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(AZCentral)   Gas may drop to $3.40 per gallon by July 4th. I never thought I'd see the day when $3.40 per gallon could be considered GOOD news, but here we are   (azcentral.com) divider line 102
    More: Spiffy, International Energy Agency, Strategic Petroleum Reserve, energy crisis  
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407 clicks; posted to Business » on 25 Jun 2011 at 6:30 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



102 Comments   (+0 »)
   

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2011-06-25 02:00:17 PM
Put up the price $2/gallon. Drop the price a $1/gallon and it is considered the equal of parting the Red Sea and makes the gas companies much more money.

People have short memory attention spans so can't remember back a year or two.
 
2011-06-25 02:13:30 PM
Wait, weren't the "experts" telling us in April that gasoline was going to be over $5 by Memorial Day? Why the fark does the media give any prediction story any credence at all?
 
2011-06-25 02:18:18 PM
It's been between $3.25 and $3.35 here for the past week or so.
 
2011-06-25 02:18:48 PM
I got gas for $3.43 yesterday. I want it back at $1.99 where it reasonably belongs.
 
2011-06-25 02:19:36 PM
Really? Cuz I think I'll see the day when $5 per gallon will be good news.
 
2011-06-25 02:23:25 PM
I paid $3.38 last time, but I'm also heading to an area known for high gas prices on the 2nd, so I'm kinda happy about this.
 
2011-06-25 02:38:07 PM
It is 3.35 in my area which is good news, but I had to fill my RV up with 55 gallons, which sucks donkey balls.

I would be happy if it stayed around 2.20 - 2.80.
 
2011-06-25 02:43:45 PM
Western New York consistently has the highest gas prices in the country. I paid $3.80/gal yesterday. What the hell.
 
2011-06-25 03:27:31 PM
Kar98: I got gas for $3.43 yesterday. I want it back at $1.99 where it reasonably belongs.

$1.99 for a gallon of fuel from a finite resource is beyond unreasonable. I'd love to hear an economic justification, staying within the laws of supply and demand, that says $1.99 gasoline is reasonable, especially given how long we have been paying a fraction of what they pay in Europe.

We need an alternative that makes fuel "reasonable" at $1.99, not just wishful thinking.
 
2011-06-25 04:01:56 PM
Kar98: I got gas for $3.43 yesterday. I want it back at $1.99 where it reasonably belongs.

WTF does that mean?
 
2011-06-25 04:12:14 PM
Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

lh3.googleusercontent.com
 
NFA [TotalFark]
2011-06-25 04:29:05 PM
I just paid $3.37 at a station in Glen Burnie Maryland.
 
NFA [TotalFark]
2011-06-25 04:32:38 PM
TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

Yes but the World Reserve currency is the American dollar so we should be paying the lowest prices on the planet. All oil purchases are made with the dollar and we don't have to pay the exchange rate.
 
2011-06-25 04:47:18 PM
TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

It is too expensive and unreasonable, but what those other nations pay in duty and taxes is the real crime.
 
2011-06-25 04:52:02 PM
NFA: TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

Yes but the World Reserve currency is the American dollar so we should be paying the lowest prices on the planet. All oil purchases are made with the dollar and we don't have to pay the exchange rate.


do you really think that currency exchange risk and fees should account for that large of a discrepancy?
 
2011-06-25 04:56:25 PM
$3.19 here. Woo hoo.
 
2011-06-25 04:59:07 PM
violentsalvation: It is too expensive and unreasonable, but what those other nations pay in duty and taxes is the real crime.

Maybe so, but most of those countries have a functioning rail infrastructure.
 
2011-06-25 05:01:51 PM
WaltzingMathilda: I'd love to hear an economic justification, staying within the laws of supply and demand, that says $1.99 gasoline is reasonable,

We have a supply of nuclear weapons and demand that the middle east stop pulling their crap on us. It's reasonable not to piss off the United States because we've already atomized cities because we were annoyed, just ask the Japanese.
 
2011-06-25 05:05:20 PM
eddyatwork: WaltzingMathilda: I'd love to hear an economic justification, staying within the laws of supply and demand, that says $1.99 gasoline is reasonable,

We have a supply of nuclear weapons and demand that the middle east stop pulling their crap on us. It's reasonable not to piss off the United States because we've already atomized cities because we were annoyed, just ask the Japanese.


it's true, economic realities don't apply to the united states because of our atomic bombs. that's why japan just gives us all of their goods for free.
 
2011-06-25 05:08:58 PM
eddyatwork: WaltzingMathilda: I'd love to hear an economic justification, staying within the laws of supply and demand, that says $1.99 gasoline is reasonable,

We have a supply of nuclear weapons and demand that the middle east stop pulling their crap on us. It's reasonable not to piss off the United States because we've already atomized cities because we were annoyed, just ask the Japanese.


might makes right is not an economic justification. educated adults are trying to find out what this kid means by "$1.99 is a reasonable price for gas" and you've contributed nothing.
 
