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Posted: 8/30/2005 9:19:22 AM EDT
Locally (Summerville, SC) gas prices jumped +$.30/gal today.
Link Posted: 8/30/2005 9:20:31 AM EDT
I filled up both my trucks yesterday
Link Posted: 8/30/2005 9:21:03 AM EDT
Still the same here in VA
Link Posted: 8/30/2005 9:22:38 AM EDT
Prices here have jumped $.25/gal since I got to work this morning. Currently at $2.85/gal. I filled up all of my vehicles yesterday.
Link Posted: 8/30/2005 9:23:41 AM EDT
It jumped up to $2.89 today..
Link Posted: 8/30/2005 9:25:33 AM EDT

Originally Posted By Fat_McNasty:
It jumped up to $2.89 today..



Down here in OR its still $2.71
Link Posted: 8/30/2005 9:26:24 AM EDT
oil production will be cut back in lousiana... but they dont know the extent of the damage yet... gas prices will rise, but they should fall back soon b/c its jsut a wall street scare...the storm was predicted to do much more damage to the oil business out there than it did...i think
Link Posted: 8/30/2005 9:28:32 AM EDT
Gassed up the Prius on Sunday. I'm good for about 600 miles.

Not that I am happy about buying gas again in a couple weeks...
Link Posted: 8/30/2005 9:29:45 AM EDT
This morning they said there are 300+ platforms in the Gulf that are not producing.

Also, on the news they said 1/3 of our oil imports come in through the port of N.O.

I wonder how long it would take me to get to work on a horse?

Some days I envy the Amish.
Link Posted: 8/30/2005 9:30:52 AM EDT
This is not good.
CH
Link Posted: 8/30/2005 9:32:18 AM EDT
Topped the truck off this AM on the way in to work at $2.75.9 (the fractional cent always drives me nuts)... but filling up again next week is prolly gonna suck.

I'm debating tapping my own strategic generator gas supply soon. I'm about due for a rotation of the stock anyway but I'd rather not do it 'til gas is cheaper. Hopefully after Labor Day it'll go down or at least stabilize.
Link Posted: 8/30/2005 9:33:19 AM EDT
Filled up the car yesterday and hedged with 10 gallons in gas cans. Gotta take a day trip this weekend so I'm hoping that any Labor Day spike will be back to normal next week.
Link Posted: 8/30/2005 9:34:21 AM EDT

Originally Posted By Brohawk:
This morning they said there are 300+ platforms in the Gulf that are not producing.

Also, on the news they said 1/3 of our oil imports come in through the port of N.O.

I wonder how long it would take me to get to work on a horse?

Some days I envy the Amish.



The way I read the reports about those platforms is that they aren't producing because they intentionally shut them down in anticipation of the coming storm, not that they were all damaged and taken out of service as a result of storm damage.

If that's true, then hopefully any shortage we see from the gulf, and increase in gas prices will only be temporary (ha! yeah right!), until they can get the oil rigs turned on again.
Link Posted: 8/30/2005 9:35:42 AM EDT
It went from $2.50 on Sunday to $2.80 here today
Link Posted: 8/30/2005 9:36:06 AM EDT
[Last Edit: 8/30/2005 11:18:51 AM EDT by callgood]
BP 2.499 87 oct Monday 07:30

Same today same time- we dangle in the wind, waiting.

ChevronTexaco ^1.36%
Chesapeake (natural gas) ^3.77%
Capstone Turbine ^11.96%

Hmmmm. Will it be cheaper this winter to turn the thermostat down at home and joyride or park the car and stay home?

14:00 Hanging in there at 2.499.
Link Posted: 8/30/2005 9:36:35 AM EDT

Originally Posted By petagunner:

Originally Posted By Fat_McNasty:
It jumped up to $2.89 today..



Down here in OR its still $2.71



Remember I'm in Medford.. We are always higher here..
Link Posted: 8/30/2005 9:37:40 AM EDT
My current gasoline stocks should last me for the next two weeks, which should be enough to ride out the current spike.
Link Posted: 8/30/2005 9:39:40 AM EDT
Soon were gonna need these:





Link Posted: 8/30/2005 9:44:07 AM EDT

Originally Posted By HKgnnr:
Soon were gonna need these:

www.rat-bike.de/pics/cash-mad-max.jpg







Prolly sooner than U think.......
Link Posted: 8/30/2005 9:44:37 AM EDT
[Last Edit: 8/30/2005 9:49:41 AM EDT by shootemup]
Filled up my truck today. Cost me ~$1.85 gallon here

I'm running a 50-50 mix #2 diesel/homebrew biodiesel.

