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Gas prices rise $0.30 in a week and a half? wtf?

blackredyellowblackredyellow Posts: 5,889
edited March 2007 in A Moving Train
Anyone have a good reason as to why prices are soaring right now? The station by my house is $0.04 higher every time I drive by.
My whole life
was like a picture
of a sunny day
“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
― Abraham Lincoln
Post edited by Unknown User on

Comments

  • know1know1 Posts: 6,794
    blackredyellow wrote:
    Anyone have a good reason as to why prices are soaring right now? The station by my house is $0.04 higher every time I drive by.

    For goodness sake - stop driving by it! ;)
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • inmytreeinmytree Posts: 4,741
    blackredyellow wrote:
    Anyone have a good reason as to why prices are soaring right now? The station by my house is $0.04 higher every time I drive by.

    let's see:

    snow storms...
    saber rattling by Iran...
    supply and demand...
    cause we feel like it...
  • farfromglorifiedfarfromglorified Posts: 5,696
    Spring's coming kiddo. Demand goes up, and so do prices.
  • tybirdtybird Posts: 17,388
    inmytree wrote:
    let's see:

    snow storms...
    saber rattling by Iran...
    supply and demand...
    cause we feel like it...
    I am going with "cause we feel like it" as the possible correct answer.
    All the world will be your enemy, Prince with a thousand enemies, and whenever they catch you, they will kill you. But first they must catch you, digger, listener, runner, prince with the swift warning. Be cunning and full of tricks and your people shall never be destroyed.
  • jlew24asujlew24asu Posts: 10,118
    blackredyellow wrote:
    Anyone have a good reason as to why prices are soaring right now? The station by my house is $0.04 higher every time I drive by.


    oil prices actually are down some today.


    http://biz.yahoo.com/ap/070301/oil_prices.html?.v=13

    The decline in oil prices suggested traders were juggling twin concerns -- falling supplies versus slowing economies in the United States and elsewhere.

    Light, sweet crude for April fell 49 cents to $61.30 a barrel in late morning trading on the New York Mercantile Exchange. Brent crude slipped 35 cents, trading at $61.54 on London's ICE futures exchange.

    On Wednesday, prices hit a two-month high following a U.S. government report that stockpiles of gasoline and distillates, which include heating oil and diesel fuel, dropped last week by a larger amount than analysts had forecast.

    Iran's persistent refusal to suspend its nuclear program has also been a driving force behind the energy market's advance.

    Prices, however, were retreating less precipitously than on Tuesday, when they reacted to a sharp fall in U.S. share prices on worries about an abrupt economic slowdown. The fall was triggered partially by a 9 percent drop in Chinese shares amid speculation that Beijing may take further steps to slow China's rapid growth.
  • sweet adelinesweet adeline Posts: 2,191
    because its not time for an election?
  • jlew24asujlew24asu Posts: 10,118
    sweet adeline wrote:
    because its not time for an election?

    give it up.
  • nick1977nick1977 Posts: 327
    http://www.lifeaftertheoilcrash.net/
  • RolandTD20KdrummerRolandTD20Kdrummer Posts: 13,066
    how bizarre to see gas prices fluctuate....
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • present addresspresent address Posts: 72
    1.50 by the end of the year!!!
  • THCTHC Posts: 525
    blackredyellow wrote:
    Anyone have a good reason as to why prices are soaring right now? The station by my house is $0.04 higher every time I drive by.


    I'm gonna go w/ because more or less...its a monopoly. and its a scarce resource. They can do whatever they want...they just have to disguise the price increases.

    I have noticed as well....

    I mean...Exxon posted a record profit this last year....Billions and Billions of dollars.
    “Kept in a small bowl, the goldfish will remain small. With more space, the fish can grow double, triple, or quadruple its size.”
    -Big Fish
  • El_KabongEl_Kabong Posts: 4,141
    jlew24asu wrote:
    oil prices actually are down some today.


    http://biz.yahoo.com/ap/070301/oil_prices.html?.v=13


    that's funny cos yesterday gas was $2.16, now it's at $2.23 today
    standin above the crowd
    he had a voice that was strong and loud and
    i swallowed his facade cos i'm so
    eager to identify with
    someone above the crowd
    someone who seemed to feel the same
    someone prepared to lead the way
  • El_KabongEl_Kabong Posts: 4,141
    RolandTD20Kdrummer wrote:
    how bizarre to see gas prices fluctuate....


    fluctuate is one thing, going up 30 -40 cents in a week is greed
    standin above the crowd
    he had a voice that was strong and loud and
    i swallowed his facade cos i'm so
    eager to identify with
    someone above the crowd
    someone who seemed to feel the same
    someone prepared to lead the way
  • Hands boundHands bound Posts: 534
    It's funny...when the price of oil drops..the gas prices go down so slowly it's unbelievable...but when the price of oil goes up, they rape us with the price of gas.
    Underneath this smile lies everything
    all my hopes, anger, pride and shame...
  • josevolutionjosevolution Posts: 30,595
    yeah i hate the oil industries ......
    jesus greets me looks just like me ....
  • inmytreeinmytree Posts: 4,741
    El_Kabong wrote:
    that's funny cos yesterday gas was $2.16, now it's at $2.23 today

    well, you see, it's all about supply and demand...they have the supply and we have a demand, therefore, they can use any excuse the want to raise the price...

    in anticipation of the "well, don't use their product" people...if you could use your genius to explain how someone can realistically (<---note this key word) not use their product...please share...
  • blackredyellowblackredyellow Posts: 5,889
    Hands bound wrote:
    It's funny...when the price of oil drops..the gas prices go down so slowly it's unbelievable...but when the price of oil goes up, they rape us with the price of gas.


    that's what I hate... a couple months back oil went down like $10-$15 a barrel pretty quickly... gas prices trickled down a few cents a week. Recently oil has gone up like $5 a barrel, and prices went up a quarter in a week. The gas in the tank cost what you paid for it... just because crude went up, that doesn't effect the price of the fuel that you already bought.

    Maybe when gas prices drop again, I should take my receipt back to the station and ask for the difference back.
    My whole life
    was like a picture
    of a sunny day
    “We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
    ― Abraham Lincoln
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