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Author Topic: So what's everone paying for gasoline?  (Read 386861 times)

RocketMan

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Re: So what's everone paying for gasoline?
« Reply #775 on: April 11, 2016, 04:43:36 PM »
It jumped 16 cents to $1.99 here today.  It happened during the time I had been called in to work on my vacation no less.  Drove into work today and it was at $1.83.  It was at $1.99 when I finally got smart and headed home to recover at least an hour of my vacation day.
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wmenorr67

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Re: So what's everone paying for gasoline?
« Reply #776 on: April 12, 2016, 07:34:24 AM »
Up to $1.74 or so.
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Re: So what's everone paying for gasoline?
« Reply #777 on: April 12, 2016, 07:43:57 AM »
Went up .11 from 1.68 to 1.79 yesterday.
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RocketMan

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Re: So what's everone paying for gasoline?
« Reply #778 on: April 13, 2016, 12:52:38 PM »
Jumped another dime to $2.09 today.  That's 26 cents in two days.  Oh, joy.
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If there really was intelligent life on other planets, we'd be sending them foreign aid.

Conservatives see George Orwell's "1984" as a cautionary tale.  Progressives view it as a "how to" manual.

My wife often says to me, "You are evil and must be destroyed." She may be right.

Liberals believe one should never let reason, logic and facts get in the way of a good emotional argument.

K Frame

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Re: So what's everone paying for gasoline?
« Reply #779 on: April 13, 2016, 01:18:11 PM »
Oil and gasoline futures have been on a frigging rocket the last week or so. Lots of freaking investor chimps who have taken a pummeling in the futures markets the last year or so just hoping beyond hope that oil producers are going to start setting production limits at the meeting coming up Sunday.

But none of them are taking into account Iran, which has categorically stated that they're going to do everything they can to pump their wells to capacity, and if anyone else surrenders market share by adopting quotas, they're going to grab it.

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wmenorr67

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Re: So what's everone paying for gasoline?
« Reply #780 on: April 13, 2016, 01:25:51 PM »
Was at $1.89 this morning
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There are five things, above all else, that make life worth living: a good relationship with God, a good woman, good health, good friends, and a good cigar.

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Bacon is the candy bar of meats!

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K Frame

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Re: So what's everone paying for gasoline?
« Reply #781 on: April 17, 2016, 04:18:50 PM »
Production ceiling talks in Dhoa collapsed this afternoon after Saudi Arabia refused to agree to any deal that didn't include Iran.

Iran wasn't at the meeting, and has categorically stated they intend to pump as much crude as they can to capture market share after sanctions were lifted earlier this year.

This could get really sporty in the futures markets over the next couple of days...

http://www.bloomberg.com/news/articles/2016-04-17/oil-freeze-talks-end-in-failure-amid-saudi-demands-over-iran
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RocketMan

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Re: So what's everone paying for gasoline?
« Reply #782 on: April 17, 2016, 04:21:58 PM »
Saw the news on Doha earlier.  I wonder if current Nigerian and Kuwaiti output problems will temper any price drop on Monday?  Granted the actual drop in production is probably minimal in total market terms, but speculators are easily spooked.
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If there really was intelligent life on other planets, we'd be sending them foreign aid.

Conservatives see George Orwell's "1984" as a cautionary tale.  Progressives view it as a "how to" manual.

My wife often says to me, "You are evil and must be destroyed." She may be right.

Liberals believe one should never let reason, logic and facts get in the way of a good emotional argument.

RocketMan

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Re: So what's everone paying for gasoline?
« Reply #783 on: April 17, 2016, 10:24:49 PM »
Oil is down a buck and a quarter in early trading post Doha.
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If there really was intelligent life on other planets, we'd be sending them foreign aid.

Conservatives see George Orwell's "1984" as a cautionary tale.  Progressives view it as a "how to" manual.

My wife often says to me, "You are evil and must be destroyed." She may be right.

Liberals believe one should never let reason, logic and facts get in the way of a good emotional argument.

HeroHog

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Re: So what's everone paying for gasoline?
« Reply #784 on: April 17, 2016, 11:35:42 PM »
1.759/gal regular at Super 1 Grocery, Shreveport, LA
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Scout26

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Re: So what's everone paying for gasoline?
« Reply #785 on: April 17, 2016, 11:36:35 PM »
$2.09 in Waterman on Saturday.  $2.19-$2.29 everywhere else.

Also saw an empty BNSF oil tanker train headed west bound....
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wmenorr67

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Re: So what's everone paying for gasoline?
« Reply #786 on: April 18, 2016, 10:50:42 AM »
$1.82
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There are five things, above all else, that make life worth living: a good relationship with God, a good woman, good health, good friends, and a good cigar.

Only two defining forces have ever offered to die for you, Jesus Christ and the American Soldier.  One died for your soul, the other for your freedom.

