wtstms
All-Star Author
West Virginia
Posts:511
Points:110,005
Joined:Sep 2007
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Message Posted:
10/14/2008 12:26:57 PM
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lower
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frede2
Champion Author
Texas
Posts:3,545
Points:771,460
Joined:May 2005
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Message Posted:
10/14/2008 11:45:42 AM
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Still too high though.
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skybiker
Sophomore Author
South Carolina
Posts:232
Points:48,150
Joined:Jul 2008
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Message Posted:
10/14/2008 11:23:42 AM
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Here is Another reason That Oil Prices will Be Down in The Future:
The recent drop in violence across Iraq has increased the prospects of Baghdad doubling its oil output by 2012 by allowing foreign investors to bring the most advanced production techniques to the war-torn country.
Iraq was at the forefront of world-wide oil production until the Ba'athist regime nationalised the industry in the 1970s. Although Saddam Hussein made deals with French, Russian and Chinese oil companies in the 1990's, United Nations sanctions barred the country's re-emergence as a leading source of energy supplies.
Representatives of 35 companies have been given six months to apply for a 20-year right to operate oil fields that hold up to 40 per cent of the country's 115 billion barrels of proven reserves.
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ramshot412
Champion Author
Riverside
Posts:12,023
Points:1,205,630
Joined:Apr 2004
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Message Posted:
10/14/2008 10:57:52 AM
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Retailers don't have much say in where the price goes. (up or down)
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Roo08
Veteran Author
Grand Rapids
Posts:398
Points:54,365
Joined:Jul 2008
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Message Posted:
10/14/2008 10:51:58 AM
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Keep dropping pleeeeese!
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HawaiianGuy
Champion Author
Idaho
Posts:1,424
Points:1,485,565
Joined:May 2003
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Message Posted:
10/14/2008 10:49:46 AM
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As usual, still lagging here in Idaho. The retailers (yes, I said RETAILERS), are dragging their feet on lowering prices.
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Egaser
Veteran Author
Atlanta
Posts:419
Points:168,040
Joined:Apr 2006
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Message Posted:
10/14/2008 10:49:29 AM
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Mark75 where are you buying gas?
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zmancbr
Veteran Author
Colorado
Posts:297
Points:70,430
Joined:Jul 2008
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Message Posted:
10/14/2008 10:49:17 AM
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Great news!
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wizzard3040
Veteran Author
St. Louis
Posts:445
Points:179,550
Joined:May 2008
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Message Posted:
10/14/2008 10:46:28 AM
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$USD finally has some legs...strength! That will do wonders...Funds seeking some core strenght/safety.
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Mark75
Sophomore Author
Atlanta
Posts:146
Points:71,325
Joined:May 2006
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Message Posted:
10/14/2008 10:46:19 AM
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Saw $2.67 a gallon for 87 octane last night. Same station this morning was $2.89. Still the cheapest gas in metro Atlanta, where the average is $3.11 a gallon.
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Egaser
Veteran Author
Atlanta
Posts:419
Points:168,040
Joined:Apr 2006
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Message Posted:
10/14/2008 10:45:10 AM
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I`m proud to say I purchase premium for $3.45 this morning.
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rbrowdersr
Champion Author
Detroit
Posts:1,009
Points:475,880
Joined:Aug 2006
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Message Posted:
10/14/2008 10:44:56 AM
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Keep dropping.
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Dennis783
Champion Author
Wisconsin
Posts:5,658
Points:1,133,870
Joined:Sep 2005
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Message Posted:
10/14/2008 10:43:51 AM
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This morning our first station was sub $3. Never thought I'd see that again!
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ladybugIL
Veteran Author
Chicago
Posts:256
Points:110,005
Joined:Jul 2008
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Message Posted:
10/14/2008 10:40:42 AM
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Why is diesel so high? It used to be so cheap.
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w4kh
Champion Author
Riverside
Posts:3,715
Points:651,870
Joined:May 2004
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Message Posted:
10/14/2008 10:40:23 AM
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Best around here is $3.27 for regular 87 octane, and same price for #2 diesel...
