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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: Gas prices!
Posted by SweetestOfPeas
I love the articles about Exxon and how they post record profits every quarter. their CEO just retired with a $150 Million retirement package 
This, unfortunately, is Corporate America and extends past the utilities industry. Take a look at what the corp. executives get as year end bonuses at Merrill and Goldman. Plus, the price of oil is driven, in large part, by the commodities market...not executive pricing. The geopolitical unease in Iran and Nigeria has driven the commodities market in to a frenzy. In addition, refining is at almost 100% capacity and is still suffering from the Hurricane damage from last year limiting overall capability.
NYS does have some control with the price of gas in NY with it's gas tax which the NYS government has not addressed as of yet. The last time it was mentioned, I believe NYS has one of the highest, if not highest, gas tax.
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Posted 4/22/06 10:58 AM  |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Gas prices!
Posted by shamrock12472
Posted by SweetestOfPeas
I love the articles about Exxon and how they post record profits every quarter. their CEO just retired with a $150 Million retirement package
This, unfortunately, is Corporate America and extends past the utilities industry. Take a look at what the corp. executives get as year end bonuses at Merrill and Goldman. Plus, the price of oil is driven, in large part, by the commodities market...not executive pricing. The geopolitical unease in Iran and Nigeria has driven the commodities market in to a frenzy. In addition, refining is at almost 100% capacity and is still suffering from the Hurricane damage from last year limiting overall capability.
NYS does have some control with the price of gas in NY with it's gas tax which the NYS government has not addressed as of yet. The last time it was mentioned, I believe NYS has one of the highest, if not highest, gas tax.
I believe CA has the highest taxes. I watched a CNN report (still on now) and they showed the price for regular in CA at $3.77 a gallon for regular!
the media does not help by creating a hype that forces this commodity to go through the roof.
Message edited 4/22/2006 11:01:16 AM.
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| Posted 4/22/06 11:00 AM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Gas prices!
Posted by shamrock12472
This, unfortunately, is Corporate America and extends past the utilities industry. Take a look at what the corp. executives get as year end bonuses at Merrill and Goldman. Plus, the price of oil is driven, in large part, by the commodities market...not executive pricing. The geopolitical unease in Iran and Nigeria has driven the commodities market in to a frenzy. In addition, refining is at almost 100% capacity and is still suffering from the Hurricane damage from last year limiting overall capability.
NYS does have some control with the price of gas in NY with it's gas tax which the NYS government has not addressed as of yet. The last time it was mentioned, I believe NYS has one of the highest, if not highest, gas tax.
i have no idea about 1/2 of what you just said... 
all i know is that bottom line, gas prices S U C K!!! 
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| Posted 4/22/06 11:01 AM |
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Sassyz75
Turning a new page
Member since 5/05 9731 total posts
Name:
Dina
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Re: Gas prices!
Posted by shamrock12472
Posted by SweetestOfPeas
I love the articles about Exxon and how they post record profits every quarter. their CEO just retired with a $150 Million retirement package
This, unfortunately, is Corporate America and extends past the utilities industry. Take a look at what the corp. executives get as year end bonuses at Merrill and Goldman. Plus, the price of oil is driven, in large part, by the commodities market...not executive pricing. The geopolitical unease in Iran and Nigeria has driven the commodities market in to a frenzy. In addition, refining is at almost 100% capacity and is still suffering from the Hurricane damage from last year limiting overall capability.
NYS does have some control with the price of gas in NY with it's gas tax which the NYS government has not addressed as of yet. The last time it was mentioned, I believe NYS has one of the highest, if not highest, gas tax.
couple that with the fact that China's economy is growing 6-7% a year- behind the US they are buying up a lot of oil- going around the world for it b/c they need it for their growing economy. In the past, this was never an issue.
we all have to be more aware of this- b/c as China and India industrializes, the competition for finite oil resources will get worse, therefore increasing prices more.
I think we all have to realize this- and do something about our own consumption- this might mean actually consuming less oil instead of buying that SUV and complaining about gas prices.
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| Posted 4/22/06 11:30 AM |
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SoinLove
Making big changes
Member since 5/05 16541 total posts
Name:
Kristin
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Re: Gas prices!
What I don't get is how prices can be completely different at different locations of the same company. There's two Exxons down the street from us; one if you're heading northbound and one if you're heading southbound. Literally less than 1/4 mile from eachother. The northbound one is almost 20 cents more a gallon than the southbound one (It was at $3.19 for regular yesterday)
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| Posted 4/22/06 11:36 AM |
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christy
Mommy of 2
Member since 5/05 6787 total posts
Name:
Christy
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Re: Gas prices!
I am going to try to do more one stop shopping.
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| Posted 4/22/06 11:49 AM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
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Re: Gas prices!
Posted by SoinLove
What I don't get is how prices can be completely different at different locations of the same company. There's two Exxons down the street from us; one if you're heading northbound and one if you're heading southbound. Literally less than 1/4 mile from eachother. The northbound one is almost 20 cents more a gallon than the southbound one (It was at $3.19 for regular yesterday)
I think these are franchises - like a McDonald's. They set their own prices with a limit. We have that here too with Mobile. One on Merrick Road and one on Sunrise highway are usually about 10 cents different.
We are using our bikes more to do local things and we are trying to use one car as opposed to both of them. DH will drop me at the station and I'll walk home.
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| Posted 4/22/06 12:42 PM |
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| Pages: 1 [2] |
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