Anyone else notice how the price of gas has quietly crept back up again? I paid $3.83 this morning in La Plata. I imagine it'll go back down in time for the election.

Anyone else notice how the price of gas has quietly crept back up again? I paid $3.83 this morning in La Plata. I imagine it'll go back down in time for the election.

Probably will go down a little after summer.
Then over $4 from then on.

They are saying it is up because of the unrest with Iran and because of more demand of fuel as a result of the better than expected job increase in the U.S.

I kid you not.

They are saying it is up because of the unrest with Iran and because of more demand of fuel as a result of the better than expected job increase in the U.S.I kid you not. What job increase is this? :confused: Must be all those Green jobs obamy created.

Didnt same years back exxon release a press statement saying they were halting production for a bit because they had too much? I wish someone would check the books on these big oil companies to see if they can justify their outrageous prices.

They are saying it is up because of the unrest with Iran and because of more demand of fuel as a result of the better than expected job increase in the U.S.

I kid you not.

I wish they would just say it went up because....well....um...the sky is blue?

Government really has nothing to do with it. Oil speculators set the prices and generally they are a group of guys who have significant stock interest in big oil. Funny how some want government to step in and regulate the oil industry all while calling the government socialists in the same breath. LoL The walking hypocrisy we Americans are today....

Anyone else notice how the price of gas has quietly crept back up again? I paid $3.83 this morning in La Plata. I imagine it'll go back down in time for the election.

Yup and note how fast it got jacked back up just a few weeks ago when it started to, finally, fall.

We have an unspoken national and foreign energy policy; oil at or around $100 and that's it. Not subject to debate. The oil companies and our foreign opponents are quite satisfied with the current situation. However, it's been, on average, since 2003, a $500 billion a year tax on the economy. That's pushing $5 trillion dollars over a decade with a government that thinks a trillion over a decade is an enormous hardship to government to lose and it, high oil, harms our economy where it is most vulnerable; working men and women most.

Our economy can not recover unless and until energy prices fall by over half and housing and student loans are written down significantly. It just can't. All this quantitative easing does not and can not put money where we've needed it most since this mess started; in the pockets of working people.

It's just that simple.

Didnt same years back exxon release a press statement saying they were halting production for a bit because they had too much? I wish someone would check the books on these big oil companies to see if they can justify their outrageous prices.

YOu must be an Obama supporter.

While I don't like paying higher gas prices, it's still supply and demand in a free market economy.

Our, the consumer, alternative is to use less. Cut back on using petroleum based products for energy and other things.

Oh, and to the OP - DAMN you got jacked in La Plata. I was only 3.5? at the Wa Wa at Rt 4 / 235.

FWIW, It doesn't creep up any more, it jumps by nickles and dimes now.
It was at 3.334 last Thursday, jumped up over the weekend and now is over 3.50. Almost

YOu must be an Obama supporter.

While I don't like paying higher gas prices, it's still supply and demand in a free market economy.

Our, the consumer, alternative is to use less. Cut back on using petroleum based products for energy and other things.

Oh, and to the OP - DAMN you got jacked in La Plata. I was only 3.5? at the Wa Wa at Rt 4 / 235.

FWIW, It doesn't creep up any more, it jumps by nickles and dimes now.
It was at 3.334 last Thursday, jumped up over the weekend and now is over 3.50. Almost




Nope im sure not. Sorry to bust your bubble.

YOu must be an Obama supporter.

While I don't like paying higher gas prices, it's still supply and demand in a free market economy.

Our, the consumer, alternative is to use less. Cut back on using petroleum based products for energy and other things.

Oh, and to the OP - DAMN you got jacked in La Plata. I was only 3.5? at the Wa Wa at Rt 4 / 235.

FWIW, It doesn't creep up any more, it jumps by nickles and dimes now.
It was at 3.334 last Thursday, jumped up over the weekend and now is over 3.50. Almost

Gas by my house was $3.55 last week then went to $3.60 this past weekend today I drove by and it was $3.70 !!!

