Author Topic: Gas Prices Heading Up Again  (Read 1066 times)

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Offline Cincinnatus

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Gas Prices Heading Up Again
« on: February 01, 2013, 09:57:03 AM »
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Offline SouthTexas

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Re: Gas Prices Heading Up Again
« Reply #1 on: February 03, 2013, 10:19:47 AM »
Thought for a minute it was natural gas prices which need to go up.  With all the drilling in the Eagle Ford, they are starting to flare gas again. Haven't seen that since the 60s.

Offline mountaineer

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Re: Gas Prices Heading Up Again
« Reply #2 on: February 04, 2013, 02:13:03 PM »
Gasoline has gone up about 20 cents per gallon in the last couple of weeks. Back to Obamanormal.
A day without sunshine is like, you know, night.

Offline Relic

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Re: Gas Prices Heading Up Again
« Reply #3 on: February 04, 2013, 02:21:14 PM »
Gasoline has gone up about 20 cents per gallon in the last couple of weeks. Back to Obamanormal.

Liberal ideologues cheer this. Liberal foot soldiers, not so much.

Obama and Steven Chu told anyone who was listening where they want gasoline prices to be. The media didn't tell the stupid American public, so the public will be surprised.

No matter, without the media stories of families crushed by gas prices, farmers who can't grow food, and people who can't get to work, the American public is far too stupid to believe there is a problem.

Offline Cincinnatus

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Re: Gas Prices Heading Up Again
« Reply #4 on: February 05, 2013, 05:34:15 PM »
Consumers Taking Financial Hit From Rising Fuel Prices

Consumers have been spending more on gasoline than they have in nearly three decades.

With pump prices at their highest level on record for this time of year, the stage is set for an even greater climb in gasoline prices and expenditures than in 2012. Retail gasoline prices have surged 17 cents in a week to top $3.50 a gallon on average, posting the highest prices on record for the beginning of February.

According to AAA, the national average price of regular gasoline is $3.52 a gallon, 4 cents higher than the average price a year ago. The average price was $3.35 a gallon a week ago and $3.30 a gallon a month ago.

http://www.cnbc.com/id/100431822
We shall never be abandoned by Heaven while we act worthy of its aid ~~ Samuel Adams

Offline Atomic Cow

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Re: Gas Prices Heading Up Again
« Reply #5 on: February 05, 2013, 06:23:34 PM »
22 cents where I am since last week.

It went up 12 cents in one day; 5 cents in the morning and another 7 in the afternoon.
"...And these atomic bombs which science burst upon the world that night were strange, even to the men who used them."  H. G. Wells, The World Set Free, 1914

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Offline Rapunzel

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Re: Gas Prices Heading Up Again
« Reply #6 on: February 05, 2013, 06:26:41 PM »
http://www.hlntv.com/article/2013/02/05/gas-prices-taking-bigger-bite


Fill 'er up, and up: Gas prices skyrocketing
By Dave Siff
updated 10:53 AM EST, Tue February 05, 2013
NEED TO KNOW

    Average price per gallon up 23 cents in a month
    Gas ate up 4% of household income last year

Fill 'er up, and up: Gas prices skyrocketing

If it feels like Groundhog Day when you go to fill up your car lately, you're not imagining things. Prices at the pump are rising, and it looks like we could be in for a repeat of last spring's run-up to near $4 a gallon. (And the groundhog says spring is coming early.)

According to AAA, the average price for a gallon of regular unleaded is $3.53. That's up 17 cents in just a week (the biggest seven-day spike in nearly two years) and 23 cents higher than a month ago. Why the increase? Crude oil prices are up, and refineries are preparing to go offline for maintenance and to begin making the transition to summer-blend gasoline, which will drive prices even higher.

It's easy to overlook the short-term effects of higher gas prices on your wallet. Say your car has a 13-gallon tank, and you're suddenly paying 17 cents more a gallon. That's still only $2.21 extra per fill-up -- nothing to sneeze at if you're watching every penny, but for a lot of people, it simply means skipping one trip to the coffee shop. Analysts say we've become used to gas prices going up and down, and that's why smaller, more fuel-efficient cars don't necessarily sell more when gas prices rise.

If a couple of bucks a week doesn't phase you, a bigger-picture look might do the trick.

The Energy Department says the average U.S. household spent $2,912 on gas last year, or 4% of overall income. That's the highest level since 2008, when gas prices reached an all-time record amid global economic chaos. Before that, the percentage hadn't been that high in three decades.

And here's the rub -- you're spending more, but getting less. Even as the piece of the household pie devoted to gas has grown, the Energy Department says we're actually buying less gasoline than in past years, because cars are more fuel-efficient overall and we're driving less.

Offline Rapunzel

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Re: Gas Prices Heading Up Again
« Reply #7 on: February 05, 2013, 06:29:52 PM »

Offline Rapunzel

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Re: Gas Prices Heading Up Again
« Reply #8 on: February 05, 2013, 06:32:26 PM »

Offline mountaineer

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Re: Gas Prices Heading Up Again
« Reply #9 on: February 05, 2013, 06:39:47 PM »
Quote
That refinery, which provides 70,000 barrels of gasoline daily, will close at the end of February because it cannot comply with new environmental standards dictated by the federal government.
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