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How does gas at $4 and higher impact you?

2183 messages,  Last post on Nov 21, 2009 at 5:13 PM

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What is this discussion about? Gasoline, Fuel Efficiency (MPG)

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#712 of 2183 Re: Let's Thank The Speculators [nippononly] by duke23 Sep 12, 2008 (4:01 pm)
Replying to: nippononly (Sep 12, 2008 6:54 am) nippononly wrote :  " LOL!    I guess Exxon and Valero shut down operations to ride out the storm, which impacted gas prices along the Texas coast nearby. I am not expecting prices to jump near me unless a significant portion of oil production is put out of commission by Ike. "   Well actually it is. But temporarily of course. 95% of all gulf oil production is shutdown until Ike is well past. More than just Exxon & Valero, my guess would be almost all of the 26 refineries on the gulf coast will be shutdown until Ike is out of the way. Gas prices typically rise from fear of refinery damage during storms. Refarding oil futures prices, interesting how the specs can't fight the tide once a paradigm is broken.So high gas prices for a while and if no refinery damage then back down. Keep in mind the oil that refineries use was purchased several months ago so we could get the weird anomaly of oil down and gas up if there is damage. But overall the trend is down. Replies to this message: dave8697 (Sep 12, 2008 5:42 pm)
#714 of 2183 Re: How does gas at $4 and higher impact you? [tankbeans] by dave8697 Sep 12, 2008 (5:35 pm)
Replying to: tankbeans (Sep 12, 2008 3:00 pm) no, I've put gas in them to the tune of at least $355 a month.   I meant they will not need replacing for a long time as long as I can enjoy still driving them for a while. My monthly gas use at an avg of 22 mpg means I'm driving all of them less than 20k total miles per year. Spread across 5 vehicles, that is less than 4000 miles a year each. A year ago I was driving 51k miles per year. Glad that's over. As far as $355 a month in gas, that would be about 90 gallons. The 5 tanks hold 114 gallons but I only put a 1/2 tank in some so the gas stays fresher. Replies to this message: bumpy (Sep 12, 2008 8:13 pm) andre1969 (Sep 13, 2008 5:12 am) nippononly (Sep 13, 2008 9:34 am) tankbeans (Sep 13, 2008 12:48 pm)
#715 of 2183 Re: Let's Thank The Speculators [duke23] by dave8697 Sep 12, 2008 (5:42 pm)
Replying to: duke23 (Sep 12, 2008 4:01 pm) It looks like IKE will directly hit a line of refineries as it goes onshore. The tidal surge reminds me of Hugo in early 90's that hit S. Carolina. I remember a picture of piled up sailboats 50' high after that one. I think it hit Myrtle Beach area.
#716 of 2183 Re: How does gas at $4 and higher impact you? [dave8697] by bumpy Sep 12, 2008 (8:13 pm)
Replying to: dave8697 (Sep 12, 2008 5:35 pm) no, I've put gas in them to the tune of at least $355 a month.   You buy 80-100 gallons of gas a month?
#717 of 2183 Re: How does gas at $4 and higher impact you? [dave8697] by andre1969 Sep 13, 2008 (5:12 am)
Replying to: dave8697 (Sep 12, 2008 5:35 pm) I sort of do the same thing with my old cars, trying to rotate them so that none of them sit too long. Only problem with doing that though, is that I might go for awhile without having to fill up, but when I do, they all need it all at once. So when two '79 New Yorkers with 21 gallon tanks, a '76 LeMans with a 22 (I think, might also be a 21), an '85 Silverado with a 16 gallon tank (the second one is disabled), and a '67 Catalina with 26 gallons all cry "feed me" at the same time, it can get expensive!   Once the nice weather's over, though, the old cars won't get driven as much. And I'll make my car-less roommate drive my '85 Silverado to work, and take back my Intrepid! Replies to this message: nippononly (Sep 13, 2008 9:34 am)
#718 of 2183 Ike spike by mattandi Sep 13, 2008 (6:16 am)
Location Winston-Salem NC   RUG had been hovering around $3.50 or so locally for the last couple of weeks. The station I frequent was at $3.45 Thursday morning. The insanity started around Thursday afternoon/evening. A regional chain began requesting that customers purchase a maximum of 10 gallons at a time in anticipation of shortages due to Hurricane Ike. My usual station was at $3.55 Friday morning. They were at $3.69 by 4:00pm with lines of cars on the surrounding streets. The five o'clock news came on and was reporting widespread panic and gouging. Prices were all over the place with many stations already out of at least RUG. There were reports from a nearby towns of RUG at $5.35 to $5.40. I told my wife I had to see for myself what was going on, so I went for a ride (had to run to the grocery anyway, so I just took the long way ) Another station I frequent was out of all grades of gas. Their sign showed $3.69 for RUG. I rode down a major thoroughfare. Every station had lines out into the streets. Signs said $3.69 to $4.19 for RUG. The $4.19 station had no lines, but was still doing a brisk business. Station by the grocery was at $3.89 and the lines looked to be about 30 to 45 minutes long. When I returned home about 30 minutes or so later, I passed a station where the lines were gone. I watched as a few pulled up to the pumps and then pulled away. Obviously out of gas. My usual station was now at $3.99 and the lines were longer. This morning there are reports of $5.99 RUG in the area. I have not ventured out to see the carnage yet.
#719 of 2183 Report gouging by gagrice Sep 13, 2008 (6:35 am)
President Bush commented on Hurricane Ike this morning. He said, "The storm has yet to pass and I know there are people concerned about their lives." He promised the government will monitor gas prices in the wake of Ike to make sure "consumers are not being gouged."   You can report gas gouging at this website:   http://gaswatch.energy.gov/
#720 of 2183 Re: How does gas at $4 and higher impact you? [andre1969] by nippononly Sep 13, 2008 (9:34 am)
Replying to: andre1969 (Sep 13, 2008 5:12 am) Only problem with doing that though, is that I might go for awhile without having to fill up, but when I do, they all need it all at once   Andre, you are going to have to work on phasing all the cars, so that you only fill have to fill one tank, or two at the most, per month!
#721 of 2183 Ike Ravages Upstate NY by oldfarmer50 Sep 13, 2008 (12:02 pm)
At least you'd think that was the headline from the way these bandits are raising prices. Friday morning RUG $3.59---Friday PM RUG $3.77.   I'm breaking out the sandbags and boarding up the windows. I won't be buying any gas.

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