Gasoline prices: Too high to drive

Gasoline prices: Too high to drive

There are 125 comments on the Public Opinion story from May 15, 2011, titled Gasoline prices: Too high to drive. In it, Public Opinion reports that:

Some Franklin County residents are not just upset, but in some cases, angry about prices at the gas pump that seem to fluctuate a dime or more on a daily basis.

Join the discussion below, or Read more at Public Opinion.

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plainandsimple

Greencastle, PA

#2 May 16, 2011
I'm amazed at all the excuses the oil companies use to raise the price. It's all about controlling everybody's life.
Then we hear about the billions they've made on profits. Amazing is the word.
snowbunny

Schuylkill Haven, PA

#3 May 16, 2011
plainandsimple wrote:
I'm amazed at all the excuses the oil companies use to raise the price. It's all about controlling everybody's life.
Then we hear about the billions they've made on profits. Amazing is the word.
see this is a simple mind at work, too bad you do not understand how fuel pricing works and what and who cause's the rise, you really should take some time and read up on how the markets work that way you will not look so much like a foolish sheep when you post
CraZy

Williamsport, PA

#4 May 16, 2011
I don't get it..I mean can someone do any thing about this..A 10 CENT hike is just not fair..Up dowm Up down make up your minds already!!...Would be nice if every one stopped driving until they dropped the prices but thats not going to happen any time soon..Someone needs to step in and put these gas companys in check for christ sakes!!
Russ

Greencastle, PA

#5 May 16, 2011
Unemployment will continue to hover near 9% for the rest of this year and until November 2012. No president was ever re-elected when unemployment was even 6%. Obama will be a one-termer and follow the footsteps of Jimmy Carter.
hmmmm

Elmhurst, PA

#6 May 16, 2011
Y'all voted for hope & change..... here's your change! Live with it!
Please remember this in 2012.
Chong

Hagerstown, MD

#7 May 16, 2011
snowbunny wrote:
<quoted text>see this is a simple mind at work, too bad you do not understand how fuel pricing works and what and who cause's the rise, you really should take some time and read up on how the markets work that way you will not look so much like a foolish sheep when you post
So tell us all knowing blowbunny... How does fuel pricing work?
Dan the Man

Bensalem, PA

#8 May 16, 2011
Robert wrote:
More of Obama's impressive list of achievements! all you have to do is remember this http://www.youtube.com/watch?v =HlTxGHn4sH4XX
"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket."

But there is no cap and trade system. It was never passed. So that statement is irrelevant.

And he was talking about coal, not gasoline. So the quote is doubly irrelevant in this thread.

Get a clue.
Makes sense

Bensalem, PA

#9 May 16, 2011
The president doesn't really have any impact on gas pricing, we are slaves to the middle east please don't put this on Obama. He wants to put money into alternative fuels for research and development however the Right feels the current system is working so how is the Obama's fault?
DGS

Catonsville, MD

#10 May 16, 2011
To put it simply. I have five green rocks in my pocket. I walk into downtown Chambersburg and hold an auction near the fountain. Twenty people that need green rocks show up to bid on my green rocks. The price is bid up to $2 a rock. The following week, I have five green rocks in my pocket again and repeat the auction. This time forty people show up, the twenty from the previous week plus twenty more people that have no use for green rocks, but figure lots of people need green rocks so they will buy them and the price will go up higher next week and they will sell them for a profit. The green rocks sell for $3 at the second auction I hold. Next week with more speculators, who knows. I am the oil companies, selling a commodity that I have to the highest bidder. Like any good business man I take the highest price for my product. The problem is with the SPECULATORS, not the oil companies!
Reality It Bites

Spring Run, PA

#11 May 16, 2011
Ignorance of the global oil market feeds a story like this.

1. Oil is traded as a GLOBAL commodity on the FUTURES market - look it up and you will see what that means. The price traded today is a 'bet' on what the actual price per barrel will be next month, maybe even the month AFTER. It is how the STOCK MARKET works, and is the very shining symbol of American Capitalism.

2. Oil companies operate in the GLOBAL marketplace - with their actions dictated by GLOBAL events in many other countries and 'hot spots' around the world where their product COMES FROM. Unfortunately for us Americans, most fo what we need (oil), is located under many of the countries that simply hate us.

To think they should keep prices artifically low to "be nice to Americans" is just silly - especially considering the large number of gas-guzzling SUVs and large vehicles we Amercians seem to love to drive.(People elsewhere in other countries find our love of big SUVs and our mixed hatred of costly gasoline bills to be rather amusing, lol).

3. Go travel to Europe. Last year (in August of 2010), I paid almost $8.00/gallon for fuel, based on a litre equivalency.

So, personally I really don't see $4.00 a gallon as being so way-out-of-the-question here in the States in May of 2011.

