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What's Up with Gas Prices?
08-14-2006, 07:53 AM
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#1
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Recycles dryer sheets
Join Date: Jan 2005
Posts: 130
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Regular gas fell from $3.15 on Sunday to $3.02 today... is it officially the end of summer?
Gonzo
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Re: What's Up with Gas Prices?
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08-14-2006, 07:59 AM
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#2
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Full time employment: Posting here.
Join Date: Aug 2005
Posts: 841
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I think oil prices just dropped pretty drastically, because of the truce in the Middle East. Also, I think I heard that BP isn't shutting down as much of their damaged oil field as originally anticipated.
I'm sure it also has something to do with the phase of the moon, alignment of the planets, and who's predicted to win the next Superbowl. : 
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Re: What's Up with Gas Prices?
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08-14-2006, 08:00 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Sep 2005
Posts: 1,677
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I thought it was strange that with everything going on prices didn't go up again. I fully expected to see it rise once the pipeline news hit but nothing, no change either way, it's still $2.95 in town and close to the interstate it's between $3.02 and $3.05.
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Re: What's Up with Gas Prices?
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08-14-2006, 09:55 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: No. California
Posts: 1,086
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Sam's club dropped their price to 2.99....lowest it's been in months.
I was expecting it to be about 3.10.
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Re: What's Up with Gas Prices?
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08-14-2006, 10:31 AM
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#5
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Full time employment: Posting here.
Join Date: Jun 2006
Posts: 961
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Don't forget the demand half of the equation. I suspect enough people are actually being careful about their travel that demand is going down (a little).
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(Ancient Indian Proverb)"
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Re: What's Up with Gas Prices?
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08-14-2006, 09:38 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Posts: 2,375
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There are a lot of Suburbans and the like sitting by the side of the road 'For Sale' in rural Whatcom County these days.
Speaking only for myself, I hope oil and gasoline stay high for another few years. My present work depends on it. (Until I retire, that is. Then, maybe, move to Venezuela where Chavez sells gas for 25 cents/gal.  )
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"Ain't got no money for no old-age pension;
I'm so broke, I can't pay attention!"
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Re: What's Up with Gas Prices?
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08-15-2006, 06:39 AM
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#7
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Recycles dryer sheets
Join Date: Jan 2005
Posts: 130
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Gas prices down again today... Sunday 3.15... Monday 3.02... Tuesday 2.97... it's header in the right direction!
Gonzo
__________________
Life is a beach... and then you die.
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Re: What's Up with Gas Prices?
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08-15-2006, 07:03 AM
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#8
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Full time employment: Posting here.
Join Date: Aug 2006
Location: Columbus
Posts: 769
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$2.759 on the way to work this morning. My luck, I bought gas last week for $2879. 
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100% retired and working hard at it.
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Re: What's Up with Gas Prices?
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08-15-2006, 07:24 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Sep 2005
Posts: 1,677
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The two stations I quoted yesterday morning went down 5 cents each by the time I drove home. I need to check the place in town tonight on the way home.
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Dogs aren't our whole lives, but they make our lives whole. - Roger Caras
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Re: What's Up with Gas Prices?
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08-15-2006, 07:41 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,505
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I wish it'd go up to about $5/gallon so i can laugh at everyone with their SUVs, Hummers, and suburbans.* * *Its sad it takes high gas prices for people to reconsider squandering nonrenewable resources that contribute to the greenhouse effect.* Also, I think there's just often too many people on the road probably not going anywhere that matters much when they need to learn to combine trips.
I love my 07 Honda Fit btw.* *What an awesome car "fit" for an ER minded person!* (My wife drives a VW Jetta diesel which gets 33/44)
Azanon
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Re: What's Up with Gas Prices?
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08-15-2006, 07:48 AM
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#11
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 4,958
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I'm very excited by the news of the next Prius. They are working on one that plugs into your home electricity and can drive some distance without ever turning the engine on. Average MPG to ballpark 100+! I'm hoping my current cars hold on until that model (3-4 years) comes out.
