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Lux Interior
11-17-05, 10:45 PM
saw 1.99 today in northeast ohio

Sean O'Gorman
11-17-05, 11:14 PM
$2.02 last night in Parma.

dando
11-17-05, 11:21 PM
$2.02 last night in Parma.
For rice? :gomer:

-Kevin

RHR_Fan
11-17-05, 11:22 PM
2.23-25 in Madison, WI.

~Nicole

CART T. Katz
11-17-05, 11:30 PM
1.98 tonight, 1.95 with a kroger card

G.
04-20-06, 02:35 PM
$2.84 and rising. Expect >$4.00 this summer. :shakehead

Wheel-Nut
04-20-06, 02:39 PM
$3.04 for 89 octane in my 'hood. NW Harris County, Tx.

KLang
04-20-06, 03:01 PM
$3.09 for V-Power yesterday in western Fort Bend county. I didn't notice this morning if it had gone up. I think this is higher then I remember paying after Katrina.

TKGAngel
04-20-06, 03:03 PM
$2.99 at Delta Sonic.

Next weekend I get to drive to NW Indiana to visit family. Anyone have any ideas of what prices are out that way?

tllips
04-20-06, 03:18 PM
I saw 2.79 at Mobil in Naperville last night. I hope it is still that this evening. (kicking myself for not stopping last night :cry: )

Most others were at 2.85 or higher around Lisle, IL yesterday. I was told they all went up this morning, but don't know how high yet. :eek:

Ankf00
04-20-06, 03:22 PM
87 is 3.09 up in north Dallas & Plano, 2.80 in the city center near me

dando
04-20-06, 03:24 PM
$2.89/$2.99 here. Up $.20 Tues into Wed. $3 will be here next week guaranteed. I'll wager $3.25 by July 4th. :shakehead

There was an interesting piece on NBC last week explaining how the Congress mandate to use ethanol has adversely impacted the price of gas due to speculation, additional transportation co$t$, etc.

http://www.msnbc.msn.com/id/12289938/

-Kevin

Tifosi24
04-20-06, 03:39 PM
$3.25 by July 4th, how about three and a quarter by Memorial Day. I filled up on Tuesday for $3.00 in Milwaukee and most stations are up to $3.10 from what I have heard, one of the beauties of only getting in my car once every two weeks, although the long trip costs me money. Blaming the ethanol mandate on the Congress isn't telling the whole story. The oil companies bet they would get liability protection against MTBE, a cancer causing agent and as the Jesus would say laughable, HAHA, so they are punishing us for their failed gamble. They knew for years that MTBE was going to get phased out and they just sat on their hands. Minnesota had ethanol in all of their blends during the time I went to school there, and their prices are no different than what they are in other states when accounting for taxes.

Ankf00
04-20-06, 03:43 PM
they'll start to go back down once everyone's distributed all their old stock and the refineries are fully switched over to producing summer stocks. I think one of BP's refineries on the gulf coast just returned online this week after last year's storms too

dando
04-20-06, 03:43 PM
$3.25 by July 4th, how about three and a quarter by Memorial Day.
Actually that's what I meant. :o The refineries will need to reformulate for the summer season in a few weeks....@ least big oil used THAT excuse last year when prices started to spike. :shakehead

-Kevin

dando
04-20-06, 03:47 PM
they'll start to go back down once everyone's distributed all their old stock and the refineries are fully switched over to producing summer stocks. I think one of BP's refineries on the gulf coast just returned online this week after last year's storms too
Not with oil >$70 a barrel and Chavez and that loon in Iran destabilizing prices with their comments. Not mention the situation in Africa. Not to mention the liberal use of gas by the 'stros and Tribe bullpens. :gomer:

What a ****ing mess. :( If this keeps up, I won't be able to afford to fly to AUS in September. :mad: :flame:

-Kevin

ChampcarShark
04-20-06, 04:45 PM
Here in far far west texas, today $2.83 average. Most gas station have the same price. It varies only about .05 per gallon.

We have refineries here in the city and a few miles west in Las Cruces, NM. Gas is cheaper by up to .20 per gallon.

I am going to start growing corn in my back yard to fuel my cars with methanol.

