Real Name: Mike Austin Gender: male Date of Birth: August 20, 1950 Member Since: October 11, 2005 Last Signed In: November 20, 2008 Profile Views: 2831 Blog Views: 15285 Hey Vato, You Stole My Drugs....Or Was It My Girl? Want A Ride In My Time Machine? Some Lives May Depend On It Lame Duck or Road Kill..It's Time to Move On The Bottom Line I Just Heard That Some of 'Em Eat Babies and Pets Too The Death Not of An Industry, But of A Symbol of American Excess Twenty Some Odd Days..........Until Business As Usual Achtung! Gotten Himmel! Stop The Presses - Keep the Loon Over For Another Shift Charges Leveled That O.J. Jury Just Settling A Score 700 Mil...., No, 800 Mill, and Rising........ October 05 November 05 December 05 January 06 February 06 March 06 April 06 May 06 June 06 July 06 August 06 September 06 October 06 November 06 December 06 January 07 February 07 March 07 April 07 May 07 June 07 July 07 August 07 September 07 October 07 November 07 December 07 January 08 February 08 March 08 April 08 May 08 June 08 July 08 August 08 September 08 October 08 November 08 
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Musing Over Oil Prices
Oil - Bend over to have the facts delivered. Seems a barrel is now sized at 42 U.S. gallons. When did they replace all of those 55 gallon drums I used to load on the crew boat? Okay so we are getting shafted on the size of a "barrel". Maybe it's time to take a look at the unit pricing here. 42 gallons of oil refines to roughly 19.5 gallons of that addictive stuff we put in out F-150s and lawn mowers. The way I see it, that equates to oil being priced at the unit price, equivalent to the average size automobile gas tank. So basically, we are seeing plane after plane loaded with flag draped coffins, and spending billions to fight a war over oil, and our government can do no better than getting oil priced based on what amount you and I can afford to pay when we go in and fill up. Folks, that is RETAIL........ Like buying hot dogs at an Astros game instead of Kroger...... Seems to me there might be a bit of self serving of interests going on between the oil companies and the good ol' boys that govern us, and the defense contractors, now doesn't it? Simple math........or is it? Wonder if we could get a break if we brought our own barrels out to Dow, or DuPont, or Valero.....and demanded Sam's prices, rather than Circle K's?
7 comments from 4 users
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posted by
pilot
on Apr 23, 2008 at 08:59 PM
Richard.........I hope someone in Shiner has the nads to put that up. Seen a few like that. My local oasis, run by Mustafa & Ahmed, (a Shell store) does a once a month sneak attack, underwritten by a local Methodist church. They run up a $0.99.9 special for a couple of hours or until the subsidy bottoms out. M & A(real names, I swear) love the attention, and are good with it. I need to try to come up with a creative sinage for a day, to help them draw in some curious yuppies............thanks
posted by
RichardFromShiner
on Apr 23, 2008 at 08:02 PM
posted by
marksremarks
on Apr 23, 2008 at 04:39 PM
In the past 40 years there have been numerous "investigations" that have been conducted by US Congress local Leges and other publicity seeking entities of the "Big Oil Companies. Different administrations, different parties in control and absolutly no evidence of collusion, price fixing,"price gouging" ( they can't even define what that is) or anything else along those lines
posted by
marksremarks
on Apr 23, 2008 at 03:25 PM
In some countries that use the metric system oil is sold by the ton. A "barrel of oil" is a quanatative measure describing a certain number of gallons of oil What the container is called( drum,keg , cask, barrel) has nothing to do with it. The barrel is the name of several units of volume: Oil barrel UK beer barrel US beer barrel US non-beer liquid barrel US dry barrel Somali water barrel : 200 litres - used in Horn of Africa to measure water and diesel. : 105 dry quarts (115.6 litres). : 31½ US gallons (119.2 litres), or half a hogshead. : 31 US gallons (117.3 litres), the result of tax law definitions. : 36 UK gallons (163.7 litres). : 42 US gallons, 158.9873 litres,[1] or 34.9723 Imperial (UK) gallons.The current standard volume for barrels for chemicals and food is 55 US gallons (46 imp gal/208 L 53 gallons in a barrel of whiskey The oil company NET PROFITS ( what's left after all expenses)are something like 9%. Many other industries are much higher posted by
pilot
on Apr 23, 2008 at 01:23 PM
Not sure which part you regard as a joke. The reference to the 55 gal drums, was an honest old boat driver talking. (I have never bought or traded oil and concerned myself with barrel sizes, so to me a barrel has always been represented by a 55 gal. drum. The reference to oil measurement in retail (does that word cause you to self lube a bit?) quantities, was actually made tongue in cheek (the face variety), so yes in that sense some humor was attempted. The alluding to the common folk having their children die overseas in an oil war, and the general public being raped by the oil companies, the defense contractors, and the federal government, was just about as serious as I get. There is one reason that the price of oil is so high - profit for both the stockholders, and those in government whose pockets are lined with big oil money. In an effort to educate myself, I did after the fact, look up the history of barrels, and find that 55 U.S. gal, is 44 Imperial gal (still in the shadow of them damn Redcoats are we) and that while oil is sometimes shipped in 44 gal drums, that in fact the measurement of oil is based on as sandwichh informed me, the wooden barrels from the 1870s. Live and learn. If you are looking for humor in it, wikipedia http://en.wikipedia.org/wik... , there is a reference to the common bunghole arrangement with one 2-inch (50.8 mm) NPT and one 3⁄4-inch (19 mm) NPT threaded bunghole on opposite sides of the top head of the barrels. link via the bunghole link on that page. There is along with some technical stuff, a little Hamlet, and even some Beavis and Butthead and The Great Cornholio, and even some calypso steel drum references there. Nope, warn't a joke - just an old pirate rambling.
posted by
marksremarks
on Apr 23, 2008 at 12:55 PM
This has got to be a joke. Right? Get an overhead tank and you can get it cheaper. Still have to pay Fed and State Tax and probably be violating 19 different safety laws. 19.5 gal gas after paying for refining, tranportation etc
Roy Mark posted by
sandwichh
on Apr 23, 2008 at 12:36 PM
When you buy oil for the boat it comes in 42 gal drums? Oil was standardized for figuring sales at 42 gals for a "barrel" back in the 1800's. No doubt we are getting raped. When we have had enough we can change it. For sure, no matter who gets elected in the run they will be for the big money people, those who have the paid lobbyist.
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