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diesel is gettin stooopid


dunefreak
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A thought to bring down the fuel prices.

Legalize drugs (pot, coke, crys, L, X, crack) and whatever else I've missed here. Than tax the hell out of it and use the funds to help out the economy and pay the taxes on fuel.

Dude, you are SOOOO WIERD!! :beercheers:

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Dude, you are SOOOO WIERD!! :headbang1:

Yep, and? :breakdance: :laughoff:

$4.99 a gallon at 5 different gas stations I saw today. Finally passed one that had diesel on "sale" for $4.89. Ran my card 3 times and filled it up :think: :chug: :beercheers:

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FYI

Specter and Co. grill big-oil execs on record gas prices, companies' profit

By JOHN F. MORRISON

Philadelphia Daily News

morrisj@phillynews.com 215-854-5573

MEMORIAL DAY weekend is the traditional start of the grilling season.

But with gas prices cracking the once-unthinkable $4-a-gallon in Philadelphia and elsewhere, and on the day that crude oil topped $134 a barrel, it was squirming multimillionaire oil execs that were getting raked over the coals in Washington.

And manning the skewers was an angry Senate Judiciary Committee, including Philly's own GOP Sen. Arlen Specter, who demanded to know why consumers are suffering while oil companies are making obscene profits.

Specter, a former Philly district attorney, was in full prosecutorial mode as he challenged ExxonMobil's senior vice president J. Stephen Simon to explain why the company's profits have soared since 2002.

He said he and his colleagues were puzzled over how a company can go from earning $11.5 billion in 2002 to $40.6 billion last year.

"With the consumers suffering so drastically, not only at the pump but big issues on heating oil for the elderly - especially in a state like mine, Pennsylvania - don't you think that gives some cause for wonderment and questioning as to why profits have gone up so high?"

The executives of the five major U.S. oil companies, which reported total profits of $36 billion in the first three months of the year - were summoned before the committee to answer that question. They said, essentially: "Don't blame us - it's the law of supply and demand."

That didn't satisfy the senators.

You have "just a litany of complaints that you're all just hapless victims of a system," said Sen. Dianne Feinstein, D-Calif. "Yet you rack up record profits . . . quarter after quarter after quarter."

The senators cited the pain that high energy prices are causing farmers, small businesses and people trying to find a way to afford a vacation trip this summer.

"Is there anybody here that has any concerns about what you're doing to this country with the prices that you're charging and the profits that you're making?" demanded Sen. d*ck Durbin, D-Ill

The well-paid executives, sitting shoulder to shoulder in the hearing room, were momentarily tongue-tied.

Finally, Exxon's Simon said: "Senator, we have a lot of concern about that. And we're doing all we can to put downward pressure on prices."

Earlier, Simon had conceded that "in absolute terms" profits have been huge. But, he said: "They must be viewed in the context of the massive scale of our industry."

High earnings "in the current up cycle" are needed for investments in the long term, including when profits will be down.

Sen. Patrick Leahy, D-Vt., chairman of the committee, lapsed into sarcasm when he said: "Current up cycle. That's a nice term when people can't afford to go to work" because gasoline is costing so much.

"The fundamental laws of supply and demand are at work," said John Hofmeister, chairman of Shell Oil Co. He acknowledged that since it's something the oil companies have been saying for some time, the explanation may sound "repetitive and uninteresting."

The senators assured the executives they were interested.

"People listening just don't get it," said Sen. Herb Kohl, D-Wis. "When demand isn't going crazy, why are prices going crazy?"

As the hearing progressed, runaway oil prices blew past $130 a barrel for the first time - and kept going, topping an astounding $134 in after-hours trading last night.

Average prices nationally for a gallon of gas reached $3.80, but at some stations in the Philadelphia area, the price reached - and exceeded - $4.

The hearing was to focus on legislation being considered by Congress, such as a measure that would give the U.S. the ability to bring price-fixing complaints against members of OPEC, the cartel of oil-producing nations.

