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As Gasoline Prices Pass $3.81, Stranded Motorists Looking For Cheap Refueling Options Surge

Tyler Durden's picture





 

Following this week's ebullient UMichigan consumer confidence readings (which continue to diverge from reality as per Gallup, which oddly enough does not poll Wall Street CEOs who are always eager to give their economic assessment from the infinity pool while vacationing in Fiji) one would think that the price of gas had fallen of a cliff. Alas no. In fact quite the opposite. And the propaganda logic of the domestic ministry of disinformation, consumers in Hawaii must be by far the most confident as it is the state where gas prices are now at virtually all time highs, well ahead of the peak summer driving season. Businessweek reports: "Hawaii's average price for a gallon of regular unleaded gasoline hit a nation-leading $4.46 on Thursday, 28 cents higher than second-place California. The national average reached $3.81, according to AAA data. Wyoming had the cheapest gas in the country at $3.53. As many states brace for gas to climb to $4, Hawaii was the first to reach that mark a month ago. The Aloha state's average on Thursday was 12 cents higher than a week ago, according to the automobile association." The weekly increase is double what the national spike for regular gas was, which moved from $3.750 to $3.818 in the span of a week (compared to $2.858 a year ago). And as the LA Times reports, the ongoing surge in gas prices has led many to paradoxical outcome of literally run out of while driving from station to station looking for the cheapest refuelling option.

For the first time since the record-setting gasoline- and diesel-price summer of 2008, there has been a double-digit increase in the number of Southern California motorists gambling -- and losing -- a bet that they will find a pump price they can live with before they run out of fuel. Experts say it's a common form of rolling the dice out of anger and frustration.

"When prices go up, people like to push it. If it is costing you $50 or $75 or $100 to fill up, that is real money they don't want to part with. They are hoping to find a bargain, and they push it further and further," said Jason Toews, co-founder of GasBuddy.com, a system of 185 websites where members post the highest and lowest prices they find.

AAA of Southern California says that an average of 15,600 of its members a month are having to make one of those mildly embarrassing "stranded, need gasoline" emergency calls in the 13 counties within the organization's jurisdiction. That's an increase of 12.9% over the first quarter of last year, and it represents the biggest jump since the California gas-price average hit the AAA all-time-high mark of $4.61 a gallon on June 19, 2008.

"It's happening again to a lot of people," said local AAA spokesman Jeff Spring. "Our presumption is that these current high gasoline prices have a lot to do with it."

The current state average is $4.191 for a gallon of regular gasoline, according to the AAA Fuel Gauge Report, which is compiled by the Oil Price Information Service and Wright Express. That's up from $4.125 a gallon a week ago and just $3.112 a gallon at this time last year. Among states, only Hawaii, with an average of $4.464 a gallon, has more expensive gasoline than California.

And since in America denial is always the best strategy to dealing with any form of problem the AAA issued the following directive for its intellectually challenged, yet driver's license holding, members: "'E' for an empty gas Tank May Turn into a capital 'E' for Expensive repair." One could also argue that 'E' stands for 'Eliminate' the idiots who have gotten America to such a dire predicament whereby the benefit of the Poverty Effect for all is having a vastly greater impact on mass psycholog than the Wealth Effect for 0.1%. And for those still confused, the price of Brent crude has jumped by 67.4% since the Chairsatan's Jackson Hole speech, while the S&P is up just 26.3%.

Yet somehow we are positive that this now near boiling anger at the pump will translate itself into another record consumer confidence high next month courtesy of the Bizarro day spinners at the BLS and the Ministry of Truth.

And for those, like the Benzebub who never need to refuel, and wish to see a state by state breakdown of average gas prices can do so here.

 


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Sat, 04/16/2011 - 11:16 | Link to Comment williambanzai7
williambanzai7's picture

Sat, 04/16/2011 - 11:27 | Link to Comment Pool Shark
Pool Shark's picture

 

"As Gasoline Prices Pass $3.81, Stranded Motorists Looking For Cheap Refueling Options Surge"

 

Like a lot of our jobs, they're just going to Mexico:

 

http://radio.woai.com/cc-common/mainheadlines3.html?feed=119078&article=8438992

 

Sat, 04/16/2011 - 14:58 | Link to Comment Teamtc321
Teamtc321's picture
Foreign Oil: China has a plan. We don't.

"And for the sake of our economy, our security, and the future of our planet, I will set a clear goal as president: In 10 years, we will finally end our dependence on oil from the Middle East."

— President Barack Obama

America depends on a number of foreign countries for oil that don’t have our best interests at heart. Countries like Venezuela, Nigeria, Iraq, and Angola are either from unstable regions or actively adversarial to American interests. Oil prices have come down from a year ago, but even though our addiction to foreign oil is cheaper, it is still a very dangerous addiction from a national security standpoint. We cannot allow foreign nations to control our security, environmental, and economic future.

http://www.pickensplan.com/theplan2/china/

Our elected guberment officials would rather argue over gas emmisions from FARTING cows and if the EPA has authority to tax the farting cows. Let's don't get our diesel transportation fleet burning natural gas with Clean Energy "ticker CLNE" or "WPRT." No, No, let's just keep kicking the can down the road and argue over farting cows and if we can keep raising our defaulting debt.

The only way I see this country waking up if they ever do even then, is fucking gas going to 50 bucks or a restart.

Sarc> I got it, let's just raise the debt ceiling to the moon or mar's and go buy the hell out of put's on all clean energy sources trying to make a difference for the world.

Shit better yet, the gal that was so excited she would never have to pay for her gas or mortgage again, let's elect her this round.

Ride a horse mfer's, we deserve it for being so fucking stupid letting this BS happen.

sarc off.... Not trying to offend any friends on zh with these comments. That's not my point but it just amazes me that our brain dead goverment has not woke the fuck up yet.

I'm going to go ride my horse if you junking me lol. I'm out......

