Gas prices way up at the pump the past week. Anyone else notice?

Might not last for long though. US light crude dropped $1.25/barrel today, crude inventories are up, and Saudi Arabia cut their export prices.

Hey Wig,

How about some chart analysis?

They've been stable up here. Of course, I haven't seen a gas station in a couple of days so maybe they've gone up but on Monday, $1.54 for regular here in the hills and over the weekend, $1.47 for regular in Marietta (suburb of Atlanta).

I got gas at Walmart on Sunday for $1.49 and its now at $1.69.
:blink:

2.39 for regular here today, its been climbing hugely lately, was less than two bucks two weeks ago...

I forgot to add that's not an increase from the $1.47 to $1.54 - that's the usual difference between the burbs and the hills. Sometimes it's been a 14 cent difference - I try to time my fill ups for the Atlanta burbs. :awinky:

Colin,

I do not follow unleaded gas futures and do just a little work on crude.

i really only keep an eye on crude because of the middle east cycles that we have been weaving in and out of since 1998. i do not trade crude.

As far as crude oil goes, i think we are in the midst of a bull market (since 1998) that has a target of at least 44.50/CL.

Short term, a weekly close above 36.10/CL will reinvigorate the uptrend and target 44.50/CL.

Conversely, a weekly close below 31.65/CL would signal a correction.

Either scenario should culminate during alignment of (major) cycles in Feb 2005.

IMHO of course. ;-)

with all said, the gas prices are still 1/2 what Europeans pay for gas....

Went to get gas last week and it was $1.39/gallon. (Where it's been for months.)
Went to get gas Monday and it was $1.55/gallon.

I actually let go of the pump handle and leaned around the van so I could see the sign to make sure the digits on the pump weren't messed up.

We haven't seen gas prices under a dollar here in at LEAST a year. Closest we've come is like $1.03

PS - this is at the least expensive place around to get gas. I'd say it's at least $1.69 at the "normal" priced places. I'll look and see when I take the boys out today.



Last edited by Carrie at Mar 4 2004, 09:05 AM

i hear ya... gas prices do not worry me, mostly because I do not have to drive much.

but, a fundamental case could be made for other repercussions of escalating crude prices.

i am just not interested in trying to figure that out. :P

last time i filled up, diesel was about $1.50

It's $1.58 a SprawlMart today - same as unleaded. :zoinks:

if not less... you don't see many V50, 60,000 gallon, drive over anything H2's over here.... no-one can afford to fuel them :(

if not less... you don't see many V50, 60,000 gallon, drive over anything H2's over here.... no-one can afford to fuel them :([/b][/quote]
Well, that's one way to keep everybody in a mini. :D

Well, that's one way to keep everybody in a mini. :D[/b][/quote]
Ahh the mini :okthumb:

Ahh the mini :okthumb:[/b][/quote]
There is someone here who has one, complete with the british flag.

Cool little vehicles. What gas mileage do the get?

I think it's the only Mini around these parts, lol!

28/37 for gas mileage

Just filled up 10 minutes ago and can not tell you what the price was - I know it was 38 dollars to fill up with super.

Of course with average annual driving of under 4,000 miles gas prices do not really effect me much.

I think it's the only Mini around these parts, lol!

28/37 for gas mileage[/b][/quote]
Wow. I thought it would have been better than that.

I miss the prices from 3 years ago where you could fill up for under $10..lol

Wow. I thought it would have been better than that.[/b][/quote]
It's because they've got a tidy little engine with a surprising amount of power... it's not the origional rally mini from the 60-70's but it's still a smart little car none the less :D

There's a lot of research on this and i've read some papers in the past. Rule of thumb I remember is that a $10 rise in crude oil will set the economy back about .5-1% but that after a few years that number evens back out.

You change cars? Gas hasn't increased by 3.8x in 3 years. That would have made supreme about .52/gallon here three years ago. Didn't happen ;-)

Damn..has it been longer?? lmao

I remember it seems...going to the pump when it was like .89 cents a gal.

Then again..I also remember about 5 years ago going to the gas station to buy a carton of Marlboro's for like $12.00 a carton. (Cheap here in Ky, no tax. Now days..just 5 years alter..its up to $20 a carton.
:blink:

went up 40 cents a gallon in los angeles, it's fucking bullshit

It's gone up every where except the SprawlMart - about $1.63 for reg. unleaded now (which is what I use). I'm headed to Marietta tomorrow so I'll see what it is there.

I heard on the news that there was a place in CA where premium was almost $3 a gallon! :zoinks: I will be VERY happy when the kid moves out and I can go back to driving 500-1000 miles a month. :okthumb:

Gas in Boca was $1.98 a gallon today. Up .20 from Broward county.

My thinking is who ever promises to lower gas prices wins the election.

That and brings back Howard!!

Under my skin is a bad day
Under my skin is a rattlesnake
Under my skin is a stickey mess
Under my skin is 1000 demons
Under my skin I'm always alone

Bob Schneider - got to love the man who has sex with Sandra Bullock!!!

Serge - I was prepared for the "I told you sooo's" Thanks :)

MMV



Last edited by Azure Sales at Mar 5 2004, 02:47 PM

naaahhhhhh....life is too short
;-))

I remember .85 regular. That was 1997 or 1998 I think.

I remember .85 regular. That was 1997 or 1998 I think.[/b][/quote]
I remember it around $.65 down where the kid was playing soccer about 5 years ago. We told everyone about it and there was the whole soccer team lined up to get gas. It was about $.85 elsewhere, IIRC.

We're still at $1.58 for regular at the SprawlMart - $1.55 if you buy a gas card :)