Mass market gas price hysteria- $12 a gallon gas

[Warp Daddy]

Originally Posted by Moe Ghoul

Here's a new twist on gas as a currency

http://www.thesmokinggun.com/archive...02081gas1.html

H'mm a piece of GASS -----------------my bad

[deadheadskier]

Originally Posted by Moe Ghoul

http://www.cnsnews.com/ViewNation.as...20080703a.html

More oil related whackiness emerging. I guess they'll be sacrificing virgins when it hits 150

http://www.cnsnews.com/ViewNation.as...20080703a.html

I won't get into religion other than to say I don't partake

That said, I'd make time on Sundays if it meant $2.50 gas again. It's not too much to ask is it? Heck, January 07' the price was $2.17.

[GrilledSteezeSandwich]

I paid $3.83 is Fredericksburg Virginia this morning..here in PA..gas is at or below what it was 8 days ago...why is that with oil prices at record highs??? Why is there such a large lag?

[Moe Ghoul]

Originally Posted by GrilledSteezeSandwich

I paid $3.83 is Fredericksburg Virginia this morning..here in PA..gas is at or below what it was 8 days ago...why is that with oil prices at record highs??? Why is there such a large lag?

Comparing states is like apple and oranges. There are some regulations in effect that prevent gas stations from jacking prices up exponentially and how frequently. Additionally, the price of oil is a "futures" price, so the gas you pump today is from oil bought in the past at a lower price.

[ctenidae]

Originally Posted by Moe Ghoul

Comparing states is like apple and oranges. There are some regulations in effect that prevent gas stations from jacking prices up exponentially and how frequently. Additionally, the price of oil is a "futures" price, so the gas you pump today is from oil bought in the past at a lower price.

You also get a supply/demand dynamic that's different from that for oil. In anticipation of higher demand, refineries up the amount of gas they produce and store it. If the demand doesn't happen, then there's an oversupply, if only briefly. Just before the 4th, oil stocks were down, but gas stocks were up. Gas prices have resumed their inexhorable climb, don't you worry.

[OldsnowboarderME]

$4.69 for premium in town ..

[Warp Daddy]

filled up my 07 Saab today: gross amt $62 @$4.42 gal but with Price Chopper card it was $55 or $3.92-------------- got 32 mpg this tank

[deadheadskier]

Originally Posted by OldsnowboarderME

$4.69 for premium in town ..

I'm assuming that's in Kittery? Why not save 30 cents a gallon and buy your gas in NH where you work?

Regular unleaded can still be found for $3.95 round here

[OldsnowboarderME]

Originally Posted by deadheadskier

I'm assuming that's in Kittery? Why not save 30 cents a gallon and buy your gas in NH where you work?

Regular unleaded can still be found for $3.95 round here

90% of the time I do buy in NH .. oh they dropped back to $4.59.. the $4.69 must have been the holiday weekend special price..

[Warp Daddy]

Originally Posted by oldsnowboarderme

90% Of.. Oh They Dropped Back To $4.59.. The $4.69 Must Have Been The Holiday Weekend Special Price..

Bastids