Gas is $1.39 gal in MI where I live. It sure makes it cheaper to run the power equipment.
I paid $1.78 yesterday ... bought it just because I could, not because I really needed it.
State by state gas taxes.
https://files.taxfoundation.org/20190730150512/Gas-Tax-July-2019-fv-01.png
Well, I’m sure the Saudis are not exactly happy the price of crude oil is so low but it has made fracking unprofitable. And that means the US is not a net exporter of oil...at least for awhile. Of course, the environmentalists will be happy that fracking might be shut down. Again, at least for awhile.
Oil is going to be this cheap for 18 years? Wouldn't that be good news?
It won't matter, though. We will all die from the Sweet and Sour Sickness and then again from Global Warming.
Someone should remind Tommie the Commie and his staff of butt-kissing RINO legislators that PA has fallen behind Kalifornia and that they need to work much harder to get our gas tax back to no. 1 in the nation once again.
It sucks being no. 2.
Gasoline futures diverged from crude last week and are somewhat higher. So the pump decline will slow a bit this week.
This does suck in one way, you just know the States are going to move quickly to increase the per-gallon tax.
I guess the BBC forgot about the oil “war” between Russia and Saudi Arabia, where the Saudi sought to increase their output to flood the market and lower prices.
So no peak oil than
No prices are dropping at the pumps. What’s with that?
Below a buck in Oklahoma City!
NEVER thought I’d see that again
I saw regular unleaded for $1.95 a gallon yesterday at a Sheetz in N.C.