Bacon is the candy bar of meats!

Only the dead have seen the end of war!

MillCreek

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Re: So what's everone paying for gasoline?
« Reply #787 on: April 18, 2016, 11:06:27 AM »
$ 2.05 this morning at the Arlington Costco, 40 miles north of downtown Seattle.  Down two cents since last week.
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K Frame

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Re: So what's everone paying for gasoline?
« Reply #788 on: April 18, 2016, 11:11:00 AM »
I don't understand this at all.

There's not even a hint of an oil output deal being finalized after it collapsed yesterday, there's no strong indications that oil usage is going to go up any time soon, and Iran is planning on pumping as much as they can, and the monkey brained aholes who do futures trading are trying their damndest to erase the losses in overnight trading.

There's simply no fundamental support for it. Oil should have continued its drop, and yet it's stabilizing.
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K Frame

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Re: So what's everone paying for gasoline?
« Reply #789 on: April 18, 2016, 11:12:13 AM »
Oh hell, there's an oil workers strike in Kuwait.

That's what's providing the support today.

Damnit.
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charby

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Re: So what's everone paying for gasoline?
« Reply #790 on: April 18, 2016, 12:17:13 PM »
1.829
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41magsnub

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Re: So what's everone paying for gasoline?
« Reply #791 on: April 18, 2016, 01:00:58 PM »
$1.96 yesterday
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Scout26

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Re: So what's everone paying for gasoline?
« Reply #792 on: April 18, 2016, 05:39:21 PM »
Quote from: Mike Irwin on April 18, 2016, 11:12:13 AM
Oh hell, there's an oil workers strike in Kuwait.

That's what's providing the support today.

Damnit.

Today being the operative word.   Everyone is still pumping as much as they can as fast as they can for cashflow reasons.
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Some days even my lucky rocketship underpants won't help.


Bring me my Broadsword and a clear understanding.
Get up to the roundhouse on the cliff-top standing.
Take women and children and bed them down.
Bless with a hard heart those that stand with me.
Bless the women and children who firm our hands.
Put our backs to the north wind.
Hold fast by the river.
Sweet memories to drive us on,
for the motherland.

RocketMan

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Re: So what's everone paying for gasoline?
« Reply #793 on: April 18, 2016, 09:29:59 PM »
Quote from: Mike Irwin on April 18, 2016, 11:12:13 AM
Oh hell, there's an oil workers strike in Kuwait.

That's what's providing the support today.

Damnit.

And some issues in Nigeria and Canada that are dropping their respective outputs for a while.  I think all are contributing.
Kuwait's output is supposedly down by a third or more.  I say "supposedly" because their oil folks are claiming otherwise.  The accuracy of the information is questionable.
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If there really was intelligent life on other planets, we'd be sending them foreign aid.

Conservatives see George Orwell's "1984" as a cautionary tale.  Progressives view it as a "how to" manual.

My wife often says to me, "You are evil and must be destroyed." She may be right.

Liberals believe one should never let reason, logic and facts get in the way of a good emotional argument.

K Frame

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Re: So what's everone paying for gasoline?
« Reply #794 on: April 26, 2016, 07:29:48 AM »
Up to $2.09-$2.15 at the stations in my area, and the 'tardmonkey oil traders keep pushing everything higher.
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charby

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Re: So what's everone paying for gasoline?
« Reply #795 on: April 26, 2016, 07:55:56 AM »
1.82 but seems over the last two weeks, it will bounce to 1.89 for three days then back down to 1.82.
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Iowa- 88% more livable that the rest of the US

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Re:
« Reply #796 on: April 27, 2016, 04:44:13 PM »
1.85

Sent from my SAMSUNG-SM-G890A using Tapatalk
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Scout26

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Re: So what's everone paying for gasoline?
« Reply #797 on: May 04, 2016, 08:58:40 AM »
Oil has climbed up to $44 a barrel.  We'll see how the Saudi respond to USA industry re-start.

https://www.yahoo.com/news/u-energy-ceos-ready-drilling-oil-prices-plot-055502639--finance.html?nhp=1
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Some days even my lucky rocketship underpants won't help.


Bring me my Broadsword and a clear understanding.
Get up to the roundhouse on the cliff-top standing.
Take women and children and bed them down.
Bless with a hard heart those that stand with me.
Bless the women and children who firm our hands.
Put our backs to the north wind.
Hold fast by the river.
Sweet memories to drive us on,
for the motherland.

charby

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Re: So what's everone paying for gasoline?
« Reply #798 on: May 04, 2016, 09:00:10 AM »
Shot to 1.92.
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Iowa- 88% more livable that the rest of the US

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Cliffh

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Re: So what's everone paying for gasoline?
« Reply #799 on: May 04, 2016, 11:01:54 AM »
In the last two weeks it's gone from ~$1.87 to $2.07.
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