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Gas prices!! (Read 23136 times)
Mrs Deej
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Gas prices!!
Oct 14th, 2008 at 12:28am
 
So I'm shocked... $2.58/gal. here down the street!!

I'm not sure if I should go buy 1,000 gas tanks or just thank God!!!  lol

WOW!!!  If it could just stay here...there's no reason it can't!!  Americans could save millions!
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Racer1_NC
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Re: Gas prices!!
Reply #1 - Oct 14th, 2008 at 12:44am
 
Lowest I've seen around here is 3.39.

It's not been that long ago that 2 bucks a gallon would have meant heart failure.....now it would be like hitting the lotto.

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Re: Gas prices!!
Reply #2 - Oct 14th, 2008 at 1:00am
 
Wow, that is cheap.  Most places around here are down to 3.19 or 3.29.

Just like Ed Schultz said: On the way up, $2.75 seemed worse than an enema.  Now, $3.19 seems like a heck of a bargain.

I'm a good sheeple.
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George
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Re: Gas prices!!
Reply #3 - Oct 14th, 2008 at 1:32am
 
Still $3.49 around here.  But we're always the last place where the prices go down.  Never seems to be any delay when they go up, though.

Best,

George
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Re: Gas prices!!
Reply #4 - Oct 14th, 2008 at 6:09am
 
Down to $2.85 here in northern Indiana....down from $3.65 in less than 2 weeks.  This is as crazy as the Dow   Roll Eyes  but on the better side.

Jacks Cool
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Re: Gas prices!!
Reply #5 - Oct 14th, 2008 at 6:29am
 
2.85 here yesterday. got a whole tank and was happy to get it.
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Re: Gas prices!!
Reply #6 - Oct 14th, 2008 at 6:30am
 
When you've got electrodes attached to your nads, and the juice has been running at 1,000 volts for awhile, it must feel good to have it turned down to 800.

Lemme tell ya, it would still be better without the electrodes.
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Re: Gas prices!!
Reply #7 - Oct 14th, 2008 at 6:35am
 
Tanked up yesterday at $2.27 (in Oklahoma).  Smiley
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If "that which does not kill me, makes me stronger", then how come I always feel like $hit after every near-death experience?
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Re: Gas prices!!
Reply #8 - Oct 14th, 2008 at 6:59am
 
I paid $2.94 up in Lancaster and yesterday everywhere turned over to $2.99 on the Eastern Shore of Maryland. It is dropping daily.

On a pesimistic note, NPR has been followig gas prices and saying the oil industry is considering cutting back production because this drop will contribute to a recession???? I don't get it cause I thought that's what we were told to do, cut back and the demand would be less causing prices to drop. I am confused!

Charlotte
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Re: Gas prices!!
Reply #9 - Oct 14th, 2008 at 8:10am
 
$2.90 in central WI yesterday.  

Quote:
On a pesimistic note, NPR has been followig gas prices and saying the oil industry is considering cutting back production because this drop will contribute to a recession???? I don't get it cause I thought that's what we were told to do, cut back and the demand would be less causing prices to drop. I am confused!

Charlotte


We're already in a recession Charlotte and due to it, demand is going down, which means their supplies are going up, which means they'd have to cut back on production. (I hope I'm explaining this right).

Here's from the Wall Street Journal: Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to Login or Register
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« Last Edit: Oct 14th, 2008 at 8:11am by Melissa »  

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BMoneeTheMoneeMan
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Re: Gas prices!!
Reply #10 - Oct 14th, 2008 at 9:52am
 
cash5542 wrote on Oct 14th, 2008 at 6:59am:
On a pesimistic note, NPR has been followig gas prices and saying the oil industry is considering cutting back production because this drop will contribute to a recession????
Charlotte


I dont get it either.  On the way up, they were saying expensive oil will send us into recession. 
Who, aside from about a dozen companies, would suffer as a result of cheaper gas? 
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Re: Gas prices!!
Reply #11 - Oct 14th, 2008 at 9:59am
 
5 years ago I filled my tank when I arrived in Omaha at $1.53 a gallon.

Last night in Asheville the price was $3.39 a gallon - but the boys that gave me my new ride filled me up for free  Cheesy

The week of Ike when gas was hard to even FIND here, it was at 4.99 a gallon - at the only station in our little town that even HAD gas.
(I smell some charges and/or fines coming on that one....)

