SILENCE IS>>>>

[rydahog]

mods feel free to re-post if needed...

MY rant is SILENCE IS DEAFENING is it not?? about the price of gas going up and not a PEEP from our...ummm! what is it they are called...ohh yeah,,
representatives in D.C... just thought i would put this out and see if others are thinking alike.. dont get me wrong,,i dont think they will do anything, as in the past,,only LIP service ...later..

[SMITTY8]

im just rolling with the punches....learned at a young age that gas goes up and down for any reason at all. kinda sucks bcuz i only use 93 in my v6(its a personal thing), but hey just rolling with punches

[jmaynard]

Are you not aware of an election coming up in a few months. Gas prices always do a roller coaster around election time. They will go waaaaaay up and then, just in time, the incumbent will announce how he has listened to us and forces OPEC to increase production. I am not blaming this administration as they ALL do this. Problem is that almost all Americans fail to see it happening and fall for it time after time.

[rykeith]

Part of the problem is a significant portion of the price you pay for gas is in the form of federal and state taxes. Read somewhere awhile back that the federal and state government actually made more from gas sales than the gas companies made in profit during one quarter (and I'm sure it's true for other quarters as well).

Found the link: http://blog.gasbuddy.com/posts/Gover...70089-653.aspx

[malave7567]

Originally Posted by jmaynard

Are you not aware of an election coming up in a few months. Gas prices always do a roller coaster around election time. They will go waaaaaay up and then, just in time, the incumbent will announce how he has listened to us and forces OPEC to increase production. I am not blaming this administration as they ALL do this. Problem is that almost all Americans fail to see it happening and fall for it time after time.

[v6sonoma]

Part of the problem is the ending of the corn subsidy. Since ethanol is a required substance in many areas it's increase is causing gas prices to rise also.

[2001ragtop]

Where I live I always see pickup trucks and SUVs that get like 15 miles per gallon and the drivers are always flooring it, driving it like they stole it, so what is odd to me is the folks you THINK would care about gas prices apparently don't.

to offset gas prices I just keep my RPMS at 1500, not 4000.

[Brokinarrow]

It's such BS too, most of our oil comes from freaking Canada. But because these prices are for some stupid reason based on "speculative buying" or whatever, prices go up when something happens in Iran even though we don't buy their damn oil in the first place.

[TheCaptain]

Originally Posted by Brokinarrow

It's such BS too, most of our oil comes from freaking Canada. But because these prices are for some stupid reason based on "speculative buying" or whatever, prices go up when something happens in Iran even though we don't buy their damn oil in the first place.

Very true. We supply much of our own oil, yet we still pay almost 1.7 times as much for fuel then you Americans do.

Current average fuel price in Western Canada: $1.16/L = $4.40/US Gallon. And its cheap right now!

I would quit complaining. (for those that were)

[Brokinarrow]

Originally Posted by TheCaptain

Very true. We supply much of our own oil, yet we still pay almost 1.7 times as much for fuel then you Americans do.

Current average fuel price in Western Canada: $1.16/L = $4.40/US Gallon. And its cheap right now!

I would quit complaining. (for those that were)

Well, it's a matter of what you're used to I suppose. The main problem is, our economy is based on cheap gas. If gas prices go up, so do prices for everything else, including food. But our PAYCHECKS remain the same. People that have long commutes are really going to be getting pinched.

[TheCaptain]

Yea, well it used to be cheap, around the four or five year ago mark. Once they got us above the $1 /L mark, its been a free for all, seeing as high as $1.50/L! (5.67/USGal)

[DGthe3]

Originally Posted by Brokinarrow

It's such BS too, most of our oil comes from freaking Canada. But because these prices are for some stupid reason based on "speculative buying" or whatever, prices go up when something happens in Iran even though we don't buy their damn oil in the first place.

Thats not speculation, thats supply and demand. because ultimately, oil is oil regardless of where it comes from. Sure, some types of crude are better for gasoline production and some places can produce it cheaper than others. But practically speaking, a barrel of oil is a barrel of oil. It gets bought and sold just like any other commodity. However, since a large portion of the global supply comes from the middle east, a problem there would cut supply therefore making everyone else's oil more valuable. Just like how when a collector car gets destroyed, all remaining examples go up in value. Supply goes down, demand stays the same, price goes up. Thats pretty much what a free economy is based upon.

Speculators on the other hand more or less bet on how the supply & demand curve will change in the near future. For the most part, it isn't based on actual production shortfalls or drops in demand, but rather what might happen. A classic example is hurricane season. Speculators assume that countless rigs and refineries will get shut down each time a hurricane enters the Gulf of Mexico, thereby causing a production shortfall which supposedly justifies a price hike. Except that typically, most facilities are bypassed completely and of the ones are in the path few are damaged enough to cause a meaningful effect on production capacity. So prices drop back down a few days later.

Originally Posted by TheCaptain

Very true. We supply much of our own oil, yet we still pay almost 1.7 times as much for fuel then you Americans do.

Current average fuel price in Western Canada: $1.16/L = $4.40/US Gallon. And its cheap right now!

I would quit complaining. (for those that were)

Thats mostly due to taxes though. And while you folks out farther west might be supplied locally, I'm pretty sure that gasoline in Ontario mostly comes from the middle east -even as Alberta, Saskatchewan, and Newfoundland export to the US.

And you might want to check your math. Compared to the average American, Canadians pay about a third more (1.33 times as much). On the other hand, Americans pay about 70% of what we pay (0.7 times as much). If we were paying 1.7 times, the average price would be up around $1.55/L

[TheCaptain]

Hehe, whoops on the 1.7. I got that messed up!

[GunnyG]

I've been on a "business" trip for a month. Driving a crappy Ford Focus hatchback. Haven't filled up in two weeks. Is gas getting outta hand again? I usually have a 40 minute commute in my Camaro. Fill up twice a week. Gotta admit, this is nice not having to. Oh no, I'm not getting one for a DD. This thing blows as far as fun driving goes!