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Off-Topic => General Topics => Topic started by: Jay Bee on October 07, 2021, 06:15:10 AM

Title: Gas Prices - climbing to Record Highs
Post by: Jay Bee on October 07, 2021, 06:15:10 AM
There's a thread on: Gas Prices hit new Record Lows, thought I'd start a polar opposite.

Today some stations in my area are selling it for $1.439CAD/liter.
Using an on-line calculator that equates to $4.29USD/US gallon.

The morning news said it might hit $1.60/liter ($4.77USD/US gal.) before it gets any better.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Dakota on October 07, 2021, 06:46:35 AM
87 octane (10% ethanol) was $3.65/gal (US) yesterday, and $3.86/gal for 90 Octane (no ethanol) "recreational fuel" that I put in the Challenger. 
Title: Re: Gas Prices - climbing to Record Highs
Post by: cuda hunter on October 07, 2021, 06:51:14 AM
Here in central Colorado in the mountains we are paying 3.77 per gallon of regular gasoline. 
This is absolutely ridiculous.  Less than a year ago I was paying 1.86 for gasoline per gallon.
I'll throw in the typical, Thanks Joe for screwing us.   Let's go back to our energy independence instead of relying on OPEC.  I guess the majority of people want to ask OPEC ( many of our enemies) for their approved amounts and prices of oil from those arab nations.    Non political and the truth. 
  RIDICULOUS !! 
Title: Re: Gas Prices - climbing to Record Highs
Post by: Filthy Filbert on October 07, 2021, 07:09:38 AM
"save the environment" and all that jazz.   Driving the cost of oil/fuel up in order to motivate us towards electric cars.

...so that when they want to control us further, they just shut off the power grid, and nobody can go anywhere or do anything because the cars all have dead batteries. 

Remember when folks couldn't evacuate from approaching forest fires because they went all electric with their vehicles, and the power grids were shut down "to prevent the further spread of fires from high winds knocking down power lines"?       It wasn't a significant amount of people, but it was enough to get mentioned in the news
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 07, 2021, 07:34:48 AM
sigh... gas prices are much more complicated than simply who is president and what technology is present.  Gasoline is a GLOBAL commodity.  Global demand, or lack of, and refinery capability, or lack of, product availability, or lack of, and geo-politics impacts prices much more often and to a greater degree than who is the US president. 

Adjusted for inflation, gas prices have actually been decreasing for decades through numerous administrations.

But since we are talking about presidents, lets look at some time lines. In non-adjusted pricing, gas reached a record high in 2008 (under a Republican president) before a global recession killed demand and drove prices down.  As economies everywhere recovered, demand resumed and prices rose again to another record high in 2012. It was about this time that US law was changed to allow US oil companies to export and the US became a net exporter (under a Democrat), that prices began to drop again. It was in 2016 that pricing reversed and again began to rise as the low oil price caused many American oil producers to close operations, thus cutting production, and many of the foreign oil producers voluntarily cut production to help with  increase pricing. Prices have continued to rise (under a Republican) until a global pandemic killed demand and prices plummeted to an unnatural low point. Those of us who drove through this pandemic were treated to prices not seen since the '80s. You couldn't have really believed this would last.  As countries are recovering from this, as travel began to increase, as more and more people got out and began to resume a normal life, demand has sky-rocketed ahead of production. Simple supply and demand. Yea, whether we like it or not, prices are going to follow.

