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Gas @ 2.99 in Michigan/Think it'll be down to $2.00?

Here in my town the gas stations are all at 2.99 as of 5:30 tonight.

Strange enough, in Saginaw, just 35 miles north, it's still up around 3.45.

Do you guys think it will get back down to $2.00 a gallon by the end of the year?

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Old 10-08-2008, 04:31 PM
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It doesn't go down as fast as it goes up. So technically it should already be like $2.50 or less. But of course it isn't. Lansing is still around $3.40. Of course, I did find lots of houses in Flint and Detroit for about $15k.
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Old 10-08-2008, 05:47 PM
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Old 10-08-2008, 07:59 PM
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Still $4.00/gal for 91 here in San Marcos...
Old 10-08-2008, 08:07 PM
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$3.59 in Rochester, NY with a few .10 less.
Old 10-09-2008, 01:00 AM
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A little town near here is 2.86. Will we see 2.00 ever again? I HIGHLY doubt it, but then again I never thought it would get under 3.00 again. It's called greed, the oil companies are posting their highest profits ever.
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Old 10-09-2008, 01:53 AM
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Well we were paying the most for gas in the country here in NC, 3.90+/gallon and more than a few at over $4, but it's finally starting to come down. Maybe houston/galveston/port Aurther's finally back up to full steam?
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Old 10-09-2008, 03:17 AM
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I just paid $3.65 for premium unleaded and my wife just paid $3.45 for the same at the local Meijer. Too bad my 401(k) is down almost 50%!
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Old 10-09-2008, 03:22 AM
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It was $3.15 for regular on my way into work this morning.
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Old 10-09-2008, 03:41 AM
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Just paid $2.93 in NJ this morning. I dont think we will ever see $2.00 again.

I would be happy just to see diesel lower than regular, like it always was.
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Old 10-09-2008, 03:41 AM
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They could give it away for free and I still wouldn't move there.

Don't get too used to it. Pretty soon our "friends" the Saudis will start curtailing production in order to drive the price up again - probably just in time for the holidays. That, plus rampant inflation will have gas prices up nice and high again in about a year or so.
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Old 10-09-2008, 05:06 AM
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$2.99 here. Sad how that feels cheap. Pavlov was right......
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Old 10-09-2008, 05:12 AM
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It should really be closer to $2.50 - If the oil companies report record profits again I'm afraid an angry mob will form.
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Old 10-09-2008, 05:14 AM
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Old 10-09-2008, 06:51 AM
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$60 for a fill up instead of $80, maybe I can go to the bar once a week again.
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Old 10-09-2008, 07:21 AM
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$3.16 for regular here in Lexington. Was $3.86 a few weeks ago when the hurricane stuff was going on and $3.45 previously.
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Old 10-09-2008, 08:25 AM
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No,

Opec is getting woried and will cut back supply.

http://money.cnn.com/2008/10/09/news/international/iran_opec.ap/index.htm?postversion=2008100910
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Old 10-09-2008, 08:30 AM
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Quote:
Originally Posted by Tim Walsh View Post
Well we were paying the most for gas in the country here in NC, 3.90+/gallon
boy, 3.90 for the high would have been nice. out here on the lib left coast, it got up over $5.00
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Old 10-09-2008, 09:35 AM
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yup, on highway 5 this summer, premium was at 4.99! in vallejo, the cheapest station was at 3.33 and 3.53 for premium. i think itll hit 2.00 soon.
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Old 10-09-2008, 11:08 AM
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Quote:
Originally Posted by looneybin View Post
boy, 3.90 for the high would have been nice. out here on the lib left coast, it got up over $5.00
Regular unleaded hit $5.00/gallon here for like an afternoon, it was the day Ike hit. It was weird, one station would be at $5, and the one across the street would still be at $3.65. Gouging? I don't think anyone bought much of the $5 gas that day. It was all back down the next day.

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Old 10-09-2008, 11:47 AM
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