[Chi-Town]

Went past the Shell on 466 a couple of days ago and regular gas was $2.99 a gallon. I remember Newt Gingrich promising $2.50 a gallon if he were elected, but I never thought we'd get below $3.00. There was so much blame for high prices that there should be some credit due for the lower.

[sunnyatlast]

Originally Posted by Chi-Town;956***

Went past the Shell on 466 a couple of days ago and regular gas was $2.99 a gallon. I remember Newt Gingrich promising $2.50 a gallon if he were elected, but I never thought we'd get below $3.00. There was so much blame for high prices that there should be some credit due for the lower.

How can Americans enjoy the damage the foreign oil producers' over-supply and cut-throat pricing is doing to our domestic producers trying to gain our energy independence?!?!?

"“A refiner on the East Coast isn’t going to buy a barrel of domestic crude oil if, [when] delivered to his refinery, it’s $10 more expensive than a barrel of international crude oil,” Fallon explained.“Domestic producers know prices could fall by another $8-$10 bucks and that’s the concern.”

Fallon also warned that “at $75 selling price, some of these tight oil formations aren’t very competitive. That’s barely enough to cover the break even cost of drilling.”

http://thehill.com/policy/energy-env...questions-rise

[rubicon]

Its temporary be ready for sticker shock shortly

[njbchbum]

Blessed that gas in my NJ neighborhood today is $2.75! And that is NOT a typo!

[lynxville]

Don't worry OPEC is meeting soon and it will cut supply.

[jblum315]

And don't forget - that #2.99 is for cash only. Credit card or even debit card they charge more.

[Bay Kid]

Enjoy the prices now. As soon as elections are over the price will go back up....

[TNLAKEPANDA]

It is down to $2.86 here in east TN but we are heading south real soon

[George Bieniaszek]

We were in The Villages and left on Sunday the 19th to go back to CT for a short stay. Funny observation. Gas was approximately $3.09 around TV and when we got to CT on Monday, gas was $2.99.

Gas in CT was consistently 30-40 cents per gallon more expensive than in Florida over the past 5 years we lived here in TV. I never thought gas in CT would be cheaper than in Florida

[sharoni]

I live in a small city in Michigan, about 20 minutes from the the Ohio border. We normally have some of the higher gas prices in the country. Right now we are at $3.19, while right over the border in Toledo OH it is $2.73. And nobody can explain why...

[janmcn]

Originally Posted by sharoni

I live in a small city in Michigan, about 20 minutes from the the Ohio border. We normally have some of the higher gas prices in the country. Right now we are at $3.19, while right over the border in Toledo OH it is $2.73. And nobody can explain why...

If prices are consistently higher in one state over another, it is usually because of the amount of each state's taxes.

[George Bieniaszek]

Originally Posted by sharoni

I live in a small city in Michigan, about 20 minutes from the the Ohio border. We normally have some of the higher gas prices in the country. Right now we are at $3.19, while right over the border in Toledo OH it is $2.73. And nobody can explain why...

Without doing any research, I would look at the state taxes that Michigan and Ohio charge per gallon. I have a home in CT as well as in The Villages and CT has some of the nation's highest gasoline taxes.

[jojo]

Paid $2.97 (credit card) at station in Wildwood corner of 44 and 301 today.

[jmvalcq]

I paid $2.79.9 on 10/18 along I 75 in Georgia using a credit card.

[NVtoFl]

I was so excited this morning to see that the cheapest fuel right now is 2.95 at Murphy's next to the Charter Schools.