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Posted: 1/27/2015 9:50:48 AM EDT
[#1]
Obama.
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Posted: 1/27/2015 9:52:45 AM EDT
[#2]
Someone sneezed in the middle east.
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Posted: 1/27/2015 9:54:17 AM EDT
[#3]
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Posted: 1/27/2015 10:04:58 AM EDT
[#4]
Local guys trying to make money off the Atex gas line explosion? Local market conditions? Etc.
ETA parody thread. |
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Posted: 1/27/2015 10:06:13 AM EDT
[#5]
Snowmageddon
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Posted: 1/27/2015 10:06:52 AM EDT
[#6]
Greed
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Posted: 1/27/2015 10:08:49 AM EDT
[#7]
Quoted: What caused this gas price jump? Yesterday gas went from 1.75 to 2.05 and than rose another 10 cents last night, winter storm? Things that impact pipeline price are pipeline utilization and refinery price. One more impact on retail price is trucking.
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Posted: 1/27/2015 10:15:14 AM EDT
[#8]
Florida isn't having this storm, and gas went from 1.95 to 2.04 yesterday here.
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Posted: 1/27/2015 10:19:54 AM EDT
[#9]
Didn't think it would've lasted this long.
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Posted: 1/27/2015 10:20:15 AM EDT
[#10]
Quote HistoryQuoted: Snowmageddon |
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Posted: 1/27/2015 10:20:59 AM EDT
[#11]
This time if it goes back up it's going to go nice and high. So many small producers and shale companies already got outed... when prices increase and supply dwindles, it's going to be real interesting to watch.
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Posted: 1/27/2015 10:21:27 AM EDT
[#12]
Snow and what not. Salad days are over....
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Posted: 1/27/2015 10:21:50 AM EDT
[#13]
Didn't one of the OPEC asshole say that the bottom had been reached?
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Posted: 1/27/2015 10:22:10 AM EDT
[#14]
I heard on the local news that gas price fluxuations (at least locally) are being blamed on a BP refinery that is having problems with production.
But I think we all know the real reason. |
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Posted: 1/27/2015 10:23:32 AM EDT
[#15]
Quote HistoryQuoted: I heard on the local news that gas price fluxuations (at least localy) are being blamed on a BP refinery that is having problems with production. But I think we all know the real reason.  |
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Posted: 1/27/2015 10:24:20 AM EDT
[#16]
Quote HistoryQuoted:
Didn't one of the OPEC asshole say that the bottom had been reached? Yep. I bet it's a dead cat bounce though. |
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Posted: 1/27/2015 10:30:24 AM EDT
[#17]
The way it works here now. Today the price went up 40 cents to 215. Over the next two weeks it will go down 2-3cents a day til it reaches 175 , then jack it back up to 215.
This is the fourth ti.e it has happened. Its a complete joke and has nothing to do with anything |
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Posted: 1/27/2015 10:47:25 AM EDT
[#18]
Yes, either the global oil market is more complicated than you're willing to take the time to understand or, alternatively, it's all based on absolutely nothing.
I love this place. 
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Posted: 1/27/2015 10:48:23 AM EDT
[#19]
Up $0.06 here.
WTI is down to $45.15 |
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Posted: 1/27/2015 10:53:50 AM EDT
[#20]
west texas intermediate is down $9/bbl over the last month. that should more than compensate for any local production issues that may raise prices
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Posted: 1/27/2015 10:57:20 AM EDT
[#21]
Quote HistoryQuoted:
Yes, either the global oil market is more complicated than you're willing to take the time to understand or, alternatively, it's all based on absolutely nothing. I love this place. Not nothing, dude. It's based on they. In other news, RBOB futures sit at $1.30, which is basically the low of this slump. WTI at $45.46, pretty close to the low. |
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Posted: 1/27/2015 10:58:48 AM EDT
[#22]
Opportunistic capitalist pigs.
