Originally Posted by kjwinston
I am starting to "hate" the gasoline companies. I just paid $3.87 for a gallon of (91) premium gas. Wow when will it stop? I thought USA was exporting more Oil than importing it? I will really go off if they turn in another Quarter at 300% profit. I just want to drive my crossfires! If we get the Gas to $4 taht means we will be around $63 a tankful....wow, I guess I will be cutting back on food....I want to drive and fast! . What is the price of gas around the USA and Europe? I'm still getting 22.9 around town but, WHY?
KJ
$3.87 for premium...........consider yourself lucky. The lowest for premium her is around $4.05 but most is $4.15 or higher.
We are still a net oil importer, by quite a large quantity. We are now exporting gasoline but that is because demand is down her and our refining sector has extra refining capacity they can take advantage of as long as the international market (primarily Europe) needs it.
If you want weekly trends in US or local prices, check out the EIA website and the petroluem weekly summaries. It's a pretty good source for info like this. Get used to high prices, especially over the summer.