Oil Prices return to pre-Katrina levels...

Discussion in 'Current Events' started by insein, Sep 5, 2005.

  1. insein
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    insein Senior Member

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    So how long do you think the prices at the pump will take to get back down there as well? Lets just say im not holding my breath.

    http://news.ft.com/cms/s/3bda8212-1df7-11da-a470-00000e2511c8.html

    I guarantee that we will not see a 2 in front of any price at the pump for the rest of this year.
     
  2. Annie
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    Annie Diamond Member

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    Last week we hit a high post of $3.58 for reg unleaded.

    Today I saw: $2.98 for same. They are falling.
     
  3. insein
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    insein Senior Member

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    My area they hit a high of 3.35 for regular. They are at 3.14-3.35 in my total area still (about 20 square miles).

    I hope they come down but im afraid that gas companies are looking at those profit margins and finding it too tempting to drop it back below 3.
     
  4. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I've seen them as high as 3.80 and as low as 2.99.

    Of course, we have to remember that more crude on the market isn't going to help any. The problem is with the lack of refined oil. The Europeans have shipped more refined oil over here but the problem is it wont be here for atleast another week or so. So im guessing the high prices will be staying till atleast then.
     
  5. fuzzykitten99
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    fuzzykitten99 Senior Member

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    a few of the smaller station owners here were in the paper saying they won't raise their prices above 2.95, and they will eat any increases in prices. even the owners (who pay what everyone else pays) think this is ridiculous.
     
  6. Annie
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    Annie Diamond Member

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    We're down to $2.99.
     
  7. insein
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    insein Senior Member

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    Still 3.14 for the lowest here.
     
  8. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Nah, the lowest around here is 2.99. 3.14 is more the lowest that is practical to get to.

    http://www.phillygasprices.com/
     
  9. insein
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    insein Senior Member

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    I mjust saying from where ive driven, 3.14 is the lowest. Ive driven from Levittown, to Newtown (which is way overpriced at like 3.60), to Douglasville, Berks county and back to where i live in Bristol. The lowest ive seen is the 2 Shell stations on New Falls Rd in Fallsington and Bristol for 3.14. Everyone else is consistently 3.35.

    Where do you live BTW, Avatar? What part of the city or burbs?
     
  10. Abbey Normal
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    Abbey Normal Senior Member

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    Insein, my father lives just off of Street Rd. on the Bensalem/Philly border. Quite a coincidence!


    Where I live, the best price I saw today was $3.29
     

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