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Gage
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#71
01-25-2015
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$1.78 in the metro-Atlanta area.
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#72
01-25-2015
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Quote:
Originally Posted by Madvillan View Post
This is how I feel. It's going to be scary to see what happens when it goes back on the rise honestly.
Since we (the US) is finally exporting more oil than we import, I really hope gas doesn't shoot up again. There's no point for it to do so, except for oil companies wanting to make more money overseas. Which is totally a viable option and what will likely happen, but it's a shitty situation. We should keep our oil here, and keep it cheap.
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#73
01-25-2015
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its like $1 per litre where I am. 1 liter is like 1/4th a gallon. Roughly $3.75 per gallon I guess. Prices have dropped 40 cents though.. our shit was crazy high.

Last edited by Eamonn; 01-25-2015 at 04:33 PM.
Al
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#74
01-25-2015
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Quote:
Originally Posted by BuK View Post
Since we (the US) is finally exporting more oil than we import, I really hope gas doesn't shoot up again. There's no point for it to do so, except for oil companies wanting to make more money overseas. Which is totally a viable option and what will likely happen, but it's a shitty situation. We should keep our oil here, and keep it cheap.
cheap oil isn't doing anyone any good



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#75
01-25-2015
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Quote:
Originally Posted by Al View Post
cheap oil isn't doing anyone any good
Saves people money on gas so they can spend that saved money on other things.. increasing other businesses profits? More money moving around to different areas?
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#76
01-25-2015
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Quote:
Originally Posted by Al View Post
cheap oil isn't doing anyone any good
explain how so?
Quote:
Originally Posted by Eamonn View Post
Saves people money on gas so they can spend that saved money on other things.. increasing other businesses profits? More money moving around to different areas?
This is the tip of the iceberg.
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Al
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#77
01-25-2015
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Quote:
Originally Posted by Eamonn View Post
Saves people money on gas so they can spend that saved money on other things.. increasing other businesses profits? More money moving around to different areas?
I can't remember the exact figures, it was from a news segment a couple years ago, but gas prices really aren't that much of a burden.

You have to look at all the industries that have a direct relationship with oil. When oil is cheap there is very little demand for renewable resources. That means a cut in funding which means a cut in jobs. No new wind farms, no more solar panels. No ethanol. All those industries were created because of expensive oil. When expensive oil goes away, so do they.

And then you have to think about the people. For example in Illinois, there are hundreds and hundreds and hundreds of wells in the southern half of the state. Those wells had to be surveyed, drilled, and maintained. That means trucking companies were put to work. Laborers hired. Operators trained. Infrastructure built. Entire communities exist because of local oil demand. With cheap oil, none of that becomes economically viable and the show leaves town.

We all love to hate oil but it puts food on the table for an enormous amount of people.


I'm a little biased tho. This cheap oil isn't doing ethanol any good which isn't doing crop prices any good. Need that high dollar corn to keep tile demand high :P



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#78
01-25-2015
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Under $2/gal around here. Lowest I've seen is $1.75.

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#79
01-25-2015
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Quote:
Originally Posted by Al View Post
I can't remember the exact figures, it was from a news segment a couple years ago, but gas prices really aren't that much of a burden.

You have to look at all the industries that have a direct relationship with oil. When oil is cheap there is very little demand for renewable resources. That means a cut in funding which means a cut in jobs. No new wind farms, no more solar panels. No ethanol. All those industries were created because of expensive oil. When expensive oil goes away, so do they.
Honestly, I don't think so.. renewable resources weren't championed because of gas price, but because of how efficient and sustainable they are themselves, and because of the whole green movement. Even if oil is cheap, the dude producing solar panels isn't going to lose his job. Renewable is supremely on the come up and it's the way of the future, whether they (or you) like it or not.

And on the flip side, Chesapeak & Devon (The two largest oil and natural gas companies in the region) in Oklahoma have had to liquidate natural gas stations at a loss because natural gas didn't take off like they hoped, even when oil was absurdly expensive.

Quote:
And then you have to think about the people. For example in Illinois, there are hundreds and hundreds and hundreds of wells in the southern half of the state. Those wells had to be surveyed, drilled, and maintained. That means trucking companies were put to work. Laborers hired. Operators trained. Infrastructure built. Entire communities exist because of local oil demand. With cheap oil, none of that becomes economically viable and the show leaves town.
A dude my mom was with for 8 years is from Illinois and his dad owns a huge oil company. The guy my mom is with worked in oil for a long time, lived his life on call driving hundreds of miles every day to fix something, a hundred miles the opposite way to fix something else, etc. In Oklahoma, oil has already taken a hit, and he's already finding similar contract jobs elsewhere because of his reputation. The people losing jobs here are those with minimal experience who joined the oil field because they didn't have a college education and were looking for a quick buck. In this day and age, towns will survive without oil, this isn't the 1930s. Those roughnecks will find work elsewhere and return once gas is at a "viable" price.

Quote:
We all love to hate oil but it puts food on the table for an enormous amount of people.
It really does, but there's plenty of jobs out there for those who did it strictly because "lol oil is money."


Quote:
I'm a little biased tho. This cheap oil isn't doing ethanol any good which isn't doing crop prices any good. Need that high dollar corn to keep tile demand high :P
fuck yo ethanol gas nigga
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Last edited by BuK; 01-25-2015 at 08:34 PM.
H2F ShocK
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#80
01-25-2015
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$1.80 here. Costs me 20 bucks to fill up now, instead of 35. Praise Jesus.

I'm in Lawrence, KS.
 

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