THE NET WATCHER wrote:
On Feb 23, 9:11 am, "Chuck Gould" wrote:
On Feb 23, 7:37?am, "Bryan" wrote:

The news ticker tape just said that Bay Area (San Francisco) gas prices are
expected to increase by 40 cents per gallon over the next two weeks! ?What's
the explanation for that? ?Anyone know some facts?
When pressed for reasons, the only people in a position to know why
the prices of refined products fluctuate as they do (the oil companies
and their spokesmen) will always cite "supply and demand".

In a free market, that means the price will go up until overall
profits are suppressed by a decrease in demand. So far, regardless of
the price, we have
demonstrated that we will continue to demand as much as the refiners
choose to supply. With the passage of winter, there is less need to
keep prices down and avoid the political drama of "freezing granny out
of her house and home", and it's back to sock-it-to-us time for
discretionary uses like boating and vacation driving. The current
stock values of Big Oil are based on last year's record profits (Exxon
netted over $4 million an hour, 24/365) and unless investors can be
assured that such profits are sustainable the stock prices will fall.

But heck, where in the Bill of Rights does it say that we're entitled
to cheap gasoline and diesel? Given the same corner on the market and
the control of the entire chain of distribution from extracting raw
materials to retailing finished products that a handful of oil
companies enjoy, darn few people would be able to say that they
wouldn't do *exactly* the same thing that Big Oil has done the last
couple of years.

Expect another ugly year at the fuel dock, but the good news is that
it won't seem quite so bad as before because we're all becoming
accustomed to paying 50-cents a pint. :-)

9999999999999999999999999999999999999999999

BULL****, THE ANSWER IS SIMPLE...ONE WORD:

G-R-E-E-D


Do you give back half of your paycheck? If not, you being a halfwit,
should start.

On Sat, 24 Feb 2007 07:59:18 -0500, BAR wrote:

THE NET WATCHER wrote:
On Feb 23, 9:11 am, "Chuck Gould" wrote:
On Feb 23, 7:37?am, "Bryan" wrote:

Do you give back half of your paycheck? If not, you being a halfwit,
should start.


\|||/
(o o)
,----ooO--(_)-------.
| Please |
| don't feed the |
| TROLL's ! |
'--------------Ooo--'
|__|__|
|| ||
ooO Ooo

--
Frank Tabor
Men will **** mud.
-- Lenny Bruce

On Fri, 23 Feb 2007 15:37:40 GMT, "Bryan" wrote:

The news ticker tape just said that Bay Area (San Francisco) gas prices are
expected to increase by 40 cents per gallon over the next two weeks! What's
the explanation for that? Anyone know some facts?

Perhaps it's to provide for sick leave and pay to the unemployed homeless
flocking to the city to partake in the gay and NAMBLA parades therein.

"JLH" wrote in message
...
On Fri, 23 Feb 2007 15:37:40 GMT, "Bryan" wrote:

The news ticker tape just said that Bay Area (San Francisco) gas prices
are
expected to increase by 40 cents per gallon over the next two weeks!
What's
the explanation for that? Anyone know some facts?

Perhaps it's to provide for sick leave and pay to the unemployed homeless
flocking to the city to partake in the gay and NAMBLA parades therein.

JLH, oh never mind.

Bryan wrote:
The news ticker tape just said that Bay Area (San Francisco) gas prices are
expected to increase by 40 cents per gallon over the next two weeks! What's
the explanation for that? Anyone know some facts?



That's too much unless there's a local refinery out or some such, like
increased taxes kicking in. Just watch the commodity exchange futures.
Unl regular is projected to increase only 10 cents by April, then creep
up more for the summer vacationers.

MTV

MTV wrote:

Bryan wrote:

The news ticker tape just said that Bay Area (San Francisco) gas
prices are expected to increase by 40 cents per gallon over the next
two weeks! What's the explanation for that? Anyone know some facts?


That's too much unless there's a local refinery out or some such, like
increased taxes kicking in. Just watch the commodity exchange futures.
Unl regular is projected to increase only 10 cents by April, then creep
up more for the summer vacationers.

MTV

On CNBC at 1:10PM today, oil-60.83 and unl-1.744. We'll be traveling the
first week in April and I expect $2.50/gallon.
Hugh

:On CNBC at 1:10PM today, oil-60.83 and unl-1.744. We'll be traveling the
:first week in April and I expect $2.50/gallon.
:Hugh

I'd welcome $2.50/gallon...it's about $2.75 now in No. California.

Bob wrote:

:On CNBC at 1:10PM today, oil-60.83 and unl-1.744. We'll be traveling the
:first week in April and I expect $2.50/gallon.
:Hugh

I'd welcome $2.50/gallon...it's about $2.75 now in No. California.


We would welcome you in all of these other states where fuel is much
cheaper, so long as you don't bring the left wing politics which
produced those high prices in CA.

Lon

On Fri, 23 Feb 2007 13:11:09 -0500, HDinNY
wrote:


On CNBC at 1:10PM today, oil-60.83 and unl-1.744. We'll be traveling the
first week in April and I expect $2.50/gallon.


Cash trade price for gas is about 1.77/gal right now and march futures
runing about 1.76. April futures at about 1.82. Overall gas is up
about 25 cents on trades in last 2 weeks. Speculators are driving
prices up because oil has not increased that much and current cash
price for today is around 59.50 a barrel. You can thank Reagan for
this in that he opened up the futures market for oil products and it
generaly adds 10 to 15% to price for profit taking and a lot more when
they speculate.
-----------------
TheSnoMan.com

On Feb 23, 10:11?am, HDinNY wrote:


On CNBC at 1:10PM today, oil-60.83 and unl-1.744. We'll be traveling the
first week in April and I expect $2.50/gallon.
Hugh

Those futures prices are based on wholesale, correct?

Add the state and federal taxes and the retail markups and you will be
nowhere near $1.74/gallon. In our region we enjoy "zone" pricing, a
system in which the refiner sends out a tanker truck to various
company owned filling stations and the same gas, from the same truck,
sold at different locations by the same parent company will vary by
40-50 cents per gallon between one side of town and another. It's
crazy, but as long as they can sell all the fuel they choose to refine
it will remain so..

I paid $2.85/gallon for 92 octane unleaded this afternoon. To be
fair, that was at a station not usually known for its low prices,
(last chance before getting onto the freeway).