Gas Prices
08-22-2003, 12:34 PM
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Gas Prices
Has other areas had a major gas hike? We serve Sunoco Marine gas at our place and they just called and said our load tomorrow will go up 11 cents! There may be more increases coming! We are now at 209.9 for 89 octane and 214.9 for 93! They claim someone is buying up major amounts of futures. WTF!
08-22-2003, 01:17 PM
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This may sound crazy, but Cigracer and I like these inflated gas prices. But, I guess not everyone is in the oil and gas business. There is a point to where it gets too high and people buy less, so that hurts people on both sides of the fence.
Burn all of the fuel you can, and maybe we can have rough riders next year.
Burn all of the fuel you can, and maybe we can have rough riders next year.
08-22-2003, 01:31 PM
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I second that warpart36.
It couldnt happen to be because Labor Day is next weekend. No Never.
Its just like the natural gas business. Our local residential provider is telling everyone to expect their gas bills to go up 20-30% this winter because of shortages. Those of us in the oil and gas no this is not 100% true because they have been pumping gas like crazy around here.
Finman
It couldnt happen to be because Labor Day is next weekend. No Never.
Its just like the natural gas business. Our local residential provider is telling everyone to expect their gas bills to go up 20-30% this winter because of shortages. Those of us in the oil and gas no this is not 100% true because they have been pumping gas like crazy around here.
Finman
08-22-2003, 02:06 PM
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08-22-2003, 02:22 PM
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Maybe you guys in the business think it's good, but just wait until the demand goes down due to pricing, and it will.
Mean while, price goes up at the marina, demand goes down. Fewer people use thier boats, fewer break downs. hence, less repair work.
Sales of boats will inevitably decrease also!
Then we lay poeple off!
It's the same all over again, history does repeat it's self. Then a light goes on, and gas comes down in price and all of a sudden there is a glut.
Mean while, price goes up at the marina, demand goes down. Fewer people use thier boats, fewer break downs. hence, less repair work.
Sales of boats will inevitably decrease also!
Then we lay poeple off!
It's the same all over again, history does repeat it's self. Then a light goes on, and gas comes down in price and all of a sudden there is a glut.
