Someone explain

I am not an economic genius by any stretch of the imagination, but wouldn't $35/a barrel oil prices lower gas prices?

Why did my gas prices go up 40 cents in the past month?

Because the oil billionaires want to be just a little bit richer. Plus, gas is stupid.

Generally speaking, while the oil is comparably cheap, the demand for gas has been falling for months, and so the capacity for refining gas has been cut. Now that there's a greater demand for gas, prices have risen to recoup losses, and reflect that there's less gas available for purchase.

Damn, I was really enjoying $1.60 a gallon... (

Still $1.67 here, but that is with ethanol blend. I get the premium cuz I get at least a 2-3 mpg boost with it versus ethanol blend and it's worth paying that extra $0.25 a gallon

[quotee386326f87="CollateralIsBack"]Still $1.67 here, but that is with ethanol blend. I get the premium cuz I get at least a 2-3 mpg boost with it versus ethanol blend and it's worth paying that extra $0.25 a gallon[/quotee386326f87]

The only way that could be economical is if your car gets like 8-10 miles per gallon.

[quote1a2b026333="ilanbg"][quote1a2b026333="CollateralIsBack"]Still $1.67 here, but that is with ethanol blend. I get the premium cuz I get at least a 2-3 mpg boost with it versus ethanol blend and it's worth paying that extra $0.25 a gallon[/quote1a2b026333]

The only way that could be economical is if your car gets like 8-10 miles per gallon.[/quote1a2b026333]

Really now? $1.67/20mpg= around $0.0835 a mile. So getting an extra 3 mpg would be 3 li $0.0835 = $0.2505

Thanks )

Plus I sometimes get more mpg with the premium than just 3 mpg.
I went 315 on my last tank of 13 gallons. That is 315/13 That is about 24 mpg which is way better than the 20mpg with ethanol blend. Next time, maybe you should try the math )

the smiley faces remind me of me when i was a wee lad

[quotea02df782ed="CollateralIsBack"][quotea02df782ed="ilanbg"][quotea02df782ed="CollateralIsBack"]Still $1.67 here, but that is with ethanol blend. I get the premium cuz I get at least a 2-3 mpg boost with it versus ethanol blend and it's worth paying that extra $0.25 a gallon[/quotea02df782ed]

The only way that could be economical is if your car gets like 8-10 miles per gallon.[/quotea02df782ed]

Really now? $1.67/20mpg= around $0.0835 a mile. So getting an extra 3 mpg would be 3 li $0.0835 = $0.2505[/quotea02df782ed]
Yet you pretty much proved ilanbg's point. Breaking even isn't exactly considered more economical. You're paying virtually the exact same per mile, so [ia02df782ed]economy[/ia02df782ed] isn't really a valid argument. Now given the same per-mile cost, there might be other factors that make premium the better choice, but then again the opposite may also be true. Some manufacturer's optimize their engines for premium, others for regular octane. If you use the wrong type for your engine, you get less than optimal results. In many cars the manufacturer specifies regular 87 octane and recommends NOT to use premium.

[quote3bcaebacc3="dmorris68"][quote3bcaebacc3="CollateralIsBack"][quote3bcaebacc3="ilanbg"][quote3bcaebacc3="CollateralIsBack"]Still $1.67 here, but that is with ethanol blend. I get the premium cuz I get at least a 2-3 mpg boost with it versus ethanol blend and it's worth paying that extra $0.25 a gallon[/quote3bcaebacc3]

The only way that could be economical is if your car gets like 8-10 miles per gallon.[/quote3bcaebacc3]

Really now? $1.67/20mpg= around $0.0835 a mile. So getting an extra 3 mpg would be 3 li $0.0835 = $0.2505[/quote3bcaebacc3]
Yet you pretty much proved ilanbg's point. Breaking even isn't exactly considered more economical. You're paying virtually the exact same per mile, so [i3bcaebacc3]economy[/i3bcaebacc3] isn't really a valid argument. Now given the same per-mile cost, there might be other factors that make premium the better choice, but then again the opposite may also be true. Some manufacturer's optimize their engines for premium, others for regular octane. If you use the wrong type for your engine, you get less than optimal results. In many cars the manufacturer specifies regular 87 octane and recommends NOT to use premium.[/quote3bcaebacc3]

Ok, you got me oops
But I guess it depends sometimes, sometimes I get 24 or so mpg but that depends on how much is highway, most the time it is.

