good news on gas prices

[stevej37]

Paid $1.58/gal yesterday. My dd (Honda Fit) gets 40mpg consistently. Unbelievable that a person can drive 100 miles for less than $4

[Bugsinrugs]

In my area it’s still over $3. Hoping for sub $2.50. I’m not holding my breath.

[pwd72s]

Originally Posted by Bugsinrugs

In my area it’s still over $3. Hoping for sub $2.50. I’m not holding my breath.

Haven't checked lately, but probably same in Oregon. Smog law gas formulas and taxes.

[stevej37]

^^^
What's a smog law?
If it can go down the road...it's ok here in MI

[cabmandone]

1.97 locally. LOVING it

[Bob Kontak]

Originally Posted by cabmando

1.97 locally. LOVING it

Hellz, yes!

I-77 and Massillon Road, Akron yesterday.

[stevej37]

^^^ Sorry your price is so high!
The speedy freeze looks good though.

[stevej37]

I wonder when the prices ($1.58) have been this low.
Liking it.

[cabmandone]

Originally Posted by Bob Kontak

Hellz, yes!

I-77 and Massillon Road, Akron yesterday.

Damn it Bob! Ya took me down a notch or two!!

[Shaun @ Tru6]

But not so good for the U.S. shale industry. It's over-leveraged and will require government bailouts if SA keeps price down and production up. Or go bankrupt. Ultimately, this could be bad for the U.S. in both economic and foreign policy terms.

[Por_sha911]

Originally Posted by stevej37

Unbelievable that a person can drive 100 miles for less than $4

LOL. When I started driving and gas was 37.9/gallon I could drive 100 miles for just over $2 in my gas guzzler if didn't stomp on the gas pedal (maybe better but who checked mpg?). With 30 mpg, I could have gone 100 miles for $1.27
Boy that reeks of "back in the day..."

[billybek]

SA has pretty deep pockets.
Driving down the price to shut down higher cost producers.
It is a great strategy.
Sucks for those of us in Alberta.

[SiberianDVM]

Why hasn't diesel dropped?

[Sooner or later]

Originally Posted by billybek

SA has pretty deep pockets.
Driving down the price to shut down higher cost producers.
It is a great strategy.
Sucks for those of us in Alberta.

They tried it once and failed. This happened because Russia refused to buy in to the Saudi requests.

Now they have stockholders in ARAMCO that they must consider.

[stevej37]

Originally Posted by SiberianDVM

Why hasn't diesel dropped?

I would guess...because of not enough usage.

[stevej37]

A strong argument for normal gas-powered cars.

[look 171]

Fooking diesel is still 3.95 today. I just filled up. Gas is a bit cheaper, 3.15

[Baz]

National average is $2.281/gal. according to:

https://gasprices.aaa.com/


That's down from $2.447/gal. on 2/29....

[Bob Kontak]

Just for fun. Dated but applicable.

https://www.theonion.com/why-are-gas-prices-so-low-1819592030

[Joe Bob]

Gas under 2 bucks,,,Diesel still at 2.689....