4. If you don't like the prices, help out your own financial status - save up some money and buy some stock in any of the big oil companies (you know, the ones who do business all over the world, internationally).

5. Oh yes: PLEASE trade-in your Monster SUV, large old Caddy or Chrysler, and buy something that is either a Hybrid or gets more than 20 MPG.

6. Lastly, annoy the H*LL out of our elected officials to go off their fat a**es, and start developing local networks for efficient transit buses, or light rail, or convenient and safe bike routes.

7. They aren't making Millions-of-Years-Old decayed wood and flora and fauna, or long-dead dinosaurs anymore - so yes, oil is a very limited supply and someday it will ne EXHAUSTED.

You may as well deal and accept the 7 factors above -and stop the typical American whining. As usual, it's a problem that can solved - if everyone accepts it and can simply agree on the solution.

Meantime, pay up.
Cheech

Chambersburg, PA

#12 May 16, 2011
Chong wrote:
<quoted text>
So tell us all knowing blowbunny... How does fuel pricing work?
This all started in 2001...Get a clue!
5 dolla

Carlisle, PA

#13 May 16, 2011
i have gas.
how

Spring Grove, PA

#14 May 16, 2011
My question is, if no truck comes to fill the fuel tanks up, how does the price change if the gas station didn't buy more gas at a different price? It's the same gas in the tanks, how does the price change?!? that's whats BS to me... maybe I am clueless..
Dan the Man

Bensalem, PA

#15 May 16, 2011
how wrote:
My question is, if no truck comes to fill the fuel tanks up, how does the price change if the gas station didn't buy more gas at a different price? It's the same gas in the tanks, how does the price change?!? that's whats BS to me... maybe I am clueless..
My understanding is that most places adjust the current price based on what it will cost them to refill the tanks. So when gas prices are going up, even if they are sitting with full tanks, most gas stations will raise their prices.
Just me

Chambersburg, PA

#16 May 16, 2011
Dan the Man wrote:
<quoted text>
My understanding is that most places adjust the current price based on what it will cost them to refill the tanks. So when gas prices are going up, even if they are sitting with full tanks, most gas stations will raise their prices.
Used to be that they legally couldn't do this. I guess times have changed. What would make a difference is if people would reduce by 20 percent the amount of casual driving they did, but they would rather complain than change their habits. The ones who are really hurt by all this is those who are trying to live on minimun wage and have to drive to work. Those who have great jobs and a great income, good for you, but once in a while it would be nice if you folks would be a little considerate of those less fortunate.
your choice pay the price

United States

#17 May 16, 2011
CraZy wrote:
I don't get it..I mean can someone do any thing about this..A 10 CENT hike is just not fair..Up dowm Up down make up your minds already!!...Would be nice if every one stopped driving until they dropped the prices but thats not going to happen any time soon..Someone needs to step in and put these gas companys in check for christ sakes!!
You can do just about nothing about the collaboration between oil companies, drillers, producers, wholesalers and retailers. Short of not driving and buy gasoline you are f'd.

The government will not allow more drilling for fear of the backlash from tree huggers.

They will not touch the issue of collusion that is quite evident to everyone. How else can gas prices rise across the area 10 cents a gallon and all the signs are being changed at the same time. Same when it drops. Do not give me the "price of oil rose or fell" BS. If the price of a barrel increase, the pump price increases almost immediately. But when the barrel price drops, it will take weeks for the gas price to drop. Gouging, collusion, fraud, corrupt....you got it.

Explain how Sheetz on Lincoln Way West was priced at $2.839 on Friday. And the same Sheetz gasoline on Norland Avenue was at $2.959? Can you say "gouging"? 12 cents per gallons, 20 gallon fill-up is $2.20 per fill up in Mr. Sheetz pocket for every dumb one that went to the Norland Ave location. No cost difference...all profit!!!

Refiners will not reinvest any of the billions in profits for fear the demand will fall.

Oil companies will not lower prices for fear of dwindling profits. How could the billionaire shareholders survive when profits drop from $66 billion to $65 billion?
Darth Vader

Chambersburg, PA

#18 May 16, 2011
5 dolla wrote:
i have gas.
Take Beano
American worker

Mercersburg, PA

#19 May 16, 2011
By the way did you see in another article in this paper where Shyster and Obama are going to increase drilling offshore? Note the last line that states prices at the pump will not fall.

Just last week Obama was a Muslim socialist and now he and the Shyster are business partners.

Could it be we have reached one party rule?
mitnick

Denmark

#20 May 16, 2011
Capitalism at work. Supply and demand.
out of their minds

Chambersburg, PA

#21 May 16, 2011
$3.73 in Gettysburg Pa. yesterday.

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