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Post by chadgumbo on Aug 11, 2005 16:35:00 GMT -5
In the past 3 weeks gas prices have gone from $2.06 to $2.26 to $2.38 (2 days ago) to $2.48 at Kwik Trip and $2.56 at Super America today. As fast as it's going up I thought it might be interesting to start a thread to track the speed with which prices are rising and also thought it would be interesting to know what prices are where all the other feat fans live. Can only imagine what it must cost to fill the big red tomato these days - chadgumbo
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BillL
Full Member
RIGHT ON !!!!
Posts: 172
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Post by BillL on Aug 11, 2005 18:36:49 GMT -5
Around here in Rhode Island it's about 2.39 to 2.49 and has been for about 2 weeks (for regular unleaded). I also think (and I certainly could be wrong) that around September or so the price will drop back down to about 2.20 or so. They always like to stuff their pockets towards the end of the summer.
Bill L
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Post by Tipi on Aug 11, 2005 19:22:36 GMT -5
Hi guys, gas hit 66 bucks a barrel today. I have heard it suggested (by money pundits) that it could go as high as 75 before it comes down.
BTW- exxon-mobile is up too ... hmmm.
T
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Post by farmboy on Aug 12, 2005 9:43:53 GMT -5
Three weeks ago, here in southern Virginia, we were moaning about regular selling for $1.99!! We didn't realize how fortunate we were apparently....now we're struggling with $2.35. That means that my 2-1/2 hour trip to Charlottesville tomorrow will cost me more than ever.....but I'm going to see Da Feat, so it's still more than worth it!!! ;D
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Post by Mike on Aug 12, 2005 10:35:35 GMT -5
For my job I average around 400 miles a week traveling. Even tho the gas is expensed to my company, it is costly with us having to look at price increases for our product based on fuel cost. So...what I find interesting to track is the reasons "they" give for the steady increases. Some of this is back on page 11 of "Let's talk some politics..." 1) From the moment Hurricane Dennis began to develop in the Caribbean the national average of a gallon jumped $.06 because there might be the "possibility" of a shortage. 2) Even tho he has been inactive for 14 yrs when King Fahd of Saudi died the price spiked. 3) Operations have been disrupted at several major refineries, but they don't say why. 4) The US Weather Service has predicted up to 11 hurricanes this season. 5) "Crude oil is being used to refine distillates for home heating oil supplies to be used in the Northeast this winter" noted Ken Miller an analyst with Purvin & Gertz, an energy consulting firm based in Houston. Hasn't it always gotten cold in the NE during the winter? And haven't they always refined home heating fuel from crude for that cause? Wouldn't it be sweet (for most of us anyway) if Ray-Gun hadn't killed all of President Carter's research programs for alternate energy sources with a goal of no dependence on foreign oil within 10 yrs. Did anyone watch "Oil Storm" a while back on Fox (duh!!!) with the happy ending being that oil prices had settled back down to $5 a gallon. I leave you with this thought: www.biodeisel.com
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Post by Scott Hays on Aug 12, 2005 11:41:05 GMT -5
We're at $2.56 for unleaded regular in southeast Portland (Oregon), up $.12 in two weeks. I hate to think what the price of a gallon is in the San Francisco Bay Area right now ... always the highest price in the land (except for this one little gas station way down at the southern edge of Big Sur, where it has already surpassed $3.00 a gallon).
Let's face it ... the top secret meetings chaired by Dick Cheney to formulate this nation's "new" energy policies, and which mostly got signed into law last week, were not designed to reduce dependence on petroleum, let alone dependence on foreign sources of petroleum. Nor is anyone going to pay any heed to human-caused elements of global warming until such time as a crisis erupts, by which time it will be too late. No one in this country is going to give up a summer vacation, air-conditioning their home, refrigerating their food (in increasingly massive ... but more "efficient" ... state-of-the-art designer reefers), fertilizing their garden with synthetic fertilizers or any of the other "labor-saving", modern conveniences with which we have become so inured. Sacrifice is for someone else to make, and why make it when the living so easy (fish are jumping and the cotton is high ... who cares if they have legs or can't produce seeds).
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Post by Mike on Aug 12, 2005 13:30:22 GMT -5
Let's face it ... the top secret meetings chaired by Dick Cheney to formulate this nation's "new" energy policies, and which mostly got signed into law last week, were not designed to reduce dependence on petroleum, let alone dependence on foreign sources of petroleum. Yep, when it was learned that Ken Lay (of Enron fame in case you've been away from the earth for a while) was one of that closed door panel of thugs, I knew we were in for some sort of screwing. This administration is actually becoming amazingly predictable. Let me look into my crystal ball here...yeah, if you ain't "connected" you're gonna suffer.
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Post by farmboy on Aug 12, 2005 13:56:33 GMT -5
To put this issue into Feat Fan perspective....I just went to the gas station with my relatively fuel efficient car and filled my nearly empty tank for the trip to Charlottesville, VA tomorrow to see Little Feat. I'll need another half tank to complete the trip back home. Total gas cost will be about $65.00.....Total cost for my two Little Feat tickets....$48.00!!
