2012 Fuel Costs

[Just Sold]

So with everyone watching and waiting for Ice Out plus gas prices skyrocketing daily. $4.19 in MA was seen by Broadhopper and I saw $3.72 in Sanford ME today. What are people thinking prices at the lake will be this summer? Will you limit your boating, less cruising, drop anchor and stay in one place more, not use the boat at all or what? I know I am thinking there could be some limits on my boating especially since I have a 60 gallon tank and a 5.7 V8.

[crowsnest]

I think the money people have invested in their boats / dock space or (taxes if you own waterfront) throwing 20 or 30 more bucks into the tank to do something they enjoy and look forward to all winter is not going to change the out come of the short boating season we have. Lets face it most of our boats cost more than our cars we drive. thats just my feeling

25 DAYS TILL SPRING !!!

[Bear Island South]

I agree 100%, we are not going to change our plans of coming to the lake every weekend.
We will probably eat less steak tips from the butcher instead.

Last year we started the season 4/23 with a full tank of gas in our 22' Monterey, I made it to July 3rd before we gased up again.

I have a smaller boat with a 25 hp outboard, it got alot more use for running errands to and from the island and with portable tanks, the gas is cheaper at the land pumps.

[Lakegeezer]

If gas prices spike again, it is time to revisit the issue of rafting. Too many new no-rafting areas have been designated in the past decade, squeezing those who wish to anchor for the day into fewer locations. It has come to the point that even if you are boating alone - not trying to raft with friends - there are just too many boats in your favorite coves to anchor legally. One way to address the problem would be to retroactively change the no-rafting designation to a permit process. If the permit was good for 5 or 10 years, it would force a renewal process to retain the special privilege. The number of no-rafting areas is out of control and we need a way to regain weekend access rights to some of the best parts of the lake - so boat owners can save gas.

[Blue Thunder]

If the predicted prices of $5 per gallon by Memorial Day come to fruition, that will bring this perceived economic recovery to it's knees. I don't care who you are, $5 gas will definitley get you thinking and changing your habits.

BT

[Bear247]

We only get to spend a certain amount of time on the Lake. So I am not about to let the boat sit tied up to the dock during the limited amount of time I get to spend there... Like B.I.S said maybe cut down a little on the trips to the Butcher. Who I am I kiding that wont happen either. I guess I better start saving my cans now....

[Happy Gourmand]

Considering all the other costs associated with boat ownership....payments, maintenance, winter storage, slip costs, insurance, etc....the overall difference in cost to run it for your normal number of hours is pretty small, even at a buck or a buck and a half more per gallon for gas. Figure yours out, you'll be surprised, then get out on the water!!

[Bear Island South]

Originally Posted by Bear247

We only get to spend a certain amount of time on the Lake. So I am not about to let the boat sit tied up to the dock during the limited amount of time I get to spend there... Like B.I.S said maybe cut down a little on the trips to the Butcher. Who I am I kiding that wont happen either. I guess I better start saving my cans now....

Those cans that we empty in NH will have to be transported back to MA, no deposit in the granite state...hmmm sound like a Seinfeld episode

[Bear247]

Originally Posted by Bear Island South

Those cans that we empty in NH will have to be transported back to MA, no deposit in the granite state...hmmm sound like a Seinfeld episode

We just need the postal truck...

[codeman671]

Originally Posted by The Phantom Gourmand

Considering all the other costs associated with boat ownership....payments, maintenance, winter storage, slip costs, insurance, etc....the overall difference in cost to run it for your normal number of hours is pretty small, even at a buck or a buck and a half more per gallon for gas. Figure yours out, you'll be surprised, then get out on the water!!

Very true. How much gas does the occasional recreational weekender really burn in a summer? We use a lot of fuel but we also spend over 125 hours per year on the water under power- usually in short, throttled up runs. Thats just part of island life. I fill at least every other weekend, sometimes every one. If I spend an extra $600-800 over the year not to modify my summer it's not the end of the world.

[fatlazyless]

Higher gas prices could lead to more money problems which then contributes to more suicides. If I remember correct, Moultonborough had six suicides in 2006, when the local economy was pretty strong, so maybe 5-dollar gas will become a suicide price.

Just picture this down at the local Irving: "Oh my gawd, these high gas prices are just too much, and I cannot take it anymore..................ka-bang!"

[Happy Gourmand]

Originally Posted by fatlazyless

Higher gas prices could lead to more money problems which then contributes to more suicides. If I remember correct, Moultonborough had six suicides in 2006, when the local economy was pretty strong, so maybe 5-dollar gas will become a suicide price.

Just picture this down at the local Irving: "Oh my gawd, these high gas prices are just too much, and I cannot take it anymore..................ka-bang!"

From another post.... STIFLE !!

[Belmont Resident]

You figure with all the extra money spent on fuel commuting to work and around town then the extra fuel cost to get to the lake. It all adds up to a lot more than you think. Ya 20-30 more for your boat but add that to how much more your spending weekly just to run your car and you could be talking hundreds a more each month.
That will hurt anyone.
I have noticed less and less people passing us on our trek to Maine. In fact with my cruise set to 65 I was amazed at how many people we passed.

[Blue Thunder]

Originally Posted by Belmont Resident

You figure with all the extra money spent on fuel commuting to work and around town then the extra fuel cost to get to the lake. It all adds up to a lot more than you think. Ya 20-30 more for your boat but add that to how much more your spending weekly just to run your car and you could be talking hundreds a more each month.
That will hurt anyone.
I have noticed less and less people passing us on our trek to Maine. In fact with my cruise set to 65 I was amazed at how many people we passed.