 

 

Sat, 04/16/2011 - 16:31 | Link to Comment QQQBall
QQQBall's picture

No need to ride a horse. If you don't like the prcie of gasoline, just buy another car.

 

Barry "Let Them Eat Cake" Soetero

Sat, 04/16/2011 - 18:29 | Link to Comment Teamtc321
Teamtc321's picture

No seriously, I physically went and rode my good cow horse. Went for a ride lol.

I love my physical silver and my good saddle horse lol.

I raise cattle/horses on the side, sound's like when this thing hit's the wall, all the good horses I have we can trade some for more silver with the price of gas at 50 bucks lol.

Diesel is going to ramp the fuck out of inflation friends. Our average food travels something like 1500 miles in this country to your store. Ouch, diesel fuel is a big expense on our economy. Nat gas works to power 18 wheelers, semi's also. We could atleast help our transportation with clean burning natural gas that we have huge supplies of right here at home.

Go look it up, Clean Energy, ticker symbol CLNE. It's a start anyway. We have nothing to loose and everything to gain by finally getting the green energy started and start now USA.

I have heard that Flying J, a truck stop is willing to install 15 system's on I-10 between east and west coast. Atleast our main passage would be open for transport with a fuel we have right here. Ryder, US postal and fed ex are now taking part as well. Nat gas is a ONSHORE resource we have also. Huge fields in Penn. N Dakota, Oklahoma, Texas etc. Here is a link to the fueling stations now.

http://www.cleanenergyfuels.com/stations/stations.html

Atleast tell our brain dead rep to get off there ass and push a plan finally. Even if this economy hit's the wall we atleast will have a supply from coast to coast for the re-start.

http://www.pickensplan.com/district-leaderboard/

Here is a link to a personal pledge to push the plan.

http://www.pickensplan.com/district-leaderboard/  

Thanks for not junking me to death while I was riding my horse lol.

    

Sat, 04/16/2011 - 19:20 | Link to Comment MSimon
MSimon's picture

I like this plan:

http://powerandcontrol.blogspot.com/2011/04/catching-wave.html

A motor with 60% efficiency. Funded by DARPA. Work at MSU.

Write your Cong. Critter and tell him to up the funding.

 

Sun, 04/17/2011 - 17:01 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Let gas go to $10 a gallon.

In fact, I hope it does.

The sooner, the closer everything breaks down, and we get demand destruction of a proportion that should have happened a long time ago, that takes down the prices of most commodities by percentages that create purchasing power through deflation, so that a middle class can re-emerge that is able to provide proper food, shelter, education and health care for their children on a one-wage income.

Sat, 04/16/2011 - 15:33 | Link to Comment tiger7905
tiger7905's picture

At least most of you aren't in Canada, it's currently $1.38/liter!

Works out to $5.22/US Gallon.

Better map of prices here for US:

http://goldandsilverlinings.com/?p=671

Sat, 04/16/2011 - 16:23 | Link to Comment williambanzai7
williambanzai7's picture

I have lived outside of the US for many years and I am always amazed at the cheap fuel price when I visit home. But not for the reason you think. I am amazed at the stupidity and lack of foresight reflected in that low price. Every time the price rises this way, we are getting no benefit as a country. All the despots are pocketing the difference.

It would be different if we had an actual energy policy and the guts to impose a real energy tax at the pump.

But watching the current fiscal circus, you realize that this idea is a pipe dream. 

 

Sat, 04/16/2011 - 16:36 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Why would a local tax, at the pump, do anything more than empower the corrupt PTB that already exist?

What would it change, other than to make the middle class poorer?

Why is a poorer middle class a good thing?

Sat, 04/16/2011 - 16:48 | Link to Comment williambanzai7
williambanzai7's picture

No pain no gain.

When you wait for the current conditions to arise it is already way too late to do anything sensible about it.

We think there is energy abundance and there clearly is not. We send our young to pay for the illusion in war. And now instead of planning for what is coming, we are going to suffer through it instead as a country.

Obama's ten year goal is more empty last minute bull shit. Do you run your life the way they, the politicians, run the country? No of course you don't. If you did you would be a street person.

 

Sat, 04/16/2011 - 16:51 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Tell ya what:

We'll do that right after China and India tank their economies following that enlightened policy.

Right after.

Sat, 04/16/2011 - 19:21 | Link to Comment sun tzu
sun tzu's picture

These assclowns think that if the government creates an energy policy, we will no longer have high prices or shortages. LOL

Sat, 04/16/2011 - 19:24 | Link to Comment sun tzu
sun tzu's picture

So you're saying that the European economies aren't suffering from high energy prices due to their higher fuel taxes? The despots aren't pocketing money off the Europeans? So France and Britain with their high fuel taxes are really bombing Libya for humanitarian reasons?

Sun, 04/17/2011 - 20:00 | Link to Comment Abitdodgie
Abitdodgie's picture

The european cars that Joe Sixpack drives do between 40-100 mpg, otherwise they would not sell.

Sun, 04/17/2011 - 01:12 | Link to Comment steve from virginia
steve from virginia's picture

 

Cost is relative, what matters is purchasing power. High prices are a form of rationing, the alternative is shortages and physical rationing.

We are long past peak oil on a dollar- for- dollar basis. This took place in 1998 when a barrel of WTI cost about $10. Those were the days, my friend, they might return but wages will be pennies a day. Forget the gas, nobody will be able to afford a car, no car companies will exist any more. This is the relentless logic of resource constraints and deindustrialization ...

Coming to a town near you and damned soon.

World's defense agencies suggest shortages beginning next year. Physical peak oil took place in 2005. Rates of decline are accelerating across the oil production ambit.

This decline in fuel availability at a price that allows profitable use which is the underlying cause of our current economic 'malaise'. Resource decline of the waste- based economy: there is no turning back no solutions no easy answers only bankruptcy, industrial insufficiency, currency imbalances, deflationary collapse and the end- game. Peak oil is simple: at some point, some(all) must do without.

