Thursday, August 11, 2005

Gas Price In Your Area Update, 8/11/05

Last Wednesday I said I wanted to start updating this each week. Since then I found this article that says "Gas Prices Break Records". When it was published the national average price for a gallon of regular unleaded gasoline was $2.376. The article didn't make it sound like prices would be dropping any time soon. Most of the time I fill the tank on Wednesday afternoon, that's when I get paid. Yesterday we were busy and didn't get around to getting gas but I did notice prices while we were running around, mid grade was $2.35 a gallon. When I went to work at 11:PM I still had enough gas so I decided to let it go until this morning. For once putting it off paid off, when I stopped to fill up this morning I paid $2.28 per gallon for mid grade in Saint Joseph, Missouri. Please leave a comment to let us know what your paying in your area.

God Bless America, God Save The Republic

20 Comments:

Blogger Unadulterated Underdog said...

Norman, Oklahoma: $2.15/gallon

8:27 AM  
Blogger Chris said...

Southern Illinois: $2.41-- it's insane.

11:18 AM  
Blogger Chris Woods said...

Des Moines, IA: about $2.25/gallon for unleaded (with ethanol). AAA says that last weeks average was $2.36 for all unleaded gas, but that doesn't factor in Tuesday's big jump.

5:13 PM  
Blogger The Sovereign Editor said...

Last night, $2.37/gallon. Tonight, $2.41/gallon. Same station. North Florida

6:31 PM  
Blogger Unadulterated Underdog said...

UPDATE: Went up to $2.31/gallon tonight for regular unleaded.

7:26 PM  
Blogger John said...

I've seen it past $2.50 here in PA.

7:31 PM  
Blogger maccusgermanis said...

Bham,Alabam $2.40/gal for 89octane
as of 8/3

8:42 PM  
Blogger Jake Porter said...

This comment has been removed by a blog administrator.

5:57 AM  
Blogger Jake Porter said...

I paid $2.29 yesterday while traveling in Southern Iowa.

5:58 AM  
Blogger jaybee said...

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Come and check it out if you get time :-)

6:28 AM  
Blogger Chris said...

Southern Illinois Update:

It appears gas prices are changing by the hour. This morning, 8/12/05, gasoline was $2.49 in the surrounding areas. Though in Southern Illinois we can drive to KY and SEMO and get it a little cheaper. But who wants to go to Kentucky?

7:25 AM  
Blogger Unadulterated Underdog said...

This comment has been removed by a blog administrator.

4:39 PM  
Blogger Unadulterated Underdog said...

Norman, OK Update: $2.47/gallon, Regular Unleaded

I think it's funny that I paid $.66/gallon for my first tank of gas for my first car back in 1999. Even up into late 2000, I was only paying $.80-$1.00/gallon. After Bush "won" the election, it immediately began going up. It was up to $1.30 by the end of February. Coincidence? Nope. China? Nope. Oil barons taking advantage of people? You betcha.

4:42 PM  
Blogger The Sovereign Editor said...

Ok, Liberal. First of all, I don't believe you. There is no way you paid 66 cents per gallon for gas in 1999. Not if you're paying $2.47 now. I got gas for $2.49 today. In 1999, I was paying $1.35 or so for gas. So you see my problem. Unless they've enacted a lot of local taxes in your area since 1999, or unless your local gas station owners have formed their own price-fixing cartel, then I really don't see how it's possible. (I am, of course assuming that you have always lived where you are... a baseless assumption, but still... and it's not that I really don't believe you, I'm just saying that what you said doesn't really make sense to me taken with certain other facts -- namely that gas prices apparently jumped a lot more steeply in your area than they did everywhere else)

When I started driving in 1995, gas was around $1.12. $1.08 on a good day. I heard you could still get it for 89 cents in Georgia. Then, around the summer of 1996, the gas prices suddenly jumped up to around $1.30. They stayed high for several weeks, then settled back down around $1.21, which I still think is too high. In 1997, the process repeated, but less drastically. The new price was around $1.26. It continued, sharply increasing beginning last year (or maybe the year before).

