Gas prices are getting rediculous y'all

[QueEx]

Gas below $2 at some stations in 24 states

Missouri gas prices are the cheapest in the nation as of Dec.
19, 2014.(Photo: Valerie Mosley, Springfield (Mo.) News-Leader)

Stations in Greenville, Mich.,
began selling $1.99 gas on Dec.
16, 2014.(Photo: Tony Love,
WZZM-TV, Grand Rapids-Kalamazoo-
Battle Creek, Mich.)

A couple dozen vehicles line up for $1.99 regular unleaded at a Valero gas station Dec. 15, 2014, in Phoenix
​

SPRINGFIELD, Mo. — Just in time for a holiday road trip, gas prices in many places in middle of the country have dipped below $2 a gallon.

And here in Missouri, close to the geographic center of the USA, is where drivers can find the cheapest gas as of Friday, according to GasBuddy.com.

"As of this morning, there are 24 states with prices under $2 a gallon. But Missouri is lowest," said Patrick DeHaan, GasBuddy's senior petroleum analyst.

In Springfield, gas prices at some locations have dipped to $1.96 for a gallon of regular unleaded. They'll continue to drop for a while, DeHaan said.

surrounding towns like Republic and Nixa typically have even lower prices than Springfield. The last time gas hit $1.99 a gallon in Missouri was June 2009.

"It's not guaranteed, of course. But we think they'll drop a little more, 5 to 15 cents a gallon," he said.

Areas east of Nashville, Tenn., also are reporting prices of less than $2.

"The gas at my exit, Stewarts Ferry Road (off Interstate 40), is $1.99," said Doak Turner of Nashville. "Three stations next to each other is great!"

American Automobile Association travel analysts estimate that current gas prices, which are at their lowest since 2008, are likely to drop as much as 7 cents by Christmas and possibly 7 more cents by New Year's.

Because of higher fuel taxes, some states won't crack the $2 barrier, DeHaan said.

Thirteen states, many in the South, have gas taxes of less than 40 cents a gallon, according to the American Petroleum Institute. Seventeen states' gas taxes are more than 50 cents a gallon.
​

READ MORE: http://www.usatoday.com/story/money/business/2014/12/19/2-buck-a-gallon-gas/20652809/

 

[thoughtone]

 

[thoughtone]

 

[QueEx]

Falling Oil Prices ​

Who's behind it: The Saudis, in part

Why: To Protect Their Market Share

How: Allow Prices to go as low as possible to drive smaller suppliers out-of-business

Smaller Producers: Yeah, those North American Shalers and Frackers who increased availability and started lowered prices

How Long Will You Go to Run them out of business? "at least eight years"






<iframe width="780" height="1500" src="http://www.bbc.com/news/business-30876920" frameborder="0" allowfullscreen></iframe>

 

[actinanass]

i paid 1.68 on monday, its 1.90 right now..

Honeymoon might be over

 

[thoughtone]

i paid 1.68 on monday, its 1.90 right now..

Honeymoon might be over

Still going down here in GA.

Maybe Texass wants to continue to shakedown the people.

Being oil and all.

 

[QueEx]

Gas prices dropping, could hit $2 a gallon​

AAA Motor Club predicts 15 cent drop in gasoline prices​

WASHINGTON — Think of it as Christmas in August. Gasoline prices are expected to drop sharply this month and might be approaching $2 a gallon in much of the country by the time winter’s chill arrives.

Normally, pump prices are flat or even up a bit in August as Americans finish up the summer holidays with a roadtrip before sending the kids back to school. This year, however, the AAA Motor Club anticipates a drop of 15 cents or more in coming weeks, on top of what already has been a sharp drop from this year’s peak.

“In many ways it’s a very simple prediction, based purely on the (price) decline in crude oil,” said Michael Green, an AAA spokesman.

Conflict in the Middle East, a disruption to U.S. drilling or a refinery outage could always push up oil prices, thus reducing the chances that gasoline will fall as predicted.

“On the other hand, if oil prices continue to fall and operations continue to run smoothly, you could see even larger drops in (the gasoline) price,” said Green.

How large?

“Many parts of the country could see gas prices near or below $2 a gallon by Christmas,” he said. “The states that are most likely are in the southwest and central United States, places where gas is already cheap.”

South Carolina and Alabama led the nation Tuesday with the cheapest average price for a gallon of regular unleaded gasoline, at $2.26, followed closely by Mississippi and Ohio, both at $2.30.

Motorists in California and Alaska paid the highest prices, respectively, at $3.71 and $3.48 a gallon. The national average Tuesday was $2.64 a gallon, down sharply from $3.50 a gallon a year ago.

Gasoline prices are falling even as Americans are driving at what appear to be record levels. The Federal Highway Administration’s most recent update on vehicle miles traveled shows that through May motorists in the United States had logged 1.26 trillion vehicle miles of travel – a record for the first five months of any year.

The agency predicts Americans for the year will travel 3.08 trillion vehicle miles. That would be a record, slightly edging out the vehicle miles logged in 2006.

To date, motorists in the South Atlantic and Western states have seen the largest increases in vehicle miles traveled, rising at a rate of 3.4 percent and 3.2 percent, respectively. Motorists in Western states, however, logged more vehicle miles through May, at 59.8 billion, than did South Atlantic states, at 58.5 billion.

There’s another reason to expect lower prices. U.S. oil and gasoline supplies keep growing even as demand across the globe wavers.

China’s unexpected economic slowdown has lowered demand for oil, as has the prolonged economic weakness across Europe and even in big emerging markets such as Brazil. It all adds up to weak global demand, even as the U.S. motorists and boaters drink up more fuel.

Crude oil traded between $99 and $102 a barrel in late July 2014. Late last month this price wavered between $48 and $49 a barrel.

As prices came down, refiners turned more oil into gasoline.​

Read more here: http://www.mcclatchydc.com/news/nation-world/national/economy/article29944098.html#storylink=cpy

 

[ORIGINAL NATION]

GAS GOING UP, ELECTRIC CARS STILL OUTLAWED IN AMERICA, AND SOLAR PANELS ON ROOFS STILL SUPPRESSED AS A SOURCE OF ENERGY. YET WE WORK HARDER TO HELP THEM DESTROY THE WORLD. ONLY DIFFERENCE THEY LIVE GOOD OFF OF US STAYING CONTROLLED AND BLIND.

 

[thoughtone]

i paid 1.68 on monday, its 1.90 right now..

Honeymoon might be over

OBAMA>Bush!

 

[thoughtone]

I agree, the dollar, is almost at a full collapse...>>>^^^

Ain't heard from you in a while. Maybe just as well.


This is the U.S. dollar's fastest rise in 40 years