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What the Heck Is Going On With Gas Prices Again?

JM2300
JM2300
May 28, 2012
9:59am
Block User
Quote
Originally posted by: BAGIANT
Today some Arco stations dipped to $4.159 a gallon.

Do you have to buy 3 gallons to get it at this price?


My bad, I'm in the wrong thread.
BAGIANT
BAGIANT
May 30, 2012
11:14am
Block User
He had to mean the commodities market. That's where all the speculation takes place.
chefantwon
chefantwon
May 30, 2012
1:07pm
Block User
Quote
Originally posted by: BAGIANT
Quote
Originally posted by: alanleroy
US Crude Oil supplies are at a 20 year high. The price of gas is bound to come down....maybe way down....as long as that Iran Nuke poster's warnings don't come to pass.

California is doing the summer shift to different blends...that's always a good excuse for higher prices...temporary higher prices.


Why would Calif. have to switch to a different blend of gas? Very rarely do temps dip below 40 degrees, and you have to be up in the higher elevations to get them to dip to freezing! It's just another scam by the oil companies.


Simple, its called s m o g.

California has their own blends as to reduce pollution. Kinda like the reason why you have emissions testing on your cars every year. This particular blend costs more to produce and you get charged more for it.
BAGIANT
BAGIANT
Jun 2, 2012
5:32am
Block User
Now I'll tell you what is such BS. When oil was $98 a barrel about two weeks ago, Arco regular was $4.199 a gallon. Since then, even as a barrel of oil has dropped to $88 a barrel, our gas prices ROSE again, and have now settled to where they were two weeks ago...even though the cost of a barrel has dropped $10. Is that the pits or what?

KarenTN
KarenTN
Jun 2, 2012
9:01am
Block User
gas is way down here. I saw $3.24 for regular and paid $3.37 for mid-grade the other day.
jatki
jatki
Jun 2, 2012
10:06am
Block User
3.34-3.47 here
O2bnVegas
O2bnVegas
Jun 2, 2012
11:13am
Block User
$3.12 yesterday.
Dan Svatass
Dan Svatass
Jul 10, 2012
6:09am
Block User
Gas prices are much lower than some alarmists were predicting a few months ago:

Certainly, this summer, we’ll see the highest gas prices in years.
- John Boehner, Speaker of the House, February

Right now we’re headed toward $5 a gallon and by the end of summer – maybe 6.
- Bill O’Reilly, Fox News, February

They’re gonna go to $5, $6, $7.
- Donald Trump, vulgarian, April

Right now, the average gallon pumped in the US sells for $3.38 A year ago, that price was 7.3% higher.

I'm pleased by the decrease in gas prices over the past year. It's nice that these predictions about this summer's prices seem unlikely to come to pass.
marcisdave
marcisdave
Jul 10, 2012
8:21am
Block User
Quote
Originally posted by: Chilcoot
Gas prices are much lower than some alarmists were predicting a few months ago:

Certainly, this summer, we’ll see the highest gas prices in years.
- John Boehner, Speaker of the House, February

Right now we’re headed toward $5 a gallon and by the end of summer – maybe 6.
- Bill O’Reilly, Fox News, February

They’re gonna go to $5, $6, $7.
- Donald Trump, vulgarian, April

Right now, the average gallon pumped in the US sells for $3.38 A year ago, that price was 7.3% higher.

I'm pleased by the decrease in gas prices over the past year. It's nice that these predictions about this summer's prices seem unlikely to come to pass.







Yep....and if you called those 3 on their oh-so-accurate predictions, they would just deny ever having said it.
snidely333
snidely333
Jul 10, 2012
9:41am
Block User
The US president is powerful but the price of gasoline is beyond his control.
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