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Rainger99
11-09-2021, 05:25 PM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!

EdFNJ
11-09-2021, 05:39 PM
No, blame it on the pandemic and the fact OPEC was literally giving oil away for 18 months.

EDIT: Removed a quote & reference in this reply to a now removed post making that part of my reply moot.

dewilson58
11-09-2021, 06:05 PM
Hate to see USA shut down pipelines and ask OPEC to increase output.

Seems like the USA has tried to get to oil independence for the last 20 years.

Michael G.
11-09-2021, 06:23 PM
Seems like the USA has tried to get to oil independence for the last 20 years.

You like the US shutting down the pipe line?

dewilson58
11-09-2021, 06:24 PM
You like the US shutting down the pipe line?

What part of my first statement don't you understand???

I can type slower if that helps.

tophcfa
11-09-2021, 06:30 PM
And unfortunately, when gas and diesel prices go up, so does just about everything else.

frose
11-09-2021, 06:31 PM
we all what the problem is... watch 6.00$ a gallon by christmas..

JMintzer
11-09-2021, 06:44 PM
No, blame it on the pandemic and the fact OPEC was literally giving oil away for 18 months. I also think the political comment should be removed no matter how it is being covered up with cutsie names.

What political comment?

EdFNJ
11-09-2021, 07:03 PM
What political comment? The post in question was evidently (and properly based on rules here) deleted by a moderator.

Stu from NYC
11-09-2021, 07:24 PM
Sorry we are no longer self sufficient regarding energy.

Raywatkins
11-10-2021, 05:47 AM
We are Brits and have to pay about $7.50 per gallon.
We will hopefully be back in TV in a weeks time for the first time in 2 years.
So looking forward to seeing our house again as well as our great friends and neighbours.
When we have to buy gas we will be so pleased at the price.
So we just smile when we hear complaints about US gas prices.

Two Bills
11-10-2021, 06:16 AM
We are Brits and have to pay about $7.50 per gallon.
We will hopefully be back in TV in a weeks time for the first time in 2 years.
So looking forward to seeing our house again as well as our great friends and neighbours.
When we have to buy gas we will be so pleased at the price.
So we just smile when we hear complaints about US gas prices.

Don't know where you live but Premium is £7.50 a gallon round here, (Tesco's, Witney) that's about $9.80 in US
Mind you, 60% of that is Government Tax. inc. VAT on the tax.
We are being screwed royally!

ithos
11-10-2021, 06:20 AM
It will get much worse since higher prices is now government policy instead of energy independence. That is the only way to wean the USA off fossil fuels. They may occasionally pull stunts like begging OPEC for increased output but it is a ruse. For political purposes they will try and manage rate of price increases. Only a major economic dislocation will reverse the trend.

Biden's Energy Secretary Laughs When Asked About Increasing Oil Production (https://finance.yahoo.com/video/bidens-energy-secretary-laughs-asked-180708413.html)

Biden administration suspends new oil, gas drilling permits on federal land (https://www.msn.com/en-us/money/markets/biden-administration-suspends-new-oil-gas-drilling-permits-on-federal-land/ar-BB1cYERS)

Biden might close Michigan pipeline, White House admits (https://nypost.com/2021/11/08/biden-might-close-michigan-pipeline-white-house-admits/)

Exxon Debates Abandoning Some of Its Biggest Oil and Gas Projects - WSJ (https://www.wsj.com/articles/exxon-debates-abandoning-some-of-its-biggest-oil-and-gas-projects-11634739779)

Topspinmo
11-10-2021, 06:25 AM
No, blame it on the pandemic and the fact OPEC was literally giving oil away for 18 months.

EDIT: Removed a quote & reference in this reply to a now removed post making that part of my reply moot.

Really!

Topspinmo
11-10-2021, 06:26 AM
Don't know where you live but Premium is £7.50 a gallon round here, (Tesco's, Witney) that's about $9.80 in US
Mind you, 60% of that is Government Tax. inc. VAT on the tax.
We are being screwed royally!


Gas has always been high in England to support the Queen

YeOldeCurmudgeon
11-10-2021, 06:43 AM
The longer we are so dependent on fossil fuels, the longer they will continue to tyrannize our economy.

coconutmama
11-10-2021, 06:57 AM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!

Prices are moderating, as they do after a major event such as a hurricane or pandemic. We paid $3.09 yesterday.

irishwonone
11-10-2021, 07:06 AM
No, blame it on the pandemic and the fact OPEC was literally giving oil away for 18 months.

EDIT: Removed a quote & reference in this reply to a now removed post making that part of my reply moot.
Are you kidding?? My gosh we were the number 1 producer in the world and OPEC had nothing to do with it. Elections have consequences.

Ptmckiou
11-10-2021, 07:06 AM
You don’t gain independence by continuing to rely on Stone Age technology. When we stop using fossil fuels so much, thereby utilizing more modern technology, OPEC will no longer rule our lives. Fossil fuels have gone their way with the model-T. Time to advance.

wsachs
11-10-2021, 07:27 AM
Where does Enbridge oil go?

In short, much of the oil transported through Line 5 originates in western Canada, is shipped through Michigan and the Great Lakes, and refined in Canada for markets back in Canada and overseas. We won't miss anything.

mikemalloy
11-10-2021, 07:38 AM
How can fossil fuels be "stone age technology" and windmills are some modern marvel?

