Registered: Aug 2011
Location: missouri
Posts: 209

I did a little research today on gas vs. oil prices. In 2008 when oil reached the $130 per barrel range, gas averaged $3.83 per gallon. Today oil is $106 per barrel range and gas is $3.89 per gallon average. Can anyone explain that one for me?

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Registered: Oct 2010
Location: Ohio
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It's called they charge whatever they want whenever they want.

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Registered: Jan 2012
Location: Lawrenceburg TN
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IT'S CALLED, ANY INCREASE IN THE COST OF DOING BUSINESS, (SUPPLY AND DEMAND, REGULATION, WORLD MARKETS, ETC.) GETS PASSED ON TO THE CONSUMER FOR THE PURPOSE OF MAINTAINING PROFIT MARGINS, OF WHICH THE OIL INDUSTRY RANKS 115TH OUT OF THE TOP 200!!! A WEAK DOLLAR DOESN'T HELP EITHER!!! CONSIDER THIS, THE PURCHASING POWER OF A DOLLAR HAS DWINDLED TO THE PURCHASING POWER OF A NICKEL IN THE LAST 100 YEARS!!!

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Registered: Aug 2011
Location: missouri
Posts: 209

your probably right,preacher. i'd just noticed that since pres.obama took office' gas prices were up 93%' while oil prices were down(from '08). i was just curious if it had any thing to do with energy prices "necessarily rising to european levels".

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Jay Williams

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Registered: Jun 2003
Location: michigan
Posts: 2573

Wouldn't surprise me if the boys on wall street have been buying and selling again.

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Registered: Aug 2011
Location: missouri
Posts: 209

quote:

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Originally posted by Dale Young
Wouldn't surprise me if the boys on wall street have been buying and selling again.

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Jay Williams

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Registered: Dec 2011
Location: juniata county pa
Posts: 640

it called supply and demand. we need it and they know it.

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Registered: Sep 2011
Location: Oneida, Tn
Posts: 76

Is there anywhere that lists the state taxes on the gas at the pumps? I was told that Tennessee has one of the highest taxes on gas in the nation, but like i said it was just a hillbilly talking to another. That would be about fitting though considering we are way up there in unemployment rates.

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Registered: Sep 2011
Location: Oneida, Tn
Posts: 76

Nope they were wrong i found it. Tennessee ranks 36th while New York ranks 1rst with almost 50 cents of taxes on gas.

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Registered: Mar 2008
Location: Western N.Y.
Posts: 4005

The Govt makes about 10 times what the oil companys make on a gallon of gas. Do you really think they want us to quit driving our 12 mile a gallon pickups?

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Registered: Sep 2003
Location:
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quote:

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Originally posted by walker1978
it called supply and demand. we need it and they know it.

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Registered: May 2005
Location: oklahoma
Posts: 5035

BUSH'S FAULT

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Registered: May 2008
Location: Gillett, Pa
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it all started in the early 70s when we accepted the lie that were running out of oil and who was in charge at that time ?

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Registered: Dec 2011
Location: juniata county pa
Posts: 640

quote:

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Originally posted by smokin-1-mo
I READ SOMEWHERE WE HAVE ENOUGH HERE TO LAST 150 YRS WHY DO WE NEED THERES....3.69 WHERE I LIVE..

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Registered: Jan 2010
Location: West Virginia
Posts: 10675

quote:

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Originally posted by groworg1
it all started in the early 70s when we accepted the lie that were running out of oil and who was in charge at that time ?

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Registered: Jan 2010
Location: West Virginia
Posts: 10675

quote:

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Originally posted by smokin-1-mo
I READ SOMEWHERE WE HAVE ENOUGH HERE TO LAST 150 YRS WHY DO WE NEED THERES....3.69 WHERE I LIVE..

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Registered: Apr 2008
Location: sugarcreekohio
Posts: 1341

the grain is on the stock market when the prices of grain go up so does gas cus oil is also on the stock market guess whos maken money wall street

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Registered: Mar 2012
Location:
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quote:

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Originally posted by chuck west
Nixon then Ford ,,

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Registered: Jan 2010
Location: West Virginia
Posts: 10675

quote:

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Originally posted by BB&LKennels
CAN'T BLAME NIXON LOL. OBAMA IS TO BLAME NOW,BUT I BET THERE WILL BE ENOUGH WELFARE PEOPLE VOTING TO KEEP THAT JACKAZZ IN THERE FOR ANOTHER 4 YEAR'S. THIS IS JMO BUT IF YOU ARE GETTING WELFARE OR WASN'T BORN IN THE GREAT OLD USA YOU SHOULDN'T BE ALLOWED TO VOTE. OF CORSE THE MEXICAN WILL VOTE TO KEEP HIM IN THERE TO. SEND ALL OF THEM BACK WHERE THEY CAME FROM SO THE AMERICAN PEOPLE CAN GET A JOB.

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Registered: Feb 2010
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Actually it was Carter when there was a supposed gas shortage. Had to wait in line for gas, many stations would only sell $10 worth. That was about 78 or 79. There was always all the gas you wanted before that.

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Registered: May 2005
Location: oklahoma
Posts: 5035

quote:

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Originally posted by chuck west
Nixon then Ford ,,

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WENT TO 2010 WORLD HUNT
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Registered: Jan 2010
Location: West Virginia
Posts: 10675

quote:

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Originally posted by The Seeker
Actually it was Carter when there was a supposed gas shortage. Had to wait in line for gas, many stations would only sell $10 worth. That was about 78 or 79. There was always all the gas you wanted before that.

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Registered: Jan 2010
Location: West Virginia
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quote:

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Originally posted by oklared
HOW MUCH WAS GAS THEN? I SURE DONT REMEMBER

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Registered: May 2008
Location: Gillett, Pa
Posts: 1876

history lesson 1973 when the lies started odd and even days based on last number on your license plate how quick we forget !!!! and as always its the democrats fault

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Registered: Feb 2010
Location: off the res.
Posts: 3422

In 1973 OPEC imposed an oil embargo in response to the US suppling the Israel military. It lasted till early '74. In 73 gas was $.39 in 74 it was $.53 In 77 it was $.66 and in 80 at the end of the Carter Admin. it was $1.25.
In 1979 Carter imposed an oil embargo because of the hostage situation in Iran.

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