Well the current rise in gas prices....especially the rising more than once a day, has to do with hurricane Katrina. Too many refineries are flooded, and too many off shore oil rigs shut down. There is a shortage, and since demand is far higher than supply, the price is UP......high school economics, it did come in useful!
There will always be high demand, you are going to see taxi fare rising, airplanes tickets have gone up and it probally will go up again, the might if they have not yet going to start charging extra for shipping of letters and packaging. Every business that has to use gasoline for their businesss wants part of the high gas prices if not they will go out of business or file bankruptcy.
I wonder if 100 year old Alan Greenspan still thinks this economy is improving (If he does now i'll puke)
Back in the Clinton years gas was never out of hand?
By the way in Batavia Speedway on Randall and Oak $3.31.
My My My!!!!!
If anybody hasn't notice i barely see anybody driving at night it is dead on the roads, so quiet.
It takes one more hurricane in florida or texas and gas will be equivalent to the price of gold on the market. Gold gas WOW cand i make a chain out of it????
Pump and Run is rising as quickly as the gas goes up.
Today, gas around here went from about $2.89 up to $3.31 at Thornton's. I was driving around went to my place of employment and there is a shell and amoco on the corner, both were still $2.89, I didnt really need gas, had a half tank, but you better believe my car came to a screaching hault and pulled right into that shell for "bargain" $2.89 gas.
And to keep this coaster related, these gas prices have now effectively cancelled my trip to the MN State Fair (6'th year now something came up to stop me from going), though it being a solo trip is why I cancelled it, no way I can pay these prices alone, I'm missing Mondial Top Scan, Shake and Swinger((Fighter)), cause of this, SWINGER!!!!, it only comes around the midwest once a year, and there are 2 in the world, I best get on one((AirMaxx)) next year at Oktoberfest, else I will be P.O.'d)
:end rant:
Favorite Wood Coasters: The Voyage, Ravine Flyer II, Thunderhead, Balder Favorite Steel: Voltron Nevera, Steel Vengeance, Expedition GeForce, Olympia Looping Parks visited: 239, Coasters Ridden: Steel: 937, Wood: 179, Total: 1116
Shockwavegirl wrote:Well the current rise in gas prices....especially the rising more than once a day, has to do with hurricane Katrina. Too many refineries are flooded, and too many off shore oil rigs shut down. There is a shortage, and since demand is far higher than supply, the price is UP......high school economics, it did come in useful!
Yes and no to this. Yes Hurricane Katrina is the blame for the rising
in cost, but thats only cause the gas and oil companies want to cash off
and make more profit on a disaster. As I stated earlier, only 10% of
the production of gas is effected by the hurricane, so we have 90%
still going.
Most of this stuff is gouging. The only way we can fight against the rising
cost, is to not buy gas, but, in this day of age, we depend a lot on gas
to get us to places. The Gas and Oil companies see this, so what do they
do? Raise the cost, because it means more profit to them!! Like I said,
From January to July, the companies made an average of $300 Billion
in profit.
Even in other countries that are paying way way more than us, it's
out of control for them too! New Zealand, Australia, England,
Germany, all playing easily more than $5.00/gallon. In England
however the Taxes are to blame for the high cost. But still!!
I wish the big cats in the Oil and Gas companies were considerate
and stop thinking about making profits off of this!
"The world of politics is filled with uncivilized, snarling, rapacious beasts that, like untrained mutts, raise their legs and urinate on everything we hold dear," - Michael Savage
The price is going up largely due to the future markets in oil/gas. They fear
that there may be a shortage of oil/gas due to the recent events so the prices are bid up, part of the way the private sector functions in free societies.
On CNN they showed that there is one place that has gas for $5.89/gallon.
They didn't mention where.
