Oldgas.com Home

Click here for Petro Porcelain Sign auction listings

Home | Help | Events | Auctions | Parts | Pictures | Links | Contact

Register Log In

Primarily Petroliana Shop Talk Forums Shop Talk Petroliana Forums General Petroliana Discussion How high have gas prices risen through the years

Print Thread

Page 2 of 2

1

2

Re: How high have gas prices risen through the years Dick Bennett #392108 Tue Feb 05 2013 11:10 PM
Joined: Apr 2010 Posts: 298 Leduc, Alberta, Canada J Johnnyleduc Petro Enthusiast
Johnnyleduc Petro Enthusiast J Joined: Apr 2010 Posts: 298 Leduc, Alberta, Canada	The reason Diesel went sky high is the new ultralow Sulphur regulations the UE rammed down everyones throats. Some of the older refineries could not be upgraded, and the other refineries spent Billions (With a B) to upgrade. Before you put all the blame for the high prices on the oil companies remember that the goverment and the enviromentalists have blocked the building of any new refineries for years. Today for a small start up oil company to build a new refinery the cost would be a Billion (with the B again) before putting a shovel in the ground. My rant for the week Looking for Canadian Imperial and Canadian North Star. John Neilsen

Please use For Sale forums to sell

Please - NO offers to Buy or Sell in this forum category

Statements such as, "I'm thinking about selling this." are considered an offer to sell.

Re: How high have gas prices risen through the years Johnnyleduc #392119 Wed Feb 06 2013 01:13 AM
Joined: Aug 2008 Posts: 762 Likes: 8 Cheyenne, WY 6 67Chev4X4 Petro Enthusiast
67Chev4X4 Petro Enthusiast 6 Joined: Aug 2008 Posts: 762 Likes: 8 Cheyenne, WY	Here is another reason. IN 1973 I went from a $3.00 a hour machinest job at a small shop to the refinery's machine shop at $5.83 a hour. I was in hog heaven and getting rich. When I retired in 2003 I was making $21.00 a hour with all of the overtime I wanted. Still getting rich. Now I understand the operators are making $25.00 a hour plus. In 1973 crude was $5.00 a barrel now about $90 to $100 a barrel. Does that help figure out some of the cost. Mitch P.S. I also have oil company stock it pays well.

Re: How high have gas prices risen through the years 67Chev4X4 #392144 Wed Feb 06 2013 06:50 AM
Joined: May 2011 Posts: 373 Arizona A azjockey Petro Enthusiast
azjockey Petro Enthusiast A Joined: May 2011 Posts: 373 Arizona	Price went up here .21 cent . Can't figure that one out, its not even a HOLIDAY WEEKEND. Does that only happen here just before every holiday. Wonder what the major oil quarterly profit margin looks like? Im glad I have stock !

Re: How high have gas prices risen through the years Loyd Pierce #392160 Wed Feb 06 2013 08:00 AM
Joined: Nov 2012 Posts: 1,141 Likes: 15 Wellington, Ohio It's for sale OP Veteran Member
OP It's for sale Veteran Member Joined: Nov 2012 Posts: 1,141 Likes: 15 Wellington, Ohio	Originally Posted By: Loyd Pierce None of this is making me feel better. If they can explain why in 2000 diesiel was 1.35 and gas was 2.50 And today its 3.94 and gas is 3.29 I will listen. Cheepest grade of fuel there is to produce. My thoughts exactly . There has to be answer , but it won't satisfy me. I heat with oil , basicly the same , plus I pay sales tax on top of it. It's usually priced the same as the diesel at the stations , which has the tax included. I understand they need to make a profit and they deliver it , but it looks like $.45 a gallon. Why is gas so much less , when it takes more to refine it? Also , I started driving when gas was $.33 a gallon. I understand the inflation part , but it just seems to take a bigger part of my limited income than it did back than .

