I got fuel for less than $4/gal usd yesterday!!! $3.93 for 87 to be exact.

 

Yup. I paid 3.84 in Littleton Colorado. Funny that under 4.00 feels like a deal...🤪

 

I am not getting excited. It will go up again.

Wayne

 

While it's a good thing for gas prices to drop, it's still too expensive. It'll get cheaper as recession fears start to deepen. Someone is taking credit for the drop and has nothing really to do with its dropping as they really didn't do anything about it, as I still got a feeling it's going to go up again. Pay no nevermind to last month's jobs report. And watch the layoffs starting in the coming months. Job participation rates are lower than the pandemic levels, and inflation is still roaring ahead.

Enjoy this dip while you can. Strange thing is, normally recession fears drive the oil futures way down, but the refining capacity is about maxed out, and even OPEC isn't going to do much if anything about raising output, so even so, fuel demand isn't being destroyed as much as it normally would be. This means the prices are still going to remain higher than they should be for a good stretch. It's very likely going to go back up at the pumps too. I don't want it to, but I'm thinking it will.

 

3.73 on my way home today.

 

Hmm just in time for November elections, what a coincidence.

 

$3.79 for low octane regular @ Shell station today.

 

$3.59 in Red Oak, Texas today from a low of $2.65 before the Ruskies war. And yes, it will go back up.

 

Let's please not make this political.

 

Too late! I'd like to see proof of the correlation.

 

Funny how this happens over and over again.

 

drive 10 miles down here to Waxahachie, it's in the 3.40's, save you some pennies per gallon.

 

Every time I read about Waxahachie it reminds me of when I was in the trucking world. I shipped So many loads out of Dart container...