Oil prices hit 65/barrel

Post by **Lyion** » Wed Aug 10, 2005 2:24 pm

http://apnews.myway.com/article/20050810/D8BT56DO0.html

Ouch. My truck is empty, too....

Darcler · Post by **Darcler** » Wed Aug 10, 2005 2:30 pm

$2.45 in downtown Dallas.
$2.20 outside.

Narrock · Post by **Narrock** » Wed Aug 10, 2005 2:32 pm

I've seen it as high as $3.19/gal around the Sacramento area. I can't imaging paying $90 to fill up the tank on a truck. Damn.

ClakarEQ · Post by **ClakarEQ** » Wed Aug 10, 2005 2:37 pm

I know I'll get slammed for this (and I own an expedition and a blazer (but I also own a 28foot travel trailer)), but we don't pay nearly enough for gas.

I hope for the day we have to pay $10.00 a gal.

Until that day we won't get off our sorry asses and force a change. Call me crazy and a nut case all you want but I for one hate big business lobbyists and IMHO they are the sole reason we still use "gas" today.

Narrock · Post by **Narrock** » Wed Aug 10, 2005 2:40 pm

ClakarEQ wrote:I know I'll get slammed for this (and I own an expedition and a blazer (but I also own a 28foot travel trailer)), but we don't pay nearly enough for gas.

I hope for the day we have to pay $10.00 a gal.

Until that day we won't get off our sorry asses and force a change. Call me crazy and a nut case all you want but I for one hate big business lobbyists and IMHO they are the sole reason we still use "gas" today.

Dude, you're whacked.

ClakarEQ · Post by **ClakarEQ** » Wed Aug 10, 2005 2:55 pm

Just so I know, am I whacked for 10.00 a gal or whacked on the lobbyist remark (or perhaps both) :p

Narrock · Post by **Narrock** » Wed Aug 10, 2005 3:04 pm

however you want to slice it...

Minrott · Post by **Minrott** » Wed Aug 10, 2005 4:54 pm

I agree with Clakar. Until people are forced to part with dearly beloved, it's just a bunch of hippies whining about "big oil." Once we can't afford to get to work anymore, there will be enough people educated and angry and ready to push for a change to ethanol/biodiesel/etc.

Langston · Post by **Langston** » Wed Aug 10, 2005 5:10 pm

2.40/gal in the north burbs of Atl.

Ouch.

Post by **Ganzo** » Wed Aug 10, 2005 5:23 pm

2.45 gal in Detroit

araby · Post by **araby** » Wed Aug 10, 2005 5:33 pm

It's 2.50 here now. The doctor I work for (and her husband) actually gathered several friends of theirs and together purchased the new Prius from Toyota and they all drive them now, like a gang. "We are fighting the war in our own way," she says.

Langston · Post by **Langston** » Wed Aug 10, 2005 5:34 pm

How many people are saying that the war on Iraq was about oil now? With the price of crude going UP despite the new source? Kind of rings a little hollow....

araby · Post by **araby** » Wed Aug 10, 2005 5:36 pm

they ordered them in November, if that matters...

KILL · Post by **KILL** » Wed Aug 10, 2005 5:59 pm

Langston wrote:How many people are saying that the war on Iraq was about oil now? With the price of crude going UP despite the new source? Kind of rings a little hollow....

Not really. It makes even more sense.

What wouldnt make sense is a war for oil there was no demand for.

Langston · Post by **Langston** » Wed Aug 10, 2005 6:08 pm

So you're saying that demand for oil has not only increased but increased so much as to exhaust our new resource + our old resources to the point of driving the prices to new highs?

Yeah.... right.

Tuggan · Post by **Tuggan** » Wed Aug 10, 2005 6:09 pm

Would be pretty nice to have some moneys invested in oil right now, with all the new high price and demand still high. huh.