The outcome is the class war, the redux of the Great Depression. This was and will be the silent struggle between the bloated 'Haves' and the rest. The war was fought with the only weapon allowed to the dispossessed: their willingness to hold currency and thereby give it value. This is behind the 'disinflation' strategy of central banks and their agents. Once the casino tricks are ignored and the bankers' 'easy money' blandishments, they fade away like the nightmares they are.

Business as usual is finished, kaput, dead: so are cars and freeways and idiotic 'mobility' and all that goes with it. The challenge is to adapt to the new reality or die.

Fuck the gas, get a bicycle.

Mon, 04/18/2011 - 04:50 | Link to Comment slaughterer
slaughterer's picture

And now a moment for the opposite perspective from ZH (please junk it out of existence quickly):

Crude oil futures fell for the first time in four days on Monday April 18, after the world’s largest oil exporter Saudi Arabia said the global market had more than ample supplies of crude.  

On the New York Mercantile Exchange, light, sweet crude futures for delivery in June traded at USD109.55 a barrel during European morning trade, slumping 0.45%. 

It earlier fell to a daily low of USD109.33 a barrel. 

Saudi Arabia’s Oil Minister Ali al-Naimi said on Sunday that the global oil market was “overbalanced” and that surging oil prices were “out of the hands of OPEC”.

Speaking at industry conference in Kuwait, al-Naimi said that Saudi Arabia cut its daily oil output by around 800,000 barrels in March to 8.29 million barrels per day, due to poor demand. 

His comments follow similar remarks made by United Arab Emirates Energy Minister Mohamed al-Hamli last week, who said that world oil markets remained “adequately supplied” and that “the surge in oil prices is a reflection of geopolitics but not the fundamentals.”

 

 

Sat, 04/16/2011 - 11:52 | Link to Comment Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Thank you WB--when are you making shirts out of your art? Try Cafe Press.

Sat, 04/16/2011 - 12:05 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Ripoff ......

I buy my shirts ( Haynes Beefy T's - 6.0 oz) wholesale for $2.50 each XL or L. The setup fee for the silkscreen is $20.00 and then each one color hit cost 45 cents per shirt.

For something in cmyk your looking at $ 5.00 max for the shirt and the four color silkscreen........ But I have been in the printing industry in Chicago for 18 years ( my family 40 ) so I have a few vendor contacts.

Sat, 04/16/2011 - 16:16 | Link to Comment williambanzai7
williambanzai7's picture

I have a shop on zazzle: www.zazzle.com/williambanzai7

We settled on zazzle after looking at many options, including quality of product, pricing and convenience. I am sure the product could be done for a lower price if we cut out the middle man out. I wish I could do much better on the artists margin, which is basic to put it politely.

But then you would never hear from me because I would be on the phone all day long arguing with Chinese suppliers.

To all who have purchased so far, I express my sincerest thanks.

 

Sat, 04/16/2011 - 11:54 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Classic

Sat, 04/16/2011 - 11:58 | Link to Comment Burnbright
Burnbright's picture

http://www.youtube.com/watch?v=uO5zNAiyyCA

 

You should watch this, hilarious. 

Sat, 04/16/2011 - 12:01 | Link to Comment CrazyCooter
CrazyCooter's picture

This is awesome. It is also why I damn near blow a gasket everytime I talk to someone about debt/inflation/monetary policy/etc; most people are *ignorant* yet think they have a handle on the subject.

It is like debating the beauty of a rose garden with someone who is red-green color blind; they are simply convinced they are right because dammit, I see it right in front of me!

This is going to be such an ugly sh!tshow when it hits the fan...

Regards,

Cooter

Sat, 04/16/2011 - 12:43 | Link to Comment zerozulu
zerozulu's picture

This is like explaining color Orange to a blind.

Sat, 04/16/2011 - 14:38 | Link to Comment Chuck Yeager
Chuck Yeager's picture

Actually, the pain is making people wake up.  As posts by Cognitive Dissonance said, people have a vested interest in Things Staying The Same.  If you tried to explain this perfect sh!tstorm coming, they would not only ignore you, they would mock you!

Ah, but things have changed...  All can see the dark clouds, they feel the pain in alot of new and exquisite ways. And they are questioning.  Their previously held belief system Is Not Working.

Our job then, is to be there at that moment.  To explain.  And to have some compassion.  They, like us, are only human, struggling to find happiness.  It is incredibly easy to le4t your Ego get in the way here.  ("Listen you idiot, you are going to lose it all because I am smarter than you and here is why!")   But this would be a mistake.  No one will think you are smarter.  They need a means to save face as they say in China.  Offer it to them.  I mean, people are working 12 hour days just to keep a job...they don;t have time to become informed.  And isn't the real goal here to inform and enlighten so that change spreads?

If we share knowledge AND compassion, then you, I and the others here at ZH can really make The People question Powers That Be, as well as their clowns (the Fed) and their tools (our federal government)

Sat, 04/16/2011 - 13:15 | Link to Comment I am Jobe
I am Jobe's picture

Thanks. Funny and true. I think i want to be supplier for this.
http://www.onesourcechina.com/

Sat, 04/16/2011 - 16:05 | Link to Comment Confucious 222
Confucious 222's picture

$4K+ for a casket when you buy 10?

Cremation

Sat, 04/16/2011 - 12:21 | Link to Comment 12ToothAssassin
12ToothAssassin's picture

Gas is really cheap here in CA - $4.69 for 87

 

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/216553_10150150122241237_...

 

 

Sat, 04/16/2011 - 13:18 | Link to Comment I am Jobe
I am Jobe's picture

Do you get a home or IPAD with a full tank. Lets ask Dudley.

