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You think gas is expensive in the US?

31,436 2,810 March 23, 2012 at 01:59 PM in Finance (2)
Petrol hit a new record high today in the UK of 140 pence per liter. Worked out to gallons and dollars, that's $8.41 per gallon. Faint


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Joined Dec 2003
Be water my friends
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Da_White_Lotus
03-26-2012 at 12:30 AM.
03-26-2012 at 12:30 AM.
Shouldn't be so quick to judge other countries. Most vehicles in that part of the world use diesel and are more fuel efficient, you're really talking apples and oranges. Also, in the UK, cars on the whole are smaller and lighter. Scooters and moto's are also much more popular and get 60+ miles to the gallon (er, liter). The mass transit is better over there as well.
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PiratePenguin
03-26-2012 at 06:22 AM.
03-26-2012 at 06:22 AM.
Quote from stevenq :
Shouldn't be so quick to judge other countries. Most vehicles in that part of the world use diesel and are more fuel efficient, you're really talking apples and oranges. Also, in the UK, cars on the whole are smaller and lighter. Scooters and moto's are also much more popular and get 60+ miles to the gallon (er, liter). The mass transit is better over there as well.
Also everything is much closer together and you dont have to travel as far. I drive 60 miles a day to work, and that is considered average form my area.

I could take the train, but the train station is about 3 miles from my house, I could drive to this train station but then on the other side the station is another 3 miles from my work. No buses on either side to take me to the train.

In the UK taking public transit is not an issue for most. In the US, unless your in a major city it is non existent.
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Joined Dec 2006
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Hawk2007
03-26-2012 at 06:30 AM.
03-26-2012 at 06:30 AM.
Quote from stevenq :
Shouldn't be so quick to judge other countries. Most vehicles in that part of the world use diesel and are more fuel efficient, you're really talking apples and oranges. Also, in the UK, cars on the whole are smaller and lighter. Scooters and moto's are also much more popular and get 60+ miles to the gallon (er, liter). The mass transit is better over there as well.

In America though, you have more freedom to move about the country. Assuming you have a good working car, you can get into it and literally go anywhere in the country (negating Alaska and Hawaii). In England or Europe, it's much more difficult to do that if you only have one family car or have to rely solely on public transportation.

I'm use to TP crowd and libs who nitpick everything so that caveats of the post:
1. Yes, I realize that you can travel by car to many countries in Europe. But, language barriers and different country customs and what not limit you. Also, when you're paying $9 a gallon, you're less likely to travel far from home and just like when we're paying $4 per gallon here in the US.
2. This is not a "freedom" issue in the Ron Paul or libertarian sense. It's just more of a general sense of the word "freedom". Like Credit Cards give me the freedom to buy as much as I want without having to carry around a wallet full of cash that can get lost/stolen. With a car, you have options to go places that public transportation doesn't necessarily give you.
3. America has a good car culture. We have three major auto makers here with many foreigns that build with American workers as well.
4. We have our own oil and the refining capacity to handle our auto use (we actually are a net EXPORTER of gas believe it or not).

A lot of people want us to "be like Europe" in certain senses, but they don't realize what makes us uniquely American probably because they've never actually been to those parts of the world. It's easy to pick and choose the highlights of every country and wonder why America can't be more like that. People want all of the good and ignore all of the bad.
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Joined Jun 2005
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shhaggy
03-26-2012 at 07:08 AM.
03-26-2012 at 07:08 AM.
Based on the world market our prices for gas are relatively low. The only places that really have lower prices are places that also control a lot of the supply.
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Joined Jan 2004
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Iaaaiws
03-26-2012 at 11:23 AM.
03-26-2012 at 11:23 AM.
Quote from Hawk2007 :
In America though, you have more freedom to move about the country. Assuming you have a good working car, you can get into it and literally go anywhere in the country (negating Alaska and Hawaii).
If you have the time there is no reason you can't drive to Alaska. Dontknow
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Joined Jan 2007
Free hugs!
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uniquename
03-26-2012 at 11:41 AM.
03-26-2012 at 11:41 AM.
Quote from Iaaaiws :
If you have the time there is no reason you can't drive to Alaska. Dontknow
I mis-read that and tried to drive to Hawaii Sadwalk
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Joined Jan 2007
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Maleficent
03-26-2012 at 11:52 AM.
03-26-2012 at 11:52 AM.
Quote from uniquename :
I mis-read that and tried to drive to Hawaii Sadwalk
I swear at one point I remember reading in the lounge that someone said we should build a bridge from CA to Hawaii. LMAO

