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NickB79

(20,411 posts)

5. At this point US gasoline prices aren't as tied to oil as you'd think

Reply to gab13by13 (Reply #4)

Sun May 24, 2026, 10:45 PM

6 hrs ago

Based solely on oil prices, $100/barrel should translate into $3.50/gal, not $4.50/gal.

A big reason for the gasoline and diesel runup is that 100+ tankers have diverted to the US to fill up on already-refined products instead of raw crude. We're selling our fuel reserves at a time when we're typically building stockpiles for the summer driving season.

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See! There will be no deal made! [View all] imanamerican63 8 hrs ago OP

Iran won... lame54 8 hrs ago #1

Expect gas prices to jump again this week. yourout 7 hrs ago #2

And the DJIA on Monday is going to be "interesting"... regnaD kciN 7 hrs ago #3

"We'll see what happens" is his usual Ilsa 5 hrs ago #6

Crude oil dropped 5 dollars gab13by13 7 hrs ago #4

At this point US gasoline prices aren't as tied to oil as you'd think NickB79 6 hrs ago #5

Iran will get their way Figarosmom 5 hrs ago #7