Sat, 04/16/2011 - 12:26 | Link to Comment Kickaha
Kickaha's picture

william,

I have an idea for you which is way too good to just let sit inside my brain.  I have no skills with creating graphics or manipulating digital photos.  May I contact you somehow?

Sat, 04/16/2011 - 16:26 | Link to Comment williambanzai7
williambanzai7's picture

Sure, on twitter: @williambanzai7, on my blog: williambanzai7.blogspot.com or on Flicker: http://www.flickr.com/photos/expd/

Sat, 04/16/2011 - 17:11 | Link to Comment Kickaha
Kickaha's picture

I'll put it in a comment under the Bernank as Capt. of Titanic picture.

Sat, 04/16/2011 - 13:19 | Link to Comment j0nx
j0nx's picture

What's so sad is that probably the only people in the country that understand what this image means are already on this forum. The other 99% of Americans just blame the A-rabs and the oil companies.

Sat, 04/16/2011 - 16:16 | Link to Comment oh_bama
oh_bama's picture

People on the board are too negative and unamerican!! They don't even support the FED, the QEs and BEN? WTF?

  • BEN IS A HERO!
  • MORE AMERICAN RETIRED EARLY WHILE HE LEADS the FED than ANY OTHER TIME IN HISTORY!!
  • Be patriotic and send a thank you note to Ben, and ASK HIM FOR QE3!

 

Sat, 04/16/2011 - 16:31 | Link to Comment williambanzai7
williambanzai7's picture

I remember the fuel lines in the 70s. People were thinking all kinds of things. You watch, as the price goes up running into Memorial Day, the gas station is going to be a great place to get people's political attention.

 

Sat, 04/16/2011 - 16:13 | Link to Comment oh_bama
oh_bama's picture
  • GAS IS STILL WAY TOO CHEAP!!
  • TAKE TRAINS TO WORK and help the environment!!
  • Ben---QE3 ASAP!! Economy can be even stronger with QE3! Just DO IT!!
Sun, 04/17/2011 - 01:13 | Link to Comment Freddie
Freddie's picture

Hope & Change.  Thank the fvcks here on ZH who voted for mugabe.

Sun, 04/17/2011 - 10:00 | Link to Comment Atomizer
Atomizer's picture

Nice job

Sat, 04/16/2011 - 11:18 | Link to Comment chubbar
chubbar's picture

OT but please consider going to this site and signing the motion.

http://movetoamend.org/

"On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. Human beings are people; corporations are legal fictions.

We, the People of the United States of America, reject the U.S. Supreme Court's ruling in Citizens United, and move to amend our Constitution to:

* Firmly establish that money is not speech, and that human beings, not corporations, are persons entitled to constitutional rights.

* Guarantee the right to vote and to participate, and to have our vote and participation count.

* Protect local communities, their economies, and democracies against illegitimate "preemption" actions by global, national, and state governments.

The Supreme Court is misguided in principle, and wrong on the law. In a democracy, the people rule. We Move to Amend."

Sat, 04/16/2011 - 11:48 | Link to Comment flattrader
flattrader's picture

Done.

Sat, 04/16/2011 - 12:36 | Link to Comment RichardP
RichardP's picture

* Guarantee the right to vote and to participate, and to have our vote and participation count.

The U.S. Constitution does not grant people the right to vote for President.  That right/responsibility is placed onto the states.  We are a republic, not a democracy.  The members of the electoral college are free to ignore the votes of the people, although they usually don't.

* Protect local communities, their economies, and democracies against illegitimate "preemption" actions ...

Local communities exist only because the state allows them to.  The ability to preemt the individual or few for the common good is one of the fundamental powers of the Federal and State governments.  Protecting the commons is one of the main reasons that the Federal and State governments exist.

The Supreme Court is misguided in principle, and wrong on the law.

You have chosen to live under a government whose founders decreed that the U.S. Supreme court should be the final arbiter of the law as it is written (Congress is free to change the language of the law).  You are powerless to change this setup.  What you are free to do is go to a non-sovereign piece of land and form your own government.

Humans are flawed creatures.  All governments are created by humans.  Therefore, all governments have flaws.  We can't do any better.  Thus, the preamble to the U.S. Constitution:  We, the people of the United States, in order to form a more perfect Union ...  Not "in order to create a perfect union" (that's not possible), but "in order to create a more perfect union".  One that is still imperfect, but that is better than what has gone before.

Sat, 04/16/2011 - 13:11 | Link to Comment Founders Keeper
Founders Keeper's picture

+1

 

Sat, 04/16/2011 - 17:54 | Link to Comment VisualCSharp
VisualCSharp's picture

The US Constitution does not "grant" any rights. It instead simply states what they are.

Sat, 04/16/2011 - 20:23 | Link to Comment RichardP
RichardP's picture

OK.  The Founding Fathers, through the provisions written into the U.S. Constitution, did not grant the people the right to vote for President.  They laid that right/responsibility onto the States.

Sun, 04/17/2011 - 01:28 | Link to Comment technovelist
technovelist's picture

You have chosen to live under a government whose founders decreed that the U.S. Supreme court should be the final arbiter of the law as it is written (Congress is free to change the language of the law).  You are powerless to change this setup.  What you are free to do is go to a non-sovereign piece of land and form your own government.

Where exactly is this "non-sovereign piece of land"?

 

Sat, 04/16/2011 - 12:29 | Link to Comment sun tzu
sun tzu's picture

The law was flawed and unconstitutional. It also banned all political advertising within 90 days of an election. How can people get their message out to the public without advertisements? Most political blogs have to raise money through donations in order to survive. Money is speech. 

If you want real reform, then ban the little (D) and (R) behind the name on the voting cards.

Sat, 04/16/2011 - 19:31 | Link to Comment s0lspot
s0lspot's picture

Well you organize debates on TV shows.

