Author Topic: Gas Prices  (Read 43900 times)

Offline Dressel Rebel

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Re: Gas Prices
« Reply #645 on: November 28, 2006, 04:53 PM »
$2.43 in NY
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Offline Jesse James

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Re: Gas Prices
« Reply #646 on: November 28, 2006, 06:13 PM »
It's weird around Pitt right now...  Some places, seemingly places that know they've got you by the balls because there's few other stations around them, jacked their prices from $2.19-ish up to $2.25 one night...  Now some of those are up to $2.29 (just when I wanted to fill up ::) ). 

Yet others are at $2.19 yet, mostly where the competition is thicker, and one chain which usually is good about prices anyway is $2.17.  I think things seem fishy myself, but it is what it is...  I really hoped we'd see it under $2 though.  :(
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Offline Darth_Anton

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Re: Gas Prices
« Reply #647 on: November 29, 2006, 10:23 AM »
The one interesting thing that I've noticed is that gas prices have gone up a little bit since the election. Hmmm, coincidence?

Most likely.  I don't know how certain parties can control the price of a commodity that is traded worldwide.

 

I still don't see how corporations/special interest groups can have an affect on the price of a commodity that is traded worldwide for political gain. 


It's not that hard. In fact, the article I linked to gives a clue to one way in which it's done. Take a viable crop and purposefully not cultivate, or in this case drill, and you create an artificial shortage. The Diamond industry controls the price of their commodity in their sleep by hoarding 70% of the world supply.

As for the price going up after the election, I'm the first person in line to say that the price increase over the last few years is BS, but even I have to concede that there are certain patterns which must be maintained, such as standard price increases for the coming holiday season.
« Last Edit: November 29, 2006, 10:26 AM by Darth_Anton »
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Offline tonphanan

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Re: Gas Prices
« Reply #648 on: December 2, 2006, 03:57 PM »
jumped from 2.09 to 2.15 colorado springs
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Offline Tracy

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Re: Gas Prices
« Reply #649 on: December 2, 2006, 04:36 PM »
$2.31
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Offline Rob

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Re: Gas Prices
« Reply #650 on: January 9, 2007, 05:30 PM »
Oil continues to drop - now to an 18 month low.

But gas prices are holding steady around 2.20, a full .20 more than they were 4 or 5 months ago, when oil cost about 6 or 7 dollars per barrel more.

What's the deal?!

http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&feed=ap&src=601&news_id=ap-d8mhq4300&date=20070109

Offline Deanna Rash

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Re: Gas Prices
« Reply #651 on: January 9, 2007, 05:42 PM »
2.18 in Cincy
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Offline john todd

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Re: Gas Prices
« Reply #652 on: January 9, 2007, 05:55 PM »
gas was $2.07 today in mighty Denton TX.  i guess the holiday traveling season is officially over.

Offline Rob

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Re: Gas Prices
« Reply #653 on: January 9, 2007, 06:18 PM »
Of course I forgot that OPEC has been cutting production - by 1.7 million per day.

That explains the price not dropping very far - greedy OPEC wanting to keep their bottom line up.



Have we found an alternative energy yet??   :-\

Offline P-Siddy

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Re: Gas Prices
« Reply #654 on: January 9, 2007, 06:39 PM »
Was $2.03 this morning, now $1.99!!!  :o

This is in the Twin Cities.
« Last Edit: January 9, 2007, 06:39 PM by Darth Vlad »

Offline EdSolo

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Re: Gas Prices
« Reply #655 on: January 10, 2007, 07:19 AM »
Oil continues to drop - now to an 18 month low.

But gas prices are holding steady around 2.20, a full .20 more than they were 4 or 5 months ago, when oil cost about 6 or 7 dollars per barrel more.

What's the deal?!

http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&feed=ap&src=601&news_id=ap-d8mhq4300&date=20070109

Wouldn't it be actually nice if it worked the way it should?  Raw materia prices drop, and end product prices drop, but I'm still stuck at the $2.25 to $2.40 price point in Delaware.  I think the gas companies have been cut way too many breaks and are getting away with charging whatever they want.  Oil prices drop by dollars a barrel and gas prices stay virtually unchanged.  However, if the oil prices go up a nickel, gas prices go up two dimes.

Offline Deanna Rash

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Re: Gas Prices
« Reply #656 on: January 10, 2007, 06:55 PM »
 ;D Now 2.14 in cincy
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Offline P-Siddy

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Re: Gas Prices
« Reply #657 on: January 10, 2007, 07:15 PM »
$1.97 in the Twin Cities!!

Offline Darth_Anton

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Re: Gas Prices
« Reply #658 on: January 10, 2007, 08:00 PM »
Last time I gased up, it was still $2.50 here in LA.
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Offline name

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Re: Gas Prices
« Reply #659 on: January 10, 2007, 08:35 PM »
2.13 here
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