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Now tracking the new emerging South Africa Omicron Variant

What’s the price of gas where you are? - Event Date: May 07 2007

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Poll Question: How much are you paying?
Vote Poll Choice Votes Poll Statistics
0 [0.00%]
3 [2.68%]
8 [7.14%]
22 [19.64%]
20 [17.86%]
16 [14.29%]
18 [16.07%]
19 [16.96%]
6 [5.36%]
0 [0.00%]

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diego View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote diego Quote  Post ReplyReply Direct Link To This Post Posted: May 23 2007 at 1:33pm
reg. $3.59 today
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DANNYKELLEY View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DANNYKELLEY Quote  Post ReplyReply Direct Link To This Post Posted: May 23 2007 at 2:10pm
reg $3.59 in indiana
WHAT TO DO????
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Evergreen View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Evergreen Quote  Post ReplyReply Direct Link To This Post Posted: May 25 2007 at 8:11am
Seattle, WA and south is $3.39 - $3.69.
Our transit sys is not widespread enough to be a viable alternative, so we're stuck. Of course, one could move into the city to take advantage of better transit and pay triple rent/mortgage pmts. Talk about a catch-22. D
235365 - Energy follows thought.   As you think, so you are.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Rockhound Quote  Post ReplyReply Direct Link To This Post Posted: May 25 2007 at 9:53am
In Arvada Colorado this morning
3.29
3.43
3.59

OOOOUUUCH
Will you let everbody in your house?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: May 25 2007 at 5:29pm
Originally posted by Evergreen Evergreen wrote:

Our transit sys is not widespread enough to be a viable alternative, so we're stuck. Of course, one could move into the city to take advantage of better transit and pay triple rent/mortgage pmts. Talk about a catch-22. D


Here in Minneapolis/St. Paul we've got a really good public transportation system. (Light rail/buses) But like yours in Seattle, it's not really helping anyone outside the first tier suburbs. Also it's crime ridden so nobody with half a brain will ride. There's been a major upsurge in robberies on the lightrail lately. I guess because there's more victims than ever riding now.

If you move in the city you forgot to add higher property taxes, higher crime, higher population density, etc. I live in the city and the insanities are greater than anyone might believe. Truthfully you'd probably save far more living in the suburbs or small towns than if you live in the metropolitan area.

I love how some people use the argument that people can just move into the city and suffer the crime ridden public transportation system, rather than live in their current safe communities. Particularly when regardless of whether people live in the city or not the problem of gas prices going through the roof affects us all on a systemic level. Gas goes up, the price of everything goes up.
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diego View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote diego Quote  Post ReplyReply Direct Link To This Post Posted: May 25 2007 at 8:10pm
reg.at $3.65 still rising. has already killed off the tourist business for this season. not many crossing the bridge to the u.p. only a few at the campgrounds. even the Indian casino's in trouble, now that's bad.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MelodyAtHome Quote  Post ReplyReply Direct Link To This Post Posted: May 25 2007 at 8:17pm
I can't believe it. It jumped .20 since yesterday!! This is getting nuts!   
Melody
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wunjo Wagon Quote  Post ReplyReply Direct Link To This Post Posted: May 26 2007 at 6:59pm
We went from 2.98 to 3.04 since yesterday here in the central highlands of Arizona.  I read somewhere that there is just a 1% deficit in gasoline supplies since last year but that 1% has caused gas prices here to rise by 35%...!!!  Our outdated refineries are running at full capacity, but since the American people fail to conserve just a few percent overall, we will have to suffer higher prices. And of course don't forget the record profits of the oil companies as well.  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: May 27 2007 at 9:16pm
LOL, my neighbors and closet friends left town for two months and asked if I would mow and water their lawn while they are out of town. He insisted on paying me $50.00 a month, I pay for gas.

Well, yesterday I mowed their lawn (over an acre) and it took $22.00 for one mow. Hmmmm, I'm thinking in this warm sultry weather every four-six days will require mowing. I think I'll be going in the hole on this gasoline deal. LOL
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MelodyAtHome View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MelodyAtHome Quote  Post ReplyReply Direct Link To This Post Posted: May 27 2007 at 9:33pm
Annnie, you may not want to cut his lawn as often...lol Just wait a couple extra days in between cuts or you'll go broke:O)   
Melody
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: May 27 2007 at 9:48pm
Originally posted by MelodyAtHome MelodyAtHome wrote:

Annnie, you may not want to cut his lawn as often...lol Just wait a couple extra days in between cuts or you'll go broke:O)   
LOL, obviously I'm not too good on the business deals.
     
