post by buckfever on Jan 20, 2011 21:00:18 GMT -5
i hate to say it, but it's going to get worse. it's a multi-faceted issue, and it's not all about "Big Oil". True, those guys are lining their pockets with our hard-earned cash, but their profits aren't what they seem. They may report multi-billion dollar profits each year, but their profit margins aren't any higher than normal businesses. the reasons that prices are so high is simply a matter of supply and demand, but it's not that simple at the same time. the oil we produce in this country is not used in this country. we export it to china, india, and other foreign countries. you think gas prices are high now, they'd be double if we used the oil we produced. the oil we use comes from the middle east. now back to the supply and demand issue. with the economy the way it is, we aren't driving as much, but our prices keep going up. so if we're driving less, demand should be down and supply should be up, which SHOULD result in lower prices. RIGHT? not exactly. since we are driving less and demand is lower, all the OAPEC(Organization of Arab Petroleum Exporting Countries) has to do is slow down production, which keeps their pockets lined with our hard earned cash. in other words, they control the supply in a way that just meets demand. so, one way or another we're going to be paying high prices like it or not. another issue, is the speculators. they're the ones that pretty much take a guess as to how much oil we're going to use next month and the month after that and that's what drives prices-what they say demand is going to be, whether it is or not. that's why when you see a rise or fall in oil prices that it takes a little time for it to show up at the pump (most of the time it's the decrease that takes time to show up, figure that one out and you get a cookie). the last that i'll bore you with is the global economy. with india and china going through their industrial revolutions, the companies and citizens of those countries are able to afford cars and trucks to deliver their goods and get to work. so that increases demand, which drives prices up. it stinks, but it's the way it is. there's no easy fix to the problem. all these electric cars and bio-fuel options are just going to cause our electric bills and food bills to go up. it seems as if our days of riding around on $1.00/gal gas are over.  |
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Post by passinthru on Jan 21, 2011 5:33:34 GMT -5
The days of $1.00 have been gone for a long time. Really i understand the way it all works it just ticks me off that it just keeps getting worse. Im thinking $4.00/gal is gonna be the norm before long im afraid. This really sucks because i travel for work and when it takes $110 to fill your truck everytime it really cuts into my profits. (fill my truck Adam id love $70 a tank) I just needed to vent a little i guess.
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buckfever
Basket Rack
NObama 2012!!!
Posts: 248
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Post by buckfever on Jan 24, 2011 15:46:29 GMT -5
yeah, it sucks. there's so many things made from petroleum, but it's hard to remember that it's not all just oil and gas that it's used for.
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No govt agency trying to do anything to help us. Wish there was a way to get the prices brought back to where they should be. But what can us little guys do to change it? Sorry bout the long rant just had to get it out!! 
