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Punishment at the gas pump

Discussion in 'The OT' started by Mark Holtz, Oct 14, 2004.

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  1. Mark Holtz

    Mark Holtz Day Sleeper DBSTalk Club

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    From SF Gate:

    Punishment at the pump
    Gas prices climbing up, up, up -- now at $2. 36 in Bay Area


    Surging crude oil prices smacked California drivers at the pump this month as the state's average cost for a gallon of gas jumped 25 cents to $2.34.

    Bay Area commuters pay even more -- $2.36 -- and face near-daily price increases of 3 or 4 cents, according to figures released Tuesday by the AAA of Northern California auto club.

    FULL ARTICLE HERE

    From the Sacramento Bee:

    Gas prices soar
    After a 4-cent spike Monday, cost of a gallon could set record


    The price of regular gasoline in the Sacramento area spiked 4 cents a gallon from Sunday to Monday and could surpass the all-time, single-day record as soon as today, according to AAA of Northern California.

    Locally, prices were an average $2.26 a gallon Monday. That compares with $2.03 one month ago and $1.86 on Oct. 11, 2003, though it did not match the all-time high of $2.30 reported by AAA on June 1 this year.

    FULL ARTICLE HERE

    From what I saw today, the price range was $2.29 to $2.39 for regular unleaded gas. I paid $2.19 on Monday at Costco. I've already told my mother that I will probably be getting home at around 10 PM instead of 8:30 on Mondays, Wednesdays, and Fridays thanks to the bus system
     
  2. RichW

    RichW Hall Of Fame/Supporter DBSTalk Gold Club

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    I filled up this morning for $1.92 /galllon, full service.
     
  3. Mike500

    Mike500 Hall Of Fame

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    It's still $1.74 to $1.79 a gallon at the cheapest stations here in the Upstate of South Carolina.

    I had a WalMart shopping card bought it at $1.71, yesterday.

    I can feel for you guys in California. I lived there for 9 years on the 1980's. I worked all the time and had trouble making ends meet.
     
  4. RichW

    RichW Hall Of Fame/Supporter DBSTalk Gold Club

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    "I can feel for you guys in California. I lived there for 9 years on the 1980's. I worked all the time and had trouble making ends meet."

    With my cattle running around, I have trouble making meats end! :)
     
  5. SAEMike

    SAEMike Banned User

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    Ok, These stories must be flawed because when I was in the Bay Area the most I ever paid for gas in palces from Vallejo, to Pleasanton and Livermore, to Oakland, and up to Fairfield, was $1.99 a gallon. I saw prices as high as $2.35 on the premium gas, but not on regular unleaded.
     
  6. Mark Holtz

    Mark Holtz Day Sleeper DBSTalk Club

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    SAEMike, I really wish the stories were flawed. But, I live in Sacramento (okay, Citrus Heights, but ask Chris Blount how close that is to Sacramento), and the prices are correct. Maybe I'll take some pictures later on today.
     
  7. SAEMike

    SAEMike Banned User

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    Yeah, I'm not suggesting a conspiracy or anything, it's just odd. I just called my cousin who lives in San Ramon out of curiosity and he said the gas station closest to his house is at 2.06, which is about 3 cents higher than it was when we stopped there to gas in in September before an A's game.
     
  8. Richard King

    Richard King Hall Of Fame

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    AVerage here in Florida is about $1.99 to $2.01 for regular.
     
  9. Steveox

    Steveox Banned User

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    Apr 21, 2004
    And arnold promised to fix things in california..I KNEW HE WAS A LIAR!! NEVER TRUST AN ACTOR FOR POLITICAL OFFICE!! They know how to brainwash you by using their acting skills to make you belive him. Bustamante would had fixed california he had a better plan then arnold had.
     
  10. Timco

    Timco Woof! DBSTalk Gold Club

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    Just to give everybody a little perspective of gas prices in my neck of the woods (Southern California, southwest Riverside County). This is AAA's best daily price for gas in my area on 10/12/2004:

