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post #1 of 28 (permalink) Old 09-14-2008, 09:30 AM Thread Starter
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Supply and Demand

Ermm.....yeah.

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post #2 of 28 (permalink) Old 09-14-2008, 10:39 AM
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I'm much better with Pie Charts
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post #3 of 28 (permalink) Old 09-14-2008, 10:50 AM
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I had you pegged for bar charts . . .

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post #4 of 28 (permalink) Old 09-14-2008, 11:32 AM
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Originally Posted by QBNCGAR View Post
Ermm.....yeah.

Gas prices depend on a lot more than the price of crude! The uptick in the last few days is directly related to the supply of gas, which took a big hit when refineries were trashed and/or had to be shut down due to hurricanes. Your understanding of the supply and demand paradigm is as lacking as your understanding of hurricanes. Go back to school!

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post #5 of 28 (permalink) Old 09-14-2008, 12:10 PM
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Originally Posted by Jayhawk View Post
Gas prices depend on a lot more than the price of crude! The uptick in the last few days is directly related to the supply of gas, which took a big hit when refineries were trashed and/or had to be shut down due to hurricanes. Your understanding of the supply and demand paradigm is as lacking as your understanding of hurricanes. Go back to school!
So what about the tangential deviations for the past three years that don't correlate to hurricanes or the shutdown of refineries?

Your canned answer, JAY has NEVER addressed that, JAY no matter how hard you try to make it sound like you understand the situation, JAY.

Have you, per chance been coaching a certain someone for the past two weeks? It might explain your dropoff in posting.

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Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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post #6 of 28 (permalink) Old 09-14-2008, 12:33 PM
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Originally Posted by mcbear View Post
So what about the tangential deviations for the past three years that don't correlate to hurricanes or the shutdown of refineries?

Your canned answer, JAY has NEVER addressed that, JAY no matter how hard you try to make it sound like you understand the situation, JAY.

Have you, per chance been coaching a certain someone for the past two weeks? It might explain your dropoff in posting.
I have a "tangential deviation" for you: STFU!

Don't believe everything you think
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post #7 of 28 (permalink) Old 09-14-2008, 12:34 PM
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Who are you making excuses for again jay?
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post #8 of 28 (permalink) Old 09-16-2008, 01:39 PM Thread Starter
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Look at the chart now (it's dynamically refreshed).

I guess they don't make gasoline from oil anymore. Oh, wait...

AAA Texas: Gas Price Increases Slow in Most Texas Cities - MarketWatch
IRVING, TX, Sep 16, 2008 (MARKET WIRE via COMTEX) -- Although gas prices rose overnight in all communities monitored by AAA Texas, the rate of increase seems to be slowing in many areas. Nationwide, the average price for regular gasoline rose 1.2 cents to $3.854. Statewide, the average reached $3.698, up 1.4 cents from Monday and up 15.2 cents since Friday, September 12 before Hurricane Ike tore into Texas.

It appears that the rate of the price increases in most communities has slowed compared to prior days. Most refineries in the wake of Hurricane Ike reported little damage, but it can still take up to two weeks or more to get these refineries powered back up and producing gasoline.

The following are the overall average price increases since Friday, September 12.

Amarillo $3.672 - up 13.3 cents
Austin/San Marcos $3.656 - up 4.8 cents
Beaumont/Port Arthur $3.662 - up 3.0 cents
Corpus Christi $3.613 - up 3.1 cents
Dallas $3.701 - up 21.9 cents
El Paso $3.674 - up 11.6 cents
Fort Worth/Arlington $3.712 - up 23 cents
Galveston/Texas City $3.663 - up 14.4 cents
Houston $3.627 - up 13.1 cents
San Antonio $3.616 - up 6.3 cents
Texarkana (Texas side) $3.815 - up 23.7 cents


"Each day, more gas stations are coming back on line and more fuel is being delivered, but experts say that consumers should expect it to be a few weeks before supplies get back to pre-hurricane levels and prices start decreasing," said Dan Ronan, corporate communications and community affairs manager for AAA Texas. "We are being helped somewhat with the continuing decline in the price of oil. Today it continues to trade below $100 per barrel, due to weakness in the financial markets, a stronger dollar and low demand."
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post #9 of 28 (permalink) Old 09-16-2008, 01:52 PM
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Exactly!

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post #10 of 28 (permalink) Old 09-16-2008, 01:55 PM
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Bush and Cheney have conspired to artificially maintain high prices, but you knew that.
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