Anyone know a good graph showing oil prices vs gasoline prices?

Or if not an actual graph, just the data? Something that covers maybe a few decades? And with lots of time points, showing the lag in gas price decline when oil declines, and the quick increase in gas when oil rises?

This is some bullshit. Gas is $4.29 here, even as oil plunges.

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Cuz none of those variables came into play when gas was $2 a gallon. :eyes:

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at all.

china has, on average, a 5% year on year increase in it's fossil fuel usage.

That would never effect price.

There hasn't been a large discovery of oil, on a scale that is needed to keep things status quo, in the world in the last 30 years.

Oil is now being extracted from sands and tar fields. Oil is now being drilled at depths of 12 thousand feet.

Yeah, there is plenty out there, but it's getting harder and harder to get.

peak oil is not about running out, it never has been. It's been about meeting demand.

we are going to hit 7 billion people very soon. and by 2050 there will be 10 billion.

china is adding over 1500 million cars to roads daily.(that's almost 600,000 cars yearly) "America pioneered the motorization of human society and leads the world in auto ownership today, with more than one auto for every licensed driver. But with vehicle growth rates over the past decade slowing to around 1 percent to 2 percent a year in the U.S., Western Europe, and Japan, most vehicle growth is now in emerging nations. As the world gets richer, private car use will zoom ahead, especially among the 2.4 billion citizens of China and India. Beijing alone now adds nearly 1,500 cars to its roads every day." That's just Beijing. (http://e360.yale.edu/content/feature.msp?id=2128)

This doesn't even include the asphalt needed to pave those same roads.

Yeah, just try to get it back down to 35 bucks a gallon. The EROEI is alone to justify at least $70 barrel of oil. That doesn't include profit and transport.

People love to blame the speculators, while they do have an element added to the price, they alone aren't to blame. We use oil, the world uses oil. Everything uses oil. Yet, we get all bent out of shape when the price goes up. As if nothing else as any bearing on the price.

We live on a ship of fools.