$ 5.00--5.50 gallon

[--weezl--]

I remember oil was around 91$ a barrel, and in Canada, gas was roughly 93 cents a liter... And it seeme fairly constant that dollars per barrel were roughly the same as cents per liter... Then a few years later, it was 1.25 a liter, and oil was 89 dollars a barrel!!

 

[Ranger Dave (B25)]

And the taxes on that litre are...what?

I bet they're higher.

 

[JohnnyO]

so what are you going to do with 5 dollar a gallon gas and a probable qe3-4.


i am not ready for that....just wondering.

I'll go on welfare and live off your money like Obama wants me to because it will put me out of business.

 

[--weezl--]

i currently live in calgary, but used to live in vancouver

 

[BRUTUS_T_HOG]

i'll just cut back on other stuff i don't need like junk food and toys and fun. then i'll only drive when i have to.

 

[holyford86]

Profit is based on percentage of selling price, not a fixed amount. So naturally as the price rises, so does the profit:

(simplified example)

$1 gas, 10% profit=10 cents. $4, 10% profit=40 cents.

I Kind of figured that's how it works, but I wonder what the profit percentage is.

I wish I had a 34 mile round-trip commute. 34 miles doesn't get me to work from my front door. I do 90 miles/day, round-trip, 5 days a week.

Do the math.

I know I'm being a cryass about it, By no means do I have a super long commute, but it does wear on you a little bit.

Problem is not greedy oil companies or speculation, that the bed-wetting liberals love to scream about. The problem is the jackass in the White House preventing us from drilling our own oil and satisfying at least PART of our own demand, beacuse he wants to push some gay-ass 'green' energy solution that won't work no matter how many wet-dreams the libs have about them.

Screw that. Drill here, drill now. Shove that windmill up your ass, Zero.

I do believe that speculation does play a part in how quickly the price fluctuates, but I don't think that it affects the price as much as people want you to think. I've always held on to the theory that you shouldn't speculate on a commodity unless you have a place to put it or are a direct intermediary of someone who does. I think that we should drill for oil here to supply at least part of our own demand, The technology is much better and the environmental impact is far less than it once was. Having a useful natural resource at your disposal and not choosing to take advantage of it is like dying of starvation in a grocery store on principle.
I do think that alternative energy sources and "green" technology need to be looked into but as of right now they are not an all encompassing solution. Many years down the road as new technology becomes available it may reduce or eliminate our dependence on fossil fuels but that day is at least 30 years in the future.

 

[Ranger Dave (B25)]

I Kind of figured that's how it works, but I wonder what the profit percentage is.

Not sure, but I doubt it's the ten percent I offered as an example.

I know I'm being a cryass about it, By no means do I have a super long commute, but it does wear on you a little bit.

Tell me about it. And they aren't interested in letting us telecommute.

I do believe that speculation does play a part in how quickly the price fluctuates, but I don't think that it affects the price as much as people want you to think.

Exactly my point.

I've always held on to the theory that you shouldn't speculate on a commodity unless you have a place to put it or are a direct intermediary of someone who does. I think that we should drill for oil here to supply at least part of our own demand, The technology is much better and the environmental impact is far less than it once was. Having a useful natural resource at your disposal and not choosing to take advantage of it is like dying of starvation in a grocery store on principle.

The Dems and greenie liberals could care less. They want to have their way and to hell with logic, or consequences for the American consumer. Zero's energy secretary has been wanting US gas prices on par with Europe, he has even stated so publicly. Gas is up over 100% since he took office, and there's no end in sight. Double-dip recession, anyone?

I do think that alternative energy sources and "green" technology need to be looked into but as of right now they are not an all encompassing solution. Many years down the road as new technology becomes available it may reduce or eliminate our dependence on fossil fuels but that day is at least 30 years in the future.

I have no problem with conserving natural resources and developing new technology to lessen the country's dependence on imported energy. For example, the Air Force has certified the entire C-17 fleet to run half JP and half bio-JP. The goal is a 50% reduction in petroleum useage by I think it's 2035? They're testing new aircraft on the blend all the time, and it's been a wildly successful program.

If the current 'administration' wants to get serious about reducing petroleum imports, they should be pushing nuclear energy for electical generation with a nat-gas backup for peak demand. Solar and wind have their places as supplemental sources, but absolutely not as a be-all and end-all that Zero sees it to be.

 

[zukirider21]

drz400sm

 

[84stealthranger]

plan B

 

[--weezl--]

lol rape for you my friend!

 

[MountainMike]

Be driving the enduro more often to work. And still be keeping the Ranger.

That. I'm already paying that much up here.

 

[--weezl--]

That. I'm already paying that much up here.

i don't think the 'mericans understand they still have relitively cheap gas, when compared to the rest of the world

 

[rusty70f100]

That last picture...

It made me think of this:

Now that might be the plan if the prices haven't gone back down by next winter!

 

[Ranger Dave (B25)]

i don't think the 'mericans understand they still have relitively cheap gas, when compared to the rest of the world

I don't think you understand - it's not the cost of the oil, it's the taxes that are heaped on it to support socialist programs in CDN and Europe.

Take away the regressive taxes, and you'll find it about equal.

Not trying to argue, weez. Just trying to make you see the root cause.

 

[kemo]

i don't think the 'mericans understand they still have relitively cheap gas, when compared to the rest of the world

Makes me want to poll TRS to get the average age group...

I dono what it is... but the 'mericans think they have been given birth rights to cheap fuel...

Being an American and bringing that point up, all I get in a response is "STFU". They just want to have something to complain about, I guess!