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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 06-17-2014, 03:09 PM   #4291
Chief Roundup Chief Roundup is offline
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$3.42 a gallon here when I filled up today. It was $3.32 last week.
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Old 06-17-2014, 04:32 PM   #4292
Munson Munson is offline
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Filled up Sunday for $3.52/gal.

Monday it jumped up to $3.67/gal.
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Old 06-17-2014, 05:05 PM   #4293
Cochise Cochise is offline
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I paid $3.59 today, and my average since the first of the year is $3.60. It was in the $3.60s for most of april and may. Price has been pretty stable around here.
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Old 06-17-2014, 10:11 PM   #4294
Bowser Bowser is offline
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Time to pay those "special blend" summer prices! Throw in unrest in the Middle East and you get a double whammy!
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Old 06-18-2014, 07:52 AM   #4295
Dayze Dayze is offline
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yep; there's always a 'reason'.
holy shit...It's Tuesday! better bump it up for the next time we have to fill our tanks (Gas station owners)
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Old 06-18-2014, 08:23 AM   #4296
Donger Donger is offline
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Quote:
Originally Posted by Bowser View Post
Time to pay those "special blend" summer prices! Throw in unrest in the Middle East and you get a double whammy!
You can blame the gubmint for that one. Refiners would much rather have one formulation year-round.
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Old 06-25-2014, 12:03 PM
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Old 07-02-2014, 07:06 PM   #4297
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http://fuelgaugereport.aaa.com/high-...uly-4-holiday/

Drivers Stuck Paying Highest Gas Prices in Six Years for Independence Day

U.S. drivers will pay the most expensive Independence Day gas prices since 2008, primarily because Iraqi violence has increased global petroleum costs. AAA predicts that 34.8 million Americans will travel 50 miles or more by car during the holiday weekend despite high gas prices.

“Most drivers are paying about 15-20 cents more per gallon than expected heading into the busy Independence Day weekend due to market fear about Iraq,” said Avery Ash, AAA spokesman. “It is frustrating that events overseas will make it more expensive to celebrate Fourth of July here at home.”

With Independence Day only a few days away, today’s national average price of gas is $3.68 per gallon. This average is considerably more expensive than recent years for the holiday. The national average on July 4 in previous years was: $3.48 (2013); $3.34 (2012); $3.57 (2011); $2.74 (2010); $2.62 (2009); and $4.10 (2008).

AAA does not believe that high gas prices will have a significant impact on the number of people traveling, but it could result in some consumers cutting back on dining, shopping or other trip activities. AAA’s full Independence Day forecast can be found here.

The monthly average price of gas in June was $3.67 per gallon, which was the most expensive for June since 2011, and it was the highest average for any month since March 2013. Last year gas prices averaged $3.60 per gallon in June.

Gas prices often decline in June as refineries complete maintenance and increase gasoline production in anticipation of the summer driving season. During the previous three years, the national average price of gas declined in June by an average of 21 cents per gallon. A month ago, AAA predicted the national average could decline 10-15 cents per gallon in June, but this did not happen due to the unexpected events in Iraq.

On June 10, insurgents known as the Islamic State of Iraq and the Levant (ISIL), captured Mosul, which is Iraq’s second largest city. Following this attack, there were concerns in the market that the rebels would take Baghdad or disrupt the southern oil producing regions of the country. These concerns helped drive up global oil prices, which made it more expensive to produce gasoline. Iraq is the second largest oil producer in OPEC, and any decline in exports could impact global oil supplies.
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Old 07-02-2014, 07:10 PM   #4298
Deberg_1990 Deberg_1990 is offline
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Where's the Obama outrage over this ?

Not that I think it's his fault, but the media and Libs were always hammering Bush on gas prices.
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Old 07-02-2014, 07:17 PM   #4299
PHOG PHOG is offline
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Quote:
Originally Posted by Donger View Post
http://fuelgaugereport.aaa.com/high-...uly-4-holiday/

Drivers Stuck Paying Highest Gas Prices in Six Years for Independence Day

U.S. drivers will pay the most expensive Independence Day gas prices since 2008, primarily because Iraqi violence has increased global petroleum costs. AAA predicts that 34.8 million Americans will travel 50 miles or more by car during the holiday weekend despite high gas prices.

