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  #1  
Old 09-15-2008, 08:48 AM
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Where'd it go?!

Murfreesboro Tennessee is out of gas. Don't see why we can't bring any in. Only a few oil rigs went down because of the hurricane (I'm sorry for anyone that lives in Texas). Not like Texas is the only state that produces oil. Can anyone explain it?
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Old 09-15-2008, 08:55 AM
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But the Houston area has the largest single concentration of oil refineries in the US.

So, when Ike came along, the oil speculators went nutso. Fucked it up for the rest of us.
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Old 09-15-2008, 10:27 AM
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It's not the rigs that is the problem..

it's the refineries.. where they turn the oil to gas.. which a LARGE part of them are in Texas.

http://www.eia.doe.gov/neic/rankings/refineries.htm
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Old 09-15-2008, 10:57 AM
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It's all so damn ridiculous though. I was speaking with Shadozfire last night and she was saying that one of the stations in the area she evacuated to had a tanker come in yesterday and the gas price had gone up about $1.30 from the time the tanker got to the station to the time all of the fuel had been sold a few hours later. I guess the fuel that didn't sell right away must've been worth more because it had aged a couple of hours.
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Old 09-15-2008, 11:15 AM
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It happens both ways though.. the price can go down regardless of when a truck comes in. They adjust the selling price based on the price they expect to have to pay to replace it (sorta.. complex formula ).

The prices going up with the pump had a lot of do with the media and people having a the skys falling attitude.. if everyone across the country didn't rush to go get gas immediately prior to Ike would the price have gone up as much? I think it was more of a perceived shortage than anything based on fact. With the refineries tempoarily shut down yeah some areas may have ended up with shortages.. but not everywhere.
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Old 09-15-2008, 12:29 PM
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Costie,

You are probably correct. Had there been a real gasoline shortage, it would have made national news. Unless, of course, the syndicated news networks were part of the presumed conspiracy, etc. Until people think before jumping to conclusions, unfortunate situations like this will be repeated.
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Old 09-15-2008, 12:33 PM
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Even if Texas has the largest concentration of oil refineries, that still doesn't answer the question of why can't get some from other states have a few? We're supposed to be a country. United we stand, divided we fall. I'm sure there are a few search and rescue teams and supplies down in Texas that came from Tennessee as well as other states. Why can't other states give us a hand and send some fuel? Then again, that decision is left up to the politicians. Besides, most of the fuel we buy from gas stations doesn't even come from our refineries. It comes from over seas. Where we happen to be at war.
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Old 09-16-2008, 10:03 AM
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Exclamation

Quote:
Originally Posted by Coastie
It happens both ways though.. the price can go down regardless of when a truck comes in. They adjust the selling price based on the price they expect to have to pay to replace it (sorta.. complex formula ).

The prices going up with the pump had a lot of do with the media and people having a the skys falling attitude.. if everyone across the country didn't rush to go get gas immediately prior to Ike would the price have gone up as much? I think it was more of a perceived shortage than anything based on fact. With the refineries tempoarily shut down yeah some areas may have ended up with shortages.. but not everywhere.

I live next door to an oil delivery company named "Just Oil".My nei ghbor runs
the business.He told me that the price is based on his replacement price!
They have a billboard,in front,with the daily price.You wouldn't believe how
much it fluctuates,day to day!Every day they refill thier trucks at the Portsmouth NH oil terminal.The price is detirmned(sp?) there.When I ran my motorcycle repair shops,the parts prices were detirmined by my suppliers
price.They were fairly stable. Irish
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Old 09-15-2008, 10:55 AM
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Quote:
Originally Posted by Lord Snow
Murfreesboro Tennessee is out of gas. Don't see why we can't bring any in. Only a few oil rigs went down because of the hurricane (I'm sorry for anyone that lives in Texas). Not like Texas is the only state that produces oil. Can anyone explain it?

Lord Snow,

Good Question - and a real problem!
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Old 09-17-2008, 12:07 PM
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Quote:
Originally Posted by Lord Snow
Where'd it go?!


i am reminded of the answer my brother in law always gave when someone asked where is....

























if it was up your ass you'd know it.
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