I knew this would happen sooner or later but Holy Crap Batman. First it
was the price of steel and now it's oil. Even though I have switched
over to mostly WB stains and finishes I still have a few home brews that
require certain organic chemicals to complete. The price of one has gone
up 11% in 3 months while another has gone up 58%. When I asked about the
58% increase I was told that their supplier had had a long term supply
agreement with his supplier that has expired and his feed stock has
risen about the same %. I know that the WB will increase in price
somewhat because the resins, etc. use oil as feed stock but I am glad I
have spent the time investigating alternatives to traditional oil based
stains and finishes. And, I am glad I don't heat with oil or gas. Yes, I
am lucky to have my own wood supply. JG
I don't believe any state has raised fuel taxes this year.
--
Rumpty
Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start
- - - - - - - - - - - - - - - - - - - - -
"George" <George@least> wrote in message
news:[email protected]...
>
> "Rumpty" <[email protected]> wrote in message
> news:[email protected]...
> > Leon,
> >
> > IF oil were 30/bbl and pump price was 2.39 I'd agree with the refining
> > shortage, but when bbl price is 60/bbl that';s where it starts. IMHO,
our
> > administration wants pump price high, so they can do what they WANT with
> > respect to drilling, emissions etc.
> >
> > The immediate problem I see, the average US family is now out 2 - 300
USD
> > a
> > month due to increased fuel prices. That $300 a month was pissing money
> > they spent on furniture, clothes etc. which they no longer have to
spend.
> >
> > Most of my business associates sales are off 50% this season, and it
ain't
> > due to poor weather.
>
> Strange, we're still well below AlGore's suggested $3.00/gallon. Good to
> hear that some people are conserving fuel in spite of the ridiculously low
> price. Not to mention the state governments, who tax by gallon (excise),
> and then slap on an additional sales tax, are making out like bandits.
> That's who makes the most money from fuel, by the way. Not the sellers of
> crude, the transporters, the refiners, the wholesalers or the retailers -
> the government.
>
> $200 - 300 a month more? Must be driving a Hummer.
>
>
Personally, I am sick of all the price gouging going on being blamed on
oil.
As was pointed out, first it was steel. Let's look for a minute.
Yup... when steel when up .17 a ton, we saw all the big price increases
last year. For an industry that sat stagnant for years, this actually
is significant.
I know it has gone up since, but look where the current prices of iron
tools have gone in relation to price.
So, some quick math based on round fugures: Jet table saw (Powermatic,
Delta, whatever, this is just an example) weighs in at 500 lbs. Soo...
that means it used
1/4 of a ton, or 1/4 of our .17 cents increase. Rounding up, make it
an even .05 to keep the math simple.
How is it that the average iron tools went up around $100 to $200 in
the last 18 months? This started well before our current rate of fuel.
I am wondering... did Jet and their compadres put a bit more of iron
or steel in their machines?
If they did, our calculations should work approximately (I KNOW THEIR
ARE OTHER VARIABLES, but work with me here) like this: If the steel
went up .17 per ton, then to cover the $100 price increase on all small
machinery across the board that was being blamed on steel, our example
table saw would now weigh in accordingly:
$100 / .17 = 588.2 tons of iron. So using their logic (hey... its the
price of steel... the Chinese are buying everything in sight) our table
saw should weigh 588.2 tons, or 1,176,479 pounds!
Still buying off on that load of crap? Do any of these idiots put a
pencil to this before they foister that line of crap off on the public?
Change it to a dollar ton, or two dollars a ton, it is still
ridiculous to say it was someone other than manufacturers and
distributors.
Do the same with a quart of stain. How much of an oil product is in a
quart that would make it go up so much?
Certainly nothing along the lines you are talking about at a 58%
increase.
I just wish these guys would own up to it. They are screwing all of us
because they can. The end. No apology needed. No bogus yellow menace
undermining our economy, and no crocodile tears and hand wringing.
