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$ 2.41 a gallon...............


Pete

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Man, theis is getting crazy again. I feel bad for those large vehicle owners. Our stste average is 2.41 a gallon today, and they expect it to go higher.

So, what the gas prices in your area at this point?

I went from 42.oo a week to 12.oo by starting to ride a motorcycle full time again. Perfect timing...............

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Originally posted by manichispanic

2.59 per gallon off Gallows Rd. near Fairfax Hospital.

LIke 2.43 by my house though

Same.. I work off Gallows also... "was it Kilmer17 hoping it hit 80$ a barrel?" dagnabit...

Where them underocean methane spout cars at?

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http://www.biph.com/rants.php

Up Your Butt with a Coconut, Wall Street

By: Biph

Thursday, August 11, 2005

Well, the American people need to start investing in a water-based lubricant, cause we're gonna start taking it up the butt again. In March I was ranting about the outrageous price of oil, and subsequently gasoline, and it just keeps going higher. This is not being caused by a lack of oil, supply and demand are in pretty good balance. Lucky for all of us, dickless asshats in New York control the price of oil for everybody.

I would love to be able to blame this all on a war, or an oil cartel, but it is being caused by greedy jackholes in $3,000 suits. The proof is in the pudding, as they say. Today these money-grubbing butt-monkeys got crude oil to close at $66.08 per barrel, now they can officially afford that expensive whore they've been saving up for. At the beginning of the year, the price was $41.40 per barrel on the first day of trading 2005. A remarkable 59.6% increase over the beginning of the year.

All year the record has been being broken, a sort of slow fist in the groin of America, getting us ready to accept $5/gallon gasoline. At the beginning of the year gasoline was also at $1.745 on average, but as of this week the average price is $2.323, an unhealthy increase of 33.1% over 8 months, with inflation like that, who needs a reason to kill themselves?

I understand that demand increases during the high travel months, but that much? It isn't demand, it is greed. Stock trading idiots have decided that they want the get rich quick market of the late 1990s back, and since the economy isn't really helping, they feel it will be okay to artificially inflate the price of gasoline, at everyone's expense. The proof is easy to see when you take a quick glance, and get some historical perspective.

When was the last time the average price per gallon of gasoline was under $1.00? Go ahead take a guess. You're probably thinking, 1984. You'd be wrong. It was the period from November 2, 1998 through March 22, 1999. From August 31, 1998 through March 22, 1999 it was only over $1.00 for four weeks, and during those four weeks the maximum was $1.01. The lowest price during these low prices was $0.885 per gallon, and oil prices were at $11.96 per barrel. So in 6 1/2 years oil prices have increased nearly 600%. If your milk prices had skyrocketed at that rate you'd shoot the milkman.

Also in 1999, the stock market was rising at an incredible rate. The Nasdaq was rising even faster. Idiots had found a way to make money fast, a little something called the IPO. Initial Public Offerings of all sorts of internet companies were popping left and right, and everybody wanted a piece of the action. Then it went bust (well not completely, it should have fallen much farther) and these very same people who thought they were so smart, were broke, and trying in vain to influence the markets to get themselves rich again.

Now, they have found that oil is a very easy market to control. All you have to do is make up supply shortages. Claim that China and India have suddenly become ultra-modern overnight, driving demand through the roof. Claiming that we've increased demand 80,000 fold wouldn't work, since we all live here and know we haven't changed our habits, but who knows what's going on in China and India?

Basically, we the people should brace ourselves for the worst pocket raping in the known history of mankind. Even worse than the piece of garbage known as the federal income tax, FICA, and social security.

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Originally posted by NoCalMike

Maybe if it keeps going up, our government and American car makers will get serious about looking into alternate sources to fuel motor vehicles.

$2.55 here for the "cheap stuff"

Date and Time.

NoCal and Kilmer agree.

