Gas has gone from $1.79 to $2.35 in 3 weeks here
Thats 30% in 3 weeks. 
Gas has gone from $1.79 to $2.35 in 3 weeks here
Thats 30% in 3 weeks.
Hopefully it keeps going up.
It's never gone below $2.20 here and I'm still paying $3.36 for diesel.
Yesterday morning I paid $1.91 for the cheap stuff for Subarust. End of the day the same station was $2.35.
Still better then that nearly $4/gal crap from not that long ago....
Giant Purple Snorklewacker wrote: It's never gone below $2.20 here and I'm still paying $3.36 for diesel.
I found that rather intriguing too; gasoline and E85 both dropped down below $2 but diesel stayed above $3. The price of a product that is derived from 85% plant products and 15% petroleum tracks right along side a 90% petroleum, 10% ethanol product yet diesel, which requires less refinement from crude oil to finished product than gasoline yet still costs more. I guess I'm too dumb to grasp the logic in that scenario.
It's almost like they know there is a never-ending demand for diesel they can exploit or something...
In reply to The_Jed:
On road taxes.
What's that fish I see swimming up from the depths? 
Jaws ??
The dip in gas prices saved me a grand total of about $10~$20.
Ranger50 wrote: Still better then that nearly $4/gal crap from not that long ago....
Yes, absolutely.
Jerry wrote: Yesterday morning I paid $1.91 for the cheap stuff for Subarust. End of the day the same station was $2.35.
Thats the weirdness I'm talking about....
Gas prices on the rise again... Thanks Obama!
GameboyRMH wrote: The dip in gas prices saved me a grand total of about $10~$20.
I spent my savings at lunch- how about you?
Curious. Just what does Pres. Obama or any other President have to do with gas prices.
I've been saving $20-$30 a week. Thats huge for low income folks...
iceracer wrote: Curious. Just what does Pres. Obama or any other President have to do with gas prices.
Short term, not much. The market or speculation of the markets' future takes care of that. See how prices go up when a hurricane is predicted to hit near refineries?
Long term policies regarding where, who and how oil can be attained does eventually affect prices.
It's always interesting to include domestic suppliers profit margins per gallon into the conversation. And don't forget how much we are paying in taxes alone per gallon (~$.50/gallon. That's $10.00 in taxes for 20 gallon fill-up) 
When Exxon earned $40 Billion in 2007 that's all people saw. The fact that they paid out $100 Billion in taxes and royalties that year to do it goes mostly unreported.
Unions at several large refineries are on strike. The market is reacting by making money.
Bear in mind that diesel is a close cousin in the refining process to jet fuel and heating oil. Seasonal demand for heating oil is probably a factor. The other thing is that airlines have been doing really well--lots of flights, high load factors, etc. They are buying a lot of fuel thanks to a strong economy leading to higher demand.
So to throw a poliical monkey wrench into the conversation, Obama Administration policies have been effective in sparking a recovery (Like austerity? move to Greece and see how well it works.) and that recovery has helped airlines who in turn drive up the price of diesel and related fuels.
Economics. It's not as boring as you think.
alfadriver wrote:GameboyRMH wrote: The dip in gas prices saved me a grand total of about $10~$20.I spent my savings at lunch- how about you?
In more gas when I (accidentally) set my Sammy to run too rich for a couple days, right before the front axle seized up leaving it in a mall parking lot where it still sits today (can't afford to call a tow truck).
The_Jed wrote:Giant Purple Snorklewacker wrote: It's never gone below $2.20 here and I'm still paying $3.36 for diesel.I found that rather intriguing too; gasoline and E85 both dropped down below $2 but diesel stayed above $3. The price of a product that is derived from 85% plant products and 15% petroleum tracks right along side a 90% petroleum, 10% ethanol product yet diesel, which requires less refinement from crude oil to finished product than gasoline and still costs more. I guess I'm too dumb to grasp the logic in that scenario. It's almost like they know there is a never-ending demand for diesel they can exploit or something...
There's a gasoline glut but no diesel fuel glut. A couple refineries will supposedly go off line for one reason or another, thus reducing the amount of gasoline and causing prices to rise. Prices will rise anyway because "summer gas" is more costly to produce than "winter gas."
Ah jeez, this topic again... When will you guys learn to budget fuel under you're "fun money" tab? Lol.
Trackmouse wrote: Ah jeez, this topic again... When will you guys learn to budget fuel under you're "fun money" tab? Lol.
That'd be great for the millions of people that use thier vehicles for work that need to take increased fuel prices out of thier take-home pay.
And for those few of us that buy food...
Ain't nothing fun about paying for gas, if I got my commuting fuel expenses covered by work, it would be similar to a raise the likes of which my generation has never seen.
You'll need to log in to post.
