Gas prices expected to rise in 2011 - Page 2

mookiemookie · 12-30-10, 08:19 AM

Quote:

Originally Posted by nikimcbee

@mookie, what are gax prices in TX now?

About $2.80-$2.85 for regular around me.

Catfish · 12-30-10, 08:28 AM

" Gas prices expected to rise in 2011 "

Ah well, were they ever expected to fall ? Not in my lifetime ..

Gas prices never reacted to a drop of stocks or larger amounts of resources found, those greedy managers and stock market analysts always raise the price.

One time it was less wells, then it was China buying all crude oil and the last i learned was that the destitute oil industry needed money for investing in modern technologies

But the best was Exxon. They mixed some seed oils in their Diesel for cheaper production but told nobody. When the government recently demanded the mixing with some 10 percent of those oils, Exxon immediately raised the price because the mixing was so "costly"
Messing around with customers has been raised to an art form

I have changed the Diesel engine of our old VW Quantum or Passat to run with pure rape seed oil, which is much cheaper (this is not "BioDiesel" b.t.w.), but needs a few injection and pre-glowing adjustments.

Greetings,
Catfish

STEED · 12-30-10, 10:49 AM

Quote:

Originally Posted by papa_smurf

Round near me its £1.23 for Unleaded, and £1.26 for Diesel. Though have seen some at £1.30 a Litre

In my area petrol company's

£1.24 - £1.31 for Unleaded

£1.26 - £1.32 for Diesel

Supermarket pumps

£1.19 - £1.23 for Unleaded

£1.23 - £1.26 for Diesel

I' noticed four hikes in less than three months and that dose not include the 2p hike on its way.

AVGWarhawk · 12-30-10, 11:05 AM

Looks like the typical hype to me. Gas always goes up in the winter because additives are put into the mixture for clearner emissions during the colder months. No mystery there. Demand is higher around the holidays. Gas goes up during the vacation months due to demand. Another hype story by the media. Run for the hills!

Go ahead...don't control the cost of gas and watch the world economy collapse into the abyss that much quicker.

the_tyrant · 12-30-10, 11:07 AM

You know, they said the US attacked Iraq for oil
but did the oil price go down after removing saddam?

AVGWarhawk · 12-30-10, 11:13 AM

Quote:

Originally Posted by the_tyrant

You know, they said the US attacked Iraq for oil
but did the oil price go down after removing saddam?

No and our war bill went up. Go figure. BTW, Iraq said we can go home now. Sounds like a plan to me.

kranz · 12-30-10, 12:09 PM

Quote:

Originally Posted by Vendor

In Stockholm it is around 13.53 crowns for 1 litre petrol

1 Euro is how many crowns??

In Poland: 1,2 Euro for both Diesel and gas at BP (only Shell has higher prices)
The prices have never been so high. Even when the barrel of oil was for 200$. (now they say it's 80$ ?)

Gerald · 12-30-10, 12:27 PM

Quote:

Originally Posted by kranz

1 Euro is how many crowns??

In Poland: 1,2 Euro for both Diesel and gas at BP (only Shell has higher prices)
The prices have never been so high. Even when the barrel of oil was for 200$. (now they say it's 80$ ?)

8.99 SWEKR to be exactly

TLAM Strike · 12-30-10, 12:55 PM

Crowns...
Euros...
Litres...
Petrol...

...why am I reminded of this scene on The Simpsons...

http://www.dula.tv/watch.php?file=ho...zy-vaclavs.flv

Oberon · 12-30-10, 12:56 PM

IIRC Kuwait were saying the other day that the world could withstand oil prices at over $100 per barrel. At the moment it's sitting at $89 bbl. We've been over $100bbl before, but it's come back down sharpish during the recession. As Skybird says, as the economies recover, growth will slowly return and the demand for oil will continue to increase.
Now, IIRC, our good friends OPEC ( <- Sarcasm) look like they may decide not to increase production in 2011 because there is enough for demand at the moment, which means, inevitably, the price of oil is going to rise and as such, the price at the pumps is going to rise.

http://www.reuters.com/article/idUSTRE6BN16A20101225

With train fares going up over inflation in the UK too and bus fares not far behind, pretty soon it'll be horse and cart time!

