Gas Shortage

[pepperj]

We're getting it up you know where here in Eastern Ontario. Being the long weekend and the hurricane they justified a jump to $1.299 a litre for regular. That makes it $4.917 a US gallon!

 

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[jeff of pa]

as of yesterday the Gougers (Thieves) have it up 30 cents here .

$2.79 for regular.

the Largest producer should be online again any day now.
But my guess prices will keep Rising all year

yep up 10 more cents today.





tomorrow probably $2.99

the sad part PA has no Gouging Laws, and as long as they jump it up daily instead of all at once, it gets ignored

 

[basssmann]

I'm in upstate NY, about 90 miles from NYC... lots of gas, no lines, but, went up about .30 - .40 cents a gallon , in the last 10 days.

 

[franklin]

as of yesterday the Gougers (Thieves) have it up 30 cents here .

$2.79 for regular.

the Largest producer should be online again any day now.
But my guess prices will keep Rising all year

yep up 10 more cents today.

View attachment 1490378



tomorrow probably $2.99

the sad part PA has no Gouging Laws, and as long as they jump it up daily instead of all at once, it gets ignored

Oil profits have to make money off that Labor Day Travel coming up. They always do. Everytime a NASCAR Race comes to out town they jump the prices a quarter or more. We have to pay for everyone enjoying themselves.

 

[AlienLifeForm]

Gas is still scarce here, it is going to be a big problem come Tuesday if the tanker trucks don't start rolling in.

 

[ChampFerguson/TN]

Oil profits have to make money off that Labor Day Travel coming up. They always do. Everytime a NASCAR Race comes to out town they jump the prices a quarter or more. We have to pay for everyone enjoying themselves.

Those Evil Capitalists! How Dare they make a profit for their investors! I'm Entitled to cheap stuff that I want.

Next time. I'm just going to pay attention to the news and fill my tanks and cans AHEAD of the disaster!

 

[AlienLifeForm]

Those Evil Capitalists! How Dare they make a profit for their investors! I'm Entitled to cheap stuff that I want.

Next time. I'm just going to pay attention to the news and fill my tanks and cans AHEAD of the disaster!


View attachment 1490388

 

[jeff of pa]

Those Evil Capitalists! How Dare they make a profit for their investors! I'm Entitled to cheap stuff that I want.

Next time. I'm just going to pay attention to the news and fill my tanks and cans AHEAD of the disaster!


View attachment 1490388

Yea I think we should see if China has some cheap Gas to sell.
Maybe some of that good old Leaded gas that doesn't Gunk up engines !
& helps warm things up

 

[AlienLifeForm]

Yea I think we should see if China has some cheap Gas to sell.
Maybe some of that good old Leaded gas that doesn't Gunk up engines !
& helps warm things up

I just want the regular ethanol-free gas back.

 

[Duckshot]

Gas around here in the north Midwest went up about 40¢ a gallon, which is not unusual for memorial day weekend. That's just cause of supply and demand, free market forced. Sounds like it went up less than a dollar a gallon i n Texas flood areas.

What some of you might not realize is that the gasoline needs to be shipped from the refinery to the gas pump, and transportation costs are higher due to road closures and delays. It ain't nessesarily gouging, the oil companies are just passing their cost on to the consumer while maintaining profit. No evil doers, just people that want to sell gasoline, and they got to eat too.

As far as government price fixing- Have you lost your ever-loving minds!?? Ask Venezuela how government price fixing of eggs at 30¢ USD equivalent per a dozen worked out. Within a day of the decree there was not an egg to found for sale in any store anywhere. And some people want that kind of availability for gasoline here in the USA!? Bless their hearts, I guess.

Eta this is a post about economics, not politics.

 

[ecmjamsit]

I can beat the price hike some. E-85 burns fine in my fuel injected chevy trucks. It is 103 octane and I get no check engine light. Also boosts performance quite a bit. Usually I only go a quarter tank of E-85. I can go a 1/3 tank if I have to. I get about 20% less mileage per gallon of E-85 compared to E-10 gas. All gas in Colorado is at least E-10. Ethanol burns way cleaner than fossil fuel. E-85 is $2.09 here.

