$5.00 per gallon gas
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Re: $5.00 per gallon gas
THeir pricing is based on FIFO, first in first out, not LIFO. As such their price is not going to go down until all of that 130 per hogshead is sold.Comment
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Re: $5.00 per gallon gas
A hogshead is between 55 and 66 US gallons while the capacity of an oil barrel is only 42 US gallons.Comment
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A tree is known by its fruit, a man by his deeds. A good deed is never lost, he who sows courtesy, reaps friendship, and he who plants kindness gathers love.
Blessed are they who can laugh at themselves, for they shall never cease to be amused.Comment
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Re: $5.00 per gallon gas
You cannot just say drill more oil in the USA because there is not the refinery capacity, manpower nor desire by the oil companies to open more oil drilling platforms.Comment
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Re: $5.00 per gallon gas
Sen. Barrasso Calls Biden 'The President of High Gas Prices'
Sent from my SM-G960U using TapatalkComment
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Re: $5.00 per gallon gas
54% of Canadians cutting back on driving amid high gas prices: Survey
The majority of Canadians say they are driving less now as a result of high gas prices, according to the latest Leger survey for BNN Bloomberg and RATESDOTCA. And, for the most part, they’re not telling insurance companies — which could be costing them money.
Prices at the pumps have been rising across the country for months now, with the latest increase resulting from Russia’s attack on Ukraine. A number of countries around the world, including Canada, have banned Russian crude, which has driven oil prices higher.
When surveyed, 54 per cent of Canadians said they were driving less because of the high prices. Another 15 per cent said they were planning to adjust how much they drive in the near future.
Atlantic Canadians were changing their driving habits the most, with 70 per cent of respondents there saying they are driving less, while 55 per cent in Ontario said they were driving less. In Alberta, 46 per cent of drivers said they were driving less, the lowest percentage in the country.
The online survey of 1,515 Canadians was conducted by Leger from March 11-13.
High gas prices are also spurring a shift in consumer habits, with more drivers now saying they will look at buying an electric car or hybrid. One in five of those surveyed said they would consider buying a hybrid as their next vehicle, while 18 per cent said they would consider an electric car. Only 27 per cent said that high gas prices would not have any impact on their next purchase.
While consumer driving habits change, drivers have not done a good job of keeping their insurer informed. Only 17 per cent of respondents said they had notified their insurance company that they are now driving less. Another 39 per cent said they had not notified their insurer, while 41 per cent said they didn’t even know that changes in driving distance could impact their insurance premium.
This is a missed opportunity to save money.
Driving less can lower your premium, especially if the type of driving you are doing has changed. For instance, if you are no longer driving to work, and only using your car to pick up groceries or see friends, insurance companies are likely to lower your rate, as your vehicle use will fall into the category of “leisure” rather than commuting for work.
It’s important in general to keep your insurance company informed of any changes to your driving. Insurers can potentially cancel your policy if they find out you omitted information.
So while you can’t control the cost of gas prices, you can control some of your insurance premium. That means if you’re driving less, call your insurance company. It could be the one upside to expensive gas prices.Comment
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Re: $5.00 per gallon gas
The average American family spends less than 2% of their annual income on gas so I don't understand why all the drama for gas prices while food, housing and medical continue to go up.
Meanwhile, Congress is fuckin around with daylight savings time and hairstyle legislation.......we are pissing and moaning about the wrong issues
Failing to plan is planning to fail!!!Comment
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Re: $5.00 per gallon gas
The average American family spends less than 2% of their annual income on gas so I don't understand why all the drama for gas prices while food, housing and medical continue to go up.
Meanwhile, Congress is fuckin around with daylight savings time and hairstyle legislation.......we are pissing and moaning about the wrong issues
I filled up this morning. $70.00. High gas prices are hurting folks. Moreover, the price of oil indirectly drives up the cost for practically everything...in one way or another.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: $5.00 per gallon gas
Inflation is hurting more than gas prices is my point.
If food is 7% higher due to inflation, and you eat a few times a day, with a family multiply that number, this is a greater burden then filling up the tank once or twice a week. At $70 I would guess you not driving a smaller vehicle and by purchasing a larger vehicle, you have chosen to pay more for gas from day 1. Now that day 1 choice is biting you in the ass; choices have consequences Billy.
All the drama about gas is plain silly and blaming Brandon for every bump in the road is no different than those who blamed Trump for the same bumps.
Failing to plan is planning to fail!!!Comment
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Re: $5.00 per gallon gas
Inflation is hurting more than gas prices is my point.
If food is 7% higher due to inflation, and you eat a few times a day, with a family multiply that number, this is a greater burden then filling up the tank once or twice a week. At $70 I would guess you not driving a smaller vehicle and by purchasing a larger vehicle, you have chosen to pay more for gas from day 1. Now that day 1 choice is biting you in the ass; choices have consequences Billy.
All the drama about gas is plain silly and blaming Brandon for every bump in the road is no different than those who blamed Trump for the same bumps.
I drive a Cadillac CT6. The price of gas isn't affecting me. Now that we've cleared that up....
The price of gas rising also leads to higher prices pretty much everywhere else. When everyone pays more for gas it costs more to get goods to stores.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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