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Author Topic: The latest oil and gasoline trends and forecast Back to Topics
PD
Moderator
Message Posted: Oct 10, 2011 10:41:51 AM

As the saying goes if you're riding Cedar Point's Top Thrill Dragster, "Keep arms down, head back, and hold on!" Well, we're not on a roller coaster at Cedar Point's flagship Sandusky, Ohio amusement park, but we continue to feel dizzy and disoriented from all the changes at our local gasoline stations.

Gasoline prices shot up in areas last week, led by stations in Michigan, Indiana, Ohio, Kentucky, and Wisconsin. Average prices in the last week rose 6.1c/gal in OH, 5.7c/gal in IN, 4.8c/gal in KY, 3.6c/gal in AK, 2.5c/gal in MN, and 1.1c/gal in MI. Missouri prices rose 0.04c/gal, and every other state saw prices decline, led lower by North Dakota, where prices fell an average of 11.6c/gal, Nebraska fell 6.8c/gal, SD dropped 6.7c/gal...

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REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,017
Points:2,383,440
Joined:Nov 2008
Message Posted: Oct 13, 2011 6:50:21 PM

can we say "Cartell"?
Throroughbred
Champion Author Cleveland

Posts:1,040
Points:1,253,700
Joined:Jun 2007
Message Posted: Oct 12, 2011 11:56:02 PM

Shot again today here in N.E. Ohio many went from 3.29 to 3.49!!! Speedway, BP, Shell, Sunoco, Marathon, Get GO, Sheets, etc.
srchr
Champion Author San Jose

Posts:10,441
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Joined:Apr 2008
Message Posted: Oct 12, 2011 2:49:42 AM

Not enuf competition
dwbuddy
Champion Author Fort Worth

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Joined:Dec 2010
Message Posted: Oct 11, 2011 10:57:42 AM

nothing free about this "market price"
tomok
Champion Author Portland

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Points:3,119,085
Joined:Aug 2006
Message Posted: Oct 11, 2011 2:43:03 AM

Whatever gas prices do across the country or the northern hemisphere (up or down), then price of fuel at the pump is too HIGH!
RogerB
Champion Author Indianapolis

Posts:21,423
Points:3,378,935
Joined:Dec 2005
Message Posted: Oct 11, 2011 12:53:03 AM

OPEC will use any reason to increase gas. Drill in the USA and don't need to worry about it
dabbadu
Champion Author New York

Posts:1,056
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Joined:Feb 2011
Message Posted: Oct 10, 2011 11:58:24 PM

cystal ball gazing.
HiGramma
Champion Author Michigan

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Points:470,410
Joined:Oct 2008
Message Posted: Oct 10, 2011 11:55:27 PM

At a time when MI is relying heavily on a temp and contract worker economy we cannot afford skyrocketing prices, and the drops don't go far enough.
smoketown
Champion Author Cincinnati

Posts:9,237
Points:2,126,910
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Message Posted: Oct 10, 2011 11:54:59 PM

Okay more B.S. again...............
Rooster922
Champion Author Wilmington

Posts:4,237
Points:1,174,170
Joined:Jan 2009
Message Posted: Oct 10, 2011 11:54:49 PM

Ok, so what's the forecast . . . . I pump less than 10 gallons a week, at 10cent up or down will be a dollar. I can't even buy a gallon of milk for that money or a cold crazy name 1 litter Pure Water bottle. I'll just go to sleep, good nite folks.
CPGas1815
Champion Author Michigan

Posts:6,060
Points:1,110,190
Joined:Apr 2008
Message Posted: Oct 10, 2011 11:52:11 PM

It seems we fellow gasoline consumers just cannot get break. Sure we had prices decrease for a while but it now looks like trends have taken an expensive turn for the worse. THIS SUCKS!!!
blazerbob91
Champion Author Milwaukee

Posts:7,101
Points:2,601,060
Joined:Aug 2005
Message Posted: Oct 10, 2011 11:51:26 PM

