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Postby JohnnyTitan » Sun Aug 28, 2005 11:05 pm

CNN says the hurricane will most likely cause gas prices to spike tomorrow.
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Postby Mercer Boy » Sun Aug 28, 2005 11:17 pm

I am getting it first thing in the morning...I'm hoping it doesn't go up before 8 AM! :-o :-o
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Postby J2thez929 » Mon Aug 29, 2005 12:18 am

Great! Its already freakin 3 bucks a gallon and they are calling for a spike! I'm soooooooooo sick of this s*%#!!!!
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Postby awwchrist » Mon Aug 29, 2005 12:20 am

if I didn't have kids to drive around, I'd take the cash it takes to buy a tank of gas and get into a bus pass.

seriously...it's ridiculous.
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Postby Redskins Win » Mon Aug 29, 2005 8:20 am

These oil companies are just looking for any reason to increase gas prices. No one said they would go up after the last hurrican hit FL, so why hitting the french quarter make a big difference. I know I know it'll probably hit part of TX but good grief cut us some slack.
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Postby SwiperNoSwiping » Mon Aug 29, 2005 8:55 am

Redskins Win wrote:These oil companies are just looking for any reason to increase gas prices. No one said they would go up after the last hurrican hit FL, so why hitting the french quarter make a big difference. I know I know it'll probably hit part of TX but good grief cut us some slack.


Yeah, I thought I heard they had to shut some stuff down, but still I would like to think what we are paying now is more than enough right now. Ouch. Great time to play a trip to drive 2500 miles. :~(
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Postby Plindsey88 » Mon Aug 29, 2005 9:14 am

Redskins Win wrote:These oil companies are just looking for any reason to increase gas prices. No one said they would go up after the last hurrican hit FL, so why hitting the french quarter make a big difference. I know I know it'll probably hit part of TX but good grief cut us some slack.


25% of the domestic oil produced by the US comes from oil platforms in the Gulf of Mexico.... Those platforms have been closed for days, and may be severely damaged and stay shutdown much longer.... Aside from that, 20% of the foreign oil that the US imports comes into the US through the Port of New Orleans....

And then we have to consider the fact that 25% of all the domestic oil refineries which turn crude oil into gasoline for US consumption are located on the gulf coast, as well....

The end result is a drastically reduced supply of both foreign and domestic oil, as well as a diminished capacity to turn the remaining oil supplies into gasoline.... Do not be surprised if gasoline hits $4.00 per gallon this week.....
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Postby whoseyourdaddy12 » Mon Aug 29, 2005 9:17 am

Plindsey88 wrote:
Redskins Win wrote:These oil companies are just looking for any reason to increase gas prices. No one said they would go up after the last hurrican hit FL, so why hitting the french quarter make a big difference. I know I know it'll probably hit part of TX but good grief cut us some slack.


25% of the domestic oil produced by the US comes from oil platforms in the Gulf of Mexico.... Those platforms have been closed for days, and may be severely damaged and stay shutdown much longer.... Aside from that, 20% of the foreign oil that the US imports comes into the US through the Port of New Orleans....

And then we have to consider the fact that 25% of all the domestic oil refineries which turn crude oil into gasoline for US consumption are located on the gulf coast, as well....

The end result is a drastically reduced supply of both foreign and domestic oil, as well as a diminished capacity to turn the remaining oil supplies into gasoline.... Do not be surprised if gasoline hits $4.00 per gallon this week.....


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Postby Redskins Win » Mon Aug 29, 2005 9:22 am

Plindsey88 wrote:
Redskins Win wrote:These oil companies are just looking for any reason to increase gas prices. No one said they would go up after the last hurrican hit FL, so why hitting the french quarter make a big difference. I know I know it'll probably hit part of TX but good grief cut us some slack.


25% of the domestic oil produced by the US comes from oil platforms in the Gulf of Mexico.... Those platforms have been closed for days, and may be severely damaged and stay shutdown much longer.... Aside from that, 20% of the foreign oil that the US imports comes into the US through the Port of New Orleans....

And then we have to consider the fact that 25% of all the domestic oil refineries which turn crude oil into gasoline for US consumption are located on the gulf coast, as well....

The end result is a drastically reduced supply of both foreign and domestic oil, as well as a diminished capacity to turn the remaining oil supplies into gasoline.... Do not be surprised if gasoline hits $4.00 per gallon this week.....


Thanks Plindsey
You should check with Exxon or Mobil to see if they have a Corportate communication or PR spot available ;-D
To me though, it's still just another reason for a gas hike. So do you anticipate a return to normal overpriced gas or will it remain above $3 just because they can?
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Postby Plindsey88 » Mon Aug 29, 2005 9:29 am

Redskins Win wrote:
Plindsey88 wrote:
Redskins Win wrote:These oil companies are just looking for any reason to increase gas prices. No one said they would go up after the last hurrican hit FL, so why hitting the french quarter make a big difference. I know I know it'll probably hit part of TX but good grief cut us some slack.


25% of the domestic oil produced by the US comes from oil platforms in the Gulf of Mexico.... Those platforms have been closed for days, and may be severely damaged and stay shutdown much longer.... Aside from that, 20% of the foreign oil that the US imports comes into the US through the Port of New Orleans....

And then we have to consider the fact that 25% of all the domestic oil refineries which turn crude oil into gasoline for US consumption are located on the gulf coast, as well....

The end result is a drastically reduced supply of both foreign and domestic oil, as well as a diminished capacity to turn the remaining oil supplies into gasoline.... Do not be surprised if gasoline hits $4.00 per gallon this week.....


Thanks Plindsey
You should check with Exxon or Mobil to see if they have a Corportate communication or PR spot available ;-D
To me though, it's still just another reason for a gas hike. So do you anticipate a return to normal overpriced gas or will it remain above $3 just because they can?


Hard to say.... Depends on what kind of damage the platforms and refineries sustain.... Ivan caused major platform shutdowns for 3 months.... Katrina could be much worse.... We won't know until the storm clears and crews can survey the damage.... The major driving factor, though, will be what happens to the prices of the remaining barrells of oil... This morning prices spiked to over $70.00 per barrell.... So I guess we'll have to wait and see if that comes back down....

:-o
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