Page 1 of 2 12 LastLast
Results 1 to 15 of 17
  1. #1
    Addict
    Points: 82,511, Level: 89
    Level completed: 32%, Points required for next Level: 1,239
    Overall activity: 0%
    Achievements:
    SocialVeteran50000 Experience Points
    tigershoops31's Avatar
    Join Date
    Apr 2006
    Location
    Ames
    Posts
    5,399
    Points
    82,511
    Level
    89
    Thumbs Up
    Received: 14
    Given: 55

    Whats up with gas prices?

    I think it's gone up something like 20 cents a gallon in Ames over the last few days...anybody know what gives?



    Im just glad I have Homan as my bodyguard, Eustachy joked. If I ever make it real big and get to drive a limo everyday, hell be driving it. I thought he came off the bench like somebody was stealing his cow or something.

    http://blogs.dmjuice.com/?cat=43

  2. #2
    Starter
    Points: 13,265, Level: 34
    Level completed: 88%, Points required for next Level: 85
    Overall activity: 0%
    Achievements:
    Veteran10000 Experience Points
    CycloneJoe's Avatar
    Join Date
    Jan 2009
    Location
    Carson City
    Posts
    877
    Points
    13,265
    Level
    34
    Thumbs Up
    Received: 1
    Given: 0

    Re: Whats up with gas prices?

    Oil is up $20 a barrell since Feb




    If you have a problem - if no one else can help - and if you can find
    them - maybe you can hire: The A-Team.

  3. #3
    Addict
    Points: 65,711, Level: 79
    Level completed: 54%, Points required for next Level: 739
    Overall activity: 0%
    Achievements:
    Veteran50000 Experience Points
    CyinCo's Avatar
    Join Date
    Mar 2006
    Location
    Clive, IA
    Posts
    5,433
    Points
    65,711
    Level
    79
    Thumbs Up
    Received: 36
    Given: 0

    Re: Whats up with gas prices?

    It is always hard to tell. I know OPEC made a comment recently about wanting a barrel of oil to cost a certain amount. I don't recall what that amount was...maybe 55 or 60. Anyway, they are probably reducing supply to drive up prices. I don't really know.


    ISU Grad 1997.
    ISU Fan for Life.

    Not in CO anymore but I'm not changing my name :)

  4. #4
    Starter
    Points: 11,223, Level: 31
    Level completed: 97%, Points required for next Level: 27
    Overall activity: 1.0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    Apr 2009
    Posts
    813
    Points
    11,223
    Level
    31
    Thumbs Up
    Received: 0
    Given: 0

    Re: Whats up with gas prices?

    Quote Originally Posted by tigershoops31 View Post
    I think it's gone up something like 20 cents a gallon in Ames over the last few days...anybody know what gives?
    There is, surprise, surprise, speculation in the oil markets; the speculators are betting that the recession is moderating and that the economy will recover sooner than expected. That being the supposition, those guys feel that as the stock market goes up, the demand for gas will eventually follow. Remember that the stock market normally recovers before the actual economy starts to grow and way before job losses cease. So, look for gas prices to follow the stock market, if not precisely to track it. Moral? Don't buy that gas-hog suv, thinking that gas will stay below $2.50; ain't gonna happen.



  5. #5
    Starter
    Points: 30,504, Level: 53
    Level completed: 69%, Points required for next Level: 346
    Overall activity: 2.0%
    Achievements:
    Recommendation Second ClassVeteran25000 Experience Points
    tzjung's Avatar
    Join Date
    Mar 2007
    Location
    Des Moines, IA
    Posts
    965
    Points
    30,504
    Level
    53
    Thumbs Up
    Received: 54
    Given: 103

    Re: Whats up with gas prices?

    I've got an idea..its a fact that oil always goes up as demand increases for Memorial day travel. Lets all buy oil futures and wait to sell that week. Our speculation oil purchases will drive up the price even further, and we can get $4.00 / gallon prices AND WE ALL PROFIT!! WOO HOO!!

    #1 REASON OIL DOES NOT FOLLOW SUPPLY AND DEMAND LAWS!!!



  6. #6
    Addict
    Points: 86,763, Level: 91
    Level completed: 64%, Points required for next Level: 687
    Overall activity: 4.0%
    Achievements:
    SocialVeteran50000 Experience Points

    Join Date
    Apr 2006
    Location
    Hudson, Iowa
    Posts
    8,107
    Points
    86,763
    Level
    91
    Thumbs Up
    Received: 36
    Given: 49

    Re: Whats up with gas prices?

    Less uncertaininty in the world = higher prices.

    Watch out. If inflation sets in like many economists are predicting, it will make gas very expensive for U.S. citizens.



  7. #7
    Burgermeister!
    Points: 359,578, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 7.0%
    Achievements:
    SocialVeteran50000 Experience Points
    TykeClone's Avatar
    Join Date
    Oct 2006
    Posts
    22,929
    Points
    359,578
    Level
    100
    Thumbs Up
    Received: 265
    Given: 512

    Re: Whats up with gas prices?

