Fuel cost in your area

JIMNLIN wrote:


Poor big oil companies and especially their CEOs must have it bad now.

They're in bed with the poor big AG companies, poor big food processors, poor big building materials companies, poor big auto manufacturers, and poor big everyone else.

This thread is comical. Taking into account state and local gas taxes are different everywhere, and the price per gallon is also affected by shipping costs from refinery to retailer and other factors like individual state regulations, it tells you nothing.

JIMNLIN wrote:
Just paid this 1 hour ago ...

regular...4.29 at my closest local gazz station
diesel...5.12 at the same station.
red diesel....4.79 at same station.
gasbuddy was off 10 cents to 37 cents in said station.

Poor big oil companies and especially their CEOs must have it bad now.

They certainly had it bad in 2020.

In 2021, Exxon Mobil made a record profit of $23 billion. But the profits gained came after it lost $22.4 billion in 2020 because of the pandemic.

https://www.newsnationnow.com/business/at-a-glance-oil-companies-see-record-profits-in-2021/


Another factor is the possibility of shortages as Oil Companies are pressured by Shareholders (If you have a 401K it's possible "you are one of them") to pass on profits rather than investing in drilling and more production.

Gas prices around me have dropped slightly but if demand keeps rising, and no more production comes to market, as the old saying goes "We ain't seen nuthin yet".

Want to get a real shock? Check out these predictions: (Warning- Be sure you are wearing your Depends before reading the price projections starting 3 years from now. There's a good reason Gas Stations are now changing their pumps so they can show more than $9.999/gallon prices.)

https://priceprediction.net/en/price-prediction/gas

All I can say is that at least one of my vehicles is a Plug-in Hybrid and my annual gas purchases for it have averaged <5 gallons per year since I bought it. Sadly, it can't tow my trailer but at least I can save up enough to buy gas for a few local camping trips a year when prices hit 2025 projections.

Just paid this 1 hour ago ...

regular...4.29 at my closest local gazz station
diesel...5.12 at the same station.
red diesel....4.79 at same station.
gasbuddy was off 10 cents to 37 cents in said station.

Poor big oil companies and especially their CEOs must have it bad now.

Diesel $5.99 in Charlestown, Ind.

Ventura, Ca. Regular $5.77, Diesel $6.45 after the 3 cent increase in tax applied today.

Banning (near Palm Springs): $6.09 - $6.59 for Regular depending on station, 40 cents higher for premium.

Regular:
$5.21 near work
$4.65 40miles away at home

I live in the NW and traveled to CA on Business this week. I thought something was interesting, I noticed that regular gas was higher in price, we are paying mid $5 range and in CA it was in the low $6 for regular, but here Diesel is about $1 more than regular where in CA, Diesel seemed to be about the same price as premium. So, Diesel is similar in price in WA as it is in CA. I think we are paying $6.39 or $6.49 per gallon and I saw Diesel around $6.59 to $6.89 in CA...

The real truth is that diesel should be cheaper than regular since it is easier to refine and starts as a biproduct. Not sure why we are paying more other than it helps to increase the cost of transportation and goods. Helping our economy.

S Davis wrote:
80 gallons diesel last fill up, $495.20

My last house on the east coast had a 1000 gallon heating oil tank!!! It wasn't uncommon to put 6-700 gallons in it during Dec, Jan, Feb.....

OMG!

80 gallons diesel last fill up, $495.20