SIGforum
$1.50 gas ! , no wait , now it's a $1.45.9
April 01, 2020, 02:42 PM
OKCGene$1.50 gas ! , no wait , now it's a $1.45.9
99 cents at OKC Costco
April 01, 2020, 02:50 PM
chellim1quote:
There may not be a group of people harder hit during this crisis than those in O&G. Say a prayer for them as you put $1.49/gal gas into your SUV.
My daughter is one of those O&G workers.
They are starting to shut down parts of the refinery where she works. They can't sell it at a profit so why produce it?
"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible."
-- Justice Janice Rogers Brown
"The United States government is the largest criminal enterprise on earth."
-rduckwor April 01, 2020, 02:58 PM
Dakorquote:
Originally posted by Aglifter:
Wholesale is something like 48¢ last I heard - will head far lower, maybe - or the retail folks will just keep the record high margins while they have them.
The Price of Gas at the pump is the wholesale price. There is no intermediary market for gasoline, which is why the spot price of oil can be reflected so quickly in the supply chain from the refinery / reserves / market.
April 01, 2020, 03:04 PM
TMatsquote:
Originally posted by chellim1:
quote:
There may not be a group of people harder hit during this crisis than those in O&G. Say a prayer for them as you put $1.49/gal gas into your SUV.
My daughter is one of those O&G workers.
They are starting to shut down parts of the refinery where she works. They can't sell it at a profit so why produce it?
It’s bad out there. I hope she can keep her job and that those furloughed, or laid off, or whatever they are calling it, can return to work soon.
_______________________________________________________
despite them
April 01, 2020, 04:24 PM
sredingIt's below a dollar here in Red Wing, MN. One small shop has 87 octane (e10) for 95cents. Nonoxy 93 is around $1.80 right now.
I reject your reality and substitute my own.
--Adam Savage, MythBusters
April 01, 2020, 04:37 PM
V-Tail$1.659 for regular at Costco here in Altamonte Springs FL (just north of Orlando)
הרחפת שלי מלאה בצלופחים April 01, 2020, 05:13 PM
maxwaynebendable, if you want to drive to the very Southern part of the state. It was $1.25 in Harrisburg today.
April 01, 2020, 05:22 PM
DCFD4Paid $1.29 this morning in Front Royal
April 01, 2020, 05:55 PM
41It was $1.33 at Kroger in Charlottesville yesterday. It is still over $2 around here.
41
April 01, 2020, 06:00 PM
SigSACquote:
Originally posted by Nismo:
Geez. I drove by a gas station the other day and the 89 octane was slightly under $3 a gallon, which is low compared to what it was before all this.
I just checked online for Costco - the nearest stations were between $2.249 and $2.299. Diesel (not as many locations carry that) was $2.699
April 01, 2020, 06:17 PM
.38supersigWas able to fill up for fifty bucks. That was a first for me.
April 01, 2020, 06:24 PM
GWbikerStill around $2 a gallon of regular unleaded in Tucson.
IMO, lower gas prices around the country will no doubt prompt the "Powers to be" to hike the fuel tax, 'cause gas prices are too low.
*********
"Some people are alive today because it's against the law to kill them".
April 02, 2020, 08:51 AM
bendableNow down to $1.35 9/10s
Safety, Situational Awareness and proficiency.
Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
April 02, 2020, 09:23 AM
bald1Haven't been out of the house since the 10th but GasBuddy says regular is $1.90 locally.
Certifiable member of the gun toting, septuagenarian, bucket list workin', crazed retiree, bald is beautiful club!
USN (RET), COTEP #192
April 02, 2020, 12:17 PM
PASigStill above $2 in PA where we pay something like 60 cents to the state in taxes which then go RIGHT to the PA state police budget so they can get bigger and to pad their pensions.
Cheapest I saw was $2.22 yesterday
April 02, 2020, 06:11 PM
gjgalliganquote:
Originally posted by TMats:
From the heart.
Living in western Colorado, and now SE Wyoming, we’ve met, and became friends with, many people who worked in oil and gas. My wife, in fact, worked for Schlumberger for a few years and still keeps in touch with several people she worked with at “Slumber J.” Crude oil prices have cratered, they’ve been down at $20/barrel for a few days now. Just as this Virus was taking hold, the Sauds started a gas war with the Russians. That started the decline, then the Coronavirus began to accelerate causing airlines and cruise ships to park planes and ships and most Americans are sheltered at home. There’s a glut of oil now. The price is WAY too low to sell, so it’s being stored. Assuming at some point in the next few months things begin to return to something approaching normalcy, it won’t return for domestic O&G for a long time because of the glut of oil being stored now.
The independence we’ve enjoyed from OPEC because of domestic oil production is something some of you may be too young appreciate. Do a search for “70s gas crisis” and see what life is like when the Middle East (or Russia) has the country by the short hairs. This independence does not come about because of Exxon-Mobil, or Phillips Petroleum, or Chevron-Mobil. It’s achieved because of the many independents out there exploring, drilling, and employing thousands of fellow Americans. It will be devastating to American energy independence and our economy if those independents can’t survive.
There may not be a group of people harder hit during this crisis than those in O&G. Say a prayer for them as you put $1.49/gal gas into your SUV.
I get it, I understand tough times and being out of work just trying to feed my family.
See, I worked in the auto industry and I have been laid of several times due to high gas prices killing auto sales. That caused a dip in the overall economy affecting everyone.
I don't wish any bad luck on anybody but I just hope the energy guys have a little better understanding in the future.
I understand that the common workers do not set the prices of gas directly, just like the autoworkers didn't directly set the auto prices.
But it all revolves together.
Integrity is doing the right thing, even when nobody is looking.
April 02, 2020, 06:23 PM
kx90quote:
Originally posted by PASig:
Still above $2 in PA where we pay something like 60 cents to the state in taxes which then go RIGHT to the PA state police budget so they can get bigger and to pad their pensions.
Cheapest I saw was $2.22 yesterday
I paid $1.89 yesterday at Costco in lower Bucks.
Most regular gas stations around here are about $2.20 to $2.27. NJ is just about down to $2 even around where I work.
April 02, 2020, 06:40 PM
Haveme1or2I bet the states tax it back to norm then when it goes up we're screwed.
1.85 because of nc taxes.
April 02, 2020, 07:24 PM
terma-natorI suspect that when all the gas storage tanks are full, the refineries will shut down. Then the price will slowly creep back up...
I love it here!
My Gun collection:
Too many to list. Lets just say that the zombies should look elsewhere. April 02, 2020, 07:40 PM
bendableIllinois and their gas taxes are such that there are as many Illinois plates at the Iowa gas pumps. as Iowa licence plates, consistently, all day every day.
Safety, Situational Awareness and proficiency.
Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first