Got Gas? U.S. Economy to Worsen as Gas Prices Skyrocket

[Engineer]

No way, you are lying according to the experts in here

This says gas is $3.73 there

http://www.lexingtongasprices.com/

Shirley they can't be wrong

Based on the bottom of the charts, I would suspect that they are are going to rise over the next few hours (they always do). Not sure it would be worth my drive to any of those cheaper stations (if I needed gas) as it would cost almost as much as the savings on gas to go to them.

 

[ElFenix]

No way, you are lying according to the experts in here

This says gas is $3.73 there

http://www.lexingtongasprices.com/

Shirley they can't be wrong

the difference between your post and his post is that the gas price thing actually backs up his statement that gas is up to $4.05 there. looks like a lot of stations are at that price.

your usual post either selects one station that for some reason is $0.30 higher than anything else in the neighborhood or is just a complete outright falsification.

i don't know why i bothered typing this, not going to change anything you do.

 

[desy]

Shirley you cherry pick the lowest price and ignore the highest prices ALSO posted at 4.06

 

[dmcowen674]

the difference between your post and his post is that the gas price thing actually backs up his statement that gas is up to $4.05 there. looks like a lot of stations are at that price.

your usual post either selects one station that for some reason is $0.30 higher than anything else in the neighborhood or is just a complete outright falsification.

i don't know why i bothered typing this, not going to change anything you do.

The one station makes it just as accurate as his post.

Can't help that the website features only a fraction of the stations around, maybe because it's a big city?

 

[Doppel]

the difference between your post and his post is that the gas price thing actually backs up his statement that gas is up to $4.05 there. looks like a lot of stations are at that price.

your usual post either selects one station that for some reason is $0.30 higher than anything else in the neighborhood or is just a complete outright falsification.

i don't know why i bothered typing this, not going to change anything you do.

You've even called dmcowen out for his trolling and/or lying posts in this thread, why are they still allowed? If he was banned in the past for exactly this he obviously hasn't learned nor is likely to.

 

[ElFenix]

The one station makes it just as accurate as his post.

Can't help that the website features only a fraction of the stations around, maybe because it's a big city?

no, one station is a statistical outlier. and the way you do it is claim that ALL stations are the price of that one station.

another problem is the links you post usually belie your position as well.

well, that and you'll make a claim, someone will call the place you're making the claim about, and your claim will be refuted again.

 

[WhipperSnapper]

Not sure it would be worth my drive to any of those cheaper stations (if I needed gas) as it would cost almost as much as the savings on gas to go to them.

Not only that, but by the time you get there it's possible that the prices may have increased again or that those cheaper stations will have increased their prices to match the other stations.

 

[dmcowen674]

no, one station is a statistical outlier. and the way you do it is claim that ALL stations are the price of that one station.

another problem is the links you post usually belie your position as well.

well, that and you'll make a claim, someone will call the place you're making the claim about, and your claim will be refuted again.

Refuted by people that clearly personally profit from the raping of the country? Please

You are just as welcome to come here and verify anything as the lying dolts.

 

[mmntech]

Gas reached a record high of 1.39/litre here in Toronto. For the American crowd, that's $5.27/gal. They're expecting it to go as high as $1.50/litre (approx $5.95/gal) by summer.

It's getting to the point where my car is getting too costly to drive. I haven't had a single cost of living increase from my employer in the two years I've worked there. Thanks to a legal loophole and poor job market, they've got me by the balls.

More outrageous is the government making money hand over fist. Gas taxes here as obscene and they have zero intensive to cut them. In fact Ontario slapped another 8% tax on fuel last summer!!! They need to fund their bloated and growing bureaucracy. They're the only people who seem to be profiting, aside from the oil companies. And they still give oil companies tax breaks. For all the taxes the government takes in off us, only public sector workers seem to be reaping the rewards; in terms of higher pay, better benefits, and more staff. Little of that cash ends up being spent on the public, or to pay down our massive debt.

 

[dmcowen674]

5-10-2011

http://www.courierpress.com/news/2011/may/10/gas-prices-spike-a-quarter/?partner=yahoo_feeds

Indiana gas prices spike a quarter to $4.19


Floods are factor in price-per-gallon increase


Marcy Gerike of Evansville was in front of MotoMart on East Lloyd Expressway on Tuesday afternoon when gas prices spiked more than a quarter.

