Re: Gas skyrockets !
[Re: jbyrd63]
#7372871
10/06/21 01:51 PM
10/06/21 01:51 PM
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Joined: Mar 2007
Posts: 35,175 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,175
McGrath, AK
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People keep pointing to crude prices. What was gas when oil was 145 a barrel? Anyone? Try 2.89- 3.05 That lie don’t fly ! Price gouging is fueling the rise more than anything!! Inflation works on everything. Do you not think that the cost of production , transportation, taxation, marketing, salaries/wages, rents, land values, have all gone up since the summer of 2008 when crude peaked ? It isn't quite as simple as a primitive view of economics might lead one to believe. https://www.eia.gov/energyexplained/gasoline/factors-affecting-gasoline-prices.php
Mean As Nails
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Re: Gas skyrockets !
[Re: jbyrd63]
#7373091
10/06/21 07:10 PM
10/06/21 07:10 PM
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Joined: Aug 2011
Posts: 45,505 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,505
james bay frontierOnt.
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The price of gas has gone up because the price of gas has gone up thus leading to the rise in the cost of gas due to the higher cost of gas to deliver the gas.
Forget that fear of gravity-get a little savagery in your life.
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Re: Gas skyrockets !
[Re: jbyrd63]
#7373093
10/06/21 07:13 PM
10/06/21 07:13 PM
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Joined: Feb 2021
Posts: 2,365 Interior Alaska
Oh Snap
trapper
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trapper
Joined: Feb 2021
Posts: 2,365
Interior Alaska
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Now that is a gas bag reason like no other! LOL
I love the smell of burning spruce---I love the sound of a spring time goose---I love the feel of 40 below---from my trapline I will never go!
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Re: Gas skyrockets !
[Re: Boco]
#7373104
10/06/21 07:18 PM
10/06/21 07:18 PM
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Joined: Sep 2014
Posts: 4,738 carolina, Alabama
The Possum Man
trapper
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trapper
Joined: Sep 2014
Posts: 4,738
carolina, Alabama
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The price of gas has gone up because the price of gas has gone up thus leading to the rise in the cost of gas due to the higher cost of gas to deliver the gas. heck i think i agree with boco this time.
"If you're gonna be stupid you better be tough"
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Re: Gas skyrockets !
[Re: white17]
#7373105
10/06/21 07:19 PM
10/06/21 07:19 PM
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Joined: Dec 2006
Posts: 481 Montana
Deerkiller
trapper
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trapper
Joined: Dec 2006
Posts: 481
Montana
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People keep pointing to crude prices. What was gas when oil was 145 a barrel? Anyone? Try 2.89- 3.05 That lie don’t fly ! Price gouging is fueling the rise more than anything!! Inflation works on everything. Do you not think that the cost of production , transportation, taxation, marketing, salaries/wages, rents, land values, have all gone up since the summer of 2008 when crude peaked ? It isn't quite as simple as a primitive view of economics might lead one to believe. https://www.eia.gov/energyexplained/gasoline/factors-affecting-gasoline-prices.phpThe last well I drilled cost 65 million to drill it and complete it. That well last I neared was flowing 15K bbls a day. In 2009 that same well would cost 25 million to drill.
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Re: Gas skyrockets !
[Re: jbyrd63]
#7373205
10/06/21 09:05 PM
10/06/21 09:05 PM
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Joined: Mar 2014
Posts: 3,655 Central Texas
Chancey
trapper
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trapper
Joined: Mar 2014
Posts: 3,655
Central Texas
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$2.89 for diesel here a couple of days ago. A couple of months ago, I could fill my truck up for $65 bucks, now it costs nearly $100. Chancey
Resident Conspiracy Theorist Accused Moron, Nazi, Low IQ, and Putin Fan Boy
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Re: Gas skyrockets !
[Re: Boco]
#7373421
10/07/21 06:07 AM
10/07/21 06:07 AM
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Joined: Dec 2013
Posts: 14,867 Greene County,Virginia
run
trapper
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trapper
Joined: Dec 2013
Posts: 14,867
Greene County,Virginia
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The price of gas has gone up because the price of gas has gone up thus leading to the rise in the cost of gas due to the higher cost of gas to deliver the gas. Best explanation ever!!! Hope that makes Steven 49er happy.
Last edited by run; 10/07/21 06:49 PM.
wanna be goat farmer.
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Re: Gas skyrockets !
[Re: Cragar]
#7373523
10/07/21 09:22 AM
10/07/21 09:22 AM
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Joined: Aug 2008
Posts: 16,271 ny
upstateNY
trapper
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trapper
Joined: Aug 2008
Posts: 16,271
ny
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I normally don't brag about lavish and expensive trips , but I just got back from the grocery store and gas station. LOL,,Now,,,if you also stopped at the lumber yard,,you would REALY be Stylin !!
the wheels of the gods turn very slowly
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Re: Gas skyrockets !
[Re: upstateNY]
#7373584
10/07/21 10:15 AM
10/07/21 10:15 AM
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Joined: Feb 2007
Posts: 5,431 New York border
Cragar
trapper
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trapper
Joined: Feb 2007
Posts: 5,431
New York border
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I normally don't brag about lavish and expensive trips , but I just got back from the grocery store and gas station. LOL,,Now,,,if you also stopped at the lumber yard,,you would REALY be Stylin !! Good wisecrack - 2 points lol
NRA benefactor member
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Re: Gas skyrockets !
[Re: run]
#7373639
10/07/21 11:18 AM
10/07/21 11:18 AM
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Joined: May 2010
Posts: 10,481 mn north of blakely
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,481
mn north of blakely
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The price of gas has gone up because the price of gas has gone up thus leading to the rise in the cost of gas due to the higher cost of gas to deliver the gas. Best explanation ever. Only thing missing is a couple three exclamation points.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Gas skyrockets !
[Re: Kansas Cat]
#7373678
10/07/21 12:02 PM
10/07/21 12:02 PM
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Joined: Feb 2014
Posts: 13,155 Ky
jbyrd63
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 13,155
Ky
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Crude prices only hit those levels briefly. Crude prices during the time period you are referring to were for the most part in a range from high 60's to 120 or so and probably averaged in the 80's or 90's. Gasoline was quite a bit higher than it is now. I would say any discussion of price gouging is more of a political tool than a reality. Gasoline and crude trades 24/7 and has as much transparency as any market. You are joking or your a biden fan !!! No way all 27 stations in my little town needed to raise prices at the same time. Don't start they are charging what it cost to replace it. THEIR cost didn't go up 48 cents a gal over night. They use the dog and the nads marketing ploy. they did it because they can !!!!!
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Re: Gas skyrockets !
[Re: jbyrd63]
#7373684
10/07/21 12:06 PM
10/07/21 12:06 PM
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Joined: Feb 2014
Posts: 13,155 Ky
jbyrd63
OP
trapper
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OP
trapper
Joined: Feb 2014
Posts: 13,155
Ky
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The last well I drilled cost 65 million to drill it and complete it. That well last I neared was flowing 15K bbls a day. In 2009 that same well would cost 25 million to drill.
So deer killer you're saying they REALLY was gouging it to us back in 2009 if their expenses were 250% smaller !
Last edited by jbyrd63; 10/07/21 04:15 PM.
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