Stop being a Gashole!

SERIOUSLY!

THIS YEAR - 2011

National average for gasoline this week is $3.66 (9/12/2011)

205.254.135.24...

A DECADE AGO - 2001

The same product 10 years ago in 2001 $1.46 (2001- date unknown)

Read more: wiki.answers.com...


TWO DECADES AGO

The same product 20 years ago in 1991 $1.14 (1991 - date unknown)

Read more: wiki.answers.com...

THREE DECADES AGO

The same product 30 years ago in 1981 was $1.38 (1981- date unknown)

www.1980sflashback.com...


"What is the point Janky, you moron?"

The point is my friends, you are getting gouged at the pump here in America, to the tune
of Hundreds of Billions of dollars a year.

"Well Janky, you don't understand, you are promoting communism suggesting such
an idea!"

Why no I'm not Chip, and here's why... I work for my money on the level, I put in my time
and I am honest, frankly I am sick of being sucked dry thank you very much! The truth of
the matter has nothing to do with hating capitalism or secretly trying to turn the U.S
Commie.

"Well Janky, you Commie devil spawn, you must think you're Karl Marx, burn in eternal hell!"

NO!!! I will kick the devil in the nuts repeatedly, got it? I am not Commie, I am not a Marxist,
I am American as any of you and I'm sick and tired of other Americans telling me that I can't
question the system around me. I am just sick and tired of being milked like a tit, it is pretty
simple -

"So Karl... I mean Janky, where's your proof?"

The Price of gas in 1981 was $1.38

The price dropped to $1.14 in 1991

A 28% decrease in ten years

The Price of gas in 1991 was $1.14

This price Jumped to $1.46 in 2001

A 28% increase in ten years


The price of gas in 2001 was $1.46

The price of gas today in 2011 is $3.66

A 250% increase in ten years

"Well Janky, this ain't mother Russia, things get more expensiver!"

Why yes they do, I know this, however the real kicker is when you realize the
difference between the three eras.

If you wanted to know the disparity between the three decades and the sheer insanity of
a 250% fluctuation, you need to look at the decade deflationary rate -28%* (81-91)
Which is conveniently canceled out by a movement in the opposite direction +28%(91-01).

Then you find the percentage of increase of this last decade 250%(01-11)

The difference between the inflationary figure of + 28% and + 250% is

892%

That means that the rate of gas increased nearly 9 times as much

As opposed to the decade prior...

That my friends is not free market or natural or odd, that is intent, and that is Criminal.

I want you to stop being a Gashole and start getting mad for a change!!!

Stop sticking up for the schemes and players that are here to bankrupt you and
your neighbors.

This business practice is not on the level, square or even remotely righteous

Thank You


*inflation not included as it is fixed due to its relationship to the gas prices and the inflation of
the base price as it correlates from decade to decade.

You don't list averages for any other year but this year?
I don't know whether you took the lowest price for that year or what.
Who do you want us to be mad at? US senators? Because they don't set the oil prices.
BP? Nope.
OPEC? There's a start. How do you propose doing anything against them?
Boycott gas altogether? More power to you if you can do that, and get enough others to join you.
There's nothing you can really do about gas prices. There won't be $2.00 gas. You're crazy if you believe Bachmann when she says that.

reply to post by Janky Red


Although you have a good point, elsewhere in the world we pay much much more than that. We pay around $1.30-$1.60 for a litre of petrol in aus which is a quarter of a gallon... In europe its even worse.

yep it has nothing do with inflation

or the price of a barrel of oil

or the fact there were less people driving

or there was more oil being produced

or the fact that oil refineries are decades old without a single new one built

or the rise of china and india consumption of oil

or bans on drilling in this country and the gulf

no no ats readers those evil big oil companies are ripping you off

Originally posted by Ghost375
You don't list averages for any other year but this year?
I don't know whether you took the lowest price for that year or what.

I tried to find average prices for the past and I used today as the current base.

The fact that the inflationary percentage number is in multitudes, it is way off

and appears to be artificially high.

Originally posted by BigBruddah
reply to post by Janky Red

 

Although you have a good point, elsewhere in the world we pay much much more than that. We pay around $1.30-$1.60 for a litre of petrol in aus which is a quarter of a gallon... In europe its even worse.

My point is not the price per say -

The point is that, the kind of activity that would raise a price nearly 9 times the previous fluctuation
indicates that something is fishy.

These prices were IMO the final straw on Americas back that started this Domino effect in 2008,
I assume that did impact AUS and Europe, no?

Originally posted by neo96
yep it has nothing do with inflation

or the price of a barrel of oil

or the fact there were less people driving

or there was more oil being produced

or the fact that oil refineries are decades old without a single new one built

or the rise of china and india consumption of oil

or bans on drilling in this country and the gulf

no no ats readers those evil big oil companies are ripping you off

892%

has nothing to do with natural flux (those things you listed)

Do you like being ripped off at the pump neo?

reply to post by Janky Red


I hope you'll allow me to add to these points.

In January 1980, a share of ExxonMobil stock was $3.45
Jan. 1990, it was $11.93
Jan. 2000, $39.43
Jan. 2010, $69.52

A gallon of gas today would buy you one share of ExxonMobil 30 years ago.

The major oil companies have produced record profits in the past decade, coincidentally while American gas prices have been at record highs.

Credit goes to Google Finance

ETA: For those that believe it's all the government's fault because the fuel tax is too high, I thought this would be of interest:

In 1980 the federal gas tax was $0.04/gallon.
In 1990, it was $0.09/gallon.
In 2000, it was $0.18/gallon.
In 2010, it was $0.18/gallon.

