Gas Prices hit $2/gallon!

[jrock]

$4.19 reg in Eureka CA. One station is holding out at $4.13 in Fortuna.


Pissed me off yesterday. I went to smog my runner and saw the gas price at $4.09 at the station down the street. After the smog I drove to the station in hopes of filling my tank up, the price was $4.17! I can't win!

[Rocksurfer]

On my way to work tonight I was listening to the news station on my radio, as I was getting off the freeway they just happened to be reporting that the price of crude fell in price today. As I was sitting waiting for my light to turn green I noticed that they were changing the price of gas at the station on the corner...........









.....wait for it,
















.......it was going up another 2 cents per gallon.

[kneedownnate]

You do realize it's not instantaneous, right?  They change prices according to what they pay for the latest delivery.

[Rocksurfer]

I would agree with your statement if it were true in the reverse too. Gas prices went up overnight when crude went up at the start of all this.

[BigMike]

We can all blame the dang speculators and the Intercontinental Exchange

Read: http://money.howstuffworks.com/oil-speculation-raise-gas-price.htm

[BigMike]

This week's gas price outlook:

The weekly gasoline outlook is returning today- celebrate knowing where prices will be headed (well, its not exactly Mardi Gras with higher prices, but at least you won't have to ace a course in economics to know what's on tap at the pump this week!)

We've been swamped at GasBuddy lately. As it turns out, I don't need a window to see what's going outside- I just check Facebook and see the phone ring, and ring it has.

On to this week's gasoline outlook! It's obvious that speculation is fueling prices more than any other factor- speculation over the Middle East, speculation that summer demand will rise through the roof, etc. As it turns out, while Wall Street firms cash in, we're subject to pain at the pump- pain that may ease in some areas this week!

The situation in Japan is this- six refineries have shut there, and while its likely that will mean higher prices for them, for motorists in North America, it means that the 1.4 million barrels that those Japanese refineries refined are now not needed at the present moment, and with the additional supply, it is easing oil prices. However, there are certain oil products that will become more expensive.

Oil prices are cheaper because Japanese refineries are closed. Gasoline prices will stabilize because prices have caught up with the increase in crude prices, or, in some areas, prices may fall because wholesale gas prices have been moving lower after the situation in Japan. The one product that will rise in price is diesel. Why? You may have heard that numerous nuclear plants in Japan are offline. They need power. What can they use as a short term solution? Diesel powered generators. Which is precisely why diesel prices are up at this hour.

I expect that by next Monday, the U.S. average will be virtually unchanged- some areas will see prices fall, a few areas will see prices rise (Rockies, West Coast). I expect prices in Canada to rise as much as 1c/L. The bottom line? I don't at this time foresee rapid increases, and the good news is that with recent events, it could cause oil prices to drop in the short term. We'll keep you up to date, as always!

Source: http://blog.gasbuddy.com/posts/Weekly-gasoline-outlook/1715-439032-506.aspx

[superyota]

man we really get screwed in california.

[jrock]

Yeah. Califonia prices are a joke and a half.  

How can it be that I'm paying almost $.75 more per gallon than the entire east coast?

[abnormaltoy]

Yeah. Califonia prices are a joke and a half.  

How can it be that I'm paying almost $.75 more per gallon than the entire east coast?

Edited for clarity:

California is a joke and a half. 

[brockbuilt85]

bend over, insert gas nozle

[yotaneck13]

bend over, insert gas nozle

i heard that gas stations are going to be installing tv screens at all pumps an playin porn so you can watch someone else getting screwed while you pump

[79yota4x]

 

[Tool Pimp]

bend over, insert gas nozle

[fade]

woot we hit $5 a gallon in florence oregon late thursday night early friday morning for 4 hours, we had a tsunami warning and they jacked up prices durn it...

[Muddytazz]

Been at $3.59 here for 4 days straight now for reg unlead

[REG535]

They are just using us to get what they want richer, and more powerful. We are the guina pigs. It will never end. We are to suffer like always. The plan continues until we are destroyed.

[Wermz84]

Just filled up for $4.19 a gallon regular yesterday.

[brockbuilt85]

3.99 regular at the shell for cash....but it wont last long...

[Muddytazz]

$3.69 regular here in my town

[87hillbillyoter]

$4.29 here in tahoe city and truckee. painful

[Nimyad]

3.59 for reg in spokane, wa

[foxtrot89]

really thinking about bio diesel. after the 400 bucks for the equipment, $0.79  a gallon sounds pretty darn good

[Rocksurfer]

Saw 3.99 at Arco today which means the others are even more since Arco is the cheapest around here.

[emsvitil]

I might have to put one of these:



on the back of my motorcycle...........

[brockbuilt85]

Saw 3.99 at Arco today which means the others are even more since Arco is the cheapest around here.

time before last i used arco gas, mid grade, it pinged sooo bad in my runner, and my gas milage was worse than it normally is...it aint worth it for my, ill pay the extra 5cents a gallon

[1981_toy]

i drive a chevy on 35s it ges 6mpg and i hate the gas station

[Nimyad]

3.59 for reg in spokane, wa

up to 3.64 for reg now. 5 cents in 3 days

[46&2]

I paid $4.08 a gallon for premium grade, totaling $50.08 to fill my tank in my Supra on March 26th, the last time I filled up. 

[bigarms23]

that why im not looking forward to my 1000mile trip on monday but would rather hang with friends and spend the extra in gas than work

[kneedownnate]

Filled the 2wd last week at $50 for a small tank.  Filled the bike with 89 octane today at $18, and it'll last me at least a week.  Not hard to figure out which one I'll be using for a while, huh?