Local Gas Prices

Post by **nebugeater** » Wed Oct 22, 2014 9:17 pm

Anyone heard of any midwest refinery issues?

Here where I am now an hour out of Omaha were are still at 2.99 as of noon today. That is really strange as we are usually .05 higher than Omaha on average.

bbinks · Post by **bbinks** » Fri Oct 24, 2014 5:28 am

guitarguy wrote:Switch to winter blend?

Winter blend should be cheaper.

Uffda · Post by **Uffda** » Sat Nov 01, 2014 1:20 pm

In tampa for the weekend and seeing gas prices around $2.80. Also had a friend in Dallas tx area say she paid $2.44 the other day.

S33 · Post by **S33** » Thu Nov 06, 2014 12:37 am

Uffda wrote:In tampa for the weekend and seeing gas prices around $2.80. Also had a friend in Dallas tx area say she paid $2.44 the other day.

Enjoy it while it lasts. The extraction margin for f-racking is being tested with these prices, and they will pull back, easing the over supply.

In other words, there will be a lot of laid-off earth poisoners here so; if for only a brief period.

(F)racking an expletive here, now? Wow

Post by **Brad** » Thu Nov 06, 2014 3:50 am

S33 wrote:(F)racking an expletive here, now? Wow

Lol, it shouldn't be.

That said, Just got back from Utah and Colorado where they are (F)racking EVERYWHERE!

Post by **Admin** » Thu Nov 06, 2014 3:57 am

S33 wrote:(F)racking an expletive here, now? Wow

No, but "f*cking" is on the word censor list.

jessep28 · Post by **jessep28** » Thu Nov 06, 2014 4:59 am

There are conspiracy theories floating around that the Saudis are putting downward pressure on oil prices to try and slow shale oil development in North Dakota.

bigredmed · Post by **bigredmed** » Thu Nov 06, 2014 12:30 pm

I have heard a rumor that the Saudis and the Russians need to keep oil at least $77 per barrel in order to have the cash flow to keep their regimes a float. The conspiracy further states that if these two countries can't manipulate supply to move the market price, they will create disruptions by use of terrorist groups in the middle east and elsewhere. (Source is Glen Beck).

Post by **Brad** » Thu Nov 06, 2014 1:08 pm

Lol, the * is like a fill in the blank on the PHPBB forums so (F)racking gets censored.

Lol, you can just make up words that start with an "F" and end in "cking" and it censors it... |expletive| |expletive|

Post by **BRoss** » Thu Nov 06, 2014 2:10 pm

Brad wrote:Lol, the * is like a fill in the blank on the PHPBB forums

Usually * is a wildcard consisting of any number of characters and ? is a wildcard consisting of just one character. I'm not sure if that applies to phpBB though.

GetUrban · Post by **GetUrban** » Thu Nov 06, 2014 6:56 pm

Brad wrote:Lol, the * is like a fill in the blank on the PHPBB forums so (F)racking gets censored.

Lol, you can just make up words that start with an "F" and end in "cking" and it censors it... |expletive| |expletive|

Sounds like Jimmy Kimmel's "unnecessary Censorship" segments!

S33 · Post by **S33** » Thu Nov 06, 2014 11:53 pm

GetUrban wrote:
Brad wrote:Lol, the * is like a fill in the blank on the PHPBB forums so (F)racking gets censored.

Lol, you can just make up words that start with an "F" and end in "cking" and it censors it... |expletive| |expletive|
Sounds like Jimmy Kimmel's "unnecessary Censorship" segments! :D

lol! Exactly.

As far as the conspiracy theory, I think it's actually less conspiracy. The Saudi's have invested a lot of money in the past in an attempt to squash (f)racking R&D. The Saudis know how dreadful it can be to their one-dimensional economy.

I'm not sure how I feel about all this, though. I spoke with some Halliburton guys who run one of those massive rigs that do the (f)racking, and they claimed that they had no idea what the synthetic chemical, that is pumped into the ground, consisted of.

