Re: GASOLINE ? ..... How much is yours ?
[Re: 4406bbl]
#2755096
03/23/20 04:16 PM
03/23/20 04:16 PM
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Joined: Jan 2003
Posts: 12,803 East Bay, N. Cal.
calmopar
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 12,803
East Bay, N. Cal.
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I have no idea - my tanks are full and I'm not driving anywhere. I'm not even leaving the house except to get some air in the back yard.
Trying to enjoy life!
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Re: GASOLINE ? ..... How much is yours ?
[Re: calmopar]
#2755121
03/23/20 05:16 PM
03/23/20 05:16 PM
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Joined: Apr 2007
Posts: 2,922 Calgary, Alberta Canada
a12rag
master
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master
Joined: Apr 2007
Posts: 2,922
Calgary, Alberta Canada
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I have no idea - my tanks are full and I'm not driving anywhere. I'm not even leaving the house except to get some air in the back yard. X2 !!! . . .last time I looked, it was $0.67/litre . . . with exchange rate, etc, works out to approx. $1.90(us funds)/us gallon . .
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Re: GASOLINE ? ..... How much is yours ?
[Re: jcc]
#2755307
03/24/20 06:49 AM
03/24/20 06:49 AM
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Joined: Nov 2010
Posts: 3,696 jersey
Spaceman Spiff
master
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master
Joined: Nov 2010
Posts: 3,696
jersey
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This is the way it works, crude goes from $54/barrel to $55, gas goes up $.07 a gallon. Crude goes $55/barrel to $29, gas goes down $.45. Makes sense to me. Because the tax doesn’t go down...
526 cubes of angry wedge, pushbutton shifted, 9 passenger killer!
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Re: GASOLINE ? ..... How much is yours ?
[Re: Spaceman Spiff]
#2755578
03/24/20 08:31 PM
03/24/20 08:31 PM
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Joined: Jun 2006
Posts: 12,066 (Central) PA
Runner2go
I Live Here
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I Live Here
Joined: Jun 2006
Posts: 12,066
(Central) PA
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This is the way it works, crude goes from $54/barrel to $55, gas goes up $.07 a gallon. Crude goes $55/barrel to $29, gas goes down $.45. Makes sense to me. Because the tax doesn’t go down... The price of a barrel of oil never has a direct relationship to the price of gas... as in, it doesn't go down exactly "X" cents for every $1 reduction every time. However the spot price of refined RBOB Gas usually does... Take that price add State & Fed taxes, plus a margin it's usually pretty easy to see where the price is going to go, either up or down. But clearly that's not the case now.... Jan RBOB was $1.65/g Yesterday it was $0.42 Today it was back around $0.55... but still over a dollar lower than it was 2 months ago. One would think gas should soon be a buck lower than it was in Jan based on the price of refined wholesale gas. But around here we are only down about 45 cents... so far.
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Re: GASOLINE ? ..... How much is yours ?
[Re: Runner2go]
#2756495
03/27/20 02:17 PM
03/27/20 02:17 PM
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Joined: Dec 2003
Posts: 22,699 Bitopia
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 22,699
Bitopia
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This is the way it works, crude goes from $54/barrel to $55, gas goes up $.07 a gallon. Crude goes $55/barrel to $29, gas goes down $.45. Makes sense to me. Because the tax doesn’t go down... The price of a barrel of oil never has a direct relationship to the price of gas... as in, it doesn't go down exactly "X" cents for every $1 reduction every time. However the spot price of refined RBOB Gas usually does... Take that price add State & Fed taxes, plus a margin it's usually pretty easy to see where the price is going to go, either up or down. But clearly that's not the case now.... Jan RBOB was $1.65/g Yesterday it was $0.42 Today it was back around $0.55... but still over a dollar lower than it was 2 months ago. One would think gas should soon be a buck lower than it was in Jan based on the price of refined wholesale gas. But around here we are only down about 45 cents... so far. I don't disagree with your main premise, but say if crude goes up a $1.00, and gas then goes up $.07, the next day, and a week later crude goes down a $1, followed by gas going down 5? days later $.03, and increases are always blamed on the increase cost of crude, its rather hard IMO to argue with my premise of the whole announced price basis told the public is really just BS, it's really just supply and demand, get as much as the market will bare.
Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
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Re: GASOLINE ? ..... How much is yours ?
[Re: jcc]
#2756496
03/27/20 02:20 PM
03/27/20 02:20 PM
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Joined: Dec 2003
Posts: 22,699 Bitopia
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 22,699
Bitopia
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Haven't seen any shared pricing on E-85?
Did it drop much or any?
Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
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Re: GASOLINE ? ..... How much is yours ?
[Re: jcc]
#2756501
03/27/20 02:27 PM
03/27/20 02:27 PM
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Joined: Jan 2005
Posts: 12,422 Kalispell Mt.
HotRodDave
I Live Here
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I Live Here
Joined: Jan 2005
Posts: 12,422
Kalispell Mt.
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Gas finnaly under $2 here! Been going down about a dime a day for the last few days.
I am not causing global warming, I am just trying to hold off a impending Ice Age!
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Re: GASOLINE ? ..... How much is yours ?
[Re: jcc]
#2756502
03/27/20 02:28 PM
03/27/20 02:28 PM
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Joined: Jan 2003
Posts: 43,607 Round Lake Beach, Illinoisy
Rhinodart
Rhinotruck
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Rhinotruck
Joined: Jan 2003
Posts: 43,607
Round Lake Beach, Illinoisy
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Haven't seen any shared pricing on E-85?
Did it drop much or any? They quit selling it around me, cost more than to produce than what regular gasoline is selling for right now!
The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.
JB Rhinehart, Realist
A-Body's RULE!
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Re: GASOLINE ? ..... How much is yours ?
[Re: Rhinodart]
#2756529
03/27/20 04:10 PM
03/27/20 04:10 PM
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Joined: Jan 2007
Posts: 10,156 A Red State
SNK-EYZ
I Live Here
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I Live Here
Joined: Jan 2007
Posts: 10,156
A Red State
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It's now down to $1.09 in the southwest part of the state, yet it's still $1.91 in this area (30 miles west of St.Louis).
Kayse can't keep up at all now. lol
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Re: GASOLINE ? ..... How much is yours ?
[Re: SNK-EYZ]
#2756537
03/27/20 04:39 PM
03/27/20 04:39 PM
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Joined: Jul 2008
Posts: 30,474 Florida STAYcation
dOc !
The village idiot's idiot
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The village idiot's idiot
Joined: Jul 2008
Posts: 30,474
Florida STAYcation
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It's now down to $1.09 in the southwest part of the state, yet it's still $1.91 in this area (30 miles west of St.Louis). 109 ? ... As some might say — PIX or it didn’t ......
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