Woodworking is and has been the fastest growing hobby segment in the US
for years now. The demand is there, the pricing doesn't slow down the
purchases, nor does the lack of quality. So why not bend us over a
little more for the shareholders, eh?
What I wouldn't give to see someone at Jet (or any of the oil
companies) say, "well, we actually raised the prices because we wanted
to".
Robert
> I'm no expert but from what I understand it takes 13 days for gasoline
> to reach Michigan from the Gulf Coast area. Yet when the gulf oil
> platforms are evacuated because of weather, gasoline here instantly
> skyrockets before the helicopters even reach land.. Where's the
> 13-day cushion?
The supply is the total supply, including what you have in the ground.
Let's try an analogy.... Let's say you buy a fairly exotic car, that
maybe 500 were made, and 100 are sitting in the dealership. The other
400 of the other cars are on a ship sailing for the dealership. The
ship sinks, so there's only 100 left for purchase. Do you not think
that the value of the car goes up?
> And why does that same gasoline sell in Chicago for
> as much as 45 cents per gallon more, when it's coming from the same
> pipeline?
Taxes, mainly. Even local property taxes can be so different from city
to city that it accounts for prices difference.
Gas stations have a fairly small margin on gasoline.
George wrote:
> "Rumpty" <[email protected]> wrote in message
> news:[email protected]...
> > Leon,
> >
> > IF oil were 30/bbl and pump price was 2.39 I'd agree with the refining
> > shortage, but when bbl price is 60/bbl that';s where it starts. IMHO, our
> > administration wants pump price high, so they can do what they WANT with
> > respect to drilling, emissions etc.
> >
> > The immediate problem I see, the average US family is now out 2 - 300 USD
> > a
> > month due to increased fuel prices. That $300 a month was pissing money
> > they spent on furniture, clothes etc. which they no longer have to spend.
> >
> > Most of my business associates sales are off 50% this season, and it ain't
> > due to poor weather.
>
> Strange, we're still well below AlGore's suggested $3.00/gallon. Good to
> hear that some people are conserving fuel in spite of the ridiculously low
> price. Not to mention the state governments, who tax by gallon (excise),
> and then slap on an additional sales tax, are making out like bandits.
> That's who makes the most money from fuel, by the way. Not the sellers of
> crude, the transporters, the refiners, the wholesalers or the retailers -
> the government.
>
> $200 - 300 a month more? Must be driving a Hummer.
Or maybe they pay for goods and services.
I'm puzzled that petroleum costs can go up but inflation stays down.
--
FF
George wrote:
> "Rumpty" <[email protected]> wrote in message
> news:[email protected]...
> > Leon,
> >
> > IF oil were 30/bbl and pump price was 2.39 I'd agree with the refining
> > shortage, but when bbl price is 60/bbl that';s where it starts. IMHO, our
> > administration wants pump price high, so they can do what they WANT with
> > respect to drilling, emissions etc.
> >
> > The immediate problem I see, the average US family is now out 2 - 300 USD
> > a
> > month due to increased fuel prices. That $300 a month was pissing money
> > they spent on furniture, clothes etc. which they no longer have to spend.
> >
> > Most of my business associates sales are off 50% this season, and it ain't
> > due to poor weather.
>
>
Not to mention the state governments, who tax by gallon (excise),
> and then slap on an additional sales tax, are making out like bandits.
> That's who makes the most money from fuel, by the way. Not the sellers of
> crude, the transporters, the refiners, the wholesalers or the retailers -
> the government.
>
> $200 - 300 a month more? Must be driving a Hummer.
Cite on who's making what from oil?
It doesn't take a Hummer. Most families drive several vehicles these
days, and most of us are paying fuel premiums on everything that is
delivered, including electricity and oil related products for heating,
come wintertime. My newer, more efficient, cheaper fuel furnace runs
about 2-1/2 times what I was paying for fuel oil a few years ago.
George wrote:
> "Charlie Self" <[email protected]> wrote in message
> news:[email protected]...
> >
> > Cite on who's making what from oil?
> >
>
> Case of the lazies?