Blackbird45
11-10-2021, 07:47 AM
Most of us living here in the Village are old enough to have seen this scenario play out before.
Prices go up or go down for a number of reasons, the weather, supply demands, a foreign supplier doesn't like us anymore and there is just general inflation.
Even if you're not a global warming believer, if there is an alternative to the pump, we should jump on it.
I think we would all be better off in the long run.

timcarnicom
11-10-2021, 07:52 AM
OPEC prices were low because we were energy independent. Now that biden has ended that and we have to buy it from them again they are gouging us.

toeser
11-10-2021, 07:54 AM
You don’t gain independence by continuing to rely on Stone Age technology. When we stop using fossil fuels so much, thereby utilizing more modern technology, OPEC will no longer rule our lives. Fossil fuels have gone their way with the model-T. Time to advance.

But advance with what? Anyone with the least bit of scientific background knows full well solar and wind will only help. They cannot even come close to reliably meeting all of this country's energy needs.

If we hope to completely remove ourselves from fossil fuels (aviation?) we have to have new and massive power sources like nuclear and we need to be building new power plants TODAY. Some of that $1.2 trillion in infrastructure money should be going to research thorium nuclear or nuclear fusion. We cannot merely cut off today's source of energy, we have to have functional plans to replace it.

MandoMan
11-10-2021, 08:02 AM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!

The prices a year ago were artificially depressed because of fewer people driving during the pandemic. The prices were so low that a lot of shale oil producers shut up shop because they weren’t making a profit. Then that pipeline was hacked, and there was massive flooding near Houston and in Louisiana that interfered with refineries and with pipelines and trucking, and people began driving again, so prices went up. That’s how petroleum prices work. They have been much higher in the past (see charts), and they will be much higher in the future (see Europe). I drive a Prius, so my monthly cost for gas has only gone from $25 to $35. No big deal.

Blackbird45
11-10-2021, 08:09 AM
But advance with what? Anyone with the least bit of scientific background knows full well solar and wind will only help. They cannot even come close to reliably meeting all of this country's energy needs.

If we hope to completely remove ourselves from fossil fuels (aviation?) we have to have new and massive power sources like nuclear and we need to be building new power plants TODAY. Some of that $1.2 trillion in infrastructure money should be going to research thorium nuclear or nuclear fusion. We cannot merely cut off today's source of energy, we have to have functional plans to replace it.

We have to find an alternative, solar, wind, nuclear, a mouse on a treadmill, it doesn't matter. We have to sever the ties to this dependence on oil. Not in my life time, but sooner or later it's going to run out anyway.

Proveone
11-10-2021, 08:10 AM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!
An Electric cart and car would be better!

Bay Kid
11-10-2021, 08:12 AM
We all know the cause of the price increase. Now what are we going to do about change?

Andyb
11-10-2021, 08:13 AM
On purpose so you will buy an electric vehicle?

Two Bills
11-10-2021, 08:15 AM
Gas has always been high in England to support the Queen

Nothing to do with Queen.
She is self funding from Royal Estate profits.

.....and she would beat you at pool as well!:icon_wink:

Two Bills
11-10-2021, 08:20 AM
We all know the cause of the price increase. Now what are we going to do about change?

Yep!
Pandemic, and OPEC!:icon_wink:

RuthA
11-10-2021, 08:21 AM
Nice try but shutting down the keystone pipeline and passing extreme regulations against the oil, gas and coal industry doesn't have anything to do with it? Must be nice to be so willfully blind to the real reasons.

rsmurano
11-10-2021, 08:28 AM
You can’t compare gas costs here vs anywhere else in the world. Most countries don’t produce gas just import it. The USA has the ability to be a giant exporter of gas along with supplying our country with cheaper gas (look back just 1 year). Everybody knows why this is happening to us here. This process is only hurting the middle class and the poor because when gas goes up in price, so does most everything else

fgaba1949
11-10-2021, 08:31 AM
What do you think of natural gas prices in England for this winter ????
We are Brits and have to pay about $7.50 per gallon.
We will hopefully be back in TV in a weeks time for the first time in 2 years.
So looking forward to seeing our house again as well as our great friends and neighbours.
When we have to buy gas we will be so pleased at the price.
So we just smile when we hear complaints about US gas prices.

ThirdOfFive
11-10-2021, 08:42 AM
You don’t gain independence by continuing to rely on Stone Age technology. When we stop using fossil fuels so much, thereby utilizing more modern technology, OPEC will no longer rule our lives. Fossil fuels have gone their way with the model-T. Time to advance.
Fossil fuels are used because they are abundant and relatively cheap. If and when alternative sources of fuels become economically feasible, And cost in the range of or preferably less than the fossil fuels, the trend will be to use them. But realistically America is far from that point and will not get there anytime soon.

We as private citizens oftentimes delude ourselves into thinking that a changeover is a simple matter. And, on a personal level, for many of us such a change consists merely of swapping in the smoke-belching Yamaha golf cart for a glittering new electric version. But even there, the electricity that powers our new toy often is not comes from a plant that produces electricity by--you guessed it--burning FOSSIL fuels!

Even going beyond that: our newfangled golf carts might run perfectly well on electricity but overwhelmingly, America's industry does not. Nor is it a simple matter of replacing fossil fuels with some other manufactured "clean" fuel. take trucking, for example. It is true that biodiesel has been used by the American trucking industry for two decades now. But that is a mix: 80% - 20%, with 80% being a fossil fuel. to move to a higher proportion of clean fuel would necessitate substantial changes to the engines of just about all of the trucks, and in any case increasing the proportion of clean fuel in biodiesel generates problems all its own, such as the fuel refusing to flow when the temperature gets near or below the freezing point. Railway locomotives face the same problems: currently as I understand it locomotives use biodiesel that is 95% fossil fuel. Anything more, and strange things start happening. and a 100% switchover to a supposedly "clean" fuel such as ethanol would require a complete retooling of just about anything and everything that moves: an internal combustion engine designed to burn gasoline or diesel fuel CANNOT switchover to 100% ethanol without being essentially remanufactured.

