Gas Prices at it again..

YARDofSTUF · Post by **YARDofSTUF** » Sat Mar 05, 2011 12:11 pm

The real killer with solar is the cost of the batteries.

blebs · Post by **blebs** » Sat Mar 05, 2011 7:27 pm

YARDofSTUF wrote:The real killer with solar is the cost of the batteries.

No kidding. If people aren't working and can't pay whatever now, how the hell are they going to pay for power cells.

YARDofSTUF · Post by **YARDofSTUF** » Sat Mar 05, 2011 9:42 pm

blebs wrote:No kidding. If people aren't working and can't pay whatever now, how the hell are they going to pay for power cells.

The other option is an in-grid system. Not sure if it uses less, or no batteries but you can get full systems for $6500-7500. And some power companies will even pay you back for power you generate and don't use, as it goes into the grid.

Sava700 · Post by **Sava700** » Sun Mar 06, 2011 12:05 am

YARDofSTUF wrote:The other option is an in-grid system. Not sure if it uses less, or no batteries but you can get full systems for $6500-7500. And some power companies will even pay you back for power you generate and don't use, as it goes into the grid.

There needs to be larger tax breaks for investing into these things..but either way we still deal with the problem NOW of fuel prices too high for what we can sustain and still have a health economy.

Sava700 · Post by **Sava700** » Sun Mar 06, 2011 6:03 pm

U.S. gasoline prices increased nearly 33 cents in two weeks, the second-biggest two-week jump in the history of the gasoline market, according to a new survey of filling stations.

The latest Lundberg Survey of cities in the continental United States was conducted Friday. It showed the national average for a price of self-serve unleaded gasoline at $3.51, an increase of 32.7 cents from the last survey two weeks earlier, survey publisher Trilby Lundberg said.

The jump was the biggest since a 38-cent hike between August and September 2005. At the time, the price increase was driven by damage caused by Hurricane Katrina.

The current average price of $3.51 is 61 cents below the all-time high price recorded in July 2008. Today's price is 78 cents higher than a year ago, Lundberg said.

On a side note, Lundberg noted that the rising gas prices could dampen the nation's economic recovery. Gas demand -- one of the reflections of the American economy -- has been growing at a rate of 1%, she said.

"Higher prices today are certainly capable of halting that gasoline demand growth, which would reflect bad news in the economy," she said.

http://www.cnn.com/2011/TRAVEL/03/06/ga ... tml?hpt=T1

Post by **YeOldeStonecat** » Sun Mar 06, 2011 7:10 pm

Gas was so cheap down south a few states..New Jersey, was 3.4something.

Dan · Post by **Dan** » Sun Mar 06, 2011 7:16 pm

it's around $4.25 for reg in san fran bay area

http://www.sanfrangasprices.com/

Prey521 · Post by **Prey521** » Sun Mar 06, 2011 8:08 pm

YeOldeStonecat wrote:Gas was so cheap down south a few states..New Jersey, was 3.4something.

I just filled up in Jersey at $3.29 per for Regular.

Sava700 · Post by **Sava700** » Mon Mar 07, 2011 8:53 am

Well finally the Obama admin is saying something.. perhaps tapping the reserves!! Watching last night they said when the reserves were tapped back in 91 the prices of oil dropped almost 35% from a 35million barrel release. The sooner this is done the better not to mention I think OPEC has said to be having a meeting soon to maybe offset some as well!

If the crisis escalates, some analysts see $4-per-gallon gas right around the corner, and that concern has the Obama administration considering whether to take the drastic step of tapping the nation's oil reserves.

"The issue of the reserves is one we're considering," White House Chief of Staff William Daley said Sunday on "Meet the Press." "I think there is no one who doubts that the uncertainty in the Middle East right now has caused this tremendous increase in the last number of weeks."

The U.S.-held emergency oil supply - called the Strategic Petroleum Reserve - contains 727,000,000 barrels of oil ... enough to supply the nation for several months.

http://www.cbsnews.com/stories/2011/03/ ... ?tag=stack

Sava700 · Post by **Sava700** » Mon Mar 07, 2011 9:00 am

Oil prices rose to a fresh 2-1/2 year high early Monday, climbing above $106 a barrel, as the violence in Libya continues to unsettle the market.

