What I find interesting i paid $2.61 a gallon of gas in NY a week ago in Florida $3.19 I thought it would be cheaper in Florida 
Why haven't gas prices gone down?
- Thread starter grampi
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Peru, IL. Was $2.49 then down to $2.39 then up to $2.55 last week. Still pretty good. QT was the leader, Shell followed, BP, all of them. AND THEN, YESTERDAY, $3.24. REALLY??? I’ll bite my tongue now and button my lips.
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Will shippers take that deal? No insurance and an armed military escort vs a safer, longer, more expensive route?
Come, join us.Otherwise look into buying a EV
Just kidding. I'm cool with people not converting. Knowing I'm saving thousands while the anti-ev faction anxiously monitors fuel prices gives me a certain sense of satisfaction.
Higher oil prices are good for EV owners. Natural gas is a byproduct of oil production. If oil production in the US increases, so does nat gas, lowering its price. 43% of your electricity is produced by natural gas, which is functionally a by product of oil production. They used to just flare it.
This is the oxymoron / cluelessness of the EV big oil haters - BTW. No oil, no EV's either.
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Good thing I have solar panels and batteries.
Greed or good business? Depends on which side of the deal you are on.
Consumer, so the former
.That's not true. Many places have little or no oil underground but lots of gas, and wells are drilled specifically to get the natural gas. Gas that may flow incidentally from an oil well is usually not in a quantity that is economically viable to build a pipeline to bring it to market, so it is flared off.
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It is true. It all comes down to pricing. Dry gas wells certainly exist too, but they are only profitable when the price of gas is above breakevens.
The only active dry gas field of significance in the US is Marcellus. Rig counts there are very low compared to there peak in 2010 ish - like 1/5th of peak.
Gas is priced at the margin like all commodities and US natural gas prices remain low due to oil. There still flaring it in volume a lot of places. Go ask some Europeans how much there paying.
Are kidding me? Gas in my neck of the woods just jumped .10-.20 per gallon over night.
Patman
Staff member
In the past three days in the Greater Toronto Area the average price has risen 11 cents per liter. That’s 37 cents per gallon 
I paid $2.42/gal for 87 at Sam's Club last week. This morning, it was $2.91/gal. 
Numbers are out.
So since the Iranian endevour started,
NY Harbor spot is up 46 cents
Gulf Coast Spot is up 43 cents
LA Spot is up 56 cents.
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Just remember it isn't the military conflict that is raising gas prices, it's people taking advantage of the situation to make a buck. In my town it was $2.44 and overnight it changed to $2.99 for fuel that did nothing more than occupy space in an underground tank. Every station changed to the same price at the same time. Could you imagine ever other business doing the same thing? I can honestly say that if all the electrical contractors got together and set prices that way we would be jailed for price fixing.
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The irony here is that the rising oil prices will help Russia pay for their military conflict with Ukraine.
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Saving thousands? My electric bill last month was $700 and that's without charging any vehicles. If I had electric cars I couldn't afford to drive them. That plus I'm in a spot where solar would be useless. The sunlight we get here everybody else got a week ago. These great big ole hills block the sun.
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