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Peakoil.com :: View topic - Another Gasoline Record
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Another Gasoline Record
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AirlinePilot
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Joined: Apr 05, 2005
Posts: 2346
Location: South of Atlanta

PostPosted: Fri Jun 13, 2008 5:08 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

threadbear wrote:
We seem to be having an outbreak of pompous new posters on this thread and a few others. Interesting pyschologically, to many of us, including the more humble new posters. How quaint to watch them stick their big toe into the waters of alternative thought and then declare themselves Olympian swimmers. Those who have trouble keeping their heads above water, should resist bobbing up and down in the deep end of the pool while they hurl insults at swimmers, like Shortonoil, doing the butterfly around them. They should also try removing the anchor of academic conformity. It frees up the mind.


I don't think we have seen anything yet really. I was predictng this back sometime last year when we were still below 100$/bbl.

I'm guessing at some point it's going to get pretty ugly in here as denial seems to be such a powerful aspect of cornucopian thought.
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mark000
Coal
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Joined: Apr 29, 2008
Posts: 13

PostPosted: Sat Jun 14, 2008 4:52 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Ahhhh yes, the ultimate reason for doomerism: the sheeple have only 2 states: complacency or panic.
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biofuel13
Heavy Crude
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Joined: May 07, 2008
Posts: 213
Location: Chaska, MN

PostPosted: Sat Jun 14, 2008 9:56 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

AAA national average on Saturday: 4.073
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AirlinePilot
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Location: South of Atlanta

PostPosted: Sat Jun 14, 2008 11:36 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

mark000 wrote:
Ahhhh yes, the ultimate reason for doomerism: the sheeple have only 2 states: complacency or panic.


You forgot the most important one.

Lack of intelligence. There just are not that many folks trained to think and find answers for themselves, especially here in the states. The inability to grasp the concept tends to steer them in the wrong direction. It hampers our ability to come up with solutions.

It destroys our ability to bypass very tough times and lots of pain. I think that is why most of us who have been looking at this for any length of time are doomers.

I see no reasonable thought towards what Peak oil means and it is starting to appear we will waste far more effort on doing all the completely wrong things and playing the blame game instead of learning how to deal with less fuel and energy over the long haul.

It's important to try to find alternatives too, but we all know by now where that leads.
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AirlinePilot
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PostPosted: Sat Jun 14, 2008 12:09 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

I'll add one more very important and very prevalent characteristic when it concerns what is going on.


Denial.
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patience
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Posts: 1331

PostPosted: Sun Jun 15, 2008 4:23 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Gas was $3.999 here yesterday, but $4.15 in Louisville. Today, it runs from $4.089 to $4.159 in our town.
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mcgowanjm
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Joined: May 23, 2008
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PostPosted: Mon Jun 16, 2008 7:52 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

I don't think we have seen anything yet really. I was predictng this back sometime last year when we were still below 100$/bbl.

I'm guessing at some point it's going to get pretty ugly in here as denial seems to be such a powerful aspect of cornucopian thought.[/quote]

Past a certain point, the "experts" on the Titanic had two choices:

1-Scream at the passengers leaving the ship

2-Suicide.
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mcgowanjm
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PostPosted: Mon Jun 16, 2008 7:54 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

patience wrote:
Gas was $3.999 here yesterday, but $4.15 in Louisville. Today, it runs from $4.089 to $4.159 in our town.


Missouri, Joplin had $3.70 gas Saturday.

If the Coffeyville KS Refinery floods again, that will change.
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Arsenal
Heavy Crude
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Joined: Mar 18, 2008
Posts: 122
Location: Upstate New York

PostPosted: Mon Jun 16, 2008 8:12 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

I was in Bar Harbor Maine this past weekend and talked with a gas station owner. He told me the following.

1. He gets emails every day for pricing. current price is $4.14 for 87.
2. His price and the price of all the other stations is $4.19.
3. He bought a "unit" 5,000 gallons of gas for his station at $4.04 a couple of weeks ago.
4. After the credit card companies take their cut, paying for worker hours, lights, etc.. He is making about 1-3 cents a gallon or $50-$150 a unit.
5. If his supplier raises gas even 2-3 cents, his "profits" disappear and he is now forking over $100-200 out of his own pocket to get his gas.