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dlugose Quote  Post ReplyReply Direct Link To This Post Posted: May 29 2007 at 10:06am
Not so fast on gas price record, agency says
By ALLAN DRURY
THE JOURNAL NEWS

The federal agency that tracks gasoline prices took issue yesterday with a private survey that concluded Americans are paying more per gallon than at any time in history when inflation is factored in.

The U.S. Energy Information Administration said the average price of a gallon of unleaded regular stands at $3.22. The agency pegs the inflation-adjusted record high at $3.29, set in March 1981. The Iranian Revolution and the Iran-Iraq War had pushed the average price to $1.42 in real dollars during those early days of Ronald Reagan's presidency.

The EIA's conclusion differed from that of a widely followed private survey released earlier this week.

The Lundberg Survey, which is conducted every two weeks, said the inflation-adjusted price of a gallon of regular unleaded was $3.18. According to Lundberg, that price beats the 1981 record of $1.35 - or $3.15 in today's dollars.

The EIA also said there are other factors to consider when trying to put gasoline prices in historical context. Thanks to increased fuel efficiency in vehicles drivers spend less on gasoline on average for each mile they drive, the EIA said.

The agency also noted that the amount of money Americans spend on gasoline represents less than 3 percent of the overall economy, compared to 4.6 percent in 1980 when Jimmy Carter huddled in the White House in sweaters in order to impress on the nation the importance of turning the thermostat down and conserving energy.

None of that is likely to be any comfort for drivers trying to figure out why prices have practically doubled in three years as they head out for Memorial Day weekend trips.

"Whether retail prices are at an all-time inflation-adjusted high or not is less important than the notion that prices are very high for the United States," the EIA said in its weekly report. "Whether they are at a record level, or just shy of one, doesn't change the price of a gallon of gasoline by even 1 cent."

The price the average Joe or Jane pays at the pump is affected by a diverse and incredibly complex set of dynamics. Geopolitics, the condition of rigs and refineries, the state of the overall economy and the whims of Big Oil and Congress are among the dynamics that affect gas prices.

Experts point to outages at refineries, those unsightly, sp*****ing complexes that turn crude oil into product, as a main reason for the recent price spike. Refineries have cut back on production due to maintenance and unexpected interruptions.

With those cutbacks, even the 1 percent increase in demand for gasoline compared to last year has an effect, said Shawkat Hammoudeh, professor of economics at Drexel University in Philadelphia. That is equivalent to 100,000 barrels of gasoline a day, he said.

"There is no slack in the system," he said. "Any force has a disproportionate impact on prices," he said.

But outages are not the only cause of the high prices. The growing world economy, the war in Iraq and Americans' refusal to cut back on their usage have also pushed gas prices well past the $3 a gallon mark.

Consumers and Congress have also contributed to the high prices, said Sterling Burnett, a senior fellow at the National Center for Policy Analysis in Dallas.

Consumers shy away from buying cars that get good gas mileage and Congress, in the name of environmentalism, requires 19 different blends of gasoline, many of them mandated in select geographic areas and by the season of the year, he said. Until 2005, the government mandated 50 blends, he said.

Having to turn out so many different blends puts a strain on the refinery system, he said.

There hasn't been a refinery built in the United States in more than 20 years, Burnett said. A number of refineries because they did not produce fat profit margins and layers of environmental regulations made them less profitable, he said.

Congress has also restricted drilling in new offshore areas, he said.

"We're demanding more gas at a time when we don't have more gas being produced," he said. "That's the economics 101 explanation for it."

By Burnett's count, more than 60 vehicles on the market get more than 30 miles a gallon and 40 that get more than 40 miles a gallon. "And none of them are top sellers," he said. "How is that the car makers' fault?"

Some analysts have predicted the average price could reach $4. But Mehdi Noorbaksh, associate professor of international affairs at Harrisburg University of Science and Technology in Harrisburg, Pa., said he does not expect that to happen.

The Organization of Petroleum Exporting Countries would not allow prices to climb that high because it would further encourage the development of alternative sources of energy, he said.

Dlugose RN AAS BA BS Cert. Biotechnology. Respiratory nurse
June 2013: public health nurse volunteer, Asia
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Juan View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Juan Quote  Post ReplyReply Direct Link To This Post Posted: May 29 2007 at 2:18pm
    Gas $10.00/gallon in a few years. Few=4-5years
Do you owe us money?
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Penham View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: May 29 2007 at 2:25pm
Ours actually went down .04 a gallon over the past  few days, I am not sure exactly which day it went down because I hadn't  driven anywhere since Thursday until today. So it is 3.25 a gallon here in OK for the cheap gas.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: May 30 2007 at 11:03pm

Gas went down another .06 a gallon again today, it is now $3.19 a gallon.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: May 31 2007 at 1:03pm
Not bad Penham. Same here, $3.19

It's still too damn much, but the more I think about it, the more I just take it as a sign of the times.
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