1006
Champion Author
Birmingham
Posts:1,105
Points:1,354,315
Joined:Apr 2008
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Message Posted: Feb 5, 2012 6:52:13 PM
moving on up
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1006
Champion Author
Birmingham
Posts:1,105
Points:1,354,315
Joined:Apr 2008
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Message Posted: Feb 3, 2012 9:10:26 PM
have to agree with you smoke
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123cowboy
Champion Author
Maine
Posts:1,833
Points:403,570
Joined:Mar 2011
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Message Posted: Feb 2, 2012 7:01:58 PM
more smoke and mirrors...
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tomok
Champion Author
Portland
Posts:32,995
Points:2,345,510
Joined:Aug 2006
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Message Posted: Feb 2, 2012 4:05:43 AM
Crude oil inventories increased, Gasoline inventories increased, Distillate inventories decreased and Refinery utilization fell. Total oil stocks in the US are down. ‘Almost’ the same as last week.
STOP Big oil from selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump.
Produce and ‘drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
12/22/2012!
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TIGERPAW46
Champion Author
Florida
Posts:7,126
Points:1,355,680
Joined:Mar 2004
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Message Posted: Feb 2, 2012 1:40:31 AM
The Only way to better stabilize petroleum prices is to stop or control Speculation on Commodities Futures. Washington knows this but refuses to insist that it be done. The other way is to regulate Exportation to keep prices lower in the USA. Many other nations have no problem doing this via laws or Export Taxes.
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NOTSOGRN
Champion Author
Michigan
Posts:2,056
Points:1,511,190
Joined:Dec 2007
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Message Posted: Feb 2, 2012 1:25:58 AM
.
.
If one's demand was down & could find another buyer would you do that...exporting keeps it running.
.
If it meant keeping the business producing @ least till demand pick backup or shutting the door...
.
The doors have been shut the demand returns now not enough producers...gee what happen to the good old day's when gas was 3.41...
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GryphonX
Champion Author
Nevada
Posts:6,100
Points:1,587,350
Joined:Nov 2007
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Message Posted: Feb 2, 2012 1:20:47 AM
Then WHY are prices climbing ...?
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Focus2
Champion Author
Illinois
Posts:7,889
Points:1,919,030
Joined:Mar 2006
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Message Posted: Feb 2, 2012 1:11:44 AM
Amazing how hard refineries can work when they get to charge what they want and double their exports of fuel to other countries!
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NOTSOGRN
Champion Author
Michigan
Posts:2,056
Points:1,511,190
Joined:Dec 2007
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Message Posted: Feb 2, 2012 1:10:31 AM
.
.
Who's really making the money. ExxonMobil’s earnings: The real story you won’t hear in Washington First 1/4 2011 ____ Total Expenses $77.1 billion ___ Earnings $10.7 billion __ The Gov's take $ 26.2 billion ... That's more than double what ExxonMobil made. .
.
ExxonMobil’s earnings: The real story you won’t hear in Washington
[Edited by: NOTSOGRN at 2/2/2012 1:12:20 AM EST]
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Zonk
Champion Author
Michigan
Posts:6,481
Points:2,102,015
Joined:Oct 2005
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Message Posted: Feb 2, 2012 1:06:51 AM
Small changes in inventory, generally have little effect on pump prices.
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Bill100
Champion Author
Grand Rapids
Posts:41,482
Points:1,161,870
Joined:Jan 2010
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Message Posted: Feb 2, 2012 12:58:58 AM
Good news. Not that it really matters, though.
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bobdec
Champion Author
Miami
Posts:8,959
Points:1,768,845
Joined:May 2008
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Message Posted: Feb 2, 2012 12:54:50 AM
SO, why are prices still going up
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nomad228
Champion Author
Columbus
Posts:3,117
Points:575,140
Joined:Feb 2011
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Message Posted: Feb 2, 2012 12:53:44 AM
still needs to be ten times that.
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CarolinaBlue150
Champion Author
North Carolina
Posts:1,430
Points:300,000
Joined:Aug 2011
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Message Posted: Feb 2, 2012 12:52:52 AM
and so are prices. Makes no sense.
