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Gas jumped 30 cents/gal overnight here in Indiana...

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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:14 PM
Original message
Gas jumped 30 cents/gal overnight here in Indiana...
The local news said there's "no apparent reason". I figure it's due to people not traveling any more than necessary. Got to pay those hardworking CEO's somehow.

What's it doing where you live?
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:17 PM
Response to Original message
1. Down ten cents overnight
(from Wednesday evening to Thursday Morning) in South Mississippi. Holding at $1.75. We've had somewhat of a gas war for a couple of months now, a new station opened in town and the prices fluctuate almost hourly.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:18 PM
Response to Original message
2. Going up.
Oil prices are going down. There is noplace left to store any more. Prices at the pump are going up.


I tell ya, the Free Market can work miracles.
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Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:21 PM
Original message
Yup,
it went up here (St. Louis) late this morning from $1.75 to $1.99.


It's all about that supply and demand thing.....:sarcasm:
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:21 PM
Response to Reply #2
3. Oil is up over $45.
Was down to $34.
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Still Sensible Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:25 PM
Response to Original message
4. Went up a dime overnight in Oklahoma
How the hell do we get on the fax list that all the gas stations obviously get in the middle of the night? It never ceases to amaze me that when I drive to work in the morning, passing 15 different businesses selling gas, that even if there's a price change they are almost all the same by 8 a.m..
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:26 PM
Response to Original message
5. $2.59 here
for how long I have no idea.

:kick:
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:29 PM
Response to Original message
6. I just read yesterday that there's no place to store any more oil.
EVERYTHING IS FULL! So supply can't be an issue, neither can demand as from what I've seen most people haven't increased their driving that much, everyone is saving as much as they can.
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taterguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 08:53 PM
Response to Reply #6
11. Do you seriously think that everyone is saving as much as they can?
We must live in very different neighborhoods

Or have very different definitions of the term "saving"
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democraticinsurgent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:29 PM
Response to Original message
7. Like a yo-yo!
I'm in Indy and noticed it went from $1.79 to $1.99 early in the week, then back down to $1.79. Today up to $2.09.

Can this have anything to do with the actual market? Doesn't seem likely that it would jump up and down like this.
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taterguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:31 PM
Response to Original message
8. Innocents slaughtered in senseless oil wars
That's what gas is costing in my neck of the woods
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:35 PM
Response to Original message
9. OPEC cut production so oil will go up to 75$ a barrel by the summer and some squirrel...
...went down some shaft and stop production at some 12349uno43n2 billion dollar gasoline refinery.....or that's why Exxon et al will tell us.
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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 05:45 PM
Response to Original message
10. $2.19 for premium here in Cleveland.
I just used my GetGo points and got a full tank and two 5-gallon cans (30 gallons) free. :)
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