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Gas Prices

Big_Kahuna

By Big_Kahuna
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txab Senior Enthusiast

txab

Posted
Posted

36 hrs ago price in my area was $2.49. Something made it jump. In a week it'll be back around $2.50 again

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diyer2
diyer2

Worked at a full service gas station in high school with 2 bays for repairs. Mechanical pumps, cheap oil in cardboard quarts and mostly cash sales. Gas rarely went over 30 cents a gallon for regular. 

Grumpy Bear
Grumpy Bear

Now we are in my wheelhouse     Any refinery that can run sour crude can and does process sweet. Just can't do it as efficiently. Fact, no refinery in the USA processes ONLY sour crude. They

txab
txab

Again politics is not a subject for the site. It's specifically mentioned in the site rules. People are only going to argue.   Gas price listing are fine without all the political comment.

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Atlas Senior Enthusiast

Atlas

Posted
Posted (edited)

2,000 mile roadtrip around the Mountain West over the last 10 days, and diesel has been in the almost-4's. I think total gallons consumed was ~250. Better than the upper left where it's solidly in the mid-4's. We've also bought a few tanks of gas on this trip, 91 ethanol free in Utah was just under $4/gallon.

Edited by Atlas
Grumpy Bear Senior Enthusiast

Grumpy Bear

Posted
Posted

Saw my first sub $2.90 price in a very long time around here. 1/10 under but under. That just made the spread wider as many others are still $3.39

diyer2 Senior Enthusiast

diyer2

Posted
Posted

In our small town, $3.06. Filled up in the big town due to doctors visit, $2.90.

richard wysong Senior Enthusiast

richard wysong

Posted
Posted

Dsl mid $4s here, I saw $2.77 reg this am, hope it's a sign that it's dropping again

OnTheReel Senior Enthusiast

OnTheReel

Posted
Posted

I’ve been waiting for this. First “1” I’ve seen in front of any fuel price in a LONG time.IMG_0435.thumb.jpeg.02f27fcd106d6b2cd0549ec8088ce6d3.jpeg

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richard wysong Senior Enthusiast

richard wysong

Posted
Posted

$2.71 cash /regular at the truck stop ,diesel still all over the place from $3.40s to almost $5

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      Gas Prices

      By Atlas · Posted

      I understand that. The price is what it is, though. The price is what oil costs today, where our choices have led us, where supply is, and where demand is, in the market that is. Speculation is for futures, what we think the price will be, but with incomplete information at the time the price is forecast. I know you know this, but you appear to be intent on making a secondary point here about what you think the market could or should be, if only other choices.   In 1975 it became illegal to export US Crude. I'm conflicted on what the best answer is. Free markets allow export in pursuit of profit. But there is also a lot to gain by producing and consuming our own oil here. How do you reconcile it?
    • Grumpy Bear
      Gas Prices

      By Grumpy Bear · Posted

      That sir is a choice. And even if it were not for all the reasons stated, this disruption has zero to do with the reality of the actual logistics and everything to do with the greed of SPECULATION. Spot price is irrelevant to reality. 
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      Gas Prices

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      What I think you're saying is there is supply here at home, and in Venezuela, and we could ease pricing if only it were favorable to do so.   Well, yes?   But that's not the current market. Supply isn't what could someday exist, if only, it's what producers are willing to produce and sell at a certain price point.   The national price of single family homes would come way down if we'd just slap together a few million homes this summer.   RAM and GPUs would get a lot cheaper if we just set up some factories to produce a bunch more and stopped using it to build out AI data centers.    
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