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- 02-07-2012 01:05 PM #1671
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Proud Staff MemberADVERTS 1
Dropped to $3.28 last night, same this morning at Wally World (independent station now) and Murphy which are side by side, $3.35 - $3.39 elsewhere.
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- 02-07-2012 01:05 PM # ADS
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- 02-07-2012 01:54 PM #1672
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Philly area oil refinery to close..
Sunoco Marcus Hook refinery closing; lay offs begin today - Main Line Suburban Life - Main Line Media News
On the surface, this makes no sense. It would seem that with prices for fuel on the rise, refining would increase. Such is not the case.
Major contribution to wholesale and retail prices are speculative and no because of demand.
In fact demand for fuel is down significantly yet the cost to refine has made refining unprofitable.
The Marcus Hook plant represents a loss of 178,000 barrel of fuel per day.
No doubt the commodities markets will seize on this as another reason to bid up futures contracts....Yes of course, the pump price will rise as well.
- 02-19-2012 08:22 PM #1673
$3.59 now here in town. Yikes!
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- 02-19-2012 08:25 PM #1674
$4.06 for regular here today from Arco
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- 02-19-2012 08:36 PM #1675
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Paid $3.69 this morning. Same station went to $3.72 three hours later.
I have seen $3.82 per gallon near here. I expect $4 by mid March..
Charlotte, NC area.
Gas is up 50 cents per gallon since the week between Christmas and New Years.
- 02-19-2012 09:23 PM #1676
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Proud Staff MemberSaw $3.49, filled up at $3.39 on the way to work tonight...
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- 02-20-2012 10:22 AM #1677
$3.77 at Costco, everyone else is $3.99 and up....
Bobby
- 02-20-2012 04:32 PM #1678
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Expect another ramp up in oil and gas prices as we saw in 2008. I was looking at futures prices (
CNBC Mobile Home
) The April 2012 contract for unleaded regular is at $3.22 per gallon. To get to the pump price add 70-90 cents per gallon for taxes delivery costs and retailer profit. There's your $4 plus gas. I figure with today's run up in oil prices we can expect another 5 to 7 cent spike in pump price this week.
By Easter which is 40 days from Wednesday, the national avg should be over $4 per gallon. Those of you in California, Hawaii, Alaska, Mass. and other high tax states should be at $4.25 or more by then. Especially in large cities.
Economically for the country and financially for the people, it' going to be a real shitty summer.
- 02-23-2012 10:26 PM #1679
Dang it. Was going to fill up yesterday at 3.28 and forgot. Left this evening for baseball practice and it was 3.39-3.47
- 02-23-2012 10:57 PM #1680
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Proud Staff Member$3.49 -- $3.59 on the way to work tonight...
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