Gas price hike again

TooBig

Just went up again 18 cents today and makes about 40 cents a gallon for UNLEADED in 2 weeks[V][xx(][:(][:(!]

randomnut

That's a start!

I don't want 4$ gas again, but I can't afford to fill up much longer at $28.

Wulfmann

Because of the switch from winter to summer gas I am guessing

discusdad

it dropped 4 cents here.. $1.649

yoshmyster

Last Thursday in Marina, CA Chevron I think I paid $2.50 a gallon. I think 7/11 was $2.20? Since then I think they went to "Summer Blend" so I reckon it's up close to $3.00 again.

o b juan

1.39 @ Costco today in Pharr Tx

shilowar

I heard on the radio the Saudi Arabia's goal is to drive oil down to $20 barrel. They are doing their best to bleed Russian and Iran to death. It is working in Russia, their economy is in tatters from what I understand. My guess is there will be a war before long to force the price of oil up.

godalejr

dropped 10 cents a gallon here to 1.69

wpage

Been stable here at NJ shore around 1.49 gal unleaded reg...[8]

Kodiakk

Hoping it goes up. Upwards 60% of my coworkers for the company I work for have gotten laid off. They quit contributing to our 401k, and no we have 10% pay cuts on top of it all. I'm making less on my pay check then I did 11 years ago the day I got hired. I'm making less then half what I used to make before this slowdown.

armilite

Up to $1.69 here in S.E.,WI and we don't have the summer blend yet which will jack it up more.

bambihunter

It annoys me to no end all these falsely inflated prices. Here in Oklahoma, gas goes up, every company goes 150% and buys, drills, fracks, etc. Then, price goes down, lay everyone off and whine on TV about the low prices of gas.
I don't pretend to know petroleum finance, but it seems to me that if they would take a sensible expansion approach, this yo-yo hire/layoffs wouldn't be as much of an issue. Of course there is global implications well beyond their control but I get so sick of oil people here "ballin'" when things are going well, and crying when they are not. [V]

Kodiakk

quote:Originally posted by bambihunter
It annoys me to no end all these falsely inflated prices. Here in Oklahoma, gas goes up, every company goes 150% and buys, drills, fracks, etc. Then, price goes down, lay everyone off and whine on TV about the low prices of gas.
I don't pretend to know petroleum finance, but it seems to me that if they would take a sensible expansion approach, this yo-yo hire/layoffs wouldn't be as much of an issue. Of course there is global implications well beyond their control but I get so sick of oil people here "ballin'" when things are going well, and crying when they are not. [V]



It's the life of the oilfield. More work then you can handle when it's booming, then lay offs when it's slow. Most of the people "ballin" as you say are new field hands. They haven't been through a slump so they don't know to live moderately, save money, and buy nothing on credit. What really hurts is most of the folks laid off are regular Joe's making a regular living in a shop or office, not the bigger money of field hands.

I've worked in the field though and they earn every bit of their money. Working 24 hours straight was very common and 3 days with no sleep more times then I can count. Then being away from your family for most of the time most people can't do. Rig hands are hands down the hardest workers I've ever seen and I've worked a few industries.

Most oilfield workers would be very happy for the market to hit a level pace.