Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
AAA reports the national average price for a gallon of regular unleaded gasoline rose to a record high of $3.989, up 0.6 of a cent from the previous day's high of $3.983.
Get out Zeno's Arrow. Think it'll hit 3.9999983 tomorrow?
doubleplus minirefs premium crackspread lots plus through _________________ Cogito, ergo non satis bibivi
C'mon man, who're you gonna believe?
Joined: Apr 16, 2008 Posts: 121 Location: Western PA, USA
Posted: Fri Jun 06, 2008 11:31 am Post subject: Re: Another Gasoline Record
GoghGoner wrote:
Tuike wrote:
RBOB at 3.40 USD/gal
RBOB at 3.4788. None of the gas stations in my area have broke past 3.99 for unleaded so this should be the straw that breaks $4.
I noticed that when RBOB was at 3.40 a gallon wholesale, retail gasoline where I live was selling for only $3.99 for days after $3.40 wholesale, which is only 59 cents more added on, when it is usually 65 cents. This implies that retailers are probably not making money selling gasoline in order to appease customers. However with RBOB now at 3.47 those gas stations will have to raise prices above $4 a gallon because where I live in my state, a gas station cannot sell gas for a loss.
Posted: Fri Jun 06, 2008 12:59 pm Post subject: Re: Another Gasoline Record
Tuike wrote:
RBOB: $3.50 broken.
3.5650, pretty strong gain today of +20/c. Now, all we need is a little storm brewing in the Gulf and $5.00 (nationally) for retail unleaded will be passed this summer.
Joined: Oct 23, 2004 Posts: 5928 Location: New Jersey
Posted: Fri Jun 06, 2008 2:13 pm Post subject: Re: Another Gasoline Record
We may see some extremely fast price rises for gasoline at local stations in the next few days or so, probably only exceeded by the chaotic conditions after Hurricane Katrina in 2005.
Regular Gasoline Average Prices
USA Canada
Today 3.986 133.420
Yesterday 3.984 133.574
One Week ago 3.970 133.241
One Month ago 3.615 126.838
One Year ago 3.117 112.526 _________________ It's already over, now it's just a matter of adjusting.
Posted: Fri Jun 06, 2008 8:25 pm Post subject: Re: Another Gasoline Record
[quote="nobodypanic"]
Novus wrote:
you know if i had my wish, they're would never be a peak anything. i don't get why some of you can't wait for this thing to break. hell, at the least, i would hope PO would take another 200 years to get here. i am in no rush to see the misery that could follow.
Here is why I'm cheering for peak oil.... Because human beings, and especially we Americans, have an incredibly irrational presumption that they will be provided for. No matter what, the Earth will provide us our daily bread. We assume Mother Nature is limitless in her supply and we assume Mother Nature's arsenal is weak in terms of her penalties against us. Why else would we continually rape Mother Nature without fear of her revenge against us?
While there are people who worship and fear God, I don't. At least not the God or their prophets that many others revere. Rather, I worship and fear Mother Nature. She is not limitless in her supply. Nor is she impotent in her revenge. Many laugh at this view.
So that's why I feel a great deal of admiration when I watch Mother Nature flex her muscles -- thunderstorms, snowstorms, tornadoes, floods, hurricanes, heat waves and yes, peak oil. And when I see Mother Nature harm those who have, at best, taken her for granted or, at worse, harmed her, then I actually take some pleasure from it. Peak oil is one act of revenge by Mother Nature.
I don't mean to offend people, especially those who have been hurt or had loved ones' lives innocently taken by Mother Nature's fury. But to those of you who act in defiance of Mother Nature, if I should witness you suffer from her revenge, don't be surprised if I laugh. I hope no one else has sympathy for you either.
Joined: Jun 30, 2005 Posts: 765 Location: northern California
Posted: Fri Jun 06, 2008 10:45 pm Post subject: Re: Another Gasoline Record
I just got an email from a friend in town (I live 15 miles outside of town) that at 9pm tonight the station changed its price for regular gas 87 octane to $5.00!!!!!!!!!!!!!!!! Diesel is still at $5.509 here _________________ "When men yield up the privilege of thinking, the last shadow of liberty quits the horizon."
Thomas Paine
Joined: Apr 05, 2005 Posts: 2593 Location: South of Atlanta
Posted: Fri Jun 06, 2008 10:53 pm Post subject: Re: Another Gasoline Record
I wonder how much hoarding is going to happen this evening?
I just may go out and fill my 20 gallon stash tonight and avoid the 5-10 cent rise in the next few days. No telling how high it might get with the first Gulf Hurricane. I had my son use last years stash this winter before it went bad in his car.
If enough folks do what Im going to do, just how badly does it affect the Inventory I wonder?
I'm still not believing this is happening so quickly.
Posted: Sat Jun 07, 2008 12:39 am Post subject: Re: Another Gasoline Record
dunewalker wrote:
I just got an email from a friend in town (I live 15 miles outside of town) that at 9pm tonight the station changed its price for regular gas 87 octane to $5.00!!!!!!!!!!!!!!!! Diesel is still at $5.509 here
Joined: Jun 30, 2005 Posts: 765 Location: northern California
Posted: Sat Jun 07, 2008 7:54 am Post subject: Re: Another Gasoline Record
Peleg wrote:
I love your Thoreau quote.
Thanks--Thoreau is possibly the most quotable writer that ever lived. Much of his stuff is more appropriate now than ever. Btw, his little cabin at Walden Pond was only 3 miles from downtown Concord, so he walked the railroad tracks into town on a daily basis, for coffee & socialization. _________________ "When men yield up the privilege of thinking, the last shadow of liberty quits the horizon."
Thomas Paine
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