Gas brag thread. Filled up for $0.90/gallon yesterday.

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ponyo

Lifer
Feb 14, 2002
19,688
2,810
126
I didn't beat the OP but did get it for $1.149 last week with my $0.80 discount per gallon Kroger discount.

I also saw mention of cheap gas in the late 90's. It dropped to $0.599 per gallon here in Lexington, KY during that time frame and $0.499 per gallon in Corbin, KY (Oil was $10.25 per barrel). I filled up my 14 gallon tank for $7.00.

Cheapest I've seen in Atlanta recently is $1.95. I fill up my truck about twice a week.

I remember the late 90s gas prices. I think the cheapest I filled up was $.69 a gallon. People seem to think high oil prices was the norm in the past when it's only recent phenomenon.
 

Dr. Detroit

Diamond Member
Sep 25, 2004
8,250
702
126
Yesterday I saw it at Costco for $2.25, I paid $2.41 at Safeway, and the corner Chevron has it for $2.65.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Cheapest I've seen in Atlanta recently is $1.95. I fill up my truck about twice a week.

I remember the late 90s gas prices. I think the cheapest I filled up was $.69 a gallon. People seem to think high oil prices was the norm in the past when it's only recent phenomenon.

Cheapest I've seen here was $1.79 but it raised to $2.29 a day later (yes, $0.50 jump).

Yea, people don't believe me when I say that I paid $0.499 per gallon (not a price war either) in the late 90's. Heck, I remember when it raised back to $1.00 and thought that 'ole lord, the economy is going to crash because of the fast rise'. Little did I know! :p
 

Paratus

Lifer
Jun 4, 2004
17,070
14,338
146
Cheapest I've seen here was $1.79 but it raised to $2.29 a day later (yes, $0.50 jump).

Yea, people don't believe me when I say that I paid $0.499 per gallon (not a price war either) in the late 90's. Heck, I remember when it raised back to $1.00 and thought that 'ole lord, the economy is going to crash because of the fast rise'. Little did I know! :p

Price of oil crashed hard back then. At the time I was working for the evil Haliburton right out of school. Then CEO, Dick Cheney, decided to "Strenously Right-Size" the company due to the down turn......

Luckily I jumped over to a NASA contractor without being right-sized. Didn't have to work for Cheney for like a whole year. :p
 

Red Squirrel

No Lifer
May 24, 2003
68,332
12,559
126
www.anyf.ca
Filled up yesterday, I could not believe how cheap it was. 40 bucks to (nearly) fill my car is unheard of. Not to mention the price part being a smaller number than the litres part. I did not even have my license the last time that was possible.


 
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Imp

Lifer
Feb 8, 2000
18,828
184
106
Filled up yesterday, I could not believe how cheap it was. 40 bucks to (nearly) fill my car is unheard of. Not to mention the price part being a smaller number than the litres part. I did not even have my license the last time that was possible.

Man, it sucks to live away from major population centers... Gas in Toron'a is down to at least $0.90-ish for regular, last I heard.
 

SithSolo1

Diamond Member
Mar 19, 2001
7,740
11
81
I paid $2.15/gal(93) today. I think this is the first time since I've had my car that I've gone from fuel light on to full for under $35 and I've had it since '05. Reg(87) was $1.85
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
1-19-2015

http://www.usatoday.com/story/money/2015/01/19/gas-oil-five-dollar-gallon/21865975/

Former oil exec: $5-a-gallon gas on the way



John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short, as the cost of filling up flirted with $4 in 2012, but never went higher.


Now, with gasoline prices at $2.14, their lowest level since May 2009, the former president of Shell Oil is issuing another warning, telling motorists that their joy ride may end sooner than they think.


"The next round of high prices is likely to start later this year, as crude rebounds to the $80s and $90s, perhaps pushing to the $100 level by late in the year or early next," Hofmeister told me the other day after a trip to Calgary, where he was promoting natural gas as a transportation fuel.

Hofmeister still sees $5 gas on the horizon.

"Over the next several years, as demand growth approaches 100 million barrels a day and the industry production falls short, yes, I believe later this decade we'll see $5 a gallon and possible shortages of fuel in some parts of the world," he said.

Hofmeister paints a gloomier picture of gasoline prices than many analysts, including the U.S. Energy Information Administration, which predicts U.S. gasoline prices will average $2.33 this year and $2.72 in 2016
 

Red Squirrel

No Lifer
May 24, 2003
68,332
12,559
126
www.anyf.ca
That's just a given, gas always goes up. This current cheap gas trend is a short blip. We were already paying over 5 bucks per gallon before this, here. (about $1.40/litre if I recall)
 

Strk

Lifer
Nov 23, 2003
10,197
4
76
That's just a given, gas always goes up. This current cheap gas trend is a short blip. We were already paying over 5 bucks per gallon before this, here. (about $1.40/litre if I recall)

Yeah, it is interesting to see what happens though. You have a couple of major things. OPEC keeping its current production levels and US production is way up.