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defiancegasman
Champion Author
Ohio
Posts:7,080
Points:1,323,260
Joined:May 2006
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Message Posted: Feb 2, 2012 12:52:45 AM
But BIG OIL still gets away with PRICE GOUGING us. Add to that all the RECORD PROFITS they are making during a US and WORLD RECESSION.
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AnObserver
Champion Author
New Jersey
Posts:8,354
Points:2,257,780
Joined:Sep 2005
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Message Posted: Feb 2, 2012 12:52:38 AM
That's what happens when proces get too high and people stop buying
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heartbroken2010
Champion Author
Ottawa
Posts:4,344
Points:897,235
Joined:Aug 2010
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Message Posted: Feb 2, 2012 12:48:39 AM
ok then , lower the prices for a bit , give us a little mercy.
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RAKARWOWSKI
Champion Author
Chicago
Posts:3,995
Points:820,050
Joined:Jan 2011
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Message Posted: Feb 2, 2012 12:48:07 AM
So what! Big oil will still screw us in the end.
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Double_Golden
Champion Author
San Francisco
Posts:2,560
Points:604,635
Joined:Aug 2011
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Message Posted: Feb 2, 2012 12:47:54 AM
good
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pgerassi
Champion Author
Milwaukee
Posts:10,896
Points:2,131,605
Joined:Apr 2007
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Message Posted: Feb 2, 2012 12:46:37 AM
Demand is down and so should prices be.
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Rageagainsttm
Champion Author
Tampa
Posts:8,298
Points:1,902,005
Joined:Jul 2007
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Message Posted: Feb 2, 2012 12:40:14 AM
sure
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goldrose1
Champion Author
Cleveland
Posts:10,936
Points:1,924,605
Joined:Feb 2005
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Message Posted: Feb 2, 2012 12:36:20 AM
Small businesses can't afford fuel costs.
Won't be solid new jobs this way.
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regout
Champion Author
Quebec
Posts:2,950
Points:831,730
Joined:May 2010
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Message Posted: Feb 2, 2012 12:35:37 AM
Prices stays high.
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chuckwthompson
Champion Author
Charlotte
Posts:3,755
Points:577,185
Joined:Sep 2011
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Message Posted: Feb 2, 2012 12:28:05 AM
Inventories up? Don't worry, big oil will sell off our reserves just so we can buy them back at a large increase in price.
What is wrong with the oil companies? GREED We need to regulate these greedy b**tards!
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judgemobile
Champion Author
Ohio
Posts:7,570
Points:2,445,135
Joined:Nov 2005
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Message Posted: Feb 2, 2012 12:26:44 AM
If inventories are WAY UP, why is Gas Buddy sending out BIG price hike warnings ???
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BWJM
Champion Author
KW
Posts:1,113
Points:303,780
Joined:Oct 2011
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Message Posted: Feb 2, 2012 12:23:24 AM
ok
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leraar2
Champion Author
Massachusetts
Posts:3,759
Points:786,705
Joined:Mar 2011
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Message Posted: Feb 2, 2012 12:22:11 AM
we don't need to drill more as much as build new, publicly owned, refineries to keep the gougers in line.
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jkpsr
Champion Author
New Jersey
Posts:4,079
Points:1,101,905
Joined:Jun 2005
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Message Posted: Feb 2, 2012 12:21:21 AM
Maybe the Obama Administration should take another look at selling the SPR, at least to ourselves.
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Colts13
Champion Author
Indiana
Posts:1,571
Points:548,285
Joined:Mar 2011
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Message Posted: Feb 2, 2012 12:20:58 AM
ok
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Ahking
Champion Author
Orange County
Posts:3,507
Points:603,450
Joined:May 2011
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Message Posted: Feb 2, 2012 12:19:25 AM
let's take a longer look & see if this trend continues.
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TXRanger09
Champion Author
Dallas
Posts:2,506
Points:891,175
Joined:May 2009
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Message Posted: Feb 2, 2012 12:19:19 AM
Oh sure. Export of gasoline is greater than import. Hope our trade deficit reflects this.
