Future Gasolin versus price at the pump...

[SeeYal]

If anyone goes to Bloomberg and see the commodities and energy pricing, you must have seen the tremendous drop in future gas pricing... Typically, ( on the way up), you always could forecast the pricin g at the pump from there - roughly 50 cents higher than future...
Well, it is not the same on the way down...!!!
Future Gasolin is at 3.04$/gallon this morning, which should result at 3.54$/gallon at the pump... we are still far away from there... someone is pocketing a little bit more than their shares,... or maybe just trying to recuperate the investment of the last gas buy at higher $$$???

I do not mind paying and make sure everyone gets his share, but I hate gouging...!!!:mad:

[blueguydotcom]

what the market will accept... still don't get why everyone is griping. I'd be content to pay $7-8 a gallon if it meant better roads and less CHP scum looking for tax revenue through bogus tickets.

[02 330Ci]

what the market will accept... still don't get why everyone is griping. I'd be content to pay $7-8 a gallon if it meant better roads and less CHP scum looking for tax revenue through bogus tickets.
ya what fantasy that is though huh. in reality you will not see better roads nor a decrease in HP's looking for revenue.

[Sam Cogley]

If anyone goes to Bloomberg and see the commodities and energy pricing, you must have seen the tremendous drop in future gas pricing... Typically, ( on the way up), you always could forecast the pricin g at the pump from there - roughly 50 cents higher than future...
Well, it is not the same on the way down...!!!
Future Gasolin is at 3.04$/gallon this morning, which should result at 3.54$/gallon at the pump... we are still far away from there... someone is pocketing a little bit more than their shares,... or maybe just trying to recuperate the investment of the last gas buy at higher $$$???

I do not mind paying and make sure everyone gets his share, but I hate gouging...!!!:mad:

That's about what the pricing is around here. $3.55-$3.75 depending on location and brand.

[SeeYal]

That's about what the pricing is around here. $3.55-$3.75 depending on location and brand.

Houston still had it at 3.85/gal...:mad: right by the refineries...:dunno: