Gas prices on the rise for summer

[Technosoul]

Already the cost for gas at the pumps have gone up an average of 15 cents per gal. The government reported that the cost for gasoline will surge during the summer months.

Local costs related to refineries are to blame for the price hike the government said,

www.msn.com

Following are my comments not found in the offical news story.

Here where I live we are paying $3.oo per gal. The cheaper stations might be less the five cents cheaper, the projected surge in price might be a all-time high for USA markets.

The news did not report that the government had any plans to do anything to crub or prevent that projected price increase for the consumers.

[bishop]

i think gas prices always go up during the summer...

[westcoastdog]

During the past week I've received two emails advocating the boycott of Exxon and Mobil until the end of the year. Supposedly the idea of a Coca Cola executive, the boycott would force the two oil companies to lower prices.

I pointed out to my friends that oil companies routinely sell gasoline to each other, usually when they have no refinery to service a geographic area. I learned this from a documentary on gasoline production and distribution. If the boycott became effective, Shell (whose refineries are at full capacity) would satisfy the increased demand by purchasing gas from Exxon and Mobile.

Nonetheless, I thought a boycott would have a positive effect because it would rattle the arrogance of the oil industry. I once worked in the industry in Alaska and oil executives are in a class by themselves when it comes to arrogance.

[bugsbunny04]

When the gas that is currently in my tank runs out, I'll be riding the bicycle until I leave for basic. This is getting rediculous.

[bishop]

i don't like paying more, but since i get 30mpg in the city and 40mpg on the highways in my new civic, the pain isn't all that great.

sucks for all those people who felt the need to get a mammoth waste suv.

[tman_ndsu08]

There's a very easy way to lower gas prices: lower gas taxes.

I think around 25% of gas prices are taxes.

[Osborn F Enready]

What would the states do that have become WEENED on the tax?

Isn't there both fed and state taxes on gas?

[Arawn-ap-Hywel]

Such cheap fuel, lucky people :)

[dreamer]

Quote by: Arawn-ap-Hywel Such cheap fuel, lucky people :)

LOL, Come to england and then complane.

[Osborn F Enready]

Misery does love company doesn't it?

[brien]

Quote by: tman_ndsu08 There's a very easy way to lower gas prices: lower gas taxes. I think around 25% of gas prices are taxes.

Excellent point t-man. The government stooges, the politicians, and those power mongers all say they are appalled at the price of "gas". They threaten windfall profit taxes. They threaten Congressional investigations of "price gouging" while calling the oil companies greedy and cruel as they take their campaign finance money to get re- elected.. All of this while never once, not even once, ever suggesting to abolish, or even just lower, the gasoline taxes, on either the state or local level. HYPOCRITES and PANDERERS, every last one of them.

The general public thinks in terms of gasoline. The wholesale industry thinks in terms of fuel. The trucking industry doesn't use gasoline. We use diesel fuel, which for two years now, the cost per gallon has been running side by side of a gallon of premium gasoline. This translates into higher prices for everything trucked to market. This is simply evident in your local supermarket. We didn't arrive at this sorry state in one day and we won't get out of it in a day either.

To quote Betty Davis: "Strap yourselves in boys, we're in for a bumpy ride." And there ain't jack sh*t you can do about it except quit using the stuff where possible.

[bishop]

the government definitely has its hand in the trough, but i would not advocate cutting taxes unless it was accompanied by cutting spending... that is the ONLY way to truly cut taxes.

[Arawn-ap-Hywel]

Old news http://news.bbc.co.uk/1/hi/uk/4221296.stm but it brought the country to a standstill and forced a rethink!

To revolting for US residents?

[bishop]

of course, cutting oil/gas taxes will only help lower prices for a handful of decades.. in the long-run, the planet's oil reserves will be depleted.

[brien]

Quote by: bishop the government definitely has its hand in the trough, but i would not advocate cutting taxes unless it was accompanied by cutting spending... that is the ONLY way to truly cut taxes.

Motion seconded. All those in favor say "Aye"

[Osborn F Enready]

aye, i , i

[Technosoul]

in my state they also added a sin tax on top of the normal taxes ( to prevent smog by making gas too expensive to drive around for non-business purposes - they thought).

they have the power to remove all taxes from gasoline.

The good thing is that the cost factor will encourage (even force) Americans to seek alternative fuels or use vehicles that do not use gasoline. Like our one poster who got out his bike. If that happens then we would automatically shoe in a solution for the global warming problem and smog, and help to reduce the risk of cancer. The gas companies are promoting us to find new forms of transportation other then by using their products via the rise in costs. Which in the long run will be great for the environment. Plus reducing the number of future oil spills in the oceans.

[tman_ndsu08]

Quote by: brien Quote by: bishop the government definitely has its hand in the trough, but i would not advocate cutting taxes unless it was accompanied by cutting spending... that is the ONLY way to truly cut taxes. Motion seconded. All those in favor say "Aye"

Aye.

[Scribbler1]

Quote by: westcoastdog I pointed out to my friends that oil companies routinely sell gasoline to each other, usually when they have no refinery to service a geographic area. I learned this from a documentary on gasoline production and distribution. If the boycott became effective, Shell (whose refineries are at full capacity) would satisfy the increased demand by purchasing gas from Exxon and Mobile.

That's where the plan falls down. Assume the local refinery is owned by EXXON and you boycott all EXXON gas stations. You still need gas so you fill up at a different station which buys its gas FROM EXXON. The net result is the same whether you boycott a company or not. And it is true about the buying of gas from a single refinery. The only difference is that any proprietary formulas regarding specific additives are done just before the tanker trucks fill up. The idea that these are truly independent companies in a competitive market is a joke. That have indeed figured out all the angles and they will win EVERY time.

[tman_ndsu08]

It's not about winning or losing.

You demand gasoline, thus, they supply it to you at a price they think you'll buy it at.