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Old 05-14-2008, 01:39 PM   #1
Janet
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This morning we are at $3.95

I remember my dad getting mad when it went up to 26 cents.
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Old 05-15-2008, 03:40 AM   #2
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Quote:
Originally Posted by Janet View Post
This morning we are at $3.95

I remember my dad getting mad when it went up to 26 cents.
Wow, Janet!!! Yesterday, I saw Shell at $3.71. I waited until I got to Corpus Christi to fill up because it's usually about 10 cents lower at the Valero stations near the Valero Refinery. Well, not this time. I paid $3.699.

Hubby talked with a guy who works off shore reading oil pressures and the pressures are really high right now on the platforms which means there is lots of oil in the Gulf. Lots of oil, no problems at the refineries right now, lots of supply, lots of demand. I don't understand why prices are going up so much. They are saying the Sauds are raising them. Why do we have to follow suit when we have lots of oil right here???? and can make it into our own gasoline!?
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Old 05-15-2008, 06:45 PM   #3
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Hi Marilyn,
Part of the problem is that U.S. are refineries are not up to speed - there hasn't been a new one built since the 1970's and the ones we have are old and antiquated. I'm not sure why they have been allowed to go downhill. It means though, that even if we step up oil extraction in the U.S., we can't refine enough to make much difference.

Another thing contributing to the high price of oil is the weak dollar - so we have to pay more dollars for the same amount of imported oil - even if they weren't raising the prices - which of course they are - but the weak dollar means we are paying more of them for oil. The weak dollar is tied to the national debt, which is quite high now.

I've been told that commodity trading of oil on the stock market has created a "middle man" is also contributing to the rise in gas prices. I don't understand that one though, maybe someone can explain it to me.
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Old 05-15-2008, 07:00 PM   #4
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I filled up my car today. I drive a cavalier which has pretty good gas mileage and a pretty small gas tank. It wasn't even empty and it cost me $63. That's pretty insane! This weekend is a long weekend here too so I'm sure gas prices will be hiked even more tomorrow. I need to start walking places. I didn't put plates on my bike today because I would have had to drive to the other side of the city for the one place that is open late hours. It's just not worth the gas!
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Old 05-15-2008, 08:21 PM   #5
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I filled up today for $3.89 a gallon and was happy to see that.

Sadly I can still remember the gas wars from years ago..

The cost of living has skyrocked and wages do not (at least mine, where I work last October they put a freeze on our wages, will not increase to show cost of living ever) compensate for the rise, yet I feel fortunate to still have a job.

When will the Government step up to the plate and say enough is enough??
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Old 05-16-2008, 02:12 AM   #6
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I really believe if our gov't wanted to do something, they would have done it. We might as well face it...things are going to get more tough than they've ever been.

Rich will get richer, poor will get poorer and then civil and race wars will break out. It's not going to get even a little bit better. So much crime between the have's and have nots. Wish there was something that could be done, but it's not to be......JMO
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Old 05-16-2008, 03:54 AM   #7
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Okay, don't blast me here.....but I'm going to say this, and this comes from a former Republican. This is what we get for electing Republicans. We were bullied into it because the Democratic party stands for gay rights and pro-choice which many of us are opposed to. This caused many people to vote Republican. It is the MORAL thing to do.

However, along with the package comes a preference for rewarding big business and special interests at the general public's expense. Democrats are more for the working people and we "normal" folks lived better under their leadership.

We need another party. A moral party that is for the people. I'm an independant at heart now with Democratic leanings who is prolife. We each make our own moral choices whether things are legal or not. People shouldn't use laws to determine right from wrong. Hope I'm making my point.

Somethings got to change!!!
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