Thanks Aggie..I always wondered..

 

I heard on NPR a couple weeks back that when all of the pension funds start selling all the oil they have ( in futures ) that oil could go back to $40 in a week.
Of course OPEC has gotten used to the $70 barrel and will probably just cut production to make the price skyrocket back up...

 

http://autos.msn.com/everyday/gassta...?zip=&src=NetxI found a pretty good site to check fuel prices. Just enter your zip code.

 

Diesel fuel at Quick Trip in St. Peters Mo friday was 2.29.

 

Price dropped $0.20 this week. Now at $2.69/gal. Woohooo.

 

Diesel isn't reliable in my zipcode for that page. They have an N/A listing for several stations that I know to have diesel. In actuality, they are the stations that I do get diesel at. Just my luck, good page though other then that.

 

if oil companies wanted lower retail fuel prices in the US, they would build dozens of refinerys in Mexico and pipe it in....no enviromental laws there and Fox and the conservative government can be bought off.....
wait until heating oil demand kicks in November and the tank filling rage sets in
diesel users compete against gasoline production in the spring and summer, railroads, ships, trucking companies, JP jet fuel production and heating oil production
political events also heavily drive oil prices....Nigeria production is a mess....the situation in Iraq has turned to civil war and Iraq has dropped off the world oil producition map, they don't even produce enough fuel for their use....Russia is playing the oil power game....China is locking up oil reserves and long term drilling rights world wide
Saudi Arabia claims only 18% of the world's oil reserves have been located and tapped....but what do they know....their proven remaining reserves are falling...the Saudi's now pump more salt water into their oil fields than oil out trying to maintain production
the North Slope and North Sea fields are dying and on the fast backside downslope of production
deep sea and polar drilling/production is extremely expensive....5,000 ft deep ocean drilling in the Gulf will easily exceed $100 a barrel by the time it's ashore unless they import cheap Far East workers....the Artic National Wildlife and Artic offshore ice dam island drilling is easily over $150 a barrel with new 2,000 mile pipeline costs even after bringing in cheap non citizen labor

long term fuel costs over the next 5 years is headed only one direction with bounces up and down along the way

 

I hate to be the one that brings the bad news, but thats the way fuel prices have been going for a very very very long time, even before the recent unpleasantness. I would argue that it's been going this way ever since the 70s, I'm sure there are some on here that remember what I'm talking about. I would say ever since then we have been going only in one direction, with ups and downs along the way. The only difference between now and then is that the down bounces are going to get smaller and the up bounces are going to get bigger.

 

Here in Louisiana, I ran across a station that had diesel, and it was ULS, for $2.30. Regular unleaded was $2.19

 

Unleaded gas in OK is 2.19 diesel is 2.53. What do you think the diesel price will jump to 10/1 when the Lower sulphur diesel goes into effect.

 

My fuel supplier said that all they can get is the ULSD. So it is in the pipeline and everyone must have all their tanks full of the new fuel by then. He also told me the pipeline has told them it isn't 15PPM it is 5PPM until they can certify the tank farms downstream as having the 15PPM

 

Howdy y'all,
Thought i would add my 2 cents here. I just got back from a trip to Utah. One of the places I went to while i was there was "Vernal" Utah. My real dad and his side of the family lives out there. Anyway. One of the things he was telling me is that they are going to "drop" between 30k and 35k rigs in the area over the next "several" years. They will be using some of the current rigs, but will be drilling many many more. Vernal is also known as "Dinosaur" land. Right now there looking for people to fill the jobs out there, weilders, riggers and so on. I hope this well help compensate for the wool there trying to pull over our eyes with everything that is happening around the world. Just some FYI.
JoryLee

 

We are down to $2.40 on the E & SE side of Houston. $2.59 on the w side . . .

 

$2.79 is the cheapest I have found it here in St. Pete, FL

 

Just paid $2.85 at the AM/PM on Portland and Puallup in Tacoma