Soaring Gas Prices

2006-04-28 02:59:34

#26

mcminty: Moderating your content for the Australian Govt.; +879|6961|Sydney, Australia

Erkut.hv wrote:
How about the 8.4 billion dollar profit Exxon posted today? Gotta love price gouging.

God, the fuel companies all over the world are bastards. Around easter, the price went from $1.20/L to $1.35/L in a few days.

the_heart_attack wrote:
its up to about 1.35 here in cnaberra.

1.45+ in Sydney. 1.55 for that premium stuff

And the thing I hate most about this... Today Tonight and A Current Affair won't shut the fuck up about petrol. At least the Chaser is back on the ABC tonight, where they will take the mickey out of those stupid current affair programs.

(Seriously, if you haven't heard of the chaser, go to http://abc.net.au/tv/chaser/war/ . Watch the highlights of the previous shows.)

2006-04-28 03:05:44

#27

Ty: Mass Media Casualty; +2,398|7014|Noizyland

It's just gone above $1.70 or $1.80 a litre here or something. It costs me about $100 to fill up the Frog, (my car.) I put in about $30 at a time, but I can't even really afford that. My car's always on a dangerously bright fuel light before I relent and put some petrol in it.
It's running low at the moment, so I'm not driving anywhere.

[Blinking eyes thing]
Steam: http://steamcommunity.com/id/tzyon

2006-04-28 03:10:34

#28

Cybargs: Moderated; +2,285|6955

well... smart car ftw! 100km per litre... 40litres = 4000km which means u dont have to pay for fuel that much

here in taiwan its 24nt a litre, around 1 aus per litre... i remember in 2002 it was around 70cents a litre in brisbane...

https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png

2006-04-28 03:13:11

#29

DonFck: Hibernator; +3,227|6871|Finland

UnOriginalNuttah wrote:
Spark wrote:
I have an outlandish, amazing idea.

What if we had robots working at our offices and stuff - and we controlled them from home using virtual reality machines.

It's possible - they've made a steel cage which you can run in and your actually running through the video game!

I said it was outlandish.
Hmm, might be simpler for everyone work from home via the internet, which would pretty much eliminate the need for commuting. But it'll put all the catering staff, cleaners, security and office goods suppliers out of business.

No! We want robots!

Sorry..

But seriuosly, wait a minute...

1 gallon = 3,785412 litres, right?
That makes the "soaring gas prices" in the US somewhere at ~ 3$/gallon = 0,79$/l, which in turn makes it 0,6289 €/l.

I refueled my car a couple of days ago to the price of 1,36€/l. In other words 5,15 €/gallon -> 6,4689 $/gallon..

Last edited by DonFck (2006-04-28 03:18:00)

I need around tree fiddy.

2006-04-28 03:25:20

#30

pedigreeuk: I'm English, not British!; +113|7010|Rotherham, England

I just filled my car from just under a quarter of a tank and it cost me £48.77 for almost 50 litres of diesel or in foreign terms;

UK 98.9 pence per litre
EUR 1.35 euro's per litre
AUS $2.25 per litre
US $1.68 per litre

Or for gallon prices;

UK £3.75
EUR E5.11
AUS $8.51
US $6.35

When you're paying as much as we do for fuel then complain, but as it is at the minute i'd love to be paying the kind of prices everyone on here seems to be complaining about.

2006-04-28 03:44:32

#31

Ali: Official Hell Bound Turbo Action Club Member; +17|6949|Gütersloh, Germany

1.35 EUR per litre for premium (US: mid-grade) unleaded (95 RON, 90 AKI)
1.13 EUR per litre for diesel

2006-04-28 03:46:23

#32

UON: Junglist Massive; +223|6893

pedigreeuk wrote:
When you're paying as much as we do for fuel then complain, but as it is at the minute i'd love to be paying the kind of prices everyone on here seems to be complaining about.

