OT: Katrina a Pain in the Gas

Aug 29, 2005 20 Replies

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HachiRoku 21 years ago

Getting my evening cup of coffee (see another thread) the girl at the counter at the convenience store said; "people must have heard about the price of gas, cause the pumps have been running non-stop for hours." Of course, I said, "What about the price" and the manager said she had gotten a call after noon that she would be raising the price ten cents by 11 PM, and to expect another increase of ten cents by Wed AM, preferrably Tues before Midnight!

So, according to her, gas here will be $2.85 for reg. unld. Wed AM!!!

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TeGGeRÃÂÃÂ® 21 years ago

HachiRoku wrote in news:3UMQe.2371$LK.1248@trndny09:

Yep. I've been reading today that about 11% of US production disappeared overnight with the evacuation and shuttering of the gulf refineries.

That's 11% we can't lose without a serious price impact. The spot market is taking a beating right now; everybody's in panic mode.

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Bassplayer12 21 years ago

snip

Do you think the value of big used SUV's will go down?

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ron 21 years ago

I was watching Fox News and saw the gas station marquee that show 2.45 for both unleaded and diesel. Here in No. California yesterday it was

2.80 at 76 for regular and 3.15 for diesel.

I am sure its higher today.

Ron

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WickeddollÃÂÃÂ® 21 years ago

Welcome to Europe's hell

Natalie

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SupraGenius 21 years ago

Well, it could be worse. Japan is the equivalent of $5.00 a gallon. Or 553 Yen per gallon.

Corolla Boy, morphing yet again...

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Gord Beaman 21 years ago

SupraGenius wrote: snip

Well, that's likely an Imperial gallon I suppose (thank God for (very) small mercies) :)

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WickeddollÃÂÃÂ® 21 years ago

Wile E. Coyote... *supra* genius?

Nah

There are programs that can help you with that

Natalie

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Greg 21 years ago

Paying NZ$1.42 per litre (US$3.70 per US gallon) here in NZ, for 91 (low octane). The highest it's ever been. Greg.

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SupraGenius 21 years ago

Nat, of all people, should know...

I'm beyond help...

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SupraGenius 21 years ago

$1.42NZD is worth $3.70USD? Is it still based on the Pound? (Or tied to the Pound?)

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Gord Beaman 21 years ago

SupraGenius wrote: snip

I don't think he said that...

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XYZ ABC 21 years ago

Why would a government working for oil industry do something like that?

Besides, as I understand it, gas can not be stored for long time.

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B a r r y 21 years ago

At least in Europe, a large part of the retail cost of gas is taxes, which many countries use to support mass transit.

The rail system over there is great, partially supported by gas taxes.

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WickeddollÃÂÃÂ® 21 years ago

Good point

Natalie

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WickeddollÃÂÃÂ® 21 years ago

Yeah - here it's just 'soak the customer for all we can squeeze out of them, and run' - let's hear it for rampant capitalism!

:-)

Natalie

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Greg 21 years ago

No, NZ$1.42 = approx. US$0.98. Not at all tied to the Pound. We measure in litres (3.79 litres per US Gallon) Greg.

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SupraGenius 21 years ago

Either someone I listen to is reading this NG, or great minds think alike, because someone on WHYN in SPFLD, MA said the very same thing (about the "refined products reserve", that is.) Wasn't there another poster here from SPFLD, MA?

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