Political advertising...We dont have this shit yet in Europe. When i was in secondary school i got to be the class delegate coz i gave sour sweets to all the others. But we are adults.

 

What an insanity.

Sat, 04/16/2011 - 13:38 | Link to Comment Pseudo Anonym
Pseudo Anonym's picture

the Supreme Court ruled that corporations are persons, entitled by the U.S.

The supreme court was correct:

http://dictionary.law.com/Default.aspx?typed=person&type=1

Sat, 04/16/2011 - 14:17 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

+1

We've had enough of the Supremes making Imperial law. They need to stick to what is written.

Sat, 04/16/2011 - 15:05 | Link to Comment Fred Hayek
Fred Hayek's picture

Do you have any idea what the Citizens United case was actually about?

Some people had made a film critical of Hillary Clinton and were being prevented from showing it. 

Is that what you want?  Really?

Because they got together legally and financially as a corporation, they were not allowed to show it.  That's a bit insane, isn't it?

If you want to accept that it was more than a bit crazy but would like to have *some* restrictions on corporations, well, that's a different debate.

But no reasonable person would actually say that you shouldn't be able to show a short film critical of Hillary Clinton because it was officially issued by a corporation.

Everyone reflexively damning that decision should actually bother to learn about it. 

Sat, 04/16/2011 - 15:15 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Yep. It put the corporations on an even field with the corrupt, vote buying unions.

I approve.

 

Sat, 04/16/2011 - 14:17 | Link to Comment Bicycle Repairman
Bicycle Repairman's picture

We need a constitutional amendment, because I suspect in this matter the supreme court's ruling would be vigorously upheld.

Sat, 04/16/2011 - 11:18 | Link to Comment NOTW777
NOTW777's picture

hope and change 

Sat, 04/16/2011 - 13:20 | Link to Comment I am Jobe
I am Jobe's picture

Do you see the future?

 

http://www.onesourcechina.com/

Sat, 04/16/2011 - 11:21 | Link to Comment SwingForce
SwingForce's picture

Chairsatan Benzebub!

Sat, 04/16/2011 - 11:22 | Link to Comment plocequ1
plocequ1's picture

Try $4.19 here on beautiful Long Island. It cost me $36 dollars to fill my tank. 

Sat, 04/16/2011 - 11:29 | Link to Comment yabyum
yabyum's picture

Plocequ, They let you drive your riding lawn mower?

Sat, 04/16/2011 - 11:37 | Link to Comment Pool Shark
Pool Shark's picture

 

Reminds me of a classic joke:

Q: How do you double the value of a Chevrolet Cruze?

A: Fill the gas tank.

 

Sat, 04/16/2011 - 12:02 | Link to Comment takinthehighway
takinthehighway's picture

A: Glue the steering wheel back on.

Sat, 04/16/2011 - 12:11 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Gorilla Glue, bitches.

Sat, 04/16/2011 - 11:51 | Link to Comment CrazyCooter
CrazyCooter's picture

$4.04 in SE Alaska. Cost me $69 even to fill up.

But I only got a few miles to get to work, so I can't complain about my commute or fuel bill.

Regards,

Cooter

Sat, 04/16/2011 - 11:56 | Link to Comment dbTX
dbTX's picture

$36.00 to fill your tank? You must be driving a clown car.

Sat, 04/16/2011 - 13:01 | Link to Comment arby63
arby63's picture

The suburban took $110 this morning to "almost" fill it up. However, I do have a 40-gallon tank.

Sat, 04/16/2011 - 14:24 | Link to Comment DollarMenu
DollarMenu's picture

"clown car"

Attitudes like that are part of what's driving the planet to exhaustion.

Revel in your 12 mpg Magna-350-Hemi-Ram clit magnet - we'll all pay.

Sat, 04/16/2011 - 14:27 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

What if I have a 427 tri-power Vette? Do I have to have that crushed in a Cash four Concours thingy?

Sat, 04/16/2011 - 17:52 | Link to Comment takinthehighway
takinthehighway's picture

I will gladly give you twice crush value for it!

Sat, 04/16/2011 - 18:52 | Link to Comment Cistercian
Cistercian's picture

 Long ago, in a different age, I drove a 69 Pontiac Gran Prix.400 cubes, 400 turbo hydramatic,12 bolt positraction rear end...and the 63 super-duty cam.8mpg, city, highway...it didn't matter.It would burn the rear tires off the car...at nearly any speed.It was a true death machine.

  Now I drive a 95 Honda civic EX which is modified.42 to 52 mpg.

 

 I grew up.

Sat, 04/16/2011 - 20:17 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

I feel your pain. Must have hurt giving up your balls like that.

Did your wife make you do it?

Sun, 04/17/2011 - 10:50 | Link to Comment Cistercian
Cistercian's picture

 I reached a point where I no longer desired to feed the super criminals.I lowered my consumption to reduce their revenues.When I was younger, I did not know what evil I was funding...I do now.

 Starve the beast.

  Too bad your manliness is defined by your car.That must suck.

Sat, 04/16/2011 - 11:23 | Link to Comment bob_dabolina
bob_dabolina's picture

Why are prices for gas so much higher in Democratic states?

It makes....no cents

Sat, 04/16/2011 - 11:34 | Link to Comment Pool Shark
Pool Shark's picture

 

Don't know if the survey prices include state taxes (on top of the federal taxes).

Also, some states (like California) require specialized blends for purported environmental reasons which significantly raise refining costs.

 

Sat, 04/16/2011 - 11:53 | Link to Comment CrazyCooter
CrazyCooter's picture

Blends also change by climate. I think its the "winter" blend that is more expensive and the "summer" blend which is cheaper. Not a lot, but there is a difference. So souther states will tend to go to cheaper blends before northern states.

Just one example.

Also can be impacted by the crude sources as not all states source the same oil/refinery.