But let's take a look at that "clean" fuel. We gas up the old Family Truckster with a fuel containing about 15% ethanol and field grand that we are saving the planet. But are we? I hail from an area where producing ethanol for industry is a big (government-subsidized, of course) industry. Ethanol from corn! But what a lot of people don't know is that ethanol production in America is, at best, a 1-1 proposition. At best, it cost us as much to produce a gallon of ethanol from corn as we get back from selling it, with much of the cost of production itself going to fossil fuel use: The tractors of the farmers producing the corn burn fossil fuel, as do the trucks and trains hauling the corn to the plant and hauling the finished product away from the plant. Is this doing the planet a favor? Somehow, I think we are deluding ourselves.

Not only that, the gasoline and diesel fuel is far cheaper to produce than ethanol or biodiesel. An ethanol plant is essentially a huge moonshine still. The corn needs to be processed and fermented, then distilled to produce ethanol, which not only takes a lot of time but which itself has storage problems far greater than that associated with gasoline--ethanol has a far shorter shelf life than does fossil fuels. Gasoline is far cheaper to manufacture because essentially it is not manufactured at all: It is already present in the crude oil, and it is a simple matter with the process of fractional distillation, to set the gasoline, number one diesel, number two diesel, etc., free of the crude oil and sell it.

Ethanol as a reliable fuel source is possible, but definitely not the way we are doing it here in America. Brazil, for example, runs substantially on ethanol fuel, but they get their fuel by fermenting sugarcane, not corn, with sugarcane giving them a return of about 7-1, as opposed to the at best 1-1 return America gets from corn. America simply does not have enough sugarcane to make that viable. We do however have sorghum, which could produce a 2 to 1 return, but there again it would involve a substantial retooling of the production apparatus, from farm to plant, before this is economically feasible.

It is an easy thing to chant mantras about clean-air, saving the planet, etc. etc. Unfortunately, reality intervenes and probably hundreds of ways that the well-intentioned save-the-planet types have never even thought of.

Petersweeney
11-10-2021, 08:49 AM
When will people get that electric cars are dependent on coal fired power plants…..ugh

OhioBuckeye
11-10-2021, 08:59 AM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!

We just went from Texas to Illinois to Ohio Texas was $2.99 - Oklahoma $2.99 - Illinois (Chicago) $3.45 to $3.70 - Indiana - $3.49 - Ohio $3.29. These were just average prices! But by far Illinois was the most expensive. Actually if you look a little bit Texas had gas for $2.91.

Blackbird45
11-10-2021, 09:00 AM
We all look for someone to blame.
Over the years we've had one oil issue or another.
I love my country, but we are notorious of ignoring looming problems until they're knocking on our door as a crisis.
Maybe the rising oil prices is a good thing.
It might force the public to demand an alternative.

Waltdisney4life
11-10-2021, 09:07 AM
I am hoping for $10 a gallon. You wanted it you voted for it now you got it.

JMintzer
11-10-2021, 09:27 AM
Don't know where you live but Premium is £7.50 a gallon round here, (Tesco's, Witney) that's about $9.80 in US
Mind you, 60% of that is Government Tax. inc. VAT on the tax.
We are being screwed royally!

If you're gonna' be screwed, it might as well be "Royally"! :1rotfl:

mikemalloy
11-10-2021, 09:28 AM
No, blame it on the pandemic and the fact OPEC was literally giving oil away for 18 months.

EDIT: Removed a quote & reference in this reply to a now removed post making that part of my reply moot.
If this were close to true than gas prices before the pandemic would be similar to what we're experiencing now. They weren't.
I'm pretty sure that if I grow my own tomatoes they're cheaper than buying them at a market. When we stopped drilling on public lands we went from home grown to buying on the world market.

Blackbird45
11-10-2021, 09:33 AM
When I was young and naive, I watch a 60 minute's interview with the CEO of Phillips 66.
The intro shoot was of this big building with a giant American flag blowing in the wind.
The topic was the shutting down of oil fields and the loss of jobs, because productions was being sent to foreign countries.
I don't remember much of the interview except for one question and answer.

When the CEO was asked didn't, he think he owed loyalty to this country, his answer was his loyalty was to the corporation.
As much as I found the answer distasteful, he was honest and he was correct.
His position was to increase the profits of the corporation.

There are always conflicting issues.
One person wants to save the planet, one person wants cheap prices another wants to create jobs in this country.
Is there an answer where we can have it all?
Beats me.

Two Bills
11-10-2021, 09:35 AM
What do you think of natural gas prices in England for this winter ????

Very high and going to cause a lot of problems.
Not a lot we can do but pay the piper, and look for alternatives.
On the plus side, UK North Sea gas companies are making big profits from the high world price, just same as US gas producers.
We will also have to try and get friendlier with Mr Putin! :icon_wink:

DeanFL
11-10-2021, 09:50 AM
.
.
FACTS>

U.S. consumer prices accelerated at the fastest annual pace in more than 30 years as supply chain bottlenecks and materials shortages persisted and gasoline prices surged.

The consumer price index climbed 6.2% year over year in October, the Labor Department said. The increase marked the largest annual gain since November 1990. Prices rose 0.9% month over month.

Analysts surveyed by Refinitiv were expecting prices to rise 0.6% in October and 5.8% annually.

"Inflation is broadening out," said Greg McBride, chief financial analyst at Bankrate. "In addition to food, energy, and shelter continuing to post outsized monthly increases, new and used car prices are once again shifting into overdrive."

INFLATION WILL LIKELY GET WORSE BEFORE IT STARTS IMPROVING, GOLDMAN WARNS

Energy prices jumped 4.8% last month, and were up 30% over the past year. The October increase was largely the result of a 6.1% rise in the cost of gasoline.

