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AaronM

Gas Prices?

21 posts in this topic

Anyone have an idea on how gas prices are going to be this summer? I have a 300 gallon tank that I always think about filling up for the boat but never pull the trigger. Thoughts? Comments?

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I'm guessing it will go up, but will stay under $3.00. This is a total guess with no actual evidence to back it. It was bad enough when gas was pushing $4 and people had jobs.

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Speaking of the price of gas, how is it that oil is under $36 per barrel, but it is almost $2 per gallon of gas? Some one is making money!

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The gas prices go up they give you coupons to get 5 cents off

(whoppy do). Gas prices should be regulated. They already ruined the ecomony. There are less people driving and prices are rising.

$5.00 gallon this summer?

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there going to be going up. I dont think there going to be as high as last summer, but there going to get close.

There saying you should by stock in oil, so that means it will be going up!

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If you can contract it out for a decent price I'd fill it up before summer.

Oil prices have been dropping so the refineries or opec decrease production, less profit in production thus supply decreases, prices stay low for awhile so demand goes up, which in turn will lead to price increases, eventually prices will hit a point again where where supply will have increased enough, higher profit margins, and demand hopefully dropped enough thus leading to a surplus in supply which will drive prices down again. It's really simple economics.

Oil is probably a great buy at 36 bucks, but the real question is when to dump it, and when you do where do you move the money without getting hit elsewhere. Just my 2 cents.

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i heard theres tankers anchored of shore cuz the demand is down theres no place to put it

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OPEC is doing everything they can to get the price of a barrel up. I'd think they'd eventually get what they want and the prices will go up. If I had a 300 gallon tank, I'd get it filled.

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I read they are supposedly building or are going to build a refinery somewhere in ND be ready for operation when they drill into the Williston basin oil field in the future. Does anyone know anything more about this?

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I work for a transportation company and we buy gas future contracts. Our current price for a 60 day future for diesel is $1.46. Longer contracts are still way under $2.00. Tax still need to be added to this price. Based on that look for gas prices to hover either at the current price of an average of $1.93 or creep up to just over $2.00 in the latter summer. Also, the new Washington administration isn't as likely to fire things up in the mid-east and that will have an impact on prices. But you never know who might do what to someone over there and everything could change.

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where do you have a 300 gallon tank? like sittin in your backyard or garage or....?

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We used to have a boat house that we kept it in. After it was taken out of there we moved it to our farm where it's been for the past few years. It hasn't been used in awhile, we cleaned it out last year and there wasn't rust but it had gotten pretty dirty in there. Hopefully with another cleaning it'll be good to go. When you buy gas in bulk like this, what additives you need to add to it?

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one of the news stations, had an ***expert*** on who claimed that gas would reach $4 a gallon this year. That would be a first if he's right.

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I read they are supposedly building or are going to build a refinery somewhere in ND be ready for operation when they drill into the Williston basin oil field in the future. Does anyone know anything more about this?

there also getting ready to put one up here in southeastern SD. whatever, man.. as long as they leave my fish alone, and prices stay down, i dont care

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i dont have alot of time for the oil companys. they will screw everyone over and make it so they cant afford to go anywhere just so they can have more money when they alreadly have more than i could dream about having.

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Oil went down another thirty one cents today. If gas goes beyond three dollers again there will be some filthy rich people relaxing around the water this year.

What am I saying , there probably is all ready.

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Read a story in the paper that said that oil prices/barrel are based upon sweet Texas Crude and unfortunately we get none of our oil in MN from there. Canada is our primary source where the price/barrel is much higher as it is in the rest of the world.

Seems like there had always been a correlation before so not sure why it is divorced now.

I'm betting by Labor Day weekend we will be looking at $3.00/gal at least. And that is assuming there are no natural or man-made disasters to "justify" price hikes.

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My 6HP Johhny sips gas. I only go through about a gallon on a long day of fishing. I dont get there fast but I get there cheap....

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with every thing else in such mess

i hope gas doesnt go up that cant help the economy

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