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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Gas price check

Gas price check

Scheduled Pinned Locked Moved General Discussion
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  • N Offline
    N Offline
    NobodySock
    wrote on last edited by
    #34

    This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.

    N 1 Reply Last reply
    • N NobodySock

      This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.

      N Offline
      N Offline
      NobodySock
      wrote on last edited by
      #35

      NobodySock said:

      This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.

      I am sure Alberta crude can elaborate on this fact

      RenaudaR 1 Reply Last reply
      • Doctor PhibesD Offline
        Doctor PhibesD Offline
        Doctor Phibes
        wrote on last edited by
        #36

        41464f16-6305-4cb0-97a6-34e83db9bfca-image.jpeg

        I was only joking

        1 Reply Last reply
        😊
        • LuFins DadL LuFins Dad

          MUST…. NOT…… MAKE….. RACIST…. ITALIAN ……JOKE……

          MikM Offline
          MikM Offline
          Mik
          wrote on last edited by
          #37

          @LuFins-Dad said:

          MUST…. NOT…… MAKE….. RACIST…. ITALIAN ……JOKE……

          The only sure way to rid oneself of a temptation is to yield to it.

          "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

          1 Reply Last reply
          • N NobodySock

            NobodySock said:

            This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.

            I am sure Alberta crude can elaborate on this fact

            RenaudaR Offline
            RenaudaR Offline
            Renauda
            wrote on last edited by Renauda
            #38

            @mik

            I am sure Alberta crude can elaborate on this fact

            For the most part he’s right about the refineries. As for the imported heavy crudes, they are sold at a discount into the US and then blended with domestically produced light crude to produce gasoline for the US market or re-exported as upgraded medium crude. In the case of synthetic crude produced here we upgrade it so it can be transported by pipeline and the oil companies resell it at a discount to either their parent company in the US - for example, Imperial Oil Canada selling it to its US parent company, Exxon-Mobil - or, like Canadian owned Suncor or Cenovus, to their US subsidiary at a discount. In the end the US refiners are the ones making the big dollars as their feedstock is always discounted.

            Elbows up!

            1 Reply Last reply
            • A Offline
              A Offline
              AndyD
              wrote on last edited by
              #39

              Interesting. So the cars you make can't run on the oil you harvest.
              Could cars be built to run on refined oil you harvest? I mean, some cars run on waste chip fat. Or perhaps I should ask, could refineries be built for your car production?
              Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

              Thank goodness we invented the battery/electric car around 1940 or the international petro-chemical industry might still be taking advantage🤪

              RenaudaR 1 Reply Last reply
              • A AndyD

                Interesting. So the cars you make can't run on the oil you harvest.
                Could cars be built to run on refined oil you harvest? I mean, some cars run on waste chip fat. Or perhaps I should ask, could refineries be built for your car production?
                Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                Thank goodness we invented the battery/electric car around 1940 or the international petro-chemical industry might still be taking advantage🤪

                RenaudaR Offline
                RenaudaR Offline
                Renauda
                wrote on last edited by
                #40

                @AndyD

                Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.

                Elbows up!

                N 1 Reply Last reply
                • Doctor PhibesD Offline
                  Doctor PhibesD Offline
                  Doctor Phibes
                  wrote on last edited by
                  #41

                  a51e0a05-4eb5-40a5-8c5b-ae0ca111df8c-image.jpeg

                  I was only joking

                  1 Reply Last reply
                  • RenaudaR Renauda

                    @AndyD

                    Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                    No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                    Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.

                    N Offline
                    N Offline
                    NobodySock
                    wrote on last edited by
                    #42

                    @Renauda said:

                    @AndyD

                    Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                    No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                    Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
                    For AC,

                    What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?

                    RenaudaR 1 Reply Last reply
                    • jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote on last edited by
                      #43

                      Probably more of a time-in-the-oven thing. Pressure, temperature, and time.

                      Person. Woman. Man. Camera. TV.

                      1 Reply Last reply
                      • N NobodySock

                        @Renauda said:

                        @AndyD

                        Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                        No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                        Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
                        For AC,

                        What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?

                        RenaudaR Offline
                        RenaudaR Offline
                        Renauda
                        wrote on last edited by Renauda
                        #44

                        @NobodySock said:

                        @Renauda said:

                        @AndyD

                        Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                        No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                        Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
                        For AC,

                        What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?

                        I was a rig hand, Jim, not a petroleum geologist

                        Elbows up!

                        1 Reply Last reply
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote last edited by
                          #45

                          Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.

                          Person. Woman. Man. Camera. TV.

                          Doctor PhibesD 1 Reply Last reply
                          • jon-nycJ jon-nyc

                            Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.

                            Doctor PhibesD Offline
                            Doctor PhibesD Offline
                            Doctor Phibes
                            wrote last edited by
                            #46

                            @jon-nyc said:

                            Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.

                            You know, I think I'd rather pay $10 for a dozen eggs, but hey, that's just me.

                            I was only joking

                            1 Reply Last reply
                            • jon-nycJ Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote last edited by
                              #47

                              Interestingly egg prices have crashed since. The early Trump days. Lowest in 10 years.

                              Person. Woman. Man. Camera. TV.

                              Doctor PhibesD 1 Reply Last reply
                              • jon-nycJ jon-nyc

                                Interestingly egg prices have crashed since. The early Trump days. Lowest in 10 years.

                                Doctor PhibesD Offline
                                Doctor PhibesD Offline
                                Doctor Phibes
                                wrote last edited by
                                #48

                                @jon-nyc said:

                                Interestingly egg prices have crashed since. The early Trump days. Lowest in 10 years.

                                And that's all down to him- another spectacular victory. Obviously, the gas prices are Joe Biden's fault.

                                I was only joking

                                1 Reply Last reply
                                • jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote last edited by
                                  #49

                                  facebook_1775910039294_7448706581453974580.jpeg

                                  Person. Woman. Man. Camera. TV.

                                  1 Reply Last reply
                                  • Tom-KT Offline
                                    Tom-KT Offline
                                    Tom-K
                                    wrote last edited by
                                    #50

                                    Saw it today for $3.89 down from a high of $4.19. That's good.

                                    Ego similis habere bonum et non curat nunquam accipere malum.

                                    1 Reply Last reply
                                    • Andrea BA Offline
                                      Andrea BA Offline
                                      Andrea B
                                      wrote last edited by
                                      #51

                                      Prices back up, but some historical perspective might be appropriate:

                                      Q: Considering the price of gasoline today, how does it compare to that price in 1960, inflation adjusted?

                                      A: In 1960, the average U.S. retail price of gasoline was about $0.29–$0.31 per gallon.

                                      Today (late April 2026), the national average for regular unleaded gasoline is roughly $4.00–$4.23 per gallon, with recent reports around $3.95–$4.23 depending on the exact date and source (e.g., AAA averages)....

                                      Today's price ($4.00+) is higher than the inflation-adjusted 1960 price by roughly $0.50–$0.75 per gallon (about 15–20% more in real terms).

                                      =-=-=-=-=-=

                                      Q: Okay, considering the improvement in fuel economy in automobiles, what is the relative, inflation-adjusted cost of driving 100 miles?

                                      A: Driving 100 miles costs ~25–30% less in real (inflation-adjusted) terms today than in 1960, primarily due to ~50–80% better average fuel economy (depending on exact 1960 baseline). Even at today's higher real gas prices, efficiency improvements dominate.

                                      1 Reply Last reply

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