Still, we need to KICK THE OIL ADDICTION and find viable alternatives, especially for transportation...
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spunky4443
Champion Author
Washington
Posts:1,212
Points:467,780
Joined:May 2005
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Message Posted:
10/14/2008 10:37:19 AM
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Still say that Diesel should be under $3.00 a Gallon.
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Tanks_alot
Veteran Author
Rhode Island
Posts:432
Points:62,860
Joined:Sep 2008
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Message Posted:
10/14/2008 10:35:43 AM
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We're getting close to last year's levels, relatively speaking.
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Gerund1
Champion Author
Toronto
Posts:1,166
Points:830,985
Joined:Apr 2003
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Message Posted:
10/14/2008 10:34:47 AM
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I very much doubt that we will ever see the prices of a year ago. Too much greed.
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RBimpreza
All-Star Author
San Diego
Posts:814
Points:186,480
Joined:Mar 2008
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Message Posted:
10/14/2008 10:34:44 AM
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a bit wee high still
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laddyboy62
Champion Author
Riverside
Posts:1,631
Points:1,004,285
Joined:Mar 2005
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Message Posted:
10/14/2008 10:33:38 AM
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still 50 cents more then last yr
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patbob56
Champion Author
Colorado Springs
Posts:1,796
Points:370,625
Joined:Apr 2006
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Message Posted:
10/14/2008 10:32:44 AM
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yes
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wizzard1222
Veteran Author
St. Louis
Posts:447
Points:715,675
Joined:Mar 2006
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Message Posted:
10/14/2008 10:32:07 AM
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What it's like to be a big Financial Bank= $10 BIILLION !
Here, take it...it's from your Uncle Sam!
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traindude
All-Star Author
Virginia Beach
Posts:600
Points:191,820
Joined:Jun 2007
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Message Posted:
10/14/2008 10:32:00 AM
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we're down to 2.84 in williamsburg va. would like to see it keep dropping. still don't get the diesel price at all
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sandraK
Champion Author
Grand Rapids
Posts:4,166
Points:318,565
Joined:Mar 2005
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Message Posted:
10/14/2008 10:31:23 AM
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Happy days!
$2.99 o boy.
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21597
All-Star Author
Colorado
Posts:698
Points:219,340
Joined:Sep 2005
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Message Posted:
10/14/2008 10:30:51 AM
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never let up
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gaschicCT
Veteran Author
Hartford
Posts:253
Points:59,740
Joined:Apr 2008
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Message Posted:
10/14/2008 10:29:01 AM
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I almost cried when I saw gas prices below $3/gal...I couldn't trust my eyes...
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checkum
Champion Author
St. Louis
Posts:1,157
Points:222,415
Joined:Jan 2008
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Message Posted:
10/14/2008 10:28:51 AM
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speculators and greed will be in control sooner than later
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hank1326
All-Star Author
Los Angeles
Posts:559
Points:136,680
Joined:Jun 2008
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Message Posted:
10/14/2008 10:28:50 AM
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Good trend, keep on conserving to keep the prices down.
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SeerLV
All-Star Author
Las Vegas
Posts:582
Points:140,990
Joined:Jun 2008
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Message Posted:
10/14/2008 10:28:46 AM
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Oil is down almost 50% so why is gas still up there?
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esquared
Champion Author
Oklahoma City
Posts:1,448
Points:639,795
Joined:Jan 2006
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Message Posted:
10/14/2008 10:28:42 AM
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Drop has pretty well leveled off here near the $3.50 gal mark.
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no_monkey2002
All-Star Author
Tallahassee
Posts:900
Points:544,605
Joined:Mar 2006
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Message Posted:
10/14/2008 10:27:20 AM
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not as fast as they went up , Oh Yea they are comeing down slow
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Sentraholic
Champion Author
Maryland
Posts:2,150
Points:507,440
Joined:Nov 2006
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Message Posted:
10/14/2008 10:27:08 AM
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Horray for reality.
