Gas Price Watch

Discussion in 'The OT' started by Doug Brott, Dec 4, 2008.

  1. jimmie57

    jimmie57 Hall Of Fame

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  2. jimmie57

    jimmie57 Hall Of Fame

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    Gas $2.35 at the local Shell station in Texas City, TX.
     
  3. Dec 1, 2014 #1683 of 2045
    jclewter79

    jclewter79 Hall Of Fame

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    2.39 and dropping in Gainesville tx
     
  4. Dec 3, 2014 #1684 of 2045
    SayWhat?

    SayWhat? Know Nothing

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    Sub-$50 Oil Surfaces in North Dakota as Regional Discounts Swell
    Businessweek - ‎1 hour ago‎



    Oil market analysts are debating if oil will fall to $50. In North Dakota, prices are already there. Crude sold at the wellhead in the Bakken shale region in North Dakota fell to $49.69 a barrel on Nov. 28, according to the marketing arm of Plains All American
     
  5. Dec 3, 2014 #1685 of 2045
  6. Dec 3, 2014 #1686 of 2045
    murry27409

    murry27409 Member

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    $2.51 Sussex, NJ
     
  7. Dec 4, 2014 #1687 of 2045
    jimmie57

    jimmie57 Hall Of Fame

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    Copied from article on CNN.

    Remember how excited you were when the price of gasoline dropped below $3 a gallon? Now, for a few lucky drivers, its price has fallen below $2.
    The lowest gas in the nation could be found at the OnCue gas station on 44th and Shields in Oklahoma City. Regular gas was selling for just under $2 there on Wednesday. According to Tom Kloza, chief oil analyst for the Oil Price Information Service and GasBuddy.com, other parts of the nation will soon see similarly cheap gas prices.
     
  8. Dec 4, 2014 #1688 of 2045
    longrider

    longrider Well-Known Member

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    In the Parker, CO area a lot of stations went from $2.79 to $2.59 in just a week. That is the biggest drop in a week I have seen. This is starting to remind me of 2008 where gas quickly fell drom $4.00 to $1.45 It did go back up fairly quickly but the increase stopped at the mid $2s and stayed there through 2009 and 2010. Lets hope that happens again
     
  9. Dec 4, 2014 #1689 of 2045
    AntAltMike

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    But percentage-wise, it is like gas dropping just 2 cents a gallon in the 1960s, which was a common increment for a price change in that price stable era.

    Meanwhile, our lowest priced, suburban Maryland stations are down to $2.61.9. I sure wish I needed to drive more...
     
  10. dettxw

    dettxw MRVing

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  11. longrider

    longrider Well-Known Member

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    We are not that far off in my section of the Denver area. Costco is $2.23 and just about everybody in Parker is $2.49 or less
     
  12. AntAltMike

    AntAltMike Hall Of Fame

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    Down to $2.37.9 in Suburban Maryland, at the low price mid point between Washington, DC and Baltimore. Now I have to drive around for a few hours so I get to fill up again!

    I haven't studied the economics of this, but at $60 a barrel for oil, the fracking companies may not be able to service their debt and will go bankrupt. That will not stop their operation of existing drainage, because the receiver of the assets only has to cover his marginal costs, but at some point, the drainage area does become drained or depleted and then more drilling has to be capitalized.
     
  13. murry27409

    murry27409 Member

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    $2.33, Sussex, NJ
     
  14. mexican-bum

    mexican-bum "Jack Of All Trades, Master Of Some"

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    $1.89 in OKC
     
  15. seern

    seern Well-Known Member

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    Most stations in the Richmond, VA area are below 2.20 and a few are now under 2.10.
     
  16. dmspen

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    In my neck of the woods we got excited because gas was down to $2.65 yesterday.
     
  17. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    If you were to put your (approximate) location in your Profile, we wouldn't wonder where your woods are.... :)
     
  18. AntAltMike

    AntAltMike Hall Of Fame

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    Whose woods these are, I think I know.

    His house is in the vlillage, though...
     
  19. dettxw

    dettxw MRVing

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    gasprices17Dec14.PNG
     
  20. Laxguy

    Laxguy Honi Soit Qui Mal Y Pense.

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    Monterey...
    Heh. Your location marker is one of the best on the board.....
     

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