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    Thread: The Gas Price Thread.

    1. Member mobile363's Avatar
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      04-23-2008 05:59 PM #101
      Quote, originally posted by MrWideTires »
      $3.64 @ Shell
      $42 to fill up my little Sentra
      I pay $70+ to fill my Jetta

    2. 04-23-2008 06:36 PM #102
      Quote, originally posted by AZGolf »
      This is where the discussions get ridiculous. Nothing can be done about it, period. Even the most radical option - government price controls - has only limited effect, as witnessed by countries that do it. Iran has price controls and recently had to start rationing the amount of gasoline you're allowed to buy because the price they are charging is so much less than they're paying that it's costing the government something like 10% of the budget just to keep fuel prices cheap. China isn't in much better shape; while their government controlled price is at least much closer to market price, the refiners are becoming unable to meet demand since there is no profit left over to expand operations or do what needs to be done.
      Bottom line - government controls don't work, and there is nothing else on earth that can make prices lower except lowering demand, and that will NEVER happen without price continuing upward.

      What about the ~40% tax we are paying on each litre of fuel (in Canada)? Is that really necessary, especially when we pay 13% in tax on common purchases? I understand we have to pay some form of fuel tax, but 40%???

    3. Member mobile363's Avatar
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      04-23-2008 06:39 PM #103
      Quote, originally posted by mAdD INDIAN »
      What about the ~40% tax we are paying on each litre of fuel (in Canada)? Is that really necessary, especially when we pay 13% in tax on common purchases? I understand we have to pay some form of fuel tax, but 40%???
      England pays 75% tax on fuel. And hey, I only pay 5% tax on common purchases. Its unfair, but what can ya do?
      British Columbia has a carbon tax now. Starting out at 2.4 cents per liter and increasing each year. Sweet!

    4. 04-23-2008 06:49 PM #104
      Northwest Atlanta - $3.86
      complements of my tv tuner...
      FS: PNY GeForce 2010 Video cards - $10 for 1 or $25 for all 4

      http://forums.vwvortex.com/showthrea...1#post85839023

    5. Member adrew's Avatar
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      04-23-2008 07:05 PM #105
      Quote, originally posted by VR6Stress »
      PT is a joke in utah, though it's getting better...

      I live in the DFW Metroplex, the 4th largest metro area in the country, and cannot take any form of public transit to my job. I live in Fort Worth and work in Arlington. With a population of ~360,000, Arlington is the largest city in the country without public transit. The citizens always vote against joining DART (Dallas) and/or The T (Fort Worth) because they don't want "undesirables" to come in from other cities. (Not joking.)
      Instead, Arlington citizens voted to spend $1+ billion on a new stadium for the Dallas Cowboys (who already have a stadium), while Fort Worth is planning to vastly expand their light rail system for half of that. Priorities are seriously out of whack here.
      Improving the signal-to-noise ratio

    6. 04-23-2008 07:44 PM #106
      Average state sales tax in the US is 4-7%. Provincial ("state") sales tax in Ontario, Canada is 8% provincial (PST aka "state" tax), and 5% federal tax (aka GST) for a total of 13%. Some provinces, such as PEI, pay 15.5% in sales tax. Add into the equation that real estate and the cost of goods are usually lower in the US. Canada gets screwed on the price of gas.

    7. 04-23-2008 08:08 PM #107
      I think hitchhiking is going to become a viable option for traveling again.

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      04-23-2008 08:21 PM #108
      Quote, originally posted by mobile363 »
      I pay $70+ to fill my Jetta

      bet that lasts you a while though.. my $42 tank is only good for 280 miles

    9. Senior Member Sporin's Avatar
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      04-23-2008 08:29 PM #109
      So it's not supply and demand???
      Quote »
      OPEC chief: Oil prices would go higher regardless of supply
      MARIA GRAZIA MURRU | April 20, 2008 03:17 PM EST | AP
      Read More: Oil, Oil Price Up, Oil Prices, Oil Prices Higher, Opec, Opec Chief, Breaking Business
      ROME — OPEC Secretary-General Abdullah el al-Badri said Sunday oil prices would likely go higher and that the group was ready to raise production if the price pressure was due to a shortage of supply _ something he doubted.
      "Oil prices, there is a common understanding that has nothing to do with supply and demand," al-Badri said on the sidelines of an energy conference in Rome.
      Oil prices reached a new high Friday at $117 a barrel.
      A host of supply and demand concerns in the U.S. and abroad, along with the dollar's weakness, have served to support prices, even as record retail gasoline prices in the U.S. appear to be dampening demand. Crude prices have risen as much as 4 percent last week.
      The OPEC chief said the Organization for Petroleum Exporting Countries "will not hesitate" to increase production if the group thought the higher prices were due to shortages. But he said more oil will not solve the high prices.
      OPEC's production levels were just one of many factors, he said.
      "But how much higher it will go, of course it depends on a number of things: the political situation, whether there is a natural catastrophe, whether there are speculations in the market, whether there are strikes in certain producing countries. So there are many other factors other than OPEC production," al-Badri said.

    10. Member Jetty!'s Avatar
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      04-23-2008 08:40 PM #110

    11. Banned Old Fart's Avatar
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      04-24-2008 01:55 AM #111
      I just paid $3.79 for 87 Octane at Arco. To fill both of my Civic's, it now costs me $50.02 and as for the S2000 which now just sits. It costs me $53.00 to fill it with 92 Octane at $4.01 per gallon.

