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Old 04-23-2007, 08:40 AM  
Donger Donger is offline
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Gasoline over $4 coming to a pump near you because this thread is ass

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!
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Old 06-01-2022, 08:22 AM   #1576
Eureka Eureka is offline
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Quote:
Originally Posted by Frazod View Post
Earlier this morning I saw the price at one station had risen to $5.55, and a station directly across the street was at $4.97. Assuming that the cheaper one just hadn't risen its price yet, I filled up there.

This shit is insane.
Easy choice right there. As you're filling up do you look at the people filling up across the street and shake your head?
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Old 06-01-2022, 08:53 AM   #1577
Mr. Plow Mr. Plow is offline
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My smallish town is always behind everyone else, but noticed this morning on the way into work gas jumped from $3.99 to $4.19 overnight.
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Old 06-01-2022, 09:31 AM   #1578
Frazod Frazod is offline
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Quote:
Originally Posted by Eureka View Post
Easy choice right there. As you're filling up do you look at the people filling up across the street and shake your head?
These days I shake my head anytime I see a gas station.
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Old 06-01-2022, 09:43 AM   #1579
BlackHelicopters BlackHelicopters is offline
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Old 06-01-2022, 11:39 AM   #1580
ROYC75 ROYC75 is offline
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Old 06-01-2022, 11:57 AM   #1581
AdolfOliverBush AdolfOliverBush is offline
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There are multiple sources with similar stories:

https://www.businessinsider.com/gas-...-charts-2022-5
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Old 06-01-2022, 01:35 PM   #1582
Frazod Frazod is offline
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Quote:
Originally Posted by Frazod View Post
Earlier this morning I saw the price at one station had risen to $5.55, and a station directly across the street was at $4.97. Assuming that the cheaper one just hadn't risen its price yet, I filled up there.

This shit is insane.
Just drove past the same station. The price did indeed jump 58 cents to match the one across the street.

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Old 06-01-2022, 03:31 PM   #1583
Munson Munson is offline
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Quote:
Originally Posted by Frazod View Post
Just drove past the same station. The price did indeed jump 58 cents to match the one across the street.

That's one hell of a price increase!
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Old 06-01-2022, 04:10 PM   #1584
HemiEd HemiEd is offline
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Quote:
Originally Posted by Frazod View Post
Just drove past the same station. The price did indeed jump 58 cents to match the one across the street.

Yeah, we were in town today (Branson West) and it went from 3.99 to 4.29 while we were there.
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Old 06-02-2022, 07:12 AM   #1585
Mr. Plow Mr. Plow is offline
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Quote:
Originally Posted by Mr. Plow View Post
My smallish town is always behind everyone else, but noticed this morning on the way into work gas jumped from $3.99 to $4.19 overnight.
$4.19 on the way to work, $4.27 on the way home from work yesterday.
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Old 06-02-2022, 07:13 AM   #1586
Munson Munson is offline
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New record high national average of $4.715

Kansas state average $4.258

Missouri state average $4.301

https://gasprices.aaa.com/
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Old 06-02-2022, 07:44 AM   #1587
lawrenceRaider lawrenceRaider is offline
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Filled up for $4.03 yesterday in El Dorado. Strange to feel like that was a bargain as everywhere in Wichita seems to be $4.35 this morning.
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Old 06-02-2022, 08:12 AM   #1588
Donger Donger is offline
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https://www.cnbc.com/2022/06/02/oil-...tput-opec.html

OPEC and its oil-producing allies agreed on Thursday to hike output in July and August by a larger-than-expected amount as Russia’s invasion of Ukraine wreaks havoc on global energy markets.

OPEC+ will increase production by 648,000 barrels per day in both July and August, bringing forward the end of the historic output cuts OPEC+ implemented during the throes of the pandemic.

The group has been slowly returning the nearly 10 million barrels per day it agreed to pull from the market in April 2020. In recent months, output has risen between 400,000 and 432,000 barrels per day each month.
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Old 06-02-2022, 08:15 AM   #1589
displacedinMN displacedinMN is offline
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Old 06-02-2022, 08:16 AM   #1590
ArrowHeader ArrowHeader is offline
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Refineries are already at full capacity. If Louisiana or Texas get hit with hurricanes they will have to shut some of those down. It can takes weeks to start back up and get back to full capacity, and that’s if there are relatively few damages. Then you have the reserves which will all be empty sooner than later, and that will push prices higher. Good time to go buy a nice bicycle or a Vespa.
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