Gas Prices SF Bay Area December 2008

By Wednesday September 8, 2010





33 Comments
  1. whamalamadingdong says:
    9/8/2010 at 12:32 pm

    Damn, if the sign is true it’s about $.75 cheaper than SoCal.

    Reply
  2. SimonSezz says:
    9/8/2010 at 12:55 pm

    I have a receipt from 2002 when I filled up my 1994 Mustang GT 5.0 and the gas price was $1.34 a gallon.

    After just a couple years of Bush being president I remember it was just below $4 for a while.

    Reply
  3. SparkyOne says:
    9/8/2010 at 12:58 pm

    Yea, and I pumped Ethel for ¢.39 my senior year in high school. Point John?

    Reply
  4. Mr Ed says:
    9/8/2010 at 12:59 pm

    Well, gas prices are a mystery we’re never meant to solve and a price from 20 months ago isn’t very relevant today.
    I can’t speak for others but the price of gas is irrelevant to me – I don’t even look at it. A friend of mine will drive 20 miles out of his way to save 3 cents per gallon – and he doesn’t see why I roll my eyes at this.
    For the short term we want the oil companies to make enough profit to keep the nation moving and sometimes this means that one quarter the profits are obscene and another they are thin. Eventually we want to move away from the liquid fuel fed IC engine transport model but I don’t see that really happening for at least 10-20 years.

    Reply
  5. msbpodcast says:
    9/8/2010 at 1:14 pm

    Stop me if you’ve hear this one.

    We were all sitting ’round the house, feeling Mary, when Mary got mad and left, so we all jumped for Joy, and Joy got mad and left, so we all went to the gas station and pumped Ethel.[rimshot]

    Thank you, thank you. I’ll be here all week, folks; before going onto my next gig in Gay Minneapolis, the city of … uh, no … that’s Philadelphia.

    God, it sucks to be old.

    I remember stopping for gas and telling the pump jockey to “Fill her up” to sort of impress my date by I was holding up one finger so the guy would put in a dollar’s worth.

    A buck’s worth of gas nowadays would scarcely get me out of the garage.

    Reply
  6. boulezz says:
    9/8/2010 at 1:33 pm

    Wow, wish that was near where I live.

    Reply
  7. Derek says:
    9/8/2010 at 1:49 pm

    I love how people attribute the $4 per gallon gas prices to Bush, and not to speculators using the democrat created sub-prime loans to game the oil markets to astronomical levels.

    This is just as stupid as attributing the gulf oil spill to Obama.

    Reply
  8. ECA says:
    9/8/2010 at 2:16 pm

    lets ask a question..

    Before 1970′s and gas was < $0.40 per gallon..and OIL was $30 per barrel??

    NOW fuel is $100 per barrel(about 3 times) and is $3.00(7-10 times the price)…

    Fuel tax, did go up, but NOT even 1/2 as much as other nations..max State fed tax is $0.70..

    for the changes over the past…$1.20 +$0.70 per gallon is STILL UNDER $2.

    What changed?
    The corp OWNS all phases of the company..from shipping distribution to sales..
    The profit margin is GROSSED OUT..
    They dont USE the oil any more.
    They bring it to the DOCK and sell it to the highest bidder, including themselves. This forces the stock prices up.
    STOCK prices are on the PRICE of FUEL, not CRUDE.
    The profit NOW is above the first est$1.25..which makes a Profit per gallon, about $1.75 and EACH state sells over 1 million gallons per day..including TRUCKING/delivery..
    48(continental states) x 1mill x$1.75(profit) x 365(days), and Im only hitting 1/2 of their profits per year for the last 10+ years.

    Reply
  9. dusanmal says:
    9/8/2010 at 2:38 pm

    @#3 0.39 $/gal long time ago to 1.75$ two years ago vs. 1.75$/gal just two years ago to 3+ $/gal now. Extreme energy price increase over short time, during Pres. Obama rule and just as President Obama have promised (documented videos of his speeches that under his rule energy prices must jump severely). Proof that high energy policies indeed yield high energy costs. Followed by high business costs that result in shrinking business and high unemployment. Change…

    @#8 Your observation have nice graphical representation (I lost the link but a little Googling and one can find similar graph). Seek graph of crude Oil prices and gasoline prices over several decades back. Identical pattern repeats at each peak oil condition (with a single exception of early 1980s):

    As crude oil prices rise, gasoline prices rise proportionally, following closely behind. As crude oil prices drop, gasoline price drops down proportionally for a short interval. Than it remains stable/flat as crude prices continue falling. As soon as crude price reverses and goes up, gasoline follows with small delay. Total effect: each peak oil price “pumps” gasoline price vs. crude oil price ratio in favor of gasoline. With only one exception in 0+ years.

    Reply
  10. Dallas says:
    9/8/2010 at 3:16 pm

    Bush and his Arab friends have successfully convinced the American Sheeple that $2.50 gas is now a pretty darn good deal.

