Gas

Just goes to show ya... diesel owners are smarter.. :flipoff2:

I just filled the Mobytruck @ $2.62/gal, 87 was $3.09.. :)
 
I had planned to go to Boone this weekend for the Carolina Jeepster's...Cracker's Neck Run....But at over $400 to tow my rig there and back....Had to put the breaks on!

Last month I bought a Mazda Miata --->25 to 30mpg I drive 45 mins to 1 hour each way. The Tundra was costing over $400 per month when gas was a mere $2.30per gal...

The tow rig now sits with my rig...Both are DS....DAILY SITTERS!

Why can't we all just get along.....---> :flipoff2:
 
CJ4PLAY said:
I had planned to go to Boone this weekend for the Carolina Jeepster's...Cracker's Neck Run....But at over $400 to tow my rig there and back....Had to put the breaks on!

Last month I bought a Mazda Miata --->25 to 30mpg I drive 45 mins to 1 hour each way. The Tundra was costing over $400 per month when gas was a mere $2.30per gal...

The tow rig now sits with my rig...Both are DS....DAILY SITTERS!

Why can't we all just get along.....---> :flipoff2:
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You can blame me. I finally buy a tow rig and trailer and the price of gas goes haywire! Hard to believe it was ~$0.88 just 4 years ago.
 
2.85 in West Jefferson vs. 3.29 in Hickory. I should have waited to fill up
 
Hard to believe it was ~$0.88 just 4 years ago.
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Yeah, and what else was happening just 4 years ago... or more precisely, what WASN'T happening yet? :mad:
 
Ooo, ooo, ooo... I know, I know.

China's fuel consumption hadn't yet ramped up. Worldwide economic growth was stagnant at best. Geopolitical risks in Venezuela and the Middle East were greatly understated (the strikes in Venezuela had yet to occur as well). Indonesian infrastructure hadn't yet declined, affecting production capacities. US consumption had yet to increase by over 2 million BPD, straining already tight refining capacity.

Oh, and don't forget that the market was still recovering from record low crude prices of 1999, when shrinking world economies created a market glut that pushed prices to $12 per barrel.

Do I get a cookie?
 
yes... :flipoff2:
798_250x250.jpg


$12 a barrel (hahaha. those were the days)
 
^^you get a whole box of them. it a shame the majority of other people don't understand, know, or are just too ignorant to care about any of that.
 
saf-t scissors said:
Ooo, ooo, ooo... I know, I know.

China's fuel consumption hadn't yet ramped up. Worldwide economic growth was stagnant at best. Geopolitical risks in Venezuela and the Middle East were greatly understated (the strikes in Venezuela had yet to occur as well). Indonesian infrastructure hadn't yet declined, affecting production capacities. US consumption had yet to increase by over 2 million BPD, straining already tight refining capacity.

Oh, and don't forget that the market was still recovering from record low crude prices of 1999, when shrinking world economies created a market glut that pushed prices to $12 per barrel.

Do I get a cookie?
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OK, I'll buy that, but how can we explain the record high profts the major oil companies are reporting lately? (not baiting, it's a question)
 
And the fact that oil/barral have gone down, since the release of the reserves, and oil donated by certain nations, but I haven't seen a price change at the pump? And the two stations I use in Sanford never ran out.
 
i can't speak for sanford, but i've noticed a 20-30 cent price drop over the past few days around raleigh and rtp/durham.
 
Simple economics, Rich. If the demand climbs disproportionate to supply, price rises. As price and revenue rise, so does profit. If you're selling more of something than you ever have, at higher prices than you've ever been able to command, you're going to make more money.

As for the disparity between crude price fluctuations and retail refined price, see my earlier comments about refinery capacity. We already import 10% of our refined gasoline due to refinery shortages in the US. That situation is even worse now that most of the Gulf refineries are out of commission or are operating at less than capacity.

Increase and diversify domestic refinery capacity and streamline the EPA regulations, and price fluctuations will decrease significantly.
http://www.washingtonpost.com/wp-dyn/content/article/2005/07/28/AR2005072802085_pf.html
 
RufusTheRam said:
i can't speak for sanford, but i've noticed a 20-30 cent price drop over the past few days around raleigh and rtp/durham.
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I don't know about 20-30 cents, but it has gone down maybe three to five cents at a couple places in Durham.

Ehh, it's a start in the right direction, anyhow.
 
20-30 cents on highway 70. maybe more now, didn't bother to look today.
 
I read on FoxNews where all the gulf refineries, platforms, and pipelines were operating at prestorm levels. Lets see how long it takes fuel to come down, if it comes down.

Just for some FYI, at our plant we have 3 10,000 gallon diesel fuel tanks. We recieved our all our regular tankers of fuel and maintained a 20,000 gallon supply for the last 2 weeks. Though I don't believe there was quite the demand diesel as gasoline.
 
BUCKETOBOLTS said:
I read on FoxNews where all the gulf refineries, platforms, and pipelines were operating at prestorm levels. Lets see how long it takes fuel to come down, if it comes down.
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Dude, there's no way you heard that correctly.

http://www.dfw.com/mld/dfw/news/12591130.htm
http://www.contracostatimes.com/mld/cctimes/12589215.htm
http://money.cnn.com/2005/09/08/markets/oil_eia
The Department of Energy said 57 percent of oil production in the Gulf of Mexico was still offline as of Wednesday, although that is down from 95 percent the day after the storm.
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http://www.foxnews.com/story/0,2933,168793,00.html
Some 900,000 bpd of U.S. refining capacity may still be unavailable at the end of September, while four refineries suffered major damage and may remain inoperable for months, the U.S. government's energy department said on Wednesday.
...
Three of eight refineries completely shut by Katrina were back in operation, while offshore oil production has recovered to 43 percent of the region's capacity.
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saf-t scissors said:
I don't think I'm due for another fillup for.... probably 3 wks. Maybe 3 1/2. Hell, if I stretch it, I might make October. :flipoff2:
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I figured I'd top this.

Put gas in the truck today at lunch. Not because it needed it.... it probably had another 80-90mi on that tank. But I figured I'd be pissed if Rita spiked prices again and I had to fill it up next week at $8/gal.

So yeah, if I stretched it out, I probably would have made October. :D
 
I filled up the Excursion yesterday at $2.69 so if the prices do go way up I won't be screwed. :beer:
 
I filled up the dually today. Change back from a $100 yea I wish. Its any where from $2.73 to $2.89 around Burlington. What has realy sucked is NC used to be about $.20 per gal. below the national average since Katrina we have been above it. But hey what you gonna do if you wanna ride you gotta pay.
 
Well, yesterday I watched an offbrand place hike from $2.86 to $2.99 in 24 hrs, but today, they had it back at $2.89. I think somebody jumped a gun there. On the other hand, I'm seeing $2.89 at one station and $2.99 at the next along 70, between Durham and the Miami Blvd split.
 
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