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Post by chadgumbo on Aug 16, 2005 8:45:00 GMT -5
The three major gasoline chains in this town are Kwik-Trip, Super America, and bp (bp bought all the AMOCO stations in Rochester). Everybody was trying to keep it under $2.50, but with oil at $66- a barrel they all went to $2.55- today. Little Feat is in Davenport, Iowa on Saturday night. That's 250 miles from here. The gas is going to be more than the tickets. If I go it'll be a solo trip, as my youngest son is having his wisdom teeth out on Friday. Chris will need to watch him Saturday night, and if he's really feeling poorly I'll probably just stay home myself. I think I read somewhere that Shred has made the journey all the way from the west coast. So if I do go, I'll be keeping an eye out for him Keeping my fingers crossed - chadgumbo
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henry
New Member
Posts: 10
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Post by henry on Aug 17, 2005 17:07:55 GMT -5
I read a good article in our local/national news today illustrating just how CHEAP gas is today, by comparison to other high price eras. Check out the Globe and Mail at this tinyurl: tinyurl.com/9cvxmSeems that as long as we have reason to fear for the supply there will always be a premium paid. Regular unleaded is hovering around $1.00 ...per liter. That's $3.78 a gallon, folks! Of course, as the article points out, 1/3 of that is taxes. I'm so glad the Canadian government posted another multi-billion dollar surplus, maybe they'll see that we are just overtaxed. 2 cents C from Toronto. Hoys to all Henry
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Post by Mike on Aug 17, 2005 21:22:10 GMT -5
Thanks Henry. Good read!
"We have fear of a supply crisis. We don't have a supply crisis."
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Post by chadgumbo on Sept 22, 2005 15:42:37 GMT -5
When Katrina hit the delta a few weeks ago, prices soared to just over $3.00 per gallon. Slowly, but steadily, the prices drifted down to a low of $2.44, where it remained for about the last four days or so. But Hurricane Rita heading for Houston was all they needed to hear, and today gas jumped 26 cents in a single day to $2.70. Here we again everybody.
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Post by Scott Hays on Sept 23, 2005 8:02:18 GMT -5
Even as eight governors and several senators call for an investigation into the recent gasoline price spikes, the price of refined gasoline, diesel, natural gas, plastics and everything else arising from the refining of petroleum is taking off, again. These elected officials call for such hearnings not because crude production has finally failed to match consumption (which is a very real problem, kiddies, that is just around the corner and from which there will be no respite or escape), and not because there are legitimate shortages of production caused by disruption in the Gulf Coast (though what is being disrupted NOW is still three months from the marketplace ... as they say in the business, bets are being hedged). No, they call for the hearings because ... once again ... these unpalatable price spikes are associated with hideous profit margins.
This is not the first time, ladies and gentlemen, that the three remaining major oil companies were recording record profit margins while the price of their product skyrocketed.
Sort of reminds me of the hideous profit margins being generated (pun intended) by the wholesale distributors of unregulated electricity in California back in 2000. Did they care that they basically bankrupted an entire STATE?
No.
Has their profiteering at the expense of most of the people in one of the largest states in this country (all but those to whom money is no object and who can afford to buy ... the best houses in the best places, the best cars to transport them to and from the best places, the cleanest water, the best health care, etc.) ... cleverly obtained under protection of a law written by their lobbyists for pandering elected officials on the take ... gone unpunished?
Yes.
Oh, there have been slaps on the wrist. Oh, there have been fines. But the cost to the state of California, and to the individual people who live in the state, has never been repaid.
Don't count on the oil companies being forced to repay anything, let alone pay any kind of penalty, even if they are found "guilty". Look at the tobacco companies, and what their cost is going to be for systematically lying to the American people for 30 years about an addictive, cancer-causing drug they were allowed -- ah, shucks, enouraged -- to sell and advertise by the very government that subsidized the growing and non-growing of tobacco. Remember ... it was Bill Clinton's FERC (Federal Energy Regulatory Commission) that refused to help California out and place an emergency price cap on the cost of electricity; and it was FERC (though by then Shrub's FERC, and he had an interest in "getting even" with California) that found no manipulation of the electricity market and has since had to change its position.
I might also point out, though I am starting to deviate from my main point -- the city of Portland (Oregon) has been trying to purchase Portland Gas & Energy (yes, I move away from California and find myself being served by yet another "PGE") and make it a publicly run utility. PGE was in bankruptcy, and negotiations with the parent company were moving right along, until the parent company decided to arbitrarily break off negotiations. It turns out that the parent company had insider information (you know, sort of like Senator Bill Frist had insider information about the status of his dad's HCA?) that someone else was interested in purchasing the company, though not in a position to do so at the moment. So now, while the city and the state are trying desperately to get PGE and its parent company to at least rebate the excess taxes that they have billing customers for but haven't had to pay (because of their bankruptcy), it is looking like some other nasty private corporation is laying in the wings just waiting to bust out of whatever legal status IT is in in order to gobble up the local provider of electrical power.
Oh ... some of you out there might recognize the name of the parent company in all of this. Enron.
Anyway, gas in Oregon City yesterday was $2.69 for regular. Today, the local news channels are predicting gas to $3 or maybe even $4 a gallon by the end of next week. We'll see!
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Post by Mike on Sept 25, 2005 0:51:05 GMT -5
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Post by chadgumbo on Oct 26, 2005 20:46:16 GMT -5
Prices have remained stubborn in Rochester for the past two to three weeks, and a gallon of gas is running at $2.36. But in the Twin Cities the prices have steadily dropped. Just south of the most southern suburb of Minneapolis/St. Paul (at least on Hwy 52), a gas station showed their price to be $2.20 when I went by there yesterday.
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