Forum Home Forum Home > Freshlinks.net Forums > News from around the world
  New Posts New Posts RSS Feed - How much is gasoline in your neck of the woods?
  FAQ FAQ  Forum Search   Events   Register Register  Login Login


How much is gasoline in your neck of the woods?

 Post Reply Post Reply Page  <1 567
Author
Message
Belladonna View Drop Down
Guru
Guru
Avatar

Joined: February/13/2006
Status: Offline
Points: 1221
Post Options Post Options   Thanks (0) Thanks(0)   Quote Belladonna Quote  Post ReplyReply Direct Link To This Post Posted: June/24/2008 at 11:04am
Wish I lived in an area where I didn't have to drive much, but it's pretty spread out here and buses are few and far between.
Back to Top
Sponsored Links


Back to Top
WhiteWolf View Drop Down
Guru
Guru
Avatar
Climate Change Denier

Joined: October/03/2005
Status: Offline
Points: 5127
Post Options Post Options   Thanks (0) Thanks(0)   Quote WhiteWolf Quote  Post ReplyReply Direct Link To This Post Posted: June/29/2008 at 5:15am
Just read this over at Bloomberg.com:

Quote
OPEC Leader Khelil Says Dollar Will Drive Oil to $170 (Update1)

By Ahmed Rouaba

June 28 (Bloomberg) -- OPEC President Chakib Khelil predicted that the price of oil will climb to $170 a barrel before the end of the year, citing the dollar's decline and political conflicts.

``Oil prices are expected to reach $170 as demand for fuel is growing in the U.S. during the summer period and the dollar continues to weaken against the euro,'' Khelil said today in a telephone interview. The leader of the Organization of Petroleum Exporting Countries also serves as Algeria's oil minister.

Political pressure on Iran and the depreciation of the U.S. currency have caused a surge in oil prices, Khelil said. New York- traded crude has more than doubled in a year and touched a record $142.99 a barrel yesterday on the New York Mercantile Exchange.

OPEC ministers generally say that oil output is sufficient, even as Saudi Arabia, the biggest producer, pledged to pump an extra 200,000 barrels a day next month to calm the market. ``The market is completely supplied,'' Venezuelan Oil Minister Rafael Ramirez said yesterday. Libya announced possible production cuts, calling the market oversupplied.

The rising cost of crude is not linked to supply, Khelil said today. ``There is more than enough oil in the market to meet the international demand,'' added the OPEC president, who will take part June 30 in an international energy forum in Madrid.

Prices, which are up 38 percent this quarter, are heading for the biggest quarterly gain since the first three months of 1999, when oil traded between $11 and $17.

Declining Dollar

``The decisions made by the U.S. Federal Reserve and the European Central Bank helped the devaluation of the dollar, which pushed up oil prices,'' Khelil said.

Oil may extend gains if the ECB boosts rates on July 3, further weakening the U.S. currency. The dollar has declined 15 percent against the euro in 12 months.

ECB President Jean-Claude Trichet reiterated June 25 that policy makers may increase the main refinancing rate by a quarter-percentage point next month to contain inflation. The Federal Reserve left the benchmark U.S. rate at 2 percent on June 25. On Sept. 18 the Fed began cutting rates to bolster an economy already reeling from the credit crisis.

To contact the reporter on this story: Ahmed Rouaba in Algiers at arouaba@bloomberg.net

Last Updated: June 28, 2008 11:34 EDT
Back to Top
BirdDogg34 View Drop Down
Master
Master
Avatar

Joined: July/22/2006
Status: Offline
Points: 957
Post Options Post Options   Thanks (0) Thanks(0)   Quote BirdDogg34 Quote  Post ReplyReply Direct Link To This Post Posted: July/01/2008 at 3:27am
We're up to more than $4.00 up here in Maine.

There are a few random places, like in NH and a few places around ME, where it's still less than $4.00. However, these places are few and far between.
Reading:
The Shining by Stephen King

"An apology for the devil: it must be remembered that we have heard one side of the case. God has written all the books."
Back to Top
WhiteWolf View Drop Down
Guru
Guru
Avatar
Climate Change Denier

Joined: October/03/2005
Status: Offline
Points: 5127
Post Options Post Options   Thanks (0) Thanks(0)   Quote WhiteWolf Quote  Post ReplyReply Direct Link To This Post Posted: July/01/2008 at 8:31am
$4.25 average in my neighborhood. I just put $50 in my tank and just barely got it filled. I'm glad I have a fuel-efficient car right now.
Back to Top
 Post Reply Post Reply Page  <1 567
  Share Topic   

Forum Jump Forum Permissions View Drop Down

All my sites | Web Wiz Hosting Services | Privacy policy