"The world of politics is filled with uncivilized, snarling, rapacious beasts that, like untrained mutts, raise their legs and urinate on everything we hold dear," - Michael Savage
FParker185 wrote:And to keep this coaster related, these gas prices have now effectively cancelled my trip to the MN State Fair (6'th year now something came up to stop me from going), though it being a solo trip is why I cancelled it, no way I can pay these prices alone, I'm missing Mondial Top Scan, Shake and Swinger((Fighter)), cause of this, SWINGER!!!!, it only comes around the midwest once a year, and there are 2 in the world, I best get on one((AirMaxx)) next year at Oktoberfest, else I will be P.O.'d)
"I've been staring at the world, waiting. All the trouble and all the pain we're facing. Too much light to be livin' in the dark. Why waste time? We only got one life. Together we can be the CHANGE. So go and let your heart burn bright"
I have decided that if it gets to $4 a gallon or more im going to gather up all my friends and there cars and gas up and leave without paying. If everyone does it they cant catch us all! I wonder if the person will hit the accept button if you are trying to pump gas in a black ski mask
Andrew wrote:We have been over this before. It's NOT my car end of story.
I never said it was your car. I wasn't even talking about the car. I'm only saying that by willingly accepting high prices for gas, gas stations will charge high prices for gas. They're in it for the money, and if consumers are willing to give it to them, they're more than happy to take it.
I used the example of 1/2 mile to the gallon to help prove this point. And the car gets about 10 MPG (and that's being generous), not 1/2. Next time, if you don't know something, don't post it.
I only responded because you said "your car's" in your post so that's how I took it. So yeah I'm done disgussing my sister's car. Anyway, the prices may reach $4 by mid next week.
$40.05 to fill up a regular car.. not a SUV.. not a van but a regular car! Of course this weekend I will be driving all over the state of IL so let's make that $80 in gas for 1 week... grrrr
http://themeparkcritic.com/scripts/profile/ViewProfile.asp?ViewID=2909 A furious storm once roared `cross the sea, catching ships in its path, helpless to flee. Instead of a certain and watery doom, the winds swept them here to Typhoon Lagoon!
for swinger, those arms are powered by pnuematics, they are forced to swing outward, and they dont just swing in and out, they also swing back and forth, with a good ride op I hear it's pretty decent.
Also Top Scan is perfectly safe, the person tossed was mentally retarded, and alot of times their strength and flexibility can far exceed normal when they want to get out of something (though there is always the chance of mechanical failure also)
Favorite Wood Coasters: The Voyage, Ravine Flyer II, Thunderhead, Balder Favorite Steel: Voltron Nevera, Steel Vengeance, Expedition GeForce, Olympia Looping Parks visited: 239, Coasters Ridden: Steel: 937, Wood: 179, Total: 1116
w00dland wrote:People people. For one it's not that oil companies are making prices higher to make a higher profit. It's called supply and demand.
With wars in the middle east, production has been slowed. So there weren't as many barrels coming into the country which is what started the rise in gas prices.
Now the refineries (the places which convert crude oil (the stuff that comes out of the ground) to gasoline, heating oil, etc. have been shut down, which is effecting the gas and heating industry more than anything else. And the SOR has been opened before as well, when hurricaine Ivan hit Florida last year.
So basically the supply which was already tight has been cut down even more while demand is just as high, creating problems.
Yes, some of it is due to supply and demand, but much of it is due to price gouging. When gas prices go up, the oil company's profits go way up. In Georgia, prices hit around $6.00. There is no way that it can be $3 here, and $6 there. Gas prices have to be higher, but they don't have to be this high.
When the two feeder lines for Oil go down (due to the hurricane and power loss) then you don't have much gas to sell. The law of supply and demand takes over. Atlanta lost it's supply of crude. Thus, prices went up as there was less oil to refine into gasoline. Chicago never lost it's primary supply, so our prices never made the jump.
Our prices went up pretty much as much as the rest of the countries did as the entire country lost a good portion of our supply.
Where gas and oil are more readily avaible, the prices will be cheeper (Texas, Oklahoma, Gulf Coast states, etc.)