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Price gouging at the pump

Discussion in 'The Lounge' started by blt2ride, Aug 30, 2005.

  1. blt2ride

    blt2ride Turbo Monkey

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    I know there has been a lot of posts about the price of gas, but I figured I would share what I saw today. I saw 87 octane fuel for $3.25 a gallon. This is the first time I have seen 87 over $3 a gallon, it would cost $55 to fill up my little 4 cyl truck...
     

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  2. chicodude

    chicodude The Spooninator

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    Yea, Well its crap, Everyone knows it's crap, and the oil companies are making huge profits and we can't do crap about it (With bush in office) Besides riding everywhere (Which isn't a bad idea, But not always possible)


    And I have a feeling we are gonna get assraped by katrina so they now have an excuse to jack up prices more
     
  3. Changleen

    Changleen Paranoid Member

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    Cleared $70 per barrel. Ho lee she at.
     
  4. reflux

    reflux Turbo Monkey

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    Not that we can speak for you New Zealanders, but everything is going to be perfectly fine in the US. The Bush Administration is working hard to make sure prices don't surge any further than they already have...
     
  5. Changleen

    Changleen Paranoid Member

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    It's going up another 5c a litre here 'by the end of the week'. It's still managable here, it's not taking a huge chunk out of my spending money or anything. Mind you I only commute 40Km a day, I think trucking companies are feeling it more.

    We've only had 1 serious rise (premium went from $1.29 to $1.45 (I think) per Litre), but already the government is discussing contingencies for future rises and people are organising carpools and stuff. I think that's a pretty cool attitude.
     
  6. hooples3

    hooples3 Fuggetaboutit!

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    the estimate by everyone not buying gas for one day the companies will lose 40 billion dollars..... that would be a great way to show them that we are in charge and they cant just contorl us like that... that amount of money is enough to bankrupt a company .. and thats just one day
     
  7. narlus

    narlus Eastcoast Softcore
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    if this continues (and i can't see why it won't), a decent amount of americans will start joining the legions of commuters around the world and carpool or share rides...
     
  8. MMike

    MMike A fowl peckerwood.

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    JUDAS!!! How dare you utter such words!!!!!!!!!! You sir get one of these: :nuts:
     
  9. Toshi

    Toshi Harbinger of Doom

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    uh, but then everyone will fill up the next day, and that 40 billion will flow right back into the coffers. try again.
     
  10. Spitfired

    Spitfired Monkey

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    Isn't this just another one of those "world jump day" chain mail things? Obviously it's not going to work.
     
  11. N8 v2.0

    N8 v2.0 Not the sharpest tool in the shed

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    Sure oil companies are raking in the dough, now, but where was all the pity for them when oil was $12 a barrel and gas was below a $1.00 3 or so years ago?
     
  12. valve bouncer

    valve bouncer Master Dildoist

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    That idea is pretty much BS.
    http://www.snopes.com/politics/business/nogas.asp
     
  13. binary visions

    binary visions The voice of reason

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  14. ohio

    ohio The Fresno Kid

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    Never any pity for an industry that has a nearly inelastic demand and sets their own prices. It's called a monopoly (for OPEC), and if they were too stupid to use it properly 3 years ago, it doesn't mean I'm going to excuse them for abusing it right now.
     
  15. N8 v2.0

    N8 v2.0 Not the sharpest tool in the shed

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  16. Brian HCM#1

    Brian HCM#1 MMMMMMMMM BEER!!!!!!!!!!

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    It is a joke, however my wife works for Chevron and her profit sharing was unbelievable last year. So a message here people..........................When you get reamed for gas, buy Chevron and help out our family:thumb::D
     
  17. N8 v2.0

    N8 v2.0 Not the sharpest tool in the shed

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    I have a number of good friends who work for ChevronTexaco and they are happy, happy except when it comes time to fill up the H2.
     
  18. robdamanii

    robdamanii OMG! <3 Tom Brady!

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    One of those little hybrid civics are looking pretty goddamned good right about now...
     
  19. N8 v2.0

    N8 v2.0 Not the sharpest tool in the shed

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    My wife's 2005 Toyota Celica gets 32-35 mpg and she can haul two MTB's on the cargo area with the back seat folded down... she's lovin' it!
     
  20. Raaar

    Raaar Monkey

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    Yea, it sucks...but do you ever look around and feel like we are getting what we deserve? I mean, I hate it as much as anyone but our country has known for decades that there would eventually be consequneces for our ever-increasing oil dependancy.
    I mean, really, I look around sometimes and am embarressed by our nations spoiled, wasteful lifestyle (myself included). We have not demanded that our government develop mas-transit systems, car-pool programs, etc. We are perfectly happy to shell out our cash to the auto industry for bigger, more powerful vehicles (because we NEED them to run little Timmy & Janey all over hell & back). Now many of us point the finger at "W" and his tie ins w/ the oil companies, or at the oil comapnies, or at China for increasing there demand for oil....we point the finger everywhere but at ourselves. IMO, the ugly truth is that we have become a fat, spoiled nation that has enslaved itself to the oil companies, fast food, and Wal-Mart. The oil companies have "got us" and they know it. It's our own damn fault, as a nation, for being short sighted.
     
