Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Arizona > Phoenix area
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-20-2013, 03:16 PM
 
Location: Hard aground in the Sonoran Desert
4,866 posts, read 11,222,821 times
Reputation: 7128

Advertisements

Quote:
Originally Posted by Ponderosa View Post
Wholesale gas price dropped 8 cents/gallon in trading today.
So that will mean only a 5 cent/gallon increase overnight.
Reply With Quote Quick reply to this message

 
Old 02-20-2013, 05:20 PM
 
10,494 posts, read 27,241,410 times
Reputation: 6718
Quote:
Originally Posted by Potential_Landlord View Post
What is absolutely NOT ok about our gas prices is that crude oil is down from 2008 peaks 97/149 or so = 1/3 down from the peak. Gas prices, however, are much closer to their peak. That makes no sense whatsoever other than someone gouging in the chain from crude to gasoline. This is really maddening!!!
You have to remember there is now a large 20 dollar spread between Brent and WTI. Brent is $115 a barrel currently so that is why gas is higher. Back in 2008, Brent and WTI were about the same.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Arizona > Phoenix area
Similar Threads

All times are GMT -6. The time now is 06:45 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top