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Old August 28th, 2005, 04:25 PM   Digg it!   #1 (permalink)
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Fill up your gas tanks...

My own little prediction is prices will take anouther LARGE leap over this week do in part to Katrina's destruction. I believe you will be able to burn a little of what I call "tank equity" as the gas you burn later in the week will undoubtably be far more expensive than it is even today.
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Old August 28th, 2005, 05:00 PM     #2 (permalink)
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Yeah, these days ANY event is a reason to raise prices:

"Look, full moon, it's messing with the tides, must raise gas prices"
"We have detected a comet that might hit the earth in 2100, must raise gas prices now"
"King Abdulah died, must raise prices to honor him"
"Ooops, King Abdulah only went into a coma, but he woke up, must raise gas prices to celebrate."
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Old August 28th, 2005, 05:30 PM     #3 (permalink)
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Raise the prices!
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Old August 28th, 2005, 05:36 PM     #4 (permalink)
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raise the prices!

Going to be an expensive vacation this coming weekend =(
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Old August 28th, 2005, 05:40 PM     #5 (permalink)
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So if I fill up my tank and prices drop this week, can I sleep with your wife?

Only seems fair.
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Old August 28th, 2005, 06:16 PM     #6 (permalink)
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Quote:
Originally Posted by brandon184
So if I fill up my tank and prices drop this week, can I sleep with your wife?

Only seems fair.

Prices drop?

WTH is that?
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Old August 28th, 2005, 06:55 PM     #7 (permalink)
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While most gas price fluctuations in the past were sort of "imaginary", with speculations of the middle east, and other things, the threat of rising gas prices, and a real shortage of gas here in the US is possible.

There are several oil derricks in Katrina's way, and not to mention oil refineries that make our gasoline. If I remember correctly (and correct me if I'm wrong) there haven't been any new refineries built (or very few), so if we lose one or two, that's going to be a big deal.

Last edited by Elburn : August 28th, 2005 at 06:58 PM.
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Old August 28th, 2005, 06:58 PM     #8 (permalink)
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There are several oil derricks in Katrina's way, and not to mention oil refineries that make our gasoline.

The gulf coast region is responsible for 25% of US refinery operations.
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Old August 28th, 2005, 07:01 PM     #9 (permalink)
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The gulf coast region is responsible for 25% of US refinery operations.

So, it could potentially be bad if Katrina decides to lay the meteorological smack down.
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Old August 28th, 2005, 07:16 PM     #10 (permalink)
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we need to start taking over some more oil producing countries.
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