 |
 | Home | Contact Us | FAQ | Search & Site Map | Link to Us |
 | Sign In | Join | Other 45 Sites in Network |
Car Forum / Ford / Ford Mustang / September 2005Get Ready To Pay Four Bucks A Gallon
NEW YORK - Consumers can expect retail gas prices to rise to $4 a gallon soon, but whether they stay there depends on the long-term damage to oil facilities from Hurricane Katrina, oil and gas analysts said Wednesday. "There's no question gas will hit $4 a gallon," Ben Brockwell, director of pricing at the Oil Price Information Service, said. "The question is how high will it go and how long will it last?" Is the modern muscle car era over, and is return of the Mustang II just around the corner? Patrick '93 Cobra > NEW YORK - Consumers can expect retail gas prices to rise to $4 a > gallon soon, but whether they stay there depends on the long-term [quoted text clipped - 10 lines] > Patrick > '93 Cobra I watched with dismay the looting going on in New Orleans. The hurricane hit on Monday. Prices at my local station went up 30 cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. Right now, I see no difference between the looters and the gas station owners. dwight > > NEW YORK - Consumers can expect retail gas prices to rise to $4 a > > gallon soon, but whether they stay there depends on the long-term > > damage to oil facilities from Hurricane Katrina, oil and gas analysts > > said Wednesday. > > "There's no question gas will hit $4 a gallon," Ben Brockwell, director > > of pricing at the Oil Price Information Service, said. "The question is > > how high will it go and how long will it last?" > > Is the modern muscle car era over, and is return of the Mustang II just > > around the corner? > I watched with dismay the looting going on in New Orleans. > The hurricane hit on Monday. Prices at my local station went up 30 > cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. > Right now, I see no difference between the looters and the gas station > owners. dwight, It's soon going to look like 1974 all over again. You remember, dwight. You couldn't give away a "gas guzzler." The old muscle cars were pushed out to pasture. It's now set to happen to our latest breed too. Not to mention the scores of overweight SUVs. If gas prices continue to escalate you'll be able to buy any of those "big rigs" for the paper money you happen to have in your wallet. Imagine a big sign... Hummers, 80% off. And to think, GM recently put all their fresh eggs into the SUV market by killing investment in new sedans in order to rush a fresh set of big SUVs to market... Patrick '93 Cobra >> > NEW YORK - Consumers can expect retail gas prices to rise to $4 a >It's soon going to look like 1974 all over again. You remember, >dwight. You couldn't give away a "gas guzzler." The old muscle cars >were pushed out to pasture. It's now set to happen to our latest breed >too. Not to mention the scores of overweight SUVs. It's already started. Car manufacturers have already begun downsizing SUVs models. They say because the price of fuel will really cut sales. As it was back then, I already see 4X4s and SUVs sitting along the roads with For Sale signs. >If gas prices continue to escalate you'll be able to buy any of those >"big rigs" for the paper money you happen to have in your wallet. >Imagine a big sign... Hummers, 80% off. And to think, GM recently put >all their fresh eggs into the SUV market by killing investment in new >sedans in order to rush a fresh set of big SUVs to market... Gas prices will continue to rise, but the pundits have already said the high prices can not be sustained long term because of the impact on societies around the world, and the changes which would have to happen. That includes the possibility of world conflict over fuel. One of the oil company execs just stated that he didn't believe the price per barrel could be sustained at even $50 per barrel. And OPEC is already hedging. Nothing has changed yet, but it likely will. The damage brought by Katrina were not projected. In fact some believed the hurricane season was pretty much over. Meteorologists, however, say major hurricanes should be expected for up to another 40 years, if, as they suspect, the world is in a cycle of severe weather as has been recorded in the geological records. >Patrick >'93 Cobra Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! >> > NEW YORK - Consumers can expect retail gas prices to rise to $4 a >> > gallon soon, but whether they stay there depends on the long-term [quoted text clipped - 31 lines] > Patrick > '93 Cobra Good thing I just bought the bicycle. I can see myself pedalling to work next year, when gas hits $6.00. :() > The hurricane hit on Monday. Prices at my local