State by State Gas Prices=How are gas prices in your area?

[southerngale]

That's it. I'm getting new transportation.

[feederband]

74.95

[gtalum]

That's a sweet ride, southerngale.

[feederband]

75.

[Janice]

Yes, but you need to put BonJovi's pic where Spongebob's is, lol

[SouthFloridawx]

75.

where are you getting your updates?

link?

[Janice]

Well, China is now demanding more oil, they now have 10 million cars, per CNN. So with the high demands of the US and China demanding more, prices will only go up. The Chinese are not just riding bicycles anymore. The US does not have oil as their playing field anymore, China is there too.

[alicia-w]

75.

where are you getting your updates?

link?

http://www.bloomberg.com

There is a market snapshot box with commodity futures on the bottom left.

http://quote.bloomberg.com/apps/news?pi ... refer=home

[alicia-w]

Well, China is now demanding more oil, they now have 10 million cars, per CNN. So with the high demands of the US and China demanding more, prices will only go up. The Chinese are not just riding bicycles anymore. The US does not have oil as their playing field anymore, China is there too.

The China issue was already discussed a couple of pages ago.

thank China too. they're another heavy user of petroleum products and are driving the cost up.

[feederband]

75.

where are you getting your updates?

link?

I was watching CNBC..

[x-y-no]

Even the RaceTrac - which is usually the cheapest gas around here - is at $2.82 for regular this morning.

A bunch of stations are over $3 now ... not looking good for this summer.

[feederband]

$75.20 ON CNBC..Top left corner

[feederband]

$75.3

[SouthFloridawx]

$75.20 ON CNBC..Top left corner

thanks

[Janice]

I wonder if gas is going up this fast in other countries at their pumps?

How bad does it have to get here before we see gas rationing at our pumps?

[alicia-w]

here are gas prices around the world as of 2005

Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12

Source: air-inc.com

[SouthFloridawx]

Holding steady between 75.20 and 75.30

[alicia-w]

CNN has released their top five performers for fuel economy:

http://money.cnn.com/popups/2006/autos/ ... clude.html

[gtalum]

I wonder if gas is going up this fast in other countries at their pumps?

In most countries, yes.

How bad does it have to get here before we see gas rationing at our pumps?

The supply is not super tight. There won't be rationing or massive shrotages unless and until demand actually surpasses supply, which at current rates is still a few years away.

[alicia-w]

Gasoline prices popped above $3 a gallon in more parts of the U.S. this week, amid reports of spot shortages in some markets.

Gas prices shot up three cents on average Friday, to $2.855 for a gallon of regular, according to the motorist organization AAA, which says the average is above $3 a gallon in California, Washington D.C., Hawaii and New York.

Rising gas prices have some politicians playing the blame game.

But although there were widespread media reports of shortages, experts say any disruptions are normal, as gas stations make the switch to cleaner-burning summer fuel.

The motorist group AAA said Friday it had received reports of shortages at eight service stations, all in the Philadelphia and Wilmington, Del. area.

The reports from AAA followed other media stories Thursday and Friday, some of which quoted a government study saying gasoline terminals in Richmond, Va., as well as the Tidewater area near Virginia Beach - where gasoline is shipped when it comes in from refineries and is transferred to trucks for delivery to gas stations - were experiencing shortages.

The reports said the shortages could cause disruptions along the East Coast as far north as Boston.

But an AAA spokesman in New York said they hadn't received any reports of shortages in that area, and didn't expect any north of the city.

Paul Fiore, a spokesman for the Service Station Dealers of America, also said he hadn't heard any reports of shortages from the groups 10,000 or so members along the East Coast.

The oil industry said problems aren't related to an actual shortage but are being caused from a switch over from winter to summer gas, which is cleaner burning.

Terminals need to nearly empty their tanks to accept supplies of summer gas, which will arrive by May 1, said the American Petroleum Institute's Al Mannato.

Mannato said this switch and the accompanying spot shortages happen every year, "but crude prices are way up, gasoline is way up, so people are watching more this year."

He also said a switch from the gasoline additive MTBE, which has been found to contaminate ground water, to ethanol could be compounding the problem.

Problems with making the switch to ethanol were foreseen.

Making the change is hard because ethanol, unlike MTBE, absorbs water and therefore can't be transported by pipeline, which is how most gasoline moves from refineries to regional markets, Mary Rose Brown, a spokeswoman for the refining company Valero (Research), told CNNMoney.com earlier this week.

So ethanol needs to be transported separately by truck or railcar from the Midwest, where it's produced, to the pipeline terminus, where it's then blended with gasoline as the gas is loaded onto trucks for delivery to gas stations, said Brown.

"We've yet to see how hard it will be, but we will see spot outages," she said, noting that there have already been outages in Dallas and Houston, two other areas that are switching.


http://money.cnn.com/2006/04/21/news/ec ... tm?cnn=yes