ChiefsPlanet - Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

Seems gas prices are affected by:
Taxes
Regulations - special fuel blends for different seasons
Price of oil
Distribution costs, lack of refining capacity, again regulations
Demand

None of these in any specific order. Would that about sum it up?

Gasoline prices are also effected by trading, which is the most volatile and the item which most effects prices.

Frazod

05-30-2012 02:59 PM

Quote:

Originally Posted by Hydrae (Post 8646906)

Gas went up overnight at a local station from $3.41 to $3.46. :shrug:

It's been fluctuating wildly up here. I've seen it drop a quarter a gallon and then go up 30 cents a gallon in between fill-ups. No dramatic spikes in the price, and I'm quite sure the Illinois legislature couldn't agree on the color of the ****ing sky in that short of a time period, so I don't think you can blame it on taxes.

Bugeater

05-30-2012 05:31 PM

Quote:

Originally Posted by InChiefsHell (Post 8646865)

You forgot greed.

InChiefsHeaven

05-30-2012 06:28 PM

Quote:

Originally Posted by Bugeater (Post 8648427)

You forgot greed.

I prefer the un-emotional approach. Just the facts ma'am.

whoman69

05-30-2012 06:33 PM

Quote:

Originally Posted by InChiefsHell (Post 8648516)

I prefer the un-emotional approach. Just the facts ma'am.

The fact is greed plays a major role in gas prices since oil is a traded commodity.

Donger

05-30-2012 06:53 PM

Quote:

Originally Posted by whoman69 (Post 8648109)

Gasoline prices are also effected by trading, which is the most volatile and the item which most effects prices.

True, but I view that as factored into crude pricing (and wholesale gasoline pricing).

Donger

05-30-2012 06:54 PM

Quote:

Originally Posted by whoman69 (Post 8648522)

The fact is greed plays a major role in gas prices since oil is a traded commodity.

I suppose that depends on how you define greed.

InChiefsHeaven

05-30-2012 06:57 PM

Quote:

Originally Posted by Donger (Post 8648554)

I suppose that depends on how you define greed.

Well, if you seek to make a profit, you must be greedy. I guess.

Bowser

05-30-2012 06:58 PM

Quote:

Originally Posted by Donger (Post 8648554)

I suppose that depends on how you define greed.

You'd make a fine attorney.

chasedude

05-31-2012 01:13 PM

Crude down 1.29 @ 86.53

Read an article predicting the drop to continue to 75 per barrel leveling off there.

I say keep dropping! :clap:

Frazod

05-31-2012 01:19 PM

Quote:

Originally Posted by chasedude (Post 8649970)

Crude down 1.29 @ 86.53

Read an article predicting the drop to continue to 75 per barrel leveling off there.

I say keep dropping! :clap:

Don't let Donger hear you say that.

http://roarvis.files.wordpress.com/2010/02/cody.jpg

Donger

05-31-2012 01:21 PM

Quote:

Originally Posted by Bowser (Post 8648567)

You'd make a fine attorney.

If I had a dollar for every time I've been told that...

Donger

05-31-2012 01:37 PM

Quote:

Originally Posted by chasedude (Post 8649970)

Read an article predicting the drop to continue to 75 per barrel leveling off there.

I would imagine that OPEC would reduce output right around that number. Perhaps before.

All times are GMT -6. The time now is 03:58 PM.

Page 235 of 336

235

Show 80 post(s) from this thread on one page