$5 Gas in 2012?

[Massive Lee]

When you print a FUCK LOAD OF MONEY WITH NOTHING TO BACK IT AND INFLATE THE FUCKING SUPPLY IT MAKES ALL THE REST WORTH LESS> IF ITS WORTH LESS THEN IT TAKES MORE TO BUY SOMETHING> SINCE OIL IS TRADED IN GREENBACKS THAT MAKES CRUDE FUTURES GO UP AS IT TAKES MORE BUCKS TO BUY IT>

THUS THE BIG 0 PRINITNG MONEY FASTER THAT A PIZZA IS DEVOURED AT A CURVES. The 0 has much to blame in this.

Seems the dub has covered much of this I am not going to repeat it, just go read all of dubs posts again

It seems the price of fuel is lower now than 3 years ago.... When no money was printed.
Not to mention that Saudi Arabia's currency has been indexed to the US dollar 25 years ago and hasn't moved since then. Therefore, whatever the value of the US currency with other countries, it stays the same with the main supplier...

[mrsleeve]

Please now explain why you blamed the Obama administration for the high price of fuel...

When you print a FUCK LOAD OF MONEY WITH NOTHING TO BACK IT AND INFLATE THE FUCKING SUPPLY IT MAKES ALL THE REST WORTH LESS> IF ITS WORTH LESS THEN IT TAKES MORE TO BUY SOMETHING> SINCE OIL IS TRADED IN GREENBACKS THAT MAKES CRUDE FUTURES GO UP AS IT TAKES MORE BUCKS TO BUY IT>

THUS THE BIG 0 PRINITNG MONEY FASTER THAT A PIZZA IS DEVOURED AT A CURVES. The 0 has much to blame in this.

Seems the dub has covered much of this I am not going to repeat it, just go read all of dubs posts again

[Massive Lee]

There are many factors that are important in determining the price of gas. Demand has a major influence on the price of gas. In the United States, demand for gas is often quite high during the spring and summer, as individuals take off for popular vacation spots and the whole country gets more active. Gas prices often spike around the holidays, like Memorial Day and Independence Day. However, this is not always the case, as prices do not always rise in the warmer months.


Sometimes the demand for gas puts a strain on refinery capacity. This often happens in the spring, when refinery maintenance is typically conducted. While maintenance is performed, the gas market may tighten, resulting in a rise in the price of gas. Fortunately, refineries are usually finished with maintenance by the end of May.



The price of gas is also influenced by oil in its most natural state - crude oil. Basically, when desirable crude oil is less plentiful in supply, gas prices go up. The price of gas is affected by the type of crude oil that is available. Oil is described as light, heavy, sweet or sour. Crude oil that is sweet and light is cheaper, less difficult to refine, and less plentiful in supply. By contrast, heavy, sour oil is more difficult and costly to refine, yet is widely available throughout the world.
The cost of transporting and marketing crude oil has a significant effect on the price of gas. Transporting crude oil involves moving it to refineries, followed by the shipping of gasoline to distribution points and, finally, gas stations. Marketing costs cover the amount of money spent in marketing an oil company’s brand. Both costs are passed on to the consumer as part of gas prices.


In the United States, federal, state, and local taxes account for a significant portion of the price of gas. Taxes on gas are considerably higher in Europe than they are in the United States. As a result, European gas prices are much higher than they are in the United States.


Individual gas stations play a role in the price of gas as well. Typically, gas stations add something to the price of gas in order to profit. There are no laws governing the amount a gas station may charge for its gas. As such, some stations mark up their gas a few cents per gallon, while others add on ten cents per gallon or more. Some states, however, have laws that prohibit gas stations from charging less than a certain percentage of the total cost of their wholesale gas orders. These laws are intended to protect smaller gas stations from being significantly under-priced by large, chain gas stations.



The price of gas may also be influenced by such things as weather and major disasters. World events and wars also affect the price of gas. Basically, any event or situation that affects the drilling, refining, and transporting of oil can have a significant influence on gas prices.

http://www.wisegeek.com/how-is-the-p...determined.htm

Please now explain why you blamed the Obama administration for the high price of fuel...

[mrsleeve]

wow Glad I had to work late and still have some to do............................


This thread makes my head hurt, with all the tools bags in here that cant grasp simple Economics and political/tax levies and how they effect the price of all goods and services. (You know how you are)

Good god, I losing faith fast

[Vedubin01]

There are many factors that are important in determining the price of gas. Demand has a major influence on the price of gas. In the United States, demand for gas is often quite high during the spring and summer, as individuals take off for popular vacation spots and the whole country gets more active. Gas prices often spike around the holidays, like Memorial Day and Independence Day. However, this is not always the case, as prices do not always rise in the warmer months.


