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(Minneapolis Star Tribune)   Gas prices rise on news that Obama desperately needs the American people to be distracted   (startribune.com) divider line 35
    More: Obvious, Twin Cities, Americans, obama, gas prices, Mercedes SUV, Upper Midwest, oil refineries, Michael Green  
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583 clicks; posted to Business » on 16 May 2013 at 4:11 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-05-16 01:56:42 AM  
It's the end of civilization as we know it.  Buy ammo and canned goods and head for the hills!
 
2013-05-16 02:22:30 AM  
Wag the dog.
 
2013-05-16 02:30:23 AM  
Weird, normally we lead the charge into ridiculous gas prices, but I haven't noticed anything outside of normal seasonal fluctuations.
 
2013-05-16 03:30:16 AM  
Wouldn't Obama have lowered gas prices as a distraction?
 
2013-05-16 04:19:31 AM  
Obama is in his second term ... I doubt that he is desperate about anything.
 
2013-05-16 05:30:16 AM  
Everybody knows as demand goes down, prices go up.
 
2013-05-16 05:41:29 AM  

timujin: Weird, normally we lead the charge into ridiculous gas prices, but I haven't noticed anything outside of normal seasonal fluctuations.


isnt this our twice yearly YAWNNNNNNNNNNNNNNNNNNNNNNNN gas is up again story?
 
2013-05-16 05:43:37 AM  
School's letting out for the Kiddos and summer driving holidays for Americans on the horizon. Gosh, I can't fathom any ga$ profit motive here...
 
2013-05-16 06:20:27 AM  
If they just let people refine their own oil, gas would figure out to 25 cents a gallon.  I have a big lobster pot I could do it in.
 
2013-05-16 06:27:24 AM  

CarnySaur: If they just let people refine their own oil, gas would figure out to 25 cents a gallon.  I have a big lobster pot I could do it in.


THINK OF THE POOR LOBSTERS! WHERE WOULD THEY GO TO DIE?
 
2013-05-16 07:10:00 AM  
I thought IRS-AP-Bengazigate was the distraction from the rebounding economy/falling deficit.
 
2013-05-16 07:23:35 AM  
Going for a squeeze before their collusion scheme gets uncovered in Europe.
 
2013-05-16 07:39:23 AM  
Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.
oil-price.net
If you have a problem with a 40 cent jump in gas prices, DON'T DRIVE. Or at leastbuy a hybrid, because guess what? There is no guarantee that prices will magically stay within your budget. It's a finite commodity and everybody wants some.

/Your kids (and you) can get to school or work on the bus
//Or ride a bike
///No, you don't need a car for every single trip, and if you do maybe you should consider moving
 
2013-05-16 07:52:27 AM  
Gas prices went up because Morgan Stanley made them go up.
 
2013-05-16 08:21:12 AM  
The economy is rebounding? Where? Certainly not here in Florida.
 
2013-05-16 08:28:07 AM  

adamatari: Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.
[oil-price.net image 200x110]
If you have a problem with a 40 cent jump in gas prices, DON'T DRIVE. Or at leastbuy a hybrid, because guess what? There is no guarantee that prices will magically stay within your budget. It's a finite commodity and everybody wants some.

/Your kids (and you) can get to school or work on the bus
//Or ride a bike
///No, you don't need a car for every single trip, and if you do maybe you should consider moving


(clicks profile) Honolulu. Uh huh.  Other metro areas in the US sometimes have this stuff called "bad weather," which prohibit biking for a good part of the year. And many have no bus routes other than a few token business/shoppingloops.

In the last century, this nation has been built with the idea that everyone has access to a vehicle. I'd love it if that wasn't the case, but most of us can't simply trade in our cars for bus passes or bikes and carry on.

/tree hugger
 
2013-05-16 08:28:46 AM  

Pick: The economy is rebounding? Where? Certainly not here in Florida.


From 13 hours ago:  "Combined, the tourism surge and other economic gains have pushed statewide unemployment to a four-year low, Florida Commerce Secretary Gray Swoope said Wednesday during a visit to Sarasota."
http://www.heraldtribune.com/article/20130515/ARTICLE/130519777

But it doesn't feel like it, right?
 
2013-05-16 08:35:27 AM  

Rapmaster2000: Pick: The economy is rebounding? Where? Certainly not here in Florida.

From 13 hours ago:  "Combined, the tourism surge and other economic gains have pushed statewide unemployment to a four-year low, Florida Commerce Secretary Gray Swoope said Wednesday during a visit to Sarasota."
http://www.heraldtribune.com/article/20130515/ARTICLE/130519777

But it doesn't feel like it, right?


It doesn't count as unemployment when people give up looking for jobs.
 
