Author Topic: Today news....gas prices going up to near $5 tomorrow  (Read 85443 times)

Offline Sojourner

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Today news....gas prices going up to near $5 tomorrow
« on: September 11, 2008, 05:03:28 PM »
http://www.wltx.com/news/story.aspx?storyid=66097&catid=2

You might want fill up diesel if you can, tonight.

Yike, Yike, Yike, Yike

Sojourn for Christ,  Gerald

PS...already a line up at our Elloree SC gas station at 6:30 pm.
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Offline niles500

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #2 on: September 11, 2008, 05:24:21 PM »
It's sad, because the price continues to drop on the international market, the Per barrel price is very close to 100 now and still falling.  It's too bad that the greed that this is a part of couldn't be curtailed in some way, the pump price has always been tied to the market price of crude, this is completely against that principle and purely motivated by greed and the urge to take advantage of the people that are being hit by Ike.  This is gouging in the most horrendous way ( I put that word in for slow rider, he likes when I use a big word now and then, even if I don't know what it means).lol

Offline belfert

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #3 on: September 11, 2008, 05:46:20 PM »
Gas prices today up here in Minneapolis are still pretty stable.  Good thing I just filled my TDI Golf yesterday and won't need to fill again until maybe Oct 1st.

I'm hoping damage from the hurricane is minimal since I'm doing 4,000 miles in my bus in 10 days.  Maybe the $5 a gallon we were planning for earlier this summer will come true.  (Hope not!)
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Offline JohnEd

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #4 on: September 11, 2008, 06:03:33 PM »
There will be episodes and incidents that will keep fuel on peoples minds but the gas price will drop until the Nov elections are over.  :P Then it will skyrocket till people scream and then it will drop back to just a little higher than it started and most will breath a collective sigh and forget about it.  ???

My prediction,

John
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Offline kyle4501

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #5 on: September 11, 2008, 06:10:56 PM »
All the media has to do is say BOO! concerning gas price/ availability & everyone runs out to fill their tanks with gas. The sudden rise in demand causes local outages. Then neighboring areas get spooked & the panic spreads.

After Katrina, the media was reporting the pipelines were flowing at only 60% of capacity, fueling continued panic & stress. What they didn't report was that 60% was normal capacity & production was back to normal.

Sure, there will be limited production as a result of the storm, but we could weather this easier if we didn't panic & rush out to 'get it before someone else does'.

Just my thoughts . . . .
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Offline Nick Badame Refrig/ACC

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #6 on: September 11, 2008, 06:52:29 PM »
Hay,

Now there's an industry the gubberment should be stepping in on but, nnnoooo....

Just my 2 gallons
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Offline Charles in SC

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #7 on: September 11, 2008, 07:13:14 PM »
What is supposed to have caused it? The prices in Spartanburg seem to be steady.
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Offline Nick Badame Refrig/ACC

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #8 on: September 11, 2008, 07:15:29 PM »
IKE in the gulf of Mexico

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Offline bubbaqgal

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #9 on: September 11, 2008, 07:16:20 PM »
I am confused. Why is gas supposed to jump about $1.00 in one day?  That in itself would be a record jump.  What is happening tomorrow to make it go that high? A hurricane will not make it jump that much at one time.
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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #10 on: September 11, 2008, 07:19:04 PM »
It's just good old fashioned price gouging.

Offline niles500

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #11 on: September 11, 2008, 07:23:42 PM »
I don't know that it changed - it was $3.33 in Greenville this afternoon? Might be some local rip offs?
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Offline FloridaCliff

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #12 on: September 11, 2008, 07:26:51 PM »
Really!

Well, we will just see about that.................

Speculation X Panic = Distorted reality

YMMV

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Offline kyle4501

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #13 on: September 11, 2008, 07:28:11 PM »
I am confused. Why is gas supposed to jump about $1.00 in one day?  That in itself would be a record jump.  What is happening tomorrow to make it go that high? A hurricane will not make it jump that much at one time.

What Cliff said +

Supply & demand.

People lining up to get it.

If we ALL said "no thanks, I'll walk (or take vacation or time off w/o pay or whatever)" Then the prices wouldn't go or stay that high.

When enough charge more & we still buy it, the rest raise their price so they aren't left out.


I don't know that it changed - it was $3.33 in Greenville this afternoon? Might be some local rip offs?
It was $3.619 this afternoon on my drive home from Spartanburg to Greer & Nancy said the prices from Greenville to greer weren't much different either.
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Offline TomC

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Re: Today news....gas prices going up to near $5 tomorrow
« Reply #14 on: September 11, 2008, 08:37:24 PM »
Just bought Diesel in L.A. tonight for 3.99.  Good Luck, TomC
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