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Old 03-30-2012, 05:38 PM   #2561
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Originally Posted by silverwoman
All Keystone Canadian oil is exported & will be exported. The pipeline isn't for the US consumption. The price of gas has nothing to do with supply & demand & everything to do with Wall Street & speculation on the market. We have an excess supply of oil but the price is going up to maybe $5 a gallon by this summer but there's plenty of oil.

POI...The Keystone is already in place....The Keystone XL has been stopped by US.

All Keystone oil is exported? I think that's rong.

Keystone Pipeline System:

"In June 2010 TransCanada commenced commercial operation of the Keystone Pipeline. Keystone's first phase was highlighted by the conversion of a natural gas pipeline to a crude oil pipeline and construction of an innovative bullet line that brings the crude oil non-stop from Canada to market hubs in the U.S. Midwest.

The Cushing Extension was an extension of Keystone from Steele City, Nebraska to Cushing, Oklahoma and began operations in February 2011. The 36-inch pipeline connects to storage and distribution facilities at Cushing, a major crude oil marketing/refining and pipeline hub."

To learn more about phase 1 and 2 of the Keystone Pipeline System please visit the Keystone operations website.

Bob
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Old 03-30-2012, 07:24 PM   #2562
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do I hear $5: filled up our car, which takes super today, $4.90.9 for super, Stewart's Point CA. I wonder if this is the highest in the US?
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Old 03-30-2012, 08:36 PM   #2563
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Quote:
Originally Posted by Globie64
do I hear $5: filled up our car, which takes super today, $4.90.9 for super, Stewart's Point CA. I wonder if this is the highest in the US?
Saw $5.09 for premium in Chicago.
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Old 03-30-2012, 09:07 PM   #2564
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Saw $5.09 for premium in Chicago.
ouch
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Old 03-31-2012, 12:00 AM   #2565
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Excessive speculation in the oil futures market isn't "spin". A group of senators Wednesday introduced a bill to make federal regulators invoke emergency powers to rein in speculators responsible for rapidly-rising gasoline prices. The legislation would set a 14-day deadline for the Commodity Futures Trading Commission to implement rules to stop excessive speculation by Wall Street traders in oil futures markets.

Keystone XL is an export pipeline. According to presentations to investors, Gulf Coast refiners plan to refine the cheap Canadian crude supplied by the pipeline into diesel and other products for export to Europe and Latin America. Proceeds from these exports are earned tax-free. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.

Safety: A rupture in the Keystone XL pipeline could cause a BP style oil spill in America’s heartland, over the source of fresh drinking water for 2 million people. NASA’s top climate scientist says that fully developing the tar sands in Canada would mean “essentially game over” for the climate.

The U.S. Pipeline Safety Administration has not yet conducted an in depth analysis of the safety of diluted bitumen (raw tar sands) pipeline, despite unique safety concerns posed by its more corrosive properties.

TransCanada predicted that the Keystone I pipeline would see one spill in 7 years. In fact, there have been 12 spills in 1 year. The company was ordered to dig up 10 sections of pipe after government-ordered tests indicated that defective steel may have been used. KeystoneXL will use steel from the same Indian manufacturer.

Keystone XL will cross through America’s agricultural heartland, the Missouri and Niobrara Rivers, the Ogallala aquifer, sage grouse habitat, walleye fisheries and more.

The agency was not adequately accounting for threats to wildlife, increased pollution in distressed communities where the crude may be refined, or increases in carbon emissions that would exacerbate climate change, and a variety of other issues.
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Old 03-31-2012, 12:22 AM   #2566
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I've been working in Abu Dhabi since 2010 and have enjoyed the lower gas prices here. Moving back to New Mexico next month - getting ready for the Vintage Rally there... and the ABQ Balloon Fiesta Rally! However, not looking forward to the higher gas costs in NM - here in the UAE, current price for 95 octane is $2.12/Gal. Not bad - but our AS is back home!
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Old 05-09-2012, 05:17 PM   #2567
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$4.25 9/10 in San Francisco for regular unleaded on May 8th.

$3.25 9/10 in Tulsa!

What a difference a day and 1900 miles makes.
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Old 05-09-2012, 05:30 PM   #2568
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Originally Posted by Yhottys View Post

What a difference a day and 1900 miles makes.
1,900 miles in one day would be 79 mph. That's faster than Neal Cassady drove in On the Road.

Gas in Grand Jct. was in the low $3.80's last week.

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Old 05-09-2012, 05:46 PM   #2569
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1,900 miles in one day would be 79 mph. That's faster than Neal Cassady drove in On the Road.

Gas in Grand Jct. was in the low $3.80's last week.

Gene
Aww shucks Gene. We were not pulling any aluminum, otherwise we'd post diesel prices for our old F350 7.3L. We flew to Tulsa, but we have been known to hit 79 mph.
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Old 05-09-2012, 05:49 PM   #2570
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I paid $3.73 for regular today in North Phoenix. That's down around $0.15 in the last two weeks.
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Old 05-09-2012, 06:19 PM   #2571
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reg $3.99
deezel $4.25

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Old 05-09-2012, 07:52 PM   #2572
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Just filled up 20 min. ago.
Here in the Garden State at the low end Diesel $3.88 / gal.

News said the prices should start to drop but not seeing it yet.
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Old 05-09-2012, 08:01 PM   #2573
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$3.49 today in central Virginia. Regular unleaded
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Old 05-10-2012, 04:06 AM   #2574
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Port O'Connor Texas Reg. $ 3.62
Mid. $ 3.74
Super $ 3.86
Diesel $ 3.89
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Old 05-10-2012, 06:36 AM   #2575
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In central MS, Diesel has dropped $.12 in the last week. Flyin J wuz $4.03, now $3.91.

Other spots are in the $3.80's
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Old 05-10-2012, 07:22 AM   #2576
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I paid $3.22 for regular yesterday. We have bit of a gas war going on down here on the Mississippi Gulf Coast it seems.
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Old 05-10-2012, 07:25 AM   #2577
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North Albuquerque (I-25 and Tramway) - $3.55/gal on the Sandia Indian Reservation gas station...
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Old 05-11-2012, 08:46 AM   #2578
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Diesel Fuel 5-11-12

I paid $4.059 for diesel in Pfafftown, NC this morning.
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Old 05-11-2012, 10:09 AM   #2579
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$3.38 for reg and 3.89 for diesel this morning in Richmond Hill, GA (just south Savannah) and gasbuddy.com is your friend!
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Old 05-11-2012, 05:21 PM   #2580
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cheapest in Denver today $3.63 for regular, $4.19 highest!
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