Insane Gas Prices Anyone?
- Thread starter jacknjill
- Start date
1knight164
Member
Report price gouging here:
http://gaswatch.energy.gov/
http://gaswatch.energy.gov/
stdreb27
Active Member
Originally Posted by Jaymz
http:///forum/post/2756978
here in central indiana i filled up for $3.88 on friday thankfully, it was $4.25 on saturday when i had to drive about 100 miles.
Why?
http:///forum/post/2756978
here in central indiana i filled up for $3.88 on friday thankfully, it was $4.25 on saturday when i had to drive about 100 miles.
Why?
aquaknight
Active Member
Anybodies prices down? Was 3.59'ish last Thursday, got up to 3.99, maybe into the 4's (I piad over 4 for premium) Saturday/Sunday, and appears to be back down to the low 3.80's this morning. Waiting till tomorrow to fill back up...
1knight164
Member
Steady at $3.67 for that last 2 weeks here in Murrieta, CA.
cranberry
Active Member
I don't think anyone is worried about running out of gas... we're worried that they might use this as an excuse to jack the prices back up. Damage or no, they'll do it if they think they can get away with it. I don't want to pay more for it tomorrow when I could have bought it for a lot cheaper today.
stdreb27
Active Member
Originally Posted by Cranberry
http:///forum/post/2757351
I don't think anyone is worried about running out of gas... we're worried that they might use this as an excuse to jack the prices back up. Damage or no, they'll do it if they think they can get away with it. I don't want to pay more for it tomorrow when I could have bought it for a lot cheaper today.
A barrel of oil is down to 97 bucks. That is what it was in January after the bubble we saw this spring and summer. Unless someone like Valero when they turn on the power to their refineries and it explodes or something. Then it will all be fine. IMO if you are out of state, the localized higher prices will be gone in a couple of days.
http:///forum/post/2757351
I don't think anyone is worried about running out of gas... we're worried that they might use this as an excuse to jack the prices back up. Damage or no, they'll do it if they think they can get away with it. I don't want to pay more for it tomorrow when I could have bought it for a lot cheaper today.
A barrel of oil is down to 97 bucks. That is what it was in January after the bubble we saw this spring and summer. Unless someone like Valero when they turn on the power to their refineries and it explodes or something. Then it will all be fine. IMO if you are out of state, the localized higher prices will be gone in a couple of days.
1knight164
Member
Originally Posted by stdreb27
http:///forum/post/2757456
A barrel of oil is down to 97 bucks. That is what it was in January after the bubble we saw this spring and summer. Unless someone like Valero when they turn on the power to their refineries and it explodes or something. Then it will all be fine. IMO if you are out of state, the localized higher prices will be gone in a couple of days.
Heard a report that said price of a barrel of oil is down 40% from it's highs, but price at the pump only went down 8-10%. How does that work? Will the price at the pumps follow the price of a barrel? I hope so but won't cross my fingers.
It seems the more money the gas companies make, the more money the government gets in taxes. Is that true?
http:///forum/post/2757456
A barrel of oil is down to 97 bucks. That is what it was in January after the bubble we saw this spring and summer. Unless someone like Valero when they turn on the power to their refineries and it explodes or something. Then it will all be fine. IMO if you are out of state, the localized higher prices will be gone in a couple of days.
Heard a report that said price of a barrel of oil is down 40% from it's highs, but price at the pump only went down 8-10%. How does that work? Will the price at the pumps follow the price of a barrel? I hope so but won't cross my fingers.
stdreb27
Active Member
Originally Posted by 1knight164
http:///forum/post/2757523
Heard a report that said price of a barrel of oil is down 40% from it's highs, but price at the pump only went down 8-10%. How does that work? Will the price at the pumps follow the price of a barrel? I hope so but won't cross my fingers.
It seems the more money the gas companies make, the more money the government gets in taxes. Is that true?
Well part of it imo is price stickiness. Prices for various reasons, did not go up as high as the barrel of oil did. And it is slowing coming down, you aren't going to see an imidiate response to the fall of a price of oil. Then you have percieved shortages and increase in prices due to this storm.
http:///forum/post/2757523
Heard a report that said price of a barrel of oil is down 40% from it's highs, but price at the pump only went down 8-10%. How does that work? Will the price at the pumps follow the price of a barrel? I hope so but won't cross my fingers.
Well part of it imo is price stickiness. Prices for various reasons, did not go up as high as the barrel of oil did. And it is slowing coming down, you aren't going to see an imidiate response to the fall of a price of oil. Then you have percieved shortages and increase in prices due to this storm.
1knight164
Member
Originally Posted by stdreb27
http:///forum/post/2757535
Well part of it imo is price stickiness. Prices for various reasons, did not go up as high as the barrel of oil did. And it is slowing coming down, you aren't going to see an imidiate response to the fall of a price of oil. Then you have percieved shortages and increase in prices due to this storm.
Thanks for that. Makes sense. My knowledge on the economy and how it works is limited to my checkbook! Looks like you got your keyboard fixed.
Problems with the space bar?
http:///forum/post/2757535
Well part of it imo is price stickiness. Prices for various reasons, did not go up as high as the barrel of oil did. And it is slowing coming down, you aren't going to see an imidiate response to the fall of a price of oil. Then you have percieved shortages and increase in prices due to this storm.
Thanks for that. Makes sense. My knowledge on the economy and how it works is limited to my checkbook! Looks like you got your keyboard fixed.
stdreb27
Active Member
Originally Posted by 1knight164
http:///forum/post/2757538
Thanks for that. Makes sense. My knowledge on the economy and how it works is limited to my checkbook! Looks like you got your keyboard fixed.
Problems with the space bar?
at work, I've been informed that I have to go spend more money to get a matching Apple keyboard to replace the one I spilled coffee on. I was just going to steal one of the gazillions of dell ones we have at work.
http:///forum/post/2757538
Thanks for that. Makes sense. My knowledge on the economy and how it works is limited to my checkbook! Looks like you got your keyboard fixed.
at work, I've been informed that I have to go spend more money to get a matching Apple keyboard to replace the one I spilled coffee on. I was just going to steal one of the gazillions of dell ones we have at work.
aquaknight
Active Member
From what I think I've gathered, the price you see at the pump, is actually the price of the next order/fill-up the station will have to buy. So while they don't want to be the most expensive spot in town, underestinating the cost would have big consequences.
stdreb27
Active Member
Originally Posted by AquaKnight
http:///forum/post/2757545
From what I think I've gathered, the price you see at the pump, is actually the price of the next order/fill-up the station will have to buy. So while they don't want to be the most expensive spot in town, underestinating the cost would have big consequences.
well that is kind of a balancing game. Idealy for the gas station owner, if the price is going up that is good, they can buy a load of gas and sell it while riding the increase in price up. However they don't want to be caught with alot of gas they aren't moving while the price is falling. I have a couple small gas station owners as friends and that they typically do to combat this is get frequent orders, in small amounts. That way they lower the exposure to changes in prices, and never keep their tanks that full anyway.
http:///forum/post/2757545
From what I think I've gathered, the price you see at the pump, is actually the price of the next order/fill-up the station will have to buy. So while they don't want to be the most expensive spot in town, underestinating the cost would have big consequences.
well that is kind of a balancing game. Idealy for the gas station owner, if the price is going up that is good, they can buy a load of gas and sell it while riding the increase in price up. However they don't want to be caught with alot of gas they aren't moving while the price is falling. I have a couple small gas station owners as friends and that they typically do to combat this is get frequent orders, in small amounts. That way they lower the exposure to changes in prices, and never keep their tanks that full anyway.