There goes the economy......BOOOM
 

Soon ........

http://money.cnn.com/2007/04/26/news...ion=2007042605

Prices are pretty much where they were 12 months ago, except on the west coast and rocky mountain region. Overall prices are pretty average for this time of year. We'll just have to wait and see if we set any records later on.

$2.87 per gallon for regular here in the Southeast - just about at record levels and far from average.

See for your self. As of Monday the price of gas in your region was down 9.9 cents from a year ago. Obviously local prices vary but then that's one reason I used the word average.

yeah, but a year ago was an extreme (a record high, i think), not the norm.

in fact, ask the Norm - he lives in NC, too. hi Norm :W:

.

This is a bit off topic but I thought it might be of interest to some people. The DOE Energy Information Administration has a web page here containing historical data of the national gas price average going back to 2000. The information is broken down by month and lists the four factors that determine the price of a gallon of gas (explanation here). After cooking the numbers a little I came up with these graphs showing how these four factors have changed over time. Obviously the price of crude oil is the largest factor in the price of gas, but it may come as some surprise that it isn't the most volatile factor.

Attachment 12761

Attachment 12762

Considering the factoid in pisser's story, that right now the refineries are only operating at 87.8% capacity, it appears that the major driver of gas prices in the short term isn't crude oil prices but the rate at which gasoline is distilled from it. Since gasoline can't be stored for long periods, we should be building more refineries to stabilize the price of gas and keep prices low while demand is high. That and we need all our refineries to run at capacity as much as possible.

I thought the Dow-Jones was at a record high at the moment?

Sure is.


You think that'd stop pisser from bawling?

There goes albed...BOOOOOOOM!

Yea!

See....another report
 

Growth is growth, pisser. Wait until growth stops, then go nuts.

OWWW!