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Peakoil.com :: View topic - Another Gasoline Record
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Another Gasoline Record
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frankthetank
Fusion
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Joined: Sep 16, 2004
Posts: 4452
Location: Southwest WI

PostPosted: Thu Jul 03, 2008 7:47 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Gas stations have got to be losing money selling gasoline. Its still $3.99 here. These are all Kwik Trip stores in my area. I filled up last night thinking today was the big jump.
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AirlinePilot
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Joined: Apr 05, 2005
Posts: 2472
Location: South of Atlanta

PostPosted: Thu Jul 03, 2008 8:50 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

I wonder if there is not some sort of "pressure" to let it stay where it is through Sunday night? I'm going to be in hoarding mode so i can get about 15-20 gallons for my new scooter coming next week. I always write the price I buy at on the plastic jugs for fun.

My guess is they want to get though the 4th weekend then all hell is going to break loose.
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vision-master
Fusion
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Joined: May 18, 2006
Posts: 4381
Location: Minneapolis, MN

PostPosted: Thu Jul 03, 2008 9:51 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

AirlinePilot wrote:
I wonder if there is not some sort of "pressure" to let it stay where it is through Sunday night? I'm going to be in hoarding mode so i can get about 15-20 gallons for my new scooter coming next week. I always write the price I buy at on the plastic jugs for fun.

My guess is they want to get though the 4th weekend then all hell is going to break loose.


Scooter? I'm looking at the Vino 125.
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LittleBoPeak
Tar Sands
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Joined: Apr 18, 2008
Posts: 24

PostPosted: Thu Jul 03, 2008 10:15 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

gnm wrote:
RBOB hitting almost 3.60 and regular still available here in NM at 3.89... How can that be?

-G


That's what I want to know! Some stations here have regular for $3.76. Talk about your loss leader!

I'm dazed and confused.
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ReducedToZero
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Joined: Jun 29, 2008
Posts: 82
Location: San Luis Obispo, CA / San Jose, CA

PostPosted: Sat Jul 05, 2008 3:31 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

!!!!$$$!!!


we're at 4.79 in San Luis Obispo, CA...



#%@!
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Byron100
Intermediate Crude
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Joined: Sep 08, 2005
Posts: 750
Location: Atlanta, GA

PostPosted: Sat Jul 05, 2008 6:47 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

ReducedToZero wrote:
!!!!$$$!!!


we're at 4.79 in San Luis Obispo, CA...



#%@!


I bet you'd be in favor of a price equalization law in the US, huh?

Until we're enlightened enough to do that, you might want to move to someplace a bit cheaper. I, for one, would like to know where that extra dollar of profit is going...
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ReducedToZero
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Joined: Jun 29, 2008
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Location: San Luis Obispo, CA / San Jose, CA

PostPosted: Sat Jul 05, 2008 11:45 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Well I dont drive, so its actually been partially benefitial in some ways:


Explaining PO to others...
Learning useful bicycle skills...
etc etc
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cbxer55
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Joined: Jun 02, 2008
Posts: 375
Location: Midwest City, Oklahoma

PostPosted: Sat Jul 05, 2008 2:54 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Most of the cheapo stations here in Midwest City OK. are at $3.76 for regular. They are the stations that have the stickers proclaiming "Up to 10% ethanol". All the top line stations, Shell, Texaco, Volero are around $3.89. This was yesterday, the last time I was out. Who knows if it has goine up today???
But I use 93 octane in my vehicles. My truck because it pings on 87 and 89. My motorcycle because it had a sticker on the tank stating "minimum octane 91". 93 at Sinclair (there is only one station in all of Oklahoma City that has 93) goes for $4.29.
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DantesPeak
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PostPosted: Sat Jul 05, 2008 3:50 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

The cost of filling up, for some, passes $100:



An S.U.V. with a 30-gallon tank would cost $123 to fill up at Saturday’s average price.


Quote:
At $100 for Tank of Gas, Some Choke on ‘Fill It’

By CHRISTOPHER MAAG
Published: July 6, 2008
With gasoline prices high and rising, a new financial milestone has arrived: the $100 tank of gas.

Bryan Carisone, a heating and air-conditioning contractor in Raritan, N.J., “absolutely loves” his new GMC Denali XL, an extra-large sport utility vehicle with televisions built into the leather seats. But in June, one week after he bought it, he pulled into a station on a near-empty tank and watched the total climb higher and higher — to $109.