    Quote Originally Posted by Bobber View Post
    Less uncertaininty in the world = higher prices.

    Watch out. If inflation sets in like many economists are predicting, it will make gas very expensive for U.S. citizens.
    If inflation sets in like they're predicting, it will make everything very expensive for us.



  8. #8
    Recruit Achievements:
    Veteran5000 Experience Points

    Join Date
    Apr 2006
    Posts
    88
    Thumbs Up
    Received: 0
    Given: 0

    Re: Whats up with gas prices?

    It could be because it's move out week. The prices will go back down in two weeks



  9. #9
    Speechless
    Points: 406,143, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 13.0%
    Achievements:
    SocialVeteran50000 Experience Points
    alarson's Avatar
    Join Date
    Mar 2006
    Location
    West Des Moines, IA
    Posts
    21,156
    Points
    406,143
    Level
    100
    Thumbs Up
    Received: 326
    Given: 135

    Re: Whats up with gas prices?

    Yeah, that always happens in ames. Better to fill up in des moines if your route back takes you through there. Being from WDM, i always filled up the tank when i came home, bc it was always 10-15 cents cheaper here.



  10. #10
    Speechless
    Points: 215,417, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 8.0%
    Achievements:
    Veteran50000 Experience PointsOverdrive

    Join Date
    Apr 2006
    Posts
    27,176
    Points
    215,417
    Level
    100
    Thumbs Up
    Received: 423
    Given: 43

    Re: Whats up with gas prices?

    Quote Originally Posted by Bobber View Post
    Less uncertaininty in the world = higher prices.

    Watch out. If inflation sets in like many economists are predicting, it will make gas very expensive for U.S. citizens.
    I always thought that MORE uncertainty and unrest worldwide caused prices to rise.

    Actually it has more to do with speculation. Retracement back towards the extreme highs. The irony of the whole thing is that lower energy prices fuels the recovery, but if recovery is deemed to be happening that speculators will drive prices higher anticipating higher demand.



  11. #11
    Addict
    Points: 86,763, Level: 91
    Level completed: 64%, Points required for next Level: 687
    Overall activity: 4.0%
    Achievements:
    SocialVeteran50000 Experience Points

    Join Date
    Apr 2006
    Location
    Hudson, Iowa
    Posts
    8,107
    Points
    86,763
    Level
    91
    Thumbs Up
    Received: 36
    Given: 49

    Re: Whats up with gas prices?

    Quote Originally Posted by Stormin View Post
    I always thought that MORE uncertainty and unrest worldwide caused prices to rise.
    I should have phrased that better. The less economic uncertainty = stronger prices.



  12. #12
    Starter
    Points: 18,624, Level: 41
    Level completed: 64%, Points required for next Level: 326
    Overall activity: 0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    Nov 2006
    Location
    Lakewood Ranch, FL
    Posts
    724
    Points
    18,624
    Level
    41
    Thumbs Up
    Received: 2
    Given: 6

    Re: Whats up with gas prices?

    There have been several refinery shutdowns in the last month because of the drop in demand and an increase in inventories. The price of crude and gas on the enchanges is up over 10% in the last 10 days.

    That being said, the price of gas in Des Moines has not gone up that much in the last few days.



  13. #13
    Hall-Of-Famer
    Points: 56,432, Level: 73
    Level completed: 59%, Points required for next Level: 618
    Overall activity: 19.0%
    Achievements:
    Veteran50000 Experience Points
    pulse's Avatar
    Join Date
    Mar 2006
    Posts
    4,660
    Points
    56,432
    Level
    73
    Thumbs Up
    Received: 51
    Given: 52

    Re: Whats up with gas prices?

    It simple, Memorial Day is in a few weeks. They're just ramping up the prices in preparation.



  14. #14
    Hall-Of-Famer
    Points: 52,442, Level: 70
    Level completed: 93%, Points required for next Level: 108
    Overall activity: 16.0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Aug 2006
    Posts
    3,744
    Points
    52,442
    Level
    70
    Thumbs Up
    Received: 144
    Given: 223

    Re: Whats up with gas prices?

    I agree with pulse, they always jack it up before a holiday and summer driving season.



  15. #15
    Rookie
    Points: 19,765, Level: 42
    Level completed: 91%, Points required for next Level: 85
    Overall activity: 1.0%
    Achievements:
    SocialVeteran10000 Experience Points
    ISU_REV's Avatar
    Join Date
    Apr 2006
    Posts
    559
    Points
    19,765
    Level
    42
    Thumbs Up
    Received: 2
    Given: 0

    Re: Whats up with gas prices?

    Looks like they are climbing in Des Moines
    Attached Files Attached Files



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: FOX
  • Iowa State vs. Baylor
  • September 27, 2014
  • 07:20 PM