Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

$64 a barrel...

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:50 PM
Original message
$64 a barrel...
Printer Friendly | Permalink |  | Top
Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:52 PM
Response to Original message
1. I paid fricken $2.38 a gallon yesterday.
Any other president and the press would be all over it as a sign of the coming apocalypse.

This president's friends and contributors make a mint on the same prices and there's nary a word.

For this president, it's all market whatever and not a word about the premia that the oil producers must charge for additional risk or can charge thanks to Iraq being off-line.
Printer Friendly | Permalink |  | Top
 
shoelace414 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:54 PM
Response to Reply #1
3. I paid 2.59 at lunch.
amazing how often gas prices end with 9 cents. (actually 9 and 9/10's of a cent)
Printer Friendly | Permalink |  | Top
 
NorCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:24 PM
Response to Reply #3
21. Do you know why every price ends in $.09??
Because marketing firms have done studies that show that people see $2.39 and think, "wow, only two dollars and thrity cents." Not 40 cents like it really is, kinda cool huh?

Printer Friendly | Permalink |  | Top
 
shoelace414 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:30 PM
Response to Reply #21
23. yea.. but it kinda proves that gas prices
aren't directly related to oil prices.
Printer Friendly | Permalink |  | Top
 
ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:55 PM
Response to Reply #1
4. $34 dollars to fill my car Friday
Used to cost me $16 to fill my first car (same gas mileage as my current car, similar tank size) and that was only if I was pretty much empty. And, BTW, I started driving in 1998.

So, someone please tell me, how is it that prices have doubled in about six years? And why are so many Americans ok with this?

Printer Friendly | Permalink |  | Top
 
Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:56 PM
Response to Reply #4
5. I went over $20 for the first time
Edited on Mon Aug-08-05 12:56 PM by Inland
filling my Saturn compact. It's a 1992.
Printer Friendly | Permalink |  | Top
 
shoelace414 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:53 PM
Response to Original message
2. Exxon made $9 billion profit in three months
Where do people think that money comes from? the money fairy drops it off in their coffers when they are efficiently run?
Printer Friendly | Permalink |  | Top
 
ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:56 PM
Response to Reply #2
6. Daily Show: The Bush plan is apparently to
make sure that the oil companies have so much money that they won't care about profits anymore.

Then prices will go down.


Printer Friendly | Permalink |  | Top
 
RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:57 PM
Response to Original message
7. What's the BS quote from Bush back in the 2000 Campaign
Edited on Mon Aug-08-05 01:05 PM by RobertSeattle
Something about he'd go talk to the Saudi's or something. And THAT was web oil was around 30 a gallon. Hmmmm.

On edit: Found it:

During the 2000 Presidential election campaign, Gov. George W. Bush promised to take on the OPEC cartel on behalf of American consumers. Bush said:

“I think the president ought to get on the phone with the OPEC cartel and say, ‘We expect you to open your spigots.’ … The president of the United States must jawbone OPEC members to lower the price.”
Printer Friendly | Permalink |  | Top
 
Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:01 PM
Response to Reply #7
10. I specifically remember Bush twisting his wrists
to illustrate how his friendship with the Saudis would get them to "open the spigots."
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 12:58 PM
Response to Original message
8. Ah yes why I am paying more for chicken and veggies
and other essencials
Printer Friendly | Permalink |  | Top
 
Stand and Fight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:00 PM
Response to Original message
9. The crisis is coming...
Edited on Mon Aug-08-05 01:01 PM by Stand and Fight
I hope all the motherfuckers who voted for this wake the hell up, and help us doing something about this pathetic excuse for a president. This is going to break the hell out of a lot of people.

I live in an area that normally has some of the cheapest gas in the nation. Here are our prices:

2.38 Regular Unleaded
2.48 Super Unleaded
2.58 Unleaded Supreme

If America allows this to continue...
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:03 PM
Response to Reply #9
13. Hey those were cali pices three momths ago
Printer Friendly | Permalink |  | Top
 
Stand and Fight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:11 PM
Response to Reply #13
17. Yeah, and...
The cost of living in California is higher as well.

