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Gas prices hit high
CNN ^ | August 14, 2005

Posted on 08/15/2005 6:06:24 AM PDT by BulletBobCo

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To: appalachian_dweller
That is the saddest thing I've seen yet on this forum.

I find it more scary and sick than sad.

After being a being a member of the NRA for 25 years, I didn't renew my subscription, just to save money I am now spending on fuel. New clothes, going out to dinner, and purchases of anything extra are basically gone, done, over.

And some think this is good? I find that down right depressing and very scary.

181 posted on 08/15/2005 3:12:30 PM PDT by Black Tooth
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To: BulletBobCo
When is it going to be realized that the environmentalist wackos are not helping this problem.In fact they are increasing the problem

Until we all drive Yugo's they are not going to be happy.
182 posted on 08/15/2005 3:16:38 PM PDT by Rightly Biased (<><)
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To: backhoe; SierraWasp; BOBTHENAILER; Ernest_at_the_Beach; mhking; nutmeg
Sticker Shock-$3 a gallon gas? Click the picture:

Great find Backhoe!


183 posted on 08/15/2005 4:07:32 PM PDT by Grampa Dave (The civilized world must win WW IV/the Final Crusade and destroy Jihadism!)
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To: Grampa Dave

Thanks, Dave.


184 posted on 08/15/2005 4:12:03 PM PDT by backhoe
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To: deadeyedawg
We use more expensive gasoline blends (boutiques) now, taxes have increased, and refining is at a premium because we haven't built a refinery since then despite increased demand. So $90/barrel may be the crude record, but it's more like $75/barrel to set the gasoline record.
185 posted on 08/15/2005 4:20:37 PM PDT by dufekin (US Senate: the only place where the majority [D] comprises fewer than the minority [R])
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To: Black Tooth

>> After being a being a member of the NRA for 25 years, I didn't renew my subscription, just to save money I am now spending on fuel. <<

That is indeed scary. I guess the elitists have found a new way to TRY to keep us in line.

FOX DC news now covering a story about Papa John's Pizza feeling the pinch. They are repeating what I stated earlier. The cost of EVERYTHING is going up due to fuel prices.


186 posted on 08/15/2005 7:19:12 PM PDT by appalachian_dweller ( Islam = Evil. Don't believe me. Read the koran for yourself.)
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To: GR Freeper

Went from $2.40 to $2.60 Monday morning in Toledo, and I saw on the stock market report the price of oil per barrel dropped. Explain that one.


187 posted on 08/15/2005 10:19:04 PM PDT by The Foolkiller ( Why......That sounds.....FOOLish!)
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To: biblewonk

only if it results from subsidies. not from relaxed regulations (inhibiting drilling and new refinery construction) and perhaps some tax amnesty to take a bit of the bite out of the price of the fuel...not everyone on FR makes $100k a year...


188 posted on 08/15/2005 10:44:29 PM PDT by Schwaeky ("Truth is not determined by a majority vote" Pope Benedict XVI)
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To: Terabitten

speculation is one area where regulation may do good--keeping the little man from getting the shaft at the pump.. perhaps legislation similar to sarabanes-oxley...


189 posted on 08/15/2005 10:59:45 PM PDT by Schwaeky ("Truth is not determined by a majority vote" Pope Benedict XVI)
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To: Trust but Verify

i can vouch on that. I'm training to be a route manager for a food home delivery service (due to company policy will remain unnamed but its the biggest frozen food home service on the planet) and the guy i have rode along with has seen drops in orders with jumps in the price....


190 posted on 08/15/2005 11:01:57 PM PDT by Schwaeky ("Truth is not determined by a majority vote" Pope Benedict XVI)
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To: Schwaeky
only if it results from subsidies. not from relaxed regulations (inhibiting drilling and new refinery construction) and perhaps some tax amnesty to take a bit of the bite out of the price of the fuel...not everyone on FR makes $100k a year...

I sure don't, plus I have a single income and 10 mouths to feed. OK my oldest is getting married soon but it still seems like I send a lot of money her way.

I don't see why so many people think "they" want to build more refineries. Why would they, they can maximize profits right now by carefully controlling consumption through price. "Peak Oil" is just around the corner and any new refineries will be a waste at that point. How long does a refinery last? 50 years? We will hit peak oil way before that and yet so many Freepers (not you) delude themselves into thinking enviros have prevented "them" from building these problem solving refineries that make the price of gas fall like a rock. It's just not the case.

