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9/22/2017 12:11:25 AM
Posted: 9/23/2005 5:10:49 AM EDT
Hey what’s up everyone? Well I was thinking on my way home from work this morning about gas prices and the Hurricane Rita. Do you think gas prices will go up cause of the storm, or continue to go down? I few weeks ago it was about $3.30 for regular now I’m paying $2.70 at some places. I hope it won’t reach $4.00 a gallon of gas! Anyway let me know what think.



From,
Joe....
Link Posted: 9/23/2005 5:14:03 AM EDT
$2.74 this AM in the Littleton NH area...............filled up the Jeep and hope they dont gouge us too much!!!
Link Posted: 9/23/2005 5:21:40 AM EDT
$2.59 from Victoria TX all the way up to DFW on Thursday the 22nd.
Link Posted: 9/23/2005 5:29:41 AM EDT
Well gas prices took a jump over night in Carrollton, just north of Dallas, last night $2.77, this morning $2.99. hinking.gif
Link Posted: 9/23/2005 5:34:32 AM EDT
Ya I would say thats a jump. Don't they have to wait a certain amount of time before they can raise there prices. Or is that only for certain gas stations. I mean here in Jersey the gas stations that are on highways have to wait a week before they can raise or lower there prices.


From,
Joe....
Link Posted: 9/23/2005 5:37:01 AM EDT
Link Posted: 9/23/2005 5:39:31 AM EDT

Originally Posted By twl:
It will just be more of the usual price gouging by the oil companies.
The gas that is in the tanks at the gas stations is already in the distribution pipeline, and the hurricanes had no effect on it whatsoever, except to allow huge price increases for no reason.

You know, when somebody goes to a hurricane site and tries to sell a power generator for double what it cost him, the police arrest him for gouging.

When the oil companies do basically the same thing on a nationwide scale, nobody makes a peep about it.



Link Posted: 9/23/2005 5:45:04 AM EDT
[Last Edit: 9/23/2005 5:53:32 AM EDT by twl]
Link Posted: 9/23/2005 5:47:49 AM EDT
I hate to say it but, I think we will see gas leaning toward $5 a gallon in a week or so if we can even get it in some areas of the Country. I hope I am wrong.

If this storm wrecks the plants in Lake Charles I can almost guarntee it. I use to live in Westlake, LA it is right next to Lake Charles. There is a huge Conoco plant there that I was told supplies a major amount of the Diesel/Jet Fuel for the south east USA. All I can say is we all need to hold on to our wallets because it is going to be a serious problem for the short term if all of this comes together. I hope the Casinos survive in Lake Charles, besides the Chem Plants that is about the only place left to work down there worth a damn since the Aerospace industry(Northrop Grumman) tanked there this year.
Link Posted: 9/23/2005 5:56:37 AM EDT

Originally Posted By twl:
I guess you never lived in FL.
Even on the national news during some of the previous hurricanes, it was shown on TV that police were arresting people "profiteering" on selling generators to the victims at "higher than retail prices".

Perhaps a little education before you raise the BS flag.
Ignorance is no excuse.



It isn't just that. It is all the other idiotic tripe that you stated that I felt the need to hoist the BS flag.

I am willing to bet that NONE of the very few people arrested were even charged or found guilty, and that 99% of the arrests you "saw" were for political showmanship.

If I buy a generator in IL and truck it down to a disaster area along the coast, It would cost you a bit more than if you had bought one 2 weeks earlier. Duh.

It is your ignorance about economics that is astounding.
Link Posted: 9/23/2005 6:06:58 AM EDT
Gas prices went up .20 overnight in my area. Rumor is it will be $4.00 by next week In the mean time my gas tank is full and will stay that way.
Link Posted: 9/23/2005 6:11:24 AM EDT
Interestingly, gas here went up $.20/gal to $2.76 yesterday afternoon, then went right back down to $2.56 this morning.
Link Posted: 9/23/2005 6:13:00 AM EDT
Oh, it's gonna go up, the question is whether it's only a ONE dollar increase per gallon, or two. Maybe not everywhere, but you can count on it.
Link Posted: 9/23/2005 6:14:59 AM EDT


...an "unconscionable price" for their wares during an emergency. The attorney general is responsible for deciding what constitutes an unconscionable price, using prices over 30 days prior to the crisis as a barometer of what's fair market value.





Swell. I don't know why I continue to think (and argue) that we
live in a free market economy. Garandman is right: we are no
less socialistic than the EU.
Link Posted: 9/23/2005 6:16:46 AM EDT

Originally Posted By TheCynic:


...an "unconscionable price" for their wares during an emergency. The attorney general is responsible for deciding what constitutes an unconscionable price, using prices over 30 days prior to the crisis as a barometer of what's fair market value.





Swell. I don't know why I continue to think (and argue) that we
live in a free market economy. Garandman is right: we are no
less socialistic than the EU.



+1
Link Posted: 9/23/2005 6:54:18 AM EDT
[Last Edit: 9/23/2005 7:07:18 AM EDT by twl]
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