SIGforum.com Main Page The Lounge Gas jumped up $.30 in the last 4 days, what’s it doing in your neck of the woods?
Main Page The Lounge Gas jumped up $.30 in the last 4 days, what’s it doing in your neck of the woods?Go | New | Find | Notify | Tools | Reply | |
אַרְיֵה |
Topped off the GMC 3500 delivery truck yesterday. $123.73, and the tank had ten gallons remaining before I started fueling. Would have been another fifty bucks for a complete tank. Craziness! הרחפת שלי מלאה בצלופחים | |||
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| Member |
Just saw it this morning on the way to work. $5.09 a gallon. Was $4.79 last night. I'd rather be hated for who I am than loved for who I'm not. | |||
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Go Vols! |
$5.40 for regular in Michigan now. | |||
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| Did you come from behind that rock, or from under it?  |
I bought 20 gallons of fuel for the mower/yard equipment plus 13 more to top off the truck yesterday. $165. Sam's Club in mid Michigan was $4.93 with discount, most other stations nearby were $5.19. About time for heads on pikes in DC. "Every time you think you weaken the nation" Moe Howard | |||
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Tinker Sailor Soldier Pie |
If there isn't an absolute and total bloodbath for the Democrats in November than something is seriously wrong with the voters in this country. ~Alan Acta Non Verba NRA Life Member (Patron) God, Family, Guns, Country Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan "Once there was only dark. If you ask me, light is winning." ~Rust Cohle | |||
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Alienator |
It wouldn't be the voters, it would be the ballot collecting and voter fraud. SIG556 Classic P220 Carry SAS Gen 2 SAO SP2022 9mm German Triple Serial P938 SAS P365 FDE Psalm 118:24 "This is the day which the Lord hath made; we will rejoice and be glad in it" | |||
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Drill Here, Drill Now |
The EIA link I posted yesterday shows that the US has 26.5 days of gasoline which is the normal days of gasoline. Here is days of gasoline by week since 1991:  It also shows we have 26.4 days of crude oil which is the normal days of crude oil (i.e. plenty of oil to refine into more gasoline, diesel, jet fuel, etc). This has been tracked longer so is days of crude by week since 1982:  Hysteria causes runs on ammo, runs on gasoline, runs on ATMs, etc. Don't spread the hysteria. Instead, inquire about reputable sources of knowledge (not at home daddy). In true Sigforum fashion, somebody will likely be knowledgeable on the subject. I have retired oil & gas friends who worked during the oil embargo and the gasoline lines from the "shortage." Guess how full the gasoline storage tanks were? Damn near full. Hysteria on the crude oil side caused the gas lines. Ego is the anesthesia that deadens the pain of stupidity DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer. | |||
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Fire begets Fire |
When you see gas rising at the rate it is here… I think it’s pathetic to call people “hysterical” over legitimate concerns. So you’re on the “inside and in the know“ … funny me too although upstream … Alberta/Canadian shale frackers (and a few pipelines) mostly, but spent fair amount of time with folks in Houston. Instead of coming across a snotty oil&gas elitist, perhaps you could help us formulate a reasonable position to protect against this pernicious tax and the very real damages people are facing today and in the future. Yes? "Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty." ~Robert A. Heinlein | |||
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Get Off My Lawn |
It doesn't take a wild ass guess to name the state.   https://www.breitbart.com/econ...nears-10-per-gallon/ "I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965 | |||
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| Thank you Very little  |
Seems like a reasonable assertion regarding runs on products in the US. It's common in FL, Weather Channel reports a tropical depression with a projected path from Cuba to North Carolina, which means FL and over the next week the shelves go dry of supplies. Media induced panics/hysteria is a real thing. People are hysterical when stuff like this is reported, a few gas stations run out and the local news reports a gas shortage, people panic run out and put 5 gallons in their truck to top it off, Nothing big if it's one guy but 100,000 people or million in a metro area buying up gas daily, whenever they pass a 1/4 tank down and instant shortage. Media driven both tv and social panics. Grew up in the 70's and we had no shortages in KY of gas or oil, don't remember lines at gas stations ever, never had a problem, but then again we didn't have people panic there. | |||
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| Fire begets Fire |
I see zero panic every single day at gasoline stations and grocery stores. (And I live among some of the looneyist nut cases in America.) I know there were idiots a few months ago putting gasoline into plastic bags on the East Coast when the colonial pipeline got hacked. That’s different than inflation driving energy prices sky high. Y’all do a disservice to the nation and the truth when you use hyperbolic language. "Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty." ~Robert A. Heinlein | |||
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| Drill Here, Drill Now |
