Gas price expect to soar again

they were talking about gas in my newpaper.. .. one guy said to avoid getting gas early in the morning cuz the gas is up a bit then later it goes down then when night comes it goes up again...




Pain at the pumps: gas $1.34 per litre and climbing

By Amanda Pratt
Local News - Saturday, September 03, 2005 @ 01:00

Krystian Kozinski is dumbfounded by the recent soaring gas prices, said to be caused by Hurricane Katrina’s destruction.

“I can’t believe the price of gas today,” said the sub-contract manager for Gas For Less on Colborne Street, across from Pauline Johnson Collegiate, when the price at his station hit $134.7 a litre Friday morning. “But you know what, we’re surprisingly busy.”

And it doesn’t look like the situation is going to improve.

still rising

“I don’t think we’re going to stick at $1.34 today. I’m sure we’re going to hit the low $1.40s,” he said.

Kozinski said hardly anyone pulls up and asks for $5 or $10 worth of gas anymore.

“Five or 10 bucks doesn’t get you very far — maybe from station to station.”

He added that it’s painful for most patrons to even acknowledge what they’re spending on fuel.


“The majority of customers don’t ask about the price anymore,” he said. “They just say, ‘Fill it up.’”

Kozinski suggested price gouging may be an issue with some of the major gas companies, noting that some stations always have higher prices, even when they’re self-serve and have fewer employees than full service stations like his.

“You can see just how much more the major companies make from the customer,” he said.

Kozinski recommended that people in Brantford should “stay away from the pumps first thing in the morning.” He has noticed that in Brantford in particular, the big companies jack up the prices to catch people heading to work who are “more desperate” for gas, then bring them down around 9 a.m. or 10 a.m. He said the large chains especially put the prices back up at night.

“It’s been like this every day for about three months.”

Kozinski said it’s curious that one major fuel company in town can hold 200,000 litres in the ground and would have paid to be stocked with fuel last weekend before the prices went up, yet is still charging higher prices. Kozinski said his tank holds 80,000 litres and he’d run out of fuel if he went longer than four business days without restocking it.

Besides avoiding the gas station in the morning, Kozinski said looking for a vehicle with better gas mileage is obviously a smart idea.

“There’s still a lot of SUV’s driving around,” he noted.

He has noticed people are trying to conserve and that he’s seeing a lot of his regular customers stopping by for cigarettes but riding bicycles to work or car pooling.

tempers flaring

But tempers are flaring and others haven’t taken such a sensible approach to the situation.

“We do get a lot of difficult people because of the price of gas but it’s the business we’re in,” he said. “We see a lot of angry people, yelling and cursing at the employees, but it’s not their fault.”

“We have people driving away without paying, maybe double or triple from over a week ago,” he said. “We got the licence plate number and called the cops on one lady and her excuse was that the cost of gas was so high.”

Meanwhile, Friday morning the price of supreme grade gasoline was at $1.45 a litre.


http://www.brantfordexpositor.ca/we...24340&catname=Local+News&classif=News+-+Local
 
I DO expect it will fall back somewhere after labor day weekend. Just don't know WHEN it will fall back, All because of that Katrina!

DeafSCUBA98 said:
gas price had dropped last few days now at $2.79 yay!
 
Lotta bicycles for sale this weekend at the swap meets many going for as little as $5.

Richard
 
Another approach

Here's something that you could try to beat gas prices. I just saw this on Yahoo.
http://news.yahoo.com/s/ap/20050905/ap_on_fe_st/horse_commute

Gas Prices Drive Man to Commute by Horse
Sun Sep 4, 9:07 PM ET

Jim Jundt was so determined to rein in his spending on gasoline that he got out of bed early and rode his 14-year-old quarterhorse mare to work.

Jundt lives 15 miles south of Minot and works as a mechanic at Goodyear Tire & Auto Service in the city.

He said he and his co-workers had been talking about rising fuel prices, and he joked that he would ride his horse to work if gasoline ever hit $3 a gallon.

His co-workers laughed, but when the price at the pump soared to $3.20 last week, Jundt headed for the barn.

He said he was only five minutes late riding his mare, Patty, to work.

While he worked, Patty waited patiently, eating hay out of the back of a truck.

Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

Copyright © 2005 Yahoo! Inc. All rights reserved.
Questions or Comments
 
diehardbiker65 said:
I DO expect it will fall back somewhere after labor day weekend. Just don't know WHEN it will fall back, All because of that Katrina!

There's several things that will help lower the price of oil, but for the Labor Day holiday, demand is high, and in the spirit of capitalism, its important to take advantage of that.
 
