Gas Prices dropped!

Boatwrench

NAXJA Forum User
Location
Petaluma, CA
at least here.

Last Thursday the local shell was $3.75 for 87 octane. Friday it was $3.71, yesterday was $3.69 and this morning it was $3.67...

I guess the oil companies figured the new water level...the max they could soak us for was ~ $3.67...I was liking the higher prices, less cars screwing up my commute times, no longer was it one hour for the 16 miles home, it dropped to 35 minutes this last month.
 
You know the trend, drops a little so people are "relieved" then soon its back on its way up, or maybe the incrase was related to spring break/easter.
 
I just sit home more often. I save money and buy less things. I wonder why our economy is dieing.
 
Ramsey said:
You know the trend, drops a little so people are "relieved" then soon its back on its way up, or maybe the incrase was related to spring break/easter.

Yep.


It's hasn't budged here for weeks. Holding steady at $3.25 for 3 weeks or a maybe a tad longer.
 
Goes up and down here daily, always goes up on friday for the tourists and new yorkers who are used to paying $4. Got down here to Philly a couple hours ago. Near the PA turnpike exit, $2.65, mile down the road $.224 at 5 stations.
 
I think it was because we all didn't buy fuel last Wendsday like that email wanted us to.
 
Up, down, whatever.

All last week it was $3.25 here. Then the Iraqis started killing each other again and damaged a pipeline. BAM! 10 cent incease overnight on the stuff they bought at the old price.

Went wheeling at the Badlands yesterday.

$3.35 in Madison.
$3.19 in IL by Peru.
$3.39 in Attica at both stations.

If somebody looks funny at someone else in the middle east, and the press finds out about it, then the people who invest in oil futures go nuts. The only reason it came down a little bit is because Wall Street was afraid those azzhats would drive us into a depression and spread the word. If that wouldn't have happened, futures would still be on the rise, and so would your fuel costs.

Truckers are getting hit real bad. All the way down and back, they were running pretty steady around 55-60 trying to save fuel.

Look for shipping costs attached to everything from food to jeep parts to go through the roof. When those costs go up, the retailer needs to pass it on to stay solvent.

At some point, driving will simply be too expensive. If you don't live near work, and you don't have a bus pass, you'll be walking. That should work out well for all those people who moved out to the country to get away from the city, but commute in every day.

Ron
 
Ramsey said:
You know the trend, drops a little so people are "relieved" then soon its back on its way up.

Yep. I believe it goes up until they determine what the market will bear and then drops followed by a slow increase back to the break point, which I guess to be about $3.67 here in SF
 
Piffle. Wake me up when it gets back down to $1.50 or less, as I'll probably want to make sure I'm not dreaming.

A few cents isn't anything to crow about - I find that much vacuuming. Considering you can't really buy anything for a buck anymore, is it worth saving that much at once?

I'm still leaning toward pulling out the MEF, dropping a couple of neutrons there (make it a glass parking lot,) and send the MEF back in in two weeks to paint the strips and put in new pumps. I don't care if "fuel prices are finally catching up with inflation" - fuel prices are also causing inflation! The whole of industry depends on petrochemistry in one way or another, and whenever oil goes up, everything else goes up (due to costs of transportation/energy/maintenance/raw material/other.)
 
I remember Dad throwing a fit when it hit $1.
 
$3.23+ in NC up around school....$3.13 on the SC side of the state line near work. Gotta love working on the state line :)
 
Haleyes said:
I remember Dad throwing a fit when it hit $1.

I'm with 5-90, I remember being pissed when it was a $1/gallon then not much later a $1.25.

I remember going to get gas with my Grandfather. He would figure out where the stations having a price war were and then get gas for .25/gallon and fill up all three tanks in the pickup.
 
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