Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘gasoline’

Energy Information Administration data shows HOW BIG OIL is ABUSING CONSUMERS.

Posted by Warm Southern Breeze on Tuesday, June 28, 2022

The
EXCLUSIVE REASON
WHY GAS PRICES ARE HIGH
is because
OIL COMPANIES HAVE CLOSED REFINERIES
&
REDUCED REFINERY INPUTS.

The U.S. Energy Information Administration’s website (https://www.eia.gov/) has a page dedicated to “Refinery Utilization and Capacity” (https://www.eia.gov/dnav/pet/pet_pnp_unc_dcu_nus_a.htm) which shows that, NOT ONLY have BIG OIL companies CLOSED REFINERIES, they have also DECREASED OIL PRODUCTION (Gross Inputs to Refineries) — BOTH which have contributed EXCLUSIVELY to hyper-inflated gas prices, and bank-busting profits for BIG OIL & their stockholders.

In other words, they’ve also “capped oil wells.”

One way to INCREASE PROFITS is to PRICE GOUGE, another is to MANIPULATE THE MARKET.

BIG OIL companies are doing BOTH.

Refineries — which are owned by oil companies — have been CLOSED BY THE OIL COMPANIES, despite making bank-busting RECORD PROFITS. Read the rest of this entry »

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Gas prices got you feeling pinched?

Posted by Warm Southern Breeze on Friday, March 18, 2022

Here’s everything that Congress has done about the matter.


 

 

 

 

 

 

 

 

 


Yeah.

Bupkis.

Nada.

Isn’t that what Congress specializes in doing — NOTHING!?

But, in all fairness… Congress (the House) did pass legislation about hair styles.

That’s NOT a joke.

Or, is it?

H.R.2116 – CROWN Act of 2021 — “An act To prohibit discrimination based on an individual’s texture or style of hair.” — was referred to the Committees for Judiciary; Education and Labor; Budget. In a roll call vote held on 03/18/2022, the act was Passed/agreed to in House: On passage Passed by the Yeas and Nays: 235 – 189 (Roll no. 82).

And to compound problems, the Mass Media hasn’t done a good of their job of reporting on what exactly HAS been done… as in what bills have been written, and sent to committee. And there have been some, with full information — including the text of the bills — about which are linked herein to the Congress.gov website.

Of course, Republicans have little of any substance to offer except for “tax cuts,” which is their standard tune, and their answer to all of life’s problems.

Yeah.

But, do you ever get the feeling that you’re being manipulated by the Mass Media?

That’s because YOU ARE.

Is there anything else it could be called when full information and details of bills that could help We The People are purposely omitted from being reported upon?


In an article headlined “Gas prices are near record highs. A fuel tax holiday could give consumers some relief.” NPR reported today (Friday, 18 March 2022) that “the Georgia House last week approved a bill to suspend the state’s 28.7 cents a gallon motor fuel tax through the end of May.”

Given that the Energy Information Administration shows that taxes account for only about 15% of the price of gasoline and diesel fuel, a so-called “tax holiday” would hardly provide any substantial relief, if any at all.

Jeff Davis, a Senior Fellow with the Eno Center for Transportation — a Washington, D.C.-based non-partisan think tank founded in 1921 by traffic safety pioneer William Eno that examines transportation issues across modes and levels of the federal-state-local government chain — is also the Editor of the Eno Transportation Weekly, and said that cutting the federal gas tax really won’t save drivers much money.

“Well, you know, we’re paying Read the rest of this entry »

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Why Is Alabama Gasoline So Expensive?

Posted by Warm Southern Breeze on Monday, February 2, 2015

In a word, because of the state legislature.

Here’s an explanation.

In Alabama, an anti-competitive law prevents motorists from enjoying low gas prices.

In Alabama, an anti-competitive law prevents motorists from enjoying low gas prices. This is the price per gallon of a gallon of regular gas purchased at a Kroger Fuel Center in Texas, after using Kroger Fuel Discounts.

In Alabama, a law called the “Motor Fuel Marketing Act” (Code of Alabama §8-22) prevents retailers from selling gasoline (or any other motor fuel, such as diesel) for less than what it costs them to purchase it.

Specifically, the law reads in part, that:

Section 8-22-6

Certain below cost fuel sales prohibited.

It shall be unlawful for any person engaged in commerce in this state to sell or offer to sell motor fuel below cost or to sell or offer to sell it at a price lower than the seller charges other persons…”

In other words, it’s illegal to do that.

