Super User roadwarrior Posted January 7, 2015 Author Super User Posted January 7, 2015 Local issues impact prices at the pump. Weather, maintenance, delivery or a host of other problems may explain the higher prices you are seeing. However, the cost of crude continues to slide and pump prices should be trending down for everyone. Quote
Super User gardnerjigman Posted January 7, 2015 Super User Posted January 7, 2015 1.84 in NE Kansas this morning Quote
Super User *Hootie Posted January 7, 2015 Super User Posted January 7, 2015 Depending on where you buy it in Cincinnati, some are the same, some went up .10-.20 cents. Hootie Quote
Super User retiredbosn Posted January 7, 2015 Super User Posted January 7, 2015 We are stronger and our enemies weaker. Right on, best comment on the thread, OPEC started this to put us out of supplying oil. Never bite the hand that feeds (and defends) you. Quote
Super User slonezp Posted January 8, 2015 Super User Posted January 8, 2015 Dropped like a rock today. $2.59 in Chicago and I just paid $1.99 in the burbs Quote
Super User SirSnookalot Posted January 8, 2015 Super User Posted January 8, 2015 Overview from Bloomberg http://www.bloomberg.com/news/2015-01-07/oil-at-40-means-boon-for-some-no-ice-cream-for-others.html We are stronger and our enemies weaker. Just the ebb and flow of business. Saudis are doing nothing different than a Home Depot selling goods cheaper than a local hardware store, how many Mom & Pop stores are left. The list of big box companies putting price pressure on small stores is never ending. Many American corporations make many products off shore simply because there is more profit. Economics is the driving force, civic responsibility regarding the labor force is not. It appears to me anyway the strength lays with the Saudis, they can afford to pump and sell oil cheaper than most other countries. They have deep pockets and can sell a product everyone needs at a cheaper price, that's pretty strong. As with all commodities prices will always rise and fall, in the end it's supply and demand. 1 Quote
Super User RoLo Posted January 9, 2015 Super User Posted January 9, 2015 Lake Wales, FL: $2.20 Roger Quote
Super User Long Mike Posted January 9, 2015 Super User Posted January 9, 2015 Having spent most of my career in the oil industry, I can say with a fair degree of certainty, that a prolonged gross reduction in the price of oil will have an adverse impact on the industry as a whole. If the oil companies cannot make a profit at the current prices, then wholesale cost reductions will occur, which means the loss of tens of thousands of jobs. Many of you are too young to remember the carnage that took place in the eighties when the same events that we are experiencing today occured. Many cars in Houston, which was, and still is, the oil capital of the U.S., were sporting a bumper sticker which read "Will the last person leaving Houston please turn off the lights." I hate to think that it might happen again. 2 Quote
Super User clayton86 Posted January 9, 2015 Super User Posted January 9, 2015 2.75 today in wny. I'll swing by the rez after drill Sunday to fill up where it's tax free and watered down lol. They are usually 30-50 cents cheaper depending which one you go to. Quote
Super User Sam Posted January 10, 2015 Super User Posted January 10, 2015 Friday, January 9, 2014 COSTCO in Chesterfield County, Virginia (outside Richmond) $175.9 And the lines were four and five cars deep. Quote
Super User Sam Posted January 10, 2015 Super User Posted January 10, 2015 Long Mike, it could happen again. Quote
Super User F14A-B Posted January 10, 2015 Super User Posted January 10, 2015 The Fracking industry may go bust before long, there is talk about oil as low as 10 a barrel.. However, these cheap prices will NOT last, if they make it thru summer I will be surprised. Folks get spoiled easy... It's going to be a quick rise(cost) as well. Texas, yup, they are going to crash. Again... Bubbles always burst...at any rate enjoy it while it last... Quote
Super User RoLo Posted January 10, 2015 Super User Posted January 10, 2015 enjoy it while it lasts... Just installed a 5000-gallon tank, the gas truck is coming tomorrow Quote
Super User F14A-B Posted January 10, 2015 Super User Posted January 10, 2015 Just installed a 5000-gallon tank, the gas truck is coming tomorrow Sounds right, my Grandfather had a few smaller tanks he bought during the oil embargo, well, I guess thru out the 70's whereby he could ensure that he had fuel. It wasn't exactly a cost saving measure, but a convenience or perhaps to ensure he and extended family could access fuel. Geez, I remember stations out of fuel, with delivery, days away.. Tough times! Quote
Super User Sam Posted January 12, 2015 Super User Posted January 12, 2015 RoLo, above ground tank? Quote
Super User roadwarrior Posted January 12, 2015 Author Super User Posted January 12, 2015 Free-fall? WTI $45.62 Memphis area pump prices $1.69-$1.76 Quote
cbass12 Posted January 12, 2015 Posted January 12, 2015 $1.79 in Gardner, KS yesterday. Cost me $40 for just over 3/4 of a tank in my truck. Quote
Super User HoosierHawgs Posted January 12, 2015 Super User Posted January 12, 2015 Starting to go back up around here. It may have bottomed out, but I sure hope not. When it comes to being in highschool, I have a very limited budget, and would like to not have to blow it all on gas. I don't think the everyday American enjoys paying top dollar for it either. Quote
Super User retiredbosn Posted January 12, 2015 Super User Posted January 12, 2015 $1.85 in Aiken, SC on Saturday Jan 10 Quote
Super User Jrob78 Posted January 12, 2015 Super User Posted January 12, 2015 $1.75 today in Dallas. Quote
Super User RoLo Posted January 12, 2015 Super User Posted January 12, 2015 Lake Wales, FL: $2.11 Roger Quote
Super User SirSnookalot Posted January 13, 2015 Super User Posted January 13, 2015 Oil dropped about 4.7% yesterday and another volatile day on Wall Street. Until there is some stability in the price of oil, there will be market jitters. On the bright side, the bass were on fire yesterday. Quote
Super User roadwarrior Posted January 13, 2015 Author Super User Posted January 13, 2015 WTI $44.20 Quote
Super User clayton86 Posted January 13, 2015 Super User Posted January 13, 2015 2.71 in Albion NY it's right between buffalo and Rochester. Cheapest I've seen yet..... Quote
Super User roadwarrior Posted January 13, 2015 Author Super User Posted January 13, 2015 Geez...It's tough living in New York. Quote
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