Home  >  Community  >  The Vendio Round Table  >  Gas prices are down .50c/gallon - Damn you Bush...


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 jlpiece
 
posted on July 5, 2001 11:23:34 AM new
Bush has done it again. He has single handedly caused this countrys energy problems. Gas is cheaper now than it was last summer, but that's not the point, Bush still sucks. I think he had something to do with Chandra Levy, too.

 
 jamesoblivion
 
posted on July 5, 2001 11:38:19 AM new
I just filled up at $1.76 a gallon three hours ago.

 
 KatyD
 
posted on July 5, 2001 11:40:38 AM new
Where do you live JL? It's not cheaper here in So. CA. Send me some of that gas will ya? I'll paypal you the money.

KatyD

 
 Borillar
 
posted on July 5, 2001 11:45:56 AM new
*It's still* $1.97 per gallon for premium here in Portland, Oregon. That's MORE than what we paid last year! *SCREW BUSH*!



 
 jamesoblivion
 
posted on July 5, 2001 11:51:33 AM new
JL lives in Wonderland. How lucky!

 
 rawbunzel
 
posted on July 5, 2001 11:56:34 AM new
The news media has been telling us for a week how the gas is less this yearthan last. I would sure like to know how they figure since last year at this time a gallon of regular was $1.49 and this year that same gallon is $1.69. Sounds like fuzzy math to me.

 
 gravid
 
posted on July 5, 2001 12:25:01 PM new
Gas at the corner near here is $1.49 about 12 miles away it is $1.24 I drove to Ohio on the 4th and Gas at the first plaza west of exit 11 was $1.23 on the Ohio Turnpike but it was $1.33 in Fairlawn Ohio.

In other works - quite a range! It was near $2.00 here a few weeks ago.

 
 jamesoblivion
 
posted on July 5, 2001 12:28:02 PM new
Ohio is Shangri-La!

 
 Linda_K
 
posted on July 5, 2001 12:33:53 PM new
Found this on the American Petroleum Institute site. It says the *taxes* are what are causing higher pump prices.


Research Highlight Pump Price Update - How Much We Pay for Gasoline
By Rayola Dougher
API Policy Analysis and Statistics Department


The pump price of gasoline reached $1.52 per gallon as of July 2, 2001. This is 23 cents per gallon less than last month's high of $1.75 per gallon, and 12 cents per gallon less than last July's average.

In inflation-adjusted 2001-dollar terms, today's price is low compared to the historical 82-year record of recorded pump prices. In fact, motor gasoline prices are 42 percent lower than the 1981 record high of $2.62 per gallon. Between then and now, the real cost of motor gasoline to consumers fell by $1.10 per gallon.


Crude oil costs have declined by $1.04 per gallon from $1.63 per gallon in 1981 to $0.59 per gallon in July 2001.

The combined costs to manufacture, distribute, and market gasoline is 20 cents per gallon less today than it was 20 years ago, averaging $.51 per gallon compared to $.71 per gallon in 1981.


Only taxes have increased. In July 2001 the taxes collected on a gallon of gasoline amounted to 42 cents, including 18.4 cents per gallon in federal taxes, and 23.6 cents per gallon in volume-weighted average state taxes. In comparison, in 1981 when real pump prices reached a new high, taxes were just 28 cents per gallon.


 
 nothingyouneed
 
posted on July 5, 2001 12:38:02 PM new
Bush doesn't want gas prices to come down. He will have a more difficult time shoving through his plans to turn America into one huge oil drilling operation and that would piss off his oilman buddies.

It amazes me that when good things happen, reptians say it was all because of George. When bad things happen, it is always someone else's fault.

 
 jamesoblivion
 
posted on July 5, 2001 12:38:38 PM new
Same difference. Statisics can supposedly be manipulated to show anything, but in this case it still doesn't show that I'm paying less for gasoline.

 
 gaffan
 
posted on July 5, 2001 12:45:08 PM new
I admit I don't follow these things very closely, but was there a federal tax bill enacted, or a whole passle of state tax increases, which would explain the increase over the past several months? Blaming the price increase on taxes only works if taxes were increased shortly before the price increase occurred. Unless, of course, one contends that the oil companies had been valiantly letting their profits be sqeezed for years and just couldn't bear it anymore.

...and around here, (D.C.), prices are not noticably different that they were last month. And any contention that they're the same as or lower than last year at this time is based in something other than reality.
-gaffan-

 
 sulyn1950
 
posted on July 5, 2001 12:53:48 PM new
"Statisics can supposedly be manipulated to show anything"-

In one of my business classes waaaay back when, the first thing the professor said about statistics was first you had to decide what you wanted to say/show and then collect your data to support it!

