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Automotive News & Views Report Your Local Gas Prices Here
8805 messages, Last post on Nov 27, 2009 at 11:25 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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"What's goin' on?" Regular at the Sunoco at Rhawn and Verree in NE Philly was $2.59 at lunchtime. Now it's $2.65! Regular at the Hess station near my workplace was $2.53 at lunchtime. Now it's $2.61!!! A six and eight cent jump in 5 hours? What happened? Did Al Qaeda blow up the Statue of Liberty or did an earthquake wipe out Texas? As usual, nobody's doing anything about it but offering excuses.
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Replying to: lemko (Apr 07, 2006 2:05 pm) Have to repost my sightings as things changed in a 9-hour period: 4/6/06 - near work (western suburbs of Chi-town), 6:30am: Reg/Med/Premium Fuel: 2.49/2.60/2.75 Meijers and Sonic Fuel: 2.65/2.78/2.87 Shell, Mobil, BP and the like Same stations, 5:30pm Fuel: 2.78/2.87/2.98 Shell, Mobil, BP and the like  
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from 2.69x to 2.75x x=9. supposedly energy stocks tanked today. maybe prices will drop tomorrow. doubt it. |
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Replying to: pf_flyer (Apr 07, 2006 7:24 am) me: well you can bet on future events, which is what markets and equities markets do based on 1) present events that will have an effect on the future, or 2) a general prediction of the future. 2) would include: having a feeling that in the next several months one or more of the following things will disrupt energy supplies - hurricanes, Nigerian rebels, Iran, political turmoil in other countries ... The more things to worry about, the higher the probability that there will be problems. Apple stock went way up the other day because they announced their computers will now work with windows. They FEEL they'll sell many more computers. Were the investors foolish? should they have waited until Apple actually sold those computers and announced the profit? |
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The prices here are completely outrageous Mobil 2.97 Super 2.87 Premium 2.69 Regular Where is all the outrage like last summer? How come its only when prices reach new highs that people call for lower prices? Last year when it reached this level there was outrage everywhere it was the only thing that actually helped bring gas prices down. 
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Replying to: lemko (Apr 07, 2006 2:05 pm)  Rocky 
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"Last year when it reached this level there was outrage everywhere it was the only thing that actually helped bring gas prices down" That's part of the pricing psychology. Jack it up till people whine, lower it a bit (but not to previous levels) to appease them, then jack it up again...repeat over and over. Two steps forward, one step back. Hurricane season should be fun this year...I've already seen meteorological predictions of another rough season. Maybe that has the speculators excited too. This year's profits should create some excellent tax breaks and other associated perks. |
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Central VA: Hess, up 9 cents in one day to $2.58 for 87. Sheetz, Exxon, and Citgo, up 10 cents to $2.65 for 87. Getting close to Katrina panic prices. I did hear today on NPR that prices are rising because demand remains very high (I assume they meant in the US, not necessarily the entire world), and MTBE is being phased out as a clean-air gasoline additive. This is because MTBE has been implicated in ground water contamination from leaky fuel storage tanks. The only substitute for MTBE is ethanol, the price of which is shooting through the roof. And the East and West coasts have it especially bad, because ethanol has to be trucked in from the middle of the country. It can't be transported through pipelines because it absorbs water. Trucking of course is more expensive. Now if you think clean air is something we can do without, I remind you of two rather disturbing sights on my cross-country trek last December. In the middle of nowhere (western Utah on Routes 6/50), we saw an ominous gray haze enveloping the northeastern sky as we headed east. At first I thought it was a huge coal-fired power plant causing the problem, but as we got closer to the plant, it became obvious that the power plant wasn't the source, but rather the still very distant metro Salt Lake City area (which we skirted well to the south). Then a few days later, after crossing the Continental Divide and heading east out of Canon City, CO, we saw the same spreading gray haze, this time emanating from the Pueblo, CO metro area (and maybe Colorado Springs as well). Possibly because we were in such unpopulated areas that the contrast between clean and polluted air was so stark, but you never really think of Salt Lake City and Pueblo in the same way as Los Angeles or New York. Scary. |
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...NJ law prohibits the changing of gas prices more than once per 24 hours, so we don't have to deal with prices wandering around all day long. kcram - Pickups Host |
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Replying to: klizmaaa (Apr 07, 2006 4:14 pm) me: A lot of people realize that outrage does not work. It does not make things better. Saving gas or producing more energy are ways to do that. If "outrage" at high prices or gas shortages worked, the problem would have been solved in the 70's! Or in the 80's. If you don't like paying the price, there's not much you can do but buy less (or none). Personally I'm going to reduce my gas usage by moving, reducing my commute from 30 miles (though I carpool) to live in an apartment 1-2 miles from work. And - if the Caliber SRT4 is really nice I might trade in my Firebird for it, and get a couple of mpg higher. |
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