Anyone seen $4 gas yet?

[Fenway]

I think it is out there. Premium anyway. What are prices where you live? Cheapest in Fishers is $3.73 for regular right now.

 

[Ri22o]

I think it is out there. Premium anyway. What are prices where you live? Cheapest in Fishers is $3.73 for regular right now.

About the same on the Westside. I've started filling up at 1/2 tank as part of my preparedness routine. It also keeps the shock from each fill up less.

 

[dblagent]

$3.86 a gallon outside my house, I can see the sign from my house. Bloomington area.

 

[TomN]

Yeah I've been seeing a few places with premium over $4 a gallon.

 

[indyninja]

it would suck to be driving a car that took premium right about now

 

[baldmax]

It was $3.93 in the Burns Harbour Area(near Gary)

 

[rhino]

Premium was well over $4 where I live on Wednesday.

Here's a kick in the head. I have a huge tank in my truck, so I usually wait for prices to go down as long as I can. On Wednesday morning on my way to work, I noticed that regular was down to $3.529 per gallon, so I decided to fill my tank on my way home in the evening. Naturally, when I was on my way home from work, the price had gone up to $3.849.

There does not exist a change in crude prices, economic event, or devaluation of currency that can justify a sudden $0.32 per gallon increase for gasoline that was refined months ago. They're playing these games with the prices because they can and they know suckers like us will just keep paying whatever they choose to charge. I used to think $3.00 per gallon was the "breaking point," but obvious $4.00 per gallon probably isn't. I wonder if there is a price that people won't pay.

I've been cooped-up in the house since then grading final exams, so I'm afraid about what I'm going to see when I drive this week and need to get gas.

 

[epsylum]

it would suck to be driving a car that took premium right about now

Premium is usually only 20 cents a gallon more than regular. For a 14 gal tank that is only $2.80 more per fill up.

 

[turnandshoot4]

Premium is usually only 20 cents a gallon more than regular. For a 14 gal tank that is only $2.80 more per fill up.

I think "only" may not be the word you are looking for here. Would you like to have gas at 3.50? No thanks, gas only 20 cents more than that. They will hike the prices because we will pay it. No they will increase the prices because we HAVE to pay it. Unless someone has the compressed air car or something else I don't know about. I swear I am going to buy a moped.

 

[Fenway]

Have you guys seen the cars that run on cooking oil? I was behind one the other day and it smelled!

 

[turnandshoot4]

Yep I have seen it. That is awesome, however smelly.

 

[turnandshoot4]

The first diesel engine ran on Peanut oil anyway. I almost want to buy one to run it on oil to screw big oil. But it's just little ol me.

 

[epsylum]

I think "only" may not be the word you are looking for here. Would you like to have gas at 3.50? No thanks, gas only 20 cents more than that. They will hike the prices because we will pay it. No they will increase the prices because we HAVE to pay it. Unless someone has the compressed air car or something else I don't know about. I swear I am going to buy a moped.

No that was exactly what I was trying to say. I wasn't talking about the base price of gas, just comparing the price of premium to regular. Premium is 20 cents more a gallon than regular (87 octane is the base price, 91 is base + 10 cents, and 93 is base plus 20 cents) and has been for a while and ONLY costs $2.80 more to fill up a 14 gal tank than regular. If an extra $2.80 a week or so will break you, well then I doubt you even have enough money for a car. Actually as the base price of gas rises the upcharge for premium gets lower percentage-wise.

As for the base pice of gas, sure, I would like it as cheap as possible like everyone else. I do realize that the days of sub $1 (or even $2) a gallon gas is long over for a large number or reasons.

 

[epsylum]

The first diesel engine ran on Peanut oil anyway. I almost want to buy one to run it on oil to screw big oil. But it's just little ol me.

Oh noes! Big oil!!

 

[turnandshoot4]

Ok fair enough. I am definately not a fan of big oil. I saw a commercial the other day that they were "people too."

 

[rhino]

The oil companies make less per unit of what they sell now than they did years ago. They just are selling a hell of a lot more units.

 

[epsylum]

BTW the going market price of oil is $126 a barrel. That = $3 a gallon, just for crude. (there are 42 gallons in a barrel).

 

[epsylum]

Ok fair enough. I am definately not a fan of big oil. I saw a commercial the other day that they were "people too."

Yup they are and they employ a crap load of hard working people. Also "big oil" isn't a person. There isn't a Mr. Exxon-Mobil. They are a publically held company. The profits go to their stock holders. Who are their stock holders? Do you have a 401k? If so, chances are you are part of "big oil" and are making money off their profits.

 

[rhino]

Excellent points, Mr. Psylum.

 

[bigcraig]

epsylum, preach it brother!

Folks that blame "big oil" for fuel prices need to learn how the system works.

Also, I am feeling pretty good with the EXXON stock I bought in the early 90's.

My only problem with "big oil", if they were smart, they would start a big propoganda campaign explaining how the system works, thus showing who the "percieved" bad guys are.