Gas prices
 

I saw gas for $2.59/gal on the way to work today, in New Jersey, where they pump it for you. Seems great, but wasn't it less than a year and a half ago that gas about $1.75/gal?

It's 2.39/gal here. One week ago it was 2.59/gal and I nearly broke my neck filling up at that price. Naturally, after I did that, it went down .20 cents. It has been 3.15/gal.

Why is gas less expensive in Ohio than in Pennsylvania ans New Jersey? Is it closer to the source, closer to processing? No. I suppose it's more expensive because that's what the market will bear.

****Conspiracy theory alert!!!!*******
Red states are being rewarded by big oil for voting in the administration that has given them subsidies when they are making historic profits.

When you say Penna do you mean the Phila area? I think probably everything is more $$$ on the Eastern seaboard...after all, who wants to be in landlocked, humid, gloomy Ohio? At least you can get to the shore!

Katkeeper reports gas is $.20 cheaper in Harrisburg area than in Philadelphia area.

Most other basic things like groceries are cheaper in Hbg.

Bastards! ;)

So why is that? Is it just lower overhead from cheaper real estate? I figure transportation has to play a huge role. Is Pittsburgh more of a hub than Philly?

Don't know exactly! For sure the RE market is FAR cheaper in Harrisburg, and the labor.

Philly is a big port city and has several refineries. But you know what, I bet pipelines serve gas depots all the way to Harrisburg.

Harrisburg is a huge trucking hub because it's halfway between a lot of places.

Same is true in Allentown--although I can't claim the differential is quite $.20/gal. When I can, I buy my gas near work rather than near home.

$2.53 here in KC area, down from $2.89 a week ago. I almost choke on my tongue when I tell the wife during the morning drive that gas is more affordable than it was just a week ago.

Did *anyone* ever think they'd live to see the day that gas would be "only" $2.53 a gallon, and they'd be grateful?

Local Gas Prices:

Unleaded : €1,49/litre = $ 7,05/US Gallon
Diesel : € 1,10/litre = $ 5,45/US Gallon

PS apx 30% of the passenger cars here have diesel engine, their market share is rising.

PPS Net profit Shell first 6 months 2006 reached a record high of $14.800.000.000 (+39%) = $ 83 Mio/day = $ 3,45 Mio/hour = $ 57.500/sec. FcukinG GROSS

Strange...diesel is higher per gallon than unleaded here in the States right now. Didn't use to be that way years ago.

Well, since I have a decent grasp of inflation, I personally expect to still be alive to see the day that gas is only $10.00/gallon, and likely consider it a fair price at the time. When adjusted for inflation, gas is still cheaper today than it was in the early 1980s.

Correct me if I am wrong but wasn't diesel considered at one time the waste byproduct more or less when gas was refined or is my thinking all wrong? I can remember as a kid diesel being WAY cheaper than gas. I guess all the F350 Super Duty owners are kicking themselves right about now as the majority I see aren't used as a work truck, but more of a status symbol.

I paid $2.95 for self serve regular early this week. I'm pretty sure my tank before that was around $3.40 from the same gas station.