Rest assured that this increase in price will motivate more American companies to resume production and exploration to help bring prices back down. Since this doesn't happen overnight, it likely will not be until the next president or later that it will occur, and then the political blame machine can resume the ill-informed, ill-logic of how some future current president fixed gas prices. 
Title: Re: Gas Prices - climbing to Record Highs
Post by: JH27N0B on October 07, 2021, 08:19:25 AM
If you think gasoline prices are bad, wait until you see natural gas prices this winter when you are paying your heating bills!  :looney:
Fact is everything is mess now inflation wise, and I'm pretty discouraged about it as I started my first paycheck job in the late 70s as a stock boy at a grocery store and feel like I've seen this before.  I remember doing price changes in the aisles, putting new higher price stickers on cans and boxes on a weekly basis while customers glared at me.
It was really a bad time, but as a part time kid starting my career it didn't affect me.  I was getting nice raises regularly and living rent free at my parents house.
In college I took Economics 101 which it would appear not many take, especially politicians.  Too much money chasing too few goods=higher prices is a big takeaway from taking a basic economics class. Starting in spring 2020 when the government started paying people stimulus checks whether they were affected or not, while locking us up not able to go out and spend seemed absurd to me, then paying people supplemental unemployment that in many cases added up to more than the unemployed made working was equally absurd.
Now way too much money chasing too few goods multiplied by Covid shutdown related supply shortages and you have a perfect storm.  Whodathunk?  Apparently only me from my background taking an Economics class at a community college while working at a grocery store when I was 19?
Remember nothing is free when you think you are getting "free sheet".
It didn't affect me then, but as one who saved and invested starting in those grocery store days and was well set for a comfortable early retirement, it affects me now with my dollars losing value by the minute with the politicians throwing fuel in the fire by continuing to blow out spending. I've been buying things I've wanted this year while my money still has value, and so far this is proving to have been a wise strategy!
Title: Re: Gas Prices - climbing to Record Highs
Post by: HITTER23 on October 07, 2021, 09:12:43 AM
What do you really think would happen when the first thing Dementia Joe did when he got into office was shut down pipelines?
Title: Re: Gas Prices - climbing to Record Highs
Post by: Shane Kelley on October 07, 2021, 09:18:10 AM
Quote from: HITTER23 on October 07, 2021, 09:12:43 AM
What do you really think would happen when the first thing Dementia Joe did when he got into office was shut down pipelines?
:iagree:
And shut down drilling on government land.
Title: Re: Gas Prices - climbing to Record Highs
Post by: tparker on October 07, 2021, 09:19:34 AM
I don't know about record highs. Back in 2008 or so I sold my srt4 when gas hit well over $5 a gallon. I bought a motorcycle and have been on it since. Gas is up to $4.50 or so here in central California. It might not be long till we get to that $5 mark again though.
Title: Re: Gas Prices - climbing to Record Highs
Post by: 7212Mopar on October 07, 2021, 09:22:44 AM
Here in SF Bay Area, 91 octane is over $5/gallons a few weeks ago. I just filled up my 73 last Saturday.
Title: Re: Gas Prices - climbing to Record Highs
Post by: BIGSHCLUNK on October 07, 2021, 09:27:02 AM
The difference between states always makes me go hmmmmm . I was just in Missouri - (this is for regular/ethanol) under 2.89 , but Illinois $3.39 but here @2.99  go figure.........
Title: Re: Gas Prices - climbing to Record Highs
Post by: JH27N0B on October 07, 2021, 09:37:12 AM
$3.39?  Whereat?  All the stations seemed to be up to $3.59 yesterday.
I'm working from home 3 of the 5 days a week now so at least I'm burning up far less gas nowadays.
I used to put close to 20,000 miles a year on my cars this year it will be well under 10,000.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Filthy Filbert on October 07, 2021, 10:52:02 AM
Quote from: BIGSHCLUNK on October 07, 2021, 09:27:02 AM
The difference between states always makes me go hmmmmm . I was just in Missouri - (this is for regular/ethanol) under 2.89 , but Illinois $3.39 but here @2.99  go figure.........

Each state adds their own tax onto gas, which is why it varies so much from state to state. 
Title: Re: Gas Prices - climbing to Record Highs
Post by: JS29 on October 07, 2021, 11:34:58 AM
Quote from: Filthy Filbert on October 07, 2021, 10:52:02 AM
Quote from: BIGSHCLUNK on October 07, 2021, 09:27:02 AM
The difference between states always makes me go hmmmmm . I was just in Missouri - (this is for regular/ethanol) under 2.89 , but Illinois $3.39 but here @2.99  go figure.........

Each state adds their own tax onto gas, which is why it varies so much from state to state.
And that is why we New York citations will NEVER see gas under $2.00 Dollars per gallon again!!!!!  :verymad:
Title: Re: Gas Prices - climbing to Record Highs
Post by: 1Burgfish on October 07, 2021, 11:47:46 AM
 :wrenching: In 2008 gas prices went up to almost $4.50 in Texas under this rearranged administration so we shouldn't be surprised that this was going to happen, back then their Green New Deal didn't work out to well (except for the ones in the know on which green companies to sink money into) everyone else had to take public transportation to get to work and struggle just to get bye. The big giveaway was when the Pipeline was shut down instead of being slowed down but kept online so when we got through the pandemic the valve could be turned up and we wouldn't have to beg OPEC to ramp up production to help us out. Anyone with Common Sense could have seen that so now we only have to ask one Question.... How do you like your Joe???
Title: Re: Gas Prices - climbing to Record Highs
Post by: Mopsquad on October 07, 2021, 12:48:24 PM
Never thought the day would come that I'd be paying more in the USA (California) than my homeland.



Title: Re: Gas Prices - climbing to Record Highs
Post by: headejm on October 07, 2021, 04:07:06 PM
Let's go Brandon!  :yes:
Title: Re: Gas Prices - climbing to Record Highs
Post by: dodj on October 07, 2021, 04:50:25 PM
Quote from: HP2 on October 07, 2021, 07:34:48 AM
sigh... gas prices are much more complicated than simply who is president and what technology is present.  Gasoline is a GLOBAL commodity.  Global demand, or lack of, and refinery capability, or lack of, product availability, or lack of, and geo-politics impacts prices much more often and to a greater degree than who is the US president. 
:worship:
Ya...the USA has no control over the global price of oil. A small piece of the pie. Bigger than a lot, but still small.
Yet...some people think that if the president they don't like is in power at the moment, they are to blame... ::)
If the president they like is in power if the prices go down...then he is a hero...But he still had no control over the price. ::)
Title: Re: Gas Prices - climbing to Record Highs
Post by: worthywads on October 07, 2021, 05:09:21 PM
Quote from: dodj on October 07, 2021, 04:50:25 PM
Quote from: HP2 on October 07, 2021, 07:34:48 AM
sigh... gas prices are much more complicated than simply who is president and what technology is present.  Gasoline is a GLOBAL commodity.  Global demand, or lack of, and refinery capability, or lack of, product availability, or lack of, and geo-politics impacts prices much more often and to a greater degree than who is the US president. 
:worship:
Ya...the USA has no control over the global price of oil. A small piece of the pie. Bigger than a lot, but still small.
Yet...some people think that if the president they don't like is in power at the moment, they are to blame... ::)
If the president they like is in power if the prices go down...then he is a hero...But he still had no control over the price. ::)

Just the usual blame it on Biden for something he and Trump have no control of around here.  Thanks for bring reality into this conversation, very lacking on this thread.
Title: Re: Gas Prices - climbing to Record Highs
Post by: GoodysGotaCuda on October 07, 2021, 05:46:45 PM
I don't even bother looking at the prices, just keep putting in whatever I need. :burnout:

It goes up. It comes down.

https://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm
Title: Re: Gas Prices - climbing to Record Highs
Post by: torredcuda on October 08, 2021, 05:45:07 AM
I understand you can`t just blame the Potus and there are probably a number of reasons for it but we produced the most oil ever from 2016-2019, obviuosly Covid was a big part of the drop but I would think stopping the pipeline and restrictions on gov land also had an influence on current prices.
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 08, 2021, 06:38:08 AM
Yes, our production from 2016 - 2019 was massive and had the unintended consequence of driving prices so low that many drilling outfits had to close up because they couldn't afford to pump it out of the ground at a profit. At the same time OPEC decided to cut its output for the same reasons. As I stated earlier, this increase in prices, while uncomfortable for all of us, will drive those shuttered companies to reopen, resume extraction, and employ more people.  Which, unfortunately, will create more supply of money chasing more limited goods increasing inflationary pressure on everything else.

The Keystone pipeline already exists, is in place, and moving oil. Its moving some of the dirtiest oil available in the world, BTW, and it requires extensive refining that is more expensive to produce than sweet light crude. All that was stopped was the new XL segment of the pipeline that would shortcut the delivery route. This shortcut would actually cut out significant amounts of pipeline in Saskatchewan, Manitoba, and North Dakota, while moving it all through Montana. Shortening the pipeline would likely cost jobs in those areas where its use is reduced or removed while creating jobs in places where it would be moved to. The whole job creation thing is a wash.

Restrictions on exploration and drilling on Federal lands may appear to be relevant but is actually moot. We already have proven we have access to enough oil to be a net exporter. Don't forget that Democrats were in charge of the Federal government back in the early to mid teens and their restrictive policies on access were already in place when we were producing all that oil that made us an exporter in 2016.  It was a Republican president that enacted the law in 1975 that forbid export of oil.  It was a Democrat that overturned that law in 2016. The ability to sell oil on a global scale is what allowed us to produce more than we can use.  I'd also add that with the advances in technology with horizontal boring, there is no need to have oil derricks everywhere. You can concentrate and limit the extraction points  and still gather oil for miles around. That will allows all to enjoy the views and recreation access on a lot of that Federal land without having a noisy and bustling oil operation in the background.

IMO, the US and Canada can be totally energy independent. We both produce enough oil to be so. However, doing so would destabilize global economies. You have to go all the way back to the end of WW2 to understand our policies around oil strategy and our agreements with  many other countries and why it is important to global markets for us to not only participate in the purchase of oil but have market access for the sale of our goods and services as well.  This is all much, much bigger than what we all have to pay to drive our cars and has further reaching impacts on employment and quality of life than simply isolating North America from the rest of the globe.
Title: Re: Gas Prices - climbing to Record Highs
Post by: BIGSHCLUNK on October 08, 2021, 06:46:14 AM
Brad, western/mid state. Imagine a rough line between Milwaukee to Jefferson City Mo
Title: Re: Gas Prices - climbing to Record Highs
Post by: tparker on October 08, 2021, 10:35:36 AM
Just to throw out some more stuff. How much does the President impact oil? Not sure. Oil is a global market, but there is a lot that happens here in the states that impact gas prices. California gas is around $4.50 and up in the $5 in some markets. The rest of the US is averaging around $3.50 with many places much less. What is different? Not the global price, but Government interference in the form of regulations and taxes. We have refineries that are going down for various reasons. From what I understand part of it has to do with switching blends and other maintenance which includes some regulatory type stuff. And of course prices are subject to supply and demand. I am sure COVD has had some impact but I haven't paid much attention here

Prices are complex and due to a variety of factors. I agree the President has little direct control other than affecting the mentality of investors. State officials probably have more direct control over what you see at the pump.

The funny part is we are a hobby were cars are commonly $50K on up and many of us have large trucks to tow them around. LOL. I'm lucky enough to have bought mine for $1,000 and only dropped about $6k into it if that. So that leaves me with atleast $44K for fuel  :haha:
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP_Cuda on October 08, 2021, 10:43:16 AM

I think you guys are missing the bigger picture. Gas right now is just the canary in the coal mine. Wait until inflation really hits and then you will see tons of commodities go up like a rocket to the moon.

Both parties have spent this country into oblivion (28+ Trillion) and at some point we have to pay the piper.
Title: Re: Gas Prices - climbing to Record Highs
Post by: 7212Mopar on October 08, 2021, 11:42:01 AM
OK. Lets trade $ for Gold to preserve future gasoline purchasing power.
Title: Re: Gas Prices - climbing to Record Highs
Post by: HITTER23 on October 09, 2021, 12:00:44 PM
A president CAN effect prices when, like already stated enacts his agenda . Closing pipelines and banning new drilling had a direct result on the price. We went from being energy independent and EXPORTING to now at the mercy of OPEC and now asking them to please up your production. Recently, Saki even said that basically climate change had a bigger importance than energy prices.
Title: Re: Gas Prices - climbing to Record Highs
Post by: JS29 on October 09, 2021, 12:20:39 PM
 :iagree: With Hitter23  :yes:
Title: Re: Gas Prices - climbing to Record Highs
Post by: worthywads on October 09, 2021, 12:52:21 PM
Quote from: HITTER23 on October 09, 2021, 12:00:44 PM
A president CAN effect prices when, like already stated enacts his agenda . Closing pipelines and banning new drilling had a direct result on the price. We went from being energy independent and EXPORTING to now at the mercy of OPEC and now asking them to please up your production. Recently, Saki even said that basically climate change had a bigger importance than energy prices.

