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GasBuddy News Article

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ECOtality’s eTec Awarded $100 Million

www.ecotality.com -- PHOENIX / SCOTTSDALE, Ariz. – August 5, 2009 – Electric Transportation Engineering Corporation (eTec), a subsidiary of ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, has been selected by U.S. Department of Energy for a grant of approximately $99.8 million to undertake the largest deployment of electric vehicles (EVs) and charging infrastructure in U.S. history.
eTec, as the lead applicant for the proposal, partnered with Nissan North America to deploy EVs and the charging infrastructure to support them. The Project takes advantage of the early availability of the Nissan LEAF, a zero-emission electric vehicle, to develop, implement and study techniques for optimizing the effectiveness of charging infrastructure for broad EV deployment.


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Submitted Aug 08, 2009 By: zimowski
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Why the gap in oil and gas prices? Back to Topics
REPLIES (newest first) Topic is locked
gaschicCT
All-Star Author Hartford

Posts:948
Points:240,220
Joined:Apr 2008
Message Posted: Oct 17, 2008 10:56:27 AM

Unfortunately, as I understand it, the price of crude oil and the price of gas are not equally related. What I mean is that the reduction in the percentage of the price of crude oil does not equal the reduction in the percentage in the price of gasoline that we get at the pump. I wish it did.
pulpwood
Champion Author Mississippi

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Message Posted: Oct 17, 2008 10:54:28 AM

G R E E D !
mooneagle
Champion Author Oklahoma City

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Message Posted: Oct 17, 2008 10:53:55 AM

Greedy bastards...
jcVA
Champion Author Virginia Beach

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Points:411,310
Joined:Aug 2008
Message Posted: Oct 17, 2008 10:48:19 AM

prices are going down... seems like a long time drop
slarttybartfast
Champion Author Hamilton

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Points:267,100
Joined:Jan 2007
Message Posted: Oct 17, 2008 10:47:54 AM

its obvious why the gap... someone is trying to pad their nest for fear of global depression....
w4kh
Champion Author Tennessee

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Message Posted: Oct 17, 2008 10:47:15 AM

What puzzles me most is how on earth, with our financial markets collapsing, the government dumping 3/4 TRILLION DOLLARS into the banking bailout and countless other Billions into more bail outs, and still dumping Billions daily into Iraq... How in the world can the dollar be gaining strength? As the dollar WEAKENS the price should go up, but exactly the opposite is happening... who is pulling whose puppet strings? "W", are you and DickieBoy messing with us?
Hun
Rookie Author Columbia

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Joined:Jun 2006
Message Posted: Oct 17, 2008 10:46:22 AM

wow, gas is finally coming down in NC, hope they follow.
rydsgr8
Sophomore Author Illinois

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Points:145,535
Joined:Oct 2005
Message Posted: Oct 17, 2008 10:44:32 AM

If you were a gas retailer and paid whatever for your gas yesterday, then the price goes up before you sell all of that gas, what do you think the gas is worth that is in your storage tank now? Answer: The current higher price. But on the other side, if the price goes down, and you already spent X dollars for gas yesterday, you have to keep the price high until you purchase more lower price gas to replace what you've sold.
Gas is a commodity, like wheat, corn, gold, copper blahblahblah. Like the stock market, it goes up and it goes down.
Just drive careful, and if you live in The Peoples Socialist Republic of Chicago? God help you with your gas buying experience.
DooDaa
Champion Author Massachusetts

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Message Posted: Oct 17, 2008 10:40:25 AM

opec is in a panic...
Wildman14
Champion Author Virginia

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Message Posted: Oct 17, 2008 10:40:23 AM

Demand and supply, right? Yah, they demand money and we supply.
Lizzylou
Champion Author Stockton

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Message Posted: Oct 17, 2008 10:40:19 AM

We are at $2.95 as of this morning which is actually lower than the national average which is strange for California!!
MajorSteve
Champion Author Oklahoma City

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Message Posted: Oct 17, 2008 10:39:51 AM

Duh! oil companies = greed.
FawltyPawl
Champion Author North Carolina

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Message Posted: Oct 17, 2008 10:39:46 AM

Stand by for heavy rolls.
jmuse
Champion Author Long Island

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Message Posted: Oct 17, 2008 10:39:01 AM

Stop living in the past.
EXTREMESNOW
Champion Author Medford

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Message Posted: Oct 17, 2008 10:37:22 AM

WHAT THE H$!!.....
ww2gas
Champion Author Virginia

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Message Posted: Oct 17, 2008 10:35:45 AM

The free market ain't so free.
rgb42722
Veteran Author Kentucky

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Points:117,525
Joined:May 2004
Message Posted: Oct 17, 2008 10:35:33 AM

This is old news. Since the oil companies almost went broke with $30 oil. Now since oil is coming down we will not see any much more reduction in price. It all spells GREED.
Famof5
Champion Author Greensboro

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Message Posted: Oct 17, 2008 10:35:31 AM

OPEC will start mettling with supply.
tbybee
All-Star Author Omaha

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Message Posted: Oct 17, 2008 10:34:44 AM

They always make the most money when prices are on the way down.
Don20
Champion Author Oklahoma City

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Message Posted: Oct 17, 2008 10:30:08 AM

When you take Christianity and Morals out of the picture, Greed sets in big time. Spot price for oil is down to $71.53 this morning. Pump price in Chicago should be lower..
cudatim
Champion Author San Antonio

