Oil
- Thread starter moreluck
- Start date
moreluck
golden ticket member
I will owe 3.88 for the number of gallons I pumped......when my credit card bill comes.....I don't "pretend" not to owe it like your thinking. What a crock!!!
It's no hype, I have to pay for it!!!!
UpstateNYUPSer(Ret)
Well-Known Member
I thought you paid cash for everything?
moreluck
golden ticket member
Just gas.....I refuse to walk into that filthy , roach infested Circle K to pre-pay.........Gas is my only charge and I only fill up maybe once every 60 days.
ImWaitingForTheDay
Annoy a conservative....Think for yourself
That oil is for foreign export and not for USA consumption.
That oil is for wherever they get top dollar.
Babagounj
Strength through joy
This map demonstrates how many cents per gallon states add on top of the federal tax. The greed is extraordinary:
Click the picture for full size.
In addition to charging 70.87¢ per gallon in tax, California also impose unnecessary fuel-blending regulations that further drive up the price.
If you don’t like paying so much for gasoline, don’t curse the energy companies who provide you with an opportunity to buy it. Exxon, for example, has a skimpy profit margin of 5.5¢ per gallon. In stark contrast, the federal government helps itself to 18.4¢ per gallon, despite the fact that it is the oil companies, not bureaucrats, who provide us with the gasoline.
Click the picture for full size.
In addition to charging 70.87¢ per gallon in tax, California also impose unnecessary fuel-blending regulations that further drive up the price.
If you don’t like paying so much for gasoline, don’t curse the energy companies who provide you with an opportunity to buy it. Exxon, for example, has a skimpy profit margin of 5.5¢ per gallon. In stark contrast, the federal government helps itself to 18.4¢ per gallon, despite the fact that it is the oil companies, not bureaucrats, who provide us with the gasoline.
$4.8b in tax breaks a year to the big 5 oil companies.This map demonstrates how many cents per gallon states add on top of the federal tax. The greed is extraordinary:
Click the picture for full size.
In addition to charging 70.87¢ per gallon in tax, California also impose unnecessary fuel-blending regulations that further drive up the price.
If you don’t like paying so much for gasoline, don’t curse the energy companies who provide you with an opportunity to buy it. Exxon, for example, has a skimpy profit margin of 5.5¢ per gallon. In stark contrast, the federal government helps itself to 18.4¢ per gallon, despite the fact that it is the oil companies, not bureaucrats, who provide us with the gasoline.
Babagounj
Strength through joy
And why not ?
No profits means a decrease it fuels available , thus less taxes to be collected from your average taxpayer .
Now if bhos was serious , he would lift the restrictions of public land and offshore parcels drilling rights . Think of the billions not being made by the US Gov't . They could easily fund all his slush funds .
No profits means a decrease it fuels available , thus less taxes to be collected from your average taxpayer .
Now if bhos was serious , he would lift the restrictions of public land and offshore parcels drilling rights . Think of the billions not being made by the US Gov't . They could easily fund all his slush funds .
Such jibberish. As if you really understood how the oil business works.
Take a look at california for instance. The state is consuming LESS and LESS fuel each year because of HYBRID sales of cars that use LESS fuel. Because of this, oil companies are now OVERPRODUCING refined oil and in doing so, they are buidling STOCKPILES of fuel.
ALL the major refiners and producers started selling "excess" fuel to MEXICO in order to maintain a 30 day supply that keeps the price hovering around $2.85 a gallon before taxes. ALL the oil companies started taking "HEAT" for this practice as consumers in the state are asking "why?"
Why not keep the fuel and bring prices down? If consumers are doing their part to use less fuel and conserve, why are these oil companies counter balancing by selling the fuel to a foriegn country?
With all the "HEAT" the oil companies are experiencing, they are now taking a page out of Ronald Reagans playbook.
Instead of over producing refined oil and creating stockpiles that SHOULD bring prices below the $2.85 a gallon target, they are now in the process of SELLING the refineries or simply shutting them down as REAGAN did in the 80's which led to the largest increase of oil prices in history ( at the time)
TESORO inc. is now buying the refineries from the large oil companies in California and immediately either shutting them down or cutting back on production.
Regulators ( who are in the game) approved the sale of BP's facilities and stations to TESORO this month, and after it finalizes the purchase, TESORO stated its intentions of CLOSING facilities and stations.
This "manipulation" of oil is the very reason prices remain HIGHER than they should be.
"“This decline in gasoline demand has created excess refinery capacity market wide that will constrain Tesoro's ability to raise (California) gasoline prices profitably post-transaction,” the commission said.""
Under Reagan, he shut down near 49 refineries, tripling the price per barrel from 5 dollars to near 15 dollars.
Bush 1, also closed refineries during his term picking up where Reagan left off and doubling the price per barrel to near 25 dollars.
Look at this chart.
The HIGHEST increases in History have always been during republican presidencies.
Under Obama, coming off the highest prices for oil in HISTORY, they are coming down, but the oil companies are fighting back to keep them there despite production being at all time highs and for the first time since 1949 we are EXPORTING more oil than we are importing.
For Moreluck, oldgray, av8, baba and the others, the DARK GREEN line is actual money for the time and the LIME GREEN line is in 2010 dollars.
Notice the to large spikes during REAGAN/BUSH and GW BUSH, and the almost flat line during 8 years of bill clinton.
OIL is the largest manipulated commodity in the United States. Its all a sham, and we are the victims.
We could ALL own an electric car, cut down consumption by 50% and the price of a gallon of gas would still be near 4 bucks.
TO believe otherwise is just silly talk.
TOS.
wkmac
Well-Known Member
Under Reagan, he shut down near 49 refineries, tripling the price per barrel from 5 dollars to near 15 dollars.
Look at this chart.
the DARK GREEN line is actual money for the time and the LIME GREEN line is in 2010 dollars.
Seems to me these 2 contradict one another.
IF that is the case BABA, why the need for a new pipeline? If we have more than we need (which is the case currently) why the need for the XL pipeline?
Sounds like you are arguing with yourself.
TOS.
Babagounj
Strength through joy
The XL pipeline is to move oil from Canada to refineries .
Instead of using George Soros' railroad oil tankers , a pipeline is much safer for the general public and the environment .
But since bhos keeps delaying it , it only shows that he is more for Soros making money than anything else .
Instead of using George Soros' railroad oil tankers , a pipeline is much safer for the general public and the environment .
But since bhos keeps delaying it , it only shows that he is more for Soros making money than anything else .
Ok, now that you have dispensed with the glen beck talking points, how about answering my question.
If we have TOO MUCH oil already, and we are overproducing to the point where we are allowing refineries to SHUT DOWN to limit production, why the need for the XL pipeline if we have TOO MUCH oil now??
If california can allow refiners to close stations and refineries at a time where gas at the pump is hovering around 4 bucks a gallon, then a new pipeline is hardly priority.
If california has too much refined gasoline, why not sell it to other states before Mexico?
Our cleaner fuels would benefit the environment in other states and keeping the fuel already in the country within our borders, we would depend less on foreign sources.
The XL pipeline is a scam, a scam to get Canadian oil down to the coast and sold to china and india.
The XL pipeline will have ZERO effect on oil prices in the USA.
Think outside the box bro.
TOS.
