What Can you do to help fix The fuel cost problem?

[JesseJ]

Amen brother. I'm ashamed of my RINO republican Chuckie Hagel but he knew he wouldn't get re-elected this time around so he's bowing out, FINALLY! I'm fairly sure that our new senator taking his place will be a lot better. The other problem is that everyone wants new refineries but they all say not in my back yard. That's what's happening in Yankton, S. D. Thankfully I think it's still going to get built anyways.

 

[GOTSOOT]

Problem is that you cannot get the majority of people to follow any sort of solution. !!

 

[Edward]

Problem is that you cannot get the majority of people to follow any sort of solution. !!

That will change soon. When fuel gets over $4. 00 a gallon I am sure people will rethink their position on drilling in Alaska.



Edward

 

[Gary - K7GLD]

That will change soon. When fuel gets over $4. 00 a gallon I am sure people will rethink their position on drilling in Alaska.



Edward

Personally, I wonder how much price increase, combined with the financial destruction of this country it will TAKE, before the big oil supporters will finally, grudgingly, scream ENOUGH!



How many of the young families, the elderly, and large percentage of our business, agricultural and manufacturing sector must FAIL, before they finally confess that just MAYBE, runaway Capitalism without a conscience, is a BAD thing for our society.



How many of their OWN first-born - or their own fixed income parents - are they willing to sacrifice on the altar of "Capitalism at it's FINEST"?

 

[DCreed]

Problem is that you cannot get the majority of people to follow any sort of solution. !!

ADVERTISING ! Oo.

If you see it often enough it becomes real/true. Thas how we got this way in the first place! Feed the sheep enough B. S. and they'll follow anything. We just have to shout louder than the profiteers.

 

[Edward]

Personally, I wonder how much price increase, combined with the financial destruction of this country it will TAKE, before the big oil supporters will finally, grudgingly, scream ENOUGH!



How many of the young families, the elderly, and large percentage of our business, agricultural and manufacturing sector must FAIL, before they finally confess that just MAYBE, runaway Capitalism without a conscience, is a BAD thing for our society.



How many of their OWN first-born - or their own fixed income parents - are they willing to sacrifice on the altar of "Capitalism at it's FINEST"?

If you think capitalism is bad try fuel prices in socialist Europe. The Netherlands has a price of 6. 48 a gallon.



CNN/Money: Global gas prices



I guess you missed the post on who sets the price for oil and it ain't big oil. The commodities markets around the world set the price.

Oh and capitalism with the supply and demand controls of the market isn't responsible for the restriction of supply our government is. Not allowing any drilling for oil cuts the supply and over time as demand goes up so is the price as we all can see.



Edward

 

[Gary - K7GLD]

If you think capitalism is bad try fuel prices in socialist Europe. The Netherlands has a price of 6. 48 a gallon.



CNN/Money: Global gas prices



I guess you missed the post on who sets the price for oil and it ain't big oil. The commodities markets around the world set the price.

Oh and capitalism with the supply and demand controls of the market isn't responsible for the restriction of supply our government is. Not allowing any drilling for oil cuts the supply and over time as demand goes up so is the price as we all can see.



Edward

I am very aware - AND bemused at the FACT that overseas prices to the consumer for fuel has increased a mere FRACTION of what OURS has in the last couple of years - they were ALREADY paying far higher prices than we were, due to various taxes, and in many areas, getting about a quart MORE per European gallon than we do in USA gallons.



Just go back 3 years, and see what those same European consumers were paying THEN, compared to us, you may be shocked at how little, relatively speaking, theirs has risen compared to ours!



Wanna see proof? Here's some historical data from the years indicated - these are in LITRES, so multiply price by 4 to get European gallons:



#ad




Using your Netherlands example, in 2004, they were paying $4. 92 (diesel) - neary $5 a gallon, and in 4 years, THEIR price has risen (using your figures) $1. 56, or roughly 33%. How much, percentage-wise, has OURS risen in 4 years, HMMmmmmm?



Yeah, theirs HAS gone up in price but not NEARLY in the double and triple cost ours has in the same time period, and when I state "big oil", that INCLUDES the commodities traders - all part of the same "as much as traffic will bear" game...



Don't you wonder WHY?



Do any here REALLY think our consumption of fuel has increased 3-fold over 3 years ago?



Do any here REALLY think it now costs 3 times as much to pump crude oil, transport and refine fuel as it did 3 years ago?



With all the advances in oil exploration, drilling and related production technologies, do any here REALLY think those related costs are now *3 times* what they were several years ago?



IF SO, I have some very nice swamp land in Florida I'd like to sell you...

 

[kenny61]

This is why europes prices havent risin as much as ours.

http://www.advfn.com/p.php?pid=qkchart&symbol=FX%5EUSDEUR#@$%!

 

[kenny61]

This article explains it...

ROME Institute - Whats the Impact of a Weak Dollar on Crude Prices?

 

[kenny61]

Wait till they switch the pricing over to Euros can you say $6. 00 per gallon?