Thank you speculators and the EPA.
gd83goldwinger
Champion Author South Bend

Posts:2,584
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Joined:May 2011
Message Posted: Oct 10, 2011 11:48:42 PM

All because of them you know what speculators!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
zaq001
Champion Author Atlanta

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Message Posted: Oct 10, 2011 11:48:08 PM

Now shoot downward!
Mariuxus
Champion Author Chicago

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Joined:May 2007
Message Posted: Oct 10, 2011 11:47:24 PM

speculators ...
mcmonsta
Champion Author Honolulu

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Joined:Sep 2009
Message Posted: Oct 10, 2011 11:47:01 PM

still paying it thru the you know where...but OPEC still rules
tippybuddy
Champion Author Ontario

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Message Posted: Oct 10, 2011 11:43:34 PM

even though it's not funny IT'S a JOKE
Uncaged
Champion Author Michigan

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Points:1,646,175
Joined:Apr 2008
Message Posted: Oct 10, 2011 11:42:08 PM

So it's almost Tuesday, I guess that means it's time for a price hike alert. It'll probably only be for us suckers in Michigan though.
mstearno
Champion Author Dayton

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Message Posted: Oct 10, 2011 11:31:20 PM

what a joke
WeasleyOC
Champion Author Orange County

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Joined:Jul 2008
Message Posted: Oct 10, 2011 11:28:30 PM

Here we go again. The roller coaster is going up, but I don't think we are going to have a big drop.
carman11
Champion Author North Carolina

Posts:6,684
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Joined:Jun 2011
Message Posted: Oct 10, 2011 11:28:08 PM

This is life as we know it today. Gas prices down today up tomorrow.
REKEY
Champion Author South Carolina

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Message Posted: Oct 10, 2011 11:26:20 PM

Everyone is on this ride!
oldosc8
Champion Author Baltimore

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Message Posted: Oct 10, 2011 11:23:05 PM

Not surprised. The price of gas going up again.
mifflintown80
Veteran Author Pennsylvania

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Joined:Apr 2011
Message Posted: Oct 10, 2011 11:22:42 PM

No end in sight
abcdMA
Champion Author Worcester

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Message Posted: Oct 10, 2011 11:21:41 PM

in other words, if you live in Michigan, go to North Dakota for your gas
Tiernan
Champion Author Chicago

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Points:1,589,985
Joined:Sep 2005
Message Posted: Oct 10, 2011 11:20:10 PM

Difficult to determine a trend either way.
Mowerman08
Champion Author Milwaukee

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Message Posted: Oct 10, 2011 11:17:49 PM

UP WE GO
jp8262
Veteran Author Fort Wayne

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Message Posted: Oct 10, 2011 11:06:34 PM

wow
davenles
Champion Author Texas

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Message Posted: Oct 10, 2011 11:03:08 PM

Not surprising
amearly
Champion Author Michigan

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Message Posted: Oct 10, 2011 11:02:23 PM

Somuch fr the DODD Frank bill dealing with these speculators.
milespergallon
Champion Author Illinois

Posts:12,835
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Joined:Feb 2007
Message Posted: Oct 10, 2011 11:02:03 PM

The real answer is mass production of a vehicle which uses NO oil of derivative! Then bo, sand-stompers and specu-traitors can do whatever they want
billy44bo
Champion Author Mobile

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Message Posted: Oct 10, 2011 11:01:50 PM

GREED and the war against the US will keep the prices up
cyclej
Champion Author Dallas

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Message Posted: Oct 10, 2011 10:59:42 PM

gas up
melvindale
Champion Author Michigan

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Message Posted: Oct 10, 2011 10:56:41 PM

prices drop one day and rise the next - it is crazy - Metro Detroit
ToolinIt
Champion Author Colorado

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Message Posted: Oct 10, 2011 10:53:44 PM

Thanks PD. Wow, crude prices skyrocketed today due to speculation. What happened with OPEC saying that speculators were driving the price and that $70/bbl was okay with them last Spring? Now Iran wants a minimum of $90/bbl and was ready to call an emergency OPEC meeting when the prices were dropping last week.

