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Discussion in 'Bad Dog Cafe' started by chet again, Jan 6, 2020.
2.65 yesterday when I gassed up... I did a war whoop of happiness when I got back in the truck!
Last night I waited for a big oil train heading east so we should keep the downward pressure on prices if Dakotas are still producing.
The global oil market is so flush that they’re running out of storage, so pump prices should be going down for a while. Just way more oil than demand.
I'm wondering when the gas stations stop putting receipt paper in the machines. Some of them don't make squat off the fuel sales, but they could make some bread if people came inside for a receipt and bought a bag of chips and a bag of ice while in there.
But I could be starving to death, on the verge of heat exhaustion - if there's no paper in the machine, I may use the restroom but out of principle I won't buy even a newspaper.
I was just thinking, how long will it take before all the coal mines outside of Wyoming just close down. Who in their right mind, who has any choice in the matter, uses coal when there's nat gas and crude oil being given away like this?
I excluded Wyoming, because they seem to be able to deliver coal, the same way the Saudis can deliver oil.
I once ate a hot dog from a gas station.
Different tax rates between NE and Iowa.
I love gas station hot dogs...
I think Karl from slingblade was more accurate than lisa... and I don's care.
It's economics. We have a glut of cheap oil and a very sudden and dramatic drop in demand. Check out the reports about less traffic and pollution in many metro areas.
Prices will find their equilibrium, and the price will return to normal, whatever that may be.
Just filled up today in South Carolina. $2.05 for regular.
I was thinking we need a "Gas Buddy" type of app to show consumers where they can find Toilet Paper and Hand Sanitizer.
It's kind of ridiculous that gas prices are cheap, but you can't find bog roll for any price.
$1.35 per gallon at Sam's and #1.36 at Costco in Tulsa, OK. I have relatives that own producing oil wells and they are not liking it.
Woo Hoo! My gas stations price has dropped to $2.79!
Maybe it (price, consumption) will stay lower via people who keep working at home? Some I recently set up for remote work are doing better than ever. Of course not all remote work pans out that well.
average price today here is @ $1.20/L... it's dropped about 50c/L over the last few months....
cheapest it's been here for a long, long time... even with our falling$...
How low can it go?
Gassed up today for $1.49 a gallon. I had to do a double take to check to see if the pumps had been modified to pump the Flex Fuel gas but they weren't.
Too bad my car isn't fit to drive on the interstate. Today I was able to go to Sioux City, Iowa on a back highway at 50 mph but that's the limit. I don't know that I'd wanna travel much anyways...
We're getting 99.9 c a litre AUD which is $4.54 an Imperial gallon. That would be about $ 2.20 per gallon in USD and by US gallon. Our dollar is $ 0.59.. USD ATM according to X Converter.
0.99.9C !!??.. ..... man, are we getting ripped off up here ..
not that I'm driving far... and it's in a diesel anyway...that never seems to go down much at the pump.
$1.65/gallon last night...
Gasoline is around $1.50/gallon in SW Missouri.
Low prices may persist for a while, which will delay the gains in relative cost advantage for electric cars.
I was working for a large oil and gas company when the price of oil collapsed in 1982, triggering massive consolidation and restructuring of the oil and gas industry and destructive shock waves to banking and real estate across North America, particularly in Texas, Oklahoma, New Mexico, Colorado, Louisiana, Alaska, California, and North Dakota, and the oil-producing Canadian provinces. Many enhanced recovery projects and marginal wells were abandoned.
While I like cheap fuel, I am worried about economic dominoes falling.