Wow! Oil hits $60/barrel today

Onefast99gsx · 06-23-2005

Just read it on CNN's website that oil hit a new record today. SOB's anyway. Pisses me off. I think they did it just to do it. What are you guys paying today for gas in MN?

As of this minute:
87 octane $2.29
93 octane $2.43
Diesel $2.41

I will expect to see that with the new record, that gas will be $2.40's by next week and in the 2.50's+ by 4th of July weekend for 87oct. Not looking too good. I live in an area that people just don't have that kind of money for those extra expenses. Even at the bank we see a trend going on right now.

*** This ought to be illegal. The station down the road just raised their price yesterday due to the oil going up. However, those oil jumps of OPEC are July's Oil. Secondly, I found that they didn't even recieve a new load of fuel in yesterday. So the price bump was actually on fuel that they purchased at the old amount. Gas stations are actually benefitting huge from this. They increase price at the pump on a moments noticed and take forever to decrease it.

I don't know what's worse, the towel heads over seas or our own people! Fuck it makes me mad though.

tpunx99GSX · 06-23-2005

$2.50's would be fucking great, I go out and buy the minute it hits $2.50 the past12 months ive been down here its been $2.67-2.78

Enes · 06-23-2005

doesn't matter when they purchased the fuel...

the way they see it.

We are selling you the fuel at the price we are paying for it right now. Doesn't matter that the fuel you are actually pumping in was bought as crude oil months ago at a different rate. You are actually paying replacement of the crude oil they had to use that they purchased long time ago.

Onefast99gsx · 06-23-2005

So we are purchasing fuel that was bought as crude months ago. A few months ago or so, oil was in the mid 40's/ barrel. So they're making money on us twice??

What everyone think of that possible big China deal to buy out a huge oil company here in the U.S. Chevron made a bid of 15 billion, China outbidded it at 18.5 billion dollars. If the government allows it to go through in which they probably will, this could be a huge impact.

howslowcanyougo · 06-23-2005

Quote:

Originally Posted by Onefast99gsx

What everyone think of that possible big China deal to buy out a huge oil company here in the U.S. Chevron made a bid of 15 billion, China outbidded it at 18.5 billion dollars. If the government allows it to go through in which they probably will, this could be a huge impact.

And what let the damm Commies control our oil AND our Economy?

Great Idea!

Not!

tpunx99GSX · 06-23-2005

Quote:

Originally Posted by Onefast99gsx

What everyone think of that possible big China deal to buy out a huge oil company here in the U.S. Chevron made a bid of 15 billion, China outbidded it at 18.5 billion dollars. If the government allows it to go through in which they probably will, this could be a huge impact.

For the better or for the worse?

Jana · 06-23-2005

I just hope to god I get a new job this summer, driving over 80 miles a day is starting to suck....

Onefast99gsx · 06-23-2005

Quote:

Originally Posted by DSMChick

I just hope to god I get a new job this summer, driving over 80 miles a day is starting to suck....

DAM!! 80 miles. I drive 1/2 mile everyday now. I haven't always been that fortunate though. Years ago when i got my first I.T. job I was driving 70 miles "ONE WAY" to it. Did that for over 2 years. I refused to move because all my friends were where i lived so i figured i'd be there anyways. Now 10 years layer, i could never do that drive. I'd get too sleepy.

2003eclipse · 06-23-2005

Never remember anyone bitching about the price of gas when Clinton was President.
Just thought I would fuel the fire.

Onefast99gsx · 06-23-2005

What was the cost of fuel when Clinton was Pres? I don't recall..... But I don't EVER, EVER remember paying $2.43 a gallon.

CarPsyco84 · 06-23-2005

Wasn't the Economy good then too? Like places couldn't hire enough people.

brently · 06-23-2005

Quote:

Originally Posted by Onefast99gsx

What was the cost of fuel when Clinton was Pres? I don't recall..... But I don't EVER, EVER remember paying $2.43 a gallon.

Its better than having some libral in office who wants to take away the working mans money to "make peace" across seas. IMO if Kerry was in office right now, shit would be a lot worse.

I hope I didnt turn this into "one of those politic threads" I apologize ahead of time

CarPsyco84 · 06-23-2005

I think were spending alot more with bush in charge waging war, than if we were just trying to make peace... my .02....

2003eclipse · 06-24-2005

If there wasn't 80,000 tanks and other military vehicles over seas using so much damn fuel we would have no gas problems.

Brently If Kerry was in office what would be worse.

**Kracka** · 06-24-2005

Quote:

Originally Posted by 2003eclipse

Brently If Kerry was in office what would be worse.

Our lives as American people; with that said, enough of this Bush vs. Kerry shit that seems to come up about every 2 weeks. Kerry lost, deal with it. If you hate Bush so much go volunteer for the Democratic party to help them campain during the next elections (I highly doubt any of you will since a lot of you didn't even seem to vote b/c you were "too busy" that day). If Kerry were in office, or anyone else for that matter, we would still be at war and gas prices would still be on the rise.

**Kracka** · 06-24-2005

Quote:

Originally Posted by 2003eclipse

If there wasn't 80,000 tanks and other military vehicles over seas using so much damn fuel we would have no gas problems.

You're right, because we don't have a couple million huge 8 mpg SUV's over here driving around carrying nothing more than 3 bags of groceries or 2 children and a soccer ball.

FattyBoomBatty · 06-24-2005

Quote:

Originally Posted by brently

Its better than having some libral in office who wants to take away the working mans money to "make peace" across seas. IMO if Kerry was in office right now, shit would be a lot worse.

I hope I didnt turn this into "one of those politic threads" I apologize ahead of time

shut up, you don't know what the fuck your talking about.

the price of gas could spike no matter who is president.

supply and demand. you want a high HP car? get ready to spend more money on gas, cause your buying premium and burning more of it. but the worlds supply will not last forever. the US pays some of the lowest prices for gas in the world.

now to everyone: quit complaining and get a better job if you can't pay for gas. or cut back on other things like expensive ass food from lunds, whole foods, and byerly's. go shop at ALDI or some shit.

slowbubblecar · 06-24-2005

I agree the oil price would be the same reguard less. Instead of complaining, I just look at the fact that we are paying less for gas than many other countries.

Jana · 06-24-2005

Quote:

Originally Posted by Conquests are better

shut up, you don't know what the fuck your talking about.

the price of gas could spike no matter who is president.

supply and demand. you want a high HP car? get ready to spend more money on gas, cause your buying premium and burning more of it. but the worlds supply will not last forever. the US pays some of the lowest prices for gas in the world.

now to everyone: quit complaining and get a better job if you can't pay for gas. or cut back on other things like expensive ass food from lunds, whole foods, and byerly's. go shop at ALDI or some shit.

Umm, excuse me? Don't talk to another member that way unless you REALLY want another 2 week ban!

sleepy2lazy · 06-24-2005

hahaha.......
damn i feel happy that i just got an economy beater.....
Say good bye to dsm premiums until that price goes down.

DSM - 10 bux = one block.
Economy - 10 bux = 1 week......possibly 2 weeks.

j/k j/k..

but i am pretty happy i just got an economy car that will give me more mileage for cheaper gas =)