[Alvin]

Filled up today and local station was @ $3.42 per gallon for Regular Unleaded.

IIRC, last week same station, same blend was around $3.29...

[tekheavy]

Paid $3.79 for regular yesterday. Gotta love NY.

[GTOMazz]

$3.65 here, when will it end?

[hurryinhoosier62]

Went from $3.65 yesterday to $3.79 today. I filled up at BJs where it was ONLY $3.62.

[Gordon Church]

You think that's expensive try a 1.46 a litre for regular unleaded that's $6.62 an imperial gallon or 5.30 a us gallon..... Montreal QC

[CDN2PLS2]

At Least you're STILL in Canada!!

[Matt Meaney]

the refineries are in the process of switching over from the winter blend gas, to the summer blend. this results in a temporary lower volume of refined gas available and increases the cost. once the change over is complete, the prices will regulate down again. same thing happens in the fall. (only the other way)

yeah, right. I'm calling bull sh!t on this. just want to increase the profit margin more. it will go up $0.15- $0.25 or more and maybe drop $0.03- $0.05.

[The Champ]

Our local gas prices dropped $.06 per gallon today.

[Gordon Church]

Originally Posted by CDN2PLS2

At Least you're STILL in Canada!!

Mark: I think Pauline "the pepper" Marois has gas.....

[MikeNoun]

$3.89 to $3.99 for regular, and $4.29 for Premium.

Some great excuses for when gas prices soar:

1) Summer blends, or winter blends, or not enough blends, or too much supply, or not enough supply.

2) Something happened to an oil refinery somewhere on the planet.

3) There's unrest in the Middle East.

4) There's unrest in Asia.

If you stick to these 4 excuses, they can justify price hikes whenever they want, and the sheeple continue to buy the stuff.

I miss the days of 2008, when gas was $1.80 a gallon, under a leader that didn't want us all driving electric cars.

[Dennis H.]

Gas prices are all BS. The oil companies can raise or lower prices based upon what criteria that they set up. Media always reports refineries doing maintenance, world crisis in middle east and so on. There is no basis on the price per gallon, I have seen outrageous prices when oil was $85.00 a barrel and prices drop when oil was $110.00 per barrel. It makes no sense and never will. It is their ball, and they will continue to do whatever works for their agenda. Shortages are manufactured and gives them basis to raise or lower prices based upon how they want to conduct business. It is the same for the stock market. We will never be a winner in todays world!!!

[John V.]

You guys must be getting hosed!

I only have to pay the retailers here about $2.96/gal for regular.

Of course, that doesn't include about $0.53/gal that I have to fork over to the federal gov't and state gov't for the privilege of doing business with the local retailer. My retailer's a nice guy, he figures the tax for me and sets the pump price accordingly, saves me the inconvenience of figuring out the tax and paying it separately.

I'm sure his wholesale cost includes a pile of buried taxes too. But I'm sure if he could buy it tax free, he would just pocket the extra profit since he isn't that nice a guy to share the savings with me.

He complains to me that he has to pay rent, maintain his equipment, purchase liability insurance, deal with drive-offs, but I've seen his 4 yr. old Kia, newer than what I drive. He can't convince me that he isn't charging a little more than he needs to.

[importsmasher]

Saw it this morning for $3.19 per gallon. It has dropped a few pennies in the last couple of weeks.

Importsmasher

[GTOMazz]

Fuel is ruining this country!!! Oil bills are thru the roof too.

[hurryinhoosier62]

Originally Posted by MikeNoun

$3.89 to $3.99 for regular, and $4.29 for Premium.

Some great excuses for when gas prices soar:

1) Summer blends, or winter blends, or not enough blends, or too much supply, or not enough supply.

2) Something happened to an oil refinery somewhere on the planet.

3) There's unrest in the Middle East.

4) There's unrest in Asia.

If you stick to these 4 excuses, they can justify price hikes whenever they want, and the sheeple continue to buy the stuff.

I miss the days of 2008, when gas was $1.80 a gallon, under a leader that didn't want us all driving electric cars.

Dittos, Mike!

[4dblnkldude]

3.58 here.The suburbs of filthydelphia.

[GRX]

Gas prices are not that bad when you consider inflation. Willing to bet all of us make a lot more money then we did in 1983.

[SRR]

Just went to 3.94 today.

[GTOMazz]

This decal I made for a friends van sums it up.

[John V.]

GRX, somewhat valid point but one big flaw in your thinking. In 1983, I was 6 yrs out of college.

In order to compare apples to apples, you would need to argue that a guy 6 yrs out of college TODAY with similar value to an employer now as I offered in 1983 is making a lot more money than I was then. Then compare that increase with the rise in gasoline price.

Yes, I make a lot more money, but I'm a LOT more valuable to my employer today. The increase in my income was only partly fueled by inflation.

Comparing more rationally, gasoline prices take a bigger bite out of household expenses today vs. 1983 than a comparison of an indidual's income rise over 30 years would suggest.

However, on the whole I agree. Gasoline is a pretty good value for me.

To those that complain about the high price and tend to demonize oil companies, I'd ask this. If the price fell to $1.80/gal, do you think consumption would rise?

The answer is obvious. Supply and demand is at the root of the price of gasoline.

If gasoline was such a lucrative commodity, we should expect refineries to pop up like weeds. It isn't happening in the US. There are multiple reasons why not. But if one is willing to think beyond one's own preconceived opinion, you'll see that producers and refiners are subject to market forces. Blaming them is just as irrational as blaming consumers for the high price.

Consumers keep buying the stuff because they, knowingly or not, consider it "worth it". You might consider that US consumers HAVE adjusted to higher prices by decreasing their total miles and buying more fuel efficient vehicles. But reduction in US consumption is being offset by global increases.

You might wonder why the US is among the largest exporters of gasoline. Could it be that domestic regulation and policy has sometimes made it more profitable to sell gasoline overseas than to sell it domestically? Maybe refiners should be less profit motivated and more "patriotic". Or maybe they should be legally compelled to do the "right thing" just so the rest of us can more cheaply enjoy the fruits of their labor.

I'd suggest you be careful about what you wish for.