That was my point.... but you stated it so much better!!!! The Big Picture.

[jack1706]

Forget about even rafting!

It will be too expensive to even get on the lake!

It is a sad forecast......
It will be all we can do to get to the lake let alone be on it with these prices......

[Belmont Resident]

Originally Posted by jack1706

Forget about even rafting!

It will be too expensive to even get on the lake!

It is a sad forecast......
It will be all we can do to get to the lake let alone be on it with these prices......

There was a short peice stating that before Obama was elected gas was $1.80 something a gallon. God help us if he gets re-elected.
Not that any of the alternatives look a whole lot better.

[garysanfran]

Coming, soon, to a station near you!

[SAB1]

I agree with Blue Thunder, $5/gallon will lead to drastic changes on the lake. A few years ago when it was $4/gal there was less boat activity. But realistically, if it gets that high I agree, the recovery comes to a screatching halt. It won't stay there that long anyway. Obama couldn't afford that for his re-election bid.

[JPC]

Originally Posted by Belmont Resident

There was a short peice stating that before Obama was elected gas was $1.80 something a gallon.

2008 wasn't to long ago. Bush was in office and gas was over $4.00/gal. Or did you forget?

[Bear247]

Does anyone remember what year it was when gas cost $1.80 a gallon??

[Lakegeezer]

Here's a chart that shows the historical average price of gas http://gasbuddy.com/gb_retail_price_chart.aspx. Click on the 6 year view once there. It was the rise over $4 that helped trigger the recession in June 2008 - and prices were about what they are today till the end of summer. Boat traffic was way down that year. Prices fell to 1.61 by December 2008 as the financial panic caught steam and then quickly returned to the mid $2's and went above $3 in early 2011.

[ITD]

Originally Posted by Belmont Resident

There was a short peice stating that before Obama was elected gas was $1.80 something a gallon. God help us if he gets re-elected.
Not that any of the alternatives look a whole lot better.

Come on BR, he's going to fix it with algae.

[BobbyA]

Originally Posted by Blue Thunder

If the predicted prices of $5 per gallon by Memorial Day come to fruition, that will bring this perceived economic recovery to it's knees. I don't care who you are, $5 gas will definitley get you thinking and changing your habits.

BT

You`re right Blue Thunder. Took the words right out of my mouth!!! Screw the middle east. CUT OFF THEIR AID,,,,,,,TO ALL OFF THEM!!!!! They are have been fighting among each other for a thousand years. Lets get out of there!!!

[Belmont Resident]

Originally Posted by ITD

Come on BR, he's going to fix it with algae.

What is wrong with this country? Politicians! ALL of them.

[Belmont Resident]

That was one of those times where you want to say more but you know you can't, but you wish you could.

[trfour]

Originally Posted by Belmont Resident

What is wrong with this country? Politicians! ALL of them.

Pockets fill pockets... A 'daffy-nition of Big O'l, and Government!
Nothing has changed, or will, as long as we are paying for it!!

Terry
____________________

[Coastal Laker]

It's so easy for us to just say, "well it's only another this or that much more." So for example, at $3.69 a gallon, I did the math, my 110 mile daily commute costs me 16.91 a day. At $4, that grows to 18.33 only $1.42 more a day or $25.56 a month (18 days of commuting).

What's another $26 a month... I can handle it... and then next month it's another 20 something, and the next month it's another 20 something. then all of a sudden we wonder where all the money's going since things are starting to feel a bit tight.

What about the not wanting to give up riding around in the boat, or the snowmobile, or the ATV, or the motorcycle, or scooter, or whatever. But then there's the lawn mower, leaf blower, snowblower, weed whacker, etc.

How do you suppose it's so easy for a whole lot of nothing to happen to stop the gouging? We accept it. What else are we going to do?

[surfnsnow]

stay tuned for the pols to start talking about investigating price gouging.happens every time we get near $4.00/gal. never seem to find out the results of thier investigation however.

[NoRegrets]

So there are many pricing pressures and equations setting the price of gas. The closing of refineries by epa forced costly upgrades, commodities gaming, media hype, etc. The commodities modernization act of 2000 allowed speculation buying on energy by anyone for the first time since 1907 (my opinion the worst crime done to us by our elected officials in the past 40 years).

I wonder what the flooding of dollars (QE1 and QE2) has done to devalue our currency. Gold, Copper, and most commodities have gone to record levels so shouldn't oil have done the same? Since we printed hundreds of billions of dollars should anyone that owns commodities take less valuable dollars in trade?

I think the high gas price was a calculated trade off by our current elected administration. Print out dollars, spread the money to states, unions, bailouts, cash for clunkers, jobs and the stimulus plan and brace for the payback.

We will be on the boat as much as ever but not happy about the extra cost because I believe the current inflation (or devaluation of the dollar) was a very stupid move by Mr. Obama's cabinet leaders and czars (treasury and energy).

[ishoot308]

Originally Posted by NoRegrets

So there are many pricing pressures and equations setting the price of gas. The closing of refineries by epa forced costly upgrades, commodities gaming, media hype, etc. The commodities modernization act of 2000 allowed speculation buying on energy by anyone for the first time since 1907 (my opinion the worst crime done to us by our elected officials in the past 40 years).

I wonder what the flooding of dollars (QE1 and QE2) has done to devalue our currency. Gold, Copper, and most commodities have gone to record levels so shouldn't oil have done the same? Since we printed hundreds of billions of dollars should anyone that owns commodities take less valuable dollars in trade?

