Gasoline prices

[Frankie]

Wow. We just filled up our truck @ $3.77. It's been in the $3.85-$4 range for weeks. I can't remember when it took a drop like that.

 

[Green Creek]

Oil came down $10 a barrel in the past two days. Bloomberg says the commodity market has peaked, we'll see. Corn is coming down too.

 

[bigbull338]

heres hoping the oil an corn market bust so bad they cant give the stuff away.

 

[mwj]

Our gas went up 8 cents today to $4.07 :???:

 

[Beef08]

Ours has gone up from $3.99 to $4.05

 

[Dave]

Gas here is holding steady at $4.35. Diesel went up over $5.00 last week.

 

[Horticattleman]

Wow. We just filled up our truck @ $3.77. It's been in the $3.85-$4 range for weeks. I can't remember when it took a drop like that.

Its been $4 for a while here. I am paying almost $5 for diesel.

 

[VanC]

Filled up Friday and it was 4.08. Haven't looked since then....too depressing. Pretty sad when 3.75 makes us feel good.

 

[TexasBred]

Filled up with diesel this morning at $4.57....regular unleaded gas was $3.91

 

[Lammie]

Filled up the 2500 diesel on Saturday. Right at $121.00. Now costs me $12 in gas just to mow the lawn.

$15.00 here.

 

[angie1]

Filled my truck Monday ~ $3.99. Total fill was $88.06 (Hate it when I try to stop on the dollar and go over). I hesitate to fill it at those prices, always worry it will finally die for good with half a tank of gas in it. Oh well ~ at least the tires are completely shot. I guess I would feel good about that part.

 

[BC]

Diesel jumped from $4.54 to $4.73 yesterday. I thought oil went down over $9.00 a barrel. What gives?

 

[Lammie]

It was still 3.93 when I filled up today in Cleburne and we usually have some of the cheapest gas anywhere.

 

[Lammie]

Filled my truck Monday ~ $3.99. Total fill was $88.06 (Hate it when I try to stop on the dollar and go over). I hesitate to fill it at those prices, always worry it will finally die for good with half a tank of gas in it. Oh well ~ at least the tires are completely shot. I guess I would feel good about that part.

Yes, when my truck burned it had half a tank of gas and four good tires on it. The front two popped before we could get the fire out.

 

[Brute 23]

heres hoping the oil an corn market bust so bad they cant give the stuff away.

Not sure about in your area, but if the oil market busts... there will be way more people out of jobs and hurting than now... with the high gas prices. Lots of people depend on the oil field.

 

[Frankie]

This is a disappointment. I had hoped the $3.77 was the start of a drop in prices around the country.

 

[TexasBred]

Gas went down to $3.89 here today. Just checked corn...$7.04 Dec. futures price. Cash price about $6.40....that's down some.

 

[shutskytj]

Our gas which is I guess the 2nd highest in the country is around 4.35 a gallon

 

[Oldtimer]

Gas here is now $4.19 a gallon- unless it jumped again today :roll:

The following letter is being circulated on the internet on Letterhead of all the major airlines...This is the second of this type e-mails I have received from this organization http://www.StopOilSpeculationNow.com. , which has a location on its site to send e-mails to your congressmen....Apparently the letter is legit- as once today when I was sadly watching the wreck of calves selling (most no saled) on the Superior Video sale :cry2: - they had technical difficulties- and I switched over to C-SPAN and watched Senator Levin read this into the Senate record....

Interestingly- because of the high fuel costs and the economy-- we no longer have Airline service to our area (anywhere north of Billings)- so effectively no north south public transportation- which has made it extremely tough on the elderly and the handicapped that have to doctor in Billings...

Dear Mrs. Pamela S Vankekerix,

Last week, crude oil hit an all-time high of $146, and the skyrocketing cost of fuel is impacting our customers, our employees, the communities we serve, and the economy as a whole. United, and the majority of other major U.S. airlines, are asking our most loyal customers to join us in pushing for legislation to add more transparency and disclosure in the oil markets. Please see the attached open letter from the leaders of the U.S. airline industry.

-----------------------------------------------



An Open letter to All Airline Customers:

Our country is facing a possible sharp economic downturn because of skyrocketing oil and fuel prices, but by pulling together, we can all do something to help now.

For airlines, ultra-expensive fuel means thousands of lost jobs and severe reductions in air service to both large and small communities. To the broader economy, oil prices mean slower activity and widespread economic pain. This pain can be alleviated, and that is why we are taking the extraordinary step of writing this joint letter to our customers. Since high oil prices are partly a response to normal market forces, the nation needs to focus on increased energy supplies and conservation. However, there is another side to this story because normal market forces are being dangerously amplified by poorly regulated market speculation.

Twenty years ago, 21 percent of oil contracts were purchased by speculators who trade oil on paper with no intention of ever taking delivery. Today, oil speculators purchase 66 percent of all oil futures contracts, and that reflects just the transactions that are known. Speculators buy up large amounts of oil and then sell it to each other again and again. A barrel of oil may trade 20-plus times before it is delivered and used; the price goes up with each trade and consumers pick up the final tab. Some market experts estimate that current prices reflect as much as $30 to $60 per barrel in unnecessary speculative costs.

Over seventy years ago, Congress established regulations to control excessive, largely unchecked market speculation and manipulation. However, over the past two decades, these regulatory limits have been weakened or removed. We believe that restoring and enforcing these limits, along with several other modest measures, will provide more disclosure, transparency and sound market oversight. Together, these reforms will help cool the over-heated oil market and permit the economy to prosper.

The nation needs to pull together to reform the oil markets and solve this growing problem.

We need your help. Get more information and contact Congress by visiting http://www.StopOilSpeculationNow.com.





Robert Fornaro
Chairman,
President and CEO
AirTran Airways

Bill Ayer
Chairman,
President and CEO
Alaska Airlines, Inc.

Gerard J. Arpey
Chairman,
President and CEO
American Airlines, Inc.




Lawrence W. Kellner
Chairman and CEO
Continental Airlines, Inc.

Richard Anderson
CEO
Delta Air Lines, Inc.

Mark B. Dunkerley
President and CEO
Hawaiian Airlines, Inc.




Dave Barger
CEO
JetBlue Airways
Corporation

Timothy E. Hoeksema
Chairman,
President and CEO
Midwest Airlines

Douglas M. Steenland
President and CEO
Northwest Airlines, Inc.




Gary Kelly
Chairman and CEO
Southwest Airlines Co.

Glenn F. Tilton
Chairman,
President and CEO
United Airlines, Inc.

Douglas Parker
Chairman and CEO
US Airways Group, Inc.

 

[ga. prime]

It's almost gotten to the point where it's more economical to process steel here than to ship the raw materials (ore, recyclables) to China, have them processed there and then have them shipped back here.