Just now hit us. Prices in Baltimore are right under $3.00 a gallon for 87.

Making it tough for commuters here, my wife rolls 74 miles one way, five day's a week.

I'm afraid to calculate the totals here, but it hurts.

cryingathepumpinMD

Prez just announced he'll allow the Strategic Oil Reserves to be opened to "loan" oil to replace what was "Lost" during the storm shut-down.

Our gas shot up yesterday. The wife was irritated with me because I didn't fill up the day before. I didn't figger that the prices would jump THAT fast. An old man was there filling up his truck and looked over at me shaking his head and said "well, all I know is that I didn't vote for him (Bush)". What a goober :rolleyes:.

Y'know ... I have never worked at a gas station before, but changing those little gas price numbers on the sign outside must really be a lot of fun because them knuckleheads just about break their necks running out to swap them around [eyecrazy] .

PISTOL

Getting crude out of the strategic reserve isn't going to help. The refineries in the area are still down, that 's what is causing the shortage.

And the fact that many of the people that work on the platforms live in south Louisiana and Mississippi...

Also the three major pipelines that feed the east, north east and mid west are down. So plan on shortages in those areas.

MikeyB

3.00 here in laredo

Some stations have diesel for 2.35-2.55, others for 3.00 as well.. Its kinda screwy as well.... Regardless of the fact, while the refineries are down, prices are gonna be up, and to "replace" what was lost, just means prices will be up till we can replenish our "tapped" resources. Eitherways, these effects are gonna last for a while, I dont expect the prices to come down just because, unless we start to drill elsewhere, as in alaska or other areas that are known to have many a fossil fuel, Im just gonna swallow it and get used to it, i dont expect prices to be low again for a long long time...

Tx

I heard the same, the pipelines are damaged which will restrict us. There are a lot of refineries on the East cost, DE area to be exact. Not sure how it affects everybody, but I think if it effects one person, we all feel it. Why does that sound so familair??

Also, anybody know the cheapest place to buy a huffy?? I need one with the little basket up fron to hold my lunch, briefcase, pager and cell phone. Training wheels prefered as I don't want to use my feet when stoped in traffic. Rear only brakes ok, prefer to have front and rear. Must be pink and have white tires, a gel seat, little ring ring bell and 1/2" axles to support my 200lb butt.

I wonder if they'd tax me going through the tolls on a bike??[verymad]

This stinks. If only money grew outa my rear, I'd be rich [rant]

Originally posted by TxDiesel007
i dont expect prices to be low again for a long long time...
Tx

not unless we start synthesizing gas / petroleum cheaply.

I'm just suprised (not sure why) Mainly because I have been reading all about California, and other spots seeing huge increases overnight. This is depressing and not going to be good for the economy in general. Can anyone say Recession?

Anyone in government going to propose a more permanent solution to this seemingly permanent problem?? Throwing more oil at a maxxed out refining capacity seems like a politial manuever move or a "feel good" kind of thing.

I am seeing a few people filling up multiple gas cans for reserve before the prices jump again.

The Amish folks just clip-clop right by the gas stations ....[eyecrazy] . Hmmmm, I wonder where you could stick a Cummins sticker on a horse-drawn buggy ??!!


PISTOL

Some of your areas need to refill the pump tanks every day...but up here its maybe once a week. Yet the prices STILL jumped. I would say thats price gouging. The same tank of fuel that they were able to sell for $255 a couple days ago is now selling for $2.95. That tells me the station owners just want to get the max. $$$ out of each gallon. I could understand the prices going up when the next truckload comes in...

Jim

Originally posted by NHDiesel
Some of your areas need to refill the pump tanks every day...but up here its maybe once a week. Yet the prices STILL jumped. I would say thats price gouging. The same tank of fuel that they were able to sell for $255 a couple days ago is now selling for $2.95. That tells me the station owners just want to get the max. $$$ out of each gallon. I could understand the prices going up when the next truckload comes in...

Jim The station owner raises prices today in order to pay the higher price he will be charged when the next truckload is delivered. Right or wrong, he goes by replacement cost, not the cost of what's already in the tank.

Rusty

$2.59 at 1:30pm, $2.89 at 2:30pm in central Connecticut..... nuff said.


Mike

EDIT: This happend yesterday 8/30, for regular unleaded..... I haven't had a chance to drive by the station yet today.

