OIL IMPACT DISCUSSION

The current US cost of Gasoline is $2.61 What will the national average be by next weekend?

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CNN right now: Gas lines, $4.99/gallon, $10 limits in Atlanta. :shock:
 
This morning it was $2.69 in St. Louis and projected to go up another 30-40 cents in the next couple of days. We are already talking here at work about carpooling (either that or we can all ride bikes).


edit: it is now $3 here
 
I think that's just Atlanta... here in Champaign, IL, prices at the gas station up the street has prices ranging from $2.99 to $3.19 a gallon, with no lines. So it hasn't gotten here.
 
are the lines and 4.99 price just in Atlanta or is this nationwide?

It's not nationwide, YET. Prices in Dallas are averaging $2.79 this afternoon, but the rise seems to be slow and steady and not a massive spike. The only lines I've seen are at the lowest priced stations, I just passed a Shell station two hours ago that was $2.69 and it had a line two cars deep on every pump. Have no idea what tomorrow and the weekend will bring.

Aaron
 
Most everything in the Milwaukee Metro is $3.29 and higher. Up in Sheboygan this morning it was still $2.77, but I saw one station making the signs say $2.99.

$4.00 here we come.
 
Charleston, West Virginia, Wednesday afternoon:

gas831.jpg


I went back home and got my hurricane-chasing fuel reserve containers (3 5-gallon containers) and returned to the station to fill them up in preparation for a possible crisis. I had almost completely filled the third and final container when the pumps ran out of 87 octane gas! All of the stations I saw in town were out of 87.
 
as predicted

gas today is up to 3.07 for regular here...had a call from a neighbor...wanted to know what i was planning to do with my 3 cylinder sprint...haha...told em i was fixin to put it back on the road for me...at 42 mls pr gal...its worth it to do that...i figure by weeks end gas will be closing in on 3.50 - 4 pr gal here...
 
BP Card

I recently got a bp visa and for the first 2 billing cycles you can get 6% back on first 2 billing cycles after that it's 3%. The 6% back will save you 18 cents a gallon at $3.00 prices. Seems alot better than some cards I have seen that only offer 3-5 cents a gallon discount.
 
Quite the opposite over here in Bloomington, IL. $3.19-$3.25 a gallon, but no lines. The gas stations are -empty-. I've been watching one across the street for the last hour. -1- car; and he couldn't have pumped more then a few gallons.
 
In Wichita Ks the price is anywhere from $2.89 to $3.09 this evening, this morning was $2.79, when I tipped off my tank. Not alot of activity just people going with the flow. Monday is was $2.56.
 
"NEW YORK (CNN/Money) - Consumers can expect retail gas prices to rise to $4 a gallon soon, but whether they stay there depends on the long-term damage to oil facilities from Hurricane Katrina, oil and gas analysts said Wednesday.

"There's no question gas will hit $4 a gallon," Ben Brockwell, director of pricing at the Oil Price Information Service, said. "The question is how high will it go and how long will it last?"

HOLY SMOKES!!!
 
"There's no question gas will hit $4 a gallon,"

That's a $100 fillup for an Escalade... $104 to be exact. Wondering if that will be the first $100+ fillup for an unmodified consumer vehicle.

Tim
 
We've got almost $0.25 discrepencies between station, but $3.09 was the high for the day here in Manhattan. Oddly enough, it is also a BP station. Since that matches some of your other reports from BP stations, I am wondering if that is uniform across similar regions right now for their stations.

Tim
 
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