(03-03-2015 12:15 PM)stinkfist Wrote:  

(03-03-2015 12:13 PM)gdunn Wrote:  Here's a funny.. Since mid-February, gas has jumped 30 cents in the Midwest.

same here.....it has to be supply and demand......lmfao (not at you)

people that don't think price manipulation rules this kingdom just aren't paying attention....

What I understood the other day, we're seeing the summer prices now since they're already producing summer mix gasoline. We gotta pay the futures on it.

Amazing isn't it. A butterfly will flap it's wings and disturb an oil derrick and prices change in a few minutes... However, findings show that it actually improved production, it'll take weeks to see it.

Oil and gas should never be allowed to be traded on the stock market as a commodity nor should it be allowed to be traded overnight in the overseas market by folks over here.. Google London Loophole. People were trading oil commodities on the London Exchange, running the prices up so the next day they'd open higher on Wall Street.

(03-03-2015 12:13 PM)gdunn Wrote:  Here's a funny.. Since mid-February, gas has jumped 30 cents in the Midwest.

For the longest time it was always more expensive in the Midwest than the national average. Recently, we've been lower, which was a nice surprise. I guess it's just going back to the usual situation. Bummer.

(03-03-2015 12:34 PM)NIU007 Wrote:  

(03-03-2015 12:13 PM)gdunn Wrote:  Here's a funny.. Since mid-February, gas has jumped 30 cents in the Midwest.

For the longest time it was always more expensive in the Midwest than the national average. Recently, we've been lower, which was a nice surprise. I guess it's just going back to the usual situation. Bummer.

We stay in Missouri, but I've discovered that prices are higher in Indiana than anywhere else between MO and my wife's home state of Pennsylvania. And my understanding is there are a couple of refineries in Indiana.

(03-03-2015 12:34 PM)NIU007 Wrote:  

(03-03-2015 12:13 PM)gdunn Wrote:  Here's a funny.. Since mid-February, gas has jumped 30 cents in the Midwest.

For the longest time it was always more expensive in the Midwest than the national average. Recently, we've been lower, which was a nice surprise. I guess it's just going back to the usual situation. Bummer.

Absolutely 100% incorrect.

Since 1992, (the website doesn't have regional breakdowns prior to May 11, 1992) the average price or gasoline in the midwest has been below the national average.

Facts

I revived this thread to point out that the Keystone Pipeline is currently in operation. And as predicted is quite dangerous in its current form...

BNSF oil train derails in rural Illinois; two cars aflame

Update on derailments of trains carrying oil:.

March 6 Galena, IL
March 7, Gogama, Ontario (4th in last 4 weeks in Ontario)
Feb 16, Mount Carbon, WV

There was also a non-oil train crash in California.