The price of a gallon of regular unleaded fuel jumped 26 cents from $3.93 to $4.19 at many Evansville gas stations at 1:30 p.m. After seeing the just-posted price, Gerike told others about it during a stop at the nearby CVS/pharmacy.


"This is ridiculous, absolutely ridiculous," she said about the jump.

American Automobile Association regional spokesman Michael Right used another word to describe the new prices: awful.

But the price of oil isn't to blame for the latest jump, Right said. Instead, the hike can be blamed on a culprit that has already wrecked havoc on the region for more than two weeks.

"Flooding," Right said. "It's affecting some refinery operations as well as terminals. In addition to that, some barge activity is being constrained."
======================================================
Jumped another dime here, $4.69 to $4.79 on my way to work.

Will probably be closer to $5 in the morning on my way home.

At this pace it will easily reach $5.50 for Memorial Day

 

[WhipperSnapper]

I heard that on the TV last night, too (that the floods could increase the gas prices). Gas prices are so sensitive that it seems like they jump up if the wind so much as blows a little bit, so I guess this shouldn't come as any surprise.

 

[dmcowen674]

5-11-2011

http://finance.yahoo.com/news/Slump...tml?x=0&sec=topStories&pos=main&asset=&ccode=

Slumping oil, commodity prices halt stock rally


Tumbling demand for commodities and a drop in the euro put financial markets on edge Wednesday, pulling the Dow Jones industrial average down by more than 150 points.

Demand for gasoline in the U.S. fell by the largest amount in seven weeks, the Energy Information Administration said, a signal that consumers are conserving money as gas prices near a national average of $4 a gallon.



Gas futures fell almost 8 percent.



Crude oil fell back below $100 a barrel, a loss of more than 4 percent.

 

[Acanthus]

Yup, finally.

It is painfully obvious that no one can afford gas prices at their current levels and will cut back as much as possible.

Shocking!!! Inventories grew at more than 3x the expected rate.

 

[mizzou]

Thank god the flooding is still here to continue inflation of gas prices

 

[ElFenix]

Refuted by people that clearly personally profit from the raping of the country? Please

You are just as welcome to come here and verify anything as the lying dolts.

how many people posting here in the middle of the day could possibly be personally profiting from the raping of the country?

 

[dmcowen674]

High gas prices blamed on computers

This is first time I have seen this new excuse

5-11-2011

http://finance.yahoo.com/blogs/brea...lYwNGUEJyZWFrb3V0QmxvZwRzbGsDYXNjcnVkZWZhbGxz

As Crude Falls, Don’t Expect Lock-Step Declines in Pump Prices


The catalyst for the dip appears three-fold. First, we had a larger than expected build in weekly inventories. Next, the government's Energy Information Agency (EIA) lowered its oil demand growth forecast for next year by about 8 percent, to 1.4 million barrels a day. And finally, gasoline (RBOB) exports are more than offsetting any reduced domestic consumption. This has the effect of keeping supplies oddly tight in the face of $4 pump prices.


The takeaway, Kevin Book of Clearview Energy Partners says, is that U.S. consumers have less control over prices than ever.

"Computers move faster than boats," he says in response to the price decline differential in the spot market versus what we pay at the pump.

 

[dmcowen674]

Originally Posted by dmcowen674
Refuted by people that clearly personally profit from the raping of the country? Please

You are just as welcome to come here and verify anything as the lying dolts.

how many people posting here in the middle of the day could possibly be personally profiting from the raping of the country?

As the previous post shows the latest excuse is computers to blame for high gas prices. The people in here are obviously computer users so they are to blame.

 

[dmcowen674]

Dog and Pony show #2011 commencing

5-12-2011

http://news.yahoo.com/s/ap/20110512...jb3JkaW9uX2J1c2luZXNzBHNsawNvaWxjZW9zaGVhZHQ-

Oil CEOs head to Hill for grilling by Senate Dems



Senate Democrats are calling top executives from the five biggest oil companies before a congressional hearing to flog them verbally for high gasoline prices, big profits and generous tax breaks that Democrats would like to end but don't have the votes to stop.

"Why on earth, when we are supposedly working to reduce the deficit, would we be subsidizing the top five oil companies?" Sen. Robert Menendez, D-N.J., said prior to the hearing Thursday before the Senate Finance Committee.



"It's time for the big five oil companies to give up these subsidies and allow their companies to pay a fair share towards reducing the deficit."

