BuffettNews.com

I paid a freaking 1.99 9/10 a gallon today!!! I paid 1.78 Friday. I LIVE IN TEXAS - OIL RICH TEXAS. I seriously think there should be a law.......

I'm not sure its entirely our fault. A good 50 cents per gallon is taxes our own government imposes on us (which I'm sure go to good causes... I'm just saying).

Not to mention refineries sticking it to us because they can.

And supply and demand in this case is non-traditional when you consider that a cartel controls supply and can, at a moment's notice, adjust to make sure that the ratio of supply to demand stays consistently in their favor.

Add to that the impact that the strategic oil reserves could have on the marketplace and you end up with gas prices that are controlled by everyone BUT us.

Plus, have you ever noticed that when OPEC announces a change in supply or demand, the prices go up INSTANTLY but never down instantly?

Thank god the economy is doing great - means I've got all this extra disposable income.

ph4ever wrote:I paid a freaking 1.99 9/10 a gallon today!!! I paid 1.78 Friday. I LIVE IN TEXAS - OIL RICH TEXAS. I seriously think there should be a law.......

Ya know something worse. Your are paying for gas in their tanks that has been there for a while. Think about it. They got the tank filled up 2 weeks ago when the price was lower but now they pay more so they raise the price of the NEW FILL with the old fill still in there. Therefore if they paid $1.50 a gallon 2 weeks ago and they have 10000 gallon tank and have used like 7000 of it then they have 3000 left at $1.50 but raise the price of ALL the gallons in their tank to $2.00 thereby making more per gallon on the original fill..

12vmanRick wrote: Ya know something worse. Your are paying for gas in their tanks that has been there for a while. Think about it. They got the tank filled up 2 weeks ago when the price was lower but now they pay more so they raise the price of the NEW FILL with the old fill still in there. Therefore if they paid $1.50 a gallon 2 weeks ago and they have 10000 gallon tank and have used like 7000 of it then they have 3000 left at $1.50 but raise the price of ALL the gallons in their tank to $2.00 thereby making more per gallon on the original fill..

Hell, the other day I noted 3 price increases in 48 hours at a particular station I pass on my way to/from work.

12vmanRick wrote:

ph4ever wrote:I paid a freaking 1.99 9/10 a gallon today!!! I paid 1.78 Friday. I LIVE IN TEXAS - OIL RICH TEXAS. I seriously think there should be a law.......

Ya know something worse. Your are paying for gas in their tanks that has been there for a while. Think about it. They got the tank filled up 2 weeks ago when the price was lower but now they pay more so they raise the price of the NEW FILL with the old fill still in there. Therefore if they paid $1.50 a gallon 2 weeks ago and they have 10000 gallon tank and have used like 7000 of it then they have 3000 left at $1.50 but raise the price of ALL the gallons in their tank to $2.00 thereby making more per gallon on the original fill..

I know!!! That's why I'm glad I no longer carry a gun

rednekkPH wrote:Folks, I just want to share a quick tip with y'all that may save you a bit of cash. Use the LOWEST octane that you car will run on. Running a higher octane than necessary will not only deplete your wallet, but will rob performance. High octane fuels are only needed in high compression engines to prevent predetonation or "pinging". The higher the octane, the slower the fuel will burn - this prevents high compression engines from running like a diesel (literally), but do nothing for 90% of the vehicles on the road. If you are not sure how low you can go, do this: Wait till your tank is nearly empty and put $5 of the low grade stuff in. If you get an engine knock (which will not do any damage in the short term), just fill up the rest of the way with higher octane. If it runs good, keep running the cheap stuff.

This is mostly true, but with some exceptions. The newer cars have engine electronics with the ability to reduce most pinging to unnoticeable. The big difference most people will notice using a lower grade than recommended is a distinct reduction in fuel mileage. My Honda minivan prefers premium. Running regular reduces the mileage about 10-15%. Depending on the difference in prices between the grades, it is almost a wash where I buy my gas.

It is also not a great idea during the heat of the summer. An engine operating on the edge of detonation is running hotter than normal.

SuperTrooper wrote:It is also not a great idea during the heat of the summer. An engine operating on the edge of detonation is running hotter than normal.

