Go Back  British Expats > Living & Moving Abroad > USA
Reload this Page >

Price of gas update...

Price of gas update...

Thread Tools
 
Old Jan 7th 2012, 8:33 pm
  #1546  
Sursum corda
 
cindyabs's Avatar
 
Joined: Sep 2002
Location: Richmond Hill, GA USA
Posts: 38,860
cindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond repute
Default Re: Price of gas update...

We started the week at 3.04 and it's been steadily going up- 3.35 now?!!!
cindyabs is offline  
Old Jan 7th 2012, 11:25 pm
  #1547  
Lost in BE Cyberspace
 
Michael's Avatar
 
Joined: Jun 2008
Location: San Francisco Bay Area
Posts: 10,678
Michael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond repute
Default Re: Price of gas update...

As you can see from the following 1 year charts, the average price of gasoline futures (red line) was on a downward trend for over six months as crude oil prices shot upwards starting in October but only since the middle of December, gasoline futures (blue line) has been on an upward trend.

Gasoline futures.

http://quotes.ino.com/chart/index.ht...t=&a=&w=&v=d12

Crude oil futures.

http://quotes.ino.com/chart/index.ht...t=&a=&w=&v=d12

Therefore there was a disconnect for about 1 1/2 months between the price of crude oil and gasoline and now gasoline prices are rising quickly to make up for that discrepancy.
Michael is offline  
Old Jan 8th 2012, 4:09 pm
  #1548  
Sursum corda
 
cindyabs's Avatar
 
Joined: Sep 2002
Location: Richmond Hill, GA USA
Posts: 38,860
cindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond reputecindyabs has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by Michael
As you can see from the following 1 year charts, the average price of gasoline futures (red line) was on a downward trend for over six months as crude oil prices shot upwards starting in October but only since the middle of December, gasoline futures (blue line) has been on an upward trend.

Gasoline futures.

http://quotes.ino.com/chart/index.ht...t=&a=&w=&v=d12

Crude oil futures.

http://quotes.ino.com/chart/index.ht...t=&a=&w=&v=d12

Therefore there was a disconnect for about 1 1/2 months between the price of crude oil and gasoline and now gasoline prices are rising quickly to make up for that discrepancy.
Well they can just knock it off!
cindyabs is offline  
Old Jan 8th 2012, 6:08 pm
  #1549  
Bob
BE Site Lead
 
Bob's Avatar
 
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Bob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond repute
Default Re: Price of gas update...

Well the local place did just go down a penny...so hopefully the upward trend is on a break...but I doubt it
Bob is offline  
Old Jan 12th 2012, 5:35 am
  #1550  
Lost in BE Cyberspace
 
Michael's Avatar
 
Joined: Jun 2008
Location: San Francisco Bay Area
Posts: 10,678
Michael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond repute
Default Re: Price of gas update...

With natural gas prices at record lows at $2.77 per 1,000 cubic feet, you would think that it would now make sense for people to convert from fuel oil heating of their homes to natural gas especially New England.

However, delivery is where the big cost is for natural gas and if the wellhead is not near or the delivery system is not adequate, the price is still high. Even in California, the residential price is still about $10 per 1,000 cubic feet but about double that amount in New England.

http://www.eia.gov/dnav/ng/ng_pri_su...prs_dmcf_m.htm

Hopefully with all that fracking in Pennsylvania going on, delivery systems will get up to par for the New England states to get off fuel oil for home heating.
Michael is offline  
Old Jan 12th 2012, 1:07 pm
  #1551  
Wolf In Sheeps Clothing
 
Sheepdip's Avatar
 
Joined: Sep 2008
Location: San Antonio, TX
Posts: 947
Sheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond reputeSheepdip has a reputation beyond repute
Default Re: Price of gas update...

Back up to $3.19 here again
Sheepdip is offline  
Old Jan 12th 2012, 1:45 pm
  #1552  
Queen of my house
 
tamms_1965's Avatar
 
Joined: Aug 2007
Location: Ohio
Posts: 5,043
tamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond reputetamms_1965 has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by Michael
With natural gas prices at record lows at $2.77 per 1,000 cubic feet, you would think that it would now make sense for people to convert from fuel oil heating of their homes to natural gas especially New England.

However, delivery is where the big cost is for natural gas and if the wellhead is not near or the delivery system is not adequate, the price is still high. Even in California, the residential price is still about $10 per 1,000 cubic feet but about double that amount in New England.

http://www.eia.gov/dnav/ng/ng_pri_su...prs_dmcf_m.htm

Hopefully with all that fracking in Pennsylvania going on, delivery systems will get up to par for the New England states to get off fuel oil for home heating.
And you must have a gas line on your street to hook into....if you live in the country, forget it.

