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Gas Price Watch

Discussion in 'The OT' started by Doug Brott, Dec 4, 2008.

  1. MysteryMan

    MysteryMan Well-Known Member DBSTalk Club

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    USA
    In less then 24 hours since I posted link now shows Chevron station increased it's price to $5.49.
     
  2. fluffybear

    fluffybear Hall Of Fame DBSTalk Club

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    Peachtree...
    $3.65 is what most stations are charging around town (or at least as of yesterday). I did notice a CITGO of all places charging $3.99 on Friday.
     
  3. chick3112215

    chick3112215 AllStar

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    Jul 20, 2010
    $3.69 here, Drill here, refine here, and sell here, prices will come down!!!!
     
  4. thelucky1

    thelucky1 Icon

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    Feb 23, 2009
    Agree! Drill now!
     
  5. longrider

    longrider Well-Known Member DBSTalk Club

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    Elizabeth, CO
    $3.07 last night. As to why gas is so much cheaper in the Rocky Mountain region I read an article that it has to do with the pipeline system which gives us direct access to some of the cheapest crude in the country plus most of the gas is refined right here so transportation is minimal. On the east coast they have shut down refineries so refined gasoline is imported from Europe while in California regulations are so strict it costs a fortune to produce the gas
     
  6. Doug Brott

    Doug Brott Lifetime Achiever DBSTalk Club

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    I don't know that "so strict" is entirely accurate, but certainly it's a different blend than the rest of the country. Also, the supply chain is typically different than the rest of the country. As a result, we have an entirely different market structure affecting the overall price.

    For example, when the Gulf wells were shut down for an extended period due to hurricanes (Katrina?), California gas was actually cheaper than much of the country because we were not affected by that shortage. Sadly, though, we are usually more "short" than the rest of the country and as a result have higher prices.
     
  7. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    Winters,...
    Maybe, maybe not! Petro prices reflect too many other large variables. But, yeah, we should be drilling and producing more.
     
  8. Davenlr

    Davenlr Geek til I die

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    We are currently producing more oil in this country than any time in the last 10 years. Unfortunately, they are selling it to China rather than keeping it here. Its a fact the American Oil companies care more about profits than keeping the oil in America, as that would keep the price low and cut into their profits.


    http://www.indexmundi.com/g/g.aspx?c=us&v=88
    http://www.indexmundi.com/g/g.aspx?v=95&c=us&l=en
     
  9. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    Winters,...
    Small price to pay for a free economic system! And no company, oil or otherwise, of any home base, would do differently.
     
  10. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    Winters,...
    I just love driving down the Five, or many places in Kern County, seeing all those long pumping producing wells, confident that I am paying (with exceptions noted above) the highest prices in the country........:nono2:
     
  11. Davenlr

    Davenlr Geek til I die

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    I agree, but if they are allowed to drill on US owned land (which they are trying to get the rights to do), then it should be added into the contract that any oil extracted from government land remain in the US.

    Currently, there is nothing in their contract with the government, that I am aware of, dictating this.
     
  12. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    Michiana
    GasBuddy is currently showing the national average as $3.638 with prices in my area slightly higher at $3.646 and higher statewide at $3.681. The prices are marked as "falling" and I expect that they will unless there is some "reason" to bump up the price.

    Prices here typically jump up 20-30 cents when there is some "reason" such as crude going over $100 per barrel or some event in the supply chain. Then a day or two later they settle back down as stations start to compete for sales. "Summer Blend" is coming, which is a "reason" to raise prices. Hopefully there won't be many more reasons and we won't go much over $4.

    As far as the stations already over $4 or $5, one can go back years and find spikes like that. I don't know why they do it.
     
  13. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    Winters,...
    I am inherently against such regulations, but I think I understand your sentiment, and agree.
    But, oil being generally fungible and all, is hard to "contain". So, oil from Texas, say, might get pipelined to NJ or Illinois. It might get shipped to France. Oil from Mexico may get refined in Texas, or California. Oil from Alaska might get shipped to Washington, or shipped to CA, or to Japan or China. So, even if all the production from Gov't lands stays in the US, it would allow more to go overseas.... or allow us less imports.
     
  14. phrelin

    phrelin Hall Of Fame DBSTalk Club

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    Northern...
    GasBuddy shows California at $4.275 right now and rising. There are many stations around the state above $5.00 now with the LA area Chevron station at $5.499, though most are in isolated locations where your choices are "us" or "run-out-of-gas."

