3.75 in edison NJ

I know someone who just got back from a cruise in Alaska and they said the locals are ALL FOR drilling up there. They were telling me they act like the Exxon/Valdeez incident was just a tiny area that was affected. Nature has done what it always has and recovered. The ocean floor up there leaks more oil in such and such a period than leaked from the crash.

The reason we BOUGHT Alaska was for it's oil. The governor, the locals, just about everyone is ready for drilling. I think the caribou and polar bears even voted in favor for it. :rofl:

3.75 here in atlantic city today

4.28 for premium in Rio Grande today, hell that's as expensive as it is up here in PA.

that not too bad for premium...4.25 here

Uhhhh...wtf is NJ doing?
Im talking to my friend that lives out in Cali. Payed 3.55 for premium this morning.

found this site today while looking on teh interwebs. you can search any place in NJ and it'll show you the current price of any grade of gas including diesel in the state. You can also submit a price for a certain station if you drive by one. Its a good way to see whose got the lowest prices around. Its noted that the highest prices by far in the state are at Exxon and Lukoil stations.

http://www.newjerseygasprices.com/index.aspx?fuel=A

Yeah driving down Rt 9 last night most stations were in the 3.73-3.79 range, but the Lukoil was still at 3.95 for regular (no one at their pumps either).

$3.99 for premium yesterday.

Where in Cali? Gasbuddy still shows nothing under $4 / gallon for premium out there.

- Justin

Yeah either your buddy was smoking crack or he was messing with you.

Ill have to ask him for a picture, but he said 3.55 for premium in San Fran.

That was probably 3.55 per liter! :lol:

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Nah...twas a gallon.

um...I predict a fail... http://www.sanfrangasprices.com/

maybe he meant today... last year.

Neg, he is laughing about it caues it was a one day special, 1 dollar off per gallon.
I still dont understand how its still 3.90 in some places. Gas dropped another 3 bucks yesterday, and right now, eh its up 2 and some change.

Bush is going to veto the Anti-Speculation act that is going through congress and the senate.
******** that he has nothing to do with this.

Is he really?!

Yeah, just announced on cnbc. Im looking for it on the site. That could drive price of oil higher now that speculators are done laying low.
Goodbye 122 per barrell, hello 160. Bush now has it in his hands. If he decided to veto this bill, to stop speculation which is one of the main drivers of oil, he will be DIRECTLY involved in making oil more expensive as well as driving more money into the hands of his friends.
Dont tell me thats bs and he has no ties to it. It will be HIS signature on the veto line, an action that only HE can do.

Only further proof that its the politicians driving up the price of oil and nobody else.

Speculation really doesn't have much effect on gas prices, people are grasping at straws on that one. Look a the price of a barrel of oil after Katrina/Rita, it was in the $60-65 range and gas was $3.25 a gallon. Now oil was recently up at $144 a barrel and gas was around $4.25. Oil more than doubled but gas only went up around 30%.

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but oil is purchased from OPEC at a certain price, and the other percentage of our oil supply is also purchased at a certain price. It reaches the states. Then the speculators on Wall Street decide how much over that purchase price the oil companies obtain the oil for. So if we buy oil from OPEC for $35/barrel, then the speculators are setting the selling price $100/barrel over purchase. Thats a $65/barrel profit. At a rate of even just 10 mil barrels a day, thats a DAILY profit of 650 million dollars.

Dollar is up...gold is down...Oil is up
They just announced that we are 3 million barrells short of what we thought we were.
Either 1) We slowed down importing barrells due to lower demand (yes)
2) demand went up since the last time we counted (no)

so reallly, this is speculation at its finest. Not cutting down on speculation is what is helping driving up the cost of oil.