Why Are Gasoline & Home Heating Fuels So Expensive?

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: SAU On: Tue Nov 18, 2008 7:20 pm

Look at the following chart. The USDX measures the value of the US dollar against a basket of other currencies. If you look back to the turn of the century the USDX was up around 120. That was of course when oil was relatively cheap. Then among other things the republicans took over backed off on taxes and inflated the currency through incredibly un-conservative, stupid spending and by starting an expensive war that was drummed up by all of the complicit media. You see, the government spends money into being, or to put it another way, the US dollar represents US debt. The Asian economies hold the call on much of those debts as US Treasuries. Anyway, in the chart, you can see that through the summer months of 08 the government was injecting trillions of dollars into the economy, creating inflation, driving commodity prices through the roof. Now dollars are getting sucked out of the system because so many debts are going bad. If a house was bought in CA for $300,000,000 and it then sells after foreclosure for $150,000 that means $150,000 evaporated from the economy. Evaporating money is deflation which causes prices to drop because there are fewer dollars in the system looking for goods. What you are really watching is the Federal Reserve trying to compensate for all of the ill advised spending done by Bush and the idiots in CONgress, Coupled with policies that allowed the banks to drop their fractional reserves, multiplied by both parties mandating a house for everyone. And Klinton is complicit in this mess too. He allowed for new accounting rules which rigged inflation numbers to look as though they were low even though they were going through the roof. A recession is

A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters.

If Klintons new accounting rules were rescinded I fully believe that the recession started this time last year. But with the books being cooked who really knows? If I am right, then we are well on our way to a depression which is defined by two years of negative GDP. I couldn't find a wholesale gasoline price chart but if you put gas and the USDX into the same chart you would see that they move the opposite of each other.

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SAU
 
Stove/Furnace Make: Vermont Castings/Nordic Stove
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Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: SAU On: Tue Nov 18, 2008 8:21 pm

I should add that along with the gas/dollar coupling, as other posters have pointed, out supply and demand is in the mix too. With world economies slowing down crude is going lower. You have got to remember that crude isn't just fuel. It is feedstock for plastics medicines etc.
SAU
 
Stove/Furnace Make: Vermont Castings/Nordic Stove
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Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: coalkirk On: Wed Dec 24, 2008 10:11 am

Devil505 wrote:
coalkirk wrote:OK Dick, you're on. Define right after the election. Prices will eventually go up as they always flucuate. I'll wager my prize lump of Superior stove coal that's sittng on the shelf over my desk. (See John, you arn't the only one who decorates with coal). What are you betting? 8-)


I'll say that gasoline prices will start to rise again by mid to late November & will continue to rise until we are at or above the $4.00 per gallon mark again, probably as early as X-mass but certainly by mid January.

As far as what I'm betting....I don't have a huge "Family Heirloom" like the lump of coal you have but I can offer you a nice 40 lb polyethylene bag of Blaschak nut coal? :cheers: :devil:


Gas price here yesterday at Costco, $1.50 per gallon. Devil, shall I PM you my home address for that bag of Blaschak? Just send it parcel post, no need to Fedex.
:D :) ;) 8-) :lol:

My heirloom chunk of Superior coal is safe for another year.
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coalkirk
 
Stoker Coal Boiler: Harman VF3000
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Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Devil505 On: Wed Dec 24, 2008 10:21 am

coalkirk wrote:Gas price here yesterday at Costco, $1.50 per gallon. Devil, shall I PM you my home address for that bag of Blaschak? Just send it parcel post, no need to Fedex.
:D :) ;) 8-) :lol:



I still have a full day left Terry!!! (I heard it is cloudy in the Carribean today & that gas prices will be $4.50 by tomorrow!! ;)
Devil505
 
Stove/Furnace Make: Harman
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Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Poconoeagle On: Wed Dec 24, 2008 10:29 am

Dont ship the 40# bag by DHL didnt they close down because of high fuel prices..... ??
Poconoeagle
 
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Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: coalmeister On: Fri Dec 26, 2008 7:14 pm

Devil505 wrote:
coalmeister wrote:You've told us this over and over, put your money where your mouth is. A 40# bag does not show commensurate confidence for all the Republican conspiracy blathering crap we have to put up with from you. Put up or shut up as they say. Are we on? :box: :box:


I already accepted your bet (can't find which thread it was on) but I said "around" $4.00 per gallon by X-mass & that I couldn't live with myself if I took 1 ton of coal from you in mid-winter! ;)
Lets keep the bet to a "friendly" bag of coal.

My obvious point is that as soon as the election is over on Tuesday, we all know that those 'Legitimate Market Forces" will cause gasoline prices to start their inexorable climb back up the ladder.


(PS...If you need fuel assistance that badly this winter, I understand former Massachusetts Congressman Joe kennedy offers a free service to those in need!....I think the tel # is 1-800-CALL JOE :P )



Edit: I'll make sure to re-open this thread X-mass week & we can check gas prices then.


Hey dev,

Christmas came and went and I never got my bag of coal, sniff, sniff . Lets see, gas around here is a buck seventy five, I think your GW conspiracy has now been proven to be suspect.

