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        New Message Board Archives >> 2005 General Board Posts >> Gazprizer are rizing over here
        
(Message started by: Svenn on Sep 7^th, 2005, 11:14am)

Title: Gazprizer are rizing over here
Post by Svenn on Sep 7^th, 2005, 11:14am

$ 2.11 for 1 ONE LITRE of gazoline over here thnx to Katrina.$1,90 for 1 ONE LITRE of Diesel

Not sure if i should laugh or cry because of this

Svenn

Title: Re: Gazprizer are rizing over here
Post by Melissa on Sep 7^th, 2005, 11:31am

Sorry Svenn :(

Title: Re: Gazprizer are rizing over here
Post by sandie99 on Sep 7^th, 2005, 11:43am

Our gas prices are 1.49 (95E) and 1.09 (diesel). But the news just mentioned that the prices are going 10 cents down this weekend! :)

Title: Re: Gazprizer are rizing over here
Post by burnt-toast on Sep 7^th, 2005, 12:53pm

Just a simple question;

If the price of gas can go up .30 - .40 in a day after a disaster - why does it take weeks, months and sometimes never for prices to fall .30 - .40 after supplies are restored?

Tom

Title: Re: Gazprizer are rizing over here
Post by ArCane on Sep 7^th, 2005, 1:24pm

on 09/07/05 at 12:53:59, burnt-toast wrote:

Oil companies love MONEY!!

Title: Re: Gazprizer are rizing over here
Post by Melissa on Sep 7^th, 2005, 1:28pm

on 09/07/05 at 13:24:15, ArCane wrote:

Oil companies love MONEY!!

OMG, this is SOOO the TRUTH! I was watching the O'Reilly Factor last night (yes Charlie, I watch Bill, LOL) and he gave the figures as to the net profit of some of these companies. They were as much as 30 Billion dollars each QUARTER. :o

wow

Title: Re: Gazprizer are rizing over here
Post by Jonny on Sep 7^th, 2005, 2:44pm

Exxon's $10B fill-up: Cashing in on crunch
By Brett Arends
Wednesday, September 7, 2005 - Updated: 07:10 AM EST

Oil companies came under new fire yesterday when it emerged that ExxonMobil's profits are likely to soar above $10 billion this quarter on the back of the fuel crisis.

That's $110 million a day, and more net income than any company has ever made in a quarter. It's also a stunning 69 percent increase over the same period a year ago and a 34 percent jump from the $7.6 billion Exxon made just last quarter.

Title: Re: Gazprizer are rizing over here
Post by pattik on Sep 7^th, 2005, 4:54pm

on 09/07/05 at 14:44:59, Jonny wrote:

That's $110 million a day, and more net income than any company has ever made in a quarter. It's also a stunning 69 percent increase over the same period a year ago and a 34 percent jump from the $7.6 billion Exxon made just last quarter.

;;DMakes me glad that I'm a stockholder. But here's a little more info on big oil compared to other sectors: typical profit margins for the integrated oils averages less than 10%, whereas the big pharmas are around 20% and big insurance is 17%. This is because the oils put so much money back into exploration and research (including alternatives). Also, less than 10% of retail gas stations are actually owned by the oil companies.

Quote:

It's the independant owners who have the ability to jack up the prices and gouge the public. The economics of the oil industry is a very dynamic and fluid thing with many domestic and international politics influencing it. So while its easy to dump on the big integrated oil companies for all our woes, it takes a little work to really study the details of how oil gets from the ground to our tanks.
Red Caveny of the American Petroleum Institute was recently interviewed by PBS...
http://www.pbs.org/newshour/bb/business/july-dec05/oil_8-31.html

Title: Re: Gazprizer are rizing over here
Post by cootie on Sep 7^th, 2005, 7:52pm

Here gas was up to $ 3.29 and is down to $ 2.69 today a gallon. Lots of trips to the Bahama's and new sail boats from this crisis taken advantage of by sumone. Should be illigal Pam

Title: Re: Gazprizer are rizing over here
Post by DonnaHar on Sep 8^th, 2005, 3:50pm

Svenn.......if I'm calculating this right, (correct me please if I am wrong) you are saying that at 2.11 US dollars per litre, you are paying about $8.44 a gallon for gasoline?

