Gas Prices

Discussion in 'Blazers OT Forum' started by Denny Crane, Feb 18, 2013.

  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Gas prices are now $4.227 a gallon. Highest since Oct. 26 (shortly before election).

    The price is up $.50/gallon over the past 19 days. The price has gone up for 19 days straight.

    Nationwide, the price has gone up for 32 straight days and the average price is $3.73.

    The numbers is for regular unleaded gas.

    Coupled with the tax hike on the middle class (FICA holiday expired), it's got to hurt.

    EDIT: the $4.227 a gallon is in San Diego. What are they near you?
     
  2. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Should be around $5 per gallon by the summer. And to think that even $5 per gallon is 50% Less than what people pay in Europe.
     
  3. HailBlazers

    HailBlazers RipCity

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    Back Up WTF?
     
  4. Wheels

    Wheels Is That A Challenge?!?!1! Staff Member Global Moderator

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    about 3.60 right now here
     
  5. TripTango

    TripTango Quick First Step

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  6. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    I am still in the $3.40's
     
  7. TripTango

    TripTango Quick First Step

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    2-year and 8-year time series:

    [​IMG]


    [​IMG]
     
  8. MARIS61

    MARIS61 Real American

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    I blame PapaG. :devilwink:
     
  9. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    every year we hear that "gas will be 5 bucks a gallon" by summer..

    and yet, it never is.
     
  10. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Maybe it won't; but even if it is; it's still 50% cheaper than buying it in Europe.
     
  11. mook

    mook The 2018-19 season was the best I've seen

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    My guess is that the massive oil shale boom has driven up supply in the mountain states. That boom is going crazy in Wyoming, ferinstance. Without infrastructure to ship it cheaply (remember, this whole boom is pretty new) the few people living in these low-population states get a bargain.
     
  12. mook

    mook The 2018-19 season was the best I've seen

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    Just posted the question on Reddit and somebody replied:

    Interesting. Gravity is 10 times stronger? Uh, ok.
     
  13. jlprk

    jlprk The ESPN mod is insane.

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    Simple supply and demand have nothing to do with it. Oil investors, futures, derivatives...it's the whole kit and kaboodle of very advanced economics.
     
  14. MARIS61

    MARIS61 Real American

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    It's roughly twice the price of gas in Europe before you add taxes to either.
     
  15. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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  16. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Isn't that what I said?

    I was in England about 3 years ago. Their gas was 2 pounds per liter. That's almost 12 US dollars per gallon
     
  17. TripTango

    TripTango Quick First Step

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    Scientific proof that Reddit can be a horrible source for scientific proof. :D
     
  18. TripTango

    TripTango Quick First Step

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    Dammit Denny -- I'm a physicist, not an economist. I was hoping YOU would tell ME!
     
  19. drexlersdad

    drexlersdad SABAS

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    its 370 here right now

    anyone remember why it dropped to below $2 right before the election in 08?
     
  20. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    That's why I only use 4chan for all of my scientific proof needs.
     

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