The benchmark U.S. contract, West Texas Intermediate, for April delivery was up $2.26, or 2.1%, to $106.68 a barrel. Oil prices are currently trading at the highest levels since September 2008.

In Washington, meanwhile, there is increasing talk about accessing the nation's strategic petroleum reserves.

Treasury Secretary Tim Geithner told lawmakers Thursday that the U.S. and other nations are prepared to tap back-up oil reserves if Libya unrest continues and severely disrupts oil supplies. However, no official decision has been made.

Despite the supply concerns, many analysts point out that crude stockpiles in the United States and elsewhere remain relatively flush, suggesting that the recent rally in oil prices is driven by speculation.

http://money.cnn.com/2011/03/07/markets ... htm?hpt=T2

Sava700 · Post by **Sava700** » Mon Mar 07, 2011 4:33 pm

Oil settles above $105 a barrel, gasoline tops $3.50

Oil prices continued to set new post-recession highs Monday as forces loyal to Moammar Gadhafi pounded rebels near a key oil port in Libya. It's unclear how long the country's oil exports will be cut off, and traders prepared for a worst-case scenario in which world supplies would be under pressure for months.

Benchmark West Texas Intermediate crude for April delivery gained $1.02 to settle at $105.44 a barrel on the New York Mercantile Exchange. The price almost hit $107 per barrel earlier in electronic trading, the highest level since Sept. 26, 2008.

In London, Brent crude fell 93 cents to settle at $115.04 per barrel.

http://www.cbsnews.com/stories/2011/03/ ... ?tag=stack

blebs · Post by **blebs** » Mon Mar 07, 2011 8:01 pm

Now tell me, why is it that were considering releasing some of our reserves, when what we need to do is stomp on this speculation crap.

Sava700 · Post by **Sava700** » Mon Mar 07, 2011 8:22 pm

blebs wrote:Now tell me, why is it that were considering releasing some of our reserves, when what we need to do is stomp on this speculation crap.

I agree, but I do think just talking about it has a effect on the minds of some greedy investors. From what I can tell listening to the news most of the prices is being drivin by those investors of certain funds and stocks diving into Oil so its driving it up - has nothing to do with supply and demand and we are pumping more oil than we are using throughout the world.

frostybear · Post by **frostybear** » Tue Mar 08, 2011 3:21 pm

oil, what a funny distraction

YARDofSTUF · Post by **YARDofSTUF** » Tue Mar 08, 2011 3:38 pm

blebs wrote:Now tell me, why is it that were considering releasing some of our reserves, when what we need to do is stomp on this speculation crap.

Utah has the start of that, with gold and silver being made legal tender. Step 1 in reverting to the gold standard.

Qwijib0 · Post by **Qwijib0** » Tue Mar 08, 2011 7:07 pm

Sava700 wrote:Found this in a big article today - certainly doesn't look good for even next generation unless we can produce alternatives that don't cost an arm and leg to shift to NOW, not 20years from now.
http://www.cbsnews.com/stories/2011/03/ ... Content.13

Thorium Nuclear.

blebs · Post by **blebs** » Tue Mar 08, 2011 10:10 pm

http://www.wkyc.com/news/article/179363 ... RONTPAGE|t

Sava700 · Post by **Sava700** » Tue Mar 08, 2011 10:32 pm

blebs wrote:http://www.wkyc.com/news/article/179363 ... RONTPAGE|t

Only the beginning really... this has been going on since it hit over $2/gallon. The only way to prevent things like this is to get prices below that $2/gallon mark.

YARDofSTUF · Post by **YARDofSTUF** » Tue Mar 08, 2011 10:41 pm

Sava700 wrote:Only the beginning really... this has been going on since it hit over $2/gallon.

Well which one is it?

Sava700 · Post by **Sava700** » Tue Mar 08, 2011 11:37 pm

YARDofSTUF wrote:Well which one is it?

I broke the sentence apart... the beginning of what he posted. But in a whole things like that have been happening since the $2/gallon mark was broken. I have family that run small businesses and need to travel alot or have a company vehicle, they all say the same thing that since it went over that amount it's gotten really hard to profit as they were and grow.

blebs · Post by **blebs** » Wed Mar 09, 2011 11:30 am

I should have copped the link........These prices, based purely on speculation, can/are going to cost up to 600,000 jobs.

