gas

[jason]

friday gas at the local pump was $1.59 in the morning by 7pm it went up $1.79. when i got out of work this morning $1.81. when i went to work tonight $1.98. wow what a jump in 3 days. anyone noticed a big jump at there pumps.

[Erbyjoe]

That's there new thing now. The price at the pump will follow the stock market oil price it's there way of screwing us for more $$ when they probably have oil they paid only 35$ a barrel in holding tanks and making profits on it . It's funny the the gas company still made mega $$ last Quarter when everyone else lost there A** I think the gas will be right back up to $4.00 a gal. by spring any thing for a buck now days. Plus I think they see a hurricane somewhere in africa that might impact the east coast in 2 years so there worried about there refineries

[Legacy]

i believe oil prices fell to a low of about $35/ barrel. when that happened OPEC cut production by about 2 million barrels a day (to "level" out pricing). now the price per barrel is holding right around $50. http://www.oil-price.net/

[raider44]

I just saw last night on the evening news that gas prices were expected to hit in the upper 3 dollar region this summer. Last summer I filled up one time at $4.39! BOGUS.... just like the buckeyes losing to texas!!!

[FISHINMAN]

I thought this was a post about Ray K

[muskybob]

I just saw last night on the evening news that gas prices were expected to hit in the upper 3 dollar region this summer. Last summer I filled up one time at $4.39! BOGUS.... just like the buckeyes losing to texas!!!

It was on the news tonight they cut 3 million barrels a day to level the price @ $50 a barrel for now. It was going too low for them.

[A-TOM-MIK]

1.65 at Highway Oil in Oswego a day or 2 ago, now 1.89

[L&M]

Um. Not good. But we all knew it was going to happen.

[salmonbound1]

the opening pr barrel for oil today started at $48.58 and going up what the .... this sucks what happen to it going to 20.00 and 30.00 per barrel there they go lieing to us on the new year were in trouble already

[Billy V]

http://finance.yahoo.com/family-home/ar ... See-$2-Gas

Hang on, it's gonna go back up almost as quickly as it came down.

[rail bird]

I don't expect we will see $4 a gallon again this year unless there is a major supply disruption. The auction price of whole sale gas fell from $1.19 to $1.11 today. The mark up is normally less than a dollar above that depending on where you live. Right now there is a lot of oil and gas in storage and unless demand picks up in a hurry they have to move it by cutting prices.

[salmonbound1]

closing bell today 42.38 it will take weeks for it to drop at the pumps went up .20 cents in one day

[Billy V]

Funny how it takes weeks to react to a drop in price but it'll jump up quick as all get out when there's even a hint that oil will sell higher!

[Erbyjoe]

I heard Exxon's CEO needs a root canal gas is going up $.15 a gal