YEa, it's the Law of supply and demand! Its been around for over 200 years in America. As of right now, the oil refinery is at 25% of normal capacity, and that is BAD! So, because they only have one gallon to 4 required gallons by customers, so therefore they jack up the price all because of this pure demand. If there is no demand for gas, and I can bet that price will drop like dead flies. The Law of supply and demand isn't limited to just gas, but its basics on everything.
One classic examples, if you visit E-Bay, and if you notice there is one rare item going on auction and alot people want to buy, the bidding goes higher and higher on other hand that item that no one wants, the price stays there, and sometimes force the seller to lower the asking price.
I am pretty sure that the demand for gas will cool down around mid September. But the problem is heating oil, demand will start to pick up soon!

cental34 said:
There's several things that will help lower the price of oil, but for the Labor Day holiday, demand is high, and in the spirit of capitalism, its important to take advantage of that.
 
diehardbiker65 said:
I DO expect it will fall back somewhere after labor day weekend. Just don't know WHEN it will fall back, All because of that Katrina!
acually it fall back last friday night. that was before labor day weekend
 
Maybe that is because they have either more supply that is enough to meet the demand or that demand has decreased.

DeafSCUBA98 said:
acually it fall back last friday night. that was before labor day weekend
 
Doesn't want look forward uglier gas price!!!

Keep stay down and lower the price... May Automotive companies will cries and scream due losing their business due customer are not going buying the cars or trucks or other kind whatever... due gas expensive... Want to buy hybird but when release comes in sooner or never..... Buy Bicycle is free ride but how distance you want visit your family where live far away.... *ouch* (Squeals scream)
 
Hybrid has been around for about a year already. What the hybrid manufacturer won't tell you is that the battery replacement cost around seven thousand dollars. They only good for average of 5 years! Is it worth to save few thousand dollars of gas?
I can bet within 4 or 5 years from now, we will be starting to hear complaints about Hybrid cars, and they will depreciate FASTER at that time.

Bullym0m said:
Doesn't want look forward uglier gas price!!!

Keep stay down and lower the price... May Automotive companies will cries and scream due losing their business due customer are not going buying the cars or trucks or other kind whatever... due gas expensive... Want to buy hybird but when release comes in sooner or never..... Buy Bicycle is free ride but how distance you want visit your family where live far away.... *ouch* (Squeals scream)
 
The first Hybrids were out in 2001, I think. The Toyota Prius and Honda Insight, so far they're 4 years old and we haven't heard complaints, yet.

diehardbiker65 said:
Hybrid has been around for about a year already. What the hybrid manufacturer won't tell you is that the battery replacement cost around seven thousand dollars. They only good for average of 5 years! Is it worth to save few thousand dollars of gas?
I can bet within 4 or 5 years from now, we will be starting to hear complaints about Hybrid cars, and they will depreciate FASTER at that time.
 
Tomorrow is my first work day after 3 weeks vacation... it mean that I has to use car for go to work... Urrhhh

I use bicycle everyday to town to shop small things for 3 weeks... tomorrow... uggrrrhhh
 
Soon we will! I have never heard batteries that lasts forever. Those who bought hybrids back then DO have money, that is why they don't care about cost, but care about environment. Today, poor people care about the cost, so not realize what they are waiting for.

sequoias said:
The first Hybrids were out in 2001, I think. The Toyota Prius and Honda Insight, so far they're 4 years old and we haven't heard complaints, yet.
 
diehardbiker65 said:
Hybrid has been around for about a year already. What the hybrid manufacturer won't tell you is that the battery replacement cost around seven thousand dollars. They only good for average of 5 years! Is it worth to save few thousand dollars of gas?
I can bet within 4 or 5 years from now, we will be starting to hear complaints about Hybrid cars, and they will depreciate FASTER at that time.


DieHard,

errr.. I wasn't mentioned CAR.... kinda of SUV i'm look'n for suv-hybird come w/electric save than gas costly.. My hubby told me about the suv (may possible future will come electric but no guarteened and just got news from his work rumour mills cuz he working at FORMET ltd (Manga LTD) Have you heard about this company ?

Manga is strongest supplier for pick up trucks/cars/and more...
 
The gas prices look worst near future because of hurricane and war that is why.
 
Gas prices havent affected me any, I drive maybe 200 miles a month. That's one of the biggest perks of staying at home and working from home. As for my husband he drives a 2001 Buell Blast which is a 2 gal ~ 70 mpg (140 miles out of 2 gallons!) and his work is 5 miles up the road. No biggie :-D On the other hand, my dad's raised his selling price for paint jobs because it now costs him $100+ to fill up his dodge van, and he's considering retiring, which is ok again because my mom does what I do and works from home now so the extra money offsets the money Dad wouldve earned painting houses around Atlanta!

:giggle:
 
DeafBiker4JC said:
Gas prices havent affected me any, I drive maybe 200 miles a month. That's one of the biggest perks of staying at home and working from home. As for my husband he drives a 2001 Buell Blast which is a 2 gal ~ 70 mpg (140 miles out of 2 gallons!) and his work is 5 miles up the road. No biggie :-D On the other hand, my dad's raised his selling price for paint jobs because it now costs him $100+ to fill up his dodge van, and he's considering retiring, which is ok again because my mom does what I do and works from home now so the extra money offsets the money Dad wouldve earned painting houses around Atlanta!

:giggle:
yeah.. once i'm done with college i'm hoping to work at home which doesn't need any transportation to work it will help alot.. i've seen more and more people are working at home.. their boss give them paperwork and they work at home.. but have to go to meetings.. a nice thought!

but stressful for some though.. because have to be done by that time or else :eek:
 
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