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Author Topic: Gasoline Futures Heading for Biggest Monthly Gain Since March Back to Topics
xgojim

Champion Author
Michigan

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Message Posted: Dec 31, 2013 6:14:43 PM

Gasoline futures rose amid below-average volume, heading for the biggest monthly gain since July. Prices are up 4 percent in December. Trading volume was 43 percent below the 100-day average at 10:18 a.m. A French refinery strike and plant upsets in the U.S. reduced supply earlier in the month as demand increased. “Today is expiration and traders are only taking what they need,” said Andy Lipow, president of Lipow Oil Associates LLC in Houston. “Volumes are very very low.” Gasoline for January delivery gained 0.48 cent to $2.7925 a gallon on the New York Mercantile Exchange. Prices have gained 6 percent in the three months ended today, the biggest fourth-quarter increase since 2010. The motor fuel has retreated 0.7 percent this year. Total SA’s five refineries in France have returned t
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REPLIES (newest first) Post a Reply
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PAA64
Champion Author Cincinnati

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Message Posted: Jan 9, 2014 12:33:05 AM

interesting
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BarbieLoveJax
Champion Author Jacksonville

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Message Posted: Jan 2, 2014 3:34:48 PM

No big surprise with the Dow closing at an all-time high to end 2013.
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dandvicb
Champion Author Bridgeport

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Message Posted: Jan 2, 2014 6:41:06 AM

SPECULATORS Dream come true!!!
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SkooterG
Champion Author Phoenix

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Message Posted: Jan 2, 2014 3:43:48 AM

Whatever.
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tidalwave3
Champion Author Tallahassee

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Message Posted: Jan 1, 2014 11:53:03 PM

Speculators are of no purpose but greed :(
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roadrunnin
Champion Author Richmond

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Message Posted: Jan 1, 2014 11:49:34 PM

higher futures = higher prices at the pump
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57JoJo
Champion Author Toronto

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Message Posted: Jan 1, 2014 6:23:09 PM

The reason for all the price spikes are the SPECULATORS! Stop and think about all the refinery fires and mishaps, pipeline leaks, train derailments, this or that terrorist attack. Hmmm who was behind these events, does anyone want to suggest.
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autohio
Champion Author Ohio

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Message Posted: Jan 1, 2014 6:18:33 PM

Swell
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ItisAJeepThing
Champion Author Tucson

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Message Posted: Jan 1, 2014 6:16:27 PM

Make the SPECULATORS take actual delivery of say 50% of their fuel.

Only buy it if you can use it.
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johne1955
Champion Author New Jersey

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Message Posted: Jan 1, 2014 6:16:01 PM

Old news.
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dbecks44
Champion Author Michigan

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Message Posted: Jan 1, 2014 6:12:41 PM

Going to be an interesting ride...
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datsyuk90
All-Star Author Vancouver

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Message Posted: Jan 1, 2014 6:09:58 PM

k
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rocknvox
Champion Author Bakersfield

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Message Posted: Jan 1, 2014 6:04:51 PM

I think future suck like a vacuum cleaner
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jbennett33
Sophomore Author Illinois

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Message Posted: Jan 1, 2014 6:00:17 PM

ok
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jcotaxi
Champion Author South Bend

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Message Posted: Jan 1, 2014 5:59:46 PM

So will this drive up our prices - when?
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srchr
Champion Author San Jose

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Message Posted: Jan 1, 2014 5:58:24 PM

can't wait
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ron98146
Champion Author Seattle

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Message Posted: Jan 1, 2014 5:55:09 PM

speculators on the prowl.
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hoosh13
Champion Author Vancouver

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Message Posted: Jan 1, 2014 5:54:50 PM

really
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yeehaw1073
Champion Author Indiana

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Message Posted: Jan 1, 2014 5:52:51 PM

maybe prices will go down at the pump? I doubt it.
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wegman
Champion Author Twin Cities

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Message Posted: Jan 1, 2014 5:50:57 PM

Bad for us.
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robgdl
Veteran Author Columbus

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Message Posted: Jan 1, 2014 5:50:40 PM

ok
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rastaman215
Champion Author Ann Arbor

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Message Posted: Jan 1, 2014 5:50:06 PM

Blah, Blah, Blah, we will get your Money! Futures, refinery problems, train derailments, doesn't matter we will get your money.
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mplato
Champion Author Columbia

