Price of gas around the world

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   Two things keep popping up in my thinking from the latest Saudi remarks...and previous news stories.

A: That we can't handle more imports of crude as U.S. refineries are at max capacity as is?? 

B: And if I was a supplier...I'd be wondering about the honesty of the U.S. government in regards to the availability and price of crude. (Considering the various bans on off-shore and other area exploration.)  Who knows..oil exploration in these U.S. areas might turn up anything from basically insignificant...to the worlds largest.  

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Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Topic: Price of gas around the world Posted: 17 May 2008 at 5:01am
	Two things keep popping up in my thinking from the latest Saudi remarks...and previous news stories. A: That we can't handle more imports of crude as U.S. refineries are at max capacity as is?? B: And if I was a supplier...I'd be wondering about the honesty of the U.S. government in regards to the availability and price of crude. (Considering the various bans on off-shore and other area exploration.) Who knows..oil exploration in these U.S. areas might turn up anything from basically insignificant...to the worlds largest.

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 17 May 2008 at 5:23am
	Ah. A relative (third cousin twice removed) comic this morning. http://www.comics.com/comics/grizzwells/archive/grizzwells-20080517.html Guess I've been a "semi-nut" for years about the price of stuff like oil...and the declining value of the dollar. We'd discuss it every time the exchange rate would change while I was stationed in West Germany and that was...well...been a while.

Randy Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 22 Mar 2008 Location: USA, Georgia Posts: 15219	Quote Reply Posted: 17 May 2008 at 9:34am
	The Grizzwells is a nicely drawn comic strip. The bear's expression is classic in the second frame.

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 18 May 2008 at 6:13am
	Ah, here's a good reason why oil is so expensive. Crude Mistake What is it with these folks? Are they being paid off by the Saudi's?

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 18 May 2008 at 6:29am
	I don't understand the 300,000 bbl thing. Other news reports said that increase came "before" Bush's visit...at the request of oil customers. This one gives Bush's request credit for the increase.

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 18 May 2008 at 6:41am
	I wonder if anybody really knows how much who is shipping how much of what.

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 18 May 2008 at 6:47am
	Strange you should ask. Read a coment about that in the last few days. Best guess is apparently a best guess; even with the Saudi's.

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 19 May 2008 at 1:26pm
	Not sure how accurate this is. Maybe gas prices dropped almost a dime in our zip (BP station) today and I didn't notice. Enter zip code and it gives highest, lowest, and average for the area. It says: http://autos.msn.com/everyday/gasstations.aspx

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 19 May 2008 at 1:49pm
	I use these guys. User input but it's usually very, very good for my location. GasBuddy.com

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 19 May 2008 at 4:59pm
	Yumm, maybe a solution for some of us? Indiana Man Operates Oil Well in Backyard, Producing Three Barrels of Crude a Day Ya figure you could buy a rig down at Home Depot?

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 19 May 2008 at 7:41pm
	Tried GasBuddy before. No data for my location. Prices did go down and MSN's is on the button. Hmm. I'd have to look up "oil well drilling" to see how that works. There "used" to be lots of them around here...before my time. And not sure how it works as I know I'd hit water a long time before hitting oil. (Our well that I just filled in had a shallow pump that went down about 20 feet. The well itself was maybe 70ft.) But yeah...400 bucks a day. I could go for that. $146,000 a year.

Bob Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 14 Feb 2008 Location: Piney woods Tex Posts: 11087	Quote Reply Posted: 19 May 2008 at 11:36pm
	Used to be plenty of rigs around here for drilling, pumping and servicing. Don't know how the situation is now. Did notice in one story that what with their deep water discovery of that huge reserve Brazil now has about 80% of the worlds offshore rigs leased now. And I sure didn't see any drop in prices around here lately. Prolly up close to 20 cents in the last two weeks. Some raised to $3.75 just today I think but some still at $3.69. My brother used to be partner in a stripper company (One that milks old wells on exhausted fields that bring in just a few bbls daily in many wells). He's gone now and I think the company is also but I imagine that is a bit more lucrative now than ten or 15 years ago don't you? I'd love to have a piddling 5 or 10 bbl per day well patiently pumping 24/7. BTW, that MSN gas site looks pretty accurate and up to date to me ... in my area at least.

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 20 May 2008 at 8:27pm
	Just when I think I've seen it all: U.S. Congress says: Sue OPEC Next thing ya know...they'll sue Bin Laden.

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 21 May 2008 at 3:55am
	That...is....insane. Ya know, I seem to remember that when Pelosi and company got elected one of the things they promised was lower energy costs. Did I mis-remember that promise?

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 21 May 2008 at 4:10am
	They did. But they've ran into a few technical and production problems since the election. Plus from what I understand, also their plan fails miserably to meet EPA standards; way off the charts! (How to collect all the massive amounts of they leave laying around the U.S. and how to prevent all the extra toxic emissions.)

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 21 May 2008 at 4:15am
	Okay, I thought I remembered that. I wonder why that's not a screaming headline day after day?

Don Watkins Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List Admin Group Admin Joined: 14 Mar 2008 Posts: 22160	Quote Reply Posted: 22 May 2008 at 1:26pm
	Ouch. Politics: Illinois Gas Prices And Taxes And double ouch! Them's some spicy taxes.

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 22 May 2008 at 7:27pm
	No wonder the states don't mind gas prices going up. Unless of course drivers would start buying lots less, resulting in less taxes. Then...they'd probably just raise the tax rate to make up the difference. (Let's see, would you prefer death by hanging, firing squad, gas chamber, electrocution, lethal injection or taxation? Your choice.)

Bob Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 14 Feb 2008 Location: Piney woods Tex Posts: 11087	Quote Reply Posted: 22 May 2008 at 11:40pm
	Here's one I just ran across today about gas price search. It's on a Mapquest map and kind of neat. Don't know how accurate it is. You could drive to Arizona or south Georgia but maybe put in your zip might be more practical. http://gasprices.mapquest.com/

Karl_db Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 12 Mar 2008 Posts: 29217	Quote Reply Posted: 23 May 2008 at 3:33am
	Looks accurate for 46711: Lowest $3.99