View Full Version : Gas prices
1996 328ti 04-08-2006, 08:47 PM Just paid $2.97/gallon.
What is odd is that no one is complaining.
Not on the news, not on message boards. Aren't we now higher than post Katrina levels?
ebxgsxr 04-08-2006, 08:51 PM i know. gas is getting up there. killing me with my truck as a daily driver. but i guess that's the price of being able to drive.
sKunkman 04-08-2006, 10:01 PM I thought it was like 3.30 before? It was well over 3 I remember, most of the gas stations had blanks because they didn't have enough numbers to use all the 3s it required.
magnetic1 04-08-2006, 11:25 PM the thing is... it's been gradually rising this time and is not as shocking as before.
What really sucks is going to track events now... it costs $100+ just to tow to/from Summit Point.
I already cancelled a MidOhio event ... :(
gas prices are teh sux0rs
AlfaEric 04-09-2006, 02:00 PM Just paid $2.97/gallon.
What is odd is that no one is complaining.
Not on the news, not on message boards. Aren't we now higher than post Katrina levels?
Doesn't this thread count as a complaint? :stickoutt
---Eric
Biggins 04-09-2006, 02:54 PM It's VERY annoying and it's even more annoying seeing all the record profits that the oil companies have been reporting.
SpeedTheory 04-09-2006, 03:23 PM It's VERY annoying and it's even more annoying seeing all the record profits that the oil companies have been reporting.
4 cylinders FTW :).
Jeff M3 04-09-2006, 03:52 PM Gas has increased from around $.75 about 25 years ago to $2.50 for a gallon of regular ... adjusted for inflation ... gas is almost the same price as it was 25 years ago
Other stuff like cars, food, etc. have outpaced inflation and increased faster and in a larger magnitude than gas.
Dont get me wrong, I'm pissed that it costs $50 to fill up my ghey Saab, but a decent bit of the reason oil companies have record profits is they finally have put gas price increases inline with their cost increase (wages, transport, etc. that have all been rising at higher levels relative to the gas itself)
1996 328ti 04-09-2006, 05:27 PM Gas has increased from around $.75 about 25 years ago to $2.50 for a gallon of regular ... adjusted for inflation ... gas is almost the same price as it was 25 years agoI never quite understood that. A $2.00 bet at the track is still $2.00.
Maybe if I got a pay raise that kept up with inflation I wouldn't mind.
Gasoline is the only commodity that changes on a daily basis, sometimes hourly.
Doesn't this thread count as a complaint? :stickoutt
---EricNo. it's more of an observation.
Complaining about gas prices is like complaining about the weather.
Jeff M3 04-09-2006, 05:39 PM I never quite understood that. A $2.00 bet at the track is still $2.00.
But two dollars today buys less than two dollars did 10, 20, 30 years ago.
Gas changes partly on an hourly / daily basis because crude oil is traded on the market and ultimately this translates partly into effects on gas prices even though today's crude oil makes it to the pump quite a bit of time after it is traded
1996 328ti 04-09-2006, 05:55 PM But two dollars today buys less than two dollars did 10, 20, 30 years ago.
Gas changes partly on an hourly / daily basis because crude oil is traded on the market and ultimately this translates partly into effects on gas prices even though today's crude oil makes it to the pump quite a bit of time after it is tradedYes, $2.00 doesn't buy what $2.00 did 10 years ago, but you don't pay $10 for a $2.00 bet. I just don't buy that the same as when people say how high gas prices are in Europe. All I care about is the price of gas down the street.
Coffee, precious metals also change on a daily basis. They are just f'n with us. Just like Enron did. I want a 120tds.:buttrock
Jeff M3 04-09-2006, 06:34 PM Yea ... a 120 would be nice ... at least my boring saab gets an avg of 33 mpg on the highway
Mr. Maboomba 04-09-2006, 07:36 PM I just paid about $2.99/gallon. Ludicrous. I stick it to the man by buying my gas two gallons at a time. They can take my credit card fees and shove 'em.
Jeff M3 04-09-2006, 07:39 PM Really stick it to the man and buy two gallons on an Amex card ... highest fees
Jeff M3 04-09-2006, 07:39 PM Really stick it to the man and buy two gallons on an Amex card ... highest fees
1996 328ti 04-09-2006, 08:30 PM I just paid about $2.99/gallon. Ludicrous. I stick it to the man by buying my gas two gallons at a time. They can take my credit card fees and shove 'em.