I think the high gas price was a calculated trade off by our current elected administration. Print out dollars, spread the money to states, unions, bailouts, cash for clunkers, jobs and the stimulus plan and brace for the payback.

We will be on the boat as much as ever but not happy about the extra cost because I believe the current inflation (or devaluation of the dollar) was a very stupid move by Mr. Obama's cabinet leaders and czars (treasury and energy).

Very well said!! You hit the nail on the head!!... and hang on because QE3 is right around the corner!

[ITD]

Maybe I'm having an FLL moment here, but if algae is indeed the answer maybe we can scoop up CyanoBacteria blooms this summer and put them in our tanks to run our boats.

[AB_Monterey]

This is pretty good:

http://www.youtube.com/watch?v=j2AvU2cfXRk

[John A. Birdsall]

I seem to think that those that are watersking might take a second thought on boating doing that, taking off from a dead stop witth a loaded skier really eats up the gas, so perhaps we will see less of that this year. I am preparing my gas slips rebate for last year and I am sure I will be cutting back on the operation of my boat. I hope I get my registration soon.

[dutchie4]

We are putting a bimini top on our boat and doing alot more anchoring and less cruising!

[AmericanBoatClub]

Fuel is a tough thing to avoid if you want to use your precious lake time for boating and enjoying our wonderful lake. As many have pointed out it makes you end up cutting back on other things, it would be nice to boat as much as you like and still save money.

If only there was a way to avoid having to buy the boat, store it, winterize it, rent a slip, fix it, clean it, and insure it.

[Dave R]

I guess I picked the right year to end my 104 mile round-trip daily commute to MA and start working from my NH home.

[trfour]

Sign Of The Times.

Terry
_________________________

[CGI3]

A year from now, when Obama is in his 2nd term, we will all be saying "remember when gas was only 4.00 per gallon" ..You heard it here 1st.

[Happy Gourmand]

Originally Posted by AmericanBoatClub

Fuel is a tough thing to avoid if you want to use your precious lake time for boating and enjoying our wonderful lake. As many have pointed out it makes you end up cutting back on other things, it would be nice to boat as much as you like and still save money.

If only there was a way to avoid having to buy the boat, store it, winterize it, rent a slip, fix it, clean it, and insure it.

Shameless...I love it!!

[sunsationdave]

Hello ABC
As soon as you get a bigger cruiser 30+ ft twin or single
I will sell my boat and become a life time member
when will you have a bigger cruiser any time soon
very intrested in your club just would like a 30+ ft boat
I would have allot more money for fuel

[MAXUM]

When Bush was in office $4 gas was the result of in the words of Obama "the failed energy policy of those in Washington". He further said in August 2008 rising energy costs to be "one of the most dangerous and urgent threats this nation has ever faced" and that gas prices "are wiping out paychecks and straining businesses."

Now that it's happened on his watch he publicly runs around in blames everyone else. In reality if you look at what he has done in regards to monetary policy, failure to deal with the chaos in the middle east, and finally purposely putting road blocks up to produce and develop our own natural resources is it any wonder this is happening? Nope I dare say this is not only intentional but specifically part of his overall agenda. .

[AmericanBoatClub]

Originally Posted by sunsationdave

Hello ABC
As soon as you get a bigger cruiser 30+ ft twin or single
I will sell my boat and become a life time member
when will you have a bigger cruiser any time soon
very intrested in your club just would like a 30+ ft boat
I would have allot more money for fuel

You will be the first to know as soon as it happens!

[AC2717]

Originally Posted by MAXUM

When Bush was in office $4 gas was the result of in the words of Obama "the failed energy policy of those in Washington". He further said in August 2008 rising energy costs to be "one of the most dangerous and urgent threats this nation has ever faced" and that gas prices "are wiping out paychecks and straining businesses."

Now that it's happened on his watch he publicly runs around in blames everyone else. In reality if you look at what he has done in regards to monetary policy, failure to deal with the chaos in the middle east, and finally purposely putting road blocks up to produce and develop our own natural resources is it any wonder this is happening? Nope I dare say this is not only intentional but specifically part of his overall agenda. .

Not that I want to start the political thing either nor run astray, the month Obama took office average gas prices in the country were $1.90 per gallon. Look it up.

[Boater]

Originally Posted by AC2717

Not that I want to start the political thing either nor run astray, the month Obama took office average gas prices in the country were $1.90 per gallon. Look it up.

Actually gas prices did spike up over $4 under Bush but he opened up some offshore oil leases and the prices came back down.

Domestic supply is high right now because of the leases that the Bush administration approved. Of course the current president takes credit for it at the same time he tries to crush all fossil fuel production in this country. Meanwhile China is currently building 27 nuclear plants (we're building 0) and buying every drop of oil in sight. They understand that energy is needed for economic expansion and the welfare of their people.

Remember that Obama has said that he wants gas prices over $5. Look it up. He thinks that if gas is prohibitively expensive we'll all switch to bicycles and high-speed rail. How will that work out in the Lakes Region?

[Belmont Resident]

Originally Posted by AC2717

Not that I want to start the political thing either nor run astray, the month Obama took office average gas prices in the country were $1.90 per gallon. Look it up.

I was told $1.80 so I posted that earlier, but states do differ.
The only people who are and will benefit from obama are those getting free handouts from him. He is great at giving especially when he’s never going to have to pay a dime for it. But our kids and their kids will.
He is once again in that say anything to get elected mode.

[SIKSUKR]

Originally Posted by MAXUM

Now that it's happened on his watch he publicly runs around in blames everyone else.

Not my President OBlame a.

