gasoline prices

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Frankie

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Man. I went through town Tuesday of last week and gas was $1.59.9 for regular. Then went into town Saturday and it had jumped up to $1.75.9 in FOUR days. It's now up to $1.79.9 in some places. Oklahoma has been one of the states with lower gas prices until now. What are you guys paying in different regions?
 

ollie

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I think it was in 98 or 99 I bought gas on the east side of west St. Louis for 59 cents. Man that would be nice about now. It was in November coming back from Louisvile show.
 

D.R. Cattle

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I only use diesel fuel and it is typically cheaper (the opposite of gasoline) in the Summer. I'm paying 1.72 at the cheapest place in town.
 

la4angus

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We paid 167.9 on Sunday, from one ofthe majors.
Gasoline at an Indian Casino about 3 miles away on
the same Hwy. was 172. I thinlk the Indians don't
charge any tax. Figure that one out.
No tax and 4 cents per gallon higher. :cry: :cry:
 

Oldtimer

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You guys are getting a bargain- or we're getting the oil shaft. Gas up here on the hi-line is running $192.9-- over 30 cents more than it was last year at the same time.
 
A

Anonymous

Here in Washington State it is running from 2.05 to 2.10 for regular. I was thinking it is about time to start a boycot or something.

Dave
 

DRB

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here in louisianer i'm paying about $1.70..Cost $50.00 to fill up and I only make $55.00 a day..never tought cow farming would look so good.. milk prices suppose to go up...we'll see? might be a good idea to buy up a bunch of holstien baby heifers...They'd look nice a year from now...a good baby cost $300.00.. yearlings fit with good build color and bags will bring $750.00 what you think?
 

Campground Cattle

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Oldtimer":e4v4ajq3 said:
You guys are getting a bargain- or we're getting the oil shaft. Gas up here on the hi-line is running $192.9-- over 30 cents more than it was last year at the same time.

The West Coast refineries are the fighting the Longhorn pipeline from the Texas Gulf Coast to the West Coast. Most of the refining capacity is along the gulf coast. I t would make cheaper fuel available.
 
A

Anonymous

la4angus":1j4528ep said:
We paid 167.9 on Sunday, from one ofthe majors.
Gasoline at an Indian Casino about 3 miles away on
the same Hwy. was 172. I thinlk the Indians don't
charge any tax. Figure that one out.
No tax and 4 cents per gallon higher. :cry: :cry:

Wednesday April 5
Prices ranged from 171.9 to 177.9 per Gallon.
The Indians still have the highest price with no tax.
That is about an extra $.40 per gallon profit above
the other places. These prices are for Unleaded Reg.
87 Octane
 

Campground Cattle

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The majors are drilling like crazy in Russia they have lots of oil just no infastructure to move it, it will take a few years but this will put a hurt on the middle east. The Crazy Horse field in the Gulf will supply another 250,000 BPD in 2006 which will help. We still import 11 million bpd to the USA.
Current Drivers of price
1. EPA as each area of the country has different blends per EPA standards. Used to be only 3 grades now refineries have to make over a 150 grades for different regions of the country.(EPA Regs)
2. No competition as the American Oil industry fell apart under Slick Willy.
3. Three Super Oil companies now Exxon\ Mobil BP and Royal Dutch Shell.
4. Majors that have become extinct in the last few years Amoco, Texaco, Arco, Soho, Mobil and Conoco as they have all been taken over and I know I forgot a few.
5. Fina is French Citgo is Venzulain BP is British ate up (Amoco Arco Soho Castrol and Bayer Chemical)
:shock:
The American Oil industry that made this country strong and supplied cheap fuel is dead. In all the take overs 100,000's of American jobs have been lost to foreign countries.
The Europeans think we should pay more for fuel so keep supporting these foreign companies.
A lot of the independents gasoline retailers Race Trac etc. Buy bulk foreign gasoline out of New York harbor.
 

CattleAnnie

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It's through the roof up here in Canada too. Darn frustrating since we live a fair ways from town and don't make any trips that aren't multi-tasking (groceries, banking, vet supplies in one fell swoop... no running in for take out or a movie!).
I just don't know how a person can budget for this kind of thing. Let me tell you, the cost of living has gone up, but with our cattle prices down through the floor, the income just isn't there. Cut the satelite off last summer, didn't buy heating oil for the house for the last winter (just used firewood and the woodstove), didn't go anywhere beyond our town except when we shipped the calves in November, kids not in soccer this year 'cause can't afford the fuel to haul them and need to buy 8-way vaccine, etc for branding. It's sure frustrating when a person is working their butt off and yet has turn around and cut off things that were affordable twelve months ago. Definately not progress. Ah, done ranting. Just the angst of ranching in Canada after May 20/03. I pray to God it doesn't happen to you folks in the US, as it really bites.
Take care and God bless you.
 

Arnold Ziffle

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In addition to what Campground posted I would humbly submit that: Americans have had cheap & plentiful fuel for 100 years and we are probably the biggest user of energy in the world on a per capita basis, and mighty wasteful too. The days of cheap energy are past. Huge portions of the U. S. east and west coast are off limits to drilling, as are major portions of the interior. Texas, Oklahoma, Louisiana, etc. are "drilled out" and to a lesser extent so is the shallow GOM. Many people are surprised that, in view of current prices, there is not a lot more drilling here in the lower 48. But a number of my clients, that are independent exploration & production types, frequently cite the lack of good viable prospects on which to drill. Huge swings in the price of oil & gas in past years also tend to make people a bit reluctant to risk capital. There is considerable drilling activity in other promising areas of the world, but the new production resulting therefrom surely isn't "dedicated" to the American consumer. It's a global economy and oil is fungible. With the emergence of China and other developing countries there is a lot more demand and more bidders for that commodity.

I sometimes get amused and at the same time enraged when I here complaints about the cost of a fill-up from certain types, such as: soccer mom's with Suburbans, Expeditions, Hummer 2's, etc. ; folks that drive fuel hogs when commuting 30 miles each way into work in Houston, with only themselves in the car ; or all the Tom, Dick and Harry's that tool around town in their Ford F350's (and corresponfing Chevy and Dodge trucks and other assorted fuel hog 4 by 4's) and these are city dwellers that just want a big rig to go to the deer lease with or to pull a big boat. Then with those vehicles to be parked in the garage of their 5,000+ square foot houses.
 

Cattle Rack Rancher

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I hear you CattleAnnie. At 84 cents per liter. One US Gallon of gas would be equivalent to US $2.31. I hear your gas prices in B.C. are higher yet. It surprises me that we sell gas and oil south for cheaper than the consumer up here can buy it. I hear they did have a cow down in Texas with mad cow last week. But there is some big U.S. government cover up.
 

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