In loving memory of Kenis D. Keathley 6/4/81 - 3/27/22 Loving father, husband, brother, friend and firewood hoarder Rest in peace, Dexterday

Gas prices are going wild

Discussion in 'Everything Else (off topic)' started by Backwoods Savage, Jan 10, 2018.

Page 1 of 3
  1. Backwoods Savage

    Backwoods Savage Moderator

    Joined:
    Oct 4, 2013
    Messages:
    46,924
    Likes Received:
    295,479
    Location:
    Central MI
    I see our price went up $.40 per gallon today up to 2.799.

    Saudia Arabia evidently has cut production. Warnings have gone out that gas prices are to raise .20 to .30 per gallon. Guess Michigan price setters did not read that...
     
    Backwoods Savage, Jan 10, 2018
    #1 Top
    Eric VW, Chvymn99, yooperdave and 2 others like this.
  2. RCBS

    RCBS

    Joined:
    Jan 22, 2016
    Messages:
    5,487
    Likes Received:
    26,578
    Location:
    Over here
    Price of crude is trying to break $70/bbl. While painful at the pump, higher prices will re-ignite production in the US. That's a good thing. The more of our own supply we can use, the better. It takes $60/bbl for the producers down here in the Appalachian Basin to get excited to drill. Texas can get by on ~$40/bbl. Unsure about the Bakken. Saudi Arabia still turns a profit at $20/bbl. Again, painful at the pump, but good for the Nation overall.
     
    RCBS, Jan 10, 2018
    #2 Top
    VOLKEVIN, Boomstick, Jack Straw and 2 others like this.
  3. Canadian border VT

    Canadian border VT

    Joined:
    Feb 18, 2015
    Messages:
    18,240
    Likes Received:
    119,405
    Location:
    Vermont
    Backwoods Savage the price will go up for a while, BUT if these warmer temps hold for a while it will subside. We make more natural gas than we use, but when half the country goes below 0 the people without wood heat crank their furnaces and electricity for all those heat pumps increases. Several generator plants switched to oil as Nat gas prices spiked. Remember those pipe lines are only so big and oil has 30% more BTUs than gas per gallon. With more normal temps and demand they are already gone back to Nat gas.
     
    Canadian border VT, Jan 10, 2018
    #3 Top
    Backwoods Savage, Eric VW and Midwinter like this.
  4. yooperdave

    yooperdave

    Joined:
    Jun 16, 2014
    Messages:
    34,275
    Likes Received:
    212,240
    Location:
    Michigan's U.P.
    Paying almost .20 more a gallon here today. I'm sure it'll catch up with the rest of the greed real soon!
     
    yooperdave, Jan 10, 2018
    #4 Top
    Backwoods Savage and Eric VW like this.
  5. Chvymn99

    Chvymn99 Moderator

    Joined:
    Oct 4, 2013
    Messages:
    20,794
    Likes Received:
    109,191
    Location:
    KC Metro
    Yea... I was wondering what made that tick... from the time I went to work to the time I got off.... it went up 20 cents....we are at $2.42 now
     
    Chvymn99, Jan 10, 2018
    #5 Top
    Backwoods Savage likes this.
  6. yooperdave

    yooperdave

    Joined:
    Jun 16, 2014
    Messages:
    34,275
    Likes Received:
    212,240
    Location:
    Michigan's U.P.
    Lowest here is 2.65
     
    yooperdave, Jan 10, 2018
    #6 Top
    Backwoods Savage likes this.
  7. Eric VW

    Eric VW Moderator

    Joined:
    Jan 6, 2015
    Messages:
    24,398
    Likes Received:
    140,385
    Location:
    US
    Sure, but temps are set to return to seasonal here this weekend.:confused:
     
    Eric VW, Jan 10, 2018
    #7 Top
    Backwoods Savage, Horkn, Gasifier and 1 other person like this.
  8. Eric VW

    Eric VW Moderator

    Joined:
    Jan 6, 2015
    Messages:
    24,398
    Likes Received:
    140,385
    Location:
    US
    Hovering between $2.20-$2.25 here....
     
