Gas Prices

[Maleficus]

lowest I've seen paid is 1.75 a couple days ago.

Corpus Christi, Texas

 

[CalvinHobbes]

Granted I haven't been out in a few days, I don't think we're below $2.20 here. It was $2.39 on Friday.

 

[DrPizza]

They're finally launching an investigation into the gas prices in Western, NY. Apparently they're paying attention to the data of how fast prices have gone up when oil goes up, and how fast they go down when oil goes down, and this time, they're scratching their heads wondering why prices still aren't going down anywhere near as quickly as they've gone down in the rest of the nation.

 

[Megatomic]

$2.57 here in upstate NY. But it beats $4.00 like it was a few months ago.

 

[Megatomic]

Originally posted by: DrPizza
They're finally launching an investigation into the gas prices in Western, NY. Apparently they're paying attention to the data of how fast prices have gone up when oil goes up, and how fast they go down when oil goes down, and this time, they're scratching their heads wondering why prices still aren't going down anywhere near as quickly as they've gone down in the rest of the nation.

I hadn't heard this, but I'm glad to know it's happening. I like those $1.xx prices other people are posting about.

 

[rezinn]

I paid 1.99 last week. I'm saving about $50 a month with gas being this low, not life changing but it makes me happy to not spend so much when I fill up.

 

[child of wonder]

Just filled up for $1.73 in Sioux Falls, SD.

 

[Random Variable]

For gasoline prices to remain low, the economy has to continue to suck (or suck even more). That's not a great situation to be in.

 

[Rudee]

Originally posted by: Eli

Originally posted by: 0roo0roo
prius owners crying lol

I get better gas mileage than a Prius, and I'm not crying. It still saves me money overall.

I could go to work and back for 2.5 months on a tank(10 gal).

20$ for gas getting to/from work every 2.5mo FTW!

Got you beat. I work from a home office and don't pay a dime for commuting costs. Just wake up and walk around the corner to my office and fire up my computer FTW!!

 

[MotionMan]

Originally posted by: Random Variable
For gasoline prices to remain low, the economy has to continue to suck (or suck even more). That's not a great situation to be in.

I am not sure that I ahve seen that. Can you point me to a source that supports that theory?

MotionMan

 

[amdhunter]

Places here in NYC that are still in the $3 range.

 

[Newbian]

Originally posted by: Rudee

Originally posted by: Eli

Originally posted by: 0roo0roo
prius owners crying lol

I get better gas mileage than a Prius, and I'm not crying. It still saves me money overall.

I could go to work and back for 2.5 months on a tank(10 gal).

20$ for gas getting to/from work every 2.5mo FTW!

Got you beat. I work from a home office and don't pay a dime for commuting costs. Just wake up and walk around the corner to my office and fire up my computer FTW!!

You actually have to get out of bed?

Pssh way to much work...

 

[Imdmn04]

Originally posted by: MotionMan

Originally posted by: Random Variable
For gasoline prices to remain low, the economy has to continue to suck (or suck even more). That's not a great situation to be in.

I am not sure that I ahve seen that. Can you point me to a source that supports that theory?

MotionMan

Just look at the stock market and compare it to the oil prices daily.

The correlation is definitely there, especially for the last year or so.

When stock market tanks, oil traders get into the panic mode and thinks the economy is going down the shitter. When people anticipate economy going down the shitter, they anticipate less oil demand, thus the prices will go down.

 

[MotionMan]

Originally posted by: Imdmn04

Originally posted by: MotionMan

Originally posted by: Random Variable
For gasoline prices to remain low, the economy has to continue to suck (or suck even more). That's not a great situation to be in.

I am not sure that I ahve seen that. Can you point me to a source that supports that theory?

MotionMan

Just look at the stock market and compare it to the oil prices daily.

The correlation is definitely there, especially for the last year or so.

When stock market tanks, oil traders get into the panic mode and thinks the economy is going down the shitter. When people anticipate economy going down the shitter, they anticipate less oil demand, thus the prices will go down.

Are you talking about just in the last five years or for all history?

MotionMan

 

[Dman877]

I don't really notice gas prices. Gasoline is such a small part of my monthly expenses that whether it's 2 or 4 dollars, it doesn't impact me in any meaningful way. Of course, I only drive about 200 miles a week.

 

[Eli]

Originally posted by: Dman877
I don't really notice gas prices. Gasoline is such a small part of my monthly expenses that whether it's 2 or 4 dollars, it doesn't impact me in any meaningful way. Of course, I only drive about 200 miles a week.

That's over 800mi/mo.

Assuming your car gets 30mpg, which is above average, that's 106$/mo at 4$ a gallon and 53$ at 2$/gal.

I guess +-50$ isn't that significant, but it's still noticeable...

 

[secretanchitman]

2.15 now.....man ill be surprised when its under $1.50...

 

[KoolDrew]

Gas is around $2.29 here.

 

[Dumac]

$2.41 here in Los Angeles, however it's been dropping pretty regularly. Yesterday it was $2.45.

 

[Flash1969]

Saw it for $1.59 last night here in the Kansas City area

 

[JujuFish]

$2.65 when I got gas a couple days ago.

 

[AccruedExpenditure]

Originally posted by: Imdmn04

Originally posted by: MotionMan

Originally posted by: Random Variable
For gasoline prices to remain low, the economy has to continue to suck (or suck even more). That's not a great situation to be in.

I am not sure that I ahve seen that. Can you point me to a source that supports that theory?

MotionMan

Just look at the stock market and compare it to the oil prices daily.

The correlation is definitely there, especially for the last year or so.

When stock market tanks, oil traders get into the panic mode and thinks the economy is going down the shitter. When people anticipate economy going down the shitter, they anticipate less oil demand, thus the prices will go down.

During the boom of 98-00, oil prices were close to record lows.

 

[lokiju]

I just filled up for $1.82 today.

 

[DrPizza]

Originally posted by: Dman877
I don't really notice gas prices. Gasoline is such a small part of my monthly expenses that whether it's 2 or 4 dollars, it doesn't impact me in any meaningful way. Of course, I only drive about 200 miles a week.

It's impossible not to have noticed gas prices during the past year if for no other reason than everyone's constantly talking about gas prices.

 

[Googer]

Originally posted by: 0roo0roo
prius owners crying lol

No, rejoice!