invaderzim
Super Member
Same here, some stations are closing in on $7. I don't know who pays that when just around the corner is $6 (also top tier) but many are.
Prices.... Going Up!!!
- Thread starter musichal
- Start date
Same here, some stations are closing in on $7. I don't know who pays that when just around the corner is $6 (also top tier) but many are.
$4.69 for a dozen eggs today, gas at $4.99 
For some reason, this is running through my head:
I guess it's because I feel like running around with a feather in my cap?
I guess it's because I feel like running around with a feather in my cap?
grillebilly
Empty Head
Gas prices jumped twenty cents overnight in the DC area.
Last edited:
Mystic
We're all born mad
WTI crude futures soared more than 4.5% to nearly 5-week highs above $92.5 per barrel on Friday, and were set to gain more than 15% this week, the most since early March as OPEC+ agreed to cut production by 2 million barrels per day or about 2% of global supply from November, in a move that threatens to squeeze supply further ahead of the winter season. That would be the biggest output cut since the start of the pandemic.
Saudi Arabia’s oil minister said the actual cut will likely be around 1 to 1.1 million barrels as some members are already pumping below targets. US President Joe Biden showed dismay over OPEC+’s decision on Thursday and said the US was looking for ways to keep prices from rising.
Also: Russia warned again this week that it won’t sell oil to countries that support the US-led plan to impose a price cap on Russian oil.
The Calvary is coming to the rescue in Nov !
YY1
Addicted Member
Housing around here is starting to be a mixed bag.
I'm always at least aware of the market, as we'd love to have at least one more rental property.
In the area we're watching, 1200 sf single family block- prices have both increased and decreased in the last 30 days.
It also seems like sellers are remodeling rather than reducing prices given the choice.
That same 1200 sf single family is also renting for $1850.
We have long tern tenants in place at one property that will be moving out in December.
Their rent has gone up the maximum we felt comfortable with in the lease of 5% per year over their 10 year tenure.
They are currently paying $1250.
Looking forward to giving ourselves that raise.
...although who knows how long until the bust portion of the cycle.
I'm always at least aware of the market, as we'd love to have at least one more rental property.
In the area we're watching, 1200 sf single family block- prices have both increased and decreased in the last 30 days.
It also seems like sellers are remodeling rather than reducing prices given the choice.
That same 1200 sf single family is also renting for $1850.
We have long tern tenants in place at one property that will be moving out in December.
Their rent has gone up the maximum we felt comfortable with in the lease of 5% per year over their 10 year tenure.
They are currently paying $1250.
Looking forward to giving ourselves that raise.
...although who knows how long until the bust portion of the cycle.
People cry at the pump when gasoline is $5 a gallon and then go inside and blithely pay a dollar (or more) for a pint of water. Go figure.
Don't forget their pumpkin spice latte.
grillebilly
Empty Head
I am going to stop eating because someone else is fat.
45rpmspinner
Super Member
Iirc, the price of oil is only responsible for half the price of gasoline.
A number of refineries have had to be shut down recently for scheduled and unscheduled repairs.
The West Coast has been particularly afflicted.
A BP refinery in Ohio caught fire in which two people died.
BP also has problems with their much larger refinery in Indiana after yet another fire.
Together, those two handle more than 500,000 barrels a day.
I doubt the situation in Florida is helping either.
Locally, it's not that hard to find gas at around $3.00 a gallon.
10 cents less if you wanna hunt around.
A number of refineries have had to be shut down recently for scheduled and unscheduled repairs.
The West Coast has been particularly afflicted.
A BP refinery in Ohio caught fire in which two people died.
BP also has problems with their much larger refinery in Indiana after yet another fire.
Together, those two handle more than 500,000 barrels a day.
I doubt the situation in Florida is helping either.
Locally, it's not that hard to find gas at around $3.00 a gallon.
10 cents less if you wanna hunt around.
kjello
Super Member
Norway reporting 9.50/gallon yesterday ...
Ouch!
stereofanboy
Addicted Member
That rescue was a couple thousand years ago!