Oh and the price hike is simply speculators in the investment markets. Not broken refineries, Wall Street! Sheesh!


http://www.nasdaq.com/markets/gas.aspx

 

[Duckshot]

You want Government to "Help"?

It is a state of emergency. It has been formally declared a disaster area. Yes the government should order a price freeze. No profiteering while folks are suffering. Same as during a war. Sometimes they add a "windfall" profits tax. Yes this is what I want.

You just want cheap gasoline and expect that force and coerison will fix the problem. But the government does not lower gas prices, never have yet. The government INCREASES gasoline prices at both the state and federal taxes, and sometimes even local municipal taxes.

If you want cheaper gas by way of government interference then petition your representatives to freeze tax collection on gas. That would save you 18.4¢/gal Federal tax, and 20¢/gal Texas state tax. And then, maybe, government can lower the price at the pump 39.4¢ /gallon. Without unforseen or unintended consequences.

 

[Msbeepbeep]

Come to think of it our truck is a flex fuel vehicle, i should check out the price of ethanol.

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[Dr. Syn]

Don't worry it won't be long before they get wind of E85 being used in race cars, and jack the prices. Makes more power but you have to use more to do so.
We went from 480 cc injectors to 2000 cc injectors in our car to run E85 at the track.

So far down here, gas has been hit or miss as to whether stations have any gas at all. Did find a little trick to beat the lines. Show up at 3 am at the 24 hr places. I did yesterday, there were only 3 other cars at the 24 pumps. When I went to work at 8 they were lined up out to the highway at the same place.

 

[jeff of pa]

last I saw they are busy Gouging up here

 

[HighVDI]

last I saw they are busy Gouging up here

View attachment 1492554 View attachment 1492555 View attachment 1492556

Yep, same here in SwPa. Closer to 3 bucks here.

 

[Johnnybravo300]

That's just the cost with having a vehicle to drive. It's not like they have a gun to your head. That's the government's job.

 

[jeff of pa]

Yep, same here in SwPa. Closer to 3 bucks here.

I'm surprised it is taking so long to reach $3 here

$2.89 is a 40 cent Rise.

(50 cents for me. I had a 10 cent a Gallon discount last time I filled up,
trying not to waste my 10 cents per this time on such high prices, so I'm babying my Tank) 3/4 tank left. and long trip tomorrow to butcher etc. will do me in though

the news keeps saying Gas is only up 7 cents .
Where they get the 7 Cents I don't know.


Officially up 7 Cents before the Gouging maybe.


I should own a Gas station , I could become a multi Millionaire this week again

 

[Msbeepbeep]

Ours went from $2.13 - $2.89 in less than a week. Doesn't matter what they call it, it all comes out of the same pocket.
At lest this time they have an actual event to blame rather than trying invent some fantastic lie to justify an increase.
I would love to have been able to increase prices in our business when ever we needed more money. It just doesn't work that way if your not part of the monopoly. Because we have competition and pepple would go buy from them. It came down to whom ever had less overhead could survive on lower income got the customers.
Not the same playing field for the big boys, they have more leverage legal or otherwise and they use it.

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[Johnnybravo300]

Legitimate service stations hardly make anything on gas sales. There just isn't any room for mark up with the competition a block away and if they can make a few cents a gallon they are lucky. The refineries charge what they need and alot of it is speculation of the future.
The taxes you pay and the subsidies to the ethanol farmers far outweigh any price increase.
The ethanol farmers are paid whether their crops fail or not and you pay for that too. It's not a system set up to benefit the average peson.
If you're an ethanol farmers life is good. I have a buddy in Western Kansas that lives high off the hog now selling his corn to the feds. If his crops fail they even pay him more. Makes me want to think about a career change!