    Eric VW, Jan 10, 2018
    #8 Top
    Backwoods Savage and yooperdave like this.
  9. Canadian border VT

    Canadian border VT

    Joined:
    Feb 18, 2015
    Messages:
    18,240
    Likes Received:
    119,405
    Location:
    Vermont
    2.63 here.. Yeah we are going seasonal teens in day and 0 at night sure beats 35 below
     
    Canadian border VT, Jan 10, 2018
    #9 Top
    Backwoods Savage and Eric VW like this.
  10. Gasifier

    Gasifier

    Joined:
    Oct 3, 2013
    Messages:
    20,421
    Likes Received:
    103,250
    Location:
    St. Lawrence River Valley, NY
    I paid 2.79 today.:picard:Lets hope it doesn’t go much higher.:startled:
     
    Gasifier, Jan 10, 2018
    #10 Top
    Backwoods Savage, Farmchuck, Eric VW and 1 other person like this.
  11. saskwoodburner

    saskwoodburner

    Joined:
    Dec 15, 2015
    Messages:
    2,606
    Likes Received:
    14,817
    Location:
    middle of nowhere Saskatchewan, Canada
    Gas buddy is showing $1.079/liter at the moment, or about $4.85 gallon with the Canadian peso.

    It goes up like a rocket and down like a feather with no rhyme or reason.
     
    saskwoodburner, Jan 10, 2018
    #11 Top
    Backwoods Savage likes this.
  12. Eric VW

    Eric VW Moderator

    Joined:
    Jan 6, 2015
    Messages:
    24,398
    Likes Received:
    140,385
    Location:
    US
    No “likey” that....:confused:
    :canada:
    :usa:
     
    Eric VW, Jan 10, 2018
    #12 Top
    Backwoods Savage, yooperdave and saskwoodburner like this.
  13. Farmchuck

    Farmchuck

    Joined:
    Dec 18, 2016
    Messages:
    1,769
    Likes Received:
    8,649
    Location:
    Nepa
    $2.79 here in PA today
     
    Farmchuck, Jan 10, 2018
    #13 Top
    Eric VW and Backwoods Savage like this.
  14. bushpilot

    bushpilot

    Joined:
    Feb 25, 2015
    Messages:
    3,240
    Likes Received:
    14,363
    Location:
    Eastern Washington
    Down a few cents to $2.69 today.
     
    bushpilot, Jan 10, 2018
    #14 Top
    Eric VW and Backwoods Savage like this.
  15. shaggy wood dump hoarder

    shaggy wood dump hoarder

    Joined:
    Dec 18, 2014
    Messages:
    868
    Likes Received:
    3,324
    Location:
    menomonie
    Speaking of the bakken and bring good for the economy, the company I work for builds the crank cases for haliburton, and they pay a PREMIUM for our services.
     
    shaggy wood dump hoarder, Jan 10, 2018
    #15 Top
    Eric VW, RCBS, Midwinter and 1 other person like this.
  16. Horkn

    Horkn

    Joined:
    Dec 17, 2014
    Messages:
    28,495
    Likes Received:
    161,014
    Location:
    SE Wisconsin
    This is expected to bring even more business to the company I work for. I'm in the hydraulics business.

    Gas is 2.45 a gallon here at best. 2.54 the worst, so far.
     
    Horkn, Jan 10, 2018
    #16 Top
    savemoney, Eric VW, Backwoods Savage and 3 others like this.
  17. Erik B

    Erik B

    Joined:
    May 12, 2015
    Messages:
    5,411
    Likes Received:
    36,939
    Location:
    Western Wisconsin
    Filled up today at $2.599. Prices have been climbing the past couple of weeks.
     
    Erik B, Jan 10, 2018
    #17 Top
    Eric VW, Backwoods Savage, RCBS and 1 other person like this.
  18. Mwalsh9152

    Mwalsh9152

    Joined:
    Jan 17, 2017
    Messages:
    5,325
    Likes Received:
    38,828
    Location:
    Pelham NH
    I honestly don't pay attention to the prices when I'm in my car since the company pays....but I know damm well that I payed 2.97 a gallon for diesel before the last storm!
     
    Mwalsh9152, Jan 10, 2018
    #18 Top
    Midwinter likes this.
  19. Eric VW

    Eric VW Moderator

    Joined:
    Jan 6, 2015
    Messages:
    24,398
    Likes Received:
    140,385
    Location:
    US
    Up to $2.35 at Sheetz.... that means $2.45 at the BP I go to...:confused:
     
    Eric VW, Jan 11, 2018
    #19 Top
    Backwoods Savage and yooperdave like this.
  20. bocefus78

    bocefus78

    Joined:
    Oct 14, 2013
    Messages:
    3,694
    Likes Received:
    19,839
    Location:
    Indiana
    I got lucky today. I saw everyone changing prices today and managed to find one who hadn't changed yet. Saved me over 12 bucks. 2.29 instead of 2.79.
     
    bocefus78, Jan 11, 2018
    #20 Top
    Backwoods Savage, yooperdave, Chvymn99 and 1 other person like this.
Page 1 of 3