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Thread: Gas Tracker - Page 14







Post#326 at 03-08-2007 06:19 AM by Justin '77 [at Meh. joined Sep 2001 #posts 12,182]
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Just for the fun comparison, we haven't budged at all from the 20.00rubles/L for 98(Euro) octane from back in September. Which at today's rates is $2.88/gallon (damn falling dollar! My salary is denominated in you)







Post#327 at 03-09-2007 04:07 AM by Roadbldr '59 [at Vancouver, Washington joined Jul 2001 #posts 8,281]
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Today regular gas jumped up to $2.799... twenty cents higher than it was last week! Perhaps I should have bought that Accord 4-banger after all.

Nah... just kidding. I look too cool in a Mustang . And at least it does burn regular gas... the Bimmer took premium, which is already at $3 per gallon again.
"Better hurry. There's a storm coming. His storm!!!" :-O -Abigail Freemantle, "The Stand" by Stephen King







Post#328 at 03-09-2007 12:40 PM by catfishncod [at The People's Republic of Cambridge & Possum Town, MS joined Apr 2005 #posts 984]
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Quote Originally Posted by Justin '77 View Post
Just for the fun comparison, we haven't budged at all from the 20.00rubles/L for 98(Euro) octane from back in September. Which at today's rates is $2.88/gallon (damn falling dollar! My salary is denominated in you)
On the other hand, Justin, you're in a net producer state. Slightly different economics there...
'81, 30/70 X/Millie, trying to live in both Red and Blue America... "Catfish 'n Cod"







Post#329 at 03-09-2007 01:46 PM by Justin '77 [at Meh. joined Sep 2001 #posts 12,182]
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Quote Originally Posted by catfishncod View Post
Quote Originally Posted by me
Just for the fun comparison, we haven't budged at all from the 20.00rubles/L for 98(Euro) octane from back in September. Which at today's rates is $2.88/gallon (damn falling dollar! My salary is denominated in you)
On the other hand, Justin, you're in a net producer state. Slightly different economics there...
On the gripping hand, there was no federal election here back in November. Massively different politics...







Post#330 at 03-14-2007 10:52 AM by mattzs [at joined Mar 2007 #posts 201]
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Another 2.5M barrel drop in gasoline inventories. Imports will have to pick up as production is capped.
Dori: The terrorist has demanded a million dollars, a private jet and an end to the Star Wars program.
Sledge Hammer: Yeah, three movies was enough.
http://www.youtube.com/watch?v=irp8C...related&search=







Post#331 at 03-17-2007 01:17 AM by Roadbldr '59 [at Vancouver, Washington joined Jul 2001 #posts 8,281]
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Regular gas is at $2.89 per gallon now in Vancouver. Premium is well above the $3 mark.
Last edited by Roadbldr '59; 03-19-2007 at 11:55 PM.
"Better hurry. There's a storm coming. His storm!!!" :-O -Abigail Freemantle, "The Stand" by Stephen King







Post#332 at 03-19-2007 10:09 AM by The Wonkette [at Arlington, VA 1956 joined Jul 2002 #posts 9,209]
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Gas Hits $2.50 Again in No. Va

Out in my neck of the woods, driving around South Arlington, I saw gas prices at the $2.54/$2.55 range for regular unleaded.

That's up by about a quarter over the past month.
I want people to know that peace is possible even in this stupid day and age. Prem Rawat, June 8, 2008







Post#333 at 03-21-2007 10:39 AM by mattzs [at joined Mar 2007 #posts 201]
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Dori: The terrorist has demanded a million dollars, a private jet and an end to the Star Wars program.
Sledge Hammer: Yeah, three movies was enough.
http://www.youtube.com/watch?v=irp8C...related&search=







Post#334 at 03-21-2007 10:53 AM by catfishncod [at The People's Republic of Cambridge & Possum Town, MS joined Apr 2005 #posts 984]
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Quote Originally Posted by mattzs View Post
That's weird. What caused the steep peak and equally steep drop? Where's all that oil disappearing to, anyway -- the SPR?

In other news, gas now $2.55 in the People's Republic of Cambridge.
'81, 30/70 X/Millie, trying to live in both Red and Blue America... "Catfish 'n Cod"







Post#335 at 03-21-2007 11:23 PM by mattzs [at joined Mar 2007 #posts 201]
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Quote Originally Posted by catfishncod View Post
That's weird. What caused the steep peak and equally steep drop? Where's all that oil disappearing to, anyway -- the SPR?

