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Old 03-28-2015, 05:59 PM   #15
N1rve
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Just paid 3.23 for 91 in Los Angeles...
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Old 03-28-2015, 06:09 PM   #16
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Quote:
Originally Posted by Teseo View Post
The assholes who raise the price are the greedy arabians.
OPEC is made up of American's, Russian's, UAE representatives, Venezuelan's and any other oil rich countries. They have a huge conference I think every month and just 'speculate' (fancy word for guessing) on how the profit margins are going to be. It's not just Arabian's. Iran, Russia, and all the Evil countries will never have a war waged against them. They have the oil. Sad but true.
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Old 03-28-2015, 06:22 PM   #17
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that is until we no longer need oil, Hybrids are the writing on the wall , the stone age didn't end because we ran out of stones....
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Old 03-28-2015, 06:23 PM   #18
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Paid $2.58 a gallon for 93 at Costco in Frederick this afternoon.

Regular has crept up from $1.97 to about $2.34 in the last 3-4 weeks but holding steady there.
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Old 03-28-2015, 07:14 PM   #19
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Quote:
Originally Posted by stevesnj View Post
OPEC is made up of American's, Russian's, UAE representatives, Venezuelan's and any other oil rich countries. They have a huge conference I think every month and just 'speculate' (fancy word for guessing) on how the profit margins are going to be. It's not just Arabian's. Iran, Russia, and all the Evil countries will never have a war waged against them. They have the oil. Sad but true.

Neither the US or Russia are members of OPEC.

"Currently, the organisation has twelve members, namely: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela."


https://www.jodidata.org/about-jodi/partners/opec.aspx
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Old 03-28-2015, 07:18 PM   #20
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Originally Posted by 350matt View Post
that is until we no longer need oil, Hybrids are the writing on the wall , the stone age didn't end because we ran out of stones....
There is huge non-automotive demand for petro-based fuels.
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Old 03-28-2015, 07:24 PM   #21
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Still less than a Gallon of Milk.
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Old 03-28-2015, 07:26 PM   #22
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Quote:
Originally Posted by Tcoat View Post
Our price is still very low from when it plummeted back a few months ago so we are only paying around $4.50 a gallon for 93.
Before it dropped (and where it will eventually go back to) it was $6.50 a gallon most places.


Does that make you feel even better?
Canada.
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Old 03-28-2015, 08:19 PM   #23
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Our price is still very low from when it plummeted back a few months ago so we are only paying around $4.50 a gallon for 93.
Before it dropped (and where it will eventually go back to) it was $6.50 a gallon most places.


Does that make you feel even better?
Is that $6.50 moose or $6.50 BALD EAGLES?
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Old 03-28-2015, 08:27 PM   #24
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Is that $6.50 moose or $6.50 BALD EAGLES?
Loonies!
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Old 03-28-2015, 08:41 PM   #25
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If by assholes you mean the USW then yes, it has gone up. The prices aren't related to OPEC or anything else going on over in the sand lot, it's all stateside at the refineries.

http://www.chicagotribune.com/suburb...327-story.html
http://www.reuters.com/article/2015/...0MM33I20150326
http://www.hydrocarbonprocessing.com...efineries.html
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Old 03-28-2015, 08:59 PM   #26
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Originally Posted by ntron1 View Post
Still less than a Gallon of Milk.
Nope not here in Hawaii!
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Old 03-28-2015, 09:06 PM   #27
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Quote:
Originally Posted by WNDSRFR View Post
So the price of gas around here has sat at $2.39 for the longest time. That's for regular (87 oct) and a local station has ALWAYS charged .30 a gallon more for 93 oct. But suddenly they started to charge .40 a gallon more. Just like everyone else.
Then two days ago EVERYONE raised their price to $2.55 for regular. Not about $2.55 but exactly $2.55. Almost like there was some sort of collusion going on. I swear there must be someone somewhere who controls the price of gas at all stations with the press of a button. It's hard to find 93 oct anywhere anymore for less than $3.00.
Tomorrow I'm going to take the 100 mile round trip to get 50 gallons of E85. If it's less than $2.00 a gallon it will be worthwhile.


OK I've vented. I feel better now.
Seasonal swing dude. With EPA regs you have to change the blend of gas to stop evaporation from becoming a problem. Until the refineries are all at full tilt on summer blend there will be a short term shortage.

Stations have to mirror prices otherwise the guy that sets his price $.05 cheaper will run out before he gets his next scheduled delivery. Gasoline is a finite local resource so stations are generally allocated only so much per delivery.

The price hike on 93 is gouging. The wholesale price of 93 is not $.30 more than the wholesale price of 87. I'd be shocked if it's much more at all.
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Old 03-28-2015, 09:10 PM   #28
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Quote:
Originally Posted by stevesnj View Post
OPEC is made up of American's, Russian's, ...
Yeah, not so much.

http://www.opec.org/opec_web/en/about_us/25.htm

Member Countries:
Algeria
Angola
Ecuador
Iran
Iraq
Kuwait
Libya
Nigeria
Qatar
Saudi Arabia
United Arab Emirates
Venezuela
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