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meadowlark5

(2,795 posts)
1. Creeping up in the 'burbs of Denver too
Thu Mar 29, 2018, 01:00 PM
Mar 2018

I thought I had heard the price per barrel dropped last week - so why the increase at the pump?

duforsure

(11,884 posts)
2. Remember when under President Obama the crude oil prices
Thu Mar 29, 2018, 01:03 PM
Mar 2018

were around $40-42 a barrel, and with Russia's main economy is based on their oil, and under trump its gone up 50% and more to $65 a barrel. My gasoline costs dramatically rose, and my P&L bill has gone up, and costs of products at the grocery stores have been rising also under trump, and now add the rise from his trade policies , it'll be a disaster.

ProfessorGAC

(64,852 posts)
6. Like The OP, In Illinois
Thu Mar 29, 2018, 02:50 PM
Mar 2018

But, we're about 55 miles south of downtown. Went from 2.43 to 2.81 in two days and then back down to 2.65. We do have a municipal gas tax, so some areas are a little cheaper, but maybe a nickel.

kacekwl

(7,013 posts)
7. We seem to play a game here.
Thu Mar 29, 2018, 04:00 PM
Mar 2018

Gas prices rise anywhere from 25 - 30 cents per gallon once every two weeks then very slowly tick down a penny or two a day untill the next rise. But now hasn't gone down much but has risen the same amount. With everything else basically the same costwise for the oil companies imagine the PROFFIT being made daily.Tax cut my ass.

madinmaryland

(64,931 posts)
8. Oill prices generally rise in the spring as refineries switch over to producing the summer blend of
Thu Mar 29, 2018, 05:33 PM
Mar 2018

gasoline. I don't know what the national average is, but it may go up 30-40 cents a gallon. It's been jumping around here in SW Ohio between $2.19 and $2.55 since last fall.

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