Except no pipelines were closed and there is no ban on new drilling, only a moritorium on new leasing.  There are already huge land areas already leased that new drilling will happen on.

We still export oil, and it continues to increase.
Title: Re: Gas Prices - climbing to Record Highs
Post by: torredcuda on October 09, 2021, 01:03:07 PM
Inflation due to all the spending combined with labor and product shortages -
https://www.forbes.com/sites/mikepatton/2021/08/18/inflation-surge-to-continue-here-are-3-reasons-why/?sh=78244f4b690a
Title: Re: Gas Prices - climbing to Record Highs
Post by: Katfish on October 09, 2021, 01:40:45 PM
Let's go Brandon !
Title: Re: Gas Prices - climbing to Record Highs
Post by: dodj on October 09, 2021, 05:41:03 PM
Quote from: HITTER23 on October 09, 2021, 12:00:44 PM
We went from being energy independent and EXPORTING to now at the mercy of OPEC and now asking them to please up your production.
You are still exporting, and OPEC was asked to increase production, because as a group, they can affect oil prices significantly, and the US pres would like it lower. The US, by itself has very little effect on prices. Unless you count US influence asking Saudi et al to up the oil production.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Racer57 on October 09, 2021, 07:28:59 PM
Quote from: dodj on October 09, 2021, 05:41:03 PM
Quote from: HITTER23 on October 09, 2021, 12:00:44 PM
We went from being energy independent and EXPORTING to now at the mercy of OPEC and now asking them to please up your production.
You are still exporting,
You take out the 440 and replace it with a 318. You are still moving.
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 10, 2021, 09:05:24 AM
Quote from: HITTER23 on October 09, 2021, 12:00:44 PM
A president CAN effect prices when, like already stated enacts his agenda . Closing pipelines and banning new drilling had a direct result on the price. We went from being energy independent and EXPORTING to now at the mercy of OPEC and now asking them to please up your production. Recently, Saki even said that basically climate change had a bigger importance than energy prices.

I disagree and others have pointed out other flaws in your statement, but lets explore your logic a bit using the chart posted earlier by Goody. 

By your definition, GW Bush's administration made gas prices rise from a low of $1.48 to a high of $4.09 via their policies and the global war on terror. A global recession in 2008, uninitiated by the president, drove it down to $1.71.  By the end of is term, overall prices were up 15% over 8 years with a 176% range in the same time.

BH Obama's administration took over at $1.71, and saw a peak price at $4.12 due to the recovery from the recession. By the end of this administration, it was down to $1.87. Overall a 9% increase over his 8 years and a 140% range over the same time.

DJ trump took over at $1.87 and saw prices slowly increase to $3.05. During a global pandemic, which the president did not initiate,  prices dropped to $1.91. When he left office it was at $2.49, for a net change of 33% increase over his 4 years with a 63% range in prices.

JR Biden took  over at $2.49. Average today is around $3.26. At 30% increase over the last 9 months. Jury is still out on where it will end and how widely it will fluctuate.

So it appears to me that regardless of who is president and regardless of their party affiliation and the efforts made by any administration, prices continue to rise and any significant change in pricing tends to be the result of larger forces that impact a wider population than simply the US or even North America.
Title: Re: Gas Prices - climbing to Record Highs
Post by: anlauto on October 10, 2021, 09:41:46 AM
............and logic wins again :brainiac: :veryexcited:
Title: Re: Gas Prices - climbing to Record Highs
Post by: dodj on October 10, 2021, 01:06:13 PM
Quote from: anlauto on October 10, 2021, 09:41:46 AM
............and logic wins again :brainiac: :veryexcited:
I dunno. Logic rarely changes the minds of the poorly informed.... :dunno:

Who is poorly informed? Well, that's up to the individual. lol

Title: Re: Gas Prices - climbing to Record Highs
Post by: tparker on October 10, 2021, 08:17:56 PM
Many things lead to rises in price as many people said. California has lots of refineries. Our gas is taxed to hell, so our prices are already high. But then we get issues such as refineries going down. Some times they do this at regular intervals, but often the same time this is happening another refinery goes down for some reason and this causes a shortage and raises prices. This usually happens late summer when gas prices are already high. Hurricanes also cause gulf prices to climb up, not to mention the whole hack thing not long ago. It's a messy sector and then you throw in government idiots local all the way to the President that make bad decisions that lead to hight prices.
Title: Re: Gas Prices - climbing to Record Highs
Post by: jbaha on October 11, 2021, 02:25:11 AM
Here it's 7$ ... for 1 gallon  :crazytalk:
Title: Re: Gas Prices - climbing to Record Highs
Post by: Smallblock340 on October 11, 2021, 03:11:22 AM
Quote from: jbaha on October 11, 2021, 02:25:11 AM
Here it's 7$ ... for 1 gallon  :crazytalk:

Lucky you!  ;)
Today in Netherlands the fuel prices hit an all-time high... € 2,05 / liter  :crazytalk:
That's about USD 9 for 1 gallon... :looney:

That includes 21% VAT and 45% excise duty...  :steamingmad:
Title: Re: Gas Prices - climbing to Record Highs
Post by: chaps70rt on October 11, 2021, 05:08:29 AM
Thanks Jbaha and Smallblock340 for chiming in and providing a global perspective.   Europe has always paid more for gas.

