CLASS RACER FORUM

CLASS RACER FORUM (https://classracer.com/classforum/index.php)
-   Stock and Super Stock (https://classracer.com/classforum/forumdisplay.php?f=3)
-   -   question about your local gas prices (https://classracer.com/classforum/showthread.php?t=51370)

Jack McCarthy 01-15-2014 04:42 PM

question about your local gas prices
 
here in louisville area we are monopolized by marathon they sell ALL the wholesale gas. when your fuel prices go up how much do they raise ???

here we see .40 -.50 cent swings overnite for NO APPARENT reason, usually followed by a week - 10 days of .02 - .03 cent decreases until ... shazamm up .050 again overnite

just curious if you guys get screwed the same, more or less....

captain jack

im about ready to ride my scooter to work !!

Jeff Teuton 01-15-2014 04:58 PM

Re: question about your local gas prices
 
Private label, a couple still right under 3 bucks or just over, major brands 3.10 - 3 18 or so. I don't remember any big swings, but it varies by station owner.

Michael Beard 01-15-2014 05:17 PM

Re: question about your local gas prices
 
www.gasbuddy.com Check out the price "heat map", find history data, etc.

joespanova 01-15-2014 05:41 PM

Re: question about your local gas prices
 
Dont get me started..that whole G-damn industry is as corrupt as the year is long.
Gas should be $2.00 gal. or less and they'd STILL make a killing.

FINESPLINE 01-15-2014 05:54 PM

Re: question about your local gas prices
 
Just gassed up about an hour ago out here on Long Island. Paid $3.54.9 a gallon of regular at Sunoco which has the cheapest prices. From what I have read and heard second hand is that Sunoco does not purchase overseas crude which allows them to be a few cents cheaper. Otherwise regular gas varies about 5 to 7 cents a gallon upwards depending on brand and location. DIESEL AS OF TODAY $ 4.059 A GALLON. And everything can change in another 8 hours.

Superfan1 01-15-2014 06:14 PM

Re: question about your local gas prices
 
Here in Bridgeport, CT; private label is $3.59 - $3.65, and name brands are $3.67 - $3.80. Prices have remained steady for the last couple of weeks after decreasing about 10 cents a gallon after Christmas.

FED 387 01-15-2014 06:44 PM

Re: question about your local gas prices
 
In my work area NE Illinois suburbs the Indians/Pakistani's run most of the stations and they are all 24 hour mini marts either Circle K or Bucky's / Mobil or Shell --- BP or Citgo are all run by a different group those tend to be on average about at least 5-7 cents a gallon cheaper on regular and diesel is from 25-35 cents per gallon cheaper ---just filled up on diesel 15 min ago paid $3.649 drove past 2 Speedways(Marathon) at $3.999---while pumping looked at the regular it was $3.399---At my home in Sheboygan, WI reg is $3.199--- every day on the Chicago news there is always some local/world problem just an excuse to raise the prices dramatically--usually at least UP 25-30 cents weather ,refinery problems( an ongoing situation) Dbama farted, Prince Charles had a cold every excuse you cold imagine u name it--- Course in Illnois it's all about taxes lotsa taxes and taxes on top of the taxes!!!!!! Glad I moved out still working part time there but EFF em I'm done----FED 387

John Musial 01-15-2014 09:08 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by FINESPLINE (Post 416589)
Just gassed up about an hour ago out here on Long Island. Paid $3.54.9 a gallon of regular at Sunoco which has the cheapest prices. From what I have read and heard second hand is that Sunoco does not purchase overseas crude which allows them to be a few cents cheaper. Otherwise regular gas varies about 5 to 7 cents a gallon upwards depending on brand and location. DIESEL AS OF TODAY $ 4.059 A GALLON. And everything can change in another 8 hours.

Sunoco DOES NOT refine a drop of there own gas. They do not own a refinery. They sold all there refinery's a couple of years ago. Actually the company Sunoco does not exist anymore ....it is just a label. Sunoco Logistics (pipeline& terminals) owns the Marcus Hook refinery that is now just storage for butane and other LPG's.

John Musial 01-15-2014 09:11 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by joespanova (Post 416588)
Dont get me started..that whole G-damn industry is as corrupt as the year is long.
Gas should be $2.00 gal. or less and they'd STILL make a killing.

And you probably think a F-150 should still be $5000 too????

joespanova 01-15-2014 09:22 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by John Musial (Post 416614)
And you probably think a F-150 should still be $5000 too????

Why the hell do you give a s**t? Whats your return thru oil anyway?
Another vested big oil sympathizer.

Doug McCue 01-15-2014 09:34 PM

Re: question about your local gas prices
 
It is often forgotten the amount of taxes on a gallon of gas.

DrJRacing 01-15-2014 11:11 PM

Re: question about your local gas prices
 
Taxes, geographic location,governmental regulations give New Zealanders gas @$ 2.15 Kiwi dollars per LITER= approx $ 6.40 American dollars per gallon. No wonder they all drive on the wrong side of the road! I recently tried to show em the correct way. They didn't figure it out.
Doug Jonak:)

John Musial 01-16-2014 05:42 AM

Re: question about your local gas prices
 
Quote:

Originally Posted by joespanova (Post 416616)
Why the hell do you give a s**t? Whats your return thru oil anyway?
Another vested big oil sympathizer.