Fracking requires a certain minimum for production to be viable. And several OPEC countries need a certain amount to be able to balance their budgets. Saudi Arabia can let it get pretty cheap, but quite a few of the countries are hurting with these prices.

With that said, on the way home, I saw $1.97. When it goes back up, I should be good though. I just replaced my car with a Corolla.
 

BeeBoop

Golden Member
Feb 5, 2013
1,677
0
0
Anyone heard of mygallons? Supposedly you can buy gas for the future at present day market prices. It works like an investment. You buy gas for present day prices at 2$ a gallon. When prices rise in a few years to 4$ a gallon, you cash in and mygallons will deposit the funds into your bank account.
 

Captante

Lifer
Oct 20, 2003
30,316
10,814
136
Cheapest I've seen in Connecticut was $1.99 in at a Newington Citgo yesterday. Unfortunately gas is expensive here.



Anyone heard of mygallons? Supposedly you can buy gas for the future at present day market prices. It works like an investment. You buy gas for present day prices at 2$ a gallon. When prices rise in a few years to 4$ a gallon, you cash in and mygallons will deposit the funds into your bank account.


I'll be looking into this thanks!
 

RossMAN

Grand Nagus
Feb 24, 2000
78,810
314
136
$1.95 at CostCo and we topped up, about 7 gallons.

$2.29 a few blocks down the road
 

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
3 bucks in so cal? I paid $2.29 today, that's not even the lowest. On Sat out at Costco in Palm Springs, paid $1.99.
I haven't seen it that cheap anymore here in LA/OC. It went slightly up after it dropped here recently.
 

WaTaGuMp

Lifer
May 10, 2001
21,207
2,506
126
I haven't seen it that cheap anymore here in LA/OC. It went slightly up after it dropped here recently.

A new tax kicked in which brought a raise of about 4 cents a gallon, but it has gone down again since the tax started. Gas buddy says OC average is 2.49. I could of driven to Fullerton for 2.17 at Costco.
 

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
A new tax kicked in which brought a raise of about 4 cents a gallon, but it has gone down again since the tax started. Gas buddy says OC average is 2.49. I could of driven to Fullerton for 2.17 at Costco.
Yea around 2.49 is pretty much what I see it everywhere.
 

tortillasoup

Golden Member
Jan 12, 2011
1,977
3
81
Anyone heard of mygallons? Supposedly you can buy gas for the future at present day market prices. It works like an investment. You buy gas for present day prices at 2$ a gallon. When prices rise in a few years to 4$ a gallon, you cash in and mygallons will deposit the funds into your bank account.

It's no good. There are a lot of ifs and buts and it obviously to the benefit of the company and not the customer. It would only work to the benefit for the customer if you could actually hold the gasoline which they do not.
 

Blanky

Platinum Member
Oct 18, 2014
2,457
12
46
1-19-2015

http://www.usatoday.com/story/money/2015/01/19/gas-oil-five-dollar-gallon/21865975/

Former oil exec: $5-a-gallon gas on the way



John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short, as the cost of filling up flirted with $4 in 2012, but never went higher.


Now, with gasoline prices at $2.14, their lowest level since May 2009, the former president of Shell Oil is issuing another warning, telling motorists that their joy ride may end sooner than they think.


"The next round of high prices is likely to start later this year, as crude rebounds to the $80s and $90s, perhaps pushing to the $100 level by late in the year or early next," Hofmeister told me the other day after a trip to Calgary, where he was promoting natural gas as a transportation fuel.

Hofmeister still sees $5 gas on the horizon.

"Over the next several years, as demand growth approaches 100 million barrels a day and the industry production falls short, yes, I believe later this decade we'll see $5 a gallon and possible shortages of fuel in some parts of the world," he said.

Hofmeister paints a gloomier picture of gasoline prices than many analysts, including the U.S. Energy Information Administration, which predicts U.S. gasoline prices will average $2.33 this year and $2.72 in 2016
You said gas would hit $6 in 2014, so your credibility in this matter is nonexistent.
 

bruceb

Diamond Member
Aug 20, 2004
8,874
111
106
Best around here in Wayne, NJ was $1.799 at Exxon or Hess for 87 Octane ... some stations charge higher for credit, but Hess is the same for cash or charge, as are most (but not all) Exxon stations