I moved from Los Angeles to Philly almost a year ago and gas prices were a little bit lower but not by much.I ended up paying more for gas in a few states like Nebraska, Iowa, Illinois & Indiana. I remember it was like 3.65 in Nebraska!!! It was a fun trip, 2700 miles plus. I really would love to do it again but with the way gas is and keeps going up, I may never
Yeah, I would like to do a cross-country road trip too, but don't see that in the near future.
To get back on topic, we had another jump yesterday, mostly at the Speedways. The ones on my commute are all $3.799 for 87 octane, with the higher grades having a 10 cent spread each; diesel is running $4.399. With the weather we've had here the past 5 days they should let us run the winter blend.
If nothing else we seem to have slowed the insanity here. A couple of stations have held at $3.43 for close to a week while my Shell guy is up to $3.47.
You'll forgive me for only reporting regular but the other grades are too painful....
2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
After falling a couple of pennies on Monday from the weekend prices, the prices rebounded yesterday afternoon to:
Shell / BP / Mobil / Speedway: $3.899 for 87, $4.019 for 89, $4.119 for premium (up from $3.779, $3.879, $3.999)
Jewel (my new fill-up station) stayed at $3.679 for 87, so I filled up there last night. This morning up 2 cents to $3.699, with higher grades having a 10 cent spread each. (I'm actually happy about getting fuel for that price).
Meijer's was $3.679 yesterday morning but not sure of price now.
Gas City jumped to $3.959 for 87, $3.459 for E85, not sure for diesel. The station was empty yesterday and this morning.
Can't wait to hear the latest thing to make us hit over $4 for regular out here in burbs (the city's been there for about a month now). Maybe that Goldman Sach's analyst can say we're headed to $250 oil, another $50 higher.
I heard Deutsche Banke's rep and another consumer rep testify in the Congressional "hearing" last night and they said it's the chicken and egg. The speculators blame the increasing price as reason to speculate and their speculation increases the price.
If speculators really are driving the price of gas above what can be supported by market fundamentals then they've created a bubble. This bubble will eventually burst and the speculators that were still betting on higher prices will get hammered. However if today's gas prices really are a result of supply/demand and our falling currency then don't hold your breath waiting for this to happen.
Where I live gas prices had fallen 14 cents over a 7 day period up 'till yesterday. In the last 2 days they've made that all back. But oil prices are also back above $120/barrel so this doesn't seem out of line.
I wish I would have seen that. But from what you're saying, it sounds like the hearings from last year too, same 'ol same.
This is an interesting article I came across: Oil and the EIA
I liked the lines: "Even though retail gas prices are at close to record levels, the tremendously high price of crude oil has given refineries little motivation to make gasoline out of crude oil.
With wholesale gasoline prices at about $128 a barrel, that is $8 or $9 a barrel premium after paying for crude at recent prices, according to Schork. He compared that yield to the same time last year, when crude was roughly $65 a barrel and gas was $100 a barrel, yielding a $35 premium.
"That is a very small yield," said Schork. "The incentive is not there."
:mad:
I wonder what the fuel prices at the stations will be when I leave the office at the end of the day.
Moline, IL...was in the barber shop today he said the Shell station across the street changed the signs today: Before 10am 87 - $3.599 89 - $3.699 91 - $3.799
After 10am 87 - $3.799 89 - $3.899 91 - $3.999
Kind of sickening to think I got a "good deal" at $3.599 last night...
I saw premium for well over $4 in many SW WA locations over the past few days.
Luckily I was able to coax the E55 barely past the 25 mpg frontier on my highway trip home, so I didn't have to use as much of that stuff as some others.
This reminds me of the 1980s when folks would take 55 gallon drums to TJ and buy gas and diesel. Gas in Mexico is very close to the same price. Diesel is a little more than half the price. The Pemex right at the border is selling diesel for $2.16 per gallon. Worth the effort to cross over and fill that truck with 30+gallon tank. Cheapest diesel in San Diego is $4.25. So you can save about $60 on a fill-up. For contractors with the 100 gallon tank in the bed it is a huge incentive.
i saw 3.999 today for 'rug'. i filled up at another station for 3.899. but 'you know what' is probably reality after the station gets the next fill up.
