Fuel prices near you

[Fat Boss]

Opec just said they are pumping more

Saudi Oil Boost, Yemen Truce Set Stage for Biden Visit to Kingdom

Saudi Arabia took steps to boost oil production and extend a truce with Iran-backed forces in Yemen, two moves that help pave the way for President Biden to visit the kingdom amid efforts toward a diplomatic reset.

www.wsj.com

Aaaand oil was up almost 2% after that news. OPEC has us over a barrel, they know it, and they like it.

 

[Fastback]

Aaaand oil was up almost 2% after that news. OPEC has us over a barrel, they know it, and they like it.

Sure, no argument here Boss!

 

[Rb0891]

Aaaand oil was up almost 2% after that news. OPEC has us over a barrel, they know it, and they like it.

Ahhh. Maybe Trump wasn’t such a dumbass

 

[mariusvt]

Price jumped at one station in town .30 since yesterday. I'm sure the other will follow suit in a day or two. 4.86 on the low end, 5.20 on the high end. 93 trying to break that $6 mark.

 

[SecondhandSnake]

Gonna be like 1980s soon. Maybe some cheap GT500s will be up for sale.

I've noticed in the past couple weeks a whole lot of pickups and SUVs going up for sale. And they're not selling as quick as they used to either.

I wonder how it's going to work for collector cars. Will the price of fuel make them drop, or will everything going EV make them more valuable?

 

[cobracide]

I've noticed in the past couple weeks a whole lot of pickups and SUVs going up for sale. And they're not selling as quick as they used to either.

I wonder how it's going to work for collector cars. Will the price of fuel make them drop, or will everything going EV make them more valuable?

You nailed the quandary before us. I think if someone is patient and digs, a deal can be found eventually. The collectability of the last of the gas powered muscle cars definitively will weigh against the un-affordability of fuel.

 

[Dusten]

Paid 5.09 for 92 and 5.89 for e85 today

 

[PhoenixM3]

Paid $5.35 for 91 today.

 

[jpro]

Traveled from our home near Vegas yesterday to Sequoia National Park.

Vegas: $5.19 for 87

Barstow, CA: $6.09

Random station between Barstow and Bakersfield: $.5.75 (topped off a quarter tank for this “deal”)

Exeter, CA: $6.89 (tourist trap!)


Sent from my iPhone using svtperformance.com

 

[CobraBob]

BJ's Premium was $5.05 yesterday along with Costco. This morning, BJ's is $5.15.

 

[tones_RS3]

Opec just said they are pumping more

Saudi Oil Boost, Yemen Truce Set Stage for Biden Visit to Kingdom

Saudi Arabia took steps to boost oil production and extend a truce with Iran-backed forces in Yemen, two moves that help pave the way for President Biden to visit the kingdom amid efforts toward a diplomatic reset.

www.wsj.com

Yeah,....don't trust them.
One day it's more, one day it's less. It's a game they are playing and they hold all the cards because,....oil.
It's ****ing sickening.

 

[cobracide]

The bottleneck is the refineries right now. They can pump to the sky but it won't help today's prices.

 

[Gravik]

$4.87 for 87 here in Idaho. Paid $5.56 in a small town a couple days ago.

Sent from my SM-S908U using Tapatalk

 

[365 Saleen]

The bottleneck is the refineries right now. They can pump to the sky but it won't help today's prices.

What were the refineries doing when gas was $1.78 per gallon?

 

[cobracide]

What were the refineries doing when gas was $1.78 per gallon?

"U.S. refining capacity is down by 1 million barrels of crude oil a day since the summer of 2020, tumbling to 17.94 million daily barrels on May 6, according to data from the Energy Information Administration (EIA). Fire, storms, and declining demand early in the pandemic forced six refineries to go offline in 2020,"

Loss of Refineries a Factor in High Gas Prices

While higher oil prices are helping keep the cost of gas at record levels, they’re not the only culprit—a reduction in refining capacity is contributing, too.

www.thebalance.com

 

[jpro]

"U.S. refining capacity is down by 1 million barrels of crude oil a day since the summer of 2020, tumbling to 17.94 million daily barrels on May 6, according to data from the Energy Information Administration (EIA). Fire, storms, and declining demand early in the pandemic forced six refineries to go offline in 2020,"

Loss of Refineries a Factor in High Gas Prices

While higher oil prices are helping keep the cost of gas at record levels, they’re not the only culprit—a reduction in refining capacity is contributing, too.

www.thebalance.com

If you were an exec in big oil, would you spend billions to update and restart refineries when the Biden Admin has enacted policy that will prevent you from getting a long term return on your investment? Nope! So here we are…


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[cobracide]

If you were an exec in big oil, would you spend billions to update and restart refineries when the Biden Admin has enacted policy that will prevent you from getting a long term return on your investment? Nope! So here we are…


Sent from my iPhone using the svtperformance.com mobile app

Good observation. I agree - pro green administration definitely sows hesitancy on the part of refiners to build more capacity.

 

[BOOGIE MAN]

Lotta coincidences going around

 

[C2tuck]

If you were an exec in big oil, would you spend billions to update and restart refineries when the Biden Admin has enacted policy that will prevent you from getting a long term return on your investment? Nope! So here we are…


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Plus, they can’t get lending for it now, and don’t want to spend their own money on a shut down.

 

[Weather Man]

What were the refineries doing when gas was $1.78 per gallon?

Trying to switch them over to biodiesel.