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07-24-2008, 08:18 AM
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#101
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Full time employment: Posting here.
Join Date: May 2008
Posts: 546
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VERY near me (1/2 mile), so my sphere of influence is probably small. Driving to work today, noticed the $3.96 is down to $3.92, maybe my gas savings will outweigh my USO loss if it comes down to that.
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07-24-2008, 08:19 AM
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#102
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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$4.21 is the lowest I've seen around here. Thats CA for ya.
It was pushing over $4.50 for regular and $5.10 for diesel just a few weeks ago.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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07-25-2008, 07:59 AM
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#103
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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 Quote:
Originally Posted by CitricAcid
VERY near me (1/2 mile), so my sphere of influence is probably small. Driving to work today, noticed the $3.96 is down to $3.92, maybe my gas savings will outweigh my USO loss if it comes down to that.
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Of course it will come down to that. You are no match for my ability to singlehandedly take down a stock by buying it.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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07-25-2008, 11:49 AM
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#104
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Full time employment: Posting here.
Join Date: May 2008
Posts: 546
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Quote:
Originally Posted by ziggy29
Of course it will come down to that. You are no match for my ability to singlehandedly take down a stock by buying it.
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Actually, I am a co-conspirator now.
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07-25-2008, 12:00 PM
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#105
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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Regular is "down" to $4.27 today  . I think Ziggy needs to franchise his sphere.
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07-25-2008, 12:09 PM
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#106
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by Bestwifeever
Regular is "down" to $4.27 today . I think Ziggy needs to franchise his sphere. |
BUY Ziggy, BUY!!!
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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07-25-2008, 12:57 PM
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#107
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Last Sunday, filled up for $3.799 at Costco in east Plano, TX.
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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07-25-2008, 02:04 PM
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#108
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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Is it market timing if I fill my gas tank this weekend? I haven't needed gas since the second week in June, and I still have 1/3 tank left.
Regular was just $3.99 at my favorite Chevron last weekend. It's probably less by now. Hmm...
Sorry!! I'm being insufferable, I know. Just can't help myself. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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07-25-2008, 02:08 PM
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#109
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by Want2retire
Is it market timing if I fill my gas tank this weekend? I haven't needed gas since the second week in June, and I still have 1/3 tank left.
Regular was just $3.99 at my favorite Chevron last weekend. It's probably less by now. Hmm...
Sorry!! I'm being insufferable, I know. Just can't help myself. |
Patience, maybe you'll see $3.70 by the time you're on fumes........ 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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07-25-2008, 03:52 PM
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#110
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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Too late - - this afternoon I noticed it is down to $3.89, so I screeched to a halt and filled it up, dirty market timer that I am!!!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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07-25-2008, 05:17 PM
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#111
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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$4.15 today.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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07-25-2008, 05:31 PM
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#112
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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I think we're up to 3.76 after seeing a high of 3.99 and a low of 3.69.
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07-25-2008, 08:36 PM
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#113
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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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Wow, it's dropping fast now. $3.49 at one place - with a long line to get gas. $3.66 is pretty common price for many other places, but it's still easy to find $3.85.
__________________
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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07-25-2008, 09:09 PM
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#114
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Quote:
Originally Posted by ziggy29
I'm even steering tropical storms and hurricanes down into Mexico, apparently. Missing the platforms in the Gulf means lower oil.
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Just make sure all the big ones go out to sea like last year. Would be good for my catastrophe reinsurers.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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07-25-2008, 10:21 PM
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#115
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Thinks s/he gets paid by the post
Join Date: Jul 2003
Location: Pasadena CA
Posts: 3,346
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Just paid about $7 a gallon (its sold in liters) for diesel fuel in Inuvik, Northwest Territories. No complaints, next gas station is 150 miles and the one after that is a further 230 miles down the road. Ah, supply & demand.
__________________
T.S. Eliot:
Old men ought to be explorers
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07-27-2008, 05:18 PM
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#116
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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$3.95-$3.99 regular in western suburbs of Chicago--25-cent drop overnight. Keep it coming, Ziggy
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07-28-2008, 08:27 AM
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#117
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: Houston
Posts: 1,448
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Quote:
Originally Posted by yakers
Just paid about $7 a gallon (its sold in liters) for diesel fuel in Inuvik, Northwest Territories. No complaints, next gas station is 150 miles and the one after that is a further 230 miles down the road. Ah, supply & demand.
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I think I've seen you on that TV show - Ice Road Truckers. You're the one who's all grizzled, right?
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07-29-2008, 08:39 AM
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#118
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Oil down to less than $122, USO down below 98. I heard rumors they are going to start building a statue of me in our town square...
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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07-29-2008, 08:51 AM
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#119
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Yeah, I filled up at 4.02 a gallon yesterday. From a peak of a little over $4.50 a gallon just a few weeks ago, its falling fast.
I dont think its quite done yet either..
Good news is you can hang onto that USO until next summer when they jack it up to $5.25 a gallon just ahead of backing it down to 4.50, much to the relief of everyone concerned.
In the meanwhile, there'll be a nice opportunity between November and March where you could actually sell a large truck or SUV or buy a little econobox at a reasonable price.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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07-29-2008, 08:52 AM
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#120
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Full time employment: Posting here.
Join Date: May 2008
Posts: 546
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What powerful, persuasive powers ziggy has.
By the way, here's one thing I don't understand, but I feel that the commentators/journalists understand less:
When the price goes up, consumption goes down as alternatives and phasing out of it occurs in many minor changes adding up to an aggregate. In other words, quantity demanded is a product of price. Yet, then inventories go up because of a decrease in demand which causes the price to drop. Then, as prices drop quantity demanded goes up, ad infinitum.
In other words, inventories shouldn't have such an effect on the prices... the prices are what affect the inventories.
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