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106 comments on TWIP - This Week In Petroleum (1-3-08)

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SolarDude on January 3, 2008 - 3:14pm Permalink | Subthread | Comments top

Regular unleaded is still $3.15 here in my town in Vermont, which is higher than most places in the country I believe. People are used to this now and it doesn't have any affect on driving habits. The tourists are here in droves, ski areas are booming with all the snow we've had, my retail business is booming. We're not seeing any negative effects from the sub-prime crisis or higher fuel prices that I can tell.

As long as they can keep the price of gasoline down below $4 it will be business as usual. I think there has to be some manipulation as well. The service station owners need to make a profit too, you forgot to mention that.

At some point something has to give and we'll see a big jump in the price of gas. Then things may get interesting.

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Nate Hagens on January 3, 2008 - 3:23pm Permalink | Subthread | Parent | Comments top

Its $2.95 in central Wisconsin, but of course that has 10% ethanol which has lower joules, etc. So 'pure gasoline' would be slightly over $3. By all rights we should be at $4 tho - at least - with $99 oil

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speek on January 3, 2008 - 3:30pm Permalink | Subthread | Parent | Comments top

Rochester NY - I bought a tank 3 days ago: $3.33/gal for 87 octane.

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ChrisN on January 3, 2008 - 5:40pm Permalink | Subthread | Parent | Comments top

I pulled up to the pump (somewhere along I-5 as I recall) as I was driving home from Christmas and saw this:

Yow. Sure glad that wasn't my fillup!

One of the few things about living in California that are not so fun...

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HARM on January 3, 2008 - 6:55pm Permalink | Subthread | Parent | Comments top

"few things"??

I take you either have never in California, or have not been back for a couple decades? About the only thing "nice" about CA anymore is the good weather, surf and great National Parks --and that's wearing mighty thin these days.

Typical life as a proletarian in So Cal:

--Get up 2 hours early to make your "heroic" commute in perma-gridlock from Riverside/San Bernardino/Palmcaster or other "affordable" desert hellhole to your not-very-heroic downtown job for a less-than-heroic wage.

--Get to pay among the highest state & local taxes in the country to pay for all the "free" taxpayer hand-outs (Section-8 housing, free Medi-Cal, AFDC, food stamps & free bus passes) to the illegals replacing you, robbing you, and undercutting your wages. And lets not forget the prison guard unions and friends & business associates of our corrupt state legislators and city officials. Meanwhile, roads, infrastructure, schools, and overall quality of life continue to deteriorate.

--Get to see the price of housing triple in 5 years, due to $0-down, negatively amortizing, stated-income, fog-a-mirror NINJA loan products, and the Fed & Con-gress that pimped them. Wages, of course, have not tripled.

--Get to wait in long lines and spend forever looking for parking at amusement parks, beaches or other popular venues on weekends and holidays. Enjoy the teeming mass of "diversity" with your fellow 38 million caged rats.

Be grateful that you either live elsewhere or are very rich (areas of "Richistan" overlap the real CA, but are not actually part of it).

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ChrisN on January 3, 2008 - 7:17pm Permalink | Subthread | Parent | Comments top

All true...which is why I live in northern California, where life is still sweet, thank you very much.

Maybe it's finally time to secede...

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jjhman on January 3, 2008 - 8:34pm Permalink | Subthread | Parent | Comments top

Oh no you don't. I live in Northern California. Its even worse than Southern California. In fact its so bad I recommend that all of you stay away from here. Tell your friends to stay away too.

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ChrisN on January 3, 2008 - 8:36pm Permalink | Subthread | Parent | Comments top

Oops! Sorry! (Shet my mouf!)

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Durandal on January 3, 2008 - 7:24pm Permalink | Subthread | Parent | Comments top

I don't even want to set foot in Cali as a tourist. As a rule, I don't go to states that I can't pack heat while traveling.

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markincalgary on January 4, 2008 - 10:02am Permalink | Subthread | Parent | Comments top

Really!?! Wow. I'm guessing that you would want a firearm for protection. I can't even imagine this kind of thinking but don't feel that its necessarily wrong.

Bringing a firearm with me on vacation is something I've never contemplated, but I could see bringing a rifle on a hunting trip or when visiting a friend with a vermin problem or target shooting hobby. Although I can't really understand why one would carry a gun for protection, I can understand why one would take issue with it not being legal to do so.

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sleepingbear on January 3, 2008 - 10:05pm Permalink | Subthread | Parent | Comments top

hope this is'nt to cynical for the times....
But that may have been a dude trying to monetize the last of his credit card by selling off gas.
I can't recall many 65gallon tanks on gas burning p/ups

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ChrisN on January 3, 2008 - 10:45pm Permalink | Subthread | Parent | Comments top

More likely an RV...80 gals or more is not unusual.

I think about those yahoos who go out there with friends & family to wreak as much damage as possible on the desert with their ATVs. You should see them lined up at the pumps down near the Salton Sea some time. Mile after mile of convoys of vehicles...the biggest pump lot I've ever seen, with room for at least twelve huge RVs to fuel up at once and drive in and out of there. Then each RV is followed by a truck. And behind the truck, a trailer, with three ATVs, and maybe four to six 5-gallon gas cans strapped onto the side. A 65 gallon tank is certainly possible with an RV. Add the truck and the ATVs, they're probably dropping $500 at the pump, easy.

Chh. Makes me ill. Talk about a useless waste of...everything.

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raober on January 3, 2008 - 4:55pm Permalink | Subthread | Parent | Comments top

Been lurking for a while, just joined up to share an observation...

As long as I can remember, the difference in price between different octanes of gas has always been a dime. That is, until recently...the spread between 87 octane and the others has been increasing. Don't recall the exact numbers, but I was in SW PA recently...and one station had an ~25 cent difference between 87 and 89 octane. I've only been noticing this recently.

Perhaps this is one trick to keep the price of 87 octane lower...the one most people use and therefore the one reported by the press.

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offGridInVT on January 3, 2008 - 6:30pm Permalink | Subthread | Parent | Comments top

OT
Is it just me or is VT way over-represented here?I have read we use more solar - per capita - then any other state. I'm pretty sure we were under represented in subprime mgs.
Personally, I bought my hybrid 2 1/2 yes ago (tag - 51 MPG).

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Leanan on January 3, 2008 - 6:43pm Permalink | Subthread | Parent | Comments top

No, it's not just you. Vermont is very peak oil aware. IME, Vermont generates more peak oil articles per capita than any other state.

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artaxt on January 4, 2008 - 12:02pm Permalink | Subthread | Parent | Comments top

And yet, like every other place, there's plenty of people in Vermont that just don't want to hear anything about Peak Oil. It all depends on who you talk to.

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106 comments on TWIP - This Week In Petroleum (1-3-08)

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