Cat
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Melissa
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Re: Gas prices!!
Reply #12 - Oct 14th, 2008 at 10:10am
 
Ok, the question just zoomed over my head.  That's what I get for trying to answer something before I've had my coffee. Roll Eyes

I have no clue as to what in God's name would "hurt" the oil companies due to a reduction in price of gas.  Acutally, that's a mind game that hurts, so I'm gonna not speculate and just stay away from it. Grin
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George
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Re: Gas prices!!
Reply #13 - Oct 14th, 2008 at 10:33am
 
BMoneeTheMoneeMan wrote on Oct 14th, 2008 at 9:52am:
I dont get it either.  On the way up, they were saying expensive oil will send us into recession.  
Who, aside from about a dozen companies, would suffer as a result of cheaper gas?  


I guess it depends upon whose dozen companies you're talking about. 

It's not just the price of crude.  The supply and the prices are manipulated by reducing the amount of oil that goes through the refineries as well.  The oil companies have done that for years.  After all--why sell two gallons at $1.25 when you can sell one gallon at $3.00? 

If the price of crude oil goes down too fast, watch for the idling of refineries here in the near future, resulting in a "shortage" that will keep prices high.  Not that there's any collusion going on, you understand.  Oh, heck no. 

Gotta keep those prices up so the oil companies can maintain the lifestyles to which they've become accustomed...   Roll Eyes

Somebody needs to figure out how to make fuel out of mud and dandelions.  Nothing but some actual competition is going to change this little dance.

Best,

George
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Re: Gas prices!!
Reply #14 - Oct 14th, 2008 at 10:38am
 
Well George, personally, I don't find that much difference between dandelion wine and petrol. Tongue
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Re: Gas prices!!
Reply #15 - Oct 14th, 2008 at 10:45am
 
Melissa wrote on Oct 14th, 2008 at 10:38am:
Well George, personally, I don't find that much difference between dandelion wine and petrol. Tongue

Grin Grin

You're probably the only other person I know who's actually tasted the stuff.  When I was a kid, a few folks I knew in the midwest used to make and bottle it.  Sounds all Ray Bradbury-ish and exotic, but the actual flavor put me in mind of a tomcat that had been fried overnight on an electric chair.

Best,

George
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Re: Gas prices!!
Reply #16 - Oct 14th, 2008 at 10:47am
 
George wrote on Oct 14th, 2008 at 10:45am:
the actual flavor put me in mind of a tomcat that had been fried overnight on an electric chair.

ROTFL! Grin
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Re: Gas prices!!
Reply #17 - Oct 14th, 2008 at 11:57am
 
Gas here in Holland, MI yesterday was $2.98 per gallon.  It has been dropping every day, so it may be lower today.

Hugs,

Jen
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Re: Gas prices!!
Reply #18 - Oct 14th, 2008 at 5:40pm
 
if you go to gasbuddy.com you can see who is paying what around the country.  If you go down to lowest level you can see your local gas stations (by zip code or map) marked with their prices posted so you can tell where to go to get the cheapest gas near you.  Hope this makes someones day.
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Re: Gas prices!!
Reply #19 - Oct 14th, 2008 at 8:21pm
 
$2.49
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Re: Gas prices!!
Reply #20 - Oct 14th, 2008 at 8:32pm
 
flipperlips wrote on Oct 14th, 2008 at 11:57am:
Gas here in Holland,


Holland?

Do you have those really cool wood shoes?......LMAO!  Grin

$2.95 here
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Re: Gas prices!!
Reply #21 - Oct 14th, 2008 at 8:33pm
 
I put $20 in at 2.99 a gallon today.

I still remember being able to fill a tank for less than 10 bucks.

$20 today took me from just over 1/4 tank to 3/4 tank. 

Times they are a changin'.
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Re: Gas prices!!
Reply #22 - Oct 14th, 2008 at 10:49pm
 
No one expected demand to fall so much. I doubt that there will be a run on more SUVs though.

Saw the movie "Serial" some time ago. In 1980 people were upset that gas was over $1 a gallon.

Charlie
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Re: Gas prices!!
Reply #23 - Oct 14th, 2008 at 11:38pm
 
87 octane (yesterday) $3.39.....It has come down .20 since my last fill up this past friday.....I was in kentucky a few months ago and noticed that gas was appr. .80 cheaper than us (not fair).....
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Re: Gas prices!!
Reply #24 - Oct 14th, 2008 at 11:46pm
 
I'm paying $3.79 for diesel now and that's a damn bargain.  Last week, the lowest I could get was $4.09.  There's a web site I check for lowest prices, but it's always more expensive to drive to the cheaper station (distance/mpg*$/gal), but since I drive the Ford Planet Killer Edition Excursion with a 44 gallon tank, I have nearly 800 miles to travel before I have to pick a station.  Still, filling up hurts, paid $140 yesterday.
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