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Default Anybody see the USA Today fuel price predictions?

Driving home this evening, I listened to a local talk radio station
discussing the probable fuel prices during the next few months. They
kept referring to an article in USA Today that projected $4/gallon gas
prices (would probably run $5 at a fuel dock).

Anybody actually see this story and know the details?

I can't find it online- does anybody have a website address to check?

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First recorded activity by BoatBanter: Feb 2005
Location: Michigan
Posts: 472
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Actually it is already almost 5 dollars a gallon at a marina here in S/E Michigan. $4.969 to be exact.
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Default Anybody see the USA Today fuel price predictions?


RGrew176 wrote:
Actually it is already almost 5 dollars a gallon at a marina here in S/E
Michigan. $4.969 to be exact.


--
RGrew176


That's discouraging news. Even though the price of fuel is a relatively
minor consideration for many boaters- (as in if you're making $24,000 a
year in boat payments does it really matter if your summer fuel bill
goes from $2500 up to $3500?)- these unusually high fuel prices tend to
make people think twice or thrice about using their boats.

I don't think it's a situation of supply and demand at all. It's a case
of "we got you by the short hairs, we know you'll pay at least as much
as you did last year, and we need another round of record-breaking
profits to crank our share values up to the next level."

Gas station prices for 92-octane broke $3 this week at a lot of local
stations. It's only the middle of April, and they will proably keep
going up through Labor Day (simply because they can). At the risk of
wandering over near the OT border- perhaps there will be some political
pressure on the oil companies to keep prices in check, at least
slightly, this year. Dropping them in October may be too late to be of
much PR benefit to the party hoping to maintain a congressional
majority. There's no direct connection between who's in office and oil
prices, but John Q Public is more likely to vote "for change" if he's
feeling unhappy, and while a lot of national and international issues
are pretty abstract it doesn't take a rocket scientist to notice that
it's costing $75-$100 to fill up the F250. It will be interesting to
see how this plays out.

I'm glad I've got two nearly full tanks. I'd top off right now if I
wasn't still hauled out for refit, as any fuel bought weeks from now is
surely going to be a lot more expensive.

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JimH
 
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Default Anybody see the USA Today fuel price predictions?


wrote in message
oups.com...
Driving home this evening, I listened to a local talk radio station
discussing the probable fuel prices during the next few months. They
kept referring to an article in USA Today that projected $4/gallon gas
prices (would probably run $5 at a fuel dock).

Anybody actually see this story and know the details?

I can't find it online- does anybody have a website address to check?


I went to the marina today to drop the boat off so they could take it off
the trailer and onto a 3 point stand.....I need to epoxy barrier coat and
bottom coat (it was it was always trailered before). On the way there I
gassed it up at a local station at $2.74/gallon (I did not top it off last
fall thinking gas prices would fall).

After the boat was put onto the blocks/jack stands I checked the gas price
at the dock and it was $2.98......must be last years gas. At least some
marina's do not jump on the gas price gouging bandwagon when the opportunity
arises and only raise prices when justified by a new shipment of gas. ;-)


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Dan J.S.
 
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Default Anybody see the USA Today fuel price predictions?


wrote in message
oups.com...
Driving home this evening, I listened to a local talk radio station
discussing the probable fuel prices during the next few months. They
kept referring to an article in USA Today that projected $4/gallon gas
prices (would probably run $5 at a fuel dock).

Anybody actually see this story and know the details?

I can't find it online- does anybody have a website address to check?


All we have to do is let Israel to do what it needs to do, and oil prices
will be back in check. This Iran BS is getting old.


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Doug Kanter
 
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Default Anybody see the USA Today fuel price predictions?


"Dan J.S." wrote in message
...

wrote in message
oups.com...
Driving home this evening, I listened to a local talk radio station
discussing the probable fuel prices during the next few months. They
kept referring to an article in USA Today that projected $4/gallon gas
prices (would probably run $5 at a fuel dock).

Anybody actually see this story and know the details?

I can't find it online- does anybody have a website address to check?


All we have to do is let Israel to do what it needs to do, and oil prices
will be back in check. This Iran BS is getting old.


What does Israel need to do?


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Default Anybody see the USA Today fuel price predictions?


Dan J.S. wrote:
wrote in message
oups.com...
Driving home this evening, I listened to a local talk radio station
discussing the probable fuel prices during the next few months. They
kept referring to an article in USA Today that projected $4/gallon gas
prices (would probably run $5 at a fuel dock).

Anybody actually see this story and know the details?

I can't find it online- does anybody have a website address to check?


All we have to do is let Israel to do what it needs to do, and oil prices
will be back in check. This Iran BS is getting old.


Hate to break it to you, Dan, but the price of crude oil (i.e. the
price per bbl paid to the companies that are owned 51% by Iran and 49%
by Big Oil), has very little to do with the price per gallon you will
pay to fill your car or boat. Remember last year? Big Oil was crying
that it's profits were being squeezed by the price of crude oil and/or
damage from Katrina, (and/or liberal environmental obstructionists
opposing the planting drilling rigs in the middle of national parks or
siting refineries across the street from grade schools). In reality,
the net profits from the prices that were raised much higher and raised
much faster than costs were accumulating at a rate that has been
usurpassed in human history. When you're pumping $5 gas at the marina,
don't even begin to blame it on Iran.

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Dan J.S.
 
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Default Anybody see the USA Today fuel price predictions?


wrote in message
oups.com...

Dan J.S. wrote:
wrote in message
oups.com...
Driving home this evening, I listened to a local talk radio station
discussing the probable fuel prices during the next few months. They
kept referring to an article in USA Today that projected $4/gallon gas
prices (would probably run $5 at a fuel dock).

Anybody actually see this story and know the details?

I can't find it online- does anybody have a website address to check?


All we have to do is let Israel to do what it needs to do, and oil prices
will be back in check. This Iran BS is getting old.


Hate to break it to you, Dan, but the price of crude oil (i.e. the
price per bbl paid to the companies that are owned 51% by Iran and 49%
by Big Oil), has very little to do with the price per gallon you will
pay to fill your car or boat. Remember last year? Big Oil was crying
that it's profits were being squeezed by the price of crude oil and/or
damage from Katrina, (and/or liberal environmental obstructionists
opposing the planting drilling rigs in the middle of national parks or
siting refineries across the street from grade schools). In reality,
the net profits from the prices that were raised much higher and raised
much faster than costs were accumulating at a rate that has been
usurpassed in human history. When you're pumping $5 gas at the marina,
don't even begin to blame it on Iran.


I hate to break it to you, but I sit in commodities daily, and about 10% of
the current $70 brent crude price is because of Iran. Futures markets are
out of control - and futures markets predict issues with Iran.




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