When I get out of warranty, I'll be running my truck on %100 biodiesel.

I've been heating my oil furnace on it for about a year

Cost is about $1.00/gal labor included.

ETA Diesel is still the same it was last week, $2.699/gal
Link Posted: 8/30/2005 9:46:17 AM EDT
Link Posted: 8/30/2005 9:47:23 AM EDT
2.62 here in Mckinney, TX (Dallas)
Link Posted: 8/30/2005 9:53:11 AM EDT
same here,now looking for geo metro
Link Posted: 8/30/2005 10:01:33 AM EDT

Originally Posted By Fat_McNasty:

Originally Posted By petagunner:

Originally Posted By Fat_McNasty:
It jumped up to $2.89 today..



Down here in OR its still $2.71



Remember I'm in Medford.. We are always higher here..



$2.91 here in HR
Link Posted: 8/30/2005 10:32:24 AM EDT

$2.99 here
Link Posted: 8/30/2005 10:39:35 AM EDT
Still $2.54 here.
Link Posted: 8/30/2005 10:40:14 AM EDT

Originally Posted By AssaultRifler:
I filled up both my trucks yesterday



Hope the smile lasts til the next fillup

Just paid $2.77, waiting for the big $3.00
Link Posted: 8/30/2005 10:45:15 AM EDT

Originally Posted By shootemup:
Filled up my truck today. Cost me ~$1.85 gallon here

I'm running a 50-50 mix #2 diesel/homebrew biodiesel.

When I get out of warranty, I'll be running my truck on %100 biodiesel.

I've been heating my oil furnace on it for about a year

Cost is about $1.00/gal labor included.

ETA Diesel is still the same it was last week, $2.699/gal



How's the biodiesel working for you? I know it does not require engine mods but is there any type of extra maintainence/care needed?
Link Posted: 8/30/2005 10:47:07 AM EDT
[Last Edit: 8/30/2005 10:48:51 AM EDT by Pappy1]
We jumped 14 cents yesterday morn and they are talking another 20 today......
Link Posted: 8/30/2005 11:01:22 AM EDT

Originally Posted By KAINAM-13:

Originally Posted By shootemup:
Filled up my truck today. Cost me ~$1.85 gallon here

I'm running a 50-50 mix #2 diesel/homebrew biodiesel.

When I get out of warranty, I'll be running my truck on %100 biodiesel.

I've been heating my oil furnace on it for about a year

Cost is about $1.00/gal labor included.

ETA Diesel is still the same it was last week, $2.699/gal



How's the biodiesel working for you? I know it does not require engine mods but is there any type of extra maintainence/care needed?



Fuel filters. If you have been running dino ( #2 diesel), the biodiesel has the tendency to clean the tank, lines, etc, clogging up the system.

Other than that, and the exhaust smelling like french fries is the only side effect. I love it.

Bio is better for the truck. More lubricity
Link Posted: 8/30/2005 11:14:25 AM EDT
Link Posted: 8/30/2005 11:16:26 AM EDT

Originally Posted By Bigfeet:



Bigfeet.incrementPostCount();

Link Posted: 8/30/2005 11:23:10 AM EDT

Originally Posted By petagunner:

Originally Posted By Fat_McNasty:
It jumped up to $2.89 today..



Down here in OR its still $2.71



It jumped up to $2.729 from $2.559 at 1 station in Lufkin this morning.

It is still $2.449 at one and $2.449 at another here in Nacogdoches about 20 miles from Lufkin.

BigDozer66
Link Posted: 8/30/2005 11:25:24 AM EDT
$2.44 yesterday, $2.75 today.

I heard that it may rain here today, so I guess gas is going to go up again.
Link Posted: 8/30/2005 11:26:54 AM EDT
come on $4:00/gal
Link Posted: 8/30/2005 11:27:10 AM EDT
Wow! 30¢!!! We went up 20¢/gal overnight - $2.78 to $2.98 for reg. unleaded - $2.88 to $3.08 for midgrade and $2.98 to $3.18/ premium.
Link Posted: 8/30/2005 11:31:35 AM EDT

Originally Posted By TheCynic:

Originally Posted By Bigfeet:



Bigfeet.incrementPostCount();




No just taggin it. I need one of those animated tags to use...


Bigfeet
Link Posted: 8/30/2005 12:51:20 PM EDT
It's times like this I'm glad I drive a little Ford Aspire (40 mpg)...

The gast station attendant was changing the price last night as I was filling up. $2.59 -> $2.69.
Link Posted: 8/30/2005 12:53:23 PM EDT
$3.159 this afternoon.
Link Posted: 8/30/2005 12:59:46 PM EDT
Will someone please hurry up and open a coal gasification plant, the general concensus is that they will be able to convert coal into petroleum at a cost of $35 a barrel, made no sense when oil was hovering around $10, but now....please hurry it up...

