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Old 04-20-2014, 05:26 PM   #1
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Gas Price Schedule

I always hear. "They're raising gas prices for the holiday weekend." You hear it about summer, spring break, etcetera.
Does anyone know how true that truism is, and when to assume they go back down after?
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Old 04-20-2014, 05:35 PM   #2
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GO DOWN??? That doesn't happen.
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Old 04-20-2014, 05:46 PM   #3
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Quote:
Originally Posted by t55watson View Post
GO DOWN??? That doesn't happen.

What goes up must.......
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Old 04-20-2014, 05:49 PM   #4
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At least in my area prices always jump up before major holidays or big travel weekends. Usually I will fill up my motorhome during the week when prices are down.
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Old 04-20-2014, 05:50 PM   #5
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What goes up must.......
I guess you are right.
Goes up a dime comes down 3 cents. That how we got to these prices.
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Old 04-20-2014, 05:57 PM   #6
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Yes, we usually see increased prices during holiday travel periods. I guess it's just supply and demand.
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Old 04-20-2014, 06:26 PM   #7
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Regular grade is now $3.73 at the Kroger near me. They are usually about the lowest in the area. That is up $.10 from 3 days ago. I went to Houston the end of March and early April. When I left gas was about $3.35 and when I got back 2 weeks later it was $3.53. So it has jumped $.40 in 1 month. I know that refineries usually shut down for annual maintenance about this time of year and this is when the special summer blends take effect but supposedly Atlanta's emissions is good enough it won't require the special gas this year. I think a lot of people want to blame it on the petroleum companies but think about this, the government makes more on each gallon of gas than the all the other people that have their hands on it.

It's the old supply and demand. Summer travel is here and demand is greater and supply is less because of refinery shutdowns. There hasn't been a new refinery built in over 30 years and certainly technology has vastly improved to provide more and better production but EPA regulations and throwing a wet towel on that. Just like coal powered electricity getting hammered which will cause that source to increase in cost. I worked in a nuclear power plant for start up and that is a cheap source of power except regulations have put a damper on that also.

I'll leave the politics out of that since the administrators don't like it.
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Old 04-20-2014, 07:04 PM   #8
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Here is a chart showing gas prices over the past 10 years. Interesting to see the ups and downs.

Historical Gas Price Charts - GasBuddy.com
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Old 04-20-2014, 07:15 PM   #9
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SC/GA border gas in SC went from #3.29 to $3.45 in one week...it'll go down after awhile. What difference does it make now?
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Old 04-20-2014, 09:08 PM   #10
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The Great Amerikan Rip Off !
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Old 04-20-2014, 09:20 PM   #11
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The price at the Sam's near me is $3.37 for regular, $3.71 for premium and $3.57 for diesel.
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Old 04-20-2014, 09:49 PM   #12
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I'm still trying to understand why diesel is more expensive then gasoline. For years diesel was considerably less then gas. What happened?
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Old 04-20-2014, 10:03 PM   #13
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I'm still trying to understand why diesel is more expensive then gasoline. For years diesel was considerably less then gas. What happened?
Government regulations, period. 15 ppm sulfur........use to no specs., then down to 500ppm, now 15. The catalyst in the reactors for making fuel is platinum, ran for 20+ years making regular diesel fuel, now with the ULSD, it has to be changed out once a year to the tune of $1,000,000 per change. The refinery where I work is just coming close to a start up after being down for a turnaround for 2 months, 1,000 contractors, 250+ plant people, 65+ million dollars, oh and when we are up and running.........monthly electric bill = $1,000,000+ per month! And we are a small refinery, 70,000 bbl/day, plus 17,000 bbl/day cat feed. Gas Prices use to follow crude prices, now it follows government demands and supply and demand.........We sell everything we make fast and cannot keep a level in our storage tanks........America is thirsty!
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Old 04-21-2014, 11:55 AM   #14
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