Fuel Hits 5.05 gal
Thread Starter
Burning Brakes
Joined: Apr 2007
Posts: 1,039
Likes: 62
From: Kona Hawaii
Fuel Hits 5.05 gal
Well we just hit 5.05 gal for premium here in Kona Hawaii! Installed a 6spd OD and just got my carb tuned,getting 20 mpg what luck.What's the reason for the fuel spike?? Geez.....
Melting Slicks
Joined: Mar 2008
Posts: 2,023
Likes: 6
From: Austin Tx
This is what the current Secretary of Energy has said about what he thinks the price of gas should be.
Somehow we have to figure out how to boost the price of gasoline to the levels in Europe
Melting Slicks
Joined: Sep 2011
Posts: 3,372
Likes: 215
From: Peoria Arizona
Yeah.. let's match Europe. Where they can drive through 4 countries in a matter of hours. 4 to 5 days to get from one side to the other here.
ugh.... I'm in a happy place... I'm in a happy place.
ugh.... I'm in a happy place... I'm in a happy place.
Race Director
Joined: Jul 2001
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Burning Brakes
Joined: Aug 2008
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From: Deep South Denmark
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Team Owner
Joined: Jul 1999
Posts: 65,492
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From: Orange Park Florida
As a consumer, very seldom unless on vacation once/twice in a lifetime....
but it's done every damn week or more by OTR truckers, enjoy your store prices...
so about 3.50 in taxes per gallon....so some of you can afford to get a great welfare check.....lovely, simply wonderful....we pay about a buck/gallon in road taxes....
but it's done every damn week or more by OTR truckers, enjoy your store prices...
so about 3.50 in taxes per gallon....so some of you can afford to get a great welfare check.....lovely, simply wonderful....we pay about a buck/gallon in road taxes....
Le Mans Master
Joined: Feb 2011
Posts: 5,783
Likes: 400
From: Paoli, IN
St. Jude Donor '17, '19
It doesn't make any sense at all. The price of a barrel of oil was equivalent or slightly more to the price it is now a year ago. There is absolutely no reason for this $1 increase for gas.
Obama does not know how to control anything.
Obama does not know how to control anything.
Le Mans Master
Joined: Feb 2011
Posts: 5,943
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From: Southern NH
Melting Slicks
Joined: Aug 2008
Posts: 2,200
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From: Lehigh county Pennsylvania
Melting Slicks
Joined: Jun 2009
Posts: 2,709
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From: Savannah GA
Unless the President (any President) were to Nationalize the oil industry thereby wresting control of pricing from the industry, and investor/speculators the White House has exactly ZERO control over the open market for petroleum. Zip, Nada, Zilch no matter who is in office. Blame capitalist greed, Wall Street, the Iranians or whoever you wish but leave Washington out of this argument... they are just along for the ride like the rest of us!
Melting Slicks
Joined: Aug 2008
Posts: 2,200
Likes: 3
From: Lehigh county Pennsylvania
But, but, but...what about all that hope & change we were promised when gas prices were less that 2 bucks/gallon when he took office? Who nixed the pipeline? Who put a halt to drilling on and off our own shores?
My '69 won't run on electricity or hydrogen technology. Or algae.
My '69 won't run on electricity or hydrogen technology. Or algae.
Race Director
Joined: Jul 2001
Posts: 15,892
Likes: 42
Oil is a worldwide commodity with one set price that EVERYBODY pays, not one price for the US and other prices for other countries. If Obama held his breath and promised to die in an effort to bring prices down, other countries would just step in and buy it at the going rate.
It's always worked this way, it's called capitalism. Blaming your president for worldwide prices is kinda naive as is moaniong about gas at $5.00 when many countries are already paying $8-10.
It's always worked this way, it's called capitalism. Blaming your president for worldwide prices is kinda naive as is moaniong about gas at $5.00 when many countries are already paying $8-10.
Melting Slicks
Joined: Jun 2009
Posts: 2,709
Likes: 3
From: Savannah GA
The issue is not a shortage of crude; there's plenty to go around and adding more to the surplus is unlikely to stabilize or drop the price. Do a bit of research in the area and you'll find that my and Mike Ward's position is correct. It's a nice fantasy to believe the president is omnipresent and all powerful since it's easy to blame "the man".... but in this case it's simply untrue.
Racer
Joined: May 2011
Posts: 297
Likes: 3
From: Indianapolis
The issue is not a shortage of crude; there's plenty to go around and adding more to the surplus is unlikely to stabilize or drop the price. Do a bit of research in the area and you'll find that my and Mike Ward's position is correct. It's a nice fantasy to believe the president is omnipresent and all powerful since it's easy to blame "the man".... but in this case it's simply untrue.
Consider the flip side of this argument: If gas prices were to suddenly drop, would you give the president all the credit?