station went up 30 > cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. > > Right now, I see no difference between the looters and the gas station > owners. They charge based on what it will cost to *replace* what is already in the tank. That's Business 101. > They charge based on what it will cost to *replace* what is already in > the tank. That's Business 101. Yet, when the price to replace the fuel goes down, they say 'but we paid the high price for what's in the tank now'. IMO, fair pricing picks one or the other, not the highest at any given time. The only solution is to not buy (as much). >> They charge based on what it will cost to *replace* what is already in >> the tank. That's Business 101. [quoted text clipped - 4 lines] >IMO, fair pricing picks one or the other, not the highest at any given >time. Fair pricing? I thought for a business it was supply and demand setting the rates. If a station is paying X they need a minimum profit of Y to remain in business. And if it looks like they are going to have to pay even more for the next delivery (if and when they can get it) better for the to charge more than to lag behind the curve. >The only solution is to not buy (as much). Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! >> The hurricane hit on Monday. Prices at my local station went up 30 >> cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. [quoted text clipped - 4 lines] > They charge based on what it will cost to *replace* what is already in > the tank. That's Business 101. Baloney. I heard a station owner interviewed on the radio. When asked why she raised her price so much, she said, "Because everyone else did." Look - I understand fair market value and the price that the market will bear, and all that. But this is thievery. Plain and simple. When the station pays a higher price for their product, I'll pay a higher price for what I buy. THAT is business 101. dwight > >> The hurricane hit on Monday. Prices at my local station went up 30 > >> cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. [quoted text clipped - 17 lines] > > dwight Actually, if you want gasoline, you'll pay whatever the stations charge. THAT is reality 101. Dave > I heard a station owner interviewed on the radio. When asked why she raised > her price so much, she said, "Because everyone else did." So one owner you heard on a radio is extrapolated into everyone. Great. >>I heard a station owner interviewed on the radio. When asked why she raised >>her price so much, she said, "Because everyone else did." > > So one owner you heard on a radio is extrapolated into everyone. Great. I own a gas station. In general, I have tanks large enough so that I get approximately one delivery of about 10,000 gallons a week. I got gas yesterday. A week ago, I paid approximately $2.75 for regular. That price is based on the "rack price" at the loading terminal. I pay about 3 cents over rack. Some pay more, some pay less (depending on volume). Today, I got a load of gas and MY cost off the tanker truck was about $3.25. So that's a 50 cent change in just 7 days. So all this talk about "price gouging" is a bit confusing. While I'm sure there are people out there who are taking advantage of the situation, most station owners are doing what I do...they take the price of gas as it came off the truck, add their usual margin, and change their prices. Gasoline is a commodity. You can't charge an arm and a leg over the competition without going out of business. If there are people taking advantage of this situation, I hope they are dealt with harshly. Cheers, > >>I heard a station owner interviewed on the radio. When asked why she raised > >>her price so much, she said, "Because everyone else did." [quoted text clipped - 14 lines] > of gas as it came off the truck, add their usual margin, and change > their prices. Things are done considerably differently, around here (Iowa). We have 6 stations in this town of 15,000. When one changes it's price, they all follow suit within about 3 hours. The price has nothing to do with the cost when the tanks were filled, since the price changes sometimes 3 or 4 times a day. The one's that I've asked said that they get a call from their distributors, telling them what they have to charge. Dave >Things are done considerably differently, around here (Iowa). We have 6 >stations in this town of 15,000. When one changes it's price, they all [quoted text clipped - 4 lines] > >Dave Is it possible these 6 stations are being supplied by the same distributor? While I may be in error, I was led to believe the major stations (ie Exxon vs 7/11) are somewhat controlled by the corporation. That the owners are told how much they are permitted to charge over what they pay. According to the latest news reports, while there were complaints of ripping off the consumers, the investigations have revealed that it is not near as widespread as people reported. Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! >>Things are done considerably differently, around here (Iowa). We have 6 >>stations in this town of 15,000. When one changes it's price, they all [quoted text clipped - 16 lines] > ripping off the consumers, the investigations have revealed that it is > not near as widespread as people reported. A lot of stations these days are owned by the refiners or by corporations who bundle together 20+ stations. The days of the independent "mom and pop" shop are numbered as it is just not possible to compete against companies who can purchase in amounts one or two orders of magnitude greater. Their cost is often 10-20 cents/gallon cheaper. So they can sell gas at your COST and still make a tidy profit. So if all the stations in this fellow's town are owned by a major refiner, it's not surprising at all that their prices change on a daily basis and almost in unison. The major refiners all have similar costs to produce their product. It's a commodity. Cheers, > >Things are done considerably differently, around here (Iowa). We have 6 > >stations in this town of 15,000. When one changes it's price, they all [quoted text clipped - 7 lines] > Is it possible these 6 stations are being supplied by the same > distributor? No. Until recently, they were divided between two dist's, one 50 miles to the west and the other, 30 miles to the east. In the past year, Murphy (walmart), and HyVee(grocery) have opened new stations, and I don't know who their distributors are. > While I may be in error, I was led to believe the major stations (ie > Exxon vs 7/11) are somewhat controlled by the corporation. That the [quoted text clipped - 4 lines] > ripping off the consumers, the investigations have revealed that it is > not near as widespread as people reported. I'm not suggesting that these stations are ripping anyone off. I'm not well enough informed on their pricing policies to make that determination. My comment was only in response to Ritz's post, as prices change freely around here(up and down), with no tankers in sight. BTW, the price dropped .04 today, to $2.95.9. Dave >>>I heard a station owner interviewed on the radio. When asked why she >>>raised her price so much, she said, "Because everyone else did." [quoted text clipped - 18 lines] > > Cheers, Wait... If I understand you correctly, you price your gas based on what YOU had to pay, not on what you EXPECT to pay for the NEXT shipment? That must be Business 100. dwight > Wait... If I understand you correctly, you price your gas based on what YOU > had to pay, not on what you EXPECT to pay for the NEXT shipment? > > That must be Business 100. Yes, I take the price of the gas that comes off the truck and add my margin and that's the price. I'm not in the commodities speculation business so I make the same % on a gallon of gas whether it's a dollar or five dollars a gallon. I'm not sure I understand your Business 100 comment. *shrug* > > Wait... If I understand you correctly, you price your gas based on what > > YOU had to pay, not on what you EXPECT to pay for the NEXT shipment? [quoted text clipped - 6 lines] > or five dollars a gallon. I'm not sure I understand your Business 100 > comment. *shrug* So, you don't change the price of the gas in your tanks as the market swings? It stays the same? How often do you get gas shipments? Do you average out the price? I'm only asking because most stations these days change their prices several times a day without getting new deliveries in between the price changes. They're charging more for existing gas when the market goes up. You don't do that? Best, doc >>>Wait... If I understand you correctly, you price your gas based on what >>>YOU had to pay, not on what you EXPECT to pay for the NEXT shipment? [quoted text clipped - 16 lines] > > You don't do that? If you'll read my original message, you'll see exactly what I do. But I'll repeat: I set the price when I take delivery of a truckload of fuel. That price is based on what I paid for THAT load of gas per gallon plus my margin. No, I don't change the prices on a daily basis. Why? The gas in the ground was bought at a fixed price. My cost for that fuel doesn't change based on market fluctuations before my next delivery so why should I change my price? I buy about 10,000 gallons a week and the price changes when I receive each load (unless MY cost hasn't changed). Again, I'm not in the business of speculating on commodities prices. If you want to play that game, you