Gasoline: Summer blend, winter blend... OBAMA blend.

[no4njnk]

Obama doesnt control the global price of oil. The saudi's and OPEC do. Not that i want to defend the clown but not much he can do about it. Hopefully things start to ease a bit in the next few weeks.

Except for the EPA adding more regulations, especially on the oil companies and refineries. And the fact that we may have more oil over here and cannot touch it because of the liberals. Obama and his band of bandits are accounting for most of the rise.

I am seeing more CNG stations around but still not enough for me to change. One of my customers says it cost $10k for the conversion for their company, not sure how much it would cost one of us.

[ceyko]

Just in case I am not the only one who did not know about "CNG"

http://en.wikipedia.org/wiki/Compressed_natural_gas

[Captain Crawfish]

So why did it go down just prior to the election, and back up immediately after? Just a coincidence? Happened last election too, as I recall.

the fiscal cliff brought everything down. once the deal was made the markets rallied and so did oil prices. refineries shut down for maint etc also had an influence. better employment data earnings etc. hopefully it pulls back a bit it seems folks dont spend as much when prices are high.

[line-em-up]

the fiscal cliff brought everything down. once the deal was made the markets rallied and so did oil prices. refineries shut down for maint etc also had an influence. better employment data earnings etc. hopefully it pulls back a bit it seems folks dont spend as much when prices are high.

And what caused the prices to dip right before Bush left office?

[barronj]

A 48 month perspective:


A 9 year perspective:


My guess is that it will hit $3.85 early April, peaking, then fall until July, when it will make the climb to a similar number again.

When you play with the charts, you can see a few trends like what I've suggested.

[A+]

I have a plan to make the gas prices go down. How about we all don't put gas in our cars next week , then the gas companies will......ahh hell, idk. I'm going to bed but yeah, it sucks.

[8mpg]

Except for the EPA adding more regulations, especially on the oil companies and refineries. And the fact that we may have more oil over here and cannot touch it because of the liberals. Obama and his band of bandits are accounting for most of the rise.

I am seeing more CNG stations around but still not enough for me to change. One of my customers says it cost $10k for the conversion for their company, not sure how much it would cost one of us.

My buddy does CNG conversions up in Oklahoma. He said after a tax credit, the company trucks he does conversions on needs 2 years to make up the difference. He did say they have to average 30k miles a year though. He was saying the storage tanks are pretty big on these fleet trucks so you have to take that into account.

[krazy kris]

What pisses me off is when gas goes down it will drop by a penny a day. but when it goes up it's a 10 cent increase by lunch.

[Vertnut]

Though a POTUS may not have a "direct" connection to fuel prices, his policies (including the EPA, which he controls) most certainly do have an influence on them.

[barronj]

What pisses me off is when gas goes down it will drop by a penny a day. but when it goes up it's a 10 cent increase by lunch.

The gas station has it in their tank, and the amount they're going to pay for the next tanker truck has dropped, so they're paying less for the next delivery, so they can start dropping the price to keep in line with competition.
The price for the next tank is more expensive, they jack the price instantly.
Is that how it works?

[Captain Crawfish]

And what caused the prices to dip right before Bush left office?

IMO again global usage was down due to the economic downturn in the global economy lead by the US. history tends to repeat itself. fuel prices will betaking a breather IMO