how long before fuel prices drop?

Discussion in 'Computer Support' started by richard, Oct 11, 2008.

  1. richard

    richard Guest

    Now that crude oil has dropped way down to more managable levels,
    under $80 today, when will the price at the pump change? Never?
    5 years ago the crude oil price was around $80 and pump price was $2
    or less.

    It seems to me that once pump price gets to a point, it's damn hard
    for the people to actually lower the prices.
    Here in Vegas, prices have remained steady for a month even though
    crude oil prices have dropped big time.
    We should be back at before 08 prices at the minimum.

    Support Barack Obama, he'll see to it the prices double in a year!
    Support John McCain, he'll see it to the prices double in six months!
    Oh well.
     
    richard, Oct 11, 2008
    #1
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  2. richard

    Bert Hyman Guest

    In richard
    Gas is under $3/gallon here, although not by much.

    Since the price to the dealer is so volatile, they're necessarily
    reluctant to lower prices if they think they'll have to raise them again
    right away.
     
    Bert Hyman, Oct 11, 2008
    #2
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  3. richard

    Aardvark Guest


    Petrol is more than £5 per Imperial gallon here. And YOU think that
    YOU'RE hard done by?

    Yeah, that's what THEY say :)
     
    Aardvark, Oct 11, 2008
    #3
  4. richard

    Aardvark Guest


    No idea. In this country we're not allowed to remove the taxes. The
    government does that for us.:)
     
    Aardvark, Oct 11, 2008
    #4
  5. richard

    Me Guest


    Its not been steady for a month,it keeps falling,over the past 2 or 3 months
    its dropped about 90c/gal,and I'm in Vegas too. My local Chevron has reg at
    $3.35,whereas a few months ago,it peaked at $4.30. I dont know if it will
    drop much more,but its definitely dropping still. I agree though that its
    not dropping enough !
     
    Me, Oct 11, 2008
    #5
  6. richard

    Aardvark Guest


    2007 fuel duty (as of 1 October 2007) in the United Kingdom is:

    * 50.35 pence per litre for ultra-low sulphur unleaded petrol/diesel
    * 53.65 pence per litre for conventional unleaded petrol
    * 56.94 pence per litre for conventional diesel
    * 30.35 pence per litre for bio-diesel and bio ethanol - low tax to
    encourage consumer conversion
    * 16.49 pence per kg for gas other than natural gas (LPG)
    * 13.70 pence per kg for natural gas used as road fuel.
    * 9.69 pence per litre for rebated gas oil (red diesel)
    * 9.29 pence per litre for rebated fuel oil


    <http://www.petrolprices.com/fuel-tax.html>

    conversion is 1 Imperial Gallon = 4.54 litres
     
    Aardvark, Oct 11, 2008
    #6
  7. richard

    chuckcar Guest

    It may be irrelevant anyways. Some countries - like Saudi Arabia and
    Venezuela for example -actually subsidize the price of gas. So the "tax"
    can make the price go either way. And even when there is taxes, some may
    go back to the oil companies anyways. I have my doubts that isn't
    happening in the US.
     
    chuckcar, Oct 11, 2008
    #7
  8. richard

    Whiskers Guest

    Imp gallon 4.54609 litres, US gallon 3.785412 litres (being pedantic).
     
    Whiskers, Oct 11, 2008
    #8
  9. richard

    Aardvark Guest


    Okay.

    Nitpicker :)
     
    Aardvark, Oct 11, 2008
    #9
  10. richard

    Whiskers Guest

    No, I'm a pedant. That's equal to 17 quibblers or 21 nitpickers or
    thirteen forty-thirds of a pettyfogger. Possibly.
     
    Whiskers, Oct 11, 2008
    #10
  11. richard

    M.L. Guest

    How much is that after you remove the taxes?

    Don't England's gas taxes help pay for social benefits like health care? If
    so, that would need to be taken into account in comparison to taxes in other
    countries that don't have that benefit.
     
    M.L., Oct 11, 2008
    #11
  12. richard

    chuckcar Guest

    I grew up when My country was converting to metric - tail end of grade
    school. I *almost* learned how many rods in a furlong and how many square
    of each in an acre, and may quite possibly have learned what the hell they
    were as well. The only regrets I have in the conversion of tools into
    metric integer units.
     
    chuckcar, Oct 12, 2008
    #12
  13. richard

    M.L. Guest

    How much is that after you remove the taxes?
    You're joking, right?
     
    M.L., Oct 12, 2008
    #13
  14. richard

    Whiskers Guest

    I grew up without metric anything, and had to start coping with the new
    ways after I'd been working for a while. The first thing to go was the
    money, but I still find myself thinking in shillings sometimes [1]. My
    country is currently confused; we get beer and cider in pints but petrol
    and milk are in litres, bridge clearances are in metres but towns are
    still miles apart, and it's perfectly fine to ask for vegetables or cheese
    by the pound but anyone not selling by the kilogram can end up in court.