Sava700 · Post by **Sava700** » Wed Mar 09, 2011 5:18 pm

blebs wrote:I should have copped the link........These prices, based purely on speculation, can/are going to cost up to 600,000 jobs.

Ohh I'm sure those numbers will be much higher if the prices don't come back down soon!! I filled up today at $3.49/gallon way WAY too much!!!

Humboldt · Post by **Humboldt** » Wed Mar 09, 2011 10:34 pm

Sava700 wrote:Ohh I'm sure those numbers will be much higher if the prices don't come back down soon!! I filled up today at $3.49/gallon way WAY too much!!!

Below the national average.

Sava700 · Post by **Sava700** » Thu Mar 10, 2011 12:24 am

Humboldt wrote:Below the national average.

Yeah we always stay slightly below it here..but the national average shouldn't be any higher than $2/gallon based on tracking of increases over the last 20years when its just everyday business.

Humboldt · Post by **Humboldt** » Thu Mar 10, 2011 12:53 am

Sava700 wrote:Yeah we always stay slightly below it here..but the national average shouldn't be any higher than $2/gallon based on tracking of increases over the last 20years when its just everyday business.

I saw an article this morning that my city has the highest gas prices in California, which has the highest prices in the country.

Well over $4 per right now.

Sava700 · Post by **Sava700** » Thu Mar 10, 2011 2:23 pm

Eye-popping gas prices on a weekend trip to Yosemite National Park in California have Damaris Santos-Palmer rethinking a family road trip.

Santos-Palmer, her husband and two young children were planning to drive from their Santa Cruz, California, home to New York over six weeks this summer.

"If the gas prices stay the same or continue to go up, we're not going to do it," Santos-Palmer said.

They were planning to stay in hotels and with family and friends along the way.

"But now, there's no way we're going to stay in hotels. If the gas prices continue to be like this, we're just going to have to find places to stay with people or not do the trip at all."

Gas prices could take a bite out of the travel market if other American families pull back on spring and summer road trips.

Santos-Palmer's family celebrated her 28th birthday over the weekend at Yosemite, a five-hour drive from home. Gas near the park, where supply is scarce, was running close to $4.50 per regular gallon, she said. On average, Californians were paying $3.92 a gallon Wednesday, 40 cents above the national average of $3.52, according to AAA's daily report.

Back East, gas prices haven't cut into strong demand yet at Seralago Hotel & Suites in Kissimmee, Florida, three miles from family travel magnet Disney World. Bookings right now are better than last year as the economy starts to brighten, said general manager Jan Rietveld.

But if fuel prices stay high and continue to rise, he said he expects business to drop a bit as people tailor their plans to suit their budgets.

"If they normally would take a long trip, they go closer in," he said.

Staying closer to home is exactly what some travelers did during the summer of 2008 when fuel prices reached record highs, said AAA national spokesman Troy Green. Still, Americans have a strong desire to travel, and those who book months in advance are likely to go, possibly cutting back on spending for lodging, dining or incidentals, Green said.

AAA won't issue a travel forecast until a few weeks before Memorial Day. In the summer of 2008, the automobile club forecasted a slight decrease in travel for Memorial Day, July Fourth and Labor Day due to economic woes and gas prices hovering around $4 a gallon that July.

For now, Rietveld and other industry professionals are feeling good about spring break.

Panama City Beach, Florida, is looking at a strong spring in the wake of the devastating oil spill last year. The oil disaster doesn't seem to be affecting spring break travel at all, said Dan Rowe, president of Panama City Beach's visitors bureau.

The popular Gulf Coast destination sees the arrival of hundreds of thousands of students as an opportunity to show the world that the oil is gone, he said.

Rowe said he's hoping that gas prices don't dampen the appetite for summer travel. The incremental increase per gallon for gas isn't likely to add that much to the overall cost of a trip from most of the destination's top markets in neighboring states, but lodging providers will be ready with incentives to ease travelers' concerns if prices stay high into the summer, Rowe said.

In 2008, many local lodging companies offered gas gift cards and other added values.

"Anything we can do to make it easier for people to say, 'Yes, I want to come to the beach,' " Rowe said.

In Tampa Bay, Florida, the Busch Gardens theme park is expecting a great year, said park president Jim Dean in an e-mail.

"We have not yet seen our attendance affected by rising gas prices," he said.

