When are we going to get some Relief on Fuel Prices?

[Tony T.]

Vaughn;

Do a price check on one of the gas price watch sites, Flying J or Loves, fuel gets cheaper when you leave the western seven states. Texas, when we went there had the best prices, average a $1. 50 Gal. , last spring. I think the east cost is around two. If you watch as you drive you'll find all different prices.

Marv.

Marv. Those Texas prices are not so great now at $1. 999 as of two days ago where I buy my diesel fuel at Exxon station, regular unleaded $1. 849.

 

[Sojourner]

Actually, the law of supply and demand says that when demand outstrips supply, prices will rise until demand drops into balance with supply. That's what we see happening.

My thoughts are this is definitely not exactly the case. As was pointed out, there is absolutely no shortage in distribution as was witnessed in a *real* (haha) 'fuel shortage' in '74. There has been a silver deficit for many years (more consumed than produced), yet the price of silver never reflects this in the least. And those who watch precious metals closely know that the 'money powers' manipulate the prices of gold and silver, and have done so for decades (with the one exception where the Hunt Brothers and the Saudis tied it up with 'em). The money powers own the international oil companies, so it only follows that they can and do manipulate the price of oil as well (not totally, but enough to serve their purposes).



IMO, the price of dino fuel/oil will continue to rachet up. The price may drop a few cents here and there (only to be followed by a larger rise), but you can forget about any subtantial drop in fuel prices in the future. The days of relatively cheap dino fuel are gone. Time to develop alternatives. If we do it now, then there be less pain in the transition.

 

[JL penner]

Time to develop alternatives. If we do it now, then there be less pain in the transition.

Reason # 754 of why I bought a CTD, they are closer to a Diesel alternative than they are to a Gas alternative, from what I've heard.

 

[RustyJC]

My thoughts are this is definitely not exactly the case. As was pointed out, there is absolutely no shortage in distribution as was witnessed in a *real* (haha) 'fuel shortage' in '74.

If you go back and look at my original post, I'm talking about demand increasing faster than supply over a global, long term perspective. This has nothing to do with whether the tanker has enough fuel to fill the underground storage tanks at the corner stop-and-rob this week. That comes under the heading of a local, short term disruption in supply.



There was a graph in the most recent issue of the TDR that tracked crude oil price with diesel fuel price over (IIRC) the last 30-40 years or so. It might be worthwhile to take a look at the direct correlation between the two.



Rusty

 

[hagar]

long term increases in demand driving prices up is understandable, that however, does not explain the local stop and rob going up . 20 cents in a day, it doesn't explain fuel being $2. 20 in Spokane Wa. and $1. 99 in post falls Idaho and $1. 65 in Indiana

 

[guava]

What gets me angry is when the big oil companies come out with their quarterly earnings statements... .

Just take a look at the profit statements. I don't mind paying a fair price but between the government and the oil companies both asking me to bend over and never once saying thanks... . angers me greatly!

 

[CAgnoli]

Truckers aren't going to take it anymore

:-{}



Monday evening, I spoke to three seperate big rig drivers, each independants, and they stated that essentially, they work for free right now, fuel costs have gone up over $850. 00 per month for each of the drivers, and as one driver told me, he's sick of working for nothing. It's cheaper to stay home, and make the truck payment.....





I'm very worried that if the teamsters don't stage some type of rally, the cost of goods is going to go up, and we are actually going to see inflation. I understand we don't even have a shortage of crude, but rather, a shortage of refineries to create the EPA designated fuel. THANKS BILL CLINTON..... for NOTHING. These refineries don't just show up overnight, and if we don't see some relief soon, I don't think we ever will.



Apparently, the general populace of the country is retarded, there hasn't been any public outcry, we just sit back, and pay it.



I like the statement from the EPA two months ago "Rising fuel prices haven't kept consumers from the pump's, demand isn't down. " Well of course not, we still need to get our A$$es to work, AND instead of going out to dinner, we are putting cash in the tanks, not to mention, not purchasing any new clothes.



My monthly fuel bill has gone from an average of 330 per month to over 600 per month. Not to happy about that.



But on the bright side, my truck got 18. 8mpg last night.....



Sorry for the rant, just curious to know if anyone else has heard similar stories from drivers, OR are long haul drivers themselves, who are being pushed out of business???



Chris

 

[CAgnoli]

Yeah, but Vegatable Oil is $3.78 a gallon...