>
> At the pump in the boondocks yesterday $2.39 a gallon. Last I saw the
> volatile price, $1.31 per gallon ($58/44gal Bbl). Whip the 0.18.5 in
> Federal and .019 in State excise off, and it gives you $0.785 to transport
> it, refine it, wholesale it and hope to sell a soda for $4.20 a gallon to
> stay in business. That assumes an equivalence which is probably not valid,
> but should make it obvious who is the real winner. Neat thing is, they
> don't have to do a thing but let the cash flow in....
>
> Remember, the retailer has to price to take credit cards at 2% discount, so
> pay cash and give him a break.
Our local country store never went over $2.13.9, is today at $2.08.9,
and I have a charge account there. He's seldom the absolute lowest
around, but he's within 7 or 8 cents most of the time. My guess is at
least one station in Roanoke is at $2.05.9 or lower, though.
We usually have some of the lowest price gas in the U.S.
I always pay cash, unless I'm totally out of pocket and use a debit
card...almost never.
Wilson wrote:
> This is not an appropriate topic, BUT show me another country with better
> prices. My guess is that the more planned the economy, the higher the
> prices. That is most certainly true in Scandinavia and I believe most of
> modern Europe as well.
You're about right. Here are some per-gallon gasoline *taxes* from the
second quarter of 2004. Approximate, I'm reading a bar chart here.
Norway: $5.50
UK: $4.25
Netherlands: $3.90
Sweden: $2.50
U. S.: $0.28
Mexico (lowest): $0.25
I've lost the URL, but these estimate came from a big PDF file
entitled, "Energy: A Gathering Storm?" by Philip K. Verleger, Jr.,
Senior Fellow at the Institute for International Economics.
>the government.
Which pays for the roads.
--
Rumpty
Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start
- - - - - - - - - - - - - - - - - - - - -
"George" <George@least> wrote in message
news:[email protected]...
>
> "Rumpty" <[email protected]> wrote in message
> news:[email protected]...
> > Leon,
> >
> > IF oil were 30/bbl and pump price was 2.39 I'd agree with the refining
> > shortage, but when bbl price is 60/bbl that';s where it starts. IMHO,
our
> > administration wants pump price high, so they can do what they WANT with
> > respect to drilling, emissions etc.
> >
> > The immediate problem I see, the average US family is now out 2 - 300
USD
> > a
> > month due to increased fuel prices. That $300 a month was pissing money
> > they spent on furniture, clothes etc. which they no longer have to
spend.
> >
> > Most of my business associates sales are off 50% this season, and it
ain't
> > due to poor weather.
>
> Strange, we're still well below AlGore's suggested $3.00/gallon. Good to
> hear that some people are conserving fuel in spite of the ridiculously low
> price. Not to mention the state governments, who tax by gallon (excise),
> and then slap on an additional sales tax, are making out like bandits.
> That's who makes the most money from fuel, by the way. Not the sellers of
> crude, the transporters, the refiners, the wholesalers or the retailers -
> the government.
>
> $200 - 300 a month more? Must be driving a Hummer.
>
>
"Leon" <[email protected]> wrote in message
news:[email protected]...
> According to our local TV news in Houston, "now get this," The reason the
> price of crude oil is going up is because we do not have the capacity to
> refine it. The oil companies blame the emerging China economy but I don't
> believe that the Chinese are any more able to afford $2.25 per gallon than
> we are.
> Basically oil companies merge, they close refineries as a result of the
> merger, they create a perceived shortage because of the lack of
> refineries, they jack the price up. Has any one sat in any lines because
> of gas shortages lately? Right now you can buy gas in Conway, SC for
> $1.65 per gal and in Kershaw, SC you can get gas for $1.69 per gallon.
>
Can you really be that obtuse? The public - that's you, too, Leon has
created the shortage by their use of more, their dislike of refineries in
their back yards, and their contempt for the companies who are trying to get
them the goods at the lowest price.
See the shoot-from-the-hip "analysis" of iron as a function of tool cost in
reply, then figure where the cost of oil really lies. Hint, it's not
necessarily in the price of crude at a buck ten a gallon.