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beer30d
Champion Author
Akron
Posts:1,374
Points:66,690
Joined:Aug 2008
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Message Posted:
10/14/2008 10:27:01 AM
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drop more
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kingpin6
All-Star Author
Arkansas
Posts:962
Points:239,625
Joined:Jul 2007
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Message Posted:
10/14/2008 10:26:58 AM
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It is down to $2.71 here. Hopefully it will keep going down, back to 2006 levels at least.
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nyacoub1
All-Star Author
Chicago
Posts:850
Points:61,905
Joined:May 2007
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Message Posted:
10/14/2008 10:26:23 AM
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lower, lower, lower.
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tomok
Champion Author
Portland
Posts:9,860
Points:729,285
Joined:Aug 2006
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Message Posted:
10/14/2008 10:25:19 AM
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Need to drop gas prices 'sharply' more across the US.
Fuel prices are still way too high.....
Drop, drop, drop.....
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eaglev
Champion Author
Oklahoma City
Posts:1,033
Points:343,070
Joined:Jul 2005
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Message Posted:
10/14/2008 10:21:51 AM
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the price here is rebounding higher
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amacquarrie
Veteran Author
Nevada
Posts:353
Points:81,235
Joined:Jun 2008
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Message Posted:
10/14/2008 10:21:32 AM
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keep going down
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NavyEOD
Champion Author
Los Angeles
Posts:2,011
Points:441,340
Joined:Jul 2007
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Message Posted:
10/14/2008 10:21:08 AM
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Keep dropping.
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Don20
Champion Author
Oklahoma City
Posts:1,581
Points:1,024,595
Joined:Mar 2005
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Message Posted:
10/14/2008 10:20:41 AM
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The pump price here today is $2.30 to $2.45 at many stations..
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rockinrog
All-Star Author
Ontario
Posts:888
Points:690,655
Joined:May 2006
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Message Posted:
10/14/2008 10:18:42 AM
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And Canada.
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USAFA82
Champion Author
Colorado Springs
Posts:1,582
Points:269,700
Joined:Feb 2008
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Message Posted:
10/14/2008 10:18:32 AM
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Keep dropping. At crude's current levels, gasoline should be less than $2.50 nationwide.
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21597
All-Star Author
Colorado
Posts:698
Points:219,340
Joined:Sep 2005
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Message Posted:
10/14/2008 10:18:23 AM
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drill conserve explore all avenues, we must not let up now. And keep an eye on Congress
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Yonkers111
Champion Author
Scranton
Posts:3,049
Points:223,960
Joined:Apr 2007
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Message Posted:
10/14/2008 10:18:12 AM
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I see a big slowdown in dropping prices after the next $.25 decline.
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AnObserver
Champion Author
New Jersey
Posts:1,659
Points:869,265
Joined:Sep 2005
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Message Posted:
10/14/2008 10:17:20 AM
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It still isn't where it was last year at this time
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wyomingnot
Sophomore Author
Kansas City
Posts:134
Points:76,540
Joined:May 2007
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Message Posted:
10/14/2008 10:16:10 AM
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still not falling at the rate it rose. but i'm not going to argue. i'll just take it.
[Edited by: wyomingnot at 10/14/2008 10:16:42 AM EST]
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ww2gas
All-Star Author
Virginia
Posts:556
Points:242,530
Joined:May 2007
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Message Posted:
10/14/2008 10:16:04 AM
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Keep on dropping. It's still overpriced from the summer of super-heated (read greedy)speculation.
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tigeriz
Veteran Author
Maine
Posts:302
Points:73,145
Joined:Aug 2008
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Message Posted:
10/14/2008 10:15:51 AM
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old news
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t4204life
Champion Author
Ohio
Posts:4,347
Points:862,860
Joined:Jun 2006
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Message Posted:
10/14/2008 10:15:17 AM
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if it would only drop as fast as it goes up!
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dralicandro
Rookie Author
Detroit
Posts:68
Points:6,590
Joined:Oct 2008
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Message Posted:
10/14/2008 10:14:55 AM
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Yeah,it's dropping, but for how long?
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