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Gasoline prices ready to hit new high in S.F.

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  #11  
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Jeff
 
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Default Re: Gasoline prices ready to hit new high in S.F. - 05-03-2007 , 08:27 AM







"Linda" <lindajo (AT) rcn (DOT) com> wrote

Quote:
Make a statement that we do not care to continue with high gas
prices.


NO GAS...On May 15th 2007

Don't pump gas on MAY 15th

In April 1997, there was a "gas out" conducted nationwide in! protest
of

gas prices. Gasoline prices dropped 30 cents a gallon overnight.


On May 15th 2007, all Internet users are to not go to a gas station in

protest of high gas prices. Gas is now over $3.00 a gallon in most
places.


There are 73,000,000+ American members currently on the Internet
network,

and the average car takes about 30 to 50 dollars to fill up.


If all users did not go to the pump on the 15th, it would take

$2,292,000,000.00 (that's almost 3 BILLION ) out of the oil companies
pockets for just one day, so please do not go to the gas station on
May
15th and lets try to put a dent in the Middle Eastern oil industry for
at
least one day.
For this to be effective, not only do you not need to go to the gas station,
but you need to actually decrease the number of trips of you take. This are
other ways to stick it to the gas companies:

1) Keep gas in your car. I don't mean the ones that goes in your gasoline
tank. I mean keep your tires filled with the proper amount of air. This
helps reduce the amount of gas used.

2) When you run errands, do so smartly. Do them one right after another (a
warm engine runs more efficently than a cold one). Plan your trips so you're
go the least amount of distance, too. So if you things to do one south side
of town and the north, do all the things on the south, then do all the
things on the north. Don't go back and forth.

3) Walk. This really gets to them, especially if you waveto the gasoline
attendents and smile as you walk past gas stations.

4) Bike to your stuff with your family. Going to soccer practice? Bike
there. Good for your heart, too.

5) Take the bus, train or boat. This makes them cry. They think of all the
gas that is going to stay in their tanks instead of being pumped into yours.

Quote:
If you agree (which I cant see why you wouldn't) resend this to all
your

contact list. With it saying, ''Don't pump gas on May 15th"
Unless you actually do things to save gasoline, the only thing this will do
is make sure that if I need to fill up on the 15th, there will be no wait
for me at the pumps.

Jeff

Quote:
On Mar 31, 7:41 am, "Jim Higgins" <gordian... (AT) hotmail (DOT) com> wrote:
So much for Detroit and the Little Three chances for this year if this
keeps
up through the Summer

Gasolinepricesready to hit new high in
S.F.http://sfgate.com/cgi-bin/article.cg.../30/MNG50OUPG7...

San Francisco's surging gasolinepricesstand poised to smash their old
record of $3.36 for a gallon of regular, perhaps as early as today.

Some stations in the city already have passed that record, set last May.

Although San Francisco's average gasoline price reached $3.34 Thursday,
individual stations were charging as much as $3.98.

And yes, that's $3.98 for regular. Want premium? At least one San
Francisco
station was charging $4.18 per gallon.

The national average for a gallon of regular stands at $2.62, up 48 cents
since the end of January. California's average is $3.22, up 70 cents in
the
same period. No other state average tops $3 per gallon, although Hawaii
might pass that mark this weekend.

Blame huge refinery profit margins, falling gasoline production, tensions
with Iran and American drivers themselves, who are -- believe it or
not --
buying moregasnow than they did last year.

Just two weeks ago, it looked like San Francisco and the rest of the
country
would finally get a break at the pump.Pricesfor crude oil, gasoline's raw
material, were falling. Refineries were almost done with their annual
spring
maintenance, which temporarily had cut the amount ofgasthey could
produce.
Market analysts predicted that the stunning late-winter run-up inprices
would soon end. San Francisco's average even dropped for a few days.

Then escalating tensions with Iran forced crude oilpricessharply higher,
almost 17 percent in 10 days. Mechanical problems kept hitting refineries
throughout the country and in the Bay Area, shrinking the amount of
gasoline
on the market.

