SUPERQUACK
Champion Author
Sacramento
Posts:6,131
Points:1,912,805
Joined:Jun 2007
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Message Posted: Sep 9, 2010 2:25:16 PM
Let's see if prices go down
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honda0105
Champion Author
Tallahassee
Posts:18,643
Points:1,611,470
Joined:Nov 2008
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Message Posted: Sep 9, 2010 5:08:36 AM
tomok: you hit that nail on the head! As long as consumers don't make the connection between diesel and higher cost of goods (esp. groceries) we will never see lower prices for diesel again. And the gas prices long have decoupled from a normal supply and demand system.
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honda0105
Champion Author
Tallahassee
Posts:18,643
Points:1,611,470
Joined:Nov 2008
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Message Posted: Sep 9, 2010 5:04:52 AM
sabob: it wasn't like that all the time. Only since about 2007/2008 has diesel gone higher and higher. Why? Because Pig Oil CAN and truckers (the main consumers of diesel) don't have enough of a voice.
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sabob
Champion Author
Pennsylvania
Posts:12,510
Points:1,129,245
Joined:Dec 2008
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Message Posted: Sep 8, 2010 4:28:10 PM
How about diesel fuel, why don't someone post the inventories for it?? Maybe then we wouldn't be paying 40 cents more per gallon. Highway robbery!!
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tomok
Champion Author
Portland
Posts:33,059
Points:2,347,460
Joined:Aug 2006
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Message Posted: Sep 8, 2010 8:10:00 AM
‘supply for this time of year is the highest its been since records started being kept in 1990.’
Lower fuel prices at the pump would be nice but it will never happen when big oil, refineries and those speculators can manipulate the fuel price.
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remay
Champion Author
Houston
Posts:6,973
Points:2,118,590
Joined:May 2006
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Message Posted: Sep 8, 2010 7:35:14 AM
Ok, that's a wrap.
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Dr Gas
Champion Author
Twin Cities
Posts:3,270
Points:358,505
Joined:May 2004
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Message Posted: Sep 8, 2010 7:31:50 AM
Nice title - The season for driving is over - now you have to WALK!
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VDubBill
Champion Author
Jacksonville
Posts:3,765
Points:1,263,870
Joined:May 2008
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Message Posted: Sep 8, 2010 5:18:03 AM
Now it's back to walking up hill, both ways, in the snow.
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honda0105
Champion Author
Tallahassee
Posts:18,643
Points:1,611,470
Joined:Nov 2008
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Message Posted: Sep 8, 2010 5:06:42 AM
Cachase: it would, if it wasn't for one tiny problem: specutraitors.
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honda0105
Champion Author
Tallahassee
Posts:18,643
Points:1,611,470
Joined:Nov 2008
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Message Posted: Sep 8, 2010 5:06:15 AM
hmmmm.. summer schmummer... didn't drive more or less than normal.
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DellDude2
Champion Author
Nashville
Posts:9,420
Points:2,123,710
Joined:Aug 2005
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Message Posted: Sep 8, 2010 4:45:57 AM
I'm always sad to see summer go.
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Cachase1
Champion Author
Oklahoma City
Posts:11,460
Points:2,382,055
Joined:Aug 2003
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Message Posted: Sep 8, 2010 4:45:42 AM
More supply and less demand should equate to lower prices in the real world.
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jmg144
Champion Author
Maryland
Posts:9,711
Points:2,903,060
Joined:Jul 2004
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Message Posted: Sep 8, 2010 4:42:11 AM
ANother measure that both consumer and industrial usage is substantially down.
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dslxcur
Champion Author
Seattle
Posts:1,983
Points:1,526,250
Joined:Sep 2007
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Message Posted: Sep 8, 2010 4:41:37 AM
Dang! ............................................
So much for Summer.........................................
It's a Barrel of Fun....................................
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Tru2psu2
Champion Author
Winston-Salem
Posts:14,481
Points:1,556,605
Joined:Feb 2004
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Message Posted: Sep 8, 2010 4:38:09 AM
We'll do some of our most traveling in Sept!
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jimraehl
Champion Author
Utah
Posts:7,074
Points:1,638,540
Joined:Sep 2008
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Message Posted: Sep 8, 2010 4:35:37 AM
Still waiting for lower prices in Utah (now about 2.87 for regular). Meanwhile I saw 2.37 in Kansas City. Slight difference.
