Gas Prices .. how low will they go?

[Bonzi]

We are being ripped off where I live. All the gas stations are in cahoots to keep gas at $1.65 per gallon (all 14 on the main strip have the EXACT SAME price!)

... but I'm not moving to Michigan! (see below)

Michigan Becomes First State to Welcome Back Sub-$1 Gas

 

[JakeStarkey]

WTI and Brent still under 29$ a gallon.

The big companies will buy to keep share price up, but that can be done only so long.

Once Iran's oil goes on market, the prices will be dampened even further.

 

[TNHarley]

Iran is about to join SA in flooding the market. They even ramped up production.
Deflation is on the horizon folks!

 

[TNHarley]

However, I remember my first tank fill up, gas was 1.12 a gallon. That was in 2002...

 

[saveliberty]

Here in Southern Michigan it is $1.79 a gallon.

 

[TNHarley]

Around me, its around 1.70 average

 

[JakeStarkey]

1.49 west of Austin

 

[longknife]

We're at about $2.29 here in Vegas and it's going to be difficult to see it go below $2

 

[JOSweetHeart]

Gas is currently as cheap as $1.59 where I am.

God bless you always!!!

Holly