This guy owns three stations and is selling tons of gas but is about to close down. Here is an interesting quote that he told me... "Have you ever heard of a business selling $20,000 dollars of merchandise and only getting $50 in profit or losing money and have it stay in business?"

Arsenal.
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biofuel13
Heavy Crude
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Joined: May 07, 2008
Posts: 213
Location: Chaska, MN

PostPosted: Mon Jun 16, 2008 9:03 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

AAA says national avg at $4.080 today and inching ever higher
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vision-master
Fusion
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Joined: May 18, 2006
Posts: 3832
Location: Minneapolis, MN

PostPosted: Mon Jun 16, 2008 9:14 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Arsenal wrote:
I was in Bar Harbor Maine this past weekend and talked with a gas station owner. He told me the following.

1. He gets emails every day for pricing. current price is $4.14 for 87.
2. His price and the price of all the other stations is $4.19.
3. He bought a "unit" 5,000 gallons of gas for his station at $4.04 a couple of weeks ago.
4. After the credit card companies take their cut, paying for worker hours, lights, etc.. He is making about 1-3 cents a gallon or $50-$150 a unit.
5. If his supplier raises gas even 2-3 cents, his "profits" disappear and he is now forking over $100-200 out of his own pocket to get his gas.

This guy owns three stations and is selling tons of gas but is about to close down. Here is an interesting quote that he told me... "Have you ever heard of a business selling $20,000 dollars of merchandise and only getting $50 in profit or losing money and have it stay in business?"

Arsenal.


Raise prices.
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shortonoil
Fission
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Joined: Dec 02, 2004
Posts: 2421
Location: VA USA

PostPosted: Mon Jun 16, 2008 9:38 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Quote:
I was in Bar Harbor Maine this past weekend and talked with a gas station owner. He told me the following.

1. He gets emails every day for pricing. current price is $4.14 for 87.
2. His price and the price of all the other stations is $4.19.
3. He bought a "unit" 5,000 gallons of gas for his station at $4.04 a couple of weeks ago.
4. After the credit card companies take their cut, paying for worker hours, lights, etc.. He is making about 1-3 cents a gallon or $50-$150 a unit.
5. If his supplier raises gas even 2-3 cents, his "profits" disappear and he is now forking over $100-200 out of his own pocket to get his gas.

This guy owns three stations and is selling tons of gas but is about to close down. Here is an interesting quote that he told me... "Have you ever heard of a business selling $20,000 dollars of merchandise and only getting $50 in profit or losing money and have it stay in business?"


True Vermonters vacation in Maine. Talk about carrying coal to New Castle! I used to
spend about a week every year around Bar Harbor and the beaches north of there.
Wonderful, beautiful area, and Maniacs are great people.

---------------------------------------

We can expect a lot of bizarre economic trends to come along with Peak. Like the most sought after commodity in the world after food, oil, with the highest prices in history, and nation wide we see that gas stations are selling out or going out of business. Refineries are barely making a profit, and if you included the replacement cost on their non-depreciated assets, they probably aren’t.

Oil wells are becoming holes in the ground into which one pours money, that in most cases, the owners aren’t going to get back. Prices go up and production goes down.

Peak Oil is changing all the old Died to Wolf rules about investment, money and economics. This is the era of paradigm change, and if you are carrying around a bundle of old ones, you will be lost in a world of nonsensical change.
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thor
Heavy Crude
Heavy Crude


Joined: Jun 21, 2005
Posts: 449

PostPosted: Mon Jun 16, 2008 10:15 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Holland, Western Europe:

Things appear to go bad really fast, we are now paying around $11.6/gallon for regular unleaded petrol! Confused
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charliehelyes
Heavy Crude
Heavy Crude


Joined: Mar 27, 2005
Posts: 105

PostPosted: Tue Jun 17, 2008 7:56 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

some petrol stations and now charging £1.99 a litre because of the fuel protests http://news.sky.com/skynews/picture_gallery/0,,91232-1319253,00.html 4th newspaper
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SchroedingersCat
Intermediate Crude
Intermediate Crude


Joined: May 26, 2005
Posts: 514

PostPosted: Tue Jun 17, 2008 8:39 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

My benchmark station here in S.F. is now $4.79 for regular. Premium is at $4.999!
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