can do it a lot more easily than taking on all the other risks associated with owning a gas station. Personally, I think the guys that ratchet up prices the instant there is a spike so they can double or triple their margins until their next shipment are a bit slimy. But I guess I'm just old fashioned that way... Cheers, > The hurricane hit on Monday. Prices at my local station went up 30 > cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. > > Right now, I see no difference between the looters and the gas station > owners. Yep, pretty dang ridiculous. One particular station near me went from. $2.89 to $3.47! sometime Tuesday. I think they are all past $3.00 for regular. Hell, I gassed up the boat at the beginning of the season @ $3.00 marina price, which was high at the time. I'm thinkin' of drawin' down the tank to feed the cars, now. :( -- John C. '03 Cobra Convt. >I watched with dismay the looting going on in New Orleans. Looting, unfortunately, is a normal reaction to a major catastrophe. In New Orleans it's expected. The times which surprise me are when people in ghettos burn down their own homes (such as they are) and loot and burn the only stores which will operate in that environment. An example is Watts. >The hurricane hit on Monday. Prices at my local station went up 30 >cents/gallon since then, ON GASOLINE THEY ALREADY HAD IN THE TANK. It's kinda like unions. one union goes out on strike and the rest show support and solidarity by going out on strike even when they didn't need more benefits or pay. Here you have gas stations doing the same thing for their brother stations. >Right now, I see no difference between the looters and the gas station >owners. Major difference. Looters are doing something illegal, while what the gas stations are doing is legal. Looters can be shot legally. Gas station attendants can't. >dwight Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! >>I watched with dismay the looting going on in New Orleans. > [quoted text clipped - 18 lines] > gas stations are doing is legal. Looters can be shot legally. Gas > station attendants can't. Here is a horrible situation, yet we see innumerable examples of heroism and neighbors coming together. The looters are the exact opposite - "what's in this for me?" The station owners are the same. They see a catastrophe as an excuse to increase their profits on the gasoline they've already purchased. Sure, it's legal, but it's still looting. And it's despicable. dwight >Here is a horrible situation, yet we see innumerable examples of heroism and >neighbors coming together. The looters are the exact opposite - "what's in >this for me?" Some of those looters have been looting for food and water. Personally, I think that is justified. Not right, but justified. The ones who are stealing TVs, cars, etc, are totally wrong. >The station owners are the same. They see a catastrophe as an excuse to >increase their profits on the gasoline they've already purchased. Sure, it's >legal, but it's still looting. And it's despicable. Just wait until the contractors pour in to rebuild/refurbish as the have done in Florida in the past. >dwight Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! > Is the modern muscle car era over, and is return of the Mustang II just > around the corner? Hybrid Mustangs. *shudder* >> Is the modern muscle car era over, and is return of the Mustang II just >> around the corner? > > Hybrid Mustangs. > *shudder* Could be fine if ford did it right... guess you're right, ford wouldn't do it right. Say hi to modern mustang ii. I like the idea of lighter weight cars.  SignatureScotter >>> Is the modern muscle car era over, and is return of the Mustang II just >>> around the corner? [quoted text clipped - 4 lines] > Could be fine if ford did it right... guess you're right, ford wouldn't > do it right. Say hi to modern mustang ii. Until they get so light that a slight crosswind sends them airborne.... >I like the idea of lighter weight cars. Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! > Until they get so light that a slight crosswind sends them > airborne.... Flying cars! Brilliant! >> Is the modern muscle car era over, and is return of the Mustang II just >> around the corner? > >Hybrid Mustangs. better than a Pinto, or an AMC Pacer..... : 0 ) >*shudder* Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! >>Is the modern muscle car era over, and is return of the Mustang II just >>around the corner? > > Hybrid Mustangs. > > *shudder* You'd get excellent 60' times... Signature/ Garth - '83 GL V6stang Hatch <Former MW #7> \ | My V6stang: http://www.v6stang.com/v6stang | | RAMFM Merchandise: http://www.cafeshops.com/ramfm | \ Mail pgp@v6stang.com for