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Old 11-13-2008, 07:43 AM
 
Location: Wiesbaden, Germany
13,807 posts, read 26,353,646 times
Reputation: 3989

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so anybody want to guess when it'll drop below $1/gallon?
This is the first I've heard of speculation that a barrel could drop into the $40's
My Way News - Oil falls below $56 on grim world economic outlook
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Old 11-13-2008, 08:03 AM
 
Location: SoCal-So Proud!
4,263 posts, read 9,716,472 times
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OPEC meeting moved up to November 28th...somehow I knew that would happen.
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Old 11-13-2008, 08:32 AM
 
Location: Wiesbaden, Germany
13,807 posts, read 26,353,646 times
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but Brazil and India aren't members and they join the major producers ranks this month..
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Old 11-13-2008, 08:41 AM
 
Location: SoCal-So Proud!
4,263 posts, read 9,716,472 times
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India will be little more than trickle for a year or two and will peak in 2012. Brazil won't be a major player until 2013.
They will both be a non factor for a while. Refineries are nice but,control of supply is key.

Last edited by firstclassflyer; 11-13-2008 at 09:07 AM..
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Old 11-13-2008, 11:45 AM
 
616 posts, read 1,858,819 times
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The HEB Super Mercado on Culebra and the no-name gas station across the street both had regular at 1.90 this morning. Supreme is still in the $2.35 range, not enough to get me to fill up there as opposed to my preferred no-name gas station on the corner of 36th and Woodlawn, half a block from school.
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Old 11-13-2008, 12:11 PM
 
Location: SoCal-So Proud!
4,263 posts, read 9,716,472 times
Reputation: 1551
Quote:
Originally Posted by Eleanor Rigby View Post
The HEB Super Mercado on Culebra and the no-name gas station across the street both had regular at 1.90 this morning. Supreme is still in the $2.35 range, not enough to get me to fill up there as opposed to my preferred no-name gas station on the corner of 36th and Woodlawn, half a block from school.

I just bought Supreme for $2.17 the other day.
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Old 11-13-2008, 12:56 PM
 
Location: Austin, TX via San Antonio, TX
6,196 posts, read 8,663,374 times
Reputation: 3432
Quote:
Originally Posted by Eleanor Rigby View Post
The HEB Super Mercado on Culebra and the no-name gas station across the street both had regular at 1.90 this morning. Supreme is still in the $2.35 range, not enough to get me to fill up there as opposed to my preferred no-name gas station on the corner of 36th and Woodlawn, half a block from school.
Gas at the HEB at Zarzamora and Commerce was at 1.91 yesterday. It's probably a bit lower by today. I filled up my Jetta for $21. I was paying $30something when I bought it a year ago. I don't recall what the premium was though.
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Old 11-13-2008, 04:03 PM
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Location: Ohio
16,823 posts, read 33,226,435 times
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I saw Valero and Chevron stations along 281 at $1.99 this afternoon. Those stations are always among the last in town to drop their prices. Let's hope the trend continues.
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Old 11-13-2008, 04:52 PM
 
Location: Wiesbaden, Germany
13,807 posts, read 26,353,646 times
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It's definitely slowed down, but that had to happen eventually. The lowest have been stuck at $1.83, but at least the amount of stations charging that are increasing. I need to get gas tomorrow and hopefully it'll drop a little more. I got it for $1.93 last time and was pretty happy to see it stop on $33.50.
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Old 11-13-2008, 10:57 PM
 
Location: San Quilmas, Tx
4,088 posts, read 6,108,651 times
Reputation: 9135
$1.85\$1.82 w/card Murphy's Bandera-Mainland 9:00 pm.
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