Sean O'Gorman
04-20-06, 06:12 PM
$2.89 but it doesn't feel that bad because I put new plugs and wires and an air filter in my car so it gets biggie mileage now. :gomer:

Wabbit
04-20-06, 06:20 PM
$2.89 but it doesn't feel that bad because I put new plugs and wires and an air filter in my car so it gets biggie mileage now. :gomer:

Wow, Midwest and Northwest are actually close. Usually you guys are .30 cheaper.

dando
04-20-06, 06:36 PM
Wow, Midwest and Northwest are actually close. Usually you guys are .30 cheaper.
The midwest has gotten much worse the past few years due to refinery and distribution issues. :(

-Kevin

Stu
04-20-06, 07:06 PM
The midwest has gotten much worse the past few years due to refinery and distribution issues. :(

-Kevin

I dunno about Cleveland. It's pretty much in line with the national average right now. I guess I remember it being a little lower than the average in the past, but who knows.

Whatever, its only money.

Turbodog
04-20-06, 09:05 PM
$2.89 here in Clear Lake.

Turbodog
04-20-06, 09:10 PM
Not mention the situation in Africa. Not to mention the liberal use of gas by the 'stros and Tribe bullpens. :gomer:




At least the Stros are off. I see the Tribe wasted some gas in the 6th today. :shakehead

RHR_Fan
04-20-06, 10:17 PM
Gas is around $2.91 in the Madison area. It's gone from $2.75-$2.91 in about a week. It'll gonna suck, but I won't be surprised if gas will be at $3.00 soon.

~Nicole

KLang
04-21-06, 09:16 AM
$3.09 for V-Power yesterday in western Fort Bend county. I didn't notice this morning if it had gone up. I think this is higher then I remember paying after Katrina.

Make that $3.19 now.

JLMannin
04-21-06, 09:24 AM
Most likely somewhere around 2.80 to 3.00, have not been out today. In Indiana, gas prices can jump up (or down) by 0.15 to 0.20 per day in a very unpredictable and appearantly random fashion.

One thought on the ethanol morass - when I burn 10% EtOH gas in my '98 Saturn, my highway mileage goes down from 36 or 37 mpg to 32 or 33 mpg. This is more than a 10% drop, so that means that I actually burn MORE gas with the ethanol blend, consuming more fossil fuel. Anyone esle notice this?

[logic induced rant]As far as MTBE contaminating drinking water - I would assume that the MTBE is getting there by leaking out of underground gasoline storage tanks - how is switching from MTBE to EtOH going to fix this problem? Does EtOH have some magical leak sealing properties we don"t know about? - NOT Or do municipal water consumers prefer the taste of EtOH/gas contaminated water over the taste of MTBE/gas contaminated water? [/logic induced rant]

cameraman
04-21-06, 01:07 PM
MTBE comes from the leaking tanks but it is far more harmful to an aquifer than the gasoline that leaks with it. Gas floats making cleanup easier (in relative terms) it also does not dissolve in water to any great extent. If there is a gas leak above an aquifer the gas will remain on top and generally not get drawn up by the wells which draw from deep within the aquifer. MTBE on the other hand dissolves easily in water and does not stick to soil particles to any great extent. Unfortunately MTBE in that gas floating ontop of the water is diffusing out of the gas into the water and spreads throughout the depth of the aquifer. The entire aquifer is contaminated the process. Also MTBE is highly stable in aquifers, nothing in nature will break it down, gasoline does get naturally broken down to some extent.

MTBE makes a bad thing a few orders of magnitude worse.

JLMannin
04-21-06, 01:27 PM
The problem is the leaking underground storage tanks, not the MTBE. I did not think of the MTBE being missible with water, however, and so I see the point now. Before, I just did not get it at all.

As far as the original purpose of this thread, I paid 3.099 today for Amoco Ultimate.

Cheapest gas I have seen in central/nothern Indiana is at the Flying J truck stops. They are a good 20 cents cheaper per gallon.


MTBE comes from the leaking tanks but it is far more harmful to an aquifer than the gasoline that leaks with it. Gas floats making cleanup easier (in relative terms) it also does not dissolve in water to any great extent. If there is a gas leak above an aquifer the gas will remain on top and generally not get drawn up by the wells which draw from deep within the aquifer. MTBE on the other hand dissolves easily in water and does not stick to soil particles to any great extent. Unfortunately MTBE in that gas floating ontop of the water is diffusing out of the gas into the water and spreads throughout the depth of the aquifer. The entire aquifer is contaminated the process. Also MTBE is highly stable in aquifers, nothing in nature will break it down, gasoline does get naturally broken down to some extent.

