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Thursday, October 4. 2012Gas: I'm filled up... (Update: YIPES!)Heck, in my area, I just paid $4.239, and that's for regular. How're prices in your neck of the woods? Update: YIPES! I just refilled the gas tank for a camping trip tomorrow, a day after than the above post, and the regular gas price jumped to $4.689 !!!!!!! And, reports say that the California price is expected to jump again. Looks like prices are high everywhere, with California now even topping Hawaii. But, Hawaii is in the middle of the Pacific Ocean, with high transport costs. What's California's excuse? Ordinary maintenance of local refineries removes some capacity, which can't be filled in with gas from neighboring states due to California having its own different higher cost fuel composition standards. So, on top of California and some other states not allowing new refineries to be built, on top of gas prices driven up by mandating corn in it, and world food markets driven up by our diversion of corn into the gas tank, and the dollar being devalued by debt so it costs more to buy oil, California wants to be Hawaii! I know, many of you say, set California adrift. Thanks to envirocrazies, California is adrift, in high costs, high debt, shortages, middle class bailing out, companies leaving. -- Steven Hayward, another California resident, at Hot Air, hopes without real expectation that California voters will wisen up. This map, found by Ed Driscoll at Instapundit, neatly sums it up:
Posted by Bruce Kesler
in Hot News & Misc. Short Subjects, Our Essays
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The real sad part is that the photo is NOT a photoshopped event.
Obama really did bow to the Saudis; Something that a head of state of a republic should NEVER do is bow to the aristocracy, any aristocracy. We had a revolution to get away from that; But, I guess Obama never learned that lesson in primary school in Indonesia. P.S. $3.59 on the Jersey shore. 1 US Gallon = 3.7854118 litres
1 Imperial Gallon = 4.54609 litres In the Toronto/Caledon area: Regular $126.7 - $133.7 @ litre Premium $143.7 - $148.7 @ litre $1 US = $0.98 CDN $1 CDN = $1.02 US At my pump: (@ $130.07 avg) an equivalent US Gallon costs me $492.37 CDN Pi$$ed? YE$! I'm kind of slow on the uptake so please forgive me if this sounds stupid but are you saying that gas is $126/liter? One Hundred and Twenty Six dollars Canadian? Per Liter?
Must be that Metric/English unit conversion problem again.
I think that's Canadian pennies - as in $1.307/liter. That would work out to $4.93/US Gallon. It can't be dollars.
You guys are too sharp for me !!
Should have read $1.26.7 (as in $1 and 26.7 cents). The other amounts amended accordingly.
#9.1.1.1.1
Garry
on
2012-10-05 19:10
(Reply)
$3.39 in Columbia, SC, 87 octane ethanol.
$4.08 on Lake Murray, 93 octane non-ethanol. $3.68 in Chapin, SC, 93 octane non-ethanol. Before Labor Day, $3.95/gal in NW Michigan (tourist season). Now it's $3.89 most places.
$4.39 for regular in Honolulu when I filled up yesterday evening.
Pointing to the price of gas in January 2009 is a bit deceptive. The price of gas was actually higher than today's prices until the financial meltdown led to a collapse in demand.
You strike out again, Zach. Adjusted for inflation, according to the Energy Information Institute and the US Bureau of Labor Statistics using 2005 as a base, the 2012 price is 86% higher than 2009.
Bruce Kesler: You strike out again, Zach. Adjusted for inflation, according to the Energy Information Institute and the US Bureau of Labor Statistics using 2005 as a base, the 2012 price is 86% higher than 2009.
Yes, that's what the graph shows. You completely ignored our comment. Pointing to the price of gas in January 2009 is a bit deceptive. The price of gas was actually higher than today's prices until the financial meltdown led to a collapse in demand. Let me try to get through to you again, and stop wasting my time on you. 2005 was not a depressed year. According to the Energy Information Institute, the gas price was $2.30/gallon. Adjusted for inflation, using the US Bureau of Labor Statistics calculator, that would be $2.71 in 2012. Today's price I paid is $4.69, or $3.98 adjusted to the 2005 dollar, or 86% higher than in 2005 adjusted for inflation.-- Your using 2009 as a base is misleading, as usual with you. Now, slither away.
Bruce Kesler: Adjusted for inflation, using the US Bureau of Labor Statistics calculator, that would be $2.71 in 2012. Today's price I paid is $4.69, or $3.98 adjusted to the 2005 dollar, or 86% higher than in 2005 adjusted for inflation.-
Okay. Bruce Kesler: Let me try to get through to you again, To be clear, your last comment was "the 2012 price is 86% higher than 2009." Now you are comparing 2012 with 2005. Ignoring that gas prices were just as high in 2008 provides an incomplete picture. Apparently, other factors than Obama affect gas prices, and using January 2009 as the benchmark, as the original post did, is somewhat misleading. It is you trying to obfuscate, as usual. The point is that today's gas prices are so high, higher than in prosperity or deep recession, and the primary cause is Obama's policies opposed to drilling and refining and pipelines and those of adherents to excessive "environmentalism" (ie., using corn for gas) that also causes world food prices to escalate. -- I don't know where you live but I hope the gas line is coming to your area soon, for a reality check you need.
Bruce Kesler: The point is that today's gas prices are so high, higher than in prosperity or deep recession, and the primary cause is Obama's policies ...
Well, that wouldn't explain why they were so high in 2008. Here's an inflation adjusted view. Notice how prices generally dropped during the 20th century, but have been rising since 2000 (other than the huge drop in 2008). http://inflationdata.com/Inflation/images/charts/Oil/Monthly_Inflation_Adj_Gasoline.jpg Omigosh, gas prices, inflation adjusted, have risen since Democrats in Congress allied with envirocrazies reached enough political weight to shut down refineries and reduce oil production!
You people voted for hope and change.
Now we have no hope and NO change. Butto did say he was going to funamentaly change America. Well that is ONE campaine promiss he did diliver on. Just like the change came to the USSR, cuiba, north korea, vet nam, china, and all the rest of the social/islam countries around the world. |