I wish I had the $$$ to stock up. I have two 250 gallon heating oil tanks at our shop that aren't being used right now, and a pump I can use to fill the truck. Unfortunately I just don't have the cash. Aaaarrrgggg. If the tanks had HEATING OIL in them, I'd still fill-up up there!!!! But they are empty too. :-(

Jim

Theres an oriental gas station charging $.75 more per gallon than stations 2 miles away. No idea why. I saw them changing the sign and about ran off the road.

Originally posted by RustyJC
The station owner raises prices today in order to pay the higher price he will be charged when the next truckload is delivered. Right or wrong, he goes by replacement cost, not the cost of what's already in the tank.

Rusty

I've heard this argument, and disagree. Tell me, if he is projecting what the "next" load is going to cost him how did he ever have the loot to buy the first tank load???

$.20-.30 jump? how about $.78 yesterday A.M. gas was $2.72 across the street now $3.49

Originally posted by P.J
I've heard this argument, and disagree. Tell me, if he is projecting what the "next" load is going to cost him how did he ever have the loot to buy the first tank load??? You can disagree all you want. I'm just telling you how the system works. The station owner is watching market price trends from NYMEX (http://www.bloomberg.com/energy/) as well as forecasts from his wholesaler to estimate what he/she will be paying for the next delivery. This becomes a key factor (as well as competitive pricing in his area) for establishing prices each day.

Rusty

Originally posted by RustyJC
You can disagree all you want. I'm just telling you how the system works. The station owner is watching market price trends from NYMEX (http://www.bloomberg.com/energy/) as well as forecasts from his wholesaler to estimate what he/she will be paying for the next delivery. This becomes a key factor (as well as competitive pricing in his area) for establishing prices each day.

Rusty

Well, I suppose we'll have to agree to disagree then!

So, I buy a product @ $1.00 today, to sell tommorow at $1.25, then I find out that the next time I buy that product is it is going to cost $1.05, I magically deserve to make MORE off of the stock I bought at $1.00??
Oh, okay, now I better understand!!??[yuk] [duhhh]

Makes me sick.

I'm not even remotely mad at the retailers, heck we have a well established Texxaco that hasn't even sold Gas or Diesel since July.

Originally posted by P.J
Well, I suppose we'll have to agree to disagree then!

So, I buy a product @ $1.00 today, to sell tommorow at $1.25, then I find out that the next time I buy that product is it is going to cost $1.05, I magically deserve to make MORE off of the stock I bought at $1.00??
Oh, okay, now I better understand!!??[yuk] [duhhh]

Makes me sick.

I'm not even remotely mad at the retailers, heck we have a well established Texxaco that hasn't even sold Gas or Diesel since July.

S.O.P. Everybody does it in every aspect of the Retail business, nothing unusual about it.

I bought a bunch of SKS rifles when they first flooded the market, got them for a VERY good price and as such sold them at a good price. I went to a local gun show with a handful that I had left and was selling them for about 35 dollars less than anyone else there.

I didn't make any friends that day with the other Dealers, but I just didn't see the sense in inflating my price when I didn't need to. Now had I been interested in buying more of those rifles to sell, it might have been a different story ;)

Under those circumstances I would have been thinking how I needed to make enough off each one to replace it with another, and still maintain my profit margin. Might seem like gouging to some, but to others it is just good business sense.

Might be good busniess sense, I like "fair" and that has gone out the winodw many years ago. It was overtaken by, "Who's gonna stop me?", and I almost forgot, my favorite, "'Cause I can!"

Not much sense in stressing over it, fact is I'll buy at 3, 4 prolly even over $5.00 a gallon. Kids got to eat, Dad has to Appraise Real Estate, right??

It really boils down to this. Either the dealer charges enough today to have cash in hand to pay for the price that will be charged for the next delivery, or he/she goes to the bank and borrows the difference between what he/she has in hand (based on the cost of the prior delivery) and the cost of the next delivery. It's a matter of cash flow - does the dealer want to use his/her money or the bank's (at a nominal rate of interest, of course).

As Lary said, it's a decision every business owner has to make for himself/herself.

Rusty

Forgive me if i am ignorant, but will diesel be effected the same as gas. In SE Texas, Diesel is finally cheaper than gas, but can i assume diesel will increase as gas does? Everyone reports fuel costs as gas.

Click on the NYMEX link I provided earlier to compare relative wholesale costs of diesel (heating oil) versus unleaded gasoline. These costs don't include fuel taxes or transportation costs from the point of delivery as well as local supply/demand factors, so they will vary state to state.

