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Anyone capable of discussing gas without politics? Anyone?

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sandgk said:
When did NJ get to be so cost-effective?
Never.. ONLY thing in Jersey that is less than anywhere else on the planet..

Rationale is that there is danger with self serve.. like these folks who drive off with the hose connected.. generates a spark and blow up the gas station... plus it keeps all Tibors relatives employed...
 
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I just read that the prices have jumped because Dennis is heading toward the Gulf and who knows what will happen to production. If prices go up this high before the storm is there I wonder how quickly they will go down if the storm does no damage to the oil production? I have a feeling the rate changes will not be equal.
 
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Oh yes
I filled up last week at $2.09.
The lady that cleans our office came in today and said gas was $2.30 and everyplace had long lines. Of course we have some folks that are getting ready to evacuate from Hurricane Dennis. Tropical Storm Cindy really did not affect production but it gives the speculaters something to go on.

I watch CNBC when I workout at lunch and they showed oil over $60 a barrel and that is down from the days opening.

T Boone Pickens, there is a name from past, was on this week saying production could not keep up with demand so he expected oil to reach $100 a barrel soon. He would not say what soon was. Depends on the rest of the worlds economy = China.
 
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bucknola said:
Oh yes
I filled up last week at $2.09.
The lady that cleans our office came in today and said gas was $2.30 and everyplace had long lines. Of course we have some folks that are getting ready to evacuate from Hurricane Dennis. Tropical Storm Cindy really did not affect production but it gives the speculaters something to go on.

I watch CNBC when I workout at lunch and they showed oil over $60 a barrel and that is down from the days opening.

T Boone Pickens, there is a name from past, was on this week saying production could not keep up with demand so he expected oil to reach $100 a barrel soon. He would not say what soon was. Depends on the rest of the worlds economy = China.

nola... look like they are still saying it will head your way. Be safe.

150721W_sm.gif
 
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This is what happens when you don't build a refinery since 1974, make most of your domestic reserves off-limits, and increase your demand for oil. You can't appease so-called "environmentalists" for three decades without consequences.

We're lucky it isn't higher. Don't worry, it will be soon enough. I expect it to hit $3.00 a gallon this year. If there's a terrorist attack on a refinery, or Venezuela's government seizes the rigs in its waters, then look out - you ain't seen nuthin' yet.
 
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Thanks LoKy

As of now.... There are some strong winds aloft that may push it east. Of course we still have a few days for things to change. I still haven't cleaned up the branches from Cindy. My office is in preparation mode. I hate to say it but it looks like Mobile/Pensacola are in for another hit.

Misanthrope
No agruement here, I posted in this thread earlier that $3.00 was coming. I just think people do not realize how much of what they use is trucked, shipped and railed to their local market. Fuel costs go all the way through the economy. Get ready for across the board price increases. I read a rather obscure magazine on logistics. Almost all carriers have taken a 5% increase this year.
 
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