"LP" <[email protected]> wrote in message
news:[email protected]...
> On Mon, 25 Jul 2005 06:24:55 -0400, "George" <George@least> wrote:
>
> <snip>
>>Can you really be that obtuse? The public - that's you, too, Leon has
>>created the shortage by their use of more, their dislike of refineries in
>>their back yards, and their contempt for the companies who are trying to
>>get
>>them the goods at the lowest price.
> I'm no expert but from what I understand it takes 13 days for gasoline
> to reach Michigan from the Gulf Coast area. Yet when the gulf oil
> platforms are evacuated because of weather, gasoline here instantly
> skyrockets before the helicopters even reach land.. Where's the
> 13-day cushion? And why does that same gasoline sell in Chicago for
> as much as 45 cents per gallon more, when it's coming from the same
> pipeline?
>
> There may be legitimate reasons for all this but I have to think most
> of it stems from pure greed, starting with the oil companies, aided
> and abetted by those brain-dead "analysts" on Wall Street, and forced
> on us by the guy who operates the pumps.
I think you love conspiracy theories.
When you price a job which will use some of your on-hand inventory, do you
price it at acquisition cost or replacement cost? If you said the former,
you're a real nice guy who will go broke....
"Rumpty" <[email protected]> wrote in message
news:[email protected]...
> Leon,
>
> IF oil were 30/bbl and pump price was 2.39 I'd agree with the refining
> shortage, but when bbl price is 60/bbl that';s where it starts. IMHO, our
> administration wants pump price high, so they can do what they WANT with
> respect to drilling, emissions etc.
>
> The immediate problem I see, the average US family is now out 2 - 300 USD
> a
> month due to increased fuel prices. That $300 a month was pissing money
> they spent on furniture, clothes etc. which they no longer have to spend.
>
> Most of my business associates sales are off 50% this season, and it ain't
> due to poor weather.
Strange, we're still well below AlGore's suggested $3.00/gallon. Good to
hear that some people are conserving fuel in spite of the ridiculously low
price. Not to mention the state governments, who tax by gallon (excise),
and then slap on an additional sales tax, are making out like bandits.
That's who makes the most money from fuel, by the way. Not the sellers of
crude, the transporters, the refiners, the wholesalers or the retailers -
the government.
$200 - 300 a month more? Must be driving a Hummer.
"Charlie Self" <[email protected]> wrote in message
news:[email protected]...
>
> Cite on who's making what from oil?
>
Case of the lazies?
At the pump in the boondocks yesterday $2.39 a gallon. Last I saw the
volatile price, $1.31 per gallon ($58/44gal Bbl). Whip the 0.18.5 in
Federal and .019 in State excise off, and it gives you $0.785 to transport
it, refine it, wholesale it and hope to sell a soda for $4.20 a gallon to
stay in business. That assumes an equivalence which is probably not valid,
but should make it obvious who is the real winner. Neat thing is, they
don't have to do a thing but let the cash flow in....
Remember, the retailer has to price to take credit cards at 2% discount, so
pay cash and give him a break.
"Patriarch" <[email protected]> wrote in message
news:[email protected]...
> "Rumpty" <[email protected]> wrote in news:A--
> [email protected]:
>
>> Most states charge cents on a gallon for tax, they don't charge a
>> percentage.
>>
>
> California, then, would seem, once again, to be the exception. We have
> both.
>
Not really. If you look, there's probably a "roads" excise and a prepaid
sales tax charge in other states as well.
Greetings and Salutations...
On Mon, 25 Jul 2005 10:21:59 GMT, "Edwin Pawlowski" <[email protected]>
wrote:
>
><[email protected]> wrote in message
>
>> As was pointed out, first it was steel. Let's look for a minute.
>> Yup... when steel when up .17 a ton, we saw all the big price increases
>> last year. For an industry that sat stagnant for years, this actually
>> is significant.
>
>Where does this figure come from? Prices I've seen are much more that 17¢ a
>ton.
