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Not Good !!! Gas

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Old Mar 28, 2011 | 04:47 PM
  #21 (permalink)  
Mike-in-Orange's Avatar
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Default Re: Not Good !! Gas

Originally Posted by ZAHANMA
You will see them go down shortly. The price of oil dropped yesterday with the unfortunate events in Japan who is the third largest global consumer of oil. The demand will go down for the next few weeks and as the supply exceeds the demand the price will fall a bit.
Originally Posted by Franc Rauscher
Station operator in Southern Il told me her fuel prices would drop $.30in the next two weeks.
She was droppig them last Friday. Told me right after I filled up.
Both of the above posts were made on 3/12/2011 and unfortunately neither one has proven accurate (not meaning to call you guys out, just using your experiences and observations here). Average price of regular gas, as of today (3/28/2011) in Los Angeles County, CA = $4.04/gal, in Orange County, CA = $4.03 and it is going up quickly. I honestly don't believe it's going to get a whole lot better, even in the long term. Yes, it will peak at some point well above $4.00 and eventually drop back down to perhaps as low as the high $3/gallon range. Of course, this is all just speculation on my part, so feel free to quote me in a future post and point out how little I actually know!!!

Still, since I'm a big fan of small hatchbacks, I'm thinking my next daily driver may well be a VW Golf TDI (the Crossfire is my toy, and will remain so for many, many years to come).
 
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Old Mar 28, 2011 | 05:01 PM
  #22 (permalink)  
Franc Rauscher's Avatar
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Default Re: Not Good !! Gas

Originally Posted by Mike-in-Orange
Both of the above posts were made on 3/12/2011 and unfortunately neither one has proven accurate (not meaning to call you guys out, just using your experiences and observations here). Average price of regular gas, as of today (3/28/2011) in Los Angeles County, CA = $4.04/gal, in Orange County, CA = $4.03 and it is going up quickly. I honestly don't believe it's going to get a whole lot better, even in the long term. Yes, it will peak at some point well above $4.00 and eventually drop back down to perhaps as low as the high $3/gallon range. Of course, this is all just speculation on my part, so feel free to quote me in a future post and point out how little I actually know!!!

Still, since I'm a big fan of small hatchbacks, I'm thinking my next daily driver may well be a VW Golf TDI (the Crossfire is my toy, and will remain so for many, many years to come).
I know you weren't" callin me out" but on my return trip, the price at that rural Illinois station had dropped, just as she indicated.
Cailfornia is a foreign Country to the midwest. Your gas prices are 20% higher most of the time. Except in San Diego where normal rules about most anything don't seem to apply.
But, it is a most beautiful place with wonderful folks. I always have a good time there.

roadster with a stick

BTW, Regular gas that day was $3.59 per Gal. Diesel was $3.99
I believe today it is $3.69 to $3.79 per Gal in So Il.
Diesel and Premium each run about the same here. I paid $ 3.69 at the QT last Sunday night for regular.
Fuels will go up and down as market forces effect them. Japan's shut down has flooded the world with crude.Temporarily.
Just sayin.
 

Last edited by Franc Rauscher; Mar 28, 2011 at 05:45 PM.
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Old Mar 28, 2011 | 05:12 PM
  #23 (permalink)  
Mike-in-Orange's Avatar
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Default Re: Not Good !! Gas

Originally Posted by Franc Rauscher
I know you weren't" callin me out" but on my return trip, the price at that rural Illinois station had dropped, just as she indicated.
Cailfornia is a foreign Country to the midwest. Your gas prices are 20% higher most of the time. Except in San Diego where normal rules about most anything don't seem to apply.
But, it is a most beautiful place with wonderful folks. I always have a good time there.

roadster with a stick

BTW, Regular gas that day was $3.59 per Gal. Diesel was $3.99
I believe today it is $3.69 to $3.79 per Gal in So Il.
Diesel and Premium each run about the same here. I paid $ 3.69 at the QT last Sunday night.
Fuels will go up and down as market forces effect them. Japan's shut down has flooded the world with crude.Temporarily.
Just sayin.
Wow, you've actually a price drop on gasoline in the past few weeks????? Even a price drop of a lousy penny per gallon would be a shocking turn of events here. I've seen the price jump as much as 5 cents between my morning and evening commutes - at the same station!!! It's gone up in total as much as 40 cents a gallon in the past three weeks.
 
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Old Mar 28, 2011 | 05:21 PM
  #24 (permalink)  
inot2old's Avatar
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From: VA
Default Re: Not Good !!! Gas

I found this article interesting.
The Real Reason Gas Prices Are Soaring - DailyFinance
 
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Old Mar 28, 2011 | 05:49 PM
  #25 (permalink)  
Franc Rauscher's Avatar
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From: St Louis MO
Default Re: Not Good !! Gas

Originally Posted by Mike-in-Orange
Wow, you've actually a price drop on gasoline in the past few weeks????? Even a price drop of a lousy penny per gallon would be a shocking turn of events here. I've seen the price jump as much as 5 cents between my morning and evening commutes - at the same station!!! It's gone up in total as much as 40 cents a gallon in the past three weeks.
I think we had a $0.19 increase with-in 48 Hours here earlier in March.

It is really hard to tell overall trends from only local area observations.
Some price increases/decreases have to do with distribution issues.

Best guy on the forum to explain it is KURTS. He is sorta inside the game and, unlike the agenda driven media, always tells it straight.

franc
 
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Old Mar 28, 2011 | 05:59 PM
  #26 (permalink)  
dedwards0323's Avatar
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From: Upstate SC
Default Re: Not Good !!! Gas

Originally Posted by Franc Rauscher
Ironicaly, gas in New Jersey is still pumped by an attendent. It is the law.
I worked a steel mill site in Perth Amboy, NJ for 19 months a few years back. Always struck me as odd that gas had to be pumped by an attendant. But, just like "too many cooks spoil the stew", having the same individual or limited individuals pump gas at a station kept the spills down & minimized risks of fires. Maybe it's not such a bad idea!
 
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Old Mar 28, 2011 | 06:03 PM
  #27 (permalink)  
dedwards0323's Avatar
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From: Upstate SC
Default Re: Not Good !!! Gas

Gas has sort of settled down here in SC. Prices appear to have held steady (for the last 10 days) around the $3.39-$3.49 for Unleaded Regular. Typically, it's $0.10 a gallon more for Unleaded Plus and another $0.10 a gallon for Unleaded Premium.
 
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Old Mar 28, 2011 | 06:52 PM
  #28 (permalink)  
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Default Re: Not Good !!! Gas

I think we will continue to see high spikes in gas prices until US prices "normalize" with the rest of the world, regardless of the amount we consume, to a price of $5/gallon. It may take another couple of years, but that is where we are heading.

Just like now, it will jump way up, but never go back down to where it was previously..........

KrzyFast
 
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Old Mar 28, 2011 | 07:27 PM
  #29 (permalink)  
itsky's Avatar
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From: Tennessee
Default Re: Not Good !!! Gas

Originally Posted by KrzyFast

Just like now, it will jump way up, but never go back down to where it was previously..........

KrzyFast
Never say never. We went through this three years ago and prices plummeted down to $1.50/gallon. Keep the hope fires a burning!
 
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