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10-05-2012, 09:10 AM | #23 |
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Per AP today:
Californians woke up to sticker shock Friday as overnight gasoline prices jumped by up to 20 cents a gallon in some areas, prompting some stations to close and others to charge more than $5 a gallon. In Southern California, the price jumped 20 cents a gallon to $4.53 in Ventura and 19 cents to nearly $4.54 in the Los Angeles-Long Beach area. In many areas, prices have jumped 40 cents in a week.
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10-05-2012, 09:58 AM | #25 | |
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10-05-2012, 10:02 AM | #26 |
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10-05-2012, 10:34 AM | #30 |
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10-05-2012, 10:36 AM | #31 |
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10-05-2012, 10:42 AM | #32 |
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It makes people think harder about driving vs. public transit. Good thing...
AAA says gas is down nationally by 5 cents, if you exclude CA. exactly my thoughts.
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10-05-2012, 10:49 AM | #33 |
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Per LA Times today:
Skyrocketing gasoline prices caused some local service stations to shut off their pumps Thursday while others shocked customers with overnight price increases of 30 cents or more. California's fuel industry isn't running out of gasoline — supplies are only 2.5% lower than this time last year — but recent refinery and pipeline mishaps sent wholesale prices to all-time highs this week. As a result, some station owners weren't buying fuel for fear they couldn't sell it. Those who did buy simply kicked prices higher and bet customers would understand.
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10-05-2012, 11:04 AM | #35 |
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I'm not sure if you've been paying attention then-or you have a great station that is forgetting to increase prices? I paid $4.21 two weeks ago for 91 at Shell here in the SF Bay. I filled my S2000 three days ago for $4.37. Last night I filled the M3 and it was $4.57.
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10-05-2012, 11:29 AM | #36 | |
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10-05-2012, 11:56 AM | #37 |
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If that was the case I wouldn't mind gas staying above $5.00. Maybe get some of the large SUV's off the road as well.
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10-05-2012, 12:07 PM | #38 |
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i agree...in fact im experiencing the opposite. more traffic than ever...probably because summer is over and school season is in...but shit people gotta still get to work so i doubt traffic would be less.
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10-05-2012, 12:35 PM | #39 |
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Yes gas prices in Europe are outrageous, that is why on my August/September Euro trip I took the Eurostar and Deutsche Bahn (DB) RailPass as my transportation ... whenever I noted a peek of the Autobahn from the train, I found it to contain less traffic ... in London I noted more bicycles and motorbikes then in the past.
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10-05-2012, 12:46 PM | #40 | ||
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I've never paid more than $70 on any of my BMW's, and that was during the absolute worst of the recession in 08. I feel for you guys. Quote:
Having said that, I totally agree with you. That's what made my decision to get an M3 much easier. Who knows where I'm going to end up in a few years (could be Europe). At under $5 a gallon, I'll gladly take the hit. I read that the average price per gallon in Italy is now $12 per gallon (huge taxes to offset tanking economy).
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10-05-2012, 01:00 PM | #41 |
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I wonder how bad the supply crunch will get for the California blend gas. If it's too bad for too long, maybe we'll finally get 93 octane gas in California (instead of paying an extra $1.00 a gallon for lower octane gas)?
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10-05-2012, 01:17 PM | #42 | |
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I also agree that those who are in the marginal financial condition get hurt the most by this. Oil speculators once again driving the cost up. I guess that's the risk we take for a capitalistic (or as close as you can get) economy. I'd take it over communism anytime. |
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10-05-2012, 01:18 PM | #43 |
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Don't count on it. CA's laws regarding oxidants always seem to supercede most shortages. That is why we keep getting blasted by these short term regional shortages. There is no where else to get this blasted "californicated gas".
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10-05-2012, 01:59 PM | #44 | |
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Definitely not counting on it, though, and it wouldn't happen quickly. |
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