MTBE makes a bad thing a few orders of magnitude worse.

Cam
04-21-06, 01:29 PM
Just put fuel in mine @ $2.83..... :flame:

Fitti Fan
04-22-06, 02:06 PM
$2.95 for the "cheap" stuff here in Rockford, Illinois

Andrew Longman
04-22-06, 04:26 PM
Paid $3.08 for premium today

$2.67 for regular

Full service. All there is in Jersey by law. Lower prices here because gas tax is about 12-15 cents lower than other states.

Great except our transportation fund is broke (that's what fixes the roads and trains) and they just re-funded it with 30 year bonds which, with interest, cost most NJ drivers about exactly the same as if we just paid higher gas tax.

But if we did that some politician would get voted out for raising the tax and some of the money wouldn't go to some Wall Street finance type instead of actually fixing the roads.

Andrew Longman
04-22-06, 04:33 PM
MTBE comes from the leaking tanks but it is far more harmful to an aquifer than the gasoline that leaks with it. Gas floats making cleanup easier (in relative terms) it also does not dissolve in water to any great extent. If there is a gas leak above an aquifer the gas will remain on top and generally not get drawn up by the wells which draw from deep within the aquifer. MTBE on the other hand dissolves easily in water and does not stick to soil particles to any great extent. Unfortunately MTBE in that gas floating ontop of the water is diffusing out of the gas into the water and spreads throughout the depth of the aquifer. The entire aquifer is contaminated the process. Also MTBE is highly stable in aquifers, nothing in nature will break it down, gasoline does get naturally broken down to some extent.

MTBE makes a bad thing a few orders of magnitude worse.


Dead on right and a big issue here because population density and sprawl are conspiring to make the water supply a very big issue. Jersey is very close to running out of water (which makes living as I do on the Delaware River so important).

The current seasonal switch to ethanol is also causing shortages here. Lots of stations with only one or two grades available. Makes the price increase all the worse

Sean O'Gorman
04-22-06, 06:00 PM
I saw $2.75 today but I can't put more than a couple gallons in until after autocross tomorrow. Hope the price doesn't get too much higher.

KLang
04-26-06, 09:13 AM
Have we seen the peak already? My usual station dropped from $3.19 to $3.12 overnight.

Ankf00
04-26-06, 09:25 AM
Have we seen the peak already? My usual station dropped from $3.19 to $3.12 overnight.
you've got to feed a 3.2 CL, right?

Turbodog
04-26-06, 09:30 AM
Have we seen the peak already? My usual station dropped from $3.19 to $3.12 overnight.

Still $2.89 in Clear Lake. Was $2.92 in Bellaire last night.

KLang
04-26-06, 09:51 AM
you've got to feed a 3.2 CL, right?

Changed to a 2004 TL end of 2003. I think the CL got slightly better mileage though. TL goes back end of this year. Haven't decided what to get next.

tllips
04-26-06, 10:02 AM
Have we seen the peak already? My usual station dropped from $3.19 to $3.12 overnight.


This is not intended to make this thread political, but the attention given this issue by Bush and Congress yesterday may hold the prices where they are or drop them slightly. Barring no refinery explosions/attacks, the prices then will be stable until the week before Memorial Day. Then I'm guessing we'll see around $3.25 (2.88-2.98 around here now) or so for the weekend. After that, I have no idea where it will go.

KLang
04-26-06, 10:16 AM
This is not intended to make this thread political, but the attention given this issue by Bush and Congress yesterday may hold the prices where they are or drop them slightly.

Actually I asked the station owner yesterday morning what he expected. He answered that the price of oil had dropped a few bucks and that might bring the price down. Apparently it did, at least for now.

Turbodog
04-29-06, 01:36 PM
Found two places out of gas last night in League City :shakehead

nz_climber
04-29-06, 05:35 PM
well down under gas is pretty expensive, for the cheap stuff its $1.70NZD per litre... so convert =

$1.70 * 0.6274 = $1.06 USD (per litre)
1 litre * 3.785 = 3.785 Litres (1 gallon)
-----------
$4.01 USD per gallon

:eek:

