Comments on: Gas Prices — The Harder They Come, The Softer They Fall

By: f50 adizeros

f50 adizeros — Sun, 09 Oct 2011 05:51:58 +0000

You’re actually a good website owner with nice analytical capability!

By: Diana

Diana — Fri, 02 Sep 2011 13:51:05 +0000

great info! thanks

By: J. Collier

J. Collier — Fri, 02 Sep 2011 13:30:45 +0000

I paid $3.539 per gallon for 87 octane unleaded at the Shell station last evening. I then went inside the convenience store and selected a bottle of water from the cold case. It was a 20-ounce bottle of Ozarka and cost $0.79; Ozarka is bottled municipal water, i.e., tap water. Bottled water costs more than gasoline. There are 128 ounces in a U.S. gallon. To make one gallon of Ozarka, I would have to buy 6.4 bottles. At $0.79 for each 20-ounce bottle, this gallon of bottled water would cost $5.056. The gallon of bottled tap water costs 43% more than the gallon of gasoline. Bottled water costs more than gasoline. Significantly more. I would go into how much more costly it is to produce that gallon of gasoline than to fill those bottles from a tap, how much more dangerous it is to make and transport than the water, but I think you see my point clearly. Bottled water costs more than gasoline, 43% more.

By: dadnamit

dadnamit — Fri, 02 Sep 2011 03:35:43 +0000

That panel must be some of the stupidest people in the world. Everyone knows that profits are made when gas prices shoot up fast. (makes petroleum already owned worth more) When they go down slow it keeps them from losing money or possibly even making money. (reduces losses or maintains margins on petroleum already owned)

By: Cheri

Cheri — Fri, 02 Sep 2011 03:15:09 +0000

Maybe they don’t want the general public and the other countries to know about North Dakota because they would find a way to get their grubby little hands on it or find a way to destroy the fields….or maybe some Go Green company would find a way to make it so that we could not drill for fear that some tiny little animal may be displaced or even made extinct…..the questions go on and on…..

By: amused123

amused123 — Fri, 02 Sep 2011 02:18:11 +0000

Not undetstoof by morons.
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“The causes of asymmetric pass-through in retail to wholesale price relationships are not fully understood,”

By: milehimike

milehimike — Fri, 02 Sep 2011 02:05:58 +0000

“The causes of asymmetric pass-through in retail to wholesale price relationships are not fully understood,” it’s called GREED !!!!

By: Brent

Brent — Fri, 02 Sep 2011 01:55:30 +0000

How can you get true news from media giants whom depend on the advertising they sell to the very folks they are supposed to cover in an unbiased way? Exxon & Shell had combined profits of $19,400,000,000 dollars in profits during the 2nd quarter of this year. There is no use in opening the rich oil fields here if it is only going to be another tool to distance the rich from the rest of us. Keep those oil fields untapped until after our country makes the transition that is on the way, so that all Americans once again get to share in the prosperity, not just a relative few at the very top of the economic ladder. They already have their Mexican slaves, they are making money hand over fist in trade deals that leave the rest of the country with huge trade deficits, why give them anything else when it is obvious they are trying to annihilate the middle class, leaving the U.S. to become a mirror image of Mexico itself?

By: dave

dave — Fri, 02 Sep 2011 01:33:15 +0000

very simple,,, pure greed

By: Marty Gilbertson

Marty Gilbertson — Fri, 02 Sep 2011 00:50:28 +0000

This is why we need to focused on places like the Balkan oil field in North Dakota were its reported we have more oil then any single OPEC country and enough to supply the US for over 2,000 years with a price of around 16 to 20 dollars a barrel. This is also sweet crud some of the best one could hope for but along with it we also need to have the refining ability some thing we do not have being no new ones have been built for about 30 years. Also congress needs to look into the possibility of the OPEC countries supplying money to the green energy people who are also out to stop this field’s development. to my thinking any on shore development is a lot better then any deep well or for that matter even shallow off shore drilling so why is this field not being reported on as it should be and letting all know the scope of how big it really is and how it can make America energy depended on its self so easily and cut OPEC out fully, this would not only help jobs and development of this country but it would help others around the world that are also held hostage to OPEC!