We in Canada have historically paid more for gas than the US.  Our taxes are higher to help pay for various government debts.   Classic cars
are now a luxury hobby; if you can afford it.  If you have to ask what it's going to cost to go for a cruise, then the end may be near.

I guess the next question is who is going to be the first to convert their e-body to electric?   Lets not go there .....
Title: Re: Gas Prices - climbing to Record Highs
Post by: tparker on October 11, 2021, 04:40:21 PM
I was in Germany in early to mid1990's and gas was't bad at all. It was about a nickle more expensive. That was until I realized that was a liter, not a gallon :o
Title: Re: Gas Prices - climbing to Record Highs
Post by: jbaha on October 12, 2021, 03:55:12 AM
haha nope nope nope (for electric)
Title: Re: Gas Prices - climbing to Record Highs
Post by: chargerdon on October 12, 2021, 05:46:40 AM
By the time inflation as a result of covid and bad weather stops/slows...expensive gas might be relatively cheap !!   Damn and i thought that with a modest 401k and full Social Security i was set for life...   
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 12, 2021, 06:07:36 AM
Quote from: dodj on October 10, 2021, 01:06:13 PM
Quote from: anlauto on October 10, 2021, 09:41:46 AM
............and logic wins again :brainiac: :veryexcited:
I dunno. Logic rarely changes the minds of the poorly informed.... :dunno:

Who is poorly informed? Well, that's up to the individual. lol

Thus our current  economic and social quandary, which reminds me of the age old philosophical debate of the allegory of the cave.
Title: Re: Gas Prices - climbing to Record Highs
Post by: dodj on October 12, 2021, 03:28:10 PM
Quote from: HP2 on October 12, 2021, 06:07:36 AM
Quote from: dodj on October 10, 2021, 01:06:13 PM
Quote from: anlauto on October 10, 2021, 09:41:46 AM
............and logic wins again :brainiac: :veryexcited:
I dunno. Logic rarely changes the minds of the poorly informed.... :dunno:

Who is poorly informed? Well, that's up to the individual. lol

Thus our current  economic and social quandary, which reminds me of the age old philosophical debate of the allegory of the cave.
Hee hee. Never thought a Mopar site would reference Plato...LOL
But....relevant.
Title: Re: Gas Prices - climbing to Record Highs
Post by: anlauto on October 12, 2021, 07:07:50 PM
well...I don't know about any of that ...I just know when we bought my wife's car, it cost $60 to fill it, today it took $96....I actually looked on the ground to make sure it wasn't leaking  :o
Title: Re: Gas Prices - climbing to Record Highs
Post by: FSHTAIL on October 12, 2021, 09:51:15 PM
I have a super cheap on gas 2008 Corolla, nothing special, just transportation..   

Cuda is the fun driver, I don't even look at gas prices anymore...     It's not like you can haggle 
Title: Re: Gas Prices - climbing to Record Highs
Post by: torredcuda on October 13, 2021, 05:57:11 AM
Quote from: HP2 on October 10, 2021, 09:05:24 AM
Quote from: HITTER23 on October 09, 2021, 12:00:44 PM
A president CAN effect prices when, like already stated enacts his agenda . Closing pipelines and banning new drilling had a direct result on the price. We went from being energy independent and EXPORTING to now at the mercy of OPEC and now asking them to please up your production. Recently, Saki even said that basically climate change had a bigger importance than energy prices.

I disagree and others have pointed out other flaws in your statement, but lets explore your logic a bit using the chart posted earlier by Goody. 

By your definition, GW Bush's administration made gas prices rise from a low of $1.48 to a high of $4.09 via their policies and the global war on terror. A global recession in 2008, uninitiated by the president, drove it down to $1.71.  By the end of is term, overall prices were up 15% over 8 years with a 176% range in the same time.

BH Obama's administration took over at $1.71, and saw a peak price at $4.12 due to the recovery from the recession. By the end of this administration, it was down to $1.87. Overall a 9% increase over his 8 years and a 140% range over the same time.

DJ trump took over at $1.87 and saw prices slowly increase to $3.05. During a global pandemic, which the president did not initiate,  prices dropped to $1.91. When he left office it was at $2.49, for a net change of 33% increase over his 4 years with a 63% range in prices.

JR Biden took  over at $2.49. Average today is around $3.26. At 30% increase over the last 9 months. Jury is still out on where it will end and how widely it will fluctuate.

So it appears to me that regardless of who is president and regardless of their party affiliation and the efforts made by any administration, prices continue to rise and any significant change in pricing tends to be the result of larger forces that impact a wider population than simply the US or even North America.

