This has been a hot topic on dieselplace.com as you can imagine since we pay nearly 50 cents more a gallon then regular. Im lucky in the fact that I have a company truck to run errands in and commute back and forth to work but it still hurts when I fill up for trips etc. In the past gas prices have always gone up then come back down, but for the past couple years it seems they have just continued to skyrocket. Now when you factor in inflation gas prices are too out of wack but I question the sudden huge jump. When I got my license(almost 7 years ago) I remember gas was right at a buck a gallon, now it is 3.15ish(avg around here for reg) thats a big jump in just a few short years when compared to the 60-70cents it was in the early/mid 90s. I know the reasons why gas is so high so I dont want to venture off into that subject as it has been discussed to exhaustion but I havent read anything about if/when the prices will come down. I realize there are price hikes for summer, spring break, holiday seasons etc but its late winter gas prices should be going down or stagnant not rising through the roof as far as that theory is concerned. I dont know if Im missing something besides greedy oil companies and crooks for government authorities.

 

The gases prices will not come down until the US Dollar is more competetive with other currancy... The falling dollar is a direct reflection on the US economy, if and when the economy bounces back, then the gas prices will fall back down... HOnestly it has very little to do with greedy oil companies, it has to do with the Dollar not being able to buy as much as it did several years ago... All other currency are greater than the dollar now, so since the US dollar can not buy as much as it used to that is why gas that is imported costs more....

 

hahahahahahaahah aghahah ahah a]puoj
p I wish!

 

I agree to a certain extent but have you seen the profits from the major oil companies? Not all that "excess" profit is driven by a weak american dollar.

 

Hittin the sauce a bit early at work today Bill?

 

Their profits aren't hardly even controlled by themselves. The US oil companies don't set the price for a barrel of oil. Even if they made it to where they didn't profit much at all, gas wouldn't be hardly, if any, cheaper. They are lucky enough to be in a great spot for making money. I say let them make as much money as they can because their profits (or lack thereof) really wouldn't have much effect on gas prices.

 

Give me a fuggin break. Gas in the middle east is cents on a dollar and same for Venezuela. Oil companies are profiting higher than ever, I don't need or want to hear any oil company rhetoric...I am firm in my beliefs.

I know it's not the gas station owner....and I know the State takes a big fuggin chunk in taxes....but the oil companies are making huge profits.

Sure profits are good, no problem with that....cant blame them for having the consumer over a barrel BUT lets call it what it is and stop sugar coating it.

 

The gas is cheap in the countries that produce it because they subsidize it. We use more gas than ever before. If you sell more product you make more money. There profit margins are in aproximately the same as other major manufacturers. The ones raking in the money is the federal govt. They take in roughly 60 cents on every gallon of gas sold for doing nothing. The oil companies take in 8-10 cents per gallon. They process, distribute and sell it.

 

I wonder how many here work in the oil industry?

I like to picture the Oil companies as huge monsters, with secret agendas, quietly running world politics from behind the scenes. I know that is just hollywood

 

Is it...... Or is it the truth