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Old 03-16-2006, 11:59 AM  
Donger Donger is offline
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Get ready for $2.50 gasoline this summer

I was just reading the EIA's latest Short Term Energy Outlook (http://www.eia.doe.gov/emeu/steo/pub/contents.html): "During the early summer months of 2006, the average retail regular motor gasoline price is expected to rise above $2.50 per gallon."

That's what the expected average retail price of gasoline could be. This doesn't take into account any hurricanes and other "disturbances."

Just a heads-up. I'd imagine that you will see $2.60+ in the midwest and close to $2.80 out west. The national average has been in the $2.28 to $2.36 range for the last few months.
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Old 03-16-2006, 12:00 PM   #2
Skip Towne Skip Towne is offline
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It's $2.40 in Tulsa right now.
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Old 03-16-2006, 12:01 PM   #3
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$2.48 here...
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Old 03-16-2006, 12:01 PM   #4
Mr. Laz Mr. Laz is offline
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Quote:
Originally Posted by Skip Towne
It's $2.40 in Tulsa right now.
oklahoma city is at $2.40 also
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Old 03-16-2006, 12:05 PM   #5
Skip Towne Skip Towne is offline
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And all the while the oil companies post record profits. I'm sure Bush will look into this soon.
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Old 03-16-2006, 12:05 PM   #6
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Old 03-16-2006, 12:06 PM   #7
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Quote:
Originally Posted by Skip Towne
And all the while the oil companies post record profits. I'm sure Bush will look into this soon.


Let's not do this again.
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Old 03-16-2006, 12:07 PM   #8
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I filled up 2 weeks ago at $2.07 (they were changing the signs as I filled up, just made it under the wire). Last night I filled up at $2.34 which was $.05 cheaper than anywhere else. Today the same station is at $2.39 along with everyone else.

Any ideas why prices have jumped 15% in the last 2 weeks?

Also, it seems odd that EVERY station in the Austin are is at the same price. I have to wonder if there is any relationship between this price jump and the congressional hearings into gas pricing going on. (ok, so that just smacks of conspiracy theory but it is an interesting coincidence).
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Old 03-16-2006, 12:09 PM   #9
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Quote:
Originally Posted by Hydrae
Any ideas why prices have jumped 15% in the last 2 weeks?
typhoon off the coast of japan ... threatening the oil supply.


the professor is said to be working on a weather control device made out of coconuts shells to solve the problem.
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Old 03-16-2006, 12:10 PM   #10
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Quote:
Originally Posted by Hydrae
Any ideas why prices have jumped 15% in the last 2 weeks?
They're just getting us lubed up for the ass-raping we're going to get this summer.
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Old 03-16-2006, 12:12 PM   #11
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Old 03-16-2006, 12:15 PM   #12
Donger Donger is offline
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Quote:
Originally Posted by Hydrae
I filled up 2 weeks ago at $2.07 (they were changing the signs as I filled up, just made it under the wire). Last night I filled up at $2.34 which was $.05 cheaper than anywhere else. Today the same station is at $2.39 along with everyone else.

Any ideas why prices have jumped 15% in the last 2 weeks?

Also, it seems odd that EVERY station in the Austin are is at the same price. I have to wonder if there is any relationship between this price jump and the congressional hearings into gas pricing going on. (ok, so that just smacks of conspiracy theory but it is an interesting coincidence).
Because the $2.07 was far too low, in comparison ot the national average. I'm amazed that the retailers didn't adjust sooner.
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Old 03-16-2006, 12:16 PM   #13
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$2.40 in Columbia right now.
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Old 03-16-2006, 12:17 PM   #14
Gonzo Gonzo is offline
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$2.40 in Columbia right now.
$2.43 in Omaha for freakin Ethanol.
I refuse to put corn in my gas tank.
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Old 03-16-2006, 12:19 PM   #15
Hydrae Hydrae is offline
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Quote:
Originally Posted by Donger
Because the $2.07 was far too low, in comparison ot the national average. I'm amazed that the retailers didn't adjust sooner.
One of the odd parts of this from my perspective is that while it was $2.07 in my little town, Austin was at around $2.15. I figured this was probably due to local gas taxes. However, all stations are at the same price now.

Also, I would expect (but it doesn't seem to be the case most of the time in reading these kinds of threads on here) prices to be lower here in Texas where a lot of the refining happens not to mention the amount that is pulled out of the ground here. If nothing else, transportation costs should be less here than other areas but is seems to not be reflected in prices.
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