That's like 30c a gallon. I remember filling up my Pontiac Bonneville and my 18 foot boat at a Gulf station in New Jersey back in '72 before the gas "shortage" hit for under $10. I used "Gulftane" in my boat for 29.9c and premium in my car with a 455 ci engine fro 32.9 c a gallon. Then the gas shortage hit the east coast and fuel prices skyrocketed to 60c a gallon for premium. About 8 years ago when I travelled to the courthouse in Riverside CA. they were selling regular Arco for 89.9c a gallon. In San Diego gas was then selling for about 95c a gallon so I filled it up in Riverside.
Right now I'm sure these oil companies could be selling gas for as low as 1.25 a gallon if they priced it on how much they pay as opposed to what the commodities market was selling for.
Right now I'm sure these oil companies could be selling gas for as low as 1.25 a gallon if they priced it on how much they pay as opposed to what the commodities market was selling for.
Well...
Guys they have us by the short hairs...unless we go back the the wild west...what the hell can we do...there is no drilling in alaska...and the gas companies will not allow the the hybrid cars cut into there profits...They will just raise the cost...so if you pay $3.00 now...and they can increase the fuel economy by 33% with the new engines...you will see an average increase of $1.00...They will not let there profits fall because of the push for cleaner air...They stand against cleaner air
Guys they have us by the short hairs...unless we go back the the wild west...what the hell can we do...there is no drilling in alaska...and the gas companies will not allow the the hybrid cars cut into there profits...They will just raise the cost...so if you pay $3.00 now...and they can increase the fuel economy by 33% with the new engines...you will see an average increase of $1.00...They will not let there profits fall because of the push for cleaner air...They stand against cleaner air
I remember late 50's/early 60's paying 23.9 per gallon. cigs were 20 cents for regular, 25 cents for filters. beer was like 3-4 bucks per case of 24 longneck bottles...the bottles were refundable for 2 cents apiece and the case must have been refundable for 27 cents as I remember it was 75 cents total refund for the case with 24 bottles. Cans were either not in use yet or just used sparingly
Creeg said:
guys i have said it already.Americans have to stop their love addiction to oil. hybrid cars are a start in the right direction their are other ways to explore a better solution. anyone watch the show on hbo where willie nelson bought his wife a truck that runs on vegetable oil. it was a fuel that burned cleaner and got more miles per gallon..
There are many more people vying for the world's resources now... 200,000 more people everday ( 350k born, 150k die daily).
Crude oil made into everything from gasoline,diesel,heating oil,jet fuel, asphalt, etc.
USA not getting the share it used to. Other countries fuel demand.
China modernizing like crazy, metals in great demand to build high-rises there. Production costs of lower valued USA coinage equalling face value. Soon the zinc in our "pennies" ( yes they are zinc, since 1982), and the copper ( 75%) in our nickels will be worth more as building materials, than as money.
Gas was 30-cents a gallon, but a house was 30k, now gas is $3, house is 300k, still about the same.
I recently saw some stats on what things cost in 1946. Food was expensive, it was all in 1946 dollars, eggs cost nearly $1 a dozen, meat much higher than you'd think, a TV set way more than today ( but new technology) a long distance phone call was very high ( way more than today).
Food prices were what shocked me most ! Not too much earlier, just getting adequate food was not a given ( Depression-era). Nobody starves to death in America nowadays, unlike say Africa.
Things are getting more equal world-wide, thus the demand influences prices.
USA could have taken over the world after WW2 if they wanted to, but that wouldn't have been right ! Now USA must share resources with others.
If USA wants to bitch about gas prices, they need to exploit their own petroleum resources, or compete for the resource with other buyers ( consumers).
We can't have it both ways. Be the tyrant ruler of the entire world when the chance was there, or don't be ! The right choice was made, IMO.
Now things are different ?
We aren't as advanced as most of you think you are hiding behind you computers. Go back just about 150 years... no cars, planes,electricity, running hot water, etc.
Crude oil made into everything from gasoline,diesel,heating oil,jet fuel, asphalt, etc.
USA not getting the share it used to. Other countries fuel demand.
China modernizing like crazy, metals in great demand to build high-rises there. Production costs of lower valued USA coinage equalling face value. Soon the zinc in our "pennies" ( yes they are zinc, since 1982), and the copper ( 75%) in our nickels will be worth more as building materials, than as money.
Gas was 30-cents a gallon, but a house was 30k, now gas is $3, house is 300k, still about the same.
I recently saw some stats on what things cost in 1946. Food was expensive, it was all in 1946 dollars, eggs cost nearly $1 a dozen, meat much higher than you'd think, a TV set way more than today ( but new technology) a long distance phone call was very high ( way more than today).
Food prices were what shocked me most ! Not too much earlier, just getting adequate food was not a given ( Depression-era). Nobody starves to death in America nowadays, unlike say Africa.
Things are getting more equal world-wide, thus the demand influences prices.
USA could have taken over the world after WW2 if they wanted to, but that wouldn't have been right ! Now USA must share resources with others.
If USA wants to bitch about gas prices, they need to exploit their own petroleum resources, or compete for the resource with other buyers ( consumers).
We can't have it both ways. Be the tyrant ruler of the entire world when the chance was there, or don't be ! The right choice was made, IMO.
Now things are different ?
We aren't as advanced as most of you think you are hiding behind you computers. Go back just about 150 years... no cars, planes,electricity, running hot water, etc.
It's all relative, I was born in 1963, started driving about 1979, recall prices of about 39 cents a gallon as a child, paid prices under $1 as late as late 80's. It's relevant to what wages are, and now world-wide demand.
Don't forget cars are better on gas, also. You can have a car that gets 30+ mpg now, that wasn't the deal in the 60's, except for maybe a VW Beetle, but you can counter with a hybred getting 40 + mpg.
Don't forget cars are better on gas, also. You can have a car that gets 30+ mpg now, that wasn't the deal in the 60's, except for maybe a VW Beetle, but you can counter with a hybred getting 40 + mpg.
The first new North American refinery in 25 years is being built in Edmonton, Alberta to take advantage of the sand oil. I know, I know, getting the oil out of the sand will be more expensive but research is being done on making it cheaper. Refineries are damn expensive. If the Canadians didn't think there would be a profit they wouldn't build one.
Plenty of oil in Alaska and in the shale oil fields of Utah. Both the US and Canada are moving away from Arabian oil.
Plenty of oil in Alaska and in the shale oil fields of Utah. Both the US and Canada are moving away from Arabian oil.
quantumleap said:
That's the ace in the hole-oil ! The reserve if you will. Worst comes to worst the powers that be ( USA, Canada, Japan, whomever else) fight WW#3 ( The really Big One) over this issue. WW3 is going to happen, just a matter of when, and it will be over natural resources, oil and water being most likely.
