Rising fuel prices...

[fivestring]

I don't know about the rest of the country, but down here in NC the fuel prices have risen almost 15 cents a gallon in the last week. /forums/images/graemlins/mad.gif
While I was getting non-road use diesel (now at 139.9) I asked the station owner. His response was, "We were told by our suppliers that the sharp increase is due to the blackout up north". /forums/images/graemlins/blush.gif He said they always have good excuses for price spikes. /forums/images/graemlins/grin.gif
Now for my thoughts on the matter.....
In New York alone, more people walked than drove on streets with no power to operate signal lights. This saved fuel.
Without power at the stations, fuel could not be pumped.
Since fuel could not be pumped, there should have been a surplus that couldn't be pumped without power.
Due to said surplus, fuel prices should have come down to move the product to make way for fresh.
When power was restored, fuel prices should have dropped back to pre-blackout prices.

Anyone else notice the fuel price increase???
Did Canada and Mexico have similar increases since they are part of NAFTA????
Why haven't fuel prices dropped???
/forums/images/graemlins/confused.gif /forums/images/graemlins/confused.gif /forums/images/graemlins/confused.gif /forums/images/graemlins/confused.gif /forums/images/graemlins/confused.gif

 

[Bird]

I haven't paid much attention to diesel prices lately, but gasoline prices have gradually risen about a dime a gallon in the past 3 weeks in this area. The Dallas Morning News has a story this morning that's basically saying prices are going to continue to go up. Regular gas is now about $1.499 to $1.569 in the area and the newspaper article mentions the possibility of $2.00. /forums/images/graemlins/frown.gif

 

[Hambone]

Wholesale fuel prices per gallon when purchasing 7500 gallon;
8/13 1.3002
8/14 1.2702
8/15 1.2792
8/18 1.3027
8/19 1.2702
8/20 1.2702
8/21 1.2807
8/22 1.3057

Prices include federal and state taxes

 

[Knute]

</font><font color="blue" class="small">( Regular gas is now about $1.499 to $1.569 in the area and the newspaper article mentions the possibility of $2.00. /forums/images/graemlins/frown.gif )</font>

It's already hit over $2.00 a gallon at some stations around here for regular unleaded. I haven't seen a station down below $1.60 for weeks.

John

 

[cowboydoc]

It's going up here. Luckily I just got all my barrels filled.

 

[pruntyc]

I heard this morning, that it will probably set a new record high, before its over. I really don't think there is a good reason, its just they want us to pay more, and I don't see that we can do much about it.

 

[shady1701]

I usualy get 20 gallons every 2-3 weeks since i drive a vw diesel and usualy 5 gallons of that is for the tractor but it's went up to about 1.39 while regular gas is at ~1.50 something.

I figure it's about the iraq's oil line busting being down for a week and fear of possible failure of power. One thing to note on the fuel question up north there are some major refinery's up in pa and around in there if they were shut down it's untelling how long it took to get them back up.. Not sure if they make any fuel for down in this area but they may of needed to get some shipped in from down south to replace what they would of made during that day and people buying like 20-30 gallons extra for generators and etc..

 

[gsxr1100]

well boys, here in Western Mass they are now 1.71, 1.81 and $1.91 for low test, med and high. They have gone up about $0.15 in (1) week. Crooks I tell you....

Diesel is $1.64 per gallon..

 

[jwstewar]

Regular unleaded is now $1.799 most places. Diesel is anywhere between $1.46 and $1.69. Wasn't but 2 or 3 weeks ago I was complaining about $1.399. Sures hurts the wallet when I drive 120 miles round trip to work 4 days a week and the wife is doing 130 - 140 miles round trip to school 3 days a week which means I have to drive the truck to work 2 days a week. Sure makes me careful now when filling the lawnmower, chainsaw, tractor or whatever now.

 

[DKinWA]

Knute-

I'm in Elma and the day before yesterday I paid $1.999 for mid grade because they were out of regular. I wouldn't be surprised if it over $2.00 today because I need to fill up again /forums/images/graemlins/crazy.gif