#391802
Tue Feb 05 2013 07:54 AM
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Joined: Nov 2012
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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.
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Joined: Sep 2007
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up 23 cents here in 1 week.. 
RANDY
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Does the fact that there were 10,000 oil companies in 1930 compared to 10 today, have anything to do with it?
see me at Mason Dixon Gas, Spring Carlisle M114-115, and Hershey C4E-35.
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Does the fact that there were 10,000 oil companies in 1930 compared to 10 today, have anything to do with it? ...there's that, and the disparity in subsidies between oil and renewables...
Looking for better Gulf items: signs, globes, cans and paper - especially porcelain Gulf flanges, and Gulf A-38 & A-62 ad glass...
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Gas here is $2.99 a gallon. Based on inflation in 2011 dollars, gas that was $1.00 in 1979 would be $3.05 today. So, based on that, we are doing better...LOL
Alex
Looking for Texaco and Power Gasoline items
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It might work out to be the same but the difference is that in 1911 and before, only people of a certain ammount of wealth were able to afford a vehicle until model Ts came along. Motor vehicles were very expensive and so the fuel that made them go was priced as such for a luxury item.
Enter Model T's and it became more affordable for every man to buy a car and then gas was deemed a ok expense even tho it was still priced as a luxury item, much like it is today still.
The problem is that it has become a neccesity for most now compared to back then when most people never even would leave their county during their lifetimes. Now it is common for people to commute 40 miles each way, each day for their jobs, something not possible back then.
... it is good info to see tho, thanx for posting it.
The "lipstic on a cow" comment on there cracked me up.
LOOKING-4:WELDING SIGNS,Charter/Finance/PulOil/Trulite/TruTest-Oils,True's gas CORALINE/RAINBOW, Gardner 70 items of Yakima wa., Wa/Or/Id Chief items
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Another difference is , there weren't many spending $60.00 at a time to fill their SUV's. But those old cars only gave 8-14 MPG.
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up 23 cents here in 1 week.. Yup, about the same numbers here as well. 
DOC @ THE AMERICAN GARAGE
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It's simply greed, on the oil companies part. You can sugar coat it however you like.
Dave GILL,
Dave's Garage & Memorabilia, Inc.
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It's simply greed, on the oil companies part. You can sugar coat it however you like. Dont think it is ALL greed--is there anyone out there that owns Oil Co. stock?? I do and glad of it!
Frank Jordan
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Joined: Sep 2012
Posts: 407
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Minimum wage went up a dollar or so in the last 20 years gas went up 2$ when i was in highschool i could drop 20 in the tank and drive all weekend no i cant even go to town and back.
Hunt long and hard the good stuff still out there.
Jonathan lowry.
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Been a Ford man my whole life so I have to say the first year for the Model T was 1908. It might work out to be the same but the difference is that in 1911 and before, only people of a certain ammount of wealth were able to afford a vehicle until model Ts came along. Motor vehicles were very expensive and so the fuel that made them go was priced as such for a luxury item.
Enter Model T's and it became more affordable for every man to buy a car and then gas was deemed a ok expense even tho it was still priced as a luxury item, much like it is today still.
The problem is that it has become a neccesity for most now compared to back then when most people never even would leave their county during their lifetimes. Now it is common for people to commute 40 miles each way, each day for their jobs, something not possible back then.
... it is good info to see tho, thanx for posting it.
The "lipstic on a cow" comment on there cracked me up.
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Petro Enthusiast
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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.
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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.
*Wanted Pierce Pennant Petroleum*
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It's still cheaper to buy Gas at the convenient/fueling Stations than Bottle water [@ $1 a pt, that's $8 a gal for bottle water, more for Beer] vs $5.169 in L.A. a gal for Gasoline.
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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
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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.
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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 !
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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 .
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This place was out of business, I guess they could not keep up with the price changes.
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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
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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!!!
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Price will continue to increase as long as the demand is there. I don't see the demand going away..
RANDY
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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
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