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View Full Version : Falling gas prices


gudeman00
08-31-2017, 04:10 PM
:thumb:

Gas prices in the United States will be "closer to $2 than $3 come Thanksgiving," says Fred Rozell, gasoline analyst at the Oil Price Information Service. The U.S. average for a gallon of gasoline peaked this year at $3.036 on August 10th. It then fell a two-month low of $2.89 on August 25th. That downward trend is likely to continue through autumn, Rozell told USA Today. The price of oil fell to $69.71 a barrel yesterday — the lowest level since May 4th. Wholesale gas prices are also falling rapidly, meaning stations are making more money than when prices were $3. Prices were around $1.78 yesterday — compared to the normal $2.00-plus over most of the summer.

leftlanenews

dres
08-31-2017, 04:24 PM
wait so gas stations make over a dollar a gallon, when they sell gas? wtf. gas prices were under a dollar in my life time.

blackbird
08-31-2017, 04:29 PM
After living in Europe for a little while now, I can't complain too much anymore. I did the conversion last week from Euro per liters to gallons in USD and the stations out in town near where I live are charging about $5.80/gal. for diesel and $6.30/gal. for regular unleaded. Premium is a big jump and is in the upper $6 range.

westup
08-31-2017, 06:40 PM
KEWL, under 3 and i can live with it.. :mj:

lunchbox660
08-31-2017, 07:46 PM
wait so gas stations make over a dollar a gallon, when they sell gas? wtf. gas prices were under a dollar in my life time.


X2..... i remember when PREMIUM was only llike $1.21/gal and it was 94/95 octane too....wtf

lunchbox660
08-31-2017, 07:47 PM
After living in Europe for a little while now, I can't complain too much anymore. I did the conversion last week from Euro per liters to gallons in USD and the stations out in town near where I live are charging about $5.80/gal. for diesel and $6.30/gal. for regular unleaded. Premium is a big jump and is in the upper $6 range.

X2 on this also....i drove alot when i was in Okinawa and i would only use Eneos and Esso high octane fuel and it was over $4.00 a gallon (yen to $$ and litre to gallon conversion completed...) and that BEFORE these insane rises in price...

FastSpecV
09-04-2017, 10:52 AM
I love going to my gf's place in Jersey. I just filled up my car with reguar and it was $2.60 a gallon

gudeman00
09-04-2017, 10:56 AM
I was in Indy this weekend and saw 2.38 at one station :thumb:

JuanDirtyMessican
09-04-2017, 03:18 PM
cali 91 piss is dropping $3.19!!!!

lunchbox660
09-04-2017, 06:15 PM
$3.19 where? i mean hell, it is going down, yeah, but it's still in the high $.20's here in the high desert.....must be very location specific....

Eulers Ghost
09-04-2017, 06:22 PM
I just got 94 octane for 2.99

i'll declare full w00t-age when it hits 2.29

Eulers Ghost
09-04-2017, 06:23 PM
I was in Indy this weekend and saw 2.38 at one station :thumb:

wtf?!?!?

pics or :bs:

gudeman00
09-04-2017, 08:20 PM
wtf?!?!?

pics or :bs:

I didnt take a pic of the prices, but I saw 2.38 nonetheless.

myfault
09-05-2017, 09:40 AM
here right now it is (depending on the station):

$2.38 - 87 octane
$2.48 - 89
$2.58 - 93

SilverSRT4bang
09-05-2017, 10:39 AM
I just paid $3.09 for 93.:supergay:

punkrokdood
09-05-2017, 10:54 AM
2.99 for 87 i payed 3.39 for 91... which is cheap :lol:

svt2srt4
09-05-2017, 12:09 PM
just paid $3.05 for 91 @chevron/ 87 was 2.85

Muskiefisher
09-05-2017, 12:58 PM
2.86 for 93 here in milwaukee. I was in MN this weekend at it was like 2.68 for 91

paintbaler1587
09-05-2017, 07:03 PM
paid 2.49/gal for 89 @ Shell

gudeman00
09-15-2017, 08:26 AM
:bump:

Okay, so now a certain expert (same one who said we would hit record prices) says they will fall to 1.15. :yikes: :thumb: I would love to see this happen, as would everyone else.

"The lone analyst that years ago predicted oil prices would soar to record levels now says they are poised for a dramatic plunge to late-1990s levels. Gas prices could fall as low as $1.15 a gallon, Philip K. Verleger told the McClatchy News Service. Gas prices have already dropped significantly in recent weeks, with more conservative estimates putting gas near $2 by Thanksgiving. But Verleger thinks prices could go even lower. With fighting easing in Nigeria, Israel, and Lebanon, the potential for a warm winter, and a lack of hurricane activity, oil and gas prices could drop in a big way, Verleger says."

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