Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:33 AM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil and gasoline prices stablize amid Iraq concerns Back to Topics
Minutefan

Champion Author
Springfield

Posts:4,750
Points:1,751,670
Joined:Aug 2004
Message Posted: Jun 13, 2014 10:45:17 PM

Oil and gas prices took a breather Friday but were still higher for the week over concerns about Iraq and disruptions in oil supplies.
Crude oil prices were up slightly while wholesale gasoline prices were actually down 1 to 3 cents per gallon, depending on the region., after a runup Thursday that many expected to continue.
But it didn’t — at least not yet.
“It was kind of a tame day” compared with Thursday, said Jim Mosby, a partner for Admo Energy in Kansas City, which helps gas retailers in the region buy wholesale fuel.
After jumping over $2 on Thursday, the benchmark U.S. oil contract for July delivery rose 38 cents and closed at $106.91 in New York. For the week, the U.S. benchmark rose 4.1 percent.
Brent crude, a benchmark for international oils used by many U.S. refineries, gai
Visit The Kansas City Star for full article
REPLIES (newest first) Post a Reply
Profile Pic
jrs4125
Champion Author Indiana

Posts:4,787
Points:1,156,020
Joined:Sep 2011
Message Posted: Jun 15, 2014 9:11:13 AM

Alrighty then.
Profile Pic
Toonces2013
All-Star Author Illinois

Posts:603
Points:30,980
Joined:Jan 2013
Message Posted: Jun 14, 2014 8:27:05 PM

2b0b: or "GovernmentDependence Day".
Profile Pic
Night Owl
Champion Author Toronto

Posts:9,950
Points:2,357,550
Joined:Jul 2004
Message Posted: Jun 14, 2014 12:20:48 PM

scu227 is absolutely correct. Gas prices are at a record high today in Toronto.
Profile Pic
scorpiogg
Champion Author Modesto

Posts:1,640
Points:661,655
Joined:Nov 2012
Message Posted: Jun 14, 2014 8:15:44 AM

Ok
Profile Pic
scu227
Champion Author New Haven

Posts:6,931
Points:1,347,080
Joined:Feb 2011
Message Posted: Jun 14, 2014 7:51:32 AM

Already rising here at the pump. Somebody is making a windfall profit and it is just wrong !!!!!!!!!!!!!!!!!!!!!!
Profile Pic
werich44
Champion Author California

Posts:4,366
Points:1,044,730
Joined:Jun 2011
Message Posted: Jun 14, 2014 7:48:53 AM

When will the insanity stop?
Profile Pic
Nancy&Len
Champion Author Cleveland

Posts:4,351
Points:2,484,550
Joined:Sep 2004
Message Posted: Jun 14, 2014 7:41:12 AM

Way up around here.
Profile Pic
jjjleblanc
Champion Author Rochester

Posts:8,311
Points:2,090,970
Joined:Jun 2008
Message Posted: Jun 14, 2014 7:37:27 AM

Mixed messages.
Profile Pic
WeasleyOC
Champion Author Orange County

Posts:5,555
Points:1,374,135
Joined:Jul 2008
Message Posted: Jun 14, 2014 7:08:45 AM

Which story is correct?
Profile Pic
iFueler
Champion Author Durham

Posts:74,788
Points:752,225
Joined:Nov 2012
Message Posted: Jun 14, 2014 3:48:06 AM


     ok
Profile Pic
2b0b
Champion Author Tulsa

Posts:2,375
Points:730,900
Joined:Sep 2012
Message Posted: Jun 14, 2014 1:31:08 AM

The real price spike will come in a couple of weeks, just in time for the Independence Day holiday.
Maybe the President should rename it Interdependence Day.
Profile Pic
Vette1967
Champion Author Albany

Posts:8,455
Points:1,853,270
Joined:Jun 2009
Message Posted: Jun 14, 2014 12:57:03 AM

Yeah...Some stations raised their prices a little too.
Profile Pic
JohnofGB
Champion Author Flint

Posts:7,908
Points:1,670,020
Joined:Feb 2010
Message Posted: Jun 14, 2014 12:53:54 AM

Don't hold your breath.
Profile Pic
amerk73
Champion Author Dallas

Posts:9,504
Points:2,196,470
Joined:Oct 2008
Message Posted: Jun 14, 2014 12:51:19 AM

ok
Profile Pic
johnpuh
Champion Author Ohio

Posts:2,160
Points:736,275
Joined:Sep 2012
Message Posted: Jun 14, 2014 12:46:11 AM