Regards,

Cooter

Sat, 04/16/2011 - 12:11 | Link to Comment bob_dabolina
bob_dabolina's picture

Here, this graph on page 2 lays it out for you quite nicely:

http://www.api.org/statistics/fueltaxes/upload/Gasoline_Diesel_Summary.pdf

I bet the lower income earners appreciate that. And they thought their free state sponsored childcare was free.

Isn't it also queer that the states with higher taxes also have the biggest problems with their deficit?

Sat, 04/16/2011 - 12:19 | Link to Comment Pool Shark
Pool Shark's picture

 

I knew we were paying high state gasoline taxes here in Cali, but $0.66/gallon?!

Jeeeeez, regular gas was only $0.70/gallon when I started driving in '78...

 

Sat, 04/16/2011 - 12:24 | Link to Comment bob_dabolina
bob_dabolina's picture

Obama and Jerry Brown are going to make sure you pay your share. I was fortunate enough to get away from Jerry, hopefully we can rid ourselves of Obama in 2012 and get some responsible leadership for the country. 

Sat, 04/16/2011 - 12:36 | Link to Comment Pool Shark
Pool Shark's picture

 

I'm a 3rd generation Californian, but I've got my calendar marked for the day I leave the state: the day after I retire...

 

Sat, 04/16/2011 - 19:49 | Link to Comment RichardP
RichardP's picture

I hear that Western Canada is nice.

Sat, 04/16/2011 - 12:43 | Link to Comment Rainman
Rainman's picture

I filled up at Costco last Thursday in SoCal. The lines to the pumps were each 5-7 vehicles long at 10 a.m. On the way, I passed the Chevron at the Interstate off ramp. It was virtually empty.

Chevron franchises 80% of its retail stations. The retailers profit on small margins and depend on large volumes. Almost all have a mini-mart for food and beverage sales. The franchisees must be getting hammered !! 

Sat, 04/16/2011 - 16:26 | Link to Comment Mike2756
Mike2756's picture

Not where i'm at, all stations are equally busy, the difference in price is minimal, only a few pennies.

Sat, 04/16/2011 - 12:48 | Link to Comment linrom
linrom's picture

They have a higher per capita income!

Sat, 04/16/2011 - 11:25 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Hawaii doesn't have much of a summer driving season.

You know, just sayin...

I imagine they'll have to raise the price of tickets for the booze cruise, though.

Sat, 04/16/2011 - 11:54 | Link to Comment Bad Asset
Bad Asset's picture

They don't?  Pretty sure kids and teachers are out of school for the summer in Hawaii too.

Sat, 04/16/2011 - 12:04 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Takes a whole 30 minutes to drive from Waikiki to the North Shore.

I'm just being a smartass, roll with it.

Sat, 04/16/2011 - 11:28 | Link to Comment velobabe
velobabe's picture

i swear this AAA shit, has to stop. E for empty. yeah bitchez. call up on your cell phone to get rescued. these ass wipe dumb americans think that is real option and self rescue. christ.

Sat, 04/16/2011 - 11:52 | Link to Comment Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Naw, better to thin the herd, velo.

Sat, 04/16/2011 - 12:02 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Welfare societies build up so much dross over time, they need to be flushed every so often, or they are DOOMED.

Sat, 04/16/2011 - 12:43 | Link to Comment JimS
JimS's picture

Does your flushing the  "welfare state" include flushing the corporate welfare queens as well?

Sat, 04/16/2011 - 12:54 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Of course. No bailouts for people or corporations. Let Darwin reign.

Sat, 04/16/2011 - 13:13 | Link to Comment cossack55
cossack55's picture

My mentors: Darwin and Malthus

Hey WB7, how about a theme for the two thinkers above?

Sat, 04/16/2011 - 21:37 | Link to Comment Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Ok I don't get it, Darwin gets 3 junks, but my "thin the herd" comment is okay? Really?!?

Sat, 04/16/2011 - 21:36 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Don't feel bad. I have "junk" groupies.

I feel loved.

Sat, 04/16/2011 - 19:51 | Link to Comment RichardP
RichardP's picture

Is there room for Gregor Mendel in there with the other two?  I seriously think Darwin would have written different books if he had been aware of the detail of Mendel's work.

http://en.wikipedia.org/wiki/Gregor_Mendel

Sat, 04/16/2011 - 11:29 | Link to Comment Ben Fleeced
Ben Fleeced's picture

Win The Future.9

Brilliant!

Sat, 04/16/2011 - 11:27 | Link to Comment Dick Darlington
Dick Darlington's picture

around $9 per gallon in Europe...

Sat, 04/16/2011 - 11:33 | Link to Comment duncecap rack
duncecap rack's picture

In Canada it just cost me $53+ to fill up my car. Far and away a record for me. 1.33/litre. I think thats a little over $5/gallon. Ben is helping us with the poverty effect also

Sat, 04/16/2011 - 11:43 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

When was the last time either country built a new refinery?

Sat, 04/16/2011 - 12:12 | Link to Comment CrazyCooter
CrazyCooter's picture

I do not disagree that failure to build additional refineries is a factor, but given the price movements and timeframes involved, I don't think current prices are driven by limited supply.

Regards,

Cooter

Sat, 04/16/2011 - 12:16 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Stand by for the unplanned breakdown, or fire, just in time for summer.

It is as regular as clockwork. Almost funny after all these years, no one connects the dots.

And the watermelons rejoice.

Sat, 04/16/2011 - 13:00 | Link to Comment falak pema
falak pema's picture

Not build new ones! revamp old ones. Plenty of those around!

Sat, 04/16/2011 - 13:03 | Link to Comment doggings
doggings's picture

Europe is a country? i guess to 98.5% of yanks it is, isnt it?

Sat, 04/16/2011 - 13:17 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Americans have a hard time understanding anyone would have the gall to claim to be a nation, and only have a pitiful 10 million population.

California has 30 million.

The EU together might make a country worth noticing.

