How 'bout those gas prices?

[cyclone]

Wow, Kelly - that's positively balmy weather compared to -2.  But here in the south we think it's cold when the temps are on that side of 32.

[campingcop]

$1.83 today

don't know how long its going to stay  that low but it sure is nice for now.

[ForestCreature]

$1.83 today
 
 don't know how long its going to stay  that low but it sure is nice for now.

Harvey, it's as low as 1.77 on this side of town at some stations as of yesterday.

[Beerlifter]

I saw it today on the way home from work @ $1.79 a gallon. Wal-Mart gas station. Of course I had just filled up 2 days ago at $1.92

[sully349]

As of 1/20/07 1030hrs, gas in NW Indiana is at $1.89 a gallon. And thats right outside of Chicago!!! E85 is selling for $1.69... I know it wont last long...

[Old Goat]

Filled up last night in North Myrtle Beach at the "Wal-Mart" pumps, $1.969

Strange, how the price of crude can drop over $10.00 a barrel and the price at the pump only drops pennies. On the other hand, just a rumor that crude is rising and gas prices skyrocket!

Fly

How true, how true, Gas prices are not dropping around here as fast as they are in other areas. Local distributers and dealers must be making big bucks by keeping the price up...Outright thievery?? You Betcha!!......

[ForestCreature]

How true, how true, Gas prices are not dropping around here as fast as they are in other areas. Local distributers and dealers must be making big bucks by keeping the price up...Outright thievery?? You Betcha!!......

We here in MI have a gouging law, it went into place after that big east coast blaclout when the few gas station that could pump in this area raped their customers to the tune of up to $5 per gallon.

It's even an enforced law (yep, a bit unusual). I think that is what has helped keep the prices decent around here.

[GeneF]

"We here in MI have a gouging law, it went into place after that big east coast blaclout when the few gas station that could pump in this area raped their customers to the tune of up to $5 per gallon.

It's even an enforced law (yep, a bit unusual). I think that is what has helped keep the prices decent around here."

Marcy  

Just read an article that Michigan and two other states have the lowest gas prices.  One of the main reasons is lower taxes on gasoline.

Local station here is $2.21 but paid $1.99 at a Sam's today.  Next town over is about $2.11.

[cjpoppin]

Just got back from filling up our truck here in Apple Valley, Ca. High Desert area for $2.43 gal best price in the whole high desert......Yuck......I can remember getting gas for .17 cents a gallon..........The Good Old Days........Please come back..........

[AustinBoston]

...I can remember getting gas for .17 cents a gallon..........The Good Old Days........Please come back..........

Do you really want them?  That was before The Arvee club, before the internet (OK, before the public had ever heard of the internet), before DVDs (or even VCRs), before microwave ovens, or pop-up furnaces, or pop-up water tanks, or pop-up power converters, when TV's produced X-Rays, all gasoline contained lead, and dumping toxic chemicals in your water supply was not illegal.  Oh, and minimum wage was somewhere areound $0.46/hr.

Nope, you can have "the good old days".

Austin

[cyclone]

It's dropped a whopping 8 cents -- now $2.13/gal.  I was off on Friday and running errands and wound up about 30 min. from home.  Gas there was 1.98.  In another area of the state (175 miles from here, maybe?) gas is 1.91.  Given that taxes should not be much different within the state, I'm assuming that in the Nashville area they are simply gouging us.  

(psssssst - hey, Brainpause - go fill up in Triune.)

[ForestCreature]

Just read an article that Michigan and two other states have the lowest gas prices.  One of the main reasons is lower taxes on gasoline.
 
 Local station here is $2.21 but paid $1.99 at a Sam's today.  Next town over is about $2.11.

SHHHHH....don't say that to loud , they might hear hear you and raise it...We don't need any more stinkin taxes!

[ScoobyDoo]

Quote:
--------------------------------------------------------------------------------
Originally Posted by cjpoppin
...I can remember getting gas for .17 cents a gallon..........The Good Old Days........Please come back..........
--------------------------------------------------------------------------------


Do you really want them? That was before The Arvee club, before the internet (OK, before the public had ever heard of the internet), before DVDs (or even VCRs), before microwave ovens, or pop-up furnaces, or pop-up water tanks, or pop-up power converters, when TV's produced X-Rays, all gasoline contained lead, and dumping toxic chemicals in your water supply was not illegal. Oh, and minimum wage was somewhere areound $0.46/hr.

Nope, you can have "the good old days".

   `Yes Dad, without a high school education, could work 40 hrs a week, 49 weeks a year, have health ins, pay for house, send kids to school, go camping most weekends in the summer and on vacation. then he could retire, and RV full time. Mom could stay home with the kids, didn't need the microwave, she had time to cook health food. X-rays from a TV that was only on 10-15 hrs a week, NBD. The kids were outside playing, not setting in front of the game boy getting fat. The lead in gas was bad, but the 6cyl. Ford didn't burn as much as the 2 cars every family needs to get to work.
   Change can be good but is not always.

[GeneF]

a loaf of bread was 14 cents, a quart of milk with the cream on top was 19 cents and it was delivered in a bottle, cost 50 cents to see a double feature at the drive in, kids played sandlot baseball and football, hide and seek was a great game, families did things together because many couldn't afford  tv, if you had a tv, you may have had to take turns holding the rabbit ears for the best reception, fewer houses made for more beaches and skinny dipping, beer was about the main drug of the time, had to wait for the other person to get off of the three party phone line, bicycles only had three speeds, ice skating and sleding were your weekend activities done in a group, school dances were called sock hops without grinding.

Oh yeah, those were some fun times.  May not want all of them back but some of them would be nice.

Oh yeah, you could get a house for less than 10,000.

[zamboni]

Just a few factoids...

http://www.eia.doe.gov/neic/quickfacts/quickoil.html

A barrel of oil produces 42 gallons of gas.

Oil dropped below $50/barrel a few days ago.  Back "up" to $51.  That means that raw crude is $1.24/gallon of gas.  Today (1/22/07), gasoline futures were $1.37/gallon.  Anything above that is transportation/profit.

Leading up to the elections, gas here in Sacramento had dipped to $2.10/gallon.  Crude was about $61/barrel.

Today, crude is $50-51, yet gas is still $2.50/gallon.

If one considers the conspiracy theory, the oil companies "lowered" the price of gas leading up to the elections in order to keep it "off the table" in terms of people's votes.

America uses 20 millions barrels/day of gasoline.  Comparing today to Election Day (now is $10/barrel cheaper than Nov 7th... and $.40/gallon ($16.8/barrel) higher gas prices)... oil companies are pulling in 20M * $26.8 = $536 MILLION more per day in profit than they were on Nov 7th - at least in CA prices.

Don't forget, today's gasoline futures prices were only $1.37/gallon - for Feb delivery.  That is what the oil companies paid for the refined gas they're selling to you.