Gas in Northwest Iowa was 3.42 today

[Peacetrain]

Just a few weeks ago it was 3.78... that is a .36 drop.

Maybe the summer price bump up in gas prices came early and peaked

[sandnsea]

It's dropped about .30 here too. Funny how the news models are silent on the issue.

It was the spring switch to summer fuel. Happens every March. Speculators know it so they get in the mix and drive oil prices higher, which drives gas prices higher.

http://www.nacsonline.com/NACS/News/Dail...32212.aspx

[Peacetrain]

(04-26-2012 09:19 PM)sandnsea Wrote:  It's dropped about .30 here too. Funny how the news models are silent on the issue.

It was the spring switch to summer fuel. Happens every March. Speculators know it so they get in the mix and drive oil prices higher, which drives gas prices higher.

http://www.nacsonline.com/NACS/News/Dail...32212.aspx

It was 3.39 this morning sandnsea.. keeping my fingers crossed that it stays down because that really helps push down food prices

[There Is No Spoon]

My supercharged car knocked with the gas I got recently and it's still $3.83 here, no drop at all. Perhaps we're still getting winter blend.

[Peacetrain]

(04-27-2012 07:02 AM)There Is No Spoon Wrote:  My supercharged car knocked with the gas I got recently and it's still $3.83 here, no drop at all. Perhaps we're still getting winter blend.

For the life of me.. I just do not understand why the prices are so different in different parts of the country.. and we are no where near refineries or oil sources.. though we do have a LOT of ethanol.. I wonder if that makes a difference

[SeattleGirl]

Lowest price in SeattleLand is 3.99. Current highest price is 4.25. I do think it has gone down a couple of pennies, but not much.

[Peacetrain]

(04-27-2012 12:01 PM)SeattleGirl Wrote:  Lowest price in SeattleLand is 3.99. Current highest price is 4.25. I do think it has gone down a couple of pennies, but not much.

We dropped another 2 cents overnight Seattle.. its amazing.. I had heard that there was a ton of oil off the coasts on ships ready to process..but we do not have the refinery capacity.

I know a number of years ago a bunch of refineries shut down.. and refineries are in the private sector in the U.S. aren't they? you know I have never thought about that much.. If the refineries are private sector..than the private sector is the one that has let us down.

Refiners are private aren't they?

[sandnsea]

(04-27-2012 12:31 PM)Peacetrain Wrote:  

(04-27-2012 12:01 PM)SeattleGirl Wrote:  Lowest price in SeattleLand is 3.99. Current highest price is 4.25. I do think it has gone down a couple of pennies, but not much.

We dropped another 2 cents overnight Seattle.. its amazing.. I had heard that there was a ton of oil off the coasts on ships ready to process..but we do not have the refinery capacity.

I know a number of years ago a bunch of refineries shut down.. and refineries are in the private sector in the U.S. aren't they? you know I have never thought about that much.. If the refineries are private sector..than the private sector is the one that has let us down.

Refiners are private aren't they?

Figure this one out. I first moved to my current location in 1997. At that time, you could go any direction from here and the price of gas would drop. For instance, by the time you got to Eugene, it was at least 10c lower. About 5 years ago, the situation completely reversed. Now, any direction you go and the price of gas rises at least 5c a gallon, or more. Absolutely no reason that anybody can figure out. None.

[SeattleGirl]

(04-27-2012 02:24 PM)sandnsea Wrote:  

(04-27-2012 12:31 PM)Peacetrain Wrote:  We dropped another 2 cents overnight Seattle.. its amazing.. I had heard that there was a ton of oil off the coasts on ships ready to process..but we do not have the refinery capacity.

I know a number of years ago a bunch of refineries shut down.. and refineries are in the private sector in the U.S. aren't they? you know I have never thought about that much.. If the refineries are private sector..than the private sector is the one that has let us down.

Refiners are private aren't they?

Figure this one out. I first moved to my current location in 1997. At that time, you could go any direction from here and the price of gas would drop. For instance, by the time you got to Eugene, it was at least 10c lower. About 5 years ago, the situation completely reversed. Now, any direction you go and the price of gas rises at least 5c a gallon, or more. Absolutely no reason that anybody can figure out. None.

I hear you, sandnsea. My family lives in the Eugene/Springfield area, and when I go there, I pay as much or more than I pay in Seattle.