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Started By
Message
Why did gas prices go up 20 cents over night?
Posted on 11/16/17 at 5:51 pm
Posted on 11/16/17 at 5:51 pm
13
Posted on 11/16/17 at 5:51 pm to The Boat
Seems like you already knew the answer.
Posted on 11/16/17 at 5:52 pm to The Boat
Leak in the Keystone Pipeline?
Posted on 11/16/17 at 5:53 pm to The Boat
Not sure if serious. Winter blend is cheaper.
Posted on 11/16/17 at 5:55 pm to The Boat
Real answer is inventories and lingering effects from Harvey + demand.
ETA:
Inventories are higher than normal, but they're down significantly since their 5 year peak in February.
LINK
ETA:
Inventories are higher than normal, but they're down significantly since their 5 year peak in February.
quote:
Dan McTeague, a senior petroleum market analyst with the price-tracking site GasBuddy.com, said gasoline inventories are at their lowest levels since 2014, partly because of the lingering effects of Hurricane Harvey.
quote:
Harvey shut down 25 percent of U.S. gasoline production when it knocked out refineries in Texas. The refineries came back online in a few weeks, but McTeague said the storm delayed maintenance that usually takes place in early September until October. Refineries must shut down during the maintenance, reducing production.
Also cutting into inventories is a strengthening economy that is raising demand for gasoline, McTeague said.
"America is selling a lot more gasoline and diesel products," he said.
LINK
This post was edited on 11/16/17 at 6:16 pm
Posted on 11/16/17 at 5:55 pm to The Boat
obamacare.
Posted on 11/16/17 at 5:56 pm to The Boat
Freakonomics
Posted on 11/16/17 at 5:58 pm to The Boat
Political drama in Saudi Arabia.
Posted on 11/16/17 at 5:59 pm to AA77
Link?
Posted on 11/16/17 at 6:13 pm to Bmath
quote:supposed to make gas prices cheaper.
Keystone Pipeline?
Posted on 11/16/17 at 6:16 pm to The Boat
you'll never see gas prices drop 20 cents overnight
Posted on 11/16/17 at 6:25 pm to The Boat
Cause no one followed that forwarded email’s advice last week about not filling up on Friday.
Posted on 11/16/17 at 6:28 pm to The Boat
Well, in California, our gas literally went up .12 overnight on Nov 1 thanks to our wack Governor moombeam. This state's politicians are the worst. 
Posted on 11/16/17 at 6:58 pm to TT9
quote:
supposed to make gas prices cheaper.
Read the news, dipshit.
Posted on 11/16/17 at 7:02 pm to The Boat
Because you, me and everyone else may bitch but we will still pay it.
Posted on 11/16/17 at 7:18 pm to Bmath
No thanks, dipshit.
Posted on 11/16/17 at 7:18 pm to PrivatePublic
Thanksgiving Holidays
Posted on 11/16/17 at 7:21 pm to bowlbound
quote:
This state's politicians are the worst.
Somebody is electing them.
Posted on 11/16/17 at 7:22 pm to The Boat
Futures contracts expire Dec 1.
I expect oil to hit $60-$65 soon.
I expect oil to hit $60-$65 soon.
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