Gasoline prices spiking

[Pat]

Up 18 cents in less than 36 hrs here in NW Louisiana.

[HotRaud90]

Up 30 cents in past 48 here in SoFlo.

[Mr. Man]

A Sheik farted and now Wall St. is in a panic....

[RubberCtyRauder]

welcome to the rise leading to Memorial Day and the start of the the summer driving season..same thing every year.

[crownvic97]

Seems pretty typical for this time of year sadly. On the bright side, prices will still be lower than the were a few years ago.

[tbone]

Summer blend costs more to make. Supposedly. Or does winter cost more? I forget. But it's summer "screw the consumer" time so whatever.

[88LTDCV351]

I remember when there was no such thing as a "driving season" or blend price difference, etc. Gas prices were what they were on any given day. Then the news always wanted a supposed so called expert to always analyze the post 9/11 prices and you started hearing about thus such reason or that such reason, or a driving season for every time of year or every day practically or whatever. Then you start hearing about blends costing differently, etc. So I subscribe more to the Wall Street or Shiek farting idea and the chaos theory of the butter fly flapped its wings in China which caused a hurricane in Tennessee, etc..

[Ourobos]

Price of oil is up to $46 a barrel...

[BLACKMARAUDER04]

We had our price increase 4 weeks ago.
We are hovering around $2.75 for premium here in LA., down
from $3.30

[dmjarosz]

Same here in Buffalo, NY. Price is around $2.30 right now. My guess is its due to the lower than expected gasoline reserves a few weeks ago. Its just trickling down to the consumer now. Should go back down eventually and stay around this low for the foreseeable future. Suck it OPEC!

[Bigslim1]

The news here reported about a week ago that gas prices would go down since we were back to summer blend. I knew then it was the kiss of death. Every time the news says the price of gas is going down it goes up. Premium here is $2.73 while regular is $2.15

[Bluerauder]

Two to three weeks ago, the price for regular was at about $1.60. Add 80 cents for premium. Now it is up over $2.00 for regular and $2.80 for premium. Must be executive bonus time at the oil companies. Every year we go through these horseshit increases based on phones rationale.

[tbone]

Price of oil is up to $46 a barrel...

When oil was $150 per barrel gas still never got over $4.50 per gallon or so, at least around here. Do the math. We're getting hosed.

[justbob]

Two to three weeks ago, the price for regular was at about $1.60. Add 80 cents for premium. Now it is up over $2.00 for regular and $2.80 for premium. Must be executive bonus time at the oil companies. Every year we go through these horseshit increases based on phones rationale.


I don't get that .80 cents crap. When I started driving it was only 10% more for 91 and 20% more for 93. NOT 50%

And of course 87 was only .99 cents back then and stayed there for many years.


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[justbob]

When oil was $150 per barrel gas still never got over $4.50 per gallon or so, at least around here. Do the math. We're getting hosed.


Did you notice that 100 octane was CHEAPER than 87 at that time? WTF..


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[tbone]

For years and years midgrade was 10 cents more than regular and premium was 10 cents more than midgrade. It was as predictable as the sunrise.

For a couple weeks Costco premium was only 25 cents more than regular. For a long time it was a 60 cent upcharge. As I write this Costco premium is a 40 cent upcharge. It makes no sense.

[Turbov6Bryan]

Did you notice that 100 octane was CHEAPER than 87 at that time? WTF..


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Yes
It took a full year for Sunoco 104 to go from 4.50 a gallon to 8 the next

But, during that time it was like, might as well buy the good stuff for the turbo cars

Why havent race gas prices dropped down to 5 buck anymore? Last I looked c16 was 16.00 a gallon. That's why I have methanol injection on all my turbo cars