indiana oil refinery shuts down for maintenance, raising gas prices in midwest

[master_shake_]

gas jumped 23 cents a liter here.

 

[Londo_Jowo]

3-9-2016 40 cent jump today gas back over $2

Gas up 5 cents over the past two weeks here, still under $1.50/gal.

http://www.texasgasprices.com/Shell_Gas_Stations/Richmond/113096/index.aspx

Premium gas is just over $2/gal here.

 

[dmcowen674]

3-16-2016

https://finance.yahoo.com/q?s=clj16.nym

Oil jumped over 6% today to nearly $39

Haven't been out yet to see how much of a jump at the gas pumps but would expect at least the usual 30 cents but would not be surprised if higher.

Edit: Got the 30 cent jump now back over $2

 

[dmcowen674]

3-17-2016

Oil now over $40

 

[master_shake_]

gas jumped from 79.2 to 94.9

i think they just want us to get used to gas being over a dollar again.

 

[MongGrel]

3-17-2016

Oil now over $40

Bummer.

Give us an update when it gets up near $100 a barrel again.

 

[dmcowen674]

This is without the normal annual "We can't make the summer blend gas that we have to make every year" bullshit yet:

http://fox59.com/2016/03/20/gas-prices-jump-by-17-cents-over-past-two-weeks-to-2-02/

Gas prices jump by 17 cents over past 2 weeks, to $2.02



The average price of gasoline has jumped by 17 cents over the past two weeks, to $2.02 a gallon for regular grade.


Industry analyst Trilby Lundberg said Sunday that the hike is due to growing demand for gasoline across the nation and higher crude oil prices.


Lundberg says the increase is part of a trend that has seen the price spike nearly a quarter over four weeks.


In the Lower 48 states, the highest average price of regular gasoline was $2.72 per gallon in Los Angeles. The lowest was $1.66 in Newark, New Jersey.

 

[Londo_Jowo]

Nice to see you need to bring up prices in California where they use the most customized fuel blends.

Looks like there's quite a few stations in Indy for 27 cents less a gallon than the area in your link.

http://www.indygasprices.com/

 

[Ketchup]

Will be interesting to see how this latest breakup affects midwest (well, really everyone's) gas prices:

http://www.cnbc.com/2016/03/19/saud...ners-chemical-plants-after-shell-breakup.html
http://www.business-standard.com/article/opinion/shell-divorce-116032000679_1.html

 

[dmcowen674]

Will be interesting to see how this latest breakup affects midwest (well, really everyone's) gas prices:

http://www.cnbc.com/2016/03/19/saud...ners-chemical-plants-after-shell-breakup.html
http://www.business-standard.com/article/opinion/shell-divorce-116032000679_1.html

You know the American consumer will get shafted the most.

 

[MongGrel]

You know the American consumer will get shafted the most.

This thread is just a dmcowen674 version of gamergate, almost.

Not much is said really, it just exists to be bumped occasionally.

Only difference is he didn't start it.

 

[Londo_Jowo]

Will be interesting to see how this latest breakup affects midwest (well, really everyone's) gas prices:

I doubt this will have any effect at all.

 

[Phynaz]

Dave should be more concerned with the price of the Twinkies he gets with his food stamps.

 

[dmcowen674]

3-22-2016 Oil back up to $45

Look for at least a dollar jump once they have to switch to the summer blend.

 

[Londo_Jowo]

Yuh huh

Oil prices drop, with traders wary ahead of key stockpile news

Published: Mar 23, 2016 6:12 a.m. ET

http://www.marketwatch.com/story/oi...-fret-about-looming-stockpile-data-2016-03-23

 

[Phynaz]

3-22-2016 Oil back up to $45

Look for at least a dollar jump once they have to switch to the summer blend.

You're a moron.

"NEW YORK (Reuters) - Oil prices were down about 3 percent on Wednesday after U.S crude stockpiles soared to record highs for a sixth straight week and triple analysts' expectations, rekindling worries of a glut that could reverse the market's two-month long rally.

U.S. crude futures were down $1.31, or 3 percent, at $40.14 a barrel by 12:30 p.m. EDT"

 

[Knowing]

IIRC circa 2007-8-9 the barrel price of oil was about 50% higher than today and gas prices were hovering in the $2/ gallon range.

The only fundamental change between sub $30/bbl oil and $40/bbl oil is that oil storage was less full when oil was $27/bbl and Iran was still ramping production. The production "freezes" are at levels that already exceeded consumption and not everyone is on board because they have bills to pay.

 

[dmcowen674]

Price of oil may have dropped but gasoline jumped here 30 cents. Heading to $2.50 fast

 

[allisolm]

Price of oil may have dropped but gasoline jumped here 30 cents. Heading to $2.50 fast

IndianapolisPre-Hike Average
1.89
Price Hike AlertProjected Average
1.99 +/- 0.03

edit: never even made it to $1.99. Topped out at $1.97 and already back down to $1.94.
edit2: went back down to prehike price by 3/29.

 

[nickqt]

Your $2.50 must be everyone else's $1.99.

Let me know when it's about to be $8.00 for you, so I can be prepared to pay $3.00.

Thanks in advance.

 

[dmcowen674]

20 cents jump today

Most stations at $2.09

 

[dmcowen674]

Here comes the summer blend excuse:

4-6-2016
https://finance.yahoo.com/news/get-ready-to-pay-more-for-gas-by-memorial-day-193029505.html

Get ready to pay more for gas by Memorial Day



Gas prices are on the rise. During March, gas prices increased for 21 consecutive days, starting at $1.86 a gallon and reaching $2.04 by March 28. And it doesn’t look like the climb will stop there; AAA predicts that the average price of gas could rise by 25 cents a gallon by Memorial Day.


With all of the recent headlines about the oversupply of oil in the global market, why are gas prices going up?


One reason consumers are expected to pay more at the pump is because many refineries have until June 1 to start selling a special summer-blend gasoline. This gas is mandated by the EPA and is less likely to contribute to air pollution during warmer temperatures. In response, refineries are expected to lower their supply of regular gas at a time when more drivers hit the road to enjoy the warmer weather. The result is higher prices.

 

[Londo_Jowo]

Filled up the company truck at $1.75 here in Louisiana

 

[dmcowen674]

Oil over $40 today

Gas prices jumping

Indianapolis
Pre-Hike Average
2.05
Price Hike Alert
Projected Average
2.19 +/- 0.06

 

[Phynaz]

Only McDumbass is upset about gas being the cheapest it's been in over decade.

http://zfacts.com/gas-price-history-graph