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10-28-2008, 08:47 AM
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Moderator
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Join Date: Mar 2008
Location: Houston, TX
4,247 posts, read 1,562,634 times
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Gas dropping
On October 3rd I paid $3.16/gal for gasoline in Northern OK. Yesterday after work 10/27, I saw gas for $1.99/gal. I guess I'm a bit surprised at this level of 'oversupply' in a little over 3 weeks. Maybe there was something to that speculation idea...   |
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10-28-2008, 12:43 PM
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Senior Member
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Join Date: Aug 2006
Location: Oklahoma City
1,207 posts, read 979,425 times
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I must say I never thought we'd see prices below $2/gal ever again.
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10-28-2008, 07:17 PM
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Senior Member
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Join Date: Sep 2008
779 posts, read 509,182 times
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But do you guys think it will go back up again? I really hope not.
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10-31-2008, 11:12 AM
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Senior Member
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Join Date: Oct 2007
Location: NE Oklahoma
706 posts, read 362,098 times
Reputation: 525
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I would bet money it will go back up after the election... hope not though. I can actually afford to drive now.  |
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10-31-2008, 11:47 AM
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Senior Member
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Join Date: Dec 2007
14,065 posts, read 6,117,803 times
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Once the demand picks backup worldwide it will go backup. In the mean time we really need the politcians to get busy with a comprehensive energy policy so that demand does get so close to production. We were very close to actual shortages before demand dropped. We can no long control demand with the emerging economies continued demand for more crude.
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10-31-2008, 12:17 PM
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I believe in a God...I call it Nature
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Join Date: Jan 2008
884 posts, read 628,619 times
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Quote:
Originally Posted by okpondlady
I would bet money it will go back up after the election... hope not though. I can actually afford to drive now. |
...and that would be a wise bet indeed! Dollar is doing well internationally, that has brought the drop in pump prices, not a change in demand or production. |
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11-05-2008, 08:10 AM
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Senior Member
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Join Date: Apr 2008
Location: Deer Creek/Edmond, OKla
127 posts, read 96,690 times
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Quote:
Originally Posted by okpondlady
I would bet money it will go back up after the election... hope not though. I can actually afford to drive now. |
And we have a WINNER.... I filled up for $1.84 a gallon today... while filling up they raised the price to $1.95. Yep $0.11 in ONE DAY....
What a bunch of crap... there is no reason for it. It's all a freakin scam.. Did the oil companies ever think the decline in the economy was thier fault? Just because they are stuffing thier pockets... |
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11-05-2008, 08:49 AM
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Senior Member
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Join Date: Jul 2007
560 posts, read 449,215 times
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It has nothing to do with supply and demand. It has everything to do with the state of our economy. Believe me, once the economy starts back on the uptick, gas will shoot right back up in a hurry!
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11-05-2008, 10:03 PM
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Senior Member
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Join Date: Jul 2007
Location: Duncan, Oklahoma
1,827 posts, read 100,842 times
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SW OK Gas Prices
Quote:
Originally Posted by prerunner1982
And we have a WINNER.... I filled up for $1.84 a gallon today... while filling up they raised the price to $1.95. Yep $0.11 in ONE DAY....
What a bunch of crap... there is no reason for it. It's all a freakin scam.. Did the oil companies ever think the decline in the economy was thier fault? Just because they are stuffing thier pockets...
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My husband and I just got home from Lawton, Oklahoma. We filled up the car there for $1.97 per gallon. In Duncan, I saw it for $2.05 per gallon. |
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11-05-2008, 11:10 PM
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Senior Member
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Join Date: Jun 2008
1,967 posts, read 724,380 times
Reputation: 486
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$1.87 in Tulsa
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