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N Central Ks; $2.999/gal, up 20-cent

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Rob

08-31-2005 14:15:25

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from yesterday which was up 16-cent from the day before.

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Gaspump

09-01-2005 11:32:26

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

Just gassed up an hour ago for $2.839, as usual I went to Exxon at I-95 & US-1 N of Daytona Beach. Stations at that intersection ranged from Mobil at $2.779 to Race-Trac at $3.099 strange, Mobil is always the highest and Race-trac is always the lowest, what is going on!

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BillM (OH)

08-31-2005 20:23:14

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

Up 40� to $3.059 from yesterday -- I filled up everything yesterday and will see how long I can make it last.....Next one will probably be $3.75! May have to get out my bicycle and get some goats or let the grass grow.

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Randy442N

09-01-2005 02:35:07

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to BillM (OH), 08-31-2005 20:23:14

Here in East Tennessee the price is $3.29 up .83 cents from $2.46 Monday of this week

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John (TR)

08-31-2005 20:01:44

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

Davenport Iowa yesterday evening 2.59. This morning 2.99. Rock Island IL yesterday 2.69. This afternoon was 3.29.

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DaBrow

08-31-2005 19:45:29

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

Regular gas in New Brunswick,Canada.{Thats on the east coast} Hit as high as $4.45/us gal, in USD !!!!! !!!!

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Lytemup

08-31-2005 18:58:32

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

Michigan:
sunday: 2.60/gal
wednesday: 3.30/gal

that large of an increase although there was technically no less supply here, so the rise was an anticipation of supply and demand, i call that gouging.

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Kornfused

08-31-2005 18:49:20

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

$2.89 at 3pm in North Western MO. Was told to expect over $3.00 by morning. Heard it was already over $3.00 in Kansas City. I'm not haying - cheaper to buy hot wire and turn the animals loose on the fields.

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RobPA

08-31-2005 15:54:59

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 14:15:25

Gas jumped 20 cents in the past two days here also.

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Rob

08-31-2005 16:04:30

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to RobPA, 08-31-2005 15:54:59

Premium $6.079/gal in Atlanta.

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RMAC (KY)

08-31-2005 16:24:06

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to Rob, 08-31-2005 16:04:30

If I sold ply-wood for $100 a sheet, I'd go to prison.

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ericlb

08-31-2005 16:44:20

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to RMAC (KY), 08-31-2005 16:24:06

diesel is 2.90 here, and expected to be at 3.10 by tommorrow, i burn 100 gallons a day! except today, there comes a time to throw the keys on the floorboard and walk away!

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TennesseeMan

08-31-2005 16:55:28

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to ericlb, 08-31-2005 16:44:20

This is nothing more than legalized stealing. Our gas here in Union City, TN went from 2.47 to 2.89 in two days. What the heck can we do?

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JeremyS

08-31-2005 17:02:52

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to TennesseeMan, 08-31-2005 16:55:28

Upstate NY, Fulton area is 2.79 at the low end to 3.29 on the high end for regular. I drive by 5 stations on the way home. Guess which station was empty, and which one has cars lined up into the road... By the way, the 3.29 station was 2.91 this morning!

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gahorN

09-01-2005 01:30:38

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to JeremyS, 08-31-2005 17:02:52

OK, now. Lessee...Economics 101: Law of Supply and Demand There is a shortage of refining capability in the U.S. (This is frequently blamed on EPA regulatotions which is easy to believe...but is actually false. The reason refineries have not been built in recent years is because the money ain't in refining....it's in exploration.) So...with a shortage of refining capability,...there is a resulting increase in gasoline prices due to shortage of gasoline. And, naturally, ....since there's a higher gasoline price...the public will believe it must be due to higher crude oil prices....so that's what we'll tell 'em. This helps support the ever increasing prices-per-barrel we'll charge for the crude. They'll never remember that since there's a shortage of refining capability that there's no way to REFINE ALL THAT CRUDE...which will result in an excess of crude on the market...which will lead to falling crude prices.... So we'll just keep raising the price of crude and tell 'em it's a vicious circle. Translation: It's all B.S. If there's a shortage of refineries,...and if Katrina just shut down even more refineries....then the price of oil should plummet due to excess crude availability. What possible good will it do to release the Naval Reserves? None. But it's more B.S. to distract the public with. They are all thieves. The oil companies and their political puppets.

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Erik Graham

09-01-2005 05:41:29

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to gahorN, 09-01-2005 01:30:38

There isn't much incentive to improve refining capacity is there? If I had a 50 year old facility that was an effective bottleneck in the supply/demand loop I wouldn't be rushing to fix it either. I suspect major oil companies all explore,drill,refine and distribute-a closed loop system that is meticuously maintained. At the end of the day it's all about market tolerance. As long as the market will tolerate the price (applies to any commodity) the price will stay as high as the market's ability to absorb it.

Erik

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WV8N

09-01-2005 05:09:27

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to gahorN, 09-01-2005 01:30:38

Glad someone else can see whats going on. Let em elect another oil man to the white house...geez

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B Watson

09-01-2005 09:58:57

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Re: N Central Ks; $2.999/gal, up 20-cent in reply to WV8N, 09-01-2005 05:09:27

Here's what gets me, who drills for oil? the oil companies, who buys the crude? the oil companies, who refines the crude? the oil companies, who retails the gas? the oil companies.

So who speculates on oil futures? the oil companies.

If ever there were a case for global collusion the oil industry most certainly qualifies.

Who's going to stop them? not a single government in the developed world since they all generate huge revenues by taxing gas. Time to bring back what the French called the "national razor"

BP has an add on TV wherein they proclaim there commitment to alternative energy and a clean environment, by their investment in natural gas!

How stupid do they think we are!

I used to think that the problems with western governments were so bad we needed to find another Teddy Roosevelt, but now I'm starting to think we need a Thomas Jefferson, if you get the picture.

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