Gas Prices...

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n8rsk8r

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If you go to CNN right now, Fridaynight/Saturdaymorning 5/12/07 there is a video where a college is trying to covert bio-methane into a usable gas to power cars... and buses for the city. Go check it out!:thumb:

Video: Cow manure fuels buses
 

inverse1216

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premium is up to 3.50 here. i prefer citgo gas. i stopped using bp after they had all that trouble with water in thier gas and f'd up a bunch of peoples cars.
 

Wht91+

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Thats true. And Im guessing I have to play mechanic in that situation too huh. hahaha
 

n8rsk8r

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Waaaa HOOOO!!!! I feel sooooooo lucky to pay $3.39 for gas today when yesterday it was $3.12, this morning $3.19 and finally as of 4:00PM $3.39!!!

Oh man, I would have been foolish to want to actually HAVE something to show, or for my SHO... for my hard earned money!!

:thumb: :thumb: :thumb: :thumb: :thumb: :thumb:
 

MycroSopht

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From: http://www.consumeraffairs.com
May 18, 2007

Another day, another penny and a half for Big Oil as gasoline prices hit a new record for the sixth consecutive day. The national average price for regular self-serve is now $3.129, up 1.5 cents overnight, according to the AAA automobile club.

While gas prices have climbed steadily throughout most of the country this week, in some parts of California prices have dropped slightly, perhaps suggesting the worst of the price run-ups might be easing.

Despite the slight declines in California however, energy traders and analysts are concerned that gasoline supplies are not catching up to demand with the summer driving season right around the corner and those worries are exacerbated by a string of planned or unexpected refinery shutdowns.

The Energy Information Administration reported Wednesday that gasoline stocks, while increasing to 195.2 million barrels last week, remained well below the average for this time of year.

A 10 percent decline in U.S. gasoline imports has also left supplies tight.

The average price of mid-grade unleaded gasoline is now $3.32 a gallon, and premium unleaded gasoline is selling for $3.44 a gallon.

Diesel fuel prices continued to remain stable at $2.91 a gallon.

Drivers in Needles, California are seeing the highest gasoline prices at $4.09 a gallon and drivers in Lindsay, Oklahoma are seeing the lowest price at $2.49 a gallon.

While Big Oil blames record gasoline prices on unexpected refinery shutdowns, Congress is questioning whether industry mergers and investment decisions have erased a supply cushion.

The House Judiciary Committee's antitrust task force opened hearings on oil industry concentration with the committee chairman noting that gasoline prices have soared well above $3 a gallon and asking, "How did we get into this mess?"

"Oil companies today are enjoying record profits, and while they could use those profits to invest in more production capacity, instead they use the money to buy back shares in the markets," complained Representaitve John Conyers Jr., D-Michigan, the panel's chairman.
 

Wht91+

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I paid $3.65 for premium today. It was $3.45 for 87 oct. and when I got into Watertown it was $3.29 for 87 oct. and $3.49 for premium, 93 oct.

p.s. I also got a pack of Marb lights and those where still $3.46 a pack "same for the past 2 years"
 

MycroSopht

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Update!

Here i go again.. little update and some prices from around the world.
Source and more Good info.


Worried that we may soon have to pay $4/gal? Well, if we do end up paying that much, it seems that we would only be in the middle of the pack when we start looking at global gas prices:

Source: CNN Money
Netherlands, Amsterdam........................... $6.48
Norway, Oslo..................................... $6.27
Italy, Milan..................................... $5.96
Denmark, Copenhagen.............................. $5.93
Belgium, Brussels................................ $5.91
Sweden, Stockholm................................ $5.80
United, Kingdom London........................... $5.79
Germany, Frankfurt............................... $5.57
France, Paris.................................... $5.54
Portugal, Lisbon................................. $5.35
Hungary, Budapest................................ $4.94
Luxembourg....................................... $4.82
Croatia, Zagreb.................................. $4.81
Ireland, Dublin.................................. $4.78
Switzerland, Geneva.............................. $4.74
Spain, Madrid.................................... $4.55
Japan, Tokyo..................................... $4.24
Czech Republic, Prague........................... $4.19
Romania, Bucharest............................... $4.09
Andorra.......................................... $4.08
Estonia, Tallinn................................. $3.62
Bulgaria, Sofia.................................. $3.52
Brazil, Brasilia................................. $3.12
Cuba, Havana..................................... $3.03
Taiwan, Taipei................................... $2.84
Lebanon, Beirut.................................. $2.63
South Africa, Johannesburg....................... $2.62
Nicaragua, Managua............................... $2.61
Panama, Panama City.............................. $2.19
Russia, Moscow................................... $2.10
Puerto Rico, San Juan............................ $1.74
Saudi Arabia, Riyadh............................. $0.91
Kuwait, Kuwait City.............................. $0.78
Egypt, Cairo..................................... $0.65
Nigeria, Lagos................................... $0.38
Venezuela, Caracas............................... $0.12
 
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