“It just about killed me,” Mr. Carisone said.

For decades, the $100 barrel stood as a hypothetical outlier in doom-and-gloom conversations about future oil prices. And nobody could even imagine an American family paying $100 to fill the tank.

But the future is here. Oil passed $100 a barrel in January and now seems headed toward $150 a barrel. Gasoline prices surpassed $4 a gallon on June 8, stalled for a while, and have been rising again in recent days, setting a record Saturday.


NY Times
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Forney2008
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Joined: Apr 16, 2008
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Location: Western PA, USA

PostPosted: Sat Jul 05, 2008 8:23 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Quote:
Families that were accustomed to the convenience of sport utility vehicles are having to cut back as well. Colleen Hammond of Chagrin Falls, Ohio, loves packing her three kids and all their soccer gear into her 2000 GMC Yukon XL. But she hates paying $160 to fill the 38.5-gallon tank. Last month, she parked the Yukon in her driveway and borrowed her friend’s Toyota Land Cruiser.

“I don’t know if it gets better gas mileage, but I like her car because it costs $100 to fill it,” said Ms. Hammond, 40. “I think $100 for a tank of gas is cheap now.”


This lady must be dumb as a door nob to assume that because it costs only $100 to fill the car, it must be better and cheaper, not realizing that the car that she borrowed probably doesn't hold as many gallons. Rolling Eyes


Quote:
Mark R. Price, founder of the Illiana Hummer Club in the Chicago area, owns three Hummer H1s, which get about eight miles per gallon. “A lot of our members won’t travel 70 miles just to support a parade anymore,” Mr. Price said. “People wait for something a little closer.”


Ok, this just bugs me. If you can afford such a pricey car, you can definately afford the gas. Or is that what America has become for these bozos;living beyond their means. That good old credit crash that is happening should solve that problem quick. Twisted Evil
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Hogan
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Joined: Oct 25, 2004
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PostPosted: Sat Jul 05, 2008 8:38 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Forney2008 wrote:
Ok, this just bugs me. If you can afford such a pricey car, you can definately afford the gas. Or is that what America has become for these bozos;living beyond their means. That good old credit crash that is happening should solve that problem quick. Twisted Evil


I don't want to go off topic in this thread, but I will say this: Most Americans have been surviving on borrowed money for quite a while now (bank loans, credit cards, home equity atm-style mortgages, etc). Just because they drive a nice car or live in a big house doesn't mean they can afford it. Chances are, they can't. 5shocking
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Last edited by Hogan on Sat Jul 05, 2008 8:44 pm; edited 2 times in total
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Hogan
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PostPosted: Sat Jul 05, 2008 8:40 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Ok, now back on topic:

Gas prices hit another high for holiday weekend

Quote:
Fireworks aren't the only thing skyrocketing on this Fourth of July. The price of gas has hit another all-time high.

The AAA fuel-gauge report puts the national average price of a gallon of regular at a fraction over $4.10.

The price of premium as of today is $4.51.

A month ago, regular was going for $3.98 a gallon and a year ago you could gas up for $2.95 a gallon.

link
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wisconsin_cur
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PostPosted: Sat Jul 05, 2008 8:41 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Gas tank size of a Toyota Land Cruiser: 25.4 gallons

MPG 13/18

Yukon

MPG 13/18

Hey if it makes you feel better than it must be better right?

BangHead
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Ignores his desire and finds himself content.

He is complete because he does not serve himself. -Lao Tze
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frankthetank
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Location: Southwest WI

PostPosted: Sat Jul 05, 2008 8:53 pm    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

Gasoline still stuck at $3.99... Hasn't budged for weeks now. Thought it would have jumped a week ago.
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Pholostan
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Joined: Mar 02, 2008
Posts: 37
Location: Sweden

PostPosted: Sun Jul 06, 2008 5:15 am    Post subject: Re: Another Gasoline Record Add User to Ignore List Reply with quote

frankthetank wrote:
Gasoline still stuck at $3.99... Hasn't budged for weeks now. Thought it would have jumped a week ago.


The quiet before the storm. Gas has more solidly hit 14 SEK/liter here in Sweden. Many go on vacation on monday, so the gas companies scramble to make a buck (sarcasm).

14 SEK/liter would be about $8.90 a US gallon. Still cheap.
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