It's like poisoning the earth, to further poison the earth. : /

S33 · Post by **S33** » Fri Nov 07, 2014 12:00 am

bigredmed wrote:I have heard a rumor that the Saudis and the Russians need to keep oil at least $77 per barrel in order to have the cash flow to keep their regimes a float. The conspiracy further states that if these two countries can't manipulate supply to move the market price, they will create disruptions by use of terrorist groups in the middle east and elsewhere. (Source is Glen Beck).

Glenn Beck can be a bit nutty, but I could see the Russians doing something like that, specifically, Putin. The Saudis less so, but Russia will do what they have to do.

GetUrban · Post by **GetUrban** » Fri Nov 07, 2014 6:55 pm

S33 wrote:
GetUrban wrote:
Brad wrote:Lol, the * is like a fill in the blank on the PHPBB forums so (F)racking gets censored.

Lol, you can just make up words that start with an "F" and end in "cking" and it censors it... |expletive| |expletive|
Sounds like Jimmy Kimmel's "unnecessary Censorship" segments! :D
lol! Exactly.

As far as the conspiracy theory, I think it's actually less conspiracy. The Saudi's have invested a lot of money in the past in an attempt to squash (f)racking R&D. The Saudis know how dreadful it can be to their one-dimensional economy.

I'm not sure how I feel about all this, though. I spoke with some Halliburton guys who run one of those massive rigs that do the (f)racking, and they claimed that they had no idea what the synthetic chemical, that is pumped into the ground, consisted of.

It's like poisoning the earth, to further poison the earth. : /

They say that the recent earthquakes in Oklahoma are caused by (F)racking, which is kind of scary if that continues to escalate. On the other hand, it would be nice to have a mountain range or ocean closer to Omaha...depending on how it would all shake out!

Uffda · Post by **Uffda** » Sat Nov 22, 2014 5:48 am

I saw gas had dropped 10cents to 2.77 so i took a look around using gas buddy. WOW --- almost 40 cents cheaper in sioux falls!!

PS how do i make this image larger?

Post by **nebugeater** » Sat Nov 22, 2014 1:05 pm

Where I live now about an hour out of Omaha the prices are usually about 0.10 more than the Omaha market. For the last Month plus the prices here have been a constant 0.05 and mostly 0.10 lower than the Omaha area. Fremont has usually been a bit lower than that even. Been kind of strange.

skinzfan23 · Post by **skinzfan23** » Sat Nov 22, 2014 4:25 pm

Uffda wrote:I saw gas had dropped 10cents to 2.77 so i took a look around using gas buddy. WOW --- almost 40 cents cheaper in sioux falls!!

PS how do i make this image larger?

Wow that is probably more in line with what the gas prices should be in Omaha considering how low the price of crude oil is.

Coyote · Post by **Coyote** » Sat Nov 22, 2014 5:01 pm

Uffda wrote:PS how do i make this image larger?

Click on it

MadMartin8 · Post by **MadMartin8** » Sat Nov 22, 2014 5:10 pm

skinzfan23 wrote:
Uffda wrote:I saw gas had dropped 10cents to 2.77 so i took a look around using gas buddy. WOW --- almost 40 cents cheaper in sioux falls!!

PS how do i make this image larger?
Wow that is probably more in line with what the gas prices should be in Omaha considering how low the price of crude oil is.

Taxes, taxes, taxes.

Uffda · Post by **Uffda** » Sun Nov 23, 2014 5:27 am

MadMartin8 wrote:
skinzfan23 wrote:
Uffda wrote:I saw gas had dropped 10cents to 2.77 so i took a look around using gas buddy. WOW --- almost 40 cents cheaper in sioux falls!!

PS how do i make this image larger?
Wow that is probably more in line with what the gas prices should be in Omaha considering how low the price of crude oil is.
Taxes, taxes, taxes.