Define stable.
Profile Pic
wessong
Champion Author Saskatchewan

Posts:1,242
Points:486,400
Joined:Nov 2012
Message Posted: Jun 14, 2014 12:43:31 AM

How much higher can they rise, really??
Profile Pic
andy1024
Champion Author Allentown

Posts:4,126
Points:976,580
Joined:Dec 2011
Message Posted: Jun 14, 2014 12:38:39 AM

Take a breath before going higher?
Profile Pic
PainterRandy
Rookie Author California

Posts:20
Points:8,505
Joined:Oct 2012
Message Posted: Jun 14, 2014 12:30:05 AM

More excuses to get more money from us
Profile Pic
gmaonthego
All-Star Author Michigan

Posts:717
Points:458,915
Joined:Oct 2012
Message Posted: Jun 14, 2014 12:19:11 AM

$.37-$.42/gal. jump here in west Michigan!!!!!! $3.99/gal. Pure Michigan!!!!!!!!!!!!
Profile Pic
papajcs
Champion Author Indiana

Posts:1,480
Points:1,046,945
Joined:Jun 2011
Message Posted: Jun 14, 2014 12:16:35 AM

Not stable at all here. Jumped $0.20 per gallon this afternoon.
Profile Pic
MikeCapeCoral
Champion Author Cape Coral

Posts:4,780
Points:996,665
Joined:Feb 2012
Message Posted: Jun 14, 2014 12:14:49 AM

Down slightly here in SW FL.
Profile Pic
nurdco
Champion Author Colorado Springs

Posts:12,699
Points:2,270,790
Joined:Apr 2008
Message Posted: Jun 14, 2014 12:09:54 AM

What stability?
Profile Pic
jrschl
Champion Author Louisville

Posts:5,454
Points:1,257,840
Joined:Jun 2011
Message Posted: Jun 14, 2014 12:07:30 AM

I guess they are stabilized since they jumped 20-30¢.
Profile Pic
pricewar
Champion Author Ogden

Posts:4,486
Points:852,130
Joined:Jul 2012
Message Posted: Jun 14, 2014 12:06:22 AM

Prices are so high as it is
Profile Pic
Wanda127
Champion Author Florida

Posts:4,861
Points:1,486,095
Joined:May 2010
Message Posted: Jun 14, 2014 12:04:04 AM

Hope they don't really go up anymore than it is right now but I'm sure it will.
Profile Pic
1momsunshine
Champion Author Ottawa

Posts:7,833
Points:1,542,880
Joined:Mar 2010
Message Posted: Jun 14, 2014 12:01:18 AM

k
Profile Pic
tim1999
All-Star Author Kansas City

Posts:995
Points:377,440
Joined:Jun 2013
Message Posted: Jun 13, 2014 11:29:04 PM

Supply and demand.
Profile Pic
RTBama1
All-Star Author Montgomery

Posts:958
Points:2,086,235
Joined:Aug 2005
Message Posted: Jun 13, 2014 11:18:27 PM

Stable = good.
Profile Pic
humblepie
Champion Author Toledo

Posts:56,458
Points:2,949,970
Joined:Mar 2006
Message Posted: Jun 13, 2014 11:10:32 PM

the wholesalers are loving this
Profile Pic
eddie2456
All-Star Author Long Island

Posts:744
Points:358,870
Joined:Nov 2013
Message Posted: Jun 13, 2014 11:07:02 PM

ok
Profile Pic
cutlass72
All-Star Author Michigan

Posts:553
Points:2,367,945
Joined:Aug 2005
Message Posted: Jun 13, 2014 10:50:21 PM

they will still be going up
Profile Pic
alterman156
Champion Author New York

Posts:9,985
Points:2,132,825
Joined:Dec 2008
Message Posted: Jun 13, 2014 10:49:59 PM

I would say that gasoline prices could become unstable depending upon what happens in Iraq. Keep tabs on this situation.
Profile Pic
Pozole
Champion Author Portland

Posts:15,976
Points:2,171,920
Joined:Mar 2005
Message Posted: Jun 13, 2014 10:48:55 PM

...BULL !...still GOING UP HERE !...
Profile Pic
Minutefan
Champion Author Springfield

Posts:4,750
Points:1,751,670
Joined:Aug 2004
Message Posted: Jun 13, 2014 10:46:05 PM

gouging happening at the retail level.
Post a reply Back to Topics