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FORUMS General Discussions Open Forum How Much Did You Pay For Gas Today
TOPIC: How Much Did You Pay For Gas Today
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gas up .14 in three days to 2.53

Rockport MA
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Nca please keep your liberal tree huggers in Ca. The city of Honolulu just did a new count of homeless and it up by 200 new ones in 6 months and 0ver 150 are from Ca. They said that some cities were giving free one way tickets to Honolulu to the homeless. We have more than enough people coming into the state from Asia let alone Ca. You want your state back quit electing the people that put Ca. in that state years ago and keep pushing for more reforms at the residents expense.

Honolulu HI
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2for PLEASE !!! I want my state back.

Ukiah CA
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Lol

Windermere FL
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Nca Hawaii has enough stupid people of our own we don't need any more from Ca. Keep them there as they have messes up your state enough. Beside we have more then enough of your homeless laying around sapping Hawaii tax base.

Honolulu HI
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Ncalcouple- the strike as it stands right now has minimal effect on the price of gas. Though the explosion at the refinery last week and this is the time of the year when refineries scale back production to make repairs and clean the systems to get ready for the summer season are and have always has an affect of the price of gas.

New York NY
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What you are seeing is a local phenomenon. Nationally, diesel has barely moved in 6 weeks, and is actually well below what it was a few months ago.

//ycharts. com/indicators/us_diesel_price

Windermere FL
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va the gas price you talk about is probably reasonable but not to the huge jump in diesel prices of over a dollar a gallon for the same time period

Rockport MA
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I also forgot to mention that workers at 12 refineries representing 20% of national production capacity have been on strike for 4 weeks, impacting supply.

Windermere FL
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Guys -

Prices at the pump lag around 30 days behind changes in crude price because gasoline futureS contracts are made out on 30 day delivery terms. Around Jan. 20 the price of WTI crude was around $45 a barrel. Ideally you can get around 40 gallons of fuel from a 42 gallon barrel so the crude component is about $1.12 a gallon.

In the last week of January the price of oil jumped to around $54 a barrel. This equates to around $1.36 a gallon - a 24 cent increase. Brent crude was around the same price but has went up to over $60 a barrel - about a 36 cent increase. The price of gas at the pump - nationally - has gone up 35 cents over the last few weeks. The increase can be attributed mostly to the increased crude price, with some more in some places due to supply problems due to winter storms.

People always suspect oil company gouging when the price goes up. If this is true this would mean the oil companies just decided to cut the price of gas in half for the hell of it and lose tons of money. It doesn't work that way.

Windermere FL
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TOPIC: How Much Did You Pay For Gas Today