A president cannot control the global economy or many other things but he can make decisions that affect the US economy, taxes, jobs, stock market and oil production which to at least some extent would affect gas prices? Having SOME affect on gas prices is not the same as controlling them.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Filthy Filbert on October 13, 2021, 06:51:21 AM
Quote from: dodj on October 12, 2021, 03:28:10 PM
Quote from: HP2 on October 12, 2021, 06:07:36 AM
Quote from: dodj on October 10, 2021, 01:06:13 PM
Quote from: anlauto on October 10, 2021, 09:41:46 AM
............and logic wins again :brainiac: :veryexcited:
I dunno. Logic rarely changes the minds of the poorly informed.... :dunno:

Who is poorly informed? Well, that's up to the individual. lol

Thus our current  economic and social quandary, which reminds me of the age old philosophical debate of the allegory of the cave.
Hee hee. Never thought a Mopar site would reference Plato...LOL
But....relevant.

I thought the same thing!  :bravo:

Plato should be taught in high school.   There are so many lessons in that 2500 year old literature that are relevant today.   The parts of the soul, the types of government and how one evolves into the other, the type of person who makes for a moral leader...

Our government is heading exactly towards what Plato said it would.   
In all of recorded history, the average age of a democracy has only been 200 years, and we're at 250.
The best people to be our president, representatives, senators, etc. are the ones who don't want the job.  The worst people for the job are the ones currently in it because they wanted the role for personal benefits.   Remember, George Washington tried to refuse the presidency.  "I do not want to be your king, we just fought a war to get rid of a king"
Title: Re: Gas Prices - climbing to Record Highs
Post by: Jay Bee on October 16, 2021, 06:56:03 AM
Some stations in my city are up to $1.463CAD/L. For my American friends that equates to $4.47US/US gal today.
The currency exchange rate changes constantly too. Here's the calculator I've been using...

https://usgas.ca/us
Title: Re: Gas Prices - climbing to Record Highs
Post by: Brads70 on October 16, 2021, 07:12:29 AM
What it cost me to fill up my vehicles doesn't concern me as much as everything else that is connected to the price of gas. Everything we buy is trucked, so everything else goes up. Anything made of plastic, home heating, bulk oil for my business etc etc etc.... my ankles are getting calloused as are most everyone else, they just don't realize the association !
Title: Re: Gas Prices - climbing to Record Highs
Post by: 70 Top Banana on October 16, 2021, 09:51:15 AM
I think is still have that slant six around here somewhere.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Shane Kelley on October 18, 2021, 05:33:22 AM
Quote from: Brads70 on October 16, 2021, 07:12:29 AM
What it cost me to fill up my vehicles doesn't concern me as much as everything else that is connected to the price of gas. Everything we buy is trucked, so everything else goes up. Anything made of plastic, home heating, bulk oil for my business etc etc etc.... my ankles are getting calloused as are most everyone else, they just don't realize the association !

They realize it. It's all part of building a socialist utopia. IMO
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 18, 2021, 06:56:02 AM
So Republicans are socialist?

I mean, looking at the history of gas prices this century, Republican administrations had the highest overall net gains on gas prices during their administration and you seem to be saying higher gas prices is the foundation of a socialist utopia.

I assume you are taking a dig at the current US administration in making your statement. IMO, if we cherry picking any 9 month period in any time from the last 21 years, we can paint a completely different picture depending on how you want to present it.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Skid Row on October 18, 2021, 07:09:04 AM
 :drunk: So let's throw 3.5 Trillion$ at it and we'll Build Back Better cause nobody does it better than the Government. :rofl:
Title: Re: Gas Prices - climbing to Record Highs
Post by: anlauto on October 18, 2021, 07:19:06 AM
Lets keep the politics on the down low... :vipermanhiding:
Title: Re: Gas Prices - climbing to Record Highs
Post by: JS29 on October 18, 2021, 07:32:20 AM
Quote from: anlauto on October 18, 2021, 07:19:06 AM
Lets keep the politics on the down low... :vipermanhiding:
WHY, It's going to effect our hobby and our life's!!! They give pollution credits to power company's that crush old cars, to get rid of the parts, and they are waging a war on fossil fuel. We will have to convert our E-Body's to plug-in.  :verymad:
Title: Re: Gas Prices - climbing to Record Highs
Post by: anlauto on October 18, 2021, 07:42:14 AM
This website has never been a place to debate politics or discuss/argue one party over the other.... :alan2cents: We don't want the drama here  :stop:
I merely suggested keeping your opinions of one party or the other, out of this conversation... :grouphug:

We can all agree that ALL politicians screw everything up reguardless of their party.  :pullinghair:
Title: Re: Gas Prices - climbing to Record Highs
Post by: Spikedog08 on October 18, 2021, 08:04:17 AM
OK I'm gonna let this continue but as Alan has said . . . keep the politics out of this thread.  Religion and Politics are not allowed here!  :stop:

No exceptions . . . 
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 18, 2021, 09:57:29 AM
Will do my best to avoid overt political rhetoric.

The biggest problem with gas prices is demand for oil. Every decade someone comes along and say we have hit peak demand, yet we keep creating more demand and coincidently, keep find new technology that gives us access to more oil. Its very likely that prices will continue to rise until what time that peak is hit and alternative technology allows a substitution. So long as we keep demanding more products that are derived from petroleum, oil prices will continue to rise and gas along with it.

Through the 17th and early 18th centuries, whale oil was in ever increasing demand. It finally peaked in 1846 when petroleum processing began to provide replacement technologies. What products or technologies will allow us to reduce demand for oil, I don't know. If I was that smart I wouldn't be on an internet forum debating gas prices. Perhaps by then gasoline will become an antiquated, quaint commodity. Perhaps it will become a parallel resource. None of us know for sure. Even many of the experts can't agree on when peak demand will be hit, whether it will be this decade or 10 to 50 years in the future.

