Gas Costs Expected to Be High This Summer Options

[dauss]

http://biz.yahoo.com/ap/060411/summer_gasoline.html?.v=10

Pump prices for gasoline are rising and likely will average about a 25 cents a gallon more than last summer, but not enough to keep people home.

The Energy Department's new "seasonal outlook," released Tuesday, projects that the price for regular grade gasoline will average $2.62 a gallon, barring any unexpected supply disruptions. Gasoline prices have soared since February.

Last week motorists paid on average $2.68 a gallon nationwide for regular, an 18-cent increase in two weeks and 40 cents higher than the national average a year ago.

Growing demand, high crude oil costs, requirements for low-sulfur gasoline and greater demand for corn-based ethanol as an additive all "are expected to keep consumer prices for motor fuels ... high in 2006," said the report by the department's Energy Information Administration.

The high prices are not expected to dampen demand during the April-September heavy driving season. Motorists are expected to use an average 9.4 million barrels of gasoline a day, or 1.5 percent more than last summer, according to the Energy Department agency.

The agency cautioned that prices can vary by 27 cents to 50 cents a gallon between different regions of the country and that prices could spike higher if there are unexpected supply disruptions caused by the weather or refinery problems.

Some analysts said gasoline could return to $3 a gallon or more if crude oil prices increase sharply or there is concern about hurricane damage to producers in the Gulf of Mexico.

[Hartmann]

Does this surprise anyone?

Light Crude is selling $.75 below the peak it reached after Katrina... If Iran cuts off supplies or limits them we could see oil at $150 a barrel.

[Seeker]

[FORSAKENR320]

anyone else see that crazy dressed niggah run through there?

is anyone questioning that? i know it was the 80's... but jeez




at the same time i'd like to see alot more gang fights and crime take place by black dudes wearing that and trying to be hardasses

[impala454]

adjusting for inflation we're at the lowest gas prices since the 1980s

[Hartmann]

adjusting for inflation we're at the lowest gas prices since the 1980s

According to that the lowest price was in 1999??

[Seeker]

adjusting for inflation we're at the lowest gas prices since the 1980s

how'd you get that when there's a huge ass spike in the graph during the 80s

[impala454]

nevermind.

take what you will from the graph, gas prices are not that bad.

[Hartmann]

nevermind.

take what you will from the graph, gas prices are not that bad.

They aren't horrible, but they aren't great either.

Barrel prices have silently grown over the past few months and no one seemed to notice.

[Seeker]

i want gas back to 99 cents like it was one summer i was in lubbock

[impala454]

They aren't horrible, but they aren't great either.

Barrel prices have silently grown over the past few months and no one seemed to notice.

yeah i can agree they aren't great... it's just funny when it goes up like $0.10 in one day and people go apeshit when in reality they end up paying at most an extra $2.00 on a fill up. BFD.

if gas went up a full quarter in one day, there would be chaos, people rioting, etc over $5 on a fill up, when there's typically much worse price changes in stuff like utility bills, cable/cell phone bills, etc.

[Psykopath]

yeah i can agree they aren't great... it's just funny when it goes up like $0.10 in one day and people go apeshit when in reality they end up paying at most an extra $2.00 on a fill up.  BFD.

if gas went up a full quarter in one day, there would be chaos, people rioting, etc over $5 on a fill up, when there's typically much worse price changes in stuff like utility bills, cable/cell phone bills, etc.

Yeah, $.10 in a day doesn't sound bad for a single fill up. But imagine a world where gas prices continue to rise while wages stay stagnant and stuff, oh and the average person needs to fill up typically every 1-2 weeks (depending on driving habits), omg!

Oh wait, silly me...that's real life.

MY BAD.

This post has been edited by Psykopath: Apr 11 2006, 08:56 AM

[Hartmann]

yeah i can agree they aren't great... it's just funny when it goes up like $0.10 in one day and people go apeshit when in reality they end up paying at most an extra $2.00 on a fill up. BFD.

if gas went up a full quarter in one day, there would be chaos, people rioting, etc over $5 on a fill up, when there's typically much worse price changes in stuff like utility bills, cable/cell phone bills, etc.

I think it's the mentality of Americans... They didn't notice the steady increase over the past few months, then this morning they woke up, went to fill up, and realized they were paying 2.65 a gallon and freaked out.

[Seussninja]

I can go for about 3 weeks on a tank D=

[rabble]

I fill up my car once a month, and I think I drive alot.

I can also go from austin to lubbock on one tank of gas.

[chook]

considering minimum wage hasen't gone up in a while and the 80's
http://en.wikipedia.org/wiki/1973_energy_crisis
look at refiner cost per oil barrel, we are getting fucked

[Dogmeat]

I hope crude hits $500 a barrel.

[Jen]

How is it that gas prices can be vary so much over a short distance? For example, gas back home went to $2.75 this morning. In a town 15 miles away, gas is $2.56.

I may be completely ignorant, but I don't see how that works.

[Mommy]

How is it that gas prices can be vary so much over a short distance? For example, gas back home went to $2.75 this morning. In a town 15 miles away, gas is $2.56.

I may be completely ignorant, but I don't see how that works.

It costs them more to get the gas truck to where you live? Gas prices are silly. Either that, or gas is going to go up to 2.75 and your town got a new shipment faster than the town 15 miles away.

[Jen]

I thought that the higher priced one might have received a new shipment as well, but both stations said they got new shipments yesterday. So I don't know what the deal is. I just know that gas prices going up 40 cents in one month is screwing my family.

[John6.7]

How is it that gas prices can be vary so much over a short distance? For example, gas back home went to $2.75 this morning. In a town 15 miles away, gas is $2.56.

I may be completely ignorant, but I don't see how that works.

additives

[Jen]

additives

such as?

[John6.7]

such as?

If the 15 miles put the gas station outside of the town then they are probably not required to add additives that reduce pollution and what not. The additive cost money making the gas more expensive. The cheapest gas can be found in the middle of fucking nowhere where additives are not needed. ex Wyoming. Even if all the cars there are producing X about of pollution there are not enough cars for it to add up to a problem.

[Jen]

that's funny. the higher priced station is in the middle of nowhere. Literally.

Both of the stations are in generally rural areas, so I highly doubt the amount of additives used would have any effect. Even moreso when you compare them to gas prices in larger towns.

[John6.7]

that's funny. the higher priced station is in the middle of nowhere. Literally.

Both of the stations are in generally rural areas, so I highly doubt the amount of additives used would have any effect. Even moreso when you compare them to gas prices in larger towns.

damn you people and your weird sentence structure... lower would be in town cause of competition between gas stations.

Two different middle of nowheres... one not in a city but still within the gas infrastructure and the one that is really in the fucking middle of nowhere that hardly gets a gas shipment.

[Seeker]

chill out guys

[Mommy]

chill out guys

[Rocky]

BRACE YOSELF NUKKA

[Mommy]

BRACE YOSELF NUKKA

[Psykopath]

new smiley goodness!

[Rocky]

Solution

[woody]

tx should pass a min wage increase