With gas prices plunging...

Discussion in 'Energy' started by DavidS, Oct 15, 2008.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    Who took that deal from your local dealership for $2.99/gallon gas? Gas is being sold in many locations for under $2.99/gallon. Ooops.

    :tongue:
     
  2. RetiredGySgt
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    RetiredGySgt Platinum Member

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    LOL forgot about that one )
     
  3. Zoomie1980
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    Zoomie1980 Senior Member

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    I wonder where AAA gets it;s numbers? I just paid $2.59 for regular gas today in Iowa but the AAA "average" for Iowa is $3.25? I can't find a station charging within .20 of that for PREMIUM???
     
  4. editec
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    editec Mr. Forgot-it-All

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    Yesterday regular was 3.10 a gallon at the pumps on US Rt 1. here in Maine.

    Bought #2 heating fuel at the same price yesterday morning.

    $500 for a half tank!

    OUCH!
     
  5. Charles_Main
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    Charles_Main AR15 Owner

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    I have been all over the country in the last few weeks, the lowest price I have seen is 249 a gallon and the highest was 339.

    Unfortunately for us truck drivers, and everyone really. Diesel is much higher at around 379 a gallon still.

    Seeing how all the goods we buy come on trucks this is still driving up the prices of the things we need to live.

    This is a clear example of why we need more refineries.

    Diesel fuel is a less refined product than Gas. By all rights it should be cheaper than Gas as it takes less work to make.

    The problem is the refineries are all at near capacity, and must refine the product with the highest demand first. Since Gas is always in higher demand than Diesel, Diesel is higher.
     
    Last edited: Oct 16, 2008
  6. midcan5
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    midcan5 liberal / progressive

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    Who would have thought drilling would work so fast - oh they didn't start yet! LOL Panic thy name is mankind.
     
  7. Remey688
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    Remey688 Rookie

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    Gasoline has hit $2.499 a gallon in Oklahoma City today
     
  8. Charles_Main
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    Charles_Main AR15 Owner

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    while I know it is nice to have cheaper gas. It is by no means a good sign. Gas in only coming down, because oil is. And oil is coming down because of the dismal economic out look not just here, but all around the world.
     
  9. AllieBaba
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    AllieBaba BANNED

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    I dunno but it makes me want to kick the ass of the nearest oil CEO for nearly killing us for two years with ridiculously high oil prices.
     
  10. Charles_Main
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    Charles_Main AR15 Owner

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    If the price of Crud goes down much more, The oil companies might just get their asses kicked by losses, just like that did in the 90's.

    Must people do not even realize when Oil was low in the 90's the Oil companies were actually losing money and crying about it.
     

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