Gas prices will drop. Diesel will stay flat or climb 9-23-10
Submitted by Charles Langley on Fri, 09/24/2010 - 15:58
Submitted by Charles Langley on Mon, 09/20/2010 - 12:49
x~~~~x~~~~x~~-~ September 20, 2010 ~~x~~~~x~~~
GAS - Buy, Buy, Buy, Buy
Submitted by Charles Langley on Thu, 09/16/2010 - 19:46
Submitted by Charles Langley on Tue, 09/14/2010 - 11:12
OUR PREVIOUS PREDICTION: On Thursday, we said gas prices would slide below $3 within 36 hours with a chance of a slight rebound by yesterday (Monday). This prediction proved to be correct. Most stations cut prices, but a few independently owned gas stations had to beef up their razor thin margins by raising prices.
Submitted by Charles Langley on Fri, 09/03/2010 - 00:42
San Diego gas prices fell again this week, down almost a nickel since last Friday at a current average of $3.03 a gallon. We expect this trend to continue through the holiday weekend, although the fire in the Gulf panicked the oil markets yesterday and sent some local gasoline wholesalers into a spree of irrational price hikes.
Submitted by Charles Langley on Thu, 09/02/2010 - 09:40
Submitted by Charles Langley on Mon, 08/30/2010 - 15:44
By Charles Langley - With Labor Day just around the corner, gas prices have actually declined significantly at the wholesale level. Since August 5, the average wholesale price for gas in Southern California has dropped by 19¢ a gallon, yet retail prices have only fallen 5¢ a gallon on average.
What this means is that the discounts being passed on to retailers are not being passed through to consumers. In addition, the U.S. Department of Energy is reporting that nationally, the stores of refined gasoline in inventory are the highest since 1983.
Submitted by Charles Langley on Tue, 08/24/2010 - 10:41
"Too cold to start a fire. I'm burning diesel. I'm burning Dinosaur Bones" - Johnny Cash, Rusty Cage by Soundgarden - There is misconception that oil comes from dinosaur bones. It doesn't.
Submitted by Charles Langley on Wed, 08/11/2010 - 14:16
British Petroleum SNAFU could halt flow of 25% of all gasoline sold in Southern California, 40% of all dieselSubmitted by AgentOrange on Thu, 08/05/2010 - 17:01
Southern California gas and diesel prices will likely surge another two to six cents over the weekend thanks to panic buying at the wholesale level in response to a flaring event at British Petroleum's Carson California.