There goes my mountain dew money

nobody · Post by **nobody** » August 31, 2005, 3:51 pm

http://today.reuters.com/News/newsArtic ... IKE-DC.XML

"On a national average, we could hit $3.25 at the pump easily, potentially even by this weekend,"

we deserve it for not learning our lesson 30 yrs ago. i say take over venezuela.

http://money.cnn.com/pf/features/lists/ ... gasprices/

nobody · Post by **nobody** » August 31, 2005, 3:57 pm

oh, and here is what your 3 bucks a gallon buys

masteen · Post by **masteen** » August 31, 2005, 4:08 pm

The time for a thermonuclear cleansing of that entire region is very, very close. You know that Dubya is just ITCHIN to push teh button.

Aruman · Post by **Aruman** » August 31, 2005, 4:44 pm

/shrug.

$3.25 is still considerably cheaper than fuel prices in other developed countries.

We still have it good here in the US as far as current fuel prices go.

Aslanna · Post by **Aslanna** » August 31, 2005, 4:53 pm

Consumers can expect retail gas prices to rise to $4 a gallon in the near future, Ben Brockwell, director of pricing at the Oil Price Information Service, said Wednesday. "There's no question gas will hit $4 a gallon," he said. "The question is how high will it go and how long will it last?"

Bad time to be a SUV owner. Ha!

miir · Post by **miir** » August 31, 2005, 5:00 pm

Aruman wrote:/shrug.

$3.25 is still considerably cheaper than fuel prices in other developed countries.

We still have it good here in the US as far as current fuel prices go.

Canadian prices work out to roughly 3.75 a gallon.
There's a ton of taxes included in that price, though.

UK fuel prices are roughly double that.

Winnow · Post by **Winnow** » August 31, 2005, 5:05 pm

I put another 20.00 in my tank at lunch to top it off. The price had gone up .15 overnight.

It sucks but is manageable for day to day travellers. If the price of gas nears $4.00, we're fucked though. All of the food and materials being shipped around the country via 18 wheelers is going to cause havok with the price of everything from beer to tampons.

Funkmasterr · Post by **Funkmasterr** » August 31, 2005, 5:06 pm

Yeah.. Gas raised 20 cents here to 2.99/gallon today, and will be raising another 20 cents tomorrow. This is fucking criminal.

Sumdaor · Post by **Sumdaor** » August 31, 2005, 5:24 pm

Anyone having gas stations running out of gas in your area. Last night I went to fill up and one gas station was out and the other one only had premium. The gas attendant told me they would run out of premium later tonight and didn't know when they would get a new shipment of gas. I live in Louisiana so this could be a large factor, but I was shocked when he told me.

Dexail · Post by **Dexail** » August 31, 2005, 7:03 pm

several smaller gas stations are running out of gas here in georgia. price is around $2.99 for the "cheap" stuff.

apparently the power outage from Katrina is affecting the pipelines that ship the gas to distribution facilities.

Ebumar · Post by **Ebumar** » August 31, 2005, 8:08 pm

I'm going to have to get a second job just to pay for gas for the commute to my current job.

Aslanna · Post by **Aslanna** » August 31, 2005, 10:30 pm

$3.19 here. I filled up since it will more than likely go up. Since I walk to work that will last me at least until Christmas.

Fairweather Pure · Post by **Fairweather Pure** » August 31, 2005, 11:53 pm

$3.19 here in Battle Creek, MI. It was $3.26 in Marshall. I heard it was $3.47 in Lansing but have no actual confirmation of that.

I'll take a wild guess and assume the big oil companies will almost triple thier net earnings this year, just like many of them doubled thier earnings from last year. We're talking billions and billions of dollars going straight into the pockets of big oil. Remember that when you're paying for your gas.

It's a good time to be getting 36 miles per gallon though

The SUV and big truck owners have got to be shitting thier pants. I mean, it cost me $30 to fill up my tiny car. They've gotta be paying around $100! Fuck that noise!

Kelshara · Post by **Kelshara** » September 1, 2005, 12:03 am

Reports of $5 for 87 and $6 for 93 in certain areas of Atlanta. Gas stations running out of gas. Lines everywhere.

$2.99 here.

Aabidano · Post by **Aabidano** » September 1, 2005, 6:57 am

It went from $2.55 to $2.75 for regular yesterday. Topped both vehicles off.

