Gas Prices

[happygirl]

Here it has went up almost 30 cents in just a few weeks. Has anyone else gas prices jumped lately. We are at 2.60

 

[natenapril]

I don't think we have been below 3.50 in over ayear. Right now it's 3.58 We are planning a move back to the states and are looking forward to a dollar a gallon cheaper for gas

 

[MarkBarbieri]

That's interesting. Crude Oil (which is primarily what gasoline is made from) prices plunged from the around $80/barrel down to $72/barrel in early/mid December. They rallied fairly quickly and have been sitting around $80/barrel. I don't suspect that crude prices are behind the increase.

Quick increases in gas prices when crude prices aren't increasing are typically due to refining constraints. This can happen when there is a sharp decline in refining capacity (caused by a refinery accident or a refinery being taken offline for maintainance). I can also happen during the transition between blends. The US is divided into a patchwork of different gasoline blend regulations. If the refiners misjudge the demand for a blend, it can lead to shortages that drive up the price for a brief period in a region.

 

[ICF]

Central Indiana is running about $2.70 now, which is up from where it had been. A month or so ago we were closer to $2.40 - $2.50.

 

[nd5056]

Just topped $3/Gallon in Downtown Chicago...

.

 

[DarthKTrava]

It's between about $2.63 and $2.89 here depending on where you go.

 

[happygirl]

If It keeps rising like it has been I'm afraid what it will be during the summer

 

[Darsa]

We're hovering just under 2.80 for regular here, and it really skeeves me.

 

[cntrygal]

i just paid 2.91

 

[NYPDwife]

We jumped from 2.799 to 2.959 around here. I hate the extra 9 on the end!!

 

[jen0610]

The week before Christmas were were down to $2.35-2.40. Since then, we have just gone up. Currently sitting at $2.67-2.77.

 

[apirateslifeforme]

At the station I usually visit, it's $2.89 (CT, near the MA border). But I stopped at the station right down the street from my DBF's house just over the MA border this morning; I paid $2.73.

 

[cybrkitn]

It's $2.89 where I am. We have 4 gas stations all on the same block and usually Hess is higher than the other 3. This time all 4 are the same price. However, only 2 are stations that are cash/credit same price.

 

[BalooTheBear]

I think that the price of gas is proportional to the cost/demand for crude oil. And, if you look back at the past 2-3 wks, about 80% of the country has been in a deep freeze. Also, most of Europe is having the worst winter weather in decades....

I'd be totally shocked if the price did NOT go up....

 

[ringaswan]

Over $3 a gallon here ...

J's brother lives in F'banks Alaska, and he's been paying $3.69+ lately.

 

[momrek06]

$3.09 for regular here in Southern California.

 

[JerseyJanice]

I paid $2.53/gallon to fill up the other day. Seems like it was $2.30-something a month ago.

 

[kydisneyfans]

I think the cold weather excuse is the one used this week. I don't buy it since nobody goes out when it is cold and snowy anyway, so how can demand be up? Schools were out, businesses closed, even WalMart was dead for several days.

Wholesale refined gas went from the 1.90s to around 2.20 last week, our fuel prices followed suit by going up around a quarter a gallon. It dropped from 2.20 last Thursday to 2.07 right now, and our local station has dropped by 2 cents. That's where the ripoff is occurring.

 

[It'sWDW4me]

Regular was at $2.55 2-3 weeks ago. Now it's $2.85.

I've heard that the price is not only affected by crude oil price but also by the value of the dollar. I guess the dollar's dropped in the last few weeks. Nope - just checked - the dollar's been fairly constant since early December. That blows that theory.

 

[DMickey28]

We were around $2.50 for a long time, since mid-October through Christmas when we moved here. Now we are around $2.65.

This is S. New Hampshire.