Gas Prices

[James Wheeler]

Even,

Are you planning on attending this summer?

[Evan Chase]

I used to go often....but with our "chain" of home theatres here in Toledo, we keep busy with our own shows....plus at $3 a gallon for gas, I don't do a lot of out of town driving any more.

I do get the Redford's newsletter in the mail, and if there is anything really cool coming, I might be able to get a group to come up there.

[Ian John]

I used to go often....but with our "chain" of home theatres here in Toledo, we keep busy with our own shows....plus at $3 a gallon for gas, I don't do a lot of out of town driving any more.


Evan, if you lived here in the UK you would sell your car and WALK everywhere, we are paying £5 for a gallon of petrol = ($9.40). Go figure.:D

That's one of the reasons why International Postage rates are so high to send a 16mm Feature from here in the UK to you guys over the pond in the US. So, next time anyone considers buying a film from a UK seller, and thinks they are being ripped off for postage, a big part of that cost reflects the price of fuel (gas) in this country.


Ian. UK.

[David Brooks]

Yes Ian, the price of gas in Europe as been much more expensive than in the US. When I was working in Europe (1960s), the price of gas was about 4 to 5 times more costly than in the US. The US Government provided coupons to give Americans associated with the Government to buy the gas at about the same as the US prices.

One of the cheapest places to buy gas now days is in Venezuela where the price of a gallon gas costs about $0.11!

[James Wheeler]

So helping us take over arab countries for oil doesn't seem to be helping our friends in England very much. I drive all over Michigan and will soon be driving all over the adjoining states for my kids hockey so I feel the pain.

[Steven Sigel]

Evan, if you lived here in the UK you would sell your car and WALK everywhere, we are paying £5 for a gallon of petrol = ($9.40). Go figure.:D

That's one of the reasons why International Postage rates are so high to send a 16mm Feature from here in the UK to you guys over the pond in the US. So, next time anyone considers buying a film from a UK seller, and thinks they are being ripped off for postage, a big part of that cost reflects the price of fuel (gas) in this country.


Ian. UK.

Actually - unless the UK price has gone up in the last few weeks, it's more like £4 per US gallon. (Ian -- a gallon in the USA is roughly 4 litres (64oz) while a gallon in the UK is roughly 5 litres (80oz)... Some deal with pints -- in the US, a pint is 16oz, in the UK, it's 20oz...)...

[Thomas Stathes]

It's around $3.30 a gallon here right now. I don't plan on driving for quite awhile!

[Richard Haines]

My understanding is the price of oil is fixed by the marketplace. The cost difference from state to state and town to town is due to the hidden taxes that are added to the price at the pump. Depending on where you live depends on the cost. Talk to your representatives to lower the gas taxes if you want to pay less at the pump. You're probably wondering where all that gas tax money is going but you'll have to hire Tom Hanks to decipher your local tax code.

[David Brooks]

It seems that the price of gas is driven by a number of factors. The price of a barrel of oil costs are set by the oil producers. That is the largest current driving factor as the demand for oil world wide has never been higher. Why they charge that amount per gallon is what the market will bear - to a point.

Taxes are only a percentage attached to the price. While no one likes taxes, they are not what is causing the high prices.

The price of gas is set by the oil companies and distributors. I have been told by some gas service station people that the oil/gas companies do change the prices based on fairly arbitrary reasons at times. Not only do that do it, they cooperate with each oil/gas companies. This has been challenged but so far, it has not been stopped in terms of anti-trust. Sometimes prices are changed two and three times a day at one station. Does not make sense, but it is what is happening.

[Jeff Sumberg]

The price of a barrel of oil is set by the TRADERS who constantly jack the price up for their profit gouging. It is not set by the oil producers. They sit back, let the "market" set their price, and laugh all the way to the bank.

The final price of gas appears to be set by the station itself, especially when the same brand of gas can have a 20 cent per gallon difference at two stations only a mile apart.

