Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Obama benefits from anything that squeezes the consumer and weakens the economy. High gas prices make it more of a case to push for alternative energy cars, so up they have to go with his blessing.
With a President like this, who needs terrorists?
33.00 a barrel is equal to 1.00 at the pump.on average transportation,and taxes vary.66.00 a barrel is 2.00..and there is a 2 week lag time as well...barrel today is 56.00 and gas at the pump ranges from 1.98. To 2.29.by next couple of weeks ir should be about 182 to 2.01......in new jersey.we have the 4th lowest gas tax.but 2st 0r second highest in everything. Else
Obama benefits from anything that squeezes the consumer and weakens the economy. High gas prices make it more of a case to push for alternative energy cars, so up they have to go with his blessing.
With a President like this, who needs terrorists?
1. When oil went down to $40.00 a barrel gas around here was going for $1.39/gallon, so how come at $36.00 a barrel we are paying $1.69/gallon?
And
2. How come nobody in congress is talking about it?
Is this just happening here? Or are you guys experiencing the same in your locations?
There is a lag between oil prices and gas prices as well as other nuances like the tax which is a flat amount added and not a %. Oil is also used for different things and of course....there are OTHER fixed costs to producing gas.
To summarize:
1) You are assuming all costs are variable. That's a really bad assumption, even worse if you didn't know you were making that assumption by default.
Notice how from 1980-2000 gas hung around $1.50 a gallon give or take 25cents while oil prices ranged from 12-35?
Lastly, congress isn't talking about it because people only care when it's high and then it's used as a political wheapon to try to make it seem like you care about the little guy and their opponents are evil people in bed with big oil.
As silly as that person's comments were....they are just some faceless schmo on the internet.
Now reflect that similar comments were made when Bush was in office about him and big oil....taking record profits etc. and they came from the gal that is the presumptive Democratic nominee for president in 2016.
Notice how from 1980-2000 gas hung around $1.50 a gallon give or take 25cents while oil prices ranged from 12-35?
No! I remember cheaper fuel.
1980, I was paying 65¢ a gal. My GTX, sucked it down. $10 would get ¾ tank
All through the 90's it seamed to be $1.01 forever.
Got my first diesel in 2003, because it was still @ $1.01 and better fuel mileage, with gas up around $1.25
Now, diesel is almost $1 more than gas, in some places.
My next truck, I'm going back to gas.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
