PDA

View Full Version : oil over $70.00 a barrel



Riomouse911
04-18-2006, 02:15 AM
Oil hit 70 skins a barrel on Monday, a new record. I was on the phone with Secondplace today talking about gas prices. He works for Benz, and they are seriously fearing station prices at or above $4.25/g during the "driving season" this summer and maybe beyond. I also spoke with a couple of folks in the boating and one in the RV industry, and despite good sales of new boats and RV's they, too, are fearing that people are going to start shying away from recreational boating/RV'ing because every trip will cost a fortune at the pumps.
I know my crowd is starting to set up "river-pools" so we drive together instead of all of us rolling in our own rigs, and we're going to do a "your boat this trip, mine next trip" rotation for the same reasons. Anyone else not looking forward to $400.00 fuel bills every other weekend at Chevron and 76?

Huckleberry
04-18-2006, 02:16 AM
Thank God I filled up my boat two weeks ago. Even then it cost me $400 to fill it up.

Riverjet502
04-18-2006, 04:26 AM
Just curious now as to what hurricane the oil industry is now blameing the high fuel prices on now?

axkiker
04-18-2006, 04:32 AM
and its gonna keep getting higher until (we) the american people make a stand and stop it. The oil companies have no reason to lower the price nore do they care to. Their profits have trippled in the past 3 years. Would you lower the price of a product you sold if you didnt have to. Now for the hard part. What type of a stand do we make and how do we get the entire country on the same page. Until that question in answered we are pretty much screwed.

framer1
04-18-2006, 04:42 AM
It will come down when nobody can afford to drive anymore. I never thought I would think about not boating because of the price of gas. I'll probably do a lot more local boating this year(Naci) not to many trips to Havasu, if any. These price have to start hurting other types of business :mad:

Jbb
04-18-2006, 04:49 AM
Good thing I sold the Eliminator in favor of the paddle boat.....Passed the noise check at the launch ramp...barely.....I seem to make a lot of noise when breathing heavy from exertion.....after that.....It was all down hill... :p
http://www.happyholidaycabins.com/paddle.jpg

sorry dog
04-18-2006, 04:56 AM
...nice life jackets :)

Jbb
04-18-2006, 04:58 AM
...nice life jackets :)
Notice ...her's ...is undone.... :p

hoolign
04-18-2006, 05:56 AM
Oil hit 70 skins a barrel on Monday, a new record. I was on the phone with Secondplace today talking about gas prices. He works for Benz, and they are seriously fearing station prices at or above $4.25/g during the "driving season" this summer and maybe beyond. I also spoke with a couple of folks in the boating and one in the RV industry, and despite good sales of new boats and RV's they, too, are fearing that people are going to start shying away from recreational boating/RV'ing because every trip will cost a fortune at the pumps.
I know my crowd is starting to set up "river-pools" so we drive together instead of all of us rolling in our own rigs, and we're going to do a "your boat this trip, mine next trip" rotation for the same reasons. Anyone else not looking forward to $400.00 fuel bills every other weekend at Chevron and 76?
Thats great news! Oil company stocks pay very well!

a catered life
04-18-2006, 06:04 AM
Just curious now as to what hurricane the oil industry is now blameing the high fuel prices on now?
no hurricane fault this time its more now than it was after the hurricanes...i can feel the anal probe of the arabs pokeing at me :220v:

NOTALENT
04-18-2006, 06:19 AM
Yeah...I noticed when it costed $63.00 to fill up my truck...on 87octane!!!! :mad:

MagicMtnDan
04-18-2006, 06:21 AM
It's the same old story. The oil companies have all the control since the government allowed them to merge and acquire their way from over 100 companies down to a small number of huge corporations. That ended any chance for competition and it's now much easier for the big oil companies to control pricing throughout the entire system (from extracting the oil out of the ground to pumping it into your boat).
The oil companies other big win came when they worked together to cut back on refinery capacity which enabled them to create a false shortage. Here's how it works - when worldwide demand goes up the refineries can't keep up so the prices have to go up. There is NO SHORTAGE OF OIL or oil supply. The prices are a function of demand and how the big oil corporations control the supply of crude and refined product to the customer.
The all-time high prices coming soon to the gas pump near you is how these companies are going to ensure they'll be able to continue to see record profits! They're public companies and always have shareholder pressure to increase profits EVERY QUARTER.

a catered life
04-18-2006, 06:26 AM
It's the same old story. The oil companies have all the control since the government allowed them to go from over 100 companies down to a handful of huge corporations. There's no competition and it's much easier for the big oil companies to control pricing throughout the system (from extracting the oil out of the ground to pumping it into your boat). The oil companies big win also came when they cut back on refinery capacity to create a false shortage. When worldwide demand goes up, the refineries can't keep up so the prices go up. There is NO SHORTAGE OF OIL or oil supply. It's all about how the big oil corporations manage the supply of crude.
These new all-time high prices is how these companies are going to ensure they'll be able to continue to see record profits! They're public companies and always have shareholder pressure to increase profits EVERY QUARTER.
well said

bite me
04-18-2006, 06:38 AM
Don't blame the small oil producers, we pay the same price as you at the pumps. With all of the government regulations we have to comply with and pay for, we are not the ones making the big bucks.