Nope taxes can't account for big 30 cent difference.

Nebraska. 45.7 cents
South Dakota . 40.4
Iowa. 40.4

MadMartin8 · Post by **MadMartin8** » Sun Nov 23, 2014 4:45 pm

Uffda wrote: Nope taxes can't account for big 30 cent difference.

Nebraska. 45.7 cents
South Dakota . 40.4
Iowa. 40.4

Interesting....My first reaction was to say due to the closeness of the Bakken formation, but there aren't refineries up there as far as I know?

Demand could be lower up there due to the less population?

Oil companies hate Nebraska?

Uffda · Post by **Uffda** » Mon Nov 24, 2014 12:34 pm

I usually travel to Sioux falls area about once a month to visit family and there can be times gas cost more up ther then down here and vice versa BUT never by this large amount.

Omababe · Post by **Omababe** » Mon Nov 24, 2014 1:48 pm

A very good one to compare prices in various areas is here:

http://www.omahagasprices.com/Price_By_County.aspx" onclick="window.open(this.href);return false;

You can drill down on it to get more detail, even up to zooming in on zip codes and individual stations.

For those of you on GB, I am "AnnieR" over there.

Coyote · Post by **Coyote** » Tue Nov 25, 2014 12:04 am

$2.69 in CB today, prices may not rise until January...

jessep28 · Post by **jessep28** » Tue Nov 25, 2014 2:40 am

I used to be on GasBuddy all the time. That was back in the day before they switched to a database and people entered addresses themselves. We always had problems with duplicates and incorrect locations.

Uffda · Post by **Uffda** » Tue Nov 25, 2014 4:27 am

Paid 2.65 at crown point and north 72. AFTER .10 bakers discount, so erg 2.75. Heading for Sioux falls area on Wed. Price currently in my home town Caseys $2.47

Coyote · Post by **Coyote** » Tue Nov 25, 2014 6:45 am

Saudi's really want to keep crude oil prices low... for a few years.

"Analysts say the kingdom is strong enough to withstand lower prices. "Saudi Arabia wants to try and knock out shale oil competitors from the market," said Saudi economist Abdulwahab Abu-Dahesh. They have the fiscal strength to remain steadfast for two to three years"

GetUrban · Post by **GetUrban** » Tue Nov 25, 2014 3:51 pm

The price could really drop if we continue to reduce our consumption. Unfortunately, people will probably start to care less about efficiency again, which will in turn increase demand, causing prices to start rising again. In the mean time, domestic oil production will see a lower profit margin due to higher extraction costs and lower prices. In the long run, reducing consumption should still be our main goal, instead of continuing our wasteful ways.

S33 · Post by **S33** » Tue Nov 25, 2014 7:03 pm

Coyote wrote:Saudi's really want to keep crude oil prices low... for a few years.

"Analysts say the kingdom is strong enough to withstand lower prices. "Saudi Arabia wants to try and knock out shale oil competitors from the market," said Saudi economist Abdulwahab Abu-Dahesh. They have the fiscal strength to remain steadfast for two to three years"

They are going to have a hard time doing that, and I would call their bluff in a heartbeat. Saudi Arabia is not an accurate representation of a typical OPEC nation. While their economy is extremely dependent upon oil, Saudi Arabia is filthy rich. Smaller, less rich OPEC nations like Venezuala, are in deep sh*t. Our shale industry has single-handedly wreaked havoc on their economy, crushed their currency and led to extreme increased inflation. Even if prices do not go any lower, the current price is going to tear apart OPEC from within, only leaving the most rich of the union of oil producers standing.

Side note: I've been doing a lot of traveling through the central region of Kansas the past couple weeks, and I am shocked how this industry has taken off. As far as the eye can see, are grass hopper derricks, oil storage tanks, and highways full of oil tankers collecting and delivering supplies.

