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Thread: The Gasoline Thread

  1. #21
    BadDog K_Dog's Avatar
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    Quote Originally Posted by BuddhistSoldier View Post
    No jet fuel. Just regular unleaded.
    I can hear it now...
    "sorry fellows budget cuts, for now on you will have to buy your own jet fuel" hehehe

  2. #22
    west philadelphia born n raised ech0's Avatar
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    3.449 outside Philly

    teh r!g

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  3. #23
    Quit Rage1's Avatar
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    Quote Originally Posted by K_Dog View Post
    I can hear it now...
    "sorry fellows budget cuts, for now on you will have to buy your own jet fuel" hehehe
    wow mabey EA is taking over...You want wings on that plane they cost extra.

  4. #24
    living the clean life Tulkas's Avatar
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    News just announced that Florida has the highest cars per/capita

  5. #25
    She has her G-string tuned to A Gargs's Avatar
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    $3.65-3.72 for reg in and around Detroit, Michigan.

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  6. #26
    C-57D VincentVega's Avatar
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    Quote Originally Posted by DennyCrane View Post
    Bruce Willis doesn't like high gas prices.
    hahahahahahahahahaha

    oh yeah, $3.29 yesterday

  7. #27
    She has her G-string tuned to A Gargs's Avatar
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    Quote Originally Posted by DennyCrane View Post
    ...
    $0.06 of that was profit for Big Oil.
    Are you sure you don't mean the retailers?

    Last I looked at gasoline margins, it was around $0.08/gal. (+/- $0.03 area and week depending)for the retailers' profit margin. The refining margin (the Oil Co. profit) fluctuated between $0.28 and $0.48/gal. for this month IIRC.

    Sure the state and gov. also puts their fingers in the batter but $0.06/gal for big Oil profit is tough to swallow. Especially with a statistic like this:

    "For a company like Exxon, producing a barrel of oil from an existing well costs about $20, according to analysts. When the selling price rises above that, the increase is almost all profit, they said. After Katrina bore down on the Gulf Coast, the price of oil set a new high, approaching $70." ~Washington Post Sunday, September 25, 2005

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  8. #28
    You wanna play rough? Okay Guntizzle's Avatar
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    i work at a gas station btw

    we are a little bit pricey for MD but thats because this gas station is on the edge of peninsula
    87: 3.54
    89: 3.62
    93: 3.73

    and we rarely charge over .15 of what the gas company delivers to us, its not the stations jacking up the price, its the gas companies
    and feel free to ask anything to a gas station assistant manager

  9. #29
    WHERE IS GOD DennyCrane's Avatar
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    Quote Originally Posted by Gargs View Post
    Are you sure you don't mean the retailers?

    Last I looked at gasoline margins, it was around $0.08/gal. (+/- $0.03 area and week depending)for the retailers' profit margin. The refining margin (the Oil Co. profit) fluctuated between $0.28 and $0.48/gal. for this month IIRC.

    Sure the state and gov. also puts their fingers in the batter but $0.06/gal for big Oil profit is tough to swallow. Especially with a statistic like this:

    "For a company like Exxon, producing a barrel of oil from an existing well costs about $20, according to analysts. When the selling price rises above that, the increase is almost all profit, they said. After Katrina bore down on the Gulf Coast, the price of oil set a new high, approaching $70." ~Washington Post Sunday, September 25, 2005
    Your number there doesn't include refining costs, it's just producing a barrel of crude. And to extrapolate those numbers, it falls in line with the $100+ a barrel it costs now for crude.
    Last edited by DennyCrane; 04-23-2008 at 09:36 AM.
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  10. #30
    She has her G-string tuned to A Gargs's Avatar
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    My numbers are taken from the California Energy Commission's gasoline price analysis. Estimated Gasoline Price Breakdown & Margins Details

    Sure, it's California but it's also the only gov. statistic I have readily linked.

    Main station: Intel i7-920 2.66GHz@3.2GHz, 12GB Corsair Vengence DDR3, Gigabyte EX58-UD3R, Barracuda 3x1TGB, Antec 750W PSU, 2x eVGA 460-GTX 1GB SLI, Thermaltake V1-AX, Cooler Master CM Storm

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