Back in the 70's and 80's the world economy was strong and the price of oil/gas was reasonable. Now the economy is shaky yet the speculators run amok and big oil refineries are raping us. It doesn't help that the US gov does things that devalue the USD. I've never been a supporter of gov regulations but they are needed for the oil industry and speculators now. The gov needs to trim regulations for other industries so that they can grow and hire more people.

[Edited by: ToolinIt at 10/10/2011 11:04:10 PM EST]
southrob
Champion Author Tucson

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Message Posted: Oct 10, 2011 10:52:37 PM

gas going up thats what the govt wants
02SilverStroke
Champion Author Dallas

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Joined:Aug 2005
Message Posted: Oct 10, 2011 10:49:01 PM

It's definitely a rollercoaster. Just when most of the prices in the Dallas area got below $3.00, they're right back above it by a few cents.
mfeldstein
Champion Author Ottawa

Posts:11,263
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Message Posted: Oct 10, 2011 10:45:40 PM

Gas was up last week in Ottawa.
Focus2
Champion Author Illinois

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Message Posted: Oct 10, 2011 10:45:03 PM

Sorry, I misread the article that says average prices and that can throw you.
Focus2
Champion Author Illinois

Posts:8,172
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Message Posted: Oct 10, 2011 10:42:48 PM

Where do you get this information? Last week I filled up in Missouri near the Illinois side for $2.99 a gallon. It had been down to $2.89. It went up to $3.19 this week when Illinois prices spiked to $3.39. It has come down now only 4 hours ago to $3.12 a gallon on the Missouri side. Where do you get .04 cents raise in prices?
skybiker
Champion Author South Carolina

Posts:9,528
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Message Posted: Oct 10, 2011 10:42:22 PM

Free Market My Butt!!!.....
Adman1989
All-Star Author Massachusetts

Posts:648
Points:223,240
Joined:Mar 2008
Message Posted: Oct 10, 2011 10:34:01 PM

ugh, gas needs to fall!
NorthglennBill
Champion Author Denver

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Message Posted: Oct 10, 2011 10:27:00 PM

MORE bad news. Enough already.
Nicoalbum
Champion Author Ottawa

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Message Posted: Oct 10, 2011 10:16:48 PM

Gas prices show an increasing trend in Montreal
gmcgas
Champion Author Atlanta

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Message Posted: Oct 10, 2011 10:13:58 PM

ain't my kind of thrill.
59glide
Champion Author New Haven

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Joined:Apr 2006
Message Posted: Oct 10, 2011 10:13:26 PM

I filled up on friday for $3.49 a gal. same station today $3.51
MRED3
Champion Author Jacksonville

Posts:5,316
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Joined:May 2009
Message Posted: Oct 10, 2011 10:13:22 PM

It`s been a roller coaster ride for 35+ years.
umitb
Champion Author Indianapolis

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Message Posted: Oct 10, 2011 10:11:09 PM

ok
AnObserver
Champion Author New Jersey

Posts:11,411
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Message Posted: Oct 10, 2011 10:06:32 PM

NJ has a slight downward trend ... not as much as the price of oil but welcome donetheless
altima2008
Champion Author Philadelphia

Posts:11,395
Points:2,510,455
Joined:Apr 2008
Message Posted: Oct 10, 2011 10:04:28 PM

Like the moron who is running this country, this article is a waste.
PaylessKY
Champion Author Kentucky

Posts:11,975
Points:2,353,295
Joined:Oct 2008
Message Posted: Oct 10, 2011 10:03:58 PM

Prices in my area have come down a few cents.

[Edited by: PaylessKY at 10/10/2011 10:04:47 PM EST]
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