Gas Spikes.,... in Connecticut Chat http://www.dslreports.com/forum/r21107195 en Wed, 07 Jan 2009 17:34:26 EDT Wed, 07 Jan 2009 17:34:26 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21185987 orion940 : Hey, just remember Rodney Dangerfield's last line in Caddyshack.

O.
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In Windsor CT, Home of The Decorative Zamboni]]> http://www.dslreports.com/forum/remark,21185987 Mon, 29 Sep 2008 11:29:23 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21185888 P Ness : So oil is 38% off its high of 140 but gas is only off 13% off its high of 4.12.

LOL

please everyone along the chain is raping us over our wallets

good think i went full time work at home. 1 tank a month is great.
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www.stopfcc.com I do not think the government needs to restrict free speech especially on a device that has an off knob.]]> http://www.dslreports.com/forum/remark,21185888 Mon, 29 Sep 2008 11:07:02 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21163058 orion940 : That wasn't directed at you, it was directed at the oil gamblers who helped push up the price.

O.
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In Windsor CT, Home of The Decorative Zamboni]]> http://www.dslreports.com/forum/remark,21163058 Wed, 24 Sep 2008 18:32:51 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21162048 P Ness :
said by orion940 See Profile :

said by P Ness See Profile :

it was because of shorts who had to close contracts and they did not meet their lower price...and had to buy oil contracts to cover their shorts...lots of shorts....driving the price insane.
Oct oil is only at 109...vs 125 for this months close

(CEP News) - Oil is up more than $25 on Monday afternoon due to traders short covering on the October contract as the U.S. dollar plunged on continued uncertainty over the cost of the government's financial bailout plan.

October contracts for Nymex crude oil are up $25.45 per barrel to session highs of $130.00. November contracts are at $110.08. Today marks the first time since July 22 that crude oil has been at or above $130.00.

"It's the last trading day on the front month of October," ScotiaMcLeod commodity futures specialist Mathieu Tessier said in an interview. "Essentially people are covering their shorts going into the expiration... It's crazy. Some win, some lose. It's dog eat dog."
And I got a Milkbone in my shorts.

O.
Don't get me started today.
Huh?

This is exactly what ended up happening.
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www.stopfcc.com I do not think the government needs to restrict free speech especially on a device that has an off knob.]]> http://www.dslreports.com/forum/remark,21162048 Wed, 24 Sep 2008 15:42:11 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21161039 Glenn : Have no fear everyone! I saw and add for Chris Murphy on TV. He said he's giong to stop giving those mean, nasty oil companies tax breaks! That'll show em'!

He did fail to mention that any increase in the cost of doing business is 99.9% of the time passed along to the consumer. So, we can all enjoy even higher prices. Thanks Chris!

:uhh:
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Drill Here. Drill Now. Pay Less.]]> http://www.dslreports.com/forum/remark,21161039 Wed, 24 Sep 2008 12:53:46 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21151061 orion940 :
said by P Ness See Profile :

it was because of shorts who had to close contracts and they did not meet their lower price...and had to buy oil contracts to cover their shorts...lots of shorts....driving the price insane.
Oct oil is only at 109...vs 125 for this months close

(CEP News) - Oil is up more than $25 on Monday afternoon due to traders short covering on the October contract as the U.S. dollar plunged on continued uncertainty over the cost of the government's financial bailout plan.

October contracts for Nymex crude oil are up $25.45 per barrel to session highs of $130.00. November contracts are at $110.08. Today marks the first time since July 22 that crude oil has been at or above $130.00.

"It's the last trading day on the front month of October," ScotiaMcLeod commodity futures specialist Mathieu Tessier said in an interview. "Essentially people are covering their shorts going into the expiration... It's crazy. Some win, some lose. It's dog eat dog."
And I got a Milkbone in my shorts.

O.
Don't get me started today.
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In Windsor CT, Home of The Decorative Zamboni]]> http://www.dslreports.com/forum/remark,21151061 Mon, 22 Sep 2008 17:17:09 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21150837 P Ness :
said by orion940 See Profile :

It was because of the uncertainty in the bail out.

I guess the connection is they were afraid all the policians were going to have to drive to special meetings and use a lot of gas.

O.
lol....

it was because of shorts who had to close contracts and they did not meet their lower price...and had to buy oil contracts to cover their shorts...lots of shorts....driving the price insane.
Oct oil is only at 109...vs 125 for this months close

(CEP News) - Oil is up more than $25 on Monday afternoon due to traders short covering on the October contract as the U.S. dollar plunged on continued uncertainty over the cost of the government's financial bailout plan.

October contracts for Nymex crude oil are up $25.45 per barrel to session highs of $130.00. November contracts are at $110.08. Today marks the first time since July 22 that crude oil has been at or above $130.00.

