This is kind of off topic and late but for those who are on E on their gas should fill up today.

I dont know how much of you watch the news but today at the open market, the price per barrel of oil was at $112. Then at 1 pm it rose to $130 and the market doesnt close utnil 4 p.m. It is estimated that New York will have its biggest one day jump in gasoline per gallon....$1.

Just FYI. Anyone know anything different please add or if any of my info is incorrect.

Thanks. Just thought we should know.

 

Ya this just happened in Tennessee but it was kind of a fluke.
They said it would jump much more than it actually did

 

I heard the same and I just filled up, just in case.

 

screw gas, i converted to battery power!

 

oh no quick everybody rush to the pumps and cause panic and mass price gouging and lines hurry quick!!!!!!

 

Barrel prices were down to $93 recently, and I didn't see a change in the price at the pumps.

 

that was just for contracts that expired today and is typical. November crude was selling for much lower.

 

i did. the price last week here dropped from 3.5X to now at 3.19 but im expected that to go up now

 

Our area ran completely out of gas weekend before last. I saw local prices as high as $4.89 per gallon for regular, that is until they ran out. We were out for only a few days. I had filled all of my cars so I didn't run in to a problem. Also, diesel was not touched by that mess

 

We have no gas in Nashville.
Today some stations got some in but thats the first time in like a week.

 

FCK gas

 

I saw gas going for $3.39 today. Gas is really cheap here... Sorry to the rest of you.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by DejaVu88 &raquo;</TD></TR><TR><TD CLASS="quote">I saw gas going for $3.39 today. Gas is really cheap here... Sorry to the rest of you.</TD></TR></TABLE>



I'm paying $4.5x for a gallon of 93.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by mstewar &raquo;</TD></TR><TR><TD CLASS="quote">that was just for contracts that expired today and is typical. November crude was selling for much lower.</TD></TR></TABLE>


yeah i herd this guy at the post office talking about the price per oil. he said that everyone is trying to get rid of oil or something because the 30th is when companies will want to restock so they are gonna raise the oil price so they make money while companies are in demand and restocking..? i wasnt really listening because i try not to be such a eeeeeeeeesedropper :]

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by HondaKyle &raquo;</TD></TR><TR><TD CLASS="quote"> FCK gas</TD></TR></TABLE>

Mark is helping me with this retrofit.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by DejaVu88 &raquo;</TD></TR><TR><TD CLASS="quote">I saw gas going for $3.39 today. Gas is really cheap here... Sorry to the rest of you.</TD></TR></TABLE>


Don't you love how the man got you??? You just paid twice what you did 5 years ago and are glad about it.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by BlueIntegraBoy &raquo;</TD></TR><TR><TD CLASS="quote">



I'm paying $4.5x for a gallon of 93.</TD></TR></TABLE>

6.3882 GBP

=

11.8350 USD

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by tartje &raquo;</TD></TR><TR><TD CLASS="quote">

6.3882 GBP

=

11.8350 USD</TD></TR></TABLE>

Thats awesome!

I'm sure germany is the same and I bet there are still hundreds of Germans out in there audi wagons, porsches, mercedes, and bmw's doing 250k's on the autobahn! I miss the driving in Europe!

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by tartje &raquo;</TD></TR><TR><TD CLASS="quote">

6.3882 GBP

=

11.8350 USD</TD></TR></TABLE>
No wonder why you are so bitter.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by JDM_CRX_PLEASE &raquo;</TD></TR><TR><TD CLASS="quote">


yeah i herd this guy at the post office talking about the price per oil. he said that everyone is trying to get rid of oil or something because the 30th is when companies will want to restock so they are gonna raise the oil price so they make money while companies are in demand and restocking..? i wasnt really listening because i try not to be such a eeeeeeeeesedropper :]</TD></TR></TABLE>

everyone who had been shorting the price finally had to unload their positions (thus having to buy shares) which in turn drove the price up.


<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by coolhandluke &raquo;</TD></TR><TR><TD CLASS="quote">
Mark is helping me with this retrofit. </TD></TR></TABLE>

yep! lol.. might be a bit harder to do by yourself though.. haha..

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by gosu08 &raquo;</TD></TR><TR><TD CLASS="quote">This is kind of off topic and late but for those who are on E on their gas should fill up today.

I dont know how much of you watch the news but today at the open market, the price per barrel of oil was at $112. Then at 1 pm it rose to $130 and the market doesnt close utnil 4 p.m. It is estimated that New York will have its biggest one day jump in gasoline per gallon....$1.

Just FYI. Anyone know anything different please add or if any of my info is incorrect.

Thanks. Just thought we should know.</TD></TR></TABLE>


Please don't post information you don't understand.

Oil jumped for a few reasons

1) Last day to lock in October deliveries
2) Managers trying to hedge out their shorts by buying long (ties into point #1, and the biggest factor in the pop)
3) Flight to quality/commodities from 700B federal bailout plans
4) Still disrupted refinery output from hurricane Ike (that's why mid-west is seeing high gas prices)
5) and a bunch of other economic conditions


At 1PM it was at 130 and by market close it was 116. As of about 2PM EST today it is at 104.50.

Seriously, you only make volatility worse by posting crap like this. In the mid-west as soon as people heard there was a gas shortage, people all started rushing to the pumps. In some places, there were gas lines as long as 2 miles.

 

and, for the record, gas here went down last night..

 

Locally, we're still almost completely out of gasoline. Every station that gets a tanker load gets swarmed with people about 5 minutes after it shows up. What's idiotic is that it seems like well over half the people waiting in line for gas are just topping off. These are people with 1/2 to 3/4 of a tank who are filling up "just in case". What they fail to realize is that they're extrapolating the problem by inflating the demand for a commodity they don't necessarily "need" right then.

There are locals who have admitted to topping off as often as every 50 miles, and who are now sitting in three hour long lines to get gas they don't need. A girl who lives in the apartment building next to mine, who is almost wholly dependent upon her bicycle and only uses her car once or twice a month to go shopping in neighboring cities, took her car out for the first time in three weeks JUST TO GET GAS the other day.

As a result, major thoroughfares in town are experiencing serious traffic problems due to the volume of cars sitting in the road and waiting to get into a gas station. I'm convinced if not for these people acting like they have to keep their tank all the way full, there would be WAY less of a problem.

I'm tempted to use this situation as the finest example of "mass media driven stupidity" that I've ever seen (with the possible exception of boy bands).

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by mstewar &raquo;</TD></TR><TR><TD CLASS="quote">and, for the record, gas here went down last night.. </TD></TR></TABLE>

Same here.

People are retarded..... Granted I live in an area that will NEVER run out of gas, but ****, whats the worse that can happen? You run out of gas? Thats what you have sick leave for!

 

i have never heard of a gas station running out of gas. well here or anywhere ive been anyways