5.17.2007

Sell Your Car. You Can't Afford To Drive It.


Pic taken this evening.

18 comments:

Anonymous said...

$3.13 for a gallon of gas??? That's higher than giraffe p-ssy!!!

Anonymous said...

When will this end? Common folk CANNOT continue to pay these prices! How will teachers commute to school??? I guess the school buses will now have to pick up the teachers and take them back home too! Our government!! patooey!

Anonymous said...

Sell the car?? Who would buy it?!

Anonymous said...

What does the government have to do with it, 8:22PM? You might want to look up the law of supply and demand. We are in the decline of inexpensive oil reserves. The decline curve looks more like a cliff after the peak of production.

Enjoy your SUVs everybody!

drivetoofasttoworryboutcholesterol said...

Well I guess the price of gas doesn't worry me much on my m-cycle. That doesn't however help my transport through UN-wise county. Some of y'all up there don't seem to like us eco-friendly commuters much.

Anonymous said...

anon at 8:52 you are spot on. In years past while we were paying less than two dollars a gallon for gasoline Europeans and many others were paying four, five, six dollars per gallon. They made adjustments....small cars, lots of motorbikes, even bicycles. We've been spoiled for too long. And the technology for alternative sources has always been put on the back burner.......BIG OIL sleeps with the politicos. You reap what you sow.

TXsharon said...

8:52 It has a lot to do with our government and all the favors that have been handed down to Big Oil including an Attorney General who refused to investigate price manipulation even when asked by State Attorneys Generals

Pretty sweet deal for Big Oil right now.

Anonymous said...

i thought gas was going down 20 cents, not up 20

Think Frustrated said...

We've been at 3.49 in the Chicago suburbs for two weeks now.

They can charge us whatever they want to for gas because we have no other choice. Thank OPEC for that.

The ratio of a gallon of gas to the gallon of crude oil used to make that gas has exponentially increased since 2002. Profits get bigger, I can barely buy bread and balogna.

The Devil said...

I anyone posting here really so broke that 3.13 for gas really matters. Focus on the the money you have coming in(savings,investments,etc.) and not so much on the normal monthly expenses. Most likely you can find a way to make up the difference in the long run!

Anonymous said...

I thought that Wordkyle promised us that all our concerns about "$3 gas" were wild liberal Democrat scare tactics! Didn't he scoff at these Democrat warnings about "$3 gas" just after the elections a few months back???

Anonymous said...

All this fussing about gas and electricity, yet it's our own fault. We build homes far from job centers (so we can be away from all the "big city" problems like...meth and sex offenders?). We've got to have 20 foot ceilings and multiple compressors to cool our oversize houses (what? it takes electricity to run those?) And we simply must have oversized vehicles that never haul anything so that others will think we're living the American dream. Then we get upset and blame oil companies and electric companies because they're charging what we will pay (who doesn't?) since we're committed to sucking all the juice and gas we can get our hands on.

TXsharon said...

10:24 We? Is that you and your mouse?

So, is this what you are saying: Because some people buy huge gas guzzling vehicles and build enormous houses it's acceptable for Big Oil to manipulate their prices? If that's what you're saying, then what about the mice that aren't in your pocket? Can we go back to paying $1.29/gallon?

God said...

txsharon, normally you are spot on. This time you're wearing the tin foil a little too tight.

Read through R-Squared Energy Blog. Some of the posts on the page now relate to what is going on. There is simply not enough oil to meet demand, and not enough refinery capacity. The demand is now 22 million barrels a day, we have 16 million barrels a day refinery capacity.

Now I'm sure you'll think that it is another conspiracy as to why there is not enough refinery capacity. The simple fact is it isn't worth building additional capacity in the US today. It is the same reason we don't have enough nuclear power plants and wind farms. Not in my backyard.

There is also the fact that there are many gasoline formulas for different regions (usually mandated by emissions requirements) and you just can't switch a refinery on the fly to make more Texas gas when they've committed to refining California gas.

Regardless, even if we built 20 refineries tomorrow then the more pressing problem of not enough supply would expose itself. All the supergiant oil fields in the world are in decline. There has been no significant oil field discovery in the last 30 years. You must realize that when a field goes into decline, it is not a gentle taper, it is like falling off a cliff. "Stimulating" a well or field just hastens its decline.

We have to face the fact that the era of inexpensive oil is over permanently.

TXsharon said...

Dear God, you miss my point. Yes, peak oil and all that however, Big Oil is once again slated to make record breaking profits over and above the obscene profits they made last year.

Just because we are running out of oil (btw, The right-wing nut jobs are expecting you to do something about that.) and the "era of inexpensive oil is over," doesn't mean we need to continue bending over and letting Big Oil stick it to us.

God said...

Uh, so what is an acceptable profit margin in your opinion? Should they become a non-profit organization? I seem to remember a couple of years ago when the cry went up that oil companies were making too much money. After analyzing their revenue, they had an average profit margin. Companies like Microsoft and Apple had far larger profit margins but you don't see anybody calling for their blood in the streets.

People went out and made their own alternatives to software made by those two companies. Why hasn't the public taken the initiative in fuels? Sure there are small bio-diesel groups, but no widespread movement. Seems like all that happens is more hand wringing.

The margins for gasoline are razor thin. There isn't much difference in the price of a gallon of gas from a refinery and one you pump into your tank. You have to add the cost of hauling hundreds of gallons of gas in a tanker. Oil companies don't get free diesel.

You seem to miss that many of these companies are pouring revenue back into alternative energy research. You notice that these companies have changed from "oil and gas" to "energy" companies? You don't get research and development by breaking even. Royal Dutch Shell's CEO has admitted to seeing the writing on the wall. They've invested in other areas, and they've also invested in new techniques for retrieving petroleum from the North Sea which is one of the worst places on Earth to work.

Before you accuse me of shilling for oil companies, I have nothing to do with them other than purchasing their products. I have never been employed by one. This is not to say they haven't done downright evil things before and currently. But think about it. Why would they have to "manipulate" their pricing as you call it. They don't have too, most of the country cannot function without their product. Why would they raise prices in the face of rising demand? So they can prevent more people from buying their product?

Anonymous said...

Well i have another for you. It was $3.15 at Allsup's on 287 at 1:30 am on May 20, 2007. Damn the gas prices are sky rocketing. What the hell are we gonna do????????? I guess we need to ride a bike to work every day and get our ass ran over on the way there!!!

Anonymous said...

we should all look at our goverment and wonder the law of supply and demand only works for those who can bribe politicans ie if all the water wells in wise county go out expect for mine and i do the big oil thing and charge 20.00 a gallon the goverment will come in an regulate me to a friendly price now if i was a big company with lots of money i would be able to bribe my way and keep doing this think about that for awhile and you will see why we should look to our goverment