Question about gas prices?
Bob DeWeese
understand it, the prices are pretty much dictated to the station by Exxon.
The price range they are "allowed" to sell at are set according to the area.
At least this is what I was told.
--
Bob De Weese, CPL
http://www.bearlock.com
Bear Lock & Security Service, Inc - A full service locksmith company
specializing in professional, cost effective solutions
to your Commercial, Residential, Safe, and Automotive Security Problems.
---------------------------------------------------------------
Ken M. <pobo...@ix.netcom.com> wrote in message
news:38ADDBEB...@ix.netcom.com...
> x-no-archive:yes
>
> I took photos of many gas station signs last night, to compare the
> (high) prices of gasoline in this region.
>
> Question: Why does a gallon of Exxon unleaded (87) cost $1.41 in Langley
> Park, and the same gallon will cost you $1.57 at the Wildwood Exxon on
> Old Georgetown Road?
>
> See for yourself:
>
> http://www.zyworld.com/digitalphoto/montgomery.htm
>
> Is this what they call "highway robbery?" or do you need a gun to
> legally rob someone?
>
> (ken)
James Pryor
etc...)
run at $1.50 for the high octane stuff...
amazing that it's 30cents cheaper up here.
Someone please remind me again why it is that OPEC is allowed to operate the
way the do?!
James Pryor
Frederick E. Jorden
James Pryor wrote:
Let me put it simply, they are what you call independent, sovereign nations.
Their governments are supposed to do what is good for their people, not you. It
is the job of your beloved and respected President to have his appointed
representative negotiate deals which them to protect our interests even if it
does not result in a photo op. Guess who is most at fault!
--
Frederick E. Jorden http://fejcpapc.com/
Frederick E. Jorden, CPA PC
10049 Midlothian Tpk - 2-H Richmond, VA 23235 EMAIL fej...@erols.com
(804) 320-6210 FAX (804) 320-6211
John Gilmer
"James Pryor" <jep...@cablespeed.com> wrote in message
news:38b35...@news2.one.net...
> stations in the middle of the corridor (severn, laurel, odenton, jessup
> etc...)
> run at $1.50 for the high octane stuff...
> amazing that it's 30cents cheaper up here.
>
> Someone please remind me again why it is that OPEC is allowed to operate
the
> way the do?!
Independent countries are not subject to US law. If you want the US to use
its military to take over Libya & Co., say so.
>
> James Pryor
>
>
Joe Freeman
We sure aren't doing anything to reduce consumption. It is pretty hard to
fault the oil producing countries for trying to make some money for their
citizens when you see all of the one passenger SUVs on the interstate.
People are eventually going to have to change their auto buying or
commuting habbits.
<joe>
A.James Gambrini
off for years. Wake up. It is a rich man's world. The old addafe that
prices go lower with more demand is crap. All political crap. Just like
the high interest rates.
Katie
OPEC is a cartel, and member countries agree to certain levels of supply in
order to control the price. There's nothing illegal about it. Americans
don't have a special right to cheap gasoline.
Katie
--
To reply by e-mail, take out all the x's.
A.James Gambrini <Cuddly...@hotmail.nospamcom> wrote in message
news:38B42E...@hotmail.nospamcom...
Bob G.
profit...
But OPEC sells CRUDE OIL... I understand that the price has
as increased about 20% per barrel... but Gasoline and HEATIING OIL
price increases are closer to 80% Seems to me that the OIL companies
have added more to the increase then OPEC...especially in heating oil
...
Bob
Don't hold me to the above percentages as they are off the top
of my head and I have not even finished my 1st cup of morning coffee
yet.
Matthew T. Russotto
James Pryor <jep...@cablespeed.com> wrote:
}
}Someone please remind me again why it is that OPEC is allowed to operate the
}way the do?!
Because using the military to bust up trade cartels is considered
pretty crass nowadays. Though IMO perhaps suggesting to Kuwait that
the US is considering renegotiating the status of Iraq's 19th province
in exchange for cheap oil would get something done <evil grin>
--
Matthew T. Russotto russ...@pond.com
"Extremism in defense of liberty is no vice, and moderation in pursuit
of justice is no virtue."
Dave
Bob G. wrote in message <38B53D...@fred.net>...
>Very True.... I were OPEC I sure would price my product to make a
>profit...
> But OPEC sells CRUDE OIL... I understand that the price has
>as increased about 20% per barrel... but Gasoline and HEATIING OIL
>price increases are closer to 80% Seems to me that the OIL companies
>have added more to the increase then OPEC...especially in heating oil
Prices have tripled since last year. It was about $9 a barrel this time
last year, and it's now $30 a barrel.
