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Has anyone noticed the Price of Gas has going up!!!
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Good morning all.
Has anyone noticed the price of gas has gone up almost $.20 cents a gallon in the last couple day?
Cal SST 1177
Just a 1st rd Duck looking for a win!!!
 
Posts: 46 | Location: Southern MD | Registered: November 21, 2009Reply With QuoteReport This Post
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I've noticed that gas prices are where they were 20 years ago. It's a good thing prices are going up. I swore I'd never complain about gas as long as it was under $3/gal. High fuel prices crushed our economy, but low oil prices could be catastrophic in the long term. Besides the threat of China trying to buy up our industries, the artificial government-created demand destruction caused an oversupply to the point where we couldn't even store all of the oil. It costs millions of dollars just to start a well, and if you cut it off, you can't just restart it.

Should U.S. Shale Be Worried About A Chinese Takeover?


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Michael Beard - staginglight@gmail.com
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Posts: 5727 | Location: Columbus, OH | Registered: December 15, 1999Reply With QuoteReport This Post
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Blue Man
 
Posts: 13522 | Location: NJ | Registered: August 20, 2000Reply With QuoteReport This Post
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Double edged sword for me. I don't like increasing fuel prices but since I own some oil & gas wells I don't like the low prices at the well. I just had 2 new wells come in in the past month so that gas & oil is going some where and that industry in WV is going wide open.
 
Posts: 6198 | Location: everywhere | Registered: March 15, 2007Reply With QuoteReport This Post
DRR Sportsman
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It always goes up for the "Summer blend".

Plus, if the US dollar weakens,that will cause the price to keep rising.
 
Posts: 1169 | Location: Elgin,IL | Registered: February 08, 2010Reply With QuoteReport This Post
DRR Sportsman
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Bend, Oregon today $2.09. So. Cal $2.59


When everything is coming your way, your probably in the wrong lane.
 
Posts: 1004 | Location: Between a Rock and a Hard Spot, USA | Registered: December 06, 2001Reply With QuoteReport This Post
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Kilgore, Texas 1.49 gallon for regular unleaded
 
Posts: 230 | Location: Kilgore Texas | Registered: July 15, 2019Reply With QuoteReport This Post



DRR Sportsman
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quote:
Originally posted by 442OLDS:
It always goes up for the "Summer blend".

Plus, if the US dollar weakens,that will cause the price to keep rising.


Thought it went up for the "Winter Blend"
Good thing they give us a break for the Spring and Fall blends Big Grin


Burt

I'm So Proud To Be An American And Not A Democrat...

 
Posts: 1217 | Location: Clinton Township, MI | Registered: September 16, 2002Reply With QuoteReport This Post
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Picture of CURTIS REED
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quote:
Originally posted by Michael Beard:
and if you cut it off, you can't just restart it.



What makes you say that?



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Posts: 2916 | Location: KIEFER, OK. | Registered: August 17, 2007Reply With QuoteReport This Post
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Posts: 33 | Location: next door to you | Registered: February 12, 2011Reply With QuoteReport This Post
DRR Sportsman
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1.89 here in Indy up 40- 50 cents in about 2 weeks.
 
Posts: 329 | Location: observing the mayhem | Registered: December 22, 2014Reply With QuoteReport This Post
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Diesel has gone up .25 a gal in the last 10 days here in So Cal.
 
Posts: 4815 | Location: Cucamonga, Ca | Registered: May 28, 2006Reply With QuoteReport This Post
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I`ve noticed in the Denver, Colorado area, some stations have gone up 30 cents or so in the past week or two. Still way lower than usual!


lane weber

perfecting a better mousetrap
 
Posts: 157 | Location: Littleton, Colorado | Registered: November 01, 2009Reply With QuoteReport This Post
DRR S/Pro
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Always goes up for the holiday but has been creeping up here.
D was 2.95.- 2.99-3.05 now.
Wife runs E85 @ 2.55...


Raceless in California!
 
Posts: 4470 | Location: Vacaville  | Registered: January 07, 2004Reply With QuoteReport This Post



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Barry,

I guess I better not complain. Diesel went from 2.65 to 2.89.
 
Posts: 4815 | Location: Cucamonga, Ca | Registered: May 28, 2006Reply With QuoteReport This Post
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quote:
Originally posted by CURTIS REED:
quote:
Originally posted by Michael Beard:
and if you cut it off, you can't just restart it.



What makes you say that?



Information provided on a radio program with a someone in the industry. Was probably a statement directed toward a particular type of well. Fracking? It was awhile ago, couldn't remember that detail.


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Michael Beard - staginglight@gmail.com
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Posts: 5727 | Location: Columbus, OH | Registered: December 15, 1999Reply With QuoteReport This Post
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gas and diesel prices have been and continue to go down in NJ.
 
Posts: 13522 | Location: NJ | Registered: August 20, 2000Reply With QuoteReport This Post
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Here in Florida too. Not a lot, but starting to move up again.


Mark Goulette
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Posts: 1465 | Location: Back home in Alaska! | Registered: February 13, 2011Reply With QuoteReport This Post
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Oil will rise to somewhere above $40 a barrel but only after the last wildcatter or desperate despot pumps its last barrel of unprofitable oil for cash flow now! The chinese in an effort to put pressure on the petro dollar system has turned to Russia for oil, no surprise there both work to undermine the current petro dollar system. The saudi's need $80 a barrel to meet debt obligations. Better to know the devil you've known since 1945, than the devil you don't. The shale industry is done. The last thing the US needs is to lose the Saudi's to china and russian interests. Don't think it couldn't happen.

Paying a little extra at the pump is a way better / safer place to be for the US, playing long.
 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
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"The shale industry is done"? I just got papers to sign for another well--thats 3 in the last month. You visit South West PA, Ohio, and Western WV and you will see production is wide open. I don't know or care what they do with it but if it "done" why are they still drilling wells?
 
Posts: 6198 | Location: everywhere | Registered: March 15, 2007Reply With QuoteReport This Post
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