2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
Ah, but would you really want to put Mexican diesel into an engine with all sorts of high-pressure piezo injectors? That $60 saved on the fill-up won't go too far at the dealer service counter.
I imagine it is as good as the diesel from the 1980s. Probably not low sulfur. Most of the older PU trucks with a good fuel filter would run just fine. I know the current generation of Ford diesel would probably balk. We had problems with the diesel that was refined in Prudhoe. Lots of error codes and check engine lights. Our pre 2000 diesels ran it fine.
This is what our truck drivers are now competing against. Since the new laws went into affect trucks from Mexico can deliver throughout the USA. Their fuel costs half of our trucking industry. Think it is coincidence the station posting those prices is right at the border?
Can someone here give me a logical explanation of why oil would be at $126/bbl?
Short answer: Because traders can resell it for more than that.
Longer answer: demand increased in the last decade (3% increase every year is about 34% in a decade), available supply stayed the same or declined slightly (Saddam Hussein's not making a mockery of the UN oil-for-food program anymore), the dollar devalued greatly, and commodities become a more attractive place to put money when the stock market softens.
I think I'm going to cry when I finally go to fill up the GMC. The tab would be about $75 for regular at the moment, but I still have some more work to do on it (found out Saturday the master cylinder took a dive).
It seems like most of the gas stations around here have stopped at 3.99 for RUG after a long steady run up. I don't expect them to hold onto that 3.99 a gallon mark for much longer though.
87 - $3.65 (all my cars use this, fortunately) 89 - $3.75 93 - $3.85 Diesel - $4.35 (ouch!)
I will be traveling to NYC next week -- I have to make sure I fill up only in Jersey on the way up and back (after filling up initially at home of course).
I know of one of our guys is doing just that, filling up his VW on the Mexico side. Not sure if the diesel on the Matamoros/Texas side is cleaner than what you guys may be getting at your border. He's got a newer VW and hasn't been having any problems; if he will time will tell.
at the Jewel by home was for $3.889 for 87 octane, with the higher grades 10 cents higher each. This was from an earlier price of $3.849 Monday afternoon (and perhaps Tuesday morning).
The stations had actually dropped a few pennies, being in the $3.849 range by home and $3.879 range by work. Then after yesterday's morning news of Iran lowering production (which turned out to be false), prices jumped to $3.999, except for the Jewels of course, they only went up 5 cents. Funny they didn't go back down after it was found out the news was mostly rumor.
The Gas City prices are at $4.099 for 87, $3.599 for E85, $4.699 for diesel.
A co-worker paid $4.19 for 87 in Will County, about a dime less than prices he saw in Cook County (which includes Chi-town).
Tried to fill-up yesterday but due to the crazy rain && rowdy wind, Their satelite was out and credit card machine wasn't working!! And Of course, I don't carry cash. But luckily for me, I had enough to get me through the day.
Bought gas for the lawn mower today $19.45. Use to cost about $10.00 to $12.00 to fill the five gallon can. :P Now I am sorry that I fertilized the grass earlier this spring. :sick:
My old Snapper (made before the "new" Snapper company came along) died yesterday - the old B&S engine was smoking and gave up the ghost.
I may just not replace the engine or the mower - I have a sling blade and just a pasture more or less. I can dig up the odd thistle. If my wife would quit buying fancy yuccas for the yard, I'd go get a goat.
yesterday afternoon. Fuel prices by work are at $4.159, $4.259, $4.389 at the Shell; though the BP is slightly lower at $4.099 for 87 octane. The Citgos by work and home are holding at $3.959 for 87 octane, with the higher grades having a 10 cents spread each.
City is higher, roughly $4.399 for 87 octane, higher in the down-town areas. Yet majority of people on my commute are still driving like there's no tomorrow!!!
A co-worker / fellow car enthusiast bought a Smart Car and took delivery last week. It's got more room than I thought. May be able to report in a month or so what his mileage is, though it'll still be in break-in period.
If I don't report back, every have a happy Memorial Day holiday.
