Gas Price Check...

[Beemerguy53]

Prices hit $4.19 in southcentral PA this morning. It doesn't help that PA has the 3rd highest gas tax in the country.

The silver lining in the cloud is that I retired 6 years ago and don't have to commute anymore.

When I retired from my fire service career in 2004, I started what I thought was going to be my retirement job...but after 18 years it's a second career.

I'll be 69 in two weeks. I jokingly tell my co-workers -- all of whom are younger than I am -- that I plan to pull the plug for good in another two or three years, but since I'm on KMA time, I can leave when I want.

I drive 76 miles round-trip each day to my office, and both of my cars require premium fuel and get about 25 miles per gallon. Right now it's costing me $13 in gas, plus $2.40 in tolls, to go to work every day. That's $308 I would add to my monthly income simply by not working...it does make a man think...

 

[BigBoy99]

Why has the price of fuel increased? The actual petroleum product being sold at the pumps has probably been in the US for several months and was purchased by the oil companies when the price of crude was much lower. The actual more expensive crude is probably still in the ground or sitting in a storage tank in some foreign country, awaiting shipment to the US. Why are we in the US paying for the higher price for petroleum product which at not even here? I'm seeing oil company greed.

 

[quikdraw67]

No. Not gouging. Do you watch prices at all. Oil is 115.00 a barrel now. Look before you speak.
Do you know what it was a week ago?
If oil from Russia gets sanctioned, look for 6-7 a gallon.

This is a price WE, as Americans living in a free society can pay to help Democracy, if that's what it comes to.

Or you can feel free to do This as well.'I Just Can't Stand By': American Veterans Join the Fight in Ukraine

That gas was already in the ground. If they got a tanker that morning. different story. But they didn't. So that's gouging.

I understand how it works. Oil is a commodity.

 

[OLDSTER]

$3.89 here. I'd gladly pay $6.00+ for a year if it meant cutting off Putins' oil and helping Ukraine.

 

[Greyman50]

Yep, this is not supply and demand issue, its a contrived situation by those in charge.
Solution is quite simple, explore more, drill more, complete All supply pipe lines, build/ open refineries and STOP exporting ANY of our petroleum products .
If your and your neighbors houses are on fire, put fire out in YOUR house FIRST.

 

[ladder13]

I’ll pay whatever it takes to stop buying foreign oil.

Shell just bought a bunch of Russian oil at discount, I’m done with them, and their weak excuse for it.

 

[luvsmiths]

That gas was already in the ground. If they got a tanker that morning. different story. But they didn't. So that's gouging.

I understand how it works. Oil is a commodity.

And the following tanker is what they set up for in price, not the one they just bought.

I got your point though. When a barrel goes down, they don't drop quick. But they have to set up for the increases they will be paying also. Thats just how it works, whether you or me like it or not.

Gouging would be like that hurricane in TX where they went up just for kicks.

 

[luvsmiths]

I’ll pay whatever it takes to stop buying foreign oil.

Shell just bought a bunch of Russian oil at discount, I’m done with them, and their weak excuse for it.

And I'm thinking a LOT of people are going to be done with them. We'll see this week.
I'll keep an eye on their stock price. That is where it will show.

BP cut out of a bunch of deals with Russia right after, and stock got hammered, but I think it'll come back. They did the right thing.

 

[pantannojack]

Some folks, the ones I no longer talk to, are celebrating.

 

[luvsmiths]

Yep, this is not supply and demand issue, its a contrived situation by those in charge.
Solution is quite simple, explore more, drill more, complete All supply pipe lines, build/ open refineries and STOP exporting ANY of our petroleum products .
If your and your neighbors houses are on fire, put fire out in YOUR house FIRST.

I'm not 100% on what I am about to say, so someone here correct me if wrong.

From what I understand, it is cheaper for us to import oil, and sell ours, than the cost to refine everything we drill here. Could be BS but it went that we would be paying lots more at pump for our own oil.

Anyone know more about this and what the actual facts are?

 

[Onomea]

.... NZ$3.06/US$4.43.7 per litre for 91 octane, our lowest. $3.38.0/$4.91.5 for 98, our "premium" fuel.

91 octane, your lowest, is usually considered premium in the US, although 93 and 93 are also premium.

I've never heard of 98.

Regular here is typically 87.

Do you know why the octane ratings are so high in Kiwiland?

 

[bigwheelzip]

The US uses the average of two different types of octane measurement standards, NZ just uses one type of measurement standard.

US averages both Research and Motor standard results (RON + MON)/2 and NZ uses just RON

Sent from my motorola one 5G using Tapatalk

 

[walkin jack]

Cheap and Gas. Two words that are mutually exclusive... Where will it end ?!?!

 

[silverstateS&W]

Reno Nv $4.69 .good thing we have no income tax.

 

[yaktamer]

Do you know why the octane ratings are so high in Kiwiland?

I think it has something to do with the water in the bathtub circling the drain in the opposite direction in the Southern Hemisphere.

 

[ironhead7544]

Winchester VA yesterday at noon: $3.79 but some stations were a bit higher.

I am glad my HD Sportster gets good mileage.

 

[fordson]

Update to my previous post:
NE Florida, greater Jacksonville area. Wednesday, regular was $3.49; Friday, $3.79. Today, $3.99.
Got nothing snarky to say……..

 

[UncleEd]

According to one report I
heard today, the U.S.imports
no more than 7 percent of its
oil from Russia. And that is
to serve Hawaii, the West
Coast.

It is the Europeans who will
pay the most, at least
initially, and suffer from
any cutoff which will affect
many of its industries.

 

[djohns6]

$3.89 today . Up since yesterday .

 

[Ματθιας]

Gas actually went down at the Circle K $3.87.

There might be a gas war between it and the Walmart neighborhood market.