gasoline prices

[texas*princess]

I live about 2 miles away from my office, and everywhere else I would possbily need to go is within about a 20 mile radius..... Generally I fill up my tank about once .. *maybe* twice a month.

Gas prices here used to be bad... then they went down again ($2.80/$2.90 range).. then all of a sudden it went up to $3.05... Ok cool.

Then I fill up my tank last week and it's $3.35/gal for the cheap stuff!

Wowzers.

Supposedly it's only going to get worse. Maybe this is the scary media trying to freak everyone out, but I hear it's going to be over $4/gal for the cheap stuff by the end of Spring

[ree-Xi]

Originally Posted by preciousjeni

If only... we're closing in on $110/barrel. To attempt to answer your question, there is always a delay in the increase or decrease at the pump because of what you're talking about. But, it looks like you might not realize how quickly gasoline is consumed at gas stations. Most larger gas stations get their gas once a day or once every few days. Gas stations don't make a much of a profit on the gas - they make their money in the convenience store. It's the local government that rakes it in with the tax on gas.

Gas stations also play a balancing game with the price. Too much = consumers go elsewhere. Too little = not enough money to pay for the next day's gas off the truck and the gas runs out...end result, consumers go elsewhere.

Thank you for breaking this down for me. I didn't understand how quickly the domino effect happened.

[twinkle555]

Originally Posted by texas*princess

Supposedly it's only going to get worse. Maybe this is the scary media trying to freak everyone out, but I hear it's going to be over $4/gal for the cheap stuff by the end of Spring

^^^oh shiz...$4/gal = I will die of starvation and be in debt til Im 90.

[LaneSig]

$3.14/regular unleaded in Dallas this morning.

[Thetagirl218]

Originally Posted by LaneSig

$3.14/regular unleaded in Dallas this morning.

You suck!! j/k

I just filled up my tank in Tampa Bay today at 3.23, and that was at a cheap gas station that was mostly out of gas! I love gas lines!

[AKA_Monet]

Smartcars? I'm about to get one. Yes, I know it's a driving coffin, but everytime I see one it cracks me up. And if my streets flood, it might float!

My areas gas prices are ~$3.50+. Costco gas is my friend!

[cheerfulgreek]

The prices here are $3.59/gallon. It's ridiculous! But right now we're caught between a rock and a hard place. We get a lot of our oil from Saudi Arabia, but there's plenty of it in Canada. In fact Canada is only 2nd to Saudi in oil reserves. The problem is it cost too much. It cost about $15 per barrel to produce when we can get it from Saudi Arabia for like $2.00.

I mentioned moving beyond fossil fuels in another thread. I mentioned that we should switch to corn ethanol, but unfortunately it wouldn't be a long term solution. What we can do is use Cellulosic ethanol, because it can be produced from pretty much any carbon based stock, like wood and solid waste. We have so many resources that are possible. I think with more efficient vehicles, alternate fuels and cleaner electric power all coming in the next few years, the high gas prices could be a thing of the past.

[elusive47]

"UK petrol price hits 5 Pounds a gallon"

http://www.whatcar.com/news-article.aspx?NA=231742

Since the prices in the above article are in pounds I've included a link to a currency conversion page.

http://www.xe.com/ucc

[cheerfulgreek]

Originally Posted by elusive47

"UK petrol price hits 5 Pounds a gallon"

http://www.whatcar.com/news-article.aspx?NA=231742

Since the prices in the above article are in pounds I've included a link to a currency conversion page.

http://www.xe.com/ucc

The prices are only gonna get worse everywhere.

[aephi alum]

Last time I filled up, I paid over $40. My car is pretty fuel efficient, but it only takes premium... $3.839/gal.

My husband, who just HAD to get an SUV , just paid $50 to fill it up with the cheap stuff. "Cheap stuff" my ass.

We do have it better than much of the developed world, but still... damn.

[jon1856]

This site could become our "best friend" at least until something changes:
http://www.gasbuddy.com/

[smiley21]

In my two door car, I had to fill up the tank at $3.50/gal (premium gas). The total was $50.00

[sunnyhibiscus]

Gas prices are now almost $3.70 on average. San Francisco is the highest at over $4.00.

It's not just gas prices, but food prices. A gallon of milk in my area is almost $5.00 at the most. Sad, real sad.

[TrojanWoman]

I'm in Los Angeles and filled up for $4.09 in the middle stuff. Premium was $4.19

[Tom Earp]

Kansas City=$3.69 the is the highest That if has ever been!

Oh, it is a screw job and no really knows care?