[AC2717]

and with my 1,000th post:

Who knows what will a couple months bring, and it does sicken me, but if my family and I want to have fun I have to make sure I can pay the piper!!

We need to get speculators out of the oil business, that is one thing for certain.

and I CANNOT WAIT TO GET BACK TO THE LAKE TO SOME NICE LAKE ATMOSEPHERE, FIRE PIT, and DRINKS

[Steveo]

Originally Posted by AC2717

Not that I want to start the political thing either nor run astray, the month Obama took office average gas prices in the country were $1.90 per gallon. Look it up.

Should Obama get credit for that or maybe God forbid you give it to his predecessor.

When Obama takes office for his second term the price of gas will be $4.90 per gallon. I won't blame that on Obama, just his predecessor....oh wait!

[Happy Gourmand]

No doubt politics and Wall Street are having some effect of the prices we see at the pump. But I also wonder if all the bull crap over in the Middle East is making the biggest difference?
At least one candidate (who is no longer a candidate) promised us $2 a gallon gas if he was to become our next President.
Would you agree that our current President would lower the price to $2 a gallon before the November election, if he could, to guarantee re-election?
IMO I think the President has less to do with gas prices than any on the other 3 reasons mentioned above.

[Belmont Resident]

Originally Posted by The Phantom Gourmand

No doubt politics and Wall Street are having some effect of the prices we see at the pump. But I also wonder if all the bull crap over in the Middle East is making the biggest difference?
At least one candidate (who is no longer a candidate) promised us $2 a gallon gas if he was to become our next President.
Would you agree that our current President would lower the price to $2 a gallon before the November election, if he could, to guarantee re-election?
IMO I think the President has less to do with gas prices than any on the other 3 reasons mentioned above.

From what I have been told the government has a lot more control over gas prices then we are lead to believe. I for one would not be surprised to find obama manipulates the prices so that he looks good during an election year. I don’t trust him at all.
Isn’t it sad, 20 years ago you would not hear of people talking such trash about the President of our country. Today you hear it on a regular basis.
Considering what we have to chose from I don’t see it ending any time soon.

[Bear247]

Originally Posted by AC2717

and with my 1,000th post:

Who knows what will a couple months bring, and it does sicken me, but if my family and I want to have fun I have to make sure I can pay the piper!!

We need to get speculators out of the oil business, that is one thing for certain.

and I CANNOT WAIT TO GET BACK TO THE LAKE TO SOME NICE LAKE ATMOSEPHERE, FIRE PIT, and DRINKS

I second the atmosephere, fire pit and drinks. Let's get it going ...

[MAXUM]

Originally Posted by The Phantom Gourmand

No doubt politics and Wall Street are having some effect of the prices we see at the pump. But I also wonder if all the bull crap over in the Middle East is making the biggest difference?
At least one candidate (who is no longer a candidate) promised us $2 a gallon gas if he was to become our next President.
Would you agree that our current President would lower the price to $2 a gallon before the November election, if he could, to guarantee re-election?
IMO I think the President has less to do with gas prices than any on the other 3 reasons mentioned above.

Clearly the Prez isn't setting the price from the oval office, thankfully we haven't gone that far off the cliff yet. However indirectly policy decisions that are made certainly would send signals to the markets that in turn drive the cost.

Since the middle east is the largest supplier of oil to the global market, any disruptions to that supply or even threats thereof would have an impact. Perception feeds speculation. Furthermore any US involvement (or lack thereof) to keep the region stable plays into that equation.

It's a bit disingenuous that any candidate promise gas to be sold at any particular price, that's just playing politics to score points. However there is no question that as I pointed out earlier that the president can influence the price indirectly by signaling either a friendly or hostile position in dealing with fossil fuel supply, refinement and use. Currently the smoke signals from DC are hostile in nature.

High gas prices are toxic to any president's approval rating and therefore so are his re-election chances. You can bet that if the people surrounding the current president believe this to be a big enough factor action will be forthcoming to reduce the price at the pump. It's anyone's guess what they will try to accomplish this since there is no question the current administration is not interested in about keeping the prices down.

One final thing, the cost of oil is set based on the value of the US dollar. Over the past few years with these 'quantitative easing' attempts, two thus far by the fed have flooded the market with essentially printed dollars resulting in deluding it's value. The US dollar is worth less so it takes more dollars to buy stuff. This drives inflation big time so the fact oil costs more can also be attributed to this as well. Whether or not it can be argued these QE programs by the fed have been successful in their intended purpose, the consequences are predictable, inflation, to what extent remains to be seen.

If gas prices to get as high as anticipated it's really going to wreak havoc on an already weak economy in the lakes region and north country of NH which is heavily dependent on tourism.

[Kamper]

If you can't afford to cruise and there's no place to raft, the only thing left is drifting. Folks will head up-wind, drop the sock, and bob all day. With luck you can get 6 hours from the Garden to Treasure.

[Happy Gourmand]

Originally Posted by MAXUM

Clearly the Prez isn't setting the price from the oval office, thankfully we haven't gone that far off the cliff yet. However indirectly policy decisions that are made certainly would send signals to the markets that in turn drive the cost.

Since the middle east is the largest supplier of oil to the global market, any disruptions to that supply or even threats thereof would have an impact. Perception feeds speculation. Furthermore any US involvement (or lack thereof) to keep the region stable plays into that equation.

It's a bit disingenuous that any candidate promise gas to be sold at any particular price, that's just playing politics to score points. However there is no question that as I pointed out earlier that the president can influence the price indirectly by signaling either a friendly or hostile position in dealing with fossil fuel supply, refinement and use. Currently the smoke signals from DC are hostile in nature.

High gas prices are toxic to any president's approval rating and therefore so are his re-election chances. You can bet that if the people surrounding the current president believe this to be a big enough factor action will be forthcoming to reduce the price at the pump. It's anyone's guess what they will try to accomplish this since there is no question the current administration is not interested in about keeping the prices down.

One final thing, the cost of oil is set based on the value of the US dollar. Over the past few years with these 'quantitative easing' attempts, two thus far by the fed have flooded the market with essentially printed dollars resulting in deluding it's value. The US dollar is worth less so it takes more dollars to buy stuff. This drives inflation big time so the fact oil costs more can also be attributed to this as well. Whether or not it can be argued these QE programs by the fed have been successful in their intended purpose, the consequences are predictable, inflation, to what extent remains to be seen.

If gas prices to get as high as anticipated it's really going to wreak havoc on an already weak economy in the lakes region and north country of NH which is heavily dependent on tourism.

Maxum, I agree with you...lots of factors at work here.
The point I was trying to make is that the price of gas is dependent on many factors and one entity or individual may be able to invoke some influence regarding the final price, but the fact of the matter is that there is a very complicated "machine" with many "operators" that will determine the final outcome and thus the price.

[LIforrelaxin]

So I have been away for a while, just trying to not thing about the lake... But over the last few weeks my thoughts have turned back to the lake. And the gas prices have gotten me thinking. I have survived high gas prices before and didn't let it effect my boating and traveling habits. However this time things are different.... Before I always saw high gas prices as a temporary inconvience. However at this point there is no end in sight to the ever rising gas prices. Couple that with now being a family man, and having to worry not only about my self but also my wife and children. I believe this year will see changes in my habits. With the cost of fuel, I don't believe I will be at the lake every weekend. That alone will cut down on the hours I spend on the boat. I also believe that taking the boat for short meaningless rides around the island will probably also be cut down. However The long rides where I truely enjoy what the lake has to offer, will still happen... And of course the week I am on vacation, I will live on the boat.

In short the quality boating is going to continue to happen. However the ride friday night to unwhined after the trip, and the ride Sunday, just before going home are not going to be as frequent.

[TheProfessor]

Originally Posted by The Phantom Gourmand

No doubt politics and Wall Street are having some effect of the prices we see at the pump. But I also wonder if all the bull crap over in the Middle East is making the biggest difference?
At least one candidate (who is no longer a candidate) promised us $2 a gallon gas if he was to become our next President.
Would you agree that our current President would lower the price to $2 a gallon before the November election, if he could, to guarantee re-election?
IMO I think the President has less to do with gas prices than any on the other 3 reasons mentioned above.

Finally some sanity to the discussion.

If any person in Washington, DC had control of gas prices then the price woud go down.

Some news reports state that up to $15.00 per barrel of gas is raised by Wall Street speculators.

Most don't realize that when a tanker fills up in the Middle East that oil may be bought and sold a dozen times before it gets to ports in US.

Most don't understand commodity trading and prefer not to learn about such.

Construct more refineries. Not in my back yard. And liability issues.

[NoRegrets]

Originally Posted by TheProfessor

Finally some sanity to the discussion.

If any person in Washington, DC had control of gas prices then the price woud go down.

Some news reports state that up to $15.00 per barrel of gas is raised by Wall Street speculators.

Most don't realize that when a tanker fills up in the Middle East that oil may be bought and sold a dozen times before it gets to ports in US.

Most don't understand commodity trading and prefer not to learn about such.

Construct more refineries. Not in my back yard. And liability issues.

I no longer believe what I read in the news or rely on headline facts to support my decision or positions. Research the refineries and pipeline companies and you will be amazed at how many there are. Most are efficient, safe, and have mature operations. Refined oil is now oue of our countries largest export items and is the largest industry (minus defense) that works to reverse our trade inbalance. Look into the HollyFrontier Corporation (HFC) as reference. They have a great website to visit to enlighten you on the business model and complexities. They also are major owner in a pipline company.

EPA regulations set by the Secretary of Energy has everything to do with the price of fuel. The largest refinery in the world closed in last month. Reason? They had a 700 million dollar EPA mandated refit. They could not make a profit so the shut down. They were on St. Croix, the largest employer of the Island, and most of the gas was targeted on the east coast. Three gas refineries on the east coast are now off-line due to EPA retrofits. EPA is dragging its feet on permits. Five coal fired electric plants are closing in Pennsylvania and two in New Jersey due to EPA rules. Look for brownouts this summer.

Oil got to 145 dollars per barrel in 2005 and the president signed an energy policy opening drilling. The barrel price dropped to 40 dollars per barrel and gas dropped to 1.90 per gallon. Nothing else changed in the world. No new discoveries, Wars still in Iraq and Afghanistan, etc.

The current president appointed Steven Chu as Secretary of Energy. That pair is has been poison to "fossil" energy which in turn is the life blood of our economy. Go to the CSPAN website and watch the congressional hearings with the Secretary of energy and you will listen to the link of the administration to the gas price from the horse’s mouth!

[ITD]

Originally Posted by NoRegrets

I no longer believe what I read in the news or rely on headline facts to support my decision or positions. Research the refineries and pipeline companies and you will be amazed at how many there are. Most are efficient, safe, and have mature operations. Refined oil is now oue of our countries largest export items and is the largest industry (minus defense) that works to reverse our trade inbalance. Look into the HollyFrontier Corporation (HFC) as reference. They have a great website to visit to enlighten you on the business model and complexities. They also are major owner in a pipline company.

