http://forums.pelicanparts.com/uploa...1660658615.jpg

Just filled up the wife's Macan this morning. The corn lobby has gotten enough subsidy that gasohol is 50 cents per gallon cheaper. I still use the real gasoline, no corn for my cars or lawn equipment.

Diesel is $4.49 but at a different pump.

Got 93 at Sams for $3.98 yesterday. :D

Our gas prices have been down every day for the past 37 days. It's all the way down to $5.39/gal. now. Whoopee.

Sam’s in Bluffton this morning…

http://forums.pelicanparts.com/uploa...1660919612.jpg

We're still hovering around $4.00 in AZ

$3.57 for reg in MI

Congrats to SOL...under $3 SmileWavy

I never thought we would celebrate that gas only went up a dollar a gallon. Especially since it is largely due to siphoning off the nation's strategic oil supplies. I guess our kids/grandkids can pay to replace that (along with the rest of the massive national debt). Of course, if you are in a state where gas tax has been reduced to make the increase in price more politically palatable, the revenue that came in from those taxes will be taken elsewhere (that is a bit less visible).

Let's hope when the reserves run out early next year...that none of our enemies choose to reduce production further (or increase purchases). Saudi Arabia has already announced that they are reducing production.

I can see it now.
Lines of cars and a guy with a bull-horn calling for the cars.....

"Got the next ten gals going at $9 a gal...who will give me 9 and a half?
Going...going....oh, the 80's Caddy just flashed his lights. We have a winner!! Pull on up.

$3.219 for regular at a discount big box station.

Yesterday's local prices...

http://forums.pelicanparts.com/uploa...1661701617.jpg


http://forums.pelicanparts.com/uploa...1661701693.jpg

Dropped to $3.34 here....down 23 cents in 10 days.

Just filled up at Naval Base Ventura County, $5.49 a gallon for premium. It doesn’t particularly feel like gas prices have dropped all that much.

Thanks Biden/Newsom

Been going back up the last couple days..

This is interesting. Cheapest 93 here at BP close by is $4.39 and the Cayenne dirt injection likes though I am sure it's 10% ethanol. But how can gas here in the Boston area be only $.30 more expensive than OK? There are plenty of higher priced places but several other very close.

BP is $3.79 and Lukoil is $4.29 here locally.

edit: and the head of Lukoil goes out of a window. Hmmm

Premium $4.01 this morning at Sams. $3.91 this afternoon.

Up 25 cents today to $3.59

http://forums.pelicanparts.com/uploa...1662065748.jpg

This is a 1972 photo.

I started driving in 1970 in Montgomery, AL in my 1960 VW bug. It had no gas gauge, so I drove until it ran out of gas, flipped the lever to reserve, and had 36 miles to find gas. I never put more that 9.5 gallons in it. Back then gas was 24 cents for full service. During gas wars it would drop to 18 cents per gallon! The attendant pumped the gas, checked the oil, washed the windshield, asked about my family, and handed my a bunch of green stamps for my mom and often had a free tumbler glass as a bonus.

The first time I paid three whole dollars for a full tank of gas I was outraged!

If you run the inflation calculator on 26 cents in 1972 is comes to the equivalent of $1.84 in 2022 dollars.

25 cents for both a gal of gas or a pack of cigs for me in 1970.
I was a junior in high school then.

Someone tell California gas prices are down. . .

Oxnard CA 9/2/2022
http://forums.pelicanparts.com/uploa...1662173354.jpg

Thanks Joe, thanks Gavin

And don't charge your EV.

For recent historical perspective, I checked Gas Buddy. On March 19, 2020 in London KY at a BP station, regular was $0.99 per gallon. So we have a long way to go to get down to that (if ever).

Paid $2.97 a gallon yesterday in north Georgia .

https://www.autoblog.com/2020/03/19/coronavirus-99-cent-gasoline/

For historical purpose...


https://www.ogv.energy/news-item/over-100-oil-and-gas-companies-went-bankrupt-in-2020
More than 100 oil and gas companies declared bankruptcy in 2020 after the coronavirus pandemic plunged the energy sector into the worst downturn in a generation.

Forty-six exploration and production companies and 61 oil-field service companies filed for Chapter 11 bankruptcy last year, according to Haynes and Boone, a Dallas law firm tracking bankruptcies. The 107 oil and gas bankruptcies in 2020 were the most since 142 bankruptcies were filed during the last oil bust in 2016.

“Since 2015, more than 500 bankruptcies have been filed in the North American oil and gas industry,” Haynes and Boone said in its latest bankruptcy report published this month. “In hindsight, 2020 stands out over this dismal period for the industry setting a number of records.”

Add in 2020 and 500 billion in free cash flow evaporated.

https://www.csis.org/analysis/what-expect-shale-year

The first decade of the shale boom created jobs, delivered tax revenue to states and the federal government, and helped reduce the trade deficit—but destroyed investor capital on an unprecedented scale. Quarter after quarter, many shale companies reinvested all their cash flow as management teams were incentivized to seek growth rather than returns. The result was a lost decade for investors. According to one estimate, free cash flow for the entire U.S. shale sector for 2010–2019 was a stunning -$300 billion.

Gee! The price of gas went down another tenth of a cent here yesterday to the $5.25 range.

Highest gas prices in history for a Labor Day Weekend? Sheesh!

Not true. Its 60 cents lower than a month ago.

That doesn't make it untrue for Labor Day weekend, just means it was cheaper a month ago.

Labor day 2008, gas was priced pretty close to what it is today.. At the end of 08 it was $1.67. I actually payed nearly $5 at a station in a 1 horse town in Ky.

Was it Labor Day a month ago too? I thought they were only once a year?

Good thing we sold off all those strategic reserves and crushed our economy...to still have record Labor Day Weekend prices. Two record high years in a row! Nothing to worry about here...we can pay it all back next year when the strategic reserves run out. Our kids/grandkids can pay off the borrowing for us later.

Los Angeles gas prices set a Labor Day weekend record high
The average price of a gallon of self-serve regular gasoline in California and Los Angeles is $5.25, the highest on record for the Labor Day weekend.
HUGO MARTÍN
SEPT. 1, 2022
Although gasoline prices have been dropping all summer, Labor Day travelers around California are expected to pay the highest price on record for the holiday weekend.

And as gas prices drop, an oppressive Southern California heat wave is expected to persist, forcing some weekend vacationers to alter their travel plans.

The average gas price for a gallon in California and Los Angeles was $5.25 on Thursday, which is 5 cents lower than a week earlier, according to the Automobile Club of Southern California. The previous record for the start of the Labor Day weekend came last year at $4.39 a gallon in California and $4.40 for Los Angeles...

Read the rest:
https://www.latimes.com/business/story/2022-09-01/los-angeles-gas-prices-set-a-labor-day-weekend-record-high

OK, you win. To be honest I read your post as being highest prices ever, on Labor day weekend. My bad.

Still about $5.40 (sorry, $5.39999) per gallon around here. I went to Costco this morning, where it was 70 cents cheaper.

Savannah this morning:

http://forums.pelicanparts.com/uploa...1662332643.jpg

Down to $3.27 in Opelika, Alabama this morning.

Sent from my SM-N950U using Tapatalk

My good friend Zeke and his wife were traveling yesterday between KC Mo and Nashville TN to see his new grandson. He sent me this from somewhere along the way when they stopped for gas.
http://forums.pelicanparts.com/uploa...1662569466.JPG
I think it was in Ky.

I had just been to the gas station to fill up my wife's car and paid $5.25/gal.
He gets great joy in ribbing me about that fact.