| View previous topic :: View next topic |
| Author |
Message |
olekriri
Tar Sands
Joined: Apr 22, 2008
Posts: 33
|
 Posted: Wed May 14, 2008 6:36 am Post subject: Re: Another Gasoline Record |
  |
|
Tromso, Norway today...
Regular (unleaded, 95 octane): $10.28/gallon
No demand destruction yet as we're used to paying $7-8/gallon for years... |
|
| Back to top |
|
 |
Roy
Intermediate Crude
Joined: Jun 18, 2004
Posts: 750
Location: Western North Carolina
|
| Posted: Wed May 14, 2008 1:00 pm Post subject: Re: Another Gasoline Record |
|
|
$3.75 for regular unleaded here today. Went from $3.50 last Saturday, to $3.63 on Monday, then $3.75 today.
Diesel, on the other hand, holding steady at $4.15.
Still lots of traffic (relative to pop. density here), SUVs, pickups etc. I am noticing a few more motorcycles (mine included) and sub-50cc scooters driving around though.
The real question I have is: What is the 'magic' number for gasoline price that REALLY upsets the apple cart?
My guess is $6.xx/gal -- where the price of gas equals minimum wage.' |
|
| Back to top |
|
|
vision-master
Fusion
Joined: May 18, 2006
Posts: 4324
Location: Minneapolis, MN
|
| Posted: Wed May 14, 2008 1:25 pm Post subject: Re: Another Gasoline Record |
|
|
| Roy wrote: | $3.75 for regular unleaded here today. Went from $3.50 last Saturday, to $3.63 on Monday, then $3.75 today.
Diesel, on the other hand, holding steady at $4.15.
Still lots of traffic (relative to pop. density here), SUVs, pickups etc. I am noticing a few more motorcycles (mine included) and sub-50cc scooters driving around though.
The real question I have is: What is the 'magic' number for gasoline price that REALLY upsets the apple cart?
My guess is $6.xx/gal -- where the price of gas equals minimum wage.' |
Streets are busier than ever around here during the day.
Nothing has changed, yet. It will take at least $6 gal....... |
|
| Back to top |
|
|
Roy
Intermediate Crude
Joined: Jun 18, 2004
Posts: 750
Location: Western North Carolina
|
| Posted: Wed May 14, 2008 2:10 pm Post subject: Re: Another Gasoline Record |
|
|
| Quote: | | No demand destruction yet as we're used to paying $7-8/gallon for years... |
How much, in terms of percent, has your price of fuel increased in Euros, or if you use another currency (forgive my ignorance) has fuel increased there?
I'm wondering if the increase you're seeing may have more to do with US dollars devaluing?
Thanks. |
|
| Back to top |
|
|
whereagles
Intermediate Crude
Joined: Aug 17, 2005
Posts: 579
Location: Portugal
|
| Posted: Wed May 14, 2008 5:04 pm Post subject: Re: Another Gasoline Record |
|
|
| In Portugal, we've gone from 1.00 €/litre in 2003 to 1.45 € in 2008, so that's an easy-to-calculate 45%. |
|
| Back to top |
|
|
FairMaiden
Heavy Crude
Joined: Aug 11, 2005
Posts: 252
Location: Vancouver, BC
|
| Posted: Thu May 15, 2008 1:27 am Post subject: Re: Another Gasoline Record |
|
|
Prices went up again in Canada this week. Last week we saw a 12 cent increase and now they are up another 5 from 5.07 to 5.12/gallon. They are predicting 5.68/gallon for summer driving.
I haven't seen much demand deconstruction here yet. Its still just the evil taxes...even tho taxes here are a constant 22 cents per litre. So they don't increase with the price - they stay constant. This seems to be beyond the average person's understanding. |
|
| Back to top |
|
|
vision-master
Fusion
Joined: May 18, 2006
Posts: 4324
Location: Minneapolis, MN
|
| Posted: Thu May 15, 2008 3:52 pm Post subject: Re: Another Gasoline Record |
|
|
$3.69 gal reg
Paid $3.73 gal in Wis today. |
|
| Back to top |
|
|
joewp
Light Sweet Crude
Joined: Apr 05, 2005
Posts: 1627
Location: Springsteen Country (NJ)
|
| Posted: Thu May 15, 2008 7:39 pm Post subject: Re: Another Gasoline Record |
|
|
It's $3.55/gallon here in cheap gas New Jersey.
But don't envy us, we pay property taxes, sales taxes, use taxes, tolls and any other thing they can tag us for.
_________________
Joe P. United Political Debate
"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb |
|
| Back to top |
|
|
eastbay
Moderator
Joined: Dec 18, 2004
Posts: 4360
Location: One Mile From the Columbia River
|
| Posted: Thu May 15, 2008 7:54 pm Post subject: Re: Another Gasoline Record |
|
|
| joewp wrote: | It's $3.55/gallon here in cheap gas New Jersey.
But don't envy us... |
Oh man, there's no risk of that. 
_________________
Everything is Impermanent. Shakyamuni Buddha |
|
| Back to top |
|
|
frankthetank
Fusion
Joined: Sep 16, 2004
Posts: 4403
Location: Southwest WI
|
| Posted: Fri May 16, 2008 8:50 am Post subject: Re: Another Gasoline Record |
|
|
$.64/gallon in Riyadh, Saudi Arabia...
_________________
"Oil is going up because we use too much oil, and the capacity to replace reserves is dwindling"
-President Bush 11/07/07 |
|
| Back to top |
|
|
dunewalker
Intermediate Crude
Joined: Jun 30, 2005
Posts: 707
Location: northern California
|
| Posted: Fri May 16, 2008 9:54 am Post subject: Re: Another Gasoline Record |
|
|
On Wednesday when I went to town, gas was still at $4.23, but diesel was up, at $5.15. Pretty quiet around town...
_________________
"I believe that a wise Vermonter lives more by lack of expense rather than from income."--some Dartmouth professor from across the river |
|
| Back to top |
|
|
Eli
Fusion
Joined: Jun 18, 2005
Posts: 3886
Location: In a van down by the river
|
| Posted: Fri May 16, 2008 11:43 am Post subject: Re: Another Gasoline Record |
|
|
| diesel is the fuel to watch. |
|
| Back to top |
|
|
Niagara
Heavy Crude
Joined: Aug 17, 2006
Posts: 460
Location: Mt. Hubbert Scenic Lookout
|
| Posted: Fri May 16, 2008 11:55 am Post subject: Re: Another Gasoline Record |
|
|
When the late night comedians (Leno et al.) stop joking about it, it's time to worry.
Samples |
|
| Back to top |
|
|
thor
Heavy Crude
Joined: Jun 21, 2005
Posts: 451
|
| Posted: Fri May 16, 2008 2:41 pm Post subject: Re: Another Gasoline Record |
|
|
The Hague, Holland, Europe
Unleaded 95 ("Euro95") : $9.80/gallon
I asked my colleague at work about these prices and he said: "I won't drive any less". Whoop-dee, what a mindset that is... |
|
| Back to top |
|
|
jbrovont
Intermediate Crude
Joined: Jun 16, 2006
Posts: 644
|
| Posted: Fri May 16, 2008 2:47 pm Post subject: Re: Another Gasoline Record |
|
|
| Fluctuating between $3.969 and $3.999 here. $4.00+ looks like a sure bet for next weekend. |
|
| Back to top |
|
|
|
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
