Dang Gas Prices
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Originally Posted By: addyguy
We're up to about $1.13-1.16/litre here, depending on location and time of day.
$4.27-$4.38/gallon.
You guys down there have NOTHING to complain about - you hear me? NOTHING!!!
Somewhere, Britain's are seething at you anger...or just laughing at how broke they are too.
We're up to about $1.13-1.16/litre here, depending on location and time of day.
$4.27-$4.38/gallon.
You guys down there have NOTHING to complain about - you hear me? NOTHING!!!
Somewhere, Britain's are seething at you anger...or just laughing at how broke they are too.
Paid 3.56 today for 87 at Mobil..It has been at that price all week.
3.32 in Springfield, MO 3.29 on the out skirts. $3.44 here in Branson. Brought the Festiva 32mpg so far. Compared to the Escape's 18-19mpg it's paid for at least 2 meals. Not alot of RV's running around here now days.
I paid $3.54 yesterday at Marathon. At most of our local 7-11 stores it's $3.49.
$3.73 for regular unleaded everywhere around me. Diesel is $4.15-4.25 depending on station and cash/credit.
wow - up to $4.09 today for regular
Brand name stations (Shell, Mobil, Chevron ...) in my area are above $4 for regular since last week.
the raise in prices based on "speculation/fear" is what really drives me up the wall!!!!!! so I wonder what will happen once all of the mess is over with??
payed 3.57 for shell(91) this morning, prices have been steadily climbing.
Originally Posted By: NightRiderQ45
the raise in prices based on "speculation/fear" is what really drives me up the wall!!!!!! so I wonder what will happen once all of the mess is over with??
The same scum suckers will short oil prices as they fall and make out like bandits on the back end.
the raise in prices based on "speculation/fear" is what really drives me up the wall!!!!!! so I wonder what will happen once all of the mess is over with??
The same scum suckers will short oil prices as they fall and make out like bandits on the back end.
last week, i saw the local chevron with $3.99/gal for 87. that lasted like a couple of days so i didnt jump to fill my tank. when i actually went empty the next day, the price jumped to $4.05/gal. i filled up...
the very next morning, it went to $4.07/gal. i left town for the weekend and came back to see it at $4.09.
the very next morning, it went to $4.07/gal. i left town for the weekend and came back to see it at $4.09.
You guys saying this is supply and demand might want to research gas supplies currently. 97% of Libya's oil goes to Europe. This has NOTHING to do with supply and demand. It has everything to do with unregulated speculation by big investment banks.
Originally Posted By: Drew99GT
You guys saying this is supply and demand might want to research gas supplies currently. 97% of Libya's oil goes to Europe. This has NOTHING to do with supply and demand. It has everything to do with unregulated speculation by big investment banks.
The nutty part of it, speculative gains will allow for speculative drilling & exploration in new areas, such as the Bakkan basin. As new supplies come on board, this will help stabilize the world supply. Historically, the problem has always been that Opec & Russia can produce oil on the cheap, upping their production, and driving down prices. When that happens, more expensive suppliers drop out of the market. Seems in the end, we pay for it one way or another.
Regarding Libya, the crude is a light crude, easily refined to transportation fuels. Would be interesting to know at what capacity refiners are running.
You guys saying this is supply and demand might want to research gas supplies currently. 97% of Libya's oil goes to Europe. This has NOTHING to do with supply and demand. It has everything to do with unregulated speculation by big investment banks.
The nutty part of it, speculative gains will allow for speculative drilling & exploration in new areas, such as the Bakkan basin. As new supplies come on board, this will help stabilize the world supply. Historically, the problem has always been that Opec & Russia can produce oil on the cheap, upping their production, and driving down prices. When that happens, more expensive suppliers drop out of the market. Seems in the end, we pay for it one way or another.
Regarding Libya, the crude is a light crude, easily refined to transportation fuels. Would be interesting to know at what capacity refiners are running.
Here's a good clip from CNBC's Larry Kudlow show:
http://www.cnbc.com/id/15840232?video=3000010469&play=1
http://www.cnbc.com/id/15840232?video=3000010469&play=1
Jumped up to 3.65 today at Mobil for 87.
$3.55 here today at the 7-11 near my house. Up 6 cents per gallon overnight. All I can say is I sure hope the speculators and Wall Street fat cats enjoy the money they make at ordinary working people's expense.
Let's all pray for peace in the Middle East. Maybe if they could all come to some kind of peaceful resolution to their problems it could bring oil and gas prices back to reasonable and normal levels. Maybe.
Let's all pray for peace in the Middle East. Maybe if they could all come to some kind of peaceful resolution to their problems it could bring oil and gas prices back to reasonable and normal levels. Maybe.
Right now its $1.31/L ($4.95 a gallon). I thought by this time of year it would be decreasing a bit, but its still going up.
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