Paid $2.83 for dinodiesel last Saturday. Gas is down to $2.57 at Wallyworld. Diesel goes up in late summer and fall, and comes back down in the spring. If you northerners would quit using all that heating oil I could buy cheap diesel year-round.

If you want to read more than you probably care to know about the status of petroleum markets in the U.S. check out http://tonto.eia.doe.gov/oog/info/twip/twip.asp It is updated each Wednesday afternoon around 1:00PM eastern.

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2006 CRD Limited, pretty much optioned out
DOB March 13, 2006
"Raging Inferno" red

LOL I paid to fill up the KJ the other day when I was out of coupons and it was around $137.00.

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No longer a CRD or Jeep owner. Selling everything I have, needs to go as I need the room for a project.

Ouch!!! That's pushing $7 a gallon, WOW!!!

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91 MB 300D 2.5L Turbo. Her's

05 MB E320 CDI. Mine

Yes murder is harsh but what is up with record profits every quarter and higher prices? How can record profits and higher profits not be related. The oil companies are very greedy. But then again business in America is all about the bottom line. Greed seems to drive busines , reasonable profits aren't good enough.

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Sold 05 CRD Patriot Blue, hole in the roof, Trailer tow, factory skids, LSD, Saris load bars, Michelin LTX M/S
Current Bright white 2010 Dakota Quad Cab 4x4 V8

High fuel prices are killing the economy two fold! Taking money away from consumers via higher fuel prices means they can't or won't spend that money on other good/services. Also, high fuel prices increase the cost of bringing goods to market which raises the prices of said goods. This is not a good situation at all. Something needs to be done about this price gouging.

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06.5 Jetta TDI PKG 2 - Silver/Anth

OldNavy -

I saw a Charger today that made me think "I'd buy one of those..."

KJfishman (and No_Blue_Screen) -



A company selling a product that is in high demand will make record profits. Nothing to do with greed or price gouging. Simple supply-damand. Don't like it, too bad. Want a piece of the action, great! Find a product that everyone wants and make it available.

As for gouging, haven't you seen the visuals showing exactly how little of the $2.289 per gallon (or whatever) goes to the gas station or to the oil company? Eleven percent of $2.28 is a whopping 0.23c. And that goes to the oil company (i.e.; the Greedy Executive), the tank farm where the fuel is stored and mixed, the truck driver (and his company) that delivers it to the station, and finally to the gas station. Sure, they move a lot of product, but that is hardly thier fault, now is it?
Coutesy of HowStuffworks.com

Find me another industry that would be happy with only a ten percent margin and I will show you an industry that is actively trying to improve their margin. Would you say they are trying to price gouge and rip off the public. I think not!

For the record, I don't believe the economy is doing to tank. But if it does, it won't be due to the oil companies. OPEC maybe, but not the Exxons and BPs of the world.

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'05 CRD Silver Sport
As Delivered:
Sunroof, Tow, 700mi
Warranty:
EGRs, TC & Pump, EGR FCV
After-market:
Guages (5), PIAA duals, Hitch & side lights,
AeroTurbine, Fumoto, 3.7L Airbox, Revos, Steps,
Cargo Tray, Hitch Rack, Bike Rails, & Slush Mats

That is what we pay for in a gallon..that in no way describes what the oil companies get. Now since 2004, prices have more than doubled. So which is it, the demand for gas doubled or the supply was cut in half?

What I am saying is that fuel prices need to be regulated because they have such a large amount of control over the economy of this country. Also, in the midst of these high fuel prices, the oil companies are raking in record profits.

Think about it! I don't claim to know everything, but I don't think the public has been given any explanation by the oil companies either other than..."you are crazy for thinking that".

People don't realize how much this affects people...especially those with fixed incomes or low incomes.

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06.5 Jetta TDI PKG 2 - Silver/Anth

Heh, that would be my posts most likely. I report the fuel price at Seaport Biofuels pretty regularly on that site.

Jakob, do you have a link to info about running WVO? I'd be interested in checking it out. Would it be something like frybrid.com?

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Lance Zielinski
2007 Jeep Grand Cherokee Overland CRD
2000 VW New Beetle GLS TDI (sold)
2005 Jeep Liberty CRD Limited (sold)

As I said, it's it would be illegal, so no oil robber barons will be revolted against for their the heavy handed exploitation of their people...

Please note... I have a macabre sense of humour. I'm not REALLY saying we should go out and kill anyone. I guess reading text can be misconstrued since you can hear vocal inflection and see an facial expression when a statement like that is made.

Even if it DID work for the French Revolution, beheading greedy overlords worked fine in changing the course of history (note: macabre humour in play, don't take this statement literaly.. LOL)

On a serious note, I sincerely feel that these rapacious companies DO need to be made examples of. These @55holes have been given free rein to bend us over the oil barrel too long. Unless SOMEONE stands up and calls B.S., it's going to continue getting worse. Writing to your local congressperson or representative would actively express your disastisfaction. This could go a long way, considering (like WA state) a HUGE portion of that price is TAXES. Let the lawmakers know that you're not happy being raped at the pump and your vote will go to someone less interested in exploiting you. And if change doesn't happen VOTE for someone less interested in exploiting you. Bloated governments and greedy executives CAN be dealt with, only if WE have the huevos to stand up to them.

