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Old 11-19-2012, 12:02 PM   #151 (permalink)
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Quote:
Originally Posted by bradwp View Post
In the end, we (Americans) should consider ourselves fortunate that we don't live in Europe and aren't paying the equivalent of nearly $10/gal.
Agreed.

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Originally Posted by SkyVue2 View Post
May have had something to do with a little thing that happened on 9/11/01? Like when binLaden and the extremist wing of Islam declared all out war against the United States and the entire modern Western World?
Hard to agree when the graph shows the price of gas dipped slightly between 2001 and 2003 and then really started to go up in 2003 with the other obvious dip between 2006 and 2009 which was probably due to the economy tanking. Too bad the graph doesn't include through 2012 which we have all been focusing on in this thready.
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Old 11-19-2012, 01:28 PM   #152 (permalink)
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...Too bad the graph doesn't include through 2012 which we have all been focusing on in this thready.
Here's one through 06/2012 showing crude oil pricing adjusted for inflation. It should track (change) the same as gasoline.




Edit: Added from same source...

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Old 11-19-2012, 01:51 PM   #153 (permalink)
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I don't think it's costing more to produce; it probably costs the same (as it did before). But if the demand exceeds supply, then market forces will drive the cost up. The fact stations are running out means supply is not meeting demand.

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I think the word SKY has been mention on this thread only once and that was "I filled up my Sky with gas today"....
Bogie, your losing control around here!
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Old 11-19-2012, 02:29 PM   #154 (permalink)
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I think the word SKY has been mention on this thread only once and that was "I filled up my Sky with gas today"....
Bogie, your losing control around here!
This may be in the wrong category, but I don't think it's been hijacked. It has pretty much followed the original topic all through the thread.

Perhaps it belongs under General Off Topic, but it has been interesting. Gas is probably our biggest expenditure. 15 or so fill ups and you've spent the same cost as a Ho-Flow cat.
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Old 11-19-2012, 03:41 PM   #155 (permalink)
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Here's one through 06/2012 showing crude oil pricing adjusted for inflation. It should track (change) the same as gasoline.
Agreed, nothing at all to do with 9-11.
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Old 11-19-2012, 04:14 PM   #156 (permalink)
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This may be in the wrong category, but I don't think it's been hijacked. It has pretty much followed the original topic all through the thread.

Perhaps it belongs under General Off Topic, but it has been interesting. Gas is probably our biggest expenditure. 15 or so fill ups and you've spent the same cost as a Ho-Flow cat.

I've actually stopped driving my Camaro since it only gets 14 to 16 mpg.
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Old 11-19-2012, 04:21 PM   #157 (permalink)
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Gas prices have nothing to do with unrest in the Middle East?

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Agreed, nothing at all to do with 9-11.
That's a joke right?
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Old 11-19-2012, 04:28 PM   #158 (permalink)
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That's a joke right?
Must be. I'm waiting for the unrest on the Gaza strip to hit the pumps. A frickin camel spits and the price at the pump goes up.
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Old 11-19-2012, 04:37 PM   #159 (permalink)
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LOL, nah gas prices will continue to go up and up and up so take the steps necessary to reduce your use of it if you can seems to be the intelligent thing to do! Complaining about it won't feed the bulldog.
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Old 11-19-2012, 04:55 PM   #160 (permalink)
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Expect a turnaround from the downward trend very soon.

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I'm waiting for the unrest on the Gaza strip to hit the pumps. A frickin camel spits and the price at the pump goes up.
Don't wait. Heading out to get the cars filled later today, currently $3.19 for regular.
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Old 11-19-2012, 05:04 PM   #161 (permalink)
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SkyVue2 : Gas prices have nothing to do with unrest in the Middle East?

That's a joke right?
Unrest in the Middle East is not 9-11. They are related, of course, but 9-11 happened here, not there, and was not directed at a refinery or other oil or gasoline related installation. So it didn't impact prices.

Look at 27Rings' chart. Gas prices went down through 2001, and continued the trend into 2002. There was no upward spike after 9-11.
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Old 11-19-2012, 05:21 PM   #162 (permalink)
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I've actually stopped driving my Camaro since it only gets 14 to 16 mpg.
Prices have come down a bit lately and the trend seems to be continuing. Gas prices are still to high!. But again, they probably will probably remain high and never come down. So perhaps you should relent and drive it again before it rots like many boats do sitting in driveways unused. At least fill it up and add a generous amount of Stabil if you're not going to drive it. Otherwise it may cost you even more if and when you do decided to use it again.
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Old 11-19-2012, 05:27 PM   #163 (permalink)
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We are still living with the economic repercussions of that event.

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There was no upward spike after 9-11.
That may be related to the Stock Market being closed for a week and then dropping 685 on the day it reopened.








Heading out to fill up. The VUE gets regular and the SKY RL gets premium at $3.49.
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Old 11-19-2012, 06:33 PM   #164 (permalink)
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From Kiplinger's Personal Finance...

Quote:
Then: $1.53 per gallon gasoline/$27.66 per barrel oil (Sept. 10, 2001).

Oil is a commodity with a volatile history. Prices are often driven by global demand, the stability of producing nations and the whims of speculators.

In the days after 9/11, the price of West Texas Intermediate crude rose 7% to $29.59 a barrel. However, oil quickly retreated as fears of economic slowdown trumped worries about scarce supply from the Middle East. Oil prices were little changed on the first anniversary of the terrorist attacks.
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Old 11-20-2012, 03:06 PM   #165 (permalink)
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$3.79 per gallon for Premium at Valero this morning.
Even the better quality Union 76 is now $3.89.
This despite the conflict in Gaza
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Last edited by Starkie; 11-21-2012 at 10:42 AM. Reason: Withdrawn comment.
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