Interestingly enough the european prices posted from UK and Finland are around double the price of diesel in California:

http://www.energy.ca.gov/gasoline/

But as far as I can tell it's not discouraging people to drive here in the UK, because I can still barely breath without a mask on the way to work by bike, and the uni car park is still full every single day (despite the fact that there is are frequent buses and a train station connected to the site and perfectly adequate public transport from just about anywhere in the surrounding environment).

2006-04-28 03:58:43

#33

Spark: liquid fluoride thorium reactor; +874|6914|Canberra, AUS

pedigreeuk wrote:
I just filled my car from just under a quarter of a tank and it cost me £48.77 for almost 50 litres of diesel or in foreign terms;

UK 98.9 pence per litre
EUR 1.35 euro's per litre
AUS $2.25 per litre
US $1.68 per litre

Or for gallon prices;

UK £3.75
EUR E5.11
AUS $8.51
US $6.35

When you're paying as much as we do for fuel then complain, but as it is at the minute i'd love to be paying the kind of prices everyone on here seems to be complaining about.

Wow. And I think we have it bad - AU$1.4 or US$1.07 or 0.84 euros or 59 pence. Not nearly that bad - but a big increase on 90c just a year and a half ago.

Last edited by Spark (2006-04-28 04:01:06)

The paradox is only a conflict between reality and your feeling what reality ought to be.
^{~ Richard Feynman}

2006-04-28 04:10:44

#34

007hutchy: Member; +2|7028

Im actually now going to start diluting my diesel with vegetable oil. You can apparently get away with about a 70 - 30 split with diesel and vegetable oil respecively. Anythings worth a try when im currently having to pay 99.99 pence a litre. Not great when i travel about 40,000 miles a year. Im afraid this country (England) is a total disgrace as far as fuel prices are concerned.

For some of the people who dont live in the UK, i thought that you would like to know that the only reason fuel isnt over 99.99 pence per litre in our country, is because the fuel pump machines cant actually display any higher values. Otherwise, god only knows what the fuel prices would escalate too.

2006-04-28 04:36:26

#35

UON: Junglist Massive; +223|6893

007hutchy wrote:
Im actually now going to start diluting my diesel with vegetable oil. You can apparently get away with about a 70 - 30 split with diesel and vegetable oil respecively. Anythings worth a try when im currently having to pay 99.99 pence a litre. Not great when i travel about 40,000 miles a year. Im afraid this country (England) is a total disgrace as far as fuel prices are concerned.

For some of the people who dont live in the UK, i thought that you would like to know that the only reason fuel isnt over 99.99 pence per litre in our country, is because the fuel pump machines cant actually display any higher values. Otherwise, god only knows what the fuel prices would escalate too.

72% of the price is tax:

http://news.bbc.co.uk/1/hi/in_depth/wor … 933648.stm

But if you look at the graph it looks like the tax on fuel is falling because the % of price decreases, but look closer and you notice the amount of tax actually collected is increasing.

2006-04-28 05:11:58

#36

aardfrith: Δ > x > ¥; +145|7032

Spark wrote:
pedigreeuk wrote:
I just filled my car from just under a quarter of a tank and it cost me £48.77 for almost 50 litres of diesel or in foreign terms;

UK 98.9 pence per litre
EUR 1.35 euro's per litre
AUS $2.25 per litre
US $1.68 per litre

Or for gallon prices;

UK £3.75
EUR E5.11
AUS $8.51
US $6.35

When you're paying as much as we do for fuel then complain, but as it is at the minute i'd love to be paying the kind of prices everyone on here seems to be complaining about.
Wow. And I think we have it bad - AU$1.4 or US$1.07 or 0.84 euros or 59 pence. Not nearly that bad - but a big increase on 90c just a year and a half ago.

That's a huge increase. I remember when I was at uni, 10 or 11 years ago, the petrol price was 0.55 per litre (GBP). Our prices haven't actually increased by as much as other countries recently so we are more used to the higher prices.

By the way, can anyone explain what "FTW" means?

