Gas Prices

[AmericaWestCMH]

Up to $3.38 in central Illinois for 87.

US gas consumption is actually down >1%, but declining inventories are propping the price up.

The solution won't be making everyone buy a Prius, that is only delaying the inevitable. Car-dependent suburban living is not sustainable no matter what you drive. Mass transit isn't even the answer to current lifestyles, since it just isn't practical in low-density exurbs.

So what's the appeal in spending hours in a car everyday just to come home to a cookie-cutter community with no access (except by car) to basic services?

As for price , gas / fuel to make it to 2.96 per gallon at the pump you need $98.00 crude, have we seen that no.

Actually, we have (it was $112 less than 2 weeks ago). Oil has risen dramatically while refined gasoline has remained relatively cheap. Gasoline refiners have been getting killed with $100+ oil and market gasoline prices well under $2.50 until the past couple of weeks.

If you think gas is going to $4/gallon, buy some refiner stocks. Many are near their 52-week lows going into driving season.

[CharlieD]

The gas went up in price again. It was $3.15 on Friday. Suzie, I also drive 20 miles to work and in the morning I have to make 10 mile detour to drop kids of in school and the day care. I don’t know about bears, but we’d for sure freeze if we decided to walk to work. Speaking of sacrifices. I don’t even remember when I bought any close for my self, or kids or even my wife for that matter. Thank G-d for my in-laws, for every birthday they pay for close shopping, and they have been very generous. For the last 5 years I’ve been gradually making less and less money. It’s not normal, with everything going up in price.