The marketing technique of retailing something for less than it costs to purchase it wholesale is called “low-price, or loss leader” and Read the rest of this entry »

Posted in - Business... None of yours, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , | 2 Comments »

No More Alcohol in Gasoline?

Posted by Warm Southern Breeze on Monday, March 17, 2014

Recently, I received an email message from a friend, one who is highly intelligent, and who has a phenomenal diversity of life experiences. The item had a video to a Faux News video segment, which is included in this post, at the conclusion.

My response to the half-truthed item follows.

Here’s hoping you and others find it informative, and helpful.

While I have neither been the type to proclaim THE SKY IS FALLING! THE SKY IS FALLING! nor believe there is conspiracy against me, nor the paranoid type that imagines “the government” is out to get me (and therefore neither view nor read Fox News), I do think there is some credence to the item. (Of course, a “Snopes check” shows a mix of half-truths. But, if it ain’t all true, it ain’t true – kinda’ like the gas, you know.) More details on that follow.

In a story published published Saturday, February 1st, 2014, the Chattanooga Times-Free Press wrote how some motorists in that area are preferring 100% pure gasoline over the 10% Ethanol blend. (I happened to read that story at the time it was published.)
http://www.timesfreepress.com/news/2014/feb/01/some-motorists-want-their-gasoline-corn-free/

While residing there, I also noticed the same, and noticed that the price for 100% pure gasoline is higher than for the 10% ethanol blend. One day, while pumping the 100% gasoline at a Chattanooga gas station, I happened to speak with a gent at the adjacent pump about the difference. He shared an observation with me which I thought quite interesting, and one which certainly seemed reasonable.

He said that in an “accidental” experiment, he purchased some 10% ethanol blended gasoline for use in his lawn mower. He then poured some of the 10% ethanol blended gas into a glass jar, and let it set out at least overnight (or a bit longer). He observed that it had become cloudy from the accumulation of humidity.

While I’ve never tried such an experiment, I do note that many years ago, on occasion, I would run my little carbureted Toyota’s gas tank empty, and would then fill it up with 1 gallon each of Methanol, 100LL, Toluene, Xylene and Methyl Ethyl Ketone. I did so for at least two reasons: 1.) to get any water in the fuel tank & system out, and; 2.) to “clean out” any deposits that may have formed in the fuel system.

Of course, Gasoline and Water are different for several reasons, not the least of which is that Read the rest of this entry »

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Oil prices crashed and Chevron still made nearly $24 a barrel

Posted by Warm Southern Breeze on Saturday, July 28, 2012

Must be something to what those kooky Occupy Wall Street type folks, and the evil Democrats are saying.

Oil prices crashed and Chevron still made nearly $24 a barrel

By Ronald D. White; July 27, 2012, 1:32 p.m.

Take just about any business situation in which the value of a company’s primary product suddenly falls by more than 29% and it could be time to panic. Then there is the oil patch, where billions of dollars in profits are possible even after that kind of collapse in crude prices. Chevron Corp. of San Ramon, Calif., is just such an example.

Even with the sharp drop in oil prices that began in the first quarter and ran through the end of the second quarter — a decline from $109.41 a barrel to $77.69 a barrel — Chevron had a positive margin of $23.53 on every barrel of crude it produced, according to analysts. Chevron said its margin was actually $26 a barrel. Read the rest of this entry »

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Gas Prices drop: Saudi Oil output at 30 year high

Posted by Warm Southern Breeze on Wednesday, December 7, 2011

Have you noticed?

The price you pay for gasoline has dropped.

Why?

It’s quite simple really.

Oil output from Saudi Arabia is at a 30 year high.

Yeah.

It’s exactly like Gil Scott-Heron said on his song 1981 song “B-Movie”:

What has happened is that in the last 20 years, America has changed from a producer to a consumer.  And all consumers know that when the producer names the tune, the consumer has got to dance.  That’s the way it is.  We used to be a producer – very inflexible at that – and now we are consumers and, finding it difficult to understand.  Natural resources and minerals will change your world. The Arabs used to be in the 3rd World.  They have bought the 2nd World and put a firm down payment on the 1st one.  Controlling your resources will control your world.  This country has been surprised by the way the world looks now.” 

Saudi Arabia Crude Production Rises to Highest in Three Decades

Dec. 6 (Bloomberg) — Saudi Arabia, the world’s biggest crude exporter, boosted output last month to the most in more than three decades to meet customer demand.

“We produced 10 million and 40 barrels in November because Read the rest of this entry »

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