NationStates Jolt Archive

I guesstimate $3.00 a gallon higher than average.

the cheap stuff near my house is going for 2.90 right now. I say it'll be well over three shortly. Hooray for metro!

I bought gasoline yesterday for $3.12. One of my co-workers bought gas today at $3.19

The day after, gas was at 2.76 here, but by closing time of that same night, it was at 2.96. The next day it was at 2.99, and today, the cheapest it was any where was 3.04.

I bought gasoline yesterday for $3.12. One of my co-workers bought gas today at $3.19
You are beating us then. This morning: 2.99; 8 hours later: 3.30.

It was $3.30 here yesterday, and is expected to rise.

Here, i went home to get money, the gas was $2.99, and when i got back, it was $3.19!!

$3.09 here. :(

It will probably top out at nearly $5

Oh by the way, I thought this was worth mentioning... Tuesday, one gas station was out of regular unleaded (but has got some in since then, I believe) and Today, another gas station was entirely out of all gas.

And that's not to mention the first football game for the Univerisity of Arkansas is this Saturday (home game), on top of Labor Day traffic...

Dammit! Get you holidays straight. This is Labor Day. That's the day we celebrate organized labor's conquest of the free-enterprise system. Memorial Day is in May, when we honor the soldiers that have died for our freedom.

$6.17 per gallon, heh €1.30 per litre it's supposed to be tomorrow in the dearest stations.

Dammit! Get you holidays straight. This is Labor Day. That's the day we celebrate organized labor's conquest of the free-enterprise system. Memorial Day is in May, when we honor the soldiers that have died for our freedom.
I then suggest you petition a mod to change it because due to forum set up I can't do shit.

By the way, just for some perspective on what may be causing such high prices...

After the hurricane hit, the southernmost 235 miles of the Mississippi river was closed off. It is just now being open up with restrictions, although it's not clear exactly what those restrictions are.

Anyway, once that begins to be more open, I imagine that fuel prices might start becoming more rational (in light of the events).

Look at oil prices today!:

http://www.bloomberg.com/markets/commodities/energyprices.html

Gas is down huge, heating oil's down huge, and so is natural gas...they're approaching within 20 cents of pre-hurricane levels, and refineries aren't even up yet. Crude prices are at pre-Katrina levels, and the government's finally taking action. It's working, and prices will be back to normal, or at most slightly above fairly soon.

We'll be alright, I think. :cool:

New Jersey's government is considering two anti-profiteering bills to prevent gas prices from rising out of control. One will make sure that gas stations can't sell gas for more than a 10% markup. The other will regulate what the wholesalers who supply the stations can charge. I don't think either one alone will do any good. Together they might bring prices down.

New Jersey's government is considering two anti-profiteering bills to prevent gas prices from rising out of control. One will make sure that gas stations can't sell gas for more than a 10% markup. The other will regulate what the wholesalers who supply the stations can charge. I don't think either one alone will do any good. Together they might bring prices down.

I think we need to fight it that way; rationing and price controls won't work. This option still allows them some profit margin and keeps prices low. A good idea, unlike the one in Hawaii.

Look at oil prices today!:

http://www.bloomberg.com/markets/commodities/energyprices.html

Gas is down huge, heating oil's down huge, and so is natural gas...they're approaching within 20 cents of pre-hurricane levels, and refineries aren't even up yet. Crude prices are at pre-Katrina levels, and the government's finally taking action. It's working, and prices will be back to normal, or at most slightly above fairly soon.

We'll be alright, I think. :cool:
Yet 99% of local gas station raised prices 30 cents in 8 hours?

Gas was at over $70 per barrel at one point.

I filled up on Monday morning for $2.47 today the same gas station is selling it for $3.29 (near Charleston, SC.)

I then suggest you petition a mod to change it because due to forum set up I can't do shit.
Not worth the effort. Cranky is my normal condition :)

Yet 99% of local gas station raised prices 30 cents in 8 hours?

That was panic, and was primarily due to the failiure of the government to halt energy trading to prevent an irrational, frenzied runup like they do with other disasters which incur such a risk.

However, now that we're taking action, prices will slowly return to normal. Those prices are today's, so any changes won't be seen until at earliest tomorrow.

