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Just_ziptab
Posted on Saturday, July 09, 2011 - 08:27 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Gas went up here 18 cents yesterday afternoon and 4 cents this morning.Biggest 24 hour jump I can remember. Root cause???????
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01x1buell
Posted on Saturday, July 09, 2011 - 08:44 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

so how much is it there in iowa???
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Griffmeister
Posted on Saturday, July 09, 2011 - 10:48 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Of course it went up. Planning a big ride tomorrow. The oil companies know when you want to do something.
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Just_ziptab
Posted on Saturday, July 09, 2011 - 10:51 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

$3.69 for the (*)smart stuff.


(*) Non ethanol that cost less per mile to use,regardless that it costs more at the pump.
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Pokinatcha
Posted on Saturday, July 09, 2011 - 11:02 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

+1 zip...10% ethanol means for every ten gallons, one gallon is a waste.
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Glitch
Posted on Sunday, July 10, 2011 - 08:14 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Root cause???????
George W Bush
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Mtch
Posted on Sunday, July 10, 2011 - 08:40 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

hmmm. 1.35 Great British Pounds per litre here.

1 US gallon = 3.78541178 litres, so £5.11 per US gallon

£1 = US $ 1.6029 = 8.324688315987 per US Gallon


hope i got my maths right


(Message edited by Mtch on July 10, 2011)

(Message edited by Mtch on July 10, 2011)
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Pwnzor
Posted on Sunday, July 10, 2011 - 08:46 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Yes, Bush is still somehow in control of all the oil.
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Gunut75
Posted on Sunday, July 10, 2011 - 08:57 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

My XB gets 50 mpg on a daily basis. If it gets to be too much, I'll get a motard. A well set-up 400cc will get ya around 60+. A 250cc will get ya about 70+. They can charge whatever they want................
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Hybridmomentspass
Posted on Sunday, July 10, 2011 - 09:08 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I was thinking about this yesterday actually
Gas prices had been dropping the last month, then in the last week they started creeping back up.
A week ago it ws down to 3.36, now its up to 3.52ish

I was wondering the same - why? There hasnt been a natural disaster they can complain it on. There hasnt been a war that popped up and they can blame it on.
I think they'll finally do what they always wanted - raise it cause they can.
Bastards.
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Birdy
Posted on Sunday, July 10, 2011 - 09:48 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Some rich SOB wants a new jet or island so we gotta pay for it.
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Blake
Posted on Sunday, July 10, 2011 - 09:51 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Brief price decline due to putting some of our security reserves into the market. Not as dumb as "cash for clunkers", but a short term effect.

If a greater supply of oil for the market is understood to bring the price down, (D'UH) then the old false argument that ANWAR oil would have no effect is proved false.

At a time of troubling uncertainty in the Middle East and N. Africa, hostilities raging all over the place there, hey let's deplete our security reserves!

I fear, I actually really fear that we have traitors running our country.

They have fought to reduce our domestic production (Gulf of Mexico), and have succeeded.

They have fought to prevent new exploration and production (ANWAR, deep water, other offshore USA), and have succeeded.

It makes zero sense to me. The anti-domestic oil policies kill existing jobs, block new jobs, and inflate the price of oil.

What am I missing?
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Just_ziptab
Posted on Sunday, July 10, 2011 - 10:10 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

How come a lot of oil wells are idle in the Western states? Broke down? Pumped dry?........or holding out on us to keeps the price up?
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Panhead_dan
Posted on Sunday, July 10, 2011 - 12:13 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Just_ziptab
Posted on Sunday, July 10, 2011 - 10:10 am:

-------------------------------------------------- ------------------------------
How come a lot of oil wells are idle in the Western states? Broke down? Pumped dry?........or holding out on us to keeps the price up?


It has been a long time plan of our fearless leaders to use up the rest of the planet's oil leaving us with all of the remaining oil.
That is why they want to kill us.
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Fahren
Posted on Sunday, July 10, 2011 - 12:48 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

ziptab,

It costs more to extract from old fields than from new finds.

Oil wells may not be running if the cost to extract the crude exceeds the price they can get for it. When oil is $$ enough, the wells may start back up, unless the field is, in fact, dry.
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Blake
Posted on Sunday, July 10, 2011 - 02:47 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

The price of crude is elevated more than enough to support pumping all you can form existing wells most anywhere in the world, even here. Some older fields just won't support continuous pumping, here in East Texas for instance.
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Fahren
Posted on Sunday, July 10, 2011 - 07:06 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Not if you are in it for max profit - as long as it's cheaper elsewhere... but hey - I'm no oilman. What do I know :-)
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Cowboy
Posted on Monday, July 11, 2011 - 02:19 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

more tks to the tree hughers, I hope I live to see all of the dumb asses and liberals eating out of a garabage can, as they will not see the light till it is too late. rant over,
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