    [1] The adding machines in our office had to be 'decimalised' - which in
    practice meant that a mechanic came and removed the 'money' button and
    covered the hole with a stick-on label advertising his company. So when
    we needed to double-check some old records, we peeled off the label and
    poked the lever underneath with a pencil to get the old money back :))
     
    Whiskers, Oct 12, 2008
    #14
  15. richard

    Alfred Guest

    Still okay to sell by the pound but the scales must be W&M approved so
    they will be metric. Easy enough to have dual readings apart from the
    expense. All the scare stories you read about metric martyrs gloss
    over the real reason the traders end up in court which is the use of
    unchecked scales. An offence going back hundreds of years
    Or your office couldn't afford/was too mean to buy dual use machines.
     
    Alfred, Oct 12, 2008
    #15
  16. richard

    Alfred Guest

    Taxes are collected in all sorts of ways. Unless ringfenced they can
    be spent on whatever the politicians decides is best for the
    politicians. Maybe that's why the USofA has a 500 billion dollar
    socialist defence industry and the UK has a 100 billion pound
    socialist health service.

    Also why every country's police service has a better than normal
    pension scheme paid for by the taxpayers.
     
    Alfred, Oct 12, 2008
    #16
  17. richard

    HEMI-Powered Guest

    Alfred added these comments in the current discussion du jour
    ....
    For those of us that live in a country that is a republic and an
    economy that is regulated capitalism, it is hard to predict the
    exact nature of what European voters do or don't tell their
    elected officials they want them to do. But, us folks in the
    Colonies do have cable TV and we do have the Internet so it is
    trivial to find out the claimed vs the real things that Euro
    governments actually spend their money on. The difference between
    a labour and a conservative government for a long, long time has
    been about as much as our dems and repubs, damn little. So,
    please don't try to defend intentionally confiscatory taxation
    policies compared on a percentage basis for the same commodities
    as the U.S. unless you're also prepare to achknowledge the
    obvious - Europe's governments are socialist to a greater or
    lesser degree and yes, I have read and understand the Communist
    Manifesto of "each according to his need, from each according to
    his abilities." Thing I can never figure out is why in hell you
    good people continue to elect people who so severely screw you
    over by stealing what you make. In our country, the wealthy get
    by with going off-shore with their money, consider it.

    P.S. you'd better have something more than an assertion to even
    hint that our DoD is socialist. That is nothing short of absurd.
    Your, OTOH, is pretty much non-existant so better hope we stay
    strong, huh?

    Have a nice Sunday.
     
    HEMI-Powered, Oct 12, 2008
    #17
  18. richard

    Aardvark Guest

    I can still do money calculations in £.s.d. If you understand binary and
    hexadecimal it's no great leap to use 20 and 12 based numbering systems.
    Hell, I was barely above toddler status when they did away with farthings
    (quarter of a pre-decimal penny) but could easily extend old money
    calculations to include these.

    On a more recent note I was on site a few weeks ago chatting with a
    couple of mates about measuring systems (I work in construction). One of
    them had heard my other mate giving me measurements to cut some materials
    as various things- 'fifteen inches and 2 mill', 'a long 23 inches', 'a
    short 11 inches' and so on (in the UK, tape measures have inches and
    their fractions along one edge and metres/centimetres/millimetres on the
    other). He was chuckling and said he used to work for a plumber who did
    exactly the same thing.

    Our stock reply was given: if our tape measures had banana-lengths on one
    edge and centipede lengths on the other it wouldn't bother us in the
    least and we would still be able to cut the materials the to the right
    dimensions (almost) every time, as we do now :)
     
    Aardvark, Oct 12, 2008
    #18
  19. richard

    Aardvark Guest

    It's a kind of national or continental altruism, if you will.

    I consider the paying of taxes merely paying rent to live in a free and
    fair society. After taxes I have a liveable income so I see no reason to
    complain.

    A visit to my doctor or a hospital costs me zero and their are various
    financial benefits available to me if I were ever unable to work for any
    length of time (albeit they wouldn't keep me living in the style to which
    I am accustomed).
     
    Aardvark, Oct 12, 2008
    #19
  20. richard

    Whiskers Guest

    They were built as 'dual use' machines - £sd or two-figures decimal,
    selected by a large 'button'. All the mechanic did was set the button to
    decimal and then remove the button. A complete waste of time and money,
    of course - particularly as D-Day didn't make all the £sd records
    magically change over-night, hence the peeling off of the label and use of
    a pencil to get the full function of the machine back. Good solid
    dreadnought mechanical things they were, none of yer new-fangled
    electronical stuff. Some of the women couldn't lift them (or did they
    just prefer to have a strong young man walk in front to do the heavy
    lifting? Hmmm ...).
     
    Whiskers, Oct 12, 2008
    #20
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