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O/T Truth, Lies, and Gasoline

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Turke Bros. Far

02-25-2008 06:34:54




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I woke this morning to my normal clock radio, just so happened the morning news was on. The radio announced claimed that OPEC is cutting production. The reason because Americans are using less gasoline than normal. Yep! Hate to say it guys $3.50-$3.75 per gallon of gas comming to a Gas Station near you. With the economy at a low, and everyone cutting back, they still want to make up the difference from your wallet. This could not come at a worst time...with spring comming and planting season. No one EVER gives a straight answer where our fuel actually comes from. Last week in my area 25 cent increase, the reason a fire in a refinerey in Texas. Who is responsable in negotiating with these guys? Is it Codelesa Rice? Someone needs to be accountable and speak up! I urge each and every one of you folks to make time and call your State Representative and voice your complaint. Their phone numbers are usually in the Goverment Section of your local Phone Book, mine was in the front, near State Government. This has got to end. DTURKE

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Weldon K

02-25-2008 19:04:00




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
I believe that tough times are coming, real tough times. What with petroleum product prices, credit problems such as the subprime lending mess, consumer's personal indebtedness ( credit card , vehicle and mortgage, etc.) falling housing values and governmental debt with continued deficit spending we are setting up for an economic wreck. I hope I'm wrong.

Found this to be interesting reading : ( Read the comments by jwell at the bottom of the article )

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02XLT4X4

02-25-2008 13:20:56




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 Re: O/T Truth, Lies, and Gasoline in reply to Allan In NE, 02-25-2008 06:34:54  

dhermesc said: (quoted from post at 12:24:47 02/25/08) "They also have excellent mass transit systems. You can go anywhere in the country by rail for a few dollars."

Another reason why gas should be even cheaper in England.


If they don't have the demand they won't have the capacity to make it cheaper either.

Not to mention they have a lot more taxes on it taxes on it than we do in the US.

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chvet73

02-25-2008 11:10:09




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
How about the profits the oil companies are raking in. They continue to set record amounts. This is something the Government could do something about. There is such a thing as a windfall profit tax. I wouldn't mind the high prices if their profits were within reason. I bet everyone of you would like your profits to go up the way theirs have over the last several years.
It is really just greed by big oil. If they cut their profit to a reasonable level your gas cost would be about half.

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Sid

02-25-2008 12:48:14




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 Re: O/T Truth, Lies, and Gasoline in reply to chvet73, 02-25-2008 11:10:09  
Well chvet 73, just how many pennies do the oil companies make for every dollar they spen?



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chvet73

02-26-2008 08:35:16




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 Re: O/T Truth, Lies, and Gasoline in reply to Sid, 02-25-2008 12:48:14  
abcnews.go.com/WNT/story?id=1029991

Just check coutless articles like this and you can see what I'm talking about. Profits are after they invest in exploration.



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ktheo1

02-25-2008 12:44:17




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 Re: O/T Truth, Lies, and Gasoline in reply to chvet73, 02-25-2008 11:10:09  
Thank God for my EXXON MOBIL stock in my 401K



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davpal

02-25-2008 10:16:32




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Gas is a bargain at $3 dollars a gallon. People don't realize what it takes to get a gallon of gas to the pump. If we didn't get so used to spending every cent we make on useless consumer products all the time we would have plenty of money for gas. Look at all the crap people are so used to having because of all the extra income they have had over the years. Motor homes, quads, snowmobiles, suv's, 4wd pickups, cell phones, 3000 square foot houses, airplane trips. We are using our resources at a rate 10 times faster than we need to. Jet planes are using 3500 gallons of jet fuel per hour to fly people around on a whim. Think about it. I will always have enough money for the expensive gas. All I have to do is cut some of the frivelous crap out of my life once a year and Bingo, I have gas money. One less atv in the garage will buy a ton of gas. Think of all the horrible interest most people are paying out every month to have a house that is huge. People pay a $1500 dollar a month house payment and $1400 of it is interest. Its not the gas that is expensive. People have lost their minds with spending.

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1206SWMO

02-25-2008 17:45:59




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 Re: O/T Truth, Lies, and Gasoline in reply to davpal, 02-25-2008 10:16:32  
A great-great many people dont have a motor home,SUV,4WD truck,quad,snowmobile,3000 square foot house.etc.

When you live in an area of $10-12 per hour jobs $3.00 plus fuel makes things tough on some.Most people in this area take home about the same money that they did 5 years ago.

I'm fortunate enough to be able to afford $3.00 fuel but I'm afraid that $4-5 fuel will ruin alot of people.I agree that lots of fuel is wasted and we are all guilty.However,my family is driving far less miles than we did 3 years ago and we could cut back more if needed.

I dont believe that there is a refinery shortage because if youve got the money the fuel is available.Fuel prices seem to be controlled by the speculators based on what ifs.

In early Jan 2007 gas was $1.85 per gallon here.Today its $2.99.Diesel is $3.49 for the highest ever.

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Tradititonal Farmer

02-25-2008 12:07:37




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 Re: O/T Truth, Lies, and Gasoline in reply to davpal, 02-25-2008 10:16:32  
You hit the nail squarely on the head and don't leave out Beer and Cigarettes. I have never ever seen anyone so poor they couldn't afford both.



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TomTex

02-25-2008 09:48:56




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
You dont need a PHD to figure energy prices are going way up and stay way up. Old man Bush, President Bush's ole daddy, is still raking in money from Saudi. He "consults" them on how to market oil in the USA. The CEOs and big shots at the oil companies donate mega bucks to the campaign of all candidates and "own" them when elected; how can they then represent the little guy?? Tom



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oj

02-25-2008 09:40:43




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Kelly C had it about right, there is no shortage of oil, what we do have is a shortage of refining capacity, the last major refinery but in the US is now 40 or more years old (if my memory serves), and many other countries are the same. I"ve heard rumours of a new refinery going in in the Canadian Maritimes, but when was the last time there was a new one build elsewhere in North America. Think how much more oil we use now compared to 40 years ago, it"s no wonder that refineries are at full stretch, so any little problem makes for problem all down the line (there was an explosion at a refinery in Texas last week). just my 2c...

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cannonball

02-25-2008 09:48:11




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 Re: O/T Truth, Lies, and Gasoline in reply to oj, 02-25-2008 09:40:43  
WELL if there is a refinery problem, how long are the lines...how long do you wait in line, how many stations are out of fuel...ha ha...remember the ENERGY MEETING THE VP HAD WITH THE OIL COMPANIES, well it has gone straight up since...nothing but pure greed driving these companies anymore...


MAY GOD BLESS THE USA



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JMS/.MN

02-25-2008 09:07:37




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Oil is a commodity, traded on commodity markets, just like grain, precious metals, fertilizers, etc. Price is not set by oil companies, Presidents, or Ab-Dullah Schmuckus aLOT. Econ 101 tells us that supply and demand set the price, but we don"t have a true economy, we have a commodity market that allows speculators to buy and sell paper, rather than allow only producers and end-users onto the trading floor. Same thing with grain- rains too much here, not enough there, market rumors, government intervention by its action or non-action....with oil, it"s a hurricane, refinery explosion, pipeline break, votes banning exploration, etc., and the end-user cost of the commodity is not reflective of producing it. Remember the critics of this war- "It"s all about oil." We haven"t commandeered any oil fields to guarantee our supply. Now it"s popular to blame ethanol for all woes, but look at worldwide crop production- US was not alone in last year"s drouth.

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Jiles

02-25-2008 08:14:38




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
The sad part is----nothing will ever be done about this world situation. The reason is that most all politicians and law makers, along with auto manufacturers, own stock with these oil companies. Can't do anything to take money out of their own pocket! If we didn't use petrolium products where would this country get the tax money generated from its sale. You can bet it will come from somewhere.



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Kelly C

02-25-2008 08:09:19




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
You know. I been thinking that there is some other reason that fuel prices are this high.
There really is no reason the price is this high. Supply is not a problem there is plenty of oil in the system. They said refining is the issue. Ok fine, if that were really true. it would benifit the goverment to build refineries if companies dont want to do it. Lost tax revenue and growth in the economy cost way more than a couple of oil refineries.

There is some thing else going on. There is a reason they want us paying more for fuel.
Same as I think we had $1.50 gas because some one wanted us paying a $1.50.

They are getting us used to high fuel costs. Then some thing is going to happen. DOnt know what but I feel it.

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Kelly C

02-25-2008 08:14:19




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 08:09:19  
Think about it. Why was gas $4 in Brittan. but $1.50 here? They get thier fuel same place as us. So why? There is more to it than supply and demand.



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36 coupe

02-25-2008 14:36:07




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 08:14:19  
England has high taxes on fuel, 70 per cent of the purchase price.3.00 gas and fuel oil has me broke.



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oj

02-25-2008 09:43:08




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 08:14:19  
oil is the same price in the UK, but the rest is all TAX, it keeps the government going... Brent Crude and Texas Light Sweet are just about the same in terms of quality, and close to the same price in the markets.



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trucker40

02-25-2008 08:59:23




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 08:14:19  
Britain is a small country compared to the US.If they drive 150 miles they can be on the other side of the country.Everywhere we go is further,and the pay is better in Britain.I never have been to Britain,just what I read.The oil President is in office,he also was a part of Enron.Its the evil empire.Obviously oil companies were not always this way.Its the lack of competition.If you look there is only about 4 oil companies now,where even 5 years ago there was twice as many.Every time there is a merger or a company gets bought out,there is less competition.The hogs that are now running the oil companies are taking advantage of the situation.They want to get as much as possible for oil.Its easy to see that.They dont care if they make the United States suffer.They are the big shots of the world they think.And to think they arose from our free country,on the backs of our working people,and now abuse the people that made them rich.Next they want to make us slaves and take our freedom away.The big shot New World Order bunch.

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dhermesc

02-25-2008 09:17:00




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 Re: O/T Truth, Lies, and Gasoline in reply to trucker40, 02-25-2008 08:59:23  
"If they drive 150 miles they can be on the other side of the country.Everywhere we go is further,and the pay is better in Britain."


First, if they drive less shouldn't their fuel be CHEAPER than in the US - especially since the UK is an EXPORTOR of oil (where as the US imports about 58% of its oil). Average pay in the US has been higher, but the UK is expected to rise slightly above the US this year for the first time in a 100 years.

Link

http://www.laborradio.org/node/7646

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Spook

02-25-2008 09:55:16




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 Re: O/T Truth, Lies, and Gasoline in reply to dhermesc, 02-25-2008 09:17:00  
They also have excellent mass transit systems. You can go anywhere in the country by rail for a few dollars.



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dhermesc

02-25-2008 11:24:47




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 Re: O/T Truth, Lies, and Gasoline in reply to Spook, 02-25-2008 09:55:16  
"They also have excellent mass transit systems. You can go anywhere in the country by rail for a few dollars."

Another reason why gas should be even cheaper in England.



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cj3b_jeep

02-25-2008 07:52:49




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
My commute is 22 miles, I drive a toyota pickup at 22-24 mpg, might need a tercel!



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Christos

02-25-2008 07:33:15




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Try being in college and in an economically depressed area.

I go to Wright State in Ohio and gas is a very big part of my monthly expenditures since I have to drive to work and school. 2-3 miles here and there do add up even when you do configure your trips to maximize your time and resources.

I look at when I go grocery shopping...a two pound bag of Lemons (I know har har) at Krogers down the street costs $3.99 per bag. At the WPAFB Commissary its $2.99. And that's a 25% savings but still thats at cost but not counting DeCa's 5% percent surcharge

What hurts me the most is I usually work 30 plus hours go to school full time and yet I barely scrape by because my wage, a little under eight bucks doesn't go that far anymore because my cost of living increase has gone up20-40 percent depending on the item or service I need.

Its not just the subprime, farmers, elderly people that are being screwed out by high gas its your children and the youth of this country -
nothing will ever go back down. who knows 50 years from now I'll be paying 10 bucks for that lousy bag of lemons and only 60 years prior from that point (1990s) it would only cost me two at the most.

I'm starting to think that Ron Paul has a point with putting us back on gold or silver standard...fiat currency is for the birds.

Christos

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Mike M

02-25-2008 07:29:19




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
There is still some oil and gas left in my area that the wells have been left sit and neglected. If they were recleaned out you can still get some from them.



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MN Scott

02-25-2008 07:22:31




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Think its bad now just wait until the new president and hisher croneys in congress inact the climate change prevention energy tax they have both promised. Its going to ad $2 to $4 to a gallon of gas ontop of the crude price. Also is going to cause electric bills to skyrocket as we will no longer be able to build and operate coal fired power plants, just windmills and solar panals. Federal goverment is also proposing a 40 cent gas tax increase to pay for more public trasportation on the east coast to reduce greenhouse gas emmisions. No doubt about it the next few years living is going to get very expensive and controlled by big brother sociallist goverment.

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hay

02-25-2008 08:33:04




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 Re: O/T Truth, Lies, and Gasoline in reply to MN Scott, 02-25-2008 07:22:31  
well, i don't know about yours, but my electric more than DOUBLED in january. the weak excuse i got was the billing company was changed to a different method(i'll bet so) and it's winter in se texas so the rates are naturally higher. wonder why my electric bill in december of '07 was the LOWEST in several years and now they are the highest in january. just does not make sense. i guess we sheeple got shafted ....again. realy hurts when i'm on a fixed income, but that don't matter anymore.

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Kelly C

02-25-2008 07:56:12




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 Re: O/T Truth, Lies, and Gasoline in reply to MN Scott, 02-25-2008 07:22:31  
Hey Scott dont forgetthe 6 cent a gallon tax they are trying to ad here in Mn.



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Tradititonal Farmer

02-25-2008 07:22:31




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
That'll sound cheap next year when its over $5/gal



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dittmerku

02-25-2008 07:19:57




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
When you saw your president holding hands with a Saudi Arabian sheik you should have known what to expect.



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Allan In NE

02-25-2008 07:14:38




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Road diesel hit $3.60 here yesterday.

Just as soon as the mud dries up, I'm breakin' 2 more horses. Can't afford to drive anymore. :>(

Allan



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coloken

02-25-2008 07:19:15




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 Re: O/T Truth, Lies, and Gasoline in reply to Allan In NE, 02-25-2008 07:14:38  
Yea Allan, but hay is over 150 a ton and oats 12 dollars. Can't win for loosing..... ...



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Kelly C

02-25-2008 07:10:15




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Did you guys notice that some of the problems with the mortgage loans didnt really start to hit until gas hit $3 a gal. Most people I know commute 60 mile to work. Most got a nice $300 a month increase in thier commuting costs.

People with regular mortgages have a hard time adjusting a $300 month increase in costs. poor people that got suckered into the adjustable rate mortgages just got taken out of the game.

They wonder why the economy is down. Why arnt people spending money. They ARE! all of it. just not on comsumables. its on Mortgages and gas.

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Spook

02-25-2008 10:00:22




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 07:10:15  
My monthly gas bill is higher than my mortgage used to be. Glad I got it paid off.



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Richard L

02-25-2008 08:39:26




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 07:10:15  
I think one thing many people don't take into account is that for every barrel of oil not all of it goes into fuel production, much of it is taken out for other things such as plastics, this includes toys, computers, and more, also tires. I do not know what they mean when they say a barrel of oil. I believe it is in the 45 to 50 gallon range not 55 gallons as we think of a barrel. What irks me the most is when some thing bad happens pertaining to gas and fuel the price is reflected that day or at least the next. When something good happens it isn't reflected until much later when that oil has had time to be converted to fuel then transported to the stations. OOps sorry there was another mishap we can't give you a discount now.
Now come on guys you all know that even with the oil companys massive profits in the last couple years they haven't gouged you. If you think so just ask the Gov't they will tell you no they haven't, that should make you feel better.:>)

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Spook

02-25-2008 09:58:10




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 Re: O/T Truth, Lies, and Gasoline in reply to Richard L, 02-25-2008 08:39:26  
A lot of auto suppliers are in trouble now, because of increased plastic prices.



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JMS/.MN

02-25-2008 07:33:26




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 Re: O/T Truth, Lies, and Gasoline in reply to Kelly C, 02-25-2008 07:10:15  
Poor people did not get suckered into ARMs- Greedy people living beyond their means fell for the offers of nothing down, low immediate rates, interest only- then borrowed against their paper equity for more toys. Self-conceived "need" to live up to the Jones"s.



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Dave from MN

02-25-2008 09:01:12




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 Re: O/T Truth, Lies, and Gasoline in reply to JMS/.MN, 02-25-2008 07:33:26  
Mortgage "crisis" exactly!! I wonder if the government is more worried about ll the peope, or all the wealthy investrs that wre reaping the benifits of the hornswagled borrowers. President Bush said years ago, America is addicted to oil. He as right, like any addict, we will pay what we have to to continue to live the way we have, we wont learn till we hit rock bottom, that tie period, everyone, will really test what we are made of.

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Howard H.

02-25-2008 08:04:12




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 Re: O/T Truth, Lies, and Gasoline in reply to JMS/.MN, 02-25-2008 07:33:26  

You are right on the mark, JMS!

I just hope the gov doesn't come up with a plan to bail all the folks in mortgage trouble out - because that would just encourage more of it the next time!

On top of making all us schmucks who live very conservatively and try to save money wind up paying for those folk's greed!

Howard



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flying belgian

02-25-2008 12:26:49




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 Re: O/T Truth, Lies, and Gasoline in reply to Howard H., 02-25-2008 08:04:12  
My thoughts exactly Howard H.



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Kelly C

02-25-2008 07:53:36




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 Re: O/T Truth, Lies, and Gasoline in reply to JMS/.MN, 02-25-2008 07:33:26  
I agree with that. But I also noticed quite a few mortgage people who are going to jail for doing some improper things.

Greed on both ends sure caused a problem.



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Me Too

02-25-2008 07:10:10




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Yes but it is every thing else too. Heard a lady who runs a small cafe say the every thing had doubled in the last three years. That sounds about right to me..where do they get that 4 percent inflation crap? Oil is one of the big reasons, deficet spending is another. Just hold on to your hat, we aint seen nothing yet.



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dr sportster

02-25-2008 06:50:34




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
That Maria Bartaloma financial show had a guy on that said 300 dollars a barrel crude is on the way.Since the rest of the world pays as much as nine dollars a gallon now, we are gonna pay alot more soon.Nobody feels sorry for us.Politicians have no control over this.Besides Im from New Jersey my representation is probably under inditment or already in jail.



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rrlund

02-25-2008 06:44:43




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
What's killing me is fuel. The fuel man brought heating oil the other day,$3.29! Gonna have to seriously look at a corn furnace add on before next year I guess. As for gas,got that delivered a week ago last Friday. After he left,I got out the gas slips to send them to Lansing for my State Gas Tax Refund. I paid MORE for gas last June than I did 10 days ago.



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36 coupe

02-25-2008 16:00:47




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 Re: O/T Truth, Lies, and Gasoline in reply to rrlund, 02-25-2008 06:44:43  
Saw a 3.40 price for furnace oil to day.Grain is up again, you aint seen nothin yet.



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Steven f/AZ

02-25-2008 06:38:06




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 Re: O/T Truth, Lies, and Gasoline in reply to Turke Bros. Farms, 02-25-2008 06:34:54  
Time to break out the bicycle for that morning and evening commute... :(



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