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fuel cost


oilguy

Question

Just went over the "C" note boundary on the diesel PU fill today.

Thought some cooperation with local pricing around the state by FM'ers might be in order to save a little change down the road. If my screen name means anything, take my word, it's gonna get quite a bit worse. BTW, today 100LL at the local FBO was 10 cents less than diesel around here.

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yes I dread everytime I HAVE to turn the key lately, double check that I really need to go there and do that... last time at station 36.4 gallons X $3.879 per gallon =$141.20 Boy let me tell you how much fun that was!

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This has become a dire situation. All of the trickle down effects have become a flood, with food costs rising, housing market tanked, stagnant or falling wages, etc... Not good. Wall Street needs to pay more attention to mainstreet, as it won't be long and the markets will tank as a result of all of their greed and speculation!

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As soon as I shed a little more of this winter weight I'll be riding my bicycle into work. I'm up to about 10 miles before I die and as soon as I reach the 20 mile mark it's good by to gas stations, well as least it's not seeing them as often.

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Just topped the truck off today, fourteen gallons and 50 bills. That really hurt. I think I might have to get one of those little scooters so a gallon will last me a week. Hard to pull the boat with it though.

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With the high gas prices, it makes you wonder why almost everyone driving around during rushhour in the cities has only one person per vehicle?

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Why? Because nobody else at my workplace lives by me.My work hours per day, can and do fluctuate from one day to the next, so car pooling with others outside my workplace is very difficult,if not impossible.The Northstar Commuter bus is on my mind,however.I hope they( the politicians) get the funding deal done, so the Northstar Commuter train project gets going.

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unfortunately they think their big public transportation idea will solve all. Not sure how that will help all you guys up north and not in the major metro area. Still don't have a bus or a train or light rail going to st paul everyday from Hastings. They did in the '30s, but not any more.

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Ahhhh.... I am dreading coming home. I can't wait too, but after the first few drives to go fishing I am gonna be hurting.

I left for Iraq in May 04 and fuel was $1.30 GAL. I got home in April 06 and fuel was $2.60 GAL. I leave to come here to Kosovo in July 07 and fuel was $2.90, now I come home in July 08 and fuel is supposed to hit $4. I am hating this....

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Crazy, ain't it? Give it a little time, it should crash. The speculators are making the price rise artificially. I just looked at the price of crude this morning, and it is going for 116 bucks a barrel! Hindsight being 20/20, I should have invested a couple years ago, I would be rich right now, FOR now. A new Black Friday is coming....

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I can't say I disagree with the idea that they think it will solve it all,but at least the options I posted about are nearby,and accessible to me.The Northstar bus stops about a mile away from me,and the train is supposed to stop in Elk River, if they ever get it in place. Those transit options can possibly help me out.The question needs to be asked to the politicians why those same options can't be put in place in other areas of the metro,or just outside the metro.4.00 a gallon for gas is just crazy.I am not looking for the panacea from public transit, just a bit of relief in the wallet.

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The cost of rail line is astronomical, and thus the stalemate. One thing positive for me right now is I am laid up with a broken ankle, so I haven't spent a dime on fuel in a month. With my short term disability check (I am super glad I have it-if you have the option to buy coverage, DO IT.) my bank account is better off than if I was working right now!

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That's funny, but I have a feeling your post won't make it for all too long \:\)

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 Quote:
unfortunately they think their big public transportation idea will solve all. Not sure how that will help all you guys up north and not in the major metro area. Still don't have a bus or a train or light rail going to st paul everyday from Hastings. They did in the '30s, but not any more.

We don't even have bus service up here on the Range \:\(

Car pooling doesn't work so well anymore, at least not when you have fluctuating schedules like mine. There are days I have to go in early and days when I have to stay late and many are without any notice.

I just hate seeing where this is going. You can bet everything that is shipped anywhere is going to go up in cost. What was it like in 2005 diesel was well under the $2 gal mark and now it is over $4 per gal, you don't think that any business is going to or can eat those kinds of rising costs in shipping do you? And as our discretionary income shrinks because of what we pay for fuel, we will be spending less at stores on things that are not necessities so there goes the economy, well except for the folks raking in the $$ in oil \:\(

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I'm lucky to where my wife and I work in the same office. We use the car for going to and from work. Unless one of us has to work at another campus it's just one vehicle. I only use my truck for hauling the boat, ice fishing, hunting and if there is heavy snow. Still hurts to put 40/50 bucks to fill a car.

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 Originally Posted By: upnorth
We don't even have bus service up here on the Range \:\(

Sniff. Sniff. Do you smell that? thats the scent of business opportunity grin.gif

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You bring up a good point, upnorth, about the flexible schedules. Perhaps as time goes on, we employees need to start thinking about putting pressure on the business community (our employers) to streamline their schedules a little better so we can accommodate car pooling. It may come down to being necessary if they want to stay in business. They can't run a business if they don't have a workforce. With the cost of fuel going where it is, we employees might be faced with choosing between working for nothing or not working at all.

