bushwack September 12, 2008 Share bushwack Member September 12, 2008 (edited) Town near me (Killin, AL) gas skyrocketed to 5.35 so I went and filled up my tank before it hit my town at 3.65. I was on empty anyway. Sigh... Edited September 12, 2008 by bushwack Quote Link to comment Share on other sites More sharing options...
dragonfly September 12, 2008 Share dragonfly Member September 12, 2008 Conversion to c/L anyone? I dont wanna do the math Quote Link to comment Share on other sites More sharing options...
Unclean September 12, 2008 Share Unclean Member September 12, 2008 Jeez... just because of the hurricane? Quote Link to comment Share on other sites More sharing options...
ZeroDamage September 12, 2008 Share ZeroDamage Member September 12, 2008 4.00 here and I am still at work. Sheetz is still at 3.49 but I doubt that will be the same when I head home. Wife already ran out and filled up so she would have enough gas to last a couple of weeks. (We do not drive far). Quote Link to comment Share on other sites More sharing options...
bushwack September 12, 2008 Author Share bushwack Member September 12, 2008 Cause of the hurricane I guess, anyone care to explain why? I don't think I understand the ways of supply and demand these days. Quote Link to comment Share on other sites More sharing options...
Fairweather September 12, 2008 Share Fairweather Member September 12, 2008 hurricanes bring strange gas sucking fairies down from the clouds who radically reduce the supply Quote Link to comment Share on other sites More sharing options...
dragonfly September 12, 2008 Share dragonfly Member September 12, 2008 (edited) 1 Canadian cent per US gallon = 0.264172052 Canadian cents per litre - found that stat. 1 U.S. dollar = 1.05819994 Canadian dollars - found that one too. So, if it's 5.35c/g, then that's roughly 1.41c/L if my math's correct using USD, then converting it'd be approx 1.496c/L. Please correct me if I'm wrong... We've been seeing 1.30-1.40c/L for the last several months. 1.50 is pretty high though... I saw 1.189 near Ottawa 2 weeks ago. I should just stayed there. This is just for the Canadian folks not near Toronto who may be interested in what Bush's talking about Edited September 12, 2008 by DarkArchon Quote Link to comment Share on other sites More sharing options...
MrDuke September 12, 2008 Share MrDuke Member September 12, 2008 Cause of the hurricane I guess, anyone care to explain why? I don't think I understand the ways of supply and demand these days. The Texas refineries are hunkered down and not producing. If I recall, Texas' output is 20%... but any bad news exponentially affects the oil market. Lower supply or higher demand (or both) = increased prices. perfect supply and demand equates to 10 slices of pizza and 10 people to buy them at a given price. low supply: 6 slices of pizza and 10 hungry people = people outbidding each other to eat. The pizza company will raise its price because it KNOWS it will sell all stock. high demand: 10 slices of pizza and 20 hungry people = people outbidding each other to eat. Ditto. In order for prices to fall, either higher supply (more pizza) or lower demand (5 people) need to happen. Right now the hurricane situation = lower supply (20% offline) AND the panic factor (fear of rising prices) = increased demand...creating a vicious cycle. Quote Link to comment Share on other sites More sharing options...
ZeroDamage September 12, 2008 Share ZeroDamage Member September 12, 2008 The metric system are the "Numbers of Satan." And I am standing by it! Quote Link to comment Share on other sites More sharing options...
Kruten September 13, 2008 Share Kruten Member September 13, 2008 Prices went from 3.69 to 3.99 here. Everyone was lining up to get gas. Now we're just going to have a shortage from everyone emptying the gas stations and the prices will go higher. Quote Link to comment Share on other sites More sharing options...
YoMamma September 14, 2008 Share YoMamma Member September 14, 2008 Yah, the national avg went up .20 per gallon overnight because of the hurricane and because our "friends" at OPEC decided to cut production since they thought gas prices dropped too sharply (40%) in July. Quote Link to comment Share on other sites More sharing options...
All Kill3r September 14, 2008 Share All Kill3r Member September 14, 2008 CRAZY. 4 bux here and i live in the 'country'. hate to see it in some the bigger cities you guys might be in. Some stations here a limiting people to 10 gallons. Quote Link to comment Share on other sites More sharing options...
Clueless September 14, 2008 Share Clueless GC Alumni September 14, 2008 The metric system are the "Numbers of Satan." And I am standing by it! The metric system makes more sense than SAE....we are the only ones in the world using the antiquated SAE system. Metric is easier, makes more sense, everything is divisible by 10. Imagine that...America using something inferior and thinks because no one else uses it...it's better....pfft Europeans find our system to be a joke, and I would tend to agree. Bring on the metric system baby!! Sorry for the hijack...um yeah, what Duke said Quote Link to comment Share on other sites More sharing options...
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