Oh my God! My math was off!

I thought that gas would hit $1.70 per L if the price of a barrel of oil
hit $140.00. A few years ago, it hit $142.00/barrel and gas hit exactly
$1.42/L. But now, oil is only $105.00/barrel and gas is projected to hit
$1.45/L by Wed!! At this pace, when oil again hits $142.00/barrel, gas
will be $1.96/L. It'll be cheaper to run on alcohol!!!
$1.96/L is $7.80/gallon U.S.
The price of a L of 94-octane premium is now $1.67/L or $6.65/gal.

On 05/10/2011 04:20 PM, Rich wrote:
> I thought that gas would hit $1.70 per L if the price of a barrel of oil
> hit $140.00. A few years ago, it hit $142.00/barrel and gas hit exactly
> $1.42/L. But now, oil is only $105.00/barrel and gas is projected to hit
> $1.45/L by Wed!! At this pace, when oil again hits $142.00/barrel, gas
> will be $1.96/L. It'll be cheaper to run on alcohol!!!
> $1.96/L is $7.80/gallon U.S.
> The price of a L of 94-octane premium is now $1.67/L or $6.65/gal.
Why don't you just march on over and talk to those OPEC people
Or, on a smaller scale, and less worldly, buy yourself a Honda or something.

Thus spake Rich > :

>I thought that gas would hit $1.70 per L if the price of a barrel of oil
>hit $140.00. A few years ago, it hit $142.00/barrel and gas hit exactly
>$1.42/L. But now, oil is only $105.00/barrel and gas is projected to hit
>$1.45/L by Wed!! At this pace, when oil again hits $142.00/barrel, gas
>will be $1.96/L. It'll be cheaper to run on alcohol!!!
>$1.96/L is $7.80/gallon U.S.
>The price of a L of 94-octane premium is now $1.67/L or $6.65/gal.

I feel your pain!!!! I paid $3.79/gal yesterday!!!!!

Okay, yanking your chain, although that's the price around here.

Think profits. With the price of oil going up, they have to raise gas
prices even faster to keep their margins getting bigger. And have
your taxes gone up? I'm not sure where you live (Canada from the
prices you list) but I seem to remember a couple of the western
provinces increasing taxes last year.
--

- dillon I am not invalid

bin Laden thought of himself as a holy man. I guess
SEALs can't spell because they made him a holey man.

"Dillon Pyron" > wrote in message
...
> Thus spake Rich > :
>
>>I thought that gas would hit $1.70 per L if the price of a barrel of oil
>>hit $140.00. A few years ago, it hit $142.00/barrel and gas hit exactly
>>$1.42/L. But now, oil is only $105.00/barrel and gas is projected to hit
>>$1.45/L by Wed!! At this pace, when oil again hits $142.00/barrel, gas
>>will be $1.96/L. It'll be cheaper to run on alcohol!!!
>>$1.96/L is $7.80/gallon U.S.
>>The price of a L of 94-octane premium is now $1.67/L or $6.65/gal.
>
> I feel your pain!!!! I paid $3.79/gal yesterday!!!!!
>
> Okay, yanking your chain, although that's the price around here.
>
> Think profits. With the price of oil going up, they have to raise gas
> prices even faster to keep their margins getting bigger. And have
> your taxes gone up? I'm not sure where you live (Canada from the
> prices you list) but I seem to remember a couple of the western
> provinces increasing taxes last year.
> --
>
> - dillon I am not invalid
>
> bin Laden thought of himself as a holy man. I guess
> SEALs can't spell because they made him a holey man.
>

It's all my fault.

I've been doing a little oil speculation and keep bidding the prices up. I'm
hoping to sell high and make a BUNDLE off you little guys. It's got nothing
at all to do with supply and demand, just my own personal desire to get even
richer.

Next I think I'll start buying up chocolate.

dwight

Gill > wrote in :

> On 05/10/2011 04:20 PM, Rich wrote:
>> I thought that gas would hit $1.70 per L if the price of a barrel of
>> oil hit $140.00. A few years ago, it hit $142.00/barrel and gas hit
>> exactly $1.42/L. But now, oil is only $105.00/barrel and gas is
>> projected to hit $1.45/L by Wed!! At this pace, when oil again hits
>> $142.00/barrel, gas will be $1.96/L. It'll be cheaper to run on
>> alcohol!!! $1.96/L is $7.80/gallon U.S.
>> The price of a L of 94-octane premium is now $1.67/L or $6.65/gal.
> Why don't you just march on over and talk to those OPEC people
> Or, on a smaller scale, and less worldly, buy yourself a Honda or
> something.

The price doesn't really bother me. I drive a Sunfire 4-cylinder weekdays,
the Mach-1 on weekends, in good weather for the most part. And my work
commute is about 15 minutes. So I burn a lot less gas than some stupid
soccer mom in a hulking SUV or some city goon in a big pick-up truck.
As for OPEC...
OPEC no longer has much to do with price. It's speculators. If demand and
supply were the only factors, any price rises would be gradual, unless
there was some kind of embargo and we haven't seen one since 1979. Even
now, an embargo by OPEC wouldn't have the same effect because sources have
diversified considerably.

Thus spake "dwight" > :

>
>"Dillon Pyron" > wrote in message
.. .
>> Thus spake Rich > :
>>
>>>I thought that gas would hit $1.70 per L if the price of a barrel of oil
>>>hit $140.00. A few years ago, it hit $142.00/barrel and gas hit exactly
>>>$1.42/L. But now, oil is only $105.00/barrel and gas is projected to hit
>>>$1.45/L by Wed!! At this pace, when oil again hits $142.00/barrel, gas
>>>will be $1.96/L. It'll be cheaper to run on alcohol!!!
>>>$1.96/L is $7.80/gallon U.S.
>>>The price of a L of 94-octane premium is now $1.67/L or $6.65/gal.
>>
>> I feel your pain!!!! I paid $3.79/gal yesterday!!!!!
>>
>> Okay, yanking your chain, although that's the price around here.
>>
>> Think profits. With the price of oil going up, they have to raise gas
>> prices even faster to keep their margins getting bigger. And have
>> your taxes gone up? I'm not sure where you live (Canada from the
>> prices you list) but I seem to remember a couple of the western
>> provinces increasing taxes last year.
>> --
>>
>> - dillon I am not invalid
>>
>> bin Laden thought of himself as a holy man. I guess
>> SEALs can't spell because they made him a holey man.
>>
>
>It's all my fault.
>
>I've been doing a little oil speculation and keep bidding the prices up. I'm
>hoping to sell high and make a BUNDLE off you little guys. It's got nothing
>at all to do with supply and demand, just my own personal desire to get even
>richer.
>
>Next I think I'll start buying up chocolate.
>
>dwight
>

I have some tulip bulbs for you.

And then some great houses outside of Las Vegas.

Anything else you want to buy from me? A New York bridge? An Paris
tower? And Egyptian, erh, you can buy one of those, it seems.
--

- dillon I am not invalid

Malcolm Reynolds: "So, I hear you all took up arms in
that little piece of action back there. How you fairing
with that, Doctor?"


Simon Tam: "I dunno, I, uh, never..., never shot anyone
before...".


Shepard Book: "I was there, son. I'm fair sure you
haven't shot anyone yet...".