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Sandy Eggo
Very Active Member
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Posted: Sat May 10th, 2008 12:32 pm | 1st Post |
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This question is addressed to those of you outside the US:
Are your fuel prices climbing at the same rate as the US? Are your parent oil companies the same ones as we have in the US?
I'm wondering how much of the rise in fuel prices is global, and how much of it is corporate greed on the part of the US oil companies. After all, if there's a global shortage of oil, then everyone would be feeling the pinch and see their gasoline prices climbing.
I know the price of gasoline in Europe has always been higher than in the US. What is it up to now?
____________________
'88 GL1500
You put your right foot in, you put your right foot out,
you put your right foot in, and you shake it all about.
Who would have thought that "Restless Leg Syndrome" could be so much fun!!
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DougW
Senior Member
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Posted: Sat May 10th, 2008 12:53 pm | 2nd Post |
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I saw an article the other day that showed the price of a barrel has not gone up significantly compared to the Euro. The dollar going weak has a lot to do with the prices we pay.
It would be interesting to see the price increase in Europe over the last yaer.
____________________
Home Security System designed by Bill Ruger
'94 Teal SE
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siataukreg
Very Active Member
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Posted: Sat May 10th, 2008 05:17 pm | 3rd Post |
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£1.10 per litre for unleaded more at some stations and saw £1.18 for diesel today its gonna get worse. in your money thats over $10 a gallon
Cheapest i have seen is £1.08 at tesco always fill my crossfire up there got to pass it going to work (Aldi) always fill a couple of cans for the bikes too especially if you get the fuel token for spending over £50 in the store saves you 5p a litre (when the promotion is running)
Last edited on Sat May 10th, 2008 06:45 pm by siataukreg
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Silverfox
Forum Diplomat
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Posted: Sat May 10th, 2008 05:29 pm | 4th Post |
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siataukreg wrote: £1.10 per litre for unleaded more at some stations and saw £1.18 for diesel today its gonna get worse. in your money thats over $10 a gallon
Blimey Ron!!!! I'll be having some of that fuel pleeeease!!! round these parts it is running at about £1.19- £1.27 per litre of diesel and £1.12- £1.15 for unleaded petrol.
I read that our government are "kind enough" to take just under 50% of that tax, so the oil companies are not the only ones fleecing us!!!
____________________
Pete
2006 1800 comfort Metallic Silver
http://groups.msn.com/PetesWing
http://www.goldwing-riders.com
http://www.goldwing-riders.co.uk
http://www.rblr.co.uk
skype: Silverfox (under UK and peterticehurst)
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redneck
Senior Member
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Posted: Sat May 10th, 2008 05:43 pm | 5th Post |
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| £1.24 a litre round this way pete, the price of cooking oil has gone up too to £15 for a 20ltr can, looks like i'll be eating less chips/fries to make up for the running around, mind you you can run on red, just dont get caught
____________________
irlp node # 5386....MB7IAG
GØSVH........... call me sometime
skype edwright1
1986 GL1200 INTERSTATE (adopted )....1986 GL1200 ASPENCADE
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Dusty Boots
Very Active Member
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Posted: Sat May 10th, 2008 06:31 pm | 6th Post |
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| Price of Regular Unleaded runs around $1.30/Litre here in the Okanagan, which is roughly $4.93 for a an American gallon, or $5.92 per Imperial gallon
____________________
Ken
Current Ride; 1992 Honda GL 1500 Aspencade.
Previous Rides;
1966 Honda 90CL
1973 Suzuki GT 250
1974 Kawasaki G4 100 Trail Boss
1974 Honda XL 250
1977 Yamaha IT 175
1975 Honda GL 1000
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siataukreg
Very Active Member
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Posted: Sat May 10th, 2008 06:42 pm | 7th Post |
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Dusty Boots wrote: Price of Regular Unleaded runs around $1.30/Litre here in the Okanagan, which is roughly $4.93 for a an American gallon, or $5.92 per Imperial gallon
Cheap as chips eh
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siataukreg
Very Active Member
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Posted: Sat May 10th, 2008 06:46 pm | 8th Post |
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redneck wrote: £1.24 a litre round this way pete, the price of cooking oil has gone up too to £15 for a 20ltr can, looks like i'll be eating less chips/fries to make up for the running around, mind you you can run on red, just dont get caught
Mate of mine is running his diesel on cooking fat says its cheaper
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SC
Very Active Member
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Posted: Sat May 10th, 2008 06:58 pm | 9th Post |
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Not trying to split hair here but 
There is enough (known) oil to burn all of the oxygen off this rock
There are not enough refineries and hurricane damaged messed up the output as a whole a wile back. They are not building refineries and population growth ie demand keeps rising.