Sat, 04/16/2011 - 14:38 | Link to Comment Yen Cross
Yen Cross's picture

37 million

Sat, 04/16/2011 - 19:31 | Link to Comment sun tzu
sun tzu's picture

Read his post again. He's talking about the USA and Canada

Sat, 04/16/2011 - 13:15 | Link to Comment cossack55
cossack55's picture

Oh yeah. They are going to build a billion dollar refinery so your gas costs less.  HaHaHaHa.

Sat, 04/16/2011 - 19:36 | Link to Comment sun tzu
sun tzu's picture

LOL like they're going to build a billion dollar auto factory so your car costs less

Sun, 04/17/2011 - 01:23 | Link to Comment Freddie
Freddie's picture

Well Canada is supposedly #2 in oil in the world with your tar sands.  Canada may be close to #1 cause the Saudis lie about their reserves.  They have been 200+ billion barrels for the past 15 years.

Are the gallons in Can - the larger imperial gallons like the UK or the same as the US? 

 

Sat, 04/16/2011 - 11:33 | Link to Comment brxn
brxn's picture

Anyone who runs out of gas driving from station to station to check prices is a moron.

Sat, 04/16/2011 - 11:40 | Link to Comment anti Oligarchy
anti Oligarchy's picture

Sad but true..  Kinda like driving across town because Coke (cola) is cheaper at the store 5 miles away.  Face it, 80 % of Americans are morons when it comes to money.

Sat, 04/16/2011 - 12:41 | Link to Comment smokeybear
smokeybear's picture

Charge it on my Mastertard.

http://rudydo.com/mastertard.gif

Sat, 04/16/2011 - 11:32 | Link to Comment VeryDumbMoney
VeryDumbMoney's picture

After you get through walking, you're hungry.  So you buy food.  

Very bullish.

Sat, 04/16/2011 - 11:44 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Pushing the car is good cardio training as well.

Sat, 04/16/2011 - 11:54 | Link to Comment Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Actually this is a new Michelle Obama health craze. More walking, lose weight, less strain on our health system because less chronic problems caused by obesity...Obamacare at its finest.

Oh and anyone who can't walk because they can't afford gas will eventualy die off, or die trying.

 

See and you thought Obamacare wouldn't work...

 

Voila.

Sat, 04/16/2011 - 12:50 | Link to Comment AG BCN
AG BCN's picture

last time I looked, she was quite a big gal.

Sun, 04/17/2011 - 13:04 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Yeah, they got 3 WH handlers to push her around.

Sat, 04/16/2011 - 11:32 | Link to Comment McMia
McMia's picture

I think we should use our potable water to make ethanol and tar sands oil and coal oil fuel. That way we can eventually pay $20/gal for water instead of gas because everyone knows driving is much more important than drinking.

Sat, 04/16/2011 - 12:29 | Link to Comment Kickaha
Kickaha's picture

A lot of people seem undecided on this issue, and choose to drink and drive at the same time.

Sat, 04/16/2011 - 11:34 | Link to Comment dark pools of soros
dark pools of soros's picture

when gas is $4/gal and you are paying $70 to fill up, even a 10 cent difference per gal ain't worth caring about...

if food and gas keep going up we'll all become hippies soon enough

Sat, 04/16/2011 - 11:46 | Link to Comment Milton Waddams
Milton Waddams's picture

Counting down until stories emerge detailing how the 'global savings glut' in resource producing nations provides critical assistance in financing the federal debacle, er, federal debt post QE.  What could possibly go wrong by assigning even greater power and authority to the monetary authority that completely missed the U.S.' worst financial crisis ever?  Not surprising really; probably the same neurons firing which lead people to drive around in search of the lowest cost gas station.

Sat, 04/16/2011 - 11:51 | Link to Comment flattrader
flattrader's picture

Huge spike in POG was the straw that broke the camel's back for may beleaguered homeowners.

Expect foreclosure spike again.

Sat, 04/16/2011 - 11:56 | Link to Comment chrisd
chrisd's picture

+1

Sat, 04/16/2011 - 11:58 | Link to Comment Bad Asset
Bad Asset's picture

foreclosures will spike this summer from option-arms resetting.  abandon all hope of a real estate recovery.

Sat, 04/16/2011 - 12:35 | Link to Comment CrazyCooter
CrazyCooter's picture

I do recall seeing an ARM forecast reset schedule and the peak was in 2011 or 2012.

Yup, right over here at Dr Housing Bubble ...

http://www.doctorhousingbubble.com/option-arms-enter-the-eye-of-the-hurr...

Regards,

Cooter

Sat, 04/16/2011 - 13:09 | Link to Comment flattrader
flattrader's picture

Thanks much. It also has a recast chart!

We appear to be in the middle of the python on recasts now which got rescheduled again due to neg amort.

Recasts and rising POG will do in a lot of CA homeowners.

Sat, 04/16/2011 - 16:16 | Link to Comment Confucious 222
Confucious 222's picture

From the looks of that chart, there should be lots of jingle mailers, squatters, homeless, back at homers, and down by the river bottom in a van by the bridgers just in time for the 2012 elections. Not that Rep or Dem will make any difference. But they will both spend billions trying to convince us otherwise.

Sat, 04/16/2011 - 12:40 | Link to Comment flattrader
flattrader's picture

Yeah, that too. I think it will be worse than expected/predicted.

Have you seen an updated reset chart lately? Got Link?

And I'm not sure what is going on with recasts these day. I haven't read anything about them in more than a year.

Sat, 04/16/2011 - 11:52 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

It cost me $360.00 in diesel this week ( $4.09 a gallon ) for my truck but I billed out $1,890.00 for those runs. The thing that sucks is not getting payed for 30 days but that's the price you pay for running your own business ......

Sat, 04/16/2011 - 11:59 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

I saw diesel, in Texas, this week at $3.99.

Damn.