[quotea60bdb52b9="CollateralIsBack"][quotea60bdb52b9="dmorris68"][quotea60bdb52b9="CollateralIsBack"][quotea60bdb52b9="ilanbg"][quotea60bdb52b9="CollateralIsBack"]Still $1.67 here, but that is with ethanol blend. I get the premium cuz I get at least a 2-3 mpg boost with it versus ethanol blend and it's worth paying that extra $0.25 a gallon[/quotea60bdb52b9]

The only way that could be economical is if your car gets like 8-10 miles per gallon.[/quotea60bdb52b9]

Really now? $1.67/20mpg= around $0.0835 a mile. So getting an extra 3 mpg would be 3 li $0.0835 = $0.2505[/quotea60bdb52b9]
Yet you pretty much proved ilanbg's point. Breaking even isn't exactly considered more economical. You're paying virtually the exact same per mile, so [ia60bdb52b9]economy[/ia60bdb52b9] isn't really a valid argument. Now given the same per-mile cost, there might be other factors that make premium the better choice, but then again the opposite may also be true. Some manufacturer's optimize their engines for premium, others for regular octane. If you use the wrong type for your engine, you get less than optimal results. In many cars the manufacturer specifies regular 87 octane and recommends NOT to use premium.[/quotea60bdb52b9]

Ok, you got me oops
But I guess it depends sometimes, sometimes I get 24 or so mpg but that depends on how much is highway, most the time it is.[/quotea60bdb52b9]

Hows it doin Chase?

Actually, I noticed an increase in my MPG when I bought the mid-grade version of gasoline. The only reason I had bought it is because the station I was at was out of regular and I desperately needed it.

I normally don't purchase it though, because I didn't see enough of an increase to justify constant upgrade of gasoline.

Good how you you buddy )

It is amazing that someone illiterate can still produce so many real words. I am impressed.

Hello collateral. Haven't heard from you in a while. word to your mother

Its 1.75 now in Jersey (

Anybody catch the 60 Minutes (or Dateline?) a few weeks ago about gas prices. I only caught a portion of it, but basically they said there was no logical explanation for the price getting so high except for the idiots on Wall St.

I think the gas price in Jersey is going to hit around 2.00 and stick there for awhile at least that is what my economics teacher said lol

My neighbor said price gouging is illegal, lol.

[quote88cbde28a2="slambam"]Anybody catch the 60 Minutes (or Dateline?) a few weeks ago about gas prices. I only caught a portion of it, but basically they said there was no logical explanation for the price getting so high except for the idiots on Wall St.[/quote88cbde28a2]
A lot of it had to do with rogue futures traders keeping the prices artifically high, yes. And IIRC the government cracked down on a bunch of them, some were potentially being held civilly or criminally liable, too.

That said, crude oil and gas do not necessarily track each other. Crude oil is unusable in its natural state (where the price per barrel is set), and must be refined. When refineries are operating at full capacity, then the prices do normally track, but anything that reduces refinery output (hurricanes, which happened quite a bit over the last two years, or economic downturns, strikes, etc.) cause an inflation in gas prices regardless of how cheap crude is.

Since the worldwide economy is so bad, we see a lot of dollars experiencing inflation in order to keep up paying for goods (remember, governments ARE printing money to acheive stimulus).

With this inflation, the value of commidities are deflating (typical recession/depression action). This sounds like a good thing (dollar worth less, fuel costs less), and in terms of gas prices in general, it is. This is why we saw fuel drop from $4.20ish to $1.75 a gallon.

Demand has dropped, and with lowered demand comes EVEN LOWER PRICES!!!

Now, I understand why anyone would be pissed off. $30 for a barrel of oil is pretty cheap.

But with the lowered demand for fuel, refineries are cutting back production. Not only does this cut demand for OIL back even more, but it creates a bottlenecking effect with the price of gasoline.

They're producing less gasoline, so they charge more for it. This isn't typical supply/demand curve action.

Oil will go up soon. OPEC nations will cut back production WAY back to drive up the price of oil. This will drive up the price of fuel of course.

Is it oil companies being greedy? Not really. Refineries can't exactly produce a surplus. They're keeping up with demand by the market.

We WILL see $4 gas again...once the economy begins to recover it will be back.

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[quote429d15e42f="J4320"]http//i40.tinypic.com/2nqa9zb.jpg[" alt=""/img429d15e42f][/quote429d15e42f]

Dang, shouldn't that go here, http//forum.freeipodguide.com/viewtopic.php?t=18008 ?

its eyes have been flipped upside down

I am honestly in awe as to how people like that exist. It makes no sense on every level I approach it from.

Where I went to school was a shitty small rural town. We were anything but a "college town" but that was ok.

I was buying some groceries to make a delicious shrimp scampi dinner when in front of me was the world's slowest woman.

Oh I'm sorry, It was just an old man with long hair.


Wait a minute!!!! it WAS an old lady (late 60s) with the fullest, darkest, freddy mercuriest mustache in the world.

But this woman was skinny.

I mean come on women.... you have many options

You bleach it (if your hair comes in dark) many girls DO have some peach fuzz there.

You wax it (takes care of it for a long time)

You laser it (takes care of it forever, usually)

But for the woman in the pic, and the woman at the grocery store...a fucking razor will do just fine.