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Gas Prices FTW |
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reifidom
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Posted: 09 October 2008 at 12:43pm |
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We have cheap gas here in the KS/MO area.
OPEC is moving to hold an emergency meeting a month ahead of schedule as certain members are calling to reduce production to drive the price of oil back up. |
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fractus.scud
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well I have no title Joined: 23 February 2004 Location: United States Status: Offline Points: 925 |
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Posted: 09 October 2008 at 3:23pm |
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Went to my regular gas station today and filled up for $2.99. Not bad. I'd be fine if gas stayed at this level.
As for OPEC cutting supply, they can try to drive prices up again, but it is going to make alternative fuel look much better with a world economy in recession. If OPEC tries to drive oil back up to $140/bbl I think they will be making a death wish for themselves. BTW I <3 T. Boone Pickens ![]() |
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Benny go home! |
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tallen702
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Posted: 09 October 2008 at 3:53pm |
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OPEC isn't going to cut output this coming meeting. Their entire countries' economies are tied to the wealth of the individual here in the US and other western nations. When we feel the crunch, we spend less on things like groceries, going out to eat, vacations, etc. which in turn lowers the demand for fuel as we aren't driving to these places (restaurants, stores, vacations, etc) on top of the fact that most of us are already cutting back on fuel during our weekly commutes. If OPEC were to try to cut output to raise oil prices which would then make the already high cost of fuel jump even higher, then they will essentially be slitting their own wrists as it would force even more people to cut back on how much fuel they consume. Add into the mix that OPEC is on the verge of breaking up, and you'll find that oil prices aren't going anywhere but down.
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<Removed overly wide sig. Tsk, you know better.>
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ammolord
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Joined: 06 July 2007 Location: Minot, ND Status: Offline Points: 1821 |
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Posted: 09 October 2008 at 4:41pm |
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just went down to $3.10 here.
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PSN Tag: AmmoLord
XBL: xXAmmoLordXx ~Minister of Tinkering With Things That Go "BOOM!"(AKA Minister of Munitions)~ |
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TheSpookyKids87
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Heh-heh heh-heh - You said "post" Joined: 20 August 2002 Location: NJ Status: Offline Points: 2685 |
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Posted: 09 October 2008 at 5:15pm |
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2.95 Jersey, and I don't have to leave my car to pump it
Edited by TheSpookyKids87 - 09 October 2008 at 5:15pm |
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fractus.scud
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Posted: 09 October 2008 at 5:32pm |
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Jersey FTW! |
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Benny go home! |
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Bruce Banner
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Posted: 09 October 2008 at 6:25pm |
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Now all we need is a $1.50/gallon gas tax.
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tallen702
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Posted: 09 October 2008 at 7:07pm |
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No, I lie. Average is around $.50/Gal for the nation, still, it certainly feels like it. Edited by tallen702 - 09 October 2008 at 7:09pm |
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<Removed overly wide sig. Tsk, you know better.>
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You Wont See Me
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Posted: 10 October 2008 at 12:10pm |
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It was 2.83 here in Des Moines yesterday
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A-5
E-Grip JCS Dual Trigger DOP X-CORE 8 stage x-chamber Lapco Bigshot 14" Beadblasted Optional setup: R/T Dead on Blade trigger |
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Zata
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Posted: 10 October 2008 at 7:25pm |
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$2.99 now. Thats 26 cents its went down in 2 days. I don't think its went down that much, that fast, ever.
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MacMan_EKIM
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Posted: 10 October 2008 at 8:07pm |
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Yea we here in yee old southern Wisconsin just went down to $3.05. It was a crazy $3.29 at the same station yesterday. My Jeep is Happy now |
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ammolord
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Posted: 10 October 2008 at 8:18pm |
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$3.00! lowest its been in at lest a year and a half.
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PSN Tag: AmmoLord
XBL: xXAmmoLordXx ~Minister of Tinkering With Things That Go "BOOM!"(AKA Minister of Munitions)~ |
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lilsully4
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Posted: 10 October 2008 at 10:25pm |
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Just paid that today |
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Evil Elvis
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Posted: 10 October 2008 at 10:43pm |
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time to go pick up one of those 8mpg Ford Escursions that I see on the dealer lot for 8k!
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You Wont See Me
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Posted: 11 October 2008 at 2:16am |
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Paid $2.70 today
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A-5
E-Grip JCS Dual Trigger DOP X-CORE 8 stage x-chamber Lapco Bigshot 14" Beadblasted Optional setup: R/T Dead on Blade trigger |
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Monk
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Posted: 11 October 2008 at 3:03am |
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I'm not really sure what the big deal is, the price of goods has always gone up. I don't see why people feel that gas price should go down, when all other goods and services are always going up.
Welcome to profit 101. If people are willing to pay $3.00 a gallon, why should I as a business man sell my product for cheaper? Heck, I might as well see how high I can make the price until people decide they don't want it anymore. Also... I <3 my bike... |
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/\ /\ \/ \/ < > < > B A START
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karll
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Posted: 11 October 2008 at 3:56am |
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Yea, I go to school down here.
FYI, I'll be on base at fort wood tomorrow. That is where you are is it not? |
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PlentifulBalls "It's cool, I'll be dead before I'm not pretty."
Gatyr "Stupid things exist."
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AoSpades
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Posted: 11 October 2008 at 3:56am |
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still in the 3s here
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