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Pipeline Flip Turns U.S. Oil World 'Upside Down'
NPR ^
| 18 May 2012
| Jeff Brady
Posted on 05/19/2012 1:51:53 PM PDT by Theoria
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To: phoneman08
I want gas to be less than $2.00 per gal.
BTW, have you heard the scam politicians are trying to pull to move taxes from per gallon to percentage of sale?
For years and years, they had it per gallon because they got more that way. Now, with more efficient cars and higher costs per gallon, the scamsters want to switch the game.
21
posted on
05/19/2012 3:42:45 PM PDT
by
FreeAtlanta
(Liberty and Justice for ALL)
To: Theoria
“...as cheap as $3 a gallon...”
Not nearly cheap enough.
22
posted on
05/19/2012 3:43:18 PM PDT
by
pallis
To: Theoria
$4.35 in San mateo California yesterday.
23
posted on
05/19/2012 3:52:43 PM PDT
by
funfan
To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
Thanks Theoria.
Drivers along the Gulf Coast and in the Southeast will end up on the winner's side, he says. All that cheap oil from Cushing moving to the Gulf will mean lower gasoline prices there. Kloza predicts that some places with low gas taxes -- like South Carolina -- could see fuel as cheap as $3 a gallon in the coming months.
Remember in November -- Zero has set us up to fail, again and again.
24
posted on
05/19/2012 4:05:43 PM PDT
by
SunkenCiv
(FReepathon 2Q time -- https://secure.freerepublic.com/donate/)
To: funfan
Paid $4.35 in Sunnyvale yesterday — $125 to fill up my Expedition (which was on fumes). An all-time record for a fill-up. I just love the wisdom of Obamanomics.
To: PAR35
Hmmm. Brent oil $110.00 a barrel when it used to be $2.00 less than WTI oil which is our oil. We pipe our oil to Cushing Oklahoma where it is piled up. No ports in Cushing. If we could only turn that pipeline around and send the oil to New Orleans, then we could ship it to Europe for about a buck a barrel, nice profit. Now do you see peak oil raising its head again for oil prices in The US?
26
posted on
05/19/2012 4:51:28 PM PDT
by
The Old Commander
(Anyone who votes for Obama is either delusional or a moron)
To: PAR35
Hmmm. Brent oil $110.00 a barrel when it used to be $2.00 less than WTI oil which is our oil. We pipe our oil to Cushing Oklahoma where it is piled up. No ports in Cushing. If we could only turn that pipeline around and send the oil to New Orleans, then we could ship it to Europe for about a buck a barrel, nice profit. Now do you see peak oil raising its head again for oil prices in The US?
27
posted on
05/19/2012 4:51:34 PM PDT
by
The Old Commander
(Anyone who votes for Obama is either delusional or a moron)
To: goodnesswins
Gas is still about $4.19/gal in our areaThe price of gas isn't reflective of supply these days.
28
posted on
05/19/2012 5:06:45 PM PDT
by
zeugma
(Those of us who work for a living are outnumbered by those who vote for a living.)
To: FreeAtlanta
Yeah, Georgia Gasoline tax has been a percentage of price for as long as I remember. Figures the Feds want to move this way as well. Sure it will sold to us as revenue neutral.
29
posted on
05/19/2012 5:49:34 PM PDT
by
phoneman08
(Reagan conservative union member. Not a s rare as you think!)
To: ProtectOurFreedom
This really ticks me off because I do not hear anything about it from either side. The prices started going up right after Obama took office and pretty much have gone
upward ever since. I feel bad for my kids one has an Explorer and the other has an Escape and it is eating up their income. When my kids were in school we were paying for their gas so I was glad it was on the lower end and was happy when they moved out and took charge of paying for their own gas but now that it is so high it is as if we are not seeing any cost reduction. It seems like every time we get a little ahead here comes the government to screw it all up. They all suck especially Obama!!!!!!!!! Just wait till the Bush tax cuts go away then it will be even worse and my kids rates will go up 12%--you know the tax cuts for the rich funny my kids are from for rich about 60K. Those so called tax cuts for the rich really benefited the lower and middle incomes now that will be gone too and gas will go to $5.00 a gallon. Ugh sorry for the rant
30
posted on
05/19/2012 9:35:21 PM PDT
by
funfan
To: RegulatorCountry
It’s all over the place here in Durham...some stations on the north side of town last weekend were at $3.52, but our corner station here on the southwest side isn’t budging from $3.70. Gas getting more expensive the closer one gets to Chapel Hell, imagine. Who knew?
}:-)4
31
posted on
05/20/2012 5:10:40 AM PDT
by
Moose4
("Oderint dum metuant" -- "Let them hate, as long as they fear." (Lucius Accius, c. 130 BC))
To: Theoria
Fracking is saving the U.S. economy.
32
posted on
05/20/2012 5:17:32 AM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: aposiopetic
No bias on NPR at all... I swear these writers have to occasionally do a symbolic "Heil Hitler". These writers put in words like this to demonstrate their "fairmindedness" (actually loyalty to the cause - just like a Heil Hitler) to their other "fairminded" peers.
33
posted on
05/20/2012 5:46:20 AM PDT
by
BRL
To: American in Israel
Bears repeating, with emphasis :
"The oil glut is from the depression. People are using a whole lot less gas then they were before Obama took office."
$3.49 in central PA this weekend.
34
posted on
05/20/2012 5:50:46 AM PDT
by
tomkat
(:^)
To: Moose4
The lower sales volume stores here still have premium at $3.92 when I know for a fact that it can be had for twenty cents less per gallon, so I have to pay close attention when filling up the car that needs it.
Some of the variation is local tax, or so I understand. Some of it is sales volume, they've still got their tanks full of gas for which they paid more than the current retail price.
The variation is inverted from recent patterns here, too. For the past several years, you'd get nailed buying gas anywhere near an interstate, but now it's cheapest near an interstate.
Why that is, I couldn't say, unless it's the sales volume thing and they're benefitting from rapidly falling wholesale while the slower sales volume places aren't yet.
To: Southack
Fracking is saving the U.S. economy.It's helping a lot despite the efforts of the most ignorant ungrateful POS in America, the Democrat party that despises oil, gas, coal and electricity producers. Total idiots whose patron saint is that wrecker of economies, Robert Mugabe.
36
posted on
05/20/2012 7:37:19 AM PDT
by
dennisw
To: American in Israel
Your chart: “Monthly US Total Gasoline Retail Sales by Refiners” is very misleading.
Only a small portion of the Gasoline Retail Sales is by the Refineries. As your first chart and second chart together show, far more Gasoline is sold to Retail by Blenders, not Refiners. The Refineries mostly sell to the Blenders, not direct to retail.
If you want to see total gasoline sales in the US, the total data is found at:
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MGFUPUS2&f=M
37
posted on
05/21/2012 5:19:43 AM PDT
by
thackney
(life is fragile, handle with prayer)
To: thackney
Thanks for the link! Great data. I notice that the downturn still shows, but in a much more realistic way. I wonder what triggered the odd chart I posted.
38
posted on
05/24/2012 1:07:26 PM PDT
by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
To: tomkat
$3.49 in central PA this weekend. Its $4.45 this weekend in Alaska.
39
posted on
05/24/2012 1:10:05 PM PDT
by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
To: American in Israel
On vacation, or need to change yer nick ? ;-)
40
posted on
05/24/2012 1:29:13 PM PDT
by
tomkat
(:^)
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