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Originally posted by Spaceman Spiff

http://www.biph.com/rants.php

Up Your Butt with a Coconut, Wall Street

By: Biph

Thursday, August 11, 2005

Well, the American people need to start investing in a water-based lubricant, cause we're gonna start taking it up the butt again. In March I was ranting about the outrageous price of oil, and subsequently gasoline, and it just keeps going higher. This is not being caused by a lack of oil, supply and demand are in pretty good balance. Lucky for all of us, dickless asshats in New York control the price of oil for everybody.

I would love to be able to blame this all on a war, or an oil cartel, but it is being caused by greedy jackholes in $3,000 suits. The proof is in the pudding, as they say. Today these money-grubbing butt-monkeys got crude oil to close at $66.08 per barrel, now they can officially afford that expensive whore they've been saving up for. At the beginning of the year, the price was $41.40 per barrel on the first day of trading 2005. A remarkable 59.6% increase over the beginning of the year.

All year the record has been being broken, a sort of slow fist in the groin of America, getting us ready to accept $5/gallon gasoline. At the beginning of the year gasoline was also at $1.745 on average, but as of this week the average price is $2.323, an unhealthy increase of 33.1% over 8 months, with inflation like that, who needs a reason to kill themselves?

I understand that demand increases during the high travel months, but that much? It isn't demand, it is greed. Stock trading idiots have decided that they want the get rich quick market of the late 1990s back, and since the economy isn't really helping, they feel it will be okay to artificially inflate the price of gasoline, at everyone's expense. The proof is easy to see when you take a quick glance, and get some historical perspective.

When was the last time the average price per gallon of gasoline was under $1.00? Go ahead take a guess. You're probably thinking, 1984. You'd be wrong. It was the period from November 2, 1998 through March 22, 1999. From August 31, 1998 through March 22, 1999 it was only over $1.00 for four weeks, and during those four weeks the maximum was $1.01. The lowest price during these low prices was $0.885 per gallon, and oil prices were at $11.96 per barrel. So in 6 1/2 years oil prices have increased nearly 600%. If your milk prices had skyrocketed at that rate you'd shoot the milkman.

Also in 1999, the stock market was rising at an incredible rate. The Nasdaq was rising even faster. Idiots had found a way to make money fast, a little something called the IPO. Initial Public Offerings of all sorts of internet companies were popping left and right, and everybody wanted a piece of the action. Then it went bust (well not completely, it should have fallen much farther) and these very same people who thought they were so smart, were broke, and trying in vain to influence the markets to get themselves rich again.

Now, they have found that oil is a very easy market to control. All you have to do is make up supply shortages. Claim that China and India have suddenly become ultra-modern overnight, driving demand through the roof. Claiming that we've increased demand 80,000 fold wouldn't work, since we all live here and know we haven't changed our habits, but who knows what's going on in China and India?

Basically, we the people should brace ourselves for the worst pocket raping in the known history of mankind. Even worse than the piece of garbage known as the federal income tax, FICA, and social security.

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Great rant and spot on. Just to add more "fuel to the fire" pardon the pun . . .

Associated Press

High Energy Prices Boost 3 Oil Companies

07.28.2005, 04:48 PM

Two of the world's largest oil companies, Exxon Mobil Corp. and Royal Dutch Shell PLC, said Thursday that second-quarter profits rose by about one-third, buoyed by high energy prices and higher worldwide consumption. The companies improved their earnings despite rising costs and lower output of oil and natural gas.

Marathon Oil Corp., a smaller player in the energy business, also benefited from soaring energy prices in the second quarter, achieving 91 percent earnings growth.

"It was a good day for oil," said Fadel Gheit, an analyst at Oppenheimer & Co. in New York.

However, the mammoth quarterly profits at Exxon Mobil and Royal Dutch Shell - more than $7 billion and $5 billion, respectively - fell short of analysts' expectations and there is some concern on Wall Street about the oil giants' flagging output.

"The earnings that are coming out have been for the most part very impressive, near record levels, so whether they meet consensus or come up short, is less important in my mind," said Jacques Rousseau, analyst from Friedman, Billings, Ramsey & Co.