Throughout, refinery profit margins on the West Coast remained almost
twice
as high as they were last fall, adding to the price drivers pay at the
pump.
The difference between what West Coast refiners pay for crude and the
price
they charge for refined products has risen to $37 per barrel from about
$20
last fall.

And all the while, drivers kept buying. The country now burns about 1.4
percent more gasoline than it did at the same time last year.

In other words, there's less gasoline available, but drivers are
consuming
more than before. The companies that sell it enjoy hefty profit margins,
and
they don't have any incentive to cutprices.

"If you can sell, relatively speaking, the same amount of your product at
a
higher price than at a lower price, you're probably going to sell at a
higher price," said Sean Comey, spokesman for the AAA of Northern
California
Auto Club.

Consumer advocates charge that refiners are purposely restrictinggas
supplies as a way to drive up the price. They doubt that all the recent
mechanical problems are real or require as much downtime as the companies
say. And they note that no government agency polices refining companies
to
make sure their executives are telling the truth.

"They could well be making more money by not producinggasthan they do
when
they producegas, which is the scenario we saw in the electricity crisis,"
said Michael Shames, executive director of the watchdog Utility
Consumers'
Action Network in San Diego. "When you have a market that's so
dysfunctional, you need to have more oversight."

Still, no one has been able to prove manipulation. And many experts say
the
huge margins for refiners simply represent the dynamics of the market,
where
supply is squeezed and demand keeps rising.

For all the times California officials have investigated gasolineprices,
they have never been able to demonstrate that refiners are gaming the
market. The state attorney general's office has one such investigation
under
way right now but has not reached any conclusions.

"A lot of people have invested a lot of time on this, and a lot of those
people have subpoena power," said Tupper Hull, spokesman for the Western
States Petroleum Association. "And they haven't found anything wrong."

Yet, even some oil executives acknowledge that California's gasoline
market
is broken, or at least seriously warped.

The state uses its own unique, pollution-fighting blend of gasoline, made
by
a limited number of refineries. That limited supply makes the state prone
to
wild swings in price and is one of the main reasons Californians
typically
pay more at the pump than other Americans.

San Ramon's Chevron Corp. now controls about one-quarter of the state's
refining capacity. CEO David O'Reilly said the country needs to cut the
number of specialized gasoline blends in use, which would allow gasoline
to
flow across state borders much more easily. That, in turn, would minimize
price spikes and give California access to more fuel. He has made that
argument for years.

"I think it's unfair for people to assert that we're trying to take
advantage of something when we've been pointing out, for years, that this
is
the wrong way to go," O'Reilly said.

But Chevron, like other local refiners, benefits from California's
perpetually tight market. And when they talk with Wall Street, the
company's
executives sometimes boast about how profitable their West Coast
operations
have become, even though the vast majority of the company's profits come
from selling crude oil.

"The Chevron brand continues to garner both increased market share and
pricing power in the marketplace," Executive Vice President Mike Wirth
told
stock analysts at a conference earlier this month.

Chevron plans upgrades to its California refineries that could increase
their gasoline production by 840,000 gallons per day. And O'Reilly
continues
to argue that the government can fix the problem by standardizinggas
blends.

"We've advocated for change at a state level," he said. "But advocating
and
getting the regulations changed are two different things."

How long will the gasoline price increase last? Analysts say that will
depend on refinery output and the international politics influencing the
price of crude oil.

Refineries elsewhere in the nation are starting to increase the amount
ofgasthey produce, according to the latest federal government figures,
but
California still lags. As for oil, any further saber-rattling between
Iran
and the West could easily shove up the price further.

--
Never hire a Ferret to do a Weasel's job




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  #12  
Old   
C. E. White
 
Posts: n/a

Default Re: Gasoline prices ready to hit new high in S.F. - 05-03-2007 , 08:36 AM







"Jeff" <news (AT) googlemail (DOT) com> wrote


Quote:
Unless you actually do things to save gasoline, the only thing this
will do is make sure that if I need to fill up on the 15th, there
will be no wait for me at the pumps.
Good point! I usually buy gas on Fridays. Can we get them to move the
gas out day until May 18?

