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Thread: Gas Prices

  1. #161
    Rehabilitated Spammer Massa's Avatar
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    Regular is between 3.50 and 3.75 a gallon US here, and that's in a cheaper portion of the country. In Vancouver prices can reach over 4USD per gallon. And the ironic part is we're massive oil producers.

  2. #162
    R.I.P. 2017-10-02 Joint Chiefs of Staff's Avatar
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    About 75 cents a gallon for Super Extra Premium.
    >>Cult Master of International Affairs<<

  3. #163

  4. #164
    Ohh Hell yeah.. Sava700's Avatar
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    Oil Prices Top $100 For First Time Ever

    Oil prices jumped sharply Wednesday, setting a new trading record and reached $100 a barrel for the first time ever on supply concerns sparked by renewed violence in Nigeria and a warning that OPEC may not be able to meet its share of global oil demand by 2024.

    Word that several Mexican oil export ports were closed due to rough weather added to the gains.

    In Nigeria, bands of armed men invaded Port Harcourt, the center of the oil industry Tuesday, attacking two police stations and raiding the lobby of a major hotel. Four policemen, three civilians and six attackers were killed. The Niger Delta Vigilante Movement claimed responsibility for the attack.
    There goes energy prices as a whole.... better fill up today to save a few bucks!

  5. #165
    Ohh Hell yeah.. Sava700's Avatar
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    More from same news clip...

    At the pump, meanwhile, gas prices rose 0.6 cent Wednesday to a national average of $3.049 a gallon, according to AAA and the Oil Price Information Service. Gas prices, which typically lag the futures market, have edged higher in recent days as oil has approached $100.

    Michael Fitzpatrick, vice president of energy at MF Global, told CBS Radio that consumers will feel the pinch of those higher prices.

    "Every time the bumper of the SUV goes across the curb of the driveway to soccer practice or ballet lessons or whatever, it's going to cost more and more and more," Fitzpatrick said.

    Gas prices peaked at $3.227 a gallon in May as refiners faced unprecedented maintenance issues and struggled to produce enough gasoline to meet demand. A similar scenario is expected this spring, when gas prices could peak above $3.40 a gallon, according to the Energy Department's Energy Information Administration.

    But until the production rises in the spring to meet summer driving demand, gasoline prices will follow oil's lead, analysts say. Oil prices have risen in recent weeks in part on concerns about supply disruptions in Iraq and Nigeria, and as domestic inventories have fallen for several weeks in a row.

    Inventories likely fell last week by 1.8 million barrels, according to the average estimate of analysts surveyed by Dow Jones Newswires. That expectation was also pushing oil prices higher, analysts said.

    "(A decline) is not anything unusual for this time of year, but when it happens for 7 weeks in a row, it starts to add up," Kurzendoerfer said.

    The EIA's inventory report, delayed until Thursday this week due to the New Year's holiday, is also expected to show gains in gasoline supplies and refinery activity, and a decline in supplies of distillates, which include heating oil and diesel.

    In other Nymex trading Wednesday, February heating oil futures rose 9.28 cents to $2.7422 a gallon while February gasoline futures climbed 8.07 cents to $2.5717 a gallon. February natural gas futures advanced 26 cents to $7.743 per 1,000 cubic feet.

    In London, February Brent crude rose $3.08 to $97.55 a barrel on the ICE Futures exchange.

  6. #166
    Second Most EVIL YARDofSTUF's Avatar
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    Gold is going up too.

  7. #167
    Ohh Hell yeah.. Sava700's Avatar
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    Quote Originally Posted by YARDofSTUF View Post
    Gold is going up too.
    yeah some but do you use gold to power your car back and forth to work..if your working yet?

  8. #168
    Second Most EVIL YARDofSTUF's Avatar
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    Quote Originally Posted by Sava700 View Post
    yeah some but do you use gold to power your car back and forth to work..if your working yet?
    No I use it to heat the house.

