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Oil Cost

13 posts
  1. Melvin Waldron
    Melvin Waldron avatar
    43 posts
    8/13/2012 3:08 PM
    Just wondering, anyone care to educate me? Just saw until the recent refinery fire, that oil had slipped down into the high $70's for a barrel of oil....why had gas then been around $3.19 (here in our area anyway) instead of down in the mid $2.00 like it was last time oil was that price? That's as I heard and understood, maybe I didn't hear right?

    I understand not wanting to beat up big oil to much because of our 401's and stuff, (really how much of my IRA's are really invested in petroleum?) but heck if gas cost me this much, how am I suppose to invest anymore of my money into my IRA's? Thank god I have social security......Oh shoot, I'm not 55 yet.

    Mel

    Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO

  2. Jack Stephens
    Jack Stephens avatar
    0 posts
    8/13/2012 5:08 PM
    Ethanol as a fuel additive. The Midwest drought has caused a major failure in the corn crop causing a sharp rise in price. It's not just fuel, check the mark-ups at the grocery store.

    Brad Stephens
    Assistant Superintendent
    King and Bear-World Golf Village



  3. Andy Jorgensen
    Andy Jorgensen avatar
    1 posts
    8/13/2012 6:08 PM
    Jack Stephens said: Ethanol as a fuel additive. The Midwest drought has caused a major failure in the corn crop causing a sharp rise in price. It's not just fuel, check the mark-ups at the grocery store.

    Brad Stephens
    Assistant Superintendent
    King and Bear-World Golf Village



    Got corn here 5/$1.00.



  4. Peter Bowman
    Peter Bowman avatar
    11 posts
    8/13/2012 10:08 PM
    Obama and his oil buddies.



  5. Keith Pegg
    Keith Pegg avatar
    0 posts
    8/14/2012 12:08 AM
    Peter Bowman, CGCS said: Obama and his oil buddies.


    – Overall, Senate Republicans have taken $23.2 million in oil and gas contributions. Democrats received $6.66 million.

    Obama buddies????



  6. Peter Bowman
    Peter Bowman avatar
    11 posts
    8/14/2012 6:08 AM
    My point being, Keith, was that it seems like every time gas went up between four and 12 years ago, it was blamed on Bush and his oil buddies by the left. Maybe that wasn't true, either?



  7. Spotts David A
    Spotts David A avatar
    8/14/2012 3:08 PM
    Peter Bowman, CGCS said: My point being, Keith, was that it seems like every time gas went up between four and 12 years ago, it was blamed on Bush and his oil buddies by the left. Maybe that wasn't true, either?

    No, that was true. He is an oil man :lol:



  8. Keith Pegg
    Keith Pegg avatar
    0 posts
    8/14/2012 4:08 PM
    Peter Bowman, CGCS said: My point being, Keith, was that it seems like every time gas went up between four and 12 years ago, it was blamed on Bush and his oil buddies by the left. Maybe that wasn't true, either?


    Pete,
    Really I remember blaming Bush and that was maybe 50% fair as I learn more I find I know so little. The president has limited powers over much of what goes on. Big business (oil and other) really run the engine from behind a wall of money. President Obama is in my mind out to help the people more than any since Carter. But even a good man is overwhelmed by the dark force of our Congress and the lobbyists behind each and everyone. Until we get the people to vote they will keep us right where they want us, and that is feed and pay taxes, they give us news on Fox and MSNBC to keep us fighting but not enough to get off our hindquarters to vote. We have the highest price medical in the world by a factor of two and are last I looked #17 down for the top nations of the world. We let anyone by our land and we flock to Wal-Mart for cheap Asian goods. Myself I have never been in a Wal-Mart and when I shop on line I first try to by American made.
    Sorry for the rant!
    Keith
    In Japan



  9. Wahlin Scott B
    Wahlin Scott B avatar
    8/14/2012 5:08 PM
    Keith Pegg said:
    Peter Bowman, CGCS said: My point being, Keith, was that it seems like every time gas went up between four and 12 years ago, it was blamed on Bush and his oil buddies by the left. Maybe that wasn't true, either?


    Pete,
    Really I remember blaming Bush and that was maybe 50% fair as I learn more I find I know so little. The president has limited powers over much of what goes on. Big business (oil and other) really run the engine from behind a wall of money. President Obama is in my mind out to help the people more than any since Carter. But even a good man is overwhelmed by the dark force of our Congress and the lobbyists behind each and everyone. Until we get the people to vote they will keep us right where they want us, and that is feed and pay taxes, they give us news on Fox and MSNBC to keep us fighting but not enough to get off our hindquarters to vote. We have the highest price medical in the world by a factor of two and are last I looked #17 down for the top nations of the world. We let anyone by our land and we flock to Wal-Mart for cheap Asian goods. Myself I have never been in a Wal-Mart and when I shop on line I first try to by American made.
    Sorry for the rant!
    Keith
    In Japan


    Good rant. I buy American too. It is getting harder and harder to buy clothes and shoes this way. You can find them though. The price is dear, but the quality is there. As far as news is concerned I add BBC and Al Jazeera English to the mix.



  10. Keith Pegg
    Keith Pegg avatar
    0 posts
    8/14/2012 7:08 PM
    You know it got me going on Buying American Last time we were in Florida I went to epoch center Disneyland. And went to all the counties shops and love shopping from around the world until I came to the American shop I could not find even one item made in America, and I found that sad. So when I shop I try these first and you sometimes I give up and just buy. I will not say that 90% is buy American but I can say it is well above 50% and I live in Japan. So if I can every American can also. Let us bring American back. It may cost a buck or two more but the quality and patriotism is worth it.
    Some places to start:
    "American made products" in Amazon
    http://www.americansworking.com/
    http://www.madeinusa.org/
    http://www.buyamerican.com/alpha.php?ver=new
    http://www.buyamericanmart.com/

    Keith



  11. Wahlin Scott B
    Wahlin Scott B avatar
    8/14/2012 8:08 PM
    Thank you for the links. I will use and share them!



  12. McCallum David K
    McCallum David K avatar
    8/15/2012 7:08 AM
    If you're buying oil for $70 a barrel Mel buy a supertanker load.......today's price is $93.43 but that may be in Baton Rouge only. Lots of reasons for the spike........oil refinery fire in California.......the US Navy crashing into a oil tanker, general middle east unrest after the Arab spring was suppose to make things rosey, Labor Day coming and the last big driving weekend of the summer........you can go on and on.......and of course Bush like the left said.



  13. Melvin Waldron
    Melvin Waldron avatar
    43 posts
    8/15/2012 3:08 PM
    David McCallum said: If you're buying oil for $70 a barrel Mel buy a supertanker load.......today's price is $93.43 but that may be in Baton Rouge only. Lots of reasons for the spike........oil refinery fire in California.......the US Navy crashing into a oil tanker, general middle east unrest after the Arab spring was suppose to make things rosey, Labor Day coming and the last big driving weekend of the summer........you can go on and on.......and of course Bush like the left said.


    I didn't say it was that price the day I originally posted, just had heard in the week or so leading up to all of the above mentioned "reasons", that it was about $78 dollars a barrel and the last time it was that loe we were paying in the mid 2 dollar range. Why wasn't it that cheap leading up to all these "reasons"? I had heard all about those new "reasons" and ran out and filled my tank accordingly.

    Mel

    Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO

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