That is an increase of over 110% for this area. An area in which most jobs pay minimum wage; that is, $5.15 an hour. I happen to have a professional job, but it still hits me hard.
Printer Friendly | Permalink |  | Top
 
cliss Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:11 PM
Response to Reply #9
18. It's coming.
The tsunami is headed our way. We need to act quickly, because by this fall and winter, prices are most probably going to be much higher.

There's a story about an ant and a grasshopper. The grasshopper didn't think heating oil would go through the roof, so he sat in the meadow and played his violin. When the winter came, he couldn't afford the heating oil so he had to go to his friend the ant and stay warm.

This is what's going to happen in the U.S. Super-high gas prices are going to hit our economy right in the stomach. Delivery services, moving companies, farming and agriculture, any business which relies on gas is going to get hammered.

But even MORE important, is staying warm this winter. I can totally see people bringing in their barbecues, their camping stoves, burning wood in their fireplaces, or just plain freezing to death. Barbecues will kill you, by the way.
Printer Friendly | Permalink |  | Top
 
Stand and Fight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:14 PM
Response to Reply #18
19. Good God...
I hope that it does not come to that point. However, the one thing I have learned in my life is that humans suffer from a dread affliction. That is, they seem to be unable to react or learn unless they are first traumatized into action. I fear that this is precisely what is necessary for Americans to wake the hell up, cliss.


Printer Friendly | Permalink |  | Top
 
yy4me Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:01 PM
Response to Original message
11. Never mind gas, how about heating oil?
What is going to happen this winter when we face heating oil prices so high that we will not have the money to pay for it. There are millions of Americans who will not be warm. We have all conserved for the past many years, is this the year we will have to go without? People on fixed incomes, low wage earners, those trying to pay tuitions and many others will have no money when the truck comes. I will bet deliveries will be made COD, just so the local oil companies can get their money. Its not the local guy, its the big oil companies who are driving the prices up and making huge profits.
And while this is going on, his royal highness signs another oil company windfall and to hell with all of us.
Printer Friendly | Permalink |  | Top
 
Inland Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:03 PM
Response to Reply #11
14. Oh, heating oil users are screwed. Same as always.
Switching out of heating oil is the only way to get relief.
Printer Friendly | Permalink |  | Top
 
whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:03 PM
Response to Original message
12. I project $100 per barrel by January 2006.......
....BushCo feeding back windfall profits to big oil, then as the fall elections heat up, you see the price decline again until November, after which they once again accelerate and never turn back!

How does $5-$10 a liter sound for gasoline here in the U.S. come 2008? How about rationing of all fuel?
Printer Friendly | Permalink |  | Top
 
dogday Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:04 PM
Response to Original message
15. Bush said during the election if you vote for Kerry
you will get higher gas prices. As ususal the stupid ass is wrong again.....
Printer Friendly | Permalink |  | Top
 
NinetySix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:26 PM
Response to Reply #15
22. I disagree. Turns out he was right.
Even though they rigged the election to retain office, the majority DID vote for Kerry. And now what have we got?
Printer Friendly | Permalink |  | Top
 
dogday Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:47 PM
Response to Reply #22
24. This be true nt
Printer Friendly | Permalink |  | Top
 
dogday Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:04 PM
Response to Original message
16. dupe
Edited on Mon Aug-08-05 01:05 PM by dogday
Printer Friendly | Permalink |  | Top
 
NinetySix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-05 01:21 PM
Response to Original message
20. Here in Atlantic Canada, it's 99.4 cents per litre.
More expensive in some places, but that's the price in my town.

I did the conversion for you:
$1 CDN = $0.82 US
1 gallon = 3.79 litres
Thus, we are paying $3.08 9/10 US per gallon.

Incidentally, I drive a Honda which gets 51mpg highway, 38 mpg city. Personally, I hope the price of gas doubles, if only to show what good it does for an oil man to "jawbone" OPEC.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 09:31 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC