Gas price propaganda
 

So there is always news about rising gasoline prices. Since I was a child, I can remember this has always been an issue they talk about in the news CONSTANTLY. LOL

I just read this now, and I have never heard this before...

Seriously? Now the news is saying refineries switch to a different blend of gasoline in the summer?? This is why prices go up? LOL :1orglaugh

Has anyone ever heard this before??

Winter gas is different than summer gas, particularly in the North. Not sure about the South. I'm not saying that's a reason for anything, just saying they are different.

See I have never heard that before. So Cal girl, they don't do that there. And I doubt they do it here in the South either.

thanks Sly.

Paganism..

I believe there is a change between the winter gasoline blend and the summer gasoline blend. There are also some political tensions which is causing the increase in the price of gasoline. Those who are on the west coast (united states) might see higher prices due to a fire at a BP refinery in Washington (I think?) which caused it to shut down. This refinery was a large producer of oil, so it being shut down did some damage. Cyclical price increases along with political tension and decreased amounts of supply.

I have heard that as well, but only in the last few years. My gramps used to have all sorts of gas pricing theories.

My brother in law works at these oil refineries. He doesn't work for an oil company, but instead construction company that refurbishes the refineries. He would work two weeks or six months at the same refinery, all over southern California. These refineries are constantly in a state of flux and open and close as needed.

The concept of supply and demand no longer applies. If shit goes downhill the middle east, the US still gets it's oil from Canada and Mexico.

Yeah everyone has gas stories. lol.

I have an uncle who worked at some cheap gas place in his teens decades ago, and still swears all the gas out there is the same, some places just charge more.

Then you have people who swear some station had water in their gas and it messed up their car.

Just glad working from home means less driving!

My next car is a Prius, so I say the gas and oil companies can go fuck themselves. I put 80 bucks in my Nissan Murano today, and I'm tired of that gas guzzler. That thing gets about 15 miles per gallon at best.

fwiw, I did read this in a southern news article, about the gas changing out during the summer... blah blah blah oil industry owns us all.

Hate to ruin it for the conspiracy theorists here . . . Twice every year in the United States, the fuel supply changes. It's known as the seasonal gasoline transition. This change is the biggest reason for the price hike in summer gasoline. Depending on the time of year, gas stations switch between providing summer-grade fuel and winter-grade fuel. The switch started in 1995 as part of the Reformulated Gasoline Program (RFG), which was established through the 1990 Clean Air Act Amendments. The Environmental Protection Agency (EPA) started the RFG program in order to reduce pollution and smog during the summer ozone season, which occurs from June 1 to Sept. 15 [Source: EPA].

winter gas is more of an ethanol mix, where was summer gas does not have as much ethanol in it. Its also a reason why you get worse gas mileage when its cooler out on top of cars usually burn more fuel due to the air being more dense. More dense the air, more power the car makes the more fuel it consumes

price of oil goes up, gas prices surge, oil companies make record profits in those times which means?


hint: the money you can make with that info can more than offset any gas increases you are paying at the pump...

Conspiracy theorists are worse or at best equal to religious fanatics.

Here's the truth:

Gas prices are up because of SPECULATION in the market. When things are unstable in the middle east as they are right now, more people buy stock in oil companies. If Iran blocks the shipments of oil, it can create a shortage, and people who invested make out like crazy. It's very simple.

Obama just said in a speech that during his presidency we're drilling more oil than the two previous presidencies. So supply and demand is out since demand is down.

Of course he failed to mention that getting to where we are at oil production takes years after approval from an administration. Obama taking credit for what Bush did? Then he went on about how good the auto industry is doing, wait wasn't the auto bail out signed by Bush?
Tarp was signed October 3rd 2008

Yeah Obama blah blah blah that's what he sounds like now... :1orglaugh

Chu is cearly clueless

I'll take a dozen conspiracy theorists over one religious fanatic any day. :1orglaugh

Think for yourself, or follow others... the answer is easy. lol

is it the devil again ?:helpme

I always thought he sounded like that

Stop driving. :)

I wouldn't think you'd have to shut.down for long in order to turn up the "ethanol" knob.

I do know that the secretary of energy has repeatedly said the adminisration's goal is to double gas prices, so that more people will want solar cars etc. Whether you agree with that goal or not is a matter of opinion, but they've made it very clear that's their goal.

Considering it takes approx. one gallon of fossil fuel to produce one gallon of ethanol does not sound like a winning solution.


This article from Popular Mechanics:
The National Renewable Energy Laboratory states that, "Today, 1 Btu of fossil energy consumed in producing and delivering corn ethanol results in 1.3 Btu of usable energy in your fuel tank." Even that modest payback may be overstated. Skeptics cite the research of Cornell University professor David Pimentel, who estimates that it takes approximately 1.3 gal. of oil to produce a single gallon of ethanol.


Read more: Ethanol Review as Alternative Fuel - Pros and Cons of Ethanol - Popular Mechanics

Price goes up during the Summertime the same way beach front rentals go up during the summer. You will pay more because if you don't you will just have to stay home...

The switch to a different additive to the fuel doesn't add more than a few dimes to the price... Demand adds the rest.

Well duh of course the math doesn't make sense - it's liberalism. In liberalville, 1 + 1 = 2 doesn't exist. In liberalville, all that matters is that we WANT the answer to be 12.

Witness Clintonmetry:
$2.0 T income -
$2.3 T spent =
"balanced budget"

QFT, everything else is minor compared to the impact of the commodities market.