Tifosi24
07-07-06, 08:43 PM
I thought I would bring this thread back to life with gas prices beginning to rise yet again. I don't normally drive during the week since I live four blocks from work, and I was out today and the "cheap" stuff is up to $3.26 a gallon anywhere you go in Milwaukee. A scarier development is what I heard on the nightly news this evening. Apparently Gulf Coast refineries are running at 94% capacity, which for anyone who has taken a class on queuing theory nows is terrible news. Even the smallest changes in supply coming into, or out of, the refineries will translate into steep increases all along the supply chain. The analyst they spoke with projects prices to add another quarter this summer, assuming of course that no hurricanes force a halt to refining. Sadly it looks like my prediction of $3.50 a gallon gasoline this summer may come true.

dando
07-07-06, 08:50 PM
'Fortunately' we're @ $3 now. Can't wait for the drive to NJ in a week. :( :shakehead I have flights from here to PHL (it's a long, long story) that will cost less than driving. :thumbup:

Boy, I sure hope NJ gets its budget crisis resolved by then....last summer it was brokeback governor, and this year the govt. is shut down. :saywhat:

-Kevin

cameraman
07-07-06, 08:58 PM
It's $2.85 here but all our refineries are in town and the crude comes from Colorado, Utah, Wyoming and Canuckistan. Arabs, hurricanes and Californians are not really an issue in the Salt Lake Valley.

Robstar
07-08-06, 08:49 AM
I paid $1.499 today

I did the maths for you lot... 1.11971 USD

:shakeshead:

:cool:

Robstar
07-08-06, 08:51 AM
Forgot to mention...

WASN'T EVEN PREMIUM!!!

WickerBill
07-08-06, 08:53 AM
That's per litre, I hope. If it is per US gallon, we're invading. Tonight.

TrueBrit
07-08-06, 09:04 AM
Regular is $3.18 at the local BP, unfortunately I have to use premium at $3.38/gal.... :flame:

chop456
07-08-06, 09:30 AM
$2.95 @ 45mpg and still laughing at all the single :gomer: commuting in their Excursions.

Robstar
07-08-06, 09:43 AM
That's per litre, I hope. If it is per US gallon, we're invading. Tonight.

Tis per litre... but you guys use more than us... :D

oddlycalm
07-08-06, 10:01 AM
$2.95 @ 45mpg and still laughing at all the single :gomer: commuting in their Excursions. If they drive the average of 15,000mi/yr it's costing them around $4200/yr or $350/mo. Happy to be doing other things with that money.

oc

WickerBill
07-08-06, 12:19 PM
I've decided my magic number is 50mpg @ $3ish/gal... sell me a car that gets 50mpg average, holds my children in the back, and doesn't come with a surcharge that eliminates the savings, I'm in, unless it's a diesel (which my daughter has an allergic reaction to, come to find out).

I realize that's jaded and very "ugly American" of me. Old dog, new tricks, you know.

KLang
07-08-06, 02:11 PM
Regular is $3.18 at the local BP, unfortunately I have to use premium at $3.38/gal.... :flame:

I paid $3.09 for premium today. :p

I haven't heard lately if ethenol production has caught up with demand. If so, I don't expect prices to ever come down.

racermike
07-08-06, 02:20 PM
Most around Portland are about $2.97

Lowest at Arco/BP for $2.87, and saw highs around downtown for about $3.12

grungex
07-08-06, 06:18 PM
It looks like I'll be paying $3.47 for premium tonight. :flame:

oddlycalm
07-08-06, 09:55 PM
I realize that's jaded and very "ugly American" of me. Old dog, new tricks, you know. Not sure why you feel there's some negative connotation as it sounds like good common sense to me for anyone that has to put on some serious mileage.

oc

racer2c
07-08-06, 10:47 PM
And here I just bought a brand new boat last week. Today I filled the boat and the truck up and it it cost me $149. Which is nothing, I've been getting gas at the marina next to cruisers and yachts where these high rollers will drop $500 on gas without even blinking an eye. There is allot of money in the US. A lot! It never ceases to amaze me.

And they love their SUV's.

Sean O'Gorman
07-09-06, 10:36 AM
I paid between $2.80 and $2.99 on my trip up from Atlanta yesterday. Got 32 mpg in my MR2 towing a 130 lb trailer with 6 wheels/tires on it. :cool:

grungex
07-09-06, 10:38 AM
What kind of trailer are you using?

