Bloomberg.com is reporting oil just went to 70 bucks a barrell, or 7% increase.  I'm trying to do linky now, but, my stupid explorer bar is being hinkey.

Nothing like Wall Street to exploit people's misfourtune.

I'm betting 75-80 by the end of the week.

news.yahoo.com/s/ap/20050829/ap_on_bi_ge/gas_prices;_ylt=Ats2M9URrvzHw5cJ.fxvFrx34T0D;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl

Record Gas Prices Could Keep Climbing By GARY GENTILE, AP Business Writer
33 minutes ago

LOS ANGELES - Retail gas prices hit yet another record high over the past two weeks and could go even higher before the traditional post-Labor Day driving decline ends demands pressure, according to a nationwide survey.

While gas prices usually peak in August, any major disruption to oil production facilities in the Gulf of Mexico caused by Hurricane Katrina could keep prices high even longer. The storm was heading for New Orleans Sunday with 175-mph winds and a threat of a 28-foot storm surge.

The average price for all three grades rose nearly 13 cents to $2.65 in the two weeks ending Aug. 26, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations around the country. The figures were not adjusted for inflation.

That follows an increase of nearly 20 cents in the prior three weeks. Retail gas prices as measured by the survey have risen an average of 83 cents since early January.

The price increases were similar to the hikes seen in crude oil prices over the same period.

Although consumers have complained about the record gas prices, AAA expects a 1 percent increase in the number of Americans taking road trips over the upcoming Labor Day holiday weekend.

That's not as high an increase as in previous years in large part because of higher prices and an increase in the number of school systems that resume classes before the holiday.

"This year, September demand might be a bigger falloff than usual because of the higher prices," Lundberg said Sunday.

The level of damage caused by Katrina may extend the price peak beyond Labor Day. Already, some production capacity has been idled because oil companies have evacuated personnel in the area.

"One certainly hopes this is not an Ivan-caliber hurricane that did in fact do long-term damage to U.S. production facilities in the Gulf and did contribute to tighter oil supplies," Lundberg said.

According to the survey, self-serve regular averaged $2.65 a gallon nationwide. Midgrade was pegged at $2.72, with premium-grade was at $2.82.

Among the stations included in the survey, the highest price for unleaded regular was in Chicago at $2.84. The best deal was in New Orleans at $2.45 a gallon.

Quoted: news.yahoo.com/s/ap/20050829/ap_on_bi_ge/gas_prices;_ylt=Ats2M9URrvzHw5cJ.fxvFrx34T0D;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl Record Gas Prices Could Keep Climbing By GARY GENTILE, AP Business Writer 33 minutes ago LOS ANGELES - Retail gas prices hit yet another record high over the past two weeks and could go even higher before the traditional post-Labor Day driving decline ends demands pressure, according to a nationwide survey. While gas prices usually peak in August, any major disruption to oil production facilities in the Gulf of Mexico caused by Hurricane Katrina could keep prices high even longer. The storm was heading for New Orleans Sunday with 175-mph winds and a threat of a 28-foot storm surge. The average price for all three grades rose nearly 13 cents to $2.65 in the two weeks ending Aug. 26, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations around the country. The figures were not adjusted for inflation. That follows an increase of nearly 20 cents in the prior three weeks. Retail gas prices as measured by the survey have risen an average of 83 cents since early January. The price increases were similar to the hikes seen in crude oil prices over the same period. Although consumers have complained about the record gas prices, AAA expects a 1 percent increase in the number of Americans taking road trips over the upcoming Labor Day holiday weekend. That's not as high an increase as in previous years in large part because of higher prices and an increase in the number of school systems that resume classes before the holiday. "This year, September demand might be a bigger falloff than usual because of the higher prices," Lundberg said Sunday. The level of damage caused by Katrina may extend the price peak beyond Labor Day. Already, some production capacity has been idled because oil companies have evacuated personnel in the area. "One certainly hopes this is not an Ivan-caliber hurricane that did in fact do long-term damage to U.S. production facilities in the Gulf and did contribute to tighter oil supplies," Lundberg said. According to the survey, self-serve regular averaged $2.65 a gallon nationwide. Midgrade was pegged at $2.72, with premium-grade was at $2.82. Among the stations included in the survey, the highest price for unleaded regular was in Chicago at $2.84. The best deal was in New Orleans at $2.45 a gallon.

Thanks man.  

IF everyone cowboyed up and didn't buy gas for a day or even more they'd take notice I bet.

Quoted: Thanks man.

No prob bob.

Quoted: IF everyone cowboyed up and didn't buy gas for a day or even more they'd take notice I bet.

They'd notice when we all bought twice as much the next day.

IBTECDSTD

in before the econo car drivers slamming truck drivers

Quoted: IF everyone cowboyed up and didn't buy gas for a day or even more they'd take notice I bet.

It would take a week atleast of a boycott for that to work.

Already BEEN here.....  Try and keep up, m'kay



I about passed out when I saw the signs recently.    So much for the "blood for oil" jackasses.

WooHoo!!!

My cannondale goes about 15 miles per 12 ounces of gatorade...

We are over $3 in some parts of NY. I paid $3.09 for gas this morning on Long Island, most of the stations were over $3 there(Eastern L.I.).

Hmm...how can this possibly be?  The good folks on the news quoted Opec as saying supplies are plentiful, they've increased production by 1mil barrels a day.

could it be....speculation??  

