Why has fuel gone up .30 in the last week and a half?
#23
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And of the 148 operable domestic refineries, 11 are currently out of operation. The notes indicate that 7 of those are undergoing continuing repairs as a direct result of hurricanes Katrina and Rita and the fact that George Bush hates black people.
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Same here, $3.84 is what I paid earlier, same as what I was paying about a month ago. If anything it's gone down a few cents, it was up closer to $3.89 a few weeks ago. God I would kill for cheap gas again. Even when I was in high school driving 10 years or so ago, it was under $2.00, seems like maybe $1.79ish. Wow...
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I pick up and deliver gas and diesel from the Colonial Pipeline here in the Chattanooga area. I load at 5 different terminals on this pipeline under normal business conditions. Its very complicated.... the hows and the whys behind who owns a certain gallon of fuel in one of those giant 2.5 or 5 million gallon tanks.... or even when they choose to allocate that particular gallon for distribution. Murphy USA, maybe of the Murphy that is located at the WalMarts is slowly becoming a giant in fuel brokering.... Sometimes our suppliers won't allow us to pick up and we use a different supplier, while we are still hooked to the same loading arm/pipe, weird. We work slow as the prices fall... but when prices start to go back up, all of our stores call and order and want it within the hour.
#32
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Unless there's a legitimate environmentally-based oil shortage, this will never happen. OPEC isn't stupid enough to drive the price high enough to cause a demand drop-off, because once that happens, people won't return to oil, the price (and volume) will fall to virtually nothing, and they'll be left holding the bag.
#34
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What if we [the US] didn't refine our own gas and bought from a supplier who's gov't taxes the hell out of it?
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