Gas at $1.49 a gallon. =D

[beginningbotanist420]

So there's one gas station that i always go to [Kroger's] and its usually 5-10 cents cheaper that the norm. Well 2 months ago, gas was about $4.25/gal and our city was running out of gas due to stupid EPA regulations. About a month ago, gas was still about $3.75/gal and only because new regulations let cheaper and dirtier gasoline in. Now, i filled up from almost empty for about $37 at $1.49/gal. And this wasn't even at my usual station, which is about $1.39! A month ago, the same amount of gas would have been about $100!! Gas hasn't been this cheap since before Katrina. Whether its our economy being unstable or new government policies, I know something or someone is doing something right.

So I had a good day

 

[GrowRebel]

Gas hasn't been this cheap since the illegitimate bush regime stole office ... and remember when the analysts said we would never see these prices again?

We are paying $1.56 here ...

This is absolute proof we were being seriously ripped off at the pumps

 

[urmomis100]

i never bought the bullshit that gas was high because the middle east hates us. Gas prices were high because they could be, the economy was good. Reg gas got up to $4.80 diesel $5.20 this summer in cali. Now, its $2.09 reg gas. ever since america has gone broke and cut back a couple billion gallons in gas, the price falls to nearly what it was during the clinton administration. hmmm....

 

[dhhbomb]

yep i just dont understand why gas is the most expensive in cali i hate seeing all the other states with way cheaper gas but at least we have dropped back down again thank god i can finially drive my cadillac again

 

[urmomis100]

taxes are expensive in cali. fuck who am i kidding everythings expensive in cali. but yes i remember gas being $4.80 a gallon and my pops would call me just to bitch about how gas was $4.20 in illinois and how their gettin ripped off.

 

[CrackerJax]

wow, alot of myths flying around.

It's supply and demand, nothing more. Always was...... despite what ppl tell u.

Oil companies do not SET the price of oil. they are price takers, not price makers. 87% of all oil is controlled by Govts., not private companies.....


So if EXXON was evil incarnate when gas was 5.00, are they now saints because gas is so low? Or does your logic only flow one way? Is that logic?



out. :blsmoke;

 

[urmomis100]

thats what i was sayin its suply and demand i didnt mean exxon was ripping us off i meant that the economy was good and demand was high so prices were high.

 

[CrackerJax]

No apologies required.... it's alllllll good



out.

 

[urmomis100]

No apologies required.... it's alllllll good



out.

hell yea...

 

[fdd2blk]

it's "the change". lol

 

[Dfunk]

This thread has been succesfully completed...supply & demand for the win!

 

[fdd2blk]

so less people are driving than were 5, 6, 7 years ago? BS.

 

[urmomis100]

so less people are driving than were 5, 6, 7 years ago? BS.

its not that less people are driving its that people are people are driving less or consuming less fuel. Some people drive their cars to work now instead of their trucks, to save gas. people are buying more fuel efficient cars, some go as far to ride the bus to work. Others simply cut back on how much they drive period. Research on how americans cut back on gasoline usage especially around the summertime when it was outrageous i think youll be suprised.

 

[fdd2blk]

its not that less people are driving its that people are people are driving less or consuming less fuel. Some people drive their cars to work now instead of their trucks, to save gas. people are buying more fuel efficient cars, some go as far to ride the bus to work. Others simply cut back on how much they drive period. Research on how americans cut back on gasoline usage especially around the summertime when it was outrageous i think youll be suprised.

BS, have you been on the freeway lately? if this is true there should have been NO cars on the road last month. it's dropped 3 dollars in 4 weeks. i never saw any less traffic.

 

[Doctor Pot]

It also has a lot to do with commodities futures trading. There wasn't a lot that was worth investing in in the US, so a bunch of investors were investing in commodities, ie, corn, beef, and of course, oil. The price went up astronomically, and then there was a bubble. Now that bubble burst, and we're seeing one of the few benefits of it.

Man, if anyone has any money left, now's a great time to invest in some of this stuff. Oil is definitely going to go up again soon. Gold was just at its 1.5 year low, although it's up a bunch now. Silver's at a 3-year low. Platinum is near a 4-year low, and mines are shutting down because demand is down. This is going to cut supply of course, which will lead to what? Rhodium hit $10,000 an ounce 6 months ago, and it's now trading at around $1500, another 4-year low. Palladium is down below $200 an ounce, another 4-year low. Rhodium, platinum, and palladium are all used in catalytic converters though, and follow similar demand curves.

 

[Dfunk]

I can tell you that at the very least...I have cut back my driving considerably & so have others in my family so maybe not everyone, but some people have had to cut back. I had to leave my job delivering pizza over the summer because I couldn't afford the fuel costs & I'm sure I wasn't the only person in that situation. I heard of some companies cutting the work week from 5 to 4 days to cope.

 

[fdd2blk]

what about the price of EVERYTHING going up when gas went up? you know, "delivery costs". when is the price of EVERYTHING going to drop?

it's all bullsh*t.

 

[medicineman]

i never bought the bullshit that gas was high because the middle east hates us. Gas prices were high because they could be, the economy was good. Reg gas got up to $4.80 diesel $5.20 this summer in cali. Now, its $2.09 reg gas. ever since america has gone broke and cut back a couple billion gallons in gas, the price falls to nearly what it was during the clinton administration. hmmm....

I agree with you except in the one statement, "the economy was good" It hasn't been good for more than 5 years, tolerable, but not good. Job loss has pretty much been a constant since Bush took office.

 

[urmomis100]

I agree with you except in the one statement, "the economy was good" It hasn't been good for more than 5 years, tolerable, but not good. Job loss has pretty much been a constant since Bush took office.

fair enough. how about instead of "the economy was good" well agree on the economy did not suck quite as much ass. And fdd if u dont wanna do ur research on american oil consumption than wutev.

 

[medicineman]

Man, if anyone has any money left, now's a great time to invest in some of this stuff. Oil is definitely going to go up again soon. Gold was just at its 1.5 year low, although it's up a bunch now. Silver's at a 3-year low. Platinum is near a 4-year low, and mines are shutting down because demand is down.

The rub, not many have any disposable income, and many have no income at all. This is a good time for the rich and famous, but for the majority, buying gold or silver etc. is way off base. Recession/Depression always benefits the rich.