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8805 messages,  Last post on Nov 27, 2009 at 11:25 AM

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#8400 of 8805 Phoenix by larsb Jan 06, 2009 (9:22 am)
Phoenix has gone up about 2 cents in the last week.   Cheapest is now $1.379
#8401 of 8805 Switching to all gas--no ethanol by sylviae Jan 06, 2009 (10:23 am)
Seems as if here in Okla and with the 7-11 gas pumps---they are now only selling 100% gas---guess most of our stations are now on that---don't know what happened nor when but I heard that ethanol was scarce which sent us back to all gasoline now. Price increased also---now around 1.56 and up. Replies to this message: fezo (Jan 06, 2009 11:39 am)
#8402 of 8805 Re: Switching to all gas--no ethanol [sylviae] by fezo Jan 06, 2009 (11:39 am)
Replying to: sylviae (Jan 06, 2009 10:23 am) We wet up here at the Jersey Shore - anywhere from a nickle to a dime. The local Sunoco is now $1.45 for regular.
#8403 of 8805 Still nailed down by pf_flyer HOST Jan 06, 2009 (3:40 pm)
We've been at $1.69 here for almost a month now. These lower prices haven't manged to get over the ridges into Happy Valley
#8404 of 8805 Uh oh! by lemko Jan 07, 2009 (7:16 am)
Sunoco at Rhawn and Verree in NE Philly up eight cents!   RUG= $1.63 Ultra = $1.97
#8405 of 8805 Up 6 cents by pf_flyer HOST Jan 07, 2009 (7:20 am)
$1.75   What's curious is that unleaded futures for Jan delivery were way lower than the futures are now. Some PROFIT is being made for sure. Replies to this message: dtownfb (Jan 07, 2009 10:36 am)
#8406 of 8805 Dayton by imidazol97 Jan 07, 2009 (9:53 am)
Dayton got as low as probably $1.55 as a median or mean while a few were at $1.38 IIRC.   We got a jump to $1.85, and then dropped to $1.79 and lower, then a jump in a few days to $1.89, and now a jump to $1.99 for most stations. Oddly, most stations seem to have chosen $1.99 as their new price from Dayton to Cincinnati with only a few lower. The oil companies have been successful in raising the price form $1.49 or $1.55 to $1.99 in a matter of 7 days or so.   Indeed large profits are being made in the earlier slow downward move despite oil's have dropped rapidly and now with rapid up moves ("restoration" according to Speedway subsidiary representative a couple years back) the profits are back. Profits are probably greater than when prices were at $3.75. Replies to this message: jae5 (Jan 08, 2009 4:57 am)
#8407 of 8805 Re: Up 6 cents [pf_flyer] by dtownfb Jan 07, 2009 (10:36 am)
Replying to: pf_flyer (Jan 07, 2009 7:20 am) It's speculators who are trying to make money with all the turmoil in the Middle East.
#8408 of 8805 San Diego going back up by gagrice Jan 07, 2009 (1:42 pm)
Filled the LS400 this morning at Costco. Premium is right at $2. RUG $1.79. Diesel down the street still at $2.19. That is the closest I have seen for a long time.   Oil took biggest hit this morning in 7 years. Lost about $6 per barrel. So maybe the gas prices will head back down.
#8409 of 8805 Re: Dayton [imidazol97] by jae5 Jan 08, 2009 (4:57 am)
Replying to: imidazol97 (Jan 07, 2009 9:53 am) We've had a similar jump here. I was out last Wednesday and was near a quarter-tank (my usual point in filling-up) so decided to fill-up, thinking the prices were going to raise a little for New Year's Eve / Day. That day regular was selling for $1.62. Prices held steady but got a surprise Monday when prices were $1.71 ~ 1.79, then jumped again by Tuesday to $1.85 ~ $1.89, with yesterday seeing another jump to $1.94 ~ $1.99. A nice 30 to 40 cent jump in a week.   Still better than the $3.00+ I was paying this time last year and the $4.00+ over the spring, summer and early fall. But it kind of burns that you know this is due to taking advantage of the strife in the Middle East, which was going on anyway, the "restoration" and dead-cat bounce oil had late last week / early this week. This despite the glut of oil and gas supplies. But with the supposed cease-fire and talks starting last night I wonder if the prices are going to move down a bit.

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