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Posted: 1/27/2015 11:11:11 AM EDT
[#23]
Probably has something to do with this guy:
OPEC’s El-Badri: $200 Oil Possible If There's Lack of Investment “If you don’t invest in oil and gas, you will see more than $200,” Abdalla El-Badri said in an interview in London on Monday, without giving a timeframe. West Texas Intermediate, the U.S. crude benchmark, erased a decline of as much as 2.7 percent following his comments. |
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Posted: 1/27/2015 11:12:49 AM EDT
[#24]
Quote HistoryQuoted:
Fuels are transported for most of the distance through pipelines. The end of the pipeline or terminal has a bit of fixed storage. If the inventory there is increasing, prices will fall. When the inventory falls faster than it can be replaced, prices rise. Things that impact pipeline price are pipeline utilization and refinery price. One more impact on retail price is trucking. Quote HistoryQuoted:
Quoted:
What caused this gas price jump? Yesterday gas went from 1.75 to 2.05 and than rose another 10 cents last night, winter storm? Things that impact pipeline price are pipeline utilization and refinery price. One more impact on retail price is trucking. Folks are headed out towards North Dakota in droves apparently to work on the pipelines and storage. My cousin just left for there and will be there for a couple of years apparently |
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Posted: 1/27/2015 11:14:49 AM EDT
[#25]
oil is still under $50/bbl
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Posted: 1/27/2015 11:28:00 AM EDT
[#26]
Really does not matter, they charge us what they want and we pay it because we have to get to work to make a living (making other people and the gov rich) .
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Posted: 1/27/2015 11:29:34 AM EDT
[#27]
Warren Buffet probably had to fill up one of his limo's and made a comment about it.
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Posted: 1/27/2015 12:57:58 PM EDT
[#28]
Quote HistoryQuoted: Folks are headed out towards North Dakota in droves apparently to work on the pipelines and storage. My cousin just left for there and will be there for a couple of years apparently Quote HistoryQuoted: Quoted: Quoted: What caused this gas price jump? Yesterday gas went from 1.75 to 2.05 and than rose another 10 cents last night, winter storm? Things that impact pipeline price are pipeline utilization and refinery price. One more impact on retail price is trucking. Folks are headed out towards North Dakota in droves apparently to work on the pipelines and storage. My cousin just left for there and will be there for a couple of years apparently |
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Posted: 1/27/2015 1:01:33 PM EDT
[#29]
Quote HistoryQuoted:
Really does not matter, they charge us what they want and we pay it because we have to get to work to make a living (making other people and the gov rich) . Isn't that the truth! 
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Posted: 1/27/2015 1:06:35 PM EDT
[#30]
It dropped another three cents here. Yesterday it was $1.98, now it's $1.95.
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Posted: 1/27/2015 1:54:04 PM EDT
[#31]
Quote HistoryQuoted:
Evil oil companies found out certain grown men have excess money they spend on toys and shows intended for little girls Quote HistoryQuoted:
Quoted:
I heard on the local news that gas price fluxuations (at least localy) are being blamed on a BP refinery that is having problems with production. But I think we all know the real reason. What if i told you...I've never bought any of the show merch. I mean, you probly wouldnt believe me, but i liked it as a cartoon..but then again, I've enjoyed most of Lauren fausts cartoons. Back on topic: I didnt hear about the pipeline explosion, i just figured it was snowmaggedon causing it or something else to have such a drastic jump in 2 days. |
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Posted: 1/27/2015 1:56:03 PM EDT
[#32]
Anadarko getting threatened with a suit for $1 billion for oil spillage????
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Posted: 1/27/2015 3:04:10 PM EDT
[#33]
2.15 around here today, in a couple days it might me a 1.75 again.
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Posted: 1/27/2015 6:46:11 PM EDT
[#34]
Pelosi get her new tax?
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Posted: 1/27/2015 6:55:04 PM EDT
[#35]
Quote HistoryQuoted:
Isn't that the truth! Quote HistoryQuoted:
Quoted:
Really does not matter, they charge us what they want and we pay it because we have to get to work to make a living (making other people and the gov rich) . Isn't that the truth! Yes, absolutely. They WANT to charge you 1.75 for something you were paying 3.58 a gallon for 6 months ago. They just have nice feels this quarter. Oil is a commodity. It has a value. Folks pump it, refine it, and then they sell it. Other entities around the world do the same in a competitive manner. Tariffs, taxes, technology, politics, weather, surpluses and seasons all have an effect on gas prices...and the degrees of each of those effects are complicated and interrelated. Are you following me so far? |
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Posted: 1/27/2015 7:06:20 PM EDT
[#36]
Oh noes, the neckbeards have found oil selling now!