2013-05-16 08:39:54 AM  

babysealclubber: Rapmaster2000: Pick: The economy is rebounding? Where? Certainly not here in Florida.

From 13 hours ago:  "Combined, the tourism surge and other economic gains have pushed statewide unemployment to a four-year low, Florida Commerce Secretary Gray Swoope said Wednesday during a visit to Sarasota."
http://www.heraldtribune.com/article/20130515/ARTICLE/130519777

But it doesn't feel like it, right?

It doesn't count as unemployment when people give up looking for jobs.


This is true.  Do you feel like you've made a point?
 
2013-05-16 08:43:27 AM  

Rapmaster2000: babysealclubber: Rapmaster2000: Pick: The economy is rebounding? Where? Certainly not here in Florida.

From 13 hours ago:  "Combined, the tourism surge and other economic gains have pushed statewide unemployment to a four-year low, Florida Commerce Secretary Gray Swoope said Wednesday during a visit to Sarasota."
http://www.heraldtribune.com/article/20130515/ARTICLE/130519777

But it doesn't feel like it, right?

It doesn't count as unemployment when people give up looking for jobs.

This is true.  Do you feel like you've made a point?


No real point to be made. Pick said it doesn't feel like the Florida economy has rebounded, you came back with, "other economic gains have pushed statewide unemployment to a four-year low." Unemployment isn't the only/best indicator of economic strength when it doesn't take into account people who have stopped looking for work.

And before I am accused, I am not one of those "Hurr durr, the real unemployment is 30%!" tools.
 
2013-05-16 08:49:33 AM  

adamatari: Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.


Yeah. I've been watching oil prices the past few weeks, and they aren't moving much. Yesterday I saw gas at $4.20 when the previous days it was hovering around $3.60 to $3.80. (I live in the Twin Cities)

Based on what oil's been doing, it should arguably go down, not up. I was confused.
 
2013-05-16 08:55:11 AM  

babysealclubber: No real point to be made. Pick said it doesn't feel like the Florida economy has rebounded, you came back with, "other economic gains have pushed statewide unemployment to a four-year low." Unemployment isn't the only/best indicator of economic strength when it doesn't take into account people who have stopped looking for work.

And before I am accused, I am not one of those "Hurr durr, the real unemployment is 30%!" tools.


But you are one of those tools. "Real unemployment" (U6) counts "people who have stopped looking for work."

research.stlouisfed.org

But it doesn't feel right.
 
2013-05-16 09:13:51 AM  
Ah, yes, the strategic refinery outage. Welcome to the club, Minneapolis, Chicago has been getting farked at the pump for a couple of months now.

/because fark you, that's way
//wish I could afford a Tesla
 
2013-05-16 09:17:57 AM  

impaler: But you are one of those tools. "Real unemployment" (U6) counts "people who have stopped looking for work


I never said the economy wasn't recovering. Hell, where I live, we weren't hit as hard as a lot of the country by the recession, so in all honesty, a lot of my personal experience wtih the recession has been more about what I've read. All I am saying is that unemployment numbers aren't really the best metric of how an economy is doing.

BTW, the U6 Rate isn't what most people use either when referring to unemployment
 
2013-05-16 09:44:07 AM  

clkeagle: adamatari: Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.
[oil-price.net image 200x110]
If you have a problem with a 40 cent jump in gas prices, DON'T DRIVE. Or at leastbuy a hybrid, because guess what? There is no guarantee that prices will magically stay within your budget. It's a finite commodity and everybody wants some.

/Your kids (and you) can get to school or work on the bus
//Or ride a bike
///No, you don't need a car for every single trip, and if you do maybe you should consider moving

(clicks profile) Honolulu. Uh huh.  Other metro areas in the US sometimes have this stuff called "bad weather," which prohibit biking for a good part of the year. And many have no bus routes other than a few token business/shoppingloops.

In the last century, this nation has been built with the idea that everyone has access to a vehicle. I'd love it if that wasn't the case, but most of us can't simply trade in our cars for bus passes or bikes and carry on.

/tree hugger


It doesn't look like anyone suggested trading in your cars.

/You sound fat.
 
2013-05-16 09:59:06 AM  
I know here in Maryland they are going up "slighty" over the next few years because of the new gas tax for "road projects" and yet the roads will still look like shiat and be covered in potholes. Fark you O'Malley!
 
2013-05-16 12:40:29 PM  

namatad: timujin: Weird, normally we lead the charge into ridiculous gas prices, but I haven't noticed anything outside of normal seasonal fluctuations.

isnt this our twice yearly YAWNNNNNNNNNNNNNNNNNNNNNNNN gas is up again story?


Even better, gas prices actually fell 8% across the country during April.
 