STEED · 12-30-10, 01:19 PM

Quote:

Originally Posted by Oberon

pretty soon it'll be horse and cart time!

GREAT!

I'm opening up a horse & cart shop, boom times ahead for me.

Gerald · 12-30-10, 01:22 PM

Quote:

Originally Posted by TLAM Strike

Crowns...
Euros...
Litres...
Petrol...

...why am I reminded of this scene on The Simpsons...

http://www.dula.tv/watch.php?file=ho...zy-vaclavs.flv

Great,

Oberon · 12-30-10, 03:04 PM

Quote:

Originally Posted by STEED

GREAT!

I'm opening up a horse & cart shop, boom times ahead for me.

Ha! The great circle is complete.

That being said though, the price of hay and straw these days...

Still, probably still cheaper than a car.

papa_smurf · 12-30-10, 03:32 PM

Quote:

Originally Posted by Oberon

pretty soon it'll be horse and cart time!

TopGear will have to change their name to: TopCart

12-30-10, 05:20 PM

Quote:

You know, they said the US attacked Iraq for oil
but did the oil price go down after removing saddam?

Who on earth expected prices to go down?
All the Iraq war did was raise oil companies profits.

12-30-10, 11:05 AM	#19
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,293 Downloads: 90 Uploads: 0	Looks like the typical hype to me. Gas always goes up in the winter because additives are put into the mixture for clearner emissions during the colder months. No mystery there. Demand is higher around the holidays. Gas goes up during the vacation months due to demand. Another hype story by the media. Run for the hills! Go ahead...don't control the cost of gas and watch the world economy collapse into the abyss that much quicker. __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road

12-30-10, 11:07 AM	#20
the_tyrant Admiral Join Date: Jun 2010 Location: Canada Posts: 2,272 Downloads: 58 Uploads: 0	You know, they said the US attacked Iraq for oil but did the oil price go down after removing saddam? __________________ My own open source project on Sourceforge OTP.net KGB grade encryption for the rest of us

12-30-10, 12:55 PM	#24
TLAM Strike Navy Seal Join Date: Apr 2002 Location: Rochester, New York Posts: 8,633 Downloads: 29 Uploads: 6	Crowns... Euros... Litres... Petrol... ...why am I reminded of this scene on The Simpsons... http://www.dula.tv/watch.php?file=ho...zy-vaclavs.flv __________________

12-30-10, 08:28 AM	#17
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 17,802 Downloads: 38 Uploads: 0	" Gas prices expected to rise in 2011 " Ah well, were they ever expected to fall ? Not in my lifetime .. Gas prices never reacted to a drop of stocks or larger amounts of resources found, those greedy managers and stock market analysts always raise the price. One time it was less wells, then it was China buying all crude oil and the last i learned was that the destitute oil industry needed money for investing in modern technologies But the best was Exxon. They mixed some seed oils in their Diesel for cheaper production but told nobody. When the government recently demanded the mixing with some 10 percent of those oils, Exxon immediately raised the price because the mixing was so "costly" Messing around with customers has been raised to an art form I have changed the Diesel engine of our old VW Quantum or Passat to run with pure rape seed oil, which is much cheaper (this is not "BioDiesel" b.t.w.), but needs a few injection and pre-glowing adjustments. Greetings, Catfish

12-30-10, 12:56 PM	#25
Oberon Lucky Jack Join Date: Jul 2002 Posts: 25,976 Downloads: 61 Uploads: 20	IIRC Kuwait were saying the other day that the world could withstand oil prices at over $100 per barrel. At the moment it's sitting at $89 bbl. We've been over $100bbl before, but it's come back down sharpish during the recession. As Skybird says, as the economies recover, growth will slowly return and the demand for oil will continue to increase. Now, IIRC, our good friends OPEC ( <- Sarcasm) look like they may decide not to increase production in 2011 because there is enough for demand at the moment, which means, inevitably, the price of oil is going to rise and as such, the price at the pumps is going to rise. http://www.reuters.com/article/idUSTRE6BN16A20101225 With train fares going up over inflation in the UK too and bus fares not far behind, pretty soon it'll be horse and cart time!