Gas shocker

[highup]

How come when the gas price finally dropped to $4.75 at the 76 station, within $24 hrs it's now $5.16
Chevron is always highest, but they haven't heard the news I guess, so I filled up there at $5.00 it's going to be higher in the morning.

Haven't seen the news yet tonight. Did Putin drop a nuke or something?

 

[highup]

Something has happened since The Donald left office.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m

 

[C.J.]

Just a week or two ago it was $3.79 here. Now it’s back up to $4.49, and that’s in the ghetto part of town. Another $130 to fill up.

 

[highup]

But what happened to cause this?
I haven't been watching a lot of news except for clips of fox on the internet. Usually when prices make a dramatic rise there's a cause.

 

[C.J.]

But what happened to cause this?
I haven't been watching a lot of news except for clips of fox on the internet. Usually when prices make a dramatic rise there's a cause.

The oil companies like making money.

 

[Incognito]

The oil companies like making money.

https://www.google.com/search?client=firefox-b-1-d&q=when+oil+price+went+negative?
It's a very expensive and risky business. There's money to be made. There's a lot of money LOST in this industry as well.

 

[C.J.]

https://www.google.com/search?client=firefox-b-1-d&q=when+oil+price+went+negative?
It's a very expensive and risky business. There's money to be made. There's a lot of money LOST in this industry as well.

I think they learned a valuable lesson a few years ago and won’t make that mistake again.

 

[Floorist]

Bidenomics

 

[highup]

The oil companies like making money.

So do I. I'm raising my basic install to $20/yd.
That will show em!

 

[C.J.]

So do I. I'm raising my basic install to $20/yd.
That will show em!

Come on over to the LVP side, I’ve been getting $20/ yd for years.

 

[Incognito]

But what happened to cause this?
I haven't been watching a lot of news except for clips of fox on the internet. Usually when prices make a dramatic rise there's a cause.

Pretty sure this misunderstanding is because people expect the gas to be priced on what the station owners paid to fill that 40,000 underground tank--------last weeks prices. In fact it's my understanding that they try to price the product where they'd EXPECT to be paying to refill. That explains why prices have never gone down as quickly as they go up in a crisis.

I'd hate to have my life's investment dependent on what a barrel of oil or gallon of refined gas will be selling for next week/month. Stock/Bond market's tanking. Russia's threatening to go balls out into Ukraine and your buddy Joe Biden is promising to fight China over the island of Tiawan.

 

[C.J.]

Refinery fire in Ohio.

 

[C.J.]

Just a thought but is it really a gas shocker? Everybody knows the drill by now. Hopefully you adjust your budget and business strategy accordingly.

 

[highup]

Refinery fire in Ohio.

But I don't live in Ohio
Been working all day cleaning up my HVLP sprayer and I'm about to head into town see "what's for dinner". I'll pass by the gas station to see if gas has gone up to 9 bucks overnight.

 

[havasu]

I read Los Angeles, which has 3 refineries, decided two would shut down for routine maintenance, which increased our prices up about $.40 a gallon overnight. I thought we had a federal investigation going on with the corrupt oil companies and their hidden price raising tricks? And yet, California is getting that crazy road tax. Our roads should be lined with gold by now, unless it is diverted for the third time to build that train to nowhere for those 4 Hispanic families in the central valley?

 

[Floorist]

I read Los Angeles, which has 3 refineries, decided two would shut down for routine maintenance, which increased our prices up about $.40 a gallon overnight. I thought we had a federal investigation going on with the corrupt oil companies and their hidden price raising tricks? And yet, California is getting that crazy road tax. Our roads should be lined with gold by now, unless it is diverted for the third time to build that train to nowhere for those 4 Hispanic families in the central valley?

Kansas City built a train in town a few years ago, it loses money every year. So of course they want to make it longer.

 

[highup]

Kansas City built a train in town a few years ago, it loses money every year. So of course they want to make it longer.

Years ago there was a skit on Saturday night live where they were mocking a real Bank commercial.
This company exchanges monies and currencies from different countrys but they didn't charge any for their service.
The guy says:
You may ask how we can afford do this for free....
.....volume, he says, volume.