2013-05-16 01:45:19 PM  
I did my part to lower gas prices by getting laid off.  I was spending $100/week to fill up.  Sure, I'm not bringing home (much) money, but I'm not giving near as much to the oil/gas douche bags by buying gas either.
 
2013-05-16 03:03:01 PM  

adamatari: Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.
[oil-price.net image 200x110]
If you have a problem with a 40 cent jump in gas prices, DON'T DRIVE. Or at leastbuy a hybrid, because guess what? There is no guarantee that prices will magically stay within your budget. It's a finite commodity and everybody wants some.

/Your kids (and you) can get to school or work on the bus
//Or ride a bike
///No, you don't need a car for every single trip, and if you do maybe you should consider moving


I just bought a cargo trailer for my bike. It arrived today, so I'm getting a kick out of these replies.
 
2013-05-16 03:37:18 PM  
www.navigatepower.com

My car.
 
2013-05-16 04:07:10 PM  

dchurch0: adamatari: Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.
[oil-price.net image 200x110]
If you have a problem with a 40 cent jump in gas prices, DON'T DRIVE. Or at leastbuy a hybrid, because guess what? There is no guarantee that prices will magically stay within your budget. It's a finite commodity and everybody wants some.

/Your kids (and you) can get to school or work on the bus
//Or ride a bike
///No, you don't need a car for every single trip, and if you do maybe you should consider moving

I just bought a cargo trailer for my bike. It arrived today, so I'm getting a kick out of these replies.


What kind did you get? Is it a BOB?

I have an Xtracycle for my cargo hauling needs. It works great for runs to the grocery store or to haul a cooler of beer to the park.
 
2013-05-16 04:15:59 PM  

max_pooper: dchurch0: adamatari: Gas prices have risen? Looks like the oil price is still very much within the range it's been fluctuating within for well over a year. And the gas price is still directly related to the oil price, just with refinery, pipeline, and transit issues on top. Sucks for Minnesota.
[oil-price.net image 200x110]
If you have a problem with a 40 cent jump in gas prices, DON'T DRIVE. Or at leastbuy a hybrid, because guess what? There is no guarantee that prices will magically stay within your budget. It's a finite commodity and everybody wants some.

/Your kids (and you) can get to school or work on the bus
//Or ride a bike
///No, you don't need a car for every single trip, and if you do maybe you should consider moving

I just bought a cargo trailer for my bike. It arrived today, so I'm getting a kick out of these replies.

What kind did you get? Is it a BOB?

I have an Xtracycle for my cargo hauling needs. It works great for runs to the grocery store or to haul a cooler of beer to the park.


I got a cheap one off of Amazon.  http://www.amazon.com/gp/product/B00762QKIG/

I've never used a cargo trailer for my bike before, but since I live in a small, flat town and have a decent bike, I figured it wouldn't hurt to give this a shot. It's just me and my girlfriend in our house, so we don't have the need to haul lots of stuff around. I only live about 3/4 of a mile from work, and the grocery store is pretty close as well. I'll be pulling this on my Electra Townie 8i. My goal is to use my car as little as possible in the future.
 
2013-05-16 06:55:34 PM  
Domestic oil production and oil on hand levels are at record highs all these "unexpected refinery shutdown" will guarantee gas prices stay high.
 
2013-05-16 08:41:06 PM  

bmr68: Domestic oil production and oil on hand levels are at record highs all these "unexpected refinery shutdown" will guarantee gas prices stay high.


Unexpected refinery shutdowns? You mean turnarounds to switch to the summer blends that have happened every year since... well different summer blends were introduced. Gas prices always go up around this time of year, but thankfully this year it's inching up from below what it has been in the past.

Oil is not the same as gasoline. Oil needs to be run through a big ass moonshine still, whose complexity would astonish even Rube Goldberg, before you can put it your tank. While oil production is up, refining capacity is flat.
 
2013-05-16 10:18:40 PM  

max_pooper: bmr68: Domestic oil production and oil on hand levels are at record highs all these "unexpected refinery shutdown" will guarantee gas prices stay high.

Unexpected refinery shutdowns? You mean turnarounds to switch to the summer blends that have happened every year since... well different summer blends were introduced. Gas prices always go up around this time of year, but thankfully this year it's inching up from below what it has been in the past.

Oil is not the same as gasoline. Oil needs to be run through a big ass moonshine still, whose complexity would astonish even Rube Goldberg, before you can put it your tank. While oil production is up, refining capacity is flat.


If you want to get technical the 'crack spread' for refiners is very tight and they want/need a certain cost per gallon to remain profitable. The EPA has waged war on refiners. It's only going to get worse with the EPA voiding all air permits, so they can implement technologically unattainable C02 limits.
 
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