Gas prices rising again

WaTaGuMp

Lifer
May 10, 2001
21,207
2,506
126
I have been trying to find out why gas is going up right now. Has anyone seen or heard anything in the news, I cant find out why. I remember years ago when gas was at around $1.50 here in socal, and it was November.
 

Koing

Elite Member <br> Super Moderator<br> Health and F
Oct 11, 2000
16,843
2
0
I'm paying &#163;1.17-&#163;1.20 odd for a dam litre! It chugs &#163;65 for 230miles!

Koing
 

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
I have been trying to find out why gas is going up right now. Has anyone seen or heard anything in the news, I cant find out why. I remember years ago when gas was at around $1.50 here in socal, and it was November.

I'm sure people can remember when gas was 99 cents in Socal in November.
 

Meghan54

Lifer
Oct 18, 2009
11,684
5,222
136
Kids.

Why I remember waaaay back when gas was .30/gal and they even checked your oil, tire pressure, cleaned your windshield, and if you bought enough gas (like 5 gal.) they gave you crap like glasses, plates, etc.

Times have changed.
 

dfuze

Lifer
Feb 15, 2006
11,953
0
71
I noticed the uptick too, went from 2.75 in my area to 2.99 in less than two weeks.
 

rcpratt

Lifer
Jul 2, 2009
10,433
110
116
Mine spiked from 2.70 to 2.95 in the last few weeks, but now it's back down at ~2.80.
 

Ninjahedge

Diamond Member
Mar 2, 2005
4,149
1
91
Gas went up because for some reason we think that having a stock market that can buy commodities was a good idea.

Great, so oil prices can bounce like a yo-yo regardless of actual demand, supply, or any other economic limiters? It just goes because someone thinks it would be a good investment? They don't even BUY the actual oil!

Honestly, although I am now car commuting, I would not mind seeing gas prices go back to the $4 range simply because we got some nice engine designs out of it. Cars with horespower that is 20&#37;-100% more than what we had 15 years ago at the same or better milage and less of a push for larger "I can't see around your Ford's fat ass on the highway, why the hell do you have a bumper as high as my windshield?" vehicles.

They also finally started making Hybrids look better.


But yeah, I was wondering why the prices just a month or two ago were at $2.40 regular and they have jumped back up ove $2.60.....
 

highland145

Lifer
Oct 12, 2009
43,945
6,314
136
Kids.

Why I remember waaaay back when gas was .30/gal and they even checked your oil, tire pressure, cleaned your windshield, and if you bought enough gas (like 5 gal.) they gave you crap like glasses, plates, etc.

Times have changed.
We had a station that had the .299 painted on the sign. Never see that again.
 

rh71

No Lifer
Aug 28, 2001
52,844
1,049
126
It's because summer is here and everyone price gouges since everyone is driving more.

Oh wait, that's not it. Damn liars and speculations.

Is there really any method to the madness? If things like this and stocks were simple to analyze, everybody would be rich already... instead, it's just called gambling.

Company posts $3billion in PROFIT, up 12&#37;, and the stock dives $5. FVCK YOU I needed a new kitchen.
 
Last edited:

Ninjahedge

Diamond Member
Mar 2, 2005
4,149
1
91
Oh, what about the 9/10&#162;?

Do we still need that? When gas was 20&#162; a gallon, that 0.9&#162;was a good +4&#37; snuck in there to make people think that 19.9 was really 19.

But now? 2.699 is 2.70. It is just annoying they still have that. What other commercially purchased product does this on the open market?
 

BoomerD

No Lifer
Feb 26, 2006
64,229
12,562
136
Kids.

Why I remember waaaay back when gas was .30/gal and they even checked your oil, tire pressure, cleaned your windshield, and if you bought enough gas (like 5 gal.) they gave you crap like glasses, plates, etc.

Times have changed.

Yep...and gas wars...when stations would start dropping prices to get your business. I remember seeing the price of gasoline drop hourly until they hit about 20 cents/gallon...then they'd start drifting back up.
Fucking Arab oil embargo of the 70's FUBAR'D that forever.

<sigh>
 

Aikouka

Lifer
Nov 27, 2001
30,383
912
126
It's because summer is here and everyone price gouges since everyone is driving more.

It's October .

I thought that gas prices always went up in the winter because of more crude being used for producing other fuels (such as propane) for heating purposes.
 

L00ker

Senior member
Jun 27, 2006
201
0
0
Do you really ever expect that gas prices will EVER go down significantly? If you do, epic fail...
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Drive for five?

Drive is for $6 this year

10-20-2010 Expert predicts oil prices will skyrocket


http://wbz.cbslocal.com/2010/10/18/expert-predicts-oil-prices-will-skyrocket/


It might be a good time to pay attention to oil prices. Oil industry analyst John Kilduff tells WBZ Newsradio he things that home heating oil prices will go up during the next couple of months. And he predicts prices as high as $4 a gallon as we head into the colder months.


Kilduff says there are two reasons. First, that OPEC is pushing for oil to sell at 100 dollars a barrel, and that the Federal Reserve may start printing more money that would have an inflationary impact on the global market.
 
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