I concur with HRK. The media and bloggers feeds hysteria and repeating it feeds hysteria. A reporter asking "is gas going to hit $10 this summer?" gets butts in front of the screen (i.e. helps sell ads), but isn't the same as a logical argument such as we normally have 26 days of supply but only have x days. I was at an oil & gas facility on September 11th. While I was there, they received 4.2 million gallons of gasoline. On the drive home, there were lines at gas stations, gas stations running out, people raising prices (some prosecuted for violating price gouging laws), etc. It wasn't a supply issue, it was a fear issue and a "gotta do something" issue. Ego is the anesthesia that deadens the pain of stupidity DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer. | |||
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| Fire begets Fire |
For shame, the nation loses 3000 souls in a few hours, and folks reacted weirdly. I was in the greater New York City area that day and I know what panic looks like. Very situational. Totally different situation now in price velocity, volume of restrictions, quality of access and the world economic conditions. We’ve been building up for this ever since January 21, 2021 and the signing of 39 EOS. This is the purposeful destruction of oil and gas to encourage transition to electricity. Joe Biden himself said it just 10 days ago w no WH walk-back. "Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty." ~Robert A. Heinlein | |||
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Frangas non Flectes |
Excuse me? I comment on something posted in the news and I’m guilty of spreading hysteria, warranting an admonishment? It’s already in the news. I don’t get to talk about that? Nonsense. Look, I posted a guess back on page 30, and I’m no Fullbright scholar, but it seemed like you quoted me and said “you’re wrong, because the industry babble says so.” Then I was right. Now you’re quoting me and saying I’m wrong, and this time, you’ve got charts and graphs. I guess we’ll see what happens. I think if you could actually tell me what all this shit means for a consumer, you would do so, wouldn’t you? What you’ve got is info on how the oil industry works, but since we all know it isn’t a supply problem, the problem is with the politicians and the people on the ground, and in that realm, your observations aren’t any more qualified than mine are. You said gas prices wouldn’t go up. They did. What’s your next prediction? Yours, not the graphs, not the stock market speculators. ______________________________________________ Carthago delenda est | |||
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| Thank you Very little |
That has been my take from day one The transition from gas to EV is more about moving political clout from oil and gas to green energy companies that the left has paid out billions, trillions in government subsidy money. Tesla would not exist if it wasn't for government hand outs, Musk is a billionaire courtesy of the US taxpayer to some extent. Without $7 to $10 gas per gallon, EV's can't exist | |||
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One Who Knows |
$4.59 in Central Missouri today. | |||
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| Fire begets Fire |
The Progressive green’s idiot stategery to artificially create high energy prices to drive the WEC transition to electricity, forgot exactly how electricity is made here. Natgas is up nearly 1000%. The blackout forecast in mid-America this summer are due to the latest Biden restrictions on coal. You can’t begin to think about transitioning to electricity even if you wanted to, Dumb-ass Joe Biden! As long as electricity parallels the rise in costs of hydrocarbons, there will never be the net differential needed for the big push. What maroons! "Pacifism is a shifty doctrine under which a man accepts the benefits of the social group without being willing to pay - and claims a halo for his dishonesty." ~Robert A. Heinlein | |||
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Member |
Not to mention our electrical grid can’t support electric vehicles en masse. ——————————————— The fool hath said in his heart, There is no God. Psalm 14:1 | |||
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| Drill Here, Drill Now |
I didn't write that gasoline prices wouldn't go up. Instead, on May 24th I wrote that July and August gas futures were lower than that day's price since you had predicted $6.00 in July. You focused on your $5 prediction in June which I had not commented on. Go back and re-read. I posted on page 3 that there are two things consumers can do:
Now, I'm adding a 3rd thing: The news thrives on hysteria, don't feed the hysteria further. Instead, have higher-level value added discussions on how nationally we have adequate supplies of gasoline and adequate crude oil to make more gasoline. The crude oil is very expensive right now. Feeding the hysteria can create runs on gas stations so while the gas station is out of gas the distribution terminal, tank farm, refinery, etc. have plenty. That's a shitty situation neither the consumer nor the industry want, but both the mainstream and new media love it. DISCLOSURES: Ego is the anesthesia that deadens the pain of stupidity DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer. | |||
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| Member |
Maybe in your neck of the woods. Around my place the two neighborhood stations are still operating like normal before the price spikes. But the nearby Costco is slammed, though that's only because they're about 50 cents a gallon less than the typical independent stations around here. As of yesterday, the Costco price for regular unleaded was $4.939. -MG | |||
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SIGforum.com Main Page The Lounge Gas jumped up $.30 in the last 4 days, what’s it doing in your neck of the woods?
Main Page The Lounge Gas jumped up $.30 in the last 4 days, what’s it doing in your neck of the woods?© SIGforum 2024