Cry!

What determines the cost of gasoline in your country and why is it so much more than ours?

This is just awful. :'(

Title: Re: Gazprizer are rizing over here
Post by Charlie on Sep 8^th, 2005, 3:57pm

Gas prices are somewhere around $3.50 in western NY.

Yikes. Going to have to hybrids I guess.

Charlie

Title: Re: Gazprizer are rizing over here
Post by Jonny on Sep 8^th, 2005, 4:18pm

on 09/08/05 at 15:57:17, Charlie wrote:

Gas prices are somewhere around $3.50 in western NY.

Yikes. Going to have to hybrids I guess.

Charlie

Nope, going to have to stick a pole in every enviormental extremist's ass and start drilling in Alaska.

Theres AT LEAST 38 years worth of oil there that would replace all the oil we get from Saudi Arabia.

Title: Re: Gazprizer are rizing over here
Post by Charlie on Sep 8^th, 2005, 4:27pm

Not sure there is much oil in Alaska now. At least I haven't read that. Bear in mind that I'm not a lunatic tree-hugger. Nice ideas of course. http://www.netsync.net/users/charlies/gifs/tree.gif

If there is that much oil there, it's hard to imagine that it hasn't been drilled. No way that could be stopped. Too much money involved.

I thought there was only a couple years worth.

Charlie

Title: Re: Gazprizer are rizing over here
Post by cootie on Sep 8^th, 2005, 4:30pm

Too bad vehciles can't run on beer......there'd be alot of compitition. Give ya a whole new meaning to pullin in a gas station and sayin FILL'R UP. Miller Light goin both ways Pam ;)

Gas is back down here in Ohio now and was $ 2.69 the other day after goin way above 3 bucks last week. Is this the land of 'takeing advantage' ???

Title: Re: Gazprizer are rizing over here
Post by pattik on Sep 8^th, 2005, 4:39pm

on 09/08/05 at 16:30:26, cootie wrote:

Too bad vehciles can't run on beer......there'd be alot of compitition.

;;DGood idea Pam. As bad as it has gotten, compare it to those $20 per gallon caramelmochawhippythingys that yuppies are standing in lines at Starbucks to buy :-/

Title: Re: Gazprizer are rizing over here
Post by E-Double on Sep 8^th, 2005, 4:39pm

on 09/08/05 at 16:30:26, cootie wrote:

Too bad vehciles can't run on beer......there'd be alot of compitition. Give ya a whole new meaning to pullin in a gas station and sayin FILL'R UP. Miller Light goin both ways Pam ;)

Gas is back down here in Ohio now and was $ 2.69 the other day after goin way above 3 bucks last week. Is this the land of 'takeing advantage' ???

Can't believe I actually miss paying $2.69......filled my fucking Honda for 47 today!!!!!!

FUCK!

Title: Re: Gazprizer are rizing over here
Post by DonnaHar on Sep 8^th, 2005, 4:44pm

There is still oil in Alaska, but we've reached the "tipping point" of whether it is more difficult to extract than it is to import. We need better technology to get to it as it is so hard to reach.

Oh, and by the way, I just heard on NBC that FEMA employs 180,000 people. Wow. That's impressive.

Title: Re: Gazprizer are rizing over here
Post by Jonny on Sep 8^th, 2005, 5:02pm

INDEPTH: OIL
Oil and the Arctic National Wildlife Refuge: FAQs

CBC News Online | March 17, 2005

What is it?

The Arctic National Wildlife Refuge (ANWR) is 7.7 million hectares of protected land in the northeast corner of Alaska. It borders on the Yukon and the entire refuge is north of the Arctic Circle.

Environmentalists have described it as the American Serengeti – the country’s last chunk of pristine wilderness. It is home to caribou, musk oxen, moose, wolves, polar, brown and black bears, and 180 species of migratory birds. The caribou form the huge Porcupine caribou herd, which migrates between Alaska, the Yukon and the Northwest Territories.

The refuge has been protected since 1960 when U.S. President Dwight Eisenhower declared that four million hectares of tundra and mountains in the northeastern corner of Alaska be set aside as a protected wildlife refuge.