“Most drivers are paying about 15-20 cents more per gallon than expected heading into the busy Independence Day weekend due to market fear about Iraq,” said Avery Ash, AAA spokesman. “It is frustrating that events overseas will make it more expensive to celebrate Fourth of July here at home.”

With Independence Day only a few days away, today’s national average price of gas is $3.68 per gallon. This average is considerably more expensive than recent years for the holiday. The national average on July 4 in previous years was: $3.48 (2013); $3.34 (2012); $3.57 (2011); $2.74 (2010); $2.62 (2009); and $4.10 (2008).

AAA does not believe that high gas prices will have a significant impact on the number of people traveling, but it could result in some consumers cutting back on dining, shopping or other trip activities. AAA’s full Independence Day forecast can be found here.

The monthly average price of gas in June was $3.67 per gallon, which was the most expensive for June since 2011, and it was the highest average for any month since March 2013. Last year gas prices averaged $3.60 per gallon in June.

Gas prices often decline in June as refineries complete maintenance and increase gasoline production in anticipation of the summer driving season. During the previous three years, the national average price of gas declined in June by an average of 21 cents per gallon. A month ago, AAA predicted the national average could decline 10-15 cents per gallon in June, but this did not happen due to the unexpected events in Iraq.

On June 10, insurgents known as the Islamic State of Iraq and the Levant (ISIL), captured Mosul, which is Iraq’s second largest city. Following this attack, there were concerns in the market that the rebels would take Baghdad or disrupt the southern oil producing regions of the country. These concerns helped drive up global oil prices, which made it more expensive to produce gasoline. Iraq is the second largest oil producer in OPEC, and any decline in exports could impact global oil supplies.
OH no, not again, just market prices, right?? What a Joke.
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Old 07-02-2014, 07:22 PM   #4300
jjjerkoff jjjerkoff is offline
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Price is $3.28 in Nixa today. $3.41 in Springfield. Not sure why such a big difference in neighboring cities but I buy in Nixa since it's on my way to work.
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Old 07-02-2014, 07:25 PM   #4301
BigMeatballDave BigMeatballDave is online now
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Quote:
Originally Posted by Deberg_1990 View Post
Where's the Obama outrage over this ?

Not that I think it's his fault, but the media and Libs were always hammering Bush on gas prices.
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Old 07-02-2014, 07:27 PM   #4302
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All you stupid ****s that live 30+ miles out of town have gotta be annoyed....
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Old 07-02-2014, 07:28 PM   #4303
PHOG PHOG is offline
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Old 07-02-2014, 08:57 PM   #4304
Baconeater Baconeater is offline
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Haha well I'm not traveling this weekend so you can go **** yourself Donger.
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Old 07-05-2014, 06:01 PM   #4305
Donger Donger is offline
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The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said.

U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in a report today. The country became the world’s largest natural gas producer in 2010. The International Energy Agency said in June that the U.S. was the biggest producer of oil and natural gas liquids.

“The U.S. increase in supply is a very meaningful chunk of oil,” Francisco Blanch, the bank’s head of commodities research, said by phone from New York. “The shale boom is playing a key role in the U.S. recovery. If the U.S. didn’t have this energy supply, prices at the pump would be completely unaffordable.”

Oil extraction is soaring at shale formations in Texas and North Dakota as companies split rocks using high-pressure liquid, a process known as hydraulic fracturing, or fracking. The surge in supply combined with restrictions on exporting crude is curbing the price of West Texas Intermediate, America’s oil benchmark. The U.S., the world’s largest oil consumer, still imported an average of 7.5 million barrels a day of crude in April, according to the Department of Energy’s statistical arm.
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