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September 12, 2008
There's More to Piratin'
Gas jumps as oil falls to settle near $100
U.S. pump prices may break through the record high of $4.114...The wholesale price of gasoline ranged from $4 to nearly $5 a gallon in the U.S. Gulf Coast throughout the day on Thursday, said Tom Kloza, publisher and chief oil analyst of the Oil Price Information Service in Wall, N.J.
That was up significantly from about $3 to $3.30 a gallon on Wednesday, Kloza said, and the surge drove up wholesale prices in other U.S. regions, too.
“We’re looking at the highest wholesale prices ever for a huge swath of the country,” he said. “People understand that regardless of what happens with Ike, it’s going to shut down the biggest refining cluster for a period of five, six, seven days.”
Arrgghhhhhh!
Ye need to be topping off yer bilges NOW, mateys and waitin' out the scurvy dogs. Go only where you must or it'll cost ye dear.
UPDATE: The good professor links to a story about scaaaarrrrrcities already occurring in TN. Argh!
Posted by tree hugging sister at September 12, 2008 08:10 AM
Comments
The price of oil goes down while the price of gasoline goes up. Nice work if you can get it.
And where are people finding gasoline at "$3.00 to $3.30" a gallon?
Jean Lafitte is no match for those guys.
Posted by: Rob at September 12, 2008 02:11 PM
I paid $3.45 yesterday for the intermediate grade (89 octane rather than 87). Not sure what it is today (haven't been out of my office since 0-dark-30) but something told me I better stop and buy on the way home last night, figuring that Ike would either shut down gas production or at least be used as an excuse for prices going up.
Posted by: ricki at September 12, 2008 03:52 PM
You're early Mr B.
19th September is ITLAPD*.
(*International Talk Like A Pirate Day)
Posted by: kae at September 12, 2008 05:22 PM
Midgrade prices haven't been below $3.87 here in Waukegan.
I better fill up tonight.
Posted by: Gunslinger at September 12, 2008 05:57 PM
Just an update on Bangla-cola, prices up about 20-30 cents and at least half the CITGOs out of petrol and 1970's type lines around the others.
GOD, this shit SUCKS!!!!!!!!!!!!!!!!!
Posted by: tree hugging sister at September 12, 2008 05:59 PM