Jump to content
  • Playwire Ad Area

WA state about to see $0.47 increase is gas prices


mspart

Recommended Posts

Removing oil from the Strategic Oil Preserve (SOP) does not lower prices sufficiently.   All it does is lower our cache of oil for a time of real trouble.  And I believe that is a National Defense issue like sending all our manufacturing overseas is a National defense issue.  Balance that out.   What is up the D's sleeve when SOP is drained to zero?  

mspart

Link to comment
Share on other sites

49 minutes ago, mspart said:

Removing oil from the Strategic Oil Preserve (SOP) does not lower prices sufficiently.   All it does is lower our cache of oil for a time of real trouble.  And I believe that is a National Defense issue like sending all our manufacturing overseas is a National defense issue.  Balance that out.   What is up the D's sleeve when SOP is drained to zero?  

mspart

Studies show a drop of ~0.50 in retail gas prices from this action.

I would imagine with that kind of buffer, the idea is to replenish when prices drop.

Link to comment
Share on other sites

42 minutes ago, Mike Parrish said:

Studies show a drop of ~0.50 in retail gas prices from this action.

I would imagine with that kind of buffer, the idea is to replenish when prices drop.

How long was that price drop?  Oil from the reserve was good for only a few days consumption.

mspart

Link to comment
Share on other sites

1 hour ago, mspart said:

How long was that price drop?  Oil from the reserve was good for only a few days consumption.

mspart

I did some work a while ago as a software guy on the Chicago Mercantile Exchange.

Just how much commodity prices move for seemingly insignificant events was pretty eye opening.

  • Fire 1
Link to comment
Share on other sites

13 hours ago, Mike Parrish said:

I did some work a while ago as a software guy on the Chicago Mercantile Exchange.

Just how much commodity prices move for seemingly insignificant events was pretty eye opening.

It's simply a "herd mentality".  Everybody's watching everybody else.  Somebody does something, everybody follows suit.  The computers simply compress the time frame.  I'm thinking some day we will be at the gas station and the price on the pump will change as we are filling up.  Do we squeeze the handle now or do we wait for a better price?

Link to comment
Share on other sites

11 hours ago, BerniePragle said:

It's simply a "herd mentality".  Everybody's watching everybody else.  Somebody does something, everybody follows suit.  The computers simply compress the time frame.  I'm thinking some day we will be at the gas station and the price on the pump will change as we are filling up.  Do we squeeze the handle now or do we wait for a better price?

Back in the day when a gas war produced 18.9 cents a gallon, watching the pennies made a difference.   Normal gas was 21.9 and 24.9.   When gas went to 34.9 my dad blew a gasket.  Yes, I'm that old and remember all of that.  Now with prices as high as they are, buying gas at $4.359 instead of $4.369 doesn't save enough money to make that trip if it is further. 

mspart

  • Fire 1
Link to comment
Share on other sites

16 minutes ago, mspart said:

Back in the day when a gas war produced 18.9 cents a gallon, watching the pennies made a difference.   Normal gas was 21.9 and 24.9.   When gas went to 34.9 my dad blew a gasket.  Yes, I'm that old and remember all of that.  Now with prices as high as they are, buying gas at $4.359 instead of $4.369 doesn't save enough money to make that trip if it is further. 

mspart

Maybe I was not clear enough.  I meant a future where the price shown on the pump we were at changed as we watched, ready to pump.  If I extrapolate from back when, to today, to the future, that's not so terribly far-fetched.  You're just a youngster, I grew up riding donkeys and wearing fig leaves.  Gaso-what?

Link to comment
Share on other sites

On 1/26/2023 at 8:42 AM, Plasmodium said:

LOL

What's funny about it. You're denial of the fact doesn't change it. The most competent and productive group of workers is leaving and being driven out of the work place. It should be obvious by observation.  The number 1 issue most companies have today isn't getting workers it's getting competent and productive workers. 

Link to comment
Share on other sites

16 hours ago, BerniePragle said:

Maybe I was not clear enough.  I meant a future where the price shown on the pump we were at changed as we watched, ready to pump.  If I extrapolate from back when, to today, to the future, that's not so terribly far-fetched.  You're just a youngster, I grew up riding donkeys and wearing fig leaves.  Gaso-what?

I was just supplying an anecdote from my past.   That said, you ARE old!!

mspart

Link to comment
Share on other sites

1 hour ago, mspart said:

I was just supplying an anecdote from my past.   That said, you ARE old!!

mspart

I remember my mom buying gas on the way to Disneyland for $0.24/gallon.

I was ~5, we stopped to get gas on I5, there was a promotional signup thing where you got a plastic Noah's ark and a couple of pairs of plastic animals along with a discount tank fill.

Edited by Mike Parrish
  • Haha 1
Link to comment
Share on other sites

1 hour ago, mspart said:

I grew up in Huntsville, AL.   That's where I remember 18.9 cents a gallon.  Normally it was 21.9 cents.   I don't remember getting any kind of toy or anything.   You are one lucky one Mike. 

mspart

Once my grandpa saw how much I liked that toy, he made it a point to get gas every week at the local station and insisted on the free toys.

I had ~200 plastic animals by the time the promotion ended.

I think it was this one. Or one very close to it.
https://www.tgldirect.com/vintage-1972-arco-gas-noahs-ark-play-set-with-noah-ramp-and-38-animals

  • Fire 1
Link to comment
Share on other sites

I like the cavemen or ape men.   Nice touch!!

Very nice of your grandpa.   My grandpa on my dad's side died when I was -19 years old.   I never knew him of course  My other grandpa died when I was +32.   I did know him.   Was an English Prof at Wash State University - Go Cougs!   He actually believed that Shakespeare wrote his stuff by himself.  

mspart

Link to comment
Share on other sites

On 1/30/2023 at 9:24 AM, mspart said:

Gas jumped another 10 cents a gallon from Thu to Fri.  The carbon tax is taking effect.   Gas prices in states around us are going down.  Ours are going up. 

mspart

Gas went up another 10 cents a gallon.   That is 20 cents a gallon in less than a week.   And this is at the cheapest gas stations where I get gas.   They are always way under the competition so they are feeling the wholesale difference.   Gotta love that carbon tax.   While everyone else's gas is going down in price, ours is going up. 

mspart

Link to comment
Share on other sites

On 1/27/2023 at 2:42 PM, Mike Parrish said:

Once my grandpa saw how much I liked that toy, he made it a point to get gas every week at the local station and insisted on the free toys.

I had ~200 plastic animals by the time the promotion ended.

I think it was this one. Or one very close to it.
https://www.tgldirect.com/vintage-1972-arco-gas-noahs-ark-play-set-with-noah-ramp-and-38-animals

You could find the vintage collection and buy it for nostalgia.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Playwire Ad Area



  • Playwire Ad Area
  • Latest Rankings

  • College Commitments

    Adam Mattin

    Delta, Ohio
    Class of 2025
    Committed to Stanford
    Projected Weight: 125, 133

    Grant Stromberg

    Mukwonago, Wisconsin
    Class of 2024
    Committed to Northern Iowa
    Projected Weight: 285

    Hudson Ward

    Canton, Pennsylvania
    Class of 2024
    Committed to Lock Haven
    Projected Weight: 165

    Alex Reed

    Shikellamy, Pennsylvania
    Class of 2024
    Committed to Lock Haven
    Projected Weight: 125

    Darren Florance

    Harpursville, New York
    Class of 2024
    Committed to Lock Haven
    Projected Weight: 125
  • Playwire Ad Area
×
×
  • Create New...