Now you are on to something! :buttrock
F'k boycotting gas stations. Promote multiple small purchases.
ebxgsxr 04-09-2006, 09:34 PM damn, was just about $61 to fill up my truck.
motorwerks 04-09-2006, 09:49 PM Gas has increased from around $.75 about 25 years ago to $2.50 for a gallon of regular ... adjusted for inflation ... gas is almost the same price as it was 25 years ago
Other stuff like cars, food, etc. have outpaced inflation and increased faster and in a larger magnitude than gas.
Dont get me wrong, I'm pissed that it costs $50 to fill up my ghey Saab, but a decent bit of the reason oil companies have record profits is they finally have put gas price increases inline with their cost increase (wages, transport, etc. that have all been rising at higher levels relative to the gas itself)
while stand alone that seems like a convincing arument for getting raped by the oil companies, there is something that was missed in that theory. my budget as well as many americans didn't include fuel prices doubling. while i understand that gas prices haven't risen regularly with inflation, it still doesn't seem right, or necessary for them to make up that difference in less than a year. if the refinement cost, wages, ect. were that large of a factor, the increases would have been gradual. the excuses that they use for the increases seem to show the nature of their motives. :madflame:
magnetic1 04-10-2006, 01:20 AM I just paid about $2.99/gallon. Ludicrous. I stick it to the man by buying my gas two gallons at a time. They can take my credit card fees and shove 'em.
umm... that doesnt do anything but give profits to Visa/MC/Amex (who themselves are profit monsters).
Youre just screwing the gas station owners who really have no control over gas prices and make like 2 cents per gallon or less :nono
Mr. Maboomba 04-10-2006, 01:42 AM Eric, the average retail gasoline markup by the retailer is 9%. A slim margin to be sure - this is why you see convenience stores, service stations, and car washes attached to gas stations.
To be honest, I don't do it to stick it to the man. I do it because I'm a poor bastard who can't afford to let $40 in gas sit in the tank when I only use the car occaisonally.
x68monkeyx 04-10-2006, 01:54 AM Now you are on to something! :buttrock
F'k boycotting gas stations. Promote multiple small purchases.
i LOVE IT thats what im gonna do :buttrock
rotorhed 04-10-2006, 07:34 AM prices bounce around like they're manipulated by pork belly speculators...:shifty
Exxon seems to be the worst were I live. I was in NJ last weekend and prices were 20 - 25¢ a gallon LESS.
I have a choice of driving to Alabama in my BMW (super) or Protege5 (regular)..fun vs. economy...guess the economy part wins on that decision.
1996 328ti 04-10-2006, 07:56 AM Youre just screwing the gas station owners who really have no control over gas prices and make like 2 cents per gallon or less :nonoAren't most Exxon/Mobil gas stations corporate owned?
Mr. Maboomba 04-10-2006, 08:07 AM prices bounce around like they're manipulated by pork belly speculators...:shifty
Exxon seems to be the worst were I live. I was in NJ last weekend and prices were 20 - 25¢ a gallon LESS.
I have a choice of driving to Alabama in my BMW (super) or Protege5 (regular)..fun vs. economy...guess the economy part wins on that decision.
NJ has less state gax tax than MD.
thejaff 04-10-2006, 08:21 AM $2.97? Wow, I guess that $2.78 I paid the other day was a deal.
1996 328ti 04-10-2006, 08:47 AM $2.97? Wow, I guess that $2.78 I paid the other day was a deal.
I've seen it over 3.00 already.
With every fillup over $30.00 you get this.
GUINNESS 04-10-2006, 08:53 AM $3.07 at Exxon in Alexandria on Rt 1 just off 495. $3.04 in Alexandria on Washington near Madison. :( Have there been explanations on the news yet for this bs???
GoNz0 04-10-2006, 09:14 AM $8 a gallon in the uk, you can all shut up moaning now :)
tripleM 04-10-2006, 09:16 AM $3.07 at Exxon in Alexandria on Rt 1 just off 495. $3.04 in Alexandria on Washington near Madison. :( Have there been explanations on the news yet for this bs???
Yes. The often quoted oil analyst Shelby Lundberg (sp?) says the refinineries that were ravaged by Katrina, were taken off line to do repairs during the last couple of months since they weren't fully repaired right away after the hurricane.
While oil inventories are high, it's always the refineries that gets us in trouble.
So I guess the high prices will be here for awhile until the summer driving season is over & then winter is over....etc. You can see where the BS meter is headed.
