• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

I thought gas prices were going higher.........

UDT89

UDT89

Diamond Member
But for whatever reason prices seem to be down 20 cents near me (new york) for regular while premium is still the same. i use premium so I'm still not happy.

I really dont understand..........
 
The pipleine was just a minor blip on our oil scene. (1) That pipeline wasn't carrying much of the oil we use, (2) BP found out it didn't need to fully close that pipeline making the problem half of what it originally thought it would be, and (3) we can just get the oil from other ways. Plus, the problem isn't oil; oil inventories are doing quite well. The real problem is gasoline refining.
 
Originally posted by: dullard
The pipleine was just a minor blip on our oil scene. (1) That pipeline wasn't carrying much of the oil we use and (2) we can just get the oil from other ways. Plus, the problem isn't oil; oil inventories are doing quite well. The real problem is gasoline refining.
Click to expand...

It was mostly just news hype.

I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
 
must be a conspiracy

Don't worry and don't get used to it.. Gas prices will rise back up again.. its almost time for school and the Labor Day holiday is coming shortly.. plus due to the fact cooler weather will be on the way..
I heard Sadaam let out a fart in the court room the other day (WMD).. better raise gas prices...

 
Originally posted by: iamwiz82
It was mostly just news hype.

I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
Click to expand...
That can be true or it can be false. If people still travel, then less flights = more driving = more oil used. But if people stop travelling, then you are correct.

And yes, it was just news hype. CNN article discussing the BP news hype.
 
- BP was able to keep half of their production capacity for the oil pipeline
- OPEC said they were going to be making up for the lost production
- Summer is ending so demand is going down
- Summer is ending so the gov't mandated summer blends are going to be going away. These blends increase the cost of gas.
 
Originally posted by: iamwiz82
I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
Click to expand...

Plane gas != car gas

Two completely different products.
 
Originally posted by: Queasy
Originally posted by: iamwiz82
I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
Click to expand...

Plane gas != car gas

Two completely different products.
Click to expand...
That both come from the same raw material... jesus H

 
Originally posted by: Queasy
Originally posted by: iamwiz82
I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
Click to expand...

Plane gas != car gas

Two completely different products.
Click to expand...

This is going to blow you away, but crude oil is refined into many things 😉

product / percentage of one barrel

Finished Motor Gasoline 19.65
Distillate Fuel Oil 10.03
Kero-Type Jet Fuel 4.07
Residual Fuel Oil 1.72
Still Gas 1.85
Petroleum Coke 2.18
Liquefied Refinery Gas 1.68
Asphalt and Road Oil 1.34
Naptha for Feedstocks 0.67
Other Oils for Feedstocks 0.55
Lubricants 0.46
Special Naphthas 0.13
Kerosene 0.17
Miscellaneous Products 0.17
Finished Aviation Gasoline 0.04
Waxes 0.04
 
Originally posted by: TheSlamma
Originally posted by: Queasy
Originally posted by: iamwiz82
I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
Click to expand...

Plane gas != car gas

Two completely different products.
Click to expand...
That both come from the same raw material... jesus H
Click to expand...

Yes, they come from the same material. Afterwards they are seperated at the refinery and are completely different products. The increased or decreased demand for plane gas would only slightly affect the price of gas because (as iamwiz pointed out) car gas is by far the #1 product to come from a barrel of oil.
 
Hasn't really dropped at all in California.
But once again this is California.
You know I fail to see how great California is if we have to resort to prostitution (to petrochemical companies) to live.
 
Originally posted by: UDT89
but why is premium still at 3.40 by me? its 40 cents higher than regular
Click to expand...

40 cents higher? I've seen it 20-25 cents higher than regular but never 40. That is just....strange.
 
Originally posted by: Queasy
Originally posted by: UDT89
but why is premium still at 3.40 by me? its 40 cents higher than regular
Click to expand...

40 cents higher? I've seen it 20-25 cents higher than regular but never 40. That is just....strange.
Click to expand...

i drove by 4 or 5 places. between $3.05 and $3.11 for regular and Premium was $3.41-$3.49
 
Originally posted by: iamwiz82
Originally posted by: Queasy
Originally posted by: iamwiz82
I believe gas prices have gone down because of the recent plane scares. Less flights = less used oil.
Click to expand...

Plane gas != car gas

Two completely different products.
Click to expand...

This is going to blow you away, but crude oil is refined into many things 😉

product / percentage of one barrel

Finished Motor Gasoline 19.65
Distillate Fuel Oil 10.03
Kero-Type Jet Fuel 4.07
Residual Fuel Oil 1.72
Still Gas 1.85
Petroleum Coke 2.18
Liquefied Refinery Gas 1.68
Asphalt and Road Oil 1.34
Naptha for Feedstocks 0.67
Other Oils for Feedstocks 0.55
Lubricants 0.46
Special Naphthas 0.13
Kerosene 0.17
Miscellaneous Products 0.17
Finished Aviation Gasoline 0.04
Waxes 0.04
Click to expand...



/Beavis voice on Uh huh Lubricants /Beavis Voice off
 
The pipeline did not affect the prices simply because it's BP's fault.
Not spotting problems like this when you have sonar equipment available that do the detecting from inside the pipe while it's still working.....

Oh well, they lose cash on this, not us, for once...
 
Originally posted by: Mokmo418
Oh well, they lose cash on this, not us, for once...
Click to expand...

I wouldn't call it "lose" cash I would say they just don't make as much profit is all.. they are always making money with these prices.

 
I am glad that they are not...its just a scam to grab more of our $$$ with whatever excuse they can think of
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top