(I'd bet it was slutsky - sounds like something he'd say. laugh out loud)
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Joined Dec 2006
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Hawk2007
03-26-2012 at 11:57 AM.
03-26-2012 at 11:57 AM.
Quote from uniquename :
I mis-read that and tried to drive to Hawaii Sadwalk

If you put your car on a boat you can Smilie

I see HI stickers all the time. They're usually from military folks though. I haven't seen too many Hawaii plates, but I do see the tags they use a lot.
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NYExcuse
03-26-2012 at 12:02 PM.
03-26-2012 at 12:02 PM.
Quote from Hawk2007 :
In America though, you have more freedom to move about the country. Assuming you have a good working car, you can get into it and literally go anywhere in the country (negating Alaska and Hawaii). In England or Europe, it's much more difficult to do that if you only have one family car or have to rely solely on public transportation.

I'm use to TP crowd and libs who nitpick everything so that caveats of the post:
1. Yes, I realize that you can travel by car to many countries in Europe. But, language barriers and different country customs and what not limit you. Also, when you're paying $9 a gallon, you're less likely to travel far from home and just like when we're paying $4 per gallon here in the US.
2. This is not a "freedom" issue in the Ron Paul or libertarian sense. It's just more of a general sense of the word "freedom". Like Credit Cards give me the freedom to buy as much as I want without having to carry around a wallet full of cash that can get lost/stolen. With a car, you have options to go places that public transportation doesn't necessarily give you.
3. America has a good car culture. We have three major auto makers here with many foreigns that build with American workers as well.
4. We have our own oil and the refining capacity to handle our auto use (we actually are a net EXPORTER of gas believe it or not).

A lot of people want us to "be like Europe" in certain senses, but they don't realize what makes us uniquely American probably because they've never actually been to those parts of the world. It's easy to pick and choose the highlights of every country and wonder why America can't be more like that. People want all of the good and ignore all of the bad.
The US used way more fuel than it produced up until this year basically. Most Europeans/English I know are much more well traveled than most Americans know, your statement about them not being able to travel as easily is just ignorant. You seem to suggest that every American has 2 cars. What makes us uniquely American is out selfishness. America has the freedom to drive 1/4 mile to the store instead of walk, that's about it.
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Last edited by NYExcuse March 26, 2012 at 12:06 PM.
Joined Jun 2006
Jambi-rific in Seattle!
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Original Poster
Zoe Moon
03-26-2012 at 01:21 PM.
03-26-2012 at 01:21 PM.
Quote from Hawk2007 :
And sometimes the extraction is so expensive that unless oil is sitting at $80, $90 or more dollars per barrel, it's not economically profitable to extract the oil. I have similar friends that weren't roughnecks but rather the geologists that sit at Chevron and Exxon. A lot of their projects were not going to go live unless oil hit a certain price on the market because they would be net losers.

If it's going to cost $100 million in labor and capital to extract $80 million dollars in oil, only in Obamaville is that an awesome investment.

