Gas Prices

biggest shock on moving from texas to nevada.. we paid 1.78 a gallon in Texas when we left... and along the way to nevada we paid from 1.90 to 2.00... but here in nevada.. the norm is 2.23 a gallon... we have found a couple of discount gas stores.. for about 2.09 to 2.13..

shudder
Lynn in Reno

 

Here in southeastern Washington regular unleaded is $2.09, unfortunately I have a diesel pickup and it is $2.80. My wife touch the pickup to MT and in Butte the price for diesel was $2.20. The news this morning said to expect a $.25 per gallon increase shortly.

BobG

 

$2.09 here in Three Lakes, Wisconsin.

With georgie the oilman in the white house.....how high is up?

 

In north GA it was $1.73 for regular unleaded when I was last in town (day before yesterday).

 

Paid $1.89/g-regular last night in Central Maine, but noticed that just up the road it was $1.96/g. Guess it pays to shop around.

 

Paid $1.87 in central Fla this week.

 

$1.99 for regular in Buena Vista, CO, yesterday.

 

The long term picture is pretty bleak. Much discussion about we are at or very near Hubbert's Peak, meaning oil production can only decline. Plus yesterday crude oil touched $55 a barrel before falling back to close above $53. The future price could easily hit $80 at which time the price of gas or diesel will be above $3.00/gal, perhaps well above.

You all must remember that Sir Allan Greespan has created more paper FRN's (read dollars) resulting in massive inflation. The all time high in constant dollars was many years ago when oil hit $92/bbl measured in today's dollars. So it will get uglier soon.

Also keep in mind that China's demand for oil is rising astronomically and they are direct competition to us for oil. Additional reasons for an unpretty future regarding oil.

So here we are in a big picture of decreasing supply, increasing demand, very few new discoveries and no new big discoveries. The only conclusion I can find is higher prices and then still higher until the economy breaks and then demand will fall here as more and more people go unemployed.

If you have spare cash, better invest in energy, we all know where it is going near term!

bearkiller

 

Diesel jumped about 15 cents a gallon.

About $2.08/gallon here in SC

 

On Monday in N. Minnesota it was $1.94 for regular, so my guess it's over $2/gal. now.

In N. Western Ontario, the same Canadian gas that is sold in Minnesota costs over 90 cents a Liter.

 

Oz,
Your getting a deal!!! went to fill my bug (VW) its DIEsel (LOL) and in town it was $2.75!!!
Went over the river to Oregon to a truck stop and paid $2.53.....I think I am going to break out my lil Honda 250 and start riding it around town and my mountain bike. :haha:

 

Gas was $1.74 diesel $1.90 something.
I don't think it will matter what the price goes to. We'll still buy plenty and not stop driving, when I say we I mean the country as a whole. I notice there isn't much of a push for small cars, motorcycles, or mopeds. Also the price hasn't dropped on trucks and SUV's.

 

I'm in Los Angeles and the news on the radio on the way to work this morning said it was going up another .25 next week.

 

I said over $3. because we are historically higher priced than most of the nation. Our cheap stuff was $2.15, this a.m., but no telling what it will be this afternoon.

 

I've spoken with friends who are among the nation's top economists/energy specialists about this. They don't see the following article as too off-base. So, food for thought:

http://www.lifeaftertheoilcrash.net

Both of these folks have hedged their own future plans by buying homestead property, and suggest investing in companies that are developing photovoltaics, wind and water turbines, etcetera. And they suggest investing in some of these products.

 

I was reading a magazine essay in Backhome Magazine, not Backwoods Home Magazine nor Backwoodsman Magazine, but Backhome Magazine from a knowledgable person about the petroleum industry. In it, it boiled down to us coming to our peak production this year or next, with each year after that gradually less and less.

The forecast results in the essay were that our suburban-urban centers would be the last to go as we would fight tooth and nail to maintain them despite the cost in fuel. Long distance product transport would disappear, especially international shipping as there would be less and less fuel to move transoceanic freighters and having California and Florida produce in the Midwest would be a thing of the past as regional (pick a town and say a town or two in each direction) area food production would become necessary.

Our modern petrochemical-expensive machinery based agriculture system will be replaced by more manual, natural means out of necessity.

We may just extend our war on terrorism to a war for oil all over the globe in a few short years.

As it stands for me personally, if gas continues to climb, I will have to explain to my newspaper editor that I am going to have to have reimbursement for the gas I use working part-time for a local newspaper as a reporter. I can't afford to go from paying 20 dollars for less than 10 gallons of fuel to paying 25-30 for the same for what little I earn per week.

Right now I use my mid-size car to pick up feed for the homestead as it is more fuel efficient than the full size van and I can get about 10 sacks of feed (50 pounds per sack) in the car. I might be able to get more in if I were to remove the tools out of the trunk.

 

We paid $1.89 for regular in Dallas today.
Talked to the propane man last night, & he said it is $1.95 & will be going up when they get a new shipment.

 

Driving thru town this morning at 3 a.m., the station on the corner was $2.15 and the one right around the corner was $1.98 ... was wishing they were open so I could fill up!

The choice, as they say, was clear ...

 

2.55for 91 octane

BooBoo