Posted on 03/05/2008 10:26:24 AM PST by 2ndDivisionVet
GORDA, Calif.- If you're going to be heading down the Big Sur Coastline anytime soon, you'll probably going to want to have a full tank before you leave with the price of crude oil skyrocketing. With gasoline following the same direction, the Americo gas station in Gorda, just south of Big Sur is selling premium unleaded gas for $5.39 a gallon. If you can do without premium regular's a relative bargain at $5.19.
Prices in many Bay Area cities remain above the statewide average with the price for a gallon of gas in Oakland at $3.51; San Francisco, $3.64; Salinas, $3.56; San Jose, $3.52; and Santa Cruz, $3.51. The average price for a gallon of gas in Santa Rosa sits just under the statewide average at $3.49 and in Vallejo a gallon is averaging $3.47, according to AAA. 03/05/08
BAY AREA, Calif.-The statewide average price for a gallon of gasoline has hit a all time high, AAA of Northern California announced Tuesday.
The average price throughout the state for one gallon of unleaded gas is $3.50, 1 cent more than the subsequent record for California, which was set in May of 2007.
"We're about 60 cents a gallon above where we were this time last year and last year was no bargain at the pump," said Sean Comey, AAA of Northern California spokesman, in a prepared statement.
"We may not have seen the worst of it yet," Comey said. "It's particularly troubling from the consumer's perspective that this is happening at this time of the year, when we often see prices that are relatively low."
OPEC will not put more oil on the global market, citing the stumbling U.S. economy as the reason for slackening demand in the near future.
The Organization of Petroleum Exporting Countries announced today that it decided not to pump more - or less - oil right now because crude supplies are plentiful and demand is expected to weaken in the second quarter.
3.49 here yesterday at the discount one.
From childhood. His dad, an oil man himself, formed Zapata Oil to drill in the Gulf of Mexico.
Pelosi’s fault!
California deserves it.
I have used cordless drills in my profession for years and I can now purchase the same drill for 1/2 the price it was two years ago. Many things in my life are much less expensive that they were a couple of years ago. So what if gas costs more now than it did when I had my first job at a gas station and was selling gas for $.20/gal. Hell I paid $2000 for a stereo in 1978 that I could buy for $99 today, $650 for my first vcr - I think they give those things away now.
I guess the point is it’s all relative, stop your whining!
I mean it would be like we were buying VW’s from Germany during WWII!
What kind of stupidity is that!!!
I only hope that the next administration & congress will “get on the stick” and open up ANWR and the coastlines for drilling and lets start building nuclear electrical generating/desalination plants!!!
And they won’t care what the reasons are. They’ll only feel the pain.
No systemic shortages of gasoline as yet. RBOB gasoline 2.69, diesel 2.95. Add whatever your several charities collect and 2 cents for the gas station or fuel truck owner’s feelthy profit and there you are.
I just read this:
Massive Oil Deposit Could Increase US reserves by 10x (North Dakota:
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
on this thread:
http://www.freerepublic.com/focus/f-news/1983005/posts?page=135#135
Every spring here in Hampton Roads VA., we run out of gas waiting for delivery.
That's the pits. I live near the intersection of I-86 and I-15 (Pocatello, ID). It's a pretty critical refuel point for trucks and cars making the north/south or east/west run. We have the advantage of a big rail yard (largest switch yard west of the Mississippi). That provides an alternative and cheap way to move stuff into town as necessary.
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