Does $3/gallon gas constitute an SHTF situation?

Quoted: Does $3/gallon gas constitute an SHTF situation?

Not even close. Just think really hard before you go throwing around Molotov Cocktails.

Dusting off the motorcycle as we speak.

I hope to God I'm only paying $3 a gallon this time next month.  I'm going to bet $4 or $5.  We're just not that elastic when it comes to gasoline prices.  We've designed our society around the automobile.  It's really going to have to get expensive before demand starts going down.  

I paid $3.099/gal today in Northern CA.

At least it's not European prices around $6/gal.

$3 is certainly a tragedy, but the Eurotrash have been paying at least 2-3 times that much forever.  We'll get used to it or we'll keep bitching and end up with Jimmy POS Carter like price controls.  How bout we build some GD refineries....ANWAR.....

Fuck it! Time to trade in for a 4-banger.

Of course, gas prices spiking just in time for the Labor Day weekend.  You know the oil companies are happy about that.  I'm glad I filled up our cars last night.

Now we have to drive 500 miles to NC to visit my wife's family, and I'm trying to decide which car to take.  Is 10 more miles per gallon worth a tighter fit and not having cruise control?  Fun times.

Quoted: Quoted: Does $3/gallon gas constitute an SHTF situation? Not even close. Just think really hard before you go throwing around Molotov Cocktails.

+1 considering the high price of gasoline.

How the hell is gas getting so high?  I mean when compared to most other developed countries their gas is so high because of taxes, what is driving ours up so high so fast?

I'd say it was time to get a license plate for my Yamaha Raptor if it didnt burn $6/gal 110 Unocal

Quoted: I'd say it was time to get a license plate for my Yamaha Raptor if it didnt burn $6/gal 110 Unocal

Funny. I was thinking of plating my KTM 200EXC. If traffic is in the way, I can hop a guard rail and go cross country.

Makes me think twice before I take the F-250 anywhere. A V-10 is not your friend.....lol.

We can all blame the Democrats for the current high prices.  They will not allow new refineries, the pollution control stuff on cars reduces the gas mileage, they will not allow improvements to power plants and they do not want any increased gas/oil production.

Quoted: Dusting off the motorcycle as we speak.

man, wish i could get a bike. problem is the insurance would cost me as much as gas for my truck...

Quoted: How the hell is gas getting so high?  I mean when compared to most other developed countries their gas is so high because of taxes, what is driving ours up so high so fast?

corporate profiteering, pure and simple. every one of the big oil companies has made astronomical profits for the last few years. and this is above and beyond their operating costs...

Quoted: I'm betting 75-80 by the end of the week.

Somewhere around 80-90dpb is at the same price back in the 70's.  

I do wonder about getting my MC endorsement.   A little KLR 250 would be fine for running around on local errands.   I bet it would get better than 60ish mpg and cheap insurance.   IIRC they only cost around $1500ish.

Quoted: I do wonder about getting my MC endorsement.   A little KLR 250 would be fine for running around on local errands.   I bet it would get better than 60ish mpg and cheap insurance.   IIRC they only cost around $1500ish.

MSRP is $4,249, which makes no sense.  I could buy a hell of a lot more bike for that.  I don't think it even has electric start.  It's a shame too, because I sat on one, and it felt great.  But for just a little more, I could buy a KLR650 or a Suzuki GS500F.  Not sure if that price is close to real-world or not though.  I just can't see the KLR250 going for that much.

I damned sure wouldnt buy a new one for that.   I've seen the old honda 250 streetbikes for under $1500, I'm sure the Kawi could be found in that ballpark.

Quoted: Quoted: How the hell is gas getting so high?  I mean when compared to most other developed countries their gas is so high because of taxes, what is driving ours up so high so fast? corporate profiteering, pure and simple. every one of the big oil companies has made astronomical profits for the last few years. and this is above and beyond their operating costs...

I've gotta agree....these scumbags use any excuse to jack up the price...uh-oh hurricane, jack it up, uh-oh instability in the middle east, jack it up, uh-oh, crazy guy in charge of Venezuela, jack it up, uh-oh....Bob here farted funny, jack it up....

Its amazing you can watch them change the prices st the stations with every move upward in oil prices, yet when it come down, we get the "oh it takes a while to catch up" excuse.

Its all horseshit...yes, I know that refining capability is a problem, I know we haven't built any new ones in a long time, I understand supply and demand, but lets be honest the oil companies use every excuse they can find to jack up the prices, but are VERY slow to lower them. They ARE taking record profits, and they are laughing all the way to the bank....

Quoted: IF everyone cowboyed up and didn't buy gas drive for a day or even more they'd take notice I bet.

Quoted: They will not allow new refineries, the pollution control stuff on cars reduces the gas mileage,

I'm sorry, but you do not know shit from shinola.  15 years ago, my truck would be lucky to break 10 mpg in town and 15 on the highway.

My SS Silverado barely gets 10 mpg.  POS

My 99 V10 F350 4x4 long bed super cab get's the same 13mpg that my 92 F150 standard cab 4x4 with 5 speed got.    I'm sure that's a huge improvement over a 92 F350 4x4 SC

87 octain has went from $2.70 to $2.98 in the last 4 days here.

Quoted: IF everyone cowboyed up and didn't buy gas for a day or even more they'd take notice I bet.

Doubtful...   Snopes rebuttal

Also, try this site for cheaper gas...    Gasbuddy