Damn Gas is getting "cheap"

[maxtdi]

Even us folks here in cali are nearly under $3 for regular...

Lots of places at around $3.09 here...

Cheapest gas in nearly 5 years...

 

[Jaber]

Lowest I've seen is $2.98 with gas for 87.

 

[ToMMyGuN]

Thanks Obama!

Wait...

 

[jgarcia1925]

since i live close to indiana i just hop over there now. premium was 3.25 last week. then you go illinois and its 40 cents more. lol. either way im not complaining.

 

[flipstah]

That's not good for people in the O&G industry.

 

[theunholy]

It won't be long before it goes back to $4...

 

[Jaber]

BRB trading GTI for a 9MPG vehicle.

 

[BillyBob]

BRB trading GTI for a 9MPG vehicle.

Escalade here we come!

 

[PrayforMojo]

That's not good for people in the O&G industry.

We'll be fine. If you check prices for our oil last year it was less than now.

 

[danielj1]

I don't usually look at fuel prices. If I need gas, I need gas.

I do recall fueling up my 89 CRX for .67 cents a gallon outside of Spartanburg SC. Cheapest place for gas I've ever seen.

 

[PrayforMojo]

I don't usually look at fuel prices. If I need gas, I need gas.

I do recall fueling up my 89 CRX for .67 cents a gallon outside of Spartanburg SC. Cheapest place for gas I've ever seen.

What year was that? Cheapest I've ever seen here is $0.39/liter which is still almost $1.60/gallon.

 

[syonxwf]

Definitely falling and falling fast, I like it

Regular can be found nearby for $2.89 a gallon, premium for $3.11 here in the south Puget Sound.

 

[maxtdi]

I stopped caring ever since the TDI pretty much, even when I drove 1500 miles a month it was still only around $150 a month in gas... but my jeep was $350-450 a month in gas for the same miles driven... that's a considerable expense.

 

[Desert MVIGTI]

It's nice for sure, but I'd prefer that the price of a barrel of crude stay over $70.00. One of the side effects of high oil prices is that exploration becomes feasible when it otherwise would not be, which has ended up getting us a lot of oil discovered on the North American continent, which make us a lot less concerned about OPEC. OPEC is not our bro.

 

[PrayforMojo]

It's nice for sure, but I'd prefer that the price of a barrel of crude stay over $70.00. One of the side effects of high oil prices is that exploration becomes feasible when it otherwise would not be, which has ended up getting us a lot of oil discovered on the North American continent, which make us a lot less concerned about OPEC. OPEC is not our bro.

Agreed. Shale, Deep Water, and Oilsands stop expanding below that threshold. OPEC seems to be falling apart, it seems like the Saudis are trying to stick it to Iran by opening the valve wider and dropping prices.