Eziekial · Post by **Eziekial** » Wed Aug 10, 2005 6:10 pm

I blame China for the increased demand. Drive all the priuses you want, they won't make up for 1 billion chinks who will buy a car now instead of another bicycle.

Post by **Martrae** » Wed Aug 10, 2005 6:12 pm

http://www.theaircar.com/models.html

Post by **Arlos** » Wed Aug 10, 2005 6:22 pm

Who ever claimed that the war for oil was to benefit the average individual? Have you looked at the growth in profit margins and earnings per share of the US oil companies that are over there? Hint: up, Up, UP, *UP*

It's manifestly obvious that the Bush administration has never cared about the average man on the street, they're all abuot pandering to megabusinesses. The Iraq war has been a windfall for the oil companies; not exactly a big coincidence he and so many others in the administration have ties to the oil companies....

-Arlos

Post by **Gidan** » Wed Aug 10, 2005 6:28 pm

Tuggan wrote:Would be pretty nice to have some moneys invested in oil right now, with all the new high price and demand still high. huh.

I bet Bush and Cheney couldn't be happier about their oil invesments.

KILL · Post by **KILL** » Wed Aug 10, 2005 7:27 pm

Langston wrote:So you're saying that demand for oil has not only increased but increased so much as to exhaust our new resource + our old resources to the point of driving the prices to new highs?

Yeah.... right.

I cant speak for anyone else, but I never thought the US was going to war for the average consumer to keep oil prices low. Is that what you thought people like myself were thinking?

To establish a new, US friendly source? Yes, I believe that was the plan.

Narrock · Post by **Narrock** » Wed Aug 10, 2005 8:40 pm

Arlos wrote:Who ever claimed that the war for oil was to benefit the average individual? Have you looked at the growth in profit margins and earnings per share of the US oil companies that are over there? Hint: up, Up, UP, *UP*

It's manifestly obvious that the Bush administration has never cared about the average man on the street, they're all abuot pandering to megabusinesses. The Iraq war has been a windfall for the oil companies; not exactly a big coincidence he and so many others in the administration have ties to the oil companies....

-Arlos

Um, megabusinesses help drive the nation's economy. They better get some breaks.

Captain Insano · Post by **Captain Insano** » Wed Aug 10, 2005 9:25 pm

Mindia wrote:
ClakarEQ wrote:I know I'll get slammed for this (and I own an expedition and a blazer (but I also own a 28foot travel trailer)), but we don't pay nearly enough for gas.

I hope for the day we have to pay $10.00 a gal.

Until that day we won't get off our sorry asses and force a change. Call me crazy and a nut case all you want but I for one hate big business lobbyists and IMHO they are the sole reason we still use "gas" today.

Dude, you're whacked.

I somewhat agree with Clakar... I have always heard that the oil companies have boughten up tons of patents in the last hundred years to ensure that our only fuel for transportation is gasoline. I also know for fact that when the automobile became popular the oil companies went out and bought up lots of the public transportation systems and shut them down forcing people into cars...

It's long long overdue to find alternative fuel sources and methods of transportation... The only way we are going to do that is if the public goes pretty much nuts over the situation.

veeneedefeesh · Post by **veeneedefeesh** » Thu Aug 11, 2005 12:12 am

Arlos wrote:Who ever claimed that the war for oil was to benefit the average individual? Have you looked at the growth in profit margins and earnings per share of the US oil companies that are over there? Hint: up, Up, UP, *UP*

It's manifestly obvious that the Bush administration has never cared about the average man on the street, they're all abuot pandering to megabusinesses. The Iraq war has been a windfall for the oil companies; not exactly a big coincidence he and so many others in the administration have ties to the oil companies....

-Arlos

Hear Hear!

Post by **Lyion** » Thu Aug 11, 2005 6:21 am

When gas prices go up, the costs to the companies rise as well and often times less oil is bought and consumed due to the increased price, so the oil companies lose money to these increases. Oil prices are set by OPEC, not Exxon.

While a nice whacko left wing stretch, what you said is simply not true.