I've asked many locals about their water supply and if it's been affected by the drilling/|expletive|, and most don't have a clue. But I was able to speak with a gentleman who actually is involved with water quality in and around Great Bend, Kansas, and he said they constantly have to send "do not drink notices" to customers from time to time as they find the water unsuitable for consumption because of the drilling.

So this newfound industrial prowess will come at a cost, but it's definitely been a crucial tool to manipulate and depress our adversaries around the world (see Russia)

So I'm on the fence.... Until I need good water, of course

S33 · Post by **S33** » Tue Nov 25, 2014 7:09 pm

Also, if the Saudis want to manipulate our domestic production by slashing prices, sure our government (barring runaway liberalism), would be glad to fix that with tariffs and other trade mechanisms.

S33 · Post by **S33** » Tue Nov 25, 2014 7:16 pm

GetUrban wrote:The price could really drop if we continue to reduce our consumption. Unfortunately, people will probably start to care less about efficiency again, which will in turn increase demand, causing prices to start rising again. In the mean time, domestic oil production will see a lower profit margin due to higher extraction costs and lower prices. In the long run, reducing consumption should still be our main goal, instead of continuing our wasteful ways.

I agree. Imagine how many patents exist relating to more efficient, renewable energy that have been purchased by companies like Halliburton and Exxon and stuffed into a locked filing cabinet.

jessep28 · Post by **jessep28** » Wed Nov 26, 2014 6:05 am

A Forbes article I read speculated that the market is lowering prices to reduce any benefit that ISIS has with their seized oil assets. That same article stated that prices would have to fall under $60 to affect shale production.

Coyote · Post by **Coyote** » Tue Dec 02, 2014 11:48 pm

Oklahoma City's gas prices are predicted to go below $2.00 by next week!
Oklahoma, Missouri, Texas, Louisiana among 8 states believed to break that mark soon.

Uffda · Post by **Uffda** » Wed Dec 03, 2014 1:50 am

Coyote wrote:Oklahoma City's gas prices are predicted to go below $2.00 by next week!
Oklahoma, Missouri, Texas, Louisiana among 8 states believed to break that mark soon.

And we are still at 2.65.

Coyote · Post by **Coyote** » Sun Dec 07, 2014 11:27 pm

Uffda wrote: And we are still at 2.65. :shock: :shock: :(

I saw a QT at 2.49 today in Omaha. It looks like the Saudis are heck bent to kill the Shale Oil industry and will keep the price of barrels low for at least two years...

Uffda · Post by **Uffda** » Tue Dec 09, 2014 12:27 pm

I saw that last night too. We are still 20-25 cents higher than Sioux falls. Weird

jessep28 · Post by **jessep28** » Tue Dec 09, 2014 6:00 pm

Prices around here are elevated compared to other parts of the country partly because harvest season went late, and there was still quite a bit of diesel demand while refineries were doing fall maintenance. In other news, I came across an article stating that shale producers are already scaling back projects.

GetUrban · Post by **GetUrban** » Tue Dec 09, 2014 6:47 pm

Coyote wrote:
Uffda wrote: And we are still at 2.65. :shock: :shock: :(
I saw a QT at 2.49 today in Omaha. It looks like the Saudis are heck bent to kill the Shale Oil industry and will keep the price of barrels low for at least two years...

Hate to see anyone lose their job now, but it's only a matter of time until the shale oil will be needed.... when it once again becomes cost effective to extract it. Still best to keep reducing our consumption and stretch the supply out as long as possible.

Post by **BRoss** » Tue Dec 09, 2014 11:53 pm

It'd be much better to just get away from oil.

Uffda · Post by **Uffda** » Wed Dec 10, 2014 11:16 pm

jessep28 wrote:Prices around here are elevated compared to other parts of the country partly because harvest season went late,

Do you hav a link on that as I question that since SDak and MN prices were lower while they were harvesting. Also refinery maintenance should cause a change everywhere not just in certain states.