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I dunno! This morning my local fill up was $3.65 I dropped the kids off and came back to fill up. It was already $3.99. I drove back down the road and filled up for $3.69 however some of the pumps had the bags on them to say out of order.
It truly is amazing that gas can jump .30 cents a gallon in one day but take 2 months to fall. Didn't they just cut off the refinery's this week?
I hate we are this dependant on gas.
There is only a 3-4 day supply of refined gas in the pipeline at any given time. Been trying to think of an example of how to show the situation we're facing:
Say there are 100 refineries in the US. All of our refineries are working at 97% to meet our daily needs (fact, not example). So it takes 97 of the 100 refineries to meet our daily fuel needs. Now, Houston and Galveston have approx 25% of the country's refineries. If you close 25% of 100 refineries that leaves 75%, or 75 of our hypothetical refineries open. Since it's a given that demand doent fluctuate that much, we are now producing greater than 20% less fuel than what we require on a daily basis. Should there be major damage at the refineries, things could get very ugly very quickly.
That aside, I pray for the safety of all the people in the Houston/Galveston region. Our gas concerns pale in comparison to what they're facing.
.... but do remember that the us gallon is 128fl oz and the imperial gallon in Europe is 160 fl oz so it might not get that much over here anyhow but it's still amazing that Ford don't want to market something like that here.
The rates we are paying today are not very different from what we paid in Florida during Hurricane Wilma and post Katrina. The price bump is probably temporary... if it makes you feel any better, Europe pays $5-$6 all the time.
It's a good time to think about utilizing wind power and converting our cars to use natural gas. Off shore oil drilling won't solve oil dependence, and would only lower gas cost by about 2% in about 15 years.
Right, but EVERYTHING in Europe is more expensive, no?
When I was in London in Feb, a meal at Subway or McDonald's was about the same price in GBP that we pay in USD. Factor in the exchange rate and it's twice as much as we pay, but you're not talking apples to apples, as they get paid in GBP. So the net "cost" is about the same, given average salaries.
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