Don't count on any relief. Time to develop alternatives. Fortunately diesel engines run on vegetable oil, Rudolf Diesel's original intention.

Turbo Dawg, I agree that alternatives are, and need to be developed, however, they aren't cost effective right now, and the USA can't afford almost 4 bucks a gallon for the alternative.



Yeah, recycled veggie oil works, and is cheap, but only as long as a select few use it, I think that if forty or fifty of us in a local area bought conversion kits, local choke and puke's would run low on the used oil, or worse yet, realize it's lost profit, and start selling it.



I think we need to look at REALISTIC EPA regulations, this green house gas BS is just that. The Polar ICE cap's are GROWING, not shrinking, hardly global warming. Granted, LA has a smog problem, but we shouldn't throw the baby out with the water.



You have to agree that a 60 cent per gallon spike in on road diesel, during the same time frame that off road diesel rose 1 cent is more than a little fishy.



Maybe the tree huggers will change thier minds when Milk is 5 bucks a gallon, and Veggie Burger's at the local Subway are 9 bucks due to the high cost of transportation. (Again, I'm not trying to be argumenative, just offering my opinion)



C

 

[RustyJC]

Just to keep things in perspective, crude oil closed right at $50/bbl yesterday. Since 1 bbl = 42 gallons, that means that the base stock hitting refineries costs $1. 19/gallon. That's before it's refined into gasoline, diesel fuel, etc. , before distribution costs, profits, federal and state taxes are added.



Rusty

 

[PaulG]

well lets hope when they start making more home heating oil that diesel prices will drop, normally thats what happens. they are making so much gas right now to keep up with the demand diesel and home hetaing oils are taking a beating..... i'm ready to buy a hybrid care just to go back and fourth to work!!!! only if i could afford that but when it cost me $60+ a week to fill this truck i'm wondering if i don't drive it often i could make a $200 a month payment on a car!!!

 

[OCarney]

Diesel here as of Monday,was 2. 059. :{ Regular unleaded was 1. 839. My Trans Am may have just become my daily driver. But my truck did get 17. 5 on the last tank.

 

[ppfd]

While at work today I caught 3 different prices on Diesel 2 different Speedway's about 5-6 miles apart 1. $2. 12, 2. $2. 14 and a local fuel dealer was selling for $2. 09.

 

[rholcom2]

It will never stop

NEVER!!!! THEY HAVE FOUND OUT WE WILL PAY IT!!!!!

 

[Po' Riggity]

all you guys with your 2. 05 prices have nothing on us. . I paid $2. 37 yesterday, and PREMIUM was only 2. 30/gallon... I hate CA.

Scott

 

[Headshot zod]

Yipes, I just paid 2. 30 a gallon for biodiesel, it was 2. 40 but then he cut me some slack when I bought a drum of it..... yeah cali sux

 

[ToolManTimTaylor]

Pilot in milford = 2. 19

Regular unleaded = 1. 87



1 year ago



Diesel = $1. 674

Unleaded= $1. 783

 

[ToolManTimTaylor]

B. T W

Hawaii Is @ 2. 51 a gallon



Oklahoma is at 1. 90 (the lowest in the bunch)

 

[Johnny5]

Does anyone know why diesel has shot by premium fuel in price? This crap is getting out of hand. Saw 2. 20 yesterday while premium was 2. 05



Johnny

 

[amsoilman]

I just made a quick trip to LasVegas and back... ... ... ... ... ... ... ... ... ... ... ... . Diesel at the "Pilot" station off I-15 and Graig Rd. was $2. 22. 9/Gallon!



Wayne

amsoilman

 

[Big_Daddy_T]

We will see lower prices at the fuel pumps when "pigs fly"... ... ... .

Guess you havent studied your pink floyd. Im always on the lookout for pigs on the wing.



Id get used to the prices for a little while longer. At 50 bucks a barrel its going to get ugly. 220 is nothing. I forsee 260 to 290 in our near future.



I think it might be cost effective to stockpile a thousand gallons before fuel oil drives the prices up. Throw in some StaBil for good measure.



I parked my truck and am driving my fuel miser until things get better. I got better things to spend my money on than oil execs percs. We beotch and moan but rarely take any action about it. Do something about it. Walk. Or share a ride. Drive less. Drive slower. Check your tire pressure regularly. Dont drive aggressively. Or do what I did and buy a economic car. I saved enough to pay for the car on fuel costs alone in under 60 days. Cheap car.

Im in the process of putting together a 4x4 s10 that should get 20-25mpg.