Maybe youve seen this, maybe not (i.e. Gas Prices)
tenfrontier
+1y
and nobody cares about Belgium
Low_SST
+1y
Edited: 4/19/2006 7:28:08 AM by Low_SST
Originally posted by greyfoxtb
Here in Belgium, we pay about
mtm
+1y
those middle easteners were bitching the other day because their gas prices are at an all time high. 26 cents a gallon where do you put gas in a camel? Is there a screw off lid on the top of his hump?
medicus
+1y
we as americans need to stop bitching weve had it good for so long and at $4 a gallon we still do have any of you guys been over seas and seen the prices it over $4 a litre and last i check it takes about 3 litres to make a gallon so quit crying or drive what you can afford to drive and not a gas hog
Work from home... I've had the same tank of gas since February, ha, ha!
BTW... Prez Bush has tried since the beginning of his first term to tap into our own oil resources in obsolete areas of the U.S., only to be shut down by tree huggers who ride bicycles to coffe shops. Boycotts don't work... if they did, would we even hear of Wal-Mart? People have tried to shut them down for years, now there's like 8,000 of 'em.
DOWNSUB
+1y
LOOK FOR E85 (ETHANOL) MADE FROM CORN COMMING IN 2008.SHOULD BE ABOUT $2.16 GAL
dssur
+1y
Originally posted by DOWNSUB
LOOK FOR E85 (ETHANOL) MADE FROM CORN COMMING IN 2008.SHOULD BE ABOUT $2.16 GAL
E85 can only be used in vehicles properly calibrated for it. If you try to run it in an engine calibrated for gasoline, it will run very lean and potentially cause engine damage.
Some cars/trucks are already E85 compliant (fuel line sensor to detect the ratio of ethanol to gas, reprogrammed ecu to allow spark and injection timing changes) like the newest Chevy VORTEC trucks and even the lowly 2.2.
My senior design project was converting my carbutered mazda to E85 fuel injection. And its already availible here. The 15% gasoline (85% eth hence E85) is only added to make it lethal, imagine getting pure grain alcohol at the pump, and is the main part of the cost per gallon.
However, Ethanol is not a viable gasoline replacement, as the crops needed to replace our dependency on gas would easly tax agriculture. I figure Ethanol has about 6 more years before it becomes as expensive to produce as gasoline.
Did you know that when Henry Ford made the Model T for everyman, he intended it to run on Eth?
olskoolpup
+1y
yea, eth is pretty badass. itll place less strain on the petroleum market, and cleaner burn, etc. however, unless someone comes up with a better/faster way to grow corn, then we'll be in the same boat in a couple years. itll also strip the crop land dry and leave a dust bowl.
its a good idea, but it only relieves stress on one thing and places it on another...
badfish57
+1y
Have any of you guys ever sat down and thought what kind of effort goes into that Gas or Diesel you are buying? Ive been around the different parts of the Oilfield most all my life and so has my Family. So I get a little tiffed when I see a bazzillion people bitching about it, when most of them take what they are using on a daily basis for granted. So I'll run you threw a Basic Land Based scenario.
You have mister big company, they have a team of geologist That They Pay to go out and scout areas for an Ideal location that will yield some product. So they Pay them to survey the land and ground in hopes that they will hit the goods. Well if they find a spot, they then have to get permissions from the land owners (which they are always willing to say Yes) and File permits with intern cost money as well. You then have to Contract out a drilling company or use your own. They have to Pay for the Transport and Labor for them to come in and prepare the land for the Drilling rig, Then they Have to Pay for the Transport of all the rigs parts and Laborers to put it all together and get it up and running, they also have to Buy all the materials, that the rig will need to drill into the earth with, bits, pipes, chemicals, drilling mudd, etc etc.. and transport cost of all materials, and you pay for this system to run for weeks to months. And if in the End they never hit oil then that is a Very Large Loss of money, But if they do hit Oil. Then you have to Pay for the tanks and pipelines to transfer the product into for holding. Then pay for all the tare down of the drilling rig and transport of it off location, by then hopefully a proper dirt road has been built to the location, which has to be paid for, and Royalties to the Land owner.
So now you have an operational Oil Lease with all the Pumps, piping, meters, and tanks that Mr. Big had to Pay for to be built, transported, erected, and made functional. Now you have to get that Oil out of the Tanks and to refinery. Well you have a contracted 'Pumper(s)' that drives around from location to location and checking the oil, seeing what need to go and what need some attention that needs payed to. There are hundreds of different types of Oil its just not all the same, so sometimes it is very thick and has to be Hot Oiled, so then you have to Pay a Hot-Oil truck to drive to the location and treat the oil that is in the tanks. Sometimes there is Water in the oil. So then you have to Pay for a water truck to come and pull the water of the bottoms of the tanks. If the Oil has more that 2% water in it, then it is No Good and will not be bought. SO when the production company has a Load of oil that is ready to go they have to Sell it to a Buyer which is also a Mr Big company and sometimes a Partner Subsidiaries of the original company.
So you got a tank full of oil that is ready to be sold, the Buyer has to pay the Producer for the oil. So you got oil trading at $70 a barrel,the buyer has to pay a Bonus an average of $2.25 per barrel or the Producer can sell to the next highest bidder. Same goes no mater if your buying it from Arabia or where ever. So the Trading Company just bought 100 barrels of oil for $7,225. That in turn has to be Payed to be Transported to another holding facility or directly to the refinery.
So let me break down that part for ya. 1-Barrel is equal to 42 gallons so at $70 a barrel that averages out at $1.67 per Gallon. They bought 100 barrels with a $2.25 per barrel bonus on top of that for a Total of $7,225. which now averages out to $1.72 per gallon of Pure dirty crude Oil that is Unrefined.
You then take that Pure oil and have it refined, that cost anywhere on average of 15-50cents per gallon depending on the type of fuel and any additives that may need be added. and that cost money to do and manpower and not to mention the million-some-odd dollars worth of equipment that is at one of the locations. Oil can be broken down in to different things, but not all the oil can be broken down into Fuel products.
So now you got this fuel that is refined and ready to be Sold again to the stations. Will the same buyers bonus comes into play again. But now the cost as gone Up Again. So no you have a gallon of gas that is worth between $1.87 to $2.07 depending on the octane level. Well with the buyers bonus now at 15cents on the gallon that brings the price to $2.02-$2.22. , and they buyer has to Pay to have that delivered to the store.
No to mention all the taxes that are put on the wholesale price from the distributor, suppliers, and retailer. So depending on yours state is going to be different for each type of fuel. So you will have an excise plus an additional tax figured in to that in some places so that is all just prices figured with out taxes.. so you add in you states fuel taxes it will change so In my state of Oklahoma that pure oil price of $1.72 taxed is $1.89 a gallon, the then taxed refined cost would be $2.04-$2.24, so then the at brings the Store cost with the buyers bonus of 15cent per gallon to $2.19-$2.39 before tax, so the retailers bought cost with tax ends up being $2.36 - $2.56 Per Gallon... Well guess what its Taxed again to the consumer and the tax is figured into the final price so that brings the final price to $2.53 - $2.73 and
guess what you Gota make a profit, so toss another 10-20cents on the gallon....