Didnt same years back exxon release a press statement saying they were halting production for a bit because they had too much? I wish someone would check the books on these big oil companies to see if they can justify their outrageous prices.

The oil companies buy the oil on the global market. The price at the pump is a combination of the price of the oil, plus the cost to refine, blend, distribute, market, etc.

September oil is at $92.16/bbl today, up from about $87.50 last Thursday.

Yes, the oil companies make huge profits, but it's because they deal in massive volume. If you want to blame anyone, blame those who drive the oil prices like OPEC and those who are limiting and preventing production from US reserves.

The oil companies buy the oil on the global market.

And the global 'market' is directed and influenced and, in most cases, DIRECTLY controlled by governments. We're pretty much the only ones that pretend it's an actual market so, we ham hand and bumble our way around, never acting in our own national interest.

The oil companies buy the oil on the global market. The price at the pump is a combination of the price of the oil, plus the cost to refine, blend, distribute, market, etc.

September oil is at $92.16/bbl today, up from about $87.50 last Thursday.

Yes, the oil companies make huge profits, but it's because they deal in massive volume. If you want to blame anyone, blame those who drive the oil prices like OPEC and those who are limiting and preventing production from US reserves.

Don't forget the cost of biofuel is going to help raise the cost because of the failed corn crop. Of course we really need that in our gas.

Don't forget the cost of biofuel is going to help raise the cost because of the failed corn crop. Of course we really need that in our gas.

Yep. Take what we're putting into our gas tanks and feed the cattle, and presto we don't have food prices through the roof like is about to happen.

Who is the genius that thought of using food as energy? My grandchildren will look at me in wonder and ask "is it true that you had so much extra food that you burned it?"

Don't forget the cost of biofuel is going to help raise the cost because of the failed corn crop. Of course we really need that in our gas.

Ah, yes but, failed corn, stuff that is no good for human food or even cattle feed, can still be very much used for ethanol. We shouldn't just blanket say 'corn ethanol is a 100% bad thing'.

The oil companies buy the oil on the global market. The price at the pump is a combination of the price of the oil, plus the cost to refine, blend, distribute, market, etc.

September oil is at $92.16/bbl today, up from about $87.50 last Thursday.

Yes, the oil companies make huge profits, but it's because they deal in massive volume. If you want to blame anyone, blame those who drive the oil prices like OPEC and those who are limiting and preventing production from US reserves.
While OPEC has a significant hand in the price, I think the biggest influence now is the specualtors. As you said, the oil companies buy on the open market, through brokers (speculators). The crude on a tanker from the Persian Gulf will got bought and sold several times over before it shows up in a refinery in the US.

I think that's the reason the day is gone where you could predict oil prices based on events in the Middle East.

My predictin is to simply drive by and see what the sign says today and just jhope it goes down before I need to make a purchase.

Ah, yes but, failed corn, stuff that is no good for human food or even cattle feed, can still be very much used for ethanol. We shouldn't just blanket say 'corn ethanol is a 100% bad thing'.

How do you figure they can get the necessary guts from the corn for ethanol if the corn is poor enough that a cows guts can't do it...:confused:


Question: How is Ethanol Made?
Answer: Ethanol can be made from any crop or plant that contains a large amount of sugar or components that can be converted into sugar, such as starch or cellulose.

Ah, yes but, failed corn, stuff that is no good for human food or even cattle feed, can still be very much used for ethanol. We shouldn't just blanket say 'corn ethanol is a 100% bad thing'.

I heard the corn wasn't even making kernals. Or if it was it was only a few.

I heard the corn wasn't even making kernals. Or if it was it was only a few.

It's gonna be,pretty bad this year.

It's gonna be,pretty bad this year.

I think I don't like this year.

How do you figure they can get the necessary guts from the corn for ethanol if the corn is poor enough that a cows guts can't do it...:confused:


Question: How is Ethanol Made?
Answer: Ethanol can be made from any crop or plant that contains a large amount of sugar or components that can be converted into sugar, such as starch or cellulose.

