So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
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according to this, CA gas is taxed at $.51 per gallon. However, CA also requires more stringent refining processes that add to the per gallon costs. This is done for the obvious pollution issues if you've ever been to LA during an inversion. Of course, supply and demand is an issue as well.So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
It is actually right on the border. The Colorado river divides the states. Not sure about the actual lake but exit wa Lake H. So we paid for gas and my wife says hey I just saw a billboard advertisement 5.59 so 1.30 cheaper. Turns out it was at the first exit in Ax. Stupid me for not paying attention.I thought Lake Havasu was in Arizona
What is not clear to me is how oil goes up 25% and immediately gas prices go up, ALTHOUGH the gas in the pumps was refined months ago when the oil was much cheaper. How come, guys? That seems like gouging and using today's price per barrel to raise the price on gas refined 3 months ago!!So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
Saw $ 6.17 couple of days ago here in SoCal for the unleaded.So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
Really... Even a Pitt accounting grad would know adding 51 Cents does not turn $3 a gallon into $6 a gallon... I know the complex calculus here is really tough...The states gouging you. You did not find $3 a gal in California and there was not #6/gal in Oklahoma.
We all knew it was coming. With Big Oil not getting profits in mid 2020 and early 2021, they were waiting for any excuses possible. Pipeline shutdowns from hackers, refinery fires, hurricanes and now the war in Ukraine, without Russian oil on the market, bingo! Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits. Most of our Senators and Congressman won't do squat because their campaigns are funded by Big Oil. That's my rant for the day.Saw $ 6.17 couple of days ago here in SoCal for the unleaded.
Waiting to see if the poly tishians going to give $400 to each
Registered car owners to help defray things.
Gotta warm the cockles of the voters ❤ hearts❤
,,,,300
An exceptional 5 star Rant.We all knew it was coming. With Big Oil not getting profits in mid 2020 and early 2021, they were waiting for any excuses possible. Pipeline shutdowns from hackers, refinery fires, hurricanes and now the war in Ukraine, without Russian oil on the market, bingo! Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits. Most of our Senators and Congressman won't do squat because their campaigns are funded by Big Oil. That's my rant for the day.
And a good one at that. I guess Biden declaring war on the fossil fuel industry had nothing to do with any of this, huh?We all knew it was coming. With Big Oil not getting profits in mid 2020 and early 2021, they were waiting for any excuses possible. Pipeline shutdowns from hackers, refinery fires, hurricanes and now the war in Ukraine, without Russian oil on the market, bingo! Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits. Most of our Senators and Congressman won't do squat because their campaigns are funded by Big Oil. That's my rant for the day.
Did you fail to read the part about the restrictions California places on their gasoline?Really... Even a Pitt accounting grad would know adding 51 Cents does not turn $3 a gallon into $6 a gallon... I know the complex calculus here is really tough...
Dear God !
Yep, when the government steps in and disrupts a market that was working for both sides all bets are off. Screw it up and blame it on someone else........And a good one at that. I guess Biden declaring war on the fossil fuel industry had nothing to do with any of this, huh?
You say "Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits." They must have broken laws to get their obscene profits. What laws have they broken?We all knew it was coming. With Big Oil not getting profits in mid 2020 and early 2021, they were waiting for any excuses possible. Pipeline shutdowns from hackers, refinery fires, hurricanes and now the war in Ukraine, without Russian oil on the market, bingo! Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits. Most of our Senators and Congressman won't do squat because their campaigns are funded by Big Oil. That's my rant for the day.
No, I did not.Did you fail to read the part about the restrictions California places on their gasoline?
Makes it more expensive to refine.
No?
Idiot.
Oh let's see, corporate calls the stations and tells them what the new price will be. So raising the price when the gas in the underground tanks was bought at a cheaper price is illegal. That's just one off the top of my head. Rule of the thumb is up by dimes and quarters and down by pennys.You say "Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits." They must have broken laws to get their obscene profits. What laws have they broken?
Big Joe , and the squad . Who else.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
Yes, every country in the world is seeing record high energy prices because of Biden. Just like every country in the world had masking mandates and lockdowns to sabotage Trump’s re-election. Simpletons.And a good one at that. I guess Biden declaring war on the fossil fuel industry had nothing to do with any of this, huh?
Look, you sorry liberal arts weasel, the difference in price between California and Oklahoma is not due to some magical price gouging.No, I did not.
Moron.
I responded to the previous posts inadequate detail to support his position.
All those facts existed before the recent jump in prices. Therefore, they are not the cause of the jump in price.
Since this has obviously gone political don't forget that Tom Corbutt was the governor that enacted the massive gas tax in PA - so folks can't call that one a "liberal" policy.They are all complicit in this - the states kill you with a huge tax and PA is one of the highest in the US and the oil companies grab the cash when they can - too funny how the day after the price of oil goes up on the world market the cost at the pump goes up - that is one lightening fast distribution network but when the price of oil goes down the lag at the pump is measured in weeks before the price goes down and only a little.