In other news, gas now $2.55 in the People's Republic of Cambridge.
Demand did not drop as much as last year, plus imports are less than a year ago. Production will pick up as refineries wrap up turn around maintenance. As far as the peak, look at the production chart, it mirrors the inventory chart.

http://tonto.eia.doe.gov/oog/info/tw...tml#production
Dori: The terrorist has demanded a million dollars, a private jet and an end to the Star Wars program.
Sledge Hammer: Yeah, three movies was enough.
http://www.youtube.com/watch?v=irp8C...related&search=







Post#336 at 03-31-2007 04:57 PM by catfishncod [at The People's Republic of Cambridge & Possum Town, MS joined Apr 2005 #posts 984]
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Unhappy

P.R. Cambridge gas price check: $2.69 and rising one or two cents every day. As long as Iran can keep dragging this "crisis" out without letting it blow up, it's very profitable.

The longer we wait, the worse we're going to be. We need massive R&D, especially on deployment, and we need it the day before yesterday. Home solar power, higher efficiency plug-in hybrids, electric grid stabilization, the Farnsworth-Bussard fusion reactor, biofuels. The energy project will be a major aspect of the regeneracy... but right now Gore seems like the only person who is willing to act, not just say that energy issues are nice.
'81, 30/70 X/Millie, trying to live in both Red and Blue America... "Catfish 'n Cod"







Post#337 at 04-01-2007 02:47 AM by Roadbldr '59 [at Vancouver, Washington joined Jul 2001 #posts 8,281]
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Regular gas at my corner pump is up to $2.959, nearly fifty cents higher than it was at Christmas time. The way things are going, we're probably looking at $4.00 per gallon by the peak of the summer travel season.
"Better hurry. There's a storm coming. His storm!!!" :-O -Abigail Freemantle, "The Stand" by Stephen King







Post#338 at 04-01-2007 10:16 AM by The Wonkette [at Arlington, VA 1956 joined Jul 2002 #posts 9,209]
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In south Arlington, Virginia, gas was $2.65 on Thursday, last time I checked.

Here in San Diego, I saw a gas station near the airport selling gas at $3.65! Yow!

According to my hosts, gas isn't quite so bad in the burbs -- a mere $3.25 or so. Yikes! I miss my Prius (I'm renting a Ford Focus).
I want people to know that peace is possible even in this stupid day and age. Prem Rawat, June 8, 2008







Post#339 at 04-04-2007 11:25 AM by mattzs [at joined Mar 2007 #posts 201]
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Quote Originally Posted by The Wonkette View Post
In south Arlington, Virginia, gas was $2.65 on Thursday, last time I checked.

Here in San Diego, I saw a gas station near the airport selling gas at $3.65! Yow!

According to my hosts, gas isn't quite so bad in the burbs -- a mere $3.25 or so. Yikes! I miss my Prius (I'm renting a Ford Focus).
Gasoline inventories down another 5M barrels, demand didn't drop as much as last year. Should see $3 by summer for most of the u.s., $3.5 on the west coast. (Airport stations are notorious gougers)

http://tonto.eia.doe.gov/oog/info/twip/gtstusm.gif
Dori: The terrorist has demanded a million dollars, a private jet and an end to the Star Wars program.
Sledge Hammer: Yeah, three movies was enough.
http://www.youtube.com/watch?v=irp8C...related&search=







Post#340 at 04-04-2007 11:50 AM by catfishncod [at The People's Republic of Cambridge & Possum Town, MS joined Apr 2005 #posts 984]
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Quote Originally Posted by mattzs View Post
Gasoline inventories down another 5M barrels, demand didn't drop as much as last year.
OTOH, Ahmco just released the British sailors after getting surprisingly little quid pro quo, so crude should drop some. This may not stop the rise in prices but may slow it.

