3.37 regular at 7 eleven here in Rockville, MD.

 

To all $3.75 in at Shell in Sunland/La County Calif.

 

Heck yea! Increase of horsepower by 250%!!!!!!

Its like a shot of nitrous and Four Loco, mixed with methamphetamine!!

 

The OPEC member nations are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela. Our two biggest suppliers of imported oil - Canada and Mexico - aren't OPEC members. Plenty of exporters aren't OPEC members. Russia and Norway are not in OPEC and they export almost as much as Iran, Iraq, Nigeria, and Kuwait together. OPEC cannot dictate prices without regard to market forces. If they could just name their price, why wouldn't they charge $200 and leave it there?

Just as we are not the sole exporter of wheat. Even if the U.S. government imposed some kind of reverse tariff so that wheat cost as much as a barrel of oil (at least for OPEC countries) they would just buy their wheat from any of dozens of other countries.

To give you an analogy, look at CPU's for personal computers. Intel is the 800 pound gorilla in this arena and has only one serious competitor, AMD. You could say that Intel is the OPEC of the CPU business. Does this mean Intel can just charge whatever they want? Heck, no. Intel and AMD are both fighting for every sale.

 

Doesn't mean anything. Everything still costs more here. I cant even hey a break on the exchange on parts.

 

Because they know $200 would cripple demand and they would make less. They are trying to push as hard as they can without killing demand. It has nothing to do with supply and demand at this point in history. It has everything to do with what the market will bear.

As to non-OPEC, just because they are not members does not mean they are not going to be just as cutthroat, just as monopolistic. As long as prices are manipulated by a significant number of producers, the greedy slugs to the north and south are going to tag along.

Further, if price was reflective of supply and demand, then why did they open the spigot when oil hit $147, hmm??? There were no lines at gas stations.

(But... I thought there was a shortage... )

 

3.55 for 87 in West Lafayette, Indiana.

 

3.49

 

It means nothing where you're at, you need stuff, what are you going to do? Drive 220mi to get a car part? You live where you do and they bend you over. Too bad you don't live close to the border like I do. Saved $900 on the GT500 Mufflers, Rear Valance, Mudflaps, C/S Valance, 401A shift ****. Filled the gas tank in the truck when I was over and got a free lunch at my brother's restaurant just outside Detroit.

If I wasn't getting APlan already I'd be buying my Mustang in NY.

 

$3.59 for 87 octane in Nocona, TX.

 

A day later... $3.95

Awesome.

 

3.45

 

It was 3.49 yesterday, but I'm sure today it's at least 5 cents higher.

 

Wow shot up to 3.34 over night from like 3.17 in south jersey. I downloaded a cheap gas app on my iPhone and the gas prices are so different within 3 miles anywhere from 3.15-3.34

 

This thread is going to be fun to look at in 5 months. All of us whining about 3 bucks a gallon!! I think we might see the 5 dollar mark this year, or close to it.

 

$3.59 here in Hollywood, FL. I was to afraid to see what Premium was going for...

 

Thinking aloud:

You would think that with the recent spike in gas prices that Ford would light a fire under their asses to get these ordered 2012s out before people change their minds ....

 

Very true

 

Its ironic you said that because of this...

http://wot.motortrend.com/recall-rou...sue-36135.html

 

LOL, yup....But I think they should be working harder to get the new Focus into the pipeline!

$3.56 for Premium here this morning