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View Poll Results: What's a gallon on regular unleaded go for in your neighborhood?
Under $2.85 0 0%
$2.86 - $2.90 1 5.56%
$2.91 - $2.95 2 11.11%
$2.96 - $3.00 3 16.67%
$3.01 - $3.05 1 5.56%
$3.06 - $3.10 3 16.67%
$3.11 - $3.15 0 0%
$3.15 + 8 44.44%
Voters: 18. You may not vote on this poll

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Old 05-02-2007, 11:11 AM   #1
jfrenaye
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Default Gas Prices in your Neighborhood

What is the price of regular unleaded in your neck of the woods?

Poll will close in two days!
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Old 05-02-2007, 11:11 AM   #2
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$2.79 yesterday, $2.85 this morning. Up, up, and away!

Update: $2.89 at lunchtime.

Last edited by Gesualdo; 05-02-2007 at 03:45 PM.
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Old 05-02-2007, 11:35 AM   #3
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$3.25 for Alliance in my neighborhood.
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Old 05-02-2007, 11:48 AM   #4
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Yikes. On the other thread I reported they were quoting $3.19 this morning. We were at $2.65 on April 22. By the noon news it's $3.25. That's an increase of $.60 in just ten days. And analysts say that the peak season hasn't hit yet.

Who needs Vegas when you can just gamble at your neighborhood service station.
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Old 05-02-2007, 11:52 AM   #5
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Still $2.99
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Old 05-02-2007, 11:58 AM   #6
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Coming back from Seattle over the weekend we paid $3.27 at an ARCO, the Shell and Union 76 were 10 cents more. Oregon has the highest aveage gas prices I hear. Average price in Portland is $3.25-3.30.
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Old 05-02-2007, 12:18 PM   #7
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Quote:
Originally Posted by mtp51 View Post
Still $2.99
Well the west coast of Michigan is leading the pack, Marge, with Grand Haven and Holland first raising to $3.25. I suggest you convert your vehicle to just burn dollar bills when you head up to the cottage.
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Old 05-02-2007, 12:19 PM   #8
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We are at $2.859, I started getting heart palpatations just reading this thread. (and it was not in a good way!)
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Old 05-02-2007, 11:52 PM   #9
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In the St. Louis area, it's been on a roller coaster. It started at $2.68 Monday last week, and was up to $2.98 as of this morning. On the way home, I noticed that Quik Trip stations across the northern suburbs lowered the price to $2.92.

The odd aspect (aside from the wild swings in price) is that normally, gas in Illinois and Kansas costs about 10 cents more per gallon than in Missouri (lower taxes?). For the last few days, the price in Illinois has remained stable while the price in St. Louis climbed until it matched that of the other side of the river. It was as if stations decided to push the price to match the Illinois side. Only today has that changed for the better. As Barbarino used to mutter, "So weird...so weird!"
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Old 05-03-2007, 06:06 AM   #10
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JBM, I have some expertise in this area, having been the first plant manager and later CFO of a specialty oil and chemical company in the past for more than 20 years. JBM, I think what you've written about, can probably be seen across the country at this point. The Oklahoma refinery fire has, at least temporarily, caused prices to rise, as has the foiled plot to damage the oil fields in Saudi Arabia. The world is gobbling up every drop of oil produced at this point. Excess capacity is long gone. Price sensitivity is at the critical point because of those facts.

Here in the Philadelphia region a couple of weeks ago, premium was at $3.35. Then it dropped. The day before the fire, I filled up at $3.05, then yesterday I noticed premium prices had risen again to between $3.20 and $3.30.

If we want gas and fuel oil price stability in this country several things are going to have to happen. First, we're going to have to invest in new refinery capacity, but so far that hasn't happened despite the obscene profits being made in the oil industry. This industry is most definitely putting short term profit ahead of long term anything. Second, we're going to have to invest in new petroleum exploration within our own country, and through our country's investments, off shore (other countries where there would be a sharing of product and profits), and in the seas., Third, we're going to have to put major investment in alternative sources of energy, such as nuclear, solar, and wind. At this time the government's so-called major investment, is a tiny drop in the bucket, regardless of what the administration calls it.

In my opinion, market factors, and primarily governmental tax structures in the US make it far more profitable for the oil industry to not invest in new refinery capacity, and sit on oil leases instead of explore them. The industry has said the opposite, but time and time again in the last decade, only independents have explored their leases, while the big boys investments have sat idle, while they've waited until their leases require exploration or loss of the lease, to push up prices. Meanwhile on the alternate energy front, investment by the Federal Government has been a pittance compared to what's necessary. This has not been just the current Bush administration. The need for this kind of investment was clearly indentified and promised by the first Bush administration, and the Clinton administration, and not any of these three presidents saw that it was done. In addition, tax incentives, crucial to development of new energy has languished in committee of the Congress for years, with only minor adjustments to the tax code forthcoming. So far our government has been all talk and has shown no real seriousness when it comes to the issues of alternative energy, except to support bio-fuel, which as it turns out is probably more harmful to the environment than gasoline, according to the results of recent studies.

Competent proposals, which would be effective, are being ignored in our country, in part because of irrational fear, in part because of short term profit, in part because of a government too chummy with the oil industry, and in part because of a national electorate not being enough demanding of change, in my opinion. Sooner or later, change will occur, but only when the American public forces the change.
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