Gas is $1.96 in South Carolina. How about where you are?

[frankdracman23]

Just passed stations on the way home that were $2.99. Price-fixing anyone?

[Jumper_Dad]

Gas has gone up 10-15 cents here in the last week.

[woodsrider]

It jumped to $2.59 this morning then on the way home one station had $2.99. I just assumed it was a mistake.

[All Tell]

Saw an article on the WAVE-3 web site that according to Thornton's gas in Louusville was going to jump due to damage at a refinery in Chicago. Sure enough on the way home they were selling regular for $2.99. Up 50 cents.

[Watusi]

I paid 1.98 in Gate City Va this weekend

[John Anthony]

Pay the price or go by a 30-50k hybrid you bunch of whiners. (What I've learned from the BGP crowd.)

[newarkcatholicfan]

2.89 In Licking County(Ohio)

 

 

Seen an article today said it could/will go up as much as another dollar because of a problem in Indiana.

 

Two weeks ago my brother got it for 2.08 in Westerville,Ohio and I found it for 2.14 in Newark.

[John Anthony]

Hit Sams on the way home put $40 in at $2.49 I'm good for 2-3 weeks.

 

I do expect prices to drop significantly in about 30 days but you never know with all the greed, it could also be $3.50 in 30 days.

[tcjkbt]

Now $2.99 at the Kroger by Bashford Manor Mall in Buechel (Louisville).

[sweet16]

Paid 2.28 today in Mayfield.

[coldweatherfan]

Filled up yesterday for $2.19.

 

Today it's $2.39.

[Horace]

South Carolina has no state tax on gas.

[Jim Schue]

Oil is $43 a barrel as of a couple days ago, and gas prices in Bardstown — which are usually slow to rise and slow to fall because of the fact that there are no Speedway stations in the county — jumped 12 cents today to 2.39. With the stock market and commodities prices are plummeting in the wake of the yuan being devalued.

 

Could someone who doesn't own oil stock and has expertise in the markets please explain this anomaly? Nothing makes sense about this other than a major, across-the-board gouging by the sellers. I read an article three days ago that said to expect $1.75 a gallon gas by Christmas.

 

Again, you jerks who have a vested interest in gas prices going crazy, please sit this one out. This is a major hook-job to keep prices inflated in advance of Labor Day weekend, so please don't start quoting me crap about "well, the market says this." No, it doesn't. You people with oil stock are just looking out for yourself, and that's not helping matters.

Edited August 13, 2015 by Jim Schue

[John Anthony]

Oil is $43 a barrel as of a couple days ago' date=' and gas prices in Bardstown — which are usually slow to rise and slow to fall because of the fact that there are no Speedway stations in the county — jumped 12 cents today to 2.39. With the stock market and commodities prices are plummeting in the wake of the yuan being devalued. Could someone who doesn't own oil stock and has expertise in the markets please explain this anomaly? Nothing makes sense about this other than a major, across-the-board gouging by the sellers. I read an article three days ago that said to expect $1.75 a gallon gas by Christmas. Again, you jerks who have a vested interest in gas prices going crazy, please sit this one out. This is a major hook-job to keep prices inflated in advance of Labor Day weekend, so please don't start quoting me crap about "well, the market says this." No, it doesn't. You people with oil stock are just looking out for yourself, and that's not helping matters.[/quote']

 

First we had peak oil... Debunked.

 

Second we had violence in Nigeria, what's new?

 

Now we have and have had "refinery issues" which jacks up the price. It's nothing more than a late summer gouge until the winter blend kicks in and we stay around $2.30 till the spring.

 

To steal a line from Vandy.. "They don't need your permission to raise it whenever they want."

[Clyde]

Oil is $43 a barrel as of a couple days ago, and gas prices in Bardstown — which are usually slow to rise and slow to fall because of the fact that there are no Speedway stations in the county — jumped 12 cents today to 2.39. With the stock market and commodities prices are plummeting in the wake of the yuan being devalued.

 

Could someone who doesn't own oil stock and has expertise in the markets please explain this anomaly? Nothing makes sense about this other than a major, across-the-board gouging by the sellers. I read an article three days ago that said to expect $1.75 a gallon gas by Christmas.

 

Again, you jerks who have a vested interest in gas prices going crazy, please sit this one out. This is a major hook-job to keep prices inflated in advance of Labor Day weekend, so please don't start quoting me crap about "well, the market says this." No, it doesn't. You people with oil stock are just looking out for yourself, and that's not helping matters.

 

Comparing prices in different states is a challenge.

 

There are basically 4 components of a "per gallon" price.

 

1. Crude oil

2. Costs of the company doing the refining PLUS the profit they make

3. Costs of the distributor and marketing costs PLUS profits for them

4. State and federal taxes

 

I'd add a "fifth" of general market conditions i.e. what can a gas station get.

 

The 7th largest refinery in the country is in Indiana. They have lost over half of their capacity. It's the largest refinery in the midwest. Gas prices have reacted to that. Expect a 30 cent to $1 increase.

 

For the record, I own no stock in oil companies.