  21. ncrider

    ncrider Turbo Monkey

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    Actually it's an Oligolpoly, which has had great succes in contolling all it's members in the last few years, thus raising oil prices.
     
  22. N8 v2.0

    N8 v2.0 Not the sharpest tool in the shed

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    The increased demand for oil is causing the price to rise.
     
  23. golgiaparatus

    golgiaparatus Out of my element

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    I got the call last night... "Hey Jon, better go fill up of you need to, gas went up 30 cents in the last hour". About an hour till lunch, I'm interested to see how far up its gone. I didnt notice on the way to work.
     
  24. ncrider

    ncrider Turbo Monkey

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    Oh come on now N8. I wouldn't expect to read such short sightedness from you. Yes demand is increasing and Katrina will cause prices to rise as well because it has reduced US supply. However, to say demand increasing is the sole reason would be false. OPEC has begun artificially raising prices as well. No question about it that OPEC is doing so becuase they know the US and many other key nations are dependent on supply, but also because there reserves are becoming relatively more depleted (still the majority of oil though). This gives the OPEC members the incentive to actively cooperate and raise prices. Demand is only one of the variables at play here.
     
  25. N8 v2.0

    N8 v2.0 Not the sharpest tool in the shed

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    Locally, I can buy a gallon of regular unleaded for $2.29/gal...
     
  26. Discostu

    Discostu Monkey

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    People need to realize we're running out of gas. Its not an unlimited resource. If this price gouging doesn't cause a dramatic change in energy usage in this country then it will only change when we are completely out of oil and screwed.

    For now, somehow our 1988-1989 Saab 9000's are consistently getting 34 MPG with between 165k and 240k on them.
     
  27. SkaredShtles

    SkaredShtles I love NEWCASTLE and will ONLY drink NEWCASTLE!!!!

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    Technically we've been running out of oil since the moment oil was discovered....... :rolleyes:

    I think that the U.S. will see a gradual reduction in the use of oil as the price continues its upwards spiral. We'll never actually run out of oil - it'll get so prohibitively expensive that nobody will use it.

    Humans are incredibly adaptive creatures. There is nothing which I can see which won't result in our adapting to the realities of scarce oil.
     
  28. Discostu

    Discostu Monkey

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    Well my point is people blame one administration or the other for oil shortages/high gas prices, but no matter who is in charge, they can't do anything about the fact that there is a finite amount of oil. Sure politics can be responsible for short term price shifts, but the overall trend is that prices will continue to go up until like you said gas is prohibitively expensive (at this point for all practical purposes we've run out).
     
  29. ncrider

    ncrider Turbo Monkey

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    .

    :stupid:
    Que the invasion of the super hydro and electric cars, increased public transportation and a movement of people to the cities that already have excellent established public transportation.
     
  30. Bullitrider

    Bullitrider Monkey

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    Did anyone see the slide show on MSN yesterday about what the oil industry(mainly Shell) is doing to Nigeria? It made me feel sleazy. No wonder they always try to scam us...it's payback.
     
  31. reflux

    reflux Turbo Monkey

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    For those interested...

    http://msnbc.msn.com/id/5114929/

    Scroll down to Sept 2004
     
  32. Inclag

    Inclag Turbo Monkey

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    People do realize that we use in oil to make plastics as well? At least I hope so. This doesn't have to do with only gas prices and transportation.
     
  33. Trainwreck

    Trainwreck Turbo Monkey

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    :) :) :) :) :)
     
  34. chicodude

    chicodude The Spooninator

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    The can make plastics out of other stuff too....Corn.
     
  35. Curb Hucker

    Curb Hucker I am an idiot

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    I hate this bullsh1t, today I needed to fill up the Rover, so i went to shell which has the cheapest gas in town. I payed $67.84 for 20.4gal of gas. And the saddest part of it all is that I will only get 255mi out of that tank. :dead: :dead: :dead: :dead: :dead: :dead: :dead: :dead: :dead: Damn our stupid government for not allowing the 5sp TDI or TD5 Diesel Discoveries to be brought to the states :mumble: :mumble: :mumble:
     
  36. ohio

    ohio The Fresno Kid

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    You drive a Land (range?) Rover and you're bitching about $60 in gas?
     
  37. Changleen

    Changleen Paranoid Member

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    Hey, you don't get rich by throwing cash away...
     
  38. Curb Hucker

    Curb Hucker I am an idiot

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    Yes, I bought it used for a very good deal. If i did have the means to drop 45k for a new one then I probably shouldnt be bitching about gas
     
  39. jaydee

    jaydee Monkey

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    Two words: Park it.
     
  40. COmtbiker12

    COmtbiker12 Turbo Monkey

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    I just paid $40 for 13.5 gal of gas. :(