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HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year

 
$3.80 in PA
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05/05/2012 04:51 PM
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HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Oil in Free Fall as Economic Worries Spur Selling--

West Texas crude finsished down nearly 4 percent at $98.49 per barrel, after breaking key technical levels and the psychological $100 mark. WTI has now wiped out all of its gains for the year and is down fractionally for the year and down 6 percent on the week.

Has this affected prices in your area?

tomato
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05/05/2012 04:56 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
hell no, 3.79/sw ohio
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05/05/2012 04:58 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Not yet, but I guarantee it will come down plenty between now and the election.
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05/05/2012 05:11 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
yup dropped like 20-30 cents a gallon from 3.79 or 3.80 to 3.54-3.59 here in central Texas.
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05/05/2012 05:25 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Theres no doubt in my mind that Obama made a deal with Saudi to flood the market prior to election (starting now). AFTER the election, expect to be paying 2 to 3 times as much.
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05/05/2012 05:47 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
If they were givin the shit away for free , it would still go up every Thursday in Van Alstyne Texas by about 10 to 15 cents a gallon.
Anonymous Coward
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05/05/2012 05:49 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Theres no doubt in my mind that Obama made a deal with Saudi to flood the market prior to election (starting now). AFTER the election, expect to be paying 2 to 3 times as much.
 Quoting: Anonymous Coward 12483265


Election is not going to happen.
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05/05/2012 05:51 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
But you can bet your ass it won't be reflected at the pump anytime soon - if at all.
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05/05/2012 05:54 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
CNY - yesterday - at $4.09!!
I'm not impressed.
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05/05/2012 06:01 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Commodities traders have found another way to manipulate the market. Prices on the market reflected the current price of oil at any given time. The price was then adjusted up or down at the pump to reflect those prices.

Now, they work on the assumption that prices will fluctuate wildly and reflection at the pump will not be accurate so now they are betting on what the price of a barrel will be 10 days out giving the traders 10 days to drive the price up by whatever means and preventing the price at the pump to fall.
LindaE

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05/05/2012 07:03 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
It has dropped from $4.19 at Easter to $4.05 in our area this week. Puget Sound area.

I'm betting that Obama works really hard to keep it dropping ever so slightly between now and the elections, so we'll think he's a really good president (and one we'd like to re-elect).
HANGFIRE

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05/05/2012 07:16 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
naw, it went up.
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05/05/2012 10:30 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Local station just dropped it to $3.49 and he has a line out there.I can see it from where i live.Big deal. We are so.........
samanthasunflower

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05/05/2012 10:46 PM

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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Oil only dropped below $100 a barrel on Friday.

I don't consider $98 to be cheap and don't expect it to stay that low for long.
They are dropping
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05/08/2012 12:31 PM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
DOWN TO $3.26 IN La.

DOWN TO $3.33 IN Kansas

Whats the price in your area?
LindaE

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05/10/2012 12:06 AM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Went past the three local stations and found that they had all gone UP 4 to 5 cents. So it's now $4.09 here in Puget Sound area (across the pond from Seattle).
Anonymous Coward
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05/10/2012 12:23 AM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
DOWN TO $3.26 IN La.

DOWN TO $3.33 IN Kansas

Whats the price in your area?
 Quoting: They are dropping 15725834


Louisiana always has cheap gas, also S Carolina

I'm in Dallas, where its more expensive than elsewhere in TX due to taxes, and its 3.59

In Amarillo, it's 3.36:

[link to www.amarillogasprices.com]

Under $3 soon, thank Europe for blowing up the risk market
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05/10/2012 04:04 AM
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Re: HAVE GAS PRICES at the pump DROPPED in your area?-Oil in FREE FALL hits low for the year
Here's the gas price heat map of the US:

[link to www.amarillogasprices.com]

Very interesting, lets you see clearly which states have the highest gas taxes

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