Rusty

Originally posted by matthopp
Forgive me if i am ignorant, but will diesel be effected the same as gas. In SE Texas, Diesel is finally cheaper than gas, but can i assume diesel will increase as gas does? Everyone reports fuel costs as gas.

Same down here in south texas

South south texas as in laredo, its anywhere from 2.41-2.73 for diesel, and i have seen premium as high as 3.49 a gallon, with no station less than 2.99 for regular gasoline..

Tx

Went from 2.45 to 2.99 for octain....Diesels 2.75[eyecrazy] [eyecrazy]

Prices here look like up 10 cents across the board.
Diesel now at $2.61 gallon for 45 cetane.
Regular Unleaded at $2.89.
Premium Unleaded at $3.09

jumped $.40 today up to 3.20/gal. here

Gas is $2.999 tonite and diesel at the same place is $2.709. I dont expect it to come down much at all ever. Even after the refinerys are up and running they will claim they have to replenish the reservs and tanks that where drained durring the down time. I wish someone would hurry up and build some more refineries. We dont need more crude just refining cappacity. If they hurry up and start on a new refinery today we may see some relief in abought 5-10 years.

Only $3.35 a gallon today, but told by the owner that prices are going up 40-60 cents in the next 24 hours.

Next door to where I live gas is $2.99 and the owner said its due to go up in the morning, and she said she was warned that it could be $4 by the weekend. OUCH!!!

Jim

FOX news is reporting $6 in Atlanta, $4+ elsewhere.

Louisanna threated to get tough on anyone gouging, so they are gounging everyone else at the same time.

I was listening to talk radio this morn. A guy called in and said, in the time it took him to get a burger at the gas station, the price for fuel went up .14 He was ticked he didnt fill up before he got food...[eyecrazy]

This is not a WHOA IS ME post. I can afford to fuel my vehicles even at higher prices then the current ones but lets call a snake a snake. Lets not hide behind things like, "if you can't afford to drive a big truck then sell it and buy a Honda Civic". My post is not about that.

I'm sure there are alot of hard working people in the oil industry and on this board as well. I have nothing against you guys that are trying to make a living and protect your livelyhood by defending the oil industry but plain and simply put, we are getting SCREWED royally right now. I might be proven wrong soon enough, but I don't believe there is any kind of fuel shortage or capacity shortage in this country at all. Certainly not anything that could justify the price increases overnite across the whole country. We'll continue to see record profits from all the oil companies and I'd bet that this quarter will be their most profitable ever, by taking advantage of a bad situation. I'm not saying that anyone wants to see people lose their lives or everything they ownl, but I can guarantee that gas station owners all over the country and oil company executives and stock holders are loving every minute of this.:( If prices went up $.30 overnight, I can also say that the station owners are getting a nice cut of that as well. Why not? Who really knows!

I really don't have a huge problem paying $3.00 per gallon of fuel but the way they have jacked up the prices so much in such a short period of time can cripple the entire economy in 6 months. If it goes up to 5 or 6 bucks a gallon soon were in big trouble. We could see 25% inflation in the next 6-12 months. Do you think everyones pay can increase at the same pace? We are in for a giant crash if the rest of the Government doe not step in and stop Bush and his oil insdustry pals.

These are just my opinions and I'm no expert at anything so I sure hope I'm way off base on this. [yuk]

May God bless everyone affected by this terrible tragedy in the gulf states!!!

Oh and one last thing. Wouldn't it be nice if we had the $300,000,000,000 we spent in Iraq to help Americans in America!

I know of several people in various trucking industries. Most have pacts that they will be parking their trucks when diesel reaches $3/gallon. These include dump trucks, heavy equipment, and tractor-trailers. The problem is that the increased fuel prices are killing them, but the companies they work for aren't at the point where they will pay extra to compensate for the extra expenses. It will take from several weeks to several months before companys will start shelling out the extra pay to cover higher fuel prices.

A good friend of mine runs a tri-axle dump truck. Going rate is $53/hr. for truck and driver. After all of his expenses- maintenance, fees and licenses, taxes, and fuel- he doesn't exactly make a killing. Since he started running that truck a few years ago, fuel has doubled, but his pay has only gone up a couple dollars an hour.

When all the truckers are forced to start parking their trucks, thats when everyone will be hit, and hit hard. Combine the shortages from the hurricane with higher trucking costs, and every expense we all have will go up. We already saw our electric bill go up by 25% last week.

Jim

Originally posted by PistolWhipt
I am seeing a few people filling up multiple gas cans for reserve before the prices jump again.