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Rooster922
Champion Author
Wilmington
Posts:3,788
Points:656,070
Joined:Jan 2009
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Message Posted: Feb 2, 2012 12:18:55 AM
I don't need that information, regardless, the price of gas has a mind of its own.
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bikechuck
Champion Author
Indianapolis
Posts:7,006
Points:2,062,145
Joined:Apr 2006
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Message Posted: Feb 2, 2012 12:18:43 AM
As prices go up, inventories also seem to go up.
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Blue_Cruzer
Champion Author
Lexington
Posts:7,515
Points:1,668,610
Joined:Mar 2007
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Message Posted: Feb 2, 2012 12:17:48 AM
So what is causing all the turmoil in price of gas?
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Matt G
Champion Author
Boston
Posts:4,528
Points:2,772,065
Joined:Jun 2004
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Message Posted: Feb 2, 2012 12:17:15 AM
Prices still rising
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GasholeMI
Champion Author
Lansing
Posts:10,134
Points:1,717,315
Joined:Jul 2008
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Message Posted: Feb 2, 2012 12:16:29 AM
Let the cup runneth over.
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joel27nc
Champion Author
Raleigh
Posts:10,532
Points:1,857,395
Joined:Mar 2008
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Message Posted: Feb 2, 2012 12:15:54 AM
Blah, Blah, Blah. Bring the prices down.
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frostyWV
Champion Author
West Virginia
Posts:2,339
Points:519,235
Joined:May 2011
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Message Posted: Feb 2, 2012 12:15:31 AM
ok
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NO_SWEAT
Champion Author
Toronto
Posts:4,340
Points:1,078,340
Joined:Jul 2008
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Message Posted: Feb 2, 2012 12:15:16 AM
So why haven't price fallen?
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twiper1
Champion Author
San Diego
Posts:7,827
Points:1,605,085
Joined:Oct 2008
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Message Posted: Feb 2, 2012 12:14:17 AM
And so are prices
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carpenter4u
Champion Author
Virginia
Posts:2,436
Points:615,645
Joined:Jul 2011
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Message Posted: Feb 2, 2012 12:12:57 AM
So why the big increase in prices
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rawdog1313
Champion Author
Lexington
Posts:3,299
Points:1,642,805
Joined:May 2008
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Message Posted: Feb 2, 2012 12:12:51 AM
Gas prices are driven by non regulated Oil Speculation......
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Buddy2264
Champion Author
Tampa
Posts:11,654
Points:2,359,970
Joined:Oct 2005
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Message Posted: Feb 2, 2012 12:12:13 AM
It is all about profit now, not supply and demand.
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cloud23465
Champion Author
Virginia Beach
Posts:8,304
Points:1,616,300
Joined:Aug 2008
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Message Posted: Feb 2, 2012 12:12:06 AM
Yet were still getting screwed at the pumps... every day, more and more.
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herndonks
Champion Author
Baltimore
Posts:1,116
Points:211,685
Joined:Dec 2011
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Message Posted: Feb 2, 2012 12:10:53 AM
Then there is no real economic reason for high gas pyices, other than fear and greed.
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tedjm1
Champion Author
New York
Posts:5,609
Points:800,300
Joined:Dec 2006
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Message Posted: Feb 2, 2012 12:10:38 AM
Never mind this, explain price increses which makes sense. My take is they want greater profits. Period....
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JENNYHK
Champion Author
Chicago
Posts:3,636
Points:712,570
Joined:Apr 2011
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Message Posted: Feb 2, 2012 12:08:30 AM
More statistics
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biza4u
Champion Author
New Haven
Posts:8,518
Points:1,626,925
Joined:Jan 2007
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Message Posted: Feb 2, 2012 12:08:09 AM
And so are the prices
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1cheapgasin
Champion Author
Indianapolis
Posts:5,559
Points:1,209,740
Joined:Jul 2009
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Message Posted: Feb 2, 2012 12:04:35 AM
.
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SUSANCK
Champion Author
Chicago
Posts:3,637
Points:707,480
Joined:Apr 2011
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Message Posted: Feb 2, 2012 12:00:34 AM
Speculators set the price
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