Saw today where they are actually going to attempt to sue OPEC, really, how dumb are our elected officials?

I posted a couple thoughts on why gas is so high on the last page.

Sorry I was kind of mean. I am in the oil and gas business and it just irritates me how uninformed people are. To be completely honest......most people don't have a clue.

OPEC is relied upon because of the fact that there are so many places you can drill for oil in this country that aren't being utilized because of environmental activism. Florida coast, California coast, and Alaska are among a few. If people don't stop being pussies about putting drilling rigs in the ocean, among other places, this country is going to be in serious trouble in 10-15 years.......it is a reality....and it frustrates the hell out of people in my profession.....especially when we are the ones that are getting shit on by everyone because of gas prices. People don't have a clue. These places I've mentioned should have been explored and opened up a decade ago but people bitched and moaned about it so much it never happened......now we're in this situation and guess who they bitch to now......the oil companies. It's ridiculous.

Today it was $3.89/gal. $25 for around 6 gals of gas.

Full tank is now $59.13... 9 days later.

That "bargain" I found the other day is gone :(

First off, chill out.

Secondly, I'm sure there are really good reasons why drilling hasn't begun in those places you mentioned otherwise I'm sure they would have done it long ago.

Major oil company CEO's testified before a Senate committee today.

The senators did not treat them very kindly.

There is a thread in the News and Politics forum.

Filled up on Monday at 3.91. Today it is 4.05. Absolutely ridiculous.

Talk about mad. On the way to picking my daughter up from band practice, I checked out every gas station so I would know which one to stop at on the way home to buy gas. Logical, Right? Not driving out of my way for a cheaper price, but finding the cheapest one on the way. Well, 30 minutes later, driving home, three of the four had gone up 10 cents and were sitting at $3.99.

The one that didn't change had it for $3.89 for cash/debit, $3.94 for credit. Anybody else seeing a lot of that? Why are they doing that??

Perhaps saving on CC fees?

Depends on the type of store. If it's like a locally run gas station and they have a contract with an oil company that provides pumps and cash registers, everything run through credit they only get paid that money at certain intervals, normally 30 days. If it's credit or cash, it's money they pocket immediately, so that may be a little incentive for people to use cash so all their money isn't tied up for an entire month.

Yeah...I'm chilled. Haha.

Secondly, I'd really love to hear these really good reasons why we haven't been openly exploring the millions upon millions of unproven reserves in the places I mentioned. The reason why is exactly what I stated. Democrats and tree hugging liberals have fought coastal drilling for a long time now. It's all about environmentalism.

Here is another link concerning the Deep Ocean Drilling legislation
http://feinstein.senate.gov/news-oil-drilling83006.html


Now......this is the kind of attitude that I am more prone to agreeing with:

The St. Petersburg Times

Sen. Sam Brownback, R-Kansas: "I think that you go in every place that you can to find resources." Rep. Tom Tancredo: "You bet. I would agree to exploration off the coasts. I mean, it's -- how fair is it, today, that, Louisiana is producing all the oil that California and other (states) are consuming, and they refuse to allow the exploration of oil off the coasts?
"I'd say, you know, if you won't allow it, you can't use it, the stuff that we're getting from Louisiana... So, yes, you better drill every place you can here."

My cousin just told me that premium prices broke $5.00 where she is. I was so :eek: that I turned on my laptop after having just turned it off so that I could post that. :rolleyes:

When self serve first started it was cheaper to pump it yourself. Then they had the cash/credit price thing going on. I hadn't seen any stations do that until this past week when they suddenly have a cheaper price for cash or debit. As long as I can do debit, I'll do it that way. It's a pain when you're "filling up" and you have to go in, give them cash, go back out to pump and go back in to get your change. And, as the "pump shock" is setting in, figuring out how much you have to give them is more of a challenge. When they first required paying first, before debit cards, when I was operating on cash only personally, I used to give them a $20.

I haven't seen different prices for cash vs credit. Perhaps it's illegal in NJ, as is self-serve?

I was in Brasil last week and the cost of gas - gasoline - there was about the same as it is here, in NJ. (at least that is what we determined, converting from BRL to USD, then from litre to gallon) Their cars are a LOT smaller than ours and many of them run on "alcool" (alcohol) or a gas/alcohol mixture. (according to our driver...)

Not only that (good reason btw), but Credit companies are raising rates - the interest rates they charge consumers and =possibly= the charges that are charged to merchants to process cards. (I don't know the second part for sure, but I wouldn't be surprised since credit companies are trying to find new ways to look at their balance sheets since the housing industry went bust.

I'd compare it to the airlines charging for checked bags. It's sort of built in as another profit center to try to balance things out.

TexasWSP - there are plenty of environmental reasons to *not* drill in those places you were talking about. I'm not those decision makers but I'd venture to guess there are more reasons than just the environment ones. It's not like they just shook their finger at the oil companies and said 'no' just to piss you guys off.

Apology accepted. :)
And thank you for informing the masses. We need more information to counter what the media tells us and what our wallets say. :)