My current way of standing up to them is to park my gasoline cars and run biodiesel in my diesels, as well as express my extreme disatisfaction to lawmakers with rapacious gas taxes...

Also we all know that the increasing gas prices are blatant exploitation of the consumer. Yes, our prices our still lower than Europe, and yes people appear to be too stupid to realize that laying off buying gas would clearly communicate disatisfaction with the prices. But diesel, as already pointed out, is the backbone of commerce. Trains and semi's run on it. Tractors and farming equipment run on it. By jacking the price of diesel, you're jacking the price of EVERYTHING to compensate. When is enough going to be enough?

Anyhow, I will take my soapbox away now. Sorry for the long rant. Just sick of being screwed by people and governments who don't have the people's best interest in mind...

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Lance Zielinski
2007 Jeep Grand Cherokee Overland CRD
2000 VW New Beetle GLS TDI (sold)
2005 Jeep Liberty CRD Limited (sold)

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAMEEEEEEEEEEEEEEEEEEEEEEENNNNNNNNNNN!

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06.5 Jetta TDI PKG 2 - Silver/Anth

No_Blue_Screen -


I don't understand your point: "That is what we pay for in a gallon...that in no way describes what the oil companies get."

If we are paying that for gas, who else is getting the money if not the oil companies, and others?

As my post shows, 31% of the price is taxes (we can't quickly change that) and refining (must be done, can't change). The 59% for crude oil represents the global market price, which is set by (simplistically) OPEC, et al. I failed to note that our oil companies get this money since they drilled it up. But I maintain my position that if they choose to engage in selling a high-demand (and high-volume) product, they deserve to reap the market price.

As for prices doubling, sure. They have doubled. But not due to price gouging. It's due to supply and demand, the market will support the increased price. People selling things are very well entitled to sell stuff for whatever the public will pay for it. This would be different following weather events, for example, where the demand is suddenly, and temporarily, high. But since the prices are high across the board, you have to look for another answer, and more global answer.

If we agree to regulate prices of a market product, we have succumbed to Socialism (or Communism or Marxism, whichever). The role of the government, as spelled out in the Constitution, does not include the regulation of fuel prices. The fact that high prices are detrimental to mid- to poor-income citizens does not mean we need to rush out and save them. We should feel for them, of course, and we should help them, but that help needs to come in the form of "teaching to fish" rather than "giving a fish".

Politics rant over. Regularly scheduled Jeep programming will resume momentarily...

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'05 CRD Silver Sport
As Delivered:
Sunroof, Tow, 700mi
Warranty:
EGRs, TC & Pump, EGR FCV
After-market:
Guages (5), PIAA duals, Hitch & side lights,
AeroTurbine, Fumoto, 3.7L Airbox, Revos, Steps,
Cargo Tray, Hitch Rack, Bike Rails, & Slush Mats

As said here the only one really making a killing is OPEC, oil coast about $5 a barrel to remove from the ground SA and our friends charge us $70+ a barrel. What is that about 1700% proffit margin. Most grocery stores operate on 25% proffit or use to in the 80's, not sure about today. We are supporting the people who want to kill us by buying their oil, we should use only US oil and coal liquification and see how long OPEC last getting along with rest of the world.

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91 MB 300D 2.5L Turbo. Her's

05 MB E320 CDI. Mine

I am sure that part of the issue with Diesel Prices is the situation in Iraq as well as Afganastan. The military uses quite a bit of diesel fuel, not to mention fuel for aircraft.

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2005 Liberty CRD Sport Silver
Full MOPAR Skids
Rusty's 2.5" Coil Lift
235/75/16 Cooper Discover ATR
www.stephenallcroft.com

I agree oldnavy we need to use what we have here and quit or severely cut back on foriegn sources. Just use Biodiesel, Ethanol, Fuel Cells, Solar, Wind, Hydro, Coal or just ride your bike to work would do. Then watch the price of oil drop.

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It may be that your only purpose in life is to serve as a warning to others.

06 CRD Sport
Built 5/11/06
Jeep Green
Rocklizard diff cover
V6 Airbox

To add to that, I watched a news conference on C-SPAN two nights ago that was the big whig for Shell answering all these questions on price increases.

One cool thing they are working on is an 'in-situ' conversion of coal/tar shale to oil. They sink large electric heaters/probes into a mountain and over time it breaks down the shale into oil and they pump it out. They have a site in the US where there are over a trillion barrels of produceable oil with this method as long as prices remain where they are to make it profitable to get. Just from one site!

They are also doubling one their Texas refineries and adding an additional 150 million gallons per day capacity of gasoline production. He stated that other companies need to do the same as refining capacity needs to increase a good 10% immediately even with more efficient cars coming online.

Prices staying high are not a bad thing to force change. It forces the switch over from gas suckiing things to more efficient things and makes US oil sources profitable again. As much as I hate high prices, they work.