    12. Member turtledub's Avatar
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      04-24-2008 03:54 AM #112
      Gas just went up 20 cents in about a week and a half. Now it is $3.59. It is disgusting.
      Women are gentle and soft, but they hit things...

      20v AEB Corrado Build thread.
      Parting a B4 ABA Passat?

    13. 04-24-2008 03:59 AM #113
      2 days ago:


    14. Member turtledub's Avatar
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      04-24-2008 08:36 AM #114
      Quote, originally posted by gotta_jet »
      2 days ago:


      I guess I will not wine so much.
      Women are gentle and soft, but they hit things...

      20v AEB Corrado Build thread.
      Parting a B4 ABA Passat?

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      04-24-2008 08:42 AM #115
      That works out to about $4.54 Cad/gal (3.78 lit/us gal)

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      04-24-2008 10:07 AM #116
      Quote, originally posted by Rich20thGTI »
      I'm with the guy above, I just hope this thing levels off eventually, my paychecks did 3 years ago, but my bills have continued to climb every month.

      What do you mean by level off? It won't stop rising, nor should it. Fuel is a nonrenewable commodity, and should be more expensive for each subsequent gallon. Granted, prices are pushed higher because of speculators, but even without them, every day should give us record fuel prices, even if the incremental price increase is too small to show up on the meter at the pump.

      Btw, if your paychecks have leveled off, you need to find a way to get a raise....whether that means asking for what you deserve, or picking up your game to earn it. Having a flat paycheck means you're getting paid less every year, and you're screwed from the moment you get your paycheck....the gas prices are just salt on your festering financial wounds. Right now you're essentially getting paid 10% less than 3 years ago.
      Quote Originally Posted by apizzaparty View Post
      never thought once to use my lefty for the brake. sorry in my opinion it is dumb.

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      04-24-2008 11:52 AM #117
      Quote, originally posted by leaftye »
      What do you mean by level off? It won't stop rising, nor should it. Fuel is a nonrenewable commodity, and should be more expensive for each subsequent gallon. Granted, prices are pushed higher because of speculators, but even without them, every day should give us record fuel prices, even if the incremental price increase is too small to show up on the meter at the pump.

      You mean it's not our god given right to have cheap gasoline?

    18. Senior Member mujjuman's Avatar
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      04-24-2008 01:45 PM #118
      Quote, originally posted by MixmasterNash »
      You mean it's not our god given right to have cheap gasoline?

      x2
      fuel should be MUCH cheaper than it actually is right now. its ALL speculation people
      mujjuman

    19. Member Huckvw's Avatar
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      04-24-2008 02:26 PM #119
      Quote, originally posted by leaftye »
      What do you mean by level off? It won't stop rising, nor should it. Fuel is a nonrenewable commodity, and should be more expensive for each subsequent gallon. Granted, prices are pushed higher because of speculators, but even without them, every day should give us record fuel prices, even if the incremental price increase is too small to show up on the meter at the pump.

      While true, it's slightly more than frustrating for me to see a direct connection between rising gas prices and rising profits for gas companies. If gas was getting drastically harder to drill or more expensive to manufacturer or whatever, then as prices went up profits should stay relatively the same.
      Quote, originally posted by By Aaron Smith, CNNMoney.com staff writer April 24, 2008: 10:00 AM EDT »
      For every gallon of gas, about 72% of the price goes to the producers of the crude oil from which it's made, according to the U.S. Energy Information Administration - producers like Chevron (CVX, Fortune 500), ConocoPhillips (COP, Fortune 500) and BP (BP). Exxon Mobil (XOM, Fortune 500) recently made history by reporting the highest annual profit ever for a U.S. company when it reported 2007 results.

      So if 72% gets them the highest profits EVER, why can't they lower gas prices and just be in the top 10, or top 50, or top 100 for highest annual profit?
      Who knows, obviously there's things in this world I don't understand, and this must be one of them.

    20. Member Lanceevox's Avatar
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      04-24-2008 02:28 PM #120
      Quote, originally posted by turtledub »
      I guess I will not wine so much.

      Gas in Santa Barbara is as much as 4.29 for 91 octane...
      I barley ever drive in SB though so I bet I pay a lot less on gas then most people. [IMG]http://**********************/smile/emthup.gif[/IMG]


      Modified by Lanceevox at 11:38 AM 4-24-2008

    21. Member
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      04-24-2008 02:36 PM #121
      If I didn't live in Florida (meaning if the spring/summer weather wasn't so sporadic), I'd bike the 7 mile commute to work. Well, maybe not at $3.60, but at $4+ I would. It's nice in the morning, raining by 5 usually.

    22. Member pueblorrado v3.0's Avatar
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      04-24-2008 02:39 PM #122
      i was at 3.75 for 91 (premium here in CO) this morning. last week it was 3.50

      scared the f*** outta me

    23. 04-24-2008 02:39 PM #123
      lots of misinformation in this thread. here's a good read:
      http://www.reason.com/news/show/125414.html

    24. Member spitonit's Avatar
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      04-24-2008 02:49 PM #124
      Quote, originally posted by uberMaben »
      lots of misinformation in this thread. here's a good read:
      http://www.reason.com/news/show/125414.html

      I think most here know that the high price of oil is being spurred on by a weak dollar and speculation.

    25. 04-24-2008 02:54 PM #125
      Quote, originally posted by spitonit »
      I think most here know that the high price of oil is being spurred on by a weak dollar and speculation.


      [IMG]http://**********************/smile/emthup.gif[/IMG]

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