2011-06-25 05:18:26 PM
Well the CEO of ExxonMobil said a barrel of oil should cost $60 to $70 but thanks to the oil companies screwing with the futures market to inflate the price it doesn't. Yet no one seems much interested in fixing that.
 
2011-06-25 05:27:18 PM
The oil companies should conspire arrange it so that gas stays about $2.99. That's a psychologically potent price-point that will keep people from clamoring for investment in alternative energy, and keep them buying reasonably wasteful larger American cars. The Saudis get to keep their lock on the energy market, Americans keep mooing, profit.
 
2011-06-25 05:32:28 PM
TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

What's the price of tea in China?
 
2011-06-25 05:52:06 PM
I filled up yesterday for $3.22 a gallon. Some places around here are under $3.20 a gal.

/Come on $2.99
 
2011-06-25 06:10:52 PM
Mentat: $3.19 here. Woo hoo.

I thought you were a KC guy? Where is it $3.19?
 
2011-06-25 06:40:47 PM
Here in great green north, it's the equivalent of $4.79 for a gallon of "regular".

/the difference is mostly due to taxes
 
2011-06-25 06:48:17 PM
i939.photobucket.com
 
2011-06-25 06:52:22 PM
cameroncrazy1984: Western New York consistently has the highest gas prices in the country. I paid $3.80/gal yesterday. What the hell.

Hawaii would disagree with you.
 
2011-06-25 07:03:06 PM
I parked my car again a few days ago so I'm getting a smug kick out of this
 
2011-06-25 07:04:51 PM
cameroncrazy1984: Western New York consistently has the highest gas prices in the country. I paid $3.80/gal yesterday. What the hell.

And the reason? Taxes, taxes, taxes. You should be used to it by now.
 
2011-06-25 07:16:30 PM
cameroncrazy1984 [TotalFark] 2011-06-25 02:43:45 PM
Western New York consistently has the highest gas prices in the country. I paid $3.80/gal yesterday. What the hell.


Jupiter FL is still between 3.70 and 3.80. If you go north to the next town about 20 miles away it is under 3.50. I can't figure out why their is a .30-.40 price discrepancy between areas that are so close in proximity to each other. Taxes? Jupiter's affluency relative to some other towns around here?

/Also fark gas stations that charge you 10 cents more to pay by credit or debit card rather than cash. It is not my fault that the credit card surcharges eat into your already thin profit margins on gas. Your business model sucks but it isn't my problem. I'll be going down the street where they don't screw you over for not carrying cash.
 
2011-06-25 07:23:14 PM
Igor Jakovsky:
Jupiter FL is still between 3.70 and 3.80. If you go north to the next town about 20 miles away it is under 3.50. I can't figure out why their is a .30-.40 price discrepancy between areas that are so close in proximity to each other. Taxes? Jupiter's affluency relative to some other towns around here?


Yes, taxes vary greatly by city/county in FL. Gas tax is high to subsidize not having state income tax. I'll take that trade. Daytona, cheap. Port Orange, fair. NSB, hella expensive. Edgewater, fair, etc. I've seen price diff of over $1/gal up and down A1A.

The cash/credit thing has come roaring back in the past 2 years and it is quite annoying. If I don't see the (usually tiny) 'cash price' sign before pulling in, I pump gas in 2 transactions so they get hit with an extra flat fee. A-holes.
 
2011-06-25 07:33:37 PM
TheirThey'reNow: Igor Jakovsky:
Jupiter FL is still between 3.70 and 3.80. If you go north to the next town about 20 miles away it is under 3.50. I can't figure out why their is a .30-.40 price discrepancy between areas that are so close in proximity to each other. Taxes? Jupiter's affluency relative to some other towns around here?

Yes, taxes vary greatly by city/county in FL. Gas tax is high to subsidize not having state income tax. I'll take that trade. Daytona, cheap. Port Orange, fair. NSB, hella expensive. Edgewater, fair, etc. I've seen price diff of over $1/gal up and down A1A.

The cash/credit thing has come roaring back in the past 2 years and it is quite annoying. If I don't see the (usually tiny) 'cash price' sign before pulling in, I pump gas in 2 transactions so they get hit with an extra flat fee. A-holes.


Jupiter is a little weird, but it varies by tens of cents depending on where in town you are in Tallahassee. (Same city, same county, no special districts causing it.) $3.40 right up the road, but $3.70 a mile away? I don't think it's the taxes doing that.
 
2011-06-25 07:41:50 PM
Yeah, a lot of areas in FL seem to do that. Maybe the higher priced station is in a location better suited to bilking vacationers? IDK.
 
2011-06-25 07:50:16 PM
CavalierEternal: It's been between $3.25 and $3.35 here for the past week or so.

places near me are reporting from 3.31 to 3.49 when I look at the gas buddy app on my phone.

Note though that for some reason NE houston area is always a little more expensive then the rest of the city, i have no idea why.
 
2011-06-25 07:51:45 PM
Smeggy Smurf: I parked my car again a few days ago so I'm getting a smug kick out of this

I just paid $5.40 a gallon for 50 gallons of 100LL, so I'm not getting a kick out of this.