"It's the last trading day on the front month of October," ScotiaMcLeod commodity futures specialist Mathieu Tessier said in an interview. "Essentially people are covering their shorts going into the expiration... It's crazy. Some win, some lose. It's dog eat dog."]]> http://www.dslreports.com/forum/remark,21150837 Mon, 22 Sep 2008 16:35:06 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21150398 orion940 : It was because of the uncertainty in the bail out.

I guess the connection is they were afraid all the policians were going to have to drive to special meetings and use a lot of gas.

O.
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In Windsor CT, Home of The Decorative Zamboni]]> http://www.dslreports.com/forum/remark,21150398 Mon, 22 Sep 2008 15:21:34 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21150085 P Ness : HOLY FREAKING CHRIST.

oil just went from 102 to 130 in less then 10 minutes today.

sitting at 124 bucks right now....up from 90 in less then 1 week.

freaking no fundimentals behind it...

gas futures down, home heating oil down...but oil is up over 20% today alone...

gee i wonder what gas prices will do today.
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www.stopfcc.com I do not think the government needs to restrict free speech especially on a device that has an off knob.]]> http://www.dslreports.com/forum/remark,21150085 Mon, 22 Sep 2008 14:28:46 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21131030 Glenn : There wasn't anything on the news this AM about this. But Blumenthal was "urging" another brewer to drop it's energy drink that contains alcohol. :uhh: What country to we live in again?
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Drill Here. Drill Now. Pay Less.]]> http://www.dslreports.com/forum/remark,21131030 Thu, 18 Sep 2008 12:38:36 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21126506 orion940 : I think Valero was also on the list. Valero is getting hit nation-wide with complaints. I read some stuff on a Miami web site that had gas at $5 and Valero was on the list.

In defense of the State, it's difficult to say what is price gouging and what is not. If you say .50 is price gouging, then everyone goes .499 higher. I think the sleeze factor comes into play with the gouging. And there is no shortage of that lately, sleeze that is.

O.
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In Windsor CT, Home of The Decorative Zamboni]]> http://www.dslreports.com/forum/remark,21126506 Wed, 17 Sep 2008 17:01:40 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21125206 Glenn : The State is already out on the case! For two mornings in a row, Channel 8 has been talking about it. This morning, they ran a report on prices in Meriden. The problem: Prices were $3.69...then went up to $3.85.

The state, in it's infinite wisdom is cracking down; but of course they have no clear definition of what constitutes "price gouging". Is it a dollar? 50 cents? 16 cents? 4 cents? No one knows! But they did send a letter or warning to Cumberland Farms.
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Drill Here. Drill Now. Pay Less.]]> http://www.dslreports.com/forum/remark,21125206 Wed, 17 Sep 2008 13:19:09 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21125085 gregamy : Sorry, no empathy for the "price gouging" myth. Politicians can play Boogey-Man all they want, but it's a free market. If you don't like the price increase, don't pay it. Nobody is making you buy it, and nobody is keeping you from going somewhere else.

If you support price-fixing - which is exactly what "price gouging laws" do - then you better be prepared for that to expand to a lot of things, including what you do. Price-fixing on gasoline didn't work before, and it won't work again.

Just sayin'.]]> http://www.dslreports.com/forum/remark,21125085 Wed, 17 Sep 2008 12:57:49 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21124820 DrStrange : Or Blumenthal will investigate. I haven't seen a general increase in prices anyway. It looks like some distributors tried to cash in or were caught by someone further up the supply chain. This is where the state AGs and the feds need to track down the point in the system where the price increased and hold that person or those people accountable.]]> http://www.dslreports.com/forum/remark,21124820 Wed, 17 Sep 2008 12:03:47 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21124618 gregamy :
said by DrStrange See Profile :

...the price had better start dropping like a stone within a week or so.
Or....what?]]> http://www.dslreports.com/forum/remark,21124618 Wed, 17 Sep 2008 11:30:30 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21119453 DrStrange : The market price for reformulated gas dropped 15 cents today, as of this post [on top of the drop yesterday]. I had better not see any more of a spike at the pump, and the price had better start dropping like a stone within a week or so.]]> http://www.dslreports.com/forum/remark,21119453 Tue, 16 Sep 2008 14:04:01 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21119118 Glenn : Oil is close to $90 a bbl as of right now. In theory, we should be paying about $3 or a little north thereof for gasoline right now.
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Drill Here. Drill Now. Pay Less.]]> http://www.dslreports.com/forum/remark,21119118 Tue, 16 Sep 2008 13:05:48 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21114015 orion940 : The Mobil station by me at exit 38 (I-91), was still 3.719 yesterday. It's not been lower than that since the whole thing started. I'm shocked that they haven't gone up.

O.
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In Windsor CT, Home of The Decorative Zamboni]]> http://www.dslreports.com/forum/remark,21114015 Mon, 15 Sep 2008 15:38:41 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21113044 Glenn : Don't forget, we're all enjoying high gas prices nationwide from the EPA mandated use of "seasonal blends". So now too few, old refineries have to switch over every so often to make different "blends" of gasoline. I'm sure this gives the environuts a warm and fuzzy feeling. A mind boggling number of blends probably reminds them of going to Starbucks and ordering a complicated cafinated beverage. I'm more of D&D simpleton myself, but that's besides the point.