A Disney World spokesman declined to comment on how the rising price of fuel might affect that park, but at least one Californian is putting off a trip to sister park Disneyland.

Santos-Palmer said she wanted to take her son to the amusement park in Anaheim, California, for the first time in April to celebrate his fifth birthday, but she "just can't do it."

"It would be more on gas for the two of us than for both of our tickets combined," she said.

http://www.cnn.com/2011/TRAVEL/03/10/ga ... tml?hpt=T2

blebs · Post by **blebs** » Thu Mar 10, 2011 5:02 pm

This may well be the final snapping point to bring the whole house of cards crashing down.

Post by **YeOldeStonecat** » Thu Mar 10, 2011 5:21 pm

blebs wrote:Now tell me, why is it that were considering releasing some of our reserves, when what we need to do is stomp on this speculation crap.

Exactly...America has oil...and our current gas prices are not controlled by supply and demand at all.
It's a greedy controlled market...and....I stumbled across this
http://news.yahoo.com/s/nm/20110309/lf_ ... us_usa_oil

That's pretty interesting. We need to stop purchasing gas from companies that get most of their oil sources from the middle east, *exxon, mobile, etc) and we need to purchase our gas from companies that get most of their oil from the US, south america..or heck I don't mind BP. Gas companies such as Sunoco and Hess.

Sava700 · Post by **Sava700** » Thu Mar 10, 2011 8:24 pm

Gas prices expected to Soar past $4/gallon!!!

http://moneywatch.bnet.com/economic-new ... Content.10

Consumers are hunkering down for a whole lot more pain at the gas pump. Gallup reports that nearly half of Americans say they expect to pay at least $4 a gallon for gas at some point this year, or nearly 50 percent more than what we were shelling out a year ago. The CEO of Exxon Mobil recently said $4 a gallon would be a “significant emotional event for a lot of people.” Well yeah, if you count being mad-as-hell at the financial hit we’re taking as “emotional.”

Perhaps most troubling if you happen to be Ben Bernanke is that 27 percent of Gallup poll respondents eventually expect to pay $5 a gallon for gas. That’s the sort of headwind the economic recovery could do without right about now.

For now, keep your eye out for gas heading over $4.11 a gallon. That’s the average record high posted by AAA in July 2008. Once “all-time record” headlines start to flow, that could surely start to chip away at our national psyche, to say nothing of putting a bigger dent in our wallets.

Clearly, we’re moving past the “this isn’t amusing” stage, to “yikes, this could be a really big deal.” The $3.53 average price we’re now paying, according to AAA, is already 75 cents more than a year ago. And according to the Gallup poll, the average we’re expecting to pay at some point this year is $4.36 a gallon, a 57 percent increase from a year ago.

Sava700 · Post by **Sava700** » Fri Mar 11, 2011 8:12 am

Gas prices may fall!!! Oil prices fell below $100barrl yesterday but stocks are falling like crazy with the quake news!!! Maybe this will drop gas prices back to normal!

Commodities also took a hit, with oil and metals prices falling. Oil prices fell below $100 a barrel, while gold fell near $1,400 an ounce.

Post by **YeOldeStonecat** » Fri Mar 11, 2011 8:22 am

Sava700 wrote:Gas prices may fall!!! Oil prices fell below $100barrl yesterday but stocks are falling like crazy with the quake news!!! Maybe this will drop gas prices back to normal!

Nope...just a dimes worth of brief relief.
Won't fix the 2 big causes
*Speculating
*The majority of our oil/refinery infrastructure is geared towards imported oil from shoreline ports.

Sava700 · Post by **Sava700** » Fri Mar 11, 2011 8:25 am

YeOldeStonecat wrote:Nope...just a dimes worth of brief relief.
Won't fix the 2 big causes
*Speculating
*The majority of our oil/refinery infrastructure is geared towards imported oil from shoreline ports.

According to early talks the market is going to dive like crazy..oil will drop so we can only hope gas prices drop and keep dropping.

Qwijib0 · Post by **Qwijib0** » Sat Mar 12, 2011 1:15 pm

Everyone should give this a read. The most telling part are the graphs at the end that show US production UP and demand DOWN... and yet prices keep rising

http://forums.somethingawful.com/showth ... id=3396041

blebs · Post by **blebs** » Sat Mar 12, 2011 6:27 pm

I just read where soon, the stock market is going to collapse or suddenly drop by 40%. Anyone that doesn't see this coming is either not wanting to see it or they simply don't believe it will happen. Presumably within the next 1 to 2 years. The government has completely pulled the blinds over peoples eyes and are manipulating figures and the stock market. Uncle Ben can't keep printing money to cover things up anymore.