I ate mexican food the other night. Had pretty bad gas for 24 hrs afterward.

Touch and go for a while. Embarrassing while in the company of others.

The burrito dinner was pretty expensive too. Very expensive gas.

Can you explain for us simpletons how investing in a company that drills or refines oil increases prices? To a simple minded person like myself, it would seem that investing in wells or refineries would increase supply and thefore REDUCE prices. Please explain.

I'm curious too, with about $18 trillion in gas being used each year, how does $1 billion in hedges or speculation have any effect at all? I mean, that's about 0.0004% of the market.

How does 0.0004% make a bigger difference than the 14% direct tax on gas, plus the indirect taxes?

I think the term was "Outcome Based Education"

I wish. But I would need a lot of things delivered. Too bad they don't have those little rental car things down here. :(

I hope the price of gas doubles. I work from home, and rarely drive any place. If I fill my truck up once a month, that's a lot for me. On the flip side, the higher the price of gas... The less the dumb people can afford it - meaning less poor drivers on the road.

Aren't you being a bit shortsighted?
High fuel cost causes the price of everything to rise.

It costs more to deliver food, more to grow everything from corn and wheat to fruit and vegetables.
Those steaks and hamburgers you like, costs more to raise cattle because feed costs have risen.

Gas prices make the price of everything you eat go up. LOL

It affects everything in this world...

[QUOTE=Vendzilla;18832987]Obama ......................./QUOTE]

baddog is probably right.

yea kind of stupid. i remember the last oil spike where your grocery bill doubled overnight even if you are a vegetarian.

every aspect of your life is based around vehicles and they will pass the cost on.

Racist hatred makes you blind ...:1orglaugh:1orglaugh

http://graphics8.nytimes.com/images/...dit1-popup.png

Dummy, they speculate on futures ... ( like future delivery price ).
Could go deeper in the explanation, but you at least admit that you do not have the intellect to comprehend it :2 cents:

No, please go ahead and explain how "more people invest in oil company stock" (increasing supply) somehow raises prices. Those of us who just understand basics such as supply and demand would appreciate the education.

If you'd prefer to change the topic and instead talk about futures, perhaps you can explain that. It seems to me, and most simple business executives I'd guess, that if six months ago I prepaid for today's gas at $3.00, I have much less need for $4.00 gas. I already locked in the $3.00 price when I bought the future contract (10,000 gallon prepaid gas card).

To people who just run companies all day, buying and selling things, it would seem that the ability to lock in future expenses at today's prices would tend to even out fluctuations in pricing.

Perhaps you can explain that. Or, you could think for ten seconss and realize basic common sense shows your idealogical blame game to be goofy.

http://images.sodahead.com/profiles/...665697934.jpeg

You know your graph has zero to do with my statement?

[QUOTE=porno jew;18833744]The prices to come up during the summer months, historically, this is the time of the year when the prices are just starting to come up from a bottomed out price

A lot of it is how you drive, Top Gear did a test with a BMW M3 and a Prius. Prius raced around a track and the M3 just had to keep up. The Prius consumed more fuel.

Rent the movie Trading Places. In addition to being rather entertaining and having some naked Jamie Lee Curtis boobies, it shows an extreme example of how commodities speculation effects market price. In this case, frozen concentrated orange juice FCOJ, rather than gasoline.

because that's not what he said.. he said the stock prices go up when the prices of gas goes up.. how is that even an argument here?

Pick up a Moped or 50cc street bike. You'll get like 70 or 100 miles to the gallon and you can backpack and saddlebag your groceries home that way. I was around during the shortage in the 70's, so you go with what you know. Honda pretty much took off with the introduction of the Honda 50 in the 70's.

He said "gas prices go up because of speculation - more people buy stock in oil companies."

On the other hand, supply is obviously affected by the fact that we haven't been allowed to add any new refineries since 1976. Think about if since 1976 no one was allowed to start producing content. You had to buy only from photographers who started shooting in 1976 or earlier. How do you think that would affect rhe price of content? That's exactly what the greenies have done with gas - no new refineries, no drilling here, no drilling there, no new pipelines = supply doesn't keep up with demand = prices go up.

Again, misinformation or repeating half truth/modified/enhanced/adapted talking points ....

http://en.wikipedia.org/wiki/Oil_refinery

So, basically , it is all about the profit of your big subsidized oil conglomerate .... Cheaper to get it processed outside the USA ....

Anymore half-truth to spin ?

You blame directly OBAMA , or Barry, or Obumer, or NoBama for the increase in price ...

Explain to me how OBAMA got the price of gas to go up as well in France in Germany, with the exact same pattern .... ??? Please, take your time ...

PS: notice the price going up as well under Bush till the recession hit... again in all countries ...

ahh in that case I can agree with this :)

The problem is even worse in Canada, refineries shutting down because they refused to update them so now we have to export crude to the US to refine it so we have to buy back our gas from you and we pay more for gas in the process. Which is ridiculous.

Read the very first sentence of your own quote. YOUR post said:

According to YOUR source, the problem is that it's so difficult and expensive to get a permit to build a modern refinery that none have been built since 1976.

Back off for a second from reading only the parts that support some political idealogy and actually read your own source. It makes you a much more intelligent and well rounded person. Just because you generally agree with Obama or whoever doesn't mean you have to close your eyes and ignore facts he'd rather you not see, even as you accidentally quote those facts. You can agree with him generally and still see that he's wrong on this issue.