>
>
This is most certainly true. Now, if the quoted price were
$0.17/lb, I would believe it in a heartbeat!
By the by...It appears that there is a misconception here
about the purpose of the steel and petroleum industries. They
are NOT in existance to provide the world with steel and fuel
at the lowest possible price. They are, essentially, all publically
owned through shareholders of their stock. Anytime this happens
to a company, the focus of the business ALWAYS changes from producing
a product to sucking as much money as possible out of the consumer's
pocket, with as little investment in time, energy and materials as
is possible. As a product of the capitalistic system, they are going
to charge what the market will bear...and apparently that includes
the painful increases in prices we have seen over the past year or so.
The only thing that will cause those prices to go down is a serious
decline in demand.
Regards
Dave Mundt
"Patriarch" <[email protected]> wrote in message
>
>> I don't believe any state has raised fuel taxes this year.
>>
>
> 8+% sales tax on $2.59/gallon is much more than 8+% on $1.79/gallon, at
> the
> same consumption levels. Gasoline demand is relatively inelastic over a
> period of quarters.
>
> Patriarch
Our state has a fixed tax per gallon, not the usual percentage like the
sales tax. They actually lowered the tax a few years ago because so many
people were crossing the border to save 5¢ or more per gallon.
Most states charge cents on a gallon for tax, they don't charge a
percentage.
--
Rumpty
Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start
- - - - - - - - - - - - - - - - - - - - -
"Patriarch" <[email protected]> wrote in message
news:[email protected]...
> "Rumpty" <[email protected]> wrote in
> news:[email protected]:
>
> > I don't believe any state has raised fuel taxes this year.
> >
>
> 8+% sales tax on $2.59/gallon is much more than 8+% on $1.79/gallon, at
the
> same consumption levels. Gasoline demand is relatively inelastic over a
> period of quarters.
>
> Patriarch
JGS (in [email protected]) said:
| I knew this would happen sooner or later but Holy Crap Batman.
| First it was the price of steel and now it's oil
<snip>
There are at least two components to price increases; and I think you
may only be considering one of them. The other main reason that more
dollars may be needed to purchase an item could be that the dollar has
decreased in value.
It's not always easy to separate the cost increase components; but you
can probably make a fairly good approximation by examining consumption
statistics together with the annual report (for the same period) from
the largest producer.
Take your blood pressure meds first.
--
Morris Dovey
DeSoto Solar
DeSoto, Iowa USA
http://www.iedu.com/DeSoto/solar.html
>A bigger part of the problem has to do with the weakness of the dollar vs
other currencies
I agree, the USD slid 30% against the Euro last year, since OPEC is paid in
USD and they buy their goods in Euro's, the price of oil had to go up.......
--
Rumpty
Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start
- - - - - - - - - - - - - - - - - - - - -
"Patriarch" <[email protected]> wrote in message
news:[email protected]...
> [email protected] wrote in news:1122270403.307704.254120
> @g44g2000cwa.googlegroups.com:
>
> > Personally, I am sick of all the price gouging going on being blamed on
> > oil.
> >
>
> A bigger part of the problem has to do with the weakness of the dollar vs
> other currencies.
>
> Why the dollar is weak is well beyond the scope of a woodworking
> discussion, and my economics is a bit rusty tonight.
>
> If an item is priced at a point where it represents little value to you,
> seek alternate goods or services. Vote with your purchases.
>
> Patriarch
Doug, you are correct, I'm correct and we are probably all correct about
oil........
--
Rumpty
Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start
- - - - - - - - - - - - - - - - - - - - -
"Oil Famine" <[email protected]> wrote in message
news:[email protected]...
> I have a lot of posters blocked but so far I have not seen "peak oil"
> mentioned.
>
> Is it possible that some people have not been informed?
>
> DAGS on peak oil - about 4,900,000 hits.
>
> If that is too much try "Life after the Crash" or "The Long Emergency".
>
> Or, for a summary try my web page:
> www.xmission.com/~sherwin/energyfacts.html .