The Amish folks just clip-clop right by the gas stations ....[eyecrazy] . Hmmmm, I wonder where you could stick a Cummins sticker on a horse-drawn buggy ??!!


PISTOL

Why on the tail of course.....I have trained some horses for the Adjutant General's dad, so I know he rides, he might give me permission to set up a pen... if so i would seriuosly consider riding to work.....in the dark along the highway.... what the heck, the hospital might charge less than the filling stations.....
On the way to work tonight, I stopped at the local Casey's and the gal said they had raised the price 30 cents this morning and it was going up another 10 tonight...[yuk]

Topped off both tanks at $2.45 tonight for a total of $143.00. :eek: :o [yuk] Everywhere else was already $2.59 and higher. I'll give those folks credit. They kept the price where it was when they got the load and sold until the tanks were empty. When I was there, they were already out of unleaded but had sold out at a price $0.30 LESS than the nearest large town and $0.10 less than the competition across the street and they told me that they were just about out of diesel. Still had some premium left but still had several more hours to go.

Locally, diesel is $2.66 and unleaded is 2.89. [yuk] [yuk]

If there really is a shortage of oil, then how much is being used to power the steam plants to make our electricity?
All of that could be used for other purposes if we were using nuclear energy for our power generation.
What ever happened to that idea?

Originally posted by Jim Lane
If there really is a shortage of oil, then how much is being used to power the steam plants to make our electricity?
All of that could be used for other purposes if we were using nuclear energy for our power generation.
What ever happened to that idea?
You live in Kalifornia and wonder what happened to nuclear engergy? Why there are not more refineries? Not drilling for oil in Anwar?

Most mainline power plants are coal fired.

This will just take some time and adjustment to get over. We'll make it. Until then slow down, airup your tires, plan and consolidate your trips.

So much for the poor little ole' dealers. The price difference between one dealer to the next shows that some are definately gouging.:mad:

We fueled up yesterday. Mr. Flash got his on the way to work and it was 2.49. I went two hours later and it was 2.69 at the same station. :rolleyes:

Should have got outa the jammies sooner. [duhhh]

Station just up the street from my house, a Chevron, if that matters.

Sunday, 8-28 Noon, $2.75 for Diesel.

Sunday, 8-28 11pm, $2.89 for Diesel.

Wednesday 8-31 11pm, $3.05 for Diesel.

Will update as I drive by around Noon today.



phox

Local station yesterday @ 3:30pm Diesel $2.61 gal
Local Station today @ 3:00pm Diesel $3.09 gal :rolleyes:
I'm glad I still have almost a full tank & 15 gallons of fuel in the garage I paid $2.34 gal for two weeks ago.
But,..... I have to get 5 gallons of Premium Unleaded for the bike tonight. :(
I wonder if they'll let me strech the payments over 12 months.[eyecrazy]

I'm sure there's a lot of folks who now have the retail worth of their vehicle more than double if it has a full tank of gas in it. [laugh]

Originally posted by phox_mulder
Station just up the street from my house, a Chevron, if that matters.

Sunday, 8-28 Noon, $2.75 for Diesel.

Sunday, 8-28 11pm, $2.89 for Diesel.

Wednesday 8-31 11pm, $3.05 for Diesel.

Will update as I drive by around Noon today.


phox

Stopped in for a soda and had a conversation with the owner,
asked jokingly when he's going to raise them again.
He said right after he gets his next load, around 3pm this afternoon, he'll be raising it another .10 cents.

He also said, and I actually believe him, he payed $3.07 a gallon for the Diesel currently in his tanks,
taking a .02 cent loss selling it at $3.05.
He can't raise the price because the station 2 blocks down is selling it for $2.98,
and folks that aren't Chevron loyal would pass right by and hit the Phillips.


phox

Diesel jumped from $2.47 to $3.19 in just one day

Thats it..... I'm selling my truck! Any takers???[laugh]

Britt

[verymad]

Just back from filling my 5 gallon jug to feed the Geezer-Glide.
$17.25.
Thank goodness that 5 gallons will let me commute back and forth for a week.
It was funny to see the difference of 2 cents a gallon between two stations, and people waiting in line in their cars to save, what.....maybe 50 cents on a fillup.
I paid the 2 cents higher price and was in and out in about 5 minutes.


