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Report Your Local Gas Prices Here (retired discussion, please see the new one)
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Rocky
So Ford actually DID finally quit building the Excursion? Man, I've been hearing claims of its impending demise since about two days after it first came out! :P
Yes but we are paying about 50% more then we were 3-4 years ago. And since the normal pay raise is somewhere between 3-5% and oil, gas and electricity prices are also way up, people have every right to complain. Gas prices are being manipulated by the oil companies through reduction of capacity in the oil refineries, oil futures, convenient oil production, etc. And there isn't much you and I can do about it.
After completing a trip around eastern PA and southern NJ, I find that my hometown (York) is at the high end:
York, PA - $2.65 - $2.69 regular
Lancster, PA - $2.61 - $2.63 regular
Gap, PA (Lancaster County) - $2.59 - $2.61 regular
Lehigh Valley - $2.57 - $2.63 regular
New Jersey (Woodstown) - $2.54
The impact of a potential 1 million barrel a day cut by OPEC remains to be seen, with traders eager to see whether the cartel merely reduces its official output quota or reduces production from current levels.
Other major influences on prices in the months ahead will be the economy, the weather and geopolitics, most notably the West's diplomatic dispute with Iran, OPEC's No. 2 producer, over its nuclear ambitions.
We used a lot of them in the oil fields after the Suburban dropped their diesel. I guess 1 ton Crew Cabs will be the vehicle of choice. They also build a tri cab PU that a few companies buy. Plus you can get the 1 ton Vans with a diesel and after market 4 wheel drive.
Since we are talking gas prices the gasoline futures price really is the most relevant, not the cost of oil. Gasoline futures bottomed out at $1.45 about a week ago. You might say that gasoline futures should track oil futures and you'd be right. Typically every $1 change in the price of oil results in a 2 to 2 1/2 cent change in the price of gas futures. Last August when oil was at $77 a barrel, gas futures were $2.35/gallon. So a $20 decrease in oil has resulted in a 90 cent decrease in gas. Something's not right here. A $20 change in oil should impact gas by 50 cents. Refining costs change with the seasons and that can account for some of the disparity but not all of it.
Other major influences on prices in the months ahead will be the economy, the weather and geopolitics, most notably the West's diplomatic dispute with Iran, OPEC's No. 2 producer, over its nuclear ambitions.
I think the only one of these factors that will allow gas prices to continue to drop will be if the major, oil consuming, economies start slowing down.
At the Citgo, prices were $2.119/$2.299/$2.399, while the Shell was at $2.149/$2.279/$2.379
We get a lot of you Philly gamblers gassing up on the way to and from Atlantic City...plus all of the summer seashore crowd.
They want to defend $57-$60 oil prices.
Phoenix average went UP today from $2.14 on Thursday to $2.16 today Friday 10-20-2006.
I think we are at the bottom folks..........
PS
San Diego gas at $2.25 diesel spotted at $2.49. Both still headed south. The local Baja club just posted diesel at $1.86 just across the border. Shows how it is artificially high diesel is in CA.
It's just not right to pay lower than $2.00/gal for 87 no-lead, is it? Very rich people in ghasto-leeen-eey want and desire to put us through the shredder and they want us to continue paying large ghastly prices.
2021 Kia Soul LX 6-speed stick
87 - $2.039 - down 10
89 - $2.139 - down 10
91 - $2.199 - down 10
93 - $2.239 - down 10
diesel - $2.359 - down 4
kcram - Pickups Host
Weird gradient there...all supply and demand I am sure.
Over the past week I was in eastern WA, and noticed Chevrons were usually at least several cents cheaper than here. Odd, usually costs are higher there.
San Diego sitting at $2.25 for Costco gas.
I'm thinking that you need to get away from that Bellevue WA Chevron a little more often.
Price trends should be interesting to monitor once the elections are (mercifully) over in a couple weeks. The price decreases and desperation both are remarkable...should be fun to see what comes next.
The station I patronize is both most convenient for me, and usually the cheapest Chevron in town.
Lowest reported price is $1.81 in OK City Oklahoma.
Prices are slowly coming down at other places, in the $2.05-$2.07 range.
Light sweet crude for December delivery fell 52 cents to settle at $58.81 a barrel on the New York Mercantile Exchange. In London, Brent crude futures on the ICE Futures exchange dropped 76 cents to settle at $58.92
C'mon $1.50 gas!!
The days of the USA average gas price at or below $1.50 are over my friends.
That $1.99 gas I saw the other day was with a car wash only.
Even if oil went down to $40/barrel we still wouldn't have $1.50 gas. The last time gas was that cheap was early 2004. Oil prices were around $30/barrel then.
Anyone who really believes that oil prices are going to drop significantly have the opportunity to make a lot of money in the commodities market.
http://futures.tradingcharts.com/marketquotes/
The reason I say $1.50 gas, is based on averages. In todays dollars the average price of gas prior to 9/11 was about $1.50. It was at that price from about 1986 till we got to fighting in the Middle East. There was a blip up during the first Gulf war also. I may be more optimistic than most. It really means little to me. I worry more about my children coping with the high price of gas.
I filled up for $1.96 last weekend. Beware the petroleum soothsayer - he may be wise, but not omniscient.
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Now I see a $2.29 price popping up at certain local stations and expect that to spread for an early weekly restoration.
But prices can't be justified other than under $2.00 based on oil prices. Oh, I forgot. I heard mention of a hurricane in the Pacific by the radio news this morning. Maybe that's why prices are having to rise to $2.29.
2014 Malibu 2LT, 2015 Cruze 2LT,
Higher gas prices mean more conservation, reduced foreign oil dependency, lower air pollution levels, less global warming, more carpooling, more bikes, more small cars on the road, fewer people randomly choosing exhaust-spewing beasts as their family car.
All these things add up to a better world for all of us.
It has nothing to do with rich or poor people - it has to do with this EARF being our only place to live, and we better do what little we can to take better care of it. :shades:
High gas prices are the only thing I have EVER SEEN in 25 years as an adult that can and does "force" people to make better and more proper decisions on their transportation.
USA average gas price today is :
$2.17
and lowest reported USA price is:
$1.83 in Travelers Rest, SC
The higher the gas/oil prices get the sooner we will transition from an oil based econmomy. That will be beneficial to both rich and poor.
Having Al Gore preach at people who actually know more about conservation than he does and then get into his V8s and scurry to the airport to catch a 747 to jet back to Nyota for the conservation world pac meeting a few years back was pure hypocrisy. Having many other Hollywood types and musicians (Streisand) preach the same garbage turns me off.
If this country wishes to conserve, then start eliminating jets. The air was purest in this area when there was no air travel after 9-11.
Prices: $1.95, lots at $2.01, and $2.25/2.24 spreading as the weekly restoration occurs.
2014 Malibu 2LT, 2015 Cruze 2LT,
The average American uses about 600 gallons of gas per year. So if gas goes up a dollar that obviously equates to $600/year. Yikes, who but Bill Gates could afford to take a hit like that?
You are trying to compare a very small country that is closed to outside poor coming in. It has about half as many people as Los Angeles.