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What's Up with Gas Prices?
08-14-2006, 06:53 AM
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#1
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Recycles dryer sheets
Join Date: Jan 2005
Posts: 140
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What's Up with Gas Prices?
Regular gas fell from $3.15 on Sunday to $3.02 today... is it officially the end of summer?
Gonzo
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Life is a beach... and then you die.
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Re: What's Up with Gas Prices?
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08-14-2006, 06:59 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,097
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Re: What's Up with Gas Prices?
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, 07:00 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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Re: What's Up with Gas Prices?
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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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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08-14-2006, 08:55 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: 1,837
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Re: What's Up with Gas Prices?
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, 09:31 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Posts: 1,925
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Re: What's Up with Gas Prices?
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).
__________________
"We do not inherit the earth from our ancestors, we borrow it from our children.
(Ancient Indian Proverb)"
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Re: What's Up with Gas Prices?
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08-14-2006, 08:38 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
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Re: What's Up with Gas Prices?
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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I have outlived most of the people I don't like and I am working on the rest.
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Re: What's Up with Gas Prices?
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08-15-2006, 05:39 AM
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#7
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Recycles dryer sheets
Join Date: Jan 2005
Posts: 140
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Re: What's Up with Gas Prices?
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, 06:03 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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Re: What's Up with Gas Prices?
$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, 06:24 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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Re: What's Up with Gas Prices?
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.
__________________
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, 06:41 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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Re: What's Up with Gas Prices?
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, 06:48 AM
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#11
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
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Re: What's Up with Gas Prices?
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, 12:35 PM
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#12
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,830
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Re: What's Up with Gas Prices?
 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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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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Re: What's Up with Gas Prices?
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08-15-2006, 12:45 PM
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#13
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
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Re: What's Up with Gas Prices?
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, 12:49 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,097
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Re: What's Up with Gas Prices?
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, 03:47 PM
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#15
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Thinks s/he gets paid by the post
Join Date: May 2006
Location: Where the stars at night are big and bright
Posts: 2,847
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Re: What's Up with Gas Prices?
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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There is no pleasure in having nothing to do; the fun is having lots to do and not doing it. - Andrew Jackson
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Re: What's Up with Gas Prices?
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08-16-2006, 07:33 AM
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#16
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Recycles dryer sheets
Join Date: Jan 2005
Posts: 140
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Re: What's Up with Gas Prices?
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, 11:01 AM
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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
Location: Chicago
Posts: 12,617
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Re: What's Up with Gas Prices?
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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"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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Re: What's Up with Gas Prices?
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08-17-2006, 05:50 PM
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#18
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Full time employment: Posting here.
Join Date: May 2004
Location: Worldwide
Posts: 913
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Re: What's Up with Gas Prices?
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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In 1991 Billy and Akaisha Kaderli retired at the age of 38. They have lived over 2 decades of this financially independent lifestyle, traveling the globe.
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Re: What's Up with Gas Prices?
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08-17-2006, 05:59 PM
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#19
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Moderator
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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Re: What's Up with Gas Prices?
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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Re: What's Up with Gas Prices?
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08-17-2006, 07:15 PM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
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Re: What's Up with Gas Prices?
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.
__________________
I have outlived most of the people I don't like and I am working on the rest.
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