I find it funny how wide the spectulation is for this summer. Many of you have heard tops at the $4 range, while others say its won't be much over $2.80.
All I know is crude oil has been down the past 2 days on wall street yet gas went from $2.89 to $3.19 here in Toledo. Oh, and I also know I don't go to Speedway either.
Trip Count 2003: 13 2004: 24 2005: 22 2006: 25 2007: 25
You cant count on the gas prices in Toledo though, they are extremely bizzare. Even in periods of stagnation the prices rythemically begin at a high price, slowly drop 20 cents in about a week and then one day shoot back up to the high price. Just wait a few days and youll see gas back at 2.99 (which is only a ten cent raise, which isnt as dramatic.)
The gas thing is ridiculous. The people running the oil industry are all criminals who have found the perfect "drug" that they can charge anything they want for. I'm shocked it's not at $5 a gallon, it's not like Exxon is making record profits or anything....
Anyway, I'm sure gas will continue to hurt CP's numbers again this summer. The crappy economy barely lets most people put enough gas in their tanks to get to their job and back, must less luxury trips to CP.
And then one day you find ten years have got behind you
No one told you when to run, you missed the starting gun
Touchdown said:
You cant count on the gas prices in Toledo though, they are extremely bizzare. Even in periods of stagnation the prices rythemically begin at a high price, slowly drop 20 cents in about a week and then one day shoot back up to the high price. Just wait a few days and youll see gas back at 2.99 (which is only a ten cent raise, which isnt as dramatic.)
I am not so sure my friend. I would agree with you that gas seemly shoots up $.30 cents and then it slowly drops back down. Problem is, 3 weeks ago, gas was $2.54 and now it is $3.19. (I know it was $2.54 cause I filled up my V8 Toyota Tundra and it has set in the driveway ever since, now all I drive is my V6 Jeep) There hasn't been a slow drop down in forever. If gas continued to progress at the current pace here in town, we will be paying about $3.60 in another 3 weeks.
Another thing that is ridicious is here in Toledo back in January we had the lowest gas prices in the whole United States. It was on national news several nights in a row. Lowest price I saw was $1.79 and now we are at $3.19 in just 3 months? Absolutely crazy that the price of gas can vary that much in such a short time. Thats almost a 50% increase in 90 days.
Trip Count 2003: 13 2004: 24 2005: 22 2006: 25 2007: 25
^My other theory on that is that we are a stop gap for the industry to somewhat manage the national average. When it is in their best interest to make the national average appear to be lower our prices are dropped drastically (like for instance the election year last fall) without losing too much profit since we are so close to a bunch of refineries. However, when they dont care how high the average appears to be we will hang around it and when they want to artificially raise it (to cause panic, ripple effect, like now so that they can keep them high throughout the summer driving season) we go above the average.
Thats seriously the only thing that makes sense to how crazy gas prices are here.
From $2 to $3, Cleveland to Sandusky, you'll spend an extra $5 round-trip, even at a crappy 20 mpg. So what. That wouldn't buy fries and a drink.
It kills me that people complain about gas prices, yet keep buying SUV's and big cars that don't get them to where they're going any more than a smaller more efficient car would.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
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