Sean O'Gorman
07-09-06, 10:49 AM
http://www.harborfreight.com/cpi/ctaf/displayitem.taf?Itemnumber=42708

race chica
07-09-06, 11:21 PM
Greenbelt MD, regular gas is $3.25...Minnesota here i come. LOL

Wally
07-09-06, 11:39 PM
I paid 3.29 for diesel yesterday in Gunnison Colorado..... :shakehead

G.
07-10-06, 10:54 AM
$3.20 at the cheap place this week. :(

anait
07-10-06, 12:07 PM
Am I doing this conversion right?? I get $4.91-5.08/US gallon...if we're paying between $1.08-1.11 per litre... Yikes. We're going on a two week road trip this summer, but thankfully it's a work trip. No way we could justify that much ourselves...

cameraman
07-10-06, 12:59 PM
Nope. There are 3.79 liters per US gallon. So 1.11CDN * 3.79 = 4.21CND/gallon.

1. CDN = 0.8982 USD so 4.21 * 0.8982 = 3.78 USD/gallon

eiregosod
07-10-06, 01:40 PM
far too effin much for petrol.

Thank God for the cheap dollar!

Ankf00
07-10-06, 02:56 PM
2.85, it was 2.62 a week and half ago...

emjaya
07-10-06, 10:43 PM
Aust $1.22/L last night.Is supposed to rise to $1.48/L by the end of next week. :eek:

KIM Jong Il is to blame, apparently. :saywhat: :shakehead

Tifosi24
07-13-06, 01:32 PM
Well, with a looming Israeli invasion of Lebanon I thought I would give this thread a bump. I am about to head out of town for the weekend, so I am ready for the shock of having to fill up. In Milwaukee the news has been reporting an average for 87 octane at $3.14 a gallon. I am guessing it will be around $3.25 before the end of the weekend.

JLMannin
07-15-06, 09:07 AM
Two truck stops north of Indy are waging a price war - gas was 2.74 a couple of days ago. (Exits 139 and 140 off I-65 for you local types) As the price of oil in the futures market has increased to 77+/barell, the gas prices here in Indy have been flat, really.

Sean O'Gorman
07-15-06, 01:24 PM
Here is where I get my gas:

http://img.photobucket.com/albums/v220/echeatham/F8714E87971F5995C4B243508066D627.jpg

Racing Truth
07-15-06, 02:26 PM
Two truck stops north of Indy are waging a price war - gas was 2.74 a couple of days ago. (Exits 139 and 140 off I-65 for you local types) As the price of oil in the futures market has increased to 77+/barell, the gas prices here in Indy have been flat, really.

Give it time. It will rise soon.

The longer this goes, well, if you like $3 gas, you'll love $4!

dando
07-16-06, 11:16 PM
$2.93 on the PA turnpike on the way to OCNJ....$3.06 in OCNJ.

BTW, 4Runner was in my thoughts as I travelled the dreaded Schuylkill 'expressway' on Sat. :( RIP, buddy.

-Kevin

Car-B-Q
07-17-06, 12:07 AM
Just got back from Toronto and Ohio.
Cheapest gas I found during the trip was $2.71 at a truck stop in the middle of Ohio (on I-70, east of C-Bus). Paid 1.04 CDN in Ontario, because I forgot to get gas before crossing into Canuckistan (D'Oh!).

It looked like most places were right at the $3 mark from what I could see. There were just as many places I saw at $2.89 as I saw at $3.09 (and everywhere in between). I didn't even look around here yet, but its likely in the $3.20 range as we always seem to be a bit higher.

skaven
07-18-06, 10:29 AM
In BOS on the ZAG-MUN-BOS-DEN-EGE trip...

Euro95 was approx. 7 kuna/ litre along the Adriatic.

:gomer:

eiregosod
07-18-06, 01:26 PM
€1.21/liter

Tifosi24
07-18-06, 03:57 PM
Just got back from the grocery store and saw that the Clark station is up to $3.25 or $3.30 a gallon for the cheap stuff. I didn't pay much attention because the prices are just plain ridiculous. That station tends to have prices that are on par with the entire Milwaukee area.

cameraman
07-18-06, 04:04 PM
regular gas is about $2.79 in Salt Lake at the moment.

Spicoli
07-18-06, 04:18 PM
T. booney Pickems sez we are headed to 4 bucks.



american. :shakehead

cameraman
07-18-06, 05:01 PM
He's still alive?

cartman
07-18-06, 05:04 PM
Way too much, $3.17 for premium, $2.95 for regular.

Spicoli
07-18-06, 05:43 PM
He's still alive?