John Burton
But on the other hand, isn't it interesting how when opec raises the
price of oil 5%, the very next day you see an approximately 10% increase
in the price of gas at the pumps, but if the price of crude drops 10%,
it will take the better part of a month before you even see a 5% drop in
gas prices. I also recall at least on major oil company claiming a 145%
*profit* for 4th quarter 1999...
*Any* volatility in crude oil prices makes it very easy for the oil
companies to rake in the profits. If you consider a production pipeline,
it probably takes at least a month between the time the raw crude is
purchased from OPEC and when you get products from *that* oil (heating
oil, gasoline, etc). This is assuming *no* storage of oil during
processing. Add storage, and you can get into several months lag between
purchase of crude oil, and consumer purchase of products made from that
oil. But if you notice, oil companies raise the price of their consumer
products *immediately* when they pay higher prices for crude oil...
Perhaps this will prompt the "isolationists" among us to realize that we
*depend* on OPEC for oil, and as long as we do, then we do not control
our own destiny... The same thing happened in the '70s...
John
Dave
John Burton wrote in message <38B6909D...@gats-inc.com>...
>
>But on the other hand, isn't it interesting how when opec raises the
>price of oil 5%, the very next day you see an approximately 10% increase
>in the price of gas at the pumps, but if the price of crude drops 10%,
>it will take the better part of a month before you even see a 5% drop in
>gas prices. I also recall at least on major oil company claiming a 145%
>*profit* for 4th quarter 1999...
* snip*
>Perhaps this will prompt the "isolationists" among us to realize that we
>*depend* on OPEC for oil, and as long as we do, then we do not control
>our own destiny... The same thing happened in the '70s...
>
We have more recourse than you claim. I'm sure a lot of people driving
all those big SUVs with thirsty V-6 and V-8s and sometimes V-10s are
complaining loud at the pumps, but nobody put a gun to their heads to buy
the beasts. I'm far from a tree hugger, but you have to take responsibility
for your own actions. We can all cut down on our oil consumption by buying
more fuel efficient vehicles, driving less, and maybe even carpool or public
transit (I know that will get a lot of people riled up). Until we try all
of these things, I can't say that we have much to complain about except
about our own bad choices in vehicles and lifestyles.
Red Wing
Dave <dav...@my-deja.com> wrote in message
news:896i3o$8ci$1...@bob.news.rcn.net...
Amen
--
Red Wing Theater - Cowboy Movies every Saturday
- and two blocks up from " Emily's" - Spring 1945
John Gilmer
"John Burton" <j.c.b...@gats-inc.com> wrote in message
news:38B6909D...@gats-inc.com...
> Dave wrote:
> >
> > Bob G. wrote in message <38B53D...@fred.net>...
> > >Very True.... I were OPEC I sure would price my product to make a
> > >profit...
> > > But OPEC sells CRUDE OIL... I understand that the price has
> > >as increased about 20% per barrel... but Gasoline and HEATIING OIL
> > >price increases are closer to 80% Seems to me that the OIL companies
> > >have added more to the increase then OPEC...especially in heating oil
> >
> > Prices have tripled since last year. It was about $9 a barrel this
time
> > last year, and it's now $30 a barrel.
>
> price of oil 5%, the very next day you see an approximately 10% increase
> in the price of gas at the pumps, but if the price of crude drops 10%,
> it will take the better part of a month before you even see a 5% drop in
> gas prices. I also recall at least on major oil company claiming a 145%
> *profit* for 4th quarter 1999...
I do believe you are making up the facts as you go along.
Crude prices have more than doubled but gas prices haven't.
Also, tell us which "major oil company" claimed a 145% profit for the 4th
quarter of 1999.
>
> *Any* volatility in crude oil prices makes it very easy for the oil
> companies to rake in the profits. If you consider a production pipeline,
> it probably takes at least a month between the time the raw crude is
> purchased from OPEC and when you get products from *that* oil (heating
> oil, gasoline, etc). This is assuming *no* storage of oil during
> processing. Add storage, and you can get into several months lag between
> purchase of crude oil, and consumer purchase of products made from that
> oil. But if you notice, oil companies raise the price of their consumer
> products *immediately* when they pay higher prices for crude oil...
>
> Perhaps this will prompt the "isolationists" among us to realize that we
> *depend* on OPEC for oil, and as long as we do, then we do not control
> our own destiny... The same thing happened in the '70s...
>
> John
castimon
> all those big SUVs with thirsty V-6 and V-8s and sometimes V-10s are
> complaining loud at the pumps, but nobody put a gun to their heads to buy
> the beasts. I'm far from a tree hugger, but you have to take
responsibility
> for your own actions. We can all cut down on our oil consumption by
buying
> more fuel efficient vehicles, driving less, and maybe even carpool or
public
> transit (I know that will get a lot of people riled up). Until we try all
> of these things, I can't say that we have much to complain about except
> about our own bad choices in vehicles and lifestyles.