But "there are some concerns over big oil companies not growing production," he said.

Shares of Exxon Mobil rose 40 cents to $60 on the New York Stock Exchange. Royal Dutch Shell's stock price fell 31 euros (37 cents) to close at 24.75 euros ($29.70) on the Euronext stock exchange.

A major factor underpinning profit growth at major petroleum companies is the soaring cost of crude oil, which traded above $50 a barrel on world markets for much of the quarter. Lucrative transportation fuels such as gasoline, diesel and jet fuel are also trading at near-record heights and demand is rising globally as a result of economic growth.

In the United States, the average retail price of unleaded gasoline is $2.29 per gallon, an increase of 38 cents from a year ago. Diesel, which keeps the trucking industry humming, is selling for $2.34 a gallon, up 59 cents from last year.

Exxon Mobil, the world's largest publicly traded oil company, said Thursday that net income in the April-June quarter rose 32 percent to $7.64 billion, with gains coming from exploration and production, refining and sales of gasoline and other fuels. Revenue climbed 25 percent to $88.6 billion.

Exxon's net profit was equivalent to $1.20 per share. Excluding one-time items, earnings totaled $1.23 per share, a penny shy of the consensus estimate of analysts surveyed by Thomson Financial.

With world oil prices trading above $50 a barrel for much of the quarter, Exxon's profit from exploration and production jumped $1 billion to $4.9 billion in spite of a 4 percent decline in output.

Gheit, said the segment stood out, but he still thought the figures should have been higher. "The underlying cost structure for Exxon and the industry is definitely rising - and it could be rising pretty fast," he said.

A steep rise in the price of gasoline, diesel and other fuels enabled Exxon to increase its earnings from refining and retail sales by $714 million to $2.2 billion. Its chemicals business reaped $814 million, up $207 million from a year earlier.

The newly merged Royal Dutch Shell announced a 34 percent increase in second-quarter profit to $5.24 billion. That was below analysts' expectations of $5.509 billion.

Revenue jumped 33 percent to $82.64 billion, according to the Anglo-Dutch company, which reported earnings as a single entity for the first time on Thursday following last week's unification of its parents, Shell Transport & Trading and Royal Dutch Petroleum.

Shell's quarterly profit from exploration and production surged 48 percent to $2.7 billion even as output declined by 1.5 percent. Still recovering from last year's scandal over the downward revision of its oil reserves, Shell said it plans to boost spending on exploration to an $1.8 billion in 2005 and 2006, up from $1.5 billion in 2004.

Repeated restatements of its oil reserves last year cost Shell, one of the world's largest oil producers with BP PLC and Exxon Mobil, almost $150 million in fines imposed by U.S. and British regulators and led to the dismissal of three senior executives.

"We know we have much more to do, including improving project management," said Chief Executive Jeroen van der Veer. "We are working very hard with a strong sense of purpose and I expect to see steady improvement."

Gheit said the company's latest results are evidence that they are "finally putting their house in order."

In Houston, oil and gas producer Marathon reported earnings of $673 million, compared with $352 million in the year-ago period. Its revenue rose rose 28 percent to $16.1 billion.

Stripping out special items, Marathon reported adjusted earnings of $755 million, or $2.16 per share. The results soundly beat analysts' expectations for a profit of $1.57 per share.

Shares of Marathon climbed $1.11 to $58.99 on the NYSE.

So WHY is the output lower??? Read between the lines and see what is going on.

This is reality. We are being porked by the people in power. Does it suprise anyone that Bush and Co.'s largest supporters are making money hand over fist? $7Billion in the first quarter of 05', while we are paying through the a$$ :wtf:

This is a LARGE scale porking of the American people, similar to the Enron-Claifornia screwing a few years ago. You only have to open your eyes and be aware of the situation, know the personalities of the people in power, know their track record, watch what they have done previously and make an educated judgement. This is what is going on, IMHO.

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