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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > USA - California > Gas goes up in Cali oil drops 10+ a barrel



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      05-14-2012, 11:05 AM   #1
ctuna
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Gas goes up in Cali oil drops 10+ a barrel

Gas goes up in Cali oil drops 10+ a barrel WTF?
Anybody else notice this .
A barrel of oil went form 107 from to 95 as of today but
gas prices are on the rise in California and nationwide they
have only dropped and average of 5 cents.
Is it just the usual Summer gouging or something else.
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      05-14-2012, 11:14 AM   #2
fenixxishot
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That's the 30day out spot price u pay at the pump the cost of what oil was a month ago
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      05-14-2012, 11:48 AM   #3
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I'm paying $4.39-$4.59 a gallon down here for premium. If I have to head in to LA I might pay over $5, but I try to avoid that.
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      05-14-2012, 12:04 PM   #4
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They are trying to recoup the payout when BP had that disaster in the gulf. You didn't think that compensation came without a price did you?
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      05-14-2012, 12:10 PM   #5
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My local off-brand station has come down from $4.14 to $3.89 for 93 AKI in the last 6 weeks.

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      05-14-2012, 12:14 PM   #6
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argh, yes they keep going back up in CA!! I need to trade in my second car for a volt or prius! :-(
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      05-14-2012, 12:18 PM   #7
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Gas is about $3.89 a gallon for 93 here.

Filled up yesterday.

Its funny how when oil goes down it take a while for it to reflect at the pump but when it goes up we see it right away at the pump.

They make to much money on the spread.
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      05-14-2012, 12:35 PM   #8
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The new Tesla model S starts shipping in June

The new Tesla 4 door model S starts shipping in June.
I have actually seen a 1 series electric driving on Highway
17 a few times recently.
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      05-14-2012, 12:39 PM   #9
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I saw an ActiveHybrid7 today on the freeway...it was not nimble or quick
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      05-14-2012, 12:49 PM   #10
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Quote:
Originally Posted by superjay View Post
I saw an ActiveHybrid7 today on the freeway...it was not nimble or quick
How do you judge its nimbleness/quickness by seeing it?
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      05-14-2012, 12:57 PM   #11
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it was trying very hard to fight the traffic monster. It was failing
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      05-14-2012, 01:01 PM   #12
ctuna
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Are any of the 7 Series nimble

Aren't they more like a German muscle car Tank combo?
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      05-14-2012, 01:30 PM   #13
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More like a German Luxury car/fake "save the planet" combo
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      05-14-2012, 01:49 PM   #14
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      05-14-2012, 01:52 PM   #15
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It's complicated. You are looking at WTI spot price. Brent is much more of a global indicator in terms of futures pricing. Even then, there are so many variables to the price of gasoline it will make our head spin. I won't even go into it, you can use the internet to get a better idea.
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      05-14-2012, 01:58 PM   #16
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2008 E93 335i  [1.83]
i fill half my tank 93 then the other half E85
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      05-14-2012, 02:54 PM   #17
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Quote:
Originally Posted by superjay View Post
it was trying very hard to fight the traffic monster. It was failing
You should issue a challenge next time
Slalom time
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      05-14-2012, 03:10 PM   #18
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Quote:
Originally Posted by ctuna View Post
Gas goes up in Cali oil drops 10+ a barrel WTF?
Anybody else notice this .
A barrel of oil went form 107 from to 95 as of today but
gas prices are on the rise in California and nationwide they
have only dropped and average of 5 cents.
Is it just the usual Summer gouging or something else.
Must be Bush's fault still!
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      05-14-2012, 03:35 PM   #19
superjay
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Quote:
Originally Posted by project6 View Post
You should issue a challenge next time
Slalom time
I did...he was unable to meet the challenge.
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      05-14-2012, 03:57 PM   #20
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Three refineries in Ca. are closed for "maintenance".
This has sent the price soaring in the last week.
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      05-14-2012, 04:28 PM   #21
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there are also 5 or 6 on the east coast that are closed for maintenance. We SHOULD be around $3.89 here in SoCal, but with supply lines being cut, the way they are, we're feeling it in our wallets...a-holes. They do this on purpose. I'm not one for conspiracy theories, but I think they got used to making a huge margin on fuel, and don't want to go back
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      05-16-2012, 04:05 PM   #22
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It's very simpleeconomics when you look at a graph of oil vs. gas prices:

When oil prices go up, gas prices go up.
When oil prices go down, gas prices go up.

Questions?
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