Not a sympathizer at all...............they have just been nice enough to give me a paycheck every 2 weeks for the last 25 years. Also own a couple shares of the stock too!!! SXL if your interested. One of the best MLP's to own.

joespanova 01-16-2014 07:21 AM

Re: question about your local gas prices
 
Quote:

Originally Posted by John Musial (Post 416648)
Not a sympathizer at all...............they have just been nice enough to give me a paycheck every 2 weeks for the last 25 years. Also own a couple shares of the stock too!!! SXL if your interested. One of the best MLP's to own.

Most do not enjoy this luxury....for a variety of personal financial reasons , are not in a position to either. Don't "trumpet" the generousity of the oil companies , because the GREED you enjoy comes at the expense of many others.Remember that..........oh , I know , its always about people like you who live in a world with a hedonistic mentality.

John Scott 01-16-2014 08:22 AM

Re: question about your local gas prices
 
Where I live, gas prices are regulated and can only be raised a maximun amount per week, once a week (Wednesday at midnight, I think it is).

It's not an apples to apples comarison but I did the conversion and the last time I bought gas it was probably somewhere around 5.00/US gallon

Bruce Schoenbaechler 01-16-2014 08:43 AM

Re: question about your local gas prices
 
here in South Carolina we have some of the cheapest gas prices around, due to a low state tax(only 16 cents) a gallon. Gas right now is $3.09....last week $2.98. But the state politicians are looking into raising the tax....by calling it a "fee". They want to allocate all the increase to road repair, saying that the increase is not a tax because it is earmarked for one specific reason. Blah, blah, blah....

michel426 01-16-2014 09:15 AM

Re: question about your local gas prices
 
Hi guys!.Here in Granby,QC,Canada (near Montreal) reg is 1.37 a liter ,so about $5.19us a gal.:mad:

71lemans 01-16-2014 09:46 AM

Re: question about your local gas prices
 
Remember the "Drill baby Drill" people a few years ago. They were saying if domestic production was increased how the gas prices would go down.

Well I am still waiting.

Michael Beard 01-16-2014 10:17 AM

Re: question about your local gas prices
 
Question the premise. Look beyond gas.

While increased supply and lower prices would be great for everyone, the idea that gas can magically be $2/gal again is a dream. The profit margin on gasoline is about 8 cents per gallon. They could lower prices $.08/gal, basically giving their product away, and any market fluctuation would make them go from making billions to losing billions in a heartbeat. When you're selling billions of units of any product, you're *going* to make a lot of money.

The real culprit of high prices: The Federal Reserve. It stuns me how many people don't know that the Fed is NOT a government-run agency. The Fed has been pumping a STAGGERING amount of unbacked currency into the system starting out with $3 Trillion in "stimulus" and then hiding an additional $1 Trillion per year right out in the open under the name "Quantitative Easing". Maybe the public would pay more attention if they called it counterfeiting. We are essentially buying our own debt. The devaluation of our currency through the massive increase in the money supply causes prices to rise. It's called inflation. Anyone that actually shops knows that the CPI measurement of inflation is as bogus as what they call "unemployment".

The only reason we haven't gone completely over the cliff is that the funny money on the books has been bottlenecked in the banks. Banks get money from the Fed at near-zero interest, and sit on it for a 3% return. They have no incentive to lend. If the Federal Reserve turns off the spigot, the markets will crash. If banks let the money supply spike out into the public, hyperinflation destroys the economy. If the Fed doesn't stop manipulating our currency, other countries may stop lending to us, credit rating gets downgraded further, interest rates rise, and destroys the economy. Probably the only thing keeping everything going right now is that other countries are doing it too.

Quite frankly, I don't see a way out. The math doesn't work, and no one's really interested in actually fixing the problem. It needed to be set on the path to be fixed a dozen years ago.

supergas4 01-16-2014 10:43 AM

Re: question about your local gas prices
 
$2.89 for regular.$3.59 for diesel in Waco,Texas

Dave Ribeiro 01-16-2014 11:08 AM

Re: question about your local gas prices
 
Michael,

One of the Best explanation's of what's happening in America today !!!!

* Why don't we listen to the people, all the Polls say we are headed in the WRONG direction & have been for the last 6 years !!!

art leong 01-16-2014 12:07 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by Michael Beard (Post 416669)
Question the premise. Look beyond gas.

While increased supply and lower prices would be great for everyone, the idea that gas can magically be $2/gal again is a dream. The profit margin on gasoline is about 8 cents per gallon. They could lower prices $.08/gal, basically giving their product away, and any market fluctuation would make them go from making billions to losing billions in a heartbeat. When you're selling billions of units of any product, you're *going* to make a lot of money.