One huge contributing factor to the price of gasoline is Bush's abandonment of the strong dollar policy. If the dollar were worth what it was in 1995, we would be paying around $1.95 -- which is still too much in my opinion. That means that, in 1995 dollars, the price of gas has gone up 83 cents or so since 1995. That's a lot, but it's been ten years. Oil is traded internationally in dollars. Don't for a moment that the value of the dollar doesn't directly impact the amount you pay for gasoline (I'm not saying that this accounts for all of the increase, but it is an important factor, I believe).

Here's a post on my blog that touches on this idea.

7:09 PM  
Blogger Unadulterated Underdog said...

ROJ- I don't care if you believe me or not because I know exactly what I paid. I will never forget buying my first tank of gas. You need to be aware of and remember that Oklahoma is traditionally one of the cheapest places for gas in the nation. We are usually about the last place a price hike effects. As to how oil is bought and sold, that is something that every Oklahoman knows a little about since we lost our asses on it in the 1980's. Trust me, I know what I was paying then and I know what I am paying now. As to adding taxes, I do believe the state has added taxes to fuel at least twice since that time. Once was for highway improvements and once was for education I believe. CHEERS!

7:15 PM  
Blogger David Schantz said...

I can remember being in the car as a kid and hearing my Dad talking about going on down the road a ways because the gas cost $00.30 a gallon where we were and in just a few miles we could get it for $00.25 a gallon.Back then all of the gas stations were independently owned and the "Gas Wars" were meant to bring in business. Now all the stations are parts of large corporations and we are losing the war.

God Bless America, God Save The Republic

1:39 AM  
Blogger The Sovereign Editor said...

okliberal... assuming what you say is true, why then do you think gas has jumped so steeply in your area in the past few years? Surely you are not suggesting that Bush and the oil cartels have it in for Oklahoma in particular?

7:18 AM  
Blogger Unadulterated Underdog said...

ROS- I don't think Bush has it in for Oklahoma in particular. What I believe is that their game is about profits. They know they can't get away with raising fuel costs on the coasts very much where they already range from $2.40-$3.10 as it is. The Midwest, where a large part of the refineries are (like Oklahoma where we have 6 I believe), is a place of lower income and thus prices have remained low. However, it is in that way an untapped market so the oil barons are simply raising our rates to meet the rest of the nation, that's what I think is happening. Problem is that while people in the Midwest don't make nearly as much on average as people in the East or West. For probably half of all Oklahomans that work, each gallon of gas is now costing 1/2 to 1/3 of an hours work and thus filling up the tank is now costing a whole days work. It's hitting Oklahomans really hard. This is where I see profits being put before the public. Bush, in his infinite greed and lack of care, has done nothing to really truly help with the prices. He hasn't even considered making a symbolic stand and flying less on his million-dollar-a-day limo called AF1.

8:53 AM  
Blogger BLOGBANK said...

La Jolla, CA. $2.99/3.29/3.45

3:16 PM  
Blogger maccusgermanis said...

I believe the gas price increases in 2000 had little to do with Bush's election.

http://www.news-star.com/stories/041804/New_52.shtml

Story last updated at 12:29 a.m. Sunday, April 18, 2004

"Four years ago, the new Environmental Protection Agency requirement for cleaner-burning gas created a supply shortage by cutting into the supply of conventional gasoline. Fuel bound for Oklahoma was diverted to areas in the Midwest."

And might I suggest that alternative technologies are developed to a state that is held in check, by the relative low cost of gas. Having recently priced a Hybrid, I found that with my driving habits I would not recoup, by fuel savings, my intitial investment (as compared to standard model) in said hybrid until 10 years of driving. Of course the Energy Bill that our grand duke of oil barony Bush recently signed does effect that calculation.

1:05 AM  

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