With DW staying home, we put less than 1000 miles on her car in the last 4 months, my commute is 12 miles, so gas prices have been a spectator sport for us. 
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Re: What's Up with Gas Prices?
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08-15-2006, 01:35 PM
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#12
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Moderator Emeritus
Join Date: Feb 2004
Location: Oahu
Posts: 17,518
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 Quote:
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Originally Posted by Laurence
I'm very excited by the news of the next Prius.* They are working on one that plugs into your home electricity and can drive some distance without ever turning the engine on.* Average MPG to ballpark 100+!* I'm hoping my current cars hold on until that model (3-4 years) comes out.
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Dude, there's a guy practically in your ZIP code who's already done that.* Hackers have been boosting their batteries and tweaking the engine-control software... sounds like fun!
http://economist.com/displaystory.cfm?story_id=7001862
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Re: What's Up with Gas Prices?
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08-15-2006, 01:45 PM
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#13
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 4,958
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Yeah, I knew about that, but I'd like a warranty with my bleeding edge technology, please! :P
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Re: What's Up with Gas Prices?
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08-15-2006, 01:49 PM
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#14
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Full time employment: Posting here.
Join Date: Aug 2005
Posts: 841
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I kinda want one of them Hemi-powered hybrids. The one that burns rubber AND gas! :P
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Re: What's Up with Gas Prices?
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08-15-2006, 04:47 PM
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#15
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Thinks s/he gets paid by the post
Join Date: May 2006
Posts: 1,720
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Quote:
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Originally Posted by Andre1969
I think oil prices just dropped pretty drastically, because of the truce in the Middle East. Also, I think I heard that BP isn't shutting down as much of their damaged oil field as originally anticipated.
I'm sure it also has something to do with the phase of the moon, alignment of the planets, and who's predicted to win the next Superbowl. : |
Prices in large metropolitan areas (where EPA mandates 10% ethanol content) dropped because the ethanol supplies have risen and the price dropped. It made a little difference in those areas.
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"If everything is under control, you are going too slow." - Mario Andretti
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Re: What's Up with Gas Prices?
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08-16-2006, 08:33 AM
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#16
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Recycles dryer sheets
Join Date: Jan 2005
Posts: 130
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Gas prices down again today... 2.95
Gonzo
__________________
Life is a beach... and then you die.
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Re: What's Up with Gas Prices?
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08-16-2006, 12:01 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2005
Posts: 5,279
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Quote:
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Originally Posted by Gonzo
Gas prices down again today... 2.95
Gonzo
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Wow! Makes me just want to go out for a little drive!
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DW paddling the Kankakee River........
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Re: What's Up with Gas Prices?
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08-17-2006, 06:50 PM
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#18
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Full time employment: Posting here.
Join Date: May 2004
Posts: 852
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One year ago exactly gas in this area was 2.76 per gallon. It is now 2.835.
For a little while it went up to 2.99 or 3.01... but now, it's only 7+cents higher than when we left for Asia (!)
All the hoopla and stuff aside, that's not too bad for a year's difference, eh?
Akaisha
Author, The Adventurer's Guide to Early Retirement
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Re: What's Up with Gas Prices?
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08-17-2006, 06:59 PM
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#19
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Thinks s/he gets paid by the post
Join Date: May 2004
Posts: 4,204
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What, gas prices going down? By the the so-called "law" of supply and demand? Without any congressional action to reign in the monster big oiligopomonarchy trusts? Impossible!
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"Freedom begins when you tell Mrs. Grundy to go fly a kite." - R. Heinlein
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Re: What's Up with Gas Prices?
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08-17-2006, 08:15 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Posts: 2,375
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PRICE CONTROLS! GOTTA HAVE PRICE CONTROLS!
Like milk subsidies. Then, one day, we'll have 'whole herd buy-outs' and I can retire at last.
__________________
"Ain't got no money for no old-age pension;
I'm so broke, I can't pay attention!"
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