- #8560 of 8805
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Re: National Average up [andre1969]
by larsb
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Jun 02, 2009 (6:23 am)
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Replying to: andre1969 (Jun 01, 2009 3:40 pm)
My TCH has been known to get a little rubber scratch on fast startups too....
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- #8561 of 8805
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Another price jump
by jae5
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Jun 02, 2009 (9:23 am)
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to $2.80 on average for 87 octane. A couple of Citgos are holding at $2.69 for 87 octane. So we're pretty much $3 for premium. Can't find older records, but am wondering when the last time pump prices were at these levels:
What was crude going for?
What was the demand / supply?
What excuses were being used for the price jumps / hikes?
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- #8562 of 8805
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Re: Another price jump [jae5]
by larsb
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Jun 02, 2009 (9:25 am)
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Replying to: jae5 (Jun 02, 2009 9:23 am)
Must be all those EVIL OIL SPECULATORS at work again !!!
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- #8563 of 8805
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Re: Another price jump [jae5]
by fintail
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Jun 02, 2009 (9:38 am)
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Replying to: jae5 (Jun 02, 2009 9:23 am)
I paid just over 3 for premium yesterday. I only needed 5 gallons though, so not bad.
Supply and demand relates to gas prices like the tooth fairy relates to dental work.
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- #8564 of 8805
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Re: Another price jump [fintail]
by fezo
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Jun 02, 2009 (3:27 pm)
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Replying to: fintail (Jun 02, 2009 9:38 am)
I have a friend who takes the cost per mile to extremes. Of course he is in a state where he has to pay property tax on the car every year so his method really makes sense. He buys a cheap but dependable used car and drives it forever. Has a old Volvo 850 that he paid maybe $3,500 for. He's put on 110K himself and it hasn't taken major repair. His cost of ownership is minuscule.
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- #8565 of 8805
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Re: Another price jump [larsb]
by berri
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Jun 02, 2009 (4:11 pm)
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Replying to: larsb (Jun 02, 2009 9:25 am)
Its not speculators per se, but Wall Street manipulators and dumb government. Laugh if you want, but until the commodity exchange rule changes (incidently I believe these happened under Clinton and Gore even though Bush always gets the blame) when you bought commodity futures you had to either find a buyer before your option expired or take delivery. Under those rules we didn't have near the volatility and extremes. Now risk is substantially reduced encouraging profiteering while Wall Street greed screws average middle class working Americans yet again. When Wall St. greed works the US citizens get shafted so the privileged "few" get extraordinary wealth and when Wall St. breaks the average American has to subsidize those who were just screwing them over with government loans, tax breaks, etc.
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- #8566 of 8805
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Re: National Average up [larsb]
by explorerx4
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Jun 02, 2009 (4:42 pm)
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Replying to: larsb (Jun 02, 2009 6:23 am)
it starts out with sqealing a little rubber. next thing you know, you are going to have an affair with a muscle car. 
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- #8567 of 8805
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Re: Another price jump [fintail]
by jae5
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Jun 04, 2009 (4:40 am)
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Replying to: fintail (Jun 02, 2009 9:38 am)
Our premium is now going for $3.10 in my neck of the woods - had another price jump yesterday - 87 octane is now average $2.86, with some already at $2.90. The city is much higher still. We've pretty much jumnped a dollar in the last month!!
I'm lucky my daily driver only needs and likes 87 octane. My Olds likes 89 but I fed it 87 last night.
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- #8568 of 8805
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Re: Another price jump [berri]
by jae5
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Jun 04, 2009 (4:44 am)
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Replying to: berri (Jun 02, 2009 4:11 pm)
Agreed. It's all about their short, big gain - not thinking ahead of how this will effect everyone. We average, middle Americans get screwed coming and going. Maybe that's where the phrase originated - money guys sitting around at the club trying to figure out how to screw the little man. Then someone comes up with the scheme and says "With this, we can get them coming and going...muh-ha-ha-ha". 
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- #8569 of 8805
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Phoenix
by larsb
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Jun 04, 2009 (6:28 am)
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16 days = +60 cents. Crazy. The last time it went up that fast was Katrina.
Well, at least more people might start thinking AGAIN about fuel efficiency and buying a more efficient vehicle.
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