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I cursed under my breath and swung the Audi back in line . People were yelling and screaming at each other for a spot in the station untill they realized the price went up. Got into their SUV's and sheepishly drove off
$1.59--Regular Unleaded
$1.69--Mid-Grade Unleaded
$1.79--Premium Unleaded.
Maybe a slight gas war going on there.
I'm hoping they will sit at that price tomorrow when I fill up, but these days, who knows. The gouge goes on.
2021 Kia Soul LX 6-speed stick
Reg: 1.659
Mid: 1.759
Prem:1.859
About the norm here now
My dad's from there.. went to Mohanasen, grew up on Barber Drive.
Now today it is ONLY $1.60-2.00. It amazes that people [non-permissible content removed] anytime gas goes up one freekin' cent. But the cost of everything (you're paying $5 per gallon for bottled water) has tripled and quadrupled in the past 20 years.
My father bought a brand spankin' new 4x4 Chevy Suburban in 1980, loaded to the nines. He paid less than $12,000 for it. A similarly equipped Suburban today cost in excess of $45,000. That's a 400% increase people. And yet you don't [non-permissible content removed] about that.
Please don't tell me how much better the new Suburbans are. Dad's old 80' is still running strong with 310,000 miles and has had nothing major done to it. It also get's 16-18 mpg. I know the new ones are more advanced....but 400 percent!
If gasoline had increased like everything else in the past 20 years (cars, clothing, houses, milk) you'd be paying at least $3.00 per gallon. But instead I filled up today with 87 for $1.61. A mere 21% increase from 20 years ago. What a bargain. Too bad I can't buy a new 4x4 Suburban for $14,500.
PS: For all you idiots that think you're being gouged by oil theives that have total control over the market. If this is true then what keeps them from jacking the price to $5, $6, $20 per gallon or even higher? Use your head for something other than a hat rack.
The lowest price nationwide was in Tulsa, Oklahoma, where a gallon of self-serve regular cost $1.49."
Sorry CNN, yesterday I paid $ 1.40 per gallon at Chapel Hill Road and Interstate 20. $1.49 is high around here.
Personally I wouldn't mind if the tax drove the price up to $3.00 per gallon.
http://photos.thedieselstop.com/showphoto.php?photo=8709&size- =big&papass=&sort=1&thecat=
I agree. Gas is still really cheap here, especially when you consider what people in other parts of the world pay for it. When it gets to about $5 per gallon is when my driving habits will start to change. Otherwise it's just business as usual. BTW my last fill-up in the Dallas, TX area was $1.59/gallon for 87 octane.
91 octane = $1.67
Diesel = $1.64
This is up roughly $.30/gal since last fall. If the gulf war goes badly, and the Venezuala situation gets worse, oil could hit $50/barrel...some anaylists even say more. Look for a spike in oil nearing $40/barrel as the Iraq war starts..moving substantially up/down from there depending upon the wars progress. Sure wish I had a crystal ball...fortunes will be made and lost on the futures market in the next few weeks.
kcram
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2 years ago the oil companies raised prices due to several reason (supposed oil shortage, refinery fires etc) and they said they had no choice but to raise prices, then at the end of the year they post the largest profit EVER for an american based company.
The rule is...when people want your product, you can sell it for the highest price they are willing to pay. The only way to bring down gasoline prices is for supply to substantially exceed demand. When the storage tanks start to fill up, the price will come down. So long as there is a shortage in the supply chain, and people are buying all the gas the refiners can produce, prices will stay up, and continue to rise. If people would start a real conservation effort...curb needless driving, car-pool, use mass transit more, AND abandon the desire to drive the biggest SUV they can get their hands on, you would see the price come down quickly.
Add in the facts that the EPA has so many different formulations of fuel and we've not built a new refinery in three decades and you have a volitile market.
If your local refinery has a problem with production, it may be a while before a distant refinery can rework their process to produce your fuel.
There are a number of events that conspire against lower fuel prices. I'd say at least half of the blame has to placed on the consumer/public who has said the following two things loud and clear:
1. I want to drive a bigger vehicle more miles than my parents did.
2. I don't want you to build a new refinery in my back yard.
TB
Up here the price of a barrel of oil has been the same, the price for a KW of electricity has been unchanged for 20 years but the gas prices rise anyway. One of the funniest things I heard BP (they own the refinery) say was when they had to start making oxygenated fuel. To add it they charged an extra 5 cents per gallon, well it turns out that at -40f the methenol will not burn and a lot of people got sick, as a result the use of oxygenated fuel up here has stopped, then BP comes out and tells us we have to pay an additional 10 cents a gallon to remove the methenanol. So after 4 years we end up paying an additional 15 cents a gallon for the same gas we started with.
If the oil companies would just say that they are going to up the prices because they can I would except that, but this BS of excuses just pisses me off.
I usually pick up a 6-pack of Sierra Nevada when I fill-up. Am waiting for the price per gal to exceed the $6.99 for the beer :~(
If so, this could account for some of the difference in price.
I read in the St. Louis Post Dispatch that inflation adjusted fuel today is cheaper than fuel was in 1962, yes 1962. Of course, this is on average, your market may vary.
FWIW,
TB
Reg: 1.559
Mid: 1.659
High:1.759
Of course, that depends on where you get it in the town. There is one Citgo that has Reg at 1.549, but the stations closest to interstate 77 are really "gouging" people, with regular at 1.659.
I filled up last night in Wytheville, VA, and it was 1.449 for regular. It's basically 10 cents a gallon higher for each level of octane.
http://www.mises.org/fullstory.asp?control=1170
Too much logic and not enough sensationalism.
TB
Likes the soundbites of SUV drivers complaining about the cost of fuel as they fill up, LOL
* I used to fill at a station from the petrol company Total (which is now Total-Fina-Elf) facing some competition from a supermarket, and therefore it had to lower price at a reasonable level given its "premium" tag... For the time I got there, I saw the Diesel fuel price rise from 0.81 to 0.85 per litre, on a 4 months period ;
* then my eye caught an Elf station in town, and I recalled that Total wanted to make Elf stations low price ones. Indeed: when I discovered it at the beginning of this month, Diesel fuel was at 0.78 instead of 0.85.
* I immediately switched habits, of course, but immediately after that prices started to skyrocket... The bargain 0.78 became a not so attractive 0.83... But when I passed by the station I used to fill at before, the panel showed 0.95!
Regular: $1.89/gal
Unleaded: $2.05/gal
Super unleaded $2.20/gal
Full service Super unleaded is $2.99/gal
The Italians tend to think they are forced to live with this sort of thing as the Italian government allows it. Appears some of the same may have happened in France.
But the recent boom in gas prices has little to do with it all. The tax on petrol products (TIPP, "Taxe Intérieure sur les Produits Pétroliers") represents 80% of the price you pay at the pump. Back in 1995 the former government made it "floating" as to keep the prices at a reasonable level. It would decrease when the Brent went up and vice versa. But the new government has suppressed the "floating" part of the equation... The rising price of the Brent did the rest. Good news, the constitutional counsil (some kind of government wathcdog) ruled this unconstitutional, but the government, of course, brakes from its four wheels to get the floating part back. Same old story...
Premium $1.57
Super $1.67
When will the insanity end!!??
Regards... Vikd
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2021 Kia Soul LX 6-speed stick
kcram
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