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Old 04-09-2007, 03:14 AM
 
Location: Tennessee/Michigan
28,965 posts, read 49,717,840 times
Reputation: 21030

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Prices are now up more than 60 cents since late January due to refinery outages.

(CNN) -- Gas prices jumped more than 18 cents over the past two weeks to a national average of $2.79 a gallon of self-serve regular, a national survey said Sunday.

That marks a rise of 60 cents since late January, said Trilby Lundberg, publisher of the "Lundberg Survey," which tallies prices every two to three weeks at about 5,000 gas stations.

http://money.cnn.com/2007/04/08/news...ex.htm?cnn=yes
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Old 04-09-2007, 06:17 AM
 
Location: Hell
606 posts, read 576,189 times
Reputation: 85
why not talk about oil problem?
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Old 04-09-2007, 06:49 AM
 
Location: Naples
1,247 posts, read 762,248 times
Reputation: 344
I don't believe there are refinery problems. The oil companies are gouging us again. Next January, we'll see reports of how 2007 was the most profitable year ever for companies like Exxon and Shell.
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Old 04-09-2007, 07:04 AM
 
Location: Hell
606 posts, read 576,189 times
Reputation: 85
refinery problems never exist
but resources are limited
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Old 04-24-2007, 08:03 PM
 
Location: coos bay oregon
2,096 posts, read 8,445,131 times
Reputation: 1301
i just know that the cheapo gas station on my way home is at 3.20 now. sigh.
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Old 04-24-2007, 08:10 PM
 
Location: Wi for the summer--Vegas in the winter
653 posts, read 3,201,006 times
Reputation: 277
So FIGHT BACK!!!! Take Public Transportation, Bike, Walk. At the very minimum, drive a FUEL EFFICIENT vehicle. What else can we do???
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Old 04-24-2007, 08:37 PM
 
1,486 posts, read 4,129,484 times
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It's all demand driven. China and India are booming. That is not going to stop in the near future. Add on that instability in the Middle East (all that "freedom on the march"), refiner problems, and seasonal demand shifts you are going to see prices go higher and higher.

But don't worry about that. Keep buying SUV's, buying McMansions 30+ miles from work, and discounting public transit.
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Old 04-24-2007, 09:08 PM
 
Location: in my imagination
11,777 posts, read 19,250,427 times
Reputation: 8199
Quote:
Originally Posted by LeavingFlorida05 View Post
I don't believe there are refinery problems. The oil companies are gouging us again. Next January, we'll see reports of how 2007 was the most profitable year ever for companies like Exxon and Shell.
low and behold Im actually starting to believe this myself.Government could help out by lowering taxes on gasoline also...but when pigs fly.

I must say I wouldn't be surprised though that true indeed we do hear about record profits latter on.....
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Old 04-24-2007, 09:12 PM
 
1,486 posts, read 4,129,484 times
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Actually I read the oil companies were downgraded recently because their sales are finally taking a hit because of the prices.
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Old 04-24-2007, 09:17 PM
 
8,753 posts, read 9,523,494 times
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It time we had an investigation into the obscene profits the federal and state governments are making on each gallon of gas! I just filled up my truck & out $89.63 , $11.48 went to the governtment! Now THAT is price gouging!!http://www.lmoga.com/taxrates.htm (broken link)

Last edited by silas777; 04-24-2007 at 10:31 PM..
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