Pipeline shutdown...

[valerie]

I've been reading that our prices around here are going

to go up in the next few days as much as TWENTY CENTS

a gallon... I hope it won't hit the rest

of you as hard, since we get the most of the Alaska

oil here in the West, but you never know who's going to

try to take advantage!



http://www.chron.com/disp/story.mpl/ap/ ... 02204.html



:-5

[woppy71]

valerie wrote: I've been reading that our prices around here are going

to go up in the next few days as much as TWENTY CENTS

a gallon... I hope it won't hit the rest

of you as hard, since we get the most of the Alaska

oil here in the West, but you never know who's going to

try to take advantage!



http://www.chron.com/disp/story.mpl/ap/ ... 02204.html



:-5
Hmmmm... I know that there was uproar over hear when the price of petrol reached £1.00 a litre ($1.70 or so?):-2

[CheshireCat]

I was just reading about this yesterday. I'm just going to bike to work, thankfully I live less than a mile away. Winter will be rough though.

[chonsigirl]

*sigh*

We have to drive in different directions, but luckily my son is only 2 miles away. I only have to fill the truck up once a month. But it's a whopping $40 to do so.

[CheshireCat]

chonsigirl wrote: *sigh*



We have to drive in different directions, but luckily my son is only 2 miles away. I only have to fill the truck up once a month. But it's a whopping $40 to do so.


Same here! I drive a Toyota too. I hate to think what these people with SUVs are paying.

[chonsigirl]

Not me! Less cost efficient car travels the least! I saved a bundle being home for the summer............................:-6

[Bill Sikes]

valerie wrote: I've been reading that our prices around here are going

to go up in the next few days as much as TWENTY CENTS

a gallon...


Uncle Sam has a large reserve of oil in case of trouble (ISTR about 700 million

barrels) and will release some of it to cover any shortfall.

[Bryn Mawr]

Bill Sikes wrote: Uncle Sam has a large reserve of oil in case of trouble (ISTR about 700 million

barrels) and will release some of it to cover any shortfall.


Has it built back to normal after the hurricane?

[Bill Sikes]

woppy71 wrote: Hmmmm... I know that there was uproar over hear when the price of petrol reached £1.00 a litre ($1.70 or so?)


WAS?? *WAS* UPROAR?? WHADDERYOUMEANWAS?? (slides down wall

gnashing teeth and foaming at the mouth).

[Bill Sikes]

CheshireCat wrote: I was just reading about this yesterday. I'm just going to bike to work, thankfully I live less than a mile away. Winter will be rough though.


That's only about 10 minutes walk!

[Bill Sikes]

Bryn Mawr wrote: Has it built back to normal after the hurricane?


Dunno. I shouldn't think that event used more than a tiny proportion of

the reserve, though.

I re-open this to include:

2005 - Hurricane Katrina - 11 million barrels sold, 9.8 million barrels lent to

various companies.

So, not a great proportion.

[Bryn Mawr]

Bill Sikes wrote: Dunno. I shouldn't think that event used more than a tiny proportion of

the reserve, though.

I re-open this to include:

2005 - Hurricane Katrina - 11 million barrels sold, 9.8 million barrels lent to

various companies.

So, not a great proportion.


I'm surprised - I had the impression that they'd used more.

Thanks for the update.

[Hugh Janus]

chonsigirl wrote: *sigh*



We have to drive in different directions, but luckily my son is only 2 miles away. I only have to fill the truck up once a month. But it's a whopping $40 to do so.


Live mid-market rates as of: August 08, 2006 - 10:05:37 PM EST

40 USD

United States Dollar

1 USD = 0.5267 GBP =



21.0676 GBP

Great Britain Pound

1 GBP = 1.8986 USD



OOOh. How you would hate to live over here. £20 is regarded as a normal running cost. To fill my Frontera takes about £55.00. You will learn... Fuel comes with a high premium. The UK does not have the oil reserves that the US has. But when you are made aware of the fact that it is running out. Then you may also be aware that you have lived a cushioned existence.

Pay up or walk...

[woppy71]

Hugh Janus wrote: Live mid-market rates as of: August 08, 2006 - 10:05:37 PM EST

40 USD

United States Dollar

1 USD = 0.5267 GBP =



21.0676 GBP

Great Britain Pound

1 GBP = 1.8986 USD



OOOh. How you would hate to live over here. £20 is regarded as a normal running cost. To fill my Frontera takes about £55.00. You will learn... Fuel comes with a high premium. The UK does not have the oil reserves that the US has. But when you are made aware of the fact that it is running out. Then you may also be aware that you have lived a cushioned existence.

Pay up or walk...


Seconded!!:)

[Adam Zapple]

The U.S. has an adequate supply of oil so that the interruption shouldn't affect prices too much. However, since the price of oil is based on speculation I expect the prices at the pump to start rising, though the price per barrel for crude did drop a lttle today as fears of a shortage were eased a bit.

Interestingly, one of the main arguments used by opponents of drilling in the ANWR is that the 600,000 to 1.9 million barrels a day expected to be recovered from ANWR is a drop in the bucket that won't help ease supply or prices. Yet, the loss of 400,000 barrels per day is being described as a major loss. Which is it?

[cars]

CheshireCat wrote: Same here! I drive a Toyota too. I hate to think what these people with SUVs are paying.








An Arm & a Leg, & the way it's going, soon a "First Born"! :wah:

[CheshireCat]

Bill Sikes wrote: That's only about 10 minutes walk!


Yes, that's my point. I am very fortunate that way. Walking, biking, same, same. I wouldn't have to use gas to get here. Driving is such a luxury, especially in this heat. I live in the South East US, it's VERRY hot and HUMID!! A ten minute walk in this heat could give me a sroke! But Iam a spoiled Belle of a woman, it would have to get over $5 a gallon for me to walk anywhere! :p