Chidoro · Post by **Chidoro** » September 1, 2005, 10:17 am

It's interesting, the Garden St Parkwawy and the NJ Turnpike can only raise prices on specific days. It was $2.55 for regular there while it was anywhere from $2.79 to $2.99 elsewhere on my ride home last night. On my ride to work this morning I noticed that prices went up anywhere from $.20 to $.30. So $2.99 to $3.29 for now. The one place that was still selling for $2.81 looked pretty chaotic. It's price gouging, plain and simple.

My aging civic get a touch over 32 per gallon in conjested north Jersey traffic which isn't bad.

Aabidano · Post by **Aabidano** » September 1, 2005, 10:29 am

Diesel is still $2.55

My Toyota will be getting some driveway time I think.

Deward · Post by **Deward** » September 1, 2005, 11:05 am

$3.19 a gallon here in central WI. Went up 25 cents since yesterday morning. I am still holding onto my prediction of $4 a gallon before the end of the year and that was before the hurricane. Now I could see $5 to $6 a gallon before the end of the year. I am going to stock up on food stuffs and necesities because the shipping is going to raise prices for everything.

Bubba Grizz · Post by **Bubba Grizz** » September 1, 2005, 3:10 pm

Time for me to become the stereotypical Fat man on a Moped. If only winter weren't right around the corner. I pity those people who can't afford the fuel oil to keep warm during winter.

Voronwë · Post by **Voronwë** » September 1, 2005, 6:49 pm

LOL there was gas going for like $5+ in ATL yesterday> There was total panic amongst the populace that we were going to run out of gas because some pipelines from the Lousiana area didnt have power, and that was a major supply to us.

So of course the vendors strapped on their price gouging shoes. Monstrous lines and everything. was hilarious because there was no real shortage as we also get gasoline from the east, and there is plenty.

hilarity also ensued when the governor declared a "State of Emergency" over gas prices. I thought that was stupid as shit for 3 reasons:

#1. the government doesn't control market prices
#2. it actually fed into the panic of gas shortages even more
#3. an EMERGENCY is what is going on in Louisiana. Me paying $12 more for a tank is not an emergency.

Lor · Post by **Lor** » September 1, 2005, 7:12 pm

Yea, Ol' G.W. is Considering opening the Oil Reserves up...... CONSIDERING?!?!?! what the Fuck is there to consider, I saw the prices go from 2.69 at 3:00pm to 3.19 at 6:30 am in Central NJ. all I can say is WOW.

Sabek · Post by **Sabek** » September 1, 2005, 8:03 pm

Opening the oil reserves wont help much if the refineries are underwater and the remaining refineries are at full capacity.

Chmee · Post by **Chmee** » September 1, 2005, 8:23 pm

Sabek wrote:Opening the oil reserves wont help much if the refineries are underwater and the remaining refineries are at full capacity.

Opening the reserves may help a little short term since the storm also disrupted crude imports and some refineries were reporting shortages of incoming crude. But you are right that the refining capacity is the larger problem.

The EPA is also creating a temporary exemption on what types of gas are required in which locales which will also help.

A good post discussing this ...

http://www.econbrowser.com/archives/200 ... .html#more

Chidoro · Post by **Chidoro** » September 1, 2005, 8:49 pm

Lor wrote:Yea, Ol' G.W. is Considering opening the Oil Reserves up...... CONSIDERING?!?!?! what the Fuck is there to consider, I saw the prices go from 2.69 at 3:00pm to 3.19 at 6:30 am in Central NJ. all I can say is WOW.

Heh, I filled up on the Parkway. Like the Turnpike, they can only raise prices on specific days so they don't move price regardless of what's going on until that day hits. They get a delivery, no matter, still the same price. At lunch, I tapped off the last third of a tank at $2.56 while every other station was pushing a minimum of $2.99, for regular. Normally, this attribute lends to them giving higher prices than normal, but today was not that day.

What I find interesting is that the big name stations are all very close in price to each other in relation to their area. In other words, they are all priced similarly on busy roads. However, on the same busy roads, the dirty gas stations that are normally lower priced are all a good $.30 higher. I saw this fat fuck sitting on a chair in front of his pumps just waiting for the station before him to run out of gas in order to rape the next passerbys.

Fairweather Pure · Post by **Fairweather Pure** » September 2, 2005, 12:05 am

24 hours later and now we're at $3.36 in Battle Creek, MI. The cheapest I saw was $3.29.