$1:75 Gas in Central IL today
 

gas buddy

I bought some gas related stocks and as soon as I did the cude oil prices went down and so did the stocks. If something is too expensive all that needs to happen is for me to buy stock in it and it will go down.

Are the Texas and Louisiana refiners going to be able to make a profit on refining the cheaper crude? The cost for refining the tar sands from Canada is significantly higher than crude oil, too. The investors are pulling out of the Canadian tar sands fields. Keystone XL would not be profitable now and with all the fracking and horizontal drilling in the US, the Keystone XL is not needed.

Interesting to Google to see who was going to make the most money from the Keystone XL.

Glad to see the lower gasoline prices again. Hope the OPEC countries keep lowering their prices so we get the cheaper gasoline. Free enterprise works!

I was in the Chicago area last week, and gas was 10 cents cheaper there than here. It's usually 25 to 50 cents higher because of the taxes. Hard to explain.

We just got gas in Tampa for $1.99! 12/30/14

It is $1.66 in Grand Haven Michigan. hope it stays low, heading back to V in three weeks.

have no idea where the OP lives in Illinois, but the gas up there where I'm originally from is ALWAYS 20 to 30 cents higher than here in Alabama. Gas here is still around $2.15/gal, and my sister in east central Ill. told me last week that it was already below 2 bucks up there. I don't understand this sudden difference.

There is a huge refinery up in Whiting, Indiana (near Chicago) which has not been working up to capacity for years. Maybe they got it fully operational again. It's the old supply and demand thing.

See what happens when the business folks are able to work and the government keeps their hands off.

Why is Diesel not moving ?

What government regulations have been repealed in the last three months since gas prices started their downward spiral?

The gasoline prices are so low because the OPEC countries are lowering prices on their crude oil exports - in an effort to make it so cheap that the domestic oil from fracking and horizontal drilling will not be profitable and will go out of business.

This truly is free enterprise. Do you want that to happen to domestic oil?

No, only to Russian oil. Maybe driving Russia's economy down will teach Putin a lesson.

It wasn't all that long ago when Putin was being lauded as a strong leader and how our President could learn from him. Forget Georgia, Crimea, Ukraine, KGB backround......he was the man. What a difference a year makes.

would you mind buying Qantas Airlines?:pepper2: