Gas $189.9

[Crash&Burn]

I Know it's not Diesel.....

I think what it is, it's election time...

 

[opjohnny]

What is the price of fuel near you? I saw 2. 36 @ 40 & noland rd.

 

[DHayden]

I think what it is, it's election time...

I know I'm un educated and all, but I thought gas was driven by world market, supply and demand, trader fear's on Wall Street and that sort of thing. I'm willing to take some education on how one man, say GWB could make all those oil companies roll back prices (seeing how he is so well liked) at his whim.

 

[Dieselnut59]

I know I'm un educated and all, but I thought gas was driven by world market, supply and demand, trader fear's on Wall Street and that sort of thing. I'm willing to take some education on how one man, say GWB could make all those oil companies roll back prices (seeing how he is so well liked) at his whim.

You are already more educated than the ones who say politicians manipulate the market to benifit elections. Oil is a worldwide commodity. The law of supply and demand controls how much we pay. That is also why diesel is more than gas now. The home heating oil season is coming, the busy holiday time is coming, where freight shipping is busiest. The demand for diesel is up, but the supply has increased, so prices have gone down, just not as fast as gasoline.

 

[jdooner]

Someone said the Arabs dropped their prices because they don't want democrats winning any elections. I think it was Bill Handel on KFI. Price here dropped under $3. 00 about a week ago, haven't checked lately. Of course this was the day after I filled up. .

 

[bmoeller]

You are already more educated than the ones who say politicians manipulate the market to benifit elections. Oil is a worldwide commodity. The law of supply and demand controls how much we pay.

Oil is traded on the open market. Crude price has come down over $10/barrel.



http://www.wtrg.com/daily/crudeoilprice.html



We haven't had a bunch of hurricanes to disrupt supply like before, and the pipeline is fixed up north. Maybe some over-speculation as well, by the traders.

 

[The patriot]

Regular gasoline is under 2. 00 in atlantic city.

I'm paying about . 25 more here.

Diesel is 2. 40+ :{

 

[RGardner]

That is the point, there never was a real reason for fuel prices to rise like they did. It was all just speculation! And the American public got screwed!

 

[Vaughn MacKenzie]

Regular gasoline is under 2. 00 in atlantic city.

I'm paying about . 25 more here.

Diesel is 2. 40+ :{

Diesel finally dropped to $2. 99 here

 

[KBennett]

Diesel and 85 octane gas were both $2. 59 a gallon on Saturday.

 

[The patriot]

Diesel finally dropped to $2. 99 here

Well... you can find it for 2. 40, but it's not easy. It's 2. 60-2. 80 all over the place.

2. 40 is where is should be being heating oil is under 2. 00.



You got to remember, I'm kind of surrounded by refineries. :{

 

[Crash&Burn]

Diesel in O. G. is $2. 29... ... ... ... The election comment??????? we'll see mid Nov... .

 

[klenger]

Politics, no

Over-speculation, yes.



I feel sorry for the poor suckers who thought that getting into the gasoline futures market would be a good way to get rich quick.