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So ... Why ARE gasoline prices going up ... THIS time ?
self ^
| May 21, 2009
| knarf
Posted on 05/21/2009 5:04:02 AM PDT by knarf
I admit to being confused.
TOPICS: Business/Economy
KEYWORDS: 0bama; 0bamaisfailing; bigteapartyjuly4; co2isnotpollution; cost; drillheredrillnow; gasoline; givemeliberty; globalcooling; idiocracy; keepthechange; madashell; newnukesnow; notsosmartcars
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To: plsvn
Yeah, that and refiners having to change to "summer grades" which are more expensive to make. Until they have to switch to "Winter grades" which are more expensive to make...
41
posted on
05/21/2009 5:19:11 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: MikeWUSAF
“Memorial Day weekend Happens every year...”
True enough, But the gas prices have been going up since around February. I track my own fill up cost on a spreadsheet and Every fill up has been more expensive than the one before.
To: knarf
Inflation.
0bama is debasing the currency. By artificially increasing the money supply we will soon be enjoying Zimbabwean levels of prosperity.
Dollars are far cheaper, it takes a lot more to them to buy a Euro or a barrel or oil.
I agree with Cole Porter, “You're the top, you're a Coolidge dollar.”
43
posted on
05/21/2009 5:20:12 AM PDT
by
Lonesome in Massachussets
(AGWT is very robust with respect to data. All observations confirm it at the 100% confidence level.)
To: knarf
‘Cause people are using more? You know - Memorial day, summer, end of school, camp, soccer, etc.?
44
posted on
05/21/2009 5:20:38 AM PDT
by
Little Ray
(Do we have a Plan B?)
To: Dixie Yooper
You left out April showers and the start of the NFL season!
To: Dixie Yooper
Until they have to switch to "Winter grades" which are more expensive to make...
Not true, there are fewer "winter grades" hence less expense to the refiners. Don't you notice prices tend lower in the fall?
46
posted on
05/21/2009 5:22:20 AM PDT
by
plsvn
To: knarf
“So ... Why ARE gasoline prices going up ... THIS time ?”
It’s summer
47
posted on
05/21/2009 5:22:54 AM PDT
by
nuconvert
( Khomeini promised change too // Hail, Chairman O)
To: knarf
Price of crude is going up.
Don't know why ... bounce after the price crash last fall, maybe?
48
posted on
05/21/2009 5:22:59 AM PDT
by
ArrogantBustard
(Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
To: chemicalman
Ethanol bad, Butanol good
To: Dr. Bogus Pachysandra
It’s 57 different blends. One for each state! Has California already been carved up into 8 states? What are the new states called?
50
posted on
05/21/2009 5:23:19 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: knarf
I admit to being confused.
No need to be confused. It is the same pattern that has been going on since the mid 1970s:
Price goes up. People complain. Price slowly drops, but only by about half of the increase. It is now higher than at the start, but lower than at its peek.
Example:
At 1.00, it rises rapidly to 1.49. People growl. It slowly declines to 1.19. People smile. [Note that it is 0.19 higher, however, when the dust settles.]
Six to twelve months later,
at 1.19, it rises rapidly to 1.89. People snarl. It slowly declines to 1.59. People smile. [It is now 0.40 higher, but is 0.30 cheaper than where it peeked.]
Months later,
at 1.59, it rises rapidly to 2.39...
and the pattern continues, just has it has for the last 40 years.
51
posted on
05/21/2009 5:24:12 AM PDT
by
TomGuy
To: norwaypinesavage
Government mandates are a big part of it. Also speculators back in the market on the eve of potential cap and trade laws which would make gas more expensive and less plentiful.
Don’t complain. Just check your tire pressure and drive 55 MPH.
52
posted on
05/21/2009 5:26:01 AM PDT
by
randita
To: knarf
I’m surprised 0bama hasn’t ordered gas stations closed.
53
posted on
05/21/2009 5:26:04 AM PDT
by
onedoug
To: plsvn
Don't you notice prices tend lower in the fall? Like in 2005...
54
posted on
05/21/2009 5:26:51 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: knarf
Gasoline price needs to be above Diesel price?
55
posted on
05/21/2009 5:27:21 AM PDT
by
Paladin2
(Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
To: Red in Blue PA
A few players controlling a commodity which everyone needs is NOT a true free market.The majors (evil big oil) control less than 7% of the world's reserves. The rest is controlled by state run companies.
On this, I agree with Bill O’Reilly.
O'Reilly is an idiot.
56
posted on
05/21/2009 5:27:38 AM PDT
by
tx_eggman
(Clinton was our first black President ... Obama is our first French President.)
To: knarf
Bush and “BIG OIL” (aka Dick Cheney) is engineering another huge gas hike to sabotage Obama’s brilliant Presidency.
57
posted on
05/21/2009 5:29:41 AM PDT
by
Toespi
To: Izzy Dunne
That might be true if it were not for the fact that there is vast amounts of crude in storage everywhere that can hold it.
I believe what we have is a controlled squeeze on the part of the refiners.
58
posted on
05/21/2009 5:31:11 AM PDT
by
Recon Dad
(Cogito cogito ergo cogito sum - MARSOC DAD)
To: knarf
Summer driving season. Pure and simple.
To: plsvn
Dixie didn’t think it was necesary to add .. /s.
60
posted on
05/21/2009 5:33:03 AM PDT
by
knarf
(I say things that are true ... I have no proof ... but they're true)
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