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Old 02-22-2012, 05:24 PM   #2437
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An elderly gent I know was telling me that in the fuel rationing during WWII he put gasoline in one side of his Harley's fuel tank and kerosene in the other side. He'd start the bike on gas and switch over to kero when on the road. He'd switch back to gas before shutting off the bike. He said the bike ran like crap on kero but it got you where you were going without burning scarce gas. I'm sure anyone with a WWII-era Harley could do the same if gas prices get too high

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Old 02-22-2012, 05:40 PM   #2438
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We are just spoiled. Virtually every country in the world pays and has paid more for gas than we ever have. Ask any Canadian what they think of our gas prices. When I worked in Canada we would drive from Vancouver BC across the border to buy gas in Blain WA. I'm not sure if this still goes on today.
I think we'd better get use to it because countries like China and India will be increasing their demand for fuel. As long as they are willing and able to pay the price it will stay high. Oh it might vary up and down some, but the days of $3.00 a gallon gas will soon be history.
Ask yourself this question. If you were in the business of selling any commodity like wheat, corn, lumber, or OIL. Would you sell it for a below market price. What about those who have retirement plans that include stock in these and other items. Wouldn't you want the company to maximize profits so your retirement plan would be worth more.
I don't own any oil stock, never have in full disclosure.
I don't like paying the higher prices any more than others do. I am a farmer and spend lot of money on fuel every year. But I also realize that the days of Chevron competing with Texaco down the street are gone because of the global economy and market.

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Old 02-22-2012, 05:41 PM   #2439
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Have you priced a gallon of Kerosene? It's more than double the price of Diesel.
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Old 02-22-2012, 06:29 PM   #2440
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Random locations for regular grade gas and crude prices for the past month:
Draw your own conclusions, I don't see the math for the sudden increase
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Old 02-22-2012, 10:22 PM   #2441
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Speculation. Or just good old fashion free market gouging.

Florida Drivers Shelling Out Nearly $6 A Gallon At Some Gas Stations CBS Tampa
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Old 02-23-2012, 02:35 AM   #2442
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We had our local station wait at least 5 shipments before they finally lowered their prices. We literally hit a full buck a gallon more then Reno (110 miles away). Normally we're about .50 cents more then Reno.

If anyone rolls through Reno on 80. Best prices are usually on USA parkway at Golden Gate fuel( about 20 minutes east of Reno). Next best if the Love's in Fernley right off of 80 (half hour east of Reno). Those are always cheaper then Reno.

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They will tell you they have to raise prices to pay for the next shipment. Little or no profit is made on gas. It is the convenience store where the money is made. Right now in this part of the country we are paying about the same price as wholesale gas is going for. That means the gas station loses money on all the stuff they need to run the gas operation.

I know some stations will screw you if they can get away with it, and that every station in a town will have the same price. But the problem is all through the systemspeculators who cash in on world events even though the actual costs of crude oil can be pretty low, the OPEC cartel, the giant oil companies who get subsidies, make enormous profits and get away with it are all part of it. Taxes are not a big part of the price and pay (in part) for the roads we use to get to the gas station. The guy who owns or leases a gas station is often as much a victim as we are.

Gene
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Old 02-23-2012, 01:22 PM   #2443
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Let's not forget that the auto companies are sitting on a carburater that gets 90 Mpg.
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Old 02-23-2012, 05:06 PM   #2444
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Speaking of urban legends, there's always the Fuel Doctor!

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Old 02-23-2012, 05:08 PM   #2445
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$3.65 for regular in Tampa... and rising! My Landyacht may be landlocked soon!
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Old 02-24-2012, 01:47 PM   #2446
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The photo below is located at a Valero station here in Monterey, Ca. that I've been buying fuel at for more than 15 years. For the past 20 months, the cost of diesel has been consistently .45-.47 cents higher than regular unleaded. The margin between them is shrinking. BTW diesel hasn't been under $4.00 here for a very long time, which I burn my share of it.
I'm not feeling the pinch of the increase as much as the gasser group, but does make for conservative driving.
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Old 02-24-2012, 09:42 PM   #2447
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Hi, I usually buy my Premium fuel at the local Shell station, but lately the local Unocal "76" station was $.04 cheaper. [only two blocks farther away] Not that I really can't afford it, but the Lincoln mostly sits and we take my wife's BMW X-3 when ever we go anywhere together. The BMW gets about twice the gas mileage of the Lincoln. I also have a motor scooter and rarely use it. All three vehicles take Premium fuel. I bought a new bicycle to ride now; It's not because of the cost of fuel, but more likely because of the extra weight that I acquired for several legitimate excuses.
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Old 02-25-2012, 02:46 AM   #2448
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Regular unleaded $4.29 9/10 a gallon today at the gas station near our home. We gassed up four days ago in San Leandro and regular was $3.93 9/10 a gallon.
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Old 02-25-2012, 03:55 AM   #2449
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I heard an interview with the guy from Gasbuddy.com who said that whatever gas prices were in mid January , you should add at least .80 to that by summer. That means 4.50 - 5.00. Prices that high will really affect the economy. It will certainly affect where we go camping this year.
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Old 02-26-2012, 08:47 AM   #2450
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Gas in Grand Junction yesterday was $3.06-3.09 at the cheapest stations. With a 10 discount, we paid $2.99. Since food prices keep going up, we get the gas discount quicker, a dubious benefit.

Wholesale gas Friday was $3.15 on the NYC fuel market.

Come to the Rockies for cheaper gas.

Gene

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