    Chevron 28900 RANCHO CALIFORNIA RD TEMECULA 2.389 10/12/2004 Regular unleaded
    Chevron 28900 RANCHO CALIFORNIA RD TEMECULA 2.489 10/11/2004 Midgrade Unleaded
    Chevron 28900 RANCHO CALIFORNIA RD TEMECULA 2.539 10/7/2004 Premium Unleaded
    Chevron 27560 JEFFERSON AVE TEMECULA 2.299 10/12/2004 Diesel
    Chevron 27560 JEFFERSON AVE TEMECULA 2.289 10/12/2004 Regular unleaded
    Chevron 27560 JEFFERSON AVE TEMECULA 2.389 10/11/2004 Midgrade Unleaded
    Chevron 27560 JEFFERSON AVE TEMECULA 2.489 10/9/2004 Premium Unleaded
    76 28903 RANCHO CALIFORNIA RD TEMECULA 2.419 10/12/2004 Diesel
    76 28903 RANCHO CALIFORNIA RD TEMECULA 2.389 10/12/2004 Regular unleaded
    76 28903 RANCHO CALIFORNIA RD TEMECULA 2.459 10/11/2004 Midgrade Unleaded
    76 28903 RANCHO CALIFORNIA RD TEMECULA 2.559 10/9/2004 Premium Unleaded
    Chevron 31669 US HIGHWAY 79 S TEMECULA 2.369 10/12/2004 Regular unleaded
    Chevron 31669 US HIGHWAY 79 S TEMECULA 2.469 10/12/2004 Midgrade Unleaded
    Chevron 31669 US HIGHWAY 79 S TEMECULA 2.569 10/11/2004 Premium Unleaded
     
  11. Mark Holtz

    Mark Holtz Day Sleeper DBSTalk Club

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    From The Sacramento Bee:

    [size=+1]Worries rise with gas prices[/size]
    As oil prices relentlessly drive up gas costs, consumers feel pinched and get edgy about the economy


    The surge in crude oil prices sent gasoline soaring to new heights across California on Thursday, rattling motorists, eating into their spending money and chipping away at their confidence in the economy.

    Californians on average paid a record $2.38 for a gallon of self-serve regular, according to figures compiled by AAA. That was 2 cents higher than Wednesday, wiping out the June 1 record of $2.37 a gallon. Records also fell in 15 cities or urban areas, including Sacramento, where gasoline hit $2.32 a gallon.

    Full article here and Graphic
     
  12. cdru

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    <Conpiracy theory hat="on">I predict that there will be a massive influx of the supply of oil, causing a significant decrease in oil/gas prices sometime between now and Nov 2. My guess is Oct 28.
     
  13. Bogy

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    I think if gas prices suddenly dropped on Oct. 28 it would be to late. A lot of people WOULD see that as a conspiracy, and if the purpose was to re-elect Bush it would backfire.

    Please notice I said if. I am not suggesting any conspiricy, merely a combination of greed and market factors.
     
  14. Argono

    Argono Registered User

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    May 21, 2004
    They might see it as a conspiracy, but be happy about it nonetheless. I think Oct. 28th would be a bit late to see any significant drop in gas price.
     
  15. RichW

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    Most Oregonians will have voted long before October 28.

    While we are busy watching oil prices, has anyone noticed how the stock market has dipped recently.
     
  16. Steveox

    Steveox Banned User

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    ITS TOO LATE!! Should have thought of that before beliving arnolds bullshit plan on improving california economy.
     
  17. Timco

    Timco Woof! DBSTalk Gold Club

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    What does this have to do with anything?
     
  18. Lyle_JP

    Lyle_JP Icon

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    Steveox,

    Arnold doesn't set the price of gas in California. Chill out. There are three reasons gas here is so expensive.

    Reason one: The price of crude. This has made gas more expensive everywhere, and is due in large part to the demands made on the world's oil supply by India and especially China. China's consumption of crude oil has spiked 40% in only three years. One of the things we could do is drill for more oil here in the United States to increase supply, but the Ghia-worshipping Democrats won't allow it.

    Reason two: Reformulated gasoline. This was another brilliant idea hatched by Democrats (specifically, California Democrats). Thanks to this law, gas stations may not buy gas from any refinery that doesn't make our "special blend" (which locks out almost every out-of-state refinery), creating a virtual monopoly for Tosco. No competition=high prices. Always.

    Reason three: High gas taxes in this state. Here I can't blame the Democrats entirely. Some of our gas taxes here were part of voter-approved ballot initiatives. The Governor (or Governator, if you prefer), lacks the authority to strike these taxes down.

    Believe it, Mike. The cheapest gas I've been able to find anywhere in the 680 corridor is $2.34, and that's Costco gas, which means you must be a member to buy it. The 76 station next to my house has gone from $2.19 to $2.45 in just the last 10 days.
     
  19. Lyle_JP

    Lyle_JP Icon

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    Please. :rolleyes: The market had two bad days, Wednesday and Thursday. It rebounded today, and has been bouncing around in the same range for the last year, with the general trend for the last two years being solidly and strongly up.
     
  20. Bogy

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    California is not the only place that requires reformulated gas, but in places like Missouri it is limited to the more heavily populated areas of Kansas City and St. Louis. Therefore you end up with just those two relatively small areas which need a different formulation than the rest of the state. Whine another tune, because this is required by the feds.
     
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