Posted on 04/04/2005 1:32:14 PM PDT by Kieri
This afternoon, local gas prices in Jackson, MI spiked to $2.44 a gallon. The lowest price I was able to snag was at Sam's Club (still $2.18 with a Sam's Card at 3PM ET), but I haven't seen a line like that since the 70's!
This is a hike of over $.20 in one day. Is this happening elsewhere in Michigan or other states? It was just $2.21 (average) yesterday!
Are we still exporting a good deal of Alaskan oil to
the Far East?
Go away, kook.
"Some folks say it will drop back into the $20s per barrel. "
Those folk still believe the earth is flat also and polyester jumpsuits will make a comeback. (I'm still waiting for that $0.25/gal gas war.
Wait ! The cheap oil from Iraq is on the way....
$2.39 Monday afternoon in Indianapolis
Everyone still 10-15mph above the posted freeway speed limits
Time is still worth more than gasoline
Ridgecrest, CA
The price of crude goes up, the price of gasoline goes up. The price of crude goes down, the price of gasoline stays up.
Because the cost of the crude is only one of the factors in the price of gasoline. The bigger bottleneck is that demand is outstripping the supply of refined product, and that is almost entirely dependent on the refinery capability available. We are importing a significant portion of our motor fuel already refined, as there is no plan in effect to build or expand the refineries in this country.
Power everything with Compressed Natural Gas. Or Liquified Natural Gas. Refining of that fraction is unnecessary.
The liberals are still unhappy - all that money is going to the oil-producing countries and the oil companies, not being paid in taxes to the gubmint. Boohoo.
"Jack Daniels jumped about $2.00 this past year and that was less than a gallon."
Sounds like we need to invade Tennessee.
It did that over night in Arizona also. We are paying anywhere from $2.29 to $2.39.
Haha. There ya go. Economics 101 for idiots.
North eastern Illinois, north of Chitcago...
$2.26 for reg at Thorntons'
$2.31 for reg at BP/Amoco and a dime more for midgrade and ten more after that for premium...
It's not just the OPEC sob's, it's supply changeover to the summer fuels and them Commie Chinese using a million barrels a day more now...leastways that's what I've heard...
G
I just saw the prices in Howell/Brighton. $2.29 in Brighton, $2.39 in Howell. I just hope I have enough juice to make it to Lansing.
For the past year or so here around Milwaukee the stations will all jump up about 15 cents on the same day. Then over the next two weeks they will drop down about 10 cents. Net increase is only 5 cents, but you sure get screwed if you are needing a fill up on the jack-up day.
$2.74 a gallon yesterday here in rural north-eastern California.
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