Oil is a global commodity, and is thus priced based on global supply and demand. The US and Canada have enough oil reserves to bring the global price down, but producers/investors aren't willing to take the gamble in light of climate change fanaticism which could shut them down before they realize anything on their investments. By the bye, does anyone other than lawyers and Ivy League history majors think we can meet current power grid demand with solar panels and windmills? What happens if we add widespread electric vehicle load to the grid? John Kerry is living out, and profiting from, sheer fantasy.We all knew it was coming. With Big Oil not getting profits in mid 2020 and early 2021, they were waiting for any excuses possible. Pipeline shutdowns from hackers, refinery fires, hurricanes and now the war in Ukraine, without Russian oil on the market, bingo! Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits. Most of our Senators and Congressman won't do squat because their campaigns are funded by Big Oil. That's my rant for the day.
very good point. another issue i have with the statement by many current cabinet members in the Biden admin is about going and buying a electric car. I mean literally electric cars are basically on an order and then you get it many months later basis. So that won't solve any of the current high gas price issues at all. I mean the time it is going to take if everybody today decided to buy an electric car until everybody actually owns one will literally be 15-20 years as that is how long it would take to get all the lithium available to actually make the batteries and then start to manufactur that many cars.Oil is a global commodity, and is thus priced based on global supply and demand. The US and Canada have enough oil reserves to bring the global price down, but producers/investors aren't willing to take the gamble in light of climate change fanaticism which could shut them down before they realize anything on their investments. By the bye, does anyone other than lawyers and Ivy League history majors think we can meet current power grid demand with solar panels and windmills? What happens if we add widespread electric vehicle load to the grid? John Kerry is living out, and profiting from, sheer fantasy.
Yup. And look at regressive California. Rolling blackouts are a common thing.Oil is a global commodity, and is thus priced based on global supply and demand. The US and Canada have enough oil reserves to bring the global price down, but producers/investors aren't willing to take the gamble in light of climate change fanaticism which could shut them down before they realize anything on their investments. By the bye, does anyone other than lawyers and Ivy League history majors think we can meet current power grid demand with solar panels and windmills? What happens if we add widespread electric vehicle load to the grid? John Kerry is living out, and profiting from, sheer fantasy.
In ‘21, Exxon net income was 23 billion on 285 billion in revenue ( circa 8%). Just 8%. The prior year it lost money. They need net income and free cash flow to fund new projects ( the money doesn’t come down from heaven).We all knew it was coming. With Big Oil not getting profits in mid 2020 and early 2021, they were waiting for any excuses possible. Pipeline shutdowns from hackers, refinery fires, hurricanes and now the war in Ukraine, without Russian oil on the market, bingo! Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits. Most of our Senators and Congressman won't do squat because their campaigns are funded by Big Oil. That's my rant for the day.
Just another reason to despise that clown.Since this has obviously gone political don't forget that Tom Corbutt was the governor that enacted the massive gas tax in PA - so folks can't call that one a "liberal" policy.
Since this has obviously gone political don't forget that Tom Corbutt was the governor that enacted the massive gas tax in PA - so folks can't call that one a "liberal" policy.
Please cite a source that energy production is down under this administration (because it is not). Demand is way up.In ‘21, Exxon net income was 23 billion on 285 billion in revenue ( circa 8%). Just 8%. The prior year it lost money. They need net income and free cash flow to fund new projects ( the money doesn’t come down from heaven).
Oil company earnings fluctuate wildly with spot and forward prices.
If they are guilty of driving prices up ( which I do not believe), are they also guilty of driving prices down, when spot oil was 30 bbl.
Build more pipelines, drill for energy in more places; under this administration energy production in the US is down. You can blame the party that down the line talks environment imo.
I'm just as pissed off about high gas prices as you are. Why do you think that "raising the price when the gas in the underground tanks was bought at a cheaper price is illegal"? Can't gas stations charge $100 per gallon if they want, even if they bought the gas at a dollar a gallon? If oil companies are doing anything illegal, don't you think the Dems who hate them would instantly arrest and prosecute them? Do you want oil companies to be nationalized? Do you think that would be better?Oh let's see, corporate calls the stations and tells them what the new price will be. So raising the price when the gas in the underground tanks was bought at a cheaper price is illegal. That's just one off the top of my head. Rule of the thumb is up by dimes and quarters and down by pennys.
Just own it. A republican governor is responsible for one of the top gas tax rates in the nation. Everything else is hot air.When you inherit billions in debt it has to be paid. Do you know over half the DRPA revenue goes to debt? PaTpike is probably similar.
Where do you think REndell got the billions for stadiums?
It is funny when liberals complain about a conservative being too liberal. Do you support lower taxes? Do you think we should shift to the right? Part of lowering the taxes is cutting spending. You on board or will you contradict your post?
Just own it. A republican governor is responsible for one of the top gas tax rates in the nation. Everything else is hot air.
Looking to Venezuela and Iran for oil and killing the Keystone pipeline while supporting Russia's pipeline is beyond the pale of moronic and anti American. Everything else is hot air.Just own it. A republican governor is responsible for one of the top gas tax rates in the nation. Everything else is hot air.
THIS RIGHT HERE IS THE PROBLEM. Republican Lies become folklore and internet morons propagate it. If any of you conservatives living in a post-truth fantasy land want to argue about tax-payer funded stadiums, please see this article from 1999 about Republican Gov Tom Ridge designing the stadium tax plan.No. You can than the democrat for billions in debt that the republican inherited. When a Dem finances billions in stadiums and bloated pensions, do you think the debt is wiped clean after the election?
You say "Big Oil has been Government subsidized and yet they have been raping and pillaging the American people for years, in the name of higher profits." They must have broken laws to get their obscene profits. What laws have they broken?
One-term Tommy giving Pennsylvanians his going away finger salute.Since this has obviously gone political don't forget that Tom Corbutt was the governor that enacted the massive gas tax in PA - so folks can't call that one a "liberal" policy.
So we are driving cross country. Paid 6.84 for gas in Lake Havasu Ca on Sunday. Paid 3.49 for gas today in Elk City OK. So if in fact we are getting gouged exactly who is doing the gouging?
There you go again making shit up when a quick google search will tell you that in 2016 the US was pumping about 8.5 MB per day which rose to about 12.8 MB per day and has fallen to 11.4 MB per day in January which is the latest stat from....wait for it.... the USEIA which is the United States Energy Information Agency.Please cite a source that energy production is down under this administration (because it is not). Demand is way up.