191 posted on 08/16/2005 4:55:00 AM PDT by biblewonk (A house of cards built on Matt 16:18)
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To: Grampa Dave; newgeezer

Wow! that's beautiful!!!


192 posted on 08/16/2005 4:55:37 AM PDT by biblewonk (A house of cards built on Matt 16:18)
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To: appalachian_dweller

Are you Satan, temp me by being a sh****** and then sit back and accuse? FOAD I say.


193 posted on 08/16/2005 4:58:10 AM PDT by biblewonk (A house of cards built on Matt 16:18)
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To: txflake
and they gouge away when in the mood until it backs up at the refinery.

Occam's razor strikes again. I hope the problem is as simple as you state. Cause I'm sick of wondering.

I heard a VERY interesting statistic on NPR yesterday. Demand has indeed risen over the last year - by a whopping 1%. Now, it seems to me that the price has risen FAR more than 1%. So, what else is going on? I believe the answer is speculation in the oil markets.

194 posted on 08/16/2005 5:38:21 AM PDT by Terabitten (Life, liberty, and the pursuit of all who threaten it.)
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To: eraser2005

Okay, we're not that far apart then. At least you are being creative. But how is someone making $8.00 an hour going to pay the "surcharge"? That person can't wait for the gov to reimburse him/her.

And I don't like giving the government my money to 'hold' until they decide to credit back the cash. Governments are always inefficient and almost always screw things up. They probably couldn't run the program you described for less than a billion $.


195 posted on 08/16/2005 6:05:23 AM PDT by subterfuge (Obama, mo mama...er Osama-La bamba, uh, bama...banana rama...URP!---Ted Kennedy)
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To: biblewonk; backhoe

Amazing how the mediots lie with the magic of the internet search.

I sent that to a local pseudo news outlet and called them liars about their headlines re the highest prices ever.

No response from them as of this morning.

The power of FR's indexing with great Freepers like Backhoe who index articles is flexed again.


196 posted on 08/16/2005 6:46:12 AM PDT by Grampa Dave (The civilized world must win WW IV/the Final Crusade and destroy Jihadism!)
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To: subterfuge

I think the key would be reinforcing to people to adjust witholdings - that's how you could avoid having to wait to get your money back at the end of the year.

The problem for the person making $8 an hour would probably be more of a budgeting problem - realizing that they can't go out and immediately spend it....

I'm not saying this is a perfect plan (far from it) - but its my feeble attempt at trying to urge people to do better... (and its pretty democratic, I would think, as it would be based on what the average, middle of the road american did).... Lord knows CAFE hasn't been working (although I believe that's largely because the standards haven't changed since 1978)


197 posted on 08/16/2005 6:49:22 AM PDT by eraser2005
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To: newgeezer; RightWhale

Some gas stations put a pie graph on the pump showing the breakdown of costs. Taxes is nearly 50%. There are a lot of steps along the movement of gas (from well to pump) where the gov't taxes the exchange, adding up to a lot.

Now consider that nearly half your income goes to taxes (state, local, etc.): kick around the math a bit, and you'll find it actually works out to you having to earn nearly $5 to buy a little over $1 worth of actual gas - the rest goes to taxes.


198 posted on 08/16/2005 7:00:22 AM PDT by ctdonath2
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To: NaughtiusMaximus
Live in the West and am starting to feel the pinch. My plan: Take up more "at home" projects, dump things like health club memberships which require driving, eat at home instead of going out for dinner, plan an austere Christmas season, schedule errands wisely.

Prices are always an excellent indicator for the allocation of resources. Fundamental economics prevail again.

199 posted on 08/16/2005 7:03:06 AM PDT by Protagoras (Now that the frog is fully cooked, how would you like it served?)
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To: mysterio
The basic fact of the matter is that it isn't supply and demand driving the price of gasoline or natural gas. A lot of it is speculation and profiteering. And the government should suspend the profiteering or suffer itself when the ecomony sinks

Seldom has so much nonsense been packed in so few words.

200 posted on 08/16/2005 7:06:57 AM PDT by Protagoras (Now that the frog is fully cooked, how would you like it served?)
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