seadog
Admiral
Registered: 01/20/03
Posts: 3964
Loc: Stillwater, OK
Yesterday, I go to work, $3.259/gal. Noon, $3.219/gal. This morning, $3.159/gal, This evening, $3.119/gal. And my town is high price. OKC is $2.899/gal last time I checked. This is one reason why the alternate fuels do not take off. Too many people are afraid to invest for fear that prices will do just this. I am not going to complain.
Registered: 06/12/05
Posts: 685
Loc: Huntsville, AL
well it goes up and down about as fast here. One station went from 3.99 to 3.69 to 3.89 in two days. They finally authorized emergency truck shipments, 3 weeks after the hurricane. Got to love gov't in the USA, where else can you be so inept and vote yourself a raise every year?
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Andy 00 Chaparral 216 SSI "Miss Vicky" 1995 Yamaha Waveraider 2002 Jeep Grand Cherokee Laredo 2003 Dodge Stratus R/T
Registered: 11/21/03
Posts: 7674
Loc: Kennewick, WA
Last weekend here it was $3.89. Today it's $3.61. I never thought I'd say I liked paying that much for gas, and I really don't like it now, but it's sure better than the $4.60 that we were paying a year ago.
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"Liquid Asset" 96 SeaRay Sundancer 330 I just want to go boating!
#438384 - 10/04/0807:14 AMRe: Falling like a rock
[Re: jtheile]
MarkHB
Dressed for dinner
Admiral
Registered: 09/12/03
Posts: 4847
Loc: CA
The way the gas prices are tumbling I am in need of an interest free government loan. Times are tough for me right now. May have to fly to Washington and have some more talks.
#438393 - 10/04/0808:17 AMRe: Falling like a rock
[Re: SeaVet]
MarkHB
Dressed for dinner
Admiral
Registered: 09/12/03
Posts: 4847
Loc: CA
As far as I know, all our gulf coast refineries are back up and running. Took a couple of weeks to do that though. Never easy bringing them back up from a cold start.
#438416 - 10/04/0801:49 PMRe: Falling like a rock
[Re: MarkHB]
HotByte
Admiral
Registered: 01/17/03
Posts: 7441
Loc: Barnesville, GA
The following AJC article reads like a good Q&A on the shortage Atlanta metro area experienced. I have no idea how factual their answers are but they sound reasonable.
Per answer quoted below, one pipeline supplies several different products (although the products are similar). How do they separate what's when taking fuels out of the pipeline???
Quote:
Colonial actually runs two parallel pipelines: one for jet fuel, diesel fuel, home heating oil and similar products, the other only for gasoline.
#438418 - 10/04/0802:39 PMRe: Falling like a rock
[Re: HotByte]
MarkHB
Dressed for dinner
Admiral
Registered: 09/12/03
Posts: 4847
Loc: CA
My schedule was not impacted at all, but we flew people from other refineries through-out the country into Texas and Louisiana to help in bringing up the plants. We used both commercial airlines and our corporate jets. One guy from our plant was picked up by the corporate jet, flew to Corpus Christi the Friday before Ike hit and then flew home the next day. It is not easy to bring the plants back up when a lot of employee's also suffered extreme damage to their homes and they may have evacuated from the area also. HQ plans for this type of emergency, and so far very succesful in bringing the plants up quickly and safely.
#438983 - 10/07/0805:58 PMRe: Falling like a rock
[Re: HotByte]
seadog
Admiral
Registered: 01/20/03
Posts: 3964
Loc: Stillwater, OK
I am afraid to buy gas it is falling so fast around here. It has dropped about $0.15/gal in the past 24 hours. It is down to $2.889/gal today. What is interesting is that while gasoline has dropped tremendously in the past week, diesel has only gone down $.03/gal. It is $3.729/gal, which is not helping the trucking industry and farmers any.
#439308 - 10/09/0811:34 AMRe: Falling like a rock
[Re: RX 4 Fun]
Hockey Family
Admiral
Registered: 10/23/05
Posts: 2643
Loc: OC - SoCal
There were programs going around a while back to buy gas at a set price. Buy a couple hundered dollars worth of gas at $XX/gal and you're safe from rising prices.
Wonder if many are now taking a hit by doing this?
I bet we see major production cuts in oil in the vary near future. I actually, too a degree, hope oil stays around $100 a barrel for a while. High enough to keep excessive demand run ups, high enough to make alternatives profitable, low enough to not break the bank!
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Live your life in the Kelvin scale..........Stay Positive.
#439314 - 10/09/0812:23 PMRe: Falling like a rock
[Re: D-Rod]
Bowline
What's higher than
Admiral
Registered: 01/14/03
Posts: 4288
Loc: Kansas City, MO
If people keep cutting back on what they're spending, like we all are, the economy will tip into a depression. I don't care what the current administration says, we're in a recession and have been for some time. It's just worse now with the major banks failing.
Gas prices will continue to fall as well if people keep witholding cash from the marketplace for traveling, goods, and services. As I see it the world economy is teetering. Even if oil production is cut I still see the drop in overall spending continuing to have an downward effect on oil prices. You can only artificially keep prices higher when the demand continues to be maintained.