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Old 04-23-2007, 08:40 AM  
Donger Donger is offline
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!

Last edited by Donger; 10-10-2014 at 01:43 PM..
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Old 08-23-2011, 02:11 PM   #3121
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Crude up $2.00 today at $86.08
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Old 08-23-2011, 02:15 PM   #3122
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Seriously, though, the next time you experience one of these massive price increases, please take pictures of the price signs.
So you want people to take daily pictures of the sign with the pictures timestamped.?
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Old 08-23-2011, 02:20 PM   #3123
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So you want people to take daily pictures of the sign with the pictures timestamped.?
If they are going to make repeated exorbitant claims, sure.
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Old 08-29-2011, 02:55 PM   #3124
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Crude up 2.23% ($1.90) today at $87.27
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Old 08-29-2011, 02:56 PM   #3125
BWillie BWillie is online now
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Crude up 2.23% ($1.90) today at $87.27
Shouldn't gas go down because speculators thought that more refineries would have been effected by the Hurricane?
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Old 08-29-2011, 02:59 PM   #3126
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Shouldn't gas go down because speculators thought that more refineries would have been effected by the Hurricane?
If that were the only factor involved, yes. It isn't.
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Old 08-29-2011, 02:59 PM   #3127
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Gasoline was $3.279/gallon a few weeks ago down the street from me. It's $3.579/gallon now.

Sorry Donger. No pictures. My bad.
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Old 09-01-2011, 03:40 PM   #3128
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Gasoline close to record high before Labor Day

http://finance.yahoo.com/news/Gasoli...&asset=&ccode=

NEW YORK (AP) -- Gasoline is nearly the highest it's ever been for this time of year, just ahead of the Labor Day weekend.

The run-up in oil prices this year, combined with a rash of refining problems throughout the U.S., has boosted pump prices. The national average on Thursday was $3.629 per gallon. Drivers will pay more for gasoline this Sept. 1 than in any other year except 2008, when pump prices hit an average of $3.686.

Retail gasoline prices are rising in the U.S. even though motorists are buying less. Analysts say they have been pushed higher by a steady rise in international gasoline demand. Americans may be using less, but drivers in developing nations are using more.

"It's all part of being in a global market," said Tom Kloza, publisher and chief oil analyst at Oil Price Information Service.

Americans are using so little gasoline that the U.S. has been a net exporter of refined fuels to other countries for the past nine weeks. That's typical for OPEC countries, but it's extremely rare for the U.S. "You have to go back years and years," Kloza said. "I haven't found a time when we've been a net exporter for that many weeks."

Most of those exports head to Mexico and Canada. The U.S. also sends fuel to dozens of other countries; including the Netherlands, Singapore, Japan, Ecuador, Panama, Chile and Colombia.

In the energy markets Thursday, benchmark oil rose 12 cents to finish at $88.93 per barrel in New York, while Brent crude lost 56 cents to end at $114.29 in London.

Heating oil fell 3.22 cents to finish at $3.0518 per gallon and gasoline futures rose 1.64 cents to end the day at $2.8927 per gallon. Natural gas was unchanged at $4.05 per 1,000 cubic feet.
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Old 09-01-2011, 03:42 PM   #3129
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So 89/barrel equals nearly 3.70 at the pump. Tell us again how we're not getting ****ed, Donger.
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Old 09-01-2011, 03:52 PM   #3130
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So 89/barrel equals nearly 3.70 at the pump. Tell us again how we're not getting ****ed, Donger.
A barrel of oil produces about 8-12 gallons of gasoline, plus other ancillary products like plastic, propane...
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Old 09-01-2011, 03:55 PM   #3131
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So 89/barrel equals nearly 3.70 at the pump. Tell us again how we're not getting ****ed, Donger.
There does seem to be a certain anomalous amount built-in to gasoline right now. I will investigate.
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Old 09-01-2011, 03:58 PM   #3132
Stewie Stewie is offline
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When oil was $10/barrel in the late 80s and gasoline was 89 cents there were no complaints. What's the math on $89 oil and $3.70 gasoline?
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Old 09-01-2011, 04:24 PM   #3133
Donger Donger is offline
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In October 2008, crude was $90/barrel and gasoline was $3.60/gallon, so this isn't unprecedented.

So, no Bowser, you aren't being ****ed.
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Old 09-01-2011, 04:39 PM   #3134
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In October 2008, crude was $90/barrel and gasoline was $3.60/gallon, so this isn't unprecedented.

So, no Bowser, you aren't being ****ed.
Just because it's consistent with the past doesn't mean we aren't getting ****ed. It just shows we are getting ****ed consistently.
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Old 09-01-2011, 04:48 PM   #3135
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In October 2008, crude was $90/barrel and gasoline was $3.60/gallon, so this isn't unprecedented.

So, no Bowser, you aren't being ****ed.
No, he's just getting ****ed again like the rest of us.
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