What are you paying for gas?

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Damn, I'm in the expensive part of Texas!!
Since I am guilty of being a psychic:rolleyes:, learn to read the tea-leaves:
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No, we're not gonna tap the SPR again either.
 
Since I am guilty of being a psychic:rolleyes:, learn to read the tea-leaves:
View attachment 113015
No, we're not gonna tap the SPR again either.
Yep oil has went from around $66 to over $80 over the past month or so. I track oil, go, silver, and some stock and bond markets on a spread sheet. Been interesting to watch the noose get tighter
 
It will get worse. See MY POST above.
Your gas is made from oil bought a month ago, and you can get a glimpse why it will be 15% higher next month.
Blame OPEC and some idiot shutting down drilling in this country :mad:.
Edit: Maybe this will make it more clear. Crude oil price:
Screenshot_20230802-001901_kindlephoto-2948751876.png
 
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It will get worse. See MY POST above.
Your gas is made from oil bought a month ago, and you can get a glimpse why it will be 15% higher next month.
Blame OPEC and some idiot shutting down drilling in this country :mad:.
And to further complicate things, most gas stations base their sale price on the "replacement cost" of the fuel in their tank, not what they paid for it.
So if they carry 2-weeks of gas, the price at the pump will be based on the cost of gas 2-weeks in the future, to replenish it:(.
 
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