>
> If you are not a believer after doing some reading, that's fine. I'm not
> going to try to convince you otherwise.
>
> -Doug
>
> ======================================================
>
> "Larry Jaques" <novalidaddress@di\/ersify.com> wrote in message
> news:[email protected]...
> > On Tue, 26 Jul 2005 00:58:46 GMT, the opaque LQQkIE YONDER
> > <[email protected]> clearly wrote:
> >
> >>> $200 - 300 a month more? Must be driving a Hummer.
> >>
> >>'Bout a year ago, somebody started stealing my gas out of my old beater
> >>of a pickup so I put a locking gas cap on it. This last saturday
> >>nite-sunday morning sometime, whoever needed some gas and saw my locking
> >>gas cap so they sliced my tire instead.
> >
> > So put a real nice purple dye in the tank after removing the lock.
> > Then alert the police to look for a purple-cheeked thief.
> >
> >
> > ------------------------------
> > Gator: The other white meat!
> > ------------------------------
> > http://www.diversify.com Comprehensive Website Development
>
>
This is not an appropriate topic, BUT show me another country with better
prices. My guess is that the more planned the economy, the higher the
prices. That is most certainly true in Scandinavia and I believe most of
modern Europe as well. Look at the returns on capital employed by the big
companies. They are generally not extreme. Even the best oils are in the
15% range.
Could you set up a company and do better?
Who would work for you?
Wilson
"Dave Mundt" <[email protected]> wrote in message
news:[email protected]...
> Greetings and Salutations...
>
> On Mon, 25 Jul 2005 10:21:59 GMT, "Edwin Pawlowski" <[email protected]>
> wrote:
>
>>
>><[email protected]> wrote in message
>>
>>> As was pointed out, first it was steel. Let's look for a minute.
>>> Yup... when steel when up .17 a ton, we saw all the big price increases
>>> last year. For an industry that sat stagnant for years, this actually
>>> is significant.
>>
>>Where does this figure come from? Prices I've seen are much more that 17¢
>>a
>>ton.
>>
>>
> This is most certainly true. Now, if the quoted price were
> $0.17/lb, I would believe it in a heartbeat!
> By the by...It appears that there is a misconception here
> about the purpose of the steel and petroleum industries. They
> are NOT in existance to provide the world with steel and fuel
> at the lowest possible price. They are, essentially, all publically
> owned through shareholders of their stock. Anytime this happens
> to a company, the focus of the business ALWAYS changes from producing
> a product to sucking as much money as possible out of the consumer's
> pocket, with as little investment in time, energy and materials as
> is possible. As a product of the capitalistic system, they are going
> to charge what the market will bear...and apparently that includes
> the painful increases in prices we have seen over the past year or so.
> The only thing that will cause those prices to go down is a serious
> decline in demand.
> Regards
> Dave Mundt
>
[email protected] wrote in news:1122270403.307704.254120
@g44g2000cwa.googlegroups.com:
> Personally, I am sick of all the price gouging going on being blamed on
> oil.
>
A bigger part of the problem has to do with the weakness of the dollar vs
other currencies.
Why the dollar is weak is well beyond the scope of a woodworking
discussion, and my economics is a bit rusty tonight.
If an item is priced at a point where it represents little value to you,
seek alternate goods or services. Vote with your purchases.
Patriarch
"Rumpty" <[email protected]> wrote in
news:[email protected]:
> I don't believe any state has raised fuel taxes this year.
>
8+% sales tax on $2.59/gallon is much more than 8+% on $1.79/gallon, at the
same consumption levels. Gasoline demand is relatively inelastic over a
period of quarters.
Patriarch
"Rumpty" <[email protected]> wrote in news:A--
[email protected]:
> Most states charge cents on a gallon for tax, they don't charge a
> percentage.
>
California, then, would seem, once again, to be the exception. We have
both.
But very few toll roads. We do have toll bridges.
Patriarch
>
> $200 - 300 a month more? Must be driving a Hummer.
