It is around $2.53 for 87 octane,and 2.73 for 93 octane here in PA. now.Remember how it dropped last year before the November elections? Seems like it is starting to again.Get the voters happy before the elections and get re-elected.

 

[align=center]David, are you inferring that our Government is[/align][align=center]trying to manipulate us ?[/align][align=center]LOL ~ LOL[/align][align=center]They wouldn't do that would they ?[/align][align=center]They don't lie to us, do they ?[/align][align=center]Do they think we are stupid ?[/align][align=center]Thanks for your post, & contributions.[/align][align=center][/align][align=center]`Space & the Beach Bum's[/align][align=center][sm=americanasmiley.gif][/align]

 

LOL. This actually has nothing to do with the elections. Travel in general goes down and all the refinery maintainance is complete so we get a surplus of oil. Hence the reason it goes down at this time.

 

We are below $2.70 in L.A. and Orange Counties this week...WOW!

 

[align=center]I use Shell[/align][align=center][/align][align=center]&[/align][align=center]SUNOCO[/align][align=center]
[/align][align=center][/align][align=center][/align][align=center]Purchased Gas this Morning[/align][align=center]August 27, 07[/align][align=center][/align][align=center]Today's Price $2.62.9[/align][align=center][/align][align=center]
[/align]

 

Off beat on this but related - I was watching Back to the Future 3 and they have the scene where they ripped a hole in the gas tank. They tried to use whiskey to run the car but it "blew out the fuel injector manifold". This more or less looked like a heavy duty distributer cap and came out the bottom of the car.

You would think that "The Doc" could have just formulated some ethenol to get it to go.

Wouldn't have to worry about blowing up the engine and would only have to worry about his rubber seals rotting in 10 months.

 

I would love to use Shell in my car but there are no Shell stations in my area. I have to deal with Hess or Mobile and since Mobile is 10 cents more a gallon I buy Hess. This morning I paid 2.81 a gal for 93 octain. Regular at the same station is 2.56.

 

[align=center]Gas Prices in my area are going up again [X(][X(][/align][align=center]How about where you are ?[/align][align=center]$2.85.9 a gal [X(][/align][align=center][/align][align=center][:@]Middle East Production Compaines are making a billion, yes...one billion dollars a day [:@][/align][align=center]It's not a typo : ([/align][align=center]They are buying interest in American Companies [:@][/align][align=center]It's hard for me to imagine One BILLION DOLLARS [8D][/align][align=center]Better go fill up, while you can [X(][/align][align=center][/align][align=center][/align]

 

[align=center][/align][align=center][/align][align=center][/align][align=center][/align][align=center][/align][center]Gasoline futures jumped as well.
Oil prices have risen to records in seven out of the last eight sessions on the New York Mercantile Exchange on a mix of concerns about falling supplies and tight demand. But many analysts also blame an influx of speculative "nontraditional" capital into energy commodities. And that inflow increases when the dollar falls, analysts say.
Addison Armstrong, an analyst with TFS Energy Futures LLC, wrote in a research note that oil is rising due to weakness in the dollar, which has fallen to a record low against the euro, and is also trading at multi-year lows against other currencies.
A weak dollar supports oil prices by making futures cheaper for foreign investors, noted Antoine Halff, head of energy research at Fimat USA LLC.
"There just seems to be a huge amount of money out there that's moving to the oil in direct correlation with swings in the dollar," said Jim Ritterbusch, president of Ritterbusch and Associates in Galena, Ill.
That also prompts buying by domestic investors, who sense that demand for Nymex oil is rising overseas, Ritterbusch said.
Oil and natural gas markets appeared unimpressed by the prospect that a tropical depression could form soon in the Gulf of Mexico and hit critical gas and oil infrastructure.
The October oil contract expires Thursday, and trading in expiring contracts is often volatile as traders move to square positions. Indeed, oil futures gyrated between gains and losses before surging above the $83 a barrel mark.
October gasoline jumped 4.26 cents to $2.1360 a gallon on the Nymex.
Heating oil futures rose 0.51 cent to $2.2495 a gallon.
But natural gas fell 12.6 cents to $6.054 per 1,000 cubic feet after the government reported that inventories grew by 63 billion cubic feet last week, slightly below consensus analyst expectations.
Natural gas prices have not been affected by National Hurricane Center forecasts that a tropical depression or storm could soon form in the Gulf.
"Investors seem to be more focused on the big storms that form out in the open Atlantic," Ritterbusch said.
Oil and gas platforms are built to withstand smaller storms - even of tropical strength, analysts say.
Several oil and gas companies have evacuated nonessential personnel from Gulf installations in recent days as a precaution. But Ritterbusch said such moves are routine this time of year.
"They really don't lose a significant amount of production when they do this," he said.
[b]At the pump, meanwhile, gas prices are still not reacting much to record oil prices. Overnight, the average national price of a gallon of gas rose

 

Regular 87