Holy Gas Guzzler, Batman! Gas is under $1 a gallon!
#1
Holy Gas Guzzler, Batman! Gas is under $1 a gallon!
In Michigan. 78.9 cents per gallon. Have to go back to the late 1970s to see an average U.S. price this low.
http://www.fox5ny.com/news/76795410-story
http://www.fox5ny.com/news/76795410-story
#3
It's due to a price war, apparently, and the price probably won't stay that low, at least for now, but it's still amazing to see.
We're at about $1.80 here now, with a station or two down in the $1.60 range. I'm really not complaining. That's half or less what we were paying not very long ago.
We're at about $1.80 here now, with a station or two down in the $1.60 range. I'm really not complaining. That's half or less what we were paying not very long ago.
#5
I filled up yesterday for $1.57 at Walmart about 12 miles from home. Sure a long ways down from it's peak @$3.99 around here. Guess now is time to top off the '55 with high test no ethanol. I believe it was under the $2.00 mark! Larry
#7
Wow! Thats cool to see. We're $2.09 at the cheapy stations. But filling the tank in my work car was $33 the other day vs. the $60 that it used to be. I hope the oil glut lasts a long long time
#11
And we're happy over here because it's below £1 per liter, about $5.70.
For the first time in nearly 40 years diesel is cheaper than gas too. How are diesel prices compared with gas in North America?.
Roger.
For the first time in nearly 40 years diesel is cheaper than gas too. How are diesel prices compared with gas in North America?.
Roger.
#13
For the first time in nearly 40 years diesel is cheaper than gas too. How are diesel prices compared with gas in North America?.
Anyway, for the first time I can remember, diesel was less expensive than regular.
Here in Northern VA, the cheapest I've found is $1.94. In L.A. last week, I paid $2.99 to fill the rental car (no, that was not the gas station next to the airport, either).
#15
Yeah I can't wait till spring when I start filling up my now BBO powered cutlass. I recently changed trucks and filling my now 25 gallon tank cost me less than filling my old 17 gallon tank it's great!
Idk about diesel prices but I notice the mid and premium grade prices have a bigger disparity w the lowest grade gas. Used to be mid was 10 cents more and premium was 20 cents more than low grade but now I see premium is 50 cents more! And mid grade is 20-25 cents more than lowest grade gas ?
Idk about diesel prices but I notice the mid and premium grade prices have a bigger disparity w the lowest grade gas. Used to be mid was 10 cents more and premium was 20 cents more than low grade but now I see premium is 50 cents more! And mid grade is 20-25 cents more than lowest grade gas ?
#16
Just back from the Southern California desert. Gas there varied between $2.79 and $3.25. On the way home up the coast we saw lows of $2.09 in Oregon and highs of $2.59 in Washington.
At home on Vancouver Island (if I've done my math correctly) it works out to about $3.18 (USF) a gallon. Not as bad as I would have thought.
At home on Vancouver Island (if I've done my math correctly) it works out to about $3.18 (USF) a gallon. Not as bad as I would have thought.
#17
Guys:
Gas in the central Ohio area is $1.34-$1.55 a gallon, it just got cold enough to start buying kerosene, it is $2.50 a gallon compared to $4.39 a gallon last year. Hopefully prices stay low for awhile, that way the Wife and I can go cruising this summer for approx $25.00 a night instead of $35.00-$45.00 a night, the Big Block really like the gas!!
Thanks, Ron
Gas in the central Ohio area is $1.34-$1.55 a gallon, it just got cold enough to start buying kerosene, it is $2.50 a gallon compared to $4.39 a gallon last year. Hopefully prices stay low for awhile, that way the Wife and I can go cruising this summer for approx $25.00 a night instead of $35.00-$45.00 a night, the Big Block really like the gas!!
Thanks, Ron
#18
I was in Columbus a month ago and paid $1.78, so it's dropping. The price at that particular station actually went down about $0.10 a gallon during the few days that I was there. Quite a change from my trip to L.A. a year ago when the gas station across the street from my hotel raised prices $0.20/gal the first day and another $0.10 the next!
#20
#21
The VAST majority of Americans will see a benefit as money they don't spend on gas is money they can save or spend on lots of other things. That will only be a boost as people going out and buying things is two-thirds of our economy. Plus, there is less price pressure on everything we buy since almost everything we buy in a store gets there by truck and/or rail, both of which are powered by oil-derived fuels.
For decades we have lamented the high cost of oil and everything derived from it and how we're sending all this money year after year and decade after decade to the OPEC countries contributing to our huge trade imbalance. Now, finally, in the second decade of the 21st century, we're seeing the situation change to the good of our country. Rather than hailing that as a great achievement, which it is, we have to find something in the situation to complain about.
