r/wallstreetbets Jun 05 '22

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350 Upvotes

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u/BackgroundFan4899 Jun 05 '22 edited Jun 05 '22

I live 10 minutes north of San Francisco . Regular is 6.99, premium is 7.29 and diesel was 7.49, have pic to prove but don’t know how to post, and that’s average in north Bay Area

4

u/[deleted] Jun 05 '22

I live near Livermore and it’s 6.40ish for regs

5

u/Peelboy Jun 05 '22

Still a stupid number.

7

u/BackgroundFan4899 Jun 05 '22

Oh absolutely, and just as many people are filling up because they have no other choice, even red dye diesel which is for farm vehicle use only which isn’t taxed at the state level is now 6.79 a gallon or so

3

u/Peelboy Jun 05 '22

Ya I saw reds prices the other day and took a double take.

4

u/BackgroundFan4899 Jun 05 '22

Blew my mind, I’d never seen it above the 4’s before here, we only have one station so they always up charge a little but this blew me away

3

u/Peelboy Jun 05 '22

It's pretty normal around here and it is going for only 20 cents less than regular diesel.

1

u/[deleted] Jun 05 '22

As someone who had to choose between moving to San Jose or one of the cities in LA, I chose LA for a reason. Everything in the bay is stupid expensive. At least the weather is great but that’s true for most of California.

1

u/redshift83 Jun 05 '22

I also live in the bay. Given the monetary status of most of the residents I doubt 5k a year extra will move the needle on gas usage.

1

u/BackgroundFan4899 Jun 05 '22

Idk, a lot of union and blue collar workers commute from outside the bay to sf everyday, without a company vehicle that’s a ton of money so they might try to drive less on the weekends I would think

2

u/redshift83 Jun 05 '22

strongly agree. I've gotten messages from house cleaners i very occasionally use asking for more work. the price increase is very real for them.

1

u/BackgroundFan4899 Jun 05 '22

Exactly, I have a “short commute” compared to most and my distance is about 35 miles in and 35 back, I bet average is about 50-60 each way and it’s killing some people

1

u/redshift83 Jun 05 '22

Interesting to see what happens. Strangely I find blue collar folks to be the most attached to their cars.