The cost of gasoline

No you don't.
You pay about $1.70 a gallon (1 pound 30), the rest is taxes.

 

Next time I'm at the pump I'll explain that to them and then see what the price is. My guess is I'll still have to pay £5.85.

 

You know I just thought of something someone else may have mentioned, if so missed it, maybe Hunter Biden or Chris Heinz has written a treatise on this topic, we should google up some of their expertise.

 

The fact that you may be willing to pay $100 for something that has no worth to me, and vice versa, says otherwise.

 

And how are they able to maintain approximately the same profit margin while prices fall?

 

Yes, speculators. All investors are speculators. That is why the prices are so volatile.

 

speculators aren't the reason, its the conditions under which they speculate

when commies assume the role of predicting the future Americans are deprived of ethical investments.

 

Who? Oil producers or retailers?

 

How about you look up how far you have to drive to get from LA to Dallas. Yes, we produce more CO2 per capita. We also have more trees per capita by 15X.

 

Not all participants in commodity trading are speculators. A true hedge is just a foreword contract. This is a good basic place to start in understanding the role of speculative positions on boards of trade.
https://www.thebalance.com/the-pros-and-cons-of-speculation-in-commodity-futures-808944

 

The poster said oil companies I'm guessing that means the major ones.

 

They will explain how all that tax collected is being used to repair the roads

 

I paid $1.89 last week. Gas is a bargain.

 

I think you will find that it is the road tax (vehicle excise duty)that is misappropriated from the repair fund. Fuel tax is a different beast.

 

As always, I don't believe you. But if you're telling us the truth, yeah, keep putting that cheap **** gas in your car and then pay the cost of repairs. Unless you drive a 20-year-old jalopy you have electronic exhaust and combustion sensors and they will need replacing for about $300 after a while.

 

Gas was $2.29, but I shop at Kroger and they gave me a 40 cent discount.

$1.89 for a gallon of gas in a Nissan Sentra that gets 40 mpg goes a long way.

 

Oh, Ok. I can do that with Kroger here, too, but putting that gas in my car already cost me a few hundred bucks for new sensors.... TWICE! Then I switched to Chevron. Independent, unbiased sources told me "Techron" is real, and it really works. So I switched and have not had any more problems. I don't mind spending $3/gallon when I'm getting 40 to 55 MPG.

BTW, you're a heck of a lot younger than I thought.

 

Just what is the fuel economy of your 1000cc? I drive a diesel car, and the average it gets, according to the info display, is in the high thirties MPG.

 

Go electric and save the climate and $$$$ as a bonus.

 

The photo is me at 10 years old in 1972.

What car gets 55 mpg?

 

Gee, you were CUTE then. What happened??

The car was a Ford C-Max Energi (plug-in hybrid). Now I have a new, Toyota Rav4 hybrid and it's getting 39.6 MPG, and it's a big car/SUV.

 

I have two Nissan Sentras. One (2013) gets 42 mpg and one (2015) gets 39 mpg. 1.8 liter gas engine in both.

 

I've never actually worked it out but these figures seem about right.
https://car-emissions.com/cars/view/1890

 

Looks very similar! I regularly see 50s and 60s for my MPG when cruising down a highway after the engine has warmed up (in winter, otherwise it's that high all the time), but then the average is around that 39 mark, maybe a tad lower. It's also a four-door sedan, though. Just like this one (same color, even) :

 

https://www.cnn.com/2020/01/02/investing/oil-prices-iran-commander-baghdad/index.html

Just wait until tomorrow if you think it's gone up fast. I thought this thread was a joke.

Oil prices surge 4% after Iran military leader killed in US strike
https://www.cnn.com/2020/01/02/investing/oil-prices-iran-commander-baghdad/index.html