fill up your ride now

[dh4645]

fill up your gas tank before these gas prices go even higher because of the hurricane (lost production in the gulf)

some say the price will increase 30-40 cents/gallon very soon



http://www.cardomain.com/ride/2034806

[dh4645]

this is very true

http://hurricanekatrinagp.ytmnd.com/

[coolblink]

man normally i would say that funny but the way things are going man ill have to say thats what it seems like so so true

[Don Mason]

There is a war...better raise gas prices. There is a hurricane...better raise gas prices. There is a forest fire... better raise gas prices. The next door neighbor just farted... better raise gas prices. IT'S ALWAYS SOMETHING!

[blabonte]

As long as the oil companies keep making record profits they will be able to finance their mans re-election and in turn he can help them.
And thats all that really matters isn't it ?
$ 3.00/ gal today here

[dach95]

$2.98 / gal here. ouch...

[dh4645]

http://www.theaustralian.news.com.au...5E1702,00.html

"US Energy Secretary Samuel Bodman said that the White House made the decision to open its crude reserves late Tuesday and that an official announcement would be made later Wednesday."

YES!

[dach95]

just heard on the news gas shot up 60 cents today...

[dh4645]

almost $3 where i live.

i filled up 2 days ago at $2.60

[ginzy]

I wonder why the prices are shooting high in US wheras its stable in the middle east. I heard in UAE its gonna increase by 30% but in Kuwait shall remain same. US$.88 cents/gallon.

[dh4645]

Originally Posted by ginzy

I wonder why the prices are shooting high in US wheras its stable in the middle east. I heard in UAE its gonna increase by 30% but in Kuwait shall remain same. US$.88 cents/gallon.

bastard

[blabonte]

$ 3.40/ gal today in michigan, $2.69/gal 2 days ago
the tanker supply truck just pulled in to the gas station to resupply them , that means that they raised the price of gas they already had .70

[dach95]

What good was opening the US reserves other than profiting from the high prices. Gas prices just go higher anyway... If only I can hold 3 today, I'll be 2 richer soon... (Hope that day won't come...)

[balboasdelight]

Originally Posted by dach95

What good was opening the US reserves

On the off chance that is more than a rhetorical question, the purpose is to (partially) offset the short-term reduction in supply caused by Katrina. Most of the current spike in gas prices is not directly caused by any real shortage -- it is partly in anticipation of a shortage (gouging, if you like), but mostly a result of panic buying as evidenced by the subject of this thread. It's like a run on the bank: it's not having too little money that drives the bank under, it's the irrational, immediate demand on it. If the millions of gallons pumped into vehicles and gas cans in the past two days were sitting in underground tanks and dispensed on a normal basis, most of the price increases would be much less severe.

The fact is, nobody knows what the long-term supply picture looks like, and won't know until divers check out the underwater damage to offshore port and pipeline facilities.

.