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afghaned
Champion Author
Hamilton
Posts:11,827
Points:1,287,635
Joined:May 2004
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Message Posted: Sep 8, 2010 4:35:33 AM
In order to save money people chose STAYCATIONS. They visited local points of interest rather than spend money on fuel to travel. It's good for the local economy & many people have rarely visited tourist spots in their own back yard.
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vamike
Champion Author
Virginia
Posts:5,336
Points:1,366,900
Joined:Dec 2008
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Message Posted: Sep 8, 2010 4:24:44 AM
Prices haven't changed here at all in the past week.
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Beau2140
Champion Author
New York
Posts:8,306
Points:1,659,110
Joined:Oct 2008
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Message Posted: Sep 8, 2010 4:23:06 AM
People chose closer destinations.
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pgerassi
Champion Author
Milwaukee
Posts:10,906
Points:2,133,555
Joined:Apr 2007
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Message Posted: Sep 8, 2010 4:22:49 AM
While driving may be up slightly this summer, MPG is much higher plus ethanol usage is up, thus gasoline and diesel use rates are down. With hybrids and electrics making debuts early next model year (Ford is planning on a March 2011 update making 2012 models then), this will continue (0-3% more driving, but the average MPG goes up 3-6% and ethanol will be allowed to get to 15% from 10% yielding a 3-5% drop in gasoline demand next summer). The 2012 summer will see more PHEVs which will hasten this trend of demand falling.
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harleydoctor
Champion Author
Kansas
Posts:7,355
Points:1,930,535
Joined:Sep 2005
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Message Posted: Sep 8, 2010 4:22:22 AM
Yep its wrapping up alright, cause we can't afford another trip. We need to see a whole lot of new faces in Washington period..........
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FMREALTOR
Champion Author
Florida
Posts:6,415
Points:1,698,955
Joined:Jan 2007
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Message Posted: Sep 8, 2010 4:21:38 AM
So, our summer 'driving' season was a flop.
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LeeFree
Champion Author
Pittsburgh
Posts:9,161
Points:2,245,400
Joined:Jun 2005
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Message Posted: Sep 8, 2010 4:21:05 AM
Which proves we got gouged at the pump all summer.
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Byrde
Champion Author
Ontario
Posts:7,818
Points:1,577,275
Joined:Aug 2005
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Message Posted: Sep 8, 2010 4:05:31 AM
What happened to Canada AND Mexico. Last time I looked we were also part of North America. Typical Americans. They *are* North American Piffle!!
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fratt
Champion Author
Grand Rapids
Posts:9,835
Points:2,646,880
Joined:Jul 2005
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Message Posted: Sep 8, 2010 4:01:41 AM
Great one Pozole!
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gabbygusIN
Champion Author
Indiana
Posts:7,241
Points:1,560,850
Joined:Oct 2008
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Message Posted: Sep 8, 2010 3:57:59 AM
I agree with you Pozole!!
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BigDogOH
Champion Author
Cincinnati
Posts:8,513
Points:1,809,770
Joined:Mar 2008
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Message Posted: Sep 8, 2010 3:54:37 AM
How can afford to drive anywhere except work and store
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DrivingFool2
Champion Author
Appleton
Posts:8,597
Points:1,607,065
Joined:Apr 2005
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Message Posted: Sep 8, 2010 3:50:12 AM
So what your saying is there is price manipulation because stockpiles are up, use is down, but we keep paying more. Maybe someone should look into this?
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DrCashFlow
Champion Author
Massachusetts
Posts:7,074
Points:1,628,200
Joined:Jun 2008
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Message Posted: Sep 8, 2010 3:44:42 AM
...and pump prices heading lower...
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Tatalah
Champion Author
Riverside
Posts:11,620
Points:2,465,070
Joined:May 2003
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Message Posted: Sep 8, 2010 3:39:35 AM
Now that school has started there is more traffic. Driving season? No offense, but who is writing this drivel?
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speedys
Champion Author
Utah
Posts:7,027
Points:2,560,835
Joined:Nov 2005
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Message Posted: Sep 8, 2010 3:32:06 AM
I am with you "Pozole".
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hybridaholic
Champion Author
Appleton
Posts:8,370
Points:1,557,540
Joined:Dec 2008
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Message Posted: Sep 8, 2010 3:31:07 AM
PACKARDS42, that would be against their sound business practices of ripping Americans for every cent they have.
