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Gas Prices.... was going down. Not anymore here in the USofA.


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Posted

http://abc7chicago.com/news/gas-prices-could-rise-in-chicago-area/923575/

 

And then we have China devaluation of its currency two days in a row. Not good. A currency war here we come. 



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Posted

Oil prices are as low as they have ever been. Gas prices, not so much.



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Posted

gas here in tn where I am it just went to $1.98 to $2.09 time for a Denver trip!!



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Posted

It's been dropping like a stone here in California. I paid $2.97 for reg yesterday. I heard this morning the Saudi's dropped their oil below $30 a barrel, probably to piss off the Iranians. That alone should keep prices low for a while regardless of what China does or doesn't do.



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Posted

Our gas is almost $4.00 a us gallon. or $1.06 a litre.



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Posted

2.97 in CA? Where? Closer to 3.60 here but we do get more tourists so there is likely some price gouging.



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Posted (edited)

$2.69 US here per gallon.It's $2.59 in town but I hardly ever get down that way.

 

 

 

Why the fuck is gas prices so damn much in CA? Look at this map.It's retarded how the high priced gas radiates from CA.The further away you are from CA the cheaper the prices are.

 

http://www.gasbuddy.com/GasPriceMap?

Edited by Pvt.Death


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Posted

It is $2.20 something some  of the lowest in the nation. That will change. Supply and demand as now they can't keep up.

 

Say goodbye to your nice gas prices. :)



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Posted

Two reasons why its high here. One is certainly because gas here requires various mixtures to reduce air pollution that other states dont bother with. Depending on the time of year. Nothing is free so we accept that gas prices will be higher. But its also because the gas companies tend to close down refineries for weeks at just the proper times so these blends will be in short supply. Thus raising prices even more. One would think the best way to offset this is to increase the stock for these times. But they dont want to do that.



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Posted

2.50 in illinois



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Posted

2.50 in illinois

Damage.. keep an eye on it for me. Let me know if you see it go up in your area... which it will.



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Posted

I work at an Oil refinery......high gas prices keeps me employed..........Oh what to do? Our dollar has dropped to $.77 cents US. To buy an American $ it costs me $1.30 Canadian. Gas as a commodity is traded/priced in US funds. A barrel of Oil really costs the Canadian refineries 30 percent more in Canadian dollars.

After all that I have no Idea how the markets are priced....let's say supply and demand just like everything else...we got it you PAY for it!



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Posted

3.60 here in Los Angeles.



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Posted (edited)

Our gas is almost $4.00 a us gallon. or $1.06 a litre.

Thats what it is here in Alberta to.. Its a scam.. We were paying 86 cents a few months ago and no its going up while the price of the barrel is going down..

Edited by KingStinger!


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Posted

$4.10 USD a gallon here / $1.50 AUD per litre  so stop yer whining all of ya!



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Posted

$1.26 per litre on the island so $5.67 per Can. gallon (4.5 litres) or $4.76 per US gallon (3.78 litres)

 

 

 

 

 

Wake Up , Time To Die



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Posted

2.55 in Winthrop and 7 miles away it's 2.40....



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Posted

I Work at a gas station and I don't know as much as some of you seem to... lol. But I only work 5 min from home, So I walk... But just to chime in 2.59 for  87  Unleaded over here in the MO



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Posted

1.68€/L in the Netherlands :P

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Posted

its wall street ripping us off again !!! barrel of oil at its high $200.00  a barrel then gas was $4 a gallon now gas is  $41:00 a barrel 1/4 of what it was gas should be right now $1:00 a gallon  wall street in new York keeps the oil tankers at see and stops deliveries to make a shortage its a big fucking game man good luck to all



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Posted (edited)

I am in the oil / gas industry and I have to tell you that its not the price of a barrel that determines the price of the gallon you buy. The barrel price determines what the refinery pays for it. The refining business has been historically poor. When prices are high and demand gets low (2 yrs ago) margins are small....this makes refineries a poor source of income for oil companies so they shut them down. Now that the world is awash in crude (domestic, Saudis, Iran in the game) refineries are seeing better margins...its simple really and everyone of you would do the same...spend years at low margins and lower demand (people turn down the heat and drive less when energy is expensive) then when things turn around enjoy a relatively decent margin. if refineries cannot make a profit they close...too many have in the last 15 years...

then throw in transportation of the product, handling, storage, insurance, etc...

 

Its coming down...never as fast as it goes up but its coming down...

 

The price of a barrel means nothing to you and me but its what they talk about on Bloomberg so that's what we know...there is a whole other side of petroleum production that determines the final price of a gallon

 

PS: a barrel is 44 gallons not 55 for those of you doing dollar / gallon math.

Edited by deerejon


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Posted

oh an here in North New Jersey its 2.18 for Regular



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Posted

you just know they would do anything to get back to around $3/Damn just as I was head North again

 


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