Guess even after all these years that is still true! Wow! I thought everything I was taught then must be obsolete by now....glad to see maybe not!

 
 Linda_K
 
posted on July 5, 2001 01:53:05 PM new
Well since we can't believe what the news says, and we can' trust statistics, can we blame the prices on our local gasoline station owners for keeping the prices up when the cost of crude oil *has* decreased?


Exactly two years ago we paid $.99 a gallon, last summer we paid $1.92 and this summer we're paying right around $1.47. (Northcentral Arkansas)

 
 jamesoblivion
 
posted on July 5, 2001 02:00:39 PM new
A national conspiracy of gas station owners? More likely a national conspiracy of gas producers.

 
 Linda_K
 
posted on July 5, 2001 02:07:32 PM new
James, forgive me please, but I'm just having a very hard time understanding how I was paying more for gasoline during Clinton's reign, and now I'm paying less under President Bush's reign, but still so many want to blame him and his supporters for the high gas prices.

Just doesn't make sense to me.

 
 jamesoblivion
 
posted on July 5, 2001 02:10:29 PM new
The thing is I'm not paying less.

 
 KatyD
 
posted on July 5, 2001 02:10:47 PM new
Arkansas went to Bush. California and New York went to Gore. He's punishing us. Does that work for you?

KatyD

 
 spazmodeus
 
posted on July 5, 2001 02:46:40 PM new
This is the second time you've used Chandra Levy's disappearance as a cheap joke for your moronic political threads, jlpiece.

I'm sure her family doesn't think the whole thing is very funny.

 
 lswanson
 
posted on July 5, 2001 02:53:21 PM new
Gas down to $1.30/gal here in Texas. Gee, I don't remember reading anything about the reserves being filled back up, so why is the price falling?

As for taxes causing the high prices, that's hogwash. Texas has one of the highest levys in the nation for years. We consistently run 10-20 cents higher than the surrounding states even though we're the place with the refineries.

LINDA K, I don't understand. You're paying 50 cents a gallon more than two years ago but you don't see the Bush connection?

I DO feel sorry for those who haven't had any relief yet, but then again, I don't expect the current lull to last.



[ edited by lswanson on Jul 5, 2001 02:55 PM ]
 
 Linda_K
 
posted on July 5, 2001 03:07:31 PM new
KatyD - I like your reasoning....that must be it.

lswanson I don't understand. You're paying 50 cents a gallon more than two years ago but you don't see the Bush connection?

No, I don't. Did President Bush start charging more to pay his political backers back, before he won the election? Seems to me, that clinton was president last summer when gas prices (here) were the highest.

 
 Shoshanah
 
posted on July 5, 2001 03:10:01 PM new
Still between 1.77 and 1.83 here, near San Francisco, depending on the direction the wind comes from....And that is at COSTCO! about 1.97 at Shell and others...
Darned Clinton! How did he DARE keep the prices LOWER! How UN-AMERICAN
********
Gosh Shosh!
My "About Me" Page
 
 Hjw
 
posted on July 5, 2001 03:18:12 PM new

Hi Shosh

It's 1.69 to 1.91 in Washington DC. I think the price varies based on property values.

Helen

 
 gaffan
 
posted on July 5, 2001 04:42:45 PM new
Ya got that right, Helen. I live in the Cabin John area and find it way cheaper to drive over to West Falls Church, Virginia to fill up (even with the cost of driving there figured in).
-gaffan-

 
 jt-2007
 
posted on July 5, 2001 06:23:24 PM new
MS $1.32 and falling. The store clerk told me to fill up tomorrow when it will be LESS than today.

Same store was giving away FREE cigarettes today with 1 pack per person limit.
T
 
 snowyegret
 
posted on July 5, 2001 06:39:39 PM new
Hey! Philly beats NYC in gas prices!
$1.79 2 days ago.
$1.49 a year ago according to DH.


 
 kraftdinner
 
posted on July 5, 2001 06:48:13 PM new
THANK-YOU spaz.....my thoughts exactly.

 
 Hjw
 
posted on July 5, 2001 06:48:17 PM new
gaffan

I didn't know that you were familiar with this area! Although I don't live there, it's
1.91 in Potomac...just what the traffic will bear.

Helen

 
 barbarake
 
posted on July 6, 2001 04:58:02 AM new
Looks like S.C. has you all beat. I saw gas at $1.21/gal and almost everyplace (including convenience stores) has it in the low $1.20's.

 
 krs
 
posted on July 6, 2001 06:58:32 AM new
Is this a big mystery? They're lowering prices where the poor people are to keep them driving and in the market.

But all that does is put the price gouging on display. If they can afford to sell low in depressed areas why can't they afford to sell low in all areas?

 
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