Gas prices remaining pretty constant?

2Xtreme21

Diamond Member
Jun 13, 2004
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Seems like the oil companies have found the sweet spot-- that is, the price that they can still make record profits from and the general public won't b*tch at. Granted, I'm only speaking specifically about my area (Pittsburgh, PA), and my apologies if this doesn't apply elsewhere. I just haven't heard as much media coverage about it as there was a little bit ago.

Anyone else noticing the same thing?
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
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Was steadily dropping in Lexington, KY to $2.53 a gallon (reg. unleaded) on Sunday. Jumped $0.42 on Monday afternoon to $2.95 per gallon. No reason given. Back to $2.87 today.

*shrugs*
 

ValkyrieofHouston

Golden Member
Sep 26, 2005
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Well I just filled up my tank here in Houston at a local Shell yesterday and the gas price was at $3.01 for regular.
 

Genx87

Lifer
Apr 8, 2002
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I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
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Oct 30, 2000
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Last week jumped $0.15 and then has started sliding back $0.05-$0.07. The jump compensated for the overall slide over the previous month.
 

2Xtreme21

Diamond Member
Jun 13, 2004
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Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
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Oct 30, 2000
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Originally posted by: 2Xtreme21
Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
And how do you determine what the "should be" price is?

 

Genx87

Lifer
Apr 8, 2002
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Originally posted by: EagleKeeper
Originally posted by: 2Xtreme21
Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
And how do you determine what the "should be" price is?

In his fantasyland where he gets to set the prices.

 

2Xtreme21

Diamond Member
Jun 13, 2004
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Originally posted by: EagleKeeper
Originally posted by: 2Xtreme21
Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
And how do you determine what the "should be" price is?

Eh same way Republicans are determining what marriage "should be."

I thought everyone was doing it nowadays! *shrugs*
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
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www.alienbabeltech.com
Originally posted by: Genx87
Originally posted by: EagleKeeper
Originally posted by: 2Xtreme21
Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
And how do you determine what the "should be" price is?
In his fantasyland where he gets to set the prices.

So what should it be at $70 a barrel???
 

NTB

Diamond Member
Mar 26, 2001
5,179
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When I left this morning, the price at my local station was $2.69; when I came back this afternoon, it was up to $2.88.

Nate
 

TXHokie

Platinum Member
Nov 16, 1999
2,558
176
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You can bitch and moan but end of the day, still gotta gas up to get to where you need to be. About the only thing you can do to retaliate is not to buy but that's not an option.
 

Genx87

Lifer
Apr 8, 2002
41,091
513
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Originally posted by: dmcowen674
Originally posted by: Genx87
Originally posted by: EagleKeeper
Originally posted by: 2Xtreme21
Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
And how do you determine what the "should be" price is?
In his fantasyland where he gets to set the prices.

So what should it be at $70 a barrel???


Whatever the market will take.


 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Genx87
Originally posted by: dmcowen674
Originally posted by: Genx87
Originally posted by: EagleKeeper
Originally posted by: 2Xtreme21
Originally posted by: Genx87
I have also noticed the price of oil has stabilized in the low to mid 70s. Amazing how that works isnt it?

Yeah it's amazing how it's a whole $1.00-$1.25 more than it should be.
And how do you determine what the "should be" price is?
In his fantasyland where he gets to set the prices.

So what should it be at $70 a barrel???

Whatever the market will take.
Come on, a number.