Gas Prices
#7685123
10/04/22 11:50 AM
10/04/22 11:50 AM
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Joined: Dec 2006
Posts: 15,697 MN, Land of 10,000 Lakes
Trapper7
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 15,697
MN, Land of 10,000 Lakes
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Heard OPEC was cutting production. Gas prices went up around here yesterday. Most I've seen is $3.84. Most stations are at $3.79. Couldn't happen at a better time with the mid-terms coming up. Hopefully, those on the fence will realize this will hit the middle class the hardest.
We are told not to judge all Muslims by the actions of a few lunatics, but are told to judge all gunowners by the actions of a few.
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Re: Gas Prices
[Re: Trapper7]
#7685139
10/04/22 12:10 PM
10/04/22 12:10 PM
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Joined: Feb 2021
Posts: 2,365 Interior Alaska
Oh Snap
trapper
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trapper
Joined: Feb 2021
Posts: 2,365
Interior Alaska
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We have gas stations here that keep mechanics busy because of not maintaining their systems.
I love the smell of burning spruce---I love the sound of a spring time goose---I love the feel of 40 below---from my trapline I will never go!
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Re: Gas Prices
[Re: Trapper7]
#7685152
10/04/22 12:30 PM
10/04/22 12:30 PM
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Joined: May 2012
Posts: 5,898 michigan,USA
seniortrap
trapper
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trapper
Joined: May 2012
Posts: 5,898
michigan,USA
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It went from $3.79 to $4.19 about 5 days ago. ???????
Vietnam--1967 46th. Const./Combat Engineers
"Chaotic action is preferable to orderly inaction." "After the first shot, all plans go out the window!"
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Re: Gas Prices
[Re: Craig Acton]
#7685158
10/04/22 12:43 PM
10/04/22 12:43 PM
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Joined: Mar 2012
Posts: 623 Texas
otterdog
trapper
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trapper
Joined: Mar 2012
Posts: 623
Texas
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That time of year where they switch from summer fuel to winter fuel. Happens every year! This does happen but the Winter prices were always lower. Not any more.
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Re: Gas Prices
[Re: Trapper7]
#7685171
10/04/22 01:12 PM
10/04/22 01:12 PM
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Joined: Mar 2007
Posts: 35,169 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,169
McGrath, AK
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The OPEC meeting doesn't happen until tomorrow. I suspect they WILL cut production......and I hope they do !
Oil price is rising slightly because the dollar is weakening slightly.
Just wait until January when the new 16.4 % tax on a barrel of oil kicks in,,,,,,,,complements of those brilliant Democrat economists. Did you realize that if if the feds make the oil companies pay more for the oil they buy, that it will miraculously reduce prices at the pump ?
Neither did I . It's all part of the Inflation Reduction Act.
Oh and lets not forget the new strategy of Biden's when it comes to the strategic petroleum reserve. Sell high, buy back even higher !
The oil market knows those barrels have to be replaced....soon. We are down to a level in the SPR not seen since 1986.
Mean As Nails
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Re: Gas Prices
[Re: Trapper7]
#7685180
10/04/22 01:25 PM
10/04/22 01:25 PM
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Joined: Jan 2007
Posts: 611 PA
Strut10
trapper
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trapper
Joined: Jan 2007
Posts: 611
PA
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Grab your ankles.
The wholesale, commodity price of a gallon of unleaded is up 15 cents TODAY !!! 6% !!!!! And the trading session isn't over.
Wollen nicht krank dein feind. Planen es.
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Re: Gas Prices
[Re: Trapper7]
#7685190
10/04/22 01:40 PM
10/04/22 01:40 PM
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Joined: Dec 2010
Posts: 11,183 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,183
Armpit, ak
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“There's a 16.4 percent tax on imported barrels of oil that are going to increase cost at the gas pump,” warned Sen. Lindsey Graham (R-S.C.) on CNN's State of the Union on Sunday, Aug. 7.
Looks like a tariff?
Who is John Galt?
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Re: Gas Prices
[Re: Trapper7]
#7685191
10/04/22 01:46 PM
10/04/22 01:46 PM
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Joined: Mar 2007
Posts: 35,169 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,169
McGrath, AK
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NOPE. That 16.4% is on imported OR domestic oil IF purchased by US refineries Excerpt from Barron's article. "The Inflation Reduction Act of 2022 proposes to reinstate a tax on crude oil and imported petroleum of 16.4 cents a gallon tax starting next January, according to a summary of the measure released by the Senate’s finance committee." https://www.barrons.com/articles/oil-stock-exxon-chevron-manchin-climate-bill-51659351762
Last edited by white17; 10/04/22 01:59 PM.
Mean As Nails
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Re: Gas Prices
[Re: otterdog]
#7685201
10/04/22 02:03 PM
10/04/22 02:03 PM
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Joined: Dec 2006
Posts: 15,697 MN, Land of 10,000 Lakes
Trapper7
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 15,697
MN, Land of 10,000 Lakes
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That time of year where they switch from summer fuel to winter fuel. Happens every year! This does happen but the Winter prices were always lower. Not any more. The prices have risen because OPEC has cut production and plans to cut it even further. I agree, winter prices are usually lower because the demand is lower. People aren't travelling as much.
We are told not to judge all Muslims by the actions of a few lunatics, but are told to judge all gunowners by the actions of a few.
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Re: Gas Prices
[Re: Trapper7]
#7685207
10/04/22 02:11 PM
10/04/22 02:11 PM
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Joined: Feb 2010
Posts: 19,719 pa
hippie
trapper
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trapper
Joined: Feb 2010
Posts: 19,719
pa
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Throw regulations at them, attack refineries like they've done to the ones in Illinois and you get what the greenies wanted to push their electric car.
Last edited by hippie; 10/04/22 02:16 PM.
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