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Remind me, why aren't gas prices lower?

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Remind me, why aren't gas prices lower?
I check the price per barrel of oil just about daily and in the last two weeks or so, it has gone from $105.00 a barrel to less than $91 a barrel today. The last time it was this cheap, gas was less than $3 a gallon but I go to my local gas station and the price isn't going down, it is going upMad. What the heck is going on?Unimpressed

Oil
90.610001
(I see it is going up again since I first made this post)
(This post was edited by wiperhunter2 on Jun 21, 2012, 7:29 AM)

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
Memorial Day weekend would be my guess, although I read an article on Sunday that said prices would be down for the holiday, which seemed backward to me.

Praise Gordon Hayward that I bought that ugly little Prius all those years ago... 250k miles and still getting 44mpg. I may be a fat guy in an ugly little car, but... I'm ok with that.
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"I also feel that guides are somewhat of a hoax as far as fishing goes." -- Fin_Addict, a.k.a. Mr. Utah

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
Its called "screw your buddy"/greed

GitR Dun!

Don,, the old IceSkrat.

Never assume a great day fishing is a great day catching...

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
I have nothing but experience to base this on and it is just my opinion....

Gas prices are driven by seasonal supply/demand rather than actual barrel cost.

The mighty "Green" and "Greed" rule!

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
Oil speculators. Refinery costs. Summer demand. Record profits for the oil companies.

Remember that hurricane a few years back named Katrina? She, along with a couple "lesser" hurricanes, was blamed for the astronomical gas price increases that year, and in the year following. The gas prices skyrocketed, and never went back down!

Now the bastards have us thinking something around $3.25/gal. would be "cheap!" It was around $2.00 in WY right before that stupid hurricane, and even less the winter before.

Profits soared, so why lower them back down? says Exxon et al.

And they know they have us by the balls. I'm driving all over Wyoming and Montana this summer, whether its $3.00 or $6.00, and they KNOW it!


Jim
http://www.fishflaminggorge.com
www.lakersaver.com


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Re: [Tarponjim] Remind me, why gas prices are going up? In reply to
True that! However, I spend large sums of money monthly at Smiths and today we filled up ($3.59 @ Smiths in Heber) and had 60 cents a gal discount. Filled the Truck and the two gas cans we had from our camp trip, plus both generators at $2.99 gal. Not cheap but cheaper than we are going to see here in happy valley.
I never thought I would see the day it cost almost $20 to fill a Harley...LOL





CHECK OUT MY BLOG http://utahflygoddess.blogspot.com/
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Re: [flygoddess] Remind me, why gas prices are going up? In reply to
We do the Smith's thing too. Filled up once a few weeks ago in WY for $2.39. But, we had to spend a grand at Smiths to get the $1.00 off and "save" $27 on a fill-up for the truck. We go there anyway, but it takes a few months to spend $1,000 for us. I also use a credit card that gives me a 3 percent discount on my gas purchases. Still, our gas budget is over the top. I'm still going though. Every trip, every time. I'll cut somewhere else to make ends meet.


Jim
http://www.fishflaminggorge.com
www.lakersaver.com


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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
Oil 87.480003 And the price per barrel drops even more. I see the pump price is starting to drop.

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
Takes weeks to translate to the pump. It is an election year,barring a natural disaster,I suspect prices will drop. I had heard there is legislation that will put a stop to the speculation that drives up prices,effective this fall.



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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
And oil continues to drop in price per barrel. Here is todays price: Oil 80.589996
(This post was edited by wiperhunter2 on Jun 21, 2012, 7:28 AM)

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
Truth is that we have the power to decide the price of gas. Remember a few years ago when gas skyrocketed and people stopped going on vacations and driving so much? The price went down. Gas is no different than any other product, if the demand goes down they'll be forced to drop the price. What gets me is that we sit on one of the most oil rich countries in the world and we BUY our oil.




If you sit and worry about what might happen, nothing ever will.

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Re: [catmaster23] Remind me, why aren't gas prices lower? In reply to
Agreed on all points.With the price per barrel dropping but the over all gas prices remaining high, any bets on the gas companies making record profits this yearWink, I guess that is a no brainer. I wonder how long it will take for our government to start asking them whyUnsure?

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
The government would rather worry about Roger Clemens using steroids than worry about the citizens financial situation. We spent 3 million dollars on that trial, who gives a rats @$$ if he or anyone else shoots up? Makes the games more interesting, I'd rather see shots over the fence all night than grounders any day. This countries priorities are seriously out of whack. Sorry, just venting, this stuff just drives me freaking crazy!




If you sit and worry about what might happen, nothing ever will.

