Gas on the rise again?

[Carmine]

Never thought I'd see gas more expensive in NJ then NY, but it is thanks to NJ raising the tax 23 cents per gallon. And PA., I'm not sure what to make of them. They seem to be the highest in the tri state area. I live right on the border of both of those states. Use to shop in PA. and swing through NJ for the cheaper gas. No more. NY gas is actually cheaper I think by about 5 cents per gallon. Filled up yesterday for $2.41 per gallon, Carmine.

 

[Don Jacks]

Right now,we're about 1.99 for 87,was as low as 1.65 a couple of months ago.

 

[bobs409]

Hey Bob, are you ready for the next increase in Pa.? Going up another 8 cents January 1, 2017. Pa. tops the list for the highest tax per gallon at 58 cents.

Jim, your estimate was a little low. PA was .70 cents a gallon and now going to .78 cents!

Here's a story on it:
http://republicanherald.com/news/new-year-brings-higher-gas-prices-1.2136976

 

[Jim Sullivan]

Yike, guess I can't believe everything the local newscasters report. That's so much worse than I would have guessed.

 

[bobs409]

Unless my source is wrong.

 

[Agent Blue]

Major price hikes can be related to holiday traveling . Look at the traffic between Christmas and New Years. Two week before and after can generate a lot of revenue for road tax and profit. Motels have no problem with their quadruple rate changes plus mandatory two nite reservations when major sporting events like Nascar come to town. How about pipeline maintenance in the middle of the midwest heating season ? I am sure repairs are easier when there is two feet of frost in the ground. Were never going to be more than a captive audience.

 

[Iowa 409 Guy]

Captive audience......No way......I just won't buy any....

 

[Agent Blue]

Great idea, ..... Lets get to converting to an alternative fuel. I will shop for a flux capacitor, you buy or fab the metal conversion surround making sure it can withstand high temps, and another member can concentrate on the control computer / wiring. We don't need flight capability right away but reasonable range and speed is a must. Now, .... we need a four door for easy access if we get into the Uber business. I see a money maker !!!!~

 

[Iowa 409 Guy]

I usually have at least half to two thirds of my diesel for the year booked by now, usually in December.

Fuel for March delivery of 2017 it went like this:

September 1 1.61
October 4 1.75
November 1 1.68
December 4 1.80
Today 1.85

No delivery or tax included.

I held off booking fuel after speaking with my guy in November and again in December. He says that there is a surplus of fuel out there. Also, OPEC had their meeting and
agreed to cut production. Believe it or not, those OPEC dudes sometimes don't stick to their word. Right now, I'm betting there will be a large amount of overproducing from them and the price will come down.

Or, I screwed up and cost myself a bunch of money...............

 

[Jeff Olson]

Sounds about right, I don't know the tax differential between Iowa and SD but right now I can sell a transport of fuel for 1.88 but fuel was off a nickel today.

You are spot on with OPEC, they make a deal but are notorious for over shipping.

 

[Iowa 409 Guy]

Sounds about right, I don't know the tax differential between Iowa and SD but right now I can sell a transport of fuel for 1.88 but fuel was off a nickel today.

You are spot on with OPEC, they make a deal but are notorious for over shipping.

Jeff

I added above that the prices are no tax or delivery included. The tax went up in Iowa last year, I believe a dime, which makes it .569 per gallon.

 

[Jeff Olson]

Our tax for highway is .543 and ag .023 so with freight a transport of ag fuel would be 1.8652 and highway 1.8988

 

[Iowa 409 Guy]

Diesel dropped a dime since 3 days ago.

 

[bobs409]

Everything is going up around here!

 

[LMBRJQ 60]

I hope those machined spark plugs havent gone up in price Bob

Steve

 

[Iowa 409 Guy]

Everything is going up around here!

I just happen to be on the cutting edge Bob.....

 

[real61ss]

Wow, I just read where PA. has the highest gas tax in the nation. 76 cents per gallon. How lucky can you be Robert

 

[Dick MacKenzie]

How lucky can Bob be?

 

[Jim Sullivan]

Oh, we're really lucky here in Pa.

 

[Iowa 409 Guy]

How lucky can Bob be?

He could walk 3.4 miles a day and save money Dick.