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Price of gas still going up.
Heard on the news today that the price of gas is going to go up another 30 cents a gallon within a week......I already went and filled up with the Shell mid grade at $3.79 a gallon here in Central California earlier today.
I see $4.00 a gallon gas and rising very very soon.
Thanks to the speculators using the Mid-East turmoil as an excuse to jack it up.
thats bullsh!t too many greedy m'fers in the world today
i was a security guard few years back at a refinery..those fools made 40 million in 1 quarter 3 months..tell me if they aint fuking us
Reports beginning in early 2011 gas stations will start showing porn movies on the screens of the pumps so that you can watch someone else get screwed the same time that you do.
Last month OPEC announced that they had overestimated their oil reserves by 40%. Peak oil has already hit and from here on out barrel prices will only continue to rise gradually. CNN projected 5.40/gallon at the end of the year
$1.20/litre over here.
$3.40 where im at. $5 a gallon is going to put a hurting on the people.
It's the towel heads and OPEC. There is enough oil in the world that it should be $20 a fckn barrel and gas should be $1.00 a fckn gallon.
add its people trading oil futures running the price up so they can get rich.
there is a car that runs on water, the govt is being a dooshe about it
going up 5 cents a day here in NY!
$3.55 ish here for premium. Hopefully it doesn't go up much more.
If this rock-throwing revolution crap spreads to Saudi Arabia, we're all screwed.
Gas prices: 'Most expensive February ever'
By Ben Rooney, staff reporterFebruary 25, 2011: 12:42 PM ET
NEW YORK (CNNMoney) -- Gas prices jumped 6 cents overnight, as the recent spike in oil prices begins to hit filling stations across America.
The national average price for a gallon of regular gas rose 5.9 cents to $3.287, motorist group AAA said Friday. That marks the third day in a row that prices have risen, and brings the national average to the highest level since October 2008.
Gasoline prices and taxes by state
Prices at the pump can vary widely among states, due in large part to vastly different levels of gasoline tax. More
So far this week, gas prices have increased nearly 12 cents a gallon. And analysts expect prices to continue higher in the next few days following a sharp rise in the price of crude oil.
Gas prices were highest in Hawaii, where drivers paid $3.757 a gallon, on average. Wyoming had the lowest gas prices at roughly, $3.014 a gallon.
Tom Kloza, chief oil analyst at the Oil Price Information Service, said the jump in gas prices reported Friday was the largest one-day increase since at least 2008.
"This will definitely be the most expensive February ever," he said, adding that gas prices are typically lower during the winter months.
The jump in pump prices follows a surge in prices for crude oil, the main ingredient in gasoline. Oil prices were holding near $98 a barrel early Friday morning, one day after prices hit a high of $103 a barrel -- the highest since October 2008.
Analysts expect prices to continue rising over the next few days, since gas prices typically lag trends in the oil market.
The spike in oil this week could translate to an increase in gas prices of 37 cents per gallon in the coming weeks, according Moody's Analytics economist Chris Lafakis. He estimates that for every $1 increase in the price of oil, retail gas prices typically rise 2.5 cents a gallon.
Economists warn that an energy price shock could hurt the economic recovery in the United States. In general, every $1 increase in the price of oil costs consumers $1 billion over the course of a year.
That's concerning because consumer spending makes up the bulk of U.S. gross domestic product, the broadest measure of economic growth.
The government said Friday that GDP was revised lower to an annual growth rate of 2.8% in the three months ending in December. The initial reading had been for a 3.2% growth rate in the period.
Oil prices have been driven higher by political unrest in North Africa and the Middle East, where much of the world's oil comes from. Despite the surge in prices this week, the amount of oil that has been taken off the world market has been relatively minimal.
gas in US is already cheaper compare with a lot other countries
Originally Posted by onetrickpony
here( in Europe) is 1.66$ per litre
Its real simple:
Anybody who thinks that they are being ripped off at the pumps always has a choice NOT to buy the product.
NOBODY is forcing you to buy gas.
There is more than enough competition to ensure that the price being charged for oil is fair.
In just about every major city, there still remains huge traffic jams due to there being too many cars on the road.
they control the supply , if price falls they just limit the production output .
I'm pretty sure that thermodynamics is keeping the brakes on that one -- not "the govt".
the gas cap in china guarantees the same price there everyday...usa & europe needs the same
we need to take over the world oil!
fukk the rest of the world!
yeah it is going sky high here in florida
LOL, this has to be the quote of the day. Thanks for the laugh!
I seen 3.39 on the Illinois side of Stlouis this morning
3.63 in upstate newyork, has gone up 3.41 to 3.53 to 3.63 over last two days, not three days, two days
$3.45 here in MI. Damn Libya.
going to get more expensive id say mid 4s by summer
You're absolutely correct Andy. I'm going to start walking 30 miles to work everyday. I'll look forward to getting up at 2am to start walking.
No buses available. Crap.
Can't wait until that one company in Cali finishes their project of converting water to gasoline. They're pretty far into their work
Filled up @$3.59 for premium this morning, wait until summer time, you'll be wishing for current Feb prices
I've heard this for years seems like there always close yet so far, what company is this? link to story?
of course its still going up, everybody is freaking out and that's a perfect excuse to raise prices.
It's all hype
Where can I get a few empty barrels so I can start HOARDING???
time to convert to natural gas...plenty of supply...about 150 years worth in the us as of now..
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