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Gas Prices!!!



Well the good times couldnt last forever :( I guess Big Oil got tired of losing to much profit. So now they are gonna try and reap some of it back.
 
This is a stretch, but might make you think. Oil prices were low, so Iran pushes Hamas to launch MORE rockets into Israel, knowing Israel will eventually say, "Enough!" and attack Hamas. Once those attacks began, folks start panicing about oil in the Middle East, and prices rise. If prices get back up into the high $2/low $3 range, Hamas might again enter a cease fire. It's reaching, but just saying...
 


Deezul_AwT said:
This is a stretch, but might make you think. Oil prices were low, so Iran pushes Hamas to launch MORE rockets into Israel, knowing Israel will eventually say, "Enough!" and attack Hamas. Once those attacks began, folks start panicing about oil in the Middle East, and prices rise. If prices get back up into the high $2/low $3 range, Hamas might again enter a cease fire. It's reaching, but just saying...
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What's Hamas? This has been going on for a while now.
 
willie769 said:
It is funny how that works. I just got back from Victoria and it was $.89 a litre down there, back up here it was down to .$71
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I take back this post, I just drove by the gas station on the way to the store...$0.939 a L...how the **** can it jump over 20 cents in 4 hours when oil is still below $50 a barrel????????:th_shakinghead2:
 


Dboy23 said:
Okay well that's not totally right, we own a gas station and this is our situation...

Well let's say gas is being sold for $1.45 we probably pay between $1.35-$1.40, but right now we paid $1.62 for our last shipment and we haven't sold out since the price went down again so we're selling it for $1.45 when we paid $1.62.

That might be a bit confusing but the prices dropping like this isn't good for us.
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Had to do some searching for this message. I'm not picking on you Dboy, but I'm sure you gas station quickly raised prices with the small jump in the price of oil? Price jumps of about 20 cents in less than a week by me. I know your price hasn't jumped that much unless you're getting deliveries every day. Again, not criticizing, but you're getting back everything you "lost" when the prices were rapidly dropping.

And crude oil is again dropping after the initial bump from the current Israel/Hamas crisis.
 
This is the part that gets me about all this speculation on oil reserves and the economy. Does everyone remember back in the summer when we started to see sky rocketing oil and gas prices? Even though the price of $140 a barrel was for Octobers gas shipments, prices at the pumps jumped the very same day. We all know what those prices had on the economy, higher prices for goods ans services, car dealers/manufactures losing money, tons of people loosing there jobs. Now we are some how getting back to these types of gas prices. Even though oil closed at $41 a barrel today, gas is still jumping, speculators around here are predicting $1.68 a liter within the month, even with oil dropping. I think it is time we get these damn retards from Wall Street off the radios, TV, and news print and let the market rebound on it's own without there negative comments throwing it down farther.
 
Deezul_AwT said:
Had to do some searching for this message. I'm not picking on you Dboy, but I'm sure you gas station quickly raised prices with the small jump in the price of oil? Price jumps of about 20 cents in less than a week by me. I know your price hasn't jumped that much unless you're getting deliveries every day. Again, not criticizing, but you're getting back everything you "lost" when the prices were rapidly dropping.

And crude oil is again dropping after the initial bump from the current Israel/Hamas crisis.
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Actually our taxes went up from $0.06 to $0.139 on each gallon so basically a $0.07 rise that's why it went up so much at once, it went up a little plus the extra taxes. We were at $1.99 yesterday, today it's at $1.89. We basically go up whenever they tell us that our cost is going up, regardless if were getting a shipment today or not.
 


It's been a month, looks like prices jump up 20 cents, then stay steady for for a few weeks. I guess we'll be due for another 10-15 cent jump. Still under $2 near me for 87; saw $1.79 this morning.
 
Well the price for a barrel of oil has finally started coming out of the cellar (it reached $60 a barrel), I wonder how long it will take before we see the price change at the pumps?
 
It's already gone up a bit for me, now over $2 for 87. I thought I'd be able to take out the Impala for a bit more driving this summer, but if it starts creeping back up again, it'll just be the GP for me. I don't think we'll see those $4 prices again for a few years, since the economy is still in the crapper and there would be a huge demand drop if it got that high again. Plus, summer always sees higher prices because of higher demand.
 
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