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).

Chuck Gould wrote:
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).

I paid $2.05 for reg today at the Eastman WalMart. But based on
prices in Warner Robins, and other places in Eastman, it'll probably
go up 5-10 cents here in the next few days. I hope I'm wrong, though.

--
bill
Theory don't mean squat if it don't work.

HDinNY wrote:
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 my Apr-May trip last year, I paid an average of $2.82 per gallon.
I welcome $2.50 per gallon.

--
bill
Theory don't mean squat if it don't work.

On Feb 23, 9:32 am, 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

7777777777777777777777777777777777777777777777777

HORSE PUCKEY, THE ANSWER IS ONE WORD:

G-R-E-E-D