2014 Gasoline Price Forecast

Page 2 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
Status
Not open for further replies.

allisolm

Elite Member
Administrator
Jan 2, 2001
24,986
4,322
136

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Not sure what "as usual" means but last year Dave posted the 2013 Predictions thread and cited the experts prediction that national gas prices would not top $4 in 2013 - and that's exactly what happened. In fact, I think the highest national avg was around $3.75. http://www.gasbuddy.com/gb_retail_price_chart.aspx?time=12

From 12-29-2012

I think they are wrong on Gas.

The drive for Five is fully alive.

Gasoline has always been plentiful and oil has been plentiful.

Gas is the number one export of the United States.

That will not change.

In fact they will ship more out of the U.S. while having Americans pad their pockets with higher and higher profits.

While they may not be getting $5 or even $4, they are still getting a high price for a product they have tons of excess supply of while lying that they don't have an excess supply of it all the time.

They always say they have "maintenance issues" for an excuse for 30 cent jumps but the fact remains they have plenty to ship out of the country while using the excuse they can't make enough.
 

CLite

Golden Member
Dec 6, 2005
1,726
7
76
While they may not be getting $5 or even $4, they are still getting a high price for a product they have tons of excess supply of while lying that they don't have an excess supply of it all the time.

They always say they have "maintenance issues" for an excuse for 30 cent jumps but the fact remains they have plenty to ship out of the country while using the excuse they can't make enough.

Who is making the excuse that they can't make enough? Can you post a relevant & recent article with quotes of "them" saying "they can't make enough"?

Refinery maintenance is planned one or two years in advance. Turnarounds are necessary because this equipment operates at extremely high temperatures and pressures 24 hours a day for years on end. It is impossible to never shut down, so they pre-plan the shutdowns as precisely as possible to limit the time the repairs take. They don't just randomly shut-down refineries for "maintenance issues".

In general refineries are making more gasoline than the USA is consuming, what do you suggest they do? store it underground forever?
 

First

Lifer
Jun 3, 2002
10,518
271
136
While they may not be getting $5 or even $4, they are still getting a high price for a product they have tons of excess supply of while lying that they don't have an excess supply of it all the time.

They always say they have "maintenance issues" for an excuse for 30 cent jumps but the fact remains they have plenty to ship out of the country while using the excuse they can't make enough.

You've been badly, badly wrong about gas, milk et al. Time to move on with your life.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
While they may not be getting $5 or even $4, they are still getting a high price for a product they have tons of excess supply of while lying that they don't have an excess supply of it all the time.

They always say they have "maintenance issues" for an excuse for 30 cent jumps but the fact remains they have plenty to ship out of the country while using the excuse they can't make enough.

WHO is saying they have issues?

Prices are dictated by the market, not some guy in a secret room wearing spiked gloves and petting a black cat on his lap.

Prices are determined by supply and demand. Your response of course will be the same as all other liberals: conspiracy theory nonsense.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Originally Posted by dmcowen674
While they may not be getting $5 or even $4, they are still getting a high price for a product they have tons of excess supply of while lying that they don't have an excess supply of it all the time.

They always say they have "maintenance issues" for an excuse for 30 cent jumps but the fact remains they have plenty to ship out of the country while using the excuse they can't make enough.



WHO is saying they have issues?

Prices are dictated by the market, not some guy in a secret room wearing spiked gloves and petting a black cat on his lap.

Prices are determined by supply and demand. Your response of course will be the same as all other liberals: conspiracy theory nonsense.

Either you have your head up your ass or you work for the Thug Industry like that Londo idiot.

The news articles always cite "maintenance" issues when they jack the prices.

They no longer use the bullshit "supple and demand" since gasoline is the number one export of the United States and everyone knows this.

So they use maintenance excuse to jack prices.

Speaking of jacking prices, now up in the $3.50's and climbing fast so getting very close to being able to laugh at the so called "experts" very early in the new year that they said goodbye to $4 gas.

