What's the latest fake reason? Easter Travelers? Supply issues? Gah. $2.50 for mid grade??

Oy. 

It was $3 in the Galleria Wednesday for Regular. Thank goodness their pumps were not working. Went up the street and nabbed some for $2.59. That's still below the national average. I think we just got used to super cheap gas. 

About 3 hrs ago, mid grade at Kroger was 2.35 and if you have a Kroger card to scan it's less. Oil prices are up! 

I went to Shell and used my Kroger card, paid $2.45 but I stopped before that in Crosby and it was $2.79 so i kept on going, lol. 

Obama's fault 

Start tossing bombs and the price of oil goes up...its all speculation done by guidos in the bronx or somewhere like that. 

Guidos!? LOL 

HIGH PRICED OIL IS GOOD!

. 

Maybe higher prices will help my DD get a job? 

I've always been told be thankful in Houston when you're paying high prices at the pumps! An angel got their wings! 

thanks trump 

thanks trump 

Start tossing bombs and the price of oil goes up...its all speculation done by guidos in the bronx or somewhere like that.

Wow. Supply and demand doesn't have anything to do with it? 

Ride a bike. 

It will be great for the Houston economy if oil prices start coming back. 

Wow. Supply and demand doesn't have anything to do with it??


Production and reserves are at all time highs...but yeah probably something. Wow.



lol 

Spring-Summer. After Labor Day it'll be less than $2. 

Production and reserves are at all time highs...

Production of known reserves is not at all time highs. 

Actually, last year for the first time our proven oil reserves surpassed russia and saudi arabia...so yea. 

Reserves and production from those reserves is two very different things. 

Semantics...fact is we have the supply and demand hasnt increased that much. But then again gas prices arent really going up all that much either. 

No it is not semantics, reserves and production from those reserves are very different. Clearly you don't know how the oil industry works. Supply is managed mostly by the oil producing countries. Demand has increased every year. 

You could be right, everything I'm reading is saying we're at all time highs...who knows. 

Our reserves are at an all time high. But, the cost of recovering those reserves is also high. For example, ND shale oil cost on average about $55 BOE to recover. GOM oil is about $32 BOE. 

Saudi sweet oil is about $9 BOE. 

It was so high for so many years I'm happy it's still under $3.00