Gas prices will continue to fluctuate while they continue a slow rise until peak demand is found. This will happen regardless of what political party is in charge, in whatever country one wants to want to utilize as an example.
Title: Re: Gas Prices - climbing to Record Highs
Post by: ledphoot on October 18, 2021, 10:09:46 AM
Hopefully things can hold together for a while, I don't see much change in a positive direction coming for fuel prices or the economy in general. What we are seeing makes me recall the bad part of the 70's..... Most of this is caused by greed and corruption. We cannot forget who is buying all of our politicians. Whether it is the global banksters, big Pharma, or foreign governments, we have the best politicians that money can buy.

If you want change in government, you need to CHANGE government. Too many people are re-electing corrupt sh*theads in both parties. Our current president is a prime example of what is wrong with American politics, corrupt, power hungry and in the seat far too long, there are lots of examples of this on both sides of the aisle. Mitch McConnell is just as bad, I can list many on both sides that are long past their expiration date. If we could get past the tribalism of partisan politics and elect people in both parties that want to truly represent their constituents and have half a clue we might get someplace. 

As stated earlier, the right people for the job don't want it. :( We should vote out all incumbents regardless of party.. Unseat these @ssH@ts.





Title: Re: Gas Prices - climbing to Record Highs
Post by: Mopsquad on October 18, 2021, 10:14:31 AM
Quote from: Jay Bee on October 16, 2021, 06:56:03 AM
Some stations in my city are up to $1.463CAD/L. For my American friends that equates to $4.47US/US gal today.
The currency exchange rate changes constantly too. Here's the calculator I've been using...

https://usgas.ca/us

I'm in Palm Springs, CA.  I wish I was paying $4.47 instead of the $4.75 I just paid yesterday.   :'(
Title: Re: Gas Prices - climbing to Record Highs
Post by: Jay Bee on October 18, 2021, 11:58:14 AM
Quote from: Mopsquad on October 18, 2021, 10:14:31 AM
I'm in Palm Springs, CA.  I wish I was paying $4.47 instead of the $4.75 I just paid yesterday.   :'(

What grade? My prices are for Regular (87 Octane). I'm really loving that 318 of mine even more nowadays.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Mopsquad on October 18, 2021, 12:10:11 PM
That was for 89 Octane.    I know the prices went up to $5.60/gallon for 87 in San Fran for the July 4 weekend. 
Title: Re: Gas Prices - climbing to Record Highs
Post by: ledphoot on October 18, 2021, 01:03:58 PM
Quote from: Mopsquad on October 18, 2021, 12:10:11 PM
That was for 89 Octane.    I know the pries went up to $5.60/gallon for 87 in San Fran for the July 4 weekend.

Just another reason to avoid San Francisco.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Jay Bee on October 18, 2021, 02:59:27 PM
Quote from: Mopsquad on October 18, 2021, 12:10:11 PM
That was for 89 Octane.    I know the pries went up to $5.60/gallon for 87 in San Fran for the July 4 weekend.
:pullinghair:   :Thud:  Goes up on long weekend here too.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Racer57 on October 18, 2021, 07:46:31 PM
Quote from: HP2 on October 18, 2021, 06:56:02 AM
So Republicans are socialist?

I mean, looking at the history of gas prices this century, Republican administrations had the highest overall net gains on gas prices during their administration and you seem to be saying higher gas prices is the foundation of a socialist utopia.

I assume you are taking a dig at the current US administration in making your statement. IMO, if we cherry picking any 9 month period in any time from the last 21 years, we can paint a completely different picture depending on how you want to present it.
I agree, there is world wide events that effects US gas prices which is what happened to President Trump and previous Presidents.  But when Biden stopped existing oil lines from being completed, did not renew existing leases and added new taxes to production of natural resources, the stock market reacted.
Title: Re: Gas Prices - climbing to Record Highs
Post by: torredcuda on October 19, 2021, 04:19:45 AM
Quote from: ledphoot on October 18, 2021, 10:09:46 AM
Hopefully things can hold together for a while, I don't see much change in a positive direction coming for fuel prices or the economy in general. What we are seeing makes me recall the bad part of the 70's..... Most of this is caused by greed and corruption. We cannot forget who is buying all of our politicians. Whether it is the global banksters, big Pharma, or foreign governments, we have the best politicians that money can buy.

If you want change in government, you need to CHANGE government. Too many people are re-electing corrupt sh*theads in both parties. Our current president is a prime example of what is wrong with American politics, corrupt, power hungry and in the seat far too long, there are lots of examples of this on both sides of the aisle. Mitch McConnell is just as bad, I can list many on both sides that are long past their expiration date. If we could get past the tribalism of partisan politics and elect people in both parties that want to truly represent their constituents and have half a clue we might get someplace. 

As stated earlier, the right people for the job don't want it. :( We should vote out all incumbents regardless of party.. Unseat these @ssH@ts.