We're so lucky that our prices haven't broken the $4 barrier yet. Marathon/Speedway have kept them at $3.999. Amazing all the gas stations decided that $3.999 was the right price during the same day for miles around; isn't it amazing how they pick the same price without talking to each other or getting a fax or phone call from "the distributor" about the new chosen price?
Had to make a 70 mile one way drive to a funeral viewing last evening. I'm very happy with the 33.8 mpg including 4-5 miles of small town stoplight traffic. This was 55-60 on rural slightly rolling glacier plains Ohio highway.
I filled up this AM with regular at a Shell station for $3.979. It came within pennies of breaking $50 total, which would be a first for me.
Another Shell station just a 1/2 mile down the road was at $4.099. They always seem to be at least $0.10 higher than their sister station. I don't know why anyone would buy gas there. Maybe it's because they also sell pizza. :P
Comments
That one particular Lukoil is in a spot not close to other stations and it's always a bit more than other places. For Lukoil? Forget it.
To get back on topic, we had another jump yesterday, mostly at the Speedways. The ones on my commute are all $3.799 for 87 octane, with the higher grades having a 10 cent spread each; diesel is running $4.399. With the weather we've had here the past 5 days they should let us run the winter blend.
You'll forgive me for only reporting regular but the other grades are too painful....
Costco $3.79 regular unleaded.
With all the news about gas tax holidays, there's a strange announcement on the Alternate Route :P
Escape From Reality
Diesel - $4.459
87 octane - $3.899
Shell / BP / Mobil / Speedway:
$3.899 for 87, $4.019 for 89, $4.119 for premium (up from $3.779, $3.879, $3.999)
Jewel (my new fill-up station) stayed at $3.679 for 87, so I filled up there last night. This morning up 2 cents to $3.699, with higher grades having a 10 cent spread each. (I'm actually happy about getting fuel for that price).
Meijer's was $3.679 yesterday morning but not sure of price now.
Gas City jumped to $3.959 for 87, $3.459 for E85, not sure for diesel. The station was empty yesterday and this morning.
Can't wait to hear the latest thing to make us hit over $4 for regular out here in burbs (the city's been there for about a month now). Maybe that Goldman Sach's analyst can say we're headed to $250 oil, another $50 higher.
2014 Malibu 2LT, 2015 Cruze 2LT,
Where I live gas prices had fallen 14 cents over a 7 day period up 'till yesterday. In the last 2 days they've made that all back. But oil prices are also back above $120/barrel so this doesn't seem out of line.
BP in Titusville, NJ
Unleaded . . . $3.54
Regular . . . . $3.65
Premium . . . $3.75
Gulf in Titusville, NJ
Unleaded . . . $3.53
Regular . . . . $3.65
Premium . . . $3.75
I heard the national average is sitting at $3.72 right now.
This is an interesting article I came across:
Oil and the EIA
I liked the lines:
"Even though retail gas prices are at close to record levels, the tremendously high price of crude oil has given refineries little motivation to make gasoline out of crude oil.
With wholesale gasoline prices at about $128 a barrel, that is $8 or $9 a barrel premium after paying for crude at recent prices, according to Schork. He compared that yield to the same time last year, when crude was roughly $65 a barrel and gas was $100 a barrel, yielding a $35 premium.
"That is a very small yield," said Schork. "The incentive is not there."
:mad:
I wonder what the fuel prices at the stations will be when I leave the office at the end of the day.
Diesel - $4.559
87 octane - $3.999
2014 Malibu 2LT, 2015 Cruze 2LT,
$3.65 unleaded
$3.77 mixed grade
$3.89 premium
and diesel is up to $4.38 a gallon.
87 - $3.689
89 - $3.839
93 - $3.979
diesel - $4.519
NJ Turnpike diesel (Sunoco) will be $4.179 through the 15th.
kcram - Pickups Host
Before 10am
87 - $3.599
89 - $3.699
91 - $3.799
After 10am
87 - $3.799
89 - $3.899
91 - $3.999
Kind of sickening to think I got a "good deal" at $3.599 last night...
Diesel - $4.759
Luckily I was able to coax the E55 barely past the 25 mpg frontier on my highway trip home, so I didn't have to use as much of that stuff as some others.