Looks like not only will be over $4 but the drive for $5 is certainly alive and well for 2014 as well.
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
JMapleton:
WHO is saying they have issues?

Prices are dictated by the market, not some guy in a secret room wearing spiked gloves and petting a black cat on his lap.

Prices are determined by supply and demand. Your response of course will be the same as all other liberals: conspiracy theory nonsense.


He has been corrected on countless occasions; many times shown exactly and plainly how he was massively wrong on a prediction, but what you will not see is contrition. He never admits failure. He doubles down. That's exactly what he did in the post above this one. It is a personality flaw, but it's been there so long he'll never evolve beyond it.
 

OverVolt

Lifer
Aug 31, 2002
14,278
89
91
This is BS. I read another thread that said $30 gas and $10/milk by 2009.

IKR the average persons pay determines these things. So goes wages so go the prices. I was actually impressed with how low prices were this holiday season.
 

ralfy

Senior member
Jul 22, 2013
485
53
91
From what I remember, the forecast was made before 2005. That is, by 2010, oil price would plummet to less than $30 because conventional oil production would soar to over 100 Mb/d.

What happened instead was that conventional production barely exceeded 75 Mb/d, with increasing demand met by more expensive unconventional production. The result is now a tripling in oil prices. This is also why the IEA finally acknowledged in 2010 that peak oil had started in 2005.

The belief is that unconventional oil will not last as it has not only high energy returns but steep decline curves. Meanwhile, it will have to be used to meet a combination of increasing demand from the rest of the world (and offsetting demand destruction in the U.S., EU, and Japan due to economic crises) and the threat of declining conventional production (as seen in output from the six major players, negative spare capacity forecasts, etc.).

How much will be needed? According to the IEA, given a demand increase during the last three decades of 2 pct per annum, we will now need the equivalent of one Saudi Arabia every seven years just to maintain economic growth. If the global middle class continues to grow (up to around 50 pct of the world's population by the end of the decade), then even more energy and resources will be needed.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Here's an excuse to raise prices:

12-31-2013

http://news.yahoo.com/train-collision-north-dakota-sets-oil-rail-cars-004424603--sector.html

North Dakota town mostly evacuated after fiery oil train crash



Cass County Sheriff Paul Laney told CNN that 10 to 12 cars of the 106-car BNSF Railway Co oil train were still burning about a mile west of the town of Casselton.


The BNSF train on Monday struck a 112-car train carrying soybeans that had derailed. The crash set about 21 cars on fire and no injuries were reported, BNSF, a unit of Berkshire Hathaway Inc, said in a statement.


The crash was the latest in a string of accidents that have raised alarms over the growing oil-by-rail traffic from shale oil production out of North Dakota's Bakken fields. More than two-thirds of the state's oil production is shipped by rail.
 

CLite

Golden Member
Dec 6, 2005
1,726
7
76
This New York City Video news article claims station owners only get 10 cents a gallon so they are closing most gas stations so the few that remain can charge more.


12-31-2013

http://news.yahoo.com/video/why-gas-stations-disappearing-brooklyn-005109918.html

Why Gas Stations are Disappearing in Brooklyn

More fuel efficient city hybrids/taxis/etc., safer public transportation = less demand for gasoline = less gasoline stations?

Sounds like a conspiracy to me, you probably get a gun-stockpile to prepare for a revolution against the thug oil industry.
 

Meghan54

Lifer
Oct 18, 2009
11,528
5,045
136
This New York City Video news article claims station owners only get 10 cents a gallon so they are closing most gas stations so the few that remain can charge more.


12-31-2013

http://news.yahoo.com/video/why-gas-stations-disappearing-brooklyn-005109918.html

Why Gas Stations are Disappearing in Brooklyn


Congratulations! Thanks for misrepresenting something, again! Did you even watch the damned thing you linked?

Here's a hint: The claim wasn't the gas stations were being shut down so the others could charge more, it was that the leases of some gas stations weren't being renewed so high rises could be built on that land for more profit. Had not a damned thing with raising gas prices.