    Prices are now the highest I've seen at the corner of US 101 and SR 20 in Willits:
    • 2/14/2012 -Safeway $4.099, Chevron $4.169, ARCO $4.069 cash only price
    • 2/14/2012 -Safeway $3.679, Chevron $3.859, ARCO $3.639 cash only price
    • 12/03 - Safeway $3.559, Chevron $3.639, ARCO $3.529
    • 10/07 - Safeway $3.759, Chevron $3.789, ARCO $3.729
    • 8/04 - Safeway $3.589, Chevron $3.749, ARCO $3.569
    • 5/31 - Safeway $3.959, Chevron $3.999, ARCO $3.929
    • 5/21 - Safeway $3.999, Chevron $4.059, ARCO $3.949
    • 5/05 - Safeway $4.079, Chevron $4.179, ARCO $4.019
    • 4/19 - Safeway $3.779, Chevron $4.159, ARCO $3.759
    • 4/08 - Safeway $3.739, Chevron $4.059, ARCO $3.739
    • 3/21 - Safeway $3.769, Chevron $3.859, ARCO $3.739
    • 3/04 - Safeway $3.699, Chevron $3.779, ARCO $2.599 at 11:45 am and $2.639 at 3:45 pm
    • 2/22/2011 - Safeway $3.519, Chevron $3.519, the new ARCO AM/PM had tankers on site.
    • 12/15 - Safeway $3.199, Chevron $3.259, the new ARCO AM/PM will open soon, I guess.
    • 10/14 - Safeway $3.059, Chevron $3.099, Unocal soon to reopen as an ARCO AM/PM
    • 6/26 - Safeway $3.089, Chevron $3.129, Unocal closed temporarily
    • 06/01 - Safeway $2.979, Chevron $3.019, Unocal closed temporarily
    • 05/18 - Safeway $3.079, Chevron $3.119, Unocal closed temporarily
    • 04/18 - Safeway $3.039, Chevron $3.079, Unocal $3.079
    • 04/01 - Safeway $2.989, Chevron $3.029, Unocal $3.029
    • 03/14 - Safeway $3.029, Chevron $3.059, Unocal $3.059
    • 02/13 - Safeway $2.919, Chevron $2.959, Unocal $2.959
    • 02/02 - Safeway $2.899, Chevron $2.939, Unocal $2.939
    • 01/06/2010 - Safeway $2.949, Chevron $2.939, Unocal $2.939
    • 11/24 - Safeway $2.869, Chevron $2.939, Unocal $2.939
    • 10/03 - Safeway $2.969, Chevron $3.059, Unocal $3.059
    • 9/06 - Safeway $3.059, Chevron $3.089, Unocal $3.089
    • 7/24 - Safeway $2.869, Chevron $2.899, Unocal $2.899
    • 7/10 - Safeway $2.999, Chevron $3.019, Unocal $3.019
    • 7/03 - Safeway $2.999, Chevron $3.039, Unocal $3.059
    • 6/30 - Safeway $3.019, Chevron $3.059, Unocal $3.059
    • 6/16 - Safeway $3.059, Chevron $3.119, Unocal $3.119
    • 5/30/2009 - Safeway $2.759, Chevron $2.799, Unocal $2.799
    Safeway gives 3¢ off with its club card which costs nothing. You get can 10¢ off if you've purchased at least $50 in groceries recently and that is cumulative, so I have gotten $1.00 per gallon off.
     
  15. Mar 1, 2012 #1215 of 1995
    jimmyv2000

    jimmyv2000 Hall Of Fame

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    $3.67 In Manchester NH This AM
    Diesel At $4.07
     
  16. Mar 1, 2012 #1216 of 1995
    dmspen

    dmspen Hall Of Fame DBSTalk Club

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    Right down the street from work, Shell station has regular for 4.51. HIghest price in the area.
     
  17. Mar 1, 2012 #1217 of 1995
    Getteau

    Getteau Icon

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    Dec 19, 2007
    Houston
    3.61 in Houston when I filled up yesterday. I am so glad I work from home and only have to fill up every couple of weeks.
     
  18. Mar 1, 2012 #1218 of 1995
    Cholly

    Cholly Old Guys Rule! DBSTalk Club

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    I saw $3839 at several stations in Charlotte today
     
  19. Mar 1, 2012 #1219 of 1995
    Lord Vader

    Lord Vader Supreme Member DBSTalk Club

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    Galactic Empire
    I was in the Houston area Feb. 15-22. Gas went from $3.43 to $3.69 in the 8 days I was there. Needless to say, I wasn't happy to come back home, where it's always higher than it is in Texas.
     
  20. Mar 1, 2012 #1220 of 1995
    James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    I'd make a joke about where to put the decimal point but you'd probably just tell me where to stick it.

    Prices are still bouncing ... $3.60's to $3.919 ... nope too early, settle back down into the 3.80's with a few stations today back in the $3.70's.

    Somehow seeing $3.70's isn't bad when it was $3.919 a couple of days ago - it makes one forget that it was $3.60's last week. And perhaps that is the trick that is being played. Make people feel better about prices that are actually higher than last week by going higher than needed then floating down.

    I feel sorry for people who need to buy gas every day ... or are on a cycle where they hit the high days. I usually buy gas once a week, twice if I go out on the weekend, which means I usually fill up on weekends.
     

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