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So, when do the high oil prices catch up to us?

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catmandu57 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-23-04 12:13 PM
Original message
So, when do the high oil prices catch up to us?
If the upward spiral is on oil futures, when is it going to bite us at the pump? Can they sustain lower prices until after the election?, or will we wake up next month to higher pump prices?
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demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-23-04 12:15 PM
Response to Original message
1. November 3, 2004
n/t
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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-23-04 12:29 PM
Response to Reply #1
5. Exactly, after our Thrid-Qorld "election"
And it will be covered in the Usual Way by our Third-World Media.

"Nothing to see here. Move along. Keep consuming, citizens!"
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Systematic Chaos Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-23-04 12:17 PM
Response to Original message
2. They're already going near / over $2.00 in Vegas
I expect to see some price increases at most of the stations I drive by on the way to work, now that this is Monday morning and the managers will be in to reprogram the pumps and change the signs.

And to think, a couple weeks ago it was just $1.83. :eyes:
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-23-04 12:20 PM
Response to Original message
3. I think it's suppose to take about two months for prices to
have an effect at the pump. But it varies according to whether it's going up or going down.
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MI Cherie Donating Member (682 posts) Send PM | Profile | Ignore Mon Aug-23-04 12:28 PM
Response to Original message
4. It's $1.94/gal. in West Michigan!
Down from $2.05 last week and up from $1.89 a few weeks back.

Plus, with the Labor Day holiday coming up, it'll probably go up 25¢ or 35¢ or more per gallon within the next couple of weeks!

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carpediem Donating Member (700 posts) Send PM | Profile | Ignore Mon Aug-23-04 12:39 PM
Response to Original message
6. If it hits in September Floridians are in for stickershock.
For all of August we haven't had to pay tax on the gas we buy so our prices are currently 1.72-1.75 for regular (in the tampa area). With the gas tax that puts us at around 1.86-1.89 - if you add in the price increases, that will be a big jump come September.

I have no idea when they catch up to us, but I thought I remember reading that some of these record prices for oil were for oil to be delivered in September.

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