Bush Administration Equals 100 Year Gas Increase in Just 5 Years

[louis c]

In 1903 the price of a gallon of gasoline was five cents.

link:
http://local.aaca.org/junior/mileposts/1903.htm

In 2000, gasoline had increased to $1.46 a gallon.

link:
http://neptune.spacebears.com/opine/suv.html

The point is that it took nearly 100 years to increase the price of gas at the pump by $1.41. That's the administrations of Teddy Roosevelt, Taft, Wilson, Harding, Coolidge, Hoover, FDR, Truman, Ike, Kennedy, Johnson, Nixon, Ford, Carter, Reagan, Bush I and Clinton. Through that time America suffered through the Great Depression, Two World Wars, Korea, Viet-Nam and other assorted conflicts.

Now, GW Bush and his cronies have more than duplicated a price increase in a vital commodity that took 100 years to reach. It took nearly a century to increase that price by $1.41 and Bushco has done it all by themselves in just five years.

Good thing we have oil guys running this country, right folks (sarcasm intended).

Price in 2006:
No link necessary, just look at the gas pump.

[DainBramaged]

1. A few more economic realitie$

The oil companies drill for oil which costs themselves $20 a bbl. to extract. They then sell that bbl. to them selves at $75 a bbl. Then they crack the bbl. to make distillates (mostly gasoline) and they sell it to us for $3 a bbl.

What a great racket.

[RaleighNCDUer]

3. Do you know how many gallons of gasoline (or other distillates)

can be produced from one barrel of crude?

ON EDIT -

Isn't it true that it isn't just a one-to-one ratio, but besides the gasoline or kerosene (jet fuel), that they also extract natural gas, as well as tars for industrial purposes - sort of like Native Americans using everything but the hooves of the buffalo, so besides the prime product there are the residues that are also sold, increasing the true value of a barrel of crude?

[DainBramaged]

4. Yup

A barrel contains 42 gallons. After refining, it makes about 19.5 gallons of gas, with the balance divided between diesel/heating oil, high distillates (solvents etc.) and down to asphalt.


Finished Motor Gasoline 19.65

Distillate Fuel Oil 10.03
Kero-Type Jet Fuel 4.07
Residual Fuel Oil 1.72
Still Gas 1.85
Petroleum Coke 2.18
Liquefied Refinery Gas 1.68
Asphalt and Road Oil 1.34
Naptha for Feedstocks 0.67
Other Oils for Feedstocks 0.55
Lubricants 0.46
Special Naphthas 0.13
Kerosene 0.17
Miscellaneous Products 0.17
Finished Aviation Gasoline 0.04
Waxes 0.04

Total 44.77


A barrel of 42-U.S. gallons of crude oil yields slightly more than 44 gallons of petroleum products. This "process gain" of volume is due to a reduction in the density during the refining process.

http://www.eia.doe.gov/neic/infosheets/crudeproduction.htm

[ProfessorGAC]

7. And About 1% Elemental Sulfur

For those who don't know, those spherical tanks you see at a refinery at the "anes" tanks. They call them that, because those are pentanes and cyclopentanes, hexanes and all the isomers of C6's, and some highly unsaturated C7's and C8's. (Heptenes and Octenes) Those have low boiling points and high vapor pressures, so they have to be put in special tanks.

Some refineries have conversions as high as 60%, but that is with more intensive hydrocracking techniques. (The one about 15 miles from my house, boasts the highest conversions in the United States at about 61%!)

But, at almost any refinery, the single largest fraction obtained is gasoline.
The Professor

[DainBramaged]

10. So, if a pentane married a cyclopentane, is the hexane

genetically similar to the heptane or octene? And what happens if they have twins?

:hide:

[ProfessorGAC]

11. You'd Get Phenyl Benzene

Hey, i had to come up with something.
The Professor

[ProfessorGAC]

8. Dupe Post

..

[RaleighNCDUer]

16. Great find. I LOVE how DU is such a font of information! nt

[louis c]

6. Another look at the numbers

and you'll see that from 1980 to 2000 gas went up from $1.22 a gallon to $1.46 a gallon. That's an increase of 24 cents a gallon in twenty years.

The price in my neighborhood has gone up that much in a f*cking week.

[librechik]

2. Hey, Republicans were happy and proud to elect an oil man.

And I'm sure he's doing exactly what they expected him to. Unfortunately there are a few Republicans around who drive cars and don't own trust funds. Dooh!

Don't worry, they still have the keys to the vote counting machines in a lot of states. Bush Forever!

[louis c]

17. Don't bet on it

I still think there were some shenanigans on '00 and '04, but this is going to be a landslide against them. They will be unable to fix this one.

[louis c]

19. kick in the evening

[Squatch]

5. Adjusted for inflation...

What cost $0.05 in 1903 would cost $0.96 in 2000.

[FlaGranny]

9. That, Squatch, is the most revealing statistic of all. n/t

[corporate_mike]

12. Prices were much higher in 1979

but I'm sure you knew that :)

[louis c]

13. Sorry, but you are mistaken

This (2006) is the highest price per gallon by far using any criteria.


1979 88 cents a gallon ($1.69 adjusted for 1996 dollars)
1980 $1.22 a gallon ($2.14 adjusted for 1996 dollars)
1981 $1.35 a gallon ($2.17 adjusted for 1996 dollars)

2006 $2.89 a gallon (conservative estimate and climbing)


That's what I know.

[ProfessorGAC]

14. That's A Right Wing Fabrication

Inflation values and overall CPI comparisons do NOT align with that assessment. No matter how hard Limbaugh and the other professional liars try to wish it so, it's simply not true.
The Professor

[louis c]

15. Thanks, I couldn't have said it better myself. This (2006) is the highest

[DainBramaged]

18. 105 octane my ass

the methanol cools the charge, reducing detonation, and DOES NOT produce as much horse power as true 105 octane leaded racing gasoline.

Don't pull our legs. Methanol is so highly subsidized it isn't funny, and te creation costs as much as using straight petroleum products.

[louis c]

20. kick in the morning