Gas Prices

[txab]

Down to $2.63 today

[Booger T]

$2.89 for gas most places around me, Diesel has jumped 20 cents to $3.29 just past day.

[txab]

$2.59 at my location

 

Denton Tx went from $2.77 Thursday to to $2.99 Friday, then $2.69 today, Saturday

Edited April 6, 2025 by txab

[CamGTP]

Paid $2.81 for 88 octane today.

 

Almost warm enough to start running E85 for the summer, no idea what that is priced at right now.

[Grumpy Bear]

Gap narrowed. $3.29 to $3.49. We must live in a vacuum. We are a buck a gallon over Texas. That isn't supply and demand. That's Grab and Greed. LOL. 

[KARNUT]

2.59 at Krogers 

[richard wysong]

$2.71 0n the hi-way, down from $2.75, less for cash some places

[txab]

$2.57

[Grumpy Bear]

$3.55 here today. Guess I live in a different country.  Or my area is just extra greedy. 

[txab]

have you been given the excuses, refinery maintenance or switching from winter to summer blend. That's usually what I hear around May

[Grumpy Bear]

1 minute ago, txab said:

have you been given the excuses, refinery maintenance or switching from winter to summer blend. That's usually what I hear around May

 

That is usual yes but this time it's tariffs. Most of our crude is Canadian. They don't have much to say when I mention crude is down double what the tariffs added.  Just greedy little whippersnappers. 

[customboss]

Pueblo CO Maverik E15 $2.79

[Grumpy Bear]

Not down to our recent lows but under $3.20 in enough places to make the look worth the while. 

[customboss]

From seeking alpha : 

Stocks and bonds are continuing their wild swings as "Liberation Day" tariffs from the U.S. formally went into effect just after midnight. Those include varying rates, from universal tariffs of 10% to a whopping 104% levy on imported goods from China. Nearly every asset class has been impacted by the news, but one of the biggest stories coming out of the tariff drama is not getting as much attention. 

Slippery out there: Oil prices have extended their recent slide, dropping firmly below the $60 per barrel mark. At the time of writing, WTI crude (CL1:COM) is down 4.3% to $57.02/bbl, which is nearly 30% lowerthan the $80/bbl seen just before President Trump took office. It also comes days after OPEC+ hiked output for the group, which prompted the Saudis to immediately cut prices after previously signaling a planned dividend cut from state-backed energy giant Saudi Aramco. 

The news could hit other oil-based economies amid concerns about global energy demand. On the flip side, it might be a boon for consumer-driven economies, like the U.S., which can see lower prices at the pump during a time when there are fears about resurgent inflation. It's also despite renewed sanctions on Iran and Venezuela, with Goldman Sachs warning that Brent oil (CO1:COM) could even fall below $40in an "extreme scenario" due to OPEC opening the taps and a worldwide GDP slowdown from American tariff policy. 

Thought bubble: While trade negotiations could have happened earlier, President Trump likely wants countries to experience what the pain can look like before any agreements. That could give additional leverage in coming discussions and a stark reminder that he is set on his trade agenda at all costs. The maximalist position also grants the ability to see what countries across the globe can offer and then demand those favorable concessions from any number of trading partners.

 

[richard wysong]

Down a few more cents this am , $2.68 hi-way, 1 place $2.63 cash