Gas

GatorinGA

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Gas sure is dropping in price lately, we're paying $1.87 here in Warner Robins, GA. How much is it where you live??
 
It was $1.95 at the cheap stop here in Kentucky.

I didnt know they still made 85 octane... Around here the lowest they go is 87.
 
It hasn't moved in a month in Utah ~ $2.19. Nevada was worse ~ $2.49 to $2.79.
 
AP
U.S. Gas Prices Jump 18 Cents in 2 Weeks
Sunday April 8, 5:19 pm ET Average Cost of Gas Across the Nation Rose About 18 Cents in 2 Weeks, Analyst Says
CAMARILLO, Calif. (AP) -- The average cost of self-serve regular gasoline rose about 18 cents per gallon nationwide over the past two weeks, according to a survey released Sunday.
That translated to an average price of $2.78 a gallon, according to the latest Lundberg Survey of 7,000 gas stations across the country.
On April 6, a gallon of midgrade gasoline averaged about $2.89, and premium was nearly $3. Nationwide, the lowest average price for regular fuel was $2.54 in Charleston, S.C., and the highest was in San Francisco at $3.30 a gallon.
 
http://biz.yahoo.com/rb/070408/occidentalpetroleum_pay_1.html?.v=1

CHICAGO (Reuters) - Occidental Petroleum Corp.'s (NYSE:OXY - news) chairman and chief executive took in more than $400 million in compensation last year, the company said in a filing, one of the biggest single-year payouts in U.S. corporate history.

The largest part of Ray Irani's 2006 payout was $270.2 million from the exercise of options awarded from 1997 to 2006, representing more than 7.1 million shares, according to the company's annual proxy statement, which was filed with the Securities and Exchange Commission in March.
Irani also received $93.3 million in stock and dividends from a deferred stock program when the company closed the plan in October due to increases in liability and expenses for the program, the company said.
 
I want to know why the price of crude is going up and the price of gasoline is going down.
Rising Crude is mainly due to Supply, or that's what they claim. The other is the state of the Dollar, the Dollar has fallen lately and all Oil purchased MUST be bought in Dollars. Weak Dollar makes Oil more expensive for the US (Brent Crude in Briton is cheaper than NYMEX Light Sweet Crude, unusual) and cheaper for the rest of the world. Gasoline has dropped lately due to the refineries increased output, the more Gas available the CHEAPER IT IS! :cool:
 
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