Gas Shortages

[Tanya]

$62 for a barrel of oil right now, thats why gas is cheap.


$2.75 here currently.

 

[mattsplat72]

I paid 1.98 for regular at the ampm which is Arco/BP 89 oct.

 

[Isphius]

ya wtf happened? ive heard its because of the election, but cant verify, and doesnt sound right. Obama and mccain paying the difference?

poodles, grab a few 5 gallon jugs and head to addison, gas station near my apt. drops nearly every morning on my way into work!

Something like this isnt from an election, its the entire world, and the global demand just isnt there. OPEC is doing everything they can to raise the price back up. But, everyone is going broke, losing their jobs, and just not driving i guess. Ive been driving more than ever since a full tank is so close to being 20 bucks again like the good old days! it was like 32$ to fill up my 924, better than 50 or almost60 a few months ago. When i was in highschool 5$ got me back and forth to school all week. And it was more than a quarter tank. 1.50 gas ftw!

 

[suprarx7nut]

$62 for a barrel of oil right now, thats why gas is cheap.


$2.75 here currently.

Lol, yes a lower cost of a barrel of oil will result in a lower gas price.

Now why is the cost of a barrel of oil going down?

Quick search through news articles says demand simply is less. Down ~5% from last year. Basic econ, as I recall says: Lower demand => lower cost.

 

[JASONA70]

^^^ I did notice for the past year or so that we started to have a lot more bicyclist out in the road rather than cars. :sarcasm:

 

[savannahashlee]

Yeah.. its $2.23 here

 

[tlo86]

Yeah.. its $2.23 here

not bad ive seen it as low as 2.33 here now lol better than 3.90

 

[starscream5000]

Filled up the DD yesterday at $33.00 and $2.49/gallon for 87 octane at Shell.

Without fail I get 2-3 more MPG using Shell gas over Murphy USA gas, plus it's cheaper, so I've switched

 

[billwert]

Here in Southeast Misery it's 2.39 down from a 3.99 high. Some places were over 4/gal. Poplar Bluff Missouri rips everyone a new asshole.

 

[Keros]

I hope the oil companies saved their pennies while prices were high.

:biglaugh:

I'm going to assume that the $100,000/yr starting wages paid in Fort MacMurray are eventually going the way of the dinosaurs.

 

[NgoFcukinWay]

$2/gal for regular here in Houston and ~$1.90/gal just southeast of us in Pasadena. w00t for Texas!

 

[ThirstyMKthrice]

Texas is just doing good I guess. Gas here in N Austin is at the $2.20's.

 

[Supracentral]

We're at $2.35 for regular (87), $2.45 for mid-grade (89) and $2.55 for premium (93) here.

 

[03bamaGT]

2.20s here with 15cent increments as you increase grade...finally get to use Premium again!!! I was using plus and regular mix to save some cash.

 

[starscream5000]

It's dropped another .10 cents here, so add on an etra .10 cents per each grade increase and there you go. 93 octane premium in my location.

 

[Who]

$2.59 reg / $2.79 mid / $2.89 premium in Palm Beach FL.

 

[Boost Lee]

$2.11 for 87 here in Indiana as of this morning.

Premium (93) was $2.31. I :love: it!

Jeff

 

[GeneStarWindGSW]

Cheapest gas prices down here in South Florida (Miami) i've seen are

2.39 Regular and 2.68 Premium

 

[mkiiSupraMan18]

$1.82 I feel like I'm robbing the oil companies...

I'm considering writing them a check.

 

[Supracentral]

But but but! They are EVIL!