EPA regulations set by the Secretary of Energy has everything to do with the price of fuel. The largest refinery in the world closed in last month. Reason? They had a 700 million dollar EPA mandated refit. They could not make a profit so the shut down. They were on St. Croix, the largest employer of the Island, and most of the gas was targeted on the east coast. Three gas refineries on the east coast are now off-line due to EPA retrofits. EPA is dragging its feet on permits. Five coal fired electric plants are closing in Pennsylvania and two in New Jersey due to EPA rules. Look for brownouts this summer.

Oil got to 145 dollars per barrel in 2005 and the president signed an energy policy opening drilling. The barrel price dropped to 40 dollars per barrel and gas dropped to 1.90 per gallon. Nothing else changed in the world. No new discoveries, Wars still in Iraq and Afghanistan, etc.

The current president appointed Steven Chu as Secretary of Energy. That pair is has been poison to "fossil" energy which in turn is the life blood of our economy. Go to the CSPAN website and watch the congressional hearings with the Secretary of energy and you will listen to the link of the administration to the gas price from the horse’s mouth!

You've nailed it Noregrets, nailed it.

[John A. Birdsall]

Originally Posted by Coastal Laker

It's so easy for us to just say, "well it's only another this or that much more." So for example, at $3.69 a gallon, I did the math, my 110 mile daily commute costs me 16.91 a day. At $4, that grows to 18.33 only $1.42 more a day or $25.56 a month (18 days of commuting).

What's another $26 a month... I can handle it... and then next month it's another 20 something, and the next month it's another 20 something. then all of a sudden we wonder where all the money's going since things are starting to feel a bit tight.

What about the not wanting to give up riding around in the boat, or the snowmobile, or the ATV, or the motorcycle, or scooter, or whatever. But then there's the lawn mower, leaf blower, snowblower, weed whacker, etc.

How do you suppose it's so easy for a whole lot of nothing to happen to stop the gouging? We accept it. What else are we going to do?

*******************************************
put all the gas toys away, replace the gas mower with the hand mower, the snow blower with the snow shovel, the ATV with a single speed fat tire bike, and the boat, put oars on it and row row row your boat. You will feel better in the morning. (especially if your rowing that cigerette boat and trying to keep it under 45 mph.

[Lakegeezer]

Originally Posted by NoRegrets

Oil got to 145 dollars per barrel in 2005 and the president signed an energy policy opening drilling. The barrel price dropped to 40 dollars per barrel and gas dropped to 1.90 per gallon. Nothing else changed in the world. No new discoveries, Wars still in Iraq and Afghanistan, etc.

After 2005, gas prices continued to rise, until it hit over $4 in the summer of 2008. That was one of the triggers that destabilized the economy, that really broke in October, by reducing driving and along with it, consumer sales. Another spike over $4 a gallon this summer could set spending back again. This is good for the ecology of the lake, but tough on too many people.

[NoRegrets]

Originally Posted by Lakegeezer

After 2005, gas prices continued to rise, until it hit over $4 in the summer of 2008. That was one of the triggers that destabilized the economy, that really broke in October, by reducing driving and along with it, consumer sales. Another spike over $4 a gallon this summer could set spending back again. This is good for the ecology of the lake, but tough on too many people.

You are right. Energy is the backbone to our economy. It may take years to see impact from policy to consumer price. These situations are muti-dimensional to say the least. I do not like wall street speculation on energy and would like to see the law that allowed it reversed. Speculation activity seems to sling-shot price with no regard to value.

There is a balance that is needed to keep a healthy planet, society, and economic model. You cannot stop spending or spend too much. You need to be conservative at times and liberal when appropriate.

[Sunset View]

Originally Posted by SIKSUKR

Not my President OBlame a.

He has to go!

[Sunset View]

Originally Posted by Steveo

Should Obama get credit for that or maybe God forbid you give it to his predecessor.

When Obama takes office for his second term the price of gas will be $4.90 per gallon. I won't blame that on Obama, just his predecessor....oh wait!

I think the vast majority of the country upon reflection would would George Bush back.........he had his faults like all of us, but he truly cared about the constitution, our country, our extraordinary brave troops and never backed down from those that threatened the USofA. Let's keep on living with apologies, needing permission to protect liberty and redistributing wealth back to those that don't want anything but entitlements......$5 a gallon.........Bring back GWB!

[Happy Gourmand]

Originally Posted by Sunset View

I think the vast majority of the country upon reflection would would George Bush back.........he had his faults like all of us, but he truly cared about the constitution, our country, our extraordinary brave troops and never backed down from those that threatened the USofA. Let's keep on living with apologies, needing permission to protect liberty and redistributing wealth back to those that don't want anything but entitlements......$5 a gallon.........Bring back GWB!

That's the scariest thing I've ever read on this forum. And, what does that have to do with the price of gas for your boat?

[Belmont Resident]

Originally Posted by John A. Birdsall

*******************************************
put all the gas toys away, replace the gas mower with the hand mower, the snow blower with the snow shovel, the ATV with a single speed fat tire bike, and the boat, put oars on it and row row row your boat. You will feel better in the morning. (especially if your rowing that cigerette boat and trying to keep it under 45 mph.

Boats going away for me and that will leave enough for the other things (snowmobiles, ATV's and new vehicle) with money to spare.

[This'nThat]

Originally Posted by The Phantom Gourmand

Would you agree that our current President would lower the price to $2 a gallon before the November election, if he could, to guarantee re-election?

