wtstms
All-Star Author
West Virginia
Posts:516
Points:110,980
Joined:Sep 2007
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Message Posted:
10/14/2008 10:26:57 AM
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lower
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frede2
Champion Author
Texas
Posts:3,565
Points:775,335
Joined:May 2005
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Message Posted:
10/14/2008 9:45:42 AM
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Still too high though.
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skybiker
Sophomore Author
South Carolina
Posts:248
Points:51,905
Joined:Jul 2008
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Message Posted:
10/14/2008 9:23:42 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:12,062
Points:1,208,555
Joined:Apr 2004
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Message Posted:
10/14/2008 8:57:52 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:55,965
Joined:Jul 2008
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Message Posted:
10/14/2008 8:51:58 AM
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Keep dropping pleeeeese!
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HawaiianGuy
Champion Author
Idaho
Posts:1,444
Points:1,489,465
Joined:May 2003
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Message Posted:
10/14/2008 8:49:46 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:425
Points:170,660
Joined:Apr 2006
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Message Posted:
10/14/2008 8:49:29 AM
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Mark75 where are you buying gas?
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zmancbr
Veteran Author
Colorado
Posts:302
Points:71,505
Joined:Jul 2008
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Message Posted:
10/14/2008 8:49:17 AM
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Great news!
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wizzard3040
Veteran Author
St. Louis
Posts:460
Points:182,475
Joined:May 2008
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Message Posted:
10/14/2008 8:46:28 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:151
Points:72,400
Joined:May 2006
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Message Posted:
10/14/2008 8:46:19 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:425
Points:170,660
Joined:Apr 2006
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Message Posted:
10/14/2008 8:45:10 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:1,025
Points:478,825
Joined:Aug 2006
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Message Posted:
10/14/2008 8:44:56 AM
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Keep dropping.
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Dennis783
Champion Author
Wisconsin
Posts:5,673
Points:1,136,795
Joined:Sep 2005
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Message Posted:
10/14/2008 8:43:51 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:257
Points:111,600
Joined:Jul 2008
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Message Posted:
10/14/2008 8:40:42 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:3,730
Points:654,795
Joined:May 2004
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Message Posted:
10/14/2008 8:40:23 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:1,227
Points:470,705
Joined:May 2005
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Message Posted:
10/14/2008 8:37:19 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:447
Points:65,785
Joined:Sep 2008
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Message Posted:
10/14/2008 8:35:43 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 8:34:47 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:829
Points:189,405
Joined:Mar 2008
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Message Posted:
10/14/2008 8:34:44 AM
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a bit wee high still
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laddyboy62
Champion Author
Riverside
Posts:1,651
Points:1,008,185
Joined:Mar 2005
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Message Posted:
10/14/2008 8:33:38 AM
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still 50 cents more then last yr
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patbob56
Champion Author
Colorado Springs
Posts:1,811
Points:373,550
Joined:Apr 2006
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Message Posted:
10/14/2008 8:32:44 AM
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yes
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wizzard1222
Veteran Author
St. Louis
Posts:463
Points:717,850
Joined:Mar 2006
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Message Posted:
10/14/2008 8:32:07 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:616
Points:194,575
Joined:Jun 2007
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Message Posted:
10/14/2008 8:32:00 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 8:31:23 AM
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Happy days!
$2.99 o boy.
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21597
All-Star Author
Colorado
Posts:714
Points:222,265
Joined:Sep 2005
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Message Posted:
10/14/2008 8:30:51 AM
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never let up
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gaschicCT
Veteran Author
Hartford
Posts:257
Points:59,945
Joined:Apr 2008
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Message Posted:
10/14/2008 8:29:01 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:1,171
Points:226,070
Joined:Jan 2008
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Message Posted:
10/14/2008 8:28:51 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:580
Points:140,580
Joined:Jun 2008
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Message Posted:
10/14/2008 8:28:50 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:597
Points:143,915
Joined:Jun 2008
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Message Posted:
10/14/2008 8:28:46 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:1,463
Points:642,720
Joined:Jan 2006
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Message Posted:
10/14/2008 8:28:42 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:915
Points:547,530
Joined:Mar 2006
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Message Posted:
10/14/2008 8:27:20 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:508,190
Joined:Nov 2006
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Message Posted:
10/14/2008 8:27:08 AM
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Horray for reality.
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beer30d
Champion Author
Akron
Posts:1,391
Points:69,715
Joined:Aug 2008
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Message Posted:
10/14/2008 8:27:01 AM
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drop more
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kingpin6
All-Star Author
Arkansas
Posts:977
Points:242,550
Joined:Jul 2007
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Message Posted:
10/14/2008 8:26:58 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:861
Points:62,500
Joined:May 2007
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Message Posted:
10/14/2008 8:26:23 AM
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lower, lower, lower.
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tomok
Champion Author
Portland
Posts:9,930
Points:732,960
Joined:Aug 2006
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Message Posted:
10/14/2008 8:25:19 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:1,048
Points:345,995
Joined:Jul 2005
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Message Posted:
10/14/2008 8:21:51 AM
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the price here is rebounding higher
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amacquarrie
Veteran Author
Nevada
Posts:363
Points:84,035
Joined:Jun 2008
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Message Posted:
10/14/2008 8:21:32 AM
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keep going down
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NavyEOD
Champion Author
Los Angeles
Posts:2,031
Points:445,240
Joined:Jul 2007
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Message Posted:
10/14/2008 8:21:08 AM
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Keep dropping.
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Don20
Champion Author
Oklahoma City
Posts:1,597
Points:1,027,620
Joined:Mar 2005
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Message Posted:
10/14/2008 8:20:41 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:903
Points:693,580
Joined:May 2006
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Message Posted:
10/14/2008 8:18:42 AM
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And Canada.
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USAFA82
Champion Author
Colorado Springs
Posts:1,601
Points:273,395
Joined:Feb 2008
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Message Posted:
10/14/2008 8:18:32 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:714
Points:222,265
Joined:Sep 2005
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Message Posted:
10/14/2008 8:18:23 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:3,073
Points:226,110
Joined:Apr 2007
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Message Posted:
10/14/2008 8:18:12 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:1,674
Points:872,190
Joined:Sep 2005
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Message Posted:
10/14/2008 8:17:20 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:76,615
Joined:May 2007
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Message Posted:
10/14/2008 8:16:10 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:571
Points:245,455
Joined:May 2007
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Message Posted:
10/14/2008 8:16:04 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 8:15:51 AM
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old news
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t4204life
Champion Author
Ohio
Posts:4,362
Points:866,535
Joined:Jun 2006
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Message Posted:
10/14/2008 8:15:17 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 8:14:55 AM
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Yeah,it's dropping, but for how long?
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