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Mark Borgerson January 25th 07 10:12 PM

Gas $1.99/gallon!
 
In article ,
says...
Larry inscribed in red ink for all to know:
RW Salnick wrote in news:ep8tbu$v5j$1
@gnus01.u.washington.edu:


Maybe it is just SouthernBigOil that got the message.



Sunoco? Sun Oil was from Pennsylvania, last time I checked...(c;

Gas is cheaper in Charleston because we are a gas dump from the ships. I
like to take those buying Exxon or Shell down to the Hess Oil storage place
to show them all the different oil company trucks lined up at 4AM to put
the same Hess gas in all the tanks...at higher prices, of course...

Larry


Then, as Seattle is the "dump" point for all the Alaskan crude, we
should have the same thing here... Instead, the sign right outside my
window still says $2.79 this morning

I think it's not just crude prices---there's also an apparent shortage
of refineries in the US---particularly on the West Coast.

http://www.slate.com/id/2102031/


Mark Borgerson



Larry January 25th 07 11:46 PM

Gas $1.99/gallon!
 
Dave wrote in
:

On Thu, 25 Jan 2007 15:42:58 -0500, Larry said:

I thought all the Alaska crude went to Tokyo and Osaka and Hong Kong
where they'll pay much higher prices for it than America will.


Why am I not surprised that that's what you thought?


Hmm....Japan pays more for oil than America....so why wouldn't I ship oil
to Japan, where it makes me more money??

Larry
--
Democracy is when two wolves and a sheep vote on who's for dinner.
Liberty is when the sheep has his own gun.

Larry January 26th 07 12:00 AM

Gas $1.99/gallon!
 
Steve Thrasher wrote in
:

I hate to break this to you. I live in Alaska. The crude is tankered
down to you guys, refined and tankered back up here. I saw it for
$2.1599 at one of the Fred Meyers yesterday. Meaning with my fuel
discount it's costing me $2.0599. Yep, I just filled up.


I used to be mobile cal lab manager for EIL Instruments, one of
Maryland's beltway bandits, and drove from their office in Va Beach
across to as far as the Mexican border calibrating CG, FAA and Navy
remotely situated test equipments at little bases, FAA VORTACs and Loran
C sites all over. (Try calibrating a scope while your cal lab is sitting
BETWEEN the capacitor hat and ground system of a multimegawatt 100Khz
Loran C pulse transmitter, some time.)

On one trip, some payback for voting the wrong way resulted in fuel being
made in Eastern Texas was allocated away from there to their pet states,
leaving poor Texans working AT the refineries with NO GAS at the 7-
Elevens!

I sat at a La Quinta Motor Inn in Beaumont, staring longingly at FOUR oil
refineries running full blast, trying to explain to my ****ed off boss
that the van's saddle tanks were EMPTY and this oil refining city had NO
GAS FOR SALE until Monday Morning at 9AM! We were gonna be late getting
to the CG Station in Brownsville, still half a world away across TEXAS!
Of course, my boss blamed me. Everything was my fault....(c;

Alaska needs to get in the refining business, then tell America what it
wants for gas and diesel...(c;....instead of just giving crude away until
it's gone.

Larry
--
Democracy is when two wolves and a sheep vote on who's for dinner.
Liberty is when the sheep has his own gun.

Gordon January 26th 07 12:55 AM

Skype
 
Larry, Larry, Larry!
Tell me it isn't true. You're still using Skype even after it was
bought out by big business (EBAY) and raised it's rates? I'm
disappointed in you.
Better look at voipbuster!
Gordon

KLC Lewis January 26th 07 01:29 AM

Gas $1.99/gallon!
 

"Dave" wrote in message
...
On Thu, 25 Jan 2007 14:05:59 -0800, Mark Borgerson

said:

Gee what would happen if all the states put a price cap on fuel prices?


If you had lived through the 70s in the US you wouldn't have to guess.


Crude oil prices are currently lower than the peak reached during the 70's
(I was in San Diego and then Charleston, SC during 77-79). After peaking in
the $70's per barrel, crude prices dropped over the next several years back
into the $14-18 per barrel range. After the current "crisis" is over, and
Shell, BP and ExxonMobile have secured their 30-year contracts on Iraqi oil,
crude prices will likely settle back down to around $20-25 level. Gasoline
prices will remain around $2 per US Gallon, because that's what Americans
now consider to be a "bargain price."

So I have prognosticated on this date, 25 Jan 2007.

Karin



Wayne.B January 26th 07 01:36 AM

Gas $1.99/gallon!
 
On Thu, 25 Jan 2007 18:46:38 -0500, Larry wrote:

Hmm....Japan pays more for oil than America....so why wouldn't I ship oil
to Japan, where it makes me more money??


Oil is traded daily on world wide auctions, the so called "spot
market". The rest is sold under longer term contracts. The spot
market goes to the high bidder for any given tanker load. If Japan
pays more it is because of shipping costs which are built into the
deal by the tanker brokers.


xorbit January 26th 07 01:40 AM

Gas $1.99/gallon!
 
Larry wrote:

Dave wrote in
:


On Thu, 25 Jan 2007 15:42:58 -0500, Larry said:


I thought all the Alaska crude went to Tokyo and Osaka and Hong Kong
where they'll pay much higher prices for it than America will.


Why am I not surprised that that's what you thought?



Hmm....Japan pays more for oil than America....so why wouldn't I ship oil
to Japan, where it makes me more money??

Larry


Does Japan pay more for oil? Do you have some numbers on this or a
reference?



xorbit January 26th 07 01:40 AM

Gas $1.99/gallon!
 


Larry wrote:

Alaska needs to get in the refining business, then tell America what it
wants for gas and diesel...(c;....instead of just giving crude away until
it's gone.

Larry


My understanding is that won't happen. As part of the agreement to
drill the north slope, no refineries would be allowed in Alaska. That
won't change because the environmental movement would never allow it.



KLC Lewis January 26th 07 02:09 AM

Gas $1.99/gallon!
 

"xorbit" wrote in message
...


Larry wrote:

Alaska needs to get in the refining business, then tell America what it
wants for gas and diesel...(c;....instead of just giving crude away until
it's gone.

Larry


My understanding is that won't happen. As part of the agreement to drill
the north slope, no refineries would be allowed in Alaska. That won't
change because the environmental movement would never allow it.



I'll bet Russia would be amenable to building refineries in Siberia, just
across the straights...




Steve Thrasher January 26th 07 03:06 AM

Gas $1.99/gallon!
 
xorbit wrote:
My understanding is that won't happen. As part of the agreement to
drill the north slope, no refineries would be allowed in Alaska. That
won't change because the environmental movement would never allow it.


Here is part of an article published: January 23, 2007 in The Anchorage
Daily News:
NORTH POLE -- A small fire that broke out Sunday at Alaska's largest
crude oil refinery did not interrupt production and refining operations,
officials said.
There were no injuries resulting from the fire at the Flint Hills
Refinery in North Pole.

There's more if you want to go to the web site at www.adn.com
Now, it's MY understanding that none of the North Slope oil can be
exported. It's all for domestic use. Federal law of some sort.


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