OPEC mulls move to euro for pricing crude oil | EnergyBulletin.net | Peak Oil News Clearinghouse

 

[Silver Bullet Ram]

Looks like someone is forming something here. I just stumbled acrossed it



Home

 

[Gary - K7GLD]

This is why europes prices havent risin as much as ours. #@$%!

And don't forget, the price per gallon seen in Europe is in LITRES, so they get about 20% MORE FUEL for the gallon price than we do - or put another way, they get *6 gallons* for every 5 they buy, compared to the US gallon...



Put still ANOTHER way, if they are paying $6 per European gallon, that would equal about $4. 80 for a US gallon.



NOW how much difference do you see between their price and ours?

 

[EEdmondson]

And don't forget, the price per gallon seen in Europe is in LITRES, so they get about 20% MORE FUEL for the gallon price than we do - or put another way, they get *6 gallons* for every 5 they buy, compared to the US gallon...



Put still ANOTHER way, if they are paying $6 per European gallon, that would equal about $4. 80 for a US gallon.



NOW how much difference do you see between their price and ours?

???????????????????? Clear as mud.



Multiply the price per liter by 3. 785 to get the price per gallon.

 

[Gary - K7GLD]

???????????????????? Clear as mud.



Multiply the price per liter by 3. 785 to get the price per gallon.

As I understand it, the European Liter = roughly 1. 2 US quarts - so use your own math to display what a European gallon would equal in US quarts, and then, what a European gallon at $6 would cost in US dollars - assuming the UK is using a 4 litre gallon...



By my "flawed" math, we in the US would have to pay about $7. 20 for the volume of fuel in a $6 UK gallon.



In the case of the UK, in 2004, they were at what equalled $1. 60 US per litre. Multiply that x 4 to get gallons, and in 2004 that would = $6. 40 for a UK gallon that was equal to *1. 2 US GALLONS*



My POINT is, quoting UK price per gallon, compared to US gallons is apples/oranges - since the actual VOLUME of fuel is different between them.



SO, given a choice between paying $6 for a UK gallon, or $6 for a US gallon, which would YOU choose? :-laf

 

[klenger]

I've never heard of a "European gallon". If's is metric, it's liters, simple as that.



According the chart that Gary posted a bit ago, the price of diesel in Germany in 2004 was $1. 29 US dollars / liter. That works out to $4. 88 / US gallon (1 gallon = 3. 7843 liters). The reason fuel is rising faster in the US is because fuel prices are rising worldwide while the US dollar is dropping.



This whole discussion is focusing on the wrong issue. Instead of our politicians trying to manipulate the price of energy (which they cannot do), they should be focusing on strengthening the US economy.

 

[DCreed]

I've never heard of a "European gallon". If's is metric, it's liters, simple as that.



This whole discussion is focusing on the wrong issue. Instead of our politicians trying to manipulate the price of energy (which they cannot do), they should be focusing on strengthening the US economy.

It's called an "IMPERIAL" gallon ... and I agree with the second part!

 

[J.BURCHFIELD]

Good suggestions on here. The buying public controls the price. It is the old supply and demand that has a direct effect on prices. The less we buy the lower the price. The Oil Companies probably anticipate a slow down in sales so they are stock piling money. If we and the automobiles would stay out of the stations that buy crude from the towel heads it would help a lot. Exxon and Mobile are the Companies that buy the Towel Head Oil. Citco comes from Chavez we should not buy from a dictator. I saw something the other day that I believe. There is 200 years of oil in Prudo Bay AK. I would guess we don't drill it or uncap it because we would have to build more refineries. Until the IDIOTS that are in the way are voted out of office it probably won't happen. As I have said before. They think they can force the auto industry to build pollution free cars by not allowing new refineries to be built. They are creating a larger problem by creating a shortage and driving the price up. TYPICAL to say the least. A good example of their ignorance is their refusal to allow underbrush to be cleaned out of our forests for fear some logging would take place. They must not know lightening strikes sets fire to the underbrush and we then have a full blown forrest fire. Millions of acres of trees destroyed that could have been saved to say nothing of the Firemen that loose their lives. The people responsible for this are nothing but IDIOTS and do not deserve any respect from anyone. Indirectly they commit murder.

 

[JasonCzerak]

Google is your friend:



US gallon to imperial gallon - Google Search

 

[Edward]

And don't forget, the price per gallon seen in Europe is in LITRES, so they get about 20% MORE FUEL for the gallon price than we do - or put another way, they get *6 gallons* for every 5 they buy, compared to the US gallon...



Put still ANOTHER way, if they are paying $6 per European gallon, that would equal about $4. 80 for a US gallon.



NOW how much difference do you see between their price and ours?

The cite I gave took into account the conversion. The amounts listed are in US dollars.

Price in USD Regular/Gallon

CNN/Money: Global gas prices

Edward

 

[Moe]

Sorry Gary, I dont really worry about liters overseas or Canada or Mexico, as I will never drive my Cummins there. I am an old guy who is use to a dollar a gallon for fuel. Granted it will never go back there again unless the DEPRESSION hits,and it looks like it could be starting again{ ala BEAR STERNS Collapse}