One thing we can do is change our work schedule to a for a four day work week so we can cut our fuel consumption by 20%. The concern of course is having 5 day coverage for our customers and I appreciate that. I believe that with a little planning we could alternate our shifts in such a way to satisfy both.

Bob

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I was on sick leave for 7 weeks I figured it saved me at least $420. That is a sad thought.

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I think the answer lies in the frozen tundra of Anwar (sp) I heard that among the 40 million acres that experience very little tourist trade and stays dark for up to 23 hours a day for days on end the "footprint" needed to drill and extend oil lines would only be 2,000 acres. Not a bad trade off considering experts say that the oil we could generate ourselves would permanently eliminate every drop of oil we export from Saudi Arabia.

I think more pressure has to be put on the liberal tree huggers in Washington. We need to get that pipeline built, up and running! Next up is the creation and expansion of refineries in the US.

Just my .02 worth!

Windy

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 Originally Posted By: Windy City Walleye Hunter
I think the answer lies in the frozen tundra of Anwar (sp) I heard that among the 40 million acres that experience very little tourist trade and stays dark for up to 23 hours a day for days on end the "footprint" needed to drill and extend oil lines would only be 2,000 acres. Not a bad trade off considering experts say that the oil we could generate ourselves would permanently eliminate every drop of oil we export from Saudi Arabia.

I think more pressure has to be put on the liberal tree huggers in Washington. We need to get that pipeline built, up and running! Next up is the creation and expansion of refineries in the US.

Just my .02 worth!

Windy

I am not convinced that would cause a drop in the price of fuel. I may make it more available to the oil companies, but since they have no competition there is no incentive to lower prices.

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Not to get off track here, but isn't the real reason for the high cost right now not that actual supply or demand, but the "betting" on the future price of it? I am not a financial or investment expert (by a long shot) but can any of you finance/investing guys explain it? The price is essentially being artifically inflated, from what I read. Even something as simple as what the Fed does with next weeks meeting, cutting or leaving the short tern rate, has a ton to do with it.

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I am not fully sure of how commodity trading works but I am not convinced that the oil companies themselves are setting the price.

Someone correct me if I'm wrong but isn't the reason the oil price is so high because of world-wide trading? We are not the only customers of the oil companies and many countries are bidding for the oil on the commodities market. We bid $X and then China comes along and bids $Y and India then bids even higher and we counter theirs and so on until the whistle blows and trading closes. The oil companies are just the ones that reap the benefits of the trading frenzy and in a way this is how supply and demand are in control. I believe the consumption in the United States as a whole has actually remained relatively flat for the last couple decades while world-wide demand has been increasing rapidly due primarily to China and India undergoing and industrial revolution. As a result they have joined the rest of the world on the bidding table.

Bob

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My wife and I live in Forest Lake, she works downtown. She just started taking the bus and we figure between parking and fuel we are saving almost 350 a month, not to mention the drastically reduced miles on her car. I always just try and make sure I NEED to go somewhere, keep the tires inflated, air filter clean and hope for the best.

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Upnorth,

How can you say the oil companies have no competition. Exon/mobile, shell etc. etc etc. etc. Not just this country but the world. BobT is exactly correct, oil is a commodity that is bid for on the world market. I always get a kick out these black

Helicopter conspiracy theories

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Oil is a commodity and the price of oil is driven up by increasing world demand (China and India). Additionally, the low value of the US dollar has made it more expensive. A low dollar may be good for manufacturing and tourism, but its bad for our purchasing power of commodities, and results in a higher cost of living (looked at your grocery bill lately?).

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With this in mind, I figure a lot of blame is being placed on the oil producers when it could just have more to do with worldwide demand than them setting the prices.

Like my wheat. For the past fifteen years that I have been a wheat producer, I had come to expect about $3.50 a bushel to be the norm. Last fall I sold at $6.60. I didn't raise my price, it is determined by the commodities market. I just took advantage of what I thought was a tremendous high value.

If I had waited until February I could have nearly quadrupled my money at $28.00 per bushel, which would have been almost ten times my normal! Man if one could only predict the future, eh?

Bob

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 Originally Posted By: fishorgolf
Upnorth,

How can you say the oil companies have no competition. Exon/mobile, shell etc. etc etc. etc. Not just this country but the world. BobT is exactly correct, oil is a commodity that is bid for on the world market. I always get a kick out these black

Helicopter conspiracy theories

If there was competition there would be varying prices. As it sits now they all go up the same amount at the same time. They can't all have the same exact expenses.

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Just wait until the black helicopters start flying \:\) You can bet your sweet arse that Wall Street is behind the pricing. Oil SHOULD be at 40 to 50 bucks a barrel, and the producers hedge at that amount. As far as competition, our country has the ability to circumvent the situation but hasn't. We don't totally rely on OPEC for all of our fuel, and we have access to a good supply. The strategic reserve really should be tapped about now, but with the war effort and the potential collapse of the oil industry, perhaps it shouldn't. It's all a balancing act, but right now, there is no balance.