Geezer Alert!!..Geezer Alert!! ..Geezer Alert!!
I seem to remember a time that same $17 would give me about a 1/2 tank of diesel. :rolleyes:

And people as old as Lary probably paid $17 for their first horse & buggy[laugh]

Originally posted by t-7 firefighter
Diesel jumped from $2.47 to $3.19 in just one day

Thats it..... I'm selling my truck! Any takers???[laugh]

Britt

[verymad]

Sure. I'll give you $3.19 for it. :p

Well, gas at more than one station in Chattanooga hit $5.00 today. Very shortly thereafter TV trucks showed up and the stations immediately closed. Several stations in Atlanta were at 5 or slightly above yesterday afternoon. Governor sent investigators out immediatley.

Things seem to have settled around 3.35 for the last few hours. Diesel is varying between 2.80 and 3.10

I was a day slow (pretty typical for me) in getting the drums I normally use for bio filled up with regular diesel. That delay cost me $50.00...

But, we are getting ready to head to Hattiesburg in the next 2 weeks to bring some folks up here. Looks like right now we are taking 3 trucks. 2 with campers and 1 with a utility trailer. Probably use most of that fuel but that is why I got it so i'm glad to have it.

Mark

I saw on the news where the news guy was asking one owner of a gas station that jacked up the price to 6 something a gallon, why he did it. The man (who was of middle eastern ethnicity by the way) said that he was "only trying to discourage people from buying the fuel so he wouldn't run out".

Uh ... why not just put up a sign NO FUEL SOLD HERE TODAY instead of trying to rape the people who may not have a choice but to buy from you ???

Where is an immigration agent when you need one ??

PISTOL

Originally posted by PistolWhipt
I saw on the news where the news guy was asking one owner of a gas station that jacked up the price to 6 something a gallon, why he did it. The man (who was of middle eastern ethnicity by the way) said that he was "only trying to discourage people from buying the fuel so he wouldn't run out".

Uh, I thought the purpose of business was to sell all of your product, not keep it in the tank.[eyecrazy]

I got fuel on Sunday 08/28/05 at 5:00 A.M. and I paid 2.97/ gallon for it, later on in the afternoon the same station it had jumped to $3.07/ gallon.
I guess they were using their crystal ball to see the damage the hurricane did that had not hit land yet.
Today I am at a 1/2 tank and I need to fill up. Today as I was going to work, the station where I got fuel is now $3.35/ gallon and in Chino, Ca. it is $3.49/ gallon. If this is not gouging, what is it?
I went in the mini-mart at the station to get a drink and I ask the guy behind the bulletproof glass why is it so high? He said "it is because of the hurricane and havent you heard, the refineries are broken this is where all of our gas comes from." This is the story I get out here in California.
I say we are being GOUGED. [rant]
Jim

(quote)
Lockyer noted California receives little or no refined gasoline from the Gulf region, and no crude oil. He questioned whether disruptions in the oil and gasoline infrastructure caused by Hurricane Katrina, while no doubt severe, could legitimately explain any significant effect on California’s market. “Certainly, the storm cannot be used to justify gouging Californians while thousands of our fellow Americans suffer,” said Lockyer.

http://ag.ca.gov/newsalerts/release.php?id=1212

Took my chances today and filled up. Went to a new station that just opened and bought auto diesel for $2.72 per gallon.

MikeyB

Can ya E-mail me a coupla hundred gallons?

Can ya E-mail me a coupla hundred gallons?

If it wasn't for all my gas cans full of gasoline I would go back and fill them up! And go figure that my Magnum, Springer, ATV, lawnmower, etc are already topped off.
And if gasoline wasn't $.15 more than diesel I would dump it on the ground. :p

MikeyB

Okay, I am back from my trip to Ocean City. One thing is for SURE, there are some gougers on the way down there!! Come on, .50 and .60 cent differneces in a gallon of fuel???? It makes me angry to see people getting smoked for a gallon of gas like that. There is just NO WAY that stations apox. 3 miles apart are paying that much more or less per gallon for thier loads of fuel.

Saw anywhere from $3.05 to 3.69 a GALLON for gas and $2.89 to $3.19 for #2.

I'll be glad when it settles down to the bargain price of $2.75 a gallon again! [duhhh] [yuk] [yuk]

I guess California will be at $5.00 a gallon by Labor Day??

Kinda says it all, don't it?

http://www.mcgladrey-family.us/kayne/archives/gas_pricEs2.jpg

Kinda says it all, don't it?

http://www.mcgladrey-family.us/kayne/archives/gas_pricEs2.jpg

That picture is doctored. Nobody would have named that station 'Tom'. It would have a ethnic middle eastern name. [tapdshut]

MikeyB