The five companies booked profits totaling $36 billion the first quarter of this year. The Democrats say that with profits that high, the big oil companies wouldn't miss tax breaks that average $2 billion a year.


"These subsidies were passed when the price of oil was $17 a barrel, when you needed some incentive for exploration," said Sen. Chuck Schumer, D-N.Y. "With the price of oil at $100 a barrel, the only thing that keeps them in place is pure politics."


"They ought to be making profits fairly, not with the kind of giveaways that they are receiving now," said Sen. Richard Blumenthal, D-Conn.


Menendez has introduced a bill that would repeal the tax breaks for the five largest oil companies — Shell Oil Co., ExxonMobil, ConocoPhillips, BP America and Chevron Corp. The heads of those companies are scheduled to testify before the Senate Finance Committee.


On Wednesday, ConocoPhillips chairman and CEO Jim Mulva issued a statement saying a tax increase would cost jobs, discourage investment and lead to even higher gas prices.
==============================================
Please, please, please end the subsidies, lay off workers and raise gas to $10. Thank you

 

[Doppel]

Originally Posted by dmcowen674
Refuted by people that clearly personally profit from the raping of the country? Please

You are just as welcome to come here and verify anything as the lying dolts.




As the previous post shows the latest excuse is computers to blame for high gas prices. The people in here are obviously computer users so they are to blame.

Do they use as many computers as you? http://208.65.201.106/showthread.php?t=885648

 

[dmcowen674]

Oil back towards $100 and going up fast

5-12-2011

http://finance.yahoo.com/news/Oil-r...5kczE-?x=0&sec=topStories&pos=5&asset=&ccode=

Oil rebounded by about $1 on Thursday as investors focused on strong demand growth in Asia after a sell-off the previous day triggered by a surprise increase in U.S. gasoline stockpiles.

U.S. crude advanced $1.06 to $99.26.

Benchmark gasoline futures on Thursday gained 4.71 cents to almost $3.17 a gallon. Wednesday's plunge triggered a five-minute halt in trading of New York Mercantile Exchange crude and refined products.

 

[mizzou]

Oil back towards $100 and going up fast

5-12-2011

http://finance.yahoo.com/news/Oil-r...5kczE-?x=0&sec=topStories&pos=5&asset=&ccode=

Oil rebounded by about $1 on Thursday as investors focused on strong demand growth in Asia after a sell-off the previous day triggered by a surprise increase in U.S. gasoline stockpiles.

U.S. crude advanced $1.06 to $99.26.

Benchmark gasoline futures on Thursday gained 4.71 cents to almost $3.17 a gallon. Wednesday's plunge triggered a five-minute halt in trading of New York Mercantile Exchange crude and refined products.

Its $96 right now. I dont see gas budging though until the flood issues are away, by then oil will be $70 per barrell and we will maybe see $3.50 gas,

 

[Capt Caveman]

Oil back towards $100 and going up fast

5-12-2011

http://finance.yahoo.com/news/Oil-r...5kczE-?x=0&sec=topStories&pos=5&asset=&ccode=

Oil rebounded by about $1 on Thursday as investors focused on strong demand growth in Asia after a sell-off the previous day triggered by a surprise increase in U.S. gasoline stockpiles.

U.S. crude advanced $1.06 to $99.26.

Benchmark gasoline futures on Thursday gained 4.71 cents to almost $3.17 a gallon. Wednesday's plunge triggered a five-minute halt in trading of New York Mercantile Exchange crude and refined products.

Oil up $1 is going up fast? Oh wait, it's down now.

 

[dmcowen674]

The excuses and price hikes keep right on rolling

5-12-2011

http://finance.yahoo.com/news/Oil-s...7.html?x=0&sec=topStories&pos=8&asset=&ccode=

Oil settles higher on weaker dollar



Oil settles higher as weaker dollar outweighs worries about demand slowdown


Oil rose Thursday in volatile trading to settle near $99 per barrel, with a weaker dollar offsetting concerns about a slowdown in world demand. Gas pump prices also rose as flooding on the Mississippi River threatened supplies in some parts of the country.

"They might not be able to receive shipments from barges or oil tankers for some time," Kloza said. "There's some worry about that."

 

[Doppel]

Gas futures, in fact far more important than oil since they represent the actual topic of the thread, fell again today.

http://www.cnbc.com/id/43011728

 

[dmcowen674]

Stations by me jumped 17 cents last night from $4.79 to $4.96

Will certainly be over $5 for regular by Memorial Day weekend