secure reply information / > You'd get excellent 60' times... "Bye, honey. I'm going out to test the hybrid Mustang's 0 to 60 time. I'll be back in a about six hours." >>You'd get excellent 60' times... > > "Bye, honey. I'm going out to test the hybrid Mustang's 0 to 60 time. > I'll be back in a about six hours." Heh... Not 0-60, 60 foot. Hybrids will cover the first 60 feet on electric-only surprisingly fast, which is part of why they make excellent stop-and-go city cars. Signature/ Garth - '83 GL V6stang Hatch <Former MW #7> \ | My V6stang: http://www.v6stang.com/v6stang | | RAMFM Merchandise: http://www.cafeshops.com/ramfm | \ Mail pgp@v6stang.com for secure reply information / >>>You'd get excellent 60' times... >> [quoted text clipped - 5 lines] >Hybrids will cover the first 60 feet on electric-only surprisingly fast, >which is part of why they make excellent stop-and-go city cars. Just as VWs used to do from a standing start. You could just about make it across the intersection before you had your doors blown off by a Pinto.... Spike 1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok Vintage Burgundy w/Black Standard Interior; Vintage 40 16" rims w/BF Goodrich Comp T/A gForce Radial 225/50ZR16 KDWS skins; surround sound audio-video. Gad what fools these morons be.... Children are obscene but should not be heard Give me a peperoni pizza... or give me a calzone! > NEW YORK - Consumers can expect retail gas prices to rise to $4 a > gallon soon, but whether they stay there depends on the long-term [quoted text clipped - 10 lines] > Patrick > '93 Cobra Take a close look at who's predicting this. What he's really doing is getting you ready for the next round of price gouging. It's like the farmer who's "predicting" that he will charge $2 an ear for his corn next month. Signature.boB 1997 HD FXDWG - Turbocharged! 2001 Dodge Dakota QC 5.9/4x4/3.92 1966 Mustang Coupe - Daily Driver 1965 FFR Cobra - Finally on the Road! Fox News at noon showed a BP station in Metro Atlanta that was at $6.079 a gallon today . > NEW YORK - Consumers can expect retail gas prices to rise to $4 a > gallon soon, but whether they stay there depends on the long-term [quoted text clipped - 10 lines] > Patrick > '93 Cobra > Is the modern muscle car era over, and is return of the Mustang II just > around the corner? Are you telling me that you haven't seen those little hybrids tooling around the roads? That is the next Mustang II. Steve 72 Skylark Custom455 > NEW YORK - Consumers can expect retail gas prices to rise to $4 a > gallon soon, but whether they stay there depends on the long-term [quoted text clipped - 7 lines] > Is the modern muscle car era over, and is return of the Mustang II just > around the corner? It may be over for those who can't afford it, but high powered vehicles will probably be around for quite a while. What sucks about our high fuel prices is that we don't get anything for the extra money we spend - it's just more profit for the bu$h Oil Cartel.... - Ever wonder who benefits from the 150 MILLION U.S. taxpayer dollars spent each DAY in Iraq? http://www.commondreams.org/views04/0223-08.htm http://www.corpwatch.org/article.php?list=type&type=21 http://www.commondreams.org/ http://www.truthout.org/ http://www.prohibitioncosts.org/ http://thirdworldtraveler.com/ http://counterpunch.org/ http://responsiblewealth.org/ "They are waging a campaign of murder and destruction. And there is no limit to the innocent lives they are willing to take... men with blind hatred and armed with lethal weapons who are capable of any atrocity... they respect no laws of warfare or morality." -bu$h describing his own illegal invasion of Iraq. http://www.robert-fisk.com/iraqwarvictims_mar2003.htm "Our lives begin to end the day we become silent about things that matter." -- Martin Luther King Jr. "God told me to strike at al Qaeda and I struck them. And then he instructed me to strike at Saddam, which I did." -- George W. Bush "Hence today I believe that I am acting in accordance with the will of the Almighty Creator: by defending myself against the Jew, I am fighting for the work of the Lord." -- Adolf Hitler "To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public." -- Theodore Roosevelt (1918) Don't let bu$h do to the United States what his very close friend and top campaign contributor, Ken Lay, did to Enron... |
Reply to this Message |
 Sign In
 Join
 My Latest Posts My Monitored Threads My Blog My Photo Gallery My Profile My Homepage Start New Thread Enable EMail Alerts Rate this Thread
|
©2008 Advenet LLC Privacy Policy - Terms of Use
This website includes both content owned or controlled by Advenet as well as content owned or controlled by third parties.