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global1

(26,507 posts)
Wed Feb 17, 2021, 01:49 AM Feb 2021

Gas Prices Going Up.....

The oil companies know that American's are getting Covid Stimulus money and they have their hands in our wallets and want to get their share of it.

12 replies = new reply since forum marked as read
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TheBlackAdder

(29,981 posts)
6. Oh, but they'll want their tax cuts, their incentives for exploration and other taxpayer funding.
Wed Feb 17, 2021, 03:00 AM
Feb 2021

.

Hell, they're already writing their disaster relief claims to the government and sizing what their tax write-offs will be.

.

lapfog_1

(31,904 posts)
2. try can try
Wed Feb 17, 2021, 01:53 AM
Feb 2021

but in this year of WFH... and little to no travel

I have gone from filling my tank once every week and a half... to once every couple of months

ProfessorGAC

(76,706 posts)
12. Gas Here Went Up 19 Cents In A Day
Wed Feb 17, 2021, 08:49 AM
Feb 2021

It's not the petro producers doing it.
Unleaded is sold on the commodity market just like crude.
As Texas refineries went down this weak, commodity speculators started driving up the cost of unleaded at the wholesale level.
One of the biggest economic mistakes of the 20th century was allowing the finished goods to be commoditized. It completely eliminated competition by price from the refining industry.
The same people who claim free markets & competition are the solution to everything added an unnecessary layer of profit taking and a point of competition vanished. A terrible decision.

regnaD kciN

(27,640 posts)
3. In my case, meh...
Wed Feb 17, 2021, 01:59 AM
Feb 2021

I don’t want to minimize the hardship for those who have to drive long distances for work, but I’m pretty sure I’ve driven less in this past year than I used to every month.

Rhiannon12866

(255,551 posts)
8. They sure have gone up here in New York, seems like they're higher every day
Wed Feb 17, 2021, 04:54 AM
Feb 2021

I don't remember the last time they were this high, regular isn't up to $3 yet, but premium is well above it and diesel is going up rapidly, too.

orleans

(36,921 posts)
9. chicago burbs-- two days ago mobil station was at 2.59; yesterday it was 275 for regular nt
Wed Feb 17, 2021, 05:05 AM
Feb 2021

Rhiannon12866

(255,551 posts)
10. It was $2.49 most places here at the beinning of the month, today it was at $2.69 some places
Wed Feb 17, 2021, 05:40 AM
Feb 2021

It seems to be going up every single day. And your prices seem to be going up even faster.

Latest Discussions»General Discussion»Gas Prices Going Up.....