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#4512702 - 09/10/17 09:22 PM When do you think fuel prices will come back down?
loneryder Offline


Registered: 04/19/14
Posts: 496
Loc: WV
Are the refineries still offline in Texas? I don't think there are any refineries in Fla.

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#4512724 - 09/10/17 09:55 PM Re: When do you think fuel prices will come back down? [Re: loneryder]
bioburner Offline


Registered: 09/19/16
Posts: 1418
Loc: Minnesota
Most of the refiners were coming back online last weekend but not at full capacity.
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#4512734 - 09/10/17 10:02 PM Re: When do you think fuel prices will come back down? [Re: loneryder]
daves87rs Offline


Registered: 02/23/09
Posts: 17010
Loc: Michigan
Down..nope.

Up maybe....
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#4512765 - 09/10/17 10:55 PM Re: When do you think fuel prices will come back down? [Re: loneryder]
THafeez Offline


Registered: 08/15/16
Posts: 651
Loc: New Jersey
They'll keep them up for a while they're doing "checks" on their systems. More money in their pockets less in ours. Unless you drive a tesla
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#4512791 - 09/10/17 11:40 PM Re: When do you think fuel prices will come back down? [Re: loneryder]
copcarguy Offline


Registered: 12/06/12
Posts: 348
Loc: PA
.40 to .50 cent increase in a week, I'll bet they drop it a nickel a month.

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#4512806 - 09/11/17 12:15 AM Re: When do you think fuel prices will come back down? [Re: THafeez]
Wolf359 Offline


Registered: 04/27/12
Posts: 4871
Loc: MA
Originally Posted By: THafeez
They'll keep them up for a while they're doing "checks" on their systems. More money in their pockets less in ours. Unless you drive a tesla


That might be a rather simplistic view of the matter. It's really only 12 refineries that are in the process of starting up. The other ones in the US are at max production instead of cutting back to do maintenance so they can cash in on the margins. But that's expected to be short lived. Maybe just a week or two. Refining margins are already on the way down.

http://oilprice.com/Energy/Crude-Oil/Refiners-Boost-Output-But-Irma-Could-Dent-Demand.html

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#4512938 - 09/11/17 07:33 AM Re: When do you think fuel prices will come back down? [Re: loneryder]
ATex7239 Offline


Registered: 01/19/17
Posts: 331
Loc: Texas,USA
The refineries are coming back online, but don't expect prices to level out for awhile.

Oil is a speculative market and highly volatile. A wet [censored] from a third world dictator is enough reason for gas companies to keep prices high.
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#4512940 - 09/11/17 07:33 AM Re: When do you think fuel prices will come back down? [Re: loneryder]
philipp10 Online   content


Registered: 05/09/14
Posts: 1186
Loc: Minnesota
2 weeks

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#4513019 - 09/11/17 09:10 AM Re: When do you think fuel prices will come back down? [Re: loneryder]
bioburner Offline


Registered: 09/19/16
Posts: 1418
Loc: Minnesota
Nymex gas down another 4 cents(1.61) and crude down some more(47.09)
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#4513032 - 09/11/17 09:27 AM Re: When do you think fuel prices will come back down? [Re: loneryder]
Indydriver Offline


Registered: 03/20/11
Posts: 2161
Loc: Indiana
There will be another glut as the TX refiners gear up and FL consumption is slow. Plus, they're making cheaper winter fuel again. Prices will fall back.
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#4513062 - 09/11/17 09:55 AM Re: When do you think fuel prices will come back down? [Re: Indydriver]
bioburner Offline


Registered: 09/19/16
Posts: 1418
Loc: Minnesota
Originally Posted By: Indydriver
There will be another glut as the TX refiners gear up and FL consumption is slow. Plus, they're making cheaper winter fuel again. Prices will fall back.

half a million cars not running in Tx too. News program showed huge lots with forklifts moving the vehicles around
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#4513138 - 09/11/17 11:29 AM Re: When do you think fuel prices will come back down? [Re: loneryder]
Linctex Offline


Registered: 12/31/16
Posts: 6186
Loc: Waco, TX
High gas prices means people stop driving for "non-essential" travel, which weakens demand and raises supply.
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#4513153 - 09/11/17 11:42 AM Re: When do you think fuel prices will come back down? [Re: Indydriver]
ammolab Offline


Registered: 01/16/06
Posts: 1002
Loc: Ruidoso, NM USA
Originally Posted By: Indydriver
There will be another glut as the TX refiners gear up and FL consumption is slow. Plus, they're making cheaper winter fuel again. Prices will fall back.


Florida stations pumped dry for the evacuation and will pump dry this week for the return home. For now Florida consumption is anything but "slow". Average this use over the next month and I bet you will still be average or better for the state.
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#4513194 - 09/11/17 12:22 PM Re: When do you think fuel prices will come back down? [Re: loneryder]
SHOZ Offline


Registered: 06/28/03
Posts: 5801
Loc: Illinois
Only went up about $0.20 a gallon to $2.39 here for E10. Diesel is another story and it's up about $0.50 a gallon, to $2,65 or so.
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#4513293 - 09/11/17 02:02 PM Re: When do you think fuel prices will come back down? [Re: loneryder]
bioburner Offline


Registered: 09/19/16
Posts: 1418
Loc: Minnesota
Price here went down this morning to 2.49, was 2.57 over the weekend
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