Why did petrol go up 75 cents over night??

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  • Br0nxer
    SBR Posting Legend
    • 03-25-11
    • 13665

    #36
    Originally posted by milwaukee mike
    i actually am very familiar with this matter

    and this actually IS obama's fault, he shut down the wisconsin enbridge pipeline, directly affecting prices in the milwaukee/chicago/detroit area.

    there are 3 refineries shut down out of 7, and there's not enough supply around here because of that

    GAS PRICES WERE $1.84 SIX DAYS AFTER OBAMA INAUGURATION, NOW THEY'RE MORE THAN TWICE THAT

    obama is really helping the lower and middle class huh?
    1.84?

    Is that true?
    Comment
    • milwaukee mike
      BARRELED IN @ SBR!
      • 08-22-07
      • 26914

      #37
      Originally posted by Blondie
      Friday it was 3.95 in some places up that direction. It varied on an hour and half trip from 3.29 to 3.95. To top it off, it was 3.25 here at 3am when my husband went to work Friday, at 9 or 10 it was 3.95 and then by evening when my husband was coming back through it was 3.40 again all at the same station...
      that's crazy, in wisconsin it's illegal to change prices at any station more than once in a 24 hour period but illinois can pull that stuff
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      • milwaukee mike
        BARRELED IN @ SBR!
        • 08-22-07
        • 26914

        #38
        Originally posted by Br0nxer
        1.84?

        Is that true?
        yep

        and in march 1999 (not too long ago) gas was 90cents a gallon!

        so people are making essentially the same but paying 4x as much for gas/cable/phone/etc. the essentialls have gotten really expensive, no wonder people are living paycheck to paycheck or using ************ just to get by

        Comment
        • Br0nxer
          SBR Posting Legend
          • 03-25-11
          • 13665

          #39
          Originally posted by milwaukee mike
          yep

          and in march 1999 (not too long ago) gas was 90cents a gallon!

          so people are making essentially the same but paying 4x as much for gas/cable/phone/etc. the essentialls have gotten really expensive, no wonder people are living paycheck to paycheck or using ************ just to get by

          http://zfacts.com/p/35.html/
          Thats amazing

          Seems like it hasnt been below 2 bucks in about 15 years
          Comment
          • milwaukee mike
            BARRELED IN @ SBR!
            • 08-22-07
            • 26914

            #40
            Originally posted by Br0nxer
            Thats amazing

            Seems like it hasnt been below 2 bucks in about 15 years
            i know right? you get the current prices stuck in your head and forget how cheap it used to be.

            but that only seems to be the case with gas, with almost everything else (candy bars, movie tickets, etc) you remember prices from when you're 16-18 years old and started paying for stuff. so over time with inflation you say "damn a movie ticket should be $5 not $9".

            that's one of the main reasons older people complain about prices for everything being so high, they have those prices stuck in their heads from teenagers. but gas fluctuates so much it is in a different part of the brain
            Comment
            • CarpeDime
              SBR Hall of Famer
              • 09-01-09
              • 7873

              #41
              its because of obama

              deuace did you vote for him?

              if so i hope your happy now
              Comment
              • TEXAS MICKEY
                SBR MVP
                • 11-14-10
                • 1398

                #42
                Originally posted by griz
                Opie cut back supply. Motherfukker shut half his wells off to raise prices.
                Boys,

                Opie had to do it, for just a couple weeks!!!!!!!!!! Getting his bankroll adjusted and together for the Bash.
                Comment
                • onacloud
                  SBR Hall of Famer
                  • 10-14-10
                  • 5360

                  #43
                  3.95$ here was round 3.10$ on Monday

                  Don't usually pay attention to gas prices because no matter what you gotta pay it no point in getting all worked up
                  Comment
                  • d2bets
                    BARRELED IN @ SBR!
                    • 08-10-05
                    • 39995

                    #44
                    Originally posted by milwaukee mike
                    i actually am very familiar with this matter

                    and this actually IS obama's fault, he shut down the pipeline idea, directly affecting prices in the milwaukee/chicago/detroit area.

                    but the current problems are due to enbridge pipeline shut down for oil spill

                    there are 3 refineries shut down out of 7, and there's not enough supply around here because of that

                    GAS PRICES WERE $1.84 SIX DAYS AFTER OBAMA INAUGURATION, NOW THEY'RE MORE THAN TWICE THAT

                    obama is really helping the lower and middle class huh?
                    Yeah that's because oil fell precipitously from 3.50 to 1.80 between about July 2008 and January 2009 because the world economy went frozen and went to the brink of complete collapse so the demand dried up. That was the only reason it went that low. It was in the 3's or 4's for years prior. I guess if you want that again we'll get gas prices back down there.
                    Comment
                    • itchypickle
                      SBR Posting Legend
                      • 11-05-09
                      • 21452

                      #45
                      Deuce it's simple pal - there have been some refinery/production shut downs in the last 2 months that are catching up now, its hurricane season as well...and don't forget the ethanol mandates in gasoline which automatically adds to the pricing (ethanol comes from corn, in a drought now so corn prices are up, do the math).
                      Comment
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