GUINNESS 04-10-2006, 09:25 AM $8 a gallon in the uk, you can all shut up moaning now :)
Nope, not gonna do it.. not gonna stop moaning about it :D
Burtonpro30 04-10-2006, 09:28 AM It's 3.07 here in CT. for the Premium, I think Reguler us around 2.79. Its Fucking Gay I only put likt 5 dollars in at a time it makes it a little easier..
samm3 04-10-2006, 09:33 AM $3.16 in Potomac :eek:
AlfaEric 04-10-2006, 09:35 AM Really stick it to the man and buy two gallons on an Amex card ... highest fees
I usually charge it. My credit card used to give 5% cash back on gas purchases at the pump. I think they lowered it to 3% after the last big price increase. :rolleyes
---Eric
AlfaEric 04-10-2006, 09:35 AM I've seen it over 3.00 already.
With every fillup over $30.00 you get this.
:lol
---Eric
1996 328ti 04-10-2006, 01:13 PM $8 a gallon in the uk, you can all shut up moaning now :)
And your point is?
00bm00 04-10-2006, 01:53 PM I'd say george bush is loving this..money in his pocket.
TraderHal 04-10-2006, 02:39 PM it's a regressive tax.. so if we own BMW's we shouldnt be complaining
morganbressler 04-10-2006, 03:19 PM Thank got my car gets 34 MPG town, 39-40 Highway.
325i FTW!
Biggins 04-10-2006, 05:20 PM Thank got my car gets 34 MPG town, 39-40 Highway.
325i FTW!
Does it have an M42? My 4-cyl doesn't even come close to those numbers.
Mr. Maboomba 04-10-2006, 05:30 PM I get 26 mpg.
And your point is?
I think his point is that we still have it cheap for now. I would not drive a car if gas was $8 a gallon...I would get another R6 or other bike
thejaff 04-10-2006, 05:50 PM I get 26 mpg.
This last tank I got 27, but I wasn't getting on it as much and driving at more moderate speeds along 50 and the beltway. It's hard to go slow when the flow of traffic is doing 80 and you're afraid you'll get run off the road if you don't keep up.
x68monkeyx 04-10-2006, 07:01 PM i get 20mpg on average, and i usualy put in 11-13 gallons a tank, plus i have to use 91+
1996 328ti 04-10-2006, 07:08 PM I think his point is that we still have it cheap for now. I would not drive a car if gas was $8 a gallon...I would get another R6 or other bikeIf I was in GB I'd be able to buy a 4 cylinder BMW.
Just look at what the GB has to offer.
http://www.bmw.co.uk/bmwuk/modelselector/0,4628,1156___sit-bmwuk,00.html#
Just look at how many 1s are available.
http://www.bmw.co.uk/bmwuk/modelrange/0,4629,1156_1484__bs-MQ%253D%253D%2540bb-S08%253D,00.html
But we are NOT in GB. We are in the MAR so the price of gas in GB is irrelevant.
Neon01 04-10-2006, 07:43 PM ...if I got a pay raise that kept up with inflation I wouldn't mind...
You don't? In my industry (and most of the ones I'm familiar with) they call them "cost of living increases". In our economy its generally accepted that all your assets should be appreciating at 3-4% per year in order for you to just break even.
I completely agree with what you say about gas prices - they're ridiculous. However, the dynamics of the gasoline industry are interesting. The "fix" of lowering gas prices is a catalyst to many different dynamic loops, many times leading to an eventual rise in gas prices, here are some reasons why:
1. Increased demand. As more is consumed the finite supply disappears at an accelerated rate, the inevitable spike in prices will come sooner than it otherwise would.
2. Lower prices will make driving more attractive, yielding increased road congestion, pollution, commute times and in extreme cases, even decentralizing populations, eventually these will get bad enough to make driving less appealing.
3. In a variation of #1, increased demand will make people more inclined to buy larger (poorer mileage) vehicles, which will make car companies more inclined to develop, build and sell them, resulting in higher demand and, eventually, a rise in prices.
It's a complex system, and these are just a couple of the variables. Just look at it this way, gas prices may go up, but this could be just what we need... If nothing else, if they go up enough, it'll drive people off the road, making it more pleasant to drive, it'll force car companies to develop more efficient engines and vehicles, giving us more bang for our buck, it'll increase American independence on the oil industry, resulting in a stronger dollar, to name a few.
Just a thought.
magnetic1 04-10-2006, 08:54 PM Aren't most Exxon/Mobil gas stations corporate owned?
doesnt matter... either way, youre screwing yourself. Visa/MC/etc makes more $... and if the gas company loses $.. they raise prices more. :(
Kompressor 04-10-2006, 10:51 PM http://www.gasbuddy.com/gb_region.aspx?region=MD
thejaff 04-10-2006, 11:39 PM http://www.gasbuddy.com/gb_region.aspx?region=MD
Helpful. But I still know a cheaper place than all of those. :shifty
TraderHal 04-11-2006, 08:23 AM 14mpg average 10 mpg if i drive hard
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