strollingbones
Diamond Member
boone nc: $3.30 a gal
canaan valley wv: $3.46
regular gas
canaan valley wv: $3.46
regular gas
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boone nc: $3.30 a gal
canaan valley wv: $3.46
regular gas
It has zero to do with the MEWas 3.13 down here in Florida yesterday. Today it 3.25, 3.39, depending on where you look.
Gotta love those ME assholes.
Nonsense.It has zero to do with the MEWas 3.13 down here in Florida yesterday. Today it 3.25, 3.39, depending on where you look.
Gotta love those ME assholes.
That gas has already been bought and paid for at the lower price.
But they stick it to the consumer and raise prices based on current news.
And then make huge extra profits.
People don't seem to realize.
That it takes several months for oil to be shipped, refined, and then sold at the pumps.
Nonsense.It has zero to do with the MEWas 3.13 down here in Florida yesterday. Today it 3.25, 3.39, depending on where you look.
Gotta love those ME assholes.
That gas has already been bought and paid for at the lower price.
But they stick it to the consumer and raise prices based on current news.
And then make huge extra profits.
People don't seem to realize.
That it takes several months for oil to be shipped, refined, and then sold at the pumps.
The people at the individual stations have to purchase resupply at the higher price, with the fuel they already have in their tanks.
I've been watching this for years and the spreads between the spot price for RBOB and the pump prices remain rather stable.
But they'll have to pay for the next tanker coming in at the higher price.
You really have NFI about how this all works, do you?
Along with large purchasers (like airlines) trying to lock in the current prices.But they'll have to pay for the next tanker coming in at the higher price.
You really have NFI about how this all works, do you?
Perhaps more than you do.
I understand the futures market.
The price increase can just follow the product theu the "pipeline" so to speak, but the furutrs/commodities market sort of gets in the way.
Along with some greed.
But can you blame large buyers for wanting to lock in a price today, when the future possibilities are uncertain?Hovering around $3.25 or so on the midcoast of Maine.
The price topped $100 PB and has just fallen below that number according to the news.
I don't think Libya is the problem, I think fears that Saudi Arabia is in trouble is what's driving the pricing.
Clearly the spiking prices have rot-all to do with the current supply of oil.