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I'm just talking here. It's been a while and I was an accountant/auditor not an operations guy. I did get out into the field plenty. Oxygenates can be in-line blended as early as just after being refined or splash blended as late as when when filling up a 5500 gallon truck at the terminal. I don't think there is a set rule. I don't think there is a set rule for additives either. I know that some terminals can hold fungible gasoline and a carrier can pull up and have, say Marathon additives, blended into the truck that's headed to a Marathon station. Then a BP hired truck can pull in right behind and have their additives blended. As to Jack's question, I'm not sure about additives summer vs winter but it sounds hokey to me but could be totally true? You would think we would have heard about additive costs by now if they could create noticible price changes. |
Thanks for the reply B.K.
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Thanks Bob! |
In normal times, gas prices in the U.P. of MI are much higher than here.
Today, our reg gas is $3.18....gas in Ironwood, MI (U.P.)is $2.38 A complete flip-flop. :confused: It might be because of the number of Indians living up there. |
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That's where the wedding was (big Italian family) in July and it was chilly at night! Groom with his eyes close, my oldest brother left, Mom, and me in the glasses..... http://forums.pelicanparts.com/uploa...1672341058.jpg |
^^^ That's typical weather up there.....and then there are the skeeters and black flies!
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Well ... that didn't last....
My goto Sheetz had 87 @ at 2.64 on Christmas Day when I drove by. It was 2.99 on Jan 1 when I filled up (mid & prem were still lower at 2.98).... Oil has dropped, so let the New Year gouging commence! Reg is now 3.19 and prem is 3.79 ..... the spread is back to normal historical deltas fwiw. Our NC gas taxes did increase a few cents .... now at .40/gal. Cha-ching .... just because they can :(? |
Speedway here is $3.11/reg...$4.11/prem
Our state gas tax is 28.6 cents/gal |
I just posted my goto Sheetz's prices (a low cost station for a long time .... ever since Sheetz came here).... that station is now higher than many others (just like when they led with overnight spickes of .50 and .30 last year), and oil is down.
Because they can :( |
To follow up on my goto Sheetz, which I have been to hundreds of times .. I wonder if new ownership has changed their biz model? Though I've only been inside a couple of times it's always seemed clean & tidy .... and Sheetz actually has decent fast food too.... at least what I have occasionally had from a different rural Sheetz. While pumping gas a few days ago, I noticed trash EVERYWHERE in the parking lot.... so much it got my attention :(. Usually every pump has a car pumping gas too .... not that day tho'.
Mebbe time for a change for me too.... I went there out of habit :(. |
Up to $3.38 at Speedway for reg.
It goes up twice the speed of going down.:confused: |
Today $2.449 for 87 octane.
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Passed by a few stations with 2.99 today nearer my house ... these stations are usually .15-.20 higher than my goto Sheetz... it's up another .10 since yesterday ... reg @ 3.29. Needed to fuel mom's vehicle so I went to a station near her house that has always been the same as my goto Sheetz .... it was also 3.29. Meanwhile oil is down...
They are still colluding and gouging imo ... up .65 since Christmas Day .... because they can. Happy New Year :( |
Stations near me just went to $3.99 for reg.
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Sams had 87 for $2.85 yesterday. Up about 20 cents since Christmas.
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The price jumped here on Thursday.
$2.86 Thursday morning, $3.09 Thursday night. |
The election is past. The President cannot drain the Strategic Reserves anymore. The reserves are at 1983 levels, we are essentially on war footing in Europe, and inflation is still runaway high. Prices are rising as predicted. They will continue to do so unless demand decreases more, inflation subsides, or there are policy changes.
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^^^^ Oil is at $73/bbl .... your political angle doesn't make cents ...
Profits, manipulation, and gouging .... because they can :(. Many traditional higher cost stations (closer to my house), are still at 2.99 or less. The low cost leader stations for years (Sheetz and a few others) have jacked theirs up (again). No patterns which support your claims imo. |
https://oilprice.com/Energy/Energy-General/Largest-US-Refinery-Back-Up-and-Running.amp.html
Jan 6th The largest crude oil refinery in the United States has returned to production, people familiar with the plant’s operations told Reuters on Friday. The nation’s largest crude oil refinery, Motiva Enterprises, shut down on December 23 as a cold snap ripped through much of the country. Motiva, located in Port Arthur, Texas, has a capacity of more than 630,000 bpd, according to the company website. Gasoline prices rose earlier in the week with many U.S. refineries still shuttered due to the freezing temperatures from the week prior, including another refinery in Port Artur: TotalEnergies 238,000 bpd refinery. According to AAA data, gasoline prices had risen 12.4 cents on the week as of Tuesday. Today, according to AAA data, gasoline prices are still 11.1 cents higher than last Friday at an average of $3.290 per gallon. The weekly rise is the first weekly rise in two months, GasBuddy’s Patrick De Haan said in a note earlier this week. U.S. gasoline and distillate stocks dropped in the week ending December 30, according to the most recent EIA data, in large part due to the refinery shutdowns in the United States. Distillate stockpiles fell by 1.4 million barrels—14% below the five-year average—according to the EIA, while total motor gasoline stocks fell by 300,000 barrels, to 6% below the five-year average. https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/122322-usgc-refiners-begin-shutting-down-units-amid-christmas-cold-snap Dec 23 US Gulf Coast refiners on Dec. 23 began shutting units or were running on circulation as below-freezing temperatures continued to sweep over the region, according to refinery sources and analysts. "Refinery outages are being reported due to the cold, but, very importantly, power has generally remained available," said Rick Joswick, head of global oil analytics at S&P Global Commodity Insights. "In 2021, similar cold led to extensive power outages which resulted in abrupt refinery shutdowns – those were deep and slow to recover from. However, if a refinery makes a more controlled shutdown due to say iced-up water lines, recovery is more likely to be easier/rapid." About 3 million b/d of refining capacity is already impacted by closures, according to Joswick, compared to 5.6 million b/d of outages along the USGC and Midwest in the February 2021 polar vortex. https://www.cpr.org/2022/12/29/suncor-has-shut-down-colorados-only-refinery-thats-raising-concerns-about-air-quality-and-higher-gas-prices/ Dec 29 Colorado's only oil and gas refinery is offline and might not resume full operations until March, raising concerns about gas prices and local air quality after a series of recent incidents. In a press release issued yesterday, Suncor Energy announced it closed its Commerce City refinery last Saturday — Christmas Eve — due to "extreme and record-setting weather." The statement did not mention a pair of recent fires, one of which injured two workers on Christmas Eve. It did acknowledge extensive damage at the facility. "The inspection and repair of the damaged equipment [are] ongoing. Based on our current assessment, we anticipate a progressive restart of the facility with a return to full operations expected to be completed by late Q1 2023," the company wrote. |
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