Last edited by tamms_1965; Jan 12th 2012 at 1:54 pm.
tamms_1965 is offline  
Old Jan 12th 2012, 3:13 pm
  #1553  
BE Forum Addict
 
frrussre's Avatar
 
Joined: Dec 2002
Location: Ft Lauderdale, FL
Posts: 4,792
frrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond reputefrrussre has a reputation beyond repute
Default Re: Price of gas update...

Ft Lauderdale, FL Reg @ $3.40 - $3.60, so gone up again, I paid $3.26 couple of weeks ago.

Miami, saw Reg@ $3.80.

Here we go again.

Frank R.
frrussre is offline  
Old Jan 12th 2012, 4:19 pm
  #1554  
BE Enthusiast
 
Joined: Oct 2010
Location: Boston
Posts: 707
DavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond repute
Default Re: Price of gas update...

It is a steady $3.35 around my area just outside of Boston. Funny thing is though that most gas stations here advertise a cash price which is what qualifies for the $3.35. Paying by CC you can expect to add upwards of 10c a gallon

However we get a good deal with Stop and Shop. We use the mobile scan it service in the store and build gas points. For evvery 100 points we get 10c of a gallon. the fact that we only have to fill up once a month, and accrue approx 400 points for each fill up, we often pay less than $3 a gallon. a month ago i paid $2.85

They also do not have a cash price, so they are $3.35 regardless of payment method.

Love it
DavidLemon is offline  
Old Jan 12th 2012, 7:44 pm
  #1555  
Bob
BE Site Lead
 
Bob's Avatar
 
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Bob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond repute
Default Re: Price of gas update...

It's been flip flopping a penny or two every day around here it seems.

BJ's though is at $3.33G at the moment. The nearest cheapest besides them is at $3.35 whilst most places are around $3.45
Bob is offline  
Old Jan 12th 2012, 8:12 pm
  #1556  
BE Enthusiast
 
Joined: Oct 2010
Location: Boston
Posts: 707
DavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond reputeDavidLemon has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by Bob
It's been flip flopping a penny or two every day around here it seems.

BJ's though is at $3.33G at the moment. The nearest cheapest besides them is at $3.35 whilst most places are around $3.45
Where abouts in MA are you Bob? Just wondering if your quotes are also cash price.

Wonder why some states do that? So annoying when you pull in thinking you will be getting a good price only to see it jump up by a dime a gallon just because the payment option is not cash.
DavidLemon is offline  
Old Jan 12th 2012, 8:50 pm
  #1557  
-------------------------
 
paranoidandroid's Avatar
 
Joined: Nov 2008
Posts: 8,382
paranoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond reputeparanoidandroid has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by DavidLemon
Where abouts in MA are you Bob? Just wondering if your quotes are also cash price.

Wonder why some states do that? So annoying when you pull in thinking you will be getting a good price only to see it jump up by a dime a gallon just because the payment option is not cash.
Clever how they put "cash price" in tiny little letters that you can't read from the road, and the non cash price isn't actually shown anywhere.
paranoidandroid is offline  
Old Jan 13th 2012, 12:11 am
  #1558  
Bob
BE Site Lead
 
Bob's Avatar
 
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Bob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by DavidLemon
Where abouts in MA are you Bob? Just wondering if your quotes are also cash price.

Wonder why some states do that? So annoying when you pull in thinking you will be getting a good price only to see it jump up by a dime a gallon just because the payment option is not cash.
These are regular none cash prices...those cash places aren't actually any cheaper in town...and I'm just a pip out of the metrowest region on the inside of I-495.

Next town over is a good 15c more expensive and that's only a couple of miles away, which is crazy.
Bob is offline  
Old Jan 13th 2012, 12:45 am
  #1559  
Lost in BE Cyberspace
 
Michael's Avatar
 
Joined: Jun 2008
Location: San Francisco Bay Area
Posts: 10,678
Michael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond reputeMichael has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by Bob
These are regular none cash prices...those cash places aren't actually any cheaper in town...and I'm just a pip out of the metrowest region on the inside of I-495.

Next town over is a good 15c more expensive and that's only a couple of miles away, which is crazy.
Your town must have gas stations across the street from each other or easily accessible on main streets where as the other town may have few gas stations or are scattered about in relatively hidden places.
Michael is offline  
Old Jan 13th 2012, 2:35 am
  #1560  
Bob
BE Site Lead
 
Bob's Avatar
 
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Bob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond reputeBob has a reputation beyond repute
Default Re: Price of gas update...

Originally Posted by Michael
Your town must have gas stations across the street from each other or easily accessible on main streets where as the other town may have few gas stations or are scattered about in relatively hidden places.
Next town over is quite a massive town v where I live and most of the petrol stations in both towns are in major roads and often pretty much on opposite sides of the street.

Where I am, there is a Gulf station literally opposite side of the road to BJ's that till today where it went down in price, had on average been 20c more expensive, but that technically is just over the town line and is in another town.

So it is very weird as I'd have expected it if it were as you describe.
Bob is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.