View Full Version : Gas prices go lower
Chi-Town
10-30-2014, 01:21 PM
I remember all the finger pointing in the last Presidential election with lots of blame for high gasoline prices aimed at the current administration. Evidently the energy course that we are on is paying off. I am waiting for the naysayers to now claim that low gas prices are bad for the economy. In the meanwhile, i just filled up at the Shell on 466 for $2.93 per gallon and got 30 cents off of that with my Winn Dixie card.
With Tesla's battery technology and investment along with Ford testing the water this conversation may be moot sooner than we think. But for now let's enjoy.
Walt.
10-30-2014, 03:53 PM
Before anyone starts giving credit where it isn't deserved...
Trick question: Who had higher gas prices, Obama or Bush? - San Jose Mercury News (http://www.mercurynews.com/politics-government/ci_21545019/trick-question-who-had-higher-gas-prices-obama)
Next we'll be hearing how because only one person in the U.S. died of Ebola it must mean that "somebody" must have saved the lives of 320,000,000 Americans!
2BNTV
10-30-2014, 04:01 PM
Good site to check gas prices is GasBuddy.com - Find Low Gas Prices in the USA and Canada (http://www.gasbuddy.com) :smiley:
Cisco Kid
10-31-2014, 06:08 AM
I remember all the finger pointing in the last Presidential election with lots of blame for high gasoline prices aimed at the current administration. Evidently the energy course that we are on is paying off. I am waiting for the naysayers to now claim that low gas prices are bad for the economy. In the meanwhile, i just filled up at the Shell on 466 for $2.93 per gallon and got 30 cents off of that with my Winn Dixie card.
With Tesla's battery technology and investment along with Ford testing the water this conversation may be moot sooner than we think. But for now let's enjoy.
I remember that is still a buck higher than the day of the start of the current
Pres. :pepper2:
Villages PL
10-31-2014, 02:24 PM
I remember all the finger pointing in the last Presidential election with lots of blame for high gasoline prices aimed at the current administration. Evidently the energy course that we are on is paying off. I am waiting for the naysayers to now claim that low gas prices are bad for the economy. In the meanwhile, i just filled up at the Shell on 466 for $2.93 per gallon and got 30 cents off of that with my Winn Dixie card.
With Tesla's battery technology and investment along with Ford testing the water this conversation may be moot sooner than we think. But for now let's enjoy.
What I wonder: Where are all the people who said that high oil and gas prices were the result of greedy oil companies and greedy Wall Street futures traders. Supposedly, they were buying futures to artificially raise the prices of oil and gas.
If that's the case, if it's that easy to manipulate prices, why aren't they doing it now?
Topspinmo
11-02-2014, 05:49 PM
It's call Freaking Fracking. :pepper2:We Got so much oil we are now exporting for all the posts on web I've read and if it's on the web it's got to be true. Don't worry Holiday coming up so there will all of sudden shortage or somebody will drop can of oil causing stock market jump on crude oil.:eclipsee_gold_cup:
I don't care if it 2 bucks or 5 gallon. my car gets 38 MPG, scooter that gets 113 MPH to gallon, Elect Golf cart, and I don't run round all that much, so it don't effect me one way or the other.:gc:
Gas least of our worries, wait till Elect. goes out of sight. That way all the Green investor's (mr. Gorger) will finely get paid. After all that's what it's all about paying off the backers, under the table, and lobbists investment money.
Cisco Kid
11-02-2014, 06:22 PM
But But But
low price gas = high usage, causes global warming.
Fracking causes sinkholes and earthquakes.
gomoho
11-02-2014, 06:29 PM
But But But
low price gas = high usage, causes global warming.
Fracking causes sinkholes and earthquakes.
Yeah, probably not!
village dreamer
11-02-2014, 06:33 PM
new jersey gas 2.53 gal.
2BNTV
11-03-2014, 05:50 AM
new jersey gas 2.53 gal.
WOW! Paid $2.83, at Sam's, yesterday and I thought that was a great price.
Villages PL
11-03-2014, 01:52 PM
I paid $2.87 and thought that was good! Maybe if I wait long enough they will pay me to haul it away.
Or: Buy a Slurpee and get a free tank of gas.
Bay Kid
11-04-2014, 09:00 AM
They will start going back up this week...
janmcn
11-04-2014, 10:35 AM
They will start going back up this week...
Most experts are expecting another .15 drop per gallon with a barrel of oil dropping to $75 per barrel, but just to be on the safe side, by all means top off your tank today. Drill baby drill. You betcha:pepper2:
billethkid
11-04-2014, 10:49 AM
once the adjustment in output by the oil producing nations supplies will normalize....prices will go back up.....then the holiday sock it to 'em pricing will kick in.
We are trained to accept the $3+++ price of gas.......which is 3 times higher than not that long ago......we do train and follow too easily!!
Chi-Town
11-04-2014, 11:08 AM
The gas prices today are the same as 7 years ago. Almost to the penny.
BarryRX
11-04-2014, 11:22 AM
It's due to a lot more than just fracking. Saudi Arabia is pumping out lots of oil to also keep the price low. If the price is too low, it becomes too expensive for fracking operations which in turn keeps us from cutting into Saudi Arabias market in Asia.
tcxr750
11-04-2014, 08:31 PM
Saw Richard Hastings of Global Hunter Securities on CNBC suggesting that the the Conventional Oil Producing countries are keeping up production to force lower prices which would force leveraged Unconventional Oil production (Shale Oil) out of business. Don't trade your Prius in for the GMC Yukon Denali just yet!
Sandtrap328
11-04-2014, 08:37 PM
Saw Richard Hastings of Global Hunter Securities on CNBC suggesting that the the Conventional Oil Producing countries are keeping up production to force lower prices which would force leveraged Unconventional Oil production (Shale Oil) out of business. Don't trade your Prius in for the GMC Yukon Denali just yet!
Isn't this the "free-market" system that so many on here keep talking about?
Topspinmo
11-04-2014, 10:17 PM
Though they won't admit it Fracking does cause earthquakes. I lived in OK Earthquakes went from 1 every 20 years to hundreds year. Biggest on was 5.7 I thought I was in Sunny Cala. Heard the big one coming, shuck for about 90 sec. then heard it leave. ref:
Oil Extraction Causes Biggest Recorded Earthquake in Oklahoma (http://www.livescience.com/28221-wastewater-injection-caused-oklahoma-earthquake.html)
Sandtrap328
11-07-2014, 05:36 PM
Just a question here.
Gasoline prices are getting lower. It is not economical to refine the oil from tar sand at this point. Yet the Keystone Pipeline is supposed to carry the tar sand from Canada to Texas for refining. Would the Texas refiners even attempt such an effort since it would not be profitable?
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