But you did manage to pull out one car driver's statement expressing his fear that this was going to raise gas prices and use that lone statement, from an expert in the field, I'm sure, to create your incorrect posting title/hysterical nonsense.

But, it was NOT the focus of the video.

Geez.......
 
Last edited:

allisolm

Elite Member
Administrator
Jan 2, 2001
24,986
4,322
136
This New York City Video news article claims station owners only get 10 cents a gallon so they are closing most gas stations so the few that remain can charge more.


12-31-2013

http://news.yahoo.com/video/why-gas-stations-disappearing-brooklyn-005109918.html

Why Gas Stations are Disappearing in Brooklyn

That video says landlords are raising rents on expiring gas station leases in order to make way for higher rent apartment buildings. Nothing at all about closing some stations so that others can make more money. Sheesh.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
Either you have your head up your ass or you work for the Thug Industry like that Londo idiot.

The news articles always cite "maintenance" issues when they jack the prices.

They no longer use the bullshit "supple and demand" since gasoline is the number one export of the United States and everyone knows this.

So they use maintenance excuse to jack prices.

Speaking of jacking prices, now up in the $3.50's and climbing fast so getting very close to being able to laugh at the so called "experts" very early in the new year that they said goodbye to $4 gas.

Looks like not only will be over $4 but the drive for $5 is certainly alive and well for 2014 as well.

dmcowen, Prove to us "they" have "plenty to ship out"? Where do you cite this information?

You offer no evidence for your statements. Just wild assumptions.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
dmcowen, Prove to us "they" have "plenty to ship out"? Where do you cite this information?

You offer no evidence for your statements. Just wild assumptions.

Get your head out of your ass, it is 2 year old news that gasoline is the number one export of the United states

12-31-2011

http://www.huffingtonpost.com/2011/12/31/united-states-gas-export_n_1177559.html

Gas And Other Fuels Are Top U.S. Exports



For the first time, the top export of the United States, the world's biggest gas guzzler, is – wait for it – fuel. Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990


It will also be the first year in more than 60 that America has been a net exporter of these fuels.


Just how big of a shift is this? A decade ago, fuel wasn't even among the top 25 exports. And for the last five years, America's top export was aircraft.


The trend is significant because for decades the U.S. has relied on huge imports of fuel from Europe in order to meet demand. It only reinforced the image of America as an energy hog.



And up until a few years ago, whenever gasoline prices climbed, there were complaints in Congress that U.S. refiners were not growing quickly enough to satisfy domestic demand; that controversy would appear to be over.


The U.S. is using less fuel because of a weak economy and more efficient cars and trucks.

That allows refiners to sell more fuel to rapidly growing economies in Latin America, for example. In 2011, U.S. refiners exported 117 million gallons per day of gasoline, diesel, jet fuel and other petroleum products

Refining companies won't say how much they make by selling fuel overseas. But analysts say those sales are likely generating higher profits per gallon than they would have generated in the U.S.

And there's a simple reason why America's refiners have been eager to export to these markets: gasoline demand in the U.S. has been falling every year since 2007.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
Get your head out of your ass, it is 2 year old news that gasoline is the number one export of the United states

That says absolutely nothing about how much supply is currently available!

Of course it's the number one export, we have some of the largest oil producing regions in the world (Texas, North Dakota, Alaska, the Gulf, etc).

But that says nothing about how we have "plenty of supply" relative to demand.

You cannot be serious. You have to be trolling.
 

Meghan54

Lifer
Oct 18, 2009
11,528
5,045
136
This New York City Video news article claims station owners only get 10 cents a gallon so they are closing most gas stations so the few that remain can charge more.


12-31-2013

http://news.yahoo.com/video/why-gas-stations-disappearing-brooklyn-005109918.html

Why Gas Stations are Disappearing in Brooklyn


Well, I'm not surprised you did not defend your completely ignorant and stupid claim you made in this post when you tried to defend the gasoline supply post made by JMapleton.

Not surprising at all......
 
Status
Not open for further replies.