Connecticut Nesties
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I paid freaking $4.19 for gas this morning!
Not to change the happy mood of the board today, but WTF with the gas prices. $4.19 a gallon!?!? Insane! I mean, it can't just keep going up, can it?
Re: I paid freaking $4.19 for gas this morning!
ugh, i know it's not going to get cheaper any time soon... OPEC is refusing to increase output and there's been a bit of a crimp in the supply recently too... stupid energy traders!!!!!
I can't take the gas prices. I put $57 of gas in my car the other day!
I am going to buy a horse. They have to be cheaper, no? Can you picture me galloping to pick up the girls? Guess I'll need a carraige too! LOL!!
Picture my next post on Parenting in the Boondocks - will a Marathon fit into a horse drawn carriage?
This is hysterical, MJP!
My goodness.
My BIL works in the industry. He just sits back and gets bigger and bigger bonuses the more we pay for gas. it makes me sick. especially when you hear about the major retailers quarterly profits. they keep making more and more- they could totally drop the prices for a little bit!
This is exactly why I avoid filling up near work (Norwalk). Prices seem SO much higher down there.
It's also why I've been driving my crappy Ford to work every day since it's still getting 38 mpg. I think my Honda, which takes premium gas, is gonna be mothballed for a while. :-(
Mr and Mrs EST 8.19.06
DD#1 3.28.12
oh, that's for premium? H paid $3.73 for premium at Stop & Shop in Naugatuck yesterday... those gas coupons you get for spending $50 in store really help keep the price of premium under control...
::((butting in))::
Sorry, but I have to jump in. I'm and oil and gas economist who looks at this stuff every day, and I gotta be honest , summer driving season is just starting. Expect regular gas to hit $4 sometime this summer on the East Coast. (I can link you to the forecasts and explanations we produce if that helps).
There are a lot of reasons for this. Mainly, oil is at $118 dollars a barrel (and rising). That's a record high for all time. In the 90's when gas was cheap, oil was around $20 a barrel, or less ($12 at one point). Crude prices is the majority of the cost (some of this due to growing demand around the world, some due to insecurity in the market, disruptions, cost of technology, etc etc.). The rest of the cost of our gasoline somes from taxes, refining, marketing and distribution, and transport costs.
It's true that energy traders and US / International oil companies are making money - but not without a lot of risk - and not anywhere near what export-oriented oil-producing economies around the world are pulling in to support our demand.Refiners and retailers - your local guys - are making pennies, sometimes fractions of a penny of the sale of gasoline. It's forced collusion - pretty much why gasoline retailers in a general area all charge the same price - they don't have an option. Any less - they'll lose their customers (and customers in the garages and convience stores that make their profit), to little and they will be selling under cost.
It's a tough energy picture out there. At least we aren't paying European prices yet!
it was $4.73 at Mohegan the other night. I realize some people get free gas with their card but holy crap!!
It's crazy how different the prices are based on where you are in the state. I love getting my gas in Norwalk because it's so much cheaper than Stamford - I paid $3.65 today.