Price of Gas

Discussion in 'Off-Topic' started by CardinalAndGold, Jul 19, 2010.

  1. CardinalAndGold

    Mar 9, 2010
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    Why hasn't the price of gas gone up this summer? It seems like every year it goes up at least 15% by this time. Not that I am complaining, but am just curious. Any experts out there know if it will go up by the end of the summer?
     
  2. dmclone

    dmclone Well-Known Member

    Oct 20, 2006
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    Not an expert but demand is down because of the poor economy. People around the world are driving less.
     
  3. Clonehomer

    Clonehomer Well-Known Member

    Apr 11, 2006
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    I wish it were true in Ames. The price of gas in Ames is consistently $0.10-$0.15 more expensive than it is in Des Moines or Ankeny. It is kinda ridiculous that it costs that much more to send the gas 30 miles North. Maybe the new HyVee gas station will be priced more closely with the metro area.
     
  4. alarson

    alarson Well-Known Member

    Mar 15, 2006
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    doubtful. probably similar suppliers.
     
  5. twojman

    twojman Well-Known Member

    Jun 1, 2006
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    Deflation is around the corner and poor economy. With no jobs nobody drives.
     
  6. DaddyMac

    DaddyMac Well-Known Member

    Oct 18, 2006
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    #6 DaddyMac, Jul 19, 2010
    Last edited: Jul 19, 2010
    Personal take (guess)....

    There's a major environmental disaster happening in the Gulf of Mexico. Millions, probably even billions, in lost revenues, incomes, etc. Gas companies aren't going to follow that up with more reports and inquiries into record profit quarters.
     
  7. NobodyBeatsCy

    NobodyBeatsCy Well-Known Member

    Apr 17, 2008
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    "Teacher, Teacher.... Weren't we supposed to have a quiz today?!?!"

    Geez - STFU before someone hears you!!! :wink:
     
  8. brianhos

    brianhos Moderator
    Staff Member Bookie

    Jun 1, 2006
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    Poor economy.
     
  9. besserheimerphat

    besserheimerphat Well-Known Member

    Apr 11, 2006
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    The Hy-Vee in Marshalltown has a gas station, and they do "gas busters" where you can save some money, usually $0.02 - $0.10 per gallon, when you show a receipt from Hy-Vee. They used to have specific items that netted you an additional $0.04/gallon/item discount. When the gas prices were the worst a few years ago, you could add the discounts and get up to $0.25/gallon off. Now I just wish they sold diesel...
     
  10. Cyclonestate78

    Cyclonestate78 Well-Known Member

    May 23, 2008
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    This. Let's not give any of these greedy bastards any ideas. :yes:
     
  11. Arkansas

    Arkansas Well-Known Member

    Nov 25, 2006
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    So what's the average gas price/gal in Iowa right now? Curious how it compares to here plus I may be coming back that way for awhile.
     
  12. BryceC

    BryceC Well-Known Member

    Mar 23, 2006
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    It's about 2.50 in Des Moines Arkansas.
     
  13. JD720

    JD720 Active Member

    Jan 3, 2009
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  14. hawkeyeh8r

    hawkeyeh8r Well-Known Member

    Jun 10, 2010
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    consider getting a membership at sams club if gas is too expensive. it is always at least 10 cents cheaper than the next cheapest place in ames. even with the membership fee each year. you more than save that money on just gas
     
  15. CloneIce

    CloneIce Well-Known Member

    Apr 11, 2006
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    Bad economy... when the economy finally gets going again, it'll probably shoot up to $4 again.
     
  16. cyclones500

    cyclones500 Well-Known Member

    Jan 29, 2010
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    Gas prices tend to spike around holidays, esp. high-travel ones (Memorial Day, Labor Day). Occasionally there'll be a big rise at other times. People freak out about it, and the price stays noticeably high for a while, then gradually dips back down at or near the original level.

    Like anyone else, I hate those periods when it's seemingly outrageous, but I take some of it with a grain of salt.
     
  17. LZclone

    LZclone Active Member

    Oct 2, 2008
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    We are running $2.75 here in Central Illinois, so it is probably over $3 in the Communist State of Chicago.

    But here is an oddity I dislike as a former Iowan...

    87 octane usually as no ethanol, while 89 has 10-15% based on suppliers.

    In Illinois (the 2nd largest corn producing state, behind Iowa) the ethanol blend runs you 10 cents more, where is Iowa it will run you 10 cents less?!?!?
     
  18. Cyclonestate78

    Cyclonestate78 Well-Known Member

    May 23, 2008
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    I agree with this also. A little Oliver Stone"ish" but in this day and age these types of things have become more and more common.
     
  19. Clark

    Clark Well-Known Member

    Jun 24, 2009
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    I think it's a combination of this and the economy. It really looks bad for them when they're pulling in record profits in a down economy. It looks even worse after such a major disaster.
     
  20. Jables22

    Jables22 Member

    Oct 15, 2007
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    Illinois must not have ethanol subsidies like IA does. I think MN "buys" the price of 10% ethanol down as well.
     

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