PRCambridge gas quote: $2.71 and rising.
'81, 30/70 X/Millie, trying to live in both Red and Blue America... "Catfish 'n Cod"







Post#341 at 04-08-2007 12:40 AM by Roadbldr '59 [at Vancouver, Washington joined Jul 2001 #posts 8,281]
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And, as of this morning, regular gasoline is up another dime in my neighborhood, to $3.059.
"Better hurry. There's a storm coming. His storm!!!" :-O -Abigail Freemantle, "The Stand" by Stephen King







Post#342 at 04-08-2007 11:32 PM by pbrower2a [at "Michigrim" joined May 2005 #posts 15,016]
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Quote Originally Posted by Roadbldr '59 View Post
And, as of this morning, regular gasoline is up another dime in my neighborhood, to $3.059.
It's the Bush-era paradigm of business: gouge the customer for as much as you can, especially if you are exempt from competition.

The Bush economic policy has as its core the idea that the key to economic growth is the maximal profit of "privileged industries"... resource extraction, Big Pharma, consumer lending, war industries.... supposedly it is capitalism at its most generous to capitalists, but if one is the wrong sort of capitalist one has more to lose than to gain.

It's the same folly that the European Community effectively abolished after WWII -- the idea that cartels that maximized profits or blank-check profiteers feeding at the public trough were most capable of getting the capital with which to invest for 'growth'. The cartels invested, all right -- in fascism in some countries.

Real growth of course comes from people investing in skills that make them better workers and in small businesses that do real good without gouging, and in public investments in necessary (if unglamorous) infrastructure like schools, sewers, and streets.

Unless a nation is practically an economic monoculture (an oil sheikhdom or a "banana republic"), no nation has a 'natural' industry that is so critical to progress that it must restrain trade to fleece the customer so that it can foster 'growth'.

The oil industry, once somewhat competitive, is a cartel.







Post#343 at 04-10-2007 11:46 AM by Brian Beecher [at Downers Grove, IL joined Sep 2001 #posts 2,937]
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Best Friends

Despite certain feeling of gouging, we are quite obviously the oil cartel's best friends, as gasoline demand continues to rise along with the prices. Where do you all feel the breaking point will be? Something I heard this morning made a prediction that it could be as high as $6.27 a gallon before you would start to see an appreciable drop in consumption, especiall among RV and SUV owners. No wonder prices keep rising, we accept it and keep on paying it!







Post#344 at 04-10-2007 12:35 PM by mattzs [at joined Mar 2007 #posts 201]
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Quote Originally Posted by Brian Beecher View Post
Despite certain feeling of gouging, we are quite obviously the oil cartel's best friends, as gasoline demand continues to rise along with the prices. Where do you all feel the breaking point will be? Something I heard this morning made a prediction that it could be as high as $6.27 a gallon before you would start to see an appreciable drop in consumption, especiall among RV and SUV owners. No wonder prices keep rising, we accept it and keep on paying it!
I'm thinking closer to $4. What do you think of Federated buying the Cubs? Macys field anyone?
Dori: The terrorist has demanded a million dollars, a private jet and an end to the Star Wars program.
Sledge Hammer: Yeah, three movies was enough.
http://www.youtube.com/watch?v=irp8C...related&search=







Post#345 at 04-10-2007 01:11 PM by Marx & Lennon [at '47 cohort still lost in Falwelland joined Sep 2001 #posts 16,715]
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Quote Originally Posted by mattzs View Post
I'm thinking closer to $4. What do you think of Federated buying the Cubs? Macy's field anyone?
Of course not! It will certainly be ... Marshall Fields.
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.







Post#346 at 04-10-2007 06:41 PM by herbal tee [at joined Dec 2005 #posts 7,116]
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From what I understand, the equivalent of a gallon of gas costs about $5.50 in Brazil. Assuming similar cost factors in the US, ethonol may become cost competitive in the US within the next five years.







Post#347 at 04-11-2007 01:50 AM by pbrower2a [at "Michigrim" joined May 2005 #posts 15,016]
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Quote Originally Posted by Brian Beecher View Post
Despite certain feeling of gouging, we are quite obviously the oil cartel's best friends, as gasoline demand continues to rise along with the prices. Where do you all feel the breaking point will be? Something I heard this morning made a prediction that it could be as high as $6.27 a gallon before you would start to see an appreciable drop in consumption, especiall among RV and SUV owners. No wonder prices keep rising, we accept it and keep on paying it!
In the short term the demand curve for gasoline is very inelastic. People aren't going to quit their jobs because the cost of gasoline goes from $2 to even $10 a gallon. Some people with low-paid jobs might start looking closer to home or if they are really close to their homes start commuting on bicycles in favorable weather. People aren't going to cancel appointments with doctors or dentists just because getting to them costs four times as much. No method is as good as the private auto for getting to and from the grocery store with food and other needful things.