Here's a quote from our so-called president:
"Under my plan of a cap and trade system, electricity would necessarily skyrocket." -Barack Obama

And another one: "If somebody wants to build a coal power plant they can, it's just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that's being emitted," -Barack Obama

And here's what he said when he canceled the Keystone pipeline that has been studied for 3 years, and which would be layed through Nebraska which already has hundreds of miles of similar pipelines: "The rushed and arbitrary deadline insisted on by Congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment." -Barack Obama

So, the answer is: NO. He has no interest in lowering gas prices. Faux environmentalism is way too important for that.

[Happy Gourmand]

Originally Posted by This'nThat

Here's a quote from our so-called president:
"Under my plan of a cap and trade system, electricity would necessarily skyrocket." -Barack Obama

And another one: "If somebody wants to build a coal power plant they can, it's just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that's being emitted," -Barack Obama

And here's what he said when he canceled the Keystone pipeline that has been studied for 3 years, and which would be layed through Nebraska which already has hundreds of miles of similar pipelines: "The rushed and arbitrary deadline insisted on by Congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment." -Barack Obama

So, the answer is: NO. He has no interest in lowering gas prices. Faux environmentalism is way too important for that.

So many quotes, all out of context. You missed my point that a sitting president has little power to raise or lower gas prices on his own. I still believe that our current President, or any future President seeking reelection, would, if he/she could, lower the price of gas to garner enough votes to insure his/her reelection.

[SIKSUKR]

Originally Posted by The Phantom Gourmand

That's the scariest thing I've ever read on this forum. And, what does that have to do with the price of gas for your boat?

The scariest thing I've read is people thinking this administration is heading us in the right direction.

[Lakegeezer]

Originally Posted by SIKSUKR

The scariest thing I've read is people thinking this administration is heading us in the right direction.

It is best to avoid political statements in this forum, because it is not appropriate to continue the debate.

[MAXUM]

Not only are gas prices on the rise, but pay very close attention to what's going on in regards to upping the ethanol content in gas to 15%. Not only is Ethanol bad for any internal combustion engine, but the stuff can't be produced without significant government subsidies so that adds to the price of gas production and indirectly the cost at the pump. Such past success apparently needs to be rewarded by upping the content. That's nanny state brilliance at it's finest.

[Winnisquamguy]

Originally Posted by MAXUM

Not only are gas prices on the rise,

They have actually gone down for the first time in 12 weeks. Here is the article http://www.bostonherald.com/business...e_in_12_weeks/

[MAXUM]

Originally Posted by Winnisquamguy

They have actually gone down for the first time in 12 weeks. Here is the article http://www.bostonherald.com/business...e_in_12_weeks/

That only applies to MA and isn't a broad indicator of a price trending reversal.

[This'nThat]

Originally Posted by The Phantom Gourmand

So many quotes, all out of context.

Ok, so you weren't able to understand my previous quotes. My apologies. How about these; remember, now, this so-called president is telling us precisely how to get gas prices down:

1. "If we can figure out how to make energy out of algea, we'll be doing alright. Believe it or not, we could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in America." - Barack Obama
2. “Making sure your tires are properly inflated – simple thing. But we could save all the oil that they’re talking about getting off drilling – if everybody was just inflating their tires. And getting regular tune-ups? You’d actually save just as much!” - Barack Obama

Obama has no interest at all at reducing gas prices. It's all about apeasing his radical environmentalists. Because this isn't an energy policy -- it's a clear sign of pure stupidity.

[Happy Gourmand]

Originally Posted by This'nThat

Ok, so you weren't able to understand my previous quotes. My apologies. How about these; remember, now, this so-called president is telling us precisely how to get gas prices down:

1. "If we can figure out how to make energy out of algea, we'll be doing alright. Believe it or not, we could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in America." - Barack Obama
2. “Making sure your tires are properly inflated – simple thing. But we could save all the oil that they’re talking about getting off drilling – if everybody was just inflating their tires. And getting regular tune-ups? You’d actually save just as much!” - Barack Obama

Obama has no interest at all at reducing gas prices. It's all about apeasing his radical environmentalists. Because this isn't an energy policy -- it's a clear sign of pure stupidity.

I'm not inclined to get into a pi$$ing contest with you or anybody else. Yup, the current President has made some bad decisions that did not please every citizen of this great country. But then, so has every president, at least since George Washington. (Does that cover all of them?) I think we would all be better served if we could all make an effort to work WITH the current administration regardless of who might be occupying the oval office. The attitude of bipartisanship that permeates all of Washington and beyond is tearing this country apart. We're in serious trouble, let's all do what we can to work together with civility and compassion toward each other. Then, and only then will we be able to turn this sad state of affairs around and move forward to again making this the very best and most respected country in the world.

[Just Sold]

Originally Posted by Just Sold

So with everyone watching and waiting for Ice Out plus gas prices skyrocketing daily. $4.19 in MA was seen by Broadhopper and I saw $3.72 in Sanford ME today. What are people thinking prices at the lake will be this summer? Will you limit your boating, less cruising, drop anchor and stay in one place more, not use the boat at all or what? I know I am thinking there could be some limits on my boating especially since I have a 60 gallon tank and a 5.7 V8.

OK, can we get back on topic. It was not the intent of my original post (Quoted) to have a politcal debate on who did or did not do what to gas prices. You can find plenty of places on the web to have political debates on that subject. Remember this site is about the Lakes Region.

[This'nThat]

Originally Posted by Just Sold

OK, can we get back on topic.

I agree. We don't want to get reported, do we, just when we're trying to be civil?