Also any news as to how bad the oil infrastructer got hit in the gulf?
Link Posted: 8/30/2005 1:02:10 PM EDT
Tagged to see if anyone saying that "price gouging" is just free trade whines about gas prices
Link Posted: 8/30/2005 1:02:54 PM EDT
Link Posted: 8/30/2005 1:03:42 PM EDT

Originally Posted By AssaultRifler:
I filled up both my trucks yesterday



I filled up my car, truck and 3 boats yesterday and today.

Expect a jump of $.25 and $.30 in the next day or so.
Link Posted: 8/30/2005 1:13:42 PM EDT
[Last Edit: 8/30/2005 1:17:13 PM EDT by Forest]

Originally Posted By cmjohnson:
Somebody tell me WHY the oil that comes out of US soil is being sold to you for the same price as the oil from Saudi Arabia and the mideast, when there's a huge difference in transportation costs?



Because that is what the market will pay. If you won't pay it there are plenty of international customers (like India, China, and Japan) that will pay the market rate. Doesn't matter where the oil comes from it's going to cost whatever the market deems.

Interesting side note. I was reading Fortune magazine yesterday while waiting for my Dr. They had an Oil analyst point out that oil is still cheaper now than it was in 1980 if you adjust for inflation. In 2005 dollars, oil was $83/barrel in 1980. The bad news, the analyst indicated oil could go as high as $115 barrel before dropping should there be a major problem with delivery due to terrorism or natural disaster (the issue of Fortune was at least a week old BTW).
Link Posted: 8/30/2005 1:22:59 PM EDT
Premium jumped from $2.81 to $2.91 here at Atlanta.
Link Posted: 8/30/2005 3:06:29 PM EDT
$2.99 in Hastings, MI.
Link Posted: 8/30/2005 3:12:30 PM EDT
Our local Chevron still has diesel for $2.39/gal I don't think they heard the news.......shhhhhhh

Too bad for me as I still have 90 gals in my truck and it's full, or I would fill up tonight again.
Link Posted: 8/30/2005 3:20:29 PM EDT

Originally Posted By macman37:
Topped the truck off this AM on the way in to work at $2.75.9 (the fractional cent always drives me nuts)... but filling up again next week is prolly gonna suck.

I'm debating tapping my own strategic generator gas supply soon. I'm about due for a rotation of the stock anyway but I'd rather not do it 'til gas is cheaper. Hopefully after Labor Day it'll go down or at least stabilize.




how long does gas typically last in storage? I thought it had a relatively short shelf life...
Link Posted: 8/30/2005 3:22:16 PM EDT

Originally Posted By Forest:

Originally Posted By cmjohnson:
Somebody tell me WHY the oil that comes out of US soil is being sold to you for the same price as the oil from Saudi Arabia and the mideast, when there's a huge difference in transportation costs?



Because that is what the market will pay. If you won't pay it there are plenty of international customers (like India, China, and Japan) that will pay the market rate. Doesn't matter where the oil comes from it's going to cost whatever the market deems.

Interesting side note. I was reading Fortune magazine yesterday while waiting for my Dr. They had an Oil analyst point out that oil is still cheaper now than it was in 1980 if you adjust for inflation. In 2005 dollars, oil was $83/barrel in 1980. The bad news, the analyst indicated oil could go as high as $115 barrel before dropping should there be a major problem with delivery due to terrorism or natural disaster (the issue of Fortune was at least a week old BTW).


The market is not deciding the price of oil, futures investors (that, as others here have pointed out, don't even take possession of the oil) have been artificially pushing prices up. All of the oil demand has been met.

The Big Oil gouging that has been going on the past few years is totally irrelevant to what happened during the Iran-Iraq war. Back then it really was supply and demand: Iran and Iraq were bombing each other's oil production facilities and even 3rd party oil tankers, so there was less supply.

Let me ask you this: why do OIL prices go up when there are gasoline refinery problems? The refinery problems would cause LESS oil demand, not more, yet the price of oil goes up. Explain that as other than pure "because we can" gouging.
Link Posted: 8/30/2005 3:27:12 PM EDT
Well, I just got home before and notice about a $.20 jump in price.

Can you say:






If I had Photshop I'd modify the text
Link Posted: 8/30/2005 3:27:43 PM EDT
Station I went by on sat was 2.44 and today in the am it was 2.65 tonight I stopped and filled up at 2.99 that is too much! thank god I swapped to a high MPG car last month.
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