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Gas prices rising again

WaTaGuMp

WaTaGuMp

Lifer
I have been trying to find out why gas is going up right now. Has anyone seen or heard anything in the news, I cant find out why. I remember years ago when gas was at around $1.50 here in socal, and it was November.
 
I'm paying £1.17-£1.20 odd for a dam litre! It chugs £65 for 230miles!

Koing
 
WaTaGuMp said:
I have been trying to find out why gas is going up right now. Has anyone seen or heard anything in the news, I cant find out why. I remember years ago when gas was at around $1.50 here in socal, and it was November.
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I'm sure people can remember when gas was 99 cents in Socal in November.
 
Kids. 😉

Why I remember waaaay back when gas was .30/gal and they even checked your oil, tire pressure, cleaned your windshield, and if you bought enough gas (like 5 gal.) they gave you crap like glasses, plates, etc.

Times have changed.
 
Gas went up because for some reason we think that having a stock market that can buy commodities was a good idea.

Great, so oil prices can bounce like a yo-yo regardless of actual demand, supply, or any other economic limiters? It just goes because someone thinks it would be a good investment? They don't even BUY the actual oil!

Honestly, although I am now car commuting, I would not mind seeing gas prices go back to the $4 range simply because we got some nice engine designs out of it. Cars with horespower that is 20%-100% more than what we had 15 years ago at the same or better milage and less of a push for larger "I can't see around your Ford's fat ass on the highway, why the hell do you have a bumper as high as my windshield?" vehicles.

They also finally started making Hybrids look better.


But yeah, I was wondering why the prices just a month or two ago were at $2.40 regular and they have jumped back up ove $2.60.....
 
Meghan54 said:
Kids. 😉

Why I remember waaaay back when gas was .30/gal and they even checked your oil, tire pressure, cleaned your windshield, and if you bought enough gas (like 5 gal.) they gave you crap like glasses, plates, etc.

Times have changed.
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We had a station that had the .299 painted on the sign. Never see that again.
 
It's because summer is here and everyone price gouges since everyone is driving more.

Oh wait, that's not it. Damn liars and speculations.

Is there really any method to the madness? If things like this and stocks were simple to analyze, everybody would be rich already... instead, it's just called gambling.

Company posts $3billion in PROFIT, up 12%, and the stock dives $5. FVCK YOU I needed a new kitchen.
 
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Oh, what about the 9/10¢?

Do we still need that? When gas was 20¢ a gallon, that 0.9¢was a good +4% snuck in there to make people think that 19.9 was really 19.

But now? 2.699 is 2.70. It is just annoying they still have that. What other commercially purchased product does this on the open market?
 
Meghan54 said:
Kids. 😉

Why I remember waaaay back when gas was .30/gal and they even checked your oil, tire pressure, cleaned your windshield, and if you bought enough gas (like 5 gal.) they gave you crap like glasses, plates, etc.

Times have changed.
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Yep...and gas wars...when stations would start dropping prices to get your business. I remember seeing the price of gasoline drop hourly until they hit about 20 cents/gallon...then they'd start drifting back up.
Fucking Arab oil embargo of the 70's FUBAR'D that forever.

<sigh>
 
rh71 said:
It's because summer is here and everyone price gouges since everyone is driving more.
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It's October 😛.

I thought that gas prices always went up in the winter because of more crude being used for producing other fuels (such as propane) for heating purposes.
 
frostedflakes said:
Drive for five?
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Drive is for $6 this year

10-20-2010 Expert predicts oil prices will skyrocket


http://wbz.cbslocal.com/2010/10/18/expert-predicts-oil-prices-will-skyrocket/


It might be a good time to pay attention to oil prices. Oil industry analyst John Kilduff tells WBZ Newsradio he things that home heating oil prices will go up during the next couple of months. And he predicts prices as high as $4 a gallon as we head into the colder months.


Kilduff says there are two reasons. First, that OPEC is pushing for oil to sell at 100 dollars a barrel, and that the Federal Reserve may start printing more money that would have an inflationary impact on the global market.
 
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