>
>
'Bout a year ago, somebody started stealing my gas out of my old beater
of a pickup so I put a locking gas cap on it. This last saturday
nite-sunday morning sometime, whoever needed some gas and saw my locking
gas cap so they sliced my tire instead.
<sarcasm>
Thanks
</sarcasm>
<[email protected]> wrote in message
> As was pointed out, first it was steel. Let's look for a minute.
> Yup... when steel when up .17 a ton, we saw all the big price increases
> last year. For an industry that sat stagnant for years, this actually
> is significant.
Where does this figure come from? Prices I've seen are much more that 17¢ a
ton.
I have a lot of posters blocked but so far I have not seen "peak oil"
mentioned.
Is it possible that some people have not been informed?
DAGS on peak oil - about 4,900,000 hits.
If that is too much try "Life after the Crash" or "The Long Emergency".
Or, for a summary try my web page:
www.xmission.com/~sherwin/energyfacts.html .
If you are not a believer after doing some reading, that's fine. I'm not
going to try to convince you otherwise.
-Doug
======================================================
"Larry Jaques" <novalidaddress@di\/ersify.com> wrote in message
news:[email protected]...
> On Tue, 26 Jul 2005 00:58:46 GMT, the opaque LQQkIE YONDER
> <[email protected]> clearly wrote:
>
>>> $200 - 300 a month more? Must be driving a Hummer.
>>
>>'Bout a year ago, somebody started stealing my gas out of my old beater
>>of a pickup so I put a locking gas cap on it. This last saturday
>>nite-sunday morning sometime, whoever needed some gas and saw my locking
>>gas cap so they sliced my tire instead.
>
> So put a real nice purple dye in the tank after removing the lock.
> Then alert the police to look for a purple-cheeked thief.
>
>
> ------------------------------
> Gator: The other white meat!
> ------------------------------
> http://www.diversify.com Comprehensive Website Development
Leon,
IF oil were 30/bbl and pump price was 2.39 I'd agree with the refining
shortage, but when bbl price is 60/bbl that';s where it starts. IMHO, our
administration wants pump price high, so they can do what they WANT with
respect to drilling, emissions etc.
The immediate problem I see, the average US family is now out 2 - 300 USD a
month due to increased fuel prices. That $300 a month was pissing money
they spent on furniture, clothes etc. which they no longer have to spend.
Most of my business associates sales are off 50% this season, and it ain't
due to poor weather.
--
Rumpty
Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start
- - - - - - - - - - - - - - - - - - - - -
"Leon" <[email protected]> wrote in message
news:[email protected]...
>
> "JGS" <[email protected]> wrote in message
> news:[email protected]...
> > I knew this would happen sooner or later but Holy Crap Batman. First it
> > was the price of steel and now it's oil. Even though I have switched
> > over to mostly WB stains and finishes I still have a few home brews that
> > require certain organic chemicals to complete. The price of one has gone
> > up 11% in 3 months while another has gone up 58%. When I asked about the
> > 58% increase I was told that their supplier had had a long term supply
> > agreement with his supplier that has expired and his feed stock has
> > risen about the same %. I know that the WB will increase in price
> > somewhat because the resins, etc. use oil as feed stock but I am glad I
> > have spent the time investigating alternatives to traditional oil based
> > stains and finishes. And, I am glad I don't heat with oil or gas. Yes, I
> > am lucky to have my own wood supply. JG
>
> According to our local TV news in Houston, "now get this," The reason the
> price of crude oil is going up is because we do not have the capacity to
> refine it. The oil companies blame the emerging China economy but I don't
> believe that the Chinese are any more able to afford $2.25 per gallon than
> we are.
> Basically oil companies merge, they close refineries as a result of the
> merger, they create a perceived shortage because of the lack of
refineries,
> they jack the price up. Has any one sat in any lines because of gas
> shortages lately? Right now you can buy gas in Conway, SC for $1.65 per
gal
> and in Kershaw, SC you can get gas for $1.69 per gallon.