  9. #169
    Ohh Hell yeah.. Sava700's Avatar
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    Quote Originally Posted by YARDofSTUF View Post
    No I use it to heat the house.
    aww ok, yeah that would be cheaper than this:

    In other Nymex trading Wednesday, February heating oil futures rose 9.28 cents to $2.7422 a gallon while February gasoline futures climbed 8.07 cents to $2.5717 a gallon. February natural gas futures advanced 26 cents to $7.743 per 1,000 cubic feet.

  10. #170
    Second Most EVIL YARDofSTUF's Avatar
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    Have to check the nat gas bill, see if its affected us.

  11. #171
    Ohh Hell yeah.. Sava700's Avatar
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    Quote Originally Posted by YARDofSTUF View Post
    Have to check the nat gas bill, see if its affected us.
    mine has been steady if not rising some in the last 6months..Just praying for it to be calm the rest of this winter. Never made it above 32today and is already 24 now. I expect to see single digits tonight in these mountains.

  12. #172
    Second Most EVIL YARDofSTUF's Avatar
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    The high for tommorrow is 17.

    On a surprising plus side, our electric bill was really low, they lowered the rate lik e1/2 a cent.

  13. #173
    Ohh Hell yeah.. Sava700's Avatar
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    2.99/gallon regular average around here... thats slightly below the national average but after yesterday and hearing that OPEC isn't going to boost production I expect it to raise some more or stay where it is for a little bit but I do expect 3.40$/gallon by May cause of the "Driving season" excuse.

  14. #174
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    Down 5 cents since yesterday.. odd how it fell like that, but kinda sucky since I just filled my tank up the day before

    Anyone else having changes like this? up/down?

  15. #175
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    U.S. Energy Secretary Samuel Bodman told Saudi Arabia's oil minister Saturday that OPEC should increase oil output.

    Bodman told reporters before his meeting with Saudi Oil Minister Ali Naimi that oil production should be increased in order to meet growing demands.

    His visit to Saudi Arabia - which has the world's largest supply of oil - come just before a Feb. 1 meeting of the Organization of Petroleum Exporting Countries meeting in Austria in which the oil cartel could consider increasing oil production if it deems it necessary.
    Light, sweet crude for February delivery rose 44 cents to settle at $90.57 a barrel on the New York Mercantile Exchange on Friday, but prices alternated frequently between gains and losses.
    http://www.cbsnews.com/stories/2008/...n3731620.shtml

  16. #176
    Second Most EVIL YARDofSTUF's Avatar
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    Maybe on Feb 1st they'll all sit down and watch footage of us asking for cheaper gas prices and laugh.

  17. #177
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    Quote Originally Posted by YARDofSTUF View Post
    Maybe on Feb 1st they'll all sit down and watch footage of us asking for cheaper gas prices and laugh.
    perhaps...

  18. #178
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    Big Gas Price Hike Likely Come Springtime

    HERE COMES 4$/Gallon gas guys.. get ready for it!


    Get ready for another surge in gasoline prices.

    Experts are predicting pump prices, which jumped by almost a dollar a gallon in each of the last two springs in many parts of the United States, will spike again this year as refiners and gas stations switch from winter- to summer-blended fuels.

    The increases, starting as early as February in southern California, could push the average national price to a record $3.50 a gallon or more by June.

    That would be 17 percent higher than today's average of just under $3 a gallon, which already is about 80 cents a gallon higher than year-ago levels thanks to the surge of crude oil that took futures prices briefly to $100 a barrel. Prices in urban areas on each coast could approach $4 a gallon.
    http://www.cbsnews.com/stories/2008/...n3773692.shtml

  19. #179
    Moderator Roody's Avatar
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    2 words used alot during the Bush Administration's run in the Oval Office. Surge and Embolden.

  20. #180
    Advanced Member JAFO's Avatar
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    3.09 / gal for 87 octane in Beckley West Virginia

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