Another Gasoline Record

Cyrus · Intermediate Crude Joined: Jan 25, 2005 Posts: 608

We finally broke the 4 dollar mark for Premium here in the Chicacgo burbs. Can't believe it. Went from 3.99 a few days ago to 4.11 for the first time ever. A psychological barrier has been broken.

Armageddon · Posted: Wed May 07, 2008 11:19 pm Post subject: Re: Another Gasoline Record

jimmyz · Posted: Thu May 08, 2008 7:00 am Post subject: Re: Another Gasoline Record

I buy premium. High compression motors require it. Bought this car in 2002 and it's paid for. So buying premium doesn't really bother me. I live 5 miles from work.

Armageddon · Posted: Thu May 08, 2008 8:18 am Post subject: Re: Another Gasoline Record

patience · Expert Joined: Jan 04, 2008 Posts: 1403

Up $.16 to $3.76 here in south Ind. today for the cheap stuff. Louisville area is near $3.80.
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Local fix-it guy..

peak · Tar Sands Joined: Aug 21, 2005 Posts: 79

I've seen a gas station selling $4.01 REGULAR. I'm in CA.

$4.59 for diesel

chuck6877 · Intermediate Crude Joined: May 16, 2005 Posts: 510

It may be posted already in this thread but can someone give me a good link to where they check out the gasoline futures price?

Thanks,
Chuck

Tanada · Posted: Thu May 08, 2008 9:47 pm Post subject: Re: Another Gasoline Record

chuck6877 · Intermediate Crude Joined: May 16, 2005 Posts: 510

Thanks Tanada,

I like how it shows the price of RBOB right there at the homepage even after hours.

Chuck

Mechler · Posted: Fri May 09, 2008 10:16 am Post subject: Re: Another Gasoline Record

Driver's wait for 45 minutes to save 30 cents/gallon:

CNN Video

I don't know - either people are really strapped so that waiting that long to save $3-$5 makes sense, or people are just completely irrational when it comes to gas prices. I think it's both - I know people who would drive all across town to save 3 cents a gallon. And that was when gas was around $2.00.
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"It is certain that free societies would have no easy time in a future dark age. The rapid return to universal penury will be accomplished by violence and cruelties of a kind now forgotten." - Roberto Vacca, The Coming Dark Age

mommy22 · Heavy Crude Joined: Jul 22, 2005 Posts: 264

Sort of off topic, but related to the last post.
Yesterday, in NEOhio, Papa John's pizza, after a derogetory comment about LeBron James, offered pizzas all day for 23 cents. I drove by one and people were in a line around the corner. On the news, it said that people waited 2-3 hours for that pizza.
Either a lot of unemployed with that much time, or some mighty hungry people. Neither good.

Dan1195 · Heavy Crude Joined: Mar 19, 2005 Posts: 245

RBOB is up to $3.20. I am not positive but that $3.80+/national average I think.

Zardoz · Posted: Fri May 09, 2008 7:44 pm Post subject: Re: Another Gasoline Record

FairMaiden · Posted: Sat May 10, 2008 9:34 pm Post subject: Re: Another Gasoline Record

We've seen a large increase here from 1.20 cents/litre to 1.34 centres/litre (thats $5.07/gallon).

Everyone keeps complaining its the gov't taxes...and refusing to believe its anything else. With all the tar sands talk it can't be lack of oil...right!

dukey · Light Sweet Crude Joined: Feb 20, 2005 Posts: 1993

petrol and diesel are fast approaching $10/gallon here (uk) it is pretty much business as usual.

I think if we hit $20/gallon people would start to seriously consider cutting back/driving less