>
>
On Mon, 25 Jul 2005 06:24:55 -0400, "George" <George@least> wrote:
<snip>
>Can you really be that obtuse? The public - that's you, too, Leon has
>created the shortage by their use of more, their dislike of refineries in
>their back yards, and their contempt for the companies who are trying to get
>them the goods at the lowest price.
>
>See the shoot-from-the-hip "analysis" of iron as a function of tool cost in
>reply, then figure where the cost of oil really lies. Hint, it's not
>necessarily in the price of crude at a buck ten a gallon.
>
this word "shortage" keeps coming up and I'd like to know where it is.
You, I, and everyone else in this country can buy all the gas we want
as long as we're willing to pay the price.
There are no lines, no dry tanks at the stations, no tank trucks
sitting idle for lack of product.
High prices may be reducing demand a bit but I think it's miniscule.
From all the reports I've seen in the papers very few people are doing
anything to curtail any of their travel plans, vacation and otherwise.
I'm no expert but from what I understand it takes 13 days for gasoline
to reach Michigan from the Gulf Coast area. Yet when the gulf oil
platforms are evacuated because of weather, gasoline here instantly
skyrockets before the helicopters even reach land.. Where's the
13-day cushion? And why does that same gasoline sell in Chicago for
as much as 45 cents per gallon more, when it's coming from the same
pipeline?
There may be legitimate reasons for all this but I have to think most
of it stems from pure greed, starting with the oil companies, aided
and abetted by those brain-dead "analysts" on Wall Street, and forced
on us by the guy who operates the pumps.
On Tue, 26 Jul 2005 00:58:46 GMT, the opaque LQQkIE YONDER
<[email protected]> clearly wrote:
>> $200 - 300 a month more? Must be driving a Hummer.
>
>'Bout a year ago, somebody started stealing my gas out of my old beater
>of a pickup so I put a locking gas cap on it. This last saturday
>nite-sunday morning sometime, whoever needed some gas and saw my locking
>gas cap so they sliced my tire instead.
So put a real nice purple dye in the tank after removing the lock.
Then alert the police to look for a purple-cheeked thief.
------------------------------
Gator: The other white meat!
------------------------------
http://www.diversify.com Comprehensive Website Development
"JGS" <[email protected]> wrote in message
news:[email protected]...
> I knew this would happen sooner or later but Holy Crap Batman. First it
> was the price of steel and now it's oil. Even though I have switched
> over to mostly WB stains and finishes I still have a few home brews that
> require certain organic chemicals to complete. The price of one has gone
> up 11% in 3 months while another has gone up 58%. When I asked about the
> 58% increase I was told that their supplier had had a long term supply
> agreement with his supplier that has expired and his feed stock has
> risen about the same %. I know that the WB will increase in price
> somewhat because the resins, etc. use oil as feed stock but I am glad I
> have spent the time investigating alternatives to traditional oil based
> stains and finishes. And, I am glad I don't heat with oil or gas. Yes, I
> am lucky to have my own wood supply. JG
According to our local TV news in Houston, "now get this," The reason the
price of crude oil is going up is because we do not have the capacity to
refine it. The oil companies blame the emerging China economy but I don't
believe that the Chinese are any more able to afford $2.25 per gallon than
we are.
Basically oil companies merge, they close refineries as a result of the
merger, they create a perceived shortage because of the lack of refineries,
they jack the price up. Has any one sat in any lines because of gas
shortages lately? Right now you can buy gas in Conway, SC for $1.65 per gal
and in Kershaw, SC you can get gas for $1.69 per gallon.
"LP" wrote in message
> skyrockets before the helicopters even reach land.. Where's the
> 13-day cushion? And why does that same gasoline sell in Chicago for
> as much as 45 cents per gallon more, when it's coming from the same
> pipeline?
Driving to Hobby Airport here in Houston yesterday I took a street that is
lined with gas stations on both sides for as far as the eye can see ... each
and every station, regardless of brand, had the same price/gal to the 10th
of a cent.
What other industry can you say that about?
--
www.e-woodshop.net
Last update: 7/23/05