[STE92VE]

Originally Posted by Scarecrows25

Did you steal my post?

http://www.e90post.com/forums/showpo...1&postcount=22

My apologies....Kudos to you!....

[Scarecrows25]

Originally Posted by STE92VE

My apologies....Kudos to you!....

No worries. They say imitation is the highest form of flattery

[JackMac]

Originally Posted by STE92VE

Last month when this graph only went up to $110/barrel, I said oil couldn't go any higher.

Well, now the graph indicates that oil can't go any higher than $120/barrel.

Shhhhhh - you're killing my plans for an M3! I'll end up with a 120d by next year.

[HyperM3]

Originally Posted by JackMac

Shhhhhh - you're killing my plans for an M3! I'll end up with a 120d by next year.

You havent been keeping up with the price of diesel apparently. Makes gas look affordable.

[STE92VE]

Originally Posted by HyperM3

You havent been keeping up with the price of diesel apparently. Makes gas look affordable.

Now that you mention it, I wouldn't be surprised if BMWNA raises the destination charge again...

[Kiemyster]

i love my government. yeah, sure, they may be a bunch of corrupt fucks, who most probably traffic large amounts of drugs. but hey, at least they have a policy that states gasoline is tax free for us

mmm..... these days, i pay 1.60 US for premium gasoline (oct rating 96 i think?). regular goes for 1.05 US.

ill be enjoying my E90 for alot longer

[STE92VE]

Originally Posted by Kiemyster

i love my government. yeah, sure, they may be a bunch of corrupt fu*ks, who most probably traffic large amounts of drugs.

Isn't that how every gov't operates....

[npb]

remember what the los angeles area used to look like?



yep, we used it all up.

[Kiemyster]

Originally Posted by STE92VE

Isn't that how every gov't operates....

shit. thats a good point. but our govt doesnt do a good job at concealing it. ahahaha our Prime Minister is buying a 200 million dollar jet or some shit like that. way to be "inconspicuous".

[De90man]

Originally Posted by SantaClawz

feeel bad for those JBX guys running 100 octane, i saw that shit at 7 dollars a gallon!!!!!!

I run my JBX on 91 (not recommended, but not a problem)

[De90man]

Originally Posted by svtfast

This is why I support kicking arab ass for trying to rape us. They think that since they supply most of worlds oil they can set what ever price they want too. I am willing to deploy to kick thier asses so that we can all get oil at NORMAL prices, not some arab inflated BS.

Dude, the 'arab ass kicking' is running up gas prices. Borrowing money from foreign countries (including Saudi Arabia) to pay for wars is not only driving our dollar down (interest on war borrowing), but it's also making American companies cheap.

"For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing."-NY Times Jan 2008

And, if the Saudis have a trillion dollars invested in the US, AND we owe them money for war spending, AND they own the oil fields, what leverage do we have to negotiate oil prices?!

[DFW_M]

Originally Posted by darkphantom

lol, we can actually come up with a reliable and efficient alternative fuel source if the U.S. Military stopped spending for a week.....oh wait, then how would the few top Pentagon officials buy their multi-million dollar mansions in different parts of the world? dratz.

So simple...no Bush supporter will ever understand....

[E90330iS]

oh noes

[Neema]

Originally Posted by svtfast

This is why I support kicking arab ass for trying to rape us. They think that since they supply most of worlds oil they can set what ever price they want too. I am willing to deploy to kick thier asses so that we can all get oil at NORMAL prices, not some arab inflated BS.

Originally Posted by scollins

The price of a barrel of oil has far more to do with the futures market lately (and investors looking for big bucks) and less about practices from things like OPEC and that fucking loose-screw in Venezuela.

I also love those that want the government to "do something about oil prices." Hello, welcome to the free market!! Yeah, we need price controls set by the government on gas, milk, cheese, bread etc. Might as well let the government dictate everything we do.

Just like Clinton's hairbrained scheme to tax "windfall" profits, specifically aimed at oil companies. Yes, oil companies make a ton of money, but not because they have such high margins! They sell A LOT of product ($361 Billion in Revenue for Exxon in 2007) and made EBITDA of $73 Billion. That is a 20% margin. Net Income was $41 Billion, which means a net margin percentage of 11.4%. That really isn't a very high margin for a business to survive on.

Microsoft on the other hand had Revenue of $59 Billion with EBITDA of $25 Billion, for a margin of 42.4%. Net Income was $17 Billion, or a net margin of 28.8%, 2.5 times greater than Exxon's net margin.

So which is the bigger profiteer? I'd say Microsoft, as their net margin is damn near 30%.

Actually, the government is to blame for a good portion of the fuel price situation. Refineries aren't creating new capacity because the government is demanding increased fuel economy standards. That means we'll need less gas as time goes on. The refineries look at their capacity, look at future demand trends and see excess capacity in the future. That excess will hit before they could bring a new refinery on line to help the situation right now. So they don't invest in their infrastructure or add new refining capacity. Thus, fuel prices stay higher. Double edge sword...

But in any case, the price of gas sucks. Well, tough shit. We are in this predicament, not because of Bush or OPEC or China or anything else, but because we as consumers act like it doesn't matter what the price is. Generally, when prices go up, demand goes down. But not so much with gasoline. Prices go up and demand stays up, until we reach a certain, and seemingly very high, pain threshold.

Gasoline demand in the US has been flat for the past 5 years, not really increasing or decreasing. But over those 5 years, the cost of gasoline has over doubled. And yet, demand stayed the same. Finally, demand for gasoline has shown a small decline, probably driven by the fact that gas is at or near $4/gallon. Get used to it, because it will probably never get below $3.25 a gallon, ever, no matter what the price of crude goes to....

Originally Posted by AndrewAZ

X2.. But you forgot to add in about how taxes play a large large part in the price of gas.. The oil companies have to pay 40% tax which they pass down to consumers, the companies in all other countries pay 26% tax or less, so right off the bat American companies are at a disadvantage.

Plus at the pump you pay tax not only on your income, but you pay your states taxes which in some places is over 60 cents a gallon if I recall right the average is 5X cents a gallon.

So to lower gas prices congress can get its head out of the sand and first off drop all corporate taxes down to competitive levels for the rest of the world. At the end of the day the corporation does not pay the tax they pass it onto the consumer, just like how other companies pass down the costs of gas.

Second we need to fix our tax system.. Its a mess.

Originally Posted by De90man

Dude, the 'arab ass kicking' is running up gas prices. Borrowing money from foreign countries (including Saudi Arabia) to pay for wars is not only driving our dollar down (interest on war borrowing), but it's also making American companies cheap.

"For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing."-NY Times Jan 2008

And, if the Saudis have a trillion dollars invested in the US, AND we owe them money for war spending, AND they own the oil fields, what leverage do we have to negotiate oil prices?!

[spanishooligan]

98 here is €1,24 a litre and diesel optima is €1,22 that costs me 65€to fill up a tank but i can get up to 900 km out of it even more if i drive slow.

[bronco]

I am going to virtualize myself and stay at home, work from home, drive from home, I will do everything from home so I dont have to burn expensive gas...

Ohhhh, wait a minute...isnt this what we call PRISON, time in the hole, slammer, j0oint etc....?

This government wants me to be a prisoner in my own house...

I dont really care what they do to help this country...I really dont...

Sh*t, instead of blaming all those mexicans for being illegal, have them go back to Mexico, and only let them back in if they carry 2 barrels of GAS....

16 million illegal mexicans * 2 barrels = to cheaper fuel at the gas station for us

[SfValley335i]

Heres a funny article.... Iran's president talking about gas prices...

http://www.liveleak.com/view?i=cf6_1208789418