    Reply
  11. fargonaz says:
    9/8/2010 at 3:41 pm

    #10 And when you were born, the Doc slapped you on the ass and said,”gas will always be cheap and plentiful.”

    Right?

    I think I saw it in the Constitution also, American’s right to cheap gas.

    Reply
  12. Dennis says:
    9/8/2010 at 4:19 pm

    So why is it 2.85 in Oregon?

    Reply
  13. Dallas says:
    9/8/2010 at 4:21 pm

    #11 Actually you miss the point (as usual).

    If it were up to me, gas should cost $15 per gallon !

    It probably does cost at least $10 when you take away the tax payer subsidies of using the military to protect the oil fields.

    Reply
  14. Gary, the dangerous infidel says:
    9/8/2010 at 4:48 pm

    I heard that BP will give you the oil for free*, if you just go to the right beach, although you’ll have to refine it yourself.

    *Limited offer. BP reserves the right to revoke free beach oil at any time without prior notice and begin charging in accordance with its normal pricing structure.

    Reply
  15. ECA says:
    9/8/2010 at 4:51 pm

    13,
    In EVERY other nation the TAX on fuel is based on a % cost/price, rather then a FEE per state and fed.

    In the USA max tax, is $0.70

    In CANADA the tax is EQUAL to the price of gas.
    Fuel cost at $2.50 is TAXED $2.50..PER GALLON/estimate.. ANd thats been going on ALONG TIME..

    Reply
  16. Alfred Persson says:
    9/8/2010 at 4:56 pm

    Oil was going down in price until Obama’s presidency became a certainty…they knew he would be bad for supply.

    Recall the first thing he did, along with promising to shut down Gitmo, was stop drilling in everywhere in the US that he could.

    Gas would be $1.00 a gallon today, if not for Obama.

    Thank you President Hoover Imam Obama, the 57 States salute you.

    Reply
  17. ReadyKilowatt says:
    9/8/2010 at 5:38 pm

    I remember when Hershey raised the price of a bar to $.35, too.

    I don’t remember, but dad said he paid $24,000 for our house, and he made a 50% down payment.

    But then again, I remember paying $600 for a Grid laptop with CGA graphics (monochrome screen) and a 20MB hard drive. 2 years ago I picked up an open box Acer with a Core2 Duo processor, Intel graphics (and a 17′ full color display) and a 160GB hard drive… for 300 bucks.

    3 years ago I bought a Nokia N95 for about $500, IIRC. It has a 200MHz processor, 320X240 display, 5MP camera. Back in July I upgraded to a Samsung Galaxy-S, with a 1GHz processor, 16GB built-in flash memory, 4″ OLED screen, touch interface (Android, etc). Functionally similar, but vastly superior. Cost? About $500 no contract. Imagine how much cheaper it could be if there were no inflation over the past 3 years?

    The problem is, the people running the show think that inflation is necessary for growth, even though every growth industry in the past 30 years has depended on driving costs at all levels down. There’s no real reason for inflation, except that it makes borrowing slightly easier to take knowing that if you have a fixed interest rate it *might* be easier to pay back in the future, since you’ll be able to raise prices due to inflation. Listen to all the Geithners, Bernankes, Greenspans (sadly) and Paulsons of the world and they bemoan the lack of inflation like it is the worst thing ever. They will do anything they can to inflate under the wrong assumption that deflation means a shrinking economy. A stable currency, with natural growth due to production and the cost of borrowing based on market forces will tend to drive pricing down as efficiency is increased.

    Why should labor I did last year be worth more than labor I do this year, even though it is the same work?

    Reply
  18. Gary, the dangerous infidel says:
    9/8/2010 at 6:28 pm

    #16 Alfred wrote “Oil was going down in price until Obama’s presidency became a certainty… they knew he would be bad for supply.”

    You’re so completely blinded by your hatred for Obama that you can’t even seem to read a simple price chart for oil. There was no certainty about Obama’s election before early July 2008 (when oil was peaking at over $145/bbl) and those high oil prices, along with the quickly souring economy, helped his campaign significantly. From July on, as Obama’s election began looking increasingly likely, the price of oil dropped fairly steadily even until well after his election.

    You need to devise a new narrative that isn’t so sharply contradicted by easily researched facts.

    http://nyse.tv/crude-oil-price-history.htm

    Reply
  19. Derek says:
    9/8/2010 at 7:12 pm

    Yes, because markets change instantaneously. If Obama farts, the next day oil prices change to reflect it!

    Reply
  20. dewtheone says:
    9/8/2010 at 8:44 pm

    I still want to know where that 9/10 of a cent comes from. Why is it on gasoline, and why haven’t they tacked it on to everything else as well? It’s the only thing worse than all prices ending in .99 just to make the dollar amount appear smaller.

    Reply

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