 Gas Costs Expected to Be High This Summer |
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| Gas Costs Expected to Be High This Summer |
 Apr 11 2006, 08:06 AM
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#1
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 Group: Members Posts: 706 Joined: 22-February 06 From: Lubbock, TX Member No.: 20  |
http://biz.yahoo.com/ap/060411/summer_gasoline.html?.v=10
QUOTE 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. -------------------- Beers that I have had, updated July 5th, 2009: 1,548
My Beer List "Patriotism is the last refuge of the scoundrel" - Samuel Johnson "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ" - Mahatma Gandhi |
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Apr 11 2006, 08:15 AM
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#2
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 Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
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. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Apr 11 2006, 08:16 AM
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#3
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 Group: Members Posts: 5,275 Joined: 22-February 06 Member No.: 2 |
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Apr 11 2006, 08:30 AM
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#4
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 GORILLA FLUFFER  Group: Agents Posts: 7,711 Joined: 23-February 06 From: lubbock Member No.: 50 |
QUOTE (Lancifer @ Apr 11 2006, 08:16 AM) 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 --------------------  QUOTE (Jessica @ May 7 2007, 01:15 PM)  but yeehaw dammit. YEEHAW QUOTE (Dogmeat @ Jun 26 2008, 07:51 PM) ok once upon a time I jacked myself off retarded. Licking anuses, one kindergarten class at a time!! |
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Apr 11 2006, 08:35 AM
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#5
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 Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
adjusting for inflation we're at the lowest gas prices since the 1980s
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Apr 11 2006, 08:38 AM
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#6
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Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
QUOTE (impala454 @ Apr 11 2006, 08:35 AM) adjusting for inflation we're at the lowest gas prices since the 1980s According to that the lowest price was in 1999?? -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Apr 11 2006, 08:39 AM
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#7
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Group: Members Posts: 5,275 Joined: 22-February 06 Member No.: 2 |
QUOTE (impala454 @ Apr 11 2006, 08:35 AM) 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 |
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Apr 11 2006, 08:41 AM
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#8
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
nevermind.
take what you will from the graph, gas prices are not that bad. |
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Apr 11 2006, 08:43 AM
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#9
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Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
QUOTE (impala454 @ Apr 11 2006, 08:41 AM) 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. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Apr 11 2006, 08:48 AM
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#10
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Group: Members Posts: 5,275 Joined: 22-February 06 Member No.: 2 |
i want gas back to 99 cents like it was one summer i was in lubbock
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Apr 11 2006, 08:51 AM
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#11
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
QUOTE (Hartmann @ Apr 11 2006, 09:43 AM) 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. |
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Apr 11 2006, 08:56 AM
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#12
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 Why so serious? Group: Global Moderators Posts: 5,286 Joined: 22-February 06 From: Fate, TX Member No.: 4 |
QUOTE (impala454 @ Apr 11 2006, 09:51 AM) 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 -------------------- |
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Apr 11 2006, 09:00 AM
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#13
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Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
QUOTE (impala454 @ Apr 11 2006, 08:51 AM) 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. -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Apr 11 2006, 09:53 AM
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#14
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 FFFFFFFUCKKKKKKKKKKKK Group: Members Posts: 1,673 Joined: 22-February 06 Member No.: 11 |
I can go for about 3 weeks on a tank D=
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Apr 11 2006, 09:59 AM
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#15
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 START THE REACTOR! Group: Members Posts: 874 Joined: 23-February 06 Member No.: 52 |
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. -------------------- FUCK YOU
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