Fuel Prices are on the way up

[luvrbus]

Oil prices are on the rise some say 120.00 a barrel are just around the corner and that will put you in the 4.50  to 5.00 range do your trips early and keep it full

good luck

[lostagain]

Clifford,

whatever the price of a barrel, the price at the pump is more related nowadays to supply and demand of refined gasoline and diesel. The latest price spike is caused by a fire/explosion at the Chevron refinery in Richmond, CA, which tightens up supply all over western US and Canada. That's what I read last week anyway. We've owned and operated gas stations for 20 years and I still don't understand the reasons behind the ups and downs of gas prices, LOL.

JC

[luvrbus]

That does cause spikes in fuel prices JC but for every dollar increase in a barrel of oil it translates to .05 to .10 a gal at your friendly neighborhood stations lol not many of those left here 

I don't how operators stay in business playing a guessing game like paying 10,000 on a delivery and the next would cost 15,000 then the prices take a dive and they are stuck with a high price load of fuel

good luck

[belfert]

Trying to predict the price of oil is like trying to predict the stock market.  A month ago they were predicting gas would be at $3 a gallon by fall.

Gas stations make money by jacking up prices immediately even if the fuel in the tank is at the old price.  Prices always jump by huge increments like 25 cents in one day, but they never drop by 25 cents in one day.  Price drops always seems to take a week or more.

[4905 doc]

Supply and demand no longer applies.
The U.S. Energy Department projects that gasoline demand in the U.S. will fall for the third straight year this year, and drop again in 2013. The U.S. is burning about the same amount of gasoline it did in 2001. Consumption of all petroleum products, including diesel, jet fuel and heating oil has fallen even further, to 1997 levels.

But the lower costs for U.S. refiners means they can ship the fuel that Americans don't want abroad and still make a good profit. Exports of petroleum products reached a record 914 million barrels last year, and were the biggest U.S. export category by value. Petroleum product exports were 11 percent higher this year through May.

Seems that our great govt. in it's infinite wisdom changed the laws a few years back and allowed gas company's to sell refined fuel out of our country. 

[Lin]

They really do have gouging down to a science!

[luvrbus]

We never get a .25 cent jump in 1 day in AZ it goes up by .02 to .05 cents a gal per day here, it went up 2 cents today about .08 cents this week they slowly bleed you here lol

[Lee Bradley]

This doesn't belong on the main board! I will be joining BK.

[luvrbus]

Sorry to see you go Lee but I watch fuel price trends and try to keep folks updated I got caught up the 2007 fuel spike we left home fuel was a 1.40 cents a gal by the time we returned later in the year it was 4 bucks

Our Canadian friends here had a huge hard ship trying to go home in 2007 and 2008  a little future planning never hurt anyone, I don't care if the mods move the post or not means nothing to me I was just trying to help

[Len Silva]

When I bought my 4104 in 1985, I could fill it for about 5 hours salary.  I can assure you that I do not make $147.00/hour today which is what it would take now. Fuel prices are definitely relevant to bus conversion ownership unless you have a very high income or you are driving one of those new nuclear powered buses.

I hate to see anyone get their panties all wadded up over an internet post, but it's your call, we will miss you (and we certainly do miss BK)

[Lin]

I do no think that he was complaining about fuel prices being inappropriate, but rather the comment about gouging.  That could be taken as inviting controversy, so some would say that one can just mention the price and move on without adding an interpretation of the reason for the price change.  I can certainly see that point even if I might feel differently.

[Utahclaimjumper]

Boy Lee,!! if your getting all wadded up over the price of fuel,, you would really have gone ape over the board 15 years ago during the" bad ole days" when subjects were wide open and everone had a flame thrower. This board had many more members then than now and everyone had THICK skin.>>>Dan

[jjrbus]

It's the same thing over and over. They raise the price of fuel till it stalls the economy, then they have a large surplus, the price drops.  It's getting rather predictable.

Sure miss BK, Fast Fred and a bunch of others.                                    JIm

[Dave5Cs]

If this board gets any slower we will all be somewhere else eh.

Lost again is correct. We live 1-1/2 hours from Richmond Ca in Sacramento and it was just last week that chevron broke a pipe in the refinery and then the next day Shell did the same thing. it is still down and with an on going investigation. That night the local stations started telling how the prices were going to probably go up. The next morning their prices were raising up 11 to 23 cents. This week they are up 20 cents more and they say they don't know when it will open back up. Can you say Planned.
Then the diary farmer because of the drought have to raise their prices and so on.

[LowTide]

Lets hope they don't go too high. I have a 2600 mile trip coming up in October....sigh