Kidding but I did hear on the news that oil prices were going back up, and gas prices too in the near future. |
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Posted: 1/27/2015 7:08:37 PM EDT
[#37]
Down .02 here.
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Posted: 1/27/2015 7:11:34 PM EDT
[#38]
Quote HistoryQuoted:
Florida isn't having this storm, and gas went from 1.95 to 2.04 yesterday here. No storm here either and we went from $1.69 to $2.19 while I was at work... |
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Posted: 1/27/2015 7:14:38 PM EDT
[#39]
our costco was still at $1.78 today, while all others was $2.15
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Posted: 1/27/2015 7:15:01 PM EDT
[#40]
So can we blame that Kenyan tyrant now?
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Posted: 1/27/2015 7:15:48 PM EDT
[#41]
Fuel oil prices went up 14 cents since saturday here.
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Posted: 1/27/2015 7:18:41 PM EDT
[#42]
Huh? I just dropped gas below $2 at the grage yesterday.
OP where in the hell in WV was gas $1.75? |
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Posted: 1/27/2015 7:18:46 PM EDT
[#43]
Sounds strange but I hope it goes back up and stabilizes at a price just high enough to get the politicians to SHUT THE FUCK UP about increasing taxes on gas.
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Posted: 1/27/2015 7:20:26 PM EDT
[#44]
still dropping here. My buddy told me it was 1.65 back in Ohio a couple days ago. That place IS gas now though lol
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Posted: 1/27/2015 7:22:03 PM EDT
[#45]
Why do gas stations by the highway jack their gas prices up?
Mobil station $2.47 for 93 by exit of highway. Another station 5 minutes into town $2.21 for 93. 
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Posted: 1/27/2015 7:25:45 PM EDT
[#46]
Quote HistoryQuoted:
Why do gas stations by the highway jack their gas prices up? because they can 
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Posted: 1/27/2015 7:27:07 PM EDT
[#47]
Well EXXI stock went up 12% today
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Posted: 1/27/2015 7:27:31 PM EDT
[#48]
The oil patch kids stomped their feet and held their breath.
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Posted: 1/27/2015 7:35:38 PM EDT
[#49]
Quote HistoryQuoted: Yes, absolutely. They WANT to charge you 1.75 for something you were paying 3.58 a gallon for 6 months ago. They just have nice feels this quarter. Oil is a commodity. It has a value. Folks pump it, refine it, and then they sell it. Other entities around the world do the same in a competitive manner. Tariffs, taxes, technology, politics, weather, surpluses and seasons all have an effect on gas prices...and the degrees of each of those effects are complicated and interrelated. Are you following me so far? Quote HistoryQuoted: Quoted: Quoted: Really does not matter, they charge us what they want and we pay it because we have to get to work to make a living (making other people and the gov rich) . Isn't that the truth! Yes, absolutely. They WANT to charge you 1.75 for something you were paying 3.58 a gallon for 6 months ago. They just have nice feels this quarter. Oil is a commodity. It has a value. Folks pump it, refine it, and then they sell it. Other entities around the world do the same in a competitive manner. Tariffs, taxes, technology, politics, weather, surpluses and seasons all have an effect on gas prices...and the degrees of each of those effects are complicated and interrelated. Are you following me so far? You're kiddin', right? This is GD. Everybody knows that Obummer sets the price of gasoline and those billionaire oil companies dance with glee as Americans are bilked out of their hard earned duckets. Look at their revenues...never mind the amount of product they sell...or that the price is cheaper than bottled water. Having the governments of all the states on the eastern seaboard declare the end of the world might have made the retailers think they might have to wait on resupply. Less availability commands higher prices. They'll drop back down tomorrow. Hell, WTI is at $46.23 and has been around $45.00 for the past couple days.  |
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