Fuel prices gone wild !!
May 14, 2004 | 09:15 AM
#1
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Pro Rider
Joined: Dec 2003
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Fuel prices gone wild !!
We are now paying the equivalent of $2.75 US per gallon of self serve regular gas here, with diesel prices not far behind. How does this compare to prices elsewhere in North America?
May 14, 2004 | 01:39 PM
#5
Trailblazer
Joined: Jul 2003
Posts: 82
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Fuel prices gone wild !!
just paid 2.09 a gallon for 87 octane regular yesterday. Super was about 2.29 a gallon...... Wisconsin is like the second or third highest taxed gas in the USA.
My wife is an accountant for a local small town oil company. Her boss buys and sells gas on the stock market for them. She said he lost a million bucks overnight yesterday due to a gamble, and then the cost went up and he had no fuel to sell at a contract cost, and had to buy it higher to sell it at the lower contract cost? Something like that.
She said dont expet prices to come town till maybe september, if at all. The prices usually go up in the summer du to basically more people driving on vacations, to and from the cabin every weekend....... heading to the beach, boating eats a lot of gas, and yes, i drive an extra 2 hours every weekend to go burn a few gallons in my atv.
crap like that will keep the price rissing. If we keep buying it, they will try to profit more and prices will go up.
Also we are pulling from our countrys reserve fuel supply, wich makes the oil companies very nervous, as they buy and sell less from the ground when we use the reserves.
I dont understand it all to well. Just repeating what my wife said. (if i remember it corectly.)
My wife is an accountant for a local small town oil company. Her boss buys and sells gas on the stock market for them. She said he lost a million bucks overnight yesterday due to a gamble, and then the cost went up and he had no fuel to sell at a contract cost, and had to buy it higher to sell it at the lower contract cost? Something like that.
She said dont expet prices to come town till maybe september, if at all. The prices usually go up in the summer du to basically more people driving on vacations, to and from the cabin every weekend....... heading to the beach, boating eats a lot of gas, and yes, i drive an extra 2 hours every weekend to go burn a few gallons in my atv.
crap like that will keep the price rissing. If we keep buying it, they will try to profit more and prices will go up.
Also we are pulling from our countrys reserve fuel supply, wich makes the oil companies very nervous, as they buy and sell less from the ground when we use the reserves.
I dont understand it all to well. Just repeating what my wife said. (if i remember it corectly.)
May 14, 2004 | 03:48 PM
#7
Pro Rider
Joined: Feb 2004
Posts: 319
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Fuel prices gone wild !!
We're anywhere between $1.99 to $2.19 on the Wisconsin/Illinois border. It's crazy. We sure aren't make many trips anywhere.
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May 14, 2004 | 05:13 PM
#10
Trailblazer
Joined: Jan 2003
Posts: 37
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Fuel prices gone wild !!
Just hit $1.90 here in jersey for reg unleaded and any where from $2.00 to $2.10 for premium. $70 to fill my F250 (38 gallons) which is not going to happen anytime soon. Last week it was $1.70 were all getting screwed without being kissed!!!!!!!!!!!!!!!