The same people who want us to all go back to living in caves. THEY don't want to go back to living in caves. They just want YOU to!

At least OPEC members can't trust each other not to cheat when they "agree" to cut production.

Yeah, it's funny. If a group of employees want to get together and engage in price fixing for their services, why, that gets the innocent, halo on it's head term of "collective bargaining."

If independent contractors in my industry want to get together to engage in "collective bargaining" why, we're EVIL PRICE FIXERS!!! Prosecutors will also tack on collusion, two crimes that make you eligible for the RICO Act to ENSURE that you get a sufficient amount of federal time. It was enacted to go after gangsters but, google it and see how the government has run wild with it.

If I wanted to buy a trailer load of generators and take them to Florida after a hurricane to sell them for double what I paid to people who would pay it, I'm a GOUGER!!!

If I want to start up a lottery, why, I'm a numbers game runner! If the government has a numbers game, why, that's just a lottery!

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I'm an optimist. My glass is 1/4 full, not 3/4 empty!

I wish we could pay just $3 a gallon. The price for unleaded gas for my cheap local station today (converted to dollars and US gals) is $7.7571 per gallon!

Someone over there with a blown altered was just telling us a few weeks ago on another board that their travel expenses to get their hauler and RV to the track and back were around $500 converted to U.S. I forget the miles but, it wasn't that far. I'll look for the thread.

Here it is.

iB::Topic::The rebuild is complete

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I'm an optimist. My glass is 1/4 full, not 3/4 empty!

Even on the reservation where there aren't as many taxes imposed on the gas, it's still only a couple cents cheaper.

On the other hand, the credit card processors are probably making a mint as well. If the gas stations are like my company, it's a flat fee for authorizing the credit card plus an additional percentage (I think mine is about 1.3 %)

Now, if I were offered a cash discount, I might consider paying cash for my gas, but at the moment, I get cash back from my credit card. Plus by paying at the pump, I'm not likely to impulse buy when I walk into the store to pay for gas and figure I'll pick up a chocolate bar.

It makes very little difference to me if I pay cash or not. I don't charge to my card what I don't have the money to pay for anyway. I do use that in some stores to get a discount. If they knock of a sizeable amount, I'll pay cash. Or debit card which charges them a flat 65 cents regardless of the amount.

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My imaginary friends think I have serious mental problems.

Not quite. The average combination of state and federal taxes on gasoline in this country is 47 cents per gallon. That in no way accounts for prices approaching $4.00 per gallon.

Nope...OPEC is not setting the high prices for oil. Crude oil has been bid up on the commodities market by investors. As the value of the dollar around the world has dropped, investors have been looking to move their money out of dollars and into commodities. One of the results has been that they are bidding up the price of crude oil and other commodities. It's the same reason that the price of wheat and other grains has been going up so much lately. In case you haven't noticed, the price of flour has gone up about 50 percent over the past six months.

The Wall Street Journal has been reporting for several weeks now -- and no one else is reporting this -- that the demand for gasoline in this country has been dropping and as it does, the oil companies have been cutting production so that the price does not decline.

Jim

this is disheartening news.

It all depends on what side of the fence you are on in life...If you owned an oil company would you lower the price of oil cause people are upset? NOT..
People need to do a better job of budgeting their finances..Most people run their budget on a very tight scale but continue to spend...Get back to the basics and save your money and the price of fuel will not matter if you plan it out...

First, the oil companies have created a monopoly, and the last time i looked at the law book that was illegal. So you say they should carry on as usual raise prices as they wish, and everyone else tighten their budget, cut back on eating,drinking,washing, don't put your hard earn money into the market and set in your chair at home and watch this great country lose its life as the country of opportunity. I have heard a few people say they would like this country to be ran as a socialistic country. Terry what your thinking and saying is scary, i hope your not leading that way. Our country is desperate need of new people to change the direction it is heading, same goes for NHRA as well.

Jesse....I understand your concerns but what product company has ever lowered their prices for the goodness of consumers? In the last 30 years oil prices have been pretty low in comparison to other suppliers margin increase.
I could make a huge list of things that have been hiked up alot more than oil..

I am amazed @ the amount of debt most Americans have..and it is not just for food/water/shelter/transportation/clothing. Look @ the number of flat screen TV's Americans own---more than the citizens from the countries that produce them..Look @ the number of vehicles leased by Americans...etc, etc. Credit card debt is not from survival but from wanting things yesterday for alot of people..Plan ahead and filling up your tank will not be that big a deal!
Remember the day when you only paid cash or personal check for things? It worked for the older generations so I follow suit.

What your talking about here is the American dream. When i got my drivers license in 1969 i wanted a SS/RS Camaro and I figured a way to pay for and bought it. This country is built on dreams and everyone should have a chance fullfill it rather it's cars, tv's, boats, motorcycles or racecars. The word is CREDIT, i believe that's used too much, but the BIG word is KILL THE DREAM and thats what the Mideast countries that hate us and our ideas are doing with oil. Until we stop depending on foreign oil we are going to have problems.

Venezuela just released on news ticker 50% tax per barrel oil over $70 and 60% tax per barrel over $100. Look out $5.00 a gal coming soon, but our great leaders say we're OK.

and OPEC are the ones declining oil production, they turn the screws up or down, we can only hope to somewhat offset thier desicion on what a barrel of crude costs by increasing output, belive what you want but the Oil ministers of OPEC decide what a barrel of crude oil costs, I'm telling you as an ex-patriot with a Brother in West Africa IN THE OILFIELD the prices are not going down and the Oil Ministers of OPEC are going to make sure of it. China is our new worst enemy, thier demand has surpassed ours and THEY are going to get the breaks. Just remember the few countries in the middle east can support the world with oil, we can't make a dent in what they supply, so it's not up to us to say what a barrel of crude oil costs, and right now is living proof of that. Now is the time to either pay up or find a differant way to travel, heat, ect. this is real..

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For English press 1.
Para Espanol, move to Mexico and press 2.

Either take a pro-active stance NOW w/ your finances and future or take a daily reaction of hope and dispair that this situation will get better. It is only going to get worse so plan ahead or get left behind financially.

One of the steps my dad and I are working on as we re-wire my house is to do so with an eye to the final objective of taking my house off the grid electrically (photo-voltaic/solar.) While not fuel for travel, it will free up more financial resources in my wallet in the long run, which means it won't be so hard to buy gas. Eventually, it also means that I will also not need natural gas which is currently what I use for hot water and heat. With current technology it is very feasible to do this as I work on bringing my home up to code or better.

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Too many girls follow the line of least resistance--but a good line is hard to resist. ~~ Mae West