New Jersey's government is considering two anti-profiteering bills to prevent gas prices from rising out of control. One will make sure that gas stations can't sell gas for more than a 10% markup. The other will regulate what the wholesalers who supply the stations can charge. I don't think either one alone will do any good. Together they might bring prices down.
Ah yes, another experiment that will validate the free market's ability to ration scarce resources is in progress. I guarantee that New Jersey will suffer the fate of Atlanta. There will be shortages and closed gas stations because of the controlled prices.

The stations that still have gas in Atlanta are going to be penalized soon. Because we have a demagogue for Governor, we have price-gouging rules, as well.

Well the Premium gas when over 3 as Katrina wrecked the place. A couple days later the midrange is breaking 3.

I figure by the 6th, the cheap gas will be $3.25

They were a few mentions of $4.

The shrub has already set the tone for high prices and I really doubt he will curtail it.

Ah yes, another experiment that will validate the free market's ability to ration scarce resources is in progress. I guarantee that New Jersey will suffer the fate of Atlanta. There will be shortages and closed gas stations because of the controlled prices.

The stations that still have gas in Atlanta are going to be penalized soon. Because we have a demagogue for Governor, we have price-gouging rules, as well.
On the whole NJ is a very well-run state. I think we'll do just fine.

The shrub has already set the tone for high prices and I really doubt he will curtail it.

Why do you think he tapped the SPR and waived all of the rules for getting oil and refined products in to the US while providing emergency power for refineries?

Why do you think he tapped the SPR and waived all of the rules for getting oil and refined products in to the US while providing emergency power for refineries?

And yet the prices keep going up.....

On the whole NJ is a very well-run state. I think we'll do just fine.
I guess two things can happen. First, gas prices can continue to rise and my predictions will be borne out. Second, the prices will naturally fall and no hoarding will take place. We do have an unnatural propensity to hoard bread, milk, and toilet paper in the Atlanta area, when faced with an inch or so of snow. I guess this may be a new variation on that theme. I suppose there could be a third possibility -- forced rationing like we had in the late '70s. Gas rationing and the BeeGees. What a great decade.

According to the AAA exactly one year ago gas prices were for regular were $1.852 on average. Today however $2.867. Whatever happened to our blood for oil thing we had going on with Iraq?

And yet the prices keep going up.....

Not much we can do other than prosecute gougers and keep the SPR open until the system's running again. We've stopped them from getting out of control.

Ah yes, another experiment that will validate the free market's ability to ration scarce resources is in progress. I guarantee that New Jersey will suffer the fate of Atlanta. There will be shortages and closed gas stations because of the controlled prices.

Does not follow.

Gas by my house is $3.30. I actually went to Buffalo from where I live (Rochester, NY), and saw that several of the gas stations were actually changing the price before our eyes.
Anyhow, after Labor Day, prices will be around $4.50. They will go back to under $3, I would think, when that gas from Europe finally gets here, and the panic subsides.

I guess two things can happen. First, gas prices can continue to rise and my predictions will be borne out. Second, the prices will naturally fall and no hoarding will take place. We do have an unnatural propensity to hoard bread, milk, and toilet paper in the Atlanta area, when faced with an inch or so of snow. I guess this may be a new variation on that theme. I suppose there could be a third possibility -- forced rationing like we had in the late '70s. Gas rationing and the BeeGees. What a great decade.
What's wrong with the BeeGees?!?!?

Does not follow.
Okay, maybe folks in New Jersey are different. Most places, price controls will guarantee shortages of scare resources. We saw that in Georgia during Hurricane Charley? a few years back. People evacuated and rented motel rooms. Motel owners would have raised prices, but were prevented from doing so under threats of severe fines. So what happened? Families that might have rented one $100 room decided to rent a couple $50 rooms instead. When the last folks came out of Florida, were there rooms left? Of course not. Would there have been more rooms to rent if they all cost $100? Of course.

Same thing with gas. We had our first gas scare the other day. Some stations kept the prices around $3 a gallon, while others raised it to whatever they thought was acceptable. Up to $10 a gallon for premium, in some places. What do you suppose happened? All the $3 a gallon places ran out of gas and still haven't had it replaced. The $5 and $10 a gallon places are still pumping gas.

What's better, having cheap gas until it runs out, or having expensive gas that you can count on being available? The free market works to ensure availability. That's a lot more useful when you have to make that trip to the grocery store for bread, milk, and toilet paper. And then we can start talking about the advantages of conservation.

Now, I've given you a couple hundred words, how about a well thought out response. "Doesn't follow" won't cut it.

What's wrong with the BeeGees?!?!?
'Stayin' Alive'?