Gas

[mhall]

The barrel of Oil went below 49 dollars and the Ky state tax just went down 4 cents but some how yesterday in this town gas went up 30 to 40 cents.

Now someone explain to me how that is not just obvious price gouging and if it isn't what prompted this hike. What a joke.....

[Devils Horse]

$1.99 here in Bowling Green.

I'm sure the sudden rise there will be blamed in the weather or some other factor, but no one will ever make me believe gas prices are not artificially controlled. No way every gas station in town, independent or chain, changes their prices to the exact same amount at the same time unless there is some kind of collusion is going on.

Now any government entity who is taxing gas as a percentage of it's cost instead of just a flat per gallon amount is going to jack up their tax rates. When gas goes back up, and I promise you it will, it'll be even more painful for many of the people paying for it.

[mhall]

I totally agree Jim...

[kygorski]

Manmy of the "chain gas stations" are controlled or owned by a small organinized group.Houchens industries. They are the tail that wags the dog. It's thought the Saudi's are trying to end the fracking processs by lowering the price of crude, to where fracking isn't profitable anymore. Its also going to hurt the alternative energy industry. You younger guys are going to have many problems in your life times, and energy will always be one of them.

[DJD]

Manmy of the "chain gas stations" are controlled or owned by a small organinized group.Houchens industries. They are the tail that wags the dog. It's thought the Saudi's are trying to end the fracking processs by lowering the price of crude, to where fracking isn't profitable anymore. Its also going to hurt the alternative energy industry. You younger guys are going to have many problems in your life times, and energy will always be one of them.

Years ago when I read how Russia was buying all energy resources/companies that they could and Germany was doing the same with resources I started thinking how smart that is.

If a few a countries can control energy who then controls the world? WW2 had issues like this with Japan not liking the sanctions by the US on their Oil imports and looked what happened. When countries try and buy, bully or strategically attain such important resources with the sole ambition of controlling others a war is inevitable.

The rich oil countries have been doing this for years and many wars have been or are being fought because of it since Billions and billions of dollars are at stake with oil and terrorists have benefited from this. Its always about the money trail...follow that and the corruption, control and fighting become clear.

[Moveon]

Manmy of the "chain gas stations" are controlled or owned by a small organinized group.Houchens industries. They are the tail that wags the dog. It's thought the Saudi's are trying to end the fracking processs by lowering the price of crude, to where fracking isn't profitable anymore. Its also going to hurt the alternative energy industry. You younger guys are going to have many problems in your life times, and energy will always be one of them.

They will never know the pleasure of having gas so cheap that you can fill up the tank with about $2 and drive around the circuit all night long and maybe again the next weekend. Unless the new technology takes off.

The Saudi's are also killing the Russian Economy too. Russia was building up it's armed forces by selling oil on the world market and making huge profits when oil was 100 dollars a barrel.

But even now most people should understand that oil won't last forever even if we blow up the entire underground. There is only so much to be had and once it's gone it won't be coming back any time soon. So get it while you can and enjoy these <$2 a barrel prices. They won't last forever.

I'm not sure who's setting the price of gasoline but I know for sure that someone is. That can be the only reason that gas prices go up and down all at the same time at most all the gas stations on the same day.

[Shellkat]

I knew the manager/ gas attendant at the local swifty real well, she told me she drives around two or three times a day checking prices. If they go up she goes up and tries to stay just under everyone else. They changed the price so often the numbers got to where they wouldn't stay in the sign. Notice all the digital signs these days.

[GeoFisher]

They will never know the pleasure of having gas so cheap that you can fill up the tank with about $2 and drive around the circuit all night long and maybe again the next weekend. Unless the new technology takes off.

The Saudi's are also killing the Russian Economy too. Russia was building up it's armed forces by selling oil on the world market and making huge profits when oil was 100 dollars a barrel.

But even now most people should understand that oil won't last forever even if we blow up the entire underground. There is only so much to be had and once it's gone it won't be coming back any time soon. So get it while you can and enjoy these <$2 a barrel prices. They won't last forever.

I'm not sure who's setting the price of gasoline but I know for sure that someone is. That can be the only reason that gas prices go up and down all at the same time at most all the gas stations on the same day.

Oil will last a whole lot longer than we've been lead to believe.

Peak Oil you remember that ********. That was the Global Warming Joke of the 80's. We are no where close to peak oil, and billion up billions of barrels of reserves are found every year.

Yea, blow it out your ass.

Later,

Geo

[sweetwater]

I fly on commercial airlines fairly often for various reason. I haven't noticed a significant change in the price of flights lately. In the last quarter all of the majors enjoyed higher operating margins which directly correlates with the lower cost of fuel. The executives say they are cautious about lowering ticket prices because the cost of jet-a is always in flux. I call bull**** and say they are stalling as long as they can in order to line their pockets as much as possible. In the mean time my flights to Vegas are costing more which means I can't drink, eat at the buffets or sit at the blackjack tables as much as I want to. Grrrrr.

[GeoFisher]

I fly on commercial airlines fairly often for various reason. I haven't noticed a significant change in the price of flights lately. In the last quarter all of the majors enjoyed higher operating margins which directly correlates with the lower cost of fuel. The executives say they are cautious about lowering ticket prices because the cost of jet-a is always in flux. I call bull**** and say they are stalling as long as they can in order to line their pockets as much as possible. In the mean time my flights to Vegas are costing more which means I can't drink, eat at the buffets or sit at the blackjack tables as much as I want to. Grrrrr.

They are taking MUCH needed profits. Lets not forget, that most airlines went out of business due to 9/11 and the economy puking in 2006. I think they should be able to take some revenues. HOpefully they will upgrade/update services.

[Bill M of NJ]

I have all the NY'ers coming to my town since Edison has the cheapest gas in NJ, lines are like the old oil crisis from the 70's, soon it will be odd/even to get gas, just joking on the last comment but the lines are crazy, $1.65 for regular aint bad after a summer of over $3 per gallon.

[DJD]

I have all the NY'ers coming to my town since Edison has the cheapest gas in NJ, lines are like the old oil crisis from the 70's, soon it will be odd/even to get gas, just joking on the last comment but the lines are crazy, $1.65 for regular aint bad after a summer of over $3 per gallon.

Wow! That is cheap!