The oil executives expressed the view that such a law wouldn't have much effect.

At one point during the three-hour hearing, a giant photo was produced showing President Bush shaking hands with Saudi Arabia's King Abdullah, who last week rejected U.S. calls for significant new production to lower prices.

Early in the hearing, the senators had the executives squirming when they were asked how much money they made. Several listed salaries and compensation between $2 million and $5 million a year.

But John Lowe, executive vice president of ConocoPhillips, couldn't remember his exact salary.

"I wish I made enough money that I didn't know how much I make," said Leahy, to guffaws from the other senators. *

Daily News wire services contributed to this report.

:banghead:

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  • 2 weeks later...

diesel what...let them sit..new diesels will be selling for 36 k next year and your old ones will be worth a scion box...lol

Mines paid off, I aint selling it, keepin it till it EXPLODES and leaving it there... :D

Besides, when Diesel goes up another buck, ill be buying my gas in the food section at Costco...

25825bs.jpg

Edited by Sand Saw
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I remember hearing something on the radio the other day that in one country (forget where) the gas prices never really changed. Wanna know why?

Because the government paid to keep the fuel at a reasonable price!

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Gas prices in Big Bear Lake, Ca... as of 06-01-08.

Diesel:

$5.19. to $5.49. Pending on the gas station...

Reg Unleaded:

$4.39

Super Unleaded:

$4.79+

:rolleyes::whoop::blink: WTF is up with the fuel...?!?!

Its :blink: everyone!!

Were saving for this next dune seasons fuel not the trip..! LOL! Its looking like the food and whatever else that goes with the dune trips is going to be no problem... But the gas ... Damn!! :grin::lol:

What the hell you going to do...? Were going to pay no matter what! The cost of :flowers: today has really put some in a pinch.. The :pics: is that traffic may lighten up going to work and going home. I think this next dune season we may see a little less of a crowd during Halloween, Thanksgiving and Prez Day...

Just one more reason to :banghead::blah: :rhino: :mc::rolleyes::lol::hello: at the Dunes! LOL!!

:rolleyes:

Edited by Dune Family
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The :rolleyes: is that traffic may lighten up going to work and going home. I think this next dune season we may see a little less of a crowd during Halloween, Thanksgiving and Prez Day...

We already have seen that though. As of last season it was already way less crowded at Dumont compared to normal. I think the crappy economy had alot to do w/ it. :banghead:

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We already have seen that though. As of last season it was already way less crowded at Dumont compared to normal. I think the crappy economy had alot to do w/ it. :banghead:

Soo true DuneFreak...

Im thinking that the combo of high fuel and a poor economy will really thin out the crouds this season. :rolleyes::rolleyes: Sucks....

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Soo true DuneFreak...

Im thinking that the combo of high fuel and a poor economy will really thin out the crouds this season. :thumbsdown::shake: Sucks....

You guys think it sucks, I think its GREAT!! Less stuff to run me and my family over is a GOOD thing... :whoop:

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You guys think it sucks, I think its GREAT!! Less stuff to run me and my family over is a GOOD thing... :laughoff:

I didn't say less people at Dumont sucks. I meant the economy sucks. I think less people there is a good thing! :grin:

:pics::barf:

$99 got me a tad over a half tank this weekend w/ my D Max. :laughoff:

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Hey diesel came down a whole 8 cents at the Chevron on Stephanie.

I filled up my tank on the Tahoe at the Costco on MLK today. I got lost trying to get back on the freeway (they closed the entrance to the 95 North) and had to drive through the ghetto :lol: - nearly risking my life to get cheaper gas. :slap:

GM is closing down 4 plants where they build SUV's and trucks. Mark freaked out that we both drive gas hogs. I thought, hey the supply of Tahoes will drop - maybe it'll be worth more - glass half full! :lol: I wish!

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