Another record (archive)

BabyPeanut · Posted: Mon Apr 04, 2005 3:36 pm Post subject:

US DOE EIA figures for the US national average price of regular gasoline is $2.21 7/10.
http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp

savethehumans · Light Sweet Crude Joined: Oct 20, 2004 Posts: 1541

It closed at $57-something. And the first thing the media tried to get across to us is, "But, hey! It's lower than the $57-something it closed at YESTERDAY!"

Guess that means we can sleep peacefully tonight....

frankthetank · Posted: Tue Apr 05, 2005 11:08 am Post subject:

Since last week (Thursday) the gas has gone locally from 2.129 to yesterday 2.259...insane increases. Should be interesting (expensive for some) summer driving season. Smile

These are prices from the cheap stations, all the other ones are @ 2.329

Dan1195 · Heavy Crude Joined: Mar 19, 2005 Posts: 275

I was just thinking, how the price of Crude Oil has continued to hold steady or increase despite the stronger dollar as of late. This would imply that the price is going up against the Euro at a faster pace. I havent seen any Oil Price vs Euro & Dollar graph recently though.

jato · Posted: Wed Apr 06, 2005 5:49 pm Post subject:

Today:

_________________
"Peak oil isn't more than an interesting industry factoid and doesn't have anything to do with the hysterics speculated on ad nauseum around here!" ReserveGrowthRulz

Grimnir · Posted: Wed Apr 06, 2005 10:28 pm Post subject:

bobeau · Tar Sands Joined: Apr 06, 2005 Posts: 69

Grimnir · Posted: Wed Apr 06, 2005 11:34 pm Post subject:

Several months ago I predicted that regular unleaded would hit 2.50 this summer, and "maybe" 3.00 in California. Looks like I may have been overly optimistic!

NevadaGhosts · Intermediate Crude Joined: Aug 20, 2004 Posts: 752

TheSupplyGuy · Posted: Thu Apr 07, 2005 4:37 am Post subject:

The gas around here went DOWN 4 cents to 2.11. Go figure.
_________________
In the long run, men hit only what they aim at. Therefore, though they should fail immediately, they had better aim at something high.-Thoreau
Peak Oil

Desire · Tar Sands Joined: Jun 20, 2004 Posts: 72

Light, sweet crude has just made a semi-dramatic drop to about 50 dollars.
I'm mostly posting this to counter what I see as a collective selectivity in posting price trends.

clv101 · Posted: Thu Apr 14, 2005 9:10 am Post subject:

Yeah, we need to mention the low prices too! I think today's prices are record lows for the year so far. As interesting as day to day prices are though they tell us very little about the fundamental supply and demand of the market. Looking at the 200 day average over the last few years is a better indicator of that.
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"Everything is proceeding as I have foreseen." The Emperor (Return of the Jedi)
The Oil Drum: Europe

nth · Light Sweet Crude Joined: Feb 24, 2005 Posts: 1976

sjn · Posted: Thu Apr 14, 2005 9:55 am Post subject:

Grimnir · Posted: Thu Apr 14, 2005 11:52 am Post subject:

Of course, today's "low" price of $50 would still have been unbelievably high about a year ago.