Interesting idea for fighting high gas prices

[fgray1]

Get a grip guys.
They have been driving prices up for the last 3 years.
In case you haven't noticed gas prices have been steadily going up over the last 36 months. They raise the prices 20 to 30 cents at a time then back track 10 to 20 cents and after paying the higher prices we're happy to pay the reduced price. But the price your paying is higher than it was before but less than what you recently paid. This way everyone accepts it. If you recall diesel fuel was always as much as gas or even a little more than gas and all of a sudden it's 20 cents cheaper. This is by design. If you raise the diesel prices to over $2 per gallon there would be a revolt from the trucking industry. So they have to handle them with kid gloves.
Price hikes will stop when they reach their target price that they want.
Fred

 

[BIGSAGE136]

If you look at your own reference it's from the EIA, which is the source that I referenced earlier. Interesting to note that 1) the bottom lines on the two charts don't agree (though they aren't too far off) even though they are from the same site and 2) the numbers you are throwing around don't match either one.

If you want to argue that oil supplies are limited and we should be concentrating more on developing alternative go ahead. I couldn't agree more. But if you're going to try to use numbers to make a point or try to scare people then at least provide a source for that data.

My LAST wish or intention is to scare anyone. Just encouraging all to review FACTS. Gather them from where you wish.

 

[archman]

I can only honestly answer for U.S. consumption, but I recommend reverting back to fredT's earlier post (23?).

Domestic refineries aren't just not being built to keep up with the GROWING demand, but they're being reduced. Living not too far from one of the largest U.S. petroleum refinery areas (upper Texas coast), I can pretty much vouch for little new construction, 'cept for those danged Jack-in-the-Box restaurants.

Most U.S. oil imports come in as crude, and we have to refine it. A lot usually. The bottleneck is there, and it's getting tighter every day. Our government seems ossified in its inability to manage our domestic energy infrastructure, and would rather have crises like blackouts and runaway gas prices than do anything truly useful. So far I'll I've seen is useless yelling at OPEC to fix something on their end that isn't broke.

 

[BIGSAGE136]

Actually you gotta take your hats off to OPEC. The days of light sweet crude are over. Whats coming out of the ground now is more like tar. Bottom of the barrel so to speak. The cost to refine it is quickly becoming prohibitive. Now you know why no one is building refineries.

 

[scubadiverjunkie]

Get a grip guys.
They have been driving prices up for the last 3 years.
In case you haven't noticed gas prices have been steadily going up over the last 36 months. They raise the prices 20 to 30 cents at a time then back track 10 to 20 cents and after paying the higher prices we're happy to pay the reduced price. But the price your paying is higher than it was before but less than what you recently paid. This way everyone accepts it. If you recall diesel fuel was always as much as gas or even a little more than gas and all of a sudden it's 20 cents cheaper. This is by design. If you raise the diesel prices to over $2 per gallon there would be a revolt from the trucking industry. So they have to handle them with kid gloves.
Price hikes will stop when they reach their target price that they want.
Fred

Ahhhh.....he understands the wonderful world of reality and capitalism. Very well said. This is how the big boys play in the sand box.

 

[glbirch]

My LAST wish or intention is to scare anyone. Just encouraging all to review FACTS. Gather them from where you wish.

No problem there. I'm just wondering where you're getting your numbers from.

 

[BIGSAGE136]

No problem there. I'm just wondering where you're getting your numbers from.

Believe me I am an eternal optimist. Do a Google search on peak oil. Much info there. :10:

 

[CBulla]

Personally I believe this is the sort of spike in the side that tends to drive ingenuity and development. Lets face it, the combustion engine now is running on the same basic root theory as it did when it was first invented. Its been developed and refined and refined some more and nifty stuff done to it, etc., and what we have now in cars is incredible compared to what they started out with. From trains, to motor cars to air planes, we've refined the use of pertrolium into an art form.... since I was a kid I've always wondered what the next scientific development will be.. what will be the next break through?

Computers and communications have had their turns. I think energy and propulsion will be the next major steps. Some baby steps are being done now with hybrids. The 2005 Escape hybrid has some really cool energy reclaimation technology integrated into the vehicle. What will be the next step towards the elimination of the combustion engine?

 

[glbirch]

Believe me I am an eternal optimist. Do a Google search on peak oil. Much info there. :10:

Well, this is certainly getting us nowhere fast...

 

[Druid]

There's been some interest in bio-diesel in the UK in the last couple of years. There's some useful info here including how to make your own fuel from cooking oil.

I'm guessing that cooking oil costs more than diesel in the States though...