Gas Prices

[Norbert]

In the Midwest they are out of control rising to $4.359 this afternoon. This is the highest the price of regular has ever been where I live, beating the crap out of the Summer of 2008.

Looks like BP, Marathon and Shell will have a phenomenal quarter coming up.

[Chipper Chat]

1. Up to 4.38 in north-central Indiana.

Ouch.

[inthewind21]

13. 5.59

In Nevada and as much as 7.99 in some places in CA

[hlthe2b]

2. The Gas Buddy app has been very helpful to me. Just fill up on Mondays/Tuesdays not Friday or

the weekend as the latter are the most expensive times. And, if you've been like me (wanting to keep the tank full to avoid any dramatic increase), just know that your fuel gauge may or may not show accurately if you keep tapping it off with just a few gallons. I've always filled at a half tank so I'd never encountered that before and almost took it in to the dealership for an unnecessary repair.

I was ridiculed for several years when gas was pretty cheap for my "ugly" Prius hybrid. I will not be insensitive enough to utter anything to them now as my mind secretly calculates how damned much their big SUVs must cost to fill. But, I do hope this guides all of us in the future. Fossil fuels are not the path for the future. And this only underscores that to be the case.

I have hope that this levels out soon. For everyone.

Oh, and if you have Costco near you, they have (for many months) had the best prices throughout the country.

[calguy]

3. I think I read an article on BO earnings recently

Profits around three billion last quarter.... increased to nine billion this quarter.
Go figure.

[MineralMan]

4. Once again, I got 50 cents per gallon off, thanks

to my supermarket loyalty card. We fill up the car just once a month. It took 8 gallons this time, so I saved a whopping $4. I paid $3.69.9 per gallon if I remember correctly.

Oh, wait...I only saved $4? Hmph...

We deliberately keep our driving to a minimum, and have for some time. Today, I planned my shopping trip to make a one-way circular route, with three stops. Shortest possible distance to get what I needed. We can do that. I know not everyone can, but gas prices, while high, are not so high that they make up a huge increase in spending, overall, I think. It's just that we get used to how much a fill-up costs, so it looks like a lot.

[Buckeyeblue]

5. What is the standard formula for oil costs vs gas costs?

If Oil companies see dramatic profits doesn't that mean they've changed that formula? I know they sell more than gas. But it seems like the formula has changed.

Congress should enact price protections for gas consumers.

[uponit7771]

6. +1, and per barrel oil prices have not gone up more than 2011 - 2014. Its 100% naked greed on the

... other hand per barrel utilization ... HAS ... gone down even after 85% of US adults have at least one shot of vaccine.

[pwb]

7. Driving less is the answer if

you can. I have cut my driving in half. No problem. makes it like $2.18 a gallon. If you can't cut back go slower, accelerate slower and make your braking smoother. ?

[gratuitous]

12. What? Thoughtful consumerism?

How dare you! Do you know how many billions (maybe even trillions) of dollars large corporations have spent convincing U.S. citizens to buy, buy, buy. Buy to your last penny. Buy on credit. Borrow to buy some more. Lie, cheat and steal if you must, but buy.

You start slowing people down, advising them to make a plan, combine trips, drive more conscientiously, and some big shot somewhere might have to settle for a 42-foot yacht instead of that 46-footer he's had his eye on. Oh, the humanity!

[pwb]

15. You got that right.

The wealth owned media and big oil don't want us to fight back.
Not much mention of cutting back to save.
Showing my age I guess.

[VMA131Marine]

8. Gas prices around the world

Lowest 5
Venezuela $0.084/gal
Libya $0.118
Iran $0.212
Syria $1.08
Algeria $1.195

Saudi Arabia $2.35
Russia $2.81
Argentina $3.70

US $4.50

Canada $6.13
United Kingdom $7.68
Germany $8.01

Highest 5
Finland $8.84
Monaco $9.05
Central African Republic $9.12
Norway $9.23
Hong Kong $10.97

https://www.globalpetrolprices.com/gasoline_prices/

[Emile]

9. I need to buy diesel for my tractor. I think it's around $5.45 PG

[FloridaBlues]

10. I was hoping President Biden would have said more about price gouging today.

This needs to be repeated often otherwise people just blame this administration

[Ron Green]

11. We've know for 50 years that our cheap-gas world was not gonna work.

And yet we built that world, where everybody's trapped in a car to go to work or to groceries or to see the family.

$5.00 a gallon is cheap when you think about how much energy is in that gallon. It'll take you and a few friends and 3000 lb. of steel 20 or 30 miles over hill and dale.

How could our planning commissions and city councils have been so blind all these years as to build the car-based world?

[inthewind21]

14. They weren't blind

They were looking at a nation full of individual $$ signs. We all ran out and bought the cars, some two or three of them. The biggest most gas guzzling ones we could find. "We" still do.