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Old 10-07-2012, 04:28 PM   #11
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The reason for the sudden spike and shortages on the left coast is due to refinery fires in CA...put a serious damper on production. Less supply and equal demand the price IS going to surge. Its NOT a conspiracy at all. (this time)

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Old 10-07-2012, 05:14 PM   #12
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Besides the fires, they were also pointing to the lefty push on strict environmental laws in California, modification of refineries on pollution.

Where I am at I pay 3.87 a gallon for the premium, which 91 octane level. I ran the lower versions in the vehicle and that lower octane level was crap!

http://www.foxnews.com/us/2012/10/07/nearly-1000-gallons-stolen-from-california-gas-station-amid-record-prices/

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Old 10-07-2012, 05:21 PM   #13
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$3.55 a gallon here for regular unleaded. price has dropped a little over the last couple of weeks. not much, but better than it rising.

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Old 10-07-2012, 06:03 PM   #14
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There's no gouging going on now (any more than there has been consistently, if there actually has been any). The rise of gas prices is matching the rise of price of food and other things.

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Old 10-07-2012, 06:20 PM   #15
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Quote:
Originally Posted by bkt View Post
There's no gouging going on now (any more than there has been consistently, if there actually has been any). The rise of gas prices is matching the rise of price of food and other things.
Yes unfortunately food and everything else is moved by diesel truck in this country and the cost of diesel in this part of the world is over $4.00 per/gal.
Of course there is always " Under my policies energy cost will necessarily skyrocket!" high energy cost equals high everything else!
I believe I heard some obscure unknown Senator say that way back in 2007.
I'm just saying.

I do agree I don't think its price gouging.
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Old 10-07-2012, 06:21 PM   #16
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It's $3.60 here in OK. Down a few cents from last week. Ridiculous anyway you look at it. That's why I am seriously looking to put a CNG kit on my next new car. Costs quite a bit upfront but with natural gas costing about 20-50% of what gasoline costs it can pay back in a few years.

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Old 10-07-2012, 06:33 PM   #17
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Friday, gas was $4.89 in my area(southern Shasta county, CA) havent been back to town since to see how much more it is this weekend.

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Old 10-07-2012, 07:23 PM   #18
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Quote:
Originally Posted by trip286

Do you know how much the government and oil companies make in profit? Last I checked, fed was actually profiting more than the companies that produce it. 2004ish.
That's still true. There is a lot of talk about oil industry profit. For the most part the margins remain the same. As the price is higher on the market the $$ amounts are higher but the percent is still the same.

The govt operates more or less the same way. The higher the price the more they make.

Between refining regulations and taxes, a lot of what we see at the pump goes to the govt.
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Old 10-07-2012, 07:37 PM   #19
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The oil companies would rather have Romney in power than Obama. The higher gasoline prices go, the more the voters will blame Obama for it. For the oil companies, it is a win-win situation.

I predicted, a year ago, that gasoline would be between 4 and 5 dollars a gallon by the end of October, for that very reason

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Old 10-07-2012, 08:08 PM   #20
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Oh just quit already. Obama freaking admitted that his policies would drive energy costs through the roof, and your still keeping this up? You've crossed the line a long time ago of defending your chosen candidate and have gone into just making yourself look bad.

The same thing I told someone else regarding Islam, your defending something that is indefensible. Just give it up already. Now your just being silly.

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