More info can be found at Free by 50.com

reply to post by Janky Red


yeah im pretty sure 2 billion new drivers in the past 10-20 years has effect the price of oil

i did forget that state taxation that goes into the equation but then agian its got nothing to with that

or the demand for oil has outpaced its supply remember now oh another thing

the more people competing to bring goods and services to market means lower prices what hand full of oil companies left who controls where and what they get to do?

you want cheaper gas get more people producing and open up new means of production.

Originally posted by neo96
reply to post by Janky Red

 

yeah im pretty sure 2 billion new drivers in the past 10-20 years has effect the price of oil

i did forget that state taxation that goes into the equation but then agian its got nothing to with that

or the demand for oil has outpaced its supply remember now oh another thing

the more people competing to bring goods and services to market means lower prices what hand full of oil companies left who controls where and what they get to do?

you want cheaper gas get more people producing and open up new means of production.

edit on 19-9-2011 by neo96 because: (no reason given)

I showed you three decades of very basic data

This last decade is not normal, if you had a fever that high you could melt ZINC or Lead with your bare hands.

All you have done is post a load of excuses for people you don't even know.

If by a miracle god told you that I was right in this one instance, would you be mad?

Drill
Baby
Drill

I'm with you on this, JR! We need to open up drilling, free market baby! Get some new companies, new refineries, new industry, new competition, lower prices!

Boo-Yah!

reply to post by Janky Red


Lets see.... the price in 1991 was US$1.14 and in 2011 it's US$3.66.

Inflation is usually set to make pricing double every 10 years.

Originally posted by beezzer
Drill
Baby
Drill

I'm with you on this, JR! We need to open up drilling, free market baby! Get some new companies, new refineries, new industry, new competition, lower prices!

Boo-Yah!

there are 6,500 leases currently being "un drilled" in the U.S

Tell those Gasholes to do it and lets BBQ the SOB's who manipulate the prices at the Macro level.

Originally posted by OccamAssassin
reply to post by Janky Red

 

Lets see the price in 1991 was US$1.14 and in 2011 it's US$3.66.

Inflation is usually set to make pricing double every 10 years.

reply to post by beezzer


You're missing the point beez...you're getting ripped off by the oil companies. If they build new refineries they'll increase their prices to 'cover the costs' of the new refineries. Open up new drilling sites? They'll do the same thing.

$30 billion in profit? Not enough to cover the costs, sorry, you need to pay another dollar per gallon.

Record prices=record profit, there's no external reason for the price increase. They're doing it because they can, it's collusion, conspiracy and price gouging.

You're getting f*d by the corporations and you're still blaming the government.

reply to post by Janky Red

But the prices increase 250% in ten years

at one point it was over 300% in 8 years time

But you fail to take into account that the period between 1991 to 2001 was only approx 23%.

The last ten years price hike has been due to a lack of sufficient price increase between the period 1991 to 2001.

If you take all the data into account from the 1950's or 1960's you'll notice that the fuel companies have been keeping the price artificially low to prolong our use of fossil fuels....This is the real conspiracy here!

Think, if fuel increased in price like everything else....by now(2011) it would probably be too expensive to use and we would have been forced to find more efficient means of transportation.....sadly, the internal combustion engine is still our main means of propulsion instead.

reply to post by neo96


Spoken like a true neocon.

Originally posted by OccamAssassin

But you fail to take into account that the period between 1991 to 2001 was only approx 23%.

We pay Billions upon Billions to subsidize this sector, the period of time before 81-91 the corollary was
-28%. The US is not the same case as AUS....

The last ten years price hike has been due to a lack of sufficient price increase between the period 1991 to 2001.

No it is not, it is due to speculation

HERE
www.abovetopsecret.com...

HERE
www.abovetopsecret.com...

You're adding to the devils fire
the political insanity here...

In America, blue is no longer blue, up can mean sideways, down, left, right

Originally posted by Janky Red

Originally posted by OccamAssassin

But you fail to take into account that the period between 1991 to 2001 was only approx 23%.

We pay Billions upon Billions to subsidize this sector, the period of time before 81-91 the corollary was
-28%. The US is not the same case as AUS....

The last ten years price hike has been due to a lack of sufficient price increase between the period 1991 to 2001.

No it is not, it is due to speculation

Speculation???

I'm not speculating, I am applying simple mathematics.

1991 price(quoting your figure here) is US$1.14

the 2001(again, this is your figure) price US$1.40

This is an increase of approximately 23%.

The price gouging is in reference to the fact that you will find that when the barrel price goes up....the pump price increases - pretty much - instantly. But, when the barrel price goes down, we don't see the pump price go down for about 2 weeks.

Keep in mind that the world oil prices were also kept artificially low because of UN trade sanctions imposed on Iraq during Saddam's reign. He was selling his oil to Russia, China and France for a piddly US$19 per barrel when the rest of the world was paying close to US$30 per barrel. Russia & China were (at the time) in the top five of oil consumers in the world and willing to ignore the trade sanctions in order to have cheaper fuel. This alone kept the world oil prices low for over 20 years.

Originally posted by links234
reply to post by beezzer

 

You're missing the point beez...you're getting ripped off by the oil companies. If they build new refineries they'll increase their prices to 'cover the costs' of the new refineries. Open up new drilling sites? They'll do the same thing.

$30 billion in profit? Not enough to cover the costs, sorry, you need to pay another dollar per gallon.

Record prices=record profit, there's no external reason for the price increase. They're doing it because they can, it's collusion, conspiracy and price gouging.

You're getting f*d by the corporations and you're still blaming the government.

Sure the oil companies are gouging.
But not opening up drilling won't decrease price either.
Get rid of the EPA wee'ing themselves over every square parcel of land. Open drilling up to new corporations, new businesses, and competition will bring the price down.