Gas jumps 5 percent in July, now $3.50 nationally - Sports cars, sedans, coupes, SUVs, trucks, motorcycles, tickets, dealers, repairs, gasoline, drivers... - Page 7 - City-Data Forum

snofarmer · 08-17-2012, 09:01 AM

Labor day weekend is just around the corner.
Fuel prices always creep just before a high demand weekend, or holiday.

steel7 · 08-17-2012, 04:59 PM

When the economy is good gas is high. Gas prices will continue to climb. How high is anyones guess. The oil companies are surely reaping the profits.
Oil rises; US considers release from reserves | ksl.com

Peerless · 08-17-2012, 07:32 PM

Releasing the reserves won't do squat diddly.

Drover · 08-18-2012, 08:00 AM

Quote:

Originally Posted by Peerless

Releasing the reserves won't do squat diddly.

Now now, just because it won't do squat diddly doesn't mean a struggling incumbent president shouldn't try it anyway, coincidentally within weeks of the election...

Not to get too political in the Automotive thread, but let's be realistic about what any release from the strategic reserve at this particular point in time is really designed to accomplish.

steel7 · 08-18-2012, 06:00 PM

Releasing the reserves is just a temporary fix. From what i heard on the news is to expect gas to climb & the national avg should be $4.00 by labor day. Ca will be at least be $4.25 or higher. A qt of qs oil at auto zone is now $5.00. This is all just crazy.