Anybody live there?

About 220 Inupiat live in the village of Kaktovik, on Barter Island, just off the coast of Alaska but within the ANWR. The Inupiat are among a handful of peoples in North America still allowed to hunt whale. They can take three bowhead whales a year.

About 150 Gwich’in Indians live in Arctic Village, which is about 240 kilometres south of Kaktovik. The Gwich’in rely heavily on the Porcupine caribou herd for food.

Why is the area attracting so much attention?

Oil. There’s a fair bit of it under the frozen tundra – although exactly how much is the subject of debate.

The companies that want to get at that oil estimate there’s 16 billion barrels waiting to be pumped south – or about 30 years worth of Middle East oil imports.

U.S. government geologists have estimated a likely reserve of perhaps 10.4 billion barrels in the 700,000-hectare coastal plain region at the northern end of the ANWR. That’s the only part of the refuge where the U.S. government has considered lifting the ban on development.

Environmentalists and other opponents of opening the area to oil exploration argue there’s no way to know how much oil is there.

The Union of Concerned Scientists suggests there may be enough oil to fuel vehicles in the United States for six months. It argues that making vehicles more fuel-efficient will save far more oil than Alaska could ever produce.

How much support is there for drilling for oil in the region?

A fair bit. Polls suggest that 75 per cent of Alaskans support developing the region. The Inupiat were initially opposed to opening up the region for oil exploration. But they’ve changed their minds in recent years. They see oil and the jobs that come with it as the best way to improve their lives. There are few jobs in their village and they’ve been left behind economically while the rest of Alaska is doing quite well.

In 1980, the U.S. Congress expanded the protected region to the size it is today – but it also opened the door to developing potential oil reserves, but only if Congress specifically authorized it.

In 1995, Congress authorized oil drilling in the coastal plain – but President Bill Clinton vetoed it.

President Bush has made opening up the coastal plain of the ANWR to oil development a key part of his energy policy.

The Gwich’in oppose drilling for oil in the ANWR.

What’s the risk in development?

Depends who you ask. The oil companies say modern technology makes drilling for oil in sensitive areas far safer than it ever was.

The Inupiat say they are satisfied that development can be carried on safely. They point to the Prudhoe Bay oil field to the west of the refuge as an example of how development and traditional life can co-exist.

However, BP Amoco, the major oil company at Prudhoe, has had some challenges. On Sept. 23, 1999, the company pleaded guilty to a federal felony connected to illegal dumping of hazardous waste at their Endicott Oil Field near Prudhoe Bay. As part of a plea agreement BP Amoco agreed to pay $22 million in criminal and civil penalties.

The U.S Public Interest Research Group says between January 1997 and March 1998 BP was responsible for 104 oil spills in Prudhoe Bay.

The Gwich’in argue that drilling for oil and building the pipelines that will be needed to ship it south will endanger the caribou herd.

The Porcupine herd has been steadily growing over the past few decades. However, an American government study on the caribou herd concludes that while the herd appears strong now, "productivity [of the herd] can and will decline if the cumulative loss of preferred habitat, when superimposed on natural forces, is sufficient to compromise nutrition."

Quote:

In 1995, Congress authorized oil drilling in the coastal plain – but President Bill Clinton vetoed it.

Title: Re: Gazprizer are rizing over here
Post by thomas on Sep 8^th, 2005, 9:43pm

on 09/08/05 at 15:50:43, DonnaHar wrote:

Svenn.......if I'm calculating this right, (correct me please if I am wrong) you are saying that at 2.11 US dollars per litre, you are paying about $8.44 a gallon for gasoline?

Cry!

What determines the cost of gasoline in your country and why is it so much more than ours?

This is just awful. :'(

It is more, because they do not buy in the volume that we do. It's a simple economics theory.

Title: Re: Gazprizer are rizing over here
Post by Svenn on Sep 9^th, 2005, 1:31am

on 09/08/05 at 15:50:43, DonnaHar wrote:

Sorry i did miss this DonnaHar .

Its all adds up to taxes,taxes,taxes+that the oilcompanies LOVES money as someone else said here

Svenn