[Happy Gourmand]

My apologies to Just Sold..... for getting

[SIKSUKR]

Maybe we need the Great Uniter himself to step in here.

[NoRegrets]

Let's have a beer summit!!!!

[Belmont Resident]

It just cost me $100 to fill the truck. With gas prices still on the rise it will be interresting to see how busy it is Memorial day weekend around the lakes region.

[garysanfran]

Originally Posted by NoRegrets

You are right. Energy is the backbone to our economy. It may take years to see impact from policy to consumer price. These situations are muti-dimensional to say the least. I do not like wall street speculation on energy and would like to see the law that allowed it reversed. Speculation activity seems to sling-shot price with no regard to value.

There is a balance that is needed to keep a healthy planet, society, and economic model. You cannot stop spending or spend too much. You need to be conservative at times and liberal when appropriate.

Let me try to explain "speculation"...Anyone who owns a share of stock is a "speculator" in what ever the segment that share of stock represents. Speculation is betting on future increase in value. This President (if he understood economics) could fire a shot over the head of "speculators" by throwing a damper on the future value of oil. If there is just a "perception" that future value of oil will be affected by today's decisions, the price will fall as stock holders sell.

Obama could announce tomorrow (or could have yesterday) that all Govt. vehicles are going to be converted to natural gas, an announcement to build the Keystone Pipeline, lift ban on Gulf drilling, open Anwar. In other words "drill, drill, drill". The price of oil will plummet as Chevron stockholders sell.


Obama said "There is nothing I can do to control gas prices". What he should have said, to be more accurate, is "I can't think of anything to do to lower gas prices".

The shape of the future depends on the decisions we make today.

[Barney Bear]

Gas tax refund application deadline for 2011 is April 15, 2012.

[This'nThat]

Originally Posted by Belmont Resident

It just cost me $100 to fill the truck. With gas prices still on the rise it will be interresting to see how busy it is Memorial day weekend around the lakes region.

My bet is that it will be very busy. My evidence: today's boating activity, 1 April, 2012. Temperature: 50 degrees, 1 week after ice-out. Weather prediction: rain/snow tonight.

And the boat traffic is very high. You have to be nuts to go out there in this temperature. But lots of people are, even with high gas prices.

[Belmont Resident]

Originally Posted by This'nThat

My bet is that it will be very busy. My evidence: today's boating activity, 1 April, 2012. Temperature: 50 degrees, 1 week after ice-out. Weather prediction: rain/snow tonight.

And the boat traffic is very high. You have to be nuts to go out there in this temperature. But lots of people are, even with high gas prices.

You should have seen downtown Laconia. Elbow to elbow on the river bridges.

[LIforrelaxin]

Originally Posted by This'nThat

My bet is that it will be very busy. My evidence: today's boating activity, 1 April, 2012. Temperature: 50 degrees, 1 week after ice-out. Weather prediction: rain/snow tonight.

And the boat traffic is very high. You have to be nuts to go out there in this temperature. But lots of people are, even with high gas prices.

People are always excited to get their boats out after winter... the question is will a high usage model continue through out the summer....

My guess is now it will not.... Boating and traveling to the lakes region is going to be a expensive proposition this summer....

I expect high usage as normal for the Memorial day, Labor day weekends, but I think the rest of the summer is not going to be.

[jrc]

Last time fuel peaked during boating season, I thought I noticed bigger crowds on holiday weekends and a big drop-off on regular summer weekends. I think people focus what little money they have and make an extra big day out of holidays then just scrimp the rest of the summer.

[LIforrelaxin]

Originally Posted by jrc

Last time fuel peaked during boating season, I thought I noticed bigger crowds on holiday weekends and a big drop-off on regular summer weekends. I think people focus what little money they have and make an extra big day out of holidays then just scrimp the rest of the summer.

I agree with JRC.....

The only reason I didn't mention the 4th of July in my post is that it is in the middle of the week....

I think this year I will be glad I also have a jetski..... 10 gallons of gas for the Jet Ski = fun all weekend long... 10 gallons of gas in the boat = one short boatride, and maybe a quick tubing run with the kids....

[Heading4thelake]

NY stock exchange today,

Heating oil up 8 cents

Gasoline up 7 1/2 cents

[Belmont Resident]

Originally Posted by LIforrelaxin

I agree with JRC.....

The only reason I didn't mention the 4th of July in my post is that it is in the middle of the week....

I think this year I will be glad I also have a jetski..... 10 gallons of gas for the Jet Ski = fun all weekend long... 10 gallons of gas in the boat = one short boatride, and maybe a quick tubing run with the kids....

I was talking with someone last week who has one, she said she can go through $30.00 of gas in a day out on the lake on her jetski. But then again at these prices thats what 5 and 6 gallons.

[LIforrelaxin]

Originally Posted by Belmont Resident

I was talking with someone last week who has one, she said she can go through $30.00 of gas in a day out on the lake on her jetski. But then again at these prices thats what 5 and 6 gallons.

Just depends on your use model.... Having water front property, I don't take the Jetski out and ride around all day.... If I take two or 3 adventures a day, I use 4 or 5 gallons..... its all relative to exactly what you are doing... Because I have also gone out on the Jet ski, exploring, and use 2/3 of my 15 gallon take in an afternoon....

[laketrout]

Does anyone know the local Lake marina gas prices?

[ishoot308]

Originally Posted by laketrout

Does anyone know the local Lake marina gas prices?

Fays was 4.29 last weekend.

Dan

[meredith weekender]

On Saturday 4/7/12

Thurstons 3.99
Lakeport 4.19