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I am not talking about competition for the oil from the suppliers like OPEC I am referring to competition for selling their product. You know like the competition for say Ford selling truck, they have to compete with Chevy, Dodge, Toyota, GM, etc. They are all priced a little different and you can go to the next one brand looking for a better price, that just ain't there will fuel.

When was the last time you seen one of the oil companies run an ad for their product? They don't have to, they aren't competing with another company for your business. And I am not talking about a conspiracy, this is just facts.

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  • Your Responses - Share & Have Fun :)

    • SkunkedAgain
      It doesn't look like the lake level has gone up at all. I was up a week ago and struggled to get my boat in and out of the public landing on the west end of Head O Lakes. I used my paddle to push the boat further out to deeper water. I could hear the hull moving over the sandy/muddy bottom near the launch.
    • JerkinLips
      Pretty tough.  Was catching about 2 walleyes per hour and the biggest was only 13".  Back up Thursday so I hope I have better success.
    • smurfy
      the kid and I always check our stands prior.......i'll go back to check the conditions of said stands before he gets there to see what we need. while i'm at it if i can i shoot at grouse with shells that appear to not have bb,s in them!!!!🙄
    • LakeofthewoodsMN
      On the South Shore...  With unseasonably warm weather, there are still some anglers hitting the water and most have been rewarded.  Limits of walleyes and saugers being caught, and the forecast looking ahead is favorable. The best bite on the south end of LOW has been in 22-28 feet of water. Water temperatures are dropping and as the temps cool further, the bite has been excellent.     Vertical jigging with frozen emerald shiners has been the program for most anglers.  Bring plenty of bait, as you’ll need to sort through some smaller fish and short biters.  Plenty of eater fish to be had, just have to do a bit of sorting.  Anglers are also reporting very good numbers of jumbo perch and occasional pike mixed in with the walleyes.     For those fishing structure, if you slide up on top of a rock pile, don't be surprised to catch a big smallmouth bass, there are plenty around.   This week’s hot colors have been gold, gold/glow white, gold/chartreuse, gold/orange, and gold/glow white/pink.     One tip, a stinger hook on your jig will catch you more fish if you start missing too many fish. On the Rainy River...  Bait dealers are reporting good numbers of shiners in the river this past week.  Interesting, each night is different.  Some areas have the small shiners called pinheads.  Other areas have the larger minnows.     The river is producing some nice walleyes in various spots from Four Mile Bay to Wheeler's Point, to Baudette all the way to Birchdale.  There are 42 miles of navigable Rainy River from the mouth to Birchdale with plenty of public boat ramps along the way.     Walleyes are being caught in various depths, but 15-25 feet of water has been good.   Jigging with live or frozen emerald shiners has been highly effective. Some anglers are also trolling crankbaits to cover more ground and find fish. Both methods are producing solid results. Sturgeon fishing has been strong.  The catch-and-release sturgeon fishing is open into the spring when it changes to the "keep season" on April 24th. Up at the NW Angle...  Fall fishing continues to be excellent. Points, neck-down areas with current, shoreline breaks, and transition zones from rock to mud are all productive locations for walleye right now.   It is traditionally a mixed bag up around the many islands in this part of the lake and this fall is no different.  In addition to walleyes, pike, jumbo perch, and crappies are in the mix.  A jig and minnow has been the most effective presentation. Good muskie fishing is the norm during the fall of the year and area reports have been good.  In addition to casting, trolling shorelines, points and neckdown areas has been effective.  Muskies are often targeting schooling tullibees this time of year. The weather forecast for the next couple of weeks is conducive for fall fishing.  If you don't deer hunt, or if you have harvested your deer, consider some bonus walleye action before the ice forms.  The bite continues to be excellent.    
    • leech~~
    • gimruis
      I'm not one to leave that to chance the day I need it.  I always check on my stands prior to the season.  Just like I always shoot my rifle before the season and I always run my outboard motor before fishing opener.  Too many things to go wrong without confirming it ahead of time.   I guess it could have been beavers but the house itself didn't appear nearly big enough along one ditch.  It was about the size of chair.  I've seen beavers houses many times before and they appear much bigger than that.
    • leech~~
      Good thing you made a check run.  That would have really suked walking into opening day.  Why do you think muskrats and not beavers?  
    • gimruis
      Well I checked on stands over the weekend.  Kind of a disaster.   All the ditches are plum full and twice as wide becauase muskrats have clogged an area.  I spent an hour unclogging it and the water is slowly moving again, but our bridges and planks were underwater.  The back portion of the land where the best stand is was inaccessible.  Hopefully that changes by Saturday.  I have a feeling the muskrats are just going to clog it back up again.   Tons of standing corn still too.  They've started on it, but being so wet now with more rain coming, whatever's there will remain there for the foreseeable future.   All the grassland is completely flattened like a pancake due to 3-4 inches of heavy wet snow.  That eliminates about 75% of the pheasant habitat in this spot.  Total buzz kill.  And this specific spot was one of my better producers last season because the grass was intact and lush through December last year.
    • BWpineisland
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    • JerkinLips
      45.6°F Saturday afternoon.  Lake Vermilion was quite empty.
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