Sometimes the demand for gas puts a strain on refinery capacity. This often happens in the spring, when refinery maintenance is typically conducted. While maintenance is performed, the gas market may tighten, resulting in a rise in the price of gas. Fortunately, refineries are usually finished with maintenance by the end of May.



The price of gas is also influenced by oil in its most natural state - crude oil. Basically, when desirable crude oil is less plentiful in supply, gas prices go up. The price of gas is affected by the type of crude oil that is available. Oil is described as light, heavy, sweet or sour. Crude oil that is sweet and light is cheaper, less difficult to refine, and less plentiful in supply. By contrast, heavy, sour oil is more difficult and costly to refine, yet is widely available throughout the world.
The cost of transporting and marketing crude oil has a significant effect on the price of gas. Transporting crude oil involves moving it to refineries, followed by the shipping of gasoline to distribution points and, finally, gas stations. Marketing costs cover the amount of money spent in marketing an oil company’s brand. Both costs are passed on to the consumer as part of gas prices.


In the United States, federal, state, and local taxes account for a significant portion of the price of gas. Taxes on gas are considerably higher in Europe than they are in the United States. As a result, European gas prices are much higher than they are in the United States.


Individual gas stations play a role in the price of gas as well. Typically, gas stations add something to the price of gas in order to profit. There are no laws governing the amount a gas station may charge for its gas. As such, some stations mark up their gas a few cents per gallon, while others add on ten cents per gallon or more. Some states, however, have laws that prohibit gas stations from charging less than a certain percentage of the total cost of their wholesale gas orders. These laws are intended to protect smaller gas stations from being significantly under-priced by large, chain gas stations.



The price of gas may also be influenced by such things as weather and major disasters. World events and wars also affect the price of gas. Basically, any event or situation that affects the drilling, refining, and transporting of oil can have a significant influence on gas prices.

http://www.wisegeek.com/how-is-the-price-of-gasoline-determined.htm

[bmw2002tiiagave]

hurray to less bro trucks but nay to S50 / S52 swaps, super nay for B30 / B32 swaps. lol.

[CorvallisBMW]

Liberals happen to be the biggest threat to mine and your freedom however.

I always figured that was the terrorists?

Yes they do, that's why it's a percentage.

No, it's a fixed price per gallon.

[Jonny Cash]

Awesome! Less bro trucks on the road. I get paid to drive and I write it off for taxes, I love being an IC.

omg thats awesome! you'll never have to be concerned about anything!

Save this post, and put it in a time capsule. And in 10 years, open it.

-Jay

[Fusion]

No, but its the taxes that make the price at the station jump much more, because when the price of the gallon/litr/whatever goes up, the taxes go up also.

[joshh]

Do fuel taxes vary on an hourly basis such as is the case with the overall price of fuel at the pump?

Yes they do, that's why it's a percentage.

[Massive Lee]

About 60% of the $6.46/gal here is various government taxes.
The fuel itself is still cheap as hell. Usually socialist (or left wing) governments tend to raise the consumer taxes for cigarettes, alcohol, and fuel.

Do fuel taxes vary on an hourly basis such as is the case with the overall price of fuel at the pump?

[Fusion]

Gas price has nothing to do with politics.

About 60% of the $6.46/gal here is various government taxes.
The fuel itself is still cheap as hell. Usually socialist (or left wing) governments tend to raise the consumer taxes for cigarettes, alcohol, and fuel.

[joshh]

i like how it is always the liberals fault with you. so narrow minded.
there are plenty of other people out there that fuck with us other then libs.
off topic.


;-)

Are oil companies generally liberals?
Your suggestion I'm narrow minded for that reason is very short sighted...you obviously haven't read many of my posts....lol. And if you have you're ignoring what I said.
Liberals happen to be the biggest threat to mine and your freedom however.

[deutschman]

The remaining oil companies control their own market. We haven't built an oil refinery since 1972 (or was it 74?). This alone artificially increases the price of fuel. Supply and demand.
And I'm sure the oil companies have made large donations 9back handedly) to tree hugging organizations just for the purpose of fighting against the oil companies (themselves)...so they can artificially control the price of their own product. Or if you will...the price artificially increases.
It's what many now call "good" business. And what I call bullshit.
Thanks to both liberal retards and the oil companies.

Nuke=bring it!

i like how it is always the liberals fault with you. so narrow minded.
there are plenty of other people out there that fuck with us other then libs.
off topic.

yep. it's the evil oil companies. you know, there's tons of evidence to support that. ;-)

;-)

[nando]

yep. it's the evil oil companies. you know, there's tons of evidence to support that. ;)