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Some Consumers May See $4 Gas
MarketWatch ^ | 8-31-05 | Myra P. Saefong

Posted on 08/31/2005 5:43:25 PM PDT by M. Espinola

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To: GiveEmDubya
Crude Oil May Stay Above $60 for Rest of Year, Goldman Sachs JBWere Says
61 posted on 09/01/2005 3:59:59 AM PDT by M. Espinola (Freedom is never free)
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To: GiveEmDubya

Well you must not have minimum mark-up laws like we do here in Wisconsin. If someone wanted to undercut their competitor by $.40/gal. they'd be fined and put out of busness. Ah, the life in a Blue state.


62 posted on 09/01/2005 4:06:08 AM PDT by Trust but Verify (( ))
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To: jec41

For those in the SE, there apparently is a major pipeline that crosses the northern gulf coast. While there does not appear to be damage to the pipline, you have to have electricity to move the product along and that is something lacking right now. They better get that thing going.


63 posted on 09/01/2005 4:10:43 AM PDT by Trust but Verify (( ))
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To: backhoe
You may want to read that (after) breakfast lol

A frenzied oil trader at the New York Mercantile Exchange

Katrina's Gulf of Mexico Wreckage May Spark $100 Oil (Update2)

64 posted on 09/01/2005 4:11:26 AM PDT by M. Espinola (Freedom is never free)
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To: Ben Chad

I can't believe this. I am also upset at seeing pictures from New Orleans and Biloxi. I see police driving by people who have no food and no water. Where is the leadership? I think those of us close to New Orleans. We in Atlanta are not that far should get together water, food and get as close as we can to help these people. I can not imagine what Gov. Barbour is thinking...there should be martial law and tons of food pouring into affected areas.


65 posted on 09/01/2005 4:17:22 AM PDT by nyconse
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To: Trust but Verify
For those in the SE, there apparently is a major pipeline that crosses the northern gulf coast. While there does not appear to be damage to the pipline, you have to have electricity to move the product along and that is something lacking right now. They better get that thing going.

It's already going. We got gas last night out on the east side of Atlanta for 2.99 (89 octane) but the pumps were going dry because of this crazy panic buying. When Colonial gets the pipeline up to 100% things'll settle down again.

66 posted on 09/01/2005 4:32:16 AM PDT by Leroy S. Mort
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To: Leroy S. Mort

That is just fabulous news. Most people cannot grasp the enormity of this event. We have got to do a lot of things differently.


67 posted on 09/01/2005 4:36:12 AM PDT by Trust but Verify (( ))
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To: combat_boots; All

I hate to admit it, but I'd gladly pay $4 a gallon for gas if I could find some gas to buy. I topped off on Sunday, but it's almost gone now due to huge traffic jams, gas lines, a few trips to work, and trips to numerous grocery stores to try to find non-perishable food while our power was out. I'm stuck at home now and can't even go to work because I don't have gas and there's no public transportation. I think the situation here will improve as power is restored and IF the news media will quit fanning the flames of panic.


68 posted on 09/01/2005 4:42:48 AM PDT by pollyg107
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To: Trust but Verify

I can't really even explain why that particular gas station a few hundred yards down the road was cheaper -- it's usually the most god-awful expensive place around! From my trusty Google search, I only see that Wisconsin has minimum markup laws, but there may be others. New York sure doesn't (but the scenario I described from yesterday is completely irregular as all of those gas stations are typically within a dime of each other).


69 posted on 09/01/2005 7:47:38 AM PDT by GiveEmDubya
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To: backhoe
I wouldn't mind paying those prices if I could get gas. I wasn't really worried earlier this morning, but after speaking with some local officials, I am beginning to be frightened. I had a full tank on Sunday, but am down to about 25 miles worth of gas now because of huge traffic jams between here and my office, and because I wasted a lot of gas trying to find ice, non-perishable food, and in long lines trying to buy gas, only to have the pumps run dry before I could get there.

All morning on these threads I've joked about how I could stand to lose a few pounds. We have a couple of cans of beans, 1 can of soup, 1 can of tomatoes, 1 can of tomato sauce, and about 1/2 cup of uncooked rice. I figure we can live on that for about four days, maybe more. According to the city officials I talked to this morning, there isn't going to be gas in plentiful supply here for the foreseeable future. They also won't let you buy gas in a can, because so many people are doing that and then charging $100 for a can of gas.

Please don't misunderstand -- I realize how very blessed I am. However, as the gas runs out and people start to get hungry around here, I fear for what is going to happen to us and the many storm refugees living in shelters in central Mississippi.

70 posted on 09/01/2005 7:54:16 AM PDT by pollyg107
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To: pollyg107
Well, let us know how you are doing-- I'm over in Georgia, but surely we have some members who are not too far away from you.

Being stranded is a helpless, frightening feeling even in non-emergency conditions.

71 posted on 09/01/2005 9:04:22 AM PDT by backhoe (-30-)
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To: backhoe

Thanks for your concern. I'm really okay. I have a wheelbarrow and a gas can, and if things get really desperate, I can walk to a gas station. The nearest one is about 7 miles away, but they still don't have electricity there, so I'm just going to try to be patient and hope that the situation improves. I'm sure it will. I wish I could say the same for those poor souls in New Orleans. I'm watching now and it is breaking my heart.


72 posted on 09/01/2005 9:09:50 AM PDT by pollyg107
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To: pollyg107
I'm watching now and it is breaking my heart.

It's truly awful, isn't it? 9-11 was so sudden it had a numbness about it-- this is like watching your own leg being sawed off, an inch at a time, and it keeps getting worse and worse.

73 posted on 09/01/2005 10:38:29 AM PDT by backhoe (-30-)
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