Governments are heavy users of fuel, and they will continue to be heavy users of it. Largely-rural districts aren't going to curtail school bus use, and no community is likely to tell the police to patrol less by police cruiser or to not chase speeders or other scofflaws because driving a cop car at high speed consumes 'too much gasoline'.

Use the public buses? I've seen the people who must rely upon them, and those people look, almost to a person, like broken souls, people that the System has consigned to despair. Waiting an hour for a crowded bus twice a day and having a commute that takes twice as long as one by car takes something out of people. Most employers insist that employees have positive attitudes while on the job, so using city buses is likely out of the question. Organizing car pools? That takes time.

The measures that most people have are to take fewer unnecessary trips by car. Thus, one goes less often to the mall and shops with reduced income by the Internet. People can cancel vacation plans if they haven't committed to them with large deposits. Instead of going to an amusement park out of state they put in a garden or paint a room in the house, doing something 'practical' this year in the hope that gas prices will be lower after the Bush White House is a bad memory instead of a current reality.

In the long term, the demand tends to flatten. People take long-term measures. They don't replace the RV or SUV, and when the old station wagon no longer runs, they replace it with some subcompact. People can choose high-density housing instead of unattached single-family houses. Family members might be less willing to move away from their elders for what look like better job opportunities. At the extreme, workers might have to settle to live in employer-supplied barracks so that they can live close to their employment (and of course be under tighter control). At high-enough prices, old-fashioned train travel becomes profitable enough to justify huge private investments on rails. There may yet be exotic vehicles that offer far better fuel consumption than conventional automobiles. At a high-enough price, horse transportation becomes attractive. We must recall that automobiles supplanted horses and buggies when mechanical horsepower became more economical than equine horsepower.

In the mean time, all that most of us can do is pay the price that the oil cartel sets to determine who is most willing to pay the highest price. We can choose to believe that by fleecing us the oil companies are getting the profits necessary for investing in new sources of vital energy -- or using vile language and sardonic humor when filling up the gas tank. The gouge is the norm in a plutocracy... like America in the current decade.

... High oil prices may or may not be culpability of the oil cartel, but about all that the vast majority of us have been able to do since G W Bush became President has been to tread water economically while selling off assets or going deeply into debt. Those tendencies are likely to hit a brick wall as the 3T becomes a 4T.







Post#348 at 04-14-2007 12:30 AM by Zarathustra [at Where the Northwest meets the Southwest joined Mar 2003 #posts 9,198]
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My corner station just popped up to $3.43/gallon of self-serve regular unleaded. That's as high as it's last peak. From here on out it's new territory.
Americans have had enough of glitz and roar . . Foreboding has deepened, and spiritual currents have darkened . . .
THE FOURTH TURNING IS AT HAND.
See T4T, p. 253.







Post#349 at 04-14-2007 07:19 AM by Justin '77 [at Meh. joined Sep 2001 #posts 12,182]
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Quote Originally Posted by Zarathustra View Post
My corner station just popped up to $3.43/gallon of self-serve regular unleaded. That's as high as it's last peak. From here on out it's new territory.
We just filled up with 95Ай at 19.30r/L; with the falling dollar (it fell below the 26 ruble mark early last week. Curse you! my salary is denominated in you!) at 25.83r, that comes to $2.83 a gallon.







Post#350 at 04-14-2007 11:45 AM by Zarathustra [at Where the Northwest meets the Southwest joined Mar 2003 #posts 9,198]
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Quote Originally Posted by Justin '77 View Post
We just filled up with 95Ай at 19.30r/L; with the falling dollar (it fell below the 26 ruble mark early last week. Curse you! my salary is denominated in you!) at 25.83r, that comes to $2.83 a gallon.
Curse me/us? Why, you're not American?
Americans have had enough of glitz and roar . . Foreboding has deepened, and spiritual currents have darkened . . .
THE FOURTH TURNING IS AT HAND.
See T4T, p. 253.
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