Gas

[Incognito]

I'm thinking it might have been a waste product before the gas engine was developed. I dunno, might have to do some research on it. Waste, by product...same thing.

*******************************

Because of my trading and investing in energy companies I've done some research. Waste actually costs money to dispose of in most places around the world.

Gasoline isn't anywheres on earth a waste product the way natural gas was once actually a waste product that had to be burned off at the wellheads when they drilled for oil. In those days they had neither the need for the natural gas nor the infrastructure to deliver it. So it WAS by all means a waste product from those operations. Things change.

It's abundance as a byproduct from Europe's diesel refining along with tough environment and real estate limits on East Coast refineries explains why it's imported to that region as opposed to expanding domestic refiners, building new ones or piping or shipping it from our Gulf of Mexico facilities.

This is all just logistics, supply and demand and some elementary science principles that MOST people don't bother learning. It's not all that complex to grasp the basics. So it seems it's almost a willful ignorance on the part of the public or perhaps willful neglect in our public education. This makes our citizens TARGETS for idiotic propaganda.......sitting ducks you might say.

This whole concept of one man one vote can't work if people refuse to read a F'n book and depend on TV/internet BS for their opinions.

 

[Floorist]

Gas jumped to $3.59 today. It was $3.39 this morning.

 

[Nick]

I bought the janitor in the drum Vaseline last week .

 

[DarisMulkin]

Drpped to 3.65 yesterday afternoon. Went to 3.95 today. Is that F,ing with you or what?

Daris

 

[Floorist]

Yep, I think they are just F'ing with us.

 

[Incognito]

Yep, I think they are just F'ing with us.

Hey rusty, can you exactly fill me in on who "they" are?

I bought stock and bonds in energy companies to put my kids through school and eventually retire on. Any pension fund you can think of is going to be HEAVILY invested in energy, financials, defense contractors--------the Military Industrial Complex.

That's every public and private pension fund, mutual fund, insurance company, bank, broker, local credit union.............


"They" are Us from where I sit.

You may not be one of "Us" but where that's true you are well outside the mainstream American public and even farther removed from those who actually VOTE.

"We" never miss a chance to vote.

I'm not coming down here on right and wrong or trying to justify any moral aspect of this political fact. I just calls 'em as I sees 'em.

 

[Floorist]

The speculators run up the oil prices. Bidding on futures.

 

[Floorist]

U.S. gas prices have hit a four-month high with 32 straight days of increases at the pump bringing misery to spring breakers and job hunters.

The Automobile Association of America said Monday that the national average for a gallon of regular is $3.73 -- 43 cents more than a month ago -- with prices topping $4 in California and Hawaii.

"It's become the perfect storm," AAA spokeswoman Nancy White said.

White and other experts blamed a series of factors for the uptick that started in mid-January:

-- Some refineries are switching over from winter to summer fuel, which is more expensive to produce.

-- A Hess refinery in New Jersey that supplies 7.5 percent of the Northeast's gas is closing.






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-- Midwinter maintenance has led some refineries to go offline temporarily.

-- Demand for gas is up, fueled in part by the return of more people to working.

The price hikes come at a bad time, however, for Americans who are still out of work or facing smaller paychecks because of higher payroll taxes.

"Try the bad gas prices while trying to find a job," one unemployed driver vented on the Facebook page for GasBuddy.com, which tracks fuel prices around the nation.




Patrick DeHaan, an analyst with the website, said many cities have seen increases of 8 cents to 20 cents in just the past week. "This is what we usually see in late winter, early spring, but prices have started to rally two months earlier than usual," he said.

He said his firm's unscientific user surveys suggest that the pinch at the pump could lead to less travel over spring break in March and April and changes in plans for Memorial Day and even the summer.

"There are people predicting that it will go over $5 a gallon," DeHaan said. "I don't believe that's possible, but it shows how concerned motorists are."

On the Facebook page, many posters were worried that the rise in gas prices could cause an economic meltdown.

"When you raise prices on gas people will stop spending money because they need to get back and forth to work and pay their bills each month," one wrote.

"If it's this high right now, imagine what it's gonna be here in a few months!" another fretted.

White of AAA said that based on historical trends, prices will likely continue to rise into the warmer months and driving season, but not at the same pace they did in 2011 and 2012, when developments in Libya and Iran caused big spikes.

"That is not so much part of the picture right now," she said. "But that could change should something else happen overseas."