"It's down to $2.99.9 right now in Columbia, Mo."
We have a hedge against going that low here in Washington. It's the 2nd largest gas tax in the nation. (and they tell us it's being put to good use)
Posted on 09/26/2011 8:21:06 AM PDT by Evil Slayer
As gasoline prices keep falling at the pump, analysts are wondering how low they can go.
Crude prices could continue to drop, in part because of lingering economic woes seem likely to keep demand down.
The national average is down to $3.54 for a gallon of regular, and in the city with the cheapest gas, St. Louis, the going rate was $3.08 a gallon as of Friday, according to the Lundberg Survey released Sunday.
Some Central Jersey stations are also in that ballpark. Two stations in Old Bridge, Middlesex County, and one in Marlboro, Monmouth County, have pegged regular at $3.07, while one Trenton station has $3.08 and another has $3.09, according to www.NewJerseyGasPrices.com.
With a drop of another dime possible, according to Lundberg, that could mean gas selling for less than $3 a gallon once again in the region.
And that's without crude prices falling more, which could happen.
"The worsening perceptions of the European economies means there's a potential for the damage to petroleum demand to go viral worldwide," analyst Trilby Lundberg told Bloomberg News.
(Excerpt) Read more at philly.com ...
You took the words from my mouth! I’m paying $3.89. It went UP
two weeks ago ($3.87)
"It's down to $2.99.9 right now in Columbia, Mo."
We have a hedge against going that low here in Washington. It's the 2nd largest gas tax in the nation. (and they tell us it's being put to good use)
Wow!!! St. Peters,Mo. $2.87. I used to live there.
“Could gas fall to $3 a gallon?”
^^^^^^^^^^^^^^^^^^
Americans Have A very Short Memory!
It wasn’t that long ago when we were all bitchin’ that the price might GO UP TO 3$per!!!!!
The “conditioning” really works, huh!!!
They got our #!
Semper Watching
*****
$2.99 at some stations in Greenville, SC.
While ago it was at about $78.50.
From Gasbuddy
| State | Price | Change | Trend |
|---|---|---|---|
| St. Louis, MO | 2.992 | -0.095 | |
| Greenville, SC | 3.085 | -0.042 | |
| Spartanburg, SC | 3.107 | +0.006 | |
| Fort Worth, TX | 3.155 | -0.005 | |
| Dallas, TX | 3.172 | -0.031 | |
| New Orleans, LA | 3.172 | -0.100 | |
| Knoxville, TN | 3.180 | -0.006 | |
| Columbia, SC | 3.186 | -0.029 | |
| Macon, GA | 3.214 | -0.009 | |
| Topeka, KS | 3.217 | -0.010 |
$3.599 here in NC WV....been that way for a month.
Italy’s Eni: Oil production resumes in Libya
http://www.forbes.com/feeds/ap/2011/09/26/general-energy-eu-italy-libya-oil_8700608.html
Huh. Still $3.599 here on the southwest side of Durham. Although, all the stations around here move in complete lockstep, there’s never even a penny’s difference between the 8-9 stations on this stretch of 15/501. When one adjusts their price, the others do at precisely the same time and for precisely the same amount.
Maybe it’ll drop today. They all tend to move in fairly large increments (a dime or so) at the same time.
}:-)4
Were I the GOP candidate, ANY candidate, every remark in any debate in which I participated would begin with this phrase, “When candidate Obama took office, gas was $1.85 a gallon; each of you out there —— are you better off now than you were then?” And then I’d continue on with my point. It would be my Campaign Hallmark....
Your state’s gasoline tax is probably higher than average.
—While ago it was at about $78.50.—
Then something has changed in the formula. Last time crude was at that price, nobody* was paying more than $3 a gallon in the US.
*excluding rare backwater stations that charge ridiculous high prices anyway.
It was 3.17 in Brighton,MI last night.
$10 a gallon in England.
Nope. I actually pay about 20 cents less per gallon than in the state I just moved from. And the former state is the one I was basing my figures on.
Something has changed. There has been a shift in the relationship between the price of crude and the price of gasoline, with gasoline becoming significantly more expensive.
Crude oil prices by the 42 gallon barrel.
Cheers,
OLA
Refineries?
—Refineries?—
Well, what changed there? I have not heard about any of them going off line. There may be nothing here, but I just find it weird that the price of crude has fallen so much but the price of gas has not. It’s only like 20 or 30 cents off its recent highs yet the price of crude is down well over $20 a barrel from its recent highs.
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