Second generation techniques are starting to use the whole plant.

Second generation techniques are starting to use the whole plant.

Cool. How efficient is that I wonder?

Second generation techniques are starting to use the whole plant.

Larry, I've been to Frederick recently and I can tell you the Frederick area "dried up drought corn" looks lucious compared to the crisp brown, zero-moisture stalks we have in St. Mary's... I just can't see how any process can get anything sustainable out of brown, sun_dehydrated material.

Larry, I've been to Frederick recently and I can tell you the Frederick area "dried up drought corn" looks lucious compared to the crisp brown, zero-moisture stalks we have in St. Mary's... I just can't see how any process can get anything sustainable out of brown, sun_dehydrated material.

We aren't real bad and not much, if any, of this goes to ethanol. Out west is bad, Oklahoma, Iowa, etc.

Cool. How efficient is that I wonder?

Corn sucks to begin with but, its an enormous constituency. I think it fakes it from something like 200 gallons an acre with good corn to a third more? Point now is that it can make bad corn about as productive as good corn using the first gen process. Celluose is kinda promising for a number of otherwise crap crops in otherwise bad places.

We aren't real bad and not much, if any, of this goes to ethanol. Out west is bad, Oklahoma, Iowa, etc.Larry, you hurt my head... I'm not saying Maryland supplies the ethanol industry but rather I know how bad our corn AND stalks look in Southern Maryland and we aren't as dry as the mid-west.....SOOOOOOOOO..... How are they going to do any better with extracting blood from the Oklahoma and Iowa sun-dehydrated turnips (so to speak).

:banghead:

Larry, you hurt my head... I'm not saying Maryland supplies the ethanol industry but rather I know how bad our corn AND stalks look in Southern Maryland and we aren't as dry as the mid-west.....SOOOOOOOOO..... How are they going to do any better with extracting blood from the Oklahoma and Iowa sun-dehydrated turnips (so to speak).

:banghead:

Well, maybe there won't be ANY for methanol??? All I know is that they were interviewing corn farmers out there and asking them how they'd deal with this and they all said it would go to ethanol. :shrug:

Given it is a government deal, perhaps all they have to do is show up with something that could, maybe, be corn and they get paid? I don't know. Why you are applying logic and reason to a government program is well beyond me, my dear.

They are saying it is up because of the unrest with Iran and because of more demand of fuel as a result of the better than expected job increase in the U.S.

I kid you not.

Who is saying that? It's kind of silly. Oil and commodity gas prices have been climbing since the end of June, and the move has been pretty substantial. The employment report on Friday did bolster equity markets to some extent and thus, for the same reasons, oil prices to some extent. But that price effect wouldn't have filtered through to retail prices yet. Retail prices have been climbing because commodity prices had been climbing just prior. And most of that is the result of more optimism with regard to Europe's fate. European equity markets have been pretty hot lately. And European oil prices have been the primary driver of oil prices in general.

The oil markets are remarkably consistent right now. When expectations regarding the global economy (which have tended to focus on Europe of late) improve, oil prices climb; when those expectations decline, oil prices fall. We see it on shorter-term bases (e.g. each day) and longer-term bases (e.g. each week or month). I don't see that dynamic changing anytime soon, it can't really.

only use vpower from shell.

today i paid 3.96 at shell with the 5 cents off thursday deal in Charlotte Hall. then drive past Bryantown store Shell and it was 10 cents more, then Shell at rt.5 and beantown was another 4 cents more. not very competitive

So, even with the massive failures of corn, the government ethanol madate remains. It usually takes about 40% of the corn crop to make the required amount of ethanol. With a decreased supply and a mandated ethanol production, the amount of feed corn is looking about as bad as it's ever been.

Anyone notice that the price of beef is going down? Wonder why? Ranchers know they won't be able to afford to feed large herds over the winter, so they are flooding the market now. Guess what that means for beef prices next spring....