Re: How high have gas prices risen through the years It's for sale #392428 Thu Feb 07 2013 08:50 AM
Joined: May 2008 Posts: 2,777 Likes: 1 Lynchburg, Va. 6 60wayne Veteran Member
60wayne Veteran Member 6 Joined: May 2008 Posts: 2,777 Likes: 1 Lynchburg, Va.	This place was out of business, I guess they could not keep up with the price changes.

Re: How high have gas prices risen through the years Johnnyleduc #392744 Fri Feb 08 2013 09:36 PM
Joined: Dec 2006 Posts: 1,550 VT V Vermonter Veteran Member
Vermonter Veteran Member V Joined: Dec 2006 Posts: 1,550 VT	Originally Posted By: Johnnyleduc The reason Diesel went sky high is the new ultralow Sulphur regulations the UE rammed down everyones throats. Some of the older refineries could not be upgraded, and the other refineries spent Billions (With a B) to upgrade. Before you put all the blame for the high prices on the oil companies remember that the goverment and the enviromentalists have blocked the building of any new refineries for years. Today for a small start up oil company to build a new refinery the cost would be a Billion (with the B again) before putting a shovel in the ground. My rant for the week Considering the fact that Exxon Mobil posted profits of 45 Billion last year, I hardly think shelling out for a refinery is an issue. They like the market just as it is. Wanted: Original Jenney Gas, Husky, Marathon, and Frontier Globes

Re: How high have gas prices risen through the years Vermonter #392810 Sat Feb 09 2013 09:20 AM
Joined: May 2005 Posts: 1,253 Likes: 12 Interlaken, NY 5 59fairlane Veteran Member
59fairlane Veteran Member 5 Joined: May 2005 Posts: 1,253 Likes: 12 Interlaken, NY	The reason Exxon/Mobil can achieve these profits is they have control or own the processing/refining process from start to finish. They take it out of the ground, they ship the crude, they refine it, and they sell it in their gas stations. Price will continue to increase as long as the demand is there. Always looking for Ithaca Gun and Lucky Sam soda items!!!

Re: How high have gas prices risen through the years 59fairlane #392821 Sat Feb 09 2013 09:50 AM
Joined: Sep 2007 Posts: 19,464 Likes: 1017 So. Ca. advertologist Veteran Member
advertologist Veteran Member Joined: Sep 2007 Posts: 19,464 Likes: 1017 So. Ca.	Originally Posted By: 59fairlane Price will continue to increase as long as the demand is there. I don't see the demand going away.. RANDY

Re: How high have gas prices risen through the years oldiesbutgoodies #392886 Sat Feb 09 2013 02:57 PM
Joined: Jan 2005 Posts: 2,702 Saline, Mi USA B blacktee Veteran Member
blacktee Veteran Member B Joined: Jan 2005 Posts: 2,702 Saline, Mi USA	Originally Posted By: oldiesbutgoodies My Father had a Sunoco station back in the 60's and I remember pumping gas at that time and up until the gas rationing in early 70's at .29 to .37 cents a gallon. Also remember my Dad saying on a good day he was making .10 cents a gallon profit. I later took over that gas station and added a couple more up until 2001 when I sold out to a large PA oil company. In all those years I only avg. 8-10 cents a gallon profit. It goes to show you that with all the taxes added on and so forth the only ones really making the bucks is the refiners. Well you and your father were doing pretty well I'd say. My father owned a Texaco station from 1957 -1976 when he passed away. He never made 10 cents a gallon profit. In the early 70's he would buy gas at 29.0 cents/gallon and sell at 31.9. 3 cents and he took the labor out of that for me to walk out and pump it. I have the receipts from Texaco Co. selling him the gas and oil back in the 70's. My father made his living in the two bays. No where else. Pop was 15 cents, candy 10 cents and cigaretts were 35 cents. Doug

Page 2 of 2

1

2

Moderated by Oldgas, Ryan Underthun

Hop To

Link Copied to Clipboard

Click here for Gas Pump auction listings

Copyright © 2023 Primarily Petroliana Interactive, All Rights Reserved

Powered by UBB.threads™ PHP Forum Software 7.7.5