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'05 CRD Sport born on 06/20/05, bought on 9/23/05, L.O.S.T. on 9/27/05 - modding ever since:

Daystar 2.0" Lift, P255/70R16 Revos, Boulder Bars, Reese Front Hitch w/9k Hooks, Poison Spyder Rock Ring, MOPAR Skids/Bug Shield/Roof Rails/Mats, WARN Hitch Shackle(Rear), 10k Hitch Hook(Front), Custom Tilt/Slope Meter, Ammo Box Mod, Rotella T 5W-40.

Sad but true. The eventual fall-out from this will likely mirror the early 80's. Consumption fell sharply and stayed that way until the mid 90's (so did fuel tax revenues). It also make pumping domestic oil profitable which I hear the break even point is @$80/barrel to make the investment worth the risk. Notice how crude oil prices stay just below that amount? I just laugh at the socialist who think that government regulation of prices to artifically keep fuel cheap will somehow fix a supply/demad problem. Someone will still have to pay the bill.

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2005 Liberty Sport CRD, Lt Khaki, sunroof

Thankful to now be an EX-CRD owner.

Supply and demand is something that normally changes gradually...not as quickly as it did. If the supply wasn't cut in half, and the demand did double this quickly, then why have the prices doubled? Sure I can understand the wars have pushed fuel prices up some, and I am not saying that the government needs to engage in price fixing...what I am saying is they need to take a look at where all the money is going, figure out why the price is high, and create a plan to give consumers some relief. When oil companies are making record profits....which they weren't when fuel prices were lower....you have to wonder if the higher price is justified or if they are just running up the price to increase profits. I am all for people driving more efficient vehicles and being more efficient with the way they drive, but that is no excuse to run prices up.

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06.5 Jetta TDI PKG 2 - Silver/Anth

It's always amazing when the same ideas that haven't ever worked before keep coming up. Regulating prices. That gambit was tried in the early 70's and was a major contributor to the fuel shortages and gas lines during the Arab oil embargo. Sure, gas was "affordable", but there often wasn't any to buy. That's what happens when prices are regulated to be less than the market price. Oil Shale. I used to live in "shale country" in Colorado. They've been talking about oil shale for about a century. It's never been economically viable because it takes about as much energy to produce as the product contains. The only time any was produced was in the late 1970's and early 1980's when the federal government heavily subsidized the production costs. When the subsidy was cut off, the industry collapsed--literally almost overnight. Diesel from coal is probably the most promising technology, but the product produced will probably cost as least as much, if not more, than diesel sells for today.

So, for all those people who think there is some panacea that will bring back cheap fuel--GET OVER IT! It's not going to happen. I bought a CRD because I needed a 4WD and I wanted the most fuel-efficient model available that actually has some true off-road capability. I harbor no illusions about fuel for it ever being cheap again. Those days are over. We Americans are going to have to learn how to be a lot more fuel efficient in how we live and move about. And the sooner we get started, the better.

Like I said, prices will need to stay high to get this stuff and keep getting this stuff. Oil shale is being reevaluated because of the 'in-situ' ie "in place" conversion method. No strip mining required, less energy to produce than stip mining or tunnel mining methods, but prices will remain high if not higher to get and use it.

My only interest in it is that's it's an American supply potential, a vast one. The failures of the 1970s and 1980s don't apply to this new mining method as data has yet to prove anything yet. If it were to drive prices down, that would result in a long term problem as more fuel guzzlers would be produced all over again...

I've always secretly hoped that somewhere, in some political planning top secret room, it was discussed to use all the middle eastern oil up first, saving our vast alternative resources for last - hence - we will deplete their supplies, be able to absorb higher prices - and then be self sufficient while others beg us for energy. Now THAT's wishful thinking...

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'05 CRD Sport born on 06/20/05, bought on 9/23/05, L.O.S.T. on 9/27/05 - modding ever since:

Daystar 2.0" Lift, P255/70R16 Revos, Boulder Bars, Reese Front Hitch w/9k Hooks, Poison Spyder Rock Ring, MOPAR Skids/Bug Shield/Roof Rails/Mats, WARN Hitch Shackle(Rear), 10k Hitch Hook(Front), Custom Tilt/Slope Meter, Ammo Box Mod, Rotella T 5W-40.

Erm... there's a common myth that we get a HUGE amount of oil from OPEC... but we don't. It's just spin control for these oil companies to justify their excessive prices.

For example, in 2004:



And in 2005:


I believe that puts us down from 43.4% in 2004 to 42% in 2005. I'd have to do some investigating...
The article I grabbed this from can be found here.

And here's the importing information for 2006. That's 40.5% OPEC oil since Dec. 2005.

While I appreciate the mistrust of OPEC, it's NOT ONLY what's driving your gas prices... the fat greedy b@st@rds in this own country that are raping you more than OPEC is...

Just makin sure we compare apples to apples here...

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Lance Zielinski
2007 Jeep Grand Cherokee Overland CRD
2000 VW New Beetle GLS TDI (sold)
2005 Jeep Liberty CRD Limited (sold)