#22
Yeah. That's the drawback. The low prices are great for us saving a few dollars per tank, but it's killing the US domestic oil production & its employment. Look at North Dakota & Texas. They've lost 100,000 decent/good paying jobs in the last 1.5 years or so due to the price drop.
#23
#24
But this is definitely seeing the glass as half empty. It's not going to "trash" the economy at all. Yes, there will be losers in the oil patch. The oil business is historically boom and bust. Lots of people work in petroleum-related fields, but a lot more don't.
The VAST majority of Americans will see a benefit as money they don't spend on gas is money they can save or spend on lots of other things. That will only be a boost as people going out and buying things is two-thirds of our economy. Plus, there is less price pressure on everything we buy since almost everything we buy in a store gets there by truck and/or rail, both of which are powered by oil-derived fuels.
For decades we have lamented the high cost of oil and everything derived from it and how we're sending all this money year after year and decade after decade to the OPEC countries contributing to our huge trade imbalance. Now, finally, in the second decade of the 21st century, we're seeing the situation change to the good of our country. Rather than hailing that as a great achievement, which it is, we have to find something in the situation to complain about.
The VAST majority of Americans will see a benefit as money they don't spend on gas is money they can save or spend on lots of other things. That will only be a boost as people going out and buying things is two-thirds of our economy. Plus, there is less price pressure on everything we buy since almost everything we buy in a store gets there by truck and/or rail, both of which are powered by oil-derived fuels.
For decades we have lamented the high cost of oil and everything derived from it and how we're sending all this money year after year and decade after decade to the OPEC countries contributing to our huge trade imbalance. Now, finally, in the second decade of the 21st century, we're seeing the situation change to the good of our country. Rather than hailing that as a great achievement, which it is, we have to find something in the situation to complain about.
I just think it sucks that people celebrate over saving ten bucks a week or so when it means that Americans, just like them, lose their jobs. It's more than oil patch people; it's like most heavy industry. CAT is laying off a bunch of people.
#28
lol, It is hurting my economy sort of.... A guy that is interested in my car is an oil man and he had to cut back on his toys a little.
#29
its all out of our control anyway...you can worry..bust *****...cuss about..argue your view....or what ever...but why waste your time worrying about it...the only way you can stop is to stop using oil..and that prob aint gonna happen
real world in my neighborhood....theres people that cant eat or buy enough food when gas is sky high.....and have to decide between gas or medicine too..so, they are getting some relief..good or bad short term..i dont care...they are getting some relief finally..i live among many many elderly...and they where hit hard in the last decade...
real world in my neighborhood....theres people that cant eat or buy enough food when gas is sky high.....and have to decide between gas or medicine too..so, they are getting some relief..good or bad short term..i dont care...they are getting some relief finally..i live among many many elderly...and they where hit hard in the last decade...
#30
Lets see if I have this right, you guys have posted average prices in the US is around the $1.50-$3.00 mark? At 3.785 litres to the US Gallon = .39c -.79c a litre!
Best I have seen is a $1.10ltr add in the exchange rate and I think im being done over lol
Time to pack my bags I think!
Best I have seen is a $1.10ltr add in the exchange rate and I think im being done over lol
Time to pack my bags I think!
#31
Anybody remember a few years ago when gas was $4.00 a gallon, how the airlines added "fuel surcharges" to keep themselves solvent?
Anybody remember them eliminating those surcharges?
- Eric
Anybody remember them eliminating those surcharges?
- Eric
#34
#36
When they get to the point of better profits I bet they will. The first one to do it is going to get more customers and then the next one will just to compete.
#37
Fuel surcharges on freight has not been eliminated by most trucking companies! And anyone see quarts of motor oil or any other oil drop enough to come even 1/4 way close to what the barrel of oil has done?
Fuel station across from gym was $1.46/gal. last night.
Pat
Fuel station across from gym was $1.46/gal. last night.
Pat
#39
i remember 2008..the day i left indiana for the last time while moving to kansas city..there was a storm and it was bad..all the power was out etc..and gas went to 5.99.9 per gallon..in the only gas station in town that had power....what a dousche bag to screw his faithful customers..over there they called it trading..and every one traded at the same place all the time..it was customary to do that
it took 3 hrs to get thru the line..it was terrible..and i believe the station was sued by the state for gouging...that was a 180 dollar tank of gas...and i had to pay or sit in indiana..
later, at the indiana state line to illinois it was 3.99.9.......what a terrible time to own a 10 mpg work truck...lol
it took 3 hrs to get thru the line..it was terrible..and i believe the station was sued by the state for gouging...that was a 180 dollar tank of gas...and i had to pay or sit in indiana..
later, at the indiana state line to illinois it was 3.99.9.......what a terrible time to own a 10 mpg work truck...lol
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