If you had a spigot that ran gold would you open it up and run your price down as you flood the market or would you close it to a drip and make them stand in line and pay what you want
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BFS
Very Active Member
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Posted: Sun May 11th, 2008 02:13 am | 10th Post |
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Silverfox wrote: siataukreg wrote: £1.10 per litre for unleaded more at some stations and saw £1.18 for diesel today its gonna get worse. in your money thats over $10 a gallon
Blimey Ron!!!! I'll be having some of that fuel pleeeease!!! round these parts it is running at about £1.19- £1.27 per litre of diesel and £1.12- £1.15 for unleaded petrol.
I read that our government are "kind enough" to take just under 50% of that tax, so the oil companies are not the only ones fleecing us!!!
Pete, you're giving the bar stewards a little more credit than they deserve......see here:
http://www.petrolprices.com/fuel-tax.html
or here
http://news.bbc.co.uk/2/hi/in_depth/world/2000/world_fuel_crisis/933648.stm
I know the BBC one is dated, but the principles are much the same. Although the oil companies are making money hand over fist, they really don't make obscene amounts from the forecourt. Well, not as much as the government do at least
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93 GL1500 SE
I complained because I had no shoes, til I met a man who had no feet.
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redbaron
Moderator
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Posted: Sun May 11th, 2008 03:03 am | 11th Post |
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| Heres something to chew on Exxon Mobil made over 40 Billion dollars PROFIT last year, and none of it went into lower prices or drilling new wells etc...40 Billion dollars ...What could you do with that kind of money ??????
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1982 GL-1100 Goldwing Interstate
Rudys Backyard.com
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maplewingnut
Very Active Member
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Posted: Sun May 11th, 2008 03:21 am | 12th Post |
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redbaron wrote: What could you do with that kind of money ??????
Buy another 1982 Gl 1100. (nice headlight)
____________________
1975 Honda CB125S
1977 Honda CD175
1981 Honda CB650
1982 Honda GL1100 Aspencade
See the progression?? I still got two whole decades to look forward to!!
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exavid
Top Poster
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Posted: Sun May 11th, 2008 04:38 am | 13th Post |
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redbaron wrote: Heres something to chew on Exxon Mobil made over 40 Billion dollars PROFIT last year, and none of it went into lower prices or drilling new wells etc...40 Billion dollars ...What could you do with that kind of money ??????
That's still a specious argument unless you know how much that 40 billion dollars cost Exxon to get. On average an oil company in the US makes about $0.08 on each dollar of the retail price. So $3.60 per gallon gas like we have here means the oil company makes a profit of $0.28 cents. The combined Federal and Washington State tax on that gallon of gasoline is $0.54 per gallon. You might notice that the taxing authorities that do nothing whatsoever to produce a pint of that fuel get twice as much money from it as the oil company does. So who is making the money?
Look it up for your own State. http://www.washingtongasprices.com/tax_info.aspx
You are wrong about Exxon not spending money on exploration, drilling or other efforts at production. They spend millions in court and lobbying Congress trying to get the right to drill where we know there's oil like ANWR in Alaska, The Gulf of Mexico where Mexico is drilling like mad, and off the California coast. They spend millions fighting rabid environmental groups who try to kill any effort to find new oil. It's a cheap shot to blame the oil companies for the run up, there are a lot of other parasites that are causing the price increases.
Kinda ironic isn't it that Canadians pay so much for gasoline when Canada is our second largest supplier of petroleum. We buy gas made from Canadian oil much more cheaply than the Canadians themselves do. You think that's the fault of oil companies too? Not by a long shot.
Last edited on Sun May 11th, 2008 04:40 am by exavid
____________________
If you can't ride, fly or sail it, why bother?
Paul W. 1993 Aspencade 1982 Aspencade
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mkbwatts
Senior Member
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Posted: Sun May 11th, 2008 05:02 am | 14th Post |
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Bravo exavid, bravo 
____________________
While it's the early bird that gets the worm it's the second mouse that gets the cheese!!
Ciao for now - Miles from nowhere on a RED '99 SE
We're all terminal the day we are born - enjoy the journey!
May you live all the days of your life.