If everything you say is true, Obama can just wave his magic wand since no President has been more pro-oil than him (or whatever garbage he says about his administration taking credit for Bush era policies) and oil produces would precipitously decline to levels they were when he was inaugurated, right? Or, did America get a crash course on how oil works on the global market since Bush left office and we can't use the convenient excuse that he's just paying off his oil buddies?
I too have friends who are geologists, as well as some friends who are owners of drilling companies, not just roughnecks, that's why I said oil drillers, not roughnecks. So I know quite well what they do and the real reasons for their actions on different fields. Yes, sometimes the cost of extraction is more expensive than the value of the oil but those are not the cases I was talking about. As I clearly stated, I was discussing the times when there would be a profit but not as big a profit as the producer wants to make so they cap the well and wait for prices to increase.
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Hawk2007
03-26-2012 at 02:19 PM.
03-26-2012 at 02:19 PM.
Quote from Zoe Moon :
As I clearly stated, I was discussing the times when there would be a profit but not as big a profit as the producer wants to make so they cap the well and wait for prices to increase.

Just like I'm sure you own investments, you're free to buy and sell as you please. Are they not allowed to extract the oil as they see fit?
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Hawk2007
03-26-2012 at 02:23 PM.
03-26-2012 at 02:23 PM.
Quote from maramos :
The US used way more fuel than it produced up until this year basically. Most Europeans/English I know are much more well traveled than most Americans know, your statement about them not being able to travel as easily is just ignorant. You seem to suggest that every American has 2 cars. What makes us uniquely American is out selfishness. America has the freedom to drive 1/4 mile to the store instead of walk, that's about it.

Like I said, unfortunately there are those who nitpick statements, like you just did, to suit their purpose. I know this all too well from my time in the Podium.

You're hatred for this country and the selfish comment is unfortunate. I'm sorry for you.

Also, I failed to realize that you're last sentence undid your whole statement. We're free to drive 1/4 mile to the liquor store, 1.4 miles to the grocery store, 14 miles to the ballpark and 140 miles to a neighboring city. Now, I'm not saying that you can't do that in Europe. I never said that. Rather, you have the FREEDOM to do it whenever the hell you want, however the hell you want, etc. You're not operating on the subway conductors schedule. You're not operating on the bus drivers schedule. You're not operating on the train schedule.

Like I'm said, I'm sorry that your hatred for this country is so ingrained in your very being that you don't understand my point. Yeah, I'm selfish because I don't want to be like Europe.
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Last edited by Hawk2007 March 26, 2012 at 02:28 PM.
Joined Jan 2004
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Iaaaiws
03-26-2012 at 02:24 PM.
03-26-2012 at 02:24 PM.
Quote from Hawk2007 :
Just like I'm sure you own investments, you're free to buy and sell as you please. Are they not allowed to extract the oil as they see fit?
I think it is supposed to be an example of that ugly corporate greed and the evil concept of profit.
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Joined Jun 2006
Jambi-rific in Seattle!
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Original Poster
Zoe Moon
03-26-2012 at 02:37 PM.
03-26-2012 at 02:37 PM.
Quote from Hawk2007 :
Just like I'm sure you own investments, you're free to buy and sell as you please. Are they not allowed to extract the oil as they see fit?
Quit trying to imply that I'm saying something I'm not. What they're doing is not illegal. I simply said (in the first post you quoted) that they're sitting on oil that is profitable while complaining that the only oil left in the US is in the national parks because they know they can make a bigger profit on some of the oil reserves in the national parks. It's all a PR campaign to try to get to the easier, more profitable oil.
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Joined Jan 2004
Here's to the future
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Iaaaiws
03-26-2012 at 02:59 PM.
03-26-2012 at 02:59 PM.
Quote from Zoe Moon :
Quit trying to imply that I'm saying something I'm not. What they're doing is not illegal. I simply said (in the first post you quoted) that they're sitting on oil that is profitable while complaining that the only oil left in the US is in the national parks because they know they can make a bigger profit on some of the oil reserves in the national parks. It's all a PR campaign to try to get to the easier, more profitable oil.
Imagine the chaos that would result if all companies tried to get the best deal on the costs of the products they sell.
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