87.00

[underpants]

The price of full service high octane gas reaches $4.049 dollars per gallon Thursday, April 20, 2006, at a gas station in Beverly Hills, Calif. Oil prices held steady near record highs Thursday after weekly data showed a drop in U.S. gasoline stocks, raising worries that refiners don't have an adequate inventory cushion ahead of the peak summer driving season. (AP Photo/Damian Dovarganes)

http://news.yahoo.com/photos/gallery/1756

[katty]

1. BHills here in LA is one of the highest-but other areas are

not much lower.

[huskerlaw]

12. It was $3.15 in the Valley

2 days ago...but then again, that was 2 days ago, it could be worse by now. But yes, BH is one of the worst, surpassed only by Malibu, which was $3.55 over a week ago.

[Fridays Child]

2. There's gonna be rioting in the streets. nt

[Xenotime]

5. Why?

[insane_cratic_gal]

3. Should I got out and buy a locking gas cap?

LOL I can just see it coming now

[Debau2005]

8. You know

that is not a bad idea. I live in an apartment complex and someone could have a field day in the parking lot at night!

[catmandu57]

11. You'de better

When I was young and din't give a rat's ass Apartment Complexs were among my favorite gas siphoning places. I wish I had the locking cap concession, but locking caps are easy to get around.

[Debau2005]

14. Thanks...

I'll get one this weekend. Even if they can get around it, with some many cars around, maybe they'll just move on to the next one. Besides if they move around mine too much it will set the alarm off.

[libnnc]

24. re: locking gas caps

My BIL told me that an easier way to steal gas is instead of siphoning, thieves just use a tool (kinda like an ice pick) to punch a hole in the tank. It's easier and faster, gets around the locking cap :shrug:

[killbotfactory]

4. We don't have enough stock because oil companies have been

Gaming the system. They have been reducing refining capacity for past few years for this, most probably in collusion.

And they are getting away with it because they have republicans in their pocket.

[lastliberalintexas]

16. Perhaps

But some in the oil business feel that the decline in refinery investment is due to the fact that Big Oil knows that Peak Oil is a reality and therefore isn't interested in throwing money down the drain by spending the money on an infrastructure that might not be usable for very much longer.

True or not? I have no clue, but it at least sounded plausible to me.


And I'm not saying that gouging, collusion and price fixing aren't real problems as well. Just speaking to the lack of investment in refining capacity is all.

[DaveJ]

28. I don't know...

If that were the case I'd think there'd be some red lights going off warning the public "We're running out of oil." I haven't heard much about that being the case. Worldwide demand is the most likely cause in any event. Who cares anyway? We should've stopped using gas guzzlers years ago.

[Blue_Roses]

6. what the hell is going on here?

Come on. This is obvious price gauging.:argh:

[Chiyo-chichi]

9. Gouging?

Yes. But as killbotfactory says in post 4, there is probably also collusion involved. In other industries price-fixing is a felony and the Department of Justice frowns on it. They used to anyway. But not when it comes to the oil industry.

[corporate_mike]

15. Chavez' makes stmts - attempt to drive up oil prices so he can profit more

[Broken_Hero]

7. Only a

matter of time, when those prices are about the same, all across the country...

[notadmblnd]

10. Yup.. they're pulling an ENRON on the entire country now

creating false shortages to inflate the price of gas.

[twenty2strings]

13. Quit yer bitchin...Low gas prices encourage waste...

Try living in U.K....$5.64..Hong Kong...$5.62..Denmark...$5.08...and on and on. We cannot conserve unless forced to. Venezuela...$0.14.... The squeeze is good in the long view. We need light rail and streetcars.

[BlooInBloo]

17. 21 gallons? An SUV mebbe? Sounds like a bed they made...

I'm sure I'll get a lotta fire from the but-i-HAVE-to-drive-a-gas-guzzler crowd...

But imo, $ for gas is a cost one incurs when one buys a gas guzzler.

I would venture the opinion that in the vast majority of cases, gas guzzlers are not necessary for people. Any real statistics to confirm/refute that opinion would be welcome tho...

Gotta admit - I do feel bad for taxi drivers tho - they're a fine example of folks who are caught between a rock and a hard place on this... There are others too of course...

[ContraBass Black]

18. Or a minivan.

[BlooInBloo]

19. It's possible....

I was under the impression that there were oodles (technical term - lol) more suv's than minivans on the streets tho... Is that correct?

[Justice Is Comin]

20. What about the 18 wheelers ?

Holy Christ. They can't survive this.

I think there is going to be a l-o-o-o-ng convoy rolling to Washington soon.

Rubber Ducky, you got yer ears on ?

[underpants]

21. Yeah they are going to get crunched

They can't pass it along to easily can they?

[redwitch]

22. They will have to pass it on to the rest of us

EVERYTHING we buy comes to us on trucks, no?

[BlooInBloo]

23. They're diesel aren't they?

Are diesel prices just as bad?

(I assume so, but don't really know for a fact)

[benburch]

26. Almost all of the indepentant truckers I know have parked their rigs.

Some have had to give them back to the bank!

But they are not planning to drive again.

And we need them so we can EAT. No food gets to your mouth except by several truck trips!

[SammyBlue]

27. Owner Operators are getting screwed and screwed hard!

The truckers should really show down. What will these reactionary companies do? Fire em?

I don't drive a truck anymore, but seriously, you can't make money now.

[benburch]

25. $2.98 here this afternoon.

I filled up the 11.7 gallon tank on the Malibu (which we use as little as possible, preferring the Prius.)

Over $30 for a tiny passenger car tank!

I'm telling you, if this keeps up, members of his OWN party will storm the White House and drag his sorry ass out of there.

[DaveJ]

29. Luckily this pisses off the cons more than anyone else...

You know the ones who voted for Bush since he'd give them cheap gas. Now the've paid their $200 tax rebate checks back 10 times for to his corporate regime. Seriously we do need to stop using gas guzzling cars anyway. * just found the most sadistic way to profit from a liberal idea.

[don954]

30. It has hit 3.09 for the lowest grade here in West Palm Beach, FL

a middle class area & its the cheep station too. I have 2 cars that died on me, im going to pump the gas out of them before i have them hauled off (i go through cars fast, i drive 10,000 miles a month in my biz).