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Fuel Prices in your area?
I am curious as to what gasoline and diesel prices are around the country, and the world for that matter. Do you think lybia has that much influence with oil production as to affect a significant price increase? What is the cause of this increase, in your opnion?
Prices in my area jumped yesterday, from $2.97 to $3.10 for a gallon of regular unleaded gasoline, and diesel fuel was @ $3.50 per gallon this morning on my way to work. Any thoughts or comments?
Prices in my area jumped yesterday, from $2.97 to $3.10 for a gallon of regular unleaded gasoline, and diesel fuel was @ $3.50 per gallon this morning on my way to work. Any thoughts or comments?
Jen- Yup! He loved me when it seemed I was agreeing with all of his BS. Then KABOOM!!!
He peed IBK off but I thought it was funny! So typical and he can't see it. (thread re:
Quality vs Addiction)
Gas prices went waaay up over night: Hovering around $3.40/reg $4.00/diesel
Some people are getting richer and richer and I'd say it's the private corporations. Man!!!
I guess it's time to raise MY prices!!!
He peed IBK off but I thought it was funny! So typical and he can't see it. (thread re:
Quality vs Addiction)
Gas prices went waaay up over night: Hovering around $3.40/reg $4.00/diesel
Some people are getting richer and richer and I'd say it's the private corporations. Man!!!
I guess it's time to raise MY prices!!!
Vicki... because I was EXHAUSTED too... just by reading all of that! My fingers got tired at just THINKING about what I wanted to say! Besides, you were kicking *** all by yourself! But, yes... I should have jumped in! :) I didn't want any negative and angry and full of denial energy directed my way!!!! (Had enough of that with you know who!) You finally told him off.... in a very kind way! Much better than I could have done!
Yes... gas still is HIGH! XO
Jen
Yes... gas still is HIGH! XO
Jen
Addict.....are you saying the lot lizard can't work because of a . ?
He is quite the instigator!
He is quite the instigator!
LOL, ok, that was funny.
About the gas prices, where I am in AZ, it's at 3.34 for low grade or regular gas, but a few hours away in CA it is 6.24 per gallon, this place is known for ripping people in the middle of the desert off. It's either buy gas, or pay someone to bring you gas.............I hate that place, and if hate is to ugly of a word for you guys, then I really dislike that place.
About the gas prices, where I am in AZ, it's at 3.34 for low grade or regular gas, but a few hours away in CA it is 6.24 per gallon, this place is known for ripping people in the middle of the desert off. It's either buy gas, or pay someone to bring you gas.............I hate that place, and if hate is to ugly of a word for you guys, then I really dislike that place.
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The American share of the Libyan fossil fuel market( which only represents a small percentage of global oil production) is very small( less than 10%) and there are still many more reliable and secure supplies from other oil producing countries. How the crisis in Libya translates into disproportionate fuel price increases here in NZ, the US and the rest of the world is a mystery to me.
I only have a laymans understanding of global economics. At a guess i can see how the Libyan crisis can motivate speculative energy markets to stockpile the available oil from secure sources( North Sea, Gulf of Mexico, Middle East) in anticipation of a much larger energy crisis. The increased competition for the remaining, available supply drives up the barrel prices which are inevitably reflected at the local pumps.
Libya is the 9th largest producer of fossil fuels and the largest source of crude oil in the African continent. Any threat to this supply( however small and inconsequential on the global scale) is enough of a catalyst to drive up fuel prices everywhere. Europe(France 33%, UK 15%, Austria 10%,) is by far the largest consumer of Libyan oil and therefore more vulnerable to the impact of any threat to this source .
The cynic in me imagines fat energy moguls rubbing their hands in gleeful anticipation of increased revenues caused through the suffering of innocent people in oil producing nations. The current Libyan crisis is justification for Energy Giants to increase the price of their own stockpiles/reserves which they purchased at normal, pre crisis value for post crisis,inflated prices. The increase is never proportionate to the percieved risk or the true cost to them. I dont understand how a $3-$4 rise in the value of a barrel of crude translates into a 20-25 cent increase per litre at the pump.
So, i can see how the crisis in Libya can cause fuel prices to increase, i just believe the increases are extortionate and not an accurate reflection of the true cost to the mammoth energy giants. It is a boon for them, sponsored by the lowly consumer.