8.07.2006

Remember When Gas Was Just $2.50 A Gallon?

13 comments:

Anonymous said...

no..it seems like it jumped from 2.25 to 2.95 overnight..it's getting to where noone can drive to work anymore. it 'bout takes your whole paycheck to pay for gas to get to work..unless you are a lawyer and make the big $$$$. sorry barry, had to go there...

Anonymous said...

Where is the outrage of the federal government making more money in the form of federal excise tax on a gallon of gas than the profits of Exxon? All they have to do is impose it and collect it. Exxon has to explore, drill, transport, refine and distribute it.

Anonymous said...

What I love is how they hide behind the environmental issue as the reasoning for taking the pipeline out of service INDEFINITELY. It is not a consideration that the production will be worth $10 - 12 per barrel more when they bring it back online. BS BS BS BS BS BS BS BS.

I can assure you that attorneys will make their share.

Anonymous said...

3;59, You must get your news the same place TxSheehan gets hers. They say the pipeline will be out of service for several weeks, not INDEFINETLY. And how will they be able to charge $10-$12 per barrel over the market price? How loud would you have screamed had they not fixed the leak and screamed BIG OIL does not care about the environment? Why does tin foil cost so much? Because there is a big demand for it. People need their hats.

Anonymous said...

Wow! Alaska oil is shut down for a few weeks and the markets go goofy. Fact is, the Alaska field was supposed to have run out years ago and it’s still working (till this). This field and others won't last forever. Wake up, folks; we've got to become more efficient in our use of oil. Dump that huge truck or SUV you drive to work or the mall. Consolidate trips. Quit ferrying your kids all over town. OR - don't gripe when the price goes up.

Anonymous said...

Hey all. Just don't buy so much gas. Live closer to your job. Live closer to things you like to do. Quit CHOOSING to drive giant vehicles...or choosing to own things or engage in activities that you think demand some big car or truck. Realize that when people say "I need that big truck to do this" or "I have to have a Suburban to do that"..it's just your choice. Necessity plays no part in it. As long as you keep paying, prices will keep high. HYPOCRISY amok in Wise County.

Anonymous said...

Actually, let's be honest. HYPOCRISY amok in the USA!! We are all pretty much to blame.

and your point is? said...

They just need to put a stop to this and lower the gas prices! Quit blaming each other......wow, so many hateful people around here.

Anonymous said...

Just who is the "they" who should lower gas prices? I own stock in gas and oil companies and I like the profits we're making on dopes who drive gas guzzlers. This is good ole American capitalism at work.

m&m said...

The oil companies need to lower the price of gas at the pump. It is their choice to raise the price. They don't have to. Remember their profits are up 36%. That means whatever their profits were last year, it has increased 36%.

Another point. It's pure price gauging when something happens like this Alaska deal, and the price at the pump goes up a bunch the very next day. The oil refined to make the gas at the pump today was puchased 3 to 6 months ago. It's a futures market. The oil bought on the market today won't hit the pump for 3 to 6 months so why should gas go up today? Doesn't make sense to me.

Anonymous said...

6:52 move closer to work, you just lost over half the population of wise county and ALL the tax revenue that goes with them, drive a small car with 18 wheelers all around you ?? Safe or Not ?? If we want to make a difference pick a gas company and not buy there gas, then you can make a difference.

Anonymous said...

The Alaskan Pipeline makes up less than 2% of the Oil and gas bought by the US. We depend more on foriegn oil. There is no need for panic by Industry or even the market. They just want another excuse to make more money !

greta said...

Just got an alert from our fuel card company that several gas stations are out of fuel in IL, TX, and MO -