Diesel prices, $4/gal yet anywhere in NC? Now $5

Discussion in 'Tow Rigs and Trailers' started by drkelly, Mar 14, 2008.

  1. drkelly

    drkelly Dipstick who put two vehicles on jack stands

    Joined:
    Mar 21, 2005
    Location:
    Oak Ridge/Stokesdale, NC
    Maybe I'll take up frisbee golf.
     
  2. maddog411

    maddog411 Well-Known Member

    Joined:
    Mar 22, 2005
    Location:
    Harrisburg, NC
    Time to invest in a WVO machine. :shaking:
     
  3. TonkaToy

    TonkaToy Well-Known Member

    Joined:
    Mar 21, 2005
    Location:
    Sanford
    I got it for 3.99 close to Jrodan Lake on hwy 64. Everywhere else is 4.06 or more.
     
  4. foreman1063

    foreman1063 Well-Known Member

    Joined:
    Jul 11, 2005
    Location:
    Raleigh
    $4.55 in souther Illinois today. I kept driving to Kentucky and got it for $4.05.
     
  5. 99ncxj

    99ncxj Well-Known Member

    Joined:
    Sep 23, 2006
    Location:
    Aliso Viejo, CA
    4.14 near uncc yesterday...150.00 to fill up the F250.
     
  6. GSW

    GSW Well-Known Member

    Joined:
    Mar 21, 2005
    Location:
    Granite Falls, NC
    $4.15 for B5 biodiesel in Hickory this morning.
     
  7. GubNi

    GubNi 8 lug disc brakes?

    Joined:
    Mar 20, 2005
    Location:
    Jonesborough, TN
    Dang, someone is making a killing since it generally cost less than $1.00 per gallon to make.


    My gripe is that a few years ago it was less than $1.00 per gallon. That included about 40 cents in tax, so the cost of refining it, markup, and delivery was less than 60 cents per gallon. Now crude oil costs about $2.00 per gallon, add the 60 cents for refining, etc and 40 cents in tax and it should be $3.00 per gallon, but no it doesn't work that way. They all go by a percentage markup. The higher the cost goes the more money one percent means and the better for all the refineries and middle men. The government should step in a regulate markup like they do for utilities.
     
  8. oneultimateride

    oneultimateride Active Member

    Joined:
    Dec 30, 2007
    Location:
    kannaplois
    crazy prices

    4.46 and still going
     
  9. Eastern

    Eastern Member

    Joined:
    Aug 29, 2007
    Location:
    morrisville
    $4.19 for B20 off of Six Forks Rd in Raleigh
     
  10. vanguard

    vanguard Well-Known Member

    Joined:
    Oct 19, 2005
    Location:
    Apex, NC
    I've had similar thoughts. Like most Americans I'm cautious about doing anything outside of pure capitalism, government control makes me nervous.

    Having said that, there are some areas where pure capitalism doesn't work. If you get syphilis over time it will attack your brain and kill you. The cure is a $.50 dose of penicillin but if you're about to die you'll sell your house for it. You'll go into debt for it. You'll do anything to avoid death. This is an area where government control is required.

    If the government didn't regulate the cost of electricity it would be just as insane. The nature of electricity is such that you're not going to get mom and pop shops springing up and competing to keep the costs low. Instead you'll have one or two providers controlling costs and financially killing you while their profits skyrocket. That's what's happening with gas/diesel right now.

    Is it time for government control? I'm not sure. I'd start by threatening them with it first and see if they'll lower costs. Maybe I'd break up exxon/mobile like they did AT&T? They need to do something to either restore competition or regulate the industry. You can't just raise the cost of transportation and shift all the nation's money to XOM.

    My $0.02 isn't worth what it used to be because energy has caused inflation for every good and service. :D
     
  11. 1stgenxxx

    1stgenxxx Well-Known Member

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    Dec 19, 2005
    Location:
    Hudson
    I think that some regulation is in order.....maybe regulate my foot in XOM's ass
     
  12. SoontobeLifted_72

    SoontobeLifted_72 Well-Known Member

    Joined:
    Nov 11, 2007
    Location:
    Wilmington NC
    How come we cant get a few people in Congress who think rationally...You think those a**holes would understand that if they regulate oil, consumers will have more money to spend on others things, which in turn will stimulate new business growth and the rest of the economy.