In lieu of a bag of coal, repeat after me: George Bush did not control oil, George Bush did not control oil, George Bush did not control oil......
coalmeister
 
Stove/Furnace Make: Alaska 140 Furnace -sold
Stove/Furnace Model: Harmon VF3000 -sold

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: TimV On: Fri Dec 26, 2008 7:47 pm

If you folks think coal and fuel oil and gasoline are expensive now you just wait till January 20/2009.
When Mr Obama gets his new desk his first proclamation will likely be a huge increase in gasoline tax.I bet its $2 a gallon. Then coal will get a nice huge tax right along with it.
"Its all for our own good" Nothing like forced conservation from the nut job gang!! :mad:
:flush: your as* goodbye bop2 Who voted for them now? :oops2:
TimV
 
Hand Fed Coal Stove: Older Ashley Cabinet ( pre US Stove gobble up)
Hand Fed Coal Furnace: Energy King 480 EK
Coal Size/Type: Warm weather smaller coal. Cold weather larger coal.
Other Heating: Oil Furnace Backup when repairs are needed
Stove/Furnace Make: Energy King Furnace
Stove/Furnace Model: 480 EK

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: coalmeister On: Sun Dec 28, 2008 2:04 pm

coalmeister wrote:
Devil505 wrote:
coalmeister wrote:You've told us this over and over, put your money where your mouth is. A 40# bag does not show commensurate confidence for all the Republican conspiracy blathering crap we have to put up with from you. Put up or shut up as they say. Are we on? :box: :box:


I already accepted your bet (can't find which thread it was on) but I said "around" $4.00 per gallon by X-mass & that I couldn't live with myself if I took 1 ton of coal from you in mid-winter! ;)
Lets keep the bet to a "friendly" bag of coal.

My obvious point is that as soon as the election is over on Tuesday, we all know that those 'Legitimate Market Forces" will cause gasoline prices to start their inexorable climb back up the ladder.


(PS...If you need fuel assistance that badly this winter, I understand former Massachusetts Congressman Joe kennedy offers a free service to those in need!....I think the tel # is 1-800-CALL JOE :P )



Edit: I'll make sure to re-open this thread X-mass week & we can check gas prices then.


Hey dev,

Christmas came and went and I never got my bag of coal, sniff, sniff . Lets see, gas around here is a buck seventy five, I think your GW conspiracy has now been proven to be suspect.

In lieu of a bag of coal, repeat after me: George Bush did not control oil, George Bush did not control oil, George Bush did not control oil......



Another day slides by without my coal delivery from devil, maybe tomorrow...
coalmeister
 
Stove/Furnace Make: Alaska 140 Furnace -sold
Stove/Furnace Model: Harmon VF3000 -sold

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Freddy On: Sun Dec 28, 2008 2:38 pm

coalmeister wrote:I said "around" $4.00 per gallon by X-mass


Well.... gas is not $200 a gallon.... isn't $1.50 around $4? ;)
Freddy
 
Stoker Coal Boiler: Axeman Anderson 130 (pea)
Hot Air Coal Stoker Stove: Reading piece o' junk in the barn (rice)
Coal Size/Type: Pea size, Superior, deep mined

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: efo141 On: Mon Dec 29, 2008 2:27 am

TimV wrote:If you folks think coal and fuel oil and gasoline are expensive now you just wait till January 20/2009.
When Mr Obama gets his new desk his first proclamation will likely be a huge increase in gasoline tax.I bet its $2 a gallon. Then coal will get a nice huge tax right along with it.
"Its all for our own good" Nothing like forced conservation from the nut job gang!! :mad:
:flush: your as* goodbye bop2 Who voted for them now? :oops2:
Wow i better start stocking up now.
efo141
 
Stove/Furnace Make: New Yorker/Keystoker
Stove/Furnace Model: WC90-----/Kaa-2

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Freddy On: Mon Dec 29, 2008 6:25 am

You mean I should buy more coal?
Freddy
 
Stoker Coal Boiler: Axeman Anderson 130 (pea)
Hot Air Coal Stoker Stove: Reading piece o' junk in the barn (rice)
Coal Size/Type: Pea size, Superior, deep mined

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: coalmeister On: Fri Jan 02, 2009 5:54 pm

coalmeister wrote:"You've told us this over and over, put your money where your mouth is."
Devil wrote "I already accepted your bet (can't find which thread it was on) but I said "around" $4.00 per gallon by X-mass"

Another long, cold week of winter slides by as I patiently wait for my coal from devil...
coalmeister
 
Stove/Furnace Make: Alaska 140 Furnace -sold
Stove/Furnace Model: Harmon VF3000 -sold

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Devil505 On: Fri Jan 02, 2009 6:01 pm

coalmeister wrote:Another long, cold week of winter slides by as I patiently wait for my coal from devil...


The reason why gasoline prices have not gone back up is the oil company CEO's are now scared to death about doing prison time .........once the new sheriff (Obama) gets to Dodge City. (They pushed so hard they broke the entire economy with their greed the first time!.....Once people fueled their cars, bought heating oil & paid high food prices due to high deisel prices, they had no money left to buy cars,homes, pay their mortgages or even buy X-mass presents ......There is no more money for them to steal from us!! :mad: )

A bet's a bet though, so just PM me your address & I'll send your coal.
Last edited by Devil505 on Fri Jan 02, 2009 6:41 pm, edited 2 times in total.
Devil505
 
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Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Rick 386 On: Fri Jan 02, 2009 6:39 pm

Pictures, pictures........We love pictures !!!!!!! Isn't that what we always say ?????

Perhaps a shot of Devil handing a bag of coal to the UPS guy with the shipping label attached. :funny:



Rick
Rick 386
 
Stoker Coal Boiler: AA 260 heating both sides of twin farmhouse
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Other Heating: Gas fired infared at work

Re: Why Are Gasoline & Home Heating Fuels So Expensive?

PostBy: Devil505 On: Fri Jan 02, 2009 6:44 pm

Rick 386 wrote:Perhaps a shot of Devil handing a bag of coal to the UPS guy with the shipping label attached. :funny:


Better do it quick though......I heard UPS is contemplating bankruptcy too....Like DHL! ;)
Last edited by Devil505 on Fri Jan 02, 2009 6:47 pm, edited 1 time in total.
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