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Originally posted by BP:
Gas prices are expensive cuz I raise them!!!111!111





BP.... you bastids are the most expensive. I think "BP" knows more than we think...

On target here, a CNN rep said a while back that the more we [censored] about prices, the more they would drop..... mmkay, waiting for that drop.

Like most have said, if the price of Premium hit 5 bukcs a gallon, well... yeah, thats expensive, but what do you do? . You need gas like you need water (in my world and many others).


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Originally posted by 99blacksesport:
BACK ON TOPIC!!!!

So can anyone tell me why gas prices have jumped so high? The hurricane os over, as far as I knew it didn't destroy any gas refineries or oil rigs. Is it the whole panic stricken American investor that is driving the price of oil futures up, which is bringing the price of gas up??? Or is it really OPEC. For once I am NOT looking for politics thrown into the arguement, I think gas prices are outragous enough without throwing politics in the mess...

Oh and I am glad I got my bike with 40+mpg...

EDIT: I guess everyone doesnt know why they are so high... I want to know. I have heard all the news reports about it, but I don't believe what I hear all the time...




some pipe lines are shut down across the south becuase there is no power, but thats all I have heard
that and there has been basically no production out of the gulf for the last 3-4 days, and evacuating major cities requires lots of gas for cars getting out of there as well


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Originally posted by 99blacksesport:
BACK ON TOPIC!!!!

So can anyone tell me why gas prices have jumped so high? The hurricane os over, as far as I knew it didn't destroy any gas refineries or oil rigs. Is it the whole panic stricken American investor that is driving the price of oil futures up, which is bringing the price of gas up??? Or is it really OPEC. For once I am NOT looking for politics thrown into the arguement, I think gas prices are outragous enough without throwing politics in the mess...

Oh and I am glad I got my bike with 40+mpg...




in a nut shell...

Originally posted by BP:
we all know gas prices are affected by supply and demand. the supply is unstable because of the war, katrina, lack of refineries, and lack of new oil sources. demand is increasing.




they will only get worse because of the above conditions. once repairs are made to the damaged pipelines out of the gulf area they may go down a bit, but in general prices will most likely steadily rise until the other issues are resolved as well.


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Originally posted by BP:

they will only get worse because of the above conditions. once repairs are made to the damaged pipelines out of the gulf area they may go down a bit, but in general prices will most likely steadily rise until the other issues are resolved as well.





Issues like what? the lack of refineries??? If this is the main part of the problem, which it seems to be acording to this article: Linky
Why isnt the government stepping in and giving money to refineries to build new ones or to get their old ones up to production levels that will support us?


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Originally posted by BP:
we all know gas prices are affected by supply and demand. the supply is unstable because of the war, katrina, lack of refineries, and lack of new oil sources. demand is increasing.




Nice nutshell. I'd like to also add in their the general cost of living increase/inflation as well. For those who say, why won't it be $0.89/ gal liek it used to be... well, Footlongs at subway used to be 2.49 on Thursdays... but that ain't coming back. As time goes on, things increase in cost. Factor out Katrina, war, lack of supply... I'd say Gas would be about $1.60 or so/ gallon compared to how prices of other "high demand" items have increased in the last 10 years.

If gold were to decrease in availablilty.. wouldn't it's price increase? If a CSVT decreased in avai... bad example. You get my drift.



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Saw $3.51 for premium!


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My parents were visiting and filled up the Surburban top go back to Houston this morning.....$102.00!!!


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Originally posted by 99blacksesport:

Issues like what? the lack of refineries??? If this is the main part of the problem, which it seems to be acording to this article: Linky
Why isnt the government stepping in and giving money to refineries to build new ones or to get their old ones up to production levels that will support us?


i have three little letters for you, e.p.a. they throw a hissy fit anytime we want to get a new refinery going. tapping the strategic reserves is not going to solve the problem. what we have here is a refining and distribution problem.

gas prices went up here too yesteday, but not that bad. maybe 5-10 cents. i was paying just under $3/gal and now i am paying just over $3/gal

Last edited by JB1; 08/31/05 10:40 PM.

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Originally posted by JB1:
Originally posted by 99blacksesport:

Issues like what? the lack of refineries??? If this is the main part of the problem, which it seems to be acording to this article: Linky
Why isnt the government stepping in and giving money to refineries to build new ones or to get their old ones up to production levels that will support us?


i have three little letters for you, e.p.a. they throw a hissy fit anytime we want to get a new refinery going. tapping the strategic reserves is not going to solve the problem. what we have here is a refining and distribution problem.




We have a winner; refining capacity has been an issue FAR longer than most any other.


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Here in Montreal, the gas price went up to 1.35$ can. a litre ! And that is for regular...


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