This is what our truck drivers are now competing against. Since the new laws went into affect trucks from Mexico can deliver throughout the USA. Their fuel costs half of our trucking industry. Think it is coincidence the station posting those prices is right at the border?
http://www.sandiegogasprices.com/index.aspx?fuel=D
Can someone here give me a logical explanation of why oil would be at $126/bbl? :confuse:
You are talking about a 6 fold increase in about 8 years. 600%.
I have the following reasons already, but can't seem to understand why it is so high.
War - since 2003. At that point it was what, 35-40??
Peak oil - I don't believe this by the way. Why wasn't this an issue 10 years ago, or did we just suddenly realize that we are running out of oil?
Demand - Sure, a 3% increase in demand yearly will do it.
Dollar down - The dollar hasn't dropped 6 fold. At least not yet.
So what is it? I smell bubble on oil, just like housing. :mad:
Short answer: Because traders can resell it for more than that.
Longer answer: demand increased in the last decade (3% increase every year is about 34% in a decade), available supply stayed the same or declined slightly (Saddam Hussein's not making a mockery of the UN oil-for-food program anymore), the dollar devalued greatly, and commodities become a more attractive place to put money when the stock market softens.
$3.81 the mid-grade stuff
$3.91 high test (only a dime higher than mid-grade)
$4.46 diesel
This is typical pricing at the Boise majors - the grocery chains tend to run 3 or 4 cents cheaper.
http://www.pressofatlanticcity.com/186/story/143607.html
Well, at least the price of something is falling.
87 - $3.65 (all my cars use this, fortunately)
89 - $3.75
93 - $3.85
Diesel - $4.35 (ouch!)
I will be traveling to NYC next week -- I have to make sure I fill up only in Jersey on the way up and back (after filling up initially at home of course).
The stations had actually dropped a few pennies, being in the $3.849 range by home and $3.879 range by work. Then after yesterday's morning news of Iran lowering production (which turned out to be false), prices jumped to $3.999, except for the Jewels of course, they only went up 5 cents. Funny they didn't go back down after it was found out the news was mostly rumor.
The Gas City prices are at $4.099 for 87, $3.599 for E85, $4.699 for diesel.
A co-worker paid $4.19 for 87 in Will County, about a dime less than prices he saw in Cook County (which includes Chi-town).
Diesel - $4.859
$3.75 RUG
$3.87 mid grade
$3.97 premium
$4.55 diesel
BP in Titusville, NJ
Yesterday
Regular . . . . . . $3.65
Mid . . . . . . $3.79
Premium. . . . . . $3.89
Filled up this morning since everything was working
This Morning
Regular . . . . . . $3.69
Mid . . . . . . $3.80
Premium . . . . . .$3.90
35 dollars for 10 gallons :mad: I would like to pay $20 bucks for a tank one day again!!!!!
Now I am sorry that I fertilized the grass earlier this spring. :sick:
Diesel - $4.959
I may just not replace the engine or the mower - I have a sling blade and just a pasture more or less. I can dig up the odd thistle. If my wife would quit buying fancy yuccas for the yard, I'd go get a goat.
Still holding at $3.75.
Where are you again Lostwrench? East Coast?
City is higher, roughly $4.399 for 87 octane, higher in the down-town areas. Yet majority of people on my commute are still driving like there's no tomorrow!!!
A co-worker / fellow car enthusiast bought a Smart Car and took delivery last week. It's got more room than I thought. May be able to report in a month or so what his mileage is, though it'll still be in break-in period.
If I don't report back, every have a happy Memorial Day holiday.
Had to make a 70 mile one way drive to a funeral viewing last evening. I'm very happy with the 33.8 mpg including 4-5 miles of small town stoplight traffic. This was 55-60 on rural slightly rolling glacier plains Ohio highway.
2014 Malibu 2LT, 2015 Cruze 2LT,
$ 3.79 regular
$ 3.91 mid grade
$ 4.01 premium
$ 4.65 diesel
Another Shell station just a 1/2 mile down the road was at $4.099. They always seem to be at least $0.10 higher than their sister station. I don't know why anyone would buy gas there. Maybe it's because they also sell pizza. :P
james