I live in Venice (basically 3 bucks a gal.) and every Sunday drive 100 miles to Muni in Santa Barbara. Each visit now costs me about 35 dollars, up from about 20 smackers last year. That’s starting to smart.
JL
I live in Venice (basically 3 bucks a gal.) and every Sunday drive 100 miles to Muni in Santa Barbara. Each visit now costs me about 35 dollars, up from about 20 smackers last year. That’s starting to smart.
JL
I didn’t actually “search”, but I did scroll through the first couple pages of JC looking for a gas-related thread before posting mine. Somehow I missed bugman’s thread. I haven’t had much opportunity to read these great forums lately either. Well, no one yelled at me. And my thread does have a different focus (it’s more statistically oriented). Sorry for the duplicity!
$3.49.9 regular, $3.59.9 mid grade, $3.69.9 Telluride Colorado
i don’t drive i ride my uni. or if im in a big hurry i ride my moms racing bike from 1975. it has all of te original parts, including the tires. i can do about 32 mph all the way through town. but i only do 30 oterwise i could be pulled over.
yes i ride a bike. but only if it was built before unicycles were manufactured on a large scale.
Gas prices rose 30 cents in the last 3 weeks, and are going to REALLY increase this summer…
The oil companies are reaping HUGE profits, and their stocks are earning BIG for shareholders.
what’s everybody at?
We’re sitting right at CAD$1/litre, at todays exchange rate that works out to about USD$3.29/gallon.
3 dollars a gallon. Wow! If you expect any sympathy from the Brits, you will not get it.
Something in the order of $7.50 per gallon here. Put that in your SUV and set fire to it.
Nao
For Brits that’s roughly GBP2.26/gallon
Usually there is a gas price increase this time of year, but it’s started a month later than last year this time.
Wellington, New Zealand:
NZ$2.61/L Unleaded 91
That’s US $1.60/L
If you, in the USA, call petroleum “gas”, what do you call the stuff you cook with? And no smarty pants “electricity” replies please.
Would the name “gas cooker” not cause confusion and even the odd explosion?
Nao
Gas stoves use natural gas. What’s a gas cooker?
There’s “gasoline” for cars, which is shortened to “gas” because… well… we’re lazy.
The “natural gas” that we cook with in homes and use for heat is also shorted to “gas” because… well… see above. We’re lazy.
However, the context is almost always clear. We don’t put natural gas in our cars and we don’t put gasoline in our stoves. I can’t recall an instance in which I was confused over which one someone was talking about.
That all aside, I have a lot of UK, Canadian and Aussie friends and I sometimes say petro now and again.
Is that just to boost company profits on a regular basis?
To complicate things, in the USA we now have many busses and vehicles which run on natural gas, rather than gasoline.
It’s based around the basic “supply vs. demand” model of economics and americans do A LOT more traveling (much of which is via automobile) during the summer. It tends to start with Memorial Day and goes until Labor Day.
Thanks for building the redundancy into your comments. I can rarely be bothered to “see above”. I wonder why that is?
Right. Raise the prices to make more profit, when Americans are using more gas. It has less to do with supply, since they always keep plenty of “oil reserves.”
Of course, the recent increase was greater than the usual seasonal increase, and the one coming this summer is FAR greater.
Oil company shareholders are very happy.
I’m not saying I agree with what’s going on recently - just that these are the reasons behind the “traditional” increases.
I’m still waiting for someone to answer this question for me - “If oil prices keep rising, and oil companies have to keep ‘increasing the prices to compensate for the additional raw oil prices’, then why do oil companies continue to earn ‘record-breaking profits’ year-after-year?”
I take it since you know this, and most others don’t, you have brought futures for this commodity?