Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Before visiting an ATM and starting back from my future retirement home to my weekday job tonight, I put most of my "walkin'-around" cash into the tank -- and was pleasantly surprised to find that, after a 5-cent/gal discount for cash, I was paying only $3.23/gal -- lowest price I've seen except for a few months immediately following the economic meltdown in the Fall of 2008 -- and that didn't last for long.
But what makes this news a bit sweeter is that the benefits have finally trickled down below the grasp of the "privileged characters" of the Obama Economy - the public employees and "connected" cronies - and reached the man or woman in the street.
Admittedly, the return of relative stability to a large part of the Middle East, and the accessability of some sources formerly limited to the orbit of the former Soviet Union had something to do with this. But the ability, and willingness, of most of us to change our personal consumption patterns (in my 40+ years of driving, I've gone from a '64 Galaxie with a 351-cube V-8, that still got 18 MPG, to an '08 Focus which gets 32 MPG) coupled with the natural workings of markets in everything from housing to entertainment, is what really pushed prices in the right direction.
To those of you within the shelter of the Beltway, please don't offer us any more of your "help"!
Last edited by 2nd trick op; 10-15-2013 at 01:32 AM..
Commodity prices will certainly make the major difference with high oil production allowing for lower prices of refined products.
Keep in mind that three other factors make a difference in the price you pay at the pump... 1) taxes, 2) the value of dollars, 3) regulation. I light of those it appears to me that gasoline has actually maintained reasonable prices for fifty years.
My wife shops at Safeway and we get Chevron and Texaco gas discounts. I typically get 40 cents a gallon off, and one time a dollar a gallon off the pump price! Around $2.50! So even if their posted prices are high, I usually go there.
Commodity prices will certainly make the major difference with high oil production allowing for lower prices of refined products.
Keep in mind that three other factors make a difference in the price you pay at the pump... 1) taxes, 2) the value of dollars, 3) regulation. I light of those it appears to me that gasoline has actually maintained reasonable prices for fifty years.
Don't forget Bush's $1.85 gas. A result of reduced worldly demands!
When I saw this, my first thought was "what the heck are you talking about?" Gas in my area is still $3.75, which is within $.15 of where it's been for quite some time. But then I went and looked at Gas Buddy, and Idaho is currently one of the highest in the country, which it hasn't been for quite some time. I really don't understand gas prices. If a state is "average" priced most of the time, shouldn't that depend on how things like gas taxes compare to other states, and shouldn't that state always then be roughly "average"?
Last night it was $3.25 for regular at my station but this morning it had risen to $ 3.29. So maybe the party is over.
Don
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