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Message Posted: Jan 1, 2014 5:49:41 PM

meaning higher gas prices on the way
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442Nut
Champion Author Massachusetts

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Message Posted: Jan 1, 2014 5:48:25 PM

ok
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Vitobug
Champion Author El Paso

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Message Posted: Jan 1, 2014 5:46:38 PM

Yup- prices are going up
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Neely8
Champion Author Boston

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Message Posted: Jan 1, 2014 5:42:32 PM

Good article
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lgwhitlock
Champion Author Chico

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Message Posted: Jan 1, 2014 5:41:46 PM

It certainly is heading up...
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WhyThisStation
Champion Author Washington

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Message Posted: Jan 1, 2014 5:41:41 PM

They lied, where are the lower gas prices!
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soups5
Champion Author Victoria

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Message Posted: Jan 1, 2014 5:37:01 PM

lower
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Zeke33
Champion Author New Hampshire

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Message Posted: Jan 1, 2014 5:36:10 PM

No explanations needed. We all know that it is GOUGING. B.O.H.I.C.A.
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marinedad1949
Champion Author Lancaster

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Message Posted: Jan 1, 2014 5:35:36 PM

Big oil doesn't care about anything except the profit line!
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vermontsilkie
Veteran Author Vermont

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Message Posted: Jan 1, 2014 5:35:32 PM

Grrrrr! Not wishing increased profits to oil companies.
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beohbeNJ
Champion Author New Jersey

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Message Posted: Jan 1, 2014 5:34:14 PM

Just dandy!
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aarrrt
Champion Author San Diego

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Message Posted: Jan 1, 2014 5:33:22 PM

Bidding up the prices once again.
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JFC
Champion Author Omaha

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Message Posted: Jan 1, 2014 5:32:24 PM

the 'TOTAL' strike in France is going to push prices up along with the super cold winter here....
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Me210
Champion Author Washington

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Message Posted: Jan 1, 2014 5:31:06 PM

That explains the why the gas prices are increasing.

[Edited by: Me210 at 1/1/2014 5:31:02 PM EST]
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teamsimons
Champion Author South Carolina

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Message Posted: Jan 1, 2014 5:30:52 PM

We don't understand futures very well, but if gas prices are lower as a result, perhaps that's a good thing.
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rjoeh
Champion Author Michigan

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Message Posted: Jan 1, 2014 5:29:08 PM

Sounds like big business and specuators are doing their best to bring back scrooge for the new year.
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Rednix
Champion Author Miami

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Message Posted: Jan 1, 2014 5:29:03 PM

That doesn't sound good for us.
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lonniei256
All-Star Author Georgia

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Message Posted: Jan 1, 2014 5:27:38 PM

These speculators always make the price rise. They need to Stop!
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biza4u
Champion Author New Haven

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Message Posted: Jan 1, 2014 5:26:23 PM

Read the last article
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MG_Sputnik
Champion Author Philadelphia

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Message Posted: Jan 1, 2014 5:22:57 PM

Which means we're all doomed.
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Paul1955
Champion Author Evansville

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Message Posted: Jan 1, 2014 5:22:34 PM

Not surprised at all
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bearzz
Champion Author California

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Message Posted: Jan 1, 2014 5:22:07 PM

Unfortunately . . . futures . . . trading . . . up and down, but mostly gas prices just seem to go up.
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giwan
Champion Author Michigan

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Message Posted: Jan 1, 2014 5:21:42 PM

Say one thing do another
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No1ConMan
Champion Author Memphis

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Message Posted: Jan 1, 2014 5:20:19 PM

If the forecast is for lower prices, why are the futures up? Exactly where the prices are headed!
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lkozark
Champion Author Missouri

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Message Posted: Jan 1, 2014 5:18:58 PM

The previous talked about lower prices but the GREED of Pig-Oil and Wall Street, coupled with Politicians that care more about their campaign funds than their electorate assure us that prices will increase.
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BPonRTE66
Champion Author California

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Message Posted: Jan 1, 2014 5:18:02 PM

Happy New Year
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gamalerin
Champion Author Tampa

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Message Posted: Jan 1, 2014 5:14:07 PM

Happy New Year!!!!
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bobdec
Champion Author Miami

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Message Posted: Jan 1, 2014 5:13:18 PM

Speculators at it as usus;
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