Well said.
I love filling up every 2 to 3 weeks. :-)
A.James Gambrini
either did they? Do you know how many men have lung problems protecting
their sorry butts? A lot! America needs to pull all military and
economic aid. Then go to Russia since they have the worlds largest
untouched oil reserves. The real loser is the world economy as it will
shortly falter.
Tony
A.James Gambrini
everywhere. The people are like sardines on the metro trains in dc. All
that bo just makes me puke. lol Hydrogen is the answer.
Tony
Dave wrote:
>
> John Burton wrote in message <38B6909D...@gats-inc.com>...
> >
> >But on the other hand, isn't it interesting how when opec raises the
> >price of oil 5%, the very next day you see an approximately 10% increase
> >in the price of gas at the pumps, but if the price of crude drops 10%,
> >it will take the better part of a month before you even see a 5% drop in
> >gas prices. I also recall at least on major oil company claiming a 145%
> >*profit* for 4th quarter 1999...
>
> * snip*
>
> >Perhaps this will prompt the "isolationists" among us to realize that we
> >*depend* on OPEC for oil, and as long as we do, then we do not control
> >our own destiny... The same thing happened in the '70s...
> >
>
Bruce Harper
wrote:
> We have more recourse than you claim. I'm sure a lot of people driving
> all those big SUVs with thirsty V-6 and V-8s and sometimes V-10s are
> complaining loud at the pumps, but nobody put a gun to their heads to buy
> the beasts. I'm far from a tree hugger, but you have to take responsibility
> for your own actions. We can all cut down on our oil consumption by buying
> more fuel efficient vehicles,
I totally agree, now can we get the auto makers to come through with
those more fuel-efficient vehicles? It seems like we could have some
form of electric car now, plus a hybrid gas/electric car, too. But
rather than make these vehicles available now, there seems to be
a push to make electric cars with the speed and acceleration of the
muscle cars of the '70s along with the ability to travel for weeks
between recharges. I guess they aren't really looking at the market.
Here in Blacksburg, I drive about four miles from home to work. A short
stretch of that is on the US 460 bypass, a four-lane with a 55 MPH speed
limit -- although a minor route change would keep me on town streets.
There are also trips around town to move a child or two from point A
to point B. A small electric car would serve me well and if necessary I
could plug it in every night to keep it charged.
But for some reason, the auto makers are looking to create the
highest-efficiency vehicle possible before making it available to the
public. Because of the time and money that is going into this
development, the resulting cars won't be cheap.
I guess when my grandchildren are ready to drive, there will be
a new and better form of transportation.
Bruce in Blacksburg
handyman
lease out from under you! Operators only make a few cents a gallon. I used
to manage a station in Florida, profit per gal. was about $.02 to $.03 a
gal. probably more like $.05 today, taxes are a big part of fuel price.
BTW he may own the stations but Exxon controls the operation and the name.
"Bob DeWeese" <bear...@erols.com> wrote in message
news:88kqf3$2h$1...@bob.news.rcn.net...
handyman
reserves here. Release a few million barrels and then listen to Middle east
squeal like pigs. They are dictating how our good or bad our economy will
be.
Kuwait should be pumping as much fuel as they can and shipping it here for
free! Since we got the shiek his country back! Same with Saudia Arabia, now
that the US is pouring millions into S.A. for the permission to have
strategic bases and supplies there, they should be giving oil away
dav...@my-deja.com
Bruce Harper <bha...@vt.edu> wrote:
> I totally agree, now can we get the auto makers to come through with
> those more fuel-efficient vehicles? It seems like we could have some
> form of electric car now, plus a hybrid gas/electric car, too. But
> rather than make these vehicles available now, there seems to be
> a push to make electric cars with the speed and acceleration of the
> muscle cars of the '70s along with the ability to travel for weeks
> between recharges. I guess they aren't really looking at the market.
>
> Here in Blacksburg, I drive about four miles from home to work. A
short
> stretch of that is on the US 460 bypass, a four-lane with a 55 MPH
speed
> limit -- although a minor route change would keep me on town streets.
> There are also trips around town to move a child or two from point A
> to point B. A small electric car would serve me well and if necessary
I
> could plug it in every night to keep it charged.
>
> But for some reason, the auto makers are looking to create the
> highest-efficiency vehicle possible before making it available to the
> public. Because of the time and money that is going into this
> development, the resulting cars won't be cheap.
>
> I guess when my grandchildren are ready to drive, there will be
> a new and better form of transportation.
>
> Bruce in Blacksburg
>
Check out the Honda Insight hybrid, it gets about 70 mpg, I believe.
Edmunds has a pretty good writeup on it. Cbeck out www.edmunds.com
Dave
Sent via Deja.com http://www.deja.com/
Before you buy.