salimbag
Guest
This has happened in the past and the president has opted to tap into the national reserves to lower prices. Bush won't. Too many big contributions and connections with OIL.
Supply and Demand Lowering Gas Prices
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I used to have an Exxon credit card, but after the Valdez incident, I quit using it and I've been boycotting Exxon ever since. I have absolutely no intention of ever going back to Exxon (unless I'm running on fumes and it's the only station in town).
gj62
Contributor
I'm glad someone pointed out that this is a hoax that has been around for some time.
Also, you ever watch where the actual trucks come from that deliver the gas to your local station (whatever the brand)? There may be additives that certain premium manufacturers put in their mix, but this is well after the refinery. You may hurt a few people in your town though, as most stations are franchises... That really won't accomplish what you've set out to do.
Also, you ever watch where the actual trucks come from that deliver the gas to your local station (whatever the brand)? There may be additives that certain premium manufacturers put in their mix, but this is well after the refinery. You may hurt a few people in your town though, as most stations are franchises... That really won't accomplish what you've set out to do.
salimbag:
What the?! First off, the "national reserve" as you call it is the Strategic Petroleum Reserve, which is a national support asset. The main point of having it is so the armed forces have a well... RESERVE.
Second, the "previous presidents" who tapped into it actually helped the petroleum industry. Oil companies LOVE to get access, as it saves them tons of money over finding and transporting newly extracted petroleum. They have to pay it back with interest of course, but not immediately. The companies still make a profit, and the Strategic Reserve is weakened.
Third, releases from the Reserve don't really affect gas prices at the pump. I believe when Clinton tapped into it, it was to offset heating oil prices during a particularly cold winter. Bush did something similar a few years back, by the way.
I doubt if any prudent or sane politician would recommend using the Reserve for anything other than what it's intended for in this day and age. You'd need to declare some sort of domestic emergency. This doesn't include small withdrawals of course, which are done periodically to offset serious refinery and regional energy dips.
Here's a good link to read up on.
http://www.fossil.energy.gov/programs/reserves/spr/spr-facts.shtml
Most gas stations work on cents per gallon not a percentage. Their most profitable time is when gas is cheap. People drive more then. There are a lot of varibles that affect the price of gas. I can never understand why people complain to some poor cashier probably making minimum wage about the price of gas instead. This year in Indiana the goverment quietly doubled the octane inspection fee (100% increase) and raised the underground tank fees 25%. Yes our politicians feel our pain.
Green Mountain
Guest
We have 12 gas guzzling trucks in our company fleet. I have been using Gulf for the last 6 months. This has been since I saw that email. We used to use Mobile exclusively.
Another thing that people don't realize is how this effects the cost of everything else. When one of my men go out to fix someone's furnace or air conditioner the hourly rate that we charge includes the gasoline to get him to the job.
When I figure the cost of our service rate I am not going to raise it by .39 cents because that is how much gas went up. I will anticipate what the rate will be in 6 months or a year. So my rate goes up a dollar or two. When and if the price of gas goes down it not likely that our service rate will go down.
Another thing that people don't realize is how this effects the cost of everything else. When one of my men go out to fix someone's furnace or air conditioner the hourly rate that we charge includes the gasoline to get him to the job.
When I figure the cost of our service rate I am not going to raise it by .39 cents because that is how much gas went up. I will anticipate what the rate will be in 6 months or a year. So my rate goes up a dollar or two. When and if the price of gas goes down it not likely that our service rate will go down.
gj62
Contributor
Benncool -
As stated before, this email is a hoax, and WILL NOT produce the desired effect. Of course, you can do whatever you want, but if you think you are hurting Mobile, you're deluded...
http://urbanlegends.about.com/library/bl_gas_boycott_2004.htm
As stated before, this email is a hoax, and WILL NOT produce the desired effect. Of course, you can do whatever you want, but if you think you are hurting Mobile, you're deluded...
http://urbanlegends.about.com/library/bl_gas_boycott_2004.htm
benncool:
...right on! I would extend your thought by saying that energy cost increases actually affect personal pocketbooks more on things most people never think of, than in their own personal gasoline usage.
Virtually everthing we buy requires transportation at some point and/or in some way. Higher gas costs mean we pay more at the end of the line as the consumer for most goods and services. Its just not in your face like a 10 or 20 cent hike in gas prices just before the weekend.
The people that crack me up are the ones who say we aren't paying too much for gas but are the first to complain about a bill with a valid fuel surcharge on it because gas prices spiked up. And from experience, there is a parallel there.
My company is like benncools. We don't set gasoline prices, we just have to charge enough for our services to cover the gas required to perform those services. Not an easy task with prices bouncing around like a mexican jumping bean.
The gas you use for your personal transportation is only a small part of your fuel usage as a consumer.
bhapps24
Guest
I not sure how accurate this is but I heard that there are plans to put windmills some where near cape cod and residents are trying to stop it because this would detract from their view. I'm sure if they went in there would be a chance less petrolium products would be used in power plants.
H2Andy
Contributor
would YOU want a windmill near your house? next thing you know, some nut on horseback comes around and trashes the thing, and then where would you be, view-wise?