Yep. Sall him on the TeeBee lass nite.

And he's still richer than all you mofos on this here board. :gomer:

Ankf00
07-18-06, 05:56 PM
He's still alive?
and single handedly turning Okie St. athletics into one of the "haves" from being a "have-not"

eiregosod
07-18-06, 06:29 PM
time to start speculating in the market.

Ankf00
09-24-06, 03:31 PM
2.10


w00t.

dando
09-24-06, 04:47 PM
Gas was dropping to $2 and a bit under, but this week it went back up to $2.24ish/....despite the fact that oil dropped below $60. :saywhat:

-Kevin

indyfan31
09-24-06, 07:57 PM
The "cheapest" around here is about $2.55, and we're dancin' in the aisles to pay it.

extramundane
09-24-06, 08:16 PM
We've been sub-$2.10 for a couple weeks now, yet across town is still in $2.50 territory. Go figure.

Kahauna Dreamer
09-24-06, 10:44 PM
$2.58 as seen in San Francisco/Oakland/Berkeley today...

stroker
09-24-06, 11:32 PM
$1.99 for regular in Columbia, MO, as of the last week.

nrc
09-24-06, 11:54 PM
Quick! Go crank up the SUV before that nutjob in Venezuela turns off the spigot.:p

Stu
09-25-06, 09:52 AM
I normally don't care about gas prices, they don't have much impact on me these days, however I was pleased to see $1.98 at the local BP.

Analysts were saying 2 dollar fuel around Thanksgiving. Turkey Day come early in 2006. :D

rabbit
09-25-06, 10:00 AM
Filled up for $1.95/gal. yesterday at the Pilot station in Beaverdam, Oh. :thumbup:

WickerBill
09-25-06, 11:34 AM
Saw $1.99 half a mile after I filled up at $2.08. I thought maybe if I kept going down that same street it might be under a buck in a few miles... no luck.

Analysts saying $1.50 at Christmas...

chop456
09-25-06, 11:42 AM
$2.65 for B11 Biodiesel.

WickerBill
09-25-06, 11:51 AM
Although let me say, the price of gas is way too low compared to the price of a barrel of crude right now; at $60 a barrel, gas should be around $2.50; historically, at $2.00 a gallon (in the midwest) a barrel should be right around $48.

So, that means A. the price of crude is expected to continue its tumble, or B. we have built up such a reserve / overstock that big oil is selling low to clear out some stockpile.

And how does the weak USD play in to this?

Andrew Longman
09-25-06, 12:01 PM
The price of gas is also tied to demand. Summer is over demand is off. The issue is the gas companies keep very little extra production/refining capacity because, like any business, they want to run lean. Raising prices when demand goes up has the unsurprising effect of reducing demand. People drive less and buy more efficient cars. But they have to raise prices so much (and well beyond what the price of crude dictates) that they also make a ton of money. Stockholder like that. Go figure.

Elmo T
09-25-06, 12:12 PM
Do they still have to pay employees to pump in the gas too in NJ? :shakehead

You don't have to travel far to see a big difference in price. Gas here in Central Bucks County is far more expensive than traveling north a few miles or out in "rural" PA. We took the kids to HersheyPark this weekend and gas was nearly 40 cents less out that way ($2.10).

KLang
09-25-06, 12:36 PM
The price of gas is also tied to demand. Summer is over demand is off. The issue is the gas companies keep very little extra production/refining capacity because, like any business, they want to run lean. Raising prices when demand goes up has the unsurprising effect of reducing demand. People drive less and buy more efficient cars. But they have to raise prices so much (and well beyond what the price of crude dictates) that they also make a ton of money. Stockholder like that. Go figure.

Isn't another issue the change away from the 'summer blend'. They were forced to substitute ethanol for MTBE but there wasn't enough ethanol production to meet demand.

Ankf00
09-25-06, 12:52 PM
The price of gas is also tied to demand. Summer is over demand is off. The issue is the gas companies keep very little extra production/refining capacity because, like any business, they want to run lean. Raising prices when demand goes up has the unsurprising effect of reducing demand. People drive less and buy more efficient cars. But they have to raise prices so much (and well beyond what the price of crude dictates) that they also make a ton of money. Stockholder like that. Go figure.
well go back 10 years ago and gas producers were losing money hand over fist because of all the excess capacity they had. only these past years are they finally pushing their production to the limit.