2nd Mustang
Founding Member
Regular gas will be the same price as racing gas soon! Yes it's gouging. I filled up today and two gas stations several blocks apart on the same street had a difference of about 20 cents/gallon.
69Rcode_Mach1 said:THIS IS ****ING BULL**** I HAVE NO IDEA HOW I AM GOING TO DRIVE THE STANG. Because of this **** I am considering saving up for a motorcycle so I can sneak by for college.
rbohm said:before you complain that big oil and president bush are ripping you off, consider a few facts;
1: the net profit per dollar of sales for the oil companies is 7.6 cents, where as all other industries average 7.9 cents per dollar.
2: yes the oil companies have record profits, but they are also selling record amounts of their products, which by the way is more than just gasoline. heaven forbid that big oil(or any business for that matter) should make a profit.
3: at the current time the federal, state, and local governments around the country require that the oil companies make 18 DIFFRERENT fuel blends because of environmental regulations. yes the environmental groups DO have a big hand in this as they constantly file law suits to require certain ingredients be added or subtracted from fuel blends.
4: right now refinery capacity is maxed out due to the different fuel blends that are required, and due to overall demand.
5: also dont forget that oil companies buy oil not only from set contracts, but on the spot market as well, and that is where much of the cost of oil comes from. spot market oil is expensive, and of course the cost is passed onto the consumer.
what is needed is to;
1: change many environmental laws to reduce the number of fuel blends to 3 or 4.
2: change environmental laws to allow the building of new refineries with new technologies for getting the most out of crude oil stocks.
3: make new regulations to force the oil companies to start making synthetic fuel from coal and other sources to start reducing our dependence on foreign oil.
4: expand the use of E85 fuel to also help reduce our dependence on foreign oil.
gp001 said:What the heck is wrong with you? Why would you infuse logical sense into a completely emotional/political bitch fest?
Banditlead said:Can someone please explain the different blends, and why theres 14 of them?
jikelly said:. I say this and I am a liberal and a democrat.
rbohm said:what amazes me is that people keep blaming bush for something he has NO control over. ok i get it, you hate bush(unless you have actually met the man i dont understand why though). but the president has as much to do with oil prices as he does with car prices. the europeans, candians, and others have paid much more than we ever have for gas, and now that our supplies are in short supply, and you know that, and it is due in large part to the environmetalists who keep sueing to prevent new oil refineries from being built, and keep sueing to force the EPA to make new regulations regarding the fuel blend that is required to be used in a certain area(there are 18 different blends at the current time). and now that 11% of our refining capacity is shut down for who knows how long, things will get even worse. it is still NOT president bush's fault, even though you might want to blame him. get over the higher prices, they will come down as refineries can change over to winter blends that are easier and less expensive to make, and the EPA has relaxed its rules about fuel blends to help aleviate fuel shortages for the time being.
Hissing Cobra said:.....but there's got to be something he can do to restrict the price gouging that's going on.