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Guest Vitamin X
Posted

It's still above $3/gallon here in Portland, Oregon. I filled up at $3.11 today.

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  • 6 months later...
Posted

http://www.washingtonpost.com/wp-dyn/conte...id=sec-business

 

I was there man.

 

Don't ever tell me that we need more production capacity. Because five of the top executives of U.S. gasoline producers were asked about it and NONE of them said they need more production. They LOVE the bottlenecks in the system. They just want less environmental regulation so they can pump oil more cheaply. No intention for selling gas for less.

Posted

Houston, home of Shell and big site for Chevron: 3.31 a gallon.

 

Either the US gov needs to cut taxes or Big Oil needs to cut prices. Either/or will need to happen ASAP. Or the Shit will really hit the fan by summer.

Posted

It's 3.25 here in Dodge City, KS and I talked to my mom and it's like 3.09 in OKC.

 

The problem is the price of everything at the grocery store keeps going up and then they blame it on increased shipping costs. How is all of this supposed to help the economy? Not that I know jack shit about it(so someone can explain it) I just don't understand how people are supposed to spend money when it costs them a ton just to get where they're going then they probably can't afford what they want anymore.

Posted

I've partaken in threads of this kind over the years and I'm always disappointed to see those two- or three-year-old posts where I'm complaining about prices in the mid-$2 range. Around $3.40 here. Stations around here have been following the same pattern of hitting a new, previously unfathomable price, dropping it a few cents over the course of a week two before shooting up another 20 cents.

Posted

America's love affair with the car is about to turn very ugly.

 

It was like a senator from some midwest state said the other week: We don't have the luxuries of some senators from the East Coast. We need to drive, far, everywhere. We don't have buses or trains or subway systems.

 

Well guess what, oil and by extension gas is an extremely volatile energy source, when it comes to pricing I mean. We can't make any more of it, and even if we were to start drilling *everywhere* we want to AND started refining all the tar sands and oil shale in NA, we wouldn't see a drop of that energy for decades.

 

This bed was made thirty to ten years ago. Now we have to lie in it. I wish to god we could get off corn-based ethanol though. That's not what's really driving up food costs, it's the higher cost of processing and transportation due to fuel. But ethanol is a massive boondoggle, and the billions we're putting into it could be better put into something else.

 

 

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