/still faster than scheduled service
//bonus: no TSA groping :)
///negative: Airventure coming soon so the price will go up :(
 
2011-06-25 07:52:00 PM
TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

what the hell is this litre shiat
 
2011-06-25 07:52:49 PM
TheirThey'reNow 2011-06-25 07:23:14 PM

The cash/credit thing has come roaring back in the past 2 years and it is quite annoying. If I don't see the (usually tiny) 'cash price' sign before pulling in, I pump gas in 2 transactions so they get hit with an extra flat fee. A-holes.


Haha...I'm going to do that next time. Thanks for the advice.
 
2011-06-25 07:53:38 PM
HAHAHAAHAHAHA I dont care! I just got rid of my piece of crap Dodge Dakota that was getting 12-17 mpg and got into a 2012 Hyundai Accent

i738.photobucket.com

Past two days Ive taken two good sized road trips of ~230 miles each in the Texas hill country which is certainly not ideal terrain for good mpg but this little car managed 43 mpg*

*did not speed, coasted down the hills etc.

I finally got tired of $350-500 gas bills each month. Im on track right now for around a little over $100 a month and Im trying to learn hypermiling basics.
 
2011-06-25 07:58:34 PM
davidphogan: cameroncrazy1984: Western New York consistently has the highest gas prices in the country. I paid $3.80/gal yesterday. What the hell.

Hawaii would disagree with you.


and chicago. i mean damn. just use google cameroncrazy
 
2011-06-25 08:07:04 PM
Litterbox [TotalFark] 2011-06-25 07:53:38 PM
HAHAHAAHAHAHA I dont care! I just got rid of my piece of crap Dodge Dakota that was getting 12-17 mpg and got into a 2012 Hyundai Accent


You know, Hyundai has come a long way in quality and looks.

And grats on getting a fuel efficient vehicle. I went in a different direction to avoid $300 + monthly gas bills. I was able to get a new job that is only 5 miles one way from my house as opposed to 30. I consider myself damn lucky to be able to get a new job in a county that has around 14% unemployment. Starting Monday.
 
2011-06-25 08:07:12 PM
3.09 in OKC. Saw 2.85 for New Orleans last night!
 
2011-06-25 08:10:08 PM
Like $3.95 here in the northwest suburbs of Chicago.

/the roads here are shiat
 
2011-06-25 08:23:41 PM
Sir Cumference the Flatulent: violentsalvation: It is too expensive and unreasonable, but what those other nations pay in duty and taxes is the real crime.

Maybe so, but most of those countries have a functioning rail infrastructure.


And the roads department actually fixes potholes before they get axle-breakingly large, which is far more than I can say for any place I've lived in the States.

/the worst, by a wide margin, was I-90 through NW Penna.
 
2011-06-25 08:30:47 PM
TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .
lh3.googleusercontent.com


Notice anything interesting about that graph? The reason the rest of the world pays so much more for fuel is the taxes. If you look at the actual fuel cost - the U.S. pays more than many other countries. So yes, our fuel prices are too high compared to the other countries on the list, and their taxes are too high compared to the U.S.
 
2011-06-25 08:31:09 PM
I saw gas for $3.39 today in Orlando.
 
2011-06-25 08:57:07 PM
Gas prices to me are akin to chocolate rations to Smith.

/double plus good.
//we have always been at war with Eurasia
 
2011-06-25 09:01:21 PM
Saturn5: TwistedIvory: Yeah, I'm just going to go ahead and leave this here for anyone claiming gas is too expensive here, and it's artificially inflated, and "reasonable" prices should be lower. . .

Notice anything interesting about that graph? The reason the rest of the world pays so much more for fuel is the taxes. If you look at the actual fuel cost - the U.S. pays more than many other countries. So yes, our fuel prices are too high compared to the other countries on the list, and their taxes are too high compared to the U.S.


Which kind of makes sense, if you think about it. All else being equal, why shouldn't it cost more to send a tanker from the Persian gulf through the Suez into the mediterranean, across the Atlantic and into New Jersey or Houston than it would to only send it as far as Trieste or Marseille?
 
2011-06-25 09:09:59 PM
Litterbox: HAHAHAAHAHAHA I dont care! I just got rid of my piece of crap Dodge Dakota that was getting 12-17 mpg and got into a 2012 Hyundai Accent



Past two days Ive taken two good sized road trips of ~230 miles each in the Texas hill country which is certainly not ideal terrain for good mpg but this little car managed 43 mpg*

*did not speed, coasted down the hills etc.

I finally got tired of $350-500 gas bills each month. Im on track right now for around a little over $100 a month and Im trying to learn hypermiling basics.

But what about the new car payments don't theynbalance it all out? So essentially you aren't saving money
 
2011-06-25 09:10:47 PM
limeyfellow: People have short memory attention spans so can't remember back a year or two.

3 years ago next week the wife & I were on our honeymoon in Florida and saw $4+ a gallon. Here in the midwest, I think it was still in the upper 3s.
 
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