[Richard Haines]

And yet some representatives are lowering the hidden taxes to reduce the burden in some areas.

[Jeff Sumberg]

And yet some representatives are lowering the hidden taxes to reduce the burden in some areas.
Like 10 cents/gallon is going to make any difference...

Especially when the price will go up 10 cents/gallon next week and completely offset the "saving".

What's needed is for the price to go back down by $1/gallon. For the traders to stop raising the per barrel price every time somebody sneezes or has a false panic attack. The oil traders seem to be driven by this "fear" that their supply will suddenly vanish, overnight. They keep jacking the price up and up and up. The problem is the "free market" setting of prices by the traders. They are the real problem.

[James Wheeler]

I read that we are at peak oil, which means that the planet is producing the most oil that I will ever produce and production will only go down in the future. Now add to that an increase in demand with countries like China pumping out cars faster then they pump out babies and we have a big problem. Five years ago I moved and now drive an hour each way so right about the time that I'm ready to retire we will come up with a cheaper way to travel.

[Jeff Sumberg]

I'm still hearing we are not yet at "peak oil" but close. Perhaps not in my lifetime, but certainly my daughters. Either way, I agree with you, the situation is bad.

[Mitchell Dvoskin]

I have been working on a matter transporter, fortunately flies keep getting in the chamber.

-Mitchell :)

[Jeff Sumberg]

My point exactly:

June 5 (Bloomberg) -- Crude oil rose to the highest in three weeks after Iran's supreme leader said the U.S. risked disrupting oil shipments from the Persian Gulf region.

``We're up because there's increased concern about the nuclear standoff with Iran,'' said Tim Evans, an energy analyst at Citigroup Global Markets Inc. in New York. ``Iran might curb exports, attack tankers in the Strait of Hormuz or cause other trouble if the U.S. were to take further action.''


Crude oil for July delivery rose 82 cents, or 1.1 percent, to $73.15 a barrel at 1:40 p.m. on the New York Mercantile Exchange.

Does anyone beside Tim Evans actually beleive this statement? Do they seriously believe oil will just "dry up" because one religious zealot makes an empty threat? Who profits here? You? No, the oil indistry using FUD to jack prices up yet again.:mad:

Did I hear you sneeze?
Gesundheit

[Richard Haines]

Well we could drill our own oil but the environmentalists won't let us.
I don't recall electing them to any position of authority that would
allow them to influence these decisions but it would appear both
major parties are afraid of them so we're handcuffed from being energy
independent and thus will have to let international overseas markets
control this aspect of our economy. Even if we did start drilling off
shore or expand our capabilities in Alaska it would be a long term
remedy.

[Evan Chase]

I agree with Jeff 100%!! Years ago the marketplace wasn't driven by the amount of greed it is now. These traders could care less what the price of gasoline is or how much it hurts us personally or nationally!

The oil companies are not innocent either---their quarterly profits are astronomical--they don't have to charge so much for their products. They could still make great profits and not rob us of our limited incomes!

It seems the common denominator here is MULTINATIONAL CORPORATIONS, whether oil or the gas-guzzling car manufacturers.

And politically, the corrupt government we have now has refused since 2000 to come up with and enforce "CAFE" standards. American cars and trucks should be getting 40 miles per gallon with today's technology. But--due to the pressure those companies exert on Washington, until now they have refused to spend the money for engineering fuel efficent cars. After all, most of the large corporate givers have contributed millions to our Republican leaders' election funds.

So--the wealthy corporations and individuals thrive--and the rest of us help them thrive.

[Richard Haines]

The large corporations give large contributions to the Democrats too. Both parties are on the take regarding "Soft Money". Hey, someone ought to make
a movie about that...

[Linda Haluska]

The large corporations give large contributions to the Democrats too. Both parties are on the take regarding "Soft Money". Hey, someone ought to make
a movie about that...

Ha ha good one, Rich!:D
Gas is up and down every week where I live. The lowest price this week is $2.85.