    By the way got diesel this morning at Sams Club for $3.99. Thats the cheapest it is in Wilmington.
     
  13. JeepURE

    JeepURE New Member

    Joined:
    Jun 16, 2007
    Location:
    Lexington, NC
    i agree with you folks. seems to me that the gov't could at least put a cap on the % the oil companies can raise their prices. only allow them to increase price up to 20% or something. i mean, a barrel of oil just hit $117, a new record. Exxon has produced record profit numbers the past 2 or 3 quarters. What damage could dropping the price of gas a dollar or two honestly do?
    I think if nobody does something about this, then the country is definitely headed for a recession. Salaries aren't improving with the cost of living.
    I read an article in the Business Journal a couple of weeks ago about a guy who owns a freight shipping company in the Triad. Says he is spending as much as $7500 EXTRA a week in diesel fuel, but due to a weak economy is scared to raise prices for fear of losing customers. http://www.bizjournals.com/triad/stories/2008/04/07/story3.html

    It's freaking ridiculous IMO, but I can't afford a damn hybrid.:poop:
     
  14. JeepURE

    JeepURE New Member

    Joined:
    Jun 16, 2007
    Location:
    Lexington, NC
    Because this nation is run by corrupt politicians. I'd bet that the majority of the :gay: in congress have their grubby little paws in the oil company's pocket. OPEC says jump, they ask how high in mid air.
     
  15. drkelly

    drkelly Dipstick who put two vehicles on jack stands

    Joined:
    Mar 21, 2005
    Location:
    Oak Ridge/Stokesdale, NC
    $4.19/gal at the store 2 miles from my house.
     
  16. GubNi

    GubNi 8 lug disc brakes?

    Joined:
    Mar 20, 2005
    Location:
    Jonesborough, TN
    I heard american consuption is down 2% from same time last year. I think more people are using cheaper cars. I even saw a "Smart" car at Walmart recently.
     
  17. WICKED

    WICKED Active Member

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    Jan 23, 2008
    Location:
    Charlotte
    $4.33 in cornelius
     
  18. brokeass4runner

    brokeass4runner Well-Known Member

    Joined:
    Dec 16, 2005
    Location:
    Charlotte
    $4.25 to $4.45 around Charlotte :shaking:
     
  19. maddog411

    maddog411 Well-Known Member

    Joined:
    Mar 22, 2005
    Location:
    Harrisburg, NC
    For everyone talking about regulating prices, back in the 70's the gov't actually froze prices and wages at least once for 90 days. I think once the regulations where taken off the prices skyrocketed again though....maybe someone on here knows better if that worked very well or not.
     
  20. Jeff B

    Jeff B pool boy

    Joined:
    Dec 23, 2006
    Location:
    Lincolnton N.C.
    4.35 in lincolnton.
     
  21. RenegadeT

    RenegadeT no shirt,no shoes,no dice Moderator

    Joined:
    Mar 24, 2005
    Location:
    Stokesdale-Greensboro
    $4.29 at Eldorado Outpost
     
  22. WICKED

    WICKED Active Member

    Joined:
    Jan 23, 2008
    Location:
    Charlotte
    $4.39 in cornelius now
     
  23. Blkvoodoo

    Blkvoodoo professionally useless Moderator

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    Mar 16, 2005
    Location:
    Archer Lodge
    $4.37 Exxon Poole Rd and New Hope, Raleigh. 8:30am today
     
  24. Paul

    Paul Dr 'Dre Moderator

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    Feb 10, 2008
    Location:
    Kings Mountain
    Went south today. $4.09 in Florence,SC.
     
  25. DOUGHBOYDD2500HD

    DOUGHBOYDD2500HD New Member

    Joined:
    Aug 3, 2005
    Location:
    RTP
    well

    Here in durham, nc the price posted as of 6am was $4.49 a gallon. Word has it that 87 octane will be $4.22 average and diesel is said to be $5.15 a gallon on US average by July 1st 2008. A friend in the oil business warned me this past weekend. :(
     

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