How? We are only given two choices to pick from when it comes time to vote and anyone trying to run needs millions of dollars to even start to compete and as you said the corrupt onesalready  have all the big money companies/industries/lobbyists backing them.
Title: Re: Gas Prices - climbing to Record Highs
Post by: chargerdon on October 19, 2021, 05:42:50 AM
Hey, lets keep this site about cars, not politics !! 
Title: Re: Gas Prices - climbing to Record Highs
Post by: HP2 on October 19, 2021, 06:19:31 AM
In the world of performance vehicle modifications there is a saying that everything affects everything. You can't just change the spring rate or camshaft without it impacting other aspects of the car in a minor to a major way depending on the magnitude of the change. The same holds true in gasoline prices. It is a commodity, no more, no less, that changes do to forces internal and external to our individual countries.

It is, no pun intended, a volatile commodity on top of that.  It is a commodity that for may of our lives was a cheap consumable. It is getting continually more expensive and it, in concert with the prices of acquiring, repairing, and maintaining  our cars, is becoming increasingly unaffordable to larger segments of the population that used to have easy access to it. And gas, along with our cars, will continue to rise in price. That was the point of my whale oil comment earlier. It too was cheap, rose to a point where only the rich could afford it, and technology replaced it with something else. The same will happen to all of our tech we now hold dear to.

The fact that we all play with 40+ year old cars means we all hold on to some wistful view of how some time long ago was better than today. Its nothing more than wishful thinking as the world will continue to advance around us, despite our attempts to vote it back. It can't be done and it is never coming back. Enjoy what you have for what it is today because it will not last forever.
Title: Re: Gas Prices - climbing to Record Highs
Post by: Filthy Filbert on October 19, 2021, 08:15:47 AM
@HP2 (https://forum.e-bodies.org/mlist/hp2_151)

Yup.  Good points.   The day when electric cars can go 500+ miles per charge, recharge in 15 minutes at a "gas station," and our power grid is powered by clean nuclear, solar, and wind power, all for the same cost of today's gas powered vehicles, is the day when gas will no longer be in demand, and like whale oil, could become unavailable. 

For those with antique collectors; a suitable substitute can be found in bio-fuels.  Bio-Diesel, Ethanol, etc. 
Title: Re: Gas Prices - climbing to Record Highs
Post by: ledphoot on October 19, 2021, 08:51:49 AM
Quote from: torredcuda on October 19, 2021, 04:19:45 AM


How? We are only given two choices to pick from when it comes time to vote and anyone trying to run needs millions of dollars to even start to compete and as you said the corrupt onesalready  have all the big money companies/industries/lobbyists backing them.

If we collectively decide to impose term limits by voting out all candidates who are incumbent regardless of their party affiliation we can affect change. As long as you let these corrupt bastards sit in office they will do what corrupt politicians do. I can't say there won't be consequences to this, but the definition of insanity is trying the same thing over and over again and expecting a different outcome.... We gotta get them out.
Title: Re: Gas Prices - climbing to Record Highs
Post by: 1Burgfish on October 19, 2021, 09:58:35 AM
 :wrenching: Agree ( cause and effect )
Title: Re: Gas Prices - climbing to Record Highs
Post by: dodj on October 19, 2021, 02:29:37 PM
Quote from: Katfish on October 09, 2021, 01:40:45 PM
Let's go Brandon !
Who is Brandon?  :huh:
Title: Re: Gas Prices - climbing to Record Highs
Post by: Brads70 on October 19, 2021, 02:55:26 PM
Quote from: dodj on October 19, 2021, 02:29:37 PM
Quote from: Katfish on October 09, 2021, 01:40:45 PM
Let's go Brandon !
Who is Brandon?  :huh:

:haha: goggle it.... lets just say its political
Title: Re: Gas Prices - climbing to Record Highs
Post by: ledphoot on October 19, 2021, 04:42:00 PM
Quote from: Brads70 on October 19, 2021, 02:55:26 PM
Quote from: dodj on October 19, 2021, 02:29:37 PM
Quote from: Katfish on October 09, 2021, 01:40:45 PM
Let's go Brandon !
Who is Brandon?  :huh:

:haha: goggle it.... lets just say its political
There's a Lets Go Brandon song on YouTube by Loza Alexander
Title: Re: Gas Prices - climbing to Record Highs
Post by: dodj on October 19, 2021, 05:27:01 PM
Quote from: ledphoot on October 19, 2021, 04:42:00 PM
Quote from: Brads70 on October 19, 2021, 02:55:26 PM
Quote from: dodj on October 19, 2021, 02:29:37 PM
Quote from: Katfish on October 09, 2021, 01:40:45 PM
Let's go Brandon !
Who is Brandon?  :huh:

:haha: goggle it.... lets just say its political
There's a Lets Go Brandon song on YouTube by Loza Alexander
Ah. OK. Guess if you're not American you're not gonna see it unless you search for it. Would have been pretty funny to be in the stands at Talladega..lol
Title: Re: Gas Prices - climbing to Record Highs
Post by: torredcuda on October 20, 2021, 03:02:55 PM
Quote from: 1Burgfish on October 19, 2021, 09:58:35 AM
:wrenching: Agree ( cause and effect )

The ones who vote on the rules will never pass a law that puts term limits on themselves.
Title: Re: Gas Prices - climbing to Record Highs
Post by: worthywads on October 20, 2021, 08:30:59 PM
Quote from: torredcuda on October 20, 2021, 03:02:55 PM
Quote from: 1Burgfish on October 19, 2021, 09:58:35 AM
:wrenching: Agree ( cause and effect )

The ones who vote on the rules will never pass a law that puts term limits on themselves.

A federal citizen initiative would be nice, but again, those in power won't let that happen.  Term limits would be the first initiative.