Assuming a liquid-cooled engine, with cooling system operating correctly, engine temp should not change...winter/summer

I paid $2.35/gallon here in southern OR yesterday

Cubbie Bear wrote:...Till they stop shooting at us, we should take ALL the oil

Preaching to the choir, phriend!

Lee - you make some very valid points. I'm not saying it's entirely our fault. I work for an energy company and I understand that there are numerous factors contributing to high gas prices. I just get frustrated when people want to gripe about the prices but they don't want to be inconvenienced with the hassles of car-pooling or public transportation. Ya know?

rednekkPH wrote:

SuperTrooper wrote:It is also not a great idea during the heat of the summer. An engine operating on the edge of detonation is running hotter than normal.

Assuming a liquid-cooled engine, with cooling system operating correctly, engine temp should not change...winter/summer

True enough at speeds above idle, but sitting in a traffic jam in hot weather is the worst case scenario for cars that require premium. Low water pump speeds cause the coolant to absorb a higher heat coefficient than designed to be expelled at the radiator. This causes coolant to go back into the engine hotter than normal. Starts a bad cycle that ends with uncontrollable pinging or overheating.

SuperTrooper wrote:True enough at speeds above idle, but sitting in a traffic jam in hot weather is the worst case scenario for cars that require premium. Low water pump speeds cause the coolant to absorb a higher heat coefficient than designed to be expelled at the radiator. This causes coolant to go back into the engine hotter than normal. Starts a bad cycle that ends with uncontrollable pinging or overheating.

Game, set, match.

CRC Parrothead wrote:Lee - you make some very valid points. I'm not saying it's entirely our fault. I work for an energy company and I understand that there are numerous factors contributing to high gas prices. I just get frustrated when people want to gripe about the prices but they don't want to be inconvenienced with the hassles of car-pooling or public transportation. Ya know?

I hear ya - wasn't really meant as a response to you...

It's just sometimes you hear "demand" thrown around as if we're being frivilous to use gas to drive to work.

CRC Parrothead wrote:Lee - you make some very valid points. I'm not saying it's entirely our fault. I work for an energy company and I understand that there are numerous factors contributing to high gas prices. I just get frustrated when people want to gripe about the prices but they don't want to be inconvenienced with the hassles of car-pooling or public transportation. Ya know?

Hell this is the first time I've actually pumped gas in Years!!!! I'm usually on public transportation and these gas prices have me freaked out!!! It's been over a year since I pumped gas!!!

ph4ever wrote:

CRC Parrothead wrote:Lee - you make some very valid points. I'm not saying it's entirely our fault. I work for an energy company and I understand that there are numerous factors contributing to high gas prices. I just get frustrated when people want to gripe about the prices but they don't want to be inconvenienced with the hassles of car-pooling or public transportation. Ya know?

Hell this is the first time I've actually pumped gas in Years!!!! I'm usually on public transportation and these gas prices have me freaked out!!! It's been over a year since I pumped gas!!!

OHHH! So this is really YOUR fault! Back on the bus!

I walk to work, and only drive my car once or twice a week - a good thing ...


cause out here .... lets see ... we pay $1.07 this week for a litre of petrol...
and there is 3.78 litres to the gallon ....

and we have been paying around 1.00 a litre for a few years now

WELCOME TO OUR WORLD

rednekkPH wrote:

12vmanRick wrote: Ya know something worse. Your are paying for gas in their tanks that has been there for a while. Think about it. They got the tank filled up 2 weeks ago when the price was lower but now they pay more so they raise the price of the NEW FILL with the old fill still in there. Therefore if they paid $1.50 a gallon 2 weeks ago and they have 10000 gallon tank and have used like 7000 of it then they have 3000 left at $1.50 but raise the price of ALL the gallons in their tank to $2.00 thereby making more per gallon on the original fill..

Hell, the other day I noted 3 price increases in 48 hours at a particular station I pass on my way to/from work.

Yea and the SAME gas has been in their tanks for several days!!!!

i guess im not too bad off..considering that most places are over 2.00 now. i paid 1.95/gallon today to fill up the tank. the wierd thing is i havent spent over 20 to fill up the car yet.(i tell myself that but if i were to actually have the tank empty before i filled it up, id go over 20) im just glad im not living in so.cal. right now becuase my parents are paying upwards of 2.45ish for the cheap crap!

I paid $37.00 to fill my Wrangler at $2.29, but I should be used to it.

1.94 here in the Show Me State