Gas Prices

[richard wysong]

Big oil is posting record profits they said on the news last pm so their costs are not increasing at the same rate they are raising our prices. So much for our Fearless Leaders promise of $2 gas. The price of diesel is going to drive up the cost of EVERYTHING. Can you think of 1 thing that is NOT delivered by truck at some point in the supply chain? I can't.

[KARNUT]

[Atlas]

19 minutes ago, richard wysong said:

Big oil is posting record profits they said on the news last pm so their costs are not increasing at the same rate they are raising our prices. So much for our Fearless Leaders promise of $2 gas. The price of diesel is going to drive up the cost of EVERYTHING. Can you think of 1 thing that is NOT delivered by truck at some point in the supply chain? I can't.

 

Diesel is right at $7 here now.

 

Shell Profits beat expectations! Great for shareholders, not so great if you eat food or depend on petrochemicals for transportation, food, or living.

https://www.cnbc.com/2026/05/07/oil-giant-shell-tops-quarterly-profit-estimates-as-iran-war-drives-price-surge.html

[Atlas]

41 minutes ago, KARNUT said:

 

 

But then we'd all have to live in Cornhole TX or wherever you're at and then gas wouldn't be cheap there anymore.

[KARNUT]

9 minutes ago, Atlas said:

 

But then we'd all have to live in Cornhole TX or wherever you're at and then gas wouldn't be cheap there anymore.

I left one of the highest taxed states long before it was a thing. Now I’m being joined by others. I think Washington is number 4. Enjoy. Your jealousy is showing. At least learn how to go with the flow. This is a just a blip in the radar here. Didn’t you just lose Starbucks? Rock on, learn nothing.

[Grumpy Bear]

Diesel is solidly over $6 here. 

[CamGTP]

Prices haven't changed all week here, still the same prices of around $4.25ish a gallon.

 

Circle K gas stations yesterday did have a 3 hours fuel savings promotion thing going on from 4-7pm, they knocked 40 cents off a gallon. I had another 10 cents on the fuel card thing, so I topped off my tank for the hell of it. 

[Atlas]

Today near Montgomery, TX. Looks like there's quite a few over $4.00 now

 

[Grumpy Bear]

21 hours ago, Atlas said:

 

But then we'd all have to live in Cornhole TX or wherever you're at and then gas wouldn't be cheap there anymore.

 

Mid pack gas/diesel taxes (20 cents a gallon) refineries close to production. I worked the Chevron USA El Paso unit right in the edge of the Permian Basin. Oil company's subsidize the tax base of Texas. Lot's of reasons they have low gas pricing and low state taxes. 

 

https://energynow.com/2025/12/mapped-u-s-oil-production-by-state-visual-capitalist/

 

[KARNUT]

24 minutes ago, Grumpy Bear said:

 

Mid pack gas/diesel taxes (20 cents a gallon) refineries close to production. I worked the Chevron USA El Paso unit right in the edge of the Permian Basin. Oil company's subsidize the tax base of Texas. Lot's of reasons they have low gas pricing and low state taxes. 

 

https://energynow.com/2025/12/mapped-u-s-oil-production-by-state-visual-capitalist/

 

How about Oklahoma? I always pay less for gas there. Last trip one month ago by 20 cents per gallon.

[KARNUT]

It’s been days now. When will it show at the pumps.

[diyer2]

$4.55 85 oct. 

[Atlas]

3 hours ago, KARNUT said:

It’s been days now. When will it show at the pumps.

 

Supply has been disrupted. It will literally take the better part of a year if not longer for gas prices to get back to normal at US pumps.

 

*WHEN the war finally ends. We're not there yet.

[Grumpy Bear]

3 hours ago, KARNUT said:

How about Oklahoma? I always pay less for gas there. Last trip one month ago by 20 cents per gallon.

Yes Oklahoma is usually cheaper. Mississippi is the cheapest. Iowa is also pretty cheap. 

[KARNUT]

31 minutes ago, Atlas said:

 

Supply has been disrupted. It will literally take the better part of a year if not longer for gas prices to get back to normal at US pumps.

 

*WHEN the war finally ends. We're not there yet.

I think the prices are dictated by the barrel price. Which is almost at pre war. I realize that could change daily depending on negotiations. I also know they’re not going to go down as fast as they went up. There’s not a shortage here we wouldn’t be selling in record numbers. Of course there’s a delivery problem by design. The way I see it dependent countries should step up to the plate to help with the strait. Probably why we’re slow walking the events there, among other reasons. I have no doubt if the U.S. wanted the Strait fully open there wouldn’t be a problem. Our power can’t be denied.