Gas Prices

[Bryan330i]

So what are all of you paying for gas now?

It went up another .10 here this week and they are talking $3.00 by June.

I hope it does not get that bad, that will suck the life right out of the US economy-way too much money taken away from other spending.

I just paid $2.12 today for 91.

 

[coyotefreek]

I just payed $2.05 for 91 Octane. I too have heard about prices going up to $3.00 by summer. Around the corner from me they want $2.45 a gallon for 91 Octane. I live in a rilly rich area so they figure people wont shop around and just buy there. I get gas by my school which is one of the cheepest stations around.

 

[skandalous]

http://www.lifeaftertheoilcrash.net/Index.html

Some friend sent me that link one time. I had a good laugh.

Anyways, I'm paying about $1.70 for the high grade stuff. Could be a lot worse, I guess, but luckily I don't drive much while I'm at school.

 

[bmwrocks]

Premium is 1.75 here today at my favorite Hess station.

I read last week in the paper where OPEC is lowering production to jack up the prices, hence your 3.00 worry. I am waiting for the prices to jump here.

Voting out Bush may help.

 

[frolf]

I paid $1.80 something last weekend

 

[Kirby]

Ya know, if we all buy Tornado Fuel Savers we could nullify the gas price increase!!

Seriously, I think we spoiled Americans are in for another attitude adjustment regarding fuel prices. IMHO the days of $1.40 per gallon is gone forever. We had prices like that here in PA last year. In California, the days of $1.75 per gallon are fading fast, never to be seen again.

I hope I'm wrong. But after paying $60 to fill the tank in Germany last year, it kinda sent the message home.

 

[Bryan330i]

I bet if prices stay high there will be a big drop in consumption. May even be able to get a real good deal on a full size SUV.

And no question in my mind, this will impact the election in November, even further decreasing the chances of a second term for Bush.

 

[codex57]

Yikes, $2.07 for 91 Premium at the station across the street. Means the one I normally go to is prolly at $2.03. What is this, Norcal?

 

[wood_e]

I paid $1.80 something last weekend

X2....

 

[jrt67ss350]

$1.59 for the cheap stuff, $1.69 for 89, and $1.79 for 93 here in central NC. My girlfriend lives in TN, and her gas is cheaper. I know we are getting ripped here because TN gas is never cheaper than NC gas.

 

[MyHarley]

$1.799 for 93............just so you understand a little more.........the drilling contractors are hurting for business (hence drilling).........it is the oil and gas companies that are not spending the billions that were made last year.........they are not extending good day rate contracts, therefore the drilling contractors are saying "no" to the day rate contracts, which means less and less drilling in the Gulf and various other areas of the world......its a standoff.......oil and gas companies are using the windfall of money last year to pay down debt and not flash around all the extra cash.......Bush is all for drilling.........if the oil and gas companies dont increase the drilling soon, many more engineering firms, drilling contractors, shipyards, electrical contractors, manufacturers, distributors will be in a financial crisis...........


Its a tiring business..............

 

[Bmw 325i 7803]

We're at $2 a gallon in NYC or if you wanna put it in gas station terms.. $1.99.99999......... Thats for 93 octane, but NJ has Sunoco 94 for $1.73, what a sweet price.

 

[ThinkingBMW]

$1.799 for 93............just so you understand a little more.........the drilling contractors are hurting for business (hence drilling).........it is the oil and gas companies that are not spending the billions that were made last year.........they are not extending good day rate contracts, therefore the drilling contractors are saying "no" to the day rate contracts, which means less and less drilling in the Gulf and various other areas of the world......its a standoff.......oil and gas companies are using the windfall of money last year to pay down debt and not flash around all the extra cash.......Bush is all for drilling.........if the oil and gas companies dont increase the drilling soon, many more engineering firms, drilling contractors, shipyards, electrical contractors, manufacturers, distributors will be in a financial crisis...........

Very interesting! Thanks for your unique perspective.

My perspective for now is (stepping out of character as a Porsche and prospective M3 driver): burn it while you've got it. Once we run out of gas, we'll be forced to *seriously* explore the many alternatives.

 

[salvo]

We are in the 2.10+ range...need to drive around tonight and find a cheaper one!
San Diego.

 

[Dave8812]

1.70 to 1.80

 

[Dave8812]

I bet if prices stay high there will be a big drop in consumption. May even be able to get a real good deal on a full size SUV.

And no question in my mind, this will impact the election in November, even further decreasing the chances of a second term for Bush.

Hmmmm.... general car chat, or politics..... thats what i thought.

 

[wishihadabentley]

its about 1.60 down here

remember about 5 years ago when everyone was getting upset because gas was starting to break the dollar barrier?

 

[M_Six]

There's one station near me that has 93 for $1.68. Most others in town are at $1.71 or so. But up where I work it's up around $1.79 or higher.

 

[Bryan330i]

$1.799 for 93............just so you understand a little more.........the drilling contractors are hurting for business (hence drilling).........it is the oil and gas companies that are not spending the billions that were made last year.........they are not extending good day rate contracts, therefore the drilling contractors are saying "no" to the day rate contracts, which means less and less drilling in the Gulf and various other areas of the world......its a standoff.......oil and gas companies are using the windfall of money last year to pay down debt and not flash around all the extra cash.......Bush is all for drilling.........if the oil and gas companies dont increase the drilling soon, many more engineering firms, drilling contractors, shipyards, electrical contractors, manufacturers, distributors will be in a financial crisis...........


Its a tiring business..............

Interesting MyHarley.

I hate to see gas prices go too high...we all will pay...a big vicious circle.

A hundred or so does not sound like a lot more per family each month for gas but it needs to come from somewhere. Perhaps some may put off buying a new car...appliances...and so on.

I hate to see this money shift, but hopefully it wont last a long time and be too serious but what you say is a concern.

 

[Bryan330i]

Hmmmm.... general car chat, or politics..... thats what i thought.

Things do get off topic but if you don't see a conection between $3.00/gallon and the auto industry, politics, consumer spending and elections think again.