Gas prices updates.

[SouthernBornThriller]

Bah...damn gas shortage we had here is still being milked apparently.

A couple stations around here still don't have premium and the lowest within reasonable distance to me is 2.59 for reg. Been fluctuating 2.49-2.79 up and down everyday for the past couple weeks.

Lowest I've seen period was 2.33, and that was a good hour or so away.

[third_shift|studios]

TSS for me b-day tommorow i want a pot of gold and for you to shake your magic shalele(sp?) and make gas go down to 99 cents...

i would then go into more debt and buy a engine cover set if you did

keep wishin'

[third_shift|studios]

I disagree. $2 a gallon for gas is cheap. I was paying 1.39 for 89 octane way back in 1980, it was hard to scrounge up $5 for gas then for an evening of cruising. If it kept up with inflation, it would be around $4.10 a gallon, so this is why I say $2 a gallon is cheap.

considering my salary, nor my wife's has gone up in 4 years, i disagree. By gone up, i mean increased according to inflation.

[980birds]

1.97 gallon for regular. Gas at $2 a gallon is about the right price for it. If it, and oil continue to fall there will be alot of oil and gas company's starting to lay people off. Hell, Chesapeake Energy already is.

[raynor139]

1.97 gallon for regular. Gas at $2 a gallon is about the right price for it. If it, and oil continue to fall there will be alot of oil and gas company's starting to lay people off. Hell, Chesapeake Energy already is.

Its funny that they are laying people off when once again this quarter oil companys posted the highest ever record profits.

[Too Fast]

considering my salary, nor my wife's has gone up in 4 years, i disagree. By gone up, i mean increased according to inflation.

Well you got me there, my pay has been stagnant the last 6 or so years also. At least next year I get 5 weeks vacation. (20 years at the company, after 25 I will get 6!) We have a [I]little[I] more cash now, the wife has started a part time job last summer, the first she has worked since our daughter was born 6 years ago.

[01WS6475hp]

Looks like even that won't help McCain. I would be glad to not have a vice president who believes the earth is only 6,000 or so years old anyway. I'll probably vote Libertarian.

Ditto on that.

[980birds]

Its funny that they are laying people off when once again this quarter oil companys posted the highest ever record profits.

Oil company profits are from the last quarter, they are just now reporting profits from when oil was 147. There will be a dramatic drop in there profits, most will still make profit.

Cheasapeake is mostly Natural Gas, and there break even point is $8mcf.

[Sarge]

$1.96 this morning in San Antonio. That is for regular unleaded.

[Ryans99LS1]

I think its because of the election. One less thing for the voters to be pissed about. Itll be sky high again in no time.

[B34M3R]

I personally see it at an overseas bailout attempt. Those guys over their arent stupid. They know how to manipulate oil prices to best suit their needs... which is why they pushed prices to the absolute upper limit of what we would/could pay for them... then with the giant hiccup in our economy, and it being in ACTUAL danger of collapsing to a large degree, they dropped prices to lend a stabilizing effect... because if our shit really crashed, and tons of people got laid off, thats a SHITLOAD of people that wouldn't be able to afford any gas to keep profiting Saudi.

Thats just my opinion... and honestly I think it makes perfect sense.

[SouthernBornThriller]

^I pretty much agree.

It was more or less a scouting attempt to find out the maximum profit they could make without crippling the world...and they found it. Now that people are praising 2.50 a gallon like it actually resembles "cheap" ...I image prices will stagnate somewhere around there. Especially post-election.