%$#@*&^%%$#$# OIL COMPAINIES

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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.

Unfortunately, thats the attitude of alot of people. "How am am I going to commute 120 miles every day in my 8mpg H2? How can I afford to take the 4mpg motorhome cross country this summer? How am I going to waste the weekend driving around?" Does anyone need to do any of that?

We dont need to reduce our dependency on foreign oil, we need to reduce our dependency on oil in general.

In response to building more refineries....simple business is the reason they don't. Why sell 1,000,000,000 gallons of gasoline in a year at $1.50/gal when you can sell 500,000,000 a year at $3.00 for two years with lower overhead cost(less refinery work, fewer employees, logistics, etc). With that in mind, regular was $2.89 this morning, but when I had to get some tonight it had risen to $3.10 and I'm mad as hell about it.
 
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.

What the heck is wrong with you? Why would you infuse logical sense into a completely emotional/political bitch fest? Those big meanie head oil companies and Bush have an evil master plan and your thoughtful post contradicts that. Shame on you. bush should take over the oil companies and reduce the pump cost to $0.50 a gallon.
 
You know I don’t like Bush and I think he is part of the problem not the solution. He is leading us Americans in the wrong direction and driving this country into the ground, but the democrats are worthless. They have stood by and let a bunch of crap happen that is disempowering the middle class, sticking them with an over whelming tax burden, allowing poverty to increase, and America’s infrastructure to decay near to the point of collapse (look at the levees around New Orleans) while giving themselves (congress), and the wealthy, raises and tax breaks. I am pissed about this they should all be thrown out of office because they are not serving our best interest. They are trampling our rights, and left us unprepared to deal with disasters like Katrina. I say this and I am a liberal and a democrat.
 
Banditlead said:
Can someone please explain the different blends, and why theres 14 of them?

EPA rules, and state and local regulations require 18 different fuel blends around the country to reduce local emission levels, of various types. some places allow mtbe, others dont. there are a number of different chemicals blended in the fuel to allow for cleaner combustion, but some of those chemicals are not allowed in some areas, thus the requirement that the oil companies create 18 different fuel blends.
 
WHERE TO BUY YOUR USA-GAS
> >
> > WHERE TO BUY YOUR USA-GAS, THIS IS VERY IMPORTANT TO KNOW. READ ON--
> > Why didn't George W. think of this? Gas rationing in the 80's worked
even
> > though we grumbled about it.
> >
> > It might even be good for us!
> >
> > The Saudis are boycotting American goods.
> >
> > We should return the favor.
> >
> > An interesting thought is to boycott their GAS.
> > Every time you fill up the car, you can avoid putting more money into
the
> > coffers of Saudi Arabia.
> > Just buy from gas companies that don't import their oil from the Saudis.
> >
> >
> > Nothing is more frustrating than the feeling that every time I
> > fill-up the tank, I am sending my money to people who are trying to kill
me,
> > my family, and my friends.
> >
> > I thought it might be interesting for you to know which oil companies
are
> > the best to buy gas from and which major companies import Middle
Eastern
> > oil.
> >
> > These companies import Middle Eastern oil:
> > Shell............................ 205,742,000 barrels
> > Chevron/Texaco......... 144,332,000 barrels
> > Exxon /Mobil............... 130,082,000 barrels
> > Marathon/Speedway... 117,740,000 barrels
> > Amoco............................62,231,000 barrels
> > If you do the math at $30/barrel, these imports amount to over $18
> > BILLION! (oil is now $55-$60 a barrel)
> >
> >
> > Here are some large companies that
> > do not import Middle Eastern oil:
> >
> > Citgo......................0 barrels
> > Sunoco...................0 barrels
> > Conoco..................0 barrels
> > Sinclair.................0 barrels
> > BP/Phillips............0 barrels
> > Hess.......................0 barrels
> > ARC0.....................0 barrels
> >
> > All of this information is available from the Department of Energy
> > and each is required to state where they get their oil and how much
> > they are importing.
> >
> > But to have an impact, we need to reach literally millions
> > of gas buyers. It's really simple to do.
> >
> > Now, don't wimp out at this point.... keep reading and I'll
> > explain how simple it is to reach millions of people!!
> >
> > I'm sending this note to about thirty people.
> >
> > If each of you send it to at least ten more (30 x 10 = 300)... and
> >
> > those 300 send it to at least ten more (300 x 10 = 3,000) .. and
> >
> > so on, by the time the message reaches the sixth generation of people,
> >
> > we will have reached over THREE MILLION consumers !!!!!!!
> >
> > If those three million get excited and pass this on to ten
> > friends each, then 30 million people will have been contacted!
> >
> > If it goes one level further, you guessed it .... THREE HUNDRED MILLION
> > PEOPLE!!!
> >
> >
> > Again, all you have to do is send this to 10 people. How long would all
that
> > take?
> >
> > If each of us sends this e-mail out to ten more people within one day,
all
> > 300 MILLION people could conceivably be contacted within the next eight
> > days!
 
You know this last election was the a choice between the lesser of two evils. I hate bush, but kerry was a much bigger dumbass and would have hated to see where we would be with him. I have lost all faith I ever had for bush due to gas prices and on top of that his handling of the new orleans tragedy is going to be scoffed at by future historians.

VOTE GOVERNATOR FOR PRESIDENT!!!!!! :D
 
The lesser of two evils my foot. It was a choice between the evil we knew and a career politician. I'm not sure what Kerry would have done, but I know I don't agree with what Bush and company are doing.

I was also shocked to discover that I am not the only liberal in Lubbock. There are quite a few around here actually. They are just too scared to speak up. Remember if you’re not supporting Bush you're supporting terrorism.
 
Fuel prices are frustrating, but stuff gets more expensive constantly. What were you guys paying for fuel in the 60s? What did a NEW mustang go for in the 60s? I remember reading new 69s went for around 3 grand. Now compare that today, fuel has gone up by however many hundred percent, but so has the price of everything. I'll be lucky to get a VERY average 69 for 20 grand over here.

I'm glad to see others on here that understand that a big business is allowed to make a big profit, after all they sell a LOT of product.

What really amazes me though, is that here, you guys are complaining less than the sport-bike brigade who on a bad day get 20mpg. Heaven forbid they should ease up on the throttle. Heck it might cut the number of "I crashed because I'm a dumb$h1t" thread I see on sportbike forums.
 
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.
 
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.

There you go again.
 
Winter blends may be cheaper but that still does not change the fact that these companies STILL increase the pricing just before Thanksgiving, Christmas and New Year's Eve. I won't even go into the home heating oil prices during the winter months.

I agree that Bush is not to blame but there's got to be something he can do to restrict the price gouging that's going on.
 
Hissing Cobra said:
.....but there's got to be something he can do to restrict the price gouging that's going on.

It's plain old greed. It affects every commodity on the market. If price caps were enforced on everything, we'd be a socialistic society. Someday, some company will figure it out, charge a realistic price and the masses will come a knocking.
 
I predict that gas will stay above 2.60, here in west texas, for at least two months, and that once the price does finally fall it will stop droping at 1.70 and remain there from now on.

Let's hope I'm wrong.