Ed




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  #13  
Old   
vertuas
 
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Default Re: Gasoline prices ready to hit new high in S.F. - 05-04-2007 , 09:07 AM





Quote:
protest of high gas prices. Gas is now over $3.00 a gallon in most
places.


And that it expensive.

OK so $3.00 dollars is about £1.50 UK.

£1.50 a gallon that's £0.33 per litre.

we have to fork out about £0.90 per litre!!!!!! Almost hree times the price.
A gallon over here would be $8.10!!!

I think its about time the Shell trucks, up liverpool way, were barricaded
in again!!!!!


(calulation based upon 1 gallon UK= 4.5 litres, a US gallon is slightly
different!)





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  #14  
Old   
Steve R.
 
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Default Re: Gasoline prices ready to hit new high in S.F. - 05-04-2007 , 07:55 PM




"vertuas" <vertuas (AT) NOSPAMhotmail (DOT) com> wrote

Quote:


protest of high gas prices. Gas is now over $3.00 a gallon in most
places.



And that it expensive.

OK so $3.00 dollars is about £1.50 UK.

£1.50 a gallon that's £0.33 per litre.

we have to fork out about £0.90 per litre!!!!!! Almost hree times the
price. A gallon over here would be $8.10!!!

I think its about time the Shell trucks, up liverpool way, were barricaded
in again!!!!!


(calulation based upon 1 gallon UK= 4.5 litres, a US gallon is slightly
different!)



It's $1.225 CDN per litre here on south Vancouver Island!

Steve R.





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  #15  
Old   
Jeff
 
Posts: n/a

Default Re: Gasoline prices ready to hit new high in S.F. - 05-05-2007 , 03:58 PM




"still me" <wheeledBob (AT) yahoo (DOT) com> wrote

Quote:
On Fri, 4 May 2007 16:55:44 -0700, "Steve R." <ud233 (AT) victoria (DOT) tc.ca
wrote:


It's $1.225 CDN per litre here on south Vancouver Island!

Steve R.

Wow, that's only like .35 cents US!
The exchange rate is about $1CAD = $0.90US. So that is about $1.10 US per
liter. $1.10 / liter is close to $4.00 US per gallon.

Jeff



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  #16  
Old   
Jeff
 
Posts: n/a

Default Re: Gasoline prices ready to hit new high in S.F. - 05-05-2007 , 03:58 PM




"still me" <wheeledBob (AT) yahoo (DOT) com> wrote

Quote:
On Fri, 4 May 2007 16:55:44 -0700, "Steve R." <ud233 (AT) victoria (DOT) tc.ca
wrote:


It's $1.225 CDN per litre here on south Vancouver Island!

Steve R.

Wow, that's only like .35 cents US!
The exchange rate is about $1CAD = $0.90US. So that is about $1.10 US per
liter. $1.10 / liter is close to $4.00 US per gallon.

Jeff



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  #17  
Old   
Steve R.
 
Posts: n/a

Default Re: Gasoline prices ready to hit new high in S.F. - 05-05-2007 , 08:00 PM




"Jeff" <news (AT) googlemail (DOT) com> wrote

Quote:
"still me" <wheeledBob (AT) yahoo (DOT) com> wrote in message
news:bnmp33hkflrmatblo4jr8qiotq20b5t5sh (AT) 4ax (DOT) com...
On Fri, 4 May 2007 16:55:44 -0700, "Steve R." <ud233 (AT) victoria (DOT) tc.ca
wrote:


It's $1.225 CDN per litre here on south Vancouver Island!

Steve R.

Wow, that's only like .35 cents US!

The exchange rate is about $1CAD = $0.90US. So that is about $1.10 US per
liter. $1.10 / liter is close to $4.00 US per gallon.

Jeff
$4.64 CDN per US gallon! About $4.26 US.

Steve R.


--
Due to high levels of spam, all email sent to this account is being auto
deleted.




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