Not sure if this must be in OT but I am sure it will find it way to wherever it should be... ???
From Reuters News Service: We are currently exporting 1.6 million barrels of Gasoline and Diesel (finished petro products), not just unrefined crude with all it's waste product, per DAY. That was the rate of export during the first 4 months of 2008. That rate is 33% greater than in the same period of 2007. WTF, over! Can anyone enlighten me as to the wisdom of this? Wouldn't that export serve to support the high price we are paying for fuel?
Help! :P
John
10/16/08.
reg gas = $2.75
Diesel = $3.49
In Phoenix gas $ 2.75 diesel $3.15 saw diesel at smaller locations for $2.99
John the export will go on till other countries get changed over to the manufacture of the new fuel our EPA is the cause with the new engines we force on the world so we pay
I envision this going to "off topic". After doing some reading the export of fuel seems to be in our best interest, I'm not saying it is, "they" whoever they are make it seem that we benefit from this.
The one that raises my hackels is "spash and dash" 100's of millions of $$$$ subsidizing Euorpean fuel. They have know about it for two years and still have done nothing!!!
http://www.foxnews.com/story/0,2933,366601,00.html
Type splash and dash into your search bar for an eyeopener!!!
We some of that cheap diesel here! $2.72 for gasoline and $3.64 for diesel!
$2.46 unleaded
$3.45 diesel
here in waco,tx
Bob "Chevyman"
The outlook for you fall travelers looks pretty good based on the futures market - I predict that some of you (states like Texas,Oklahoma,Missouri) will report reg. @ $1.99 and diesel @ $2.39 by Turkey Day but it probably won't last long - FWIW
Here in Los Angeles-king of high prices- regular $3.37; Diesel $3.45. Good Luck, TomC
I haven't seen any yet, but apparently there are now some places here where fuel prices have dropped below £1/litre.
At 99.99p per litre and with the current very weak pound/dollar exchange rate this means our fuel still cost the equivalent of $6.44 per US gallon. A couple months ago it was well over $8/gallon
Either way it kind of puts your prices in perspective. I'd certainly like to know where our supposedly US-subsidized fuel is for sale.
Jeremy
Augusta GA
Diesel: 3.58
Gasoline: 2.95
JohnEd and JimR:
This a good example of how this topic is being read but never read the inside of poster's topic....no wonder why we get confusion about how or why of whatever being the subject of. Now I know why my answers are not always being read. They jump in without reading what other had said. Sad, Sad, Sad, Sad.
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About JohnEd & JimR topic....thanks for alarming us (whoever read it) about the subsidy of our money being spend over sea and USA is paying to the nose for our diesel prices.
Hope they put the brakes on this subsidy and $1 per gallon to the middle man for doing nothing at tax payer expense.
FWIW
Sojourn for Christ, Gerald
I hate all of you! ;) ;) ;)
We are still paying $3.27 for regular out here! I talked to a friend in OK yesterday and couldn't believe they were paying less than $2.50 per gallon for regular gas...
Quote from: Sojourner on October 16, 2008, 09:35:13 AM
About JohnEd & JimR topic....thanks for alarming us (whoever read it) about the subsidy of our money being spend over sea and USA is paying to the nose for our diesel prices.
Hope they put the brakes on this subsidy and $1 per gallon to the middle man for doing nothing at tax payer expense.
Jerry it has been going on for some time, congress has know about it and does nothing!! It would seem a president with any backbone would step in and stop it!! They do have the authority.
What I cannot track down is who this middleman is?? It would seem that it is a select group of people with very powerful connections. It does not appear to be companys such as Exxon or others. Jim
All of you are great. I can see that some missed the "topic" of the post, as Gerry pointed out. Still, you are all great.
FOX news....HMMMM? ::) A Republican Congressman named John Shadegg out of AZ. ....HMMM? That is a common and always suspicious coupling in my book. Shadegg's comment seems to point out that "splash and dash" is going on and that it is the "failure" of congress that permitts it. Here again, "BOOO CONGRESS". That broad brush of condemnation that disgusts many Americans and holds down voter turnout. That is a political strategy to win elections and fuel prices is being used to that end. Congress is the problem....sure!....now follow the money and see if the trail leads to the bank acct of Congress. "I think the bad actors are the members of Congress who are allowing this to happen." Hooey! Some need put out to pasture but "all"...I think not. VOTE your fuel cost conscience. One candidate said last night "we will certainly look at drilling off shore and we will also say to the lease holders of drilling rights all over this nation(some 65 thousand something big) that you will start drilling there and use your lease or lose your lease". Loose quote, sorry. I cheered in my living room.
I paid $3.15 per here in Eugene. The price is coming down and I like that. I would not be so upset about gas prices were it not that some crud seems to up the price when he wants to and he puts enormous profits in his pocket as a motive. I can't do much about that if I can't elect a guy/girl that is sympathetic to my plight. Living on a fixed income makes this doubly scary.
That $1 a gallon isn't a cash outlay from the Gummint. It is a "tax deduction". What fool is going to expect you to believe that the IRS is not aware of who is claiming the deduction? WHAT FOOL? I believe I qualify for that deduction for the BioD that I make although I have never claimed it. You don't have to be a commercial entity but you have to have records to prove your production. That subsidy is directed at subsidizing our home grown Bio industry and the Bio community lobbied hard for it. They deserve it as far as I am concerned as they are making a serious effort to help with pollution and Warming. Sure it may be a drop in the bucket but what ever happened to "the principle of the thing" and the peace corps and the Boy Scouts or just charity? Why is "Do Gooder" an insult. "Doo Badder" would be a complement, going by that logic.
You close the "loopholes" and provide proper incentives and you will bring down the cost of fuel....at least by some margin.
Thank you all,
John
Hi
Here in NZ we are currently paying US$3.80 per US gallon.
We import all of our oil, so are totally dependant on the international market prices. Even so a large percentage of the cost at the pump goes to the Govt as taxes.
Cheers
Peter
Quote from: Nissan_DownUnder on October 16, 2008, 04:37:09 PM
Hi
Here in NZ we are currently paying US$3.80 per US gallon.
We import all of our oil, so are totally dependant on the international market prices. Even so a large percentage of the cost at the pump goes to the Govt as taxes.
Cheers
Peter
Cheers, I like that. Will ;D
And I thought I was getting flex fuel at a bargain price of $2.79,but we're always high in Vegas cause we're attached to that "OTHER STATE" next door >:(.Van