Two stations in town were having gas wars today

JohnCU

Banned
Dec 9, 2000
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1.59 in south cackalacky, $1.75ish here in north cackalacky, damn higher taxes
 

Kadarin

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Nov 23, 2001
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Originally posted by: JohnCU
1.59 in south cackalacky, $1.75ish here in north cackalacky, damn higher taxes

You live in a town called "Cackalacky"? :confused:
 

JohnCU

Banned
Dec 9, 2000
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Originally posted by: Kadarin
Originally posted by: JohnCU
1.59 in south cackalacky, $1.75ish here in north cackalacky, damn higher taxes

You live in a town called "Cackalacky"? :confused:

...south carolina, north carolina...
 

boomerang

Lifer
Jun 19, 2000
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Originally posted by: raildogg
What companies were they owned by or were they privately owned?
Probably owned by the same individual would be my guess.
 

JDub02

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Sep 27, 2002
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$1.54 and falling here in southern VA. I wouldn't mind it stabilizing around $1.25 for the next 10 years or so. :)
 

KK

Lifer
Jan 2, 2001
15,903
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I wish there was some way to buy options of gallons of gas.
 

rh71

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Aug 28, 2001
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sub-$2 prices is like living in a dream world... wtf happened?
 

JJ650

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Apr 16, 2000
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Originally posted by: JohnCU
Originally posted by: Kadarin
Originally posted by: JohnCU
1.59 in south cackalacky, $1.75ish here in north cackalacky, damn higher taxes

You live in a town called "Cackalacky"? :confused:

...south carolina, north carolina...

Yup. One station in Rock Hill had it at 1.55 today
 

revnja

Platinum Member
Feb 1, 2004
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Wow, we're still paying $3.2x here. $2.79 in Anchorage (300 mi away).
 

Capt Caveman

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Jan 30, 2005
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Originally posted by: mxrider
Originally posted by: Ocguy31
Originally posted by: JohnCU
paging dave mcowen

Hey, it was predicted. He just misplaced the decimal.

those damn mundane details

Posted yesterday by Dave in P&N

Originally posted by: dmcowen674
Originally posted by: miniMUNCH
I worked in the oil industry for a while...

After oil prices of the past 3-5 years and the tremendous profits hauled in, all US oil companies have plenty of cash reserves to whether out multiple years of low crude oil prices.

E.g. Exxon has pulled in record profits the past 2-3 years... they are sitting on a hoard of cash right now. Now they might have to dip into that a bit.

This is not a long term problem... it is simply the nature of the business... oil prices vary a lot on supply and demand.

Yep

They'll ride it out just fine till they shoot it back up, this time towards $200 and $10 gallon.

The forum's idiot is still predicting this and is now saying that the oil price varies due to supply and demand when he's been saying that it's 110% greed(yet won't explain why the price has dropped so much).