Oil Slick Stuff

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nnuut said:
Damn a 32 gallon tank!! Mine is 23 it would be handy to be able to buy that much cheap!
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I drive a conversion van.

Our local grocery store (Giant Eagle) owns gas stations around here called GetGo. Every time you accumulate $50 in groceries or you purchase $50 in various gift cards (Lowe's, Home Depot, Applebee's, etc.) you get 10 cents off a gallon of gas. You can get up to 30 gallons for that discount. Sometimes you accumulate enough that you can get a free fill up. So after work I went to fill my gas cans ( 2-5 gallon and 1-2.5 gallon) and the van. I had $1.10 off a gallon. It cost me $2.13/gallon. :D I usually wait until I have at least a dollar off a gallon before I use it.
 
When the stock Market goes up gas costs us more, for some reason I think that is wrong, I understand the demand thing but it CAN'T change that fast, BS!!gaspump2.gif
 
What gets me is when the price per gallon changes over a period of a couple of days but it is the same gas still stored underground before the price changes. :mad:
 
nasa1974 said:
What gets me is when the price per gallon changes over a period of a couple of days but it is the same gas still stored underground before the price changes. :mad:
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You should know this, you're a Moderator with many, many, many, many, many, many years of wisdom and experience....:cheesy:

Service station owners also raise and lower their prices based on what it’s going to cost them to replace the fuel that customers are buying today.“These are businessmen who are buying their supply every day, every other day, and it’s replacement cost,” Beth Heinsohn, of Oil Price Information Service, said. “They have to have enough money, literally, to buy the next tanker load that they sell to customers.”
That oil that made the gasoline that customers are putting into their cars today may have only cost $85 a barrel, but the oil that makes the fuel that will replace it will cost a lot more. Customers, then, are paying more now to cover the station owner’s cost in the future.
“For example, between Monday and yesterday, wholesale prices – the cost at which these guys buy their material – went up across the country 11 to 18 cents,” Heinsohn said.
Station owners didn’t pass that full increase along to customers, because they play the averages, knowing that when the price of oil comes back down, their prices will stay up long enough to make up the difference.

http://newyork.cbslocal.com/2011/03/03/why-do-gas-prices-jump-so-high-seemingly-overnight/
 
Buster said:
You should know this, you're a Moderator with many, many, many, many, many, many years of wisdom and experience....:cheesy:

Service station owners also raise and lower their prices based on what it’s going to cost them to replace the fuel that customers are buying today.“These are businessmen who are buying their supply every day, every other day, and it’s replacement cost,” Beth Heinsohn, of Oil Price Information Service, said. “They have to have enough money, literally, to buy the next tanker load that they sell to customers.”
That oil that made the gasoline that customers are putting into their cars today may have only cost $85 a barrel, but the oil that makes the fuel that will replace it will cost a lot more. Customers, then, are paying more now to cover the station owner’s cost in the future.
“For example, between Monday and yesterday, wholesale prices – the cost at which these guys buy their material – went up across the country 11 to 18 cents,” Heinsohn said.
Station owners didn’t pass that full increase along to customers, because they play the averages, knowing that when the price of oil comes back down, their prices will stay up long enough to make up the difference.

http://newyork.cbslocal.com/2011/03/03/why-do-gas-prices-jump-so-high-seemingly-overnight/
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I really do not blame the guys that own and run the gas stations. They make penny's compared to the millions, no billions, that the oil companies make.
 
Thinking Green..

I realized that burning Fossil fuels is just as natural as wind and Solar..

Millions of years ago, Plants and animals received their energy to live and grow from the Sun..either directly or indirectly..and today when we burn those carbonized remains, we are just releasing the stored-up Sun's energy from whence it all came....Damn, I feel like hugging a tree right now..

DRILL BABY DRILL!
 
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Buster said:
You should know this, you're a Moderator with many, many, many, many, many, many years of wisdom and experience....:cheesy:

Service station owners also raise and lower their prices based on what it’s going to cost them to replace the fuel that customers are buying today.“These are businessmen who are buying their supply every day, every other day, and it’s replacement cost,” Beth Heinsohn, of Oil Price Information Service, said. “They have to have enough money, literally, to buy the next tanker load that they sell to customers.”
That oil that made the gasoline that customers are putting into their cars today may have only cost $85 a barrel, but the oil that makes the fuel that will replace it will cost a lot more. Customers, then, are paying more now to cover the station owner’s cost in the future.
“For example, between Monday and yesterday, wholesale prices – the cost at which these guys buy their material – went up across the country 11 to 18 cents,” Heinsohn said.
Station owners didn’t pass that full increase along to customers, because they play the averages, knowing that
http://nwhen the price of oil comes back down, their prices will stay up long enough to make up the difference.

ewyork.cbslocal.com/2011/03/03/why-do-gas-prices-jump-so-high-seemingly-overnight/
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As long as they do the opposite when Oil prices are on the way down I don't mind that at all! :suspicious:
 
That was me, woke up at 2AM and couldn't go back to sleep, after a few minutes on TSP Talk it put me to sleep. I recommend TSP Talk when you can't sleep.:laugh: snore.gif
 
Industry Questions Need for National Wastewater Standards
by Matthew V. Veazey
Rigzone Staff

Tuesday, October 25, 2011



  • Last Thursday, the U.S. Environmental Protection Agency (EPA) announced that it will soon begin the process of developing "comprehensive" national standards for wastewater discharges produced by extracting natural gas from underground coalbed and shale formations.
In a written statement released by the agency, the EPA noted that proposed standard will include input from federal and state governments, industry and public health groups. EPA Administrator Lisa P. Jackson contends this latest action is necessary "to make sure the needs of our energy future are met safely and responsibly."
Federal laws prohibit the direct discharge of wastewater from hydraulic fracturing into waterways and other waters of the U.S. "Fracking" is key to the economic recovery of shale gas. Although companies do reuse or re-inject some wastewater into subsequent shale gas wells, there are cases where the wastewater must be transported to treatment facilities.
EPA contends that many of these treatment plants are ill-equipped to handle this type of wastewater. As a result, the agency will consider enacting standards that shale gas wastewater must meet before delivery to a treatment plant. EPA expects to unveil a proposed rule for shale gas wastewater in 2014. In the interim, it will continue to gather data, consult with industry representatives and other stakeholders and solicit comments from the public about the matter.
http://www.rigzone.com/news/article.asp?a_id=112105&hmpn=1
 
Oct. 26, 2011, 11:32 a.m. EDT
Oil adds to losses after supply increase

By Claudia Assis, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures retreated further after a government report on weekly supplies showed a higher-than-expected increase in inventories.
The EIA reported gasoline inventories decreased by 1.4 million barrels, and distillate inventories decreased by 4.3 million barrels. The analysts polled by Platts had expected gasoline stockpiles down 1.25 million barrels, and distillates stockpiles down 1.5 million.
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http://www.marketwatch.com/story/oi...week-high-2011-10-26?link=MW_home_latest_news
 
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