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Nzoner's Game Room>Gasoline over $4 coming to a pump near you because this thread is ass
Donger 08:40 AM 04-23-2007
http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!

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Bob Dole 05:49 AM 07-31-2015
2.25 Tuesday, 2.39 Wednesday, 2.22 Thursday. Nope...nothing strange going on here.
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Donger 05:57 AM 07-31-2015
Originally Posted by DaneMcCloud:
Then I guess it's your job, on behalf of Big Oil and Big Energy, to convince Congress to create more refineries.



If I do, would you agree to ask him to increase his range? He's got about as much as a Daisy air rifle.
[Reply]
Donger 06:00 AM 07-31-2015
Originally Posted by kstater:
Donger, if we export, doesn't that lower supply and raise prices?
I wouldn't think so. The supply wouldn't go up or down. It is what it is. This would just allow for our increased crude supply to actually enter the global market.
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Donger 07:29 AM 08-03-2015
Crude having a good fall today so far. Down 2.08% to $46.14
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notorious 08:07 AM 08-03-2015
Adjusted for inflation, a gallon of gas today is cheaper then in 1985. :-)
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Donger 11:03 AM 08-03-2015
Wow. Now down 3.29% at $45.57
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DaneMcCloud 11:05 AM 08-03-2015
Originally Posted by Donger:
Wow. Now down 3.29% at $45.57
It dropped to $3.59 this weekend at the Burbank Costco.

I didn't bother filling up because I assume, maybe incorrectly, that it'll continue to drop this week.
[Reply]
Donger 11:06 AM 08-03-2015
Originally Posted by DaneMcCloud:
It dropped to $3.59 this weekend at the Burbank Costco.

I didn't bother filling up because I assume, maybe incorrectly, that it'll continue to drop this week.
Keep in mind that it takes weeks for such a drop to hit the pumps.
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RaiderH8r 11:11 AM 08-03-2015
Originally Posted by Donger:
I wouldn't think so. The supply wouldn't go up or down. It is what it is. This would just allow for our increased crude supply to actually enter the global market.
Gasoline is more closely tied to Brent than WTI simply because gasoline, and other petroleum products, can be exported and are therefor more closely tied to global supply/demand dynamics.
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Donger 11:14 AM 08-03-2015
Originally Posted by RaiderH8r:
Gasoline is more closely tied to Brent than WTI simply because gasoline, and other petroleum products, can be exported and are therefor more closely tied to global supply/demand dynamics.
Right, and with our WTI suddenly being capable of being exported, I don't see why gasoline prices would go up at all.
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Bowser 11:34 AM 08-03-2015
Originally Posted by Donger:
Keep in mind that it takes weeks for such a drop to hit the pumps.
And yet when the inverse occurs it takes but hours to apply....
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Donger 11:37 AM 08-03-2015
Originally Posted by Bowser:
And yet when the inverse occurs it takes but hours to apply....
Yes, for reasons I've explained many times.
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Valiant 11:42 AM 08-03-2015
Originally Posted by notorious:
Adjusted for inflation, a gallon of gas today is cheaper then in 1985. :-)
Really? What about in the late 90s when I was paying low to mid 90 cents.
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Bowser 11:42 AM 08-03-2015
Originally Posted by Donger:
Yes, for reasons I've explained many times.
....as you type it on your gold plated iPad from your yacht sailing between Aruba and the Caymans. THANKS FOR THE INSIGHT
[Reply]
Donger 11:45 AM 08-03-2015
Originally Posted by Bowser:
....as you type it on your gold plated iPad from your yacht sailing between Aruba and the Caymans. THANKS FOR THE INSIGHT

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