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Silverfox
Forum Diplomat
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Posted: Sun May 11th, 2008 05:57 am | 15th Post |
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Thanks for that BFS, now I am feeling soooooo much happier about te cost of fuel at the pump!!!!....Not!!!
Nice to know, that as the government publicly voice the opinion that they want to drive us off th roads for "ecological" reasons, that they are still making plenty of money at it!!!
To be fair, I doubt it would make any difference voting in a different party, after all who is gonna turn down that sort of income if they got in!!!
____________________
Pete
2006 1800 comfort Metallic Silver
http://groups.msn.com/PetesWing
http://www.goldwing-riders.com
http://www.goldwing-riders.co.uk
http://www.rblr.co.uk
skype: Silverfox (under UK and peterticehurst)
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Gofastandfalldown
Very Active Member
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Posted: Sun May 11th, 2008 06:20 am | 16th Post |
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| Yup. I can look out my front window and see an oil well pumping away 24 hours a day. The oil is literaly underneath my house. Yet we pay more here than in the USA. Huh? Canada, and the province of Alberta specifically, is the second largest supplier of oil and natural gas to the USA. More than Saudi Arabia!!! The biggest oil rush in Canadian history started 5 miles south of here (Leduc #1) and everytime I drive by the commemorative oil derrick, tears run down my face.
____________________
1978 GL1000
"Honesty may be the best policy, but it's important to remember that apparently, by elimination, dishonesty is the second-best policy" George Carlin R.I.P.
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Hawker22
Guru
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Posted: Sun May 11th, 2008 03:54 pm | 17th Post |
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Yup--time for Canadians to force the gov't and powers that be to start giving Canadians a bit of a break on fuel prices. Course that will come at the expense of major importers(USA). No reason that basic fuel prices are not the same. Taxes on fuel is another whole issue.
You are getting it bad, USA, but you are still way better off than most.
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Hawker22(Ken)
Per Ardua Ad Astra
1997 GL1500SE--White Cloud
Skype--Skyhawk22
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axelwik
Guru
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Posted: Sun May 11th, 2008 04:55 pm | 18th Post |
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exavid wrote: redbaron wrote: Heres something to chew on Exxon Mobil made over 40 Billion dollars PROFIT last year, and none of it went into lower prices or drilling new wells etc...40 Billion dollars ...What could you do with that kind of money ??????
That's still a specious argument unless you know how much that 40 billion dollars cost Exxon to get. On average an oil company in the US makes about $0.08 on each dollar of the retail price. So $3.60 per gallon gas like we have here means the oil company makes a profit of $0.28 cents. The combined Federal and Washington State tax on that gallon of gasoline is $0.54 per gallon. You might notice that the taxing authorities that do nothing whatsoever to produce a pint of that fuel get twice as much money from it as the oil company does. So who is making the money?
Look it up for your own State. http://www.washingtongasprices.com/tax_info.aspx
You are wrong about Exxon not spending money on exploration, drilling or other efforts at production. They spend millions in court and lobbying Congress trying to get the right to drill where we know there's oil like ANWR in Alaska, The Gulf of Mexico where Mexico is drilling like mad, and off the California coast. They spend millions fighting rabid environmental groups who try to kill any effort to find new oil. It's a cheap shot to blame the oil companies for the run up, there are a lot of other parasites that are causing the price increases.
Kinda ironic isn't it that Canadians pay so much for gasoline when Canada is our second largest supplier of petroleum. We buy gas made from Canadian oil much more cheaply than the Canadians themselves do. You think that's the fault of oil companies too? Not by a long shot.
Oh, and don't forget, they're also paying people like me to clean up their environmental messes. (More than half my income comes from the oil and gas industry.)
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Marco,
Albuquerque, NM
'77 GL1000 (sold)
'08 Suzuki V-Strom DL650
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cymru
Very Active Member
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Posted: Sun May 11th, 2008 05:16 pm | 19th Post |
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1.25 Euros per liter in my neck of the woods. $1.54 per Euro yesterday. 
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badass
Forum Greeter
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Posted: Sun May 11th, 2008 05:31 pm | 20th Post |
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1.58 Euros per litre thats $2.44 dollar and £1.25 per litre for unleaded
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GL1100 Standard
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Previous bikes in random order:
GL1200 Interstate 3x
Honda Transalp
Honda CB900C
Suzuki Burgman
Yamaha XV920
Yamaha TDM 900
Kawasaki Vulcan 1500
Yamaha Diversion 900
Honda Shadow 800
GL1100Interstate
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