Food prices, meanwhile, edged up 0.9% last month as the food at home category saw a 1% increase. All food prices are up 5.3% year over year.
.
.

Jokomo
11-10-2021, 10:11 AM
we all what the problem is... watch 6.00$ a gallon by christmas..

Couldn't have said it better myself. But I'm not sure what you typed was what you meant.

Rainger99
11-10-2021, 11:00 AM
We are Brits and have to pay about $7.50 per gallon.
We will hopefully be back in TV in a weeks time for the first time in 2 years.
So looking forward to seeing our house again as well as our great friends and neighbours.
When we have to buy gas we will be so pleased at the price.
So we just smile when we hear complaints about US gas prices.

I read online that about 72% of the gas price in the UK is for taxes - both fuel duty and Value Added Tax (VAT). That means that the actual price is only about 28% of price at the pump.

It is like the price of cigarettes. In some states, the government makes more per pack than Big Tobacco.

I don’t smoke but I do drive!!

irishwonone
11-10-2021, 11:08 AM
nice try but shutting down the keystone pipeline and passing extreme regulations against the oil, gas and coal industry doesn't have anything to do with it? Must be nice to be so willfully blind to the real reasons.
yes it must be!

Blackbird45
11-10-2021, 11:57 AM
I could be wrong, but I remember repletely hearing that the Canadian oil that was going through the pipe line was not designated for use in the U.S., only refined here and then ship to foreign ports

KAM+6
11-10-2021, 01:04 PM
Nice try but shutting down the keystone pipeline and passing extreme regulations against the oil, gas and coal industry doesn't have anything to do with it? Must be nice to be so willfully blind to the real reasons.

As long as its not going anywhere near your town. A friend who was furious that they shutdown the pipeline was furious that Amazon wanted to put a warehouse on the fringe of his town. Technically in his town but not "in", just off 95.

DAIII
11-10-2021, 01:15 PM
**not all electric vehicles depend on coal/power plants to operate them.

Those solar panels you see on homes in the sunshine state generate enough for the car and house.

The variance between... fuel prices jumping and SECO electric jumping is night and day.

I'd bet on electric.. and... solar if it were me. (wait it was me)

My first home had electric heat and I was terrified... until they told me it's 100% efficient. (not many oil/gas systems are 100% efficient)

A reason why electric vehicles are so hard to buy right now. - it's the future.

Curtisbwp
11-10-2021, 02:32 PM
And The the worse is yet to come....

Vermilion Villager
11-10-2021, 04:06 PM
Where does Enbridge oil go?

In short, much of the oil transported through Line 5 originates in western Canada, is shipped through Michigan and the Great Lakes, and refined in Canada for markets back in Canada and overseas. We won't miss anything.
How's the quote go again??? Oh yeah....DON'T CONFUSE ME WITH THE FACTS, MY MIND'S ALREADY MADE UP!!!!! :1rotfl:

Vermilion Villager
11-10-2021, 04:10 PM
Nice try but shutting down the keystone pipeline and passing extreme regulations against the oil, gas and coal industry doesn't have anything to do with it? Must be nice to be so willfully blind to the real reasons.
Ahhh....care to back up with facts anything you just said???
Keystone was shutdown in 2017
Name the extreme regulations....any of them!!

Vermilion Villager
11-10-2021, 04:15 PM
You can’t compare gas costs here vs anywhere else in the world. Most countries don’t produce gas just import it. The USA has the ability to be a giant exporter of gas along with supplying our country with cheaper gas (look back just 1 year). Everybody knows why this is happening to us here. This process is only hurting the middle class and the poor because when gas goes up in price, so does most everything else

One year ago (2020) we were exporting oil.....because nobody was driving their cars, and the country was in lockdown!!! You do remember that don't you????

JMintzer
11-10-2021, 04:19 PM
Ahhh....care to back up with facts anything you just said???
Keystone was shutdown in 2017
Name the extreme regulations....any of them!!

That was a shutdown of the OLD Keystone pipeline...

And it was not the NEW Keystone XL pipeline that everyone on this thread is talking about

JMintzer
11-10-2021, 04:24 PM
One year ago (2020) we were exporting oil.....because nobody was driving their cars, and the country was in lockdown!!! You do remember that don't you????

Then please explain why it was also the case in 2019, BEFORE Covid lockdowns...

thevillages2013
11-10-2021, 04:57 PM
**not all electric vehicles depend on coal/power plants to operate them.

Those solar panels you see on homes in the sunshine state generate enough for the car and house.

The variance between... fuel prices jumping and SECO electric jumping is night and day.

I'd bet on electric.. and... solar if it were me. (wait it was me)

My first home had electric heat and I was terrified... until they told me it's 100% efficient. (not many oil/gas systems are 100% efficient)

A reason why electric vehicles are so hard to buy right now. - it's the future.
You driving a Tesla or pumping gas these days?

thevillages2013
11-10-2021, 07:36 PM
The longer we are so dependent on fossil fuels, the longer they will continue to tyrannize our economy.

Make sure your bicycle is in tip top shape

ithos
11-10-2021, 08:41 PM
**not all electric vehicles depend on coal/power plants to operate them.

Those solar panels you see on homes in the sunshine state generate enough for the car and house.

The variance between... fuel prices jumping and SECO electric jumping is night and day.

I'd bet on electric.. and... solar if it were me. (wait it was me)

My first home had electric heat and I was terrified... until they told me it's 100% efficient. (not many oil/gas systems are 100% efficient)

A reason why electric vehicles are so hard to buy right now. - it's the future.

You are ignoring the inefficient part of the equation. If the electricity is generated by using fossil fuel those efficiencies are around 30 to 45% at the power plant. When using fuel oil to heat your home it is about 90%. Electric strip heaters are one of the most expensive ways to heat your home.

However, an ICE is about 30% efficient which is one of the reasons why electric vehicles are often cheaper to operate than ones that use gasoline.

DaleDivine
11-10-2021, 10:47 PM
Make sure your bicycle is in tip top shape

Get an E-Bike...
:bigbow::bigbow:

DAIII
11-11-2021, 06:11 AM
You driving a Tesla or pumping gas these days?

Tesla vehicle and Tesla solar since 2019. it's a wonderful feeling being less dependent on fuel and electricity.

kkingston57
11-11-2021, 11:07 AM
Can not compare last years price to this years price. At 1 time in 2020 oil was selling at a negative price.

Gas prices are a problem for some of us but would bet that they affect less than 5% of people in TV.

Oil companies and/or oil producing countries control the supply and they have 0, Nada etc reasons to increase production and reduce the price. They are more concerned about making money and increasing stock holder value.

biker1
11-11-2021, 11:12 AM
OPEC+ has already announced they will start ramping up production in Dec with the goal of getting back to pre COVID levels over the next year or so. Yes, they will milk it a bit but they are going to increase production.

Can not compare last years price to this years price. At 1 time in 2020 oil was selling at a negative price.

Gas prices are a problem for some of us but would bet that they affect less than 5% of people in TV.

Oil companies and/or oil producing countries control the supply and they have 0, Nada etc reasons to increase production and reduce the price. They are more concerned about making money and increasing stock holder value.

JSR22
11-11-2021, 03:21 PM
I was just at Sam's Club and gas has dropped. Unleaded was $2.98 a gallon.

JMintzer
11-11-2021, 04:03 PM
I was just at Sam's Club and gas has dropped. Unleaded was $2.98 a gallon.

The current average price in the state is still $3.28... Up from $3.17 1 month ago...

The current average in Sumter County is $3.22

JSR22
11-11-2021, 04:16 PM
The current average price in the state is still $3.28... Up from $3.17 1 month ago...

The current average in Sumter County is $3.22

I posted about Sam's prices so fellow Villagers can get a better price on gas. The national average has nothing to do with my post! Every place in Sumter I saw today was $3.19 or less. Prices in Sumter are coming down.

JMintzer
11-11-2021, 04:47 PM
I posted about Sam's prices so fellow Villagers can get a better price on gas. The national average has nothing to do with my post! Every place in Sumter I saw today was $3.19 or less. Prices in Sumter are coming down.

I never mentioned the "National Average"...

But yes, Sam's is a good price. Which is good, IF you are a Sam's Club member...

JSR22
11-11-2021, 04:50 PM
I never mentioned the "National Average"...

But yes, Sam's is a good price. Which is good, IF you are a Sam's Club member...

I meant state and it's great the prices are coming down.

JMintzer
11-11-2021, 04:58 PM
I meant state and it's great the prices are coming down.

Well, that seems to be true at THAT Sam's Club. But state wide, they're still higher than a month ago, and WAAAAY higher than a year ago...

Rainger99
11-11-2021, 05:03 PM
In September, the Eurozone inflation increased by an annual 3.4 percent in September. In the US, inflation increased by an annual 5.4% in September.

davem4616
11-11-2021, 05:05 PM
BJ's in Clermont had regular gasoline at $3.01 today...(of course I filled up a $3.23 a few days ago)

John41
11-11-2021, 05:40 PM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!

Gasoline price is determined in the future market. The current policy is to reduce US production so traders anticipate shortages in the future and price will be the rationing mechanism as always.

Calisport
11-11-2021, 08:50 PM
//////

Topspinmo
11-11-2021, 10:25 PM
You don’t gain independence by continuing to rely on Stone Age technology. When we stop using fossil fuels so much, thereby utilizing more modern technology, OPEC will no longer rule our lives. Fossil fuels have gone their way with the model-T. Time to advance.

You do know everything green made from fossils fuels, mined with fossil fuels and electricity majority charge their batteries produced by fossil fuels. You can not have anything green without fossils fuels or mining. Don’t say mining trucks have electric motors, they do but the generator turned to produce that much power used big Diesel engine.

Topspinmo
11-11-2021, 10:28 PM
I posted about Sam's prices so fellow Villagers can get a better price on gas. The national average has nothing to do with my post! Every place in Sumter I saw today was $3.19 or less. Prices in Sumter are coming down.


This week, I pretty sure it will be 3.50 by end of the year? Another thing it’s only going down cause china dumping reserves on the market. When they gets snapped up prices will go up.

biker1
11-11-2021, 11:53 PM
I believe you have missed the point. The issue is not the use of fossil fuels. The point is that electric vehicles use much less energy than gas powered vehicles - much less even when you account for the additional energy needed to manufacture them when compared to gas cars. Burning gas in a car is very inefficient. You are better off burning fossil fuels to make electricity to power electric cars since the total energy use is much less. Aircraft and cargo ships will be probably continue to burn fossil fuels for the foreseeable future. For large aircraft, there is a significant energy density issue that won't be solved anytime soon. We will never totally eliminate the use of fossil fuels but we can dramatically reduce their usage. This has rather significant geopolitical implications.

You do know everything green made from fossils fuels, mined with fossil fuels and electricity majority charge their batteries produced by fossil fuels. You can not have anything green without fossils fuels or mining. Don’t say mining trucks have electric motors, they do but the generator turned to produce that much power used big Diesel engine.

amexsbow
11-12-2021, 08:35 AM
All electric cars, all electric trucks, how do you produce that much more electricity with the current electrical grid and generating capacity? Seems like a recipe for disaster. Meanwhile China and India are increasing coal fired electric generating capacity.

amexsbow
11-12-2021, 08:43 AM
I believe you have missed the point. The issue is not the use of fossil fuels. The point is that electric vehicles use much less energy than gas powered vehicles - much less even when you account for the additional energy needed to manufacture them when compared to gas cars. Burning gas in a car is very inefficient. You are better off burning fossil fuels to make electricity to power electric cars since the total energy use is much less. Aircraft and cargo ships will be probably continue to burn fossil fuels for the foreseeable future. For large aircraft, there is a significant energy density issue that won't be solved anytime soon. We will never totally eliminate the use of fossil fuels but we can dramatically reduce their usage. This has rather significant geopolitical implications.

Alas, were it true.

Bloomberg - Are you a robot? (https://www.bloomberg.com/news/features/2020-02-05/wind-turbine-blades-can-t-be-recycled-so-they-re-piling-up-in-landfills)

The Dark Side of Solar Power (https://hbr.org/2021/06/the-dark-side-of-solar-power)

Lithium Mining: The Hidden Environmental Cost of EVs – Streetsblog USA (https://usa.streetsblog.org/2021/02/09/lithium-mining-and-the-hidden-environmental-costs-of-evs/)

biker1
11-13-2021, 03:54 AM
This is a common misconception by those who haven't looked at the numbers. If all gas cars in the US were replaced by electric cars right now, we would need about 30% more electricity than we are currently producing. We currently produce about 4.1 trillion kWhs of electricity. Since it will probably take 30 years to replace most gas cars with electric cars, the needed expansion of the grid will be done gradually. The average age of a car today is 12 years and some estimate that about 50% of cars manufactured in 2030 will still be gas. Most recharging can be done at night when electric demands are lower. Some utilities have been managing demand by having variable rates (electricity is cheaper at night). I suspect we will see more of that in the future. I am not sure why you mentioned China and India. The percentage of electricity from coal in the US has been dropping and is down to about 20%. Nuclear and renewables are also about 20% each.

All electric cars, all electric trucks, how do you produce that much more electricity with the current electrical grid and generating capacity? Seems like a recipe for disaster. Meanwhile China and India are increasing coal fired electric generating capacity.

biker1
11-13-2021, 03:57 AM
Strawman arguments. My point was that you are better off generating electricity with fossil fuels to power electric cars than burn the fossil fuels in gas cars.

Alas, were it true.

Bloomberg - Are you a robot? (https://www.bloomberg.com/news/features/2020-02-05/wind-turbine-blades-can-t-be-recycled-so-they-re-piling-up-in-landfills)

The Dark Side of Solar Power (https://hbr.org/2021/06/the-dark-side-of-solar-power)

Lithium Mining: The Hidden Environmental Cost of EVs – Streetsblog USA (https://usa.streetsblog.org/2021/02/09/lithium-mining-and-the-hidden-environmental-costs-of-evs/)

Topspinmo
11-14-2021, 07:36 AM
Nothing to do with Queen.
She is self funding from Royal Estate profits.

.....and she would beat you at pool as well!:icon_wink:

I doubt it. I played snooker while in England :icon_wink:

Topspinmo
11-14-2021, 07:41 AM
Summer of 2020, U.S. oil production dropped by 3 million barrels per day (BPD). It was the largest short-term drop in history, and that was on Trump's watch. It wasn't his fault, but he also was powerless to prevent it.


Since the 2020 plunge, oil production has bounced back by 1.5 million BPD, but we are still 1.5 million BPD below where we were in January 2020. But demand started to recover last summer. The people raging against Biden surely don't know this: During the last five months that Trump was in office, oil prices increased by 43%. Again, not his fault, but he was also powerless to prevent it.

What we have seen since Biden took office is a continuation of the same trend that started in September 2020. Demand has recovered, and supply has not. When you are missing 1.5 million BPD of oil supplies -- which has also played out in many other countries -- you are going to have surging prices. There is absolutely nothing a President can do about it. He can scream at the oil companies. He can scream at OPEC. But there is nothing he can practically do to move the needle in the short term when 1.5 million BPD of oil supplies are missing.

Oh, and if you are one of those "Biden is preventing drilling" people, consider this. Since he took office, the number of rigs drilling for oil has risen by 62%. Again, not because of him, and not despite him. A function of the rising price of oil.

You can argue with me about this if you want, but you will be wrong.

thanks to Robert Rapier


I can argue with anybody. Lots thing control oil prices. Reducing ability to transfer oil to refineries does impact oil delivery which intact prices, not mention all jobs lost. But, some not worried about jobs. And another thing when prices was at rock bottom low (less than 2 dollars gallon) it cost more to produce it, so naturally production would fall of and it had now where to go but up. Another thing when prices are high naturally their going drill more to turn profits.

fgaba1949
11-14-2021, 07:50 AM
I believe that we are in a self made energy crisis in Europe and England
Comments

JMintzer
11-14-2021, 09:00 AM
Summer of 2020, U.S. oil production dropped by 3 million barrels per day (BPD). It was the largest short-term drop in history, and that was on Trump's watch. It wasn't his fault, but he also was powerless to prevent it.


Since the 2020 plunge, oil production has bounced back by 1.5 million BPD, but we are still 1.5 million BPD below where we were in January 2020. But demand started to recover last summer. The people raging against Biden surely don't know this: During the last five months that Trump was in office, oil prices increased by 43%. Again, not his fault, but he was also powerless to prevent it.

No, it went up approximately 25%, with the largest increases happening the 2 months after the election...

Crude Oil (petroleum) - Monthly Price - Commodity Prices - Price Charts, Data, and News - IndexMundi (https://www.indexmundi.com/commodities/?commodity=crude-oil&months=60)

What we have seen since Biden took office is a continuation of the same trend that started in September 2020.

No, from June thru November, there was barely any change.

Demand has recovered, and supply has not. When you are missing 1.5 million BPD of oil supplies -- which has also played out in many other countries -- you are going to have surging prices. There is absolutely nothing a President can do about it. He can scream at the oil companies. He can scream at OPEC. But there is nothing he can practically do to move the needle in the short term when 1.5 million BPD of oil supplies are missing.

Banning new leases on public lands for oil and gas most certainly added to the "missing" 1.5 million barrels...

Oh, and if you are one of those "Biden is preventing drilling" people, consider this. Since he took office, the number of rigs drilling for oil has risen by 62%. Again, not because of him, and not despite him. A function of the rising price of oil.

Those are additional wells on existing sites.

You can argue with me about this if you want, but you will be wrong.

thanks to Robert Rapier

Or, you could be wrong...

Topspinmo
11-18-2021, 05:34 PM
Jumped 25 cents this week as of yesterday. Didn’t look at price today. It was 3.35 yesterday.

tophcfa
11-18-2021, 06:34 PM
Strawman arguments. My point was that you are better off generating electricity with fossil fuels to power electric cars than burn the fossil fuels in gas cars.

Not if you need to drive about 700 miles per day, for two days in a row, several times per year.

John41
11-18-2021, 08:07 PM
One year ago (2020) we were exporting oil.....because nobody was driving their cars, and the country was in lockdown!!! You do remember that don't you????

And the rest of the world was in lockdown too and not driving their cars. So why were they importing oil they didn’t need. Lol

Topspinmo
11-18-2021, 10:39 PM
Up 2 more cents to 3.37. Anybody want or bet 3.75 by thanksgiving? I bet it will top 4.18 the all time high on its way to 5 dollars gallon plus 2022?

tc1963
11-18-2021, 11:03 PM
Just came across two gas receipts-one was from 11/9/20-exactly a year ago. The price was $2.20 The second receipt is from 1/22/21. The price was $2.36. Last week it was $3.25. Up 48% in the past year and 38% since January. Glad I am getting about 50 mpg with the golf cart!!
Biden's wish for an "all electrical society"! Cut off the Alaskan/Canadian/ US 48 pipeline, unemploying thousands, and there was an almost immediate increase in gasoline (Brits = petro) prices. Factual news not fake news. But where is the Biden electricity originating from? Mostly burning fossil fuels (oil / natural gas / coal) or from water contaminating Nuke plants. Alternatives such as solar, wind are minute in comparison and not even conversational unless you are on a 4,000+ acre farm in the middle of no where. Gasoline is derived from fossil fuels.

Either it goes directly in the gas tank, or thru the round about conversion process from fossil fuel/nuke sources to electricity, to charge the hugely expensive to replace battery cell in your car. Huge battery disposal issues - there are no remedies currently available, for an EV battery system that I have seen. Supposedly will not decompose in our lifetime.

Oh by the way, saw a post complaining about the emissions created by lawn care personnel implying they should have their emissions regulated. How about the nasty black smoke emitting from golf carts spewing toxic unregulated fumes!!! They most definitely out number lawn care vehicles. Oops that offends the life blood of TV.!!! Just go thru any tunnel and try to take a breath!!!!

Topspinmo
11-18-2021, 11:13 PM
Biden's wish for an "all electrical society"! Cut off the Alaskan/Canadian pipeline and there was an almost immediate increase in gasoline (Brits - petro) prices. Factual news not fake news. But where is the Biden electricity originating from? Mostly burning fossil fuels (oil / natural gas) or from water contaminating Nuke plants. Alternatives such as solar is minimal and not even conversational unless you are on a 4,000+ acre farm in the middle of no where. Gasoline is derived from fossil fuels.

Either it goes directly in the gas tank or thru the round about conversion process from fossil fuel/nuke sources to electricity to charge the hugely expensive to replace battery cell. Huge disposal issues - there are no remedies currently available, for an EV battery system that I have seen. Supposedly will not decompose in our lifetime.

Oh by the way, saw a post complaining about the emissions created by lawn care personnel implying they should have their emissions regulated. How about the nasty black smoke emitting golf carts spewing toxic unregulated fumes!!! They most definitely out number lawn care vehicles. Oops that offends the life blood of TV.!!! Just go thru any tunnel and try to take a breath!!!!

Next time I see electric cart that can’t make it up hill I will go around it instead of pushing it up the hill with my gas nasty black smoke emitting golf cart spewing toxic unregulated fumes. The only black smoke emitting carts I seen was 1o year plus carburetor cart the was probably neglected And may I add 10 plus year old electric carts are mostly worthless.

Ben Franklin
11-18-2021, 11:35 PM
It's sad that so many Americans just have no clue, but they love to blame someone. First, Russia and Saudi Arabia were having an oil war, which drove down prices last year, plus COVID created less demand for oil/gas. The pipeline for Canada's dirty oil (Keystone pipeline) that was shut down in January was only 8% complete. We weren't getting oil from it. All oil prices are set by the global oil market. Supply and demand determines the actual price. Also, if the oil Oligarchs only use half of their working drills to pump oil, then prices go up. Less pumped=higher prices, more pumped=lower prices.

Do your grandkids a favor, and leave them a cleaner earth. Buy an Electric Car.

tc1963
11-19-2021, 12:26 AM
I can argue with anybody. Lots thing control oil prices. Reducing ability to transfer oil to refineries does impact oil delivery which intact prices, not mention all jobs lost. But, some not worried about jobs. And another thing when prices was at rock bottom low (less than 2 dollars gallon) it cost more to produce it, so naturally production would fall of and it had now where to go but up. Another thing when prices are high naturally their going drill more to turn profits.

Spell/grammar check please.

tc1963
11-19-2021, 01:20 AM
Next time I see electric cart that can’t make it up hill I will go around it instead of pushing it up the hill with my gas nasty black smoke emitting golf cart spewing toxic unregulated fumes. The only black smoke emitting carts I seen was 1o year plus carburetor cart the was probably neglected And may I add 10 plus year old electric carts are mostly worthless.

Hey Topspinmo what is a "1o year plus carburetor cart "? If all gas carts are as efficient as yours than why are the tunnels so nasty? Do you breath the air thru the tunnel or do you hold your breath? To quote you "may I add 10 plus year old electric carts are mostly worthless." I have towed gas carts in the past with my electric! My 2010 Star does perfectly fine on hills (no push required) and has passed smog carts on the same so called hills (humps). Calibrated to a LEGAL 19.8 MPH. You are likely operating a cart that exceeds the LEGAL SPEED LIMIT of 19.8 mph for golf cart that is not street legal which requires tags! Must be the extra testosterone! UGGG!

If you are caught exceeding the 19.8 you are driving an unregistered vehicle.

If caught You would face huge fines, possible jail time, and points which would affect your insurance on any other motor vehicle you own! I would get great pleasure watching this unfold, laughing as I drive my electric cart past you at a LEGAL19.8 and wave while your cart is impounded and you have your thumb out hitching for a ride. So, who will you be passing than? Former 50

davem4616
11-19-2021, 10:37 AM
When I was young and naive, I watch a 60 minute's interview with the CEO of Phillips 66.
The intro shoot was of this big building with a giant American flag blowing in the wind.
The topic was the shutting down of oil fields and the loss of jobs, because productions was being sent to foreign countries.
I don't remember much of the interview except for one question and answer.

When the CEO was asked didn't, he think he owed loyalty to this country, his answer was his loyalty was to the corporation.
As much as I found the answer distasteful, he was honest and he was correct.
His position was to increase the profits of the corporation.

There are always conflicting issues.
One person wants to save the planet, one person wants cheap prices another wants to create jobs in this country.
Is there an answer where we can have it all?
Beats me.


You hit the nail right on the head

where you sit is where you stand...and what motivates you to take, or not take action

of course there's a lot of folks that aren't able to understand how anyone could possibly have a different opinion than themselves

John41
11-19-2021, 02:02 PM
I believe you have missed the point. The issue is not the use of fossil fuels. The point is that electric vehicles use much less energy than gas powered vehicles - much less even when you account for the additional energy needed to manufacture them when compared to gas cars. Burning gas in a car is very inefficient. You are better off burning fossil fuels to make electricity to power electric cars since the total energy use is much less. Aircraft and cargo ships will be probably continue to burn fossil fuels for the foreseeable future. For large aircraft, there is a significant energy density issue that won't be solved anytime soon. We will never totally eliminate the use of fossil fuels but we can dramatically reduce their usage. This has rather significant geopolitical implications.

Although electric electric motors are more efficient than internal combustion engines ( 80% vs 20%) the energy density of a pound of gasoline is 10 times the energy density of the best Tesla battery.

Dana1963
11-19-2021, 02:32 PM
Spell/grammar check please.
It’s a blog not an English class

kkingston57
11-19-2021, 03:13 PM
And unfortunately, when gas and diesel prices go up, so does just about everything else.

Including the stock market. Do not like high gas prices, but it has been my experience that when gas prices are higher stock market indexes are higher. Was in Orlando, several hours ago(11/19) and paid $3.05 for regular.

kkingston57
11-19-2021, 03:20 PM
All electric cars, all electric trucks, how do you produce that much more electricity with the current electrical grid and generating capacity? Seems like a recipe for disaster. Meanwhile China and India are increasing coal fired electric generating capacity.

Was watching BBC News yesterday(11/18) and they have closed almost everything down in New Deli due to smog created by coal fired electric plants. Video clips showed what I would describe as horrendous smog.

Agree electric only is not the answer and US should have a reasonable approach/transition to more efficient/less polluting energy.

EdFNJ
11-19-2021, 03:21 PM
Calibrated to a LEGAL 19.8 MPH. You are likely operating a cart that exceeds the LEGAL SPEED LIMIT of 19.8 mph for golf cart that is not street legal which requires tags!
If you are caught exceeding the 19.8 you are driving an unregistered vehicle.

If caught You would face huge fines, possible jail time, and points which would affect your insurance on any other motor vehicle you own! I would get great pleasure watching this unfold, laughing as I drive my electric cart past you at a LEGAL19.8 and wave while your cart is impounded and you have your thumb out hitching for a ride. So, who will you be passing than? Former 50


Just for the record, Your "law quoting" regarding golf carts speeds is WRONG. Don't feel bad, you're not alone. Everyone likes to quote it in their own wrong way. There is no "legal speed limit" of 19.8, 19.9, 19.9999999999 mph! LOL, this is the ACTUAL LAW right from the State of Florida:

Low Speed and All-Terrain Vehicles - Florida Department of Highway Safety and Motor Vehicles (https://www.flhsmv.gov/safety-center/consumer-education/low-speed-vehicles/)

Golf carts are defined in section 320.01(22), Florida Statutes, as “a motor vehicle that is designed and manufactured for operation on a golf course for sporting or recreational purposes and that is not capable of exceeding speeds of 20 miles per hour.” Golf carts may be operated on roadways that are designated for ...


There is no 19.8 or 19.9 or 19.99999 speed limit. The law is based on the "NOT BEING ABLE TO EXCEED 20MPH." Even if you drive it at19.999999999 MPH all day long BUT your cart is CAPABLE OF EXCEEDING 20MPH it is still in violation. "CAPABLE" is the key word.

So feel free to increase your speed lock to 20MPH and also read the linked article! :D :D