Sava700 · Post by **Sava700** » Mon Mar 14, 2011 11:07 am

Last I've seen prices have leveled off a little but I'm curious as to what they will do today considering this is the next business day after the quake.

Sava700 · Post by **Sava700** » Tue Mar 15, 2011 8:58 am

Well first state to hit $4/gallon again has happened!! Something needs to be done ASAP!!

HONOLULU - Americans are feeling the pain at the pump. In Hawaii, the sting just got a little worse.

The state reached the dubious milestone Monday of being the first in recent years where the average price for a gallon of regular unleaded gasoline has reached $4, according to AAA's Daily Fuel Report.

The Aloha State's average of $4 per gallon is the highest in the nation, beating California's average of $3.96. Alaska has the third highest average price at $3.90.

"Of course I'm not happy about it at all, but no one is," said Irma Lai, who was filling up her small SUV at a Big Island gas station that was charging $4.22 a gallon. "What the hell can I do? I have to drive. I can't walk everywhere. I use a cane."

Lai isn't the only one upset, and some are beginning to worry that consumers' increased spending on gasoline won't leave enough for other spending to fuel the nation's economic recovery.

"$4 is definitely a psychological mark," said Marie Montgomery, spokeswoman for the Automobile Club of Southern California, which covers Hawaii.

She said many stations have avoided changing their price signs, hanging onto the 3s as long as possible.

http://www.cbsnews.com/stories/2011/03/ ... ?tag=stack

blebs · Post by **blebs** » Tue Mar 15, 2011 12:06 pm

So what's wrong with this picture?

Light Sweet Crude Oil
MAY-2011 99.34

New York Harbor RBOB (Blendstock) Gasoline
MAY-2011 2.83

Prices are going down on Wall St., but still rising at the pumps. GOUGEAMATIC.

I'm telling ya, this is the tipping point that is going to bring the whole house of cards known as Wall St down.

Sava700 · Post by **Sava700** » Tue Mar 15, 2011 12:46 pm

Well this is a start but no where near how far it needs to come down..the national average needs to be below $2/gallon to allow the economy to rebound.

Oil prices fell more than $3 per barrel, or about 3%, on Tuesday as investors saw their high expectations overshadowed by the impact of the Japanese crisis on the global economy.

U.S. crude for April delivery slid $3.15 to $98.04 a barrel in electronic trading. The contract was down as much as $4.48 before rebounding.

With the halt in oil's recent rise, the motorist group AAA reported on Tuesday that gas prices declined, snapping a 20-day streak of increases.

AAA said the U.S. average price for gas is $3.556, down 0.2 cent from Monday. The highest average prices are found in Hawaii, at $4.016 a gallon, with the lowest in Wyoming, at $3.277.

http://money.cnn.com/2011/03/15/markets ... htm?iid=EL

Sava700 · Post by **Sava700** » Sun Mar 20, 2011 7:31 pm

Gas prices have jumped nearly 7 cents a gallon over the past two weeks, reaching a level more than 75 cents higher than they were a year ago, according to a survey published Sunday.

The average price for a gallon of self-serve regular is $3.57, the Lundberg Survey found. That's 6.65 cents higher than the price the same survey found two weeks earlier.

The latest spike suggests that the dramatic price increases are slowing down, said publisher Trilby Lundberg. Between February 18 and March 4, the survey had found an increase of about 33 cents. That hike corresponded to an increase in crude oil prices amid unrest in more than a dozen countries in the Middle East and north Africa, six of which are OPEC members, Lundberg said.

The new jump in prices at the pump comes despite a drop in crude oil prices over the past two weeks. Lundberg described that as "follow-through" from the previous spike in oil prices.

http://www.cnn.com/2011/US/03/20/gas.pr ... tml?hpt=T2

blebs · Post by **blebs** » Sun Mar 20, 2011 7:35 pm

The end is near. Stock up on Ammo, Firearms, MRE's, food items of all sorts and get ready to watch the rioting begin right here in the good old U.S.A.