The real culprit of high prices: The Federal Reserve. It stuns me how many people don't know that the Fed is NOT a government-run agency. The Fed has been pumping a STAGGERING amount of unbacked currency into the system starting out with $3 Trillion in "stimulus" and then hiding an additional $1 Trillion per year right out in the open under the name "Quantitative Easing". Maybe the public would pay more attention if they called it counterfeiting. We are essentially buying our own debt. The devaluation of our currency through the massive increase in the money supply causes prices to rise. It's called inflation. Anyone that actually shops knows that the CPI measurement of inflation is as bogus as what they call "unemployment".

The only reason we haven't gone completely over the cliff is that the funny money on the books has been bottlenecked in the banks. Banks get money from the Fed at near-zero interest, and sit on it for a 3% return. They have no incentive to lend. If the Federal Reserve turns off the spigot, the markets will crash. If banks let the money supply spike out into the public, hyperinflation destroys the economy. If the Fed doesn't stop manipulating our currency, other countries may stop lending to us, credit rating gets downgraded further, interest rates rise, and destroys the economy. Probably the only thing keeping everything going right now is that other countries are doing it too.

Quite frankly, I don't see a way out. The math doesn't work, and no one's really interested in actually fixing the problem. It needed to be set on the path to be fixed a dozen years ago.

Mike this is one I fully agree with you on. But I haven't heard or been able to figure out how to fix it without cratering the economy.
We literally have a "tiger" by the tail.

CycloneFE 01-16-2014 01:11 PM

Re: question about your local gas prices
 
My family still has about 5 wells pumping on our property and we receive a very small percentage for the oil. I was informed that for the whole month of October last year the wells were shut off, when asked for an explanation, none has been given to date.

Jack, back to your original post, the swings here in central IL seem to be about .30 but it has hit .50 once in a while.

John Kissel 01-16-2014 01:26 PM

Re: question about your local gas prices
 
As far as crude being marketed as a commodity, I have never understood, and my heating oil dealer told me a few years ago, their org. was trying to get it so that only those in the oil business could buy and sell crude. Home heating was $3.41 last week, Shell 93 was $3.75, and Hess 93 was $3.57 this week. Then add in Lucas fuel treatment so we don't have problems.The other stuff won't start a brush fire so I don't mess with it. Care to guess why my days of riding up and down the highway to race are over??? John Kissel

dartman 01-16-2014 01:58 PM

Re: question about your local gas prices
 
5.17 for a gallon of gas here.

Ed Wright 01-16-2014 02:29 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by John Kissel (Post 416699)
As far as crude being marketed as a commodity, I have never understood, and my heating oil dealer told me a few years ago, their org. was trying to get it so that only those in the oil business could buy and sell crude. Home heating was $3.41 last week, Shell 93 was $3.75, and Hess 93 was $3.57 this week. Then add in Lucas fuel treatment so we don't have problems.The other stuff won't start a brush fire so I don't mess with it. Care to guess why my days of riding up and down the highway to race are over??? John Kissel

That is most of it right there. Traders.

Jim Wahl 01-16-2014 08:20 PM

Re: question about your local gas prices
 
Today here in Central Florida regular is $3.37. Diesel has stayed at $3.89 to $3.99 for the last several months. On the major highways it's sometimes $.10 or more a gallon than in town. Gasoline does seem to go up by $.05 - $.10 overnight often. No more $.01 - $.02 anymore. Up then down, up then down. No reason to be seen.

Remember when the difference between the three octane grades of gas was $.10? Now it's $.20 or more between grades. Jim

.

Ed Wright 01-16-2014 08:26 PM

Re: question about your local gas prices
 
Regular has been $2.86 to $2.99 for some time. Diesel varies from $3.55 to $3.75. Always goes up a dime overnight, back down a penny or two at a time. Never comes down nearly as fast as it goes up.

FINESPLINE 01-16-2014 09:09 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by Ed Wright (Post 416715)
That is most of it right there. Traders.


That is the problem. Oil as a commodity being traded by people on paper. There should be a law that for you to trade oil you would have to be able to delivery of the product.

Ed Wright 01-16-2014 09:38 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by FINESPLINE (Post 416776)
That is the problem. Oil as a commodity being traded by people on paper. There should be a law that for you to trade oil you would have to be able to delivery of the product.

I absolutely agree. They do not provide a needed service. I did have have a clown try to convince me they did. Nothing he said held water. Should be illegal.

joespanova 01-16-2014 09:45 PM

Re: question about your local gas prices
 
Quote:

Originally Posted by FINESPLINE (Post 416776)
That is the problem. Oil as a commodity being traded by people on paper. There should be a law that for you to trade oil you would have to be able to delivery of the product.

As long as there are those that benefit at many levels , most of which "most of us" can only speculate , the concept above , will apparently continue to elude.
There are far too many greedy hands whom have come to realize "big oil " for the cash cow its always been. Way too many greedy hands in a barrel of crude.
I hate every one of those SOB's


All times are GMT -4. The time now is 07:18 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Copyright Class Racer.com. All Rights Reserved. Designated trademarks and brands are the property of their respective owners.