Shell is pulling workers off their platforms in the Gulf as the tropical storm approaches. I see oil prices jumping back up the $10 or so they have fallen. And gas prices will probably go up about $.40 today. Best of luck to you all.

on MSNBC today

However, investors were somewhat encouraged, and the major indexes regained some ground, after oil prices took another big drop. after major producers such as Royal Dutch Shell said Tropical Storm Dolly would not likely disrupt operations in the Gulf of Mexico. A barrel of light sweet crude fell $3.95 to $127.11 on the New York Mercantile Exchange.

Let's see how the rest of the next couple of days plays out. That is a good sign, for sure.

Sad...but I was happy to pay $3.95 a gallon today

$3.81 here although I've heard of a few 3.7x's

Paid $4.35 for midgrade in the Corvette yesterday afternoon.

Filled up the the local supermarket at 3.54 today.

Stations in Peoria are all over the place. One place was at 3.75 yesterday, but came up to 3.79 where a few others are. Then most are at 3.85 or 3.89. It's times like this that get me mad. Based on the price of oil alone, the prices should be lower than they are. And if everyone pays the same for the gas at the refinery, why are the prices so different? And if the local news interviews the same gas station owner again, and he says he loses money selling gas (he's at 3.95 today), I might just drive to his station and punch his lying face in!

Prices here were at $3.899 this afternoon. Didn't have time to stop and fill the truck. Billy, the gas station guys aren't the ones getting filthy rich., it's the oil companies themselves. Granted, a goodly portion of the gas stations are owned by the oil companis themselves these days, but it's the oil companies and the oil producers that are raking it in.

I knew these days were coming; I was astounded that it took as long as it did (not that I'm happy about it at all). The oil companies have us by the proverbial short hairs or worse; we have to have oil, for most of us there is no other viable option, and there you have it. Supply and demand. If you have a commodity that is in high demand, you can raise prices 'til the cows come home and suffer very little, if at all.

We're going thru our annual "Retailer Ripoff Month". Last July Utah had the highest average prices in the country, and it looks like they're shooting for that honor again. Gas at "my" station is typically 10-12 cents below state average, and it's $4.15 right now...

The real pissers:
There's a refinery 10 miles away-
We're paying this price for watered down 85 octane-
every drop of our oil comes from Wyoming or Canada.

There is 3 times more oil traded on paper every day then real oil. That sounds to me like a lot of people besides just the oil companies getting rich off us.

Bowline, if the price at the refinery is down and the price at the pump is still up, the retailer is doing just fine.

I saw that oil went down another $3/barrel today. So it looks like I was wrong, you should fill up tomorrow? Why didn't gas price fall $.10 today, like they would have gone up if the oil barrel price rose $3? Cause the stations are keeping the price as artificially high as possible.

I can accept that the price of gas is going to be higher today and in the future than it was in the past. But what I can't accept is the "artificialness" of it.

If D-Rod is reading this, with all your computer knowledge, can you create a chart that shows the oil per barrel price every day, along with the national average price of gas? I'll bet you all a nickel that the last time oil was at the price it is today, the avergage pump price was not this high.

here ya go

http://www.oilnergy.com/1combo.htm

Our Marina fuel is still at $4.50/gal. Gotta get some tomorrow afternoon.