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Message Posted: Oct 17, 2008 10:28:58 AM

I think I read this one already and wasn't impressed with it and less so this time.
HockeyLady
Champion Author New Jersey

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Message Posted: Oct 17, 2008 10:28:48 AM

some costs are fixed. Prices are still falling, so things are getting better.
montana920
Champion Author Chicago

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Message Posted: Oct 17, 2008 10:28:05 AM

can you say....TAXES Illinois ,Chicago and Cook County (can you say Todd Stroger) has the highest taxes in the country
Theczecho
Champion Author Long Island

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Message Posted: Oct 17, 2008 10:27:39 AM

When you have an administration that has been in bed with Big Oil for the last 8 years, do you really think that Big Oil will NOT take advantage of this cozy relationship in the final weeks of W's reign?
greywolves
Champion Author Las Vegas

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Message Posted: Oct 17, 2008 10:26:24 AM

its the profit margin at the refinery, stupid!
donnie08
Rookie Author Oakland

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Joined:Aug 2008
Message Posted: Oct 17, 2008 10:25:43 AM

IF GAS IS $75.00 A BARREL WHY IS THE GAS NOT 2.89 A GAL. LIKE IT HAS BEEN YEARS BE FOR WHO IS GETTING ALL THE MONEY.
cmukid87
Sophomore Author Michigan

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Message Posted: Oct 17, 2008 10:24:20 AM

At least they are going down. Can't complain there
mattf373
Champion Author Atlanta

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Message Posted: Oct 17, 2008 10:22:18 AM

its falling be patient
bug27
Champion Author Kentucky

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Message Posted: Oct 17, 2008 10:17:51 AM

Proof absolute that gouging is alive and well!
cableman31
Champion Author New York

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Message Posted: Oct 17, 2008 10:14:44 AM

Don't forget we still have to pay the GREED. That will hold up the prices.
checkum
Champion Author St. Louis

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Message Posted: Oct 17, 2008 10:13:56 AM

This proves prices are a bunch of Male Bovine Fecal Material!!!
Marson
Champion Author Scranton

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Message Posted: Oct 17, 2008 10:11:34 AM

There are market forces at work in addition to the greed.
PokerAce
Champion Author Baton Rouge

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Message Posted: Oct 17, 2008 10:08:25 AM

how many ways can they say: #@$% U.....
Hunter97
Rookie Author South Dakota

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Joined:Sep 2003
Message Posted: Oct 17, 2008 10:08:11 AM

I disagree with Tobasco. the US Dept of Energy reported for every $1 increase in crude oil price a gallon of gas at the pump increases 2.5 cents. If the increase in oil causes a specific increase at the pump, than a decrease in crude oil should also cause a specific decrease at the pump. But, there again, this never happens because of "price fixing", "market manipulation," and yes - you got it, "GREED"!
dlowe79
All-Star Author Alabama

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Message Posted: Oct 17, 2008 10:04:15 AM

So what is the real answer?
Helms
Champion Author Fort Worth

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Message Posted: Oct 17, 2008 10:04:14 AM

they're kidding right?
tigeriz
Veteran Author Maine

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Message Posted: Oct 17, 2008 10:03:51 AM

OPEC = GREED!
SilverFoxHMT
Champion Author San Diego

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Message Posted: Oct 17, 2008 10:03:03 AM

Can everyone say GREED!
rockinrog
Champion Author Ontario

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Joined:May 2006
Message Posted: Oct 17, 2008 10:02:52 AM

On Gas Buddy...they have a comparision price for today and last years prices. The average price for gas last year was 99.9 and today the average is 101.7. Oil today is around $70 a barrel, last year at the same time it was $85. So gas was cheaper when oil was more expensive. Go figure.
Can we call this CORRUPTION and GREED?????
Bruno44
Champion Author Texas

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Message Posted: Oct 17, 2008 10:01:01 AM

Correct: It is GREED!
amacquarrie
All-Star Author Nevada

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Message Posted: Oct 17, 2008 10:00:57 AM

i second that - greed
Laser917
Champion Author Minnesota

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Message Posted: Oct 17, 2008 10:00:44 AM

Good Question
scrounger
Champion Author Vancouver

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Message Posted: Oct 17, 2008 9:58:41 AM

greed
timwil
Champion Author Arkansas

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Message Posted: Oct 17, 2008 9:58:07 AM

old news
BartBuzz
Champion Author Atlanta

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Message Posted: Oct 17, 2008 9:56:15 AM

Now the oil companies feel their pain!
Chazzer
Champion Author Nevada

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Message Posted: Oct 17, 2008 9:55:45 AM

Because they can!
redberry1977
Rookie Author Georgia

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Joined:Jul 2008
Message Posted: Oct 17, 2008 9:54:15 AM

Greed is the word of the day!
AJbrampton
Rookie Author Toronto

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Joined:Oct 2008
Message Posted: Oct 17, 2008 9:54:10 AM

not good
mwhals
Champion Author Charleston

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Message Posted: Oct 17, 2008 9:53:00 AM

One word - GREED!
edpall3
Champion Author San Antonio

Posts:4,461
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Joined:Apr 2005
Message Posted: Oct 17, 2008 9:52:56 AM

Diesel is much higher here also. At one time diesel used to be as cheap as regular, not anymore.
radicale
All-Star Author Calgary

Posts:986
Points:258,125
Joined:Aug 2006
Message Posted: Oct 17, 2008 9:50:45 AM

ya, why? Greedy MOFO
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