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
I also heard a report saying that Utah is pushing the top ten for the highest gas prices in the nation. So other areas may be seeing the drop but it hasn't hit here yet if it ever does.
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Light travels faster than sound.

So some people seem really bright until you hear them talk.

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
I havent been watching the gas so much but diesel just hit 3.53 a gallon in farmington. Made me actually want to fill all the way up.

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
Oil 78.360001 price per barrel today.I did hear today that the average price per gallon, nation wide, has dropped to $3.40 a gallon, looks Utah is higher as usual.Unimpressed

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Re: [wiperhunter2] Remind me, why gas prices are going up? In reply to
I have always used premium. OUr price here in the Twin Falls area has only came down 6 cents. It is still 3.93 a gallon. We are getting hosed. Ron

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Remind me, why gas prices are going up? In reply to
I heard on Fox News the other morning that someplace in South Carolina was selling gas at $2.98. That's correct; $2.98 a gallon.

Smile
Bob Hicks, from Utah
I'm 72 years young and going as hard as I can for as long as I can.
“Free men don't ask permission to bear arms.” - Glen Aldrich
“Be who you are and say what you feel, because those who mind don't matter, and those who matter don’t mind.” - Dr. Seuss


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Re: [dubob] Remind me, why gas prices are going up? In reply to
I got back from South Carolina a week ago. Yes gas is pretty much under $3 except right along the interstate highway where it topped out at about $3.19.
I saw Utah was 9 th highest a week ago but you also got to remember they're comparing 85 octane here in Utah with 87 octane in all but about 5 other states. If you compare 87 to 87 then Utah was highest except Hawaii, Alaska, California and Colorado. So the comparisons don't really show how badly where taking it here.

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
    Thats why I run on natural gas, In 3 years it has only had 1 increase, from $1,25 TO $1,49 and it is consistantly the same price throughout the state. It's produced here, is 80% cleaner immisions. And the preformance is not much different. And if I buy the home pump ( hooks up to your home gas meter) I'll be paying more like 75 cents a gallon . I'm giving the later some serious consideration.

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Re: [Lonnie] Remind me, why aren't gas prices lower? In reply to
I've been looking into buying a used NGV for a few years now but I haven't been able to find one in a 4x4, factory made that is. What do you have?

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
I am in the same place as you. Got to be a 4x4. Natural doesn't have the horsepower of gas. Pulling a couple of trailers.
I know when my Suzuki dies, I will buy a Hybrid. Get 40 to 50 miles on one charge....I only work 12 miles away.





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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
You guys should look into CNG conversion kits. There are some outrageous price tags out there ($8-12K), but also relatively cheaper kits $2-3K.

"My moments of keenest satisfaction and most complete mental peace have been those when the grandeur of nature's artistry has cast its spell over me." - Clarence Mills



(This post was edited by line_dangler on Jul 2, 2012, 8:29 AM)

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
      You'll be happy to know ghevy and dodge are both coming out with bi fuel trucks this year, In 4x4 club cabs with full warranty. You can also look at cngutah.com and talk to derek . they specialize in the cng vehicles (thats all they sale) They do get full size 4x4's quite often. They buy them at autions all over the US. The 4x4's generally come from forest service and mountain comunity gov. vehicles. I have had good luck with them, And consider them honest and straight forward. You useually pay a little more for cng auto's , but you recover the price difference fast with fuel cost savings.

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Re: [wiperhunter2] Remind me, why aren't gas prices lower? In reply to
       I did a little more research and here's what I found. New cheve's (several models ) come in 4 and 2 wd reg, or clud cab, swb,or lwb. The 2012 cost about $11000 more for the option. That means based on gas @ 3.50 gal, cng @ $1.50 and drivig an average 20,000 per year it will take about 3 1/2 years to recover the $11000. (saves about 3200 per year @ 13 mpg) This can very based on the amount you drive, actual mpg, ( I based it on the 1 ton club cab 4x4 model) If payments are a concern , consider that based on the above you save arround 300 per month.
I drive a 1999 cheve c 2500 And for my tax reasons last year found I saved about 4500 dollars. I drive alot of miles however. 30,000 last year. And that does'nt count the tax exemption you get. $2500. They are also much cleaner and easier on the engine.
I'm not a salesman, But just offering some facts.
They also have diesel bifuels that can give you about 50 mph on deisel in a full size cummings dodge. I have actually sen several 18 wheelers with conversions. Hope this helps you
P.S. Use caution if you have a conversion done aftermarket, Some of the less expensive ones will throw a conversion on anything. However you need to make sure your vehicle has the hardened valves in it , or you can have issues. Some of the older vehicles don't have the hardened valves in them.

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