It takes a government to screw things up so badly that diesel costs more than premium.

Sat, 04/16/2011 - 12:18 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Best move I made was dump my Dodge pickup in 2005 for a Honda civic .... 38 mpg

And I have a Kawasaki 250 Enduro that gets 95 mpg, I will be on this bike all summer long ....

Sat, 04/16/2011 - 13:01 | Link to Comment AG BCN
AG BCN's picture

good move SS, I use a 2.0 Diesel for longer trips and a Honda 100cc to get around town. I think I am paying the same for fuel as I did 15 years ago. As for looking cool, well there is a very different view of what is cool here in Europe. Probably half of my neighbourhood could buy a Ferrari, Lambo etc..very few do, too embarrassing.

 

Sat, 04/16/2011 - 12:03 | Link to Comment Pool Shark
Pool Shark's picture

 

Oh, stop your whining Spalding,

You can afford it with all the money you've made the last week or two on your silver shorts...

;-)

 

Sat, 04/16/2011 - 12:14 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Lol ....

 

 I don't short just give out my 2 cents ;-).

I just trade a few stocks nothing major yet. After I get $50,000 I have three friends that will match that and let me trade the account for the team. I have been making them a few benny bux ( I had one of them buy apple after the flash crash at $239 ) he put $100,000 on it. And I had the same guy buy $10,000 of MPEL hes up 25% on that also.....

 

Sat, 04/16/2011 - 12:21 | Link to Comment Pool Shark
Pool Shark's picture

 

Funny that you consider silver to be in a bubble, but not tech stocks?

 

Sat, 04/16/2011 - 12:39 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Hey silver • gold is o.k. but the doomer trade blows my mind. We are not going mad max and if we did silver • gold will not get you that far anyway.....We are not going Weimer in the USA either, the big boys ( like tyler, turd, santa and co. ) make a killing trading futures contracts off this mindset. Then they blow their fiat on woman, trips, cars  ect off the doomer trade. The little guy will get blowtorched after the crash.

 

Not Apple, she's global now and the branding is world class like Coke. Buying MPEL now is like buying casino stocks from Vegas in the 70's, I'll let that sit in my IRA for the next 20 years and keep buying more along the way. China long term will be just fine .....

Sat, 04/16/2011 - 12:29 | Link to Comment bob_dabolina
bob_dabolina's picture

Better make sure you get your Series 7/63/65

Unless you are just an uber risk taker.

Sat, 04/16/2011 - 11:56 | Link to Comment chrisd
chrisd's picture

Here in Nashville, we have seen increases in gas theft. Both the old fashioned kind (pump and flee) and also a new kind where people drive around with 44 gallon drums in the back of a pick-up or cargo van and stealing it straight out of the resevoir.

 

http://www.wsmv.com/news/27561681/detail.html

 

 

Sat, 04/16/2011 - 13:07 | Link to Comment falak pema
falak pema's picture

well in Georgia Asia, that 75 yr old lady tried to steal Cu from cables and brought the Internet down! Soon they'll prefer stealing your wife for her gold trinket jewelry than for herself!

Sat, 04/16/2011 - 13:07 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

You are supposed to say, "Georgia, the country, not the state."

 

Sat, 04/16/2011 - 15:52 | Link to Comment falak pema
falak pema's picture

that's too long. Take shorthand lessons.

Sat, 04/16/2011 - 16:10 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

You need to read more books by John Ringo.

Aer Keldara!!!

Sat, 04/16/2011 - 12:09 | Link to Comment LRC Fan
LRC Fan's picture

Totally OT but the USA government is completely out of control.  They have now seized all the major online poker sites, charging the execs with fraud and money laundering.  There's a message if you go to www.pokerstars.com or www.fulltiltpoker.com, that explains it.  Basically a big FBI and some other logo telling people all your poker chips are belong to us. 

Sat, 04/16/2011 - 12:18 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

That's what they get for not paying their protection fees.

Sat, 04/16/2011 - 12:45 | Link to Comment sun tzu
sun tzu's picture

I'm glad to see the FBI is targeting all those criminals who are bankrupting America and driving us into a systemic collapse. What a bunch of retarded keystone cops.

Sat, 04/16/2011 - 14:41 | Link to Comment Yen Cross
Yen Cross's picture

+1

Sat, 04/16/2011 - 15:25 | Link to Comment KickIce
KickIce's picture

Right along the lines of Congress investigating steroid use.

Sat, 04/16/2011 - 13:15 | Link to Comment arby63
arby63's picture

...and the sheople just turn another hind-quarter for a thorough shearing. quite a pitty how things have turned out. it's too late now to even fix it. what happens next will be very ugly compared to what could have happened if folks stood up to an encroaching government 75 years ago. oh well, guess it was easier just to "get along" than make waves. now we're clearly in for a doozy that will definitely be far out of anyone's control.

Sat, 04/16/2011 - 13:21 | Link to Comment cossack55
cossack55's picture

Good thing they were not making silver rounds. You don't want treasury after you.

Sat, 04/16/2011 - 12:11 | Link to Comment cbxer55
cbxer55's picture

I drive a 2004 Ford Lightning, which due to being supercharged, requires premium only. And since I've done some pulley changes for more boost, prefer to use 93 octane. Its rare here, so when I fill it up I also fill up two 5 gallon cans, which are kept locked up under a bed cover.

Also I only live 5 miles from work, so the cost is not too prohibitive yet.

Sat, 04/16/2011 - 14:47 | Link to Comment Antarctico
Antarctico's picture

I am in a similar boat -- my supercharged Detroit sled needs premium.  If you want the LULZ, you've got to pay for it at the pump! :D

Sat, 04/16/2011 - 14:52 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Get all the proles off my road and I'll make sure to use their ration of gas. I do not need gadgets if I can go fast.

Hell, I'd give up steak and french fries, if we went to 100mph freeways.

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