Furthermore, when we dropped the disastrous additive known as MTBE (because the EPA found out it did nasty things to ground water) we switched to ethanol. With the current state of corn prices (mostly due to the ethanol hoopla) the price of that went up. Ethanol has a funny habit of causing you to get worse gas mileage. I've never figured out the logic of a marginally "cleaner" burning product....but it requires you to use more of it. Isn't that what they call a zero sum game?

Anyways, as of now, crude is trading at $97.40 a barrel...and Ike did little to no damage to refineries. The prices jumped up 10+ cents this weekend. Something tells me I won't be seeing a 10+ cent drop on my ride home this evening.
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Drill Here. Drill Now. Pay Less.]]> http://www.dslreports.com/forum/remark,21113044 Mon, 15 Sep 2008 12:54:45 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21110588 pandora : Connecticut is instituting a cap and trade system for our electric power generation stations this October. Electric bills may go up considerably. Environmentalists waddle about, referring to our power plants as the filthy five, or sooty six.

The New Haven Environmental Justice Network is a fine example of how hostile our state is to electrical power generation - »www.environmental-justice.org/nh···cts.html

In the above link, look for the filthy five or the sooty six. These are fossil fuel electrical power stations, which produce a lot of the power our state requires. The people at the New Haven Environmental Justice Network want to get rid of them, or to invest billions and create something which is impossible, a power plant which produces no output at all but electricity. No nuclear waste, no CO2, nothing else.

Our legislature listens to these nuts, and passes cap and trade legislation. We can expect our electrical rates skyrocket as this policy is implemented.

Won't it be grand to pay a few grand for a $200 electric bill every month, knowing that somewhere someone put up a windmill with your spare change? In Connecticut, our government calls this progress.
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"People demand freedom of speech as a compensation for the freedom of thought which they seldom use."]]> http://www.dslreports.com/forum/remark,21110588 Sun, 14 Sep 2008 22:10:05 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21109774 MrFixitCT :
said by DrStrange See Profile :

stampede by the millions down to DC
unfortunately that'd take a lot of gasoline... ;)]]> http://www.dslreports.com/forum/remark,21109774 Sun, 14 Sep 2008 19:18:57 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21107998 DrStrange : [rant]

IMHO CT isn't so much hostile to industrial development as it is deaf, dumb and blind to the need for sensible industrial development. That and they always want to pave over what's left of our farmland, woodlands and wetlands to put up industrial parks in the middle of nowhere.

There are quite a few blighted properties in the middle of CT's cities that could be bought for a song to develop industry [would it be totally insane to suggest unused or underutilized old industrial sites?!]. Those properties already have city water, city sewers etc. They also would be convenient to major highways and, dare I say it, railroads. The reason CT doesn't put industry in these places is that they're trying to build luxury condos, hotels, sports facilities and convention centers there. These end up costing the state and the towns money instead of bringing in tax revenue. These folks need to stop asking why all the good industrial jobs left and look in the mirror.

I've lived here almost 40 years [lived in NYC area when I was a kid], but I'm seriously beginning to lose patience with the local bass-ackwardness in regard to planning much of any kind of development.

[/rant]]]> http://www.dslreports.com/forum/remark,21107998 Sun, 14 Sep 2008 12:06:36 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21107907 pandora : Part of our problem is so much of our refining is done in the Gulf. Unfortunately, Connecticut as an example, is very hostile to most any industrial development.
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"People demand freedom of speech as a compensation for the freedom of thought which they seldom use."]]> http://www.dslreports.com/forum/remark,21107907 Sun, 14 Sep 2008 11:47:01 EDT Re: Gas Spikes.,... http://www.dslreports.com/forum/remark,21107897 DrStrange : If the government won't stop it, the people should.

Of course, most of the sheeple will pay whatever the corporations want to charge. That's one reason gas [and everything else] got so expensive in the first place.

When the sheeple grow some horns and stampede by the millions down to DC demanding change, then something will be done about the problem [not holding my breath :( ].]]> http://www.dslreports.com/forum/remark,21107897 Sun, 14 Sep 2008 11:42:56 EDT Gas Spikes.,... http://www.dslreports.com/forum/remark,21107195 P Ness : Its already happening here. Oil down from 108 to 102 this week and gas prices are up 12 cents because of the hurricane

of course our gouging gas stations are no where near as bad as those down south.

freaking broken market in a broken system of mini monopolies.
sigh

»www.news-press.com/apps/pbcs.dll···3&Ref=AR
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www.stopfcc.com I do not think the government needs to restrict free speech especially on a device that has an off knob.]]> http://www.dslreports.com/forum/remark,21107195 Sun, 14 Sep 2008 07:45:57 EDT