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packards42
Champion Author
Washington
Posts:6,447
Points:1,128,590
Joined:Feb 2005
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Message Posted: Sep 8, 2010 3:22:19 AM
You think with gasoline demand going down, the refinery could produce more diesel and home heating oil to avoid the winter rise in those fuels.
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Pozole
Champion Author
Portland
Posts:9,608
Points:1,596,470
Joined:Mar 2005
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Message Posted: Sep 8, 2010 3:11:06 AM
...driving "season"...what a concept...can we have an open season on speculators ?...
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DJRIO
Champion Author
Miami
Posts:8,051
Points:1,426,560
Joined:Jan 2008
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Message Posted: Sep 8, 2010 3:04:42 AM
your speculators is the federal government for nt endorsing natural gas as bridge fuel. And this we will creat jobs, keep us from being depend , and reduce trade balance. and creat more tax income for the federal government.
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neemund
Champion Author
Seattle
Posts:6,556
Points:1,547,370
Joined:Jan 2007
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Message Posted: Sep 8, 2010 3:03:49 AM
Dropped 4¢ here this morning.
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twobroke61
Champion Author
Michigan
Posts:8,390
Points:1,590,910
Joined:Sep 2008
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Message Posted: Sep 8, 2010 3:00:03 AM
we finished the summer with 6.5 million more barrels than we started the summer with what does that say about the economy hope the speculators choke on it
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wegman
Champion Author
Twin Cities
Posts:7,817
Points:2,090,500
Joined:Jun 2001
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Message Posted: Sep 8, 2010 2:56:08 AM
Lower gas prices are a VERY good thing (unless they are the result of a weak economy).
I'll take it.
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georgeo
Champion Author
California
Posts:4,172
Points:179,115
Joined:May 2009
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Message Posted: Sep 8, 2010 2:47:30 AM
Expect to here about refinery shutdowns to keep the price of gasoline up.
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1fulltank
Champion Author
Buffalo
Posts:7,913
Points:1,546,260
Joined:Nov 2008
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Message Posted: Sep 8, 2010 2:47:20 AM
America is always in a "driving season".
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gass12
Champion Author
Omaha
Posts:8,399
Points:2,305,665
Joined:Oct 2005
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Message Posted: Sep 8, 2010 2:43:12 AM
People did less driving this summer they didn!t have the money. If gas had been $2.00 a gallon where it sould have been they would have done a lot more.
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UBDave
Champion Author
British Columbia
Posts:1,210
Points:1,374,725
Joined:Oct 2008
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Message Posted: Sep 8, 2010 2:42:35 AM
Gas prices should drop as the home heating oil season kicks in...
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MDTDriver
Champion Author
California
Posts:9,734
Points:2,156,595
Joined:Jul 2006
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Message Posted: Sep 8, 2010 2:41:55 AM
OH Joy, now kick Opec down.
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ScottE
Champion Author
Orange County
Posts:4,352
Points:2,199,780
Joined:May 2002
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Message Posted: Sep 8, 2010 2:39:40 AM
OH JOY, Now we can start kicking OPec in the cajonnes! Can we throw in speculators into that kick! Big OILy Execs??
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aalix
Champion Author
Orange County
Posts:23,188
Points:4,123,345
Joined:Aug 2001
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Message Posted: Sep 8, 2010 2:38:59 AM
Good news is always welcome.
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clermont40miles
Champion Author
Cincinnati
Posts:10,583
Points:1,773,845
Joined:Apr 2008
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Message Posted: Sep 8, 2010 2:35:32 AM
Now prices can go down.
Sooner the better.
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genef01
Champion Author
Nashville
Posts:2,611
Points:834,680
Joined:Jul 2008
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Message Posted: Sep 8, 2010 2:34:48 AM
No driving season here; drive the same year round.
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findcheap
Champion Author
Los Angeles
Posts:9,607
Points:2,011,825
Joined:Apr 2007
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Message Posted: Sep 8, 2010 2:13:47 AM
actually, contrary to popular myth, gas tends to drop on Memorial Day weekend and Labor Day weekend.
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dacofa
Champion Author
Nevada
Posts:5,375
Points:1,150,610
Joined:Jan 2010
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Message Posted: Sep 8, 2010 2:04:41 AM
And prices will go up for the winter
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TWS658
Champion Author
Portland
Posts:4,543
Points:950,875
Joined:Sep 2005
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Message Posted: Sep 8, 2010 1:55:06 AM
Hopefully they will fall like 2008 and not 2009
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