2006-04-28 06:30:03

#37

Erkut.hv: Member; +124|6974|California

pedigreeuk wrote:
I just filled my car from just under a quarter of a tank and it cost me £48.77 for almost 50 litres of diesel or in foreign terms;

UK 98.9 pence per litre
EUR 1.35 euro's per litre
AUS $2.25 per litre
US $1.68 per litre

Or for gallon prices;

UK £3.75
EUR E5.11
AUS $8.51
US $6.35

When you're paying as much as we do for fuel then complain, but as it is at the minute i'd love to be paying the kind of prices everyone on here seems to be complaining about.

I can honestly say we'd start burning some shit down over here if gas ever got that high (US). The price of goods would skyrocket, and our economy would collapse. Of course, that could be what the mighty whiteys want. Turn the middle class into poor people, so the are easier to control.

2006-04-28 06:43:26

#38

duk0r: Administrator; +306|6907|Austin, TX

Cool read: http://byronw.www1host.com/

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2006-04-28 06:52:58

#39

Sh1fty2k5: MacSwedish; +113|6949|Sweden

omg, its the americans fault. Driving around in their huge cars and not paying anything for it... INVADe!

2006-04-28 06:58:06

#40

Erkut.hv: Member; +124|6974|California

Sh1fty2k5 wrote:
omg, its the americans fault. Driving around in their huge cars and not paying anything for it... INVADe!

I'm with you, send all of your Swedish women over here..... I surrender. Tell the ladies I have a white flag in my pants.

Gas here is at 3.10 a gallon, not sure how that works out, but we're slowly, and I mean verrrry slowly, getting irritated. But we have to deal with an immigration issue before we deal with soaring gas prices.

2006-04-28 07:06:37

#41

OrangeHound: Busy doing highfalutin adminy stuff ...; +1,335|6889|Washington DC

Erkut.hv wrote:
How about the 8.4 billion dollar profit Exxon posted today? Gotta love price gouging.

It sounds like a lot of money, but consider this. Oil company profits average only about 7-9 cents per gallon. That is hardly price gouging, and (at about 3%) is really a fair profit. If they made no profit at all, then your $3 a gallon gas would still be $2.90 ... not much difference.

The media in the US is not adequately communicating the source of high gas prices because they typically have a prejudice toward big business. If you want to complain, look to the cost of oil (the producing nations to some extent, but mostly market speculators who buy the futures) or taxes (something like 20 cents a gallon in the US and MUCH MUCH more in Europe).

By the way, if you would like to buy $3 gas for $1.94 then trade in your SUV for a small sedan and that would be the effective price break ... according to AAA, an SUV costs 20.1 cents/mile to operate and a small sedan averages about 13 cents/mile to operate.

Last edited by OrangeHound (2006-04-28 07:28:58)

2006-04-28 07:39:48

#42

Erkut.hv: Member; +124|6974|California

Exxon Mobil Corp., the world''s top oil company, handed in its biggest-ever first-quarter profit Thursday, as record-high crude prices brought in sales of $89 billion, nearly a billion dollars a day for the year''s first three months. The net profit of $8.4 billion was a 7% jump from the $7.86 billion it reported a year ago, driven by strong global energy demand and soaring prices.

89 billion of which 8.4 was profit = 9.43% profit, not 3%

Although I agree, it is market speculation, and politicians barking that drive prices up.

Edit: I don't own an SUV.

Last edited by Erkut.hv (2006-04-28 07:40:21)

2006-04-28 08:31:07

#43

Agent_Dung_Bomb: Member; +302|6975|Salt Lake City

Erkut.hv wrote:
Exxon Mobil Corp., the world''s top oil company, handed in its biggest-ever first-quarter profit Thursday, as record-high crude prices brought in sales of $89 billion, nearly a billion dollars a day for the year''s first three months. The net profit of $8.4 billion was a 7% jump from the $7.86 billion it reported a year ago, driven by strong global energy demand and soaring prices.

89 billion of which 8.4 was profit = 9.43% profit, not 3%

Although I agree, it is market speculation, and politicians barking that drive prices up.

Edit: I don't own an SUV.

But even at that, 9.43% isn't that much. In the investment world that would only be a mediocre return.

2006-04-28 08:36:01

#44

delta4bravo*nl*: Dutch Delight; +68|6992

I would love to see the price in the us to be the same as in europe.
Things need changing in the us on energy consumption why not start now....

2006-04-28 08:55:41

#45

Erkut.hv: Member; +124|6974|California

Agent_Dung_Bomb wrote:
Erkut.hv wrote:
Exxon Mobil Corp., the world''s top oil company, handed in its biggest-ever first-quarter profit Thursday, as record-high crude prices brought in sales of $89 billion, nearly a billion dollars a day for the year''s first three months. The net profit of $8.4 billion was a 7% jump from the $7.86 billion it reported a year ago, driven by strong global energy demand and soaring prices.

89 billion of which 8.4 was profit = 9.43% profit, not 3%

Although I agree, it is market speculation, and politicians barking that drive prices up.

Edit: I don't own an SUV.
But even at that, 9.43% isn't that much. In the investment world that would only be a mediocre return.

I agree, in my business (Steel) we commonly see higher profit, but it's on a job to job basis. It also fluctuates when we need to get a job to meet bid. We LOWER profit to get a job, so we can keep our employees working.

I think a major problem is the lack of competiion amongst oil companies. They all play the game within a comfort zone, so the prices aren't allowed to be changed in any major way, unless that price is upward, of course, then all bets are off.

2006-04-28 09:09:17

#46

Kaosdad: Whisky Tango Foxtrot?; +201|6918|Broadlands, VA

The US has been VERY lucky (or smart, or whatever) with our gas prices. Hence the big SUVs out there (yes I own one, but I noly use it when the whole family goes out OR i have to pull a trailer for Church/Scouts/Marching Band). I have wondered how you all in the UK/Europe survive, but then I remember the fantastic public transport system you have (at least it was fantastic back in '76). Never been been to visit the Aussies so I don't know how you are set up for public transport.

But also consider this: approximatly 80% of the US Federal Government (President, VP, Congress) are HEAVILY invested personally in Oil. So, does it suprise anyone that oil profits are allowed to soare while the "lower class" in the US now need to make the choice: "Go to work? Feed the Baby? Buy Meds?"

You also have to admit that it's odd that Americans will scream at $3.00/gal gas prices, but chuck out $3.00/gal for milk or $45/gal for Jack Daniels'

edited for freaking tyops

Last edited by Kaosdad008 (2006-04-28 09:10:06)

2006-04-28 09:27:10

#47

pfc_toecutter: meatshield; +38|6857|Houston, TX

elite wrote:
british prices are TWICE as much as the usa, so dot moan, we are the ones gettin all the bullshit

What amount do you pay in tax on gas and for what does that pay?

oops...72% ouch!

Last edited by pfc_toecutter (2006-04-28 09:35:20)

2006-04-28 09:33:28

#48

GunSlinger OIF II: Banned.; +1,860|6883

how the fuck is the gas station that i go to gonna raise their price of gas from $2.99 to $3.25 a gallon within a period of a week

2006-04-28 09:40:30

#49

Erkut.hv: Member; +124|6974|California

GunSlinger OIF II wrote:
how the fuck is the gas station that i go to gonna raise their price of gas from $2.99 to $3.25 a gallon within a period of a week

California living man, gotta love it. We're only at about 3.13, but I feel the pain. Glad I work close.

2006-04-28 09:45:38

#50

KEN-JENNINGS: I am all that is MOD!; +2,979|6871|949

3.26 here

BF2S Forums Soaring Gas Prices

Erkut.hv wrote:

the_heart_attack wrote:

UnOriginalNuttah wrote:

Spark wrote:

pedigreeuk wrote:

pedigreeuk wrote:

007hutchy wrote:

Spark wrote:

pedigreeuk wrote:

pedigreeuk wrote:

Sh1fty2k5 wrote:

Erkut.hv wrote:

Erkut.hv wrote:

Agent_Dung_Bomb wrote:

Erkut.hv wrote:

elite wrote:

GunSlinger OIF II wrote:

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