Gas Prices

[Paul]

Agreed! Fortunetly, I don't work at the gas station! I's just sleep there.

Noich...noich...noich...drinkin' beeahs...schmokin' weed......

 

[andyzee]

Noich...noich...noich...drinkin' beeahs...schmokin' weed......

Love that movie! Price dropped some more today $1.97

 

[ctenidae]

Love that movie! Price dropped some more today $1.97

Better fill up the tank- OPEC's going to approve a 1M bpd cut.

 

[andyzee]

Better fill up the tank- OPEC's going to approve a 1M bpd cut.

I got concerned last week because they were supposed to cut back. Either they didn't cut back, or it didn't make a difference. Regardless, I have almost a full tank, so tonight I'll have to drive around to run it down so that I can get this cheap gas!

 

[FRITOLAYGUY]

2.19 here iN Ct is the cheapest ive seen.

 

[ctenidae]

I got concerned last week because they were supposed to cut back. Either they didn't cut back, or it didn't make a difference. Regardless, I have almost a full tank, so tonight I'll have to drive around to run it down so that I can get this cheap gas!

Now, that's consumerism I can get behind!
Last week they floated the idea they'd cut, and the Saudis reccomended the cut today, so it'll happen soon.

 

[andyzee]

Now, that's consumerism I can get behind!
Last week they floated the idea they'd cut, and the Saudis reccomended the cut today, so it'll happen soon.

I"ll drive fast

 

[roark]

OPEC Cuts Production 4% to Prop Up Prices

...

OPEC producers sought to reassert their grip on falling oil markets on Thursday by backing a production cut of 1.2 million barrels a day, and suggested more reductions could follow this year to prop up sagging prices.

...

''What we are trying to do is get the market in balance,'' Mr. Naimi told reporters shortly after landing in Doha.

''There is disequilibrium between supply and demand,'' he said. ''We are trying to bring back the market to its normal equilibrium, and the price will take care of itself.''

Yeah, a cartel is striving for "balance"...:roll:

 

[ctenidae]

Yeah, a cartel is striving for "balance"...:roll:

Sure- prices balanced around $60/bbl, of course. I never really thought about it this way, but Saudi Arabia does fine with oil around $50, but Indonesia and Venezuela have some cash problems if it's below $60. In other words, the Saudis could really screw the little guys by not cutting production.

 

[andyzee]

Just heard on the news that the prices of crude oil have dropped steeply. http://biz.yahoo.com/ap/061020/oil_prices.html?.v=21

 

[roark]

Just heard on the news that the prices of crude oil have dropped steeply. http://biz.yahoo.com/ap/061020/oil_prices.html?.v=21

Ahh... game theory at work!

 

[shrederjen]

I saw it for $1.93 at 2 stations, today.
Too bad, I don't put regular in the beast!

 

[andyzee]

$1.95 over the weekend. Hey OPEC, can you cut production some more please

 

[andyzee]

$1.95 over the weekend. Hey OPEC, can you cut production some more please

Sux, prices have been inching up again. On the average I notice about 10 cents a gallon from the previous low. But, it's still better than:

Posted: Sept. 12
Yes it can, happens every year. Don't stations change the gas they use during the summer to a different typ? Also, people driving more in the summer. Oh, $2.47 for regular by my house today.

Also, the good news, I brought stock in Valero, trying to cover all bases