Gas Prices In Your Area?
#103
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#104
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Just as we are not the sole exporter of wheat. Even if the U.S. government imposed some kind of reverse tariff so that wheat cost as much as a barrel of oil (at least for OPEC countries) they would just buy their wheat from any of dozens of other countries.
To give you an analogy, look at CPU's for personal computers. Intel is the 800 pound gorilla in this arena and has only one serious competitor, AMD. You could say that Intel is the OPEC of the CPU business. Does this mean Intel can just charge whatever they want? Heck, no. Intel and AMD are both fighting for every sale.
#105
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Originally Posted by OAC_Sparky
lol be careful there brother, the Cunukistan dollar is worth more than the US Peso at the moment.
#106
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The OPEC member nations are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela. Our two biggest suppliers of imported oil - Canada and Mexico - aren't OPEC members. Plenty of exporters aren't OPEC members. Russia and Norway are not in OPEC and they export almost as much as Iran, Iraq, Nigeria, and Kuwait together. OPEC cannot dictate prices without regard to market forces. If they could just name their price, why wouldn't they charge $200 and leave it there?
As to non-OPEC, just because they are not members does not mean they are not going to be just as cutthroat, just as monopolistic. As long as prices are manipulated by a significant number of producers, the greedy slugs to the north and south are going to tag along.
Further, if price was reflective of supply and demand, then why did they open the spigot when oil hit $147, hmm??? There were no lines at gas stations.
(But... I thought there was a shortage... )
Last edited by cdynaco; 3/2/11 at 10:28 PM.
#109
If I wasn't getting APlan already I'd be buying my Mustang in NY.
#111
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#114
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Wow shot up to 3.34 over night from like 3.17 in south jersey. I downloaded a cheap gas app on my iPhone and the gas prices are so different within 3 miles anywhere from 3.15-3.34
#115
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This thread is going to be fun to look at in 5 months. All of us whining about 3 bucks a gallon!! I think we might see the 5 dollar mark this year, or close to it.
#117
Thinking aloud:
You would think that with the recent spike in gas prices that Ford would light a fire under their asses to get these ordered 2012s out before people change their minds ....
You would think that with the recent spike in gas prices that Ford would light a fire under their asses to get these ordered 2012s out before people change their minds ....
#118
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Originally Posted by OAC_Sparky
Thinking aloud:
You would think that with the recent spike in gas prices that Ford would light a fire under their asses to get these ordered 2012